A leading manufacturer of dyes, fertilisers, and chemicals has posted impressive quarterly results, showcasing strong financial performance. The latest Q3FY25 figures reveal remarkable year-over-year growth in both revenue and net profit, signalling robust market demand and operational efficiency.
Share Price Movement
The share price of Shree Pushkar Chemicals & Fertilisers Limited went up 7.5 percent to Rs. 299.55 per share on Wednesday, an increase from its previous close of Rs. 278.65 per share. The market capitalisation now stands at approximately Rs. 960.3 crore as of February 12, 2025.
Q3 Financial Highlights
In Q3FY25, the company reported revenue of Rs. 217 crore, reflecting a 24% YoY growth from Rs. 175 crore in Q3FY24 and a 23% QoQ increase from Rs. 176 crore in Q2FY25. Net profit surged to Rs. 16 crore in Q3FY25, marking a 100% YoY growth from Rs. 8 crore in Q3FY24 and a 23% QoQ rise from Rs. 13 crore in Q2FY25.
Recent Updates
The company has strong financials, with non-lien deposits (money that isn’t tied up in loans) growing to Rs. 146.19 crore, which provides greater flexibility for future investments. During the quarter, Rs. 16.41 crore was invested in capital projects across both divisions to expand capacity and improve operations.
Additionally, the merger of two wholly owned subsidiaries, Madhya Bharat Phosphate Private Limited and Kisan Phosphates Private Limited, is expected to create synergies and enhance overall performance.
Competitors
Shree Pushkar Chemicals & Fertilisers faces strong competition in the chemical and agro-based industry. Its top five competitors include Atul Ltd, Sudarshan Chemical, Kiri Industries, Vidhi Speciality Food Ingredients, and Jayant Agro Organics Ltd.
Shree Pushkar Chemicals & Fertilisers is currently trading at a P/E of 16.33, which is above the industry P/E of 24.54.
Market Outlook
India’s chemical and fertiliser industry is on track for remarkable growth, driven by rising demand from food processing, personal care, and home care sectors. The market is expected to reach $300 billion by 2030 and $1 trillion by 2040. Government support through PLI schemes and massive investments, such as the $12 billion Dahej PCPIR project, are fuelling expansion. With global firms reducing dependence on China, India’s speciality chemicals sector is well-positioned for export growth and increased domestic production.
Written By Fazal Ul Vahab C H
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