BASF India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 27, 2025, 1:13 am

Market Cap	19,586 Cr.
Current Price	4,525
High / Low	8,750/3,712
Stock P/E	32.4
Book Value	811
Dividend Yield	0.33 %
ROCE	25.0 %
ROE	19.0 %
Face Value	10.0
PEG Ratio	15.31

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for BASF India Ltd

Competitors of BASF India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujchem Distillers India Ltd	98.0 Cr.	275	541/74.9		390	0.00 %	1.38 %	2.17 %	1.00
Elantas Beck India Ltd	7,623 Cr.	9,616	14,980/8,150	54.6	1,094	0.08 %	23.0 %	17.4 %	10.0
Crestchem Ltd	64.6 Cr.	215	350/110	23.2	21.1	0.23 %	78.2 %	56.2 %	10.0
Chemiesynth (Vapi) Ltd	11.0 Cr.	35.8	34.1/0.00		37.5	0.00 %	1.00 %	3.38 %	10.0
Archit Organosys Ltd	81.2 Cr.	39.6	61.0/34.2	37.1	32.2	0.00 %	3.69 %	0.75 %	10.0
Industry Average	5,365.45 Cr	1,611.45		35.73	325.78	0.33%	15.91%	12.03%	7.41

All Competitor Stocks of BASF India Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	3,292	3,390	3,888	3,582	2,898	3,277	3,375	3,707	3,326	3,360	3,967	4,248	3,759
Expenses	3,114	3,174	3,577	3,394	2,843	3,143	3,177	3,473	3,114	3,114	3,654	4,047	3,588
Operating Profit	177	215	311	188	55	134	198	234	212	246	312	201	170
OPM %	5%	6%	8%	5%	2%	4%	6%	6%	6%	7%	8%	5%	5%
Other Income	19	11	3	10	12	27	9	16	27	25	36	18	19
Interest	4	4	5	4	3	2	8	2	3	3	5	3	4
Depreciation	42	44	45	45	46	47	47	47	49	48	47	45	48
Profit before tax	150	179	264	149	18	112	152	200	187	219	297	171	138
Tax %	26%	16%	26%	24%	41%	27%	26%	26%	25%	26%	26%	25%	25%
Net Profit	110	150	197	113	11	82	113	149	140	162	221	128	104
EPS in Rs	25.50	34.62	45.45	26.13	2.46	19.03	26.03	34.45	32.36	37.31	50.96	29.56	23.93

