SADHNANIQ
Sadhana Nitrochem financials
- Market cap
- ₹861 Cr
- Sector
- Chemicals
Quarterly results
Q1 FY27: revenue down 6.8%, net profit up 76.5% 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 | 33 | 30 | 40 | 28 | 0 −99% | 6 −81% | 7 −84% | 26 −7% |
| EBITDA | 9 | 9 | 12 | 3 | -20 −330% | -15 −263% | -21 −275% | 2 −6% |
| Net profit | 1 | 1 | 4 | -2 | -26 −4896% | -25 −4069% | -34 −948% | -0 +76% |
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 −73.4% 1Y
1Y: ₹10.66 on 10 Sept 2025 → ₹2.84. High ₹11.08 (12 Sept 2025), low ₹1.33 (24 Mar 2026).
Financials, as filed
Revenue fell 34.7% a year over 3 years, FY23 to FY26. Operating margin narrowed to -132.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹145 Cr | ₹189 Cr | ₹133 Cr | ₹41 Cr |
| Operating profit | ₹23 Cr | ₹44 Cr | ₹39 Cr | ₹-54 Cr |
| Operating margin | 15.5% | 23.5% | 29.4% | -132.5% |
| Interest | ₹9 Cr | ₹17 Cr | ₹17 Cr | ₹26 Cr |
| Depreciation | ₹9 Cr | ₹15 Cr | ₹15 Cr | ₹16 Cr |
| Net profit | ₹5 Cr | ₹7 Cr | ₹5 Cr | ₹-87 Cr |
| Net margin | 3.5% | 3.9% | 3.9% | -215.4% |
| Cash from operations | ₹-38 Cr | ₹-2 Cr | ₹48 Cr | ₹-31 Cr |
| Free cash flow | ₹-86 Cr | ₹-68 Cr | ₹-45 Cr | ₹-95 Cr |
| ROCE | 5.0% | 8.0% | 5.0% | -12.0% |
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 | ₹20 Cr | ₹20 Cr | ₹25 Cr | ₹33 Cr | ₹296 Cr |
| Reserves | ₹119 Cr | ₹145 Cr | ₹208 Cr | ₹208 Cr | ₹220 Cr | ₹160 Cr |
| Borrowings | ₹83 Cr | ₹116 Cr | ₹139 Cr | ₹233 Cr | ₹258 Cr | ₹113 Cr |
| Other liabilities | ₹90 Cr | ₹99 Cr | ₹61 Cr | ₹71 Cr | ₹105 Cr | ₹91 Cr |
| Total liabilities | ₹306 Cr | ₹380 Cr | ₹428 Cr | ₹536 Cr | ₹616 Cr | ₹661 Cr |
| Fixed assets | ₹70 Cr | ₹67 Cr | ₹144 Cr | ₹156 Cr | ₹134 Cr | ₹163 Cr |
| Capital work in progress | ₹23 Cr | ₹68 Cr | ₹28 Cr | ₹53 Cr | ₹109 Cr | ₹78 Cr |
| Investments | ₹6 Cr | ₹7 Cr | ₹6 Cr | ₹6 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹207 Cr | ₹238 Cr | ₹250 Cr | ₹321 Cr | ₹373 Cr | ₹420 Cr |
| Total assets | ₹306 Cr | ₹380 Cr | ₹428 Cr | ₹536 Cr | ₹616 Cr | ₹661 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 Aug 2026
Since Sep 2025, promoters added +29.58 pp while the public trimmed −29.55 pp. The shareholder count grew 20% to 75,757.
- Promoters
- 59.5%
- FIIs
- 0.0%
- DIIs
- 0.0%
- Public
- 40.4%
Since Sep 2025
- Promoters +29.58 pp
- Public −29.55 pp
- DIIs −0.02 pp
How it drifted, 12 quarters
Over this window promoters fell from 65.8% to 59.5% — −6.3 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 65.8%, DIIs 0.1%, Public 34.1%.Mar '24: Promoters 65.6%, FIIs 0.1%, DIIs 0.0%, Public 34.3%.Jun '24: Promoters 65.5%, DIIs 0.0%, Public 34.5%.Sep '24: Promoters 65.5%, DIIs 0.0%, Public 34.5%.Dec '24: Promoters 65.1%, DIIs 0.0%, Public 34.9%.Mar '25: Promoters 64.9%, FIIs 0.1%, DIIs 0.0%, Public 35.0%.Jun '25: Promoters 56.7%, FIIs 0.0%, DIIs 0.0%, Public 43.2%.Sep '25: Promoters 30.0%, FIIs 0.0%, DIIs 0.1%, Public 69.9%.Dec '25: Promoters 30.0%, FIIs 0.1%, DIIs 0.1%, Public 69.8%.Mar '26: Promoters 60.9%, DIIs 0.0%, Public 39.1%.Jun '26: Promoters 60.9%, FIIs 0.0%, DIIs 0.0%, Public 39.0%.Aug '26: Promoters 59.5%, FIIs 0.0%, DIIs 0.0%, Public 40.4%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Niraj Bajaj +1.62 pp 6.60% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Aug 2026 filing
Every holder of Sadhana Nitrochem Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Asit Dhankumar Javeri | 28.34% | −0.65 pp |
| Abhishek Asit Javeri | 27.07% | −0.61 pp |
| Niraj Bajaj | 6.60% | +1.62 pp |
| Manekchand Panachand Trading Investment Co Pvt Ltd | 1.96% | unchanged |
| Sadhana Rajiv Jain | 0.64% | unchanged |
| Chandrika Dhankumar Javeri | 0.64% | unchanged |
| Anuradha Merchant | 0.41% | unchanged |
| Seema Asit Javeri | 0.40% | unchanged |
| Rahat Sandeep Shah | 0.07% | unchanged |
| Amita Vijayraj Parekh | 0.01% | unchanged |
| Nisheeta Sanjay Agarawala | 0.00% | unchanged |
| Lifestyle Net Works 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 Sadhana Nitrochem Limited
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