Mehul Colours Ltd.

Mehul Colours Ltd.

BBSE:MEHUL
49.00
INR
-0.61
(-1.23%)
559.84MMarket Cap
Mehul Colours Ltd.
BSE:MEHUL
(Bombay Stock Exchange)

Recent

price

49.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
2026
TTM
INR
19.21
20.08
20.79
21.63
28.82
- -
Revenue per Share
1.37
2.79
3.05
5.22
4.95
- -
Basic EPS, GAAP
-0.02
4.1
1.31
0.87
-1.91
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
5.14
7.92
10.96
16.17
39.12
39.12
Book Value per Share
5.14
7.92
10.96
16.17
39.12
39.12
Tangible Book Value per Share
11
11
11
11
11
9
Basic Weighted Avg Shares
203
212
219
228
304
- -
Sales/Revenue/Turnover
9.34
18.83
16.87
29.4
18.87
- -
Operating Margin (%)
2
2
3
3
4
- -
Depreciation Expense
14
29
32
55
52
- -
Net Income, GAAP
25.43
28.3
25.97
25.67
25.76
- -
Effective Tax Rate (%)
7.14
13.88
14.67
24.11
17.18
- -
Profit Margin (%)
45
42
57
78
255
255
Working Capital
- -
- -
- -
- -
7
7
LT Debt
54
84
116
171
413
413
Total Equity
- -
40.79
28.43
35.31
14.41
- -
Return on Invested Capital (%)
- -
42.02
32.08
38.13
17.36
- -
Return on Capital (%)
- -
42.68
32.32
38.46
17.91
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
2
13
LT Borrowings
- -
- -
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
- -
825
560

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
93
348
283
Cash, Cash Equivalents & STI
13
202
173
Accounts Receivable, Net
55
113
80
Inventories
21
23
23
Total Current Liabilities
15
51
29
Payables & Accruals
- -
- -
- -
ST Debt
- -
2
13
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
141.89%
Free Cash Flow
- -
- -
-318.23%
Net Income, GAAP
- -
- -
-5.09%
Sales/Revenue/Turnover
- -
- -
33.22%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
219
2025
108
- -
228
2026
142
- -
304

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.05
2025
2.42
- -
5.22
2026
3.98
- -
4.95

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Mehul Colours Ltd. is an India-based specialty chemical company engaged in the research, development, manufacture, and distribution of organic pigments, pigment preparations, and colourant solutions. The company operates primarily within the specialty chemicals and dyestuffs industry, providing a broad portfolio of synthetic organic colourants; Phthalocyanine pigments, including Copper Phthalocyanine (CPC) crude, Alpha Blue, Beta Blue, and Phthalocyanine Green 7; Azo pigments, including Toluidine Red, Permanent Red, Rubine Red, and Fast Yellow; aqueous and solvent-based pigment dispersions; dye intermediates; and customized masterbatches. Its products serve diverse commercial and industrial end-markets, supplying manufacturers of printing inks, industrial and architectural paints and coatings, plastics and polymers, textiles, synthetic fibres, rubber, paper, and packaging materials. The company distributes its products domestically across India and exports to international markets throughout Asia, Europe, the Middle East, and the Americas. Founded in 1994 and headquartered in Mumbai, Maharashtra, India, Mehul Colours operates manufacturing and quality control facilities situated in the industrial corridor of Gujarat. In recent developments, the company has undertaken major capacity expansion initiatives across its core pigment processing units, introduced sustainable low-volatile organic compound (low-VOC) and heavy-metal-free pigment formulations to comply with international environmental regulations, and expanded its global supply chain and export distribution agreements across key industrial markets.