Last Updated: March 3, 2025, 5:19 pm

Below is a detailed analysis of the quarterly data for BASF India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 3,759.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,248.00 Cr. (Sep 2024) to 3,759.00 Cr., marking a decrease of 489.00 Cr..
For Expenses, as of Dec 2024, the value is 3,588.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,047.00 Cr. (Sep 2024) to 3,588.00 Cr., marking a decrease of 459.00 Cr..
For Operating Profit, as of Dec 2024, the value is 170.00 Cr.. The value appears to be declining and may need further review. It has decreased from 201.00 Cr. (Sep 2024) to 170.00 Cr., marking a decrease of 31.00 Cr..
For OPM %, as of Dec 2024, the value is 5.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 5.00%.
For Other Income, as of Dec 2024, the value is 19.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Sep 2024) to 19.00 Cr., marking an increase of 1.00 Cr..
For Interest, as of Dec 2024, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Sep 2024) to 4.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 48.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 45.00 Cr. (Sep 2024) to 48.00 Cr., marking an increase of 3.00 Cr..
For Profit before tax, as of Dec 2024, the value is 138.00 Cr.. The value appears to be declining and may need further review. It has decreased from 171.00 Cr. (Sep 2024) to 138.00 Cr., marking a decrease of 33.00 Cr..
For Tax %, as of Dec 2024, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 25.00%.
For Net Profit, as of Dec 2024, the value is 104.00 Cr.. The value appears to be declining and may need further review. It has decreased from 128.00 Cr. (Sep 2024) to 104.00 Cr., marking a decrease of 24.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 23.93. The value appears to be declining and may need further review. It has decreased from 29.56 (Sep 2024) to 23.93, marking a decrease of 5.63.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:06 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,941	4,430	4,706	4,749	5,073	5,583	6,026	7,595	9,558	13,100	13,645	13,767	15,333
Expenses	3,698	4,146	4,572	4,642	4,802	5,238	5,861	7,316	8,926	12,188	12,958	12,878	14,404
Operating Profit	242	284	133	107	271	346	165	279	633	911	687	890	930
OPM %	6%	6%	3%	2%	5%	6%	3%	4%	7%	7%	5%	6%	6%
Other Income	4	-3	39	173	27	182	139	-4	419	37	53	76	98
Interest	17	16	96	148	142	113	85	83	38	17	14	16	15
Depreciation	60	71	142	163	169	153	147	181	174	171	182	191	188
Profit before tax	169	194	-66	-30	-12	261	72	10	840	760	543	759	825
Tax %	33%	34%	2%	0%	13%	6%	-14%	-131%	34%	22%	26%	26%
Net Profit	114	128	-67	-30	-14	246	82	23	553	595	403	563	614
EPS in Rs	26.36	29.54	-15.46	-7.02	-3.26	56.95	18.88	5.28	127.67	137.42	93.08	130.15	141.76
Dividend Payout %	15%	14%	-26%	-14%	-31%	5%	26%	57%	8%	4%	9%	12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	12.28%	-152.34%	55.22%	53.33%	1857.14%	-66.67%	-71.95%	2304.35%	7.59%	-32.27%	39.70%
Change in YoY Net Profit Growth (%)	0.00%	-164.62%	207.57%	-1.89%	1803.81%	-1923.81%	-5.28%	2376.30%	-2296.75%	-39.86%	71.97%

BASF India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	12%
5 Years:	18%
3 Years:	13%
TTM:	12%

Compounded Profit Growth
10 Years:	15%
5 Years:	80%
3 Years:	25%
TTM:	28%

Stock Price CAGR
10 Years:	15%
5 Years:	34%
3 Years:	19%
1 Year:	20%

Return on Equity
10 Years:	10%
5 Years:	18%
3 Years:	20%
Last Year:	19%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:37 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	43	43	43	43	43	43	43	43	43	43	43	43	43
Reserves	1,099	1,207	1,119	1,073	1,059	1,301	1,370	1,201	1,743	2,293	2,658	3,180	3,465
Borrowings	370	1,067	1,600	1,349	1,275	868	912	822	286	122	106	156	177
Other Liabilities	1,293	1,717	1,406	1,311	1,498	1,635	1,524	2,764	3,072	3,652	3,758	3,853	4,490
Total Liabilities	2,806	4,034	4,168	3,777	3,875	3,846	3,849	4,830	5,144	6,110	6,565	7,233	8,176
Fixed Assets	435	526	1,351	1,289	1,222	1,117	957	965	817	763	793	759	798
CWIP	319	792	74	55	33	27	42	23	53	100	19	61	51
Investments	0	0	0	0	0	0	0	0	0	0	0	0	2
Other Assets	2,051	2,716	2,743	2,433	2,619	2,702	2,850	3,842	4,274	5,247	5,753	6,413	7,325
Total Assets	2,806	4,034	4,168	3,777	3,875	3,846	3,849	4,830	5,144	6,110	6,565	7,233	8,176

