Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹14791 Cr.
Stock P/E
35.5
P/B
3.4
Current Price
₹3417.1
Book Value
₹ 994.1
Face Value
10
52W High
₹4821
52W Low
₹ 2906.9
Dividend Yield
0.73%

BASF India Overview

Business

BASF India Ltd. is a leading chemical company in India, operating as a subsidiary of the global chemical giant BASF SE, Germany. The company is engaged in the manufacturing, marketing, and selling of a diverse range of chemical products and solutions across various sectors. Its core business model involves leveraging the parent company's global research & development capabilities, extensive product portfolio, and technological expertise to serve the specific needs of the Indian market. BASF India primarily makes money by selling its advanced chemical products, specialty chemicals, performance materials, and agricultural solutions to a broad customer base that includes industries such as agriculture, automotive, construction, pharmaceuticals, textiles, and consumer goods.

Revenue Mix

BASF India operates across several key segments, reflecting the diversified portfolio of its parent company. While exact percentages can fluctuate, the major segments and their approximate contributions (based on recent financial reports) are:

Agricultural Solutions: ~30-35% (Crop protection, seeds, digital farming solutions)

Materials: ~25-30% (Performance materials like engineering plastics, polyurethanes)

Industrial Solutions: ~15-20% (Dispersions & resins, performance chemicals, mining solutions)

Surface Technologies: ~10-15% (Coatings, catalysts)

Nutrition & Care: ~5-10% (Ingredients for human and animal nutrition, personal care)

Chemicals: ~5% (Petrochemicals, intermediates)

Industry

BASF India operates within the vast and growing Indian chemicals industry, which encompasses commodity chemicals, specialty chemicals, and agrochemicals. The industry is characterized by increasing demand driven by industrialization, urbanization, and agricultural needs. BASF India holds a strong position as one of the leading multinational chemical companies in the country. It is particularly well-positioned in higher-value-added segments like specialty chemicals, performance materials, and agricultural solutions, leveraging its global parent's strong brand, innovation, and diverse product offerings. It competes with both domestic players (e.g., UPL, Reliance Industries in certain segments) and other multinational chemical companies present in India (e.g., Bayer CropScience, Syngenta).

MOAT

BASF India's competitive advantages are largely derived from its strong parentage:

Global R&D and Technology: Access to BASF SE's world-class research & development capabilities, proprietary technologies, and innovative product pipeline provides a significant edge in product differentiation and meeting evolving industry needs.

Brand Reputation & Trust: The global brand recognition and reputation of BASF for quality and reliability instill high customer trust.

Scale and Integration: Leveraging the global scale of BASF SE, the company benefits from efficient supply chains, raw material sourcing, and integrated production facilities.

Broad Product Portfolio: A comprehensive range of products and solutions allows for cross-selling opportunities and catering to diverse customer requirements across multiple industries.

Growth Drivers

India's Economic Growth: General economic expansion, increasing industrial output, and infrastructure development drive demand for various chemical inputs.

Rising Disposable Incomes & Urbanization: Leads to higher consumption of automotive, construction, and consumer goods, requiring advanced chemical solutions.

Agricultural Demand: Growing need for higher crop yields and protection solutions due to population growth and limited arable land.

"Make in India" Initiative: Government focus on boosting domestic manufacturing provides tailwinds for local chemical production and consumption.

Shift to Specialty Chemicals: Increasing demand from end-user industries for high-performance and customized specialty chemicals.

Risks

Raw Material Price Volatility: Significant exposure to fluctuations in crude oil derivatives and other key chemical raw material prices, impacting profitability.

Currency Fluctuations: Dependence on imports for certain raw materials and products exposes the company to foreign exchange risks.

Regulatory and Environmental Compliance: Strict and evolving environmental protection laws and regulations in India can increase operational costs and compliance burden.

Intense Competition: The Indian chemical market is competitive, with both domestic and international players vying for market share.

Global Economic Slowdown: A downturn in the global economy can impact demand for chemicals, particularly those linked to export-oriented industries.

Geopolitical Factors: Global supply chain disruptions and trade policies can affect operations and profitability.

Management & Ownership

BASF India Ltd. is majority-owned by BASF SE, Germany, which holds approximately 73% of its equity shares. The management team is professional, comprising experienced executives with significant industry knowledge, often including personnel with global exposure from the parent company. The management's strategy is closely aligned with BASF SE's global vision and strategic imperatives, ensuring access to global best practices and technological advancements.

Outlook

BASF India is poised to benefit from India's long-term economic growth trajectory and the expanding demand for chemicals across various end-use sectors. Its strong parentage provides a significant competitive edge through access to advanced technology, a diverse product portfolio, and a global brand. The company's focus on specialty chemicals and agricultural solutions positions it well in higher-growth segments. However, the outlook is not without challenges, including susceptibility to volatile raw material prices, currency fluctuations, and intense competition. While the structural growth drivers in India offer a positive long-term perspective, near-term profitability can be influenced by cyclical industry trends and external macroeconomic factors.

