Mahickra Chemicals
Key Fundamentals
SMEChemicals & PetrochemicalsChemicalsPrice-based figures as of · TTM
- ROCE
- 12.70%
- Debt to Equity
- 0.24
- EPS (TTM)
- —
- Book Value
- ₹68.35
- Market Cap
- —
- P/E (TTM)
- —
- P/B
- 4.45
- ROE
- 10.10%
- Dividend Yield
- 0.05%
- EBITDA
- ₹8.80 Cr
- 52W High
- ₹317.95
- 52W Low
- ₹131.00
- Day Range
- ₹304.00 – ₹304.00
- Volume
- 375
Peer Comparison
Commodities › Chemicals › Dyes & Pigments › Dyes And Pigments
| ₹1,077.95 | 119.11 | ₹8,488 Cr | 2.43 | 0.46% | 0.54% | 5.46% | ₹9,922 Cr | ₹88 Cr | |
| ₹523.45 | — | ₹3,368 Cr | 0.52 | 0.00% | −9.09% | 3.40% | ₹950 Cr | ₹5,848 Cr | |
| ₹169.69 | 31.08 | ₹2,137 Cr | 1.68 | 0.06% | 1.97% | 5.59% | ₹2,267 Cr | ₹68 Cr | |
| ₹594.75 | 26.68 | ₹1,932 Cr | 2.91 | 0.34% | 12.10% | 12.90% | ₹1,002 Cr | ₹72 Cr | |
| ₹354.35 | 20.84 | ₹1,540 Cr | 2.29 | 0.68% | 7.77% | 11.00% | ₹997 Cr | ₹74 Cr | |
| ₹378.45 | 18.27 | ₹869 Cr | 1.42 | 17.54% | 8.80% | 11.40% | ₹792 Cr | ₹47 Cr | |
| ₹304.00 | — | ₹298 Cr | 4.45 | 0.05% | 10.10% | 12.70% | — | — | |
| Median 7 companies | ₹378.45 | 26.68 | ₹1,932 Cr | 2.29 | 0.34% | 7.77% | 11.00% | ₹1,000 Cr | ₹73 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 84/100
Category scores
- Quality
- 54
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 33
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 59
- Good
- Sales & profit trajectory 9% weight
- Financial Health
- 76
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 90
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
No strengths listed
Weaknesses
4- Stock is trading at 4.18 times its book value
- Promoter holding has decreased over last quarter: -8.17%
- The company has delivered a poor sales growth of 4.21% over past five years.
- Company has a low return on equity of 7.38% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 2 | 5 | 12 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Neutral
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 57.33
- Neutral
- MACD (12,26,9)
- 2.30
- Bullish
- SMA (50)
- 283.76
- Bullish
- SMA (200)
- 223.76
- Bullish
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 5Y | +4.27% |
|---|---|
| 3Y | +0.96% |
| 1Y | +17.78% |
Net profit
| 5Y | +10.76% |
|---|---|
| 3Y | +18.56% |
| 1Y | +66.67% |
Operating cash flow
| 5Y | Outflow widened by ₹6 Cr |
|---|---|
| 3Y | Turned negative |
| 1Y | Turned negative |
Operating margin· change in pp
| 5Y | +5.22 pp |
|---|---|
| 3Y | +5.61 pp |
| 1Y | +3.11 pp |
Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.
