Ishan Dyes

how big is Ishan Dyes?

As of Jun 06, Ishan Dyes and Chemicals Ltd has a market capitalization of 82.93 Cr, with recent net sales of 101.47 Cr and a net profit of 1.09 Cr over the last four quarters. Shareholder's funds are 102.81 Cr, and total assets are 179.26 Cr as of Mar'24.

Market Cap: As of Jun 06, Ishan Dyes and Chemicals Ltd has a market capitalization of 82.93 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 101.47 Cr. The sum of Net Profit for the same period is 1.09 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is based on Standalone data for the latest annual period ending Mar'24. The Shareholder's Funds are reported at 102.81 Cr, while Total Assets amount to 179.26 Cr.

Who are in the management team of Ishan Dyes?

As of March 2021, the management team of Ishan Dyes includes Piyushbhai Natvarlal Patel (Chairman & Managing Director), Shrinal Piyushbhai Patel (Whole-time Director), and several independent and non-independent directors, along with a Company Secretary, Anisha Jain.

As of March 2021, the management team of Ishan Dyes includes:<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>The team consists of a mix of directors, including independent directors, and a company secretary.

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 2025, it reported net sales of 17 Cr and a net loss of 1 Cr, with a market cap of Rs 83 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 financial results reported are for the quarter ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 17 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap: Rs 83 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 76.00 <BR>Industry P/E: 31 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.88 <BR>Return on Equity: 1.05% <BR>Price to Book: 0.80 <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

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.

Who are the peers of the Ishan Dyes?

Ishan Dyes' peers include Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Kemistar Corp., Technichem Org., Eiko Lifescience, and Crestchem. Ishan Dyes has below average management risk and growth ratings, with a 1-year return of -20.71%.

Peers: The peers of Ishan Dyes are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Kemistar Corp., Technichem Org., Eiko Lifescience, and Crestchem.<BR><BR>Quality Snapshot: Excellent management risk is observed at Deepak Nitrite and Technichem Org., while Good management risk is found at Pidilite Inds., SRF, and Crestchem. Average management risk is noted for Gujarat Fluoroch, Himadri Special, and Kemistar Corp., while Below Average management risk is present at Ishan Dyes and Eiko Lifescience. Growth ratings show that Excellent growth is at Technichem Org. and Good growth is at Himadri Special, while Average growth is seen at Pidilite Inds. and SRF, and Below Average growth is noted for Gujarat Fluoroch, Deepak Nitrite, Kemistar Corp., Ishan Dyes, and Eiko Lifescience. Capital Structure ratings are Excellent for Pidilite Inds. and Deepak Nitrite, Good for Gujarat Fluoroch, Himadri Special, Technichem Org., and Crestchem, and Below Average for Ishan Dyes and Kemistar Corp.<BR><BR>Return Snapshot: Kemistar Corp. has the highest 1-year return at 105.20%, while Deepak Nitrite has the lowest at -9.59%. Ishan Dyes' 1-year return is -20.71%, which is lower than both. Additionally, the six-month returns are negative for Deepak Nitrite, Technichem Org., Eiko Lifescience, Crestchem, and Hardcast.& Waud.

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.

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.

When is the next results date for Ishan Dyes?

The next results date for Ishan Dyes is 12 August 2025.

The next results date for Ishan Dyes is scheduled for 12 August 2025.

Are Ishan Dyes latest results good or bad?

Ishan Dyes' latest results are disappointing, with a 35.8% decline in net sales and a negative profit after tax of Rs -0.86 crore, indicating ongoing financial challenges. Overall, the performance can be considered bad.

Ishan Dyes and Chemicals has reported disappointing results for the quarter ending June 2025. The company's net sales decreased significantly by 35.8% compared to the average of the previous four quarters, reaching Rs 16.29 crore, which is the lowest quarterly sales figure in the last five quarters. This decline indicates a concerning trend in sales performance.<BR><BR>Additionally, the profit after tax (PAT) for the most recent six-month period was negative at Rs -0.86 crore, marking a year-on-year decline of 44.53%. This negative profit trend highlights ongoing challenges in maintaining profitability.<BR><BR>Moreover, interest expenses have risen by 20.12% over the preceding nine months, suggesting that the company may be increasing its borrowings to meet financial obligations. Overall, these results reflect a difficult period for Ishan Dyes, indicating that the latest financial performance can be viewed as bad.

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%.

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.

Should I buy, sell or hold Ishan Dyes?

Why is Ishan Dyes and chemicals Ltd falling/rising?

As of 04-Jan, the stock price of Ishan Dyes and Chemicals Ltd is at 64.90, reflecting a downward trend with a year-to-date decline of -2.46%. The company faces significant financial challenges, including a -58.62% drop in net sales and negative results for three consecutive quarters, contributing to investor concerns and the stock's current decline.

