AksharChem (I)

Has AksharChem (I) declared dividend?

Yes, AksharChem (India) Ltd has declared a 5% dividend, amounting to ₹0.5 per share, with an ex-date of September 23, 2024. While the company has announced a dividend, total returns have varied, showing declines in some periods and positive returns over the last 5 years.

AksharChem (India) Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.2%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.75% with no dividend return, resulting in a total return of -18.75%.<BR><BR>Over the past year, the price return was -2.73% with a dividend return of 0.19%, leading to a total return of -2.54%.<BR><BR>In the 2-year period, the price return was 9.36% and the dividend return was 0.41%, culminating in a total return of 9.77%.<BR><BR>For the 3-year period, the price return was -12.26% with a dividend return of 0.61%, resulting in a total return of -11.65%.<BR><BR>In the 4-year period, the price return was -15.41% and the dividend return was 1.46%, leading to a total return of -13.95%.<BR><BR>Finally, over the last 5 years, the price return was 12.35% with a dividend return of 2.16%, resulting in a total return of 14.51%.<BR><BR>Overall, while AksharChem has declared a dividend, the total returns over various periods show a mixed performance, with significant declines in some periods and positive returns in others, particularly over the longer 5-year horizon.

Who are the peers of the AksharChem (I)?

AksharChem (I) peers include Sudarshan Chem, Kiri Industries, and Ultramarine Pig., among others. It has below-average management risk and growth ratings, with a 1-year return of 0.57%, significantly lower than Kiri Industries' 96.48%.

Peers: The peers of AksharChem (I) are Sudarshan Chem, Kiri Industries, Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., Hindprakash Indu, Ducol Organics, Siddhika Coatins, Prolife Indust., and Yasons Chemex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sudarshan Chem and Prolife Indust., while Average management risk is found at Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., Hindprakash Indu, Ducol Organics, Siddhika Coatins, and Yasons Chemex, and the rest. Below Average management risk is noted for Kiri Industries and AksharChem (I). Growth ratings are Below Average for Sudarshan Chem, Kiri Industries, Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., AksharChem (I), Hindprakash Indu, Ducol Organics, Siddhika Coatins, Prolife Indust., and Yasons Chemex, and the rest. Average growth is noted for none, while Excellent growth is not present among the peers. Capital Structure is Excellent for Ultramarine Pig., Heubach Colorant, Sh.Pushkar Chem., and AksharChem (I), while Good is seen at Ducol Organics, Siddhika Coatins, and Prolife Indust., and Average at Sudarshan Chem. Below Average capital structure is noted for Hindprakash Indu.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kiri Industries at 96.48%, while the lowest is Ducol Organics at 0.00%. AksharChem (I) has a 1-year return of 0.57%, which is higher than Ducol Organics but significantly lower than Kiri Industries. Additionally, the six-month returns for AksharChem (I), Hindprakash Indu, and Yasons Chemex are negative.

What is the technical trend for AksharChem (I)?

As of May 9, 2025, AksharChem (I) shows a mildly bearish trend influenced by daily moving averages, while weekly indicators present mixed signals with some mildly bullish trends, resulting in an overall tempered bearish outlook.

As of 9 May 2025, the technical trend for AksharChem (I) has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. While the weekly MACD, Bollinger Bands, KST, and OBV show mildly bullish signals, the monthly indicators remain bearish, creating a mixed outlook. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the strength of the bearish trend is tempered by some mildly bullish indicators on the weekly charts.

Is AksharChem (I) overvalued or undervalued?

As of July 1, 2025, AksharChem (I) is considered overvalued with a PE ratio of 47.15 and a 1-year return of -13.08%, indicating a less attractive valuation compared to peers like Ultramarine Pigments.

