BASF India Ltd, a subsidiary of the global chemical leader BASF SE, has been a cornerstone of the Indian chemical industry for over a century. Headquartered in Mumbai, the company offers a diverse portfolio of innovative and sustainability-focused products across six key segments: Agricultural Solutions, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Chemicals. BASF India provides tailored solutions to a wide array of industries, including agriculture, automotive, construction, electronics, energy, home care, personal care, pharmaceuticals, and textiles. Its offerings range from crop protection and digital farming solutions in agriculture to advanced performance materials like engineering plastics and polyurethane solutions. The company emphasizes sustainability in its operations, balancing economic growth with environmental stewardship and social responsibility. With a strong focus on research and development, BASF India continuously drives innovation to address the evolving needs of its customers and society. Supported by a robust network of production sites, R&D centers, and offices across India, BASF India employs a talented workforce committed to delivering excellence. The company also actively contributes to community welfare through corporate social responsibility (CSR) initiatives focused on education, health, environmental protection, and community development. As part of the BASF Group, which operates in nearly every country with approximately 110,000 employees globally, BASF India is well-positioned to create chemistry for a sustainable future.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 73.33% | 73.33% | 73.33% | 73.33% | 73.33% |
| FIIs + | 3.81% | 4.12% | 4.35% | 4.44% | 4.24% |
| DIIs + | 6.63% | 6.67% | 5.97% | 6.27% | 6.24% |
| Public + | 16.21% | 15.87% | 16.34% | 15.94% | 16.19% |
| No. of Shareholders | 51,068 | 48,219 | 50,412 | 54,552 | 61,747 |
The shareholding pattern of BASF India Ltd showcases a stable distribution among key stakeholder categories throughout 2023 and 2024. The promoters maintained a consistent majority ownership of 73.33% across all quarters, underscoring their long-term commitment to the company. Foreign Institutional Investors (FIIs) exhibited a slight upward trend, increasing from 3.81% in December 2023 to 4.44% in September 2024, before slightly declining to 4.24% in December 2024. Domestic Institutional Investors (DIIs) held a fluctuating stake, starting at 6.63% in December 2023 and showing minor variations, ending at 6.24% by December 2024.
The public shareholding remained relatively steady, ranging from 15.87% to 16.34%, reflecting consistent retail investor interest. Notably, the number of shareholders saw a significant rise, growing from 51,068 in December 2023 to 61,747 by the end of December 2024, indicating increasing participation from individual and institutional investors in BASF India Ltd.
News on BASF India
BASF India Ltd. has recently commenced construction of a new state-of-the-art microcellular polyurethane (MCU) plant at its facility in Dahej, India. This expansion aims to bolster the production capacity of its Cellasto product line, a high-performance microcellular polyurethane solution widely used in automotive applications for reducing noise, vibration, and harshness (NVH). The plant, slated to begin operations in the second half of 2026, will feature an advanced mold line in its initial phase to cater to the growing demand for Cellasto in India and global markets. This strategic investment underscores BASF India’s commitment to enhancing local manufacturing capabilities while driving innovation in material solutions for the automotive and industrial sectors.
Below are the trading platforms that you can use to purchase BASF India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| March 2025 | 4,344.77 | 3,342.13 |
| April 2025 | 4,301.75 | 3,309.04 |
| May 2025 | 4,176.46 | 3,212.66 |
| June 2025 | 4,364.40 | 3,357.23 |
| July 2025 | 4,278.82 | 3,291.40 |
| August 2025 | 4,411.16 | 3,393.20 |
| September 2025 | 4,464.09 | 3,433.92 |
| October 2025 | 4,580.16 | 3,523.20 |
| November 2025 | 4,694.66 | 3,611.28 |
| December 2025 | 4,905.92 | 3,773.78 |
As we step into 2025, the share prices of BASF India are expected to demonstrate a dynamic trend. By March 2025, the share price may reach a maximum of ₹4,344.77 and a minimum of ₹3,342.13. As we approach December 2025, the share price is anticipated to climb further, with a potential maximum of ₹4,905.92 and a minimum of ₹3,773.78.
