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Chaman Lal Setia Exports Ltd

₹ 2591.81%
14 Jan – close price
🔗maharanirice.in•BSE: 530307•NSE: CLSEL
Market Cap₹ 1,287 Cr.
Current Price₹ 259
High / Low₹ 396
Stock P/E13.7
Book Value₹ 153
Dividend Yield0.97 %
ROCE16.7 %
ROE14.2 %
Face Value₹ 2.00
Sales₹ 1,343 Cr.
OPM9.42 %
Mar Cap₹ 1,287 Cr.

ABOUT

Chaman Lal Setia Exports Limited (CLSE) was incorporated in Amritsar, Punjab in 1994 by Mr. Chaman Lal Setia and his sons.[1]It’s one of the oldest Rice Millers cum Exporters of Basmati rice of all varieties from India.[2]The company is engaged in the business of milling and processing basmati rice. The company has been involved in export operations since 1982 and was recognized as an export house by the Ministry of Commerce in 1989, at present the company is a ‘Star Export House’.[1]

KEY POINTS

Rice varieties[1]Basmati Brands:Maharani, Mithas, BegumNon-basmati brands: Green World Aromatic RiceOther innovative products such as ‘Maharani Diabetics Rice’, ‘Basmati Rice Plus’ andorganic productssuch as ‘Maharani - Brown Basmati Rice’Company's brand contributed to ~10% of revenues, growing by 46% in FY24.[2]Company is India's largest private label exporter with 300+ private label brands.[3]

Also present in buckets:
Aggressive Growth TriggersRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsCredit Rating Updates

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.L T Foods370.9020.2512879.610.81163.8510.422765.7431.2219.189732.8311.13636.13163.853.089.060.43
2.KRBL357.7513.438188.540.98172.1167.631511.0818.9411.846219.5813.47609.51172.111.497.830.01
3.Guj. Ambuja Exp140.1931.166430.100.1838.02-45.151486.6932.1911.465175.426.91206.3338.022.087.180.09
4.Kaveri Seed Co.887.8015.064566.760.56-16.20-2202.99218.9059.2720.081341.7324.55303.15-15.432.5411.110.00
5.GRM Overseas171.0546.393148.280.0014.7660.61362.4314.8813.501351.846.2067.8714.766.627.290.44
6.TruAlt Bioenergy366.5524.683143.260.00-37.94-103.32114.86-70.4114.181907.7216.21146.64-37.94–5.381.10
7.Sanstar95.0886.341732.780.000.63-91.62196.43-4.4511.76812.462.3020.070.632.636.840.03
8.Chamanlal Setia258.8013.671286.900.9718.93-29.10272.95-26.1216.711343.219.4294.1318.931.6910.460.09
–Median: 37 Co.140.5320.25313.560.04.2310.42119.7522.9913.84416.397.4516.374.232.547.110.43

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
266354357263309400384363369395368307273
Expenses
240303309225273348348331333356334278249
Operating Profit
26514939365236323640332924
Other Income
3271242223224
Profit before tax
26505037355231303639322925
Tax %
23%25%25%25%25%25%25%25%25%25%23%25%25%
Net Profit
20373827263923232729252219
EPS in Rs
3.907.247.305.315.077.484.494.375.375.834.944.353.81

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
4165084834937477657988519321,3871,3561,4951,343
Expenses
3834714244296777027197348371,2281,1941,3541,217
Operating Profit
3237596570637911895159162141127
Other Income
2253223341110911
Interest
4645877677101010
Depreciation
3334445556743
Profit before tax
2730575860537011087157155136124
Net Profit
18203739423452826511811610394
EPS in Rs
3.513.757.217.458.056.6510.1415.8512.5622.7522.3520.6918.93
Dividend Payout %
8%10%11%5%5%7%5%4%-0%4%10%12%–

Compounded Sales Growth

10 Years:11%
5 Years:13%
3 Years:17%
TTM:-11%

Compounded Profit Growth

10 Years:18%
5 Years:14%
3 Years:16%
TTM:-15%

Stock Price CAGR

10 Years:17%
5 Years:25%
3 Years:25%
1 Year:-30%

Return on Equity

10 Years:20%
5 Years:19%
3 Years:18%
Last Year:14%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
99910101010101010101010
Reserves
5770101137184215263339399598704723750
Borrowings
6150244473106689611812117512367
Other Liabilities
29374861666483749489105111145
Total Liabilities
157167183252333396424519621818994968972
Fixed Assets
212222222729374852133143156164
Gross Block
39.7242.5344.5948.8557.4462.8174.2189.5799.40185.35201.22216.28–
Accumulated Depreciation
18.7320.2922.3326.4230.3733.4737.3341.8847.0152.4858.2960.35–
CWIP
0-0013210569562
Investments
0010131310000074
Other Assets
135145159228290352376466562676846806733
Total Assets
157167183252333396424519621818994968972

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-212163-17-49-225137-587-3873
Cash from Investing Activity
331-3-10-5-19-8-7-4-6-11
Cash from Financing Activity
26-11-25192226-332215-445-62
Net Cash Flow
81339-1-37-1-051-50-10-0

