ISHANCH

Ishan Dyes and Chemicals Ltd.

BSE: 531109

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Specialty Chemicals

47.08-0.4 (-0.91%)

7 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

5.4 / 100

Value Score

25.5 / 100

Price Momentum Score

11.4 / 100

QVM Score

3.0 / 100

Key Metrics

Market Cap

128.55

P/E (TTM)

P/B

0.90

P/S (TTM)

1.30

EV/EBITDA

40.27

CAPE (5Y)

223.51

ROE (TTM)

-5.78

ROCE (TTM)

-0.52

ROA (TTM)

-2.97

Avg 3Y ROE

-1.54

Earnings 3Y CAGR

-33.75

Sales 3Y CAGR

23.68

Sales 5Y CAGR

1.80

Debt/Equity

0.64

Consensus TP

Strong Buy %

Promoter Holding

40.15

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Ishan Dyes and Chemicals Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Moderate revenue growth and above median growth of industry

The company delivered moderate revenue growth of 16.37% for 12-month ended 30 Jun 2026 and the growth was 3.51 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 12.86

Value 16.37

-39.32704870

Low and declining Debt to Equity

The company has low Debt to Equity of 0.64 as on 30 Jun 2026 and Debt to Equity decreased by 0.25 in the last 1 year

What is Debt to Equity?

Negative

Stock is fairly expensive with negative EPS on a trailing 12-month basis

Earnings yield of -5.65% indicates that the stock is very expensive and has a negative EPS on a trailing 12-month basis

What is Earnings yield (E/P)?

Weak price momentum

Price Momentum score of 11.4 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

11.4 / 100

Low and declining ROE

The company reported low ROE of -5.78% for 12-month ended 30 Jun 2026 and ROE declined by -682 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of -1.03% for 12-month ended 30 Jun 2026 and operating margin declined by -594 bps from 1 year ago

What is Operating profit margin?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -1415.9% for 12-month ended 30 Jun 2026 and the growth was 1432.12 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 35.8 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

35.8 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Ishan Dyes and Chemicals Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Ishan Dyes and Chemicals Ltd. Shareholding Pattern

Quarterly breakdown of Ishan Dyes and Chemicals Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	58.49	58.52	58.52	58.52	58.52	58.52	58.52	58.52	43.29	39.77	39.77	39.77	46.95	46.95	46.95	47.19	47.19	47.19	47.19	47.19	46.73	46.73	37.48	37.48	40.15	40.15
Indian Promoter	58.49	58.52	58.52	58.52	58.52	58.52	58.52	58.52	43.29	39.77	39.77	39.77	46.95	46.95	46.95	47.19	47.19	47.19	47.19	47.19	46.73	46.73	37.48	37.48	40.15	40.15
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	41.51	41.48	41.48	41.48	41.48	41.48	41.48	41.48	56.71	60.23	60.23	60.23	53.05	53.05	53.05	52.81	52.81	52.81	52.81	52.81	53.27	53.27	62.52	62.52	59.85	59.85
Bodies Corporate	0.53	0.58	0.27	1.81	0.17	1.60	1.41	2.40	9.02	7.63	8.36	7.83	7.68	6.65	5.75	5.41	5.35	5.20	4.62	4.61	4.76	4.40	5.26	5.51	5.95	5.77
Others (incl. Retail) No. of shareholders	40.98 3,507	40.90 3,518	41.21 3,558	39.67 3,417	41.31 3,797	39.88 5,404	40.07 5,733	39.08 6,380	47.69 10,605	52.60 11,131	51.87 11,170	52.40 10,633	45.37 10,209	46.40 9,814	47.30 9,403	47.40 9,305	47.46 9,705	47.61 9,435	48.19 9,367	48.20 9,525	48.51 9,321	48.87 9,261	57.26 8,715	57.01 8,970	53.90 8,626	54.08 8,443

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Ishan Dyes and Chemicals Ltd. is not part of any tracked index.

Prominent Investor Holdings

Sharad Kanayalal Shah and Associates

Jun 2025

1.67%

₹ 2 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Ishan Dyes and Chemicals Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Piyushbhai Natvarlal Patel Promoter & Director	March-2026	Preferential Offer (Acquisition) 30th Mar 2026	7.60 %	₹ 63.00	7.41 lac	₹ 4.67 cr
Anilaben Piyushbhai Patel Promoter	March-2026	Preferential Offer (Acquisition) 23rd Mar 2026	9.73 %	₹ 63.00	4.23 lac	₹ 2.67 cr
Anilaben Piyushbhai Patel Promoter	September-2025	Preferential Offer (Acquisition) 22nd Sep 2025	0.00 %	₹ 63.00	22.92 lac	₹ 14.44 cr
Piyushbhai Natvarlal Patel Promoter	September-2025	Preferential Offer (Acquisition) 22nd Sep 2025	0.00 %	₹ 63.00	22.92 lac	₹ 14.44 cr
Piyushbhai Natvarlal Patel Promoter	December-2023	Market Purchase (Acquisition) 14th Dec 2023	9.39 %	₹ 63.03	50.00 k	₹ 31.52 lac
Anilaben Piyushbhai Patel Promoter & Director	March-2023	Preferential Offer (Acquisition) 15th Mar 2023	7.00 %	₹ 61.00	12.50 lac	₹ 7.63 cr
Mirali Hemantbhai Patel Promoter & Director	March-2023	Preferential Offer (Acquisition) 15th Mar 2023	11.73 %	₹ 61.00	5.00 lac	₹ 3.05 cr
Shrinal Piyushbhai Patel Promoter & Director	March-2023	Preferential Offer (Acquisition) 15th Mar 2023	9.02 %	₹ 61.00	7.50 lac	₹ 4.58 cr
Piyushbhai Natvarlal Patel Promoter & Director	February-2022	Market Sale (Disposal) 9th Feb 2022	24.86 %	₹ 123.83	20.00 lac	₹ 24.77 cr
ANILABEN PIYUSHBHAI PATEL Promoter & Director	September-2021	Preferential Offer (Acquisition) 22nd Sep 2021	0.00 %	₹ 61.00	12.50 lac	₹ 7.63 cr

