Shivalik Rasayan
Chemicals
SHIVALIK NSE
₹299.65 No trade today
- P/E
- 34.48
Close 4 Nov 2026 ₹299.65 −152.35 −33.7% 1Y
Start ₹452.00
Key Fundamentals
MicrocapFertilizers & AgrochemicalsChemicalsPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 4.76%
- Debt to Equity
- 0.21
- EPS (TTM)
- ₹8.69
- Book Value
- ₹378.08
- Market Cap
- —
- P/E (TTM)
- 34.48
- P/B
- 0.79
- ROE
- 2.18%
- Dividend Yield
- 0.16%
- EBITDA
- ₹49.80 Cr
- 52W High
- ₹467.80
- 52W Low
- ₹206.40
- Volume
- 0
Peer Comparison
Commodities › Chemicals › Pesticides & Agrochemicals
| ₹529.00 | 22.09 | ₹43,728 Cr | 1.28 | 1.16% | 5.64% | 10.10% | ₹52,804 Cr | ₹2,323 Cr | |
| ₹2,187.00 | 28.48 | ₹33,248 Cr | 2.95 | 0.69% | 11.20% | 15.00% | ₹6,516 Cr | ₹1,164 Cr | |
| ₹328.10 | 28.24 | ₹15,980 Cr | 4.43 | 0.41% | 17.60% | 23.50% | ₹3,192 Cr | ₹581 Cr | |
| ₹3,249.90 | 19.95 | ₹14,602 Cr | 4.92 | 4.57% | 23.70% | 29.10% | ₹5,595 Cr | ₹733 Cr | |
| ₹677.95 | 9.77 | ₹6,015 Cr | 1.88 | 2.23% | 23.20% | 30.20% | ₹5,357 Cr | ₹626 Cr | |
| ₹942.75 | 15.83 | ₹4,217 Cr | 2.50 | 0.21% | 18.50% | 23.80% | ₹1,953 Cr | ₹268 Cr | |
| ₹189.67 | 17.23 | ₹3,734 Cr | 1.68 | 1.58% | 10.20% | 14.10% | ₹2,962 Cr | ₹214 Cr | |
| Shivalik Rasayan (this company) | ₹299.65 | 34.48 | ₹476 Cr | 0.79 | 0.16% | 2.18% | 4.76% | ₹375 Cr | ₹20 Cr |
| Median 8 companies | ₹603.48 | 21.02 | ₹10,309 Cr | 2.19 | 0.93% | 14.40% | 19.25% | ₹4,275 Cr | ₹604 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.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
42 Weak
Data confidence 100/100
insider_selling
Category scores
- Quality
- 38
- Weak
- Returns, margins, earnings quality 22% weight
- Valuation
- 41
- Weak
- Cheap vs sector & own history 24% weight
- Growth
- 55
- Good
- Sales & profit trajectory 9% weight
- Financial Health
- 56
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 72
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 31
- Poor
- 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
Strengths
1- Stock is trading at 0.85 times its book value
Weaknesses
3- Promoter holding has decreased over last quarter: -0.83%
- Company has a low return on equity of 2.69% over last 3 years.
- Dividend payout has been low at 5.73% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 5 | 4 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Neutral
Bearish
2
Neutral
5
Bullish
2
Overall
Strong Bearish
Bearish
10
Neutral
5
Bullish
4
Moving Averages
Strong Bearish
Bearish
8
Neutral
0
Bullish
2
Key readings
- RSI (14)
- 36.30
- Neutral
- MACD (12,26,9)
- −15.26
- Bearish
- SMA (50)
- 345.98
- Bearish
- SMA (200)
- 282.53
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +12.84% |
|---|---|
| 5Y | +13.20% |
| 3Y | +16.29% |
| 1Y | +17.95% |
| TTM | +14.88% |
Net profit
| 10Y | +19.62% |
|---|---|
| 5Y | −6.36% |
| 3Y | −15.66% |
| 1Y | −18.18% |
| TTM | +1.44% |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow widened by ₹15 Cr |
| 1Y | Outflow widened by ₹25 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +3.68 pp |
|---|---|
| 5Y | −6.42 pp |
| 3Y | −5.61 pp |
| 1Y | −0.37 pp |
| TTM | −0.55 pp |
Revenue by year