BASF India Share Price

Live · BSE / NSE · Inception: 1943
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

BASF India Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 3360 3967 4248 3635 3158 3741 4045 3863 3444 4824
Other Income 25 22 18 19 19 19 25 11 11 22
Total Income 3385 3989 4266 3654 3177 3760 4070 3874 3455 4847
Total Expenditure 3114 3654 4047 3465 3107 3518 3879 3693 3333 4320
Operating Profit 270 334 219 189 70 242 191 181 122 527
Interest 3 5 3 4 3 5 8 5 2 5
Depreciation 48 47 45 45 38 38 40 34 37 41
Exceptional Income / Expenses 0 14 0 0 16 0 0 0 0 0
Profit Before Tax 219 297 171 140 44 200 144 142 83 480
Provision for Tax 58 76 43 35 14 53 36 36 21 132
Profit After Tax 161 221 128 105 30 147 107 106 63 348
Adjustments 0 0 0 -1 -3 -9 0 1 6 12
Profit After Adjustments 161 221 128 104 27 137 107 107 69 360
Adjusted Earnings Per Share 37.3 51 29.6 23.9 6.2 31.7 24.8 24.6 15.9 83.2

BASF India Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 13767 14780 14944 16176
Other Income 83 81 72 69
Total Income 13851 14862 15016 16246
Total Expenditure 12885 14053 14290 15225
Operating Profit 966 809 726 1021
Interest 16 15 19 20
Depreciation 191 170 145 152
Exceptional Income / Expenses 0 29 0 0
Profit Before Tax 759 653 561 849
Provision for Tax 196 169 145 225
Profit After Tax 563 484 416 624
Adjustments 0 -5 4 19
Profit After Adjustments 563 479 420 643
Adjusted Earnings Per Share 130.1 110.7 97 148.5

BASF India Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 3224 3634 3957
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 1431 1634 1804
Total Current Liabilities 4025 4797 4145
Total Liabilities 8679 10065 10180
Fixed Assets 759 777 725
Other Non-Current Assets 1626 1918 2086
Total Current Assets 6295 7370 6879
Total Assets 8679 10065 10180

BASF India Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 367 622 753
Cash Flow from Operating Activities 807 373 -110
Cash Flow from Investing Activities -450 -114 379
Cash Flow from Financing Activities -102 -129 -179
Net Cash Inflow / Outflow 255 131 89
Closing Cash & Cash Equivalent 622 753 842

BASF India Ratios

# Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 130.12 110.66 97.04
CEPS(Rs) 174.29 151.12 129.68
DPS(Rs) 15 20 25
Book NAV/Share(Rs) 743.82 838.82 913.63
Core EBITDA Margin(%) 6.21 4.75 4.22
EBIT Margin(%) 5.45 4.36 3.75
Pre Tax Margin(%) 5.34 4.26 3.62
PAT Margin (%) 3.97 3.16 2.69
Cash Profit Margin (%) 5.31 4.27 3.63
ROA(%) 11.29 5.16 4.11
ROE(%) 27.73 14.12 10.97
ROCE(%) 38.09 19.39 15.23
Receivable days 36.42 60.99 62.8
Inventory Days 32.35 60.06 66.37
Payable days 63.5 113.83 115.24
PER(x) 25.65 40.05 33.13
Price/Book(x) 4.49 5.28 3.52
Dividend Yield(%) 0.45 0.45 0.78
EV/Net Sales(x) 1 1.24 0.87
EV/Core EBITDA(x) 14.31 22.74 17.98
Net Sales Growth(%) 746.19 7.36 1.11
EBIT Growth(%) 408.47 -13.75 -13.1
PAT Growth(%) 486.31 -14.1 -13.98
EPS Growth(%) 452.18 -14.95 -12.31
Debt/Equity(x) 0 0.01 0
Current Ratio(x) 1.56 1.54 1.66
Quick Ratio(x) 1.04 0.93 1.01
Interest Cover(x) 49.86 43.45 30.35
Total Debt/Mcap(x) 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +1% — — —
Operating Profit CAGR -10% — — —
PAT CAGR -14% — — —
Share Price CAGR -26% +10% 0% +11%
ROE Average +11% +18% +18% +18%
ROCE Average +15% +24% +24% +24%

BASF India Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 73.33 %
FII 5.21 %
DII (MF + Insurance) 6.29 %
Public (retail) 15.17 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 73.3373.3373.3373.3373.3373.3373.3373.3373.3373.33
FII 4.124.364.444.244.34.214.144.125.345.21
DII 6.665.976.286.246.36.326.436.426.296.29
Public 15.8816.3415.9516.1916.0716.1416.116.1215.0415.17
Others 0000000000
Total 100100100100100100100100100100

BASF India Peer Comparison

Chemicals Edit Columns

BASF India Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

BASF India Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Debtor days have increased from 113.83 to 115.24days.
  • Stock is trading at 3.4 times its book value.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp