1. India Stocks

  2. •

    Basic Materials

  3. •

    Chemicals - Specialty
Mahickra Chemicals Ltd.

Mahickra Chemicals Ltd.

MAHICKRA.NS
Mahickra Chemicals Ltd.IN flagNational Stock Exchange of India
- -
INR
- -
- -
- -
- -
(- -)

Recent

price

- -

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
26.59
59.64
58.37
47.05
- -
26.98
112.36
127.91
106.53
125.95
126.86
88.54
- -
Revenue per Share
0.13
0.24
0.12
0.21
- -
1.02
2.87
4.06
3.83
4.12
4.05
1.32
- -
Basic EPS, GAAP
0.28
-2.52
0.76
-0.03
- -
-16.41
-6.22
-7.86
-3.86
2.33
1.79
-2.44
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.39
0.2
0.65
0.65
0.3
- -
Dividend per Share
1.35
1.84
2.13
2.15
- -
8.12
14.05
18.45
20.37
23.84
27.24
28.26
- -
Book Value per Share
1.35
1.84
2.13
2.15
- -
10.74
21.15
32.54
33.15
36.63
40.01
41.03
- -
Tangible Book Value per Share
7
7
7
7
7
7
7
7
8
8
8
8
- -
Basic Weighted Avg Shares
192
431
422
340
- -
195
801
943
865
1,023
1,030
719
882
Sales/Revenue/Turnover
2.32
0.7
0.9
0.29
- -
5.11
2.6
2.77
5.47
3.94
4
7.09
4.77
Operating Margin (%)
1
1
1
1
- -
- -
1
1
1
3
6
6
3
Depreciation Expense
1
2
1
2
- -
7
20
30
31
33
33
11
25
Net Income, GAAP
21.91
31.33
45.91
34.91
- -
21.45
29.87
27.59
29.46
27.93
28
28.51
28.19
Effective Tax Rate (%)
0.48
0.4
0.2
0.45
- -
3.78
2.55
3.17
3.59
3.27
3.19
1.49
2.87
Profit Margin (%)
12
12
15
17
- -
76
146
212
241
260
282
276
294
Working Capital
10
7
8
9
- -
6
3
3
8
11
10
4
- -
LT Debt
10
13
15
16
- -
78
151
240
269
297
325
333
357
Total Equity
- -
4.13
3.1
0.88
- -
11.09
8.58
7.66
9.96
7.52
7.21
8.15
6.17
Return on Invested Capital (%)
- -
9
6.88
7.26
- -
14.7
16.56
19.96
14.46
13.06
12.25
5.01
8.73
Return on Capital (%)
- -
15.04
5.99
9.81
- -
25.12
25.71
25.35
20.62
18.65
15.84
4.77
10.49
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.33%
7.11%
Free Cash Flow
- -
-109.67%
-82.44%
Net Income, GAAP
- -
15.64%
135.8%
Sales/Revenue/Turnover
- -
0.62%
22.58%
Total Cash Common Dividend
- -
- -
-33.36%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1,030
2024
- -
- -
- -
- -
719
2025
- -
- -
- -
- -
882

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.05
2024
- -
- -
- -
- -
1.32
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.65
2024
- -
- -
- -
- -
0.3
2025
- -
- -
- -
- -
- -
Similar Companies
Sinolong New Materials Co Ltd (301565.SZ)
Wacker Chemie AG (WKCMF)
Flower One Holdings Inc. (FONWF)
Shinto Paint Company, Limited (4615.T)
Ocean Plastics Co., Ltd. (1321.TW)
Turpaz Industries Ltd (TRPZ.TA)
Business
Mahickra Chemicals Ltd. manufactures, trades, and exports a range of dyestuffs and specialty chemicals, including reactive dyes, direct dyes, acid dyes, synthetic food colors, specialty chemicals, and pigment powders and emulsions. The company, originally founded in 1997 as Mahak Dyechem Industries and renamed Mahickra Chemicals Limited, is headquartered in Ahmedabad, Gujarat, India, at Plot No. 1201-1202, Phase-3, GIDC, and operates primarily in the chemical manufacturing sector with a focus on dyes and pigments for textile, food, and industrial applications. It holds certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, GOTS v7.0, ZDHC Level 3, and OekoTex Ecopassport, and serves domestic and international markets as a government-recognized export house. In recent developments, the company participated in the China Interdye 2024 exhibition in Shanghai to expand its global presence, received Chemexcil's Gold Award for Export of Dyes and Dye Intermediates (2019-20) presented on February 8, 2025, and launched 1 KG packaging for its OekoTex Ecopassport-certified Nikron pigment emulsions series earlier in 2025 to enhance customer convenience. Mahickra listed on the NSE SME platform following its IPO in 2018, acquired industrial land in Saykha for production expansion, and constructed a new production unit, supporting ongoing capacity growth amid revenue of Rs. 88.2 crore and profit of Rs. 2.53 crore for FY 2025.