Live Southern Petrochemicals Industries Corporation Share Price Chart

O 79.9

H 79.9

L 79.9

VOL 3780

Southern Petrochemicals Industries Corporation Performance

Days Range

Low: ₹78.93
High: ₹81.19
Previous Close ₹79.50
Open ₹79.90
Volume 5,56,150
Day’s Range ₹78.93 - ₹81.19
52W Range ₹62.00 - ₹107.50
Market Cap ₹1,618.53 Cr

Southern Petrochemicals Industries Corporation Fundamentals

ROCE (TTM) 16.22
P/E Ratio (TTM) 14.32
P/B Ratio 1.5
Industry P/E 30.99
Debt to Equity 0.44
ROE 13.52
EPS (TTM) 7.14
Dividend Yield 1.89
Book Value 52.82
Face Value 10

Southern Petrochemicals Industries Corporation Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales568.94743.64506.4124.88
Expenses496.82668.38459.92107.46
Profit before tax77.7179.9951.93-39.57
Operating Profit51.3952.6333.28-24.23
Net Profit51.3952.6333.28-24.23
EPS in Rs2.742.81.780.81

About Southern Petrochemicals Industries Corporation

History of Southern Petrochemical Industries Corporation Limited

Incorporated in 1969, Southern Petrochemical Industries Corporation (SPIC) Limited is one of the leading fertiliser manufacturing companies that manufactures and sells Urea, a nitrogenous chemical fertiliser.

SPIC Limited was founded by Dr M A Chidambaram and Tamil Nadu Industrial Development Corporation Limited (TIDCO), a state-owned industrial development institution. In 1979, the company set up a Gas Hydrogen Recovery Unit to increase the production of Ammonia. Since then, the company has been constantly expanding. They set up a Urea plant in the UAE in 1997. In the same year, the company promoted a new venture Spic Electric Power Corporation Limited.

In 2003, the company’s ammonia unit in Tuticorin was closed due to leakage in the pipeline. In 2015, the company’s plants in Tuticorin resumed production, and in 2019, they resumed the commercial production of Urea and Ammonia.

The company’s large fertiliser complex can produce 6.2 lakh tons of Neem Coated Urea.

Business Segments of Southern Petrochemical Industries Corporation Limited 

The company offers several products and services as follows:

  • Products
    • Primary Nutrients: Under this segment, the company provides primary plant nutrients that help their nutrition. The product range includes Urea, Neem Coated Urea, etc
    • Secondary Nutrients: Under this segment, the company offers secondary nutrients that are helpful for the soil and crops. These nutrients include Magnesium, Calcium and Sulphur.
    • Micro Nutrients: Under this, the company offers products that include Zinc (Zn), Boron (B), Manganese (Mn), Copper (Cu), Iron (Fe), Chlorine (Cl) and Molybdenum (Mo).
    • Water Soluble Fertilisers: The products under this segment are 100% water soluble. They offer water soluble fertilisers under the brand ‘Triumph’.
    • Organic Fertilisers: Under this category, the company provides organic fertilisers derived from animal matter, vegetable matter, etc.
    • Non-Edible De-Oiled Cake Fertilizers: Under this segment, they offer products such as SPIC Neem Cake, SPIC Sangamam and SPIC Jayanthi.
    • Bio Fertilisers: The products under this category provide additional nutrition to the plants. The product range includes SPIC Vonder, SPIC Mob-K and SPIC Konsorzio.
    • Organic Pesticide: Under this segment, the company provides Biopesticides or Biochemical Pesticides.
    • Plant Growth Regulator: Under this, the company provides products that help in plant growth, such as SPIC Scytoz.
    • Plant Biostimulants: Under this, the company offers several biostimulant products for the plant, such as SPIC KROMn, SPIC Max Granules, etc.
    • Industrial Products: The company also provides the by-products generated in plants, such as Phosphoric Acid Plant and Sulphuric Acid Plants. These can be used in cement, aluminium, etc., industries.
  • Services

The company also offers several agricultural services like Soil Management, Farmer Training Centre, Farmer Journals, Agri Clinic, etc., under their services division.

As of March 31, 2023, there are no subsidiary companies under Southern Petrochemical Industries Corporation Limited.

Key Personalities of Southern Petrochemical Industries Corporation Limited

Ashwin C Muthiah, Chairman

Ashwin C Muthiah is the Chairman of Southern Petrochemical Industries Corporation Limited. He comes with extensive professional experience. He is also the Chairman of Wilson International Trading Pte Limited, Singapore, AM International, Manali Petrochemicals Limited (MPL), Sicagen India Limited and the Vice Chairman of Tamilnadu Petroproducts Limited (TPL).

Corporate Actions of Southern Petrochemical Industries Corporation Limited

There are no records of bonus shares and stock splits from Southern Petrochemical Industries Corporation Limited.

Parent Organisation MAC
Founded 1969
Managing Director Ashwin C Muthiah
NSE Symbol SPIC

Peer Comparison

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Chambal Fertilisers & Chemicals Ltd ₹17,420.36

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429.75 - 436.9View Peer Comparison
Aries Agro Ltd ₹316.55

245

1.46 (0.60%)

242.61 - 248.99View Peer Comparison
Gujarat State Fertilizers & Chemicals Ltd ₹8,913.94

224.47

0.48 (0.21%)

222.3 - 226.8View Peer Comparison
Rashtriya Chemicals & Fertilizers Ltd ₹9,243.57

167.85

0.25 (0.15%)

166 - 170.66View Peer Comparison

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Southern Petrochemicals Industries Corporation FAQs

What is the Share price of Southern Petrochemicals Industries Corporation (SPIC)?

Southern Petrochemicals Industries Corporation (SPIC) share price as of June 14, 2024, on NSE is Rs 79.99 (NSE) and Rs 79.95 (BSE) on BSE.

Can I buy Southern Petrochemicals Industries Corporation (SPIC) shares?

Yes, You can buy Southern Petrochemicals Industries Corporation (SPIC) shares by opening a Demat account with Angel One.

How do I buy Southern Petrochemicals Industries Corporation (SPIC) from Angel One?

Southern Petrochemicals Industries Corporation (SPIC) share can be brought through the following modes:
  1. Direct investment: You can buy Southern Petrochemicals Industries Corporation (SPIC) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Southern Petrochemicals Industries Corporation (SPIC) shares.

Is SPIC a Debt free Company?

No, SPIC is not a debt free company.

What is the main business of SPIC?

The main business of SPIC is to manufacture fertilizers, including primary, secondary & micro nutrients, water soluble fertilizers, bio fertilizers, organic pesticides, non edible de-Oiled cake fertilizers, organic fertilizers, plant biostimulants & regulators, and industrial products.

Who are the promoters of SPIC?

Some of the main promoters of SPIC are Ashwin C Muthiah, Tamilnadu Industrial Dev Corporation Limited, Ami Holdings Private Limited, Lotus Fertilizers Private Limited, Sicagen India Limited, South India House Estates and Prope South India Travels Private Limited, ACM Educational Foundation, and South India Investments and Associates.

What are the Subsidiaries that comes under SPIC?

Their subsidiaries include Orchard Microsystems Ltd, SPIC Petrochemicals Ltd, SPEL Semiconductor Ltd, Indo-Jordan Chemicals Company Ltd, Ind-Ital Chemicals Ltd and SPIC Fertilizers and Chemicals Ltd Mauritius.