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Mahickra Chemicals

MAHICKRA NSE
₹304.00 +9.00 (+3.05%)
View as Markdown
MCP
Close 4 Nov 2026 ₹304.00 +142.90 +88.7% 1Y
Start ₹161.10

Key Fundamentals

SMEChemicals & PetrochemicalsChemicals

Price-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

Mahickra Chemicals peer comparison
₹1,077.95119.11₹8,488 Cr2.430.46%0.54%5.46%₹9,922 Cr₹88 Cr
₹523.45—₹3,368 Cr0.520.00%−9.09%3.40%₹950 Cr₹5,848 Cr
₹169.6931.08₹2,137 Cr1.680.06%1.97%5.59%₹2,267 Cr₹68 Cr
₹594.7526.68₹1,932 Cr2.910.34%12.10%12.90%₹1,002 Cr₹72 Cr
₹354.3520.84₹1,540 Cr2.290.68%7.77%11.00%₹997 Cr₹74 Cr
₹378.4518.27₹869 Cr1.4217.54%8.80%11.40%₹792 Cr₹47 Cr
Mahickra Chemicals (this company)
₹304.00—₹298 Cr4.450.05%10.10%12.70%——
Median 7 companies₹378.4526.68₹1,932 Cr2.290.34%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

51 Average

Data confidence 84/100

surveillance:ASM1

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

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish2512
OscillatorsNeutral252
Moving AveragesStrong Bullish0010

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

Revenue growth by window
5Y+4.27%
3Y+0.96%
1Y+17.78%

Net profit

Net profit growth by window
5Y+10.76%
3Y+18.56%
1Y+66.67%

Operating cash flow

Operating cash flow growth by window
5YOutflow widened by ₹6 Cr
3YTurned negative
1YTurned negative

Operating margin· change in pp

Operating margin growth by window
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

Revenue by year, ₹ crore
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

Net profit by year, ₹ crore
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
MAHICKRA half-yearly results, ₹ crore
Particulars Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 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
MAHICKRA profit and loss, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
MAHICKRA balance sheet, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
MAHICKRA cash flow, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

MAHICKRA financial ratios, annual
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mahickra Chemicals insights

51 extracted metrics across FY18–FY26.

Shareholding Pattern

As of Sep 2026

  • Public 44.39%
  • Promoters 40.10%
  • Others 15.51%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Mahickra Chemicals

What does Mahickra Chemicals Ltd do?
Incorporated in 1997, Mahickra Chemicals Ltd manufacturers, trades & exports Dyes and Chemicals
Where is Mahickra Chemicals Ltd (MAHICKRA) listed?
Mahickra Chemicals Ltd trades as MAHICKRA on the NSE.
Which sector does Mahickra Chemicals Ltd belong to?
Mahickra Chemicals Ltd is classified under the Chemicals sector, in the Dyes & Pigments industry.
What is the 52-week high and low of Mahickra Chemicals Ltd?
Over the last 52 weeks Mahickra Chemicals Ltd has traded between ₹131 and ₹317.95 as of 4 Nov 2026.
Does Mahickra Chemicals Ltd pay dividends?
Mahickra Chemicals Ltd has a dividend yield of 0.05%.
What is the Return on Equity (ROE) of Mahickra Chemicals Ltd?
Mahickra Chemicals Ltd reported a return on equity of 10.10%. Its debt-to-equity ratio is 0.24.

Company Information

Incorporated in 1997, Mahickra Chemicals Ltd manufacturers, trades & exports Dyes and Chemicals

Website mahickra.com
Listed 26 Apr 2018
Face Value ₹10

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