Revenue by year
| Mar 2018 | ₹20.00 Cr |
|---|---|
| Mar 2019 | ₹80.00 Cr |
| Mar 2020 | ₹94.00 Cr |
| Mar 2021 | ₹86.00 Cr |
| Mar 2022 | ₹102 Cr |
| Mar 2023 | ₹103 Cr |
| Mar 2024 | ₹72.00 Cr |
| Mar 2025 | ₹90.00 Cr |
| Mar 2026 | ₹106 Cr |
Net profit by year
| Mar 2018 | ₹1.00 Cr |
|---|---|
| Mar 2019 | ₹2.00 Cr |
| Mar 2020 | ₹3.00 Cr |
| Mar 2021 | ₹3.00 Cr |
| Mar 2022 | ₹3.00 Cr |
| Mar 2023 | ₹3.00 Cr |
| Mar 2024 | ₹1.00 Cr |
| Mar 2025 | ₹3.00 Cr |
| Mar 2026 | ₹5.00 Cr |
Half-yearly Results
₹ Cr| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 45 | 34 | 53 | 42 | 60 | 54 | 49 | 37 | 35 | 45 | 43 | 49 | 57 |
| Expenses | 45 | 33 | 52 | 41 | 60 | 53 | 47 | 36 | 36 | 42 | 43 | 48 | 51 |
| Operating Profit | 0 | 1 | 1 | 2 | 0 | 0 | 2 | 2 | −1 | 2 | 0 | 1 | 6 |
| OPM % | 0% | 2.9% | 2.1% | 3.6% | 0.3% | 0.9% | 3.7% | 4.1% | −2.5% | 5% | 0.4% | 3% | 11% |
| Other Income | 2 | 1 | 2 | 1 | 3 | 2 | 1 | 0 | 2 | 0 | 2 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 1 | 2 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 6 |
| Tax % | 16% | 29% | 29% | 28% | 28% | 29% | 27% | 29% | 28% | 25% | 31% | 32% | 24% |
| Net Profit | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 0 | 1 | 1 | 1 | 1 | 4 |
| EPS (₹) | 1.54 | 1.29 | 2.54 | 2.06 | 2.07 | 1.96 | 2.09 | 0.6 | 0.71 | 1.66 | 1.47 | 1.12 | 4.35 |
Profit & Loss
₹ Cr| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 20 | 80 | 94 | 86 | 102 | 103 | 72 | 90 | 106 |
| Expenses | 19 | 79 | 94 | 84 | 101 | 101 | 71 | 86 | 99 |
| Operating Profit | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 4 | 8 |
| OPM % | 3.9% | 1.3% | 0.6% | 2.4% | 1.7% | 2.4% | 0.9% | 5% | 7% |
| Other Income | 0 | 2 | 4 | 3 | 4 | 4 | 2 | 1 | 1 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| PBT | 1 | 3 | 4 | 4 | 5 | 5 | 2 | 4 | 7 |
| Tax % | 21% | 30% | 28% | 30% | 28% | 28% | 29% | 28% | 25% |
| Net Profit | 1 | 2 | 3 | 3 | 3 | 3 | 1 | 3 | 5 |
| EPS (₹) | 1.44 | 2.82 | 3.68 | 3.83 | 4.12 | 4.04 | 1.32 | 3.11 | 5.28 |
| Div. Payout % | 0% | 0% | 8% | 5% | 16% | 16% | 23% | 6% | 3% |
Balance Sheet
₹ Cr| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 10 |
| Reserves | 3 | 8 | 16 | 19 | 22 | 24 | 25 | 28 | 57 |
| Borrowings | 6 | 5 | 6 | 11 | 10 | 10 | 13 | 15 | 16 |
| Other Liabilities | 20 | 23 | 21 | 20 | 25 | 21 | 14 | 17 | 14 |
| Total Liabilities | 35 | 43 | 50 | 58 | 65 | 63 | 61 | 68 | 97 |
| Fixed Assets | 1 | 1 | 1 | 1 | 2 | 4 | 5 | 5 | 5 |
| CWIP | 0 | 0 | 2 | 3 | 3 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 34 | 42 | 47 | 54 | 61 | 59 | 55 | 63 | 92 |
| Total Assets | 35 | 43 | 50 | 58 | 65 | 63 | 61 | 68 | 97 |
Cash Flow
₹ Cr| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating | −11 | −4 | −3 | −2 | 3 | 2 | −1 | 0 | −8 |
| Investing | −1 | 0 | −2 | −1 | −1 | −1 | −1 | 0 | −7 |
| Financing | 13 | 3 | 6 | 3 | −2 | −1 | 2 | 0 | 25 |
| Net Cash Flow | 1 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 9 |
| Free Cash Flow | −12 | −4 | −6 | −3 | 2 | 1 | −2 | 0 | −8 |
| CFO/OP | −1,417 | −328 | −397 | −59 | 259 | 149 | −75 | 12 | −84 |
Ratios
| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 313 | 108 | 106 | 143 | 136 | 130 | 119 | 104 | 115 |
| Inventory Days | 212 | 42 | 49 | 71 | 72 | 78 | 143 | 150 | 145 |
| Days Payable | 416 | 111 | 83 | 89 | 98 | 77 | 72 | 73 | 51 |
| Cash Conversion Cycle | 109 | 39 | 72 | 125 | 110 | 132 | 190 | 180 | 210 |
| Working Capital Days | 116 | 66 | 82 | 101 | 93 | 100 | 140 | 119 | 152 |
| ROCE % | — | 20% | 20% | 15% | 14% | 14% | 6% | 10% | 13% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Mahickra Chemicals insights
51 extracted metrics across FY18–FY26.
Documents
- 5 Oct 2026
- 30 Sep 2026
- 28 Sep 2026
- 8 Sep 2026
- 5 Sep 2026
Frequently Asked Questions about Mahickra Chemicals
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Company Information
Incorporated in 1997, Mahickra Chemicals Ltd manufacturers, trades & exports Dyes and Chemicals
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