Ishan Dyes

Which are the latest news on Ishan Dyes?

Why is Ishan Dyes and chemicals Ltd falling/rising?

As of 05-Sep, the stock price of Ishan Dyes and Chemicals Ltd is declining, currently at 44.15, reflecting a significant drop of 16.93% over the past month and 33.65% year-to-date, underperforming against the Sensex. The stock is also trading below its moving averages, indicating a bearish trend despite increased investor participation.

As of 05-Sep, the stock price of Ishan Dyes and Chemicals Ltd is falling, currently at 44.15, which reflects a decrease of 1.19 or 2.62%. This decline is evident in the stock's performance over various time periods, showing a significant drop of 16.93% over the past month and a year-to-date decrease of 33.65%. Comparatively, the stock has underperformed against the benchmark Sensex, which has only declined by 2.44% in the same month and 10.21% year-to-date.<BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a notable increase in investor participation, with delivery volume rising by 642.59% against the 5-day average, this has not translated into a positive price movement. Overall, the combination of underperformance relative to the market, significant declines over various periods, and trading below moving averages contributes to the stock's current downward trajectory.

Who are in the management team of Ishan Dyes?

The management team of Ishan Dyes includes Piyushbhai Natvarlal Patel (Chairman & Managing Director), Shrinal Piyushbhai Patel (Whole-time Director), Anilaben P Patel, Mirali Hemantbhai Patel (Directors), and several Independent Directors: Mayank Hasmukhbhai Patel, Ronak Yatinkumar Desai, Roopin Amrit Patel, and Yatin Gordhanbhai Patel, along with Anisha Jain as Company Secretary & Compliance Officer.

The management team of Ishan Dyes includes the following individuals:<BR><BR>1. **Piyushbhai Natvarlal Patel** - Chairman & Managing Director<BR>2. **Shrinal Piyushbhai Patel** - Whole-time Director<BR>3. **Anilaben P Patel** - Director<BR>4. **Mayank Hasmukhbhai Patel** - Independent Director<BR>5. **Ronak Yatinkumar Desai** - Independent Director<BR>6. **Roopin Amrit Patel** - Independent Director<BR>7. **Yatin Gordhanbhai Patel** - Independent Director<BR>8. **Mirali Hemantbhai Patel** - Director<BR>9. **Anisha Jain** - Company Secretary & Compliance Officer<BR><BR>This team oversees the operations and governance of the company.

What does Ishan Dyes do?

Ishan Dyes and Chemicals Ltd is a micro-cap company in the specialty chemicals industry, producing high-quality pigments and chemicals. As of June 2026, it reported net sales of 41 Cr and a market cap of INR 120 Cr.

Overview:<BR>Ishan Dyes and Chemicals Ltd operates in the specialty chemicals industry, focusing on the production of high-quality pigments and chemicals, categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in 1993 and commenced production in November 1995. The latest quarterly results reported are for June 2026, showing net sales and profits.<BR><BR>Financial Snapshot:<BR>- Net Sales: 41 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 120 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 18<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.63<BR>- Return on Equity: -5.17%<BR>- Price to Book: 0.87<BR><BR>Contact Details:<BR>Address: 18 GIDC Estate, Phase - 1 Vatsva Ahmedabad Gujarat : 382445 <BR>Tel: 91-79-25832144/25833643 <BR>Email: ishandyes@yahoo.com <BR>Website: http://www.ishandyes.com

Who are the peers of the Ishan Dyes?

Ishan Dyes' peers include Jaysynth Orgo, Polson, Chemcrux Enterprises, Deep Polymers, Deepak Chemtex, Technichem Org., Ambani Orgochem, and Dhariwalcorp, with varying management risks and growth rates. In terms of returns, Ishan Dyes has a 1-year return of -25.46%, better than Chemcrux Enterprises (-26.51%) but worse than Jaysynth Orgo (-19.23%).