As of 04-Jan, the stock price of Ishan Dyes and Chemicals Ltd is falling, currently at 64.90, reflecting a change of -0.06 (-0.09%). The stock has been on a downward trend, having lost value for the last two consecutive days and showing a decline of -2.46% over the year-to-date period. <BR><BR>Despite outperforming the sector today by 0.67%, the stock's performance over the past month has been negative, with a decrease of -1.80%, while the benchmark Sensex has increased by 0.73%. The stock's moving averages indicate that it is currently lower than the 20-day, 50-day, and 100-day moving averages, which may suggest a bearish trend.<BR><BR>Additionally, the company has reported significant financial challenges, including a drastic fall in net sales by -58.62% and operating losses, which contribute to its weak long-term fundamental strength. The company has declared negative results for the last three consecutive quarters, with a particularly concerning PAT of Rs -3.62 crore, reflecting a decline of -2939.2% compared to the previous four-quarter average. This financial instability, coupled with a decrease in promoter holding to 37.48%, further exacerbates investor concerns, leading to the stock's current decline.

Why is Ishan Dyes and chemicals Ltd falling/rising?

As of 05-Jan, Ishan Dyes and Chemicals Ltd's stock price is declining, currently at 63.43, down 2.46%. The stock has underperformed its sector and shows a negative trend over the past month, with decreased investor participation and a bearish moving average trend.

As of 05-Jan, Ishan Dyes and Chemicals Ltd's stock price is falling, currently at 63.43, reflecting a decrease of 1.6 or 2.46%. This decline is evident in its performance today, where it underperformed its sector by 3.51%. Additionally, the stock has shown a negative trend over the past month, with a decrease of 3.04%, while the benchmark Sensex has increased by 0.24% during the same period. Year-to-date, the stock is down 3.38%, contrasting with the Sensex's gain of 0.46%. <BR><BR>Investor participation has also declined, as indicated by a significant drop in delivery volume, which fell by 61.38% compared to the 5-day average. Although the stock is trading above its 200-day moving average, it is below the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a bearish trend. Overall, these factors contribute to the stock's current downward movement.

Why is Ishan Dyes and chemicals Ltd falling/rising?

As of 06-Jan, Ishan Dyes and Chemicals Ltd's stock price has risen slightly to 65.20, but the company faces serious financial challenges, including a drastic decline in net sales and negative results over the past three quarters. Despite a short-term outperformance against the Sensex, long-term indicators show significant underperformance and declining investor confidence.

As of 06-Jan, Ishan Dyes and Chemicals Ltd is experiencing a slight rise in its stock price, currently at 65.20, with a change of 0.3 (0.46%) upwards. However, despite this minor increase, the overall performance indicators suggest a concerning trend for the company. Over the past week, the stock has outperformed the Sensex with a return of +1.88% compared to the benchmark's +0.46%. Yet, on a longer-term basis, the stock has underperformed in the 1-month and year-to-date periods, with declines of -1.21% and -2.01%, respectively.<BR><BR>The stock's performance today has been notably poor, underperforming its sector by -99.91%. Additionally, the stock has not traded on one day out of the last 20, indicating erratic trading behavior. It is also trading below all its moving averages, which is a negative signal for investors. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by -75.4% compared to the 5-day average.<BR><BR>Financially, the company is facing serious challenges, including a drastic fall in net sales of -58.62% and operating losses, which have contributed to a weak long-term fundamental strength. The return on equity is low at 5.33%, and the company has reported negative results for the last three consecutive quarters, with a PAT of Rs -3.62 crore, reflecting a staggering decline of -2939.2% compared to the previous four-quarter average.<BR><BR>Moreover, promoter holding has decreased to 37.48%, which may signal a lack of confidence from major stakeholders. Although the stock has generated a return of 24.40% over the past year, this is overshadowed by the significant drop in profits of -198%. Overall, while there is a slight uptick in the stock price, the underlying financial issues and declining investor confidence suggest that the stock is facing significant headwinds.

Why is Ishan Dyes and chemicals Ltd falling/rising?

As of 07-Jan, Ishan Dyes and Chemicals Ltd's stock price is declining, currently at 64.10, with significant operating losses and a drastic fall in net sales of -58.62%. The company's financial health is concerning, marked by negative results for three consecutive quarters and a low return on equity of 5.33%.

As of 07-Jan, Ishan Dyes and Chemicals Ltd's stock price is falling, currently at 64.10, reflecting a change of -0.86 (-1.32%). The stock has underperformed compared to the benchmark Sensex, which has shown a slight increase of +0.04% over the same period. Over the past week, the stock has decreased by -2.36%, while its performance over the last month also shows a decline of -2.02%. <BR><BR>The company's financial health is concerning, as it has reported significant operating losses and a drastic fall in net sales of -58.62%. This has led to negative results for three consecutive quarters, with a particularly alarming PAT (Profit After Tax) drop of -2939.2% compared to the previous four-quarter average. The company's return on equity is low at 5.33%, indicating weak profitability. Additionally, promoter holding has decreased to 37.48%, which may signal a lack of confidence from major stakeholders.<BR><BR>Despite some positive indicators, such as a rise in delivery volume by 70.42% against the five-day average, the overall financial performance and declining sales overshadow these factors, contributing to the stock's downward trend.

Which are the latest news on Ishan Dyes?