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HomeSHARE MARKET52 Week Low Stock; Buy Fast, Share Will Double; Company Announced Special...

52 Week Low Stock; Buy Fast, Share Will Double; Company Announced Special Dividend

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Sumitomo Chemical India Ltd (NSE: SUMICHEM): Sumitomo Chemical India Limited, one of the leading companies in the fields of pesticides and agrochemicals produces products that protect crops fumigation of grains rodent control, biopesticides environmental health professional pest control as well as feed additives.

Sumitomo Chemical India manufactures, imports, and sells pesticides, agrichemicals, and other products. 

It exports its goods to Africa and a variety of other international markets, as well as the use of its products in India. Sumitomo Chemical India is almost a debt-free business.

Share of Sumitomo Chemical India is trading at its 52-week lowest. On Wednesday, the shares was trading for Rs 379.20.

Sumitomo Chemical India Dividend

The Board of Directors has declared an interim dividend in the shape of a cash dividend of Rs 5 per equity share on 499,145736 equity shares with the worth of 10 per share for the 2023-24 timeframe during the year of financials that will be paid on February 20. 

The payment will happen at or after 2024. In February, the company is entering its twenty-fifth year of existence. 

To mark the occasion of the company’s silver jubilee year Board has decided to declare an interim dividend in the shape of a special one-time dividend.

Sumitomo Chemical India said in an exchange announcement in a stock exchange filing that the dividend announced from the firm is a single special dividend. 

Interim dividends will be paid to members whose names are listed in the members’ register of the company as of the date of record that is specified. The record date is February 14, 2024.

Sumitomo Chemical India On a financial consolidation basis, the company announced net sales of 542.0 crore in the period ending Dec 31, 2023. 

This was which is down 28 percent from 753.0 crore the previous quarter.

About Sumitomo Chemical India Ltd

Sumitomo Chemical India Limited is an Indian-based business. It is among the most prominent players in the industry that offers a broad range of formulation and technical products, as well as backward integration for certain products. 

The segments of the company are agrochemicals, animal nutrition, and the environmental health business. 

The products of the Company include crop protection, rodent control, crop fumigation, insecticides for public health, biopesticides, specialist pest control services, agriculture pesticides, nutritional health products, food additives, household insecticides, as well as nutritional products for animals. 

The total revenue of the company is 3510.97 crores, and its equity capital is 499.15 crores.

Fundamental Analysis of Sumitomo Chemical India Ltd

Market Cap₹ 18,795 Cr.
Current Price₹ 379.20
52-wk High₹ 482
52-wk Low₹ 370
Stock P/E57
Book Value₹ 50.6
Dividend0.32 %
ROCE30.2 %
ROE23.4 %
Face Value₹ 10.0
P/B Value7.40
OPM14.7 %
EPS₹ 6.67
Debt₹ 29.1 Cr.
Debt to Equity0.01

Sumitomo Chemical India Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹380₹430
2025₹444₹487
2026₹500₹565
2027₹578₹600
2028₹634₹687
2029₹700₹720
2030₹734₹750
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Sumitomo Chemical India Ltd Shareholding Pattern

Promoters Holding
Dec 202275.00%
Mar 202375.00%
June 202375.00%
Sept 202375.00%
Dec 202375.00%
FII Holding
Dec 20222.44%
Mar 20232.40%
June 20232.51%
Sept 20232.58%
Dec 20232.61%
DII Holding
Dec 20225.52%
Mar 20235.50%
June 20235.50%
Sept 20236.06%
Dec 20236.02%
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Public Holding
Dec 202217.02%
Mar 202317.09%
June 202316.96%
Sept 202316.33%
Dec 202316.35%

Sumitomo Chemical India Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,223 Cr
2020₹ 2,423 Cr
2021₹ 2,643 Cr
2022₹ 3,060 Cr
2023₹ 2,820 Cr

Last 5 Years’ Net Profit:

2019₹ 167 Cr
2020₹ 206 Cr
2021₹ 345 Cr
2022₹ 434 Cr
2023₹ 333 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.02
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:44%
5 Years:28%
3 Years:31%
Current Year:-34%

Last 10 years’ Return on Equity (ROE):

10 Years:22%
5 Years:23%
3 Years:24%
Last Year:23%

Sales Growth Over 10 Years:

10 Years:22%
5 Years:13%
3 Years:13%
Current Year:-20%

Conclusion

This article is a complete guide about Sumitomo Chemical India Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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