Prasol Chemicals Jumps 8.7% as Q1 Profit More Than Doubles to Rs 61 Crore, Erasing Its Listing-Day Loss
- September 29, 2026
- Posted by: Kunal Singla
- Category: News
Prasol Chemicals Rs 830.00, up 8.67% (29 Sep, 10:22 AM). Q1 profit Rs 61 crore, up 151%. Revenue Rs 433.6 crore, up 36%. Listed 16 Sep 2026 at a discount.
Quick Answer
The Prasol Chemicals share price was Rs 830 at 10:22 AM on 29 September 2026, up 8.67 percent and at a fresh high since listing, after the company reported a 150.7 percent jump in first-quarter profit to Rs 61 crore from Rs 24.3 crore a year earlier. Revenue rose 35.7 percent to Rs 433.6 crore from Rs 319.6 crore. The stock had listed on 16 September 2026 at a discount of about 9.7 percent to its Rs 676 issue price, so today’s rally has pushed it well above where it debuted. Prasol trades at a P/E of 54.33 against an industry figure of 40.09, a premium built on the strength of this quarter’s growth.
Prasol Chemicals Limited, a specialty chemicals manufacturer that makes acetone and phosphorus-based derivatives for the pharmaceutical, agrochemical, paints and personal care industries, reported a sharp jump in first-quarter profit. Net profit rose 150.7 percent year on year to Rs 61 crore from Rs 24.3 crore, while revenue grew 35.7 percent to Rs 433.6 crore from Rs 319.6 crore.
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The results mark a turnaround for a stock that debuted weakly less than two weeks ago. This article covers the numbers, the company’s listing history, live technical levels and the risks behind the Prasol Chemicals share price.
Q1 Results That Reversed a Weak Listing
| Metric | Q1 (current) | Q1 (year ago) | Change |
|---|---|---|---|
| Net profit | Rs 61 crore | Rs 24.3 crore | +150.7% |
| Revenue | Rs 433.6 crore | Rs 319.6 crore | +35.7% |
The Prasol Chemicals share price listed on the NSE and BSE on 16 September 2026 at Rs 610 and Rs 611 respectively, discounts of about 9.6 to 9.8 percent to its Rs 676 issue price, after its Rs 500 crore IPO was subscribed 3.47 times. Today’s rally to Rs 830, and an intraday high of Rs 840.15, takes the stock roughly 22 percent above its issue price and reverses the entire listing-day loss in under two weeks.
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Prasol Chemicals Share Price Today: Numbers and Technical Levels
| Metric | Value (29 Sep, 10:22 AM) |
|---|---|
| Prasol Chemicals share price | Rs 830.00 (up 8.67%) |
| Previous close | Rs 763.80 |
| Day range | Rs 692.80 to Rs 840.15 |
| 52-week high (fresh) | Rs 840.15 |
| IPO issue price | Rs 676 |
| Listing price (16 Sep) | Rs 610 (NSE) |
| Volume so far | 34.46 lakh shares |
| Market cap (Friday close) | Rs 4,518 crore |
| P/E vs industry P/E | 54.33 vs 40.09 |
The Prasol Chemicals share price has touched a fresh high of Rs 840.15 today, more than 24 percent above its Rs 676 IPO issue price and well clear of its Rs 610 listing price. Volume of 34.46 lakh shares is many multiples of a typical session for a recently listed small-cap, showing the results drew heavy trading interest.
Because the stock has traded for under three weeks, standard one-year technical indicators such as RSI and moving averages do not yet have enough price history to be meaningful, so this article relies on the IPO, listing and result data instead of longer-term technical levels.
Financial Strength Behind the Prasol Chemicals Share Price
Behind the Prasol Chemicals share price, FY26 net profit was Rs 83.12 crore on net sales of Rs 1,232.59 crore, according to its IPO filings, with operating profit of Rs 139.32 crore. Return on equity is 18.53 percent and debt to equity is a moderate 0.25.
The company exports to 69 countries and counts more than 1,100 customers, including Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech and Coromandel International, giving it a diversified base rather than dependence on a handful of large clients. Its two Maharashtra plants at Khopoli and Mahad have a combined capacity of about 87,914 tonnes a year.
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Valuation and Risks for the Prasol Chemicals Share Price
At a P/E of 54.33 against an industry figure of 40.09, the Prasol Chemicals share price is already pricing in continued strong growth after just one quarter as a listed company. That is a demanding bar, and any slowdown from this quarter’s 150.7 percent profit growth pace would likely pressure the stock.
Newly listed stocks often see high volatility until a longer trading history builds up, and thin free float in the early weeks after an IPO can amplify price swings in either direction. Dependence on acetone and yellow phosphorus as key raw materials exposes margins to commodity price swings, and export exposure to 69 countries brings currency and demand-cycle risk across multiple markets.
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Conclusion
The Prasol Chemicals share price jumped 8.67 percent to a fresh high of Rs 840.15 after Q1 profit more than doubled to Rs 61 crore, reversing the stock’s weak listing-day debut in under two weeks. A diversified export base across 69 countries and 18.53 percent return on equity are supports, while a P/E of 54.33 against an industry figure of 40.09 and the volatility typical of a newly listed stock are risks. Investors deciding whether to buy Prasol Chemicals shares should watch for confirmation in the next quarter’s results, follow stop-loss levels and consult a SEBI-registered adviser.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Prasol Chemicals share price today?
Ans. The Prasol Chemicals share price was Rs 830 at 10:22 AM on 29 September 2026, up 8.67 percent from Rs 763.80, after touching a fresh high of Rs 840.15.
What were Prasol Chemicals’ Q1 results?
Ans. Net profit rose 150.7 percent year on year to Rs 61 crore from Rs 24.3 crore, and revenue grew 35.7 percent to Rs 433.6 crore from Rs 319.6 crore.
When did Prasol Chemicals list and at what price?
Ans. The stock listed on 16 September 2026 at Rs 610 on the NSE, a discount of about 9.76 percent to its Rs 676 IPO issue price.
How far above its IPO price is Prasol Chemicals now?
Ans. At Rs 830, the stock is about 22 percent above its Rs 676 issue price, having reversed its listing-day discount within two weeks.
What does Prasol Chemicals make?
Ans. It manufactures acetone and phosphorus-based specialty chemicals used in pharmaceuticals, agrochemicals, paints, adhesives and personal care products, exporting to 69 countries.
Is the Prasol Chemicals share price expensive?
Ans. The P/E of 54.33 is above the industry figure of 40.09, so the stock is pricing in continued strong growth after this quarter’s results.
Why are there no RSI or moving-average levels for Prasol Chemicals?
Ans. The stock has traded for under three weeks since listing, so there is not enough price history for standard one-year technical indicators to be meaningful yet.
Should I buy Prasol Chemicals shares after the results?
Ans. Strong growth supports the case, but the stock is newly listed and volatile, and the valuation is already demanding. Use a stop-loss and consult a SEBI-registered adviser.