| When | Maximum Price | Minimum Price |
| January 2026 | 5,053.10 | 3,887.00 |
| February 2026 | 4,926.77 | 3,789.82 |
| March 2026 | 5,025.31 | 3,865.62 |
| April 2026 | 5,127.86 | 3,944.51 |
| May 2026 | 5,077.09 | 3,905.46 |
| June 2026 | 5,204.02 | 4,003.09 |
| July 2026 | 5,101.98 | 3,924.60 |
| August 2026 | 5,259.77 | 4,045.98 |
| September 2026 | 5,364.97 | 4,126.90 |
| October 2026 | 5,504.46 | 4,234.20 |
| November 2026 | 5,642.07 | 4,340.05 |
| December 2026 | 5,783.12 | 4,448.55 |
As we move into 2026, the share prices of BASF India are projected to maintain an upward trajectory. By January 2026, the share price is expected to reach a maximum of ₹5,053.10 and a minimum of ₹3,887.00. As we progress toward December 2026, the share price is anticipated to rise further, potentially achieving a maximum of ₹5,783.12 and a minimum of ₹4,448.55.
| When | Maximum Price | Minimum Price |
| January 2027 | 5,840.95 | 4,493.04 |
| February 2027 | 5,990.72 | 4,608.25 |
| March 2027 | 6,224.36 | 4,787.97 |
| April 2027 | 6,102.31 | 4,694.09 |
| May 2027 | 5,924.57 | 4,557.37 |
| June 2027 | 6,191.18 | 4,762.45 |
| July 2027 | 6,069.79 | 4,669.07 |
| August 2027 | 6,257.51 | 4,813.47 |
| September 2027 | 6,476.52 | 4,981.94 |
| October 2027 | 6,644.91 | 5,111.47 |
| November 2027 | 6,811.04 | 5,239.26 |
| December 2027 | 6,981.31 | 5,370.24 |
| When | Maximum Price | Minimum Price |
| January 2028 | 7,120.94 | 5,477.64 |
| February 2028 | 7,303.53 | 5,618.10 |
| March 2028 | 7,588.36 | 5,837.20 |
| April 2028 | 7,439.57 | 5,722.75 |
| May 2028 | 7,222.89 | 5,556.07 |
| June 2028 | 7,547.92 | 5,806.09 |
| July 2028 | 7,399.92 | 5,692.24 |
| August 2028 | 7,628.78 | 5,868.29 |
| September 2028 | 7,895.79 | 6,073.68 |
| October 2028 | 8,101.08 | 6,231.60 |
| November 2028 | 8,303.61 | 6,387.39 |
| December 2028 | 8,511.20 | 6,547.07 |
| When | Maximum Price | Minimum Price |
| January 2029 | 8,681.42 | 6,678.01 |
| February 2029 | 8,904.02 | 6,849.25 |
| March 2029 | 9,251.28 | 7,116.37 |
| April 2029 | 9,069.88 | 6,976.83 |
| May 2029 | 8,805.71 | 6,773.62 |
| June 2029 | 9,201.96 | 7,078.43 |
| July 2029 | 9,021.53 | 6,939.64 |
| August 2029 | 9,300.55 | 7,154.27 |
| September 2029 | 9,626.07 | 7,404.67 |
| October 2029 | 9,876.35 | 7,597.19 |
| November 2029 | 10,123.26 | 7,787.12 |
| December 2029 | 10,376.34 | 7,981.80 |
| When | Maximum Price | Minimum Price |
| January 2030 | 10,583.86 | 8,141.43 |
| February 2030 | 10,855.25 | 8,350.19 |
| March 2030 | 11,278.60 | 8,675.85 |
| April 2030 | 11,057.45 | 8,505.73 |
| May 2030 | 10,735.39 | 8,257.99 |
| June 2030 | 11,218.48 | 8,629.60 |
| July 2030 | 10,998.51 | 8,460.39 |
| August 2030 | 11,338.67 | 8,722.06 |
| September 2030 | 11,735.53 | 9,027.33 |
| October 2030 | 12,040.65 | 9,262.04 |
| November 2030 | 12,341.67 | 9,493.59 |
| December 2030 | 12,650.21 | 9,730.93 |
As we progress into 2030, the share prices of BASF India are expected to exhibit substantial growth. By January 2030, the share price is projected to reach a maximum of ₹10,583.86 and a minimum of ₹8,141.43. As we progress through the year, the share prices are anticipated to rise steadily, culminating in December 2030 with a maximum of ₹12,650.21 and a minimum of ₹9,730.93. This outlook underscores a strong and promising performance trajectory for BASF India shares, reflecting sustained market confidence.
