Shiv Texchem Ltd
Incorporated in 2005, Shiv Texchem Ltd is in the business of importing and distribution of hydrocarbon-
based chemicals[1]
- Market Cap ₹ 260 Cr.
- Current Price ₹ 112
- High / Low ₹ 292 / 95.0
- Stock P/E 3.34
- Book Value ₹ 177
- Dividend Yield 0.00 %
- ROCE 15.3 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.63 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.
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: | -60% |
| 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
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 (SKUs) count |
|
||||||||||
| Number of Customers count |
|||||||||||
| Number of Suppliers count |
|||||||||||
| Top 5 Customer Concentration % |
|||||||||||
| Top 5 Product Concentration % |
|||||||||||
| Top 5 Supplier Concentration % |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
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.
-
Board Meeting Outcome for Outcome Of Board Meeting
- Board met on 22 Aug 2026; proposed regularisation of independent director and appointed internal auditors for FY27.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- A Certificate issued under regulation 74(5) of SEBI(DP) Regulations 2018 by Bigshares Service Pvt Ltd (RTA) for period 01.04.2026 to 30.06.2026
-
Announcement under Regulation 30 (LODR)-Change in RTA
- Bigshare Services appointed RTA effective 16 June 2026, replacing MUFG Intime.
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.