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Last Updated: April 2, 2026, 4:29 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500120 | NSE: DIAMINESQ

Diamines & Chemicals Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹33.89Overvalued by 86.00%vs CMP ₹242.00

P/E (15.0) × ROE (1.8%) × BV (₹158.00) × DY (0.41%)

Defaults: P/E=15

₹101.82Overvalued by 57.93%vs CMP ₹242.00
MoS: -137.7% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹17.4819%Over (-92.8%)
Graham NumberEarnings₹99.5917%Over (-58.8%)
Earnings PowerEarnings₹137.5511%Over (-43.2%)
DCFCash Flow₹17.0414%Over (-93%)
Net Asset ValueAssets₹153.587%Over (-36.5%)
EV/EBITDAEnterprise₹79.369%Over (-67.2%)
Earnings YieldEarnings₹27.907%Over (-88.5%)
ROCE CapitalReturns₹396.119%Under (+63.7%)
Revenue MultipleRevenue₹106.676%Over (-55.9%)
Consensus (9 models)₹101.82100%Overvalued
Key Drivers: EPS CAGR -48.4% drags value — could be higher if earnings stabilize. | ROE 1.8% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -48.4% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

37
Diamines & Chemicals Ltd scores 37/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health58/100 · Moderate
ROCE 3.3% WeakROE 1.8% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 55.3% Stable
Earnings Quality30/100 · Weak
OPM contracting (42% → 15%) DecliningWorking capital: 185 days Capital intensive
Quarterly Momentum15/100 · Weak
Revenue (4Q): -43% YoY DecliningProfit (4Q): -345% YoY DecliningOPM: -37.4% (down 46.1% YoY) Margin pressure
Industry Rank25/100 · Weak
ROCE 3.3% vs industry 10.6% Below peersROE 1.8% vs industry 8.9% Below peers3Y sales CAGR: 3% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Diamines & Chemicals Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
50/100
Moderate
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 0.0 vs Ind 27.8 | ROCE 3.3% | ROE 1.8% | CFO/NP N/A
Balance Sheet Stress
20/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.00x | IntCov 0.0x | Current 9.60x | Borrow/Reserve 0.07x
Cash Flow Reliability
14/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹3 Cr | CFO/NP N/A
Ownership Accumulation
+25
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII 0.00 pp | DII 0.00 pp | Prom +0.13 pp
Business Momentum
0
Watch closely
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales -17.8% | Q NP +18.1% | Q OPM +4.4 pp
Derived FieldValueHow it is derived
Valuation Gap %-57.9%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.07xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change0.00 ppLatest FII% minus previous FII%
DII Change0.00 ppLatest DII% minus previous DII%
Promoter Change+0.13 ppLatest promoter% minus previous promoter%
Shareholder Count Change-209Latest shareholder count minus previous count
Quarterly Sales Change-17.8%Latest quarter sales vs previous quarter sales
Quarterly Profit Change+18.1%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change+4.4 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:29 am

Market Cap 243 Cr.
Current Price 242
Intrinsic Value₹101.82
High / Low 458/208
Stock P/E
Book Value 158
Dividend Yield0.41 %
ROCE3.33 %
ROE1.78 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Diamines & Chemicals Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Diamines & Chemicals Ltd 243 Cr. 242 458/208 1580.41 %3.33 %1.78 % 10.0
Tamil Nadu Petro Products Ltd 752 Cr. 83.6 130/65.36.98 1091.44 %6.97 %5.10 % 10.0
Andhra Sugars Ltd 991 Cr. 73.1 88.0/63.39.80 1211.09 %3.54 %2.51 % 2.00
Shree Pushkar Chemicals & Fertilizers Ltd 1,038 Cr. 321 477/22014.1 1790.62 %11.6 %11.4 % 10.0
S H Kelkar & Company Ltd (SHK) 1,707 Cr. 123 276/11218.4 96.10.81 %10.3 %7.70 % 10.0
Industry Average14,448.13 Cr1,113.7027.79204.330.49%10.57%8.89%7.60

All Competitor Stocks of Diamines & Chemicals Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 24.8735.6931.7019.9223.0329.3816.8419.1917.5117.9312.259.307.64
Expenses 12.7523.3222.1114.9318.3126.0018.2015.5815.9916.2416.2013.1910.50
Operating Profit 12.1212.379.594.994.723.38-1.363.611.521.69-3.95-3.89-2.86
OPM % 48.73%34.66%30.25%25.05%20.50%11.50%-8.08%18.81%8.68%9.43%-32.24%-41.83%-37.43%
Other Income 0.540.980.700.610.580.660.660.810.770.931.890.610.53
Interest 0.040.050.040.040.13-0.010.030.060.170.090.010.070.13
Depreciation 0.450.470.500.690.940.730.860.880.880.870.890.960.98
Profit before tax 12.1712.839.754.874.233.32-1.593.481.241.66-2.96-4.31-3.44
Tax % 26.54%25.33%28.21%23.61%30.50%33.43%6.92%27.30%34.68%20.48%-7.43%-5.57%-3.20%
Net Profit 8.939.577.013.412.802.25-1.752.460.751.26-2.81-4.15-3.40
EPS in Rs 9.139.787.173.492.862.30-1.792.510.771.29-2.87-4.24-3.48