Below is a detailed analysis of the balance sheet data for BASF India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹43.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 43.00 Cr..
For Reserves, as of Sep 2024, the value is ₹3,465.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,180.00 Cr. (Mar 2024) to ₹3,465.00 Cr., marking an increase of 285.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹177.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 156.00 Cr. (Mar 2024) to ₹177.00 Cr., marking an increase of 21.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹4,490.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,853.00 Cr. (Mar 2024) to ₹4,490.00 Cr., marking an increase of 637.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹8,176.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,233.00 Cr. (Mar 2024) to ₹8,176.00 Cr., marking an increase of 943.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹798.00 Cr.. The value appears strong and on an upward trend. It has increased from 759.00 Cr. (Mar 2024) to ₹798.00 Cr., marking an increase of 39.00 Cr..
For CWIP, as of Sep 2024, the value is ₹51.00 Cr.. The value appears to be declining and may need further review. It has decreased from 61.00 Cr. (Mar 2024) to ₹51.00 Cr., marking a decrease of 10.00 Cr..
For Investments, as of Sep 2024, the value is ₹2.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to ₹2.00 Cr., marking an increase of 2.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹7,325.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,413.00 Cr. (Mar 2024) to ₹7,325.00 Cr., marking an increase of 912.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹8,176.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,233.00 Cr. (Mar 2024) to ₹8,176.00 Cr., marking an increase of 943.00 Cr..

Notably, the Reserves (3,465.00 Cr.) exceed the Borrowings (177.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	233	8	-96	199	221	290	-77	572	483	330	531	807
Cash from Investing Activity +	-383	-597	-163	199	-66	158	177	-21	182	-120	-199	-450
Cash from Financing Activity +	132	588	372	-425	-133	-465	-95	-464	-592	-257	-91	-102
Net Cash Flow	-18	-0	113	-27	22	-16	5	87	73	-47	241	255

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-128.00	283.00	132.00	106.00	270.00	-522.00	-747.00	-543.00	347.00	789.00	581.00	734.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	63	71	72	80	77	71	63	68	79	73	63	67
Inventory Days	119	136	106	85	93	94	99	93	73	66	71	68
Days Payable	125	138	98	117	120	117	103	133	126	112	108	114
Cash Conversion Cycle	57	69	80	49	50	48	59	28	25	26	26	21
Working Capital Days	53	75	94	76	62	40	67	28	28	35	38	45
ROCE %	13%	12%	0%	-2%	5%	9%	1%	6%	23%	34%	20%	25%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%	73.33%
FIIs	2.22%	1.88%	2.34%	2.71%	2.78%	2.83%	2.93%	3.02%	3.18%	3.81%	4.12%	4.35%
DIIs	6.63%	6.90%	6.86%	6.45%	6.20%	6.11%	6.35%	6.58%	6.77%	6.63%	6.67%	5.97%
Public	17.82%	17.89%	17.46%	17.50%	17.69%	17.72%	17.37%	17.07%	16.72%	16.21%	15.87%	16.34%
No. of Shareholders	52,512	54,473	54,329	55,447	54,521	55,430	54,683	53,883	52,119	51,068	48,219	50,412

