MAHICKRA

Mahickra Chemicals Ltd.

NSE: MAHICKRA

SME

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Dyes And Pigments

275.00+17.0 (+6.59%)

6 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

23.0 / 100

Value Score

20.9 / 100

Price Momentum Score

68.2 / 100

QVM Score

23.0 / 100

Key Metrics

Market Cap

268.84

P/E (TTM)

52.16

P/B

4.02

P/S (TTM)

2.53

EV/EBITDA

30.46

CAPE (5Y)

72.80

ROE (TTM)

10.06

ROCE (TTM)

12.70

ROA (TTM)

6.24

Avg 3Y ROE

6.89

Earnings 3Y CAGR

15.74

Sales 3Y CAGR

1.05

Sales 5Y CAGR

4.21

Debt/Equity

0.24

Consensus TP

Strong Buy %

Promoter Holding

40.10

Pledged %

0.00

Stock Analysis

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

Views

Red Flags

Positive

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 52.16 indicates that the stock is expensive on a standalone basis and is at a 251.25% premium to industry median P/E

What is P/E Ratio?

Median: 14.85

Value 52.16

0.5406.29

Company's earnings are of low quality

Earnings quality score of 14.1 indicates that the company's earnings are of low quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

14.1 / 100

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Mahickra 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

Mahickra Chemicals Ltd. Shareholding Pattern

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

	Mar 2017	Sep 2018	Mar 2019	Sep 2019	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
Total Promoter	67.74	48.07	48.07	50.02	45.07	47.05	49.82	50.61	51.33	52.18	53.05	53.84	54.95	51.81	48.57	48.27	40.10
Indian Promoter	67.74	48.07	48.07	50.02	45.07	47.05	49.82	50.61	51.33	52.18	53.05	53.84	54.95	51.81	48.57	48.27	40.10
Foreign Promoter	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-
Institutions	0.00	0.17	0.00	0.00	2.88	2.88	2.88	2.88	0.59	0.59	0.59	0.59	0.59	0.59	0.59	0.00	0.00
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.17	0.00	0.00	2.29	2.29	2.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.59	0.59	0.59	2.88	0.59	0.59	0.59	0.59	0.59	0.59	0.59	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
Non-Institution	32.26	51.76	51.93	49.98	52.05	50.08	47.30	46.51	48.08	47.23	46.36	45.57	44.46	47.60	50.84	51.73	59.90
Bodies Corporate	0.00	2.76	9.94	10.64	8.00	8.00	8.00	7.34	10.03	10.27	9.85	7.76	5.23	4.60	4.60	4.34	4.02
Others (incl. Retail) No. of shareholders	32.26 0	49.00 215	41.99 237	39.34 257	44.05 309	42.08 321	39.30 289	39.17 305	38.05 285	36.96 293	36.51 272	37.81 285	39.23 291	43.00 333	46.24 356	47.39 338	55.88 467

Bulk, Block and Insider Trades

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

Name	Date	Type	Price	Qty.	Value
HETAL NAVIN CHATURVEDI	14 May 2025	sell	₹ 115.10	45.00 k	₹ 51.80 lac
SAGAR PRAVINCHANDRA KHAKHARA	12 May 2025	buy	₹ 113.00	2.01 lac	₹ 2.27 cr
MAYURKUMAR BABUBHAI PATEL	12 May 2025	sell	₹ 113.47	85.50 k	₹ 97.02 lac
SHAH JIGAR ATUL	02 May 2025	sell	₹ 110.27	48.75 k	₹ 53.76 lac
HETAL MAHENDRABHAI SARDHARA	02 May 2025	buy	₹ 110.50	42.00 k	₹ 46.41 lac
HETAL NAVIN CHATURVEDI	28 Mar 2025	sell	₹ 121.45	8.25 k	₹ 10.02 lac
HETAL NAVIN CHATURVEDI	28 Mar 2025	buy	₹ 110.26	49.50 k	₹ 54.58 lac
DHRUV HETALBEN CHANDRAKANT	28 Mar 2025	sell	₹ 105.75	43.50 k	₹ 46.00 lac
DHRUV HETALBEN CHANDRAKANT	28 Jan 2025	buy	₹ 107.34	45.00 k	₹ 48.30 lac
DHRUV HETALBEN CHANDRAKANT	28 Jan 2025	sell	₹ 107.75	750.00	₹ 80.81 k

