Shre Push Chem & Fert Ltd
NSE: SHREEPUSHK · Dyes And Pigments · sector
₹490.65NSE close 2026-10-26
Key numbers
Market cap₹1,587 cr
Price₹490.65
52w high / low₹545 / ₹272
P/E22.0xSector median 17.5x
P/B2.6xSector median 1.5x
Book value₹188.7
Dividend yield0.41%Sector median 0.44%
ROE12.6%Sector median 10.0%
ROCE12.6%Sector median 11.3%
OPM10.2%Sector median 10.2%
Debt / equity0.21xSector median 0.21x
EV/EBITDA15.4xSector median 10.8x
Interest cover15.6x
Current ratio1.68x
Sales growth 3y+12.6%Sector median +4.5%
Profit growth 3y+23.5%Sector median +7.9%
PEG0.99x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Dyes And Pigments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹132 cr vs borrowings ₹127 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 15.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 20% of net profit in the last 12 months.
- Debtor days went from 80 (FY24) to 67 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹490.65 on 2026-10-26: -10.0% from the 52-week high, +80.1% 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 ₹512.50 · low ₹226.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 176 | 217 | 219 | 255 | 255 | 249 | 218 | 280 |
| EBITDA | 19 | 22 | 25 | 29 | 26 | 22 | 22 | 32 |
| OPM % | 10.9% | 10.3% | 11.3% | 11.4% | 10.3% | 8.9% | 10.1% | 11.4% |
| Other income | 3 | 2 | 2 | 4 | 3 | 5 | 2 | 5 |
| Net profit | 13 | 16 | 17 | 21 | 18 | 18 | 13 | 23 |
| EPS (₹) | 4.14 | 4.93 | 5.12 | 6.48 | 5.63 | 5.59 | 3.98 | 7.09 |
| Revenue YoY | +45.3% | +14.7% | -0.6% | +10.0% | ||||
| Profit YoY | +36.6% | +13.5% | -22.2% | +9.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 584 | 684 | 726 | 806 | 977 | 1,002 |
| EBITDA | 80 | 68 | 61 | 84 | 100 | 102 |
| Net profit | 56 | 37 | 37 | 59 | 70 | 72 |
| EPS (₹) | 18.01 | 11.83 | 11.72 | 18.25 | 21.68 | 22.29 |
| Revenue growth | +17.1% | +6.2% | +11.0% | +21.1% | +15.7% | |
| Profit growth | -33.0% | -0.5% | +58.2% | +19.6% | +8.0% | |
| Dividend / share (₹) | 1.00 | 2.00 | 1.50 | 1.50 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +12.6% | +22.4% | +15.6% |
| Net profit | +23.5% | +19.7% | +8.0% |
| EPS | +22.4% | +18.6% | – |
| Share price | – | +33.8% (2y) | +17.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 438 | 474 | 539 | 610 |
| Borrowings | – | 65 | 108 | 99 | 127 |
| Cash & equivalents | – | 94 | 110 | 110 | 132 |
| Total assets | – | 657 | 710 | 867 | 970 |
| Fixed assets | – | 308 | 290 | 303 | 301 |
| Capital work in progress | – | 0 | 42 | 54 | 149 |
| Investments | – | 6 | 9 | 10 | 10 |
| Receivables | – | 128 | 159 | 174 | 179 |
| Inventory | – | 83 | 63 | 160 | 136 |
| Payables | – | 96 | 74 | 157 | 160 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 42 | 50 | 16 | 38 | 102 |
| Cash from investing | -63 | -38 | -58 | -35 | -128 |
| Cash from financing | 31 | -22 | 38 | -0 | 25 |
| Capex | 58 | 26 | 47 | 47 | 116 |
| Free cash flow | -16 | 24 | -30 | -9 | -14 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 8.5% | 7.8% | 10.9% | 11.5% |
| ROCE % | – | 11.5% | 8.6% | 11.3% | 12.2% |
| Debtor days | – | 68 | 80 | 79 | 67 |
