ARCHEAN CHEMICAL IND LIMITED (ACI): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹424.3 latest close · −21.4% over the last 90 sessions

₹424.3 month-end · −17.1% over 12 months

₹424.3 month-end · −27.5% over 3 years

₹424.3 month-end · −17.8% since Nov '22

52-week range ₹413.80 to ₹661.05 · 1-year volatility 33.8%

Was the rally earned?

1 year3 years

-17%share price, 1 yearEarnings-driven

Mostly earnings.

Per-share earnings took off 44 points, while the multiple moved less (P/E 40.1x to 54.1x).
The share count fell 3%.

Net profit growth-47 ptsNet profit fell about 40%, which lowers the price.

P/E change+27 ptsThe P/E rose from 40.1x to 54.1x, which lifts the price.

Share count change+3 ptsShare count fell 3%, which lifts the price.

-28%share price, 3 yearsEarnings-driven

Mostly earnings.

Per-share earnings took off 118 points, while the multiple moved less (P/E 18.8x to 54.1x).
The share count fell 3%.

Net profit growth-120 ptsNet profit fell about 75%, which lowers the price.

P/E change+90 ptsThe P/E rose from 18.8x to 54.1x, which lifts the price.

Share count change+2 ptsShare count fell 3%, which lifts the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with AETHER INDUSTRIES

How rough has the ride been?

Maximum drawdown-49.4%not yet recovered

1-year volatility33.8%annualised

Beta vs sector index0.683-year daily, correlation 0.31

Volume spikes9last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-49.4% (2024-02 peak to 2026-11 low, not yet recovered)

-25.9% (2023-02 peak to 2023-08 low, recovered 2024-02)

Most recent volume spikes

2026-10-16: 5.7x the 50-day median, price +1.5% that day

2026-09-01: 10.2x the 50-day median, price +1.5% that day

2026-08-25: 6.6x the 50-day median, price -3.2% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

54.0xP/E todayNear its historic high

Against its own history90th percentile

CheapestMedian 33.0xDearest

Usual range 19.8x to 54.5x since 2022-11.

Against Process Industries54.0x vs 18.1x

This company

54.0x

Sector median

18.1x

199% above the Process Industries median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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P/B (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE31st▼ 28 pts vs a year ago
Op. margin85th▼ 9 pts vs a year ago
Revenue growth22nd▲ 8 pts vs a year ago
EPS growth17th▼ 3 pts vs a year ago
Debt/equity ↓62nd▼ 11 pts vs a year ago
Cash cycle ↓1st▼ 74 pts vs a year ago
P/E ↓14th▼ 11 pts vs a year ago
12M momentum36th▼ 3 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~16%annual earnings growth implied by the price

At a P/E of 22.2x, the price would imply about 15.7%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹424.30
P/E: 54.1x
ROCE: 7.0%
Market Cap: ₹5241 cr
Revenue (TTM): ₹1116 cr
P/S: 4.7x
P/B: 2.7x
ROE: 5.0%
Operating Margin: 21.0%
Debt / Equity: 0.2x
Promoter Holding: 53.4%
12M Momentum: -17.2%

52-week range

₹413.80₹661.05

4% of the way from its 52-week low to its high

Price risk

1Y volatility

33.8%

Beta vs sector

1-year daily

0.42

Balance sheet & cash

Interest cover

operating profit ÷ interest

6.3x

Cash from profit, 3Y

operating cash flow ÷ net profit

1.19x

Share count, 1Y

unchanged

Are profits backed by cash?

4 of 7checks within range3 near a threshold

Other income reliance18%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 18.1%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate28%Within range

Median quarterly effective tax rate over about 2.5 years: 28.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.19xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.19x (cash from operations ₹695 cr, net profit ₹586 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow3 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (43 vs 43). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress13% of fixed assetsWithin range

Capital work-in-progress is 13% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+182 days / 2 yrsNear threshold

Days payable changed by +182 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 3 years, FIIs added 8.1 pts; DIIs trimmed 6.2 pts.
The number of shareholders fell from 73,821 to 67,113 (-9%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters53.6%53.4%-0.2 pts

FIIs2.9%11.0%+8.1 pts

DIIs30.4%24.2%-6.2 pts

Public and others13.1%11.4%-1.7 pts

Number of shareholders

67,113shareholders-9% since Sep '23

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−5.7%typical 12-month return vs the marketNot meaningfully different from the base rate

