Clean Science & Technology Limited (CSTL), incorporated in 2003, is a globally renowned fine and specialty chemical manufacturer. The company is recognized for its innovative and sustainable catalytic manufacturing processes, which are both cost-effective and eco-friendly. CSTL specializes in producing critical specialty chemicals, including Performance Chemicals like MEHQ, BHA, and AP, Pharmaceutical Intermediates such as Guaiacol and DCC, and FMCG Chemicals like 4-MAP and Anisole. Driven by technocrat promoters, CSTL emphasizes continuous innovation, in-house R&D, and cutting-edge manufacturing. With a strong focus on ESG, corporate governance, and employee engagement, CSTL is committed to creating long-term value through technological leadership and sustainable practices.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 74.98% | 74.98% | 74.98% | 74.97% | 74.97% |
FIIs + | 5.92% | 5.88% | 6.05% | 5.83% | 5.98% |
DIIs + | 5.13% | 5.04% | 4.55% | 4.77% | 5.46% |
Public + | 13.98% | 14.11% | 14.42% | 14.43% | 13.59% |
No. of Shareholders | 2,78,653 | 2,79,395 | 2,73,841 | 2,54,629 | 2,46,798 |
The shareholding pattern of Clean Science & Technology Limited (CSTL) demonstrates stability among key stakeholders with minor fluctuations over the year. Promoters consistently maintained a significant majority, holding 74.98% of shares until September 2024, after which it marginally reduced to 74.97% by December 2024. Foreign Institutional Investors (FIIs) exhibited slight variations, ranging from 5.92% in December 2023 to 6.05% in June 2024, before ending at 5.98% in December 2024. Domestic Institutional Investors (DIIs) saw a gradual increase from 5.13% in December 2023 to 5.46% by the end of 2024, indicating growing interest. Public shareholding fluctuated between 13.98% in December 2023 and 14.43% in September 2024, settling at 13.59% by December 2024. The number of shareholders steadily declined from 2,78,653 in December 2023 to 2,46,798 by December 2024.
Below are the trading platforms that you can use to purchase Clean Science & Technology shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
February 2025 | 1,517.99 | 1,167.68 |
March 2025 | 1,549.87 | 1,192.21 |
April 2025 | 1,534.52 | 1,180.40 |
May 2025 | 1,489.83 | 1,146.02 |
June 2025 | 1,556.87 | 1,197.59 |
July 2025 | 1,526.34 | 1,174.11 |
August 2025 | 1,573.55 | 1,210.42 |
September 2025 | 1,592.43 | 1,224.95 |
October 2025 | 1,633.83 | 1,256.80 |
November 2025 | 1,674.68 | 1,288.22 |
December 2025 | 1,750.04 | 1,346.19 |
As we move through 2025, the share price projections for Clean Science & Technology are expected to show a steady upward trajectory. Starting in February, the maximum price is projected to reach ₹1,517.99, while the minimum price may hover around ₹1,167.68. By December, the maximum price is anticipated to climb to ₹1,750.04, with the minimum price potentially touching ₹1,346.19, reflecting consistent growth throughout the year.
When | Maximum Price | Minimum Price |
January 2026 | 1,802.54 | 1,386.57 |
February 2026 | 1,757.48 | 1,351.91 |
March 2026 | 1,792.63 | 1,378.94 |
April 2026 | 1,829.21 | 1,407.09 |
May 2026 | 1,811.10 | 1,393.15 |
June 2026 | 1,856.38 | 1,427.98 |
July 2026 | 1,819.98 | 1,399.98 |
August 2026 | 1,876.27 | 1,443.28 |
September 2026 | 1,913.79 | 1,472.15 |
October 2026 | 1,963.55 | 1,510.42 |
November 2026 | 2,012.64 | 1,548.18 |
December 2026 | 2,062.96 | 1,586.89 |
As we progress in 2026, the share price of Clean Science & Technology is expected to exhibit steady growth. In January, the maximum price is projected to reach ₹1,802.54, while the minimum price may stand at ₹1,386.57. By December, the maximum price is anticipated to climb to ₹2,062.96, with the minimum price potentially reaching ₹1,586.89.
