Ishan Dyes and Chemicals Limited share price
Ishan Dyes and Chemicals Limited manufactures, trades, exports, imports, and deals in chemicals used in dyes and pigments in India. The company's product portfolio includes CPC Blue, pigment alpha blue, and pigment beta blue range of products like copper phthalocyanine crude blue, solvent dye, and pigment alpha, beta blue. Its products are used in paints, textiles, inks, plastics, rubber and other industries. Ishan Dyes and Chemicals Limited was incorporated in 1993 and is based in Ahmedabad, India.Read more
- Market Cap₹ 126 Cr.
- Current Price₹ 45.96
- High / Low₹ 77 / 42
- Stock P/E—
- Book Value₹ 54
- Dividend Yield0.00 %
- ROCE0.7 %
- ROE-5.80 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ -3.07
- Price / Book0.85
- OPM-1.1 %
- Debt / Equity0.64
- Sales growth (4Y)4.3 %
- Profit growth (4Y)—
- Promoter holding58.7 %
- EV / EBITDA47.1
- Beta0.87
- All-time high₹ 83
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| ISHANCH | -2.46% | -13.66% | -29.99% | -29.99% | -35.65% | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Ishan Dyes and Chemicals Limited is in the Chemicals industry (Basic Materials), with a market value of ₹126 crore.
- Revenue grew 4.3% a year over the last 4 years.
- Return on equity was -5.8% and return on capital employed 0.7% in the latest year.
- Debt was 0.64 times shareholders' equity.
- The share price is 39.9% below its 52-week high and down 35.7% over one year.
- Promoters and insiders hold about 58.7%; institutions about 0.0%.
Pros
AINo standout strengths in the reported figures.
Cons
AI- Return on equity has been low: -1.6% on average over the last 3 years.
- Interest cover is thin: operating earnings are 0.4 times the interest cost.
- Latest quarter (Jun 2026): profit fell 49% from a year ago.
- Promoter holding has fallen by 6.58 points over 7 quarters, to 40.15%.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Ishan Dyes and Chemicals Limited
Ishan Dyes and Chemicals Limited manufactures, trades, exports, imports, and deals in chemicals used in dyes and pigments in India. The company's product portfolio includes CPC Blue, pigment alpha blue, and pigment beta blue range of products like copper phthalocyanine crude blue, solvent dye, and pigment alpha, beta blue. Its products are used in paints, textiles, inks, plastics, rubber and other industries. Ishan Dyes and Chemicals Limited was incorporated in 1993 and is based in Ahmedabad, India.
- Employees
- 146
- Head office
- Ahmedabad
Peer comparison
Basic MaterialsChemicals
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Ishan Dyes and Chemicals | 45.96 | — | 126 | 0.00 | 0 | -49.00 | 41 | 154.66 | 0.7 | -5.8 | 0.85 | -1.1 | 0.64 | 58.73 | 73 | 4.3 |
| 2. | TGV SRAAC | 126.61 | 9.8 | 1,356 | 0.00 | 45 | 17.21 | 543 | 10.62 | 12.5 | 10.7 | 1.05 | 10.2 | 0.27 | 64.26 | 1,940 | -5.7 |
| 3. | DCW | 44.88 | 18.5 | 1,325 | 0.67 | 35 | 203.32 | 542 | 13.97 | 9.9 | 4.6 | 1.24 | 5.5 | 0.27 | 50.54 | 2,144 | -6.5 |
| 4. | Amines & Plasticizers | 164.30 | 23.4 | 904 | 0.30 | 9 | 27.36 | 151 | 7.29 | 17.5 | 13.3 | 3.09 | 9.5 | 0.09 | 89.24 | 571 | -1.5 |
| 5. | DMCC Speciality Chemicals | 317.50 | 19.8 | 792 | 0.79 | 20 | 163.11 | 253 | 99.15 | 16.7 | 11.5 | 3.19 | 8.6 | 0.44 | 65.57 | 582 | 14.5 |
| 6. | Lords Chloro Alkali | 149.09 | 12.6 | 427 | 0.00 | 15 | 43.10 | 106 | 6.14 | 12.4 | 13.4 | 1.76 | 12.1 | 0.72 | 81.75 | 390 | 9.8 |
| Median: 6 Co. | 137.85 | 18.5 | 848 | 0.15 | 18 | 35.23 | 202 | 12.29 | 12.5 | 11.1 | 1.50 | 9.1 | 0.36 | 64.92 | 576 | 1.4 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Standalone figures in ₹ crore
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Standalone figures in ₹ crore
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|
| 101 | 73 | 99 | |
| YOY Sales Growth % | -27.59% | ||
| 95 | 70 | 93 | |
| Material Cost % | 62% | 69% | 75% |
| Employee Cost % | 8% | 11% | 8% |
| Other Expenses % | 23% | 14% | 11% |
| Operating Profit | 7 | 4 | 5 |
| OPM % | 7% | 5% | 5% |
| Other Income | 3 | 3 | 4 |
| Interest | 5 | 7 | 8 |
| Depreciation | 2 | 5 | 6 |
| Profit before tax | 2 | -5 | -5 |
| 49% | |||
| Current tax | 1 | 0 | |
| Deferred tax | -0 | 2 | |
| 1 | -7 | -7 | |
| YOY Profit Growth % | -755.09% | ||
| EPS in Rs | 0.52 | -6.00 | -2.51 |
Compounded Sales Growth
- TTM:
- 69%
Stock Price CAGR
- 1 Year:
- -36%
Return on Equity
- 4 Years:
- -1%
- Last Year:
- -6%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 27 |
| Reserves | 82 | 82 | 83 | 115 |
| 22 | 59 | 92 | 91 | |
| Long term borrowings | 1 | 24 | 38 | 33 |
| Short term borrowings | 22 | 35 | 54 | 58 |
| 6 | 17 | 26 | 23 | |
| Trade payables | 3 | 13 | 20 | 6 |
| Current liabilities | 26 | 50 | 78 | 76 |
| Total Liabilities | 131 | 179 | 222 | 256 |
| 62 | 93 | 133 | 167 | |
| Gross block | 82 | 115 | 157 | 196 |