We found 50 past situations where a non-financial company looked like ARCHEAN CHEMICAL IND LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −32% to +18% vs the market, against −1% for all non-financial companies in the same months.
The gap against the base rate (−5.0%, 80% range −14.7% to +2.0%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge

Similar setups' median

−5.7%

All companies' median

−0.7%

Beat the market

44% vs 49%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
JAICORPLTD Process Industries	Mar 2021	45x	3%	+68%	−20%	+5%
ASHIANA Finance	Mar 2020	37x	4%	−57%	−62%	+47%
BORORENEW Process Industries	Dec 2022	86x	10%	−19%	−35%	−32%
SUNTECK Finance	Sep 2025	38x	6%	−29%	−30%	−34%
KKCL Consumer Non-Durables	Dec 2021	73x	6%	+40%	−16%	+112%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
FLUOROCHEM Process Industries	Jul 2024	86x	10%	+24%	−13%	+13%
AMBER Producer Manufacturing	Aug 2021	120x	9%	+67%	−19%	−27%
RADICO Consumer Non-Durables	Sep 2023	73x	12%	+15%	−17%	+17%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, P/E and drawdown from 12-month high. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to ARCHEAN CHEMICAL IND LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

BATA INDIABATAINDIA

Consumer Non-Durables

56%similar

operating marginP/E

PRINCE PIPES AND FITTINGSPRINCEPIPE

Producer Manufacturing

56%similar

ROCErevenue growth

BAJAJ HEALTHCAREBAJAJHCARE

Health Technology

55%similar

P/EEPS growth

INNOVA CAPTABINNOVACAP

Health Technology

55%similar

market cappromoter holding

SYNGENE INTERNATIONALSYNGENE

Commercial Services

52%similar

promoter holdingEPS growth

GUJARAT ALKALIS & CHEMICALS LTGUJALKALI

Process Industries

60%similar

EPS growthmarket cap

GUJARAT FLUOROCHEMICALSFLUOROCHEM

Process Industries

54%similar

EPS growthvolatility

JUBILANT INGREVIAJUBLINGREA

Process Industries

51%similar

debt/equityrevenue growth

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

28 events since Jun '23

2026
NovPriceFell 49% from the Feb 2024 peak to the Nov 2026 low.
OctPriceVolume reached 5.7x its 50-day median on 2026-10-16; price +1.5% that day.
SepPeer rankMoved into the top quartile of Process Industries on operating margin (from the 2nd quartile).
JulPriceVolume reached 11.5x its 50-day median on 2026-07-15; price +1.7% that day.
JunPeer rankSlipped to the 3rd quartile of Process Industries on ROCE (from the 2nd quartile).
JunPriceVolume reached 16.7x its 50-day median on 2026-06-09; price +5.8% that day.
MarValuationP/E crossed above the 90th percentile of its own history to date (49.5x).
2025
DecPeer rankMoved into the 3rd quartile of Process Industries on EPS growth (from the bottom quartile).

