Shree Hari Chemicals Export
Shree Hari Chemicals Export
ChemicalsKey Fundamentals
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Key Insights
Strengths
2- Company is expected to give good quarter
- Company has delivered good profit growth of 36.2% CAGR over last 5 years
Weaknesses
3- Stock is trading at 3.50 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.5% over last 3 years.
Growth Rate
Quarterly Results
| 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 | 29.39 | 39.05 | 36.98 | 32.49 | 30.87 | 36.28 | 39.02 | 35.03 | 24.32 | 74.49 | 44.49 | 41.22 | 54.91 |
| Expenses | 31.71 | 37 | 34.69 | 31.13 | 29.61 | 32.45 | 34.58 | 33.97 | 25.63 | 69.2 | 42.23 | 40.7 | 46.39 |
| Operating Profit | -2.32 | 2.05 | 2.29 | 1.36 | 1.26 | 3.83 | 4.44 | 1.06 | -1.31 | 5.29 | 2.26 | 0.52 | 8.52 |
| OPM % | -7.89% | 5.25% | 6.19% | 4.19% | 4.08% | 10.56% | 11.38% | 3.03% | -5.39% | 7.1% | 5.08% | 1.26% | 15.52% |
| Other Income | 3.92 | 0.3 | 0.31 | 0.25 | 0.13 | 0.38 | 0.24 | 0.13 | 0.21 | 0.56 | 0.27 | 2.01 | 0.64 |
| Interest | 0.74 | 0.7 | 0.65 | 0.58 | 0.62 | 0.64 | 0.6 | 0.51 | 0.56 | 0.5 | 0.56 | 0.54 | 0.54 |
| Depreciation | 0.56 | 0.57 | 0.57 | 0.58 | 0.5 | 0.5 | 0.54 | 0.61 | 0.55 | 0.55 | 0.55 | 0.7 | 0.71 |
| PBT | 0.3 | 1.08 | 1.38 | 0.45 | 0.27 | 3.07 | 3.54 | 0.07 | -2.21 | 4.8 | 1.42 | 1.29 | 7.91 |
| Tax % | 43.33% | 25% | 25.36% | 37.78% | 25.93% | 27.04% | 25.14% | 57.14% | -24.89% | 26.25% | 9.15% | 17.83% | 25.41% |
| Net Profit | 0.16 | 0.81 | 1.04 | 0.28 | 0.21 | 2.24 | 2.65 | 0.02 | -1.66 | 3.54 | 1.29 | 1.06 | 5.89 |
| EPS in Rs | 0.36 | 1.82 | 2.34 | 0.63 | 0.47 | 5.04 | 5.96 | 0.04 | -3.37 | 7.18 | 2.33 | 1.91 | 9.33 |
Profit & Loss
| 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 | 131 | 101 | 115 | 55 | 51 | 57 | 56 | 76 | 103 | 138 | 141 | 184 | 215 |
| Expenses | 81 | 100 | 116 | 64 | 53 | 58 | 54 | 76 | 126 | 135 | 131 | 177 | 199 |
| Operating Profit | 50 | 1 | -1 | -10 | -3 | -1 | 2 | 0 | -23 | 4 | 11 | 7 | 17 |
| OPM % | 38% | 1.4% | -1% | -18% | -5% | -1% | 3.7% | 0.3% | -23% | 2.7% | 8% | 3.8% | 8% |
| Other Income | 2 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 1 | 3 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 2 | 2 | 2 |
| Depreciation | 3 | 3 | 3 | 4 | 3 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 3 |
| PBT | 49 | 1 | -2 | -12 | -4 | -2 | 1 | 1 | -26 | 3 | 7 | 5 | 15 |
| Tax % | 34% | -19% | 10% | -27% | -15% | -17% | 32% | 37% | -25% | 29% | 26% | 20% | — |
| Net Profit | 32 | 1 | -2 | -9 | -4 | -2 | 1 | 1 | -20 | 2 | 5 | 4 | 12 |
| EPS in Rs | 72.13 | 2.52 | -4.25 | -19.7 | -8.03 | -3.6 | 1.89 | 1.53 | -44.53 | 5.15 | 10.38 | 7.62 | 20.75 |
| Div. Payout % | 3% | 40% | -24% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 6 |
| Reserves | 47 | 48 | 46 | 37 | 33 | 32 | 32 | 33 | 14 | 16 | 27 | 39 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 30 | 27 | 26 | 29 |
| Other Liabilities | 42 | 45 | 32 | 15 | 8 | 21 | 23 | 33 | 42 | 24 | 28 | 29 |
| Total Liabilities | 93 | 98 | 82 | 56 | 46 | 57 | 60 | 93 | 90 | 72 | 87 | 102 |
| Fixed Assets | 15 | 13 | 17 | 15 | 12 | 10 | 8 | 15 | 18 | 18 | 17 | 21 |
| CWIP | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 4 | 0 | 1 | 4 | 8 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 12 |
| Other Assets | 78 | 82 | 64 | 41 | 34 | 47 | 50 | 74 | 70 | 53 | 65 | 62 |
| Total Assets | 93 | 98 | 82 | 56 | 46 | 57 | 60 | 93 | 90 | 72 | 87 | 102 |
Cash Flow
| 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 | 27 | 6 | 5 | 4 | -5 | 0 | -1 | 5 | -4 | 10 | -1 | 11 |
| Investing | -5 | -1 | -4 | 1 | 1 | 1 | 0 | -11 | -2 | -1 | -5 | -19 |
| Financing | -1 | -1 | -1 | -1 | 0 | 0 | 0 | 5 | 6 | -5 | 4 | 8 |
| Net Cash Flow | 21 | 3 | 1 | 4 | -4 | 1 | -1 | -1 | 0 | 3 | -3 | 0 |
| Free Cash Flow | 20 | 3 | 0 | 4 | -5 | 0 | -1 | -6 | -6 | 8 | -7 | 1 |
| CFO/OP | 85 | 695 | -491 | -41 | 196 | -14 | -49 | 2,278 | 16 | 266 | -14 | 162 |
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 | 37 | 48 | 73 | 58 | 36 | 134 | 157 | 81 | 98 | 58 | 73 | 48 |
| Inventory Days | 148 | 71 | 60 | 79 | 81 | 88 | 89 | 358 | 97 | 37 | 56 | 37 |
| Days Payable | 105 | 108 | 111 | 97 | 53 | 177 | 198 | 257 | 156 | 78 | 115 | 72 |
| Cash Conversion Cycle | 80 | 12 | 22 | 39 | 63 | 44 | 48 | 182 | 39 | 16 | 14 | 13 |
| Working Capital Days | 29 | 24 | 38 | 48 | 49 | 68 | 83 | 64 | -47 | -37 | -18 | -21 |
| ROCE % | 135% | 2% | -3% | -26% | -11% | -5% | 3% | 5% | -46% | 12% | 18% | 11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Company Information
Incorporated in 1987, Shree Hari Chemicals Export Ltd is a manufacturer of H-Acid[1]
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