Shlokka Dyes Ltd
Incorporated in 2021, Shlokka Dyes Limited is engaged in the manufacturing of reactive dyes and pigments, specializing in synthetic organic dyes.[1]
- Market Cap ₹ 73.2 Cr.
- Current Price ₹ 34.2
- High / Low ₹ 81.2 / 21.1
- Stock P/E 14.8
- Book Value ₹ 39.9
- Dividend Yield 0.00 %
- ROCE 10.6 %
- ROE 8.81 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.86 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 241 days.
- Working capital days have increased from 144 days to 331 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 | Mar 2026 | |
|---|---|---|---|---|---|
| 0.00 | 8.77 | 61.28 | 103.43 | 81.94 | |
| 0.00 | 7.19 | 48.88 | 84.79 | 70.54 | |
| Operating Profit | 0.00 | 1.58 | 12.40 | 18.64 | 11.40 |
| OPM % | 18.02% | 20.23% | 18.02% | 13.91% | |
| 0.00 | 0.03 | 0.41 | 0.03 | 0.96 | |
| Interest | 0.00 | 0.19 | 2.42 | 2.80 | 2.42 |
| Depreciation | 0.00 | 0.59 | 4.34 | 3.86 | 3.48 |
| Profit before tax | 0.00 | 0.83 | 6.05 | 12.01 | 6.46 |
| Tax % | 27.71% | 18.68% | 16.49% | 23.22% | |
| 0.00 | 0.60 | 4.92 | 10.04 | 4.96 | |
| EPS in Rs | 0.00 | 0.50 | 3.26 | 6.67 | 2.32 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 111% |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 102% |
| TTM: | -51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -60% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 22% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.03 | 15.06 | 21.41 |
| Reserves | 0.00 | 8.69 | 17.63 | 12.18 | 63.96 |
| 3.64 | 19.78 | 28.79 | 27.92 | 26.76 | |
| 1.36 | 10.28 | 20.74 | 36.40 | 19.14 | |
| Total Liabilities | 5.01 | 38.77 | 67.19 | 91.56 | 131.27 |
| 0.00 | 28.64 | 24.39 | 21.60 | 19.16 | |
| CWIP | 3.48 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.53 | 10.13 | 42.80 | 69.96 | 112.11 | |
| Total Assets | 5.01 | 38.77 | 67.19 | 91.56 | 131.27 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0.10 | 1.66 | -10.52 | 4.69 | -46.67 | |
| -3.48 | -25.71 | -0.03 | -1.04 | -0.96 | |
| 3.65 | 24.06 | 10.58 | -3.67 | 49.59 | |
| Net Cash Flow | 0.07 | 0.00 | 0.04 | -0.03 | 1.96 |
| Free Cash Flow | -3.58 | -24.05 | -10.55 | 3.65 | -47.67 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 105% | -74% | 36% | -395% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 58.27 | 170.53 | 160.11 | 240.90 | |
| Inventory Days | 195.28 | 80.13 | 96.67 | 166.95 | |
| Days Payable | 390.05 | 126.12 | 150.95 | 82.38 | |
| Cash Conversion Cycle | -136.50 | 124.54 | 105.83 | 325.47 | |
| Working Capital Days | -109.04 | 38.60 | 61.40 | 330.97 | |
| ROCE % | 6.35% | 22.60% | 29.15% | 10.62% |
Insights
In beta| Mar 2023 | Mar 2024 | Oct 2025 | |
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| Actual Capacity Utilization (MTPA) MTPA |
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| Installed Spray Dryer Number |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026; demat-only holding noted.
- Closure of Trading Window
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- AGM held 24 Sep 2026; shareholders approved borrowing, charge and loan powers up to Rs 300 crore.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
Business Overview:[1]
SDL manufactures Reactive Dyes marketed under the trade name Shlokka Dyes
The company offers a broad portfolio including Direct Dyes, Basic Dyes, Vat Dyes, Digital Printing Dyes, and Paper Dyes, serving industries such as textiles, leather, paper, and paints. Its Reactive Dyes
are available in key shades—black, blue, red, orange, yellow—with multiple variants, each identified by an internationally recognized
Colour Index Number. These dyes are suitable for diverse textile applications like cotton fabrics, garments, dress materials, bed sheets, and the carpets.
SDL also manufactures dye intermediates on an order basis. Sales are primarily B2B, targeting textile processors and dyeing units through direct sales, dealers, and also agents,
across multiple Indian states and the export
markets.