Skip to content
thestock.space

On 6 Nov 2026, AksharChem India was priced at ₹362.15, or 10.1× trailing earnings, against an industry P/E of 22.1×, and the shares are 23% below their 52-week high. Sales grew 3.7% a year over 3 years; its ROCE of 0.6% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.36× equity, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹291 Cr, ranked 115th of 204 Specialty Chemicals companies by market cap; the shares rose 39% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹357.00
Day high
₹365.00
Day low
₹354.50
Prev. close
₹364.35
Volume
4K

Health check

2 good · 1 fair · 3 to check
  • ReturnsAhead

    +39.1% over a year, better than 6 of 7 peers.

  • Price tagCheaper

    P/E 10.1 vs industry 22.1.

  • GrowthSteady

    Sales +3.7% a year over 3 years.

  • ProfitabilityWeak

    ROCE 0.6% vs peer median 24.4%.

  • Balance sheetStretched

    Debt 0.36× equity, interest covered 0.3×, Piotroski 3 of 9.

  • Red flags1 to check

    Interest coverage of only 2.1×.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹291 Cr, #115 of 204 in its industry by size.

Defensive

Beta 0.61 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹488 Cr · profit ₹29 Cr
Market cap
₹291 Cr
Small cap
P/E
10.1
Industry 22.1
Price to book
1.00
Peers 13.33
Dividend yield
0.14%
ROE
10.4%
Peers 23.0%
ROCE
0.6%
Peers 24.4%
Debt to equity
0.36
Debt ₹104 Cr
EPS (TTM)
₹35.79
Face value ₹10
OPM (TTM)
10.6%
Net margin 5.9%
Sales growth
+79.7%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
0.60
EV/EBITDA 7.6

Strengths and risks

Strengths

  • Quarterly sales up 79.7% on a year ago.
  • P/E of 10.1 against an industry P/E of 22.1.

Risks to check

  • Interest coverage of only 2.1×.

Derived automatically from reported figures. Not a recommendation.

About AksharChem India

AksharChem (India) Limited manufactures and sells dyes intermediates, pigments, and inorganic chemicals in India. The company provides H-acid, vinyl sulphone, and ortho anicidine and sulpho para vinyl sulphone; reactive blue 21 and black 5 dyes; green 7 pigments; and precipitated silica. It serves textile, ink, paint, and plastic industries. The company also exports its products to Europe, the Far East, Southeast Asia, China, the United States, and…

Headquarters
Ahmedabad
Employees
211
Sector
Basic Materials
ISIN
INE542B01011
Website
aksharchemindia.com

Price range

52 weeks

₹141.30₹472.00

Today

₹354.50₹365.00
Avg volume (3M)
13.7K
1-year return
plus 39.1%
From 52-week high
minus 23.3%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
AKSHARCHEMAksharChem India362.15minus 0.60%29110.129.90.6%10.6%0.363.7%plus 39.1%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
89.380.4106141160
86.977.4100118140
2.42.95.322.621
2.6%3.7%5.0%16.1%13.1%
000.100
1.41.92.22.32.5
4.14.24.24.44.5
1.7––––
−1.4−3.1−115.914.1
2.5%−50.4%583.1%4.6%5.4%
−1.4−4.64.815.213.3
-1.70-5.756.0218.9416.58

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+3.7%
ROE
10.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
325302339362
–minus 7.0%+12.3%+6.6%
312301316348
12.41.522.913.4
3.8%0.5%6.8%3.7%
3.601.53.2
2.73.34.66.2
12.813.81416.5
−0.9––1.7
−0.5−15.65.8−4.4
−88.8%−20.0%18.1%90.1%
−0.9−18.74.8−0.4
-1.17-23.255.94-0.55

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
8888
270251256253
24.651.866.8108
62.369.584.881.6
365381415452
244248278296
18.813.244.69.2
0000
0.10.21.80.2
10211990.5146
365381415452

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
37.9−6.634.81.7
−8.4−16.4−44−35.8
−29.5239.234.2
00−00
−8.9−16.8−44.2−36
29−23.4−9.4−34.3
−0.4−0.4−0.4−0.6

Shareholding pattern

Source: NSE filings
62.7%
promoters
  • Promoters62.70%
  • Public37.30%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202662.70%37.30%0.00
30 Jun 202662.70%37.30%0.00
31 Mar 202662.70%37.30%0.00
31 Dec 202562.70%37.30%0.00
30 Sep 202562.70%37.30%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you