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AksharChem (I)

  • Market Cap: Micro Cap
  • Industry: Dyes & Pigments
  • ISIN: INE542B01011
  • NSEID: AKSHARCHEM
  • BSEID: 524598
INR
206.55
1.2 (0.58%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 16.95 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

206.55225.00

52 Week

193.00376.00
Valuation
Technical
Day's Volume

CASH

16.95 k (492.16%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

0.06%

Held by 0 DIIs

Promoter

62.70%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor Management Efficiency with a low ROCE of 3.99%

  • The company has been able to generate a Return on Capital Employed (avg) of 3.99% signifying low profitability per unit of total capital (equity and debt)
2

Poor long term growth as Operating profit has grown by an annual rate -18.89% of over the last 5 years

 
3

Stock is technically in a Bearish range

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Dyes & Pigments

stock-summary
Market cap

INR 166 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

25

stock-summary
Dividend Yield

0.24%

stock-summary
Debt Equity

0.25

stock-summary
Return on Equity

-1.01%

stock-summary
Price to Book

0.63

Revenue and Profits (1 Year):
Net Sales:
91 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.24%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-36.83%
0%
-36.83%
1 Year
-26.01%
0.18%
-25.83%
2 Years
-8.89%
0.42%
-8.47%
3 Years
-49.99%
0.49%
-49.5%
4 Years
-16.21%
1.74%
-14.47%
5 Years
16.3%
2.69%
18.99%

Latest dividend: 0.5 per share ex-dividend date: Sep-23-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
4.51%
EBIT Growth (5y)
-18.89%
EBIT to Interest (avg)
7.16
Debt to EBITDA (avg)
0.77
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.01
Tax Ratio
100.00%
Dividend Payout Ratio
-2.15%
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
3.11%
ROE (avg)
2.79%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
25
Price to Book Value
0.63
EV to EBIT
45.45
EV to EBITDA
12.10
EV to Capital Employed
0.70
EV to Sales
0.68
PEG Ratio
NA
Dividend Yield
0.24%
ROCE (Latest)
1.13%
ROE (Latest)
-1.01%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.06%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Mrugesh Jaykrishna Family Trust - 2 (38.87%)

Highest Public shareholder

Tarak V Vora (2.31%)

Individual Investors Holdings

28.69%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 14.90% vs -8.12% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 14.42% vs -9.57% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "90.69",
          "val2": "78.93",
          "chgp": "14.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.33",
          "val2": "6.01",
          "chgp": "5.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.34",
          "val2": "1.32",
          "chgp": "1.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.19",
          "val2": "1.04",
          "chgp": "14.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.98%",
          "val2": "7.61%",
          "chgp": "-0.63%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 13.70% vs -29.29% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 116.87% vs -631.97% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "164.84",
          "val2": "144.98",
          "chgp": "13.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.24",
          "val2": "-3.87",
          "chgp": "416.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.56",
          "val2": "1.68",
          "chgp": "52.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.19",
          "val2": "-12.98",
          "chgp": "116.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.43%",
          "val2": "-2.67%",
          "chgp": "10.10%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 16.01% vs -18.40% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 126.72% vs -1,340.20% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "255.53",
          "val2": "220.26",
          "chgp": "16.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "18.57",
          "val2": "1.06",
          "chgp": "1,651.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.90",
          "val2": "2.66",
          "chgp": "46.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.38",
          "val2": "-12.65",
          "chgp": "126.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.27%",
          "val2": "0.48%",
          "chgp": "6.79%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -9.75% vs -12.01% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -1,887.23% vs -105.91% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "302.05",
          "val2": "334.68",
          "chgp": "-9.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.50",
          "val2": "15.42",
          "chgp": "-90.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.73",
          "val2": "3.22",
          "chgp": "15.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-18.68",
          "val2": "-0.94",
          "chgp": "-1,887.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.50%",
          "val2": "4.61%",
          "chgp": "-4.11%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
90.69
78.93
14.90%
Operating Profit (PBDIT) excl Other Income
6.33
6.01
5.32%
Interest
1.34
1.32
1.52%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.19
1.04
14.42%
Operating Profit Margin (Excl OI)
6.98%
7.61%
-0.63%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 14.90% vs -8.12% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 14.42% vs -9.57% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
164.84
144.98
13.70%
Operating Profit (PBDIT) excl Other Income
12.24
-3.87
416.28%
Interest
2.56
1.68
52.38%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.19
-12.98
116.87%
Operating Profit Margin (Excl OI)
7.43%
-2.67%
10.10%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 13.70% vs -29.29% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 116.87% vs -631.97% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
255.53
220.26
16.01%
Operating Profit (PBDIT) excl Other Income
18.57
1.06
1,651.89%
Interest
3.90
2.66
46.62%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.38
-12.65
126.72%
Operating Profit Margin (Excl OI)
7.27%
0.48%
6.79%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 16.01% vs -18.40% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 126.72% vs -1,340.20% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
302.05
334.68
-9.75%
Operating Profit (PBDIT) excl Other Income
1.50
15.42
-90.27%
Interest
3.73
3.22
15.84%
Exceptional Items
0.00
0.00
Standalone Net Profit
-18.68
-0.94
-1,887.23%
Operating Profit Margin (Excl OI)
0.50%
4.61%
-4.11%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -9.75% vs -12.01% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -1,887.23% vs -105.91% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About AksharChem (India) Ltd stock-summary
stock-summary
AksharChem (India) Ltd
Micro Cap
Dyes & Pigments
AksharChem (India) Limited (Formerly Known as Audichem (India) Limited) was promoted by Mrs. Paru M. Jaykrishna in 1989. Company changed the name to AksharChem (India) Limited from Audichem (India) Limited effective on March 23, 2004. The Company is headquartered in the chemical belt of Mehsana (Gujarat) with a total manufacturing capacity of 23,400 metric tonnes per annum (MTPA).
Company Coordinates stock-summary
Company Details
Akshar House Chhatral-Kadi Rd, Indrad Mehsana Gujarat : 382715
stock-summary
Tel:
stock-summary
http://www.aksharchemindia.com
stock-summary
cs@aksharchemindia.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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