Shiv Texchem Ltd
Incorporated in 2005, Shiv Texchem Ltd is in the business of importing and distribution of hydrocarbon-
based chemicals[1]
- Market Cap ₹ 265 Cr.
- Current Price ₹ 114
- High / Low ₹ 283 / 95.0
- Stock P/E 3.40
- Book Value ₹ 177
- Dividend Yield 0.00 %
- ROCE 15.3 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.64 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 | 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: | -59% |
| 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/OP | -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
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after half-year results.
-
Reg. 34 (1) Annual Report.
- Shiv Texchem filed FY26 annual report; revenue rose 79% to Rs2,78,208.82 lakh, PAT Rs7,782.09 lakh.
-
Intimation Of The 21St Annual General Meeting Of The Company For The Financial Year 2025-26
- 21st AGM on 28 Sep 2026; approve accounts, reappoint Hemanshu Chokhani, regularize Shruti Vyas, continue Shyamsunder Chokhani.
-
Announcement under Regulation 30 (LODR)-Change in Management
- M/s. Nandkishore & Co. resigned as internal auditor on 22 August 2026 due to professional commitments.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Shiv Texchem appointed M/s. H L SAINI & Co. as internal auditor for FY 2026-27.
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.