Resonance Specialities Ltd

Resonance Specialities Ltd (RESONANCE) is a micro-cap Chemicals company valued at ₹219 crore operating in Specialty Chemicals on the NSE and BSE.

Recent price move

Resonance Specialities Ltd last traded at ₹189.1, down 4.64% on the day.

Recent developments

2026-09-30: Promoter holding remained at 54.25%, indicating no significant change in ownership. 2026-06-30: The company reported a sharp rise in both revenue and net profit for the latest quarter, reflecting improved performance. 2026-03-31: The company's financials showed continued growth, with revenue and net profit rising compared to the prior quarter.

Financial performance

The company's business is improving, with annual revenue rising 16.0% and net profit growing 58.3%. The latest quarter saw revenue jump 53.2% and net profit surge 252.1% compared to the same quarter a year earlier, driven by stronger margins that widened 3.1 percentage points to 11.5%.

Valuation multiples

The stock trades at 21.0 times earnings, 2.84 times book value. It yields 0.6%.

Things to watch

The stock is 5.5% below its 52-week high, which may indicate a pullback from recent peak levels. While the company remains almost debt-free, the recent surge in net profit may not be sustainable if market conditions change. The 5-year profit growth has been negative, suggesting potential challenges in maintaining past performance.

Where it stands

Resonance Specialities Ltd has shown strong growth in both revenue and net profit, with the latest quarter marking a significant increase. The company's net profit margin has improved, and its return on equity remains at 14.2%. The stock is currently 5.5% below its 52-week high, but the company's financials remain solid with low debt.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.