Shiv Texchem Ltd
Incorporated in 2005, Shiv Texchem Ltd is in the business of importing and distribution of hydrocarbon-
based chemicals[1]
- Market Cap ₹ 244 Cr.
- Current Price ₹ 106
- High / Low ₹ 199 / 95.0
- Stock P/E 3.14
- Book Value ₹ 177
- Dividend Yield 0.00 %
- ROCE 15.3 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.60 times its book value
- Company has delivered good profit growth of 55.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Working capital days have increased from 37.1 days to 63.2 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Trading - Chemicals
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 334 | 859 | 1,118 | 1,535 | 2,202 | 2,776 | |
| 317 | 843 | 1,082 | 1,477 | 2,116 | 2,640 | |
| Operating Profit | 17 | 16 | 36 | 58 | 86 | 136 |
| OPM % | 5% | 1.9% | 3.2% | 3.8% | 3.9% | 4.9% |
| 1 | 7 | 1 | 2 | 3 | 6 | |
| Interest | 6 | 4 | 15 | 19 | 23 | 35 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 12 | 19 | 22 | 41 | 66 | 107 |
| Tax % | 26% | 26% | 26% | 26% | 27% | 27% |
| 9 | 14 | 16 | 30 | 48 | 78 | |
| EPS in Rs | 13.50 | 10.83 | 12.52 | 17.57 | 20.76 | 33.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 35% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 69% |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 20% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.80 | 2 | 2 | 2 | 23 | 23 |
| Reserves | 27 | 105 | 121 | 191 | 310 | 387 |
| 122 | 120 | 329 | 297 | 409 | 701 | |
| 9 | 198 | 150 | 309 | 511 | 372 | |
| Total Liabilities | 159 | 425 | 602 | 799 | 1,254 | 1,483 |
| 0 | 0 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 2 |
| 158 | 425 | 601 | 798 | 1,251 | 1,480 | |
| Total Assets | 159 | 425 | 602 | 799 | 1,254 | 1,483 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -81 | 28 | -162 | 58 | -116 | -327 | |
| 0 | -0 | -1 | -0 | -0 | 0 | |
| 95 | 61 | 193 | -11 | 181 | 256 | |
| Net Cash Flow | 15 | 88 | 30 | 47 | 65 | -71 |
| Free Cash Flow | -81 | 28 | -163 | 58 | -116 | -327 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -467% | 208% | -436% | 119% | -114% | -219% |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 151 | 76 | 41 | 43 | 74 | 74 |
| Inventory Days | 0 | 59 | 111 | 104 | 91 | 96 |
| Days Payable | 1 | 88 | 41 | 72 | 77 | 47 |
| Cash Conversion Cycle | 150 | 47 | 112 | 74 | 87 | 123 |
| Working Capital Days | 17 | 26 | 15 | 18 | 30 | 63 |
| ROCE % | 11% | 11% | 13% | 14% | 15% |
Insights
In beta| Mar 2005 | Mar 2006 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; shares remain fully dematerialized.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Submitted scrutinizer report for 21st AGM held on 28 September 2026; all resolutions passed unanimously.
-
Announcement under Regulation 30 (LODR)-Change in Management
- AGM on 28 Sep 2026 approved Shruti Vyas’s regularisation and Shyamsunder Chokhani’s continuation as Whole-time Director.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- Shiv Texchem held its 21st AGM on September 28, 2026, approving financials and director reappointments.
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after half-year results.
Business Overview:[1][2]
STL imports and distributes hydrocarbon-based chemicals used as key raw materials across industries such as paints, inks, agrochemicals, specialty polymers, pharmaceuticals, and industrial chemicals. Its portfolio includes 39 products sourced from over 60 suppliers and delivered to 650+ customers.