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CHEMBOND CHEMICALS LIMITED (CHEMBONDCH)

Process Industries

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector. Not the Divergence Radar's fundamental momentum, which ranks the one-year change instead. Not a recommendation.88 / 100
Profitability 76Balance sheet 100
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr. Not a recommendation.64 / 100
Price 62Earnings 43FII/DII 86

Passes these screens: Quality Compounder · High Momentum · Debt-light & profitable

Open in the live observatory →
Share Price
₹251.95
P/E
17.7x
ROCE
24.0%
Market Cap
₹672 cr
Revenue (TTM)
₹347 cr
P/S
1.9x
P/B
3.2x
ROE
18.3%
Operating Margin
13.1%
Debt / Equity
0.0x
Promoter Holding
68.0%
12M Momentum
58.1%

52-week range

₹104.85₹290.00
79% of the way from its 52-week low to its high

Price risk

1Y volatility
59.0%
Beta vs sector
1-year daily
1.25

Balance sheet & cash

Interest cover
operating profit ÷ interest
72.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.40x
low
Share count, 1Y
unchanged

Was the rally earned?

+58%share price, 1 yearEarnings and multiple

Both mattered.

  • Per-share earnings added 22 points and the multiple added 36 points (P/E 13.4x to 17.7x).
  • The share count barely moved.
1 year Net profit growth: +22 pts. Points of the price return explained by net profit growing (or shrinking).+22 ptsP/E change: +36 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+36 pts +58% 1 year Net profit growth: +22 pts. Points of the price return explained by net profit growing (or shrinking).+22 ptsP/E change: +36 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+36 pts +58%
Net profit growth+22 ptsNet profit rose about 19%, which lifts the price.
P/E change+36 ptsThe P/E rose from 13.4x to 17.7x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against 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 3 years and 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

What is the price implying?

~17%annual earnings growth implied by the price

At a P/E of 25.0x, the price would imply about 17.2%/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.
A large gap is not a signal to buy or sell.

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

What changed?

  1. Aug '26Volume reached 5.5x its 50-day median on 2026-08-12; price +5.0% that day.
  2. Jun '26Regained the 2025-08 peak, 3 months after the low.
  3. Jun '26Slipped to the 2nd quartile of Process Industries on operating margin (from the top quartile).
  4. May '26Volume reached 11.5x its 50-day median on 2026-05-05; price +14.8% that day.
  5. Mar '26Fell 51% from the 2025-08 peak to the 2026-03 low.
  6. Jan '26Volume reached 5.5x its 50-day median on 2026-01-22; price +15.4% that day.
  7. Dec '25Moved into the top quartile of Process Industries on operating margin (from the 2nd quartile).
  8. Oct '25Volume reached 9.1x its 50-day median on 2025-10-08; price -0.6% that day.
Show 2 earlier events
  1. Sep '25Slipped to the 2nd quartile of Process Industries on operating margin (from the top quartile).
  2. Sep '25Volume reached 10.1x its 50-day median on 2025-09-10; price +6.1% 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

Are profits backed by cash?

3 of 5 checks are within range, 1 near a threshold, 1 beyond a threshold.
Tap a check to see how it is measured.

Other income reliance8%Within range

Other income as a share of pre-tax profit (trailing twelve months): 8.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.2%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.40xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.40x (cash from operations ₹-38 cr, net profit ₹96 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow2 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history—Not enough data

Not enough reported data to compute this.

Capital work in progress0% of fixed assetsWithin range

Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days—Not enough data

Not enough reported data to compute this.

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?

  • Since Jun 2025, DIIs added 1.7 pts.
  • The number of shareholders fell from 12,871 to 10,732 (-17%) between Jun 2025 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupJun '25Jun '26Change
Promoters67.7%68.0%+0.3 pts
FIIs0.6%0.7%0.0 pts
DIIs1.0%2.6%+1.7 pts
Public and others30.8%28.7%-2.1 pts

Number of shareholders

10,732shareholders-17% since Jun '25
11k11k12k13k Jun '25Sep '25Dec '25Mar '26Jun '26
Jun '25: 12,871
Sep '25: 12,364
Dec '25: 11,777
Mar '26: 11,344
Jun '26: 10,732
11k11k12k13k Jun '25Dec '25Jun '26
Jun '25: 12,871
Sep '25: 12,364
Dec '25: 11,777
Mar '26: 11,344
Jun '26: 10,732

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

How rough has the ride been?