Peers: The peers of Ishan Dyes are Jaysynth Orgo, Polson, Chemcrux Enterp., Deep Polymers, Deepak Chemtex, Technichem Org., Ambani Orgochem, and Dhariwalcorp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jaysynth Orgo and Deepak Chemtex, while Average management risk is found at Chemcrux Enterp. and Dhariwalcorp, and Below Average management risk is noted at Ishan Dyes, Polson, Deep Polymers, Technichem Org., and Ambani Orgochem. Growth is Excellent at Jaysynth Orgo, Good at Deep Polymers and Deepak Chemtex, Below Average at Ishan Dyes, Polson, Chemcrux Enterp., Technichem Org., and Ambani Orgochem, and the rest have Average growth. Capital Structure is Excellent at Deepak Chemtex, Good at Chemcrux Enterp. and Technichem Org., Average at Polson and Deep Polymers, and Below Average at Ishan Dyes, Ambani Orgochem, and Dhariwalcorp.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jaysynth Orgo at -19.23%, while the peer with the lowest 1-year return is Chemcrux Enterp. at -26.51%. Ishan Dyes has a 1-year return of -25.46%, which is better than Chemcrux Enterp. but worse than Jaysynth Orgo. Additionally, peers such as Chemcrux Enterp., Deep Polymers, Deepak Chemtex, Technichem Org., and Ambani Orgochem have negative six-month returns.

How big is Ishan Dyes?

As of 31st August, Ishan Dyes and Chemicals Ltd has a market capitalization of 120.00 Cr, with recent net sales of 98.67 Cr and a net loss of 7.25 Cr. Shareholder's funds are 103.87 Cr, and total assets are valued at 221.90 Cr as of March 2025.

As of 31st August, Ishan Dyes and Chemicals Ltd has a market capitalization of 120.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 98.67 Cr. However, it experienced a loss of 7.25 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 103.87 Cr and Total Assets were valued at 221.90 Cr.

Should I buy, sell or hold Ishan Dyes and chemicals Ltd?

Are Ishan Dyes and chemicals Ltd latest results good or bad?

Ishan Dyes and Chemicals Ltd's latest Q4 FY26 results show a strong recovery, with a net profit of ₹1.46 crores and an 89.84% revenue increase year-on-year. However, concerns remain regarding long-term challenges such as low return ratios and high debt levels.

Ishan Dyes and Chemicals Ltd has reported a strong recovery in its latest results for Q4 FY26, which can be viewed positively. The company achieved a net profit of ₹1.46 crores, a significant turnaround from a loss of ₹1.16 crores in the same quarter last year. Additionally, revenue surged by 89.84% year-on-year, reaching ₹31.76 crores, which is the highest quarterly revenue in at least two years.<BR><BR>The operating margin also improved dramatically to 17.57%, up from a negative margin of 10.59% in the previous quarter, indicating a strong operational performance. Furthermore, the profit after tax margin improved to 4.60%, a notable recovery from a negative margin of 6.93% a year ago.<BR><BR>However, while these results show a sharp recovery and positive growth trends, there are underlying concerns. The company has faced significant long-term challenges, including weak return ratios and elevated debt levels. The average return on equity (ROE) is only 5.33%, which is considerably lower than its peers in the specialty chemicals sector. Additionally, the company's reliance on other income for a substantial portion of its profits raises questions about the sustainability of these earnings.<BR><BR>In summary, the latest quarterly results reflect a positive turnaround for Ishan Dyes, but the company still grapples with significant long-term operational and financial challenges.

When is the next results date for Ishan Dyes and chemicals Ltd?

The next results date for Ishan Dyes and Chemicals Ltd is 12 February 2026.

The next results date for Ishan Dyes and Chemicals Ltd is scheduled for 12 February 2026.

How has been the historical performance of Ishan Dyes?

Ishan Dyes has shown strong sales growth from 66.81 Cr in Mar'19 to 101.47 Cr in Mar'25, but its operating profit margin has been volatile, declining from 21.52% in Mar'21 to 6.62% in Mar'25. While the company improved profitability with a profit before tax of 2.12 Cr in Mar'25, it faces rising liabilities and fluctuating margins.

Answer:<BR>The historical performance of Ishan Dyes shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Ishan Dyes has experienced significant changes in its financial performance from Mar'19 to Mar'25. Net sales increased from 66.81 Cr in Mar'19 to 101.47 Cr in Mar'25, indicating a strong upward trend. However, the operating profit margin has seen considerable volatility, peaking at 21.52% in Mar'21 before declining to 6.62% in Mar'25. The company reported a profit before tax of 2.12 Cr in Mar'25, a recovery from a loss of 1.23 Cr in Mar'23, while profit after tax also improved to 1.09 Cr from a loss of 1.20 Cr in the previous year. Total liabilities rose sharply from 66.53 Cr in Mar'20 to 221.90 Cr in Mar'25, driven by increased borrowings, which reached 92.09 Cr. On the asset side, total assets grew from 66.53 Cr in Mar'20 to 221.90 Cr in Mar'25, with a notable increase in inventories and long-term investments. Cash flow from operating activities showed a positive shift to 11 Cr in Mar'25, contrasting with negative cash flows in prior years. Overall, while Ishan Dyes has improved its sales and profitability, it faces challenges with rising liabilities and fluctuating profit margins.

