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Ishan Dyes

  • Market Cap: Micro Cap
  • Industry: Dyes & Pigments
  • ISIN: INE561M01018
  • NSEID: ISHANCH
  • BSEID: 531109
INR
39.42
-0.06 (-0.15%)
BSENSE

Apr 11, 12:32 PM

BSE+NSE Vol: 3.91 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.91 k (-73.38%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

46.73%

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

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 9.99%

  • Poor long term growth as Net Sales has grown by an annual rate of 8.80% and Operating profit at 7.42% over the last 5 years
2

Stock is technically in a Bearish range

3

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 82 Cr (Micro Cap)

stock-summary
P/E

14.00

stock-summary
Industry P/E

25

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.58

stock-summary
Return on Equity

5.87%

stock-summary
Price to Book

0.81

Revenue and Profits (1 Year):
Net Sales:
21 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-30.79%
0%
-30.79%
1 Year
-22.23%
0%
-22.23%
2 Years
-29.72%
0%
-29.72%
3 Years
-75.07%
0%
-75.07%
4 Years
-22.33%
0%
-22.33%
5 Years
75.98%
10.48%
86.46%

Latest dividend: 1.2 per share ex-dividend date: Apr-29-2021

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)
8.80%
EBIT Growth (5y)
7.42%
EBIT to Interest (avg)
4.67
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.99
Tax Ratio
8.47%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.48%
ROE (avg)
9.57%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
25
Price to Book Value
0.81
EV to EBIT
17.03
EV to EBITDA
13.02
EV to Capital Employed
0.88
EV to Sales
1.28
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
-1.86%
ROE (Latest)
5.87%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
Bullish
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

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Mirali Hemantbhai Patel (12.72%)

Highest Public shareholder

Shaishav Rakeshbhai Shah (3.58%)

Individual Investors Holdings

42.63%

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 -30.71% vs -7.25% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -96.21% vs 50.00% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "21.19",
          "val2": "30.58",
          "chgp": "-30.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.11",
          "val2": "2.38",
          "chgp": "-11.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.39",
          "val2": "1.33",
          "chgp": "4.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.05",
          "val2": "1.32",
          "chgp": "-96.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.96%",
          "val2": "7.78%",
          "chgp": "2.18%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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 78.61% vs -11.38% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 205.26% vs -409.76% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "63.55",
          "val2": "35.58",
          "chgp": "78.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.31",
          "val2": "-0.43",
          "chgp": "1,102.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.45",
          "val2": "1.29",
          "chgp": "89.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.20",
          "val2": "-2.09",
          "chgp": "205.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.78%",
          "val2": "-1.21%",
          "chgp": "7.99%",
          "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 69.11% vs -0.67% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 163.20% vs -297.78% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "84.74",
          "val2": "50.11",
          "chgp": "69.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.42",
          "val2": "-1.25",
          "chgp": "613.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.84",
          "val2": "1.91",
          "chgp": "101.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.25",
          "val2": "-3.56",
          "chgp": "163.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.58%",
          "val2": "-2.49%",
          "chgp": "10.07%",
          "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 18.48% vs -25.96% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 110.00% vs -111.87% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "76.67",
          "val2": "64.71",
          "chgp": "18.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.24",
          "val2": "1.11",
          "chgp": "191.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.74",
          "val2": "1.61",
          "chgp": "70.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.11",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.12",
          "val2": "-1.20",
          "chgp": "110.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.23%",
          "val2": "1.72%",
          "chgp": "2.51%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
21.19
30.58
-30.71%
Operating Profit (PBDIT) excl Other Income
2.11
2.38
-11.34%
Interest
1.39
1.33
4.51%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.05
1.32
-96.21%
Operating Profit Margin (Excl OI)
9.96%
7.78%
2.18%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -30.71% vs -7.25% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -96.21% vs 50.00% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
63.55
35.58
78.61%
Operating Profit (PBDIT) excl Other Income
4.31
-0.43
1,102.33%
Interest
2.45
1.29
89.92%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.20
-2.09
205.26%
Operating Profit Margin (Excl OI)
6.78%
-1.21%
7.99%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 78.61% vs -11.38% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 205.26% vs -409.76% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
84.74
50.11
69.11%
Operating Profit (PBDIT) excl Other Income
6.42
-1.25
613.60%
Interest
3.84
1.91
101.05%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.25
-3.56
163.20%
Operating Profit Margin (Excl OI)
7.58%
-2.49%
10.07%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 69.11% vs -0.67% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 163.20% vs -297.78% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
76.67
64.71
18.48%
Operating Profit (PBDIT) excl Other Income
3.24
1.11
191.89%
Interest
2.74
1.61
70.19%
Exceptional Items
-0.11
0.00
Standalone Net Profit
0.12
-1.20
110.00%
Operating Profit Margin (Excl OI)
4.23%
1.72%
2.51%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 18.48% vs -25.96% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 110.00% vs -111.87% in Mar 2023

stock-summaryCompany CV
About Ishan Dyes and chemicals Ltd stock-summary
stock-summary
Ishan Dyes and chemicals Ltd
Micro Cap
Dyes & Pigments
Ishan Dyes and Chemicals Ltd was incorporated in 1993. In a short span, since it actually started its production in the Nov. 1995, Ishan has embedded an impeccable impression in the global Pigment and Chemical market with its superior quality products. They have clinched a vast base of customers to whom the Company export wide range of Phthalocyanine Blue Pigments for plastics, waterbase & offset inks, paint(alkyd) on a regular basis.
Company Coordinates stock-summary
Company Details
18 GIDC Estate, Phase - 1 Vatsva Ahmedabad Gujarat : 382445
stock-summary
Tel: 91-79-25832144/25833643
stock-summary
ishandyes@yahoo.com
Registrar Details
MCS Ltd , Neelam Apartment , 88 Sampatrao Colony, Above Chappan Bhog Sweets, Vadodara