Chiraharit Ltd
Chiraharit is engaged into turnkey EPC (Engineering, Procurement and Construction) projects focusing on two broad segment viz Water-based and Renewable Energy-based. In the Water sector, our focus is on the efficient and reliable movement of piped water in pressurized applications.
- Market Cap ₹ 71.4 Cr.
- Current Price ₹ 13.0
- High / Low ₹ 16.8 / 10.6
- Stock P/E 11.0
- 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.
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.