BASF India Ltd (BASF)

BASF India Q4 Results Show Increase in Revenue and Profits - 16 May, 2024

BASF India's Q4 results reveal a 2.54% increase in revenue and a significant 95.93% rise in profits YoY. Operating income showed strong performance with a 20.59% increase QoQ and an impressive 92.87% rise YoY. The stock delivered returns of 11.37% in the last week, 61.33% in the last 6 months, and 50.58% YTD. Analysts recommend holding BASF India Ltd.

BASF India Q4 Profit Nearly Doubles - 15 May, 2024

BASF India reported a Q4 profit of ₹162 crore, almost double the previous year's figure, due to strong demand for its materials and agriculture solution businesses. The company also declared a dividend of ₹15 per share for FY24.

BASF India Posts Strong Q4 Results - 14 May, 2024

BASF India posted a nearly doubled Q4 profit YoY due to strong demand in its materials and agriculture solutions businesses. The company also declared a dividend of Rs 15 per share for FY24. BASF India's Q4 consolidated net profit rose 15.3% YoY to Rs 161.43 crore with total income marginally up to Rs 3,384.67 crore.

BASF India Achieves High Returns on Capital - 11 May, 2024

BASF India's return on capital employed (ROCE) has grown considerably to 22% in the last five years, which is better than the industry average of 14%. The company is earning more per dollar of capital invested and deserves further due diligence. However, its current liabilities to total assets ratio of 51% introduces some risk.

BASF India's P/E Ratio Higher Than Expected - 19 Apr, 2024

BASF India's weak earnings outlook with slower than market growth may put the share price at risk of declining, sending the moderate P/E lower. The company managed to grow EPS by 3% last year but has shrunk 9.9% in total over the last three years. Next year is estimated to generate growth of 18%, which is lower than the 24% growth forecast for the broader market.