Machhar Industries Limited

Machhar Industries Limited

MACIND.BO
Machhar Industries LimitedIN flagBombay Stock Exchange
308.00
INR
- -
- -
228.19MMarket Cap
Machhar Industries Limited
MACIND.BO
(Bombay Stock Exchange)

Recent

price

308.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
251.93
248.17
194.31
218.01
231.52
228.55
211.66
- -
209.99
Revenue per Share
7.19
7.63
32.68
12.06
4.87
8.38
2.05
- -
7.87
Basic EPS, GAAP
-3.05
4.7
12.79
2.32
-27.48
-7.15
-0.05
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
141.89
149.52
130.8
135.69
140.5
109.37
111.42
- -
10
Book Value per Share
150.48
155.55
141.97
147.83
154.02
124.17
123.51
- -
130.79
Tangible Book Value per Share
1
1
1
1
1
1
1
- -
1
Basic Weighted Avg Shares
187
184
144
162
172
169
157
156
156
Sales/Revenue/Turnover
2.34
1.14
6.39
4.89
2.51
3.72
0.25
4.79
4.72
Operating Margin (%)
8
6
5
5
4
5
4
4
4
Depreciation Expense
5
6
24
9
4
6
2
6
6
Net Income, GAAP
7.04
- -
- -
29.27
19.43
23.04
18.8
30.57
30.57
Effective Tax Rate (%)
2.85
3.07
16.82
5.53
2.1
3.67
0.97
3.75
3.75
Profit Margin (%)
15
13
27
45
43
48
47
51
51
Working Capital
3
1
- -
1
11
7
5
3
3
LT Debt
111
115
105
110
114
92
92
97
97
Total Equity
- -
- -
- -
4.79
2.83
4.12
0.29
4.37
4.3
Return on Invested Capital (%)
- -
- -
- -
8.87
4.77
7.15
3.54
10.08
9.99
Return on Capital (%)
- -
5.24
23.32
9.05
3.53
6.71
1.85
12.97
12.97
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
10
- -
22
LT Borrowings
3
- -
3
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1
- -
1
Market Capitalization
183
170
208

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
69
- -
85
Cash, Cash Equivalents & STI
48
- -
53
Accounts Receivable, Net
15
- -
16
Inventories
3
- -
12
Total Current Liabilities
19
- -
34
Payables & Accruals
- -
- -
- -
ST Debt
10
- -
22
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-1.14%
5.89%
Free Cash Flow
- -
-3,316.67%
-15,043.59%
Net Income, GAAP
- -
31.71%
284.7%
Sales/Revenue/Turnover
- -
1.79%
-0.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39
40
38
52
169
2025
47
36
34
40
157
2026
35
36
41
44
156

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
1
0.43
- -
8.38
2025
1.57
0.21
-1.08
1.04
2.05
2026
1.54
0.28
3.88
2.17
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Machhar Industries Limited manufactures ammonium nitrate and diesel exhaust fluid. The company produces various grades of ammonium nitrate, a key raw material for industrial explosives that is also used directly as an explosive when mixed with fuel oil; offers AdBlue, marketed under the Yuni Blue brand and certified by Verband der Automobilindustrie-Germany, ISO 9001:2015, ISO 22241, and Bureau of Indian Standards IS 17042; and provides transportation services for chemicals. Incorporated in 2008 through the demerger of Anil Chemicals & Industries Limited and promoted by the Machhar Group, Machhar Industries maintains its headquarters in Aurangabad, Maharashtra, India, with manufacturing facilities at GIDC industrial area, Panoli near Ankleshwar in Gujarat for ammonium nitrate (installed capacity of 42,000 tons per annum, sourced from Gujarat Narmada Valley Fertilizers) and at Chitegaon, Aurangabad for AdBlue (installed capacity of 6 million liters per annum). The company serves customers including open-cast mines, Indian Oil Corporation Limited, Solar Industries Limited, Gulf Oil Corporation Limited, and Orica Limited, primarily in the Indian market across chemicals, explosives, automotive emissions control, and logistics segments. Machhar Industries listed its equity shares on the BSE in July 2023; operates a joint venture with Utsav Logistics Private Limited for AdBlue manufacturing and sales facilities; and engages in related-party transactions for DEF sales and rentals within regulatory limits approved by the audit committee and board.