Camlin Fine Sciences (NSE:CAMLINFINE) Net-Net Working Capital: ₹-33.29 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CAMLINFINE Camlin Fine Sciences Ltd NSE:CAMLINFINE
62 GF Score
Price ₹121.44
GF Value ₹143.25
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Camlin Fine Sciences Net-Net Working Capital?

Camlin Fine Sciences NSE:CAMLINFINE -1.98% 62 Net-Net Working Capital is ₹-33.29 as of Mar. 2026. GuruFocus rates NSE:CAMLINFINE with a GF Score™ of 62/100 and a GF Value™ of ₹143.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 589 Chemicals companies, Camlin Fine Sciences ranks worse than 169779.12% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Camlin Fine Sciences's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹-33.29.

The industry rank for Camlin Fine Sciences's Net-Net Working Capital or its related term are showing as below:

NSE:CAMLINFINE's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 7.71
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Camlin Fine Sciences  (NSE:CAMLINFINE) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Camlin Fine Sciences Net-Net Working Capital Related Terms


Camlin Fine Sciences Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Camlin Fine Sciences's Net-Net Working Capital 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.

Camlin Fine Sciences Net-Net Working Capital Chart

Camlin Fine Sciences Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.93 -39.37 -31.24 -24.97 -33.29

Camlin Fine Sciences Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital 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 -24.97 0.00 -25.26 0.00 -33.29

NSE:CAMLINFINE vs LIN, SHW, ECL: Net-Net Working Capital Comparison

For the Specialty Chemicals subindustry, Camlin Fine Sciences's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Camlin Fine Sciences Price-to-Net-Net-Working-Capital vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Camlin Fine Sciences's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Camlin Fine Sciences's Price-to-Net-Net-Working-Capital falls into.


NSE:CAMLINFINE
62GF Score
Camlin Fine Sciences Ltd NSE:CAMLINFINE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camlin Fine Sciences Net-Net Working Capital Calculation

Camlin Fine Sciences's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1118.31+0.75 * 3730.157+0.5 * 5037.419-13230.962
-0--400.735)/192.092
=-33.29

Camlin Fine Sciences's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1118.31+0.75 * 3730.157+0.5 * 5037.419-13230.962
-0--400.735)/192.092
=-33.29

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₹-33.29 mean?
Camlin Fine Sciences (NSE:CAMLINFINE) has a Net-Net Working Capital of ₹-33.29 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Camlin Fine Sciences According to the industry distribution chart, Camlin Fine Sciences ranks #999999 out of 589 companies in the Chemicals industry.
Is Camlin Fine Sciences' Net-Net Working Capital too high?
Camlin Fine Sciences' current Net-Net Working Capital is ₹-33.29. Based on the distribution chart, Camlin Fine Sciences ranks #999999 out of 589 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Camlin Fine Sciences has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Camlin Fine Sciences' Net-Net Working Capital compare to LIN and SHW?
According to the Chemicals industry distribution chart, Camlin Fine Sciences ranks #999999 out of 589 companies for Net-Net Working Capital. This places Camlin Fine Sciences in the lower half of its industry. The industry median Net-Net Working Capital is 7.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Chemicals company?
The median Net-Net Working Capital among Chemicals companies is 7.71, based on 589 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Camlin Fine Sciences For the Chemicals industry, the median Net-Net Working Capital is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Camlin Fine Sciences's current Net-Net Working Capital is ₹-33.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camlin Fine Sciences stock overvalued right now?
Based on GuruFocus' analysis, Camlin Fine Sciences (NSE:CAMLINFINE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹143.25, compared to a current price of ₹121.44 — trading 15.2% below its estimated fair value. The current Net-Net Working Capital is ₹-33.29. Camlin Fine Sciences' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Camlin Fine Sciences (NSE:CAMLINFINE), the current Net-Net Working Capital is ₹-33.29 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 Camlin Fine Sciences (NSE:CAMLINFINE) Overvalued in 2026?

Based on GuruFocus' analysis, Camlin Fine Sciences stock appears to be undervalued. The current stock price of ₹121.44 is trading 15.2% below its estimated GF Value™ of ₹143.25. GuruFocus considers Camlin Fine Sciences to be Modestly Undervalued.

Key valuation signals for NSE:CAMLINFINE:

  • Net-Net Working Capital: ₹-33.29
  • GF Value™: ₹143.25 vs. price of ₹121.44 (15.2% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


Camlin Fine Sciences Business Description

Other Exchanges 532834:India
Address CST Road, Kalina, Floor 2 to 5, In GS Point, Santacruz East, Mumbai, MH, IND, 400 098
Camlin Fine Sciences Ltd is engaged in research, development, manufacturing, commercializing, and marketing of specialty chemicals and blends. These chemicals are used in food, feed, animal and pet nutrition and industrial products. The Company has only one reportable segment, namely, Speciality Chemicals. The company's product portfolio consists of Shelf life solutions, Aroma ingredients, Performance chemicals and Health & Wellness. Shelf life extension solutions include antioxidant solutions which are used to increase the shelf life of oils and. Aroma vertical includes a production of Vanillin and Ethyl Vanillin. Performance Chemicals consist of Guaiacol, Veratrole, TBC, and MEHQ and are used in sectors such as food flavoring, pharmaceuticals intermediate fragrance industry.
62GF Score

Get the complete analysis for NSE:CAMLINFINE

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

₹121.44
Price
₹143.25
GF Value