Sharescart Research Club logo
Products
Research
Tools
About
Join Channel

SPIC

₹72.2 -2.3 | 3.1%

Last updated: 15:58

Consolidated Standalone

Last updated: 15:58

SPIC Overview

Southern Petrochemical Industries Corporation Ltd is engaged in manufacturing and selling of urea, a nitrogenous chemical fertilizer. It's segments are Petrochemicals, Agro inputs,and Others. The Agro inputs phase includes fertilizers. The Petrochemicals phase consists of Polyester Filament Yarn and Purified Terepthalic Acid. The Others phase consists of tissue lifestyle, seeds, chemical substances and power. The Company's geographical segments consist of Sales within India, which includes sales to clients located inside India, and Sales out of...Read More

Want to Start Investing in Top Unlisted Stocks?

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

SPIC Key Financials

Market Cap ₹1471 Cr.

Stock P/E 9.5

P/B 1.1

Current Price ₹72.2

Book Value ₹ 63.7

Face Value 10

52W High ₹128.1

Dividend Yield 2.77%

52W Low ₹ 71.8

Edit Ratio

SPIC Share Price

₹ | |

Volume
Price

SPIC Quarterly Price

Quarterly Monthly
Show Value Show %

SPIC Peer Comparison

SPIC Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 569 744 506 125 754 760 818 754 781 817
Other Income 2 4 13 8 2 2 5 5 18 26
Total Income 571 748 519 132 756 761 823 759 798 843
Total Expenditure 487 659 450 98 656 693 739 718 687 740
Operating Profit 84 89 69 34 100 68 85 42 111 102
Interest 5 8 13 21 12 11 21 12 12 7
Depreciation 10 10 9 9 9 10 9 9 10 14
Exceptional Income / Expenses 0 0 0 -49 0 0 0 0 0 0
Profit Before Tax 69 71 47 -44 79 48 55 21 89 81
Provision for Tax 26 27 19 -15 29 18 23 10 34 31
Profit After Tax 43 44 28 -29 51 31 32 10 55 50
Adjustments 8 9 5 5 12 4 7 9 12 11
Profit After Adjustments 51 53 33 -24 63 35 39 19 67 61
Adjusted Earnings Per Share 2.5 2.6 1.6 -1.2 3.1 1.7 1.9 1 3.3 3

SPIC Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2255 1957 1499 1994 2592 2079 1527 1875 2829 1944 3086 3170
Other Income 14 20 219 5 585 10 30 17 21 18 14 54
Total Income 2269 1977 1718 1999 3177 2090 1557 1892 2849 1962 3100 3223
Total Expenditure 2195 1918 1651 1883 3055 1966 1457 1699 2475 1694 2805 2884
Operating Profit 74 59 68 116 121 123 100 192 374 268 295 340
Interest 32 15 11 41 36 34 14 14 31 38 55 52
Depreciation 34 32 31 40 32 32 38 44 44 38 38 42
Exceptional Income / Expenses 0 19 29 2 0 0 0 0 0 -49 0 0
Profit Before Tax 8 31 63 50 66 70 77 174 321 170 235 246
Provision for Tax -3 0 5 4 3 3 3 10 21 57 79 98
Profit After Tax 12 31 57 45 63 67 74 163 301 113 156 147
Adjustments -1 0 0 0 0 0 0 0 0 0 0 39
Profit After Adjustments 10 31 57 45 63 67 74 163 301 113 156 186
Adjusted Earnings Per Share 0.5 1.5 2.8 2.2 3.1 3.3 3.6 8 14.8 5.6 7.6 9.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 59% 18% 8% 3%
Operating Profit CAGR 10% 15% 19% 15%
PAT CAGR 38% -1% 18% 29%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -8% -2% 25% 13%
ROE Average 14% 20% 21% 17%
ROCE Average 17% 20% 19% 15%

SPIC Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 258 289 299 344 371 435 516 694 986 1076 1199
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 1 34 163 129 0 0 37 101 24 142
Other Non-Current Liabilities 78 72 -9 -73 -75 -74 -72 -69 -126 -90 -55
Total Current Liabilities 1132 1327 890 938 1507 1628 1164 927 1113 622 1003
Total Liabilities 1470 1689 1214 1373 1931 1989 1608 1589 2075 1632 2289
Fixed Assets 344 320 261 245 231 352 524 681 656 651 619
Other Non-Current Assets 131 382 262 164 208 209 203 244 267 403 665
Total Current Assets 995 988 690 963 1492 1428 871 665 1152 578 1006
Total Assets 1470 1689 1214 1373 1931 1989 1608 1589 2075 1632 2289

SPIC Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 24 17 11 4 3 72 64 78 5 16 69
Cash Flow from Operating Activities 394 43 -348 330 67 136 361 -106 -11 227 -38
Cash Flow from Investing Activities -6 -13 -20 -40 -101 -151 -159 -156 -34 -175 -145
Cash Flow from Financing Activities -394 -18 360 -290 102 6 -188 189 57 0 163
Net Cash Inflow / Outflow -6 12 -8 -0 69 -8 14 -73 11 53 -20
Closing Cash & Cash Equivalent 17 29 4 3 72 64 78 5 16 69 49

