Shiv Texchem Ltd

Shiv Texchem Ltd

₹ 148 -5.00%
29 May - close price
About

Incorporated in 2005, Shiv Texchem Ltd is in the business of importing and distribution of hydrocarbon-
based chemicals[1]

Key Points

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.

  • Market Cap 344 Cr.
  • Current Price 148
  • High / Low 306 / 95.0
  • Stock P/E 4.41
  • Book Value 177
  • Dividend Yield 0.00 %
  • ROCE 15.3 %
  • ROE 20.9 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.84 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
  • Contingent liabilities of Rs.334 Cr.
  • 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.

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
613 922 1,031 1,171 1,503 1,273
590 887 996 1,120 1,430 1,210
Operating Profit 23 35 35 51 73 63
OPM % 4% 4% 3% 4% 5% 5%
1 1 2 1 3 3
Interest 8 11 9 14 18 17
Depreciation 0 0 0 0 0 0
Profit before tax 15 25 28 38 58 49
Tax % 26% 26% 26% 27% 26% 29%
11 19 21 27 43 35
EPS in Rs 71.38 87.33 12.09 11.86 18.54 15.05
Raw PDF

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% 2% 3% 4% 4% 5%
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 108.00 86.62 100.19 140.86 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: -45%
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
0 -0 -1 -0 -0
95 61 193 -11 181
Net Cash Flow 15 88 30 47 65
Free Cash Flow -81 28 -163 58 -116
CFO/OP -467% 208% -436% 119% -114%

Ratios

Figures in Rs. Crores

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
Number of Products
Count

Log in to view insights

Please log in to see hidden values.

Login
Number of Customers
Count
Number of Suppliers
Count
Storage Capacity
KLPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.65% 73.65% 73.65% 73.65% 73.65% 73.65% 73.65%
4.08% 1.63% 1.14% 0.95% 0.71% 0.50% 0.28%
6.74% 8.02% 7.91% 7.75% 7.93% 7.18% 6.98%
15.54% 16.70% 17.31% 17.64% 17.70% 18.66% 19.08%
No. of Shareholders 3,5151,4151,4251,3981,3711,6191,688

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents