One of the micro-cap stocks engaged in the business of manufacturing chemicals like pyridine, picoline, cyanopyridine, and their derivatives. The stock has jumped by 5.97% after reporting quarterly reports for September of FY2025. It shows a revenue increase of 78.12% YOY and a net profit increase of 289.81% YOY and 207.01% QOQ.
Share Price Movement
After announcing its quarterly results, Resonance Specialities Limited’s share has plunged by 5.97%. The stock opened at Rs 104.27 and is currently trading at Rs 110.50, with a high of Rs. 117.50 and a low of Rs 104. The market capitalization now stands at approximately Rs. 127.56 crore.
What Happened
The bullish movement in the stock price was caused by Resonance Specialities Limited’s recent quarter, which saw an increase in revenue and net profits. According to its recent filing, in the quarter ending September 2024, Resonance Specialities Limited’s revenue from operations has increased by 78.12 percent YOY, from Rs. 10.14 crore in Q2 FY24 to Rs. 18.06 crore in Q2 FY25, and grown by 4.41 percent QoQ from Rs. 17.30 crore in Q1 FY25.
The company’s net profit has increased by 289.81 percent, from Rs. 0.46 crore in Q2 FY24 to Rs. 1.81 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit is up by 207.01 percent QoQ from Rs. 0.59 crore.
Resonance Specialities Limited’s EPS has increased by 297.44 percent from Rs. 0.39 in Q2 FY24 to Rs. 1.55 in Q2 FY25. The EBITDA margin has improved by 155% YOY.
In terms of return ratios, Resonance Specialities Limited’s share ROE and ROCE are currently at 5.23 percent and 7.26 percent, respectively. Resonance Specialities Limited is an almost debt-free company, which has a debt-to-equity ratio of 0.06x.
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Shareholding Pattern:
As of the September 2024 shareholding pattern, Resonance Specialities Limited has majorly held a promoter by 54.25 percent, a foreign institutional investor by 0.03 percent, and the public by 45.72 percent.
About the company
Resonance Specialties Limited manufactures specialty chemicals with a focus on pyridine and its derivatives near Mumbai. The company started operations in 1989 and converted to public status in 1990. The company’s modern facility spans 32,000 square meters in the Tarapur Industrial Zone. They produce essential chemicals including picolines, lutidines, collidines, and cyanopyridines for global markets.
The company serves diverse industries through its specialized product portfolio of chemical compounds. Their pyridine-based products support agrochemicals, pharmaceuticals, food additives, and industrial applications. Resonance Specialties creates vital nutritional products like zinc picolinate and chromium picolinate. The company maintains high manufacturing standards for chemicals used in medicines, pesticides, and herbicides.
Written by – Nikhil Naik
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