SPIC Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.51 1.52 2.81 2.23 3.09 3.31 3.64 8.02 14.77 5.55 7.64
CEPS(Rs) 2.23 3.11 4.32 4.2 4.67 4.89 5.52 10.2 16.91 7.43 9.49
DPS(Rs) 0 0 0 0 0 0 0 0.5 1.5 1.5 2
Book NAV/Share(Rs) 11.18 12.7 14.7 16.91 18.21 21.35 25.33 34.08 48.3 52.71 58.76
Core EBITDA Margin(%) 2.64 1.96 -10.08 5.49 -17.57 5.35 4.52 9.19 12.32 12.64 9
EBIT Margin(%) 1.76 2.31 4.87 4.49 3.85 4.94 5.85 9.83 12.27 10.54 9.27
Pre Tax Margin(%) 0.37 1.57 4.17 2.46 2.5 3.32 4.94 9.09 11.19 8.62 7.51
PAT Margin (%) 0.51 1.57 3.81 2.25 2.39 3.2 4.75 8.55 10.47 5.73 4.97
Cash Profit Margin (%) 1.99 3.21 5.86 4.24 3.6 4.72 7.2 10.87 12 7.66 6.18
ROA(%) 0.76 1.96 3.94 3.51 3.81 3.44 4.12 10.22 16.41 6.1 7.94
ROE(%) 5.15 12.75 20.5 14.11 17.61 16.76 15.59 27.01 35.85 10.99 13.71
ROCE(%) 7.09 11.29 11.71 12.56 14.75 12.93 12.47 23.26 29.58 14.23 16.82
Receivable days 4.71 9.11 19.39 12.56 4.5 2.3 1.89 0.73 0.67 2.57 1.75
Inventory Days 28.61 23.06 40.37 37.79 26.06 27.92 56.83 76.35 42.56 29.19 10.24
Payable days 211.65 336.53 353.26 190.26 222.48 368.1 476.92 221.01 97.88 92.29 23.55
PER(x) 35.64 12.8 8.37 15.14 8.23 3.58 8.04 8.93 3.83 12.66 10.59
Price/Book(x) 1.62 1.53 1.6 2 1.4 0.56 1.15 2.1 1.17 1.33 1.38
Dividend Yield(%) 0 0 0 0 0 0 0 0.7 2.65 2.13 2.47
EV/Net Sales(x) 0.22 0.26 0.67 0.47 0.32 0.28 0.39 0.94 0.54 0.89 0.75
EV/Core EBITDA(x) 6.71 8.56 14.86 8.14 6.95 4.68 5.94 9.12 4.1 6.43 7.83
Net Sales Growth(%) 42.1 -13.24 -23.38 32.99 30.01 -19.78 -26.56 22.78 50.88 -31.28 58.77
EBIT Growth(%) -40.87 13.93 60.69 38.32 12.21 2.64 -12.58 106.05 87.44 -40.93 39.46
PAT Growth(%) -71.01 169.1 84.35 -8.13 38.73 7.13 9.77 120.51 84.1 -62.4 37.64
EPS Growth(%) -73.39 199.16 84.35 -20.6 38.74 7.13 9.77 120.51 84.1 -62.4 37.64
Debt/Equity(x) 0.57 0.48 1.79 0.76 1.08 0.94 0.2 0.43 0.41 0.43 0.6
Current Ratio(x) 0.88 0.74 0.78 1.03 0.99 0.88 0.75 0.72 1.03 0.93 1
Quick Ratio(x) 0.75 0.67 0.52 0.83 0.87 0.79 0.45 0.23 0.84 0.78 0.92
Interest Cover(x) 1.27 3.13 6.93 2.22 2.85 3.05 6.44 13.24 11.39 5.48 5.27
Total Debt/Mcap(x) 0.37 0.33 1.12 0.38 0.77 1.69 0.17 0.21 0.35 0.32 0.43

SPIC Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 48.98 48.98 48.98 48.98 48.98 48.98 48.98 48.98 48.98 48.98
FII 0.39 0.45 0.35 0.31 0.59 0.77 4.46 5.99 5.58 4.51
DII 1.92 1.54 1.54 1.56 1.08 1.08 0.28 0.27 0.14 0.16
Public 40.46 40.78 40.88 40.91 41.1 40.93 38.03 36.52 37.06 38.1
Others 8.25 8.25 8.25 8.25 8.25 8.24 8.24 8.24 8.24 8.24
Total 100 100 100 100 100 100 100 100 100 100

SPIC News

SPIC Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 20%
  • Debtor days have improved from 92.29 to 23.55days.

Cons

  • Promoter holding is low: 48.98%.

* The pros and cons are machine generated.

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares
whatsapp

Please Login!

Click to Login
OR
Get free Account

Error!