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
423424254054465168405456
Inventory Days
75625311296113131145184149180142
Days Payable
63465714915334
Cash Conversion Cycle
1109373130131159163186237186231194
Working Capital Days
5045417986107118125157124150141
ROCE %
29%28%46%39%29%20%23%30%19%26%20%17%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
73.87%73.87%73.89%73.89%73.86%73.86%73.86%74.05%74.05%74.05%74.05%74.05%
FIIs
0.34%1.17%1.85%1.72%1.88%1.77%2.04%1.40%1.86%2.01%2.44%2.81%
DIIs
0.00%0.03%0.00%0.38%0.28%0.00%0.00%1.30%2.56%2.62%2.72%1.97%
Public
25.80%24.94%24.26%24.01%23.98%24.37%24.11%23.25%21.52%21.32%20.80%21.17%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Chaman Lal Setia Exports Ltd. Submits SEBI Dematerialization Compliance Certificate

4th April 2026, 7:59 pm

Chaman Lal Setia Exports Announces Investor Conference for March 18, 2026

12th March 2026, 8:24 pm

Chaman Lal Setia Exports Ltd. to Hold Investor Meet with Arihant Capital

28th February 2026, 7:26 pm

Chaman Lal Setia Exports Ltd. to Host Virtual Investor Meeting on March 9, 2026

28th February 2026, 7:10 pm

Chaman Lal Setia Exports Ltd. Q3 FY26 Earnings Call Transcript Discusses Sales Recovery, Export Pricing, and Brand Expansion

17th February 2026, 10:42 pm

Published by Other Websites

External media mentions & references

Iran-Israel Tensions Batter Indian Rice Exporters, Stocks Plunge

2nd March 2026, 9:51 am

Chaman Lal Setia Zooms 17% on Strong Q3FY26 Earnings, Export Boom

13th February 2026, 3:33 pm

Trump's Iran Tariff Threat Rattles Indian Rice Exporters

13th January 2026, 7:43 am

Trump's Shock Tariffs Threat: Indian Rice Stocks Plummet - What Investors MUST Know Now!

9th December 2025, 12:45 pm

US Tariffs Threat! LT Foods Stock PLUMMETS, India's Rice Exports at Risk!

9th December 2025, 10:43 am

News Articles

Editorial & research coverage

Trump's Iran Tariff Threat Rattles Indian Rice Exporters
Trump's Iran Tariff Threat Rattles Indian Rice Exporters

13th January 2026, 7:43 am

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window

24 Dec - Trading window closed from 01.01.2026 until 48 hours after Q4 2025 unaudited results announcement.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

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Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

5 Aug 2025 from crisil

Rating update

7 May 2024 from crisil

Rating update

5 Apr 2023 from crisil

Rating update

17 Nov 2022 from crisil

Rating update

20 Aug 2021 from crisil

Rating update

8 Oct 2020 from care

Concalls

Nov 2025

TranscriptPPT

Aug 2025

TranscriptPPTRecording

Jun 2025

TranscriptPPT

Feb 2025

TranscriptPPTRecording

Nov 2024

TranscriptPPT

Aug 2024

TranscriptPPTRecording

Jun 2024

TranscriptPPT

Feb 2024

TranscriptPPT

Nov 2023

TranscriptPPTRecording

Aug 2023

TranscriptPPT

Jun 2023

TranscriptPPT

Feb 2023

TranscriptPPT

Dec 2022

PPT

Nov 2022

PPT

Aug 2020

Transcript

May 2020

Recording

Jun 2019

Transcript

Stock Analysis

Description

  1. Chaman Lal Setia Exports Limited (CLSE) is a prominent Indian company established in 1994, specializing in the milling and processing of Basmati rice. Recognized as a 'Star Export House,' the company has a long history of export operations dating back to 1982 and offers a diverse range of rice products under brands like Maharani and Mithas.

Key Growth Triggers

  1. Management anticipates a significant resurgence in demand, suggesting the market has bottomed out. Strategic expansions in Karnal (packaging) and Gandhidham (near Mundra port) are progressing to support future growth and revenue expansion, aiming to leverage potential market upturns for sustained profitability.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. The company experienced a significant year-on-year decline in standalone Q2 FY26 revenue (down 26.11%) and PAT (down 29.11%), attributed to market-wide pricing corrections in the rice sector. While management expects market recovery, the short-term performance indicates challenges due to prevailing market conditions.

Key Dates To Watch

  1. Announcement of Q4 FY26 unaudited financial results (expected around mid-January 2026).

Corporate Announcements

4th Apr 26
Impact Rating: 2
Chaman Lal Setia Exports Ltd. has submitted its SEBI compliance certificate for the quarter ended March 31, 2026, confirming proper dematerialization of shares.
12th Mar 26
Impact Rating: 5
Chaman Lal Setia Exports will hold an investor and analyst meeting in Mumbai on March 18, 2026, focusing on publicly available information, as per SEBI regulations.
28th Feb 26
Impact Rating: 4
Chaman Lal Setia Exports Ltd. will engage in a virtual investor meeting with Arihant Capital (Broking) on March 9, 2026. The company will not share any unpublished price-sensitive information.
28th Feb 26
Impact Rating: 5
Chaman Lal Setia Exports Ltd. announced a virtual investor meeting with Arihant Capital (Broking) scheduled for March 9, 2026, from 02:00 PM to 30 PM.
17th Feb 26
Impact Rating: 7
Chaman Lal Setia Exports' Q3 FY26 earnings call discussed a sales recovery with improved pricing for Basmati rice, alongside strategic efforts in international brand expansion and product innovation.