Mahickra Chemical Limited
NSE: MAHICKRA · Other · sector
₹268.80NSE close 2026-10-26
Key numbers
Market cap₹263 cr
Price₹268.80
52w high / low₹314 / ₹131
P/E42.8xSector median 14.4x
P/B4.6xSector median 1.7x
Book value₹58.4
Dividend yield–Sector median 0.37%
ROE12.2%Sector median 13.8%
ROCE14.9%Sector median 19.6%
OPM7.2%Sector median 10.4%
Debt / equity–Sector median 0.29x
EV/EBITDA32.2xSector median 8.4x
Interest cover5.3x
Current ratio3.06x
Sales growth 3y+1.1%Sector median +7.7%
Profit growth 3y+16.2%Sector median +16.6%
PEG2.72x
Last 12 months to Mar 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Operating profit covered interest 5.3x in the last 12 months.
- Operating cash flow was below net profit in 4 of the last 4 years (FY26, FY25, FY24, FY23).
- Other income was 23% of net profit in the last 12 months.
- No dividend in the last 4 financial years.
- Price ₹268.80 on 2026-10-26: -14.5% from the 52-week high, +105.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹314.50 · low ₹102.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 49 | 36 | 35 | 45 | 43 | 49 | 57 |
| EBITDA | 2 | 1 | -0 | 2 | 0 | 1 | 6 |
| OPM % | 3.7% | 2.1% | -0.3% | 5.1% | 0.4% | 3.0% | 10.8% |
| Other income | 1 | 1 | 2 | 0 | 2 | 1 | 0 |
| Net profit | 2 | 0 | 1 | 1 | 1 | 1 | 4 |
| EPS (₹) | 2.09 | 0.60 | 0.72 | 1.66 | 1.46 | 1.12 | 5.16 |
| Revenue YoY | -11.8% | +34.5% | +61.6% | ||||
| Profit YoY | -30.0% | +85.7% | +620.3% |
Consolidated figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 103 | 72 | 88 | 106 | 106 |
| EBITDA | 2 | 1 | 2 | 8 | 8 |
| Net profit | 3 | 1 | 3 | 5 | 5 |
| EPS (₹) | 4.05 | 1.32 | 3.12 | 6.28 | 6.28 |
| Revenue growth | -30.2% | +22.6% | +20.6% | – | |
| Profit growth | -67.5% | +136.4% | +103.6% | – | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.1% | – | – |
| Net profit | +16.2% | – | – |
| EPS | +15.7% | – | – |
| Share price | – | +59.1% (2y) | +61.6% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | – | – | 28 | 57 |
| Cash & equivalents | – | – | 0 | 16 |
| Total assets | – | – | 68 | 97 |
| Fixed assets | – | – | 5 | 5 |
| Investments | – | – | 0 | 0 |
| Inventory | – | – | 32 | 37 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 2 | -0 | -0 | -8 |
| Cash from investing | -1 | -2 | -0 | -7 |
| Cash from financing | -1 | 2 | 0 | 25 |
| Capex | 0 | 0 | 0 | 0 |
| Free cash flow | 2 | -0 | -0 | -8 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | – | – | 9.2% | 9.0% |
| ROCE % | – | – | 17.5% | 14.9% |
| Inventory days | – | – | 150 | 145 |
| Working capital days | – | – | 122 | 209 |
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| MAHICKRA | ₹263 cr | 42.8x | 4.6x | 12.2% | 14.9% | 7.2% | +1.1% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | MAHICKRA |
| BSE code | – |
| ISIN | INE961Y01015 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-26.