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    Kothari Petrochemicals Limited

    Chennai-based single-plant manufacturer of Polyisobutylene (PIB), a specialty petrochemical polymer, with captive thermal-and-solar power generation.

    Chemicals
    Commodities

    Overview

    Price

    Market Cap

    ₹776 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital5959595959595959
    Reserves416497133187247277313
    Borrowings8412230332
    Other Liabilities3844555572697067
    Total Liabilities146171223270319378409442
    AssetsFixed Assets999693121130211209214
    CWIP031831258
    Investments4153341744081104
    Other Assets435779105114126114115
    Total Assets146171223270319378409442

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2826301926725981
    Cash from Investing-8-4-14-32-26-44-43-77
    Cash from Financing-14-11-485-33-7-7
    SummaryCapital Expenditure
    Free Cash Flow282525-2757-2762
    FCF Margin

    Valuation

    Assumptions

    Current — KOTHARIPET
    Price
    ₹130
    EPS (TTM)
    ₹12.32
    PE (TTM)
    10.5
    Profit growth
    23.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (12.1×) and current (10.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹130
    vs
    Fair value · 15% return
    ₹176
    35%Undervalued

    At 23.2% growth and a 11× exit, ₹130 only delivers your return if you pay ₹176. The price is currently baking in 17% growth.

    EPS grows 23.2%/yr for 5 years, then fades to 6% over 2, exits at 11×.

    YearGrowthEPS (₹)
    FY2723.2%15.18
    FY2823.2%18.70
    FY2923.2%23.04
    FY3023.2%28.38
    FY3123.2%34.97
    FY3214.6% ·fade40.07
    FY336.0% ·fade42.48

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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