Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 16 Oct - BASF India received FY2026 ESG rating 74, category Leader, from NSE Sustainability Ratings.
Source: Bse
BASF India Limited (BASF)
Small CapIndustrials stocks · Small cap · NSE
BASF India Limited operates in Chemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹3,312.1
-73.80 · -2.18%
Market cap ₹14,768 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result04 Aug, 07:27 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -8.4% / mo · MACD + · near 52W low
Stock trend: 34
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BASFD candles · FIT view-9.3%Latest close ₹3312.10 on 2026-10-19
Bar
-2.4%
RSI
32
MACD hist
2.76
52W pos
13%
2026-10-19O ₹3394.40H ₹3394.40L ₹3302.00C ₹3312.10Vol 9,642 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BASFNifty India ManufacturingNifty 500
- BASF
- -10.2%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -4.6 pp
Chart stats
19 Oct 2026- From 52W high
- -29.5%
- 52W range position
- 12%
- ATR (14)
- 2.7%
- Volume vs 20D
- 0.60x
- Avg traded value
- ₹5.1 Cr
- 20D price channel
- ₹3,302 - ₹3,714.5
₹4,699
₹3,122.2 - ₹4,699
₹88.8
Latest completed session
20-session average
21.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED24
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +24.5% · PAT +162.8% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model-227.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +24% YoY · PAT +163% YoY · margin expansion · +40% QoQ · operating leverage
Filed 04 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹4,824 Cr | +24.5% | +40.1% |
| EBITDA | ₹504 Cr | +135.5% | +354.1% |
| Operating margin | 10.0% | +400 bps | +680 bps |
| PAT | ₹360 Cr | +162.8% | +421.7% |
| PAT margin | 7.5% | +392 bps | +546 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 23.90
- P/B
- 3.73
- EV/EBITDA
- 13.67
- Market Cap
- 14768.00Cr
Profitability
- ROE
- 10.90%
- ROCE
- 14.50%
- ROA
- 7.62%
- Dividend Y
- 0.73%
Growth (CAGR)
- Revenue 5Y
- -1.00%
- EPS 5Y
- -1.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 11.00%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 47.05×
- Altman Z
- 5.06
- Book Value
- 914.00
Cash Flow
- FCF Yield
- 1.82%
- FCF Positive Y
- 8/5
- OCF
- -110.00 Cr
- EPS TTM
- 148.54
Shareholding
- Promoter Hold
- 73.33%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 28%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 14.9k+1.1% vs prev
Net Profit
₹ CrLatest: 420-12.3% vs prev
Return on Equity
%Latest: 12.1-21.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 32. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~9.2% over last month) — short-term momentum negative.
- RSI(14) at 32 — sideways, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 27% off 52W high · 6% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
34
RS percentile
Stage 1 Base / Transition
1M return
-8.1%
3M return
-10.2%
6M return
-11.9%
1Y return
-25.4%
RS 1D
-1
RS 20D
-6
Sector rank
#2
Industry rank
#9
Stage evidence
- Price is 8.5% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.1% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 75.68-1.16%
RS vs Nifty 50076
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth1/25
Quality2/20
Balance Sheet11/15
Cash Flow5/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
24
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
24/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 11/15 to the score.
- Cash flow contributes 5/10 to the score.
- Quality contributes 2/20 to the score.
Main drags
- Fair-value margin of safety is negative at -227.0%.
- Growth is weaker at 1/25; verify the latest quarterly trend.
- Valuation is weaker at 2/30; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
23.9
PB
3.7
EV/EBITDA
13.7
ROE
10.9%
ROCE
14.5%
FCF Yield
1.8%
Debt/Equity
0.0
MoS
-227.0%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
24
Previous: 24
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-227.0%
Previous: -227.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
24
24
24
24
24
24
24
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹1,747.78
-89.5% MoS
Growth-justified P/E
6.8
Growth-justified Value
₹1,013.04
-227.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
GUJALKALI
Small
Gujarat Alkalies and Chemicals Limited
Specialty Chemicals
match 156
33
67.1
-0.1%
-1138%
WATCHLIST
MOL
Small
Meghmani Organics Limited
Specialty Chemicals
match 154
31
23.6
1.9%
-1349%
OVERVALUED
MANORG
Small
Mangalam Organics Limited
Specialty Chemicals
match 154
24
15.8
8.4%
-768%
OVERVALUED
DCW
Small
DCW Limited
Specialty Chemicals
match 154
15
—
-0.7%
—
OVERVALUED
GRAUWEIL
Small
Grauer & Weil India Limited
Specialty Chemicals
match 154
54
23.6
15.2%
+44%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
BASF India Limited operates in Chemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 79th percentile within Industrials. Main check: financial discipline is weak at 58/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
52 docs text-extracted · 18 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Industrials: 79th pctile, median 68 · Small: 83rd pctile, median 66
Evidence depth
Financial-only
52 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
82
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 73.3%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.6%.
- ▸8 years of positive FCF.
Trust risks
- ▸Operating cash flow is negative at ₹-110 Cr.
- ▸ROCE trend is -4.8%.
- ▸3 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching BASF India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptAug 2026
Aug 2026 · Transcript Of The 82Nd Annual General Meeting Of BASF India Limited Held On 12Th August 2026 18 Aug - BASF India shares 82nd AGM transcript, FY26 results, 250% dividend, Cellasto Dahej commissioning, and coatings transfer.
Source: Bse
Investor presentationAug 2026
Aug 2026 · Presentation At The 82Nd AGM Held On Wednesday, 12Th August, 2026 At 3.00 P.M 12 Aug
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 2d - Newspaper advertisement with respect to the Annual General Meeting of BASF India Limited to be held on Wednesday 12th August, 2026 at 3.00 pm.
Source: Bse
AnnouncementAug 2026
Aug 2026 · 82Nd Annual General Meeting Of BASF India Limited To Be Held On 12Th August, 2026 19 May - 82nd AGM scheduled for 12 August 2026 at 3 p.m. via video conferencing.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 26 Aug - BASF India received Crisil ESG rating 61 and Core ESG 62, both in Strong category.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Aug - Newspaper Advertisement in respect of Notice of final hearing of Company Scheme Petition related to demerger of Company''s Agricultural Solutions business into BASF Agricultural Solutions …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Aug - Newspaper publication pursuant to Regulation 47 of the SEBI (LODR) Regulation, 2015
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Restructuring 4 Aug - BASF India approved closure of Care Chemicals plants at Dahej by end-2026; FY26 revenue contribution was Rs. 542 crore.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Jul - Newspaper publication issued by the Company on 17th July, 2026 in connection with the 82nd Annual General Meeting of BASF India Limited to be held …
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 16 Jul
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Diversification / Disinvestment 1 Jul - BASF India completed sale of BASF India Coatings for INR 230.16 crore on 30 June 2026.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.