---
title: "Shivchem Agro (SHIVCHEM) Share Price, Financials & Research"
symbol: "544967"
company: "Shivchem Agro Ltd"
canonical: "https://tapetide.com/stocks/544967"
isin: "INE18CU01023"
bse_code: "544967"
sector: "Commodities"
industry: "Fertilizers & Agrochemicals"
generated_at: "2026-11-05T01:42:40.928Z"
---

# Shivchem Agro (SHIVCHEM)

Canonical page: https://tapetide.com/stocks/544967

## Key Facts

- **Close:** ₹26.47 on 4 Nov 2026
- **Promoter holding:** 64.91% in Sep 2026, a change of -24.22 percentage points from Sep 2025

## Company

- **BSE code:** 544967
- **ISIN:** INE18CU01023
- **Macro sector:** Commodities
- **Sector:** Commodities
- **Industry:** Fertilizers & Agrochemicals
- **Basic industry:** Pesticides & Agrochemicals
- **In the F&O segment:** No

## Latest Price

- **Close:** ₹26.47 on 4 Nov 2026

## Key Fundamentals

Price-based figures at the 4 Nov 2026 close · TTM.

- **ROCE:** 30.40%
- **Debt to Equity:** 0.56
- **Book Value:** ₹35.75
- **P/B:** 0.74
- **ROE:** 28.80%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹6.00 Cr
- **52W High:** ₹62.00
- **52W Low:** ₹21.67

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 40.2%

### Weaknesses

- Company has high debtors of 185 days.
- Company's cost of borrowing seems high

## Technical Indicators

As of 4 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Neutral | 3 | 13 | 3 |
| Oscillators | Bullish | 1 | 5 | 3 |
| Moving Averages | Bearish | 2 | 8 | 0 |

### Oscillators: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 12.08 | Bullish |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 6.19 | Bullish |
| ADX (14) | — | Neutral |
| Williams %R (14) | -81.77 | Bullish |
| ATR (14) | 3.63 | Neutral |
| ROC (12) | -41.95 | Bearish |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

### Moving Averages: Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 31.10 | Bearish |
| EMA (10) | 32.20 | Bearish |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 32.87 | 29.67 | 27.79 |
| R2 | 29.67 | 27.84 | 27.35 |
| R1 | 28.07 | 26.70 | 26.91 |
| PP | 24.87 | 24.87 | 24.87 |
| S1 | 23.27 | 23.04 | 26.03 |
| S2 | 20.07 | 21.90 | 25.59 |
| S3 | 18.47 | 20.07 | 25.15 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 3Y | 145% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 22.69% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 3Y | 192% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 25% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 3Y | Turned positive | compounded annual rate, Mar 2023 to Mar 2026: -₹0.68 Cr to ₹1.79 Cr. A cash outflow at the start and an inflow at the end. |
| Operating cash flow | 1Y | Turned positive | fiscal year to Mar 2026 vs the year to Mar 2025: -₹3.00 Cr to ₹1.79 Cr. A cash outflow at the start and an inflow at the end. |
| Operating margin | 3Y | +10.22 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | +2.04 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: No quarterly results are reported.