Corporate Actions

History of Ishan Dyes and Chemicals Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1.25/share
Record date: 1st May 2021Ex-date: 29th Apr 2021
Announced on: 19th Apr 2021
Dividend₹ 1/share
Record date: 28th Aug 2020Ex-date: 27th Aug 2020
Announced on: 20th Jul 2020
Rights Issue(46 new shares @ ₹27 for 100 existing shares)
Ex-date: 9th May 2019Announced on: 23rd Apr 2019
Dividend₹ 0.75/share
Record date: 9th Mar 2018Ex-date: 8th Mar 2018
Announced on: 23rd Feb 2018
Bonus1 new shares for 2 existing shares
Ex-date: 14th Feb 2017Announced on: 29th Dec 2016

Company Profile

Overview of Ishan Dyes and Chemicals Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Ishan Dyes and Chemicals Limited is an India-based company, which is engaged in the business of manufacturing, trading, export, import and other deals in chemicals used in dyes and pigments. It operates through the Chemicals segment. The Company is engaged in the business of manufacturing copper pht...

Key personnel

Shri. Chintan Prakashbhai Pancholi

Chief Financial Officer

Ms. Vidushi Jain

Whole-Time Company Secretary, Compliance Officer

Shri. Piyushbhai Natvarlal PatelD

Executive Chairman of the Board, Managing Director

Smt. Mirali Hemantbhai PatelD

Executive Director (Promoter)

Shri. Shrinal Piyushbhai PatelD

Whole Time Director (Promoter)

Ms. Apexa Ajaykumar PanchalD

Non-Executive Independent Director

Mr. Darshan Bipinchand ShahD

Non-Executive Independent Director

Mr. Nirmal TiwariD

Non-Executive Independent Director

View all

Incorporated on

30 Nov 1993

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

146

IPO date

11 Apr 1995

Free Float

1,12,68,210

Website

https://www.ishandyes.com/

Phone no.

+917925832144

Address

18, G.I.D.C. ESTATE PHASE - 1, VATVA, , 382445, India

Frequently Asked Questions

What is the current share price of Ishan Dyes and Chemicals Ltd.?

The current share price of Ishan Dyes and Chemicals Ltd. is ₹ 47.08 as of 7 Oct 2026.

What is the market capitalisation of Ishan Dyes and Chemicals Ltd.?

The market capitalisation of Ishan Dyes and Chemicals Ltd. stands at ₹ 128.55 Cr.

What is the PE ratio of Ishan Dyes and Chemicals Ltd.?

The Price-to-Earnings (PE) ratio of Ishan Dyes and Chemicals Ltd. is - as of the latest trailing twelve months data.

What is the ROE and ROCE of Ishan Dyes and Chemicals Ltd.?

Ishan Dyes and Chemicals Ltd. has a Return on Equity (ROE) of -5.78% and a Return on Capital Employed (ROCE) of -0.52% as per the latest financial reports.

What is the 52-week high and low of Ishan Dyes and Chemicals Ltd.?

The 52-week high of Ishan Dyes and Chemicals Ltd. is - and the 52-week low is -.

What is the dividend yield of Ishan Dyes and Chemicals Ltd.?

The dividend yield of Ishan Dyes and Chemicals Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Ishan Dyes and Chemicals Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 54.08% of Ishan Dyes and Chemicals Ltd. shares.

What sector does Ishan Dyes and Chemicals Ltd. belong to?

Ishan Dyes and Chemicals Ltd. operates in the Chemicals sector.

What is the beta of Ishan Dyes and Chemicals Ltd.?

The beta of Ishan Dyes and Chemicals Ltd. is 0.92, indicating its price volatility relative to the broader market. Over the past 1 year, Ishan Dyes and Chemicals Ltd. has delivered an absolute return of -24.97%.

What is the RSI of Ishan Dyes and Chemicals Ltd.?

The 14-day Relative Strength Index (RSI) of Ishan Dyes and Chemicals Ltd. is 46.46, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Ishan Dyes and Chemicals Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Ishan Dyes and Chemicals Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile

Holdings and Presence