Mahickra Chemicals Limited

Mahickra Chemicals Limited (MAHICKRA) is a micro-cap Chemicals company valued at ₹281 crore operating in Dyes And Pigments on the NSE and BSE.

Recent price move

Mahickra Chemicals Limited last traded at ₹287, modestly up 0.35% on the day.

Financial performance

The company's business improved significantly, with annual revenue rising 22.2% and net profit jumping 200.0% year-over-year. The latest quarter saw revenue and net profit surge 32.6% and 300.0% respectively compared to the same quarter a year earlier, driven by a sharp increase in net profit margin to 3.4% from 1.4%.

Valuation multiples

The stock trades at 92.3 times earnings, 4.10 times book value.

Things to watch

The stock is 8.1% below its 52-week high, and the company's revenue growth has slowed to 1.1% over the past three years, despite a 11.4% compound annual growth rate over five years. The company's return on capital employed remains at 10.0%, which is relatively low for the sector.

Where it stands

Mahickra Chemical Limited has delivered strong profit growth, with net profit more than tripling in both the annual and latest quarter periods. The most significant movement was in net profit, which rose 300.0% in the latest quarter. The stock is currently trading 8.1% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.