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Kothari Petrochemicals Ltd. (IN:KOTHARIPET)
:KOTHARIPET
India Market
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Kothari Petrochemicals Ltd. (KOTHARIPET) AI Stock Analysis

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IN:KOTHARIPET

Kothari Petrochemicals Ltd.

(KOTHARIPET)

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Outperform 77 (OpenAI - Gpt-5.6Sol)
Rating:77Outperform
Price Target:
₹164.00
▲(32.75% Upside)
Action:Reiterated
Date:09/09/26
The score is driven primarily by strong financial quality (very low leverage, high ROE, improving profitability) and a reasonable valuation (P/E ~11.8 with a ~1.39% yield). Technicals are supportive due to price above key moving averages, but the negative MACD and the history of volatile free cash flow temper the overall score.
Positive Factors
Very Low Leverage
Extremely low leverage gives Kothari Petrochemicals substantial financial flexibility and limits interest-related pressure on earnings. The company can support operations and pursue opportunities with less refinancing exposure, while strong returns on equity indicate that profitability is not dependent on heavy borrowing.
Negative Factors
Volatile Free Cash Flow
Uneven free cash flow indicates that reported earnings do not consistently translate into cash available for reinvestment, dividends, or other capital allocation. Recurring swings can reflect changing working-capital or spending needs and make internally funded growth less predictable.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Extremely low leverage gives Kothari Petrochemicals substantial financial flexibility and limits interest-related pressure on earnings. The company can support operations and pursue opportunities with less refinancing exposure, while strong returns on equity indicate that profitability is not dependent on heavy borrowing.
Read all positive factors

Kothari Petrochemicals Ltd. (KOTHARIPET) vs. iShares MSCI India ETF (INDA)

Kothari Petrochemicals Ltd. Business Overview & Revenue Model

Company Description
Headquartered in Chennai, India, Kothari Petrochemicals Limited is a global manufacturer and supplier of chemicals. Established in 1989, the company specializes in polyisobutylene (PIB), a linear polymer branded as KVIS. This versatile product is ...
How the Company Makes Money
Kothari Petrochemicals primarily makes money by manufacturing and selling polyisobutylene (PIB) to business customers (B2B). Revenue is generated from (1) sale of PIB across different grades/specifications (typically differentiated by molecular we...

Kothari Petrochemicals Ltd. Financial Statement Overview

Summary
Strong overall fundamentals supported by very low leverage (debt-to-equity ~0.6% in 2026) and consistently high ROE (~19%–26%). Profitability is solid and improving in 2026 (net margin ~12.3%, gross margin ~24.0%) with strong revenue growth in 2026 (~60% YoY). Main constraint is cash-flow consistency, with historical volatility including negative free cash flow in 2022 and 2025.
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
71
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue5.88B5.91B5.77B5.92B4.79B3.80B
Gross Profit1.63B1.42B1.26B1.20B1.26B1.06B
EBITDA970.94M1.06B917.18M1.04B641.40M519.83M
Net Income661.18M724.90M658.18M637.84M391.77M328.85M
Balance Sheet
Total Assets4.09B4.42B3.78B3.19B2.70B2.23B
Cash, Cash Equivalents and Short-Term Investments322.69M399.48M311.80M729.76M530.04M402.18M
Total Debt26.24M22.38M30.11M22.38M228.35M120.43M
Total Liabilities731.17M695.53M723.44M724.21M782.71M671.95M
Stockholders Equity3.36B3.72B3.06B2.47B1.92B1.56B
Cash Flow
Free Cash Flow433.27M626.12M-256.66M559.59M57.54M-20.92M
Operating Cash Flow484.18M814.79M603.99M715.22M262.16M183.73M
Investing Cash Flow-450.43M-779.63M-455.81M-444.04M-261.87M-320.09M
Financing Cash Flow-66.17M-69.59M-69.59M-330.28M48.69M75.70M

Kothari Petrochemicals Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price123.54
Price Trends
50DMA
135.77
Positive
100DMA
131.94
Positive
200DMA
125.93
Positive
Market Momentum
MACD
0.52
Negative
RSI
68.17
Neutral
STOCH
72.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KOTHARIPET, the sentiment is Positive. The current price of 123.54 is below the 20-day moving average (MA) of 135.26, below the 50-day MA of 135.77, and below the 200-day MA of 125.93, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 68.17 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:KOTHARIPET.

Kothari Petrochemicals Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
₹25.15B11.114.04%8.79%27.51%
77
Outperform
₹8.76B11.711.40%-7.71%12.35%
76
Outperform
₹47.29B11.550.72%26.14%223.49%
73
Outperform
₹15.00B8.240.57%19.19%487.80%
62
Neutral
₹12.40B8.420.87%-2.43%81.18%
56
Neutral
₹17.16B20.880.90%-0.88%34.57%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:KOTHARIPET
Kothari Petrochemicals Ltd.
143.21
-14.58
-9.24%
IN:IGPL
IG Petrochemicals Ltd.
553.10
121.67
28.20%
IN:MANALIPETC
Manali Petrochemicals Limited
86.21
15.61
22.11%
IN:SOTL
Savita Oil Technologies Limited
697.30
295.26
73.44%
IN:TNPETRO
Tamilnadu Petro Products Ltd.
132.50
30.85
30.35%
IN:VEEDOL
Veedol Corp. Ltd
1,437.25
-245.23
-14.58%
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.Date of analysis: Sep 09, 2026