Maximum drawdown-51.1%recovered 2026-06
1-year volatility59.0%annualised
Volume spikes2last 90 sessions, 5x the 50-day median

Monthly share price

₹106₹156₹206₹257 Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
2025-07: ₹195.79
2025-08: ₹186.23
2025-09: ₹163.28
2025-10: ₹159.40
2025-11: ₹149.89
2025-12: ₹151.60
2026-01: ₹142.95
2026-02: ₹146.85
2026-03: ₹106.24
2026-04: ₹152.09
2026-05: ₹185.32
2026-06: ₹217.73
2026-07: ₹226.41
2026-08: ₹256.53
2026-09: ₹225.50
2026-10: ₹251.95
₹106₹156₹206₹257 Jul '25Dec '25May '26Oct '26
2025-07: ₹195.79
2025-08: ₹186.23
2025-09: ₹163.28
2025-10: ₹159.40
2025-11: ₹149.89
2025-12: ₹151.60
2026-01: ₹142.95
2026-02: ₹146.85
2026-03: ₹106.24
2026-04: ₹152.09
2026-05: ₹185.32
2026-06: ₹217.73
2026-07: ₹226.41
2026-08: ₹256.53
2026-09: ₹225.50
2026-10: ₹251.95

Last 90 trading days

₹171₹209₹246₹284 Jun 9Jul 6Jul 30Aug 25Sep 21Oct 15
2026-06-09: ₹170.70
2026-06-11: ₹174.05
2026-06-15: ₹171.54
2026-06-17: ₹188.80
2026-06-19: ₹204.23
2026-06-23: ₹225.16
2026-06-25: ₹225.60
2026-06-30: ₹217.73
2026-07-02: ₹225.80
2026-07-06: ₹240.09
2026-07-08: ₹237.10
2026-07-10: ₹243.13
2026-07-14: ₹267.20
2026-07-16: ₹254.26
2026-07-20: ₹253.62
2026-07-22: ₹257.68
2026-07-24: ₹247.44
2026-07-28: ₹230.78
2026-07-30: ₹218.61
2026-08-03: ₹225.43
2026-08-05: ₹228.51
2026-08-07: ₹237.42
2026-08-11: ₹261.75
2026-08-13: ₹272.32
2026-08-17: ₹263.69
2026-08-19: ₹269.78
2026-08-21: ₹284.38
2026-08-25: ₹267.41
2026-08-27: ₹269.84
2026-08-31: ₹256.53
2026-09-02: ₹261.40
2026-09-04: ₹254.45
2026-09-08: ₹259.95
2026-09-10: ₹249.75
2026-09-15: ₹264.75
2026-09-17: ₹274.00
2026-09-21: ₹261.50
2026-09-23: ₹259.50
2026-09-25: ₹254.95
2026-09-29: ₹230.30
2026-10-01: ₹215.81
2026-10-06: ₹222.94
2026-10-08: ₹219.31
2026-10-12: ₹247.47
2026-10-14: ₹243.00
2026-10-15: ₹251.95
₹171₹209₹246₹284 Jun 9Jul 22Sep 2Oct 15
2026-06-09: ₹170.70
2026-06-11: ₹174.05
2026-06-15: ₹171.54
2026-06-17: ₹188.80
2026-06-19: ₹204.23
2026-06-23: ₹225.16
2026-06-25: ₹225.60
2026-06-30: ₹217.73
2026-07-02: ₹225.80
2026-07-06: ₹240.09
2026-07-08: ₹237.10
2026-07-10: ₹243.13
2026-07-14: ₹267.20
2026-07-16: ₹254.26
2026-07-20: ₹253.62
2026-07-22: ₹257.68
2026-07-24: ₹247.44
2026-07-28: ₹230.78
2026-07-30: ₹218.61
2026-08-03: ₹225.43
2026-08-05: ₹228.51
2026-08-07: ₹237.42
2026-08-11: ₹261.75
2026-08-13: ₹272.32
2026-08-17: ₹263.69
2026-08-19: ₹269.78
2026-08-21: ₹284.38
2026-08-25: ₹267.41
2026-08-27: ₹269.84
2026-08-31: ₹256.53
2026-09-02: ₹261.40
2026-09-04: ₹254.45
2026-09-08: ₹259.95
2026-09-10: ₹249.75
2026-09-15: ₹264.75
2026-09-17: ₹274.00
2026-09-21: ₹261.50
2026-09-23: ₹259.50
2026-09-25: ₹254.95
2026-09-29: ₹230.30
2026-10-01: ₹215.81
2026-10-06: ₹222.94
2026-10-08: ₹219.31
2026-10-12: ₹247.47
2026-10-14: ₹243.00
2026-10-15: ₹251.95