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Tata Small Cap Fund	763,051	4	251.76	763,051	2025-04-22 17:25:40	0%
Tata Hybrid Equity Fund - Regular Plan	310,000	2.77	102.28	310,000	2025-04-22 17:25:40	0%
Tata Large & Mid Cap Fund - Regular Plan	250,942	1.25	82.8	250,942	2025-04-22 17:25:40	0%
Tata Large & Mid Cap Fund - Regular Plan	250,942	1.25	82.8	250,942	2025-04-22 17:25:40	0%
ICICI Prudential Smallcap Fund	112,260	0.5	37.04	112,260	2025-04-22 17:25:40	0%
ICICI Prudential Manufacturing Fund	29,437	0.32	9.71	29,437	2025-04-22 17:25:40	0%
Motilal Oswal Nifty Microcap 250 Index Fund	15,949	0.61	5.26	15,949	2025-04-22 17:25:40	0%
ICICI Prudential S&P BSE 500 ETF	145	0.02	0.05	145	2025-04-22 17:25:40	0%
Groww Nifty Total Market Index Fund	69	0.02	0.02	69	2025-04-22 17:25:40	0%
HDFC S&P BSE 500 Index Fund	40	0.02	0.01	40	2025-04-22 17:25:40	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	130.10	93.10	137.40	127.70	4.30
Diluted EPS (Rs.)	130.10	93.10	137.40	127.70	4.30
Cash EPS (Rs.)	174.30	135.13	176.81	167.83	45.87
Book Value[Excl.RevalReserv]/Share (Rs.)	744.65	623.97	539.63	412.60	320.17
Book Value[Incl.RevalReserv]/Share (Rs.)	744.65	623.97	539.63	412.60	320.17
Dividend / Share (Rs.)	15.00	8.00	6.00	10.00	3.00
Revenue From Operations / Share (Rs.)	3180.29	3151.95	3026.04	2207.98	1744.29
PBDIT / Share (Rs.)	223.07	167.26	216.08	150.00	69.43
PBIT / Share (Rs.)	178.91	125.20	176.68	109.83	27.84
PBT / Share (Rs.)	175.32	125.53	175.54	194.03	1.07
Net Profit / Share (Rs.)	130.13	93.07	137.41	127.65	4.28
PBDIT Margin (%)	7.01	5.30	7.14	6.79	3.98
PBIT Margin (%)	5.62	3.97	5.83	4.97	1.59
PBT Margin (%)	5.51	3.98	5.80	8.78	0.06
Net Profit Margin (%)	4.09	2.95	4.54	5.78	0.24
Return on Networth / Equity (%)	17.47	14.91	25.46	30.93	1.33
Return on Capital Employeed (%)	22.73	18.99	30.89	24.40	7.00
Return On Assets (%)	7.78	6.13	9.73	10.74	0.40
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.10
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.34
Asset Turnover Ratio (%)	2.00	2.15	2.33	1.96	1.79
Current Ratio (X)	1.59	1.47	1.37	1.27	1.17
Quick Ratio (X)	1.04	0.87	0.83	0.78	0.64
Inventory Turnover Ratio (X)	2.09	2.27	2.23	1.81	1.95
Dividend Payout Ratio (NP) (%)	6.14	6.44	7.27	2.35	116.90
Dividend Payout Ratio (CP) (%)	4.58	4.43	5.65	1.78	10.89
Earning Retention Ratio (%)	93.86	93.56	92.73	97.65	-16.90
Cash Earning Retention Ratio (%)	95.42	95.57	94.35	98.22	89.11
Interest Coverage Ratio (X)	62.18	52.05	53.54	17.28	3.60
Interest Coverage Ratio (Post Tax) (X)	37.27	28.86	34.33	5.01	1.61
Enterprise Value (Cr.)	13821.16	9498.38	13225.93	8803.28	5267.82
EV / Net Operating Revenue (X)	1.00	0.69	1.01	0.92	0.69
EV / EBITDA (X)	14.31	13.12	14.14	13.56	17.53
MarketCap / Net Operating Revenue (X)	1.05	0.72	1.02	0.93	0.64
Retention Ratios (%)	93.85	93.55	92.72	97.64	-16.90
Price / BV (X)	4.48	3.65	5.72	5.03	3.51
Price / Net Operating Revenue (X)	1.05	0.72	1.02	0.93	0.64
EarningsYield	0.03	0.04	0.04	0.06	0.00