| Inventory days | – | 70 | 48 | 115 | 77 |
| Payable days | – | 81 | 56 | 113 | 91 |
| Cash conversion cycle (days) | – | 57 | 72 | 81 | 53 |
| Working capital days | – | 81 | 79 | 86 | 73 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.45% |
| FIIs | 0.58% |
| DIIs | 0.28% |
| Public (non-institutions) | 29.69% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 69.36% | 69.36% | 69.36% | 69.36% | 69.36% | 69.36% | 69.36% | 69.45% |
| Promoter group | % |
|---|---|
| Bhanu Gopi Makharia | 55.34% |
| Gautam Gopikishan Makharia | 5.05% |
| Punit Gopikishan Makharia | 5.03% |
| Agrima Makharia | 1.42% |
| Raghav Makharia | 0.79% |
| Radhika Punit Makharia | 0.64% |
| Ranjana Punit Makharia | 0.50% |
| Aradhana Makharia | 0.50% |
| Gopi Krishan Makharia | 0.17% |
| Shivangi Kailash Agrawal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Maple Leaf Trading and Services Limited | 1.32% |
15,200 shareholders. Pledged: 0.00% of promoter shares.
Peers in Dyes And Pigments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUDARSCHEM | ₹8,180 cr | 113.1x | 2.4x | 2.1% | 6.4% | 6.3% | +62.0% | 0.44% |
| KIRIINDUS | ₹3,097 cr | 0.5x | 0.5x | 120.8% | 93.8% | 599.3% | -3.9% | – |
| BODALCHEM | ₹1,705 cr | 24.8x | 1.5x | 6.1% | 8.0% | 8.1% | +8.5% | 0.00% |
| SHREEPUSHK | ₹1,587 cr | 22.0x | 2.6x | 12.6% | 12.6% | 10.2% | +12.6% | 0.41% |
| BHAGERIA | ₹1,483 cr | 21.5x | 2.5x | 11.9% | 13.9% | 11.5% | +20.3% | 0.45% |
| ULTRAMAR | ₹1,078 cr | 11.7x | 1.2x | 10.0% | 13.3% | 16.9% | +12.7% | 1.63% |
| SUDARCOLOR | ₹814 cr | 17.0x | 1.4x | 8.7% | 11.3% | 6.8% | +0.6% | – |
| ASAHISONG | ₹408 cr | 11.7x | 1.5x | 13.2% | 14.2% | 12.4% | +2.0% | 0.44% |
| AKSHARCHEM | ₹311 cr | 10.8x | 1.1x | 10.4% | 8.8% | 10.6% | +3.6% | 0.22% |
| PODDARMENT | ₹267 cr | 17.5x | 0.8x | 4.3% | 6.2% | 6.0% | +3.2% | 1.59% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Rs 2.10 Per Share |
| 2025-09-19 | Dividend | Dividend - Rs 2 Per Share |
| 2024-09-20 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2023-09-22 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2022-09-21 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2021-09-16 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2020-10-22 | Other | Annual General Meeting |
| 2020-02-27 | Other | Int Div-Rs 0.5 Per Sh |
| 2019-09-12 | Dividend | Annual General Meeting/Dividend - Rs 1.5 Per Share |
| 2018-09-14 | Other | Annual General Meeting |
| 2017-08-31 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2016-08-01 | Other | Annual General Meeting |
| 2016-03-22 | Dividend | Interim Dividend - Re 1/- Per Share (Purpose Revised) |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Chemicals: Manufacturing
- Fertilisers: Manufacturing
| Sector | Commodities |
| Industry | Dyes And Pigments |
| Sub-industry | Dyes And Pigments |
| Symbol | SHREEPUSHK |
| BSE code | 539334 |
| ISIN | INE712K01011 |
| Face value | ₹10.0 |
| Incorporated | 1993-03-29 |
| Website | www.shreepushkar.com |
| Plants (India / abroad) | 9 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.