| Mar 2017 | ₹123 Cr |
|---|---|
| Mar 2018 | ₹155 Cr |
| Mar 2019 | ₹171 Cr |
| Mar 2020 | ₹186 Cr |
| Mar 2021 | ₹198 Cr |
| Mar 2022 | ₹215 Cr |
| Mar 2023 | ₹234 Cr |
| Mar 2024 | ₹273 Cr |
| Mar 2025 | ₹312 Cr |
| Mar 2026 | ₹368 Cr |
Net profit by year
| Mar 2017 | ₹8.00 Cr |
|---|---|
| Mar 2018 | ₹15.00 Cr |
| Mar 2019 | ₹21.00 Cr |
| Mar 2020 | ₹22.00 Cr |
| Mar 2021 | ₹25.00 Cr |
| Mar 2022 | ₹34.00 Cr |
| Mar 2023 | ₹30.00 Cr |
| Mar 2024 | ₹18.00 Cr |
| Mar 2025 | ₹22.00 Cr |
| Mar 2026 | ₹18.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 64.47 | 67.05 | 70.23 | 71.23 | 74.63 | 82.44 | 85.31 | 69.39 | 89.31 | 93.84 | 82.04 | 103 | 96.34 |
| Expenses | 53.1 | 57.39 | 61.37 | 61.94 | 65.25 | 70.68 | 71.99 | 63.63 | 78.33 | 81.8 | 71.72 | 90.39 | 85.16 |
| Operating Profit | 11.37 | 9.66 | 8.86 | 9.29 | 9.38 | 11.76 | 13.32 | 5.76 | 10.98 | 12.04 | 10.32 | 12.43 | 11.18 |
| OPM % | 17.64% | 14.41% | 12.62% | 13.04% | 12.57% | 14.26% | 15.61% | 8.3% | 12.29% | 12.83% | 12.58% | 12.09% | 11.6% |
| Other Income | 0.42 | 0.56 | 1.5 | 1.49 | 0.64 | 0.35 | 1.6 | 5.71 | 0.6 | 0.39 | 1.18 | 1.92 | 0.97 |
| Interest | 1.47 | 1.96 | 1.58 | 2.61 | 1.92 | 2.45 | 2.26 | 2.71 | 2.62 | 2.22 | 2.31 | 2.46 | 2.08 |
| Depreciation | 2.81 | 3.44 | 3.01 | 3.11 | 3.5 | 4.66 | 4.84 | 2.78 | 4.82 | 4.73 | 5.06 | 4.16 | 4.41 |
| PBT | 7.51 | 4.81 | 5.77 | 5.06 | 4.6 | 5 | 7.82 | 5.98 | 4.14 | 5.48 | 4.13 | 7.73 | 5.66 |
| Tax % | 13.72% | 45.02% | 24.78% | 9.09% | 16.09% | 11.6% | 11.38% | 13.21% | 31.88% | 21.35% | 11.14% | 7.12% | 20.49% |
| Net Profit | 6.48 | 2.65 | 4.34 | 4.6 | 3.86 | 4.43 | 6.94 | 5.19 | 2.82 | 4.31 | 3.67 | 7.18 | 4.5 |
| EPS (₹) | 2.8 | 1.21 | 1.97 | 2.21 | 2.26 | 2.58 | 3.39 | 2.62 | 1.02 | 1.94 | 1.71 | 2.88 | 2.16 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41 | 110 | 123 | 155 | 171 | 186 | 198 | 215 | 234 | 273 | 312 | 368 | 375 |
| Expenses | 38 | 99 | 105 | 131 | 147 | 157 | 159 | 167 | 191 | 232 | 271 | 321 | 329 |
| Operating Profit | 3 | 10 | 18 | 24 | 24 | 29 | 38 | 47 | 43 | 41 | 41 | 47 | 46 |
| OPM % | 7% | 9% | 15% | 16% | 14% | 16% | 19% | 22% | 19% | 15% | 13% | 13% | 12% |
| Other Income | 0 | 1 | 1 | 3 | 8 | 3 | 1 | 4 | 5 | 4 | 8 | 4 | 4 |
| Interest | 0 | 5 | 6 | 4 | 3 | 2 | 2 | 3 | 5 | 9 | 8 | 11 | 9 |
| Depreciation | 0 | 2 | 2 | 2 | 3 | 4 | 9 | 11 | 12 | 12 | 16 | 19 | 18 |
| PBT | 3 | 5 | 11 | 20 | 26 | 27 | 29 | 37 | 32 | 23 | 25 | 21 | 23 |
| Tax % | 33% | 33% | 25% | 25% | 20% | 17% | 15% | 7% | 6% | 22% | 12% | 16% | — |
| Net Profit | 2 | 3 | 8 | 15 | 21 | 22 | 25 | 34 | 30 | 18 | 22 | 18 | 20 |
| EPS (₹) | 2.1 | 3.66 | 9.84 | 14.39 | 9.88 | 10.17 | 12.77 | 17.68 | 14.32 | 8.17 | 10.6 | 7.87 | 8.69 |
| Div. Payout % | 0% | 0% | 4% | 3% | 5% | 2% | 4% | 3% | 3% | 6% | 5% | 6% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 4 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
| Reserves | 8 | 11 | 7 | 45 | 158 | 169 | 172 | 280 | 412 | 500 | 528 | 591 |
| Borrowings | 0 | 31 | 32 | 22 | 20 | 10 | 29 | 38 | 58 | 76 | 105 | 123 |
| Other Liabilities | 11 | 36 | 52 | 81 | 103 | 142 | 155 | 163 | 101 | 109 | 93 | 97 |
