KOTHARIPET

Kothari Petrochemicals financials

Market cap
₹815 Cr
Sector
Chemicals

What Kothari Petrochemicals Limited does

Kothari Petrochemicals Limited manufactures Polyisobutylene (PIB) at a single integrated plant in Sathangadu Village, Manali, Chennai, Tamil Nadu. The plant runs its own Captive Power Plant supplemented by rooftop solar for its energy needs, and the company exports part of its PIB output. It holds ISO 9001, ISO 14001, ISO 45001 and ISO 50001 certifications for quality, environmental, safety and energy management, and operates a DSIR-recognized in-house R&D unit that develops new PIB applications.

Segments

  • Polyisobutylene (PIB) manufacturing
Manufacturing plants
1 (Manali, Chennai, Tamil Nadu)
PIB production volume
37,995 MT (FY2024-25)
Production vs annual target
87.6% (FY2024-25)
Plant operating days
354 days (FY2024-25)
Captive Power Plant operating days
301 days (FY2024-25)
Installed solar power capacity
307 kW (247 kW existing + 60 kW added in FY2024-25)
Founded 1989Headquarters Chennai, Tamil Nadu, India Company website

Quarterly results

Q1 FY27: revenue down 9.3%, net profit down 5.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue150 131 153 161 143 −5%135 +3%153 +0%146 −9%
EBITDA21 18 23 23 25 +19%25 +39%24 +4%22 −4%
Net profit16 13 17 18 18 +13%19 +46%18 +6%17 −6%
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 −14.5% 1Y

₹100₹120₹140₹160Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹162.1 on 10 Sept 2025 → ₹138.57. High ₹162.1 (10 Sept 2025), low ₹95.12 (30 Mar 2026).

Financials, as filed

Revenue grew 7.0% a year over 3 years, FY23 to FY26. Operating margin widened to 16.4%.

Year endingFY23FY24FY25FY26
Revenue₹483 Cr₹604 Cr₹579 Cr₹592 Cr
Operating profit₹57 Cr₹95 Cr₹80 Cr₹97 Cr
Operating margin11.8%15.7%13.8%16.4%
Interest₹3 Cr₹1 Cr₹0 Cr₹0 Cr
Depreciation₹8 Cr₹8 Cr₹8 Cr₹8 Cr
Net profit₹39 Cr₹64 Cr₹65 Cr₹73 Cr
Net margin8.1%10.6%11.2%12.3%
Cash from operations₹26 Cr₹72 Cr₹59 Cr₹81 Cr
Free cash flow₹7 Cr₹57 Cr₹-27 Cr₹62 Cr
ROCE29.0%42.0%30.0%29.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹59 Cr₹59 Cr₹59 Cr₹59 Cr₹59 Cr₹59 Cr
Reserves₹64 Cr₹97 Cr₹133 Cr₹187 Cr₹277 Cr₹313 Cr
Borrowings₹4 Cr₹12 Cr₹23 Cr₹0 Cr₹3 Cr₹2 Cr
Other liabilities₹44 Cr₹55 Cr₹55 Cr₹72 Cr₹70 Cr₹67 Cr
Total liabilities₹171 Cr₹223 Cr₹270 Cr₹319 Cr₹409 Cr₹442 Cr
Fixed assets₹96 Cr₹93 Cr₹121 Cr₹130 Cr₹209 Cr₹214 Cr
Capital work in progress₹3 Cr₹18 Cr₹3 Cr₹1 Cr₹5 Cr₹8 Cr
Investments₹15 Cr₹33 Cr₹41 Cr₹74 Cr₹81 Cr₹104 Cr
Other assets₹57 Cr₹79 Cr₹105 Cr₹114 Cr₹114 Cr₹115 Cr
Total assets₹171 Cr₹223 Cr₹270 Cr₹319 Cr₹409 Cr₹442 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 +1.24 pp while the public trimmed −1.24 pp. The shareholder count shrank 8% to 39,301.

Promoters
72.2%
DIIs
0.1%
Public
27.7%

Since Jun 2025

  • Promoters +1.24 pp
  • Public −1.24 pp
  • DIIs +0.01 pp

How it drifted, 12 quarters

Over this window the public fell from 28.9% to 27.7% — −1.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 71.0%, DIIs 0.1%, Public 28.9%.Dec '23: Promoters 71.0%, DIIs 0.1%, Public 28.9%.Mar '24: Promoters 71.0%, FIIs 0.0%, DIIs 0.1%, Public 28.9%.Jun '24: Promoters 71.0%, FIIs 0.0%, DIIs 0.1%, Public 28.9%.Sep '24: Promoters 71.0%, FIIs 0.3%, DIIs 0.1%, Public 28.6%.Dec '24: Promoters 71.0%, FIIs 0.2%, DIIs 0.1%, Public 28.8%.Mar '25: Promoters 71.0%, FIIs 0.0%, DIIs 0.1%, Public 28.9%.Jun '25: Promoters 71.0%, DIIs 0.1%, Public 28.9%.Sep '25: Promoters 72.2%, DIIs 0.1%, Public 27.7%.Dec '25: Promoters 72.2%, DIIs 0.1%, Public 27.7%.Mar '26: Promoters 72.2%, FIIs 0.0%, DIIs 0.1%, Public 27.7%.Jun '26: Promoters 72.2%, DIIs 0.1%, Public 27.7%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Kothari Petrochemicals Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

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.

What the price assumes

Attractive

To justify its price of ₹139, this stock must grow earnings at 3% every year for 7 years. Our analysis caps realistic growth at ~23%. At that growth it is worth ₹400 — upside of 189%.

Growth the price implies
2.7% a year
for 7 years, fading to 4%
It has actually compounded at
23.2% a year
net profit, FY23–FY26 · EPS 22.8%
The gap
-0.2 pp
189% downside if it only repeats history
Price today ₹138.57 Value at the reference growth ₹400.14

Change the assumptions yourself →