Corporate Actions

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

Dividend₹ 0.15/share
Record date: 5th Jun 2026Ex-date: 5th Jun 2026
Announced on: 1st Jun 2026
Dividend₹ 0.20/share
Record date: 18th Mar 2025Ex-date: 18th Mar 2025
Announced on: 13th Mar 2025
Dividend₹ 0.30/share
Record date: 23rd Dec 2023Ex-date: 22nd Dec 2023
Announced on: 12th Dec 2023
Dividend₹ 0.65/share
Record date: 3rd Mar 2023Ex-date: 3rd Mar 2023
Announced on: 20th Feb 2023
Dividend₹ 0.40/share
Record date: 25th Feb 2022Ex-date: 24th Feb 2022
Announced on: 11th Feb 2022

Company Profile

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

Mahickra Chemicals Limited is engaged in manufacturing and trading of dyes and chemicals. It operates through the Manufacturing of Dyes and Dyestuffs segment. It specializes in a comprehensive range of reactive dyes branded as Nikazol and Nikafix, widely used in dyeing textiles. It operates four man...

Key personnel

Atul Bachhawat

Chief Financial Officer

Ms. Himali Maheshbhai Thakkar

Company Secretary

Mr. Miteshkumar C. GandhiD

Chairman of the Board, Managing Director

Mr. Ashiskumar Champaklal GandhiD

Whole Time Director

Ms. Komal Miteshkumar GandhiD

Whole Time Director

Ms. Vrusha A. PatelD

Independent Director

Mr. Niren Atinbhai DesaiD

Additional Non-Executive Independent Director

Mrs. Basari Dhanik MehtaD

Additional Non-Executive Independent Director

Incorporated on

13 Nov 2017

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

26 Apr 2018

Free Float

Website

https://mahickra.com/

Phone no.

+917925890811

Address

PLOT NO. 1209, PHASE 3 GIDC VATVA, , 382445, India

Frequently Asked Questions

What is the current share price of Mahickra Chemicals Ltd.?

The current share price of Mahickra Chemicals Ltd. is ₹ 275.00 as of 6 Aug 2026.

What is the market capitalisation of Mahickra Chemicals Ltd.?

The market capitalisation of Mahickra Chemicals Ltd. stands at ₹ 268.84 Cr.

What is the PE ratio of Mahickra Chemicals Ltd.?

The Price-to-Earnings (PE) ratio of Mahickra Chemicals Ltd. is 52.16 as of the latest trailing twelve months data.

What is the ROE and ROCE of Mahickra Chemicals Ltd.?

Mahickra Chemicals Ltd. has a Return on Equity (ROE) of 10.06% and a Return on Capital Employed (ROCE) of 12.70% as per the latest financial reports.

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

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

What is the dividend yield of Mahickra Chemicals Ltd.?

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

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

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 55.88% of Mahickra Chemicals Ltd. shares.

What sector does Mahickra Chemicals Ltd. belong to?

Mahickra Chemicals Ltd. operates in the Chemicals sector.

What is the beta of Mahickra Chemicals Ltd.?

The beta of Mahickra Chemicals Ltd. is -0.06, indicating its price volatility relative to the broader market.

What is the RSI of Mahickra Chemicals Ltd.?

The 14-day Relative Strength Index (RSI) of Mahickra Chemicals Ltd. is 60.44, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Mahickra Chemicals Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Mahickra Chemicals Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile