537326
Chemtech Indust. financials
- Market cap
- ₹118 Cr
- Sector
- Capital Goods
What Chemtech Indust. does
Chemtech Industrial Valves Ltd designs, engineers and manufactures customised, heavy-duty valves used to control the flow and pressure of liquids, gases and slurries in process plants, including its patented Line Blind pipeline-isolation valves and Jansen-type Dashpot Check Valves. It earns revenue by supplying these valves to major Indian steel producers such as JSW Steel, Tata Steel, Jindal Steel & Power, Kalyani Steels, AM/NS India, SAIL and L&T, and also exports to the Russian steel sector. Manufacturing, fabrication, machining, hydro-testing, assembly and QA/QC are carried out in-house at its own integrated plant near Mumbai, covering the full cycle from design/engineering to project execution and after-sales support.
Segments
- Specialised/engineered valves
- Conventional valves
- Patented Line Blind systems
- Manufacturing facility
- 1 integrated plant at Kudus, Wada, Dist. Palghar (~55 km from Mumbai)
- Plant area
- 1,30,000 sq.ft. total (70,000 sq.ft. built-up)
- Customers served
- 100+
- Products offered
- 27
- Industries served
- 6
- Line Blind valve size range
- DN 100 mm to DN 900 mm (DN 1500 mm under development)
Quarterly results
Q1 FY27: revenue up 18.7%, net profit down 77.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 8 | 12 | 10 | 5 −40% | 5 −34% | 10 −19% | 11 +19% |
| EBITDA | 2 | 1 | 1 | 3 | 1 −69% | -0 −118% | -0 −101% | 0 −92% |
| Net profit | 2 | 2 | 2 | 3 | 1 −21% | 0 −87% | 1 −66% | 1 −77% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −38.9% 1Y
1Y: ₹103.1 on 10 Sept 2025 → ₹63. High ₹135.8 (19 Sept 2025), low ₹55.36 (23 Mar 2026).
Financials, as filed
Revenue grew 13.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to 12.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹20 Cr | ₹31 Cr | ₹40 Cr | ₹30 Cr |
| Operating profit | ₹4 Cr | ₹6 Cr | ₹8 Cr | ₹4 Cr |
| Operating margin | 19.0% | 18.4% | 19.8% | 12.3% |
| Interest | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹3 Cr | ₹4 Cr | ₹7 Cr | ₹5 Cr |
| Net margin | 13.7% | 13.2% | 17.5% | 16.7% |
| Cash from operations | ₹2 Cr | ₹4 Cr | ₹-1 Cr | ₹-10 Cr |
| Free cash flow | ₹1 Cr | ₹3 Cr | ₹-4 Cr | ₹-16 Cr |
| ROCE | 15.9% | 16.0% | 14.2% | 7.8% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹15 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹-2 Cr | ₹-2 Cr | ₹1 Cr | ₹20 Cr | ₹82 Cr | ₹89 Cr |
| Borrowings | ₹12 Cr | ₹12 Cr | ₹11 Cr | ₹5 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹5 Cr | ₹6 Cr | ₹6 Cr | ₹11 Cr | ₹9 Cr | ₹8 Cr |
| Total liabilities | ₹27 Cr | ₹27 Cr | ₹28 Cr | ₹51 Cr | ₹108 Cr | ₹116 Cr |
| Fixed assets | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹11 Cr | ₹14 Cr | ₹18 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹14 Cr | ₹15 Cr | ₹16 Cr | ₹40 Cr | ₹94 Cr | ₹98 Cr |
| Total assets | ₹27 Cr | ₹27 Cr | ₹28 Cr | ₹51 Cr | ₹108 Cr | ₹116 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +1.79 pp while the public trimmed −1.26 pp. The shareholder count grew 5% to 5,646.
- Promoters
- 40.7%
- DIIs
- 1.3%
- Public
- 58.0%
Since Jun 2025
- Promoters +1.79 pp
- Public −1.26 pp
- DIIs −0.54 pp
How it drifted, 12 quarters
Over this window promoters fell from 69.4% to 40.7% — −28.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 69.4%, Public 30.6%.Dec '23: Promoters 60.7%, Public 39.3%.Mar '24: Promoters 47.6%, Public 52.3%.Jun '24: Promoters 47.6%, Public 52.4%.Sep '24: Promoters 47.6%, FIIs 0.0%, Public 52.3%.Dec '24: Promoters 41.2%, DIIs 2.0%, Public 56.9%.Mar '25: Promoters 38.9%, DIIs 1.9%, Public 59.3%.Jun '25: Promoters 38.9%, DIIs 1.9%, Public 59.3%.Sep '25: Promoters 38.9%, DIIs 1.9%, Public 59.2%.Dec '25: Promoters 39.0%, DIIs 1.9%, Public 59.0%.Mar '26: Promoters 39.0%, DIIs 1.7%, Public 59.3%.Jun '26: Promoters 40.7%, DIIs 1.3%, Public 58.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Puneet Pradeep Badkur +1.12 pp 9.76% held
- Harsh Pradeep Badkur +1.02 pp 13.49% held
The same filing shows 6 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Chemtech Indust. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Harsh Pradeep Badkur | 13.49% | +1.02 pp |
| Puneet Pradeep Badkur | 9.76% | +1.12 pp |
| Vikas Vijaykumar Khemani | 8.14% | −0.22 pp |
| Ignatious David Inasu Chittatukarakaran | 7.99% | −0.22 pp |
| Namrata P Badkur | 5.31% | −0.15 pp |
| Pradeep Shikharchand Badkur | 4.13% | −0.11 pp |
| D K Goyal (Huf) | 2.71% | −0.08 pp |
| Daya Krishna Goyal | 2.71% | −0.08 pp |
| Aryavardhan Trading LLP | — | off the list |
| Titco Ltd. Taurus Mutual Fund Taurus Infrastructure Fund | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Chemtech Indust.
Guides on how to read this kind of business and the numbers that matter.