Last Updated: March 3, 2026, 10:56 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 3:55 am

MetricMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 66.8657.4043.9439.0935.5862.8265.97110.34103.9771.4147.12
Expenses 56.5449.6438.1234.1631.1237.2043.9054.7281.2965.9556.13
Operating Profit 10.327.765.824.934.4625.6222.0755.6222.685.46-9.01
OPM % 15.44%13.52%13.25%12.61%12.54%40.78%33.45%50.41%21.81%7.65%-19.12%
Other Income 0.380.230.300.180.362.051.792.652.563.153.96
Interest 3.593.813.263.412.750.080.090.140.200.340.30
Depreciation 2.162.392.432.031.991.791.671.782.853.493.70
Profit before tax 4.951.790.43-0.330.0825.8022.1056.3522.194.78-9.05
Tax % 28.89%25.14%9.30%378.79%-212.50%18.64%24.34%25.64%28.39%38.08%
Net Profit 3.521.350.39-1.590.2520.9916.7141.9015.472.73-9.10
EPS in Rs 3.601.380.40-1.630.2621.4617.0842.8315.812.79-9.30
Dividend Payout % 27.78%3.62%0.00%0.00%0.00%23.30%17.56%7.00%15.80%35.82%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-61.65%-71.11%-507.69%115.72%-20.39%150.75%-63.08%-82.35%
Change in YoY Net Profit Growth (%)0.00%-9.46%-436.58%623.42%-136.11%171.14%-213.83%-19.27%

Diamines & Chemicals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2012-2013 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:6%
5 Years:%
3 Years:3%
TTM:-25%
Compounded Profit Growth
10 Years:14%
5 Years:%
3 Years:-45%
TTM:-75%
Stock Price CAGR
10 Years:28%
5 Years:-5%
3 Years:-8%
1 Year:-33%
Return on Equity
10 Years:%
5 Years:%
3 Years:15%
Last Year:2%

Last Updated: September 5, 2025, 3:16 pm

Balance Sheet

Last Updated: December 4, 2025, 2:45 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 9.789.789.789.789.789.789.789.789.789.789.78
Reserves 23.5724.2524.5422.7523.0075.2090.41124.74138.33151.47144.43
Borrowings 26.3419.5319.7520.1015.560.300.000.000.000.039.81
Other Liabilities 14.8512.9010.4710.058.649.5010.3616.5614.5616.8113.48
Total Liabilities 74.5466.4664.5462.6856.9894.78110.55151.08162.67178.09177.50
Fixed Assets 34.5133.2331.5129.3027.3322.4737.5540.0665.3863.7964.98
CWIP 1.131.511.171.171.200.151.8821.390.832.2613.14
Investments 0.100.100.100.100.085.9412.6713.3015.7616.0712.29
Other Assets 38.8031.6231.7632.1128.3766.2258.4576.3380.7095.9787.09
Total Assets 74.5466.4664.5462.6856.9894.78110.55151.08162.67178.09177.50

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -0.5316.012.732.497.1215.3727.2716.2821.90-5.02
Cash from Investing Activity + -4.50-5.430.860.510.08-14.93-21.49-8.66-18.8314.65
Cash from Financing Activity + 4.72-10.61-3.61-3.06-7.29-3.69-5.28-6.01-3.139.75
Net Cash Flow -0.31-0.03-0.02-0.06-0.09-3.250.501.61-0.0719.38
Free Cash Flow -5.3210.542.272.467.084.0614.54-7.0113.40-8.96
CFO/OP 16%212%50%54%161%85%152%56%125%-75%

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-16.02-11.77-13.93-15.17-11.1025.3222.0755.6222.685.43

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

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 56.5065.7567.0472.7475.7154.7955.4475.7258.6370.74
Inventory Days 177.56122.26184.13184.33155.05283.5943.30233.57135.42335.64
Days Payable 71.1258.5066.6752.3034.4664.9044.80104.9240.4993.05
Cash Conversion Cycle 162.95129.52184.50204.77196.31273.4753.93204.37153.56313.33
Working Capital Days -1.31-13.9310.8832.1225.54102.6139.6196.3994.37184.52
ROCE %9.89%6.86%5.77%5.61%23.96%48.22%15.78%3.33%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 54.64%54.64%54.64%54.64%54.87%54.87%54.87%54.87%55.17%55.21%55.21%55.34%
FIIs 0.11%0.00%0.00%0.00%0.04%0.00%0.00%0.00%0.02%0.00%0.00%0.00%
DIIs 0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.02%0.02%
Public 45.21%45.33%45.34%45.34%45.07%45.10%45.11%45.10%44.77%44.76%44.77%44.64%
No. of Shareholders 13,08314,37815,80916,09415,48115,17514,47814,00113,79413,64513,36313,154