## Financial Statements

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Sales | 0.39 | 2.28 | 10.86 | 27.19 | 33.36 |
| Expenses | 0.34 | 2.1 | 8.92 | 22.82 | 27.32 |
| Operating Profit | 0.05 | 0.18 | 1.94 | 4.37 | 6.04 |
| OPM % | 12.82% | 7.89% | 17.86% | 16.07% | 18.11% |
| Other Income | 0 | 0 | 0.01 | 0.04 | 0.02 |
| Interest | 0 | 0 | 0.17 | 0.77 | 1.4 |
| Depreciation | 0 | 0.01 | 0.05 | 0.12 | 0.26 |
| Profit before tax | 0.05 | 0.17 | 1.73 | 3.52 | 4.4 |
| Tax % | 20% | 23.53% | 25.43% | 26.14% | 26.14% |
| Net Profit | 0.03 | 0.13 | 1.29 | 2.6 | 3.25 |
| EPS in Rs | 0.19 | 0.81 | 8.06 | 4.93 | 6.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 0.05 | 0.05 | 0.05 | 2.64 | 2.64 |
| Reserves | 0.03 | 0.16 | 1.45 | 7.04 | 10.28 |
| Borrowings | 0.37 | 1.28 | 7.1 | 8.26 | 7.28 |
| Other Liabilities | 0.23 | 1.27 | 7.82 | 18.35 | 24.85 |
| Total Liabilities | 0.68 | 2.76 | 16.42 | 36.29 | 45.05 |
| Fixed Assets | 0.06 | 0.18 | 0.8 | 4.38 | 3.69 |
| CWIP | 0 | 0.09 | 0.75 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.62 | 2.49 | 14.87 | 31.91 | 41.36 |
| Total Assets | 0.68 | 2.76 | 16.42 | 36.29 | 45.05 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | — | -0.68 | -4.34 | -3 | 1.79 |
| Cash from Investing Activity | — | -0.22 | -1.32 | -2.91 | 0.42 |
| Cash from Financing Activity | — | 0.91 | 5.72 | 6.08 | -2.33 |
| Net Cash Flow | — | 0 | 0.06 | 0.17 | -0.11 |
| Free Cash Flow | — | -0.9 | -5.66 | -5.95 | 2.21 |
| CFO/EBITDA | — | -367 | -221 | -60 | 42 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 299 | 155 | 144 | 149 | 185 |
| Inventory Days | — | 270 | 608 | 446 | 402 |
| Days Payable | — | 243 | 404 | 379 | 389 |
| Cash Conversion Cycle | 299 | 182 | 347 | 217 | 199 |
| Working Capital Days | 0 | -11.21 | 57.81 | 106 | 132 |
| ROCE % | — | 17.53% | 37.66% | 32.33% | 30.41% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Sep 2025 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 89.13% | 64.91% |
| FIIs | 0.00% | 0.00% |
| DIIs | 0.00% | 2.95% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 32.14% |
| Others | 10.87% | n/m |
| No. of Shareholders | 41 | 482 |

n/m: Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

## Documents

### Exchange filings

| Date | Document | Category |
| --- | --- | --- |
| 26 Oct 2026 | [Clarification On Price Movement Vide Reference No. L/SURV/ONL/PV/APJ/ 2026-2027 / 4420](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47bb4669-5105-4c9b-b4a0-f944e1b6ff9e.pdf) | General announcements |
| 26 Oct 2026 | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=116cdfa6-2af7-4326-8bc5-a8c751f15b6a.pdf) | General announcements |
| 16 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf1f261e-d1af-443a-907e-e6634a9d1823.pdf) | General announcements |
| 16 Oct 2026 | [Submission Of Non Applicability Under Regulation 15(2)(B) Of SEBI (LODR) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4043c8c1-e742-47fc-8e80-ba3fa5bea869.pdf) | General announcements |
| 16 Oct 2026 | [Declaration Regarding Non-Applicability Of Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dad41df8-632a-4de5-88cb-2ee2b5f2031a.pdf) | General announcements |
| 16 Oct 2026 | [Declaration Regarding Non-Applicability Of Annual Secretarial Compliance Report Under Regulation 24A Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94fee34e-60db-4ee8-91a2-7e8e5ac61a53.pdf) | General announcements |
| 8 Oct 2026 | [Board Meeting Outcome for Change In Registered Office Address Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a885fc0-9c3a-4d0d-b094-d660db84861b.pdf) | Outcome |

## Frequently Asked Questions about Shivchem Agro

### What does Shivchem Agro Ltd do?

Incorporated in September 2021, Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution, and sale of agricultural formulations.

### Where is Shivchem Agro Ltd (SHIVCHEM) listed?

Shivchem Agro Ltd trades under code 544967 on the BSE.

### Which sector does Shivchem Agro Ltd belong to?

Shivchem Agro Ltd is classified under the Commodities sector, in the Fertilizers & Agrochemicals industry.

### What is the 52-week high and low of Shivchem Agro Ltd?

Over the last 52 weeks Shivchem Agro Ltd has traded between ₹21.67 and ₹62 as of 4 Nov 2026.

### What is the Return on Equity (ROE) of Shivchem Agro Ltd?

Shivchem Agro Ltd reported a return on equity of 28.80%. Its debt-to-equity ratio is 0.56.

## Company Information

Incorporated in September 2021, Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution, and sale of agricultural formulations.

- **Face Value:** ₹5

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:12 IST.