| Total Liabilities | 23 | 81 | 94 | 152 | 288 | 328 | 363 | 488 | 578 | 692 | 734 | 819 |
| Fixed Assets | 7 | 27 | 27 | 40 | 41 | 52 | 210 | 221 | 218 | 214 | 337 | 335 |
| CWIP | 0 | 0 | 0 | 0 | 26 | 102 | 0 | 3 | 57 | 117 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16 | 53 | 66 | 111 | 222 | 175 | 153 | 264 | 303 | 362 | 398 | 484 |
| Total Assets | 23 | 81 | 94 | 152 | 288 | 328 | 363 | 488 | 578 | 692 | 734 | 819 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4 | 12 | 8 | −7 | −8 | 6 | 59 | 11 | −19 | −8 | −9 | −34 |
| Investing | 0 | −18 | −4 | −24 | −24 | −102 | −65 | −23 | −71 | −74 | −21 | −21 |
| Financing | 1 | 3 | −3 | 52 | 100 | 10 | 2 | 78 | 50 | 89 | 21 | 62 |
| Net Cash Flow | 4 | −3 | 2 | 21 | 69 | −86 | −4 | 66 | −40 | 7 | −10 | 6 |
| Free Cash Flow | 3 | 10 | 5 | −22 | −37 | −85 | −6 | −14 | −82 | −76 | −32 | −51 |
| CFO/EBITDA | 161 | 131 | 52 | −21 | −12 | 41 | 171 | 37 | −31 | −9 | −16 | −66 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 77 | 92 | 108 | 111 | 114 | 127 | 119 | 132 | 116 | 113 | 114 |
| Inventory Days | 5 | 64 | 76 | 65 | 71 | 65 | 34 | 148 | 239 | 266 | 268 | 285 |
| Days Payable | 126 | 152 | 137 | 103 | 123 | 171 | 152 | 216 | 208 | 136 | 151 | 155 |
| Cash Conversion Cycle | −41 | −11 | 31 | 71 | 59 | 7 | 9 | 51 | 162 | 245 | 229 | 244 |
| Working Capital Days | −11 | −16 | 11 | 73 | 118 | 145 | 65 | 95 | 136 | 131 | 127 | 156 |
| ROCE % | — | 32% | 32% | 28% | 16% | 11% | 11% | 12% | 8% | 6% | 5% | 5% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Shivalik Rasayan insights
63 extracted metrics across FY10–FY27.
Documents
- 14 Aug 2026
- 13 Feb 2026
Frequently Asked Questions about Shivalik Rasayan
What does Shivalik Rasayan Ltd do?
Incorporated in 1979, Shivalik Rasayan Ltd is a manufacturer of Agrochemicals & Active Pharma Ingredients
Where is Shivalik Rasayan Ltd (SHIVALIK) listed?
Shivalik Rasayan Ltd trades as SHIVALIK on the NSE and under code 539148 on the BSE.
Which sector does Shivalik Rasayan Ltd belong to?
Shivalik Rasayan Ltd is classified under the Chemicals sector, in the Pesticides & Agrochemicals industry.
What is the PE ratio of Shivalik Rasayan Ltd?
Shivalik Rasayan Ltd trades at a PE ratio of 34.48 as of 4 Nov 2026, on earnings per share of ₹8.69, against a book value of ₹378.08 per share.
What is the 52-week high and low of Shivalik Rasayan Ltd?
Over the last 52 weeks Shivalik Rasayan Ltd has traded between ₹206.4 and ₹467.8 as of 4 Nov 2026.
Does Shivalik Rasayan Ltd pay dividends?
Shivalik Rasayan Ltd has a dividend yield of 0.16%.
What is the Return on Equity (ROE) of Shivalik Rasayan Ltd?
Shivalik Rasayan Ltd reported a return on equity of 2.18%. Its debt-to-equity ratio is 0.21.
Company Information
Incorporated in 1979, Shivalik Rasayan Ltd is a manufacturer of Agrochemicals & Active Pharma Ingredients
Website shivalikrasayan.com
CEO Dr. Vimal Kumar Shrawat Ph.D.
Employees 275
Listed 9 Dec 2021
Face Value ₹5
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/SHIVALIK.md for Shivalik Rasayan Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.