Shareholding Pattern Chart

No. of Shareholders

Diamines & Chemicals Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 2.7916.2442.8417.0821.46
Diluted EPS (Rs.) 2.7916.2342.8017.0821.46
Cash EPS (Rs.) 6.5919.1544.6618.7923.29
Book Value[Excl.RevalReserv]/Share (Rs.) 164.82151.38137.51102.4186.87
Book Value[Incl.RevalReserv]/Share (Rs.) 164.82151.38137.51102.4186.87
Revenue From Operations / Share (Rs.) 73.05106.33113.0167.5764.21
PBDIT / Share (Rs.) 8.8025.7959.5724.3828.28
PBIT / Share (Rs.) 5.2322.8857.7522.6726.45
PBT / Share (Rs.) 4.8822.6857.6022.5926.38
Net Profit / Share (Rs.) 3.0216.2442.8417.0821.46
NP After MI And SOA / Share (Rs.) 2.7915.8142.8317.0821.46
PBDIT Margin (%) 12.0424.2552.7136.0744.04
PBIT Margin (%) 7.1621.5151.0933.5541.19
PBT Margin (%) 6.6821.3350.9633.4241.07
Net Profit Margin (%) 4.1315.2737.9025.2833.42
NP After MI And SOA Margin (%) 3.8214.8737.9025.2833.42
Return on Networth / Equity (%) 1.6910.4431.1416.6824.70
Return on Capital Employeed (%) 3.0814.6940.8121.3029.10
Return On Assets (%) 1.539.5127.7315.1122.15
Asset Turnover Ratio (%) 0.410.660.840.640.00
Current Ratio (X) 7.367.295.448.439.60
Quick Ratio (X) 4.765.614.118.077.46
Inventory Turnover Ratio (X) 2.922.173.482.580.00
Dividend Payout Ratio (NP) (%) 89.5718.9714.0029.2617.41
Dividend Payout Ratio (CP) (%) 39.3016.0113.4326.6116.05
Earning Retention Ratio (%) 10.4381.0386.0070.7482.59
Cash Earning Retention Ratio (%) 60.7083.9986.5773.3983.95
Interest Coverage Ratio (X) 25.34129.35402.75278.96366.92
Interest Coverage Ratio (Post Tax) (X) 9.6982.43290.61196.48279.45
Enterprise Value (Cr.) 265.36454.53366.00225.38226.11
EV / Net Operating Revenue (X) 3.714.373.313.413.60
EV / EBITDA (X) 30.8118.016.289.458.17
MarketCap / Net Operating Revenue (X) 4.294.733.554.024.11
Retention Ratios (%) 10.4281.0285.9970.7382.58
Price / BV (X) 1.903.322.922.653.04
Price / Net Operating Revenue (X) 4.294.733.554.024.11
EarningsYield 0.010.030.100.060.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Diamines & Chemicals Ltd. is a Public Limited Listed company incorporated on 12/05/1976 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L24110GJ1976PLC002905 and registration number is 002905. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company's Total Operating Revenue is Rs. 71.39 Cr. and Equity Capital is Rs. 9.78 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Chemicals - OthersPlot No. 13, PCC Area, Vadodra Gujarat 391350Contact not found
Management
NamePosition Held
Mr. Amit MehtaExecutive Chairman
Mr. Rajendra ChhabraProf.Director
Mr. Tanmay GodiawalaDirector
Mr. Dhruv MehtaIndependent Director
Mrs. Kejal PandyaIndependent Director
Mr. Priyam JhaveriIndependent Director

FAQ

What is the intrinsic value of Diamines & Chemicals Ltd and is it undervalued?

As of 05 April 2026, Diamines & Chemicals Ltd's intrinsic value is ₹101.82, which is 57.93% lower than the current market price of ₹242.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.78 %), book value (₹158), dividend yield (0.41 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Diamines & Chemicals Ltd?

Diamines & Chemicals Ltd is trading at ₹242.00 as of 05 April 2026, with a FY2026-2027 high of ₹458 and low of ₹208. The stock is currently near its 52-week low. Market cap stands at ₹243 Cr..

How does Diamines & Chemicals Ltd's P/E ratio compare to its industry?

Diamines & Chemicals Ltd has a P/E ratio of , which is below the industry average of 27.79. This is broadly in line with or below the industry average.

Is Diamines & Chemicals Ltd financially healthy?

Key indicators for Diamines & Chemicals Ltd: ROCE of 3.33 % is on the lower side compared to the industry average of 10.57%; ROE of 1.78 % is below ideal levels (industry average: 8.89%). Dividend yield is 0.41 %.

Is Diamines & Chemicals Ltd profitable and how is the profit trend?

Diamines & Chemicals Ltd reported a net profit of ₹3 Cr in Mar 2025 on revenue of ₹71 Cr. Compared to ₹17 Cr in Mar 2022, the net profit shows a declining trend.

Does Diamines & Chemicals Ltd pay dividends?

Diamines & Chemicals Ltd has a dividend yield of 0.41 % at the current price of ₹242.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Diamines & Chemicals Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE