Technichem Organics Ltd
Incorporated in 1996, Technichem Organics is engaged in the business of manufacturing a wide range of chemicals, specialty chemicals, Pigment & Dye Intermediates, and Air Oxidation Chemistry.[1]
- Market Cap ₹ 97.0 Cr.
- Current Price ₹ 56.0
- High / Low ₹ 82.5 / 33.0
- Stock P/E 24.1
- Book Value ₹ 26.3
- Dividend Yield 0.00 %
- ROCE 13.8 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -25.9%
- Debtor days have increased from 58.1 to 78.4 days.
- Working capital days have increased from 12.8 days to 78.7 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 Specialty Chemicals
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
66.99 | 50.32 | 46.39 | 56.78 | |
61.52 | 45.96 | 36.92 | 49.19 | |
Operating Profit | 5.47 | 4.36 | 9.47 | 7.59 |
OPM % | 8.17% | 8.66% | 20.41% | 13.37% |
0.77 | 0.66 | 0.50 | 0.67 | |
Interest | 0.54 | 1.23 | 1.96 | 1.45 |
Depreciation | 1.05 | 1.41 | 1.70 | 1.63 |
Profit before tax | 4.65 | 2.38 | 6.31 | 5.18 |
Tax % | 26.45% | 27.31% | 30.59% | 22.20% |
3.42 | 1.73 | 4.38 | 4.03 | |
EPS in Rs | 13.43 | 6.79 | 17.20 | 2.33 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -5% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Equity Capital | 2.55 | 2.55 | 2.55 | 17.32 |
Reserves | 10.62 | 12.35 | 16.76 | 28.22 |
10.17 | 15.62 | 16.11 | 15.01 | |
20.82 | 13.73 | 15.51 | 8.83 | |
Total Liabilities | 44.16 | 44.25 | 50.93 | 69.38 |
22.69 | 31.10 | 25.84 | 30.81 | |
CWIP | 1.16 | 0.00 | 0.60 | 0.82 |
Investments | 0.05 | 0.05 | 0.05 | 0.05 |
20.26 | 13.10 | 24.44 | 37.70 | |
Total Assets | 44.16 | 44.25 | 50.93 | 69.38 |
Cash Flows
Figures in Rs. Crores
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
0.86 | 3.35 | 2.02 | -7.02 | |
-5.19 | -8.39 | -2.33 | -6.83 | |
4.56 | 4.33 | 0.92 | 20.50 | |
Net Cash Flow | 0.23 | -0.71 | 0.60 | 6.66 |
Ratios
Figures in Rs. Crores
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Debtor Days | 44.73 | 23.79 | 72.23 | 78.36 |
Inventory Days | 36.30 | 56.20 | 98.61 | 114.64 |
Days Payable | 107.05 | 84.91 | 156.28 | 46.50 |
Cash Conversion Cycle | -26.02 | -4.91 | 14.56 | 146.49 |
Working Capital Days | -19.18 | -42.94 | 2.52 | 78.68 |
ROCE % | 13.41% | 25.08% | 13.82% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Aug - Clippings of Newspaper Advertisement for 29th AGM of the company published on 27th August, 2025.
-
Notice Of 29Th AGM Along With Annual Report 2024-25.
26 Aug - 29th AGM on 24 Sep 2025; auditor appointment; WTD remuneration increased to Rs.36,00,000 p.a.
-
Shareholders Meeting - Submission Of Notice Of 29Th AGM Of The Company Along With Annual Report 2024-25
26 Aug - AGM on 24 Sep 2025; appoint B.K. Chavda auditors; raise WTD Piyush Nathwani salary up to Rs36,00,000.
- Reg. 34 (1) Annual Report. 26 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jul - Clipping of Newspaper Advertisement addressed to the shareholders, published on 29th July, 2025 for your information and records.
Business Overview[1]
Company manufactures chemicals, including Pyrazoles, Pyrazolones, Specialty Chemicals, Pigment & Dye Intermediates, and Air Oxidation Chemistry. These serve industries like pharmaceuticals, agriculture, coatings, pigments, and dyes.