Chiraharit Ltd
Chiraharit is engaged in providing turnkey engineering, procurement, and construction (EPC) solutions across the water management and renewable energy sectors. The Company specializes in the design, supply, installation, testing, and commissioning of advanced irrigation systemsincluding drip, sprinkler, and rain gun technologiestailored to diverse agricultural and landscape needs.(Source : 202503 Annual Report Page No:105)
- Market Cap ₹ 83.1 Cr.
- Current Price ₹ 15.2
- High / Low ₹ 16.8 / 15.2
- Stock P/E 12.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 50.2 %
- ROE 88.9 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 65.3%
Cons
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 10.96 | 21.99 | 28.58 | 23.62 | 51.40 | |
| 10.40 | 20.43 | 26.57 | 21.40 | 41.77 | |
| Operating Profit | 0.56 | 1.56 | 2.01 | 2.22 | 9.63 |
| OPM % | 5.11% | 7.09% | 7.03% | 9.40% | 18.74% |
| 0.06 | 0.05 | 0.13 | 0.00 | 0.14 | |
| Interest | 0.25 | 0.29 | 0.42 | 0.59 | 0.91 |
| Depreciation | 0.11 | 0.09 | 0.12 | 0.15 | 0.14 |
| Profit before tax | 0.26 | 1.23 | 1.60 | 1.48 | 8.72 |
| Tax % | 30.77% | 27.64% | 27.50% | 30.41% | 25.46% |
| 0.19 | 0.90 | 1.16 | 1.03 | 6.50 | |
| EPS in Rs | 0.76 | 3.60 | 4.64 | 4.12 | 1.62 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| TTM: | 118% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 93% |
| TTM: | 531% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| Last Year: | 89% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.25 | 0.25 | 4.00 |
| Reserves | 0.72 | 1.61 | 2.78 | 3.81 | 6.56 |
| 8.46 | 8.31 | 9.51 | 10.44 | 13.33 | |
| 1.83 | 3.03 | 3.51 | 5.01 | 9.13 | |
| Total Liabilities | 11.26 | 13.20 | 16.05 | 19.51 | 33.02 |
| 0.34 | 0.34 | 0.40 | 0.40 | 0.55 | |
| CWIP | 1.68 | 2.07 | 2.07 | 2.34 | 2.97 |
| Investments | 0.99 | 0.99 | 0.99 | 1.86 | 1.86 |
| 8.25 | 9.80 | 12.59 | 14.91 | 27.64 | |
| Total Assets | 11.26 | 13.20 | 16.05 | 19.51 | 33.02 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2.35 | 0.70 | 1.11 | 1.50 | 2.20 | |
| -2.83 | -0.48 | -0.26 | -0.86 | -1.30 | |
| -0.25 | -0.29 | -0.87 | -0.64 | -0.31 | |
| Net Cash Flow | -0.74 | -0.08 | -0.03 | 0.01 | 0.60 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 185.50 | 103.57 | 79.44 | 141.24 | 116.46 |
| Inventory Days | 32.99 | 28.32 | 35.61 | ||
| Days Payable | 60.02 | 76.70 | 68.82 | ||
| Cash Conversion Cycle | 158.46 | 55.20 | 46.22 | 141.24 | 116.46 |
| Working Capital Days | -72.27 | 55.11 | 49.04 | 63.36 | 65.97 |
| ROCE % | 15.51% | 17.79% | 15.31% | 50.17% |
Business Profile[1]
The company is part of the Malaxmi Group, which operates across verticals such as water management, alternative fuels, property development, and infrastructure. It functions under the CHIRAMAX brand, with a strong focus on water-based projects and renewable energy initiatives.