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BASF India Limited
(BASF)
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Rating:62Neutral
Price Target:
₹3,616.00
▼(-3.80% Downside)
Action:Reiterated
Date:08/20/26
The score is primarily held back by weakening operating quality—most notably the latest deterioration in operating and free cash flow—despite a strong, conservatively levered balance sheet. Technicals are a positive contributor with the stock trading above major moving averages and neutral momentum readings. Valuation is a modest headwind due to a relatively high P/E and low dividend yield.
Positive Factors
Diversified end-market exposure
Exposure across several industries reduces reliance on any single customer market and creates multiple avenues for chemical demand. BASF India’s portfolio spans agricultural, industrial, specialty, and performance products, supporting resilience and cross-selling potential over the next several quarters.
Negative Factors
Negative latest cash generation
The shift from strong operating and free cash flow in earlier periods to negative latest-period cash generation weakens confidence in earnings conversion. Working-capital pressure or elevated spending could constrain internally funded growth and make financial performance more volatile.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified end-market exposure
Exposure across several industries reduces reliance on any single customer market and creates multiple avenues for chemical demand. BASF India’s portfolio spans agricultural, industrial, specialty, and performance products, supporting resilience and cross-selling potential over the next several quarters.
Read all positive factors
BASF India Limited (BASF) vs. iShares MSCI India ETF (INDA)
Market Cap
₹149.32B
Dividend Yield0.73%
Average Volume (3M)1.42K
Price to Earnings (P/E)23.0
Beta (1Y)0.54
Revenue Growth6.65%
EPS Growth62.42%
CountryIN
Employees1,337
SectorGeneral
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)148.65
Shares Outstanding43,285,640
10 Day Avg. Volume1,381
30 Day Avg. Volume1,419
Financial Highlights & Ratios
PEG Ratio-2.69
Price to Book (P/B)3.51
Price to Sales (P/S)0.93
P/FCF Ratio-45.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)118.7
Revenue Forecast (FY)₹174.00B
BASF India Limited Business Overview & Revenue Model
Company Description
BASF India Limited, a subsidiary of BASF SE, operates from Navi Mumbai, India, and was established in 1943. The company offers an extensive portfolio of chemical products and services throughout India, additionally engaging in exports. Its Agricul...
How the Company Makes Money
BASF India Limited primarily makes money by selling chemical products and integrated solutions to business customers across multiple end-markets in India. Its revenue model is mainly B2B and is driven by (1) sales of manufactured products from its...
BASF India Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
84
Very Positive
Cash Flow
39
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 161.65B | 149.44B | 152.46B | 137.51B | 136.28B | 130.82B |
| Gross Profit | 26.53B | 18.07B | 22.46B | 22.47B | 20.68B | 21.51B |
| EBITDA | 10.21B | 7.26B | 8.42B | 9.66B | 7.39B | 9.50B |
| Net Income | 6.43B | 4.20B | 4.79B | 5.63B | 4.03B | 5.95B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 84.36B | 84.62B | 72.33B | 65.65B | 61.10B |
| Cash, Cash Equivalents and Short-Term Investments | 8.70B | 9.71B | 8.20B | 6.23B | 3.67B | 1.26B |
| Total Debt | 0.00 | 1.33B | 1.90B | 1.56B | 1.06B | 1.22B |
| Total Liabilities | -39.57B | 44.78B | 48.28B | 40.09B | 38.63B | 37.74B |
| Stockholders Equity | 39.57B | 39.57B | 36.34B | 32.23B | 27.01B | 23.36B |
Cash Flow | ||||||
| Free Cash Flow | -10.24B | -3.05B | 1.71B | 7.06B | 4.39B | 2.00B |
| Operating Cash Flow | -9.32B | -986.80M | 3.73B | 8.07B | 5.31B | 3.30B |
| Investing Cash Flow | 4.98B | 3.44B | -1.14B | -4.50B | -1.99B | -1.20B |
| Financing Cash Flow | -1.38B | -1.56B | -1.29B | -1.02B | -906.90M | -2.57B |
BASF India Limited Technical Analysis
Negative
3758.95
Price Trends
3773.65
Negative
3659.96
Negative
3641.94
Negative
Market Momentum
-96.19
Positive
29.99
Positive
11.42
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BASF, the sentiment is Negative. The current price of 3758.95 is above the 20-day moving average (MA) of 3617.83, below the 50-day MA of 3773.65, and above the 200-day MA of 3641.94, indicating a bearish trend. The MACD of -96.19 indicates Positive momentum. The RSI at 29.99 is Positive, neither overbought nor oversold. The STOCH value of 11.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BASF.
BASF India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ₹733.35B | 34.17 | ― | 0.40% | 12.98% | 51.08% | |
75 Outperform | ₹174.49B | 21.69 | ― | 0.51% | 15.75% | 59.22% | |
70 Neutral | ₹157.06B | 36.42 | ― | 0.21% | 7.26% | 5.73% | |
62 Neutral | ₹149.32B | 22.99 | ― | 0.73% | 6.65% | 62.42% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹104.13B | 32.65 | ― | 0.78% | 10.96% | 11.16% | |
47 Neutral | ₹172.64B | 31.75 | ― | 0.21% | 27.05% | 123.98% |
* General Sector Average
IN:BASF
BASF India Limited
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-25.18%
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BASF India Limited Corporate Events
BASF India Closes Trading Window Ahead of September-Quarter Results
Sep 25, 2026
BASF India Limited has announced the closure of its trading window for dealing in the company’s equity shares from October 1, 2026, to November 8, 2026, in line with SEBI’s Prohibition of Insider Trading Regulations, 2015. The window w...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.