| Accumulated depreciation | 20 | 22 | 24 | 29 |
| Goodwill & intangibles | 1 | 1 | 1 | 1 |
| CWIP | 1 | 29 | 71 | 4 |
| 68 | 57 | 18 | 86 | |
| Inventories | 23 | 26 | 36 | 34 |
| Trade receivables | 13 | 25 | 12 | 4 |
| Cash & equivalents | 0 | 0 | 0 | 0 |
| Current assets | 64 | 78 | 77 | 83 |
| Total Assets | 131 | 179 | 222 | 256 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20 | -9 | 12 | 9 | |
| Profit for the year | -1 | 0 | 1 | -7 |
| Working capital changes | 19 | -13 | 4 | 4 |
| Direct taxes paid | -0 | -0 | -1 | -0 |
| -41 | -25 | -39 | -45 | |
| Fixed assets purchased | -29 | -33 | -42 | -39 |
| Fixed assets sold | 0 | |||
| 20 | 34 | 28 | 36 | |
| Interest paid | -2 | -3 | -5 | -7 |
| Net Cash Flow | 0 | -0 | -0 | 0 |
| Free Cash Flow | -9 | -43 | -31 | -31 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | -1.2% | 0.1% | 1.0% | -5.8% |
| ROCE | — | 0.2% | 2.3% | 4.8% | 0.7% |
| Operating margin | — | -2.4% | 0.7% | 4.7% | -1.1% |
| Net margin | — | -1.9% | 0.2% | 1.1% | -9.7% |
| Debt / equity | — | 0.22 | 0.58 | 0.89 | 0.64 |
| Current ratio | — | 2.47 | 1.57 | 0.99 | 1.09 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 40.15%
- Public 59.85%
| % | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 46.73% | 46.73% | 37.48% | 37.48% | 40.15% | 40.15% | 40.15% |
| 53.27% | 53.27% | 62.52% | 62.52% | 59.85% | 59.85% | 59.85% | |
| Retail (up to ₹2 lakh) | 22.26% | 21.26% | 15.96% | 16.70% | 15.43% | 14.98% | 15.85% |
| HNIs (above ₹2 lakh) | 20.37% | 19.65% | 32.50% | 30.52% | 29.36% | 29.98% | 29.91% |
| NRIs | 5.88% | 5.62% | 4.50% | 5.65% | 5.35% | 5.37% | 5.30% |
| Bodies corporate | 4.76% | 4.40% | 5.26% | 5.51% | 5.95% | 5.77% | 5.13% |
| No. of Shareholders | 9,360 | 9,304 | 8,761 | 9,020 | 8,674 | 8,487 | 8,578 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ishan Dyes and Chemicals Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201815-Oct-2026
- Shareholders meetingIshan Dyes and Chemicals Limited has submitted the Exchange a copy of Scrutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has informed t…01-Oct-2026
- Shareholders meetingIshan Dyes and Chemicals Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 202629-Sep-2026
- Trading WindowIshan Dyes and Chemicals Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201526-Sep-2026
- Copy of Newspaper PublicationIshan Dyes and Chemicals Limited has informed the Exchange about Copy of Newspaper Publication dated 04 September, 202604-Sep-2026
- Shareholders meetingIshan Dyes and Chemicals Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 202603-Sep-2026
- Copy of Newspaper PublicationIshan Dyes and Chemicals Limited has informed the Exchange about Copy of Newspaper Publication in respect of information regarding 33rd AGM of the Company.22-Aug-2026
- Copy of Newspaper PublicationIshan Dyes and Chemicals Limited has informed the Exchange about Copy of Newspaper Publication17-Aug-2026
- Outcome of Board MeetingIshan Dyes and Chemicals Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.14-Aug-2026
- General UpdatesIshan Dyes and Chemicals Limited has informed the Exchange about Commencement of Work for Four Additional Sulphur-Based Products in the Sulphuric Acid Unit.31-Jul-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ishan Dyes and Chemicals Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 30th June 2026.27-Jul-2026
- General UpdatesIshan Dyes and Chemicals Limited has informed the Exchange about General Updates - Proposal For Exclusive Dealership For Suplur Based Products.01-Jul-2026
Annual reports
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Ishan Dyes and Chemicals Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 15-Oct-2026
- Shareholders meetingIshan Dyes and Chemicals Limited has submitted the Exchange a copy of Scrutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has informed t…NSE filing · 01-Oct-2026
- Shareholders meetingIshan Dyes and Chemicals Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2026NSE filing · 29-Sep-2026
- Trading WindowIshan Dyes and Chemicals Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 26-Sep-2026
- Copy of Newspaper PublicationIshan Dyes and Chemicals Limited has informed the Exchange about Copy of Newspaper Publication dated 04 September, 2026NSE filing · 04-Sep-2026
- Shareholders meetingIshan Dyes and Chemicals Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026NSE filing · 03-Sep-2026
- Copy of Newspaper PublicationIshan Dyes and Chemicals Limited has informed the Exchange about Copy of Newspaper Publication in respect of information regarding 33rd AGM of the Company.NSE filing · 22-Aug-2026
- Copy of Newspaper PublicationIshan Dyes and Chemicals Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 17-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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