Show 20 earlier events

2025
AugPriceVolume reached 18.1x its 50-day median on 2025-08-13; price +6.5% that day.
JunPeer rankSlipped to the 2nd quartile of Process Industries on ROCE (from the top quartile).
MarPeer rankSlipped to the bottom quartile of Process Industries on EPS growth (from the 3rd quartile).
JanPriceVolume reached 39.7x its 50-day median on 2025-01-30; price +10.6% that day.
2024
DecValuationP/E crossed above the 90th percentile of its own history to date (37.6x).
OctPriceVolume reached 22.0x its 50-day median on 2024-10-28; price +9.2% that day.
JulPriceVolume reached 22.1x its 50-day median on 2024-07-02; price +6.9% that day.
JunResultsYear-on-year EPS growth turned negative.
JunPeer rankSlipped to the 3rd quartile of Process Industries on EPS growth (from the top quartile).
JunPriceVolume reached 35.1x its 50-day median on 2024-06-27; price -4.9% that day.
FebPriceRegained the 2023-02 peak, 6 months after the low.
FebPriceVolume reached 13.7x its 50-day median on 2024-02-19; price +8.9% that day.
2023
DecPriceVolume reached 17.9x its 50-day median on 2023-12-18; price -3.0% that day.
NovDebtDebt / equity halved over 12 months to 0.05x.
NovSharesShare count is up 31.6% over 12 months.
AugPriceFell 26% from the Feb 2023 peak to the Aug 2023 low.
AugPriceVolume reached 7.2x its 50-day median on 2023-08-28; price +9.4% that day.
JunDebtDebt / equity fell below 1.0x (0.05x).
JunDividendStarted paying a dividend (payout 8% of profit).
JunPriceVolume reached 17.2x its 50-day median on 2023-06-20; price -4.4% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history49 months · 2022-11 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	54.1x	₹1116 cr	5.0%	7.0%	0.2x
2026-10	56.3x	₹1116 cr	5.1%	7.0%	0.2x
2026-09	61.9x	₹1116 cr	5.1%	7.0%	0.2x
2026-08	56.3x	₹1081 cr	5.6%	7.0%	0.2x
2026-07	61.0x	₹1081 cr	5.6%	7.0%	0.2x
2026-06	60.6x	₹1081 cr	5.6%	7.0%	0.2x
2026-05	44.3x	₹1126 cr	8.1%	13.0%	0.1x
2026-04	51.2x	₹1126 cr	8.1%	13.0%	0.1x
2026-03	49.5x	₹1126 cr	8.1%	13.0%	0.1x
2026-02	41.6x	₹1113 cr	9.5%	13.0%	0.1x
2026-01	40.9x	₹1113 cr	9.5%	13.0%	0.1x
2025-12	40.2x	₹1113 cr	9.5%	13.0%	0.1x
2025-11	40.1x	₹1120 cr	8.7%	13.0%	0.1x
2025-10	51.8x	₹1120 cr	8.7%	13.0%	0.1x
2025-09	54.0x	₹1120 cr	8.7%	13.0%	0.1x
2025-08	49.9x	₹1041 cr	9.0%	13.0%	0.1x
2025-07	50.6x	₹1041 cr	9.0%	13.0%	0.1x
2025-06	48.1x	₹1041 cr	9.0%	13.0%	0.1x
2025-05	46.4x	₹979 cr	10.1%	25.0%	0.1x
2025-04	46.5x	₹979 cr	10.1%	25.0%	0.1x
2025-03	38.4x	₹979 cr	10.1%	25.0%	0.1x
2025-02	28.2x	₹1150 cr	13.4%	25.0%	0.1x
2025-01	32.9x	₹1150 cr	13.4%	25.0%	0.1x
2024-12	37.6x	₹1150 cr	13.4%	25.0%	0.1x
2024-11	32.5x	₹1200 cr	16.4%	25.0%	0.1x
2024-10	29.5x	₹1200 cr	16.4%	25.0%	0.1x
2024-09	33.0x	₹1200 cr	16.4%	25.0%	0.1x
2024-08	28.7x	₹1330 cr	19.3%	25.0%	0.1x
2024-07	29.9x	₹1330 cr	19.3%	25.0%	0.1x
2024-06	25.9x	₹1330 cr	19.3%	25.0%	0.1x
2024-05	20.0x	₹1441 cr	27.6%	45.0%	0.0x
2024-04	21.0x	₹1441 cr	27.6%	45.0%	0.0x
2024-03	21.5x	₹1441 cr	27.6%	45.0%	0.0x
2024-02	24.4x	₹1441 cr	27.6%	45.0%	0.0x
2024-01	20.4x	₹1441 cr	27.6%	45.0%	0.0x
2023-12	20.9x	₹1441 cr	27.6%	45.0%	0.0x
2023-11	18.8x	₹1441 cr	27.6%	45.0%	0.0x
2023-10	18.4x	₹1441 cr	27.6%	45.0%	0.0x
2023-09	18.9x	₹1441 cr	27.6%	45.0%	0.0x
2023-08	21.6x	₹1441 cr	27.6%	45.0%	0.0x
2023-07	16.7x	₹1441 cr	27.6%	45.0%	0.0x
2023-06	17.2x	₹1441 cr	27.6%	45.0%	0.0x
2023-05	27.9x	₹1130 cr	73.9%	—	3.4x
2023-04	28.2x	₹1130 cr	73.9%	—	3.4x
2023-03	33.3x	₹1130 cr	73.9%	—	3.4x
2023-02	32.2x	₹1130 cr	73.9%	—	3.4x
2023-01	33.3x	₹1130 cr	73.9%	—	3.4x
2022-12	26.9x	₹1130 cr	73.9%	—	3.4x
2022-11	26.4x	₹1130 cr	73.9%	—	3.4x

Methodology and data notes