After reviewing the key financial ratios for BASF India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 130.10. This value is within the healthy range. It has increased from 93.10 (Mar 23) to 130.10, marking an increase of 37.00.
For Diluted EPS (Rs.), as of Mar 24, the value is 130.10. This value is within the healthy range. It has increased from 93.10 (Mar 23) to 130.10, marking an increase of 37.00.
For Cash EPS (Rs.), as of Mar 24, the value is 174.30. This value is within the healthy range. It has increased from 135.13 (Mar 23) to 174.30, marking an increase of 39.17.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 744.65. It has increased from 623.97 (Mar 23) to 744.65, marking an increase of 120.68.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 744.65. It has increased from 623.97 (Mar 23) to 744.65, marking an increase of 120.68.
For Dividend / Share (Rs.), as of Mar 24, the value is 15.00. This value exceeds the healthy maximum of 3. It has increased from 8.00 (Mar 23) to 15.00, marking an increase of 7.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 3,180.29. It has increased from 3,151.95 (Mar 23) to 3,180.29, marking an increase of 28.34.
For PBDIT / Share (Rs.), as of Mar 24, the value is 223.07. This value is within the healthy range. It has increased from 167.26 (Mar 23) to 223.07, marking an increase of 55.81.
For PBIT / Share (Rs.), as of Mar 24, the value is 178.91. This value is within the healthy range. It has increased from 125.20 (Mar 23) to 178.91, marking an increase of 53.71.
For PBT / Share (Rs.), as of Mar 24, the value is 175.32. This value is within the healthy range. It has increased from 125.53 (Mar 23) to 175.32, marking an increase of 49.79.
For Net Profit / Share (Rs.), as of Mar 24, the value is 130.13. This value is within the healthy range. It has increased from 93.07 (Mar 23) to 130.13, marking an increase of 37.06.
For PBDIT Margin (%), as of Mar 24, the value is 7.01. This value is below the healthy minimum of 10. It has increased from 5.30 (Mar 23) to 7.01, marking an increase of 1.71.
For PBIT Margin (%), as of Mar 24, the value is 5.62. This value is below the healthy minimum of 10. It has increased from 3.97 (Mar 23) to 5.62, marking an increase of 1.65.
For PBT Margin (%), as of Mar 24, the value is 5.51. This value is below the healthy minimum of 10. It has increased from 3.98 (Mar 23) to 5.51, marking an increase of 1.53.
For Net Profit Margin (%), as of Mar 24, the value is 4.09. This value is below the healthy minimum of 5. It has increased from 2.95 (Mar 23) to 4.09, marking an increase of 1.14.
For Return on Networth / Equity (%), as of Mar 24, the value is 17.47. This value is within the healthy range. It has increased from 14.91 (Mar 23) to 17.47, marking an increase of 2.56.
For Return on Capital Employeed (%), as of Mar 24, the value is 22.73. This value is within the healthy range. It has increased from 18.99 (Mar 23) to 22.73, marking an increase of 3.74.
For Return On Assets (%), as of Mar 24, the value is 7.78. This value is within the healthy range. It has increased from 6.13 (Mar 23) to 7.78, marking an increase of 1.65.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 2.00. It has decreased from 2.15 (Mar 23) to 2.00, marking a decrease of 0.15.
For Current Ratio (X), as of Mar 24, the value is 1.59. This value is within the healthy range. It has increased from 1.47 (Mar 23) to 1.59, marking an increase of 0.12.
For Quick Ratio (X), as of Mar 24, the value is 1.04. This value is within the healthy range. It has increased from 0.87 (Mar 23) to 1.04, marking an increase of 0.17.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.09. This value is below the healthy minimum of 4. It has decreased from 2.27 (Mar 23) to 2.09, marking a decrease of 0.18.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 6.14. This value is below the healthy minimum of 20. It has decreased from 6.44 (Mar 23) to 6.14, marking a decrease of 0.30.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 4.58. This value is below the healthy minimum of 20. It has increased from 4.43 (Mar 23) to 4.58, marking an increase of 0.15.
For Earning Retention Ratio (%), as of Mar 24, the value is 93.86. This value exceeds the healthy maximum of 70. It has increased from 93.56 (Mar 23) to 93.86, marking an increase of 0.30.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 95.42. This value exceeds the healthy maximum of 70. It has decreased from 95.57 (Mar 23) to 95.42, marking a decrease of 0.15.
For Interest Coverage Ratio (X), as of Mar 24, the value is 62.18. This value is within the healthy range. It has increased from 52.05 (Mar 23) to 62.18, marking an increase of 10.13.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 37.27. This value is within the healthy range. It has increased from 28.86 (Mar 23) to 37.27, marking an increase of 8.41.
For Enterprise Value (Cr.), as of Mar 24, the value is 13,821.16. It has increased from 9,498.38 (Mar 23) to 13,821.16, marking an increase of 4,322.78.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.00. This value is within the healthy range. It has increased from 0.69 (Mar 23) to 1.00, marking an increase of 0.31.
For EV / EBITDA (X), as of Mar 24, the value is 14.31. This value is within the healthy range. It has increased from 13.12 (Mar 23) to 14.31, marking an increase of 1.19.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.05. This value is within the healthy range. It has increased from 0.72 (Mar 23) to 1.05, marking an increase of 0.33.
For Retention Ratios (%), as of Mar 24, the value is 93.85. This value exceeds the healthy maximum of 70. It has increased from 93.55 (Mar 23) to 93.85, marking an increase of 0.30.
For Price / BV (X), as of Mar 24, the value is 4.48. This value exceeds the healthy maximum of 3. It has increased from 3.65 (Mar 23) to 4.48, marking an increase of 0.83.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.05. This value is within the healthy range. It has increased from 0.72 (Mar 23) to 1.05, marking an increase of 0.33.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.03, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BASF India Ltd as of April 28, 2025 is: 4,007.19

