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What is the MAHICKRA CHEMICAL LIMITED (MAHICKRA) share price today?

MAHICKRA CHEMICAL LIMITED (MAHICKRA) is trading at ₹245 on the NSE, down 4.67% on the day. Source: DocStoX.

What is the PE ratio of MAHICKRA CHEMICAL LIMITED?

MAHICKRA CHEMICAL LIMITED has a price-to-earnings (PE) ratio of 78.8 in the Chemicals sector.

What is the market capitalisation of MAHICKRA CHEMICAL LIMITED?

MAHICKRA CHEMICAL LIMITED has a market capitalisation of approximately ₹244 crore.

MAHICKRA CHEMICAL LIMITED

MAHICKRA·NSE·Chemicals

₹245.00▼ -12.00 (-4.67%)

Chemicals · Dyes & Pigments

A steady, established business

Day₹245.00

₹245.05

52W₹125

₹28774%

Open

₹245.05

High

₹245.05

Low

₹245.00

Prev Close

₹257.00

Volume

1.5K

VWAP

₹245.03

Snapshot

Key fundamentals

Market Cap

₹244 Cr

P/E Ratio

78.78Expensive

P/B Ratio

3.66

EPS

₹3.11

Book Value

₹68.35

ROE

10.10%Average

ROCE

10.00%Weak

Dividend Yield

0.06%

Debt / Equity

0.24Low

Face Value

₹10.00

52W High

₹287.00

52W Low

₹124.97

Sector

Chemicals

Industry

Dyes & Pigments

Avoid

None moatHigh uncertainty

Fair value estimate

₹66

▼ 73.2%downside

Trading at ₹245 — 73% above our estimate

BearFair valueBull

₹56₹66₹75

/100

Business quality — Watch the fundamentals

Growth 61Profitability 17Efficiency 5Valuation 44

Plain English

Our view

A steady, established business
Low debt relative to equity
Expensive — trades at 79× earnings

Strengths

Low debt relative to equity
Profit growing 27% a year

Risks

Expensive — trades at 79× earnings
Fundamental red flags (Piotroski 1/9)

How we got there

Fair value methods

Residual income

7% ROE fading to 13% over ~3 yrs, on ₹68 book

₹64

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹69

Analyst target

No analyst coverage

—

Blended fair value₹66

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Profit growing 27% a year

Bear case

Expensive — trades at 79× earnings
Fundamental red flags (Piotroski 1/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

78.8Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

10.1%Average

Above 15% is considered healthy for Indian equities

ROCE

10.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.24Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹244 Cr

P/B

3.66

EPS

₹3.11

Div Yield

0.06%

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 78.8×

Growth

Slow

+1% rev CAGR

Profitability

Modest

10.1% ROE

Financial health

Rock solid

D/E 0.24

Momentum

N/A

No technicals

Today

Trading activity

Delivery %100.0%

Turnover₹3.68L Cr

Trades2

VWAP₹245.03

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+1.1%

+4.3%

10Y

—

Profit

+19.7%

+11.4%

10Y

—

EPS

—

10Y

—

Profile

Cons

Stock is trading at 3.51 times its book value
Promoter holding has decreased over last quarter: -8.17%
The company has delivered a poor sales growth of 4.22% over past five years.
Company has a low return on equity of 7.38% over last 3 years.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

40%

Promoter

Promoters

40.1%0.00

Public

59.9%0.00

FII / FPI

0.0%

DII

0.0%

Total shareholders

475

Quarterly trend

Ownership over time

Q4 FY26

Promoter40.10%

Public59.90%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1997, Mahickra Chemicals Ltd manufacturers, trades & exports Dyes and Chemicals[1]