As of 1 July 2025, AksharChem (I) has moved from a very attractive to an attractive valuation grade. The company appears to be overvalued based on its current metrics. Key ratios include a PE ratio of 47.15, an EV to EBITDA of 11.67, and a PEG ratio of 0.38, which indicates a high price relative to its earnings growth potential.<BR><BR>In comparison with peers, Sudarshan Chemicals is deemed expensive with a PE ratio of 78.87, while Ultramarine Pigments is very attractive with a PE of 19.62. This suggests that AksharChem's valuation is relatively high compared to some peers, despite being lower than Sudarshan. Additionally, the company's recent stock performance has lagged behind the Sensex, with a 1-year return of -13.08% compared to the Sensex's 5.31%, reinforcing the notion that it may be overvalued in the current market context.

Who are in the management team of AksharChem (I)?

As of March 2022, the management team of AksharChem (I) includes Paru M Jaykrishna (Chairperson & Managing Director), Munjal M Jaykrishna (Joint Managing Director & CEO), and several independent and non-executive directors. Key members also include Pradeep Jha, Gautam M Jain, and Jigar Mukesh Patel.

As of March 2022, the management team of AksharChem (I) includes the following individuals:<BR><BR>1. Pradeep Jha - Independent Director<BR>2. Gokul M Jaykrishna - Non Executive Director<BR>3. Munjal M Jaykrishna - Joint Managing Director & CEO<BR>4. Gautam M Jain - Independent Director<BR>5. Meet J Joshi - Company Secretary & Compliance Officer<BR>6. Jigar Mukesh Patel - Independent Director<BR>7. Maitri Kirankumar Mehta - Independent Director<BR>8. Ashok Dolatsinh Barot - Executive Director<BR>9. Paru M Jaykrishna - Chairperson & Managing Director<BR><BR>This team comprises a mix of executive and independent directors, with key roles held by Munjal M Jaykrishna and Paru M Jaykrishna.

What does AksharChem (I) do?

AksharChem (India) Ltd, a Micro Cap company established in 1989, operates in the Dyes and Pigments industry, reporting net sales of 907 Cr and a net profit of 14 Cr for the quarter ending March 2025. The company has a market cap of INR 241 Cr and key financial metrics include a P/E ratio of 50.00 and a dividend yield of 0.17%.

Overview:<BR>AksharChem (India) Ltd operates in the Dyes and Pigments industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1989 and was originally known as Audichem (India) Limited. It changed its name to AksharChem (India) Limited on March 23, 2004. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 907 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 14 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 241 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 50.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.17% <BR>Debt-Equity: 0.25 <BR>Return on Equity: 1.82% <BR>Price to Book: 0.93 <BR><BR>Contact Details:<BR>Address: Akshar House Chhatral-Kadi Rd, Indrad Mehsana Gujarat : 382715 <BR>Email: cs@aksharchemindia.com <BR>Website: http://www.aksharchemindia.com

Who are the top shareholders of the AksharChem (I)?

The top shareholder of AksharChem (I) is the Mrugesh Jaykrishna Family Trust, holding 38.87%. Individual investors own 28.69% of shares, with Tarak V Vora as the largest individual shareholder at 2.31%, while mutual funds and foreign institutional investors have minimal or no presence.

The top shareholders of AksharChem (I) include the Mrugesh Jaykrishna Family Trust, which holds the largest stake at 38.87%. The company is primarily controlled by its promoters, with no pledged promoter holdings reported. In terms of public shareholders, Tarak V Vora is the highest individual shareholder, owning 2.31%. Additionally, individual investors collectively hold 28.69% of the shares, while mutual funds have a minimal presence with 0.06% held by one scheme, and there are currently no foreign institutional investors (FIIs) involved.

How big is AksharChem (I)?

As of 24th July, AksharChem (India) Ltd has a market capitalization of 238.00 Cr and reported net sales of 205.15 Cr and net profit of 21.78 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: AksharChem (India) Ltd has a market capitalization of 238.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 205.15 Cr, while the sum of Net Profit for the same period is 21.78 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2016, with Shareholder's Funds amounting to 85.01 Cr and Total Assets valued at 155.11 Cr.

How has been the historical performance of AksharChem (I)?

AksharChem (I) experienced a decline in net sales and cash flow from March 2015 to March 2016, but improved profitability metrics, with operating profit and profit after tax increasing. Total assets and liabilities grew, indicating stable asset management despite challenges in sales.