When | Maximum Price | Minimum Price |
January 2027 | 2,083.59 | 1,602.76 |
February 2027 | 2,137.01 | 1,643.85 |
March 2027 | 2,220.35 | 1,707.96 |
April 2027 | 2,176.82 | 1,674.48 |
May 2027 | 2,113.42 | 1,625.70 |
June 2027 | 2,208.52 | 1,698.86 |
July 2027 | 2,165.21 | 1,665.55 |
August 2027 | 2,232.18 | 1,717.06 |
September 2027 | 2,310.31 | 1,777.16 |
October 2027 | 2,370.37 | 1,823.37 |
November 2027 | 2,429.63 | 1,868.95 |
December 2027 | 2,490.37 | 1,915.67 |
When | Maximum Price | Minimum Price |
January 2028 | 2,540.18 | 1,953.99 |
February 2028 | 2,605.32 | 2,004.09 |
March 2028 | 2,706.92 | 2,082.25 |
April 2028 | 2,653.85 | 2,041.42 |
May 2028 | 2,576.55 | 1,981.96 |
June 2028 | 2,692.49 | 2,071.15 |
July 2028 | 2,639.70 | 2,030.54 |
August 2028 | 2,721.34 | 2,093.34 |
September 2028 | 2,816.59 | 2,166.61 |
October 2028 | 2,889.82 | 2,222.94 |
November 2028 | 2,962.06 | 2,278.51 |
December 2028 | 3,036.12 | 2,335.47 |
When | Maximum Price | Minimum Price |
January 2029 | 3,096.84 | 2,382.18 |
February 2029 | 3,176.24 | 2,443.26 |
March 2029 | 3,300.12 | 2,538.55 |
April 2029 | 3,235.41 | 2,488.78 |
May 2029 | 3,141.17 | 2,416.29 |
June 2029 | 3,282.53 | 2,525.02 |
July 2029 | 3,218.16 | 2,475.51 |
August 2029 | 3,317.69 | 2,552.07 |
September 2029 | 3,433.81 | 2,641.39 |
October 2029 | 3,523.09 | 2,710.07 |
November 2029 | 3,611.17 | 2,777.82 |
December 2029 | 3,701.45 | 2,847.27 |
When | Maximum Price | Minimum Price |
January 2030 | 3,775.48 | 2,904.21 |
February 2030 | 3,872.29 | 2,978.68 |
March 2030 | 4,023.30 | 3,094.85 |
April 2030 | 3,944.42 | 3,034.17 |
May 2030 | 3,829.53 | 2,945.79 |
June 2030 | 4,001.86 | 3,078.35 |
July 2030 | 3,923.39 | 3,017.99 |
August 2030 | 4,044.73 | 3,111.33 |
September 2030 | 4,186.30 | 3,220.23 |
October 2030 | 4,295.14 | 3,303.96 |
November 2030 | 4,402.52 | 3,386.55 |
December 2030 | 4,512.58 | 3,471.22 |
In 2030, the share price of Clean Science & Technology is expected to exhibit significant growth. As we enter January, the maximum price is projected to reach ₹3,775.48, with a minimum of ₹2,904.21. Moving through the year, the prices are anticipated to climb steadily, and by December, the maximum price could rise to ₹4,512.58, while the minimum price may stand at ₹3,471.22
Clean Science & Technology Financial Condition
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 419 | 512 | 685 | 936 | 791 | 884 |
Expenses + | 234 | 253 | 385 | 533 | 459 | 519 |
Operating Profit | 186 | 260 | 300 | 403 | 332 | 365 |
OPM % | 44% | 51% | 44% | 43% | 42% | 41% |
Other Income + | 11 | 25 | 30 | 30 | 41 | 43 |
Interest | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | 14 | 17 | 25 | 36 | 46 | 57 |
Profit before tax | 182 | 267 | 305 | 396 | 326 | 350 |
Tax % | 23% | 26% | 25% | 25% | 25% | |
Net Profit + | 140 | 198 | 228 | 295 | 244 | 258 |
EPS in Rs | 1,051.67 | 18.68 | 21.51 | 27.78 | 22.97 | 24.23 |
Dividend Payout % | 2% | 134% | 15% | 18% | 22% |
Clean Science & Technology has demonstrated steady growth across key financial metrics over the years. Sales have increased from ₹419 crore in March 2020 to ₹936 crore in March 2023, reflecting strong demand for its specialty chemical products. However, sales moderated to ₹791 crore in March 2024 before improving to ₹884 crore in the trailing twelve months (TTM). Despite fluctuations, the company has consistently maintained robust operational efficiency, as evidenced by its OPM%, which has remained in the range of 41%-51%. Operating profit grew from ₹186 crore in March 2020 to ₹403 crore in March 2023, with a TTM figure of ₹365 crore.
