SK Minerals & Additives Ltd
Incorporated in 2022, SK Minerals & Additives Limited is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals.[1]
- Market Cap ₹ 424 Cr.
- Current Price ₹ 346
- High / Low ₹ 346 / 102
- Stock P/E 31.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 32.3 %
- ROE 60.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.8%
Cons
- Company might be capitalizing the interest cost
* 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
| Sep 2024 | Sep 2025 | |
|---|---|---|
| 101 | 110 | |
| 93 | 98 | |
| Operating Profit | 8 | 12 |
| OPM % | 8% | 11% |
| 0 | 0 | |
| Interest | 1 | 2 |
| Depreciation | 1 | 0 |
| Profit before tax | 6 | 10 |
| Tax % | 28% | 27% |
| 5 | 7 | |
| EPS in Rs | 9.02 | 7.80 |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 121 | 132 | 109 | 212 | |
| 119 | 128 | 102 | 193 | |
| Operating Profit | 2 | 4 | 7 | 19 |
| OPM % | 2% | 3% | 6% | 9% |
| 1 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 2 | 3 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 4 | 15