544205
National Perox. financials
- Market cap
- ₹363 Cr
- Sector
- Chemicals
What National Perox. does
National Peroxide Limited (NPL) manufactures peroxygen chemicals, primarily hydrogen peroxide, used as a bleaching and oxidising agent in pulp and paper, textiles, water treatment, electronics and food-processing industries. It also produces compressed hydrogen gas and peracetic acid, a disinfectant used in food processing, healthcare and wastewater treatment. Manufacturing is concentrated at a single fully integrated facility in Kalyan, Maharashtra, and the company exports hydrogen peroxide to over 30 countries. NPL is part of the Wadia Group and was formerly known as NPL Chemicals Limited.
Segments
- Hydrogen Peroxide
- Peracetic Acid
- Compressed Hydrogen Gas
- Installed hydrogen peroxide capacity
- 150,000 MTPA (on 50% w/w basis)
- Manufacturing facility
- 1 fully integrated plant (Kalyan, Maharashtra)
- Export footprint
- 30+ countries
- Product range
- Hydrogen Peroxide, Compressed Hydrogen Gas, Peracetic Acid
- Market position
- Largest Hydrogen Peroxide manufacturer in India
Quarterly results
Q1 FY27: revenue up 44.1%, net profit up 642.7% 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 | 77 | 62 | 74 | 67 | 68 −11% | 69 +11% | 86 +16% | 96 +44% |
| EBITDA | 4 | 3 | -2 | 5 | 5 +9% | 7 +116% | 15 +733% | 12 +154% |
| Net profit | 1 | -2 | -6 | 1 | 0 −43% | 2 +220% | 9 +242% | 7 +643% |
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 +3.7% 1Y
1Y: ₹607.65 on 10 Sept 2025 → ₹630. High ₹686.65 (7 May 2026), low ₹350.85 (30 Mar 2026).
Financials, as filed
Revenue fell 6.7% a year over 2 years, FY24 to FY26. Operating margin narrowed to 10.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹333 Cr | ₹287 Cr | ₹290 Cr |
| Operating profit | ₹38 Cr | ₹15 Cr | ₹31 Cr |
| Operating margin | 11.3% | 5.3% | 10.8% |
| Interest | ₹2 Cr | ₹2 Cr | ₹1 Cr |
| Depreciation | ₹19 Cr | ₹20 Cr | ₹21 Cr |
| Net profit | ₹17 Cr | ₹-2 Cr | ₹12 Cr |
| Net margin | 5.0% | -0.8% | 4.3% |
| Cash from operations | ₹36 Cr | ₹19 Cr | ₹34 Cr |
| Free cash flow | ₹22 Cr | ₹14 Cr | ₹30 Cr |
| ROCE | 6.0% | 0.0% | 3.0% |
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 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹346 Cr | ₹353 Cr | ₹345 Cr | ₹356 Cr |
| Borrowings | ₹23 Cr | ₹20 Cr | ₹14 Cr | ₹13 Cr |
| Other liabilities | ₹86 Cr | ₹81 Cr | ₹75 Cr | ₹82 Cr |
| Total liabilities | ₹455 Cr | ₹459 Cr | ₹440 Cr | ₹457 Cr |
| Fixed assets | ₹336 Cr | ₹321 Cr | ₹302 Cr | ₹297 Cr |
| Capital work in progress | ₹3 Cr | ₹11 Cr | ₹4 Cr | ₹3 Cr |
| Investments | ₹40 Cr | ₹35 Cr | ₹37 Cr | ₹51 Cr |
| Other assets | ₹77 Cr | ₹92 Cr | ₹97 Cr | ₹106 Cr |
| Total assets | ₹455 Cr | ₹459 Cr | ₹440 Cr | ₹457 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 7% to 15,292.
- Promoters
- 70.8%
- Public
- 29.2%
Since Jun 2025
- DIIs −0.01 pp
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 9 quarters
Ownership split by quarter, oldest first. Jun '24: Promoters 70.8%, FIIs 0.1%, DIIs 0.0%, Public 29.2%.Sep '24: Promoters 70.8%, DIIs 0.0%, Public 29.2%.Dec '24: Promoters 70.8%, DIIs 0.0%, Public 29.2%.Mar '25: Promoters 70.8%, DIIs 0.0%, Public 29.2%.Jun '25: Promoters 70.8%, DIIs 0.0%, Public 29.2%.Sep '25: Promoters 70.8%, DIIs 0.0%, Public 29.2%.Dec '25: Promoters 70.8%, DIIs 0.0%, Public 29.2%.Mar '26: Promoters 70.8%, Public 29.2%.Jun '26: Promoters 70.8%, Public 29.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of National Perox. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nowrosjee Wadia And Sons Limited | 33.08% | unchanged |
| Baymanco Investments Mauritius Limited | 20.38% | unchanged |
| Macrofil Investments Limited | 10.69% | unchanged |
| The Bombay Burmah Trading Corporation Limited | 3.90% | unchanged |
| The Bombay Dyeing And Manufacturing Company Limited | 1.06% | unchanged |
| Ben Nevis Investments Ltd | 0.90% | unchanged |
| Nusli Neville Wadia | 0.38% | unchanged |
| Varnilam Investments And Trading Co Ltd | 0.29% | unchanged |
| Ness Nusli Wadia | 0.08% | unchanged |
| Jehangir Nusli Wadia | 0.00% | unchanged |
| Naperol Investments Limited | 0.00% | unchanged |
| Go Investments And Trading Private Limited | 0.00% | unchanged |
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 National Perox.
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