Sumitomo Chemical India Limited (SUMICHEM.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+113.1%

₹675.92

vs ₹317.25 price

Levered DCF

₹814.08

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

9.16

Safe zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	33.5×	54.57×	48.91×	42.36×	52.83×	42.01×	45.05×	60.45×
P/B	5.37×	9.51×	7.4×	8.93×	11.62×	9.41×	7.55×	9.56×
P/S	5.62×	8.76×	6.35×	6.06×	7.31×	5.49×	3.8×	4.5×
EV / EBITDA	22.62×	43.67×	38.03×	31.88×	37.19×	29.24×	27.12×	33.69×
Gross margin	31.5%	40.4%	36.9%	34.8%	37.1%	36.8%	32.8%	33.5%
Operating margin	18.7%	30.3%	26.6%	27.1%	29.1%	28.0%	23.5%	23.6%
Net margin	16.8%	16.1%	13.0%	14.3%	13.8%	13.1%	8.4%	7.4%
Current ratio	3.44×	3.13×	3.34×	2.99×	2.47×	2.14×	2.08×	1.99×
Debt / equity	0.02×	0.02×	0.01×	0.01×	0.02×	0.02×	0.03×	0.02×
Interest coverage	77.28×	144.49×	132.96×	153.59×	111.63×	106.99×	80.29×	141.55×
Dividend yield	0.3%	0.2%	1.7%	0.2%	0.2%	0.2%	0.3%	0.6%
Payout ratio	11.0%	8.7%	83.8%	9.9%	9.4%	8.0%	12.8%	35.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	16.0%	17.4%	15.1%	21.1%	22.0%	22.4%	16.8%	15.8%
Return on invested capital	12.8%	23.5%	22.0%	29.8%	32.7%	35.0%	34.1%	32.0%
Return on assets	12.1%	12.8%	11.2%	14.9%	14.1%	12.9%	9.7%	8.9%
Free cash flow yield	2.6%	1.8%	3.8%	1.3%	0.5%	2.6%	2.0%	0.4%
Earnings yield	3.0%	1.8%	2.0%	2.4%	1.9%	2.4%	2.2%	1.7%
Enterprise value	₹181.3B	₹276B	₹180.5B	₹212.6B	₹223.7B	₹143.3B	₹91.6B	₹99.9B
Net debt / EBITDA	-0.07×	0.02×	-0.03×	-0.02×	-0.03×	-0.37×	-0.17×	-0.1×
Cash conversion cycle (days)	182	144	129	163	185	155	154	162