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CHEMTECH INDUSTRIAL VALVES LTD

Capital Goods › Industrial Manufacturing
₹51.02
at close · 28 Oct 2026
▲ 3.02 (+6.29%)

Latest filings

  1. Reg 74(5) certificate for quarter ended Sept 30, 2026 · Compliance
  2. Re-appointment of Whole-time Director approved at AGM · Management Changes
  3. Chemtech Industrial Valves shareholders approve MOA amendment to expand business scope · General
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures industrial valves for process industries such as steel, cement, power, fertilizers, water, and chemicals, operating from facilities in India. Revenue splits between a Manufacturing segment and a Project Sales segment, with FY26 total income of ₹30.17 crore and an EBITDA margin of 30.07%. Key products include patented Line Blind Valves, which customers report deliver 40-60% OPEX savings during shutdowns, and large Double Offset Butterfly Valves (DN 3000 MM) for blast furnace gas service. The customer base includes Larsen & Toubro, AMNS India, Tata Steel, and JSW Steel Salem, with 1,400 valves dispatched to the latter in a record 10 weeks. The largest cost is raw materials at 59.2% of revenue, followed by other operating expenses at 27.3% and employee costs at 10.0%. Management targets ₹250 crore in revenue by FY29-30, framing its opportunity around India's industrial capex cycle where valves typically account for 1-1.5% of total project cost.

Operating scale
FY26 revenue
₹30.17 crore
FY26 EBITDA margin
30.07%
Tata Steel cumulative business
₹35 cr+ over 3 years
Valves dispatched to JSW Steel Salem
1,400 valves in 10 weeks
Line Blind Valve OPEX savings
40-60% during shutdowns
Revenue target
₹250 crore by FY29-30
Who pays it
Process industries including steel (Tata Steel, JSW Steel Salem, AMNS India), construction (Larsen & Toubro), cement, power, fertilizers, water and chemicals
Biggest cost
Raw materials at 59.2% of revenue
Kind of business
Cyclical, project-driven industrial valve manufacturer serving process industries
Where it sits
Manufactures industrial valves for Indian process industries, with patented Line Blind Valves and large-format Double Offset Butterfly Valves
Market Cap
₹94 Cr
P / E (TTM)
34.5×
EV / EBITDA
15.4×
Div Yield
—
Growth
16.7%▲
Revenue 5y CAGR
PAT +49.0% · EBITDA +24.8%
Quality
10.0%·
ROCE (5y median)
ROE 7.3% (5y median) · margin 30.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹7.14 Cr
Revenue FY21→FY26
2.2×▲
Margin +11.7 pts
₹14 Cr → ₹30 Cr
Cash conversion
-0.24×▼
Operating cash ÷ profit · 5 yrs
₹-4 Cr on ₹18 Cr
Moves on a normal day
1.64%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 145 Industrial Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#80/130
P/B#13/112
ROCE#100/142
ROE#82/113
Debt / Equity#1/113
EBITDA margin#61/110
Revenue growth#61/114
Profit growth#92/109

Scorecard

Measured from the filed financials, judged against its Industrial Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 17% a year over 5 years
Profit compounding 49% a year over 5 years
No borrowings on the balance sheet
lower than 80% of its 113 Industrial Products peers
Concerns
Over 5 years it reported ₹18 Cr of profit and an operating cash outflow of ₹4.42 Cr — -0.24×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 156 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

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Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CHEMTECH INDUSTRIAL VALVES LTD's filed financials and exchange disclosures

What does CHEMTECH INDUSTRIAL VALVES LTD do?

CHEMTECH INDUSTRIAL VALVES LTD is a Industrial Manufacturing company listed on BSE.

Is CHEMTECH INDUSTRIAL VALVES LTD profitable?

Yes. Over the trailing twelve months CHEMTECH INDUSTRIAL VALVES LTD reported a net profit of ₹2.70 Cr on revenue of ₹32 Cr.

Does CHEMTECH INDUSTRIAL VALVES LTD pay a dividend?

Not in the latest reported year — CHEMTECH INDUSTRIAL VALVES LTD's dividend payout for FY26 was nil.

Is CHEMTECH INDUSTRIAL VALVES LTD debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹7.14 Cr of cash.

Is CHEMTECH INDUSTRIAL VALVES LTD expensive compared with its peers?

On trailing P/E, CHEMTECH INDUSTRIAL VALVES LTD ranks 80 of 130 in Industrial Products — cheaper than 39% of them, against an industry median of 26.7×. This is a position, not a valuation judgement.

How much does the CHEMTECH INDUSTRIAL VALVES LTD share price move in a day?

On a typical session CHEMTECH INDUSTRIAL VALVES LTD moves 1.64% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track CHEMTECH INDUSTRIAL VALVES LTD's announcements?

Every NSE and BSE filing by CHEMTECH INDUSTRIAL VALVES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.