CHEMFAB
Chemfab Alkalis financials
- Market cap
- ₹545 Cr
- Sector
- Chemicals
What Chemfab Alkalis Limited does
Chemfab Alkalis operates an integrated chlor-alkali plant in Puducherry that converts brine drawn from its own captive salt fields into caustic soda (lye and flakes) and related chemicals such as liquid chlorine, hydrochloric acid, hydrogen gas and sodium hypochlorite, sold to industries including aluminium, paper and pulp, soaps and detergents, and pharmaceuticals. Since 2018 it has also manufactured Oriented PVC (OPVC) pipes at a dedicated plant in Sri City, Andhra Pradesh, under a technology partnership with Spain's Molecor, supplying pipes across a 110mm-630mm diameter range mainly for government water-infrastructure schemes such as the Jal Jeevan Mission.
Segments
- Chlor-Alkali
- OPVC Pipes
- Manufacturing units
- 2 (Puducherry chlor-alkali plant; Sri City, Andhra Pradesh OPVC plant)
- Chlor-alkali installed capacity
- 65,700 TPA
- OPVC pipes installed capacity
- 20,000 TPA
- OPVC production lines commissioned
- 6 (at Sri City plant)
- OPVC pipe diameter range
- 110mm-630mm
- Captive salt fields
- 2,370+ acres (Kanthadu, Chunampet, Mariyur, Puducherry)
Quarterly results
Q1 FY27: revenue down 20.1%, net profit up 124.7% 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 | 82 | 84 | 92 | 92 | 77 −7% | 68 −19% | 75 −19% | 73 −20% |
| EBITDA | 10 | 12 | 13 | 11 | 5 −46% | 2 −84% | 9 −36% | 10 −10% |
| Net profit | -1 | 2 | -9 | 3 | -2 −279% | -4 −337% | 0 +105% | 6 +125% |
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 −42.3% 1Y
1Y: ₹657.65 on 10 Sept 2025 → ₹379.35. High ₹659.15 (17 Sept 2025), low ₹292.9 (30 Mar 2026).
Financials, as filed
Revenue fell 2.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 8.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹331 Cr | ₹327 Cr | ₹334 Cr | ₹311 Cr |
| Operating profit | ₹110 Cr | ₹54 Cr | ₹44 Cr | ₹27 Cr |
| Operating margin | 33.3% | 16.5% | 13.1% | 8.7% |
| Interest | ₹0 Cr | ₹1 Cr | ₹5 Cr | ₹8 Cr |
| Depreciation | ₹23 Cr | ₹22 Cr | ₹36 Cr | ₹28 Cr |
| Net profit | ₹65 Cr | ₹26 Cr | ₹-7 Cr | ₹-3 Cr |
| Net margin | 19.5% | 8.0% | -2.1% | -1.1% |
| Cash from operations | ₹93 Cr | ₹31 Cr | ₹40 Cr | ₹38 Cr |
| Free cash flow | ₹40 Cr | ₹-60 Cr | ₹-71 Cr | ₹-38 Cr |
| ROCE | 28.0% | 10.0% | 3.0% | 1.0% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr |
| Reserves | ₹253 Cr | ₹284 Cr | ₹347 Cr | ₹373 Cr | ₹365 Cr | ₹361 Cr |
| Borrowings | ₹32 Cr | ₹9 Cr | ₹2 Cr | ₹20 Cr | ₹109 Cr | ₹126 Cr |
| Other liabilities | ₹36 Cr | ₹46 Cr | ₹48 Cr | ₹93 Cr | ₹79 Cr | ₹76 Cr |
| Total liabilities | ₹335 Cr | ₹352 Cr | ₹412 Cr | ₹500 Cr | ₹567 Cr | ₹577 Cr |
| Fixed assets | ₹202 Cr | ₹194 Cr | ₹192 Cr | ₹247 Cr | ₹314 Cr | ₹387 Cr |
| Capital work in progress | ₹3 Cr | ₹8 Cr | ₹31 Cr | ₹74 Cr | ₹63 Cr | ₹31 Cr |
| Investments | ₹24 Cr | ₹31 Cr | ₹68 Cr | ₹5 Cr | ₹0 Cr | ₹14 Cr |
| Other assets | ₹105 Cr | ₹119 Cr | ₹121 Cr | ₹174 Cr | ₹190 Cr | ₹146 Cr |
| Total assets | ₹335 Cr | ₹352 Cr | ₹412 Cr | ₹500 Cr | ₹567 Cr | ₹577 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, DIIs trimmed −0.20 pp while the public added +0.16 pp. The shareholder count shrank 8% to 10,650.
- Promoters
- 72.1%
- FIIs
- 0.0%
- DIIs
- 0.1%
- Government
- 0.1%
- Public
- 27.7%
Since Jun 2025
- DIIs −0.20 pp
- Public +0.16 pp
- Government +0.06 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 73.0%, FIIs 0.2%, DIIs 0.1%, Public 26.7%.Dec '23: Promoters 72.9%, FIIs 0.3%, DIIs 0.1%, Government 0.0%, Public 26.7%.Mar '24: Promoters 72.9%, FIIs 0.3%, DIIs 0.1%, Government 0.0%, Public 26.6%.Jun '24: Promoters 72.9%, FIIs 0.3%, DIIs 0.1%, Public 26.8%.Sep '24: Promoters 72.6%, FIIs 0.1%, DIIs 0.1%, Public 27.2%.Dec '24: Promoters 72.6%, FIIs 0.0%, DIIs 0.3%, Public 27.1%.Mar '25: Promoters 72.2%, FIIs 0.0%, DIIs 0.3%, Public 27.5%.Jun '25: Promoters 72.2%, FIIs 0.0%, DIIs 0.3%, Public 27.5%.Sep '25: Promoters 72.2%, DIIs 0.3%, Government 0.1%, Public 27.5%.Dec '25: Promoters 72.1%, FIIs 0.1%, DIIs 0.2%, Government 0.1%, Public 27.5%.Mar '26: Promoters 72.1%, FIIs 0.0%, DIIs 0.1%, Government 0.1%, Public 27.6%.Jun '26: Promoters 72.1%, FIIs 0.0%, DIIs 0.1%, Government 0.1%, Public 27.7%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Chemfab Alkalis Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Dr Rao Holdings Pte Ltd | 47.04% | unchanged |
| Suresh Krishnamurthi Rao | 9.91% | unchanged |
| Padma K M | 7.73% | unchanged |
| Team Hiitec Eqpt Private Limited | 7.46% | unchanged |
| V. M. Srinivasan | 1.80% | unchanged |
| P L Thirunavukkarasu | 1.06% | unchanged |
| Ramachandran N | 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 Chemfab Alkalis Limited
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