Financial Condition of BASF India
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 7,595 | 9,558 | 13,100 | 13,645 | 13,767 | 15,333 |
| Expenses + | 7,316 | 8,926 | 12,188 | 12,958 | 12,878 | 14,404 |
| Operating Profit | 279 | 633 | 911 | 687 | 890 | 930 |
| OPM % | 4% | 7% | 7% | 5% | 6% | 6% |
| Other Income + | -4 | 419 | 37 | 53 | 76 | 98 |
| Interest | 83 | 38 | 17 | 14 | 16 | 15 |
| Depreciation | 181 | 174 | 171 | 182 | 191 | 188 |
| Profit before tax | 10 | 840 | 760 | 543 | 759 | 825 |
| Tax % | -131% | 34% | 22% | 26% | 26% | |
| Net Profit + | 23 | 553 | 595 | 403 | 563 | 614 |
| EPS in Rs | 5.28 | 127.67 | 137.42 | 93.08 | 130.15 | 141.76 |
| Dividend Payout % | 57% | 8% | 4% | 9% | 12% |
BASF India has demonstrated significant financial growth and resilience over the past five years, with sales increasing from ₹7,595 crore in March 2020 to ₹15,333 crore in the trailing twelve months (TTM) ending March 2024. This reflects the company’s ability to scale operations and adapt to evolving market conditions. Despite rising expenses, which grew from ₹7,316 crore in March 2020 to ₹14,404 crore in the TTM, the company has maintained its focus on operational efficiency. Operating profit rose from ₹279 crore to ₹930 crore over the same period, supported by stable operating profit margins (OPM) peaking at 7% in March 2021 and 2022. The company’s ability to optimize its cost structure and enhance productivity has been instrumental in sustaining these margins, even amidst fluctuating market dynamics.
Profitability metrics further highlight BASF India’s robust performance. Net profit increased from a modest ₹23 crore in March 2020 to ₹614 crore in the TTM, while earnings per share (EPS) surged from ₹5.28 to ₹141.76 during this period, underscoring value creation for shareholders. Profit before tax (PBT) rose steadily to ₹825 crore in the TTM, supported by declining interest costs and consistent depreciation levels. Notably, other income contributed positively, with a peak of ₹419 crore in March 2021, providing an additional boost to profitability. While dividend payouts have been conservative, increasing from 4% in March 2022 to 12% in March 2024, this strategy highlights BASF India’s focus on reinvesting earnings for future growth. These financial trends showcase the company’s strong foundation and commitment to long-term value creation for stakeholders.
FAQs
What is the current market capitalization of BASF India?
BASF India’s current market capitalization stands at ₹18,223 crore.
As of February 28th, 2025, BASF India’s share price is ₹4,210.
The projected share price target for BASF India by December 2025 is ₹4,905.92.
By December 2030, BASF India’s projected share price target is ₹12,650.21.
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BASF India: A Comprehensive Analysis of Growth and Resilience
BASF India Ltd, as a subsidiary of BASF SE, has established itself as a leader in the Indian chemical industry with a diversified portfolio and a commitment to sustainability. The company’s shareholding pattern reflects stability and growing investor interest, as seen in the increasing number of shareholders. Recent developments, such as the construction of a microcellular polyurethane plant, further highlight its focus on innovation and local manufacturing capabilities.
Financially, BASF India has demonstrated steady growth, with rising sales, improved operating margins, and consistent profitability over the years. The company’s share price predictions for 2025-2030 indicate a positive trajectory, reflecting market confidence in its operations and potential. With a robust focus on R&D, sustainability, and community welfare, BASF India remains well-positioned to achieve long-term success and deliver value to its stakeholders.
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