Southern Petrochemicals Industries (NSE:SPIC) Total Inventories: ₹940 Mil (As of Mar. 2026)


NSE:SPIC Southern Petrochemicals Industries Corp Ltd NSE:SPIC
78 GF Score
Price ₹69.08
GF Value ₹386.89
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Southern Petrochemicals Industries Total Inventories?

Southern Petrochemicals Industries NSE:SPIC -0.76% 78 Total Inventories is ₹940 Mil as of Mar. 2026. GuruFocus rates NSE:SPIC with a GF Score™ of 78/100 and a GF Value™ of ₹386.89 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Southern Petrochemicals Industries's total inventories for the quarter that ended in Mar. 2026 was ₹940 Mil. Southern Petrochemicals Industries's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹470 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Southern Petrochemicals Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-25.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Petrochemicals Industries's Days Inventory for the three months ended in Mar. 2026 was 9.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern Petrochemicals Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 9.25.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Southern Petrochemicals Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.


Southern Petrochemicals Industries  (NSE:SPIC) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Southern Petrochemicals Industries's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5509.2+0.75 * 139.2+0.5 * 940-11275.1
-0-0)/203.379
=-25.53

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Southern Petrochemicals Industries's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=470/4346.3*365 / 4
=9.87

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Southern Petrochemicals Industries's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=4346.3 / 470
=9.25

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Southern Petrochemicals Industries's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=470 / 5792.5
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Southern Petrochemicals Industries Total Inventories Related Terms


Southern Petrochemicals Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Southern Petrochemicals Industries's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Petrochemicals Industries Total Inventories Chart

Southern Petrochemicals Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,490.24 2,205.00 951.50 803.60 940.00

Southern Petrochemicals Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 803.60 0.00 491.70 0.00 940.00
NSE:SPIC
78GF Score
Southern Petrochemicals Industries Corp Ltd NSE:SPIC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Petrochemicals Industries Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹940 Mil mean?
Southern Petrochemicals Industries (NSE:SPIC) has a Total Inventories of ₹940 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Southern Petrochemicals Industries and its competitors.
Is Southern Petrochemicals Industries' Total Inventories too high?
Southern Petrochemicals Industries' current Total Inventories is ₹940 Mil. Overall, Southern Petrochemicals Industries has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Petrochemicals Industries' Total Inventories compare to CTVA and CF?
Southern Petrochemicals Industries' Total Inventories of ₹940 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Agriculture company?
A good Total Inventories depends on the Agriculture industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Southern Petrochemicals Industries and its competitors. Southern Petrochemicals Industries's current Total Inventories is ₹940 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Petrochemicals Industries stock overvalued right now?
Based on GuruFocus' analysis, Southern Petrochemicals Industries (NSE:SPIC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹386.89, compared to a current price of ₹69.08 — trading 82.1% below its estimated fair value. The current Total Inventories is ₹940 Mil. Southern Petrochemicals Industries' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Southern Petrochemicals Industries (NSE:SPIC), the current Total Inventories is ₹940 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southern Petrochemicals Industries (NSE:SPIC) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Petrochemicals Industries stock appears to be undervalued. The current stock price of ₹69.08 is trading 82.1% below its estimated GF Value™ of ₹386.89. GuruFocus considers Southern Petrochemicals Industries to be Significantly Undervalued.

Key valuation signals for NSE:SPIC:

  • Total Inventories: ₹940 Mil
  • GF Value™: ₹386.89 vs. price of ₹69.08 (82.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the NSE:SPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Petrochemicals Industries Business Description

Address Mount Road, Number 88, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a manufacturer and seller of nitrogenous and phosphatic fertilizers, including urea and neem-coated urea. The company operates a large fertilizer complex in Tuticorin, Tamil Nadu, capable of producing substantial volumes to support agricultural productivity across India. SPIC also provides secondary and micronutrient fertilizers, organic fertilizers, biopesticides, and plant growth regulators to enrich soil and crop health. Its industrial by-products, such as phosphoric acid and sulfuric acid, serve other sectors like cement and aluminum production. Revenue is majorly generated from the sale of fertilizer products through an extensive dealer network serving rural and farming communities nationwide.
78GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹69.08
Price
₹386.89
GF Value