Is Ishan Dyes overvalued or undervalued?

As of November 20, 2025, Ishan Dyes is fairly valued with a PE ratio of -41.00 and an EV to EBITDA of 105.36, underperforming the Sensex in the short term but outperforming it year-to-date.

As of 20 November 2025, Ishan Dyes has moved from an expensive valuation grade to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of -41.00, an EV to EBITDA of 105.36, and a Price to Book Value of 1.29. <BR><BR>In comparison to its peers, Sudarshan Chemicals has a PE ratio of 133.87 and an EV to EBITDA of 17.61, while Kiri Industries shows a PE ratio of 26.76 and an EV to EBITDA of -53.58. Notably, Ishan Dyes has underperformed the Sensex in the short term, with a 1-week return of -4.34%, but has outperformed over the longer term with a year-to-date return of 27.86% compared to the Sensex's 9.59%.

Who are the top shareholders of the Ishan Dyes?

The top shareholders of Ishan Dyes include promoter Mirali Hemantbhai Patel with 12.72% and public shareholder Shaishav Rakeshbhai Shah with 3.58%. Individual investors hold a total of 42.63%, with no mutual funds or foreign institutional investors involved and no pledged promoter holdings.

The top shareholders of Ishan Dyes include Mirali Hemantbhai Patel, who is the promoter with the highest holding at 12.72%. The highest public shareholder is Shaishav Rakeshbhai Shah, holding 3.58%. Additionally, individual investors collectively hold 42.63% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

What is the technical trend for Ishan Dyes?

As of June 6, 2025, Ishan Dyes exhibits a bearish trend with moderate strength, supported by bearish indicators across multiple timeframes, despite some mildly bullish signals in the weekly MACD and KST.

As of 6 June 2025, the technical trend for Ishan Dyes has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD indicates a bearish trend. The RSI is bearish on the weekly timeframe, and Bollinger Bands show a mildly bearish trend on both weekly and monthly charts. Daily moving averages confirm a bearish outlook. The KST is mildly bullish weekly but bearish monthly, while Dow Theory indicates a mildly bearish trend on the weekly chart with no trend on the monthly. Overall, the combination of these indicators suggests a bearish sentiment in the market for Ishan Dyes.

What is the bonus history of the Ishan Dyes?

Ishan Dyes issued a bonus on February 14, 2017, in a 1:2 ratio, granting one additional share for every two shares held, with a record date of February 15, 2017. This is the most recent bonus action recorded for the company.

Ishan Dyes has a bonus history that includes a notable bonus issue announced on February 14, 2017. The company issued a bonus in a ratio of 1:2, meaning that for every two shares held, shareholders received one additional share. The record date for this bonus was February 15, 2017. This was the most recent bonus action recorded for the company. If you have any more questions about Ishan Dyes or need further details, feel free to ask!

Has Ishan Dyes declared dividend?

Ishan Dyes has declared a 12% dividend, amounting to 1.2 per share, with an ex-date of April 29, 2021. Despite this declaration, the company has faced significant negative returns in recent periods, and the dividend yield remains at 0%.

Ishan Dyes has declared a 12% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 12%<BR>- Amount per share: 1.2<BR>- Ex-date: Apr-29-2021<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -29.0%, the dividend return was 0%, resulting in a total return of -29.0%.<BR><BR>Over the past year, the price return was -23.29%, with a dividend return of 0%, leading to a total return of -23.29%.<BR><BR>In the last 2 years, the price return was -35.05%, the dividend return was 0%, culminating in a total return of -35.05%.<BR><BR>For the 3-year period, the price return was -64.71%, with a dividend return of 0%, resulting in a total return of -64.71%.<BR><BR>In the past 4 years, the price return was -39.49%, the dividend return was 0%, leading to a total return of -39.49%.<BR><BR>Over the last 5 years, the price return was 61.07%, with a dividend return of 7.96%, resulting in a total return of 69.03%.<BR><BR>Overall, while Ishan Dyes declared a dividend, the company has experienced significant negative returns over shorter periods, with a more favorable total return over the longer 5-year period. The dividend yield remains at 0%, indicating no recent dividends have been paid relative to the current share price.