Credit rating
Credit-rating report · Southern Petrochemicals Industries Corporation Limited has informed the Exchange about Credit Rating- Revision
Source: Nse
Southern Petrochemicals Industries Corporation Limited (SPIC)
Small CapIndustrials stocks · Small cap · NSE
Southern Petrochemicals Industries Corporation Limited operates in Fertilizers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:50 pm ISTDetails
Quote21 Oct, 03:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result17 Aug, 06:14 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 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
31Bearishfull bear SMA stack · SMA20 -10.0% / mo · RSI oversold · MACD − · near 52W low
Stock trend: 22
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SPICD candles · FIT view-19.9%Latest close ₹56.86 on 2026-10-21
Bar
-3.4%
RSI
25
MACD hist
-0.35
52W pos
5%
2026-10-21O ₹58.87H ₹58.87L ₹56.32C ₹56.86Vol 3.3L 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
SPICNifty India ManufacturingNifty 500
- SPIC
- -14.8%
- Nifty 500
- -6.5%
- Nifty India Manufacturing
- -7.7%
- Vs Nifty 500
- -8.3 pp
Chart stats
21 Oct 2026- From 52W high
- -39.4%
- 52W range position
- 5%
- ATR (14)
- 3.4%
- Volume vs 20D
- 1.29x
- Avg traded value
- ₹1.6 Cr
- 20D price channel
- ₹56.3 - ₹67.6
₹93.9
₹55.1 - ₹93.9
₹1.9
Latest completed session
20-session average
25.8% annualized volatility
Research snapshot
What the evidence says now
Strong fundamentals, management evidence is still limited to a financial-only Trust Lite signal, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.
Strong U-Score but weak trend: timing is not confirming the thesis.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · DEEP VALUE86
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +8.7% · PAT -10.4% YoY
Technical
Bearish31
Price trend and sector-relative-strength timing.
Valuation
Legacy model+85.3%
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
Bad · 0/100PAT -10% YoY · margin compression · Rev +9% YoY · +45% QoQ
Filed 17 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹849 Cr | +8.7% | +45.4% |
| EBITDA | ₹59 Cr | -36.6% | +31.1% |
| Operating margin | 7.0% | -500 bps | -100 bps |
| PAT | ₹60 Cr | -10.4% | +106.9% |
| PAT margin | 7.1% | -151 bps | +210 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 6.18
- P/B
- 0.92
- EV/EBITDA
- 6.37
- Market Cap
- 1266.00Cr
Profitability
- ROE
- 15.00%
- ROCE
- 16.80%
- ROA
- 8.20%
- Dividend Y
- 3.22%
Growth (CAGR)
- Revenue 5Y
- 14.00%
- EPS 5Y
- 21.00%
- Revenue 3Y
- 1.00%
- EPS 3Y
- -14.00%
Balance Sheet
- Debt/Equity
- 0.51
- Interest Coverage
- 11.04×
- Altman Z
- 3.08
- Book Value
- 67.30
Cash Flow
- FCF Yield
- 10.51%
- FCF Positive Y
- 6/5
- OCF
- 395.00 Cr
- EPS TTM
- 10.08
Shareholding
- Promoter Hold
- 53.38%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 17%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 849+45.4% vs prev
Net Profit
₹ CrLatest: 60.0+106.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
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
Bearish setupTrend is weak — long-term trend down. RSI 25.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~11.1% over last month) — short-term momentum negative.
- RSI(14) at 25 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- Within 5% of 52-week low — testing support.
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
20
RS percentile
Stage 1 Base / Transition
1M return
-14.8%
3M return
-14.8%
6M return
-19.7%
1Y return
-38.1%
RS 1D
+1
RS 20D
-13
Sector rank
#2
Industry rank
#51
Stage evidence
- Price is 15.4% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.4% 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
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 64.52-1.74%
RS vs Nifty 50065
Valuation & peers
U-Score 86 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 86 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · DEEP VALUEValuation30/30
Growth19/25
Quality11/20
Balance Sheet12/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
86
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
86/100 · legacy band DEEP VALUE
Positive drivers
- FCF yield is supportive at 10.5%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 85.3%.
Main drags
- Quality is weaker at 11/20; verify the latest quarterly trend.
- Growth is weaker at 19/25; verify the latest quarterly trend.
- Balance sheet is weaker at 12/15; 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
6.2
PB
0.9
EV/EBITDA
6.4
ROE
15.0%
ROCE
16.8%
FCF Yield
10.5%
Debt/Equity
0.5
MoS
+85.3%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Current PE is low at 6.2, so peak-cycle earnings risk should be checked.
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
86
Previous: 86
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+85.3%
Previous: +84.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
86
86
86
86
86
86
86
86
86
86
86
86
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
₹123.55
+52.7% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹396.14
+85.3% MoS
PEG
0.29
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
ULTRAMAR
Small
Ultramarine & Pigments Limited
Fertilizers & Agrochemicals
match 169
53
13.1
8.6%
+25%
FAIR VALUE
PUNJABCHEM
Small
Punjab Chemicals & Crop Protection Limited
Fertilizers & Agrochemicals
match 168
39
19.0
16.6%
-32%
WATCHLIST
KANORICHEM
Small
Kanoria Chemicals & Industries Limited
Fertilizers & Agrochemicals
match 168
79
13.1
22.1%
+87%
DEEP VALUE
ZUARI
Small
Zuari Agro Chemicals Limited
Fertilizers & Agrochemicals
match 168
69
2.9
1.2%
+98%
UNDERVALUED
MADRASFERT
Small
Madras Fertilizers Limited
Fertilizers & Agrochemicals
match 167
62
11.9
292.0%
+67%
UNDERVALUED
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
Southern Petrochemicals Industries Corporation Limited operates in Fertilizers, 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. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 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
0 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
78
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
67
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is 9.2%.
- ▸6 years of positive FCF.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Southern Petrochemicals Industries Corporation Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Credit-rating report · Southern Petrochemical Industries Corporation Limited has informed the Exchange about Credit Rating- Revision
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.