Mahickra Chemicals Ltd (MAHICKRA) — shareholding pattern, promoter holding, financials and share price
About Mahickra Chemicals Ltd (MAHICKRA)
Mahickra Chemicals Ltd operates in the Dyes And Pigments industry, within the Chemicals sector. It trades on the NSE as MAHICKRA and on the BSE under scrip code 535075. Its ISIN is INE961Y01015.
Incorporated in 1997, Mahickra Chemicals Ltd manufacturers, trades & exports Dyes and Chemicals [1]
Mahickra Chemicals Limited specializes in manufacturing reactive dyes, especially black reactive dyes, catering primarily to the textiles and garment industry.
Since its formation as a public company in 2017, the company has expanded its manufacturing capabilities and introduced new products like pigment pastes and specialty chemicals.
Listed peers in Dyes And Pigments: Asahi Songwon Colors Ltd, Ushanti Colour Chem Ltd, Poddar Pigments Ltd, AksharChem (India) Ltd, Hindprakash Industries Ltd, Prolife Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹240 a share on 10 Jul 2026, Mahickra Chemicals Ltd (MAHICKRA) was valued at a price-to-earnings ratio of 45.54x against an industry P/E of 45.11x and a price-to-book of 3.51x on a book value of ₹68.35 per share. Solomo computes return on equity of 7.71% and return on capital employed of 10.27% from filed results.
- P/E
- 45.54x
- Industry P/E
- 45.11x
- P/B
- 3.51x
- EPS (TTM)
- ₹3.12
- Book value / share
- ₹68.35
- ROE
- 7.71%
- ROCE
- 10.27%
- ROA
- 5.32%
- Debt / equity
- 0.24x
- Dividend yield
- 0.06%
- EBITDA margin
- 8.29%
- 52-week range
- ₹125.05 – ₹287
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mahickra Chemicals Ltd (MAHICKRA) reported revenue of ₹106 crore, net profit of ₹5 crore and earnings per share of ₹5.27. That compares with revenue of ₹88 crore and net profit of ₹3 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹57 crore and net profit ₹4 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 102 | 103 | 72 | 88 | 106 |
| Net profit (₹ cr) | 3 | 3 | 1 | 3 | 5 |
| EPS (₹) | 4.12 | 4.05 | 1.32 | 3.11 | 5.27 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | -1.33% | -4.84% | 22.58% |
| Profit growth | -3.28% | -8.88% | 136.45% |
| Stock price CAGR | 26% | 47% | 92% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 40.1% of Mahickra Chemicals Ltd (MAHICKRA). Market capitalisation was ₹235 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Mar 2026: Yogeshkumar Shantilal Doshi 3.08%, SAGAR PRAVINCHANDRA KHAKHARA 2.57%, NATIONAL STOCK EXCHANGE OF INDIA LIMITED ACCOUNT KARVY STOCK BROKING LIMITED 1.84%, Chandresh G Patel 1.44%, INDO KP VENTURES LLP 1.27%, Harishbhai Jayantilal Lakhani 1.24%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 40.1% | - | - | - | - |
| Sep 2025 | 48.27% | - | - | - | - |
| Mar 2025 | 48.57% | - | - | - | - |
| Sep 2024 | 51.81% | - | - | - | - |
| Mar 2024 | 54.95% | - | - | - | - |
| Sep 2023 | 53.84% | - | - | - | - |
| Mar 2023 | 53.05% | - | - | - | - |
| Sep 2022 | 52.18% | - | - | - | - |