Resonance Specialities Ltd
Incorporated in 1989, Resonance Specialties Ltd manufactures Pyridine, Picoline, Cynopyridine and derivatives of the same[1]
- Market Cap ₹ 115 Cr.
- Current Price ₹ 99.8
- High / Low ₹ 124 / 69.0
- Stock P/E 13.0
- Book Value ₹ 57.3
- Dividend Yield 0.98 %
- ROCE 15.4 %
- ROE 11.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 6.75% over past five years.
- Company has a low return on equity of 8.78% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 45.30 | 37.84 | 38.63 | 33.91 | 35.71 | 41.40 | 56.14 | 70.29 | 75.76 | 57.98 | 54.82 | 77.81 | 89.96 | |
| 42.19 | 36.59 | 35.62 | 31.89 | 35.06 | 36.51 | 48.39 | 56.04 | 59.01 | 51.15 | 50.00 | 67.03 | 77.35 | |
| Operating Profit | 3.11 | 1.25 | 3.01 | 2.02 | 0.65 | 4.89 | 7.75 | 14.25 | 16.75 | 6.83 | 4.82 | 10.78 | 12.61 |
| OPM % | 6.87% | 3.30% | 7.79% | 5.96% | 1.82% | 11.81% | 13.80% | 20.27% | 22.11% | 11.78% | 8.79% | 13.85% | 14.02% |
| -0.38 | 1.86 | 0.26 | 0.82 | 1.08 | 1.31 | 0.44 | 1.59 | 1.36 | 1.61 | 0.93 | 0.01 | 0.97 | |
| Interest | 0.59 | 0.58 | 0.52 | 0.39 | 0.55 | 0.54 | 0.35 | 0.29 | 0.07 | 0.11 | 0.33 | 0.35 | 0.22 |
| Depreciation | 1.10 | 1.16 | 1.12 | 1.06 | 1.15 | 0.91 | 0.92 | 0.98 | 1.75 | 1.48 | 1.46 | 1.56 | 1.11 |
| Profit before tax | 1.04 | 1.37 | 1.63 | 1.39 | 0.03 | 4.75 | 6.92 | 14.57 | 16.29 | 6.85 | 3.96 | 8.88 | 12.25 |
| Tax % | 0.96% | 7.30% | 27.61% | 25.90% | 2,700.00% | 32.63% | 20.38% | 27.73% | 24.06% | 27.01% | 25.00% | 26.13% | |
| 1.03 | 1.28 | 1.19 | 1.03 | -0.77 | 3.20 | 5.51 | 10.52 | 12.36 | 5.00 | 2.97 | 6.57 | 8.86 | |
| EPS in Rs | 0.89 | 1.11 | 1.03 | 0.89 | -0.67 | 2.77 | 4.77 | 9.11 | 10.71 | 4.33 | 2.57 | 5.69 | 7.67 |
| Dividend Payout % | 56.02% | 45.08% | 0.00% | 0.00% | 0.00% | 0.00% | 20.94% | 10.97% | 9.34% | 23.08% | 0.00% | 17.56% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 1% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 1% |
| 3 Years: | -17% |
| TTM: | 95% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | -5% |
| 3 Years: | 7% |
| 1 Year: | 36% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | 9% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 | 11.54 |
| Reserves | 9.45 | 9.95 | 11.14 | 12.42 | 11.72 | 14.93 | 18.99 | 29.13 | 40.26 | 44.15 | 45.95 | 52.48 | 54.58 |
| 3.38 | 3.12 | 1.92 | 4.07 | 3.40 | 0.00 | 0.00 | 0.72 | 0.09 | 2.29 | 4.17 | 3.31 | 2.78 | |
| 9.77 | 9.95 | 7.76 | 11.75 | 10.19 | 11.70 | 10.60 | 13.25 | 4.89 | 7.81 | 12.12 | 8.22 | 12.33 | |
| Total Liabilities | 34.14 | 34.56 | 32.36 | 39.78 | 36.85 | 38.17 | 41.13 | 54.64 | 56.78 | 65.79 | 73.78 | 75.55 | 81.23 |
| 15.22 | 14.26 | 13.86 | 15.06 | 14.60 | 14.07 | 14.11 | 15.90 | 13.83 | 19.91 | 22.90 | 21.33 | 20.87 | |
| CWIP | 0.03 | 0.03 | 0.13 | 0.20 | 0.60 | 0.83 | 1.84 | 0.04 | 0.44 | 0.44 | 0.32 | 0.56 | 2.48 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.75 | 0.12 | 0.00 | 2.81 | 0.00 | 2.54 |
