Mehul Colours Ltd

Mehul Colours Ltd (MEHUL) is a micro-cap Chemicals company valued at ₹52 crore operating in Specialty Chemicals on the NSE and BSE.

Recent price move

Mehul Colours Ltd last traded at ₹49.63, modestly up 0.04% on the day.

Financial performance

The company's business has grown, with annual revenue rising 33.2% year-over-year. However, net profit fell 5.1% despite higher revenue, and the net profit margin dropped 6.9 percentage points to 17.2%. The latest quarter shows similar trends, with revenue up 34.8% but net profit down 34.6% compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 10.0 times earnings, 1.31 times book value.

Things to watch

The company's net profit margin has declined significantly, narrowing by 6.9 percentage points to 17.2%. Net profit fell 5.1% year-over-year, and the latest quarter's net profit dropped 34.6% compared to the same quarter a year earlier. The stock is 44.9% below its 52-week high.

Where it stands

Mehul Colours Ltd has seen strong revenue growth, but its profitability has weakened, with net profit falling and margins shrinking. The stock is significantly below its recent high, and recent quarterly results show a sharp decline in net profit despite rising revenue. The company's net profit margin stands at 17.2%.

Summarised by DocStoX's model on 2026-10-18 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.