Drawdown from peak

0% -24% -48% Jul '25Mar '26Oct '26 0% -24% -48% Jul '25Mar '26Oct '26
Largest drawdowns

-51.1% (2025-08 peak to 2026-03 low, recovered 2026-06)

-24.4% (2026-08 peak to 2026-10 low, not yet recovered)

-19.0% (2025-07 peak to 2025-08 low, recovered 2025-08)

Most recent volume spikes

2026-08-12: 5.5x the 50-day median, price +5.0% that day

2026-06-24: 5.2x the 50-day median, price -1.0% that day

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).

ROCE
Op. margin
Revenue growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Oct '26
Lower rank Higher rank

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

What else looks like this?

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

CompanySectorSimilarityClosest on
ECOS IND MOBandHOSPITALITY (ECOSMOBLTY)Consumer Services65%promoter holding, market cap
RAJOO ENGINEERS (RAJOOENG)Producer Manufacturing58%ROCE, revenue
INFOBEANS TECHNOLOGIES (INFOBEAN)Technology Services57%volatility, P/E
LIKHITHA INFRASTRUCTURE (LIKHITHA)Industrial Services57%debt/equity, revenue
DENTA WATER AND INFRA SOL (DENTA)Industrial Services53%market cap, revenue
AMINES & PLASTICIZERS (AMNPLST)Process Industries53%market cap, revenue
TPL PLASTECH (TPLPLASTEH)Process Industries51%P/E, ROCE
SHREE RAMA MULTI-TECH (SHREERAMA)Process Industries50%market cap, revenue