Answer:<BR>The historical performance of AksharChem (I) shows a mixed trend in its financial metrics from March 2015 to March 2016.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2016, AksharChem reported net sales of 187.71 Cr, a decline from 199.82 Cr in the previous year. Total operating income also decreased to 187.83 Cr from 200.13 Cr. However, the company managed to reduce its total expenditure, which fell to 155.48 Cr from 172.61 Cr, leading to an increase in operating profit (PBDIT) to 33.52 Cr from 29.51 Cr. Profit before tax rose to 25.93 Cr compared to 23.51 Cr, and profit after tax slightly increased to 16.64 Cr from 16.00 Cr. The earnings per share improved to 22.75 from 21.88, reflecting a positive trend in profitability metrics. On the balance sheet, total assets grew to 155.11 Cr from 146.48 Cr, while total liabilities also increased to 155.11 Cr from 146.48 Cr. The company’s cash flow from operating activities decreased significantly to 13.30 Cr from 28.20 Cr, indicating a reduction in cash generation efficiency. Overall, while AksharChem faced challenges in sales and cash flow, it showed improvements in profitability and asset management.

When is the next results date for AksharChem (India) Ltd?

The next results date for AksharChem (India) Ltd is 28 January 2026.

The next results date for AksharChem (India) Ltd is scheduled for 28 January 2026.

Are AksharChem (India) Ltd latest results good or bad?

AksharChem (India) Ltd's latest results are concerning, showing a net loss of ₹4.62 crores in Q3 FY26, an 8,500% drop in profit, and the lowest net sales in recent quarters. The company's financial metrics indicate significant distress, making it a risky investment.

The latest results for AksharChem (India) Ltd are concerning and indicate a significant deterioration in financial performance. In Q3 FY26, the company reported a net loss of ₹4.62 crores, marking a severe decline compared to previous quarters. This represents an astonishing 8,500% drop in net profit quarter-on-quarter, highlighting a loss-making quarter.<BR><BR>Net sales for the same period were ₹80.38 crores, which is the lowest in recent quarters, suggesting weak demand or operational challenges. Additionally, interest costs surged to ₹1.85 crores, the highest on record, which has severely impacted the company's profitability. The operating profit to interest coverage ratio has collapsed to just 1.59 times, raising serious concerns about the company's ability to service its debt.<BR><BR>Overall, the financial metrics point to a company in distress, with multiple red flags indicating operational and financial challenges. The stock has also underperformed significantly, declining 10.32% over the past year, while the broader market has seen gains. Given these factors, the latest results can be classified as bad, with a strong recommendation for caution regarding any investment in the company.

Should I buy, sell or hold AksharChem (India) Ltd?

Why is AksharChem (India) Ltd falling/rising?

As of 04-Mar, AksharChem (India) Ltd's stock price is currently 202.00, reflecting a decline of 5.35 (-2.58%) and a significant underperformance compared to the Sensex over various periods. The stock has been on a downward trend, with a year-to-date decline of 14.33% and trading below all major moving averages, indicating persistent bearish sentiment.

As of 04-Mar, AksharChem (India) Ltd's stock price is falling, currently at 202.00, which reflects a decrease of 5.35 (-2.58%). The stock has been on a downward trend, having lost 7.55% over the last two days and is currently 4.46% away from its 52-week low of Rs 193. <BR><BR>In terms of performance relative to the benchmark, the stock has underperformed significantly over various periods, with a year-to-date decline of 14.33% compared to a 7.16% drop in the Sensex. Over the past month, the stock has decreased by 8.47%, while the Sensex fell by 5.61%. Additionally, over the last three years, AksharChem has seen a decline of 10.16%, contrasting sharply with the Sensex's gain of 32.28%.<BR><BR>Today's trading activity indicates a negative sentiment, as the stock opened with a loss of 3.54% and reached an intraday low of Rs 199, down 4.03%. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 201.89% against the 5-day average, the overall market conditions, including a sector decline of 2.84% in Dyes & Pigments, contribute to the stock's falling price.

Which are the latest news on AksharChem (I)?