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 28, 2025, BASF India Ltd is Overvalued by 11.44% compared to the current share price 4,525.00

Intrinsic Value of BASF India Ltd as of April 28, 2025 is: 4,091.97

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 28, 2025, BASF India Ltd is Overvalued by 9.57% compared to the current share price 4,525.00

Last 5 Year EPS CAGR: 2.12%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (1,751.38 cr) compared to borrowings (700.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (7.77 cr) and profit (332.69 cr) over the years.	The stock has a low average ROCE of 12.17%, which may not be favorable. The stock has a high average Working Capital Days of 53.42, which may not be favorable. The stock has a high average Cash Conversion Cycle of 44.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in BASF India Ltd:
1. Net Profit Margin: 4.09%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 22.73% (Industry Average ROCE: 15.91%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 17.47% (Industry Average ROE: 12.03%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 37.27
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.04
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 32.4 (Industry average Stock P/E: 35.73)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

BASF India Ltd. is a Public Limited Listed company incorporated on 13/05/1943 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L33112MH1943FLC003972 and registration number is 003972. Currently Company is involved in the business activities of Manufacture of plastic in primary forms (includes amino-resins, polyurethanes etc.). Company's Total Operating Revenue is Rs. 13767.48 Cr. and Equity Capital is Rs. 43.29 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Chemicals - Organic - Others	The Capital, �A� Wing, 1204-C 12th Floor, Plot No. C-70, Mumbai Maharashtra 400051	investor-grievance-india@basf.com http://www.basf.com/in

Management
Name	Position Held
Mr. Pradip P Shah	Chairman
Mr. Alexander Gerding	Managing Director
Mr. Anil Choudhary	Whole Time Director
Dr. Ramkumar Dhruva	Director
Mrs. Shyamala Gopinath	Director
Mr. Marcelo Rocha Lu	Director
Mr. Bahram Vakil	Director
Ms. Sonia Singh	Director
Mr. Narendranath J Baliga	Alternate Director

FAQ

What is the intrinsic value of BASF India Ltd?

BASF India Ltd's intrinsic value (as of 28 April 2025) is ₹4007.19 — 11.44% lower the current market price of 4,525.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 19,586 Cr. market cap, FY2025-2026 high/low of ₹8,750/3,712, reserves of 3,465 Cr, and liabilities of 8,176 Cr.

What is the Market Cap of BASF India Ltd?

The Market Cap of BASF India Ltd is 19,586 Cr..

What is the current Stock Price of BASF India Ltd as on 28 April 2025?

The current stock price of BASF India Ltd as on 28 April 2025 is 4,525.

What is the High / Low of BASF India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of BASF India Ltd stocks is ₹8,750/3,712.

What is the Stock P/E of BASF India Ltd?

The Stock P/E of BASF India Ltd is 32.4.

What is the Book Value of BASF India Ltd?

The Book Value of BASF India Ltd is 811.

What is the Dividend Yield of BASF India Ltd?

The Dividend Yield of BASF India Ltd is 0.33 %.

What is the ROCE of BASF India Ltd?

The ROCE of BASF India Ltd is 25.0 %.

What is the ROE of BASF India Ltd?

The ROE of BASF India Ltd is 19.0 %.

What is the Face Value of BASF India Ltd?

The Face Value of BASF India Ltd is 10.0.