Mahickra Chemicals

₹117 0 | 0%

WEBSITE BSE:0 NSE : 15 May, 00:00

Market Cap ₹95 Cr.

Stock P/E 0.0

P/B 2.9

Current Price ₹117

Book Value ₹ 40

Face Value 10

52W High ₹159.4

Dividend Yield 0.56%

52W Low ₹ 78.2

Edit Ratio

Mahickra Chemicals Research see more...

Overview Inc. Year: 1994Industry: Chemicals

Mahickra Chemicals Ltd engages within the manufacture and supply of chemical compounds and dyestuffs in India. It offers reactive, acid, and direct dyes; pigment powder and emulsion products; chemical compounds; and synthetic food colors. Mahickra Chemicals Ltd also exports its merchandise to Sri Lanka, Bangladesh, Pakistan, Zimbabwe, the Netherlands, South Africa, Russia, Italy, Turkey, the USA, Indonesia, and Korea. The business enterprise turned into previously called Mahak Dye Chem Industries and changed its name to Mahickra Chemicals Ltd in November 2017. Mahickra Chemicals Ltd became based in 1994 and is based in Ahmedabad, India.

Mahickra Chemicals Share Price

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Price

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Quarterly Price

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Peer Comparison

Mahickra Chemicals Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Mahickra Chemicals Profit & Loss

#(Fig in Cr.)	Mar 2022	Mar 2023
Net Sales	102	103
Other Income	4	4
Total Income	106	107
Total Expenditure	101	101
Operating Profit	6	6
Interest	1	1
Depreciation	0	1
Exceptional Income / Expenses	0	0
Profit Before Tax	5	5
Provision for Tax	1	1
Profit After Tax	3	3
Adjustments	0	0
Profit After Adjustments	3	3
Adjusted Earnings Per Share	4.1	4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	1%	0%	0%	0%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	25%	14%	20%	NA%
ROE Average	11%	11%	11%	11%
ROCE Average	13%	14%	14%	14%

Mahickra Chemicals Balance Sheet

#(Fig in Cr.)	Mar 2022	Mar 2023
Shareholder's Funds	30	32
Minority's Interest	0	0
Borrowings	1	1
Other Non-Current Liabilities	0	0
Total Current Liabilities	34	31
Total Liabilities	65	65
Fixed Assets	2	4
Other Non-Current Assets	3	1
Total Current Assets	60	59
Total Assets	65	65

Mahickra Chemicals Cash Flow

#(Fig in Cr.)	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0
Cash Flow from Operating Activities	3	2
Cash Flow from Investing Activities	-1	-1
Cash Flow from Financing Activities	-2	-1
Net Cash Inflow / Outflow	-0	0
Closing Cash & Cash Equivalent	0	0

Mahickra Chemicals Ratios

#	Mar 2022	Mar 2023
Earnings Per Share (Rs)	4.12	4.05
CEPS(Rs)	4.43	4.72
DPS(Rs)	0.65	0.65
Book NAV/Share(Rs)	36.63	40.01
Core EBITDA Margin(%)	1.7	2.28
EBIT Margin(%)	5.3	5.35
Pre Tax Margin(%)	4.54	4.43
PAT Margin (%)	3.27	3.19
Cash Profit Margin (%)	3.52	3.72
ROA(%)	5.14	5.06
ROE(%)	11.26	10.55
ROCE(%)	13.63	13.38
Receivable days	135.93	132.59
Inventory Days	62.31	64.56
Payable days	97.71	90.3
PER(x)	20.62	24.22
Price/Book(x)	2.32	2.45
Dividend Yield(%)	0.76	0.66
EV/Net Sales(x)	0.77	0.87
EV/Core EBITDA(x)	13.93	14.78
Net Sales Growth(%)	0	0.72
EBIT Growth(%)	0	1.62
PAT Growth(%)	0	-1.97
EPS Growth(%)	0	-1.84
Debt/Equity(x)	0.34	0.31
Current Ratio(x)	1.76	1.91
Quick Ratio(x)	1.25	1.3
Interest Cover(x)	6.99	5.81
Total Debt/Mcap(x)	0.15	0.13

Mahickra Chemicals Shareholding Pattern

#	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024
Promoter	50.02	45.07	47.05	49.82	50.61	51.33	52.18	53.05	53.84	54.95
FII	0	0.59	0.59	0.59	0.59	0.59	0.59	0.59	0.59	0.59
DII	0	2.29	2.29	2.29	2.29	0	0	0	0	0
Public	49.98	52.05	50.07	47.3	46.51	48.08	47.23	46.36	45.57	44.46
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024
Promoter	0.36	0.37	0.38	0.4	0.41	0.42	0.42	0.43	0.44	0.45
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0.02	0.02	0.02	0.02	0	0	0	0	0
Public	0.36	0.42	0.41	0.38	0.38	0.39	0.38	0.38	0.37	0.36
Others	0	0	0	0	0	0	0	0	0	0
Total	0.72	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.81

Pros

Debtor days have improved from 97.71 to 90.3days.
Company is almost debt free.

Cons

Company has a low return on equity of 11% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.