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

What happened next to similar setups

−0.5%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 CHEMBOND CHEMICALS 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 −24% to +38% vs the market, against −4% for all non-financial companies in the same months.
  • The gap against the base rate (+3.5%, 80% range −3.9% to +9.3%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
PDMJEPAPER · Dec 2024: −48.8% vs market
PRITI · Nov 2023: −45.9% vs market
MOREPENLAB · Oct 2024: −41.8% vs market
AMBIKCO · Mar 2022: −38.3% vs market
IFGLEXPOR · Jul 2021: −36.7% vs market
FIBERWEB · Nov 2024: −35.3% vs market
GMDCLTD · Nov 2023: −34.9% vs market
SRHHYPOLTD · Sep 2022: −34.3% vs market
EXPLEOSOL · Dec 2021: −32.7% vs market
INTENTECH · Sep 2025: −31.7% vs market
NDRAUTO · Aug 2025: −30.4% vs market
KITEX · Jun 2022: −29.5% vs market
DATAMATICS · Dec 2023: −24.7% vs market
CYBERTECH · Jul 2021: −23.6% vs market
SHARDACROP · Aug 2025: −23.2% vs market
INDOTECH · Oct 2024: −22.3% vs market
DLINKINDIA · Apr 2023: −21.4% vs market
PRIMESECU · Jun 2020: −16.5% vs market
WINDLAS · Feb 2025: −14.7% vs market
PPL · Jun 2021: −10.0% vs market
NUCLEUS · Jul 2023: −6.4% vs market
LINCOLN · Aug 2020: −5.3% vs market
INFOBEAN · Feb 2020: −4.4% vs market
MAZDA · Jan 2024: −3.5% vs market
LIKHITHA · Aug 2023: −1.3% vs market
MPSLTD · Sep 2023: +0.2% vs market
FORCEMOT · Jul 2025: +2.4% vs market
CHEMFAB · Mar 2024: +4.1% vs market
PREMIERPOL · Mar 2025: +5.1% vs market
GANDHITUBE · Feb 2023: +6.4% vs market
JGCHEM · Jun 2025: +7.4% vs market
HINDCON · Dec 2021: +14.0% vs market
BOROLTD · Jul 2022: +18.1% vs market
GOLDIAM · Aug 2024: +22.6% vs market
DPWIRES · Dec 2022: +25.7% vs market
KINGFA · Feb 2025: +31.1% vs market
VOLTAMP · Dec 2023: +32.8% vs market
KRISHANA · Jun 2020: +40.3% vs market
AVANTIFEED · May 2025: +42.5% vs market
GRWRHITECH · Jul 2024: +47.5% vs market
MARKSANS · Jun 2020: +64.1% vs market
INDRAMEDCO · May 2024: +70.7% vs market
BLS · Jan 2021: +73.3% vs market
STEELCAS · Sep 2025: +79.9% vs market
SAKSOFT · Dec 2020: +88.8% vs market
JAGSNPHARM · Jun 2021: +92.6% vs market
FCL · Jun 2021: +112.8% vs market
DENORA · Jul 2022: +119.7% vs market
MANALIPETC · Oct 2020: +142.5% vs market
JSLL · Jun 2023: +178.8% vs market
Similar setups −0.5%All companies −4.0%← worse than the marketbetter than the market →

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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
−0.5%
All companies' median
−4.0%
Beat the market
50% vs 46%

50 past situations · 50 companies · 37 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CHEMFAB
Process Industries
Mar 2024 14x28% +188%−6% +4%
JGCHEM
Process Industries
Jun 2025 25x20% +71%−12% +7%
SRHHYPOLTD
Process Industries
Sep 2022 13x26% +142%−12% −34%
DENORA
Electronic Technology
Jul 2022 24x28% +87%−18% +120%
WINDLAS
Health Technology
Feb 2025 26x18% +52%−33% −15%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
MAZDA
Producer Manufacturing
Jan 2024 23x21% +139%−2% −4%
FIBERWEB
Producer Manufacturing
Nov 2024 27x— +73%−11% −35%
LIKHITHA
Industrial Services
Aug 2023 20x37% +82%−4% −1%
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, drawdown from 12-month high and P/S. 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 CHEMBOND CHEMICALS 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. Nothing here is investment advice (see the note at the foot of this page).
Monthly history (16 months)
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1017.7x₹347 cr18.3%24.0%0.0x
2026-0915.9x₹347 cr18.4%24.0%0.0x
2026-0819.7x₹326 cr16.8%24.0%0.0x
2026-0717.4x₹326 cr16.8%24.0%0.0x
2026-0616.7x₹326 cr16.8%24.0%0.0x
2026-05—₹303 cr18.3%26.0%0.0x
2026-04—₹303 cr18.3%26.0%0.0x
2026-03—₹303 cr18.3%26.0%0.0x
2026-02—₹291 cr18.5%26.0%0.0x
2026-01—₹291 cr18.5%26.0%0.0x
2025-12—₹291 cr18.5%26.0%0.0x
2025-11—₹293 cr18.3%26.0%0.0x
2025-10—₹293 cr18.3%26.0%0.0x
2025-09—₹293 cr18.3%26.0%0.0x
2025-08—₹292 cr17.9%26.0%0.0x
2025-07—₹292 cr17.9%26.0%0.0x
Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

Descriptive statistics, not investment advice. The full note is at the foot of this page.