Mahickra Chemicals logo

Mahickra Chemicals share price

NSE: MAHICKRAChemicals & Petrochemicals

Last close ₹242.00down ₹20.25 (7.72%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹262.25.

52-week range of traded prices to 23 Oct 2026
₹131.00Low, 8 Dec 2025₹314.50High, 17 Sep 2026
Market cap
₹237 Cr
P/E
45.9
P/B
3.5
Dividend yield
0.06%
ROE
10.1%
Debt to equity
0.24
Volume, NSE
4,500

Share price

Daily closes since Apr 2018, adjusted for splits and bonuses

+48.4%over a year

Results20-session average 4,875 shares a session, over sessions from 7 Sep 2026 to 23 Oct 2026

Results

Standalone, as consolidated accounts are on record for only 3 of the last ten years; ₹ crore, the charts by years to March, the table by half year. No standalone results on record for the year to Mar 2023.Half-yearly results

Half year to Mar 2026, against the half year beforeFiled 2 Jul

Revenue
₹57 Crup 16.76%
Net profit
₹4.25 Crup 367.37%
Net margin
7.4%

Revenue by year

Peak revenue ₹106 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Filed 2 JunSep 2025Filed 12 NovMar 2026Filed 2 Jul
Revenue53.949.236.535.544.843.449.157.3
Net profit1.61.70.50.61.31.20.94.2
Net margin2.9%3.5%1.3%1.7%3.0%2.7%1.9%7.4%
Standalone. The last eight half years. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacture of Dyestuff and Pigments, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: a period of the last twelve months does not state its operating profit.PE ratio and valuation history

Price to earnings

At or below today's level on 3% of 204 trading days over the last year.

LowestHighest
Its median58.0Industry median15.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+69.1%+69.1%0.0%0.1%
3 years+29.5%––0.2%
5 years+21.8%––0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters40.10%
  • Individuals and others59.90%
Holder
ASHISHKUMAR CHAMPAKLAL GANDHIPromoter13.18%
KOMAL MITESHKUMAR GANDHIPromoter9.64%
MITESHKUMAR CHAMPAKLAL GANDHIPromoter7.33%
YOGESHKUMAR SHANTILAL DOSHINon-resident Indians3.08%
ORENDA ENTERPRISESOther non-institutions2.62%
ANITABEN ASHISHKUMAR GANDHIPromoter2.58%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 16,56,750 of its 97,75,910 shares locked in.

Peers and competitors

Dyes And Pigments, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mahickra Chemicals in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Sudarshan Colorants India logoSudarshan Colorants IndiaSUDARCOLOR75715.81.38.8−8.1%−24.5%8.7%6.9%0.00%
Asahi Songwon Colors logoAsahi Songwon ColorsASAHISONG41512.01.57.7−0.6%+95.2%13.2%11.9%0.43%
AksharChem India logoAksharChem IndiaAKSHARCHEM31310.91.18.0+32.6%+1,397.9%10.4%8.8%0.13%
Poddar Pigments logoPoddar PigmentsPODDARMENT26517.40.811.9+3.6%−21.3%4.3%3.5%1.60%
Ducol Organics and Colours logoDucol Organics and ColoursDUCOL19927.4––––7.4%7.8%0.00%
Hindprakash Industries logoHindprakash IndustriesHPIL13137.32.4–+1.8%+137.4%6.6%−3.1%0.00%
Paragon Fine and Speciality Chemical logoParagon Fine and Speciality ChemicalPARAGON9810.81.0–−5.3%+52.8%9.6%–0.00%
Unilex Colours and Chemicals logoUnilex Colours and ChemicalsUNILEX425.10.5–––10.3%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.65 a share, years to Mar 2022 and Mar 2023.
Ex-dateTypePer share
5 Jun 2026Interim₹0.15
18 Mar 2025Interim₹0.20
22 Dec 2023Interim₹0.30
3 Mar 2023Interim₹0.65
24 Feb 2022Interim₹0.40
18 Oct 2021Interim₹0.25
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Mahickra Chemicals share price by year

Each calendar year to 2025.Mahickra Chemicals share price history

YearClose at year endChangeHighest closeLowest close
2025148.55+31.5%163.10101.00
2024113.00+11.8%153.8596.50
2023101.10+25.7%105.3579.40
202280.45+0.7%87.0064.95
202179.90+1.0%91.8575.20
202079.10−2.9%92.6070.00
201981.45+91.6%86.9041.00
201842.50–58.0036.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 26 Apr 2018. The 2018 close is its last trade, on 17 Dec 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026230.10270.00230.00242.00242.944,500–
21 Oct 2026278.00278.00255.00262.25267.375,25085.7%
19 Oct 2026290.00290.00271.00271.00279.5913,50094.4%
16 Oct 2026285.00288.00285.00287.00286.503,00075.0%
12 Oct 2026285.00286.00285.00286.00285.332,25033.3%
7 Oct 2026270.00293.00270.00281.50281.501,50050.0%
5 Oct 2026280.00280.00280.00280.00280.002,250100.0%
1 Oct 2026273.00294.95273.00289.00278.7118,00062.5%
30 Sep 2026285.00285.00280.00280.00281.682,250100.0%
29 Sep 2026299.95300.00285.10295.00295.022,25033.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Mahickra Chemicals Limited
NSE symbol
MAHICKRA
ISIN
INE961Y01015
Industry
Chemicals & Petrochemicals
Listed
Apr 2018
Face value
₹10