| 18.89 | 20.27 | 18.37 | 24.52 | 21.65 | 23.27 | 25.08 | 37.95 | 42.39 | 45.44 | 47.75 | 53.66 | 55.34 | |
| Total Assets | 34.14 | 34.56 | 32.36 | 39.78 | 36.85 | 38.17 | 41.13 | 54.64 | 56.78 | 65.79 | 73.78 | 75.55 | 81.23 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.76 | 1.11 | 3.23 | 0.56 | 2.14 | 5.27 | 1.42 | 4.28 | 13.33 | -8.37 | 4.16 | -2.51 | |
| -0.07 | -0.28 | -0.82 | -2.62 | -1.11 | -0.50 | -1.82 | -1.18 | -8.80 | 3.20 | -6.63 | 2.15 | |
| -0.60 | -1.52 | -2.41 | 1.76 | -1.01 | -3.65 | 1.15 | 0.31 | -1.86 | 0.93 | 0.33 | -1.20 | |
| Net Cash Flow | 1.09 | -0.69 | 0.01 | -0.30 | 0.02 | 1.11 | 0.76 | 3.42 | 2.66 | -4.24 | -2.13 | -1.56 |
| Free Cash Flow | 1.69 | 0.83 | 2.41 | -2.06 | 0.98 | 4.63 | -0.55 | 3.43 | 13.22 | -15.92 | -0.17 | -3.71 |
| CFO/OP | 59% | 103% | 122% | 28% | 362% | 107% | 47% | 61% | 110% | -93% | 117% | -5% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 76.63 | 99.16 | 66.05 | 79.76 | 67.97 | 66.74 | 39.92 | 48.92 | 39.51 | 77.68 | 88.69 | 104.94 |
| Inventory Days | 81.52 | 133.71 | 159.21 | 397.20 | 211.58 | 180.17 | 232.12 | 236.12 | 175.79 | 646.44 | 340.53 | 315.97 |
| Days Payable | 68.68 | 116.18 | 108.07 | 262.26 | 127.21 | 138.98 | 114.32 | 120.62 | 17.35 | 137.50 | 134.00 | 65.41 |
| Cash Conversion Cycle | 89.46 | 116.69 | 117.19 | 214.70 | 152.35 | 107.93 | 157.71 | 164.41 | 197.94 | 586.62 | 295.21 | 355.50 |
| Working Capital Days | 56.16 | 70.80 | 73.79 | 85.14 | 79.93 | 93.19 | 81.92 | 99.34 | 142.99 | 211.96 | 220.78 | 205.84 |
| ROCE % | 7.30% | 3.96% | 8.74% | 6.84% | 2.23% | 20.21% | 30.63% | 41.32% | 34.91% | 12.65% | 7.15% | 15.40% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Electricity Consumption per Unit of Production Units/MT |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Scheduled On 14/05/2026,Inter Alia, To Consider And Approve Audited Financial Results For The 4Th Quarter And Financial Year Ended March 31, 2026 And To Recommend The Dividend For The Said Financial Year
30 Apr - Board to meet on May 14, 2026 to approve FY26 audited results and recommend dividend.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Submission of certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.
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Closure of Trading Window
16 Mar - Trading window closed from March 31, 2026 until 48 hours after FY2025-26 audited results.
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Announcement under Regulation 30 (LODR)-Change in Management
13 Mar - Ms Dhara Shah appointed Independent Director for five years; passed Mar 13, 2026 with 99.996% votes.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
13 Mar - Ms. Dhara Shah appointed as Independent Director for five-year term; postal ballot passed March 13, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
RSL is an integrated Product Development Company focusing on Pyridine and its derivatives. It also has expertise in organic
chemistry and expertise in catalysis.