Ishan Dyes

Which are the latest news on Ishan Dyes?

Why is Ishan Dyes and chemicals Ltd falling/rising?

As of 05-Jul, Ishan Dyes and Chemicals Ltd's stock price has risen to Rs 56.36, driven by positive quarterly results and increased promoter confidence. However, the long-term outlook is concerning due to historical performance issues and weak fundamentals.

As of 05-Jul, Ishan Dyes and Chemicals Ltd is experiencing a slight rise in its stock price, currently at Rs 56.36, with a change of 0.19 (0.34%) upward. This increase can be attributed to several factors. Notably, the stock outperformed its sector by 2.61% today and reached an intraday high of Rs 58.3, reflecting a 3.79% increase during the trading session. Additionally, there has been a rise in investor participation, with delivery volume increasing by 14.35% compared to the 5-day average, indicating growing interest among investors.<BR><BR>On the positive side, the company has recently declared positive results for March 2026 after four consecutive quarters of losses, showcasing improvements in key financial metrics such as operating profit to interest ratio, net sales, and PBDIT, all of which are at their highest levels for the quarter. Furthermore, promoter confidence is rising, as they have increased their stake in the company by 3.79%, now holding 41.27% of the company, which signals a belief in the company's future prospects.<BR><BR>However, it is essential to note that despite the recent uptick, the stock has shown weak long-term fundamental strength, with a significant decline in operating profits over the past five years and a negative EBIT. The company's ability to service its debt remains a concern, as indicated by a poor EBIT to interest ratio. Additionally, the stock has underperformed against benchmarks over various periods, including a -15.30% year-to-date return compared to the Sensex's -8.75%.<BR><BR>In summary, while Ishan Dyes and Chemicals Ltd is currently experiencing a rise in stock price due to positive quarterly results and increased promoter confidence, the long-term outlook remains challenging due to historical performance issues and weak fundamentals.

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

How big is Ishan Dyes?

As of 10th June, Ishan Dyes and Chemicals Ltd has a market capitalization of 167.00 Cr and reported net sales of 73.48 Cr with a loss of 7.11 Cr over the latest four quarters. Shareholder's funds are 103.87 Cr, and total assets amount to 221.90 Cr.

As of 10th June, Ishan Dyes and Chemicals Ltd has a market capitalization of 167.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ishan Dyes reported net sales of 73.48 Cr. However, the company experienced a loss of 7.11 Cr during this period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's funds are recorded at 103.87 Cr, while total assets amount to 221.90 Cr.

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. They oversee the company's strategic direction and management.

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 is responsible for the strategic direction and management of the company.

Who are the peers of the Ishan Dyes?

Ishan Dyes' peers include Chembond Materials, Cochin Minerals, Dai-ichi Karkari, Jaysynth Organics, Resonance Specialties, Polson, and Chemcrux Enterprises. Ishan Dyes has the highest 1-year return at 31.54%, while Dai-ichi Karkari has the lowest at -42.93%.

Peers: The peers of Ishan Dyes are Chembond Materi., Cochin Minerals, Dai-ichi Karkari, Jaysynth Orgo, Resonance Speci., Polson, and Chemcrux Enterp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Chembond Materi., Cochin Minerals, and Resonance Speci., while Average management risk is found at Jaysynth Orgo and the rest. Below Average management risk is noted for Dai-ichi Karkari, Ishan Dyes, Polson, and Chemcrux Enterp. Growth is Excellent at Jaysynth Orgo, Below Average at Chembond Materi., Cochin Minerals, Dai-ichi Karkari, Ishan Dyes, Resonance Speci., Polson, and Chemcrux Enterp. Capital Structure is Excellent at Chembond Materi., Cochin Minerals, Jaysynth Orgo, and Resonance Speci., while Good is noted for Dai-ichi Karkari and Chemcrux Enterp., and Below Average for Ishan Dyes and Polson.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ishan Dyes at 31.54%, while the lowest is Dai-ichi Karkari at -42.93%. Ishan Dyes’ return is significantly higher than all its peers. Additionally, the six-month return is negative for Dai-ichi Karkari, Jaysynth Orgo, Chemcrux Enterp., and Polson.

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 March 2026, it reported net sales of 32 Cr and a net profit of 1 Cr, with a market cap of INR 167 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>Ishan Dyes and Chemicals Limited was incorporated in 1993 and commenced production in November 1995. The latest financial results reported are for the quarter ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 32 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 167 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.63 <BR>Return on Equity: -5.07% <BR>Price to Book: 1.20<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

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.