Other income has steadily increased, reaching ₹43 crore in the TTM period, highlighting additional revenue streams. With minimal interest expenses due to a debt-light structure, the company reported healthy profit before tax, rising from ₹182 crore in March 2020 to ₹396 crore in March 2023, and ₹350 crore in the TTM period. Net profit mirrored this trajectory, growing from ₹140 crore in March 2020 to ₹295 crore in March 2023, before settling at ₹258 crore in the TTM. Clean Science & Technology’s commitment to efficient cost management and strong fundamentals is evident in these results.
Shareholders have benefited from consistent returns, with EPS improving significantly from ₹1,051.67 in March 2020 (adjusted for split) to ₹27.78 in March 2023 and ₹24.23 in the TTM. The dividend payout ratio has steadily risen, reaching 22% in March 2024, reflecting the company’s balance between rewarding shareholders and reinvesting for future growth. Clean Science & Technology continues to emphasize financial resilience and sustainable growth.
FAQs
What is the current market capitalization of Clean Science & Technology?
As of January 22nd, 2025, the market cap is quite strong, standing at ₹15,173 Crores.
Clean Science & Technology’s shares are currently trading at ₹1,428 as of January 22nd, 2025.
Looking ahead, the share price is expected to range between ₹1,146.02 to ₹1,750.04 by 2025.
The long-term outlook is optimistic, with a projected range of ₹3,471.22 to ₹4,512.58 by December 2030.
What is the current Price-to-Earnings (PE) ratio of Clean Science & Technology?
Currently, the stock’s PE ratio is at a reasonable 58.9.
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Conclusion
In conclusion, Clean Science & Technology Limited (CSTL) stands as a beacon of innovation and sustainability in the specialty chemicals sector. With a robust financial performance, steady growth in sales, profits, and shareholder returns, and a firm commitment to ESG principles, the company is well-positioned for long-term value creation. The share price projections for 2025 to 2030 indicate a positive growth trajectory, underpinned by strong fundamentals, efficient operations, and a focus on cutting-edge research and development. Investors can find confidence in CSTL’s stability, strategic vision, and consistent delivery of shareholder value.
What did we learn?
- 1 Shareholdings Patterns of Clean Science & Technology
- 2 How to Buy Clean Science & Technology Shares in India?
- 3 Clean Science & Technology Share Price Prediction: 2025 – 2030
- 3.1 Clean Science & Technology Share Price Target 2025
- 3.2 Clean Science & Technology Share Price Target 2026
- 3.3 Clean Science & Technology Share Price Prediction 2027
- 3.4 Clean Science & Technology Share Price Target 2028
- 3.5 Clean Science & Technology Share Price Prediction 2029
- 3.6 Clean Science & Technology Share Price Target 2030
- 4 Clean Science & Technology Financial Condition
- 5 FAQs
- 5.1 What is the current market capitalization of Clean Science & Technology?
- 5.2 What is the current share price of Clean Science & Technology?
- 5.3 What is the share price target for Clean Science & Technology in 2025?
- 5.4 What is the share price target for Clean Science & Technology in 2030?
- 5.5 What is the current Price-to-Earnings (PE) ratio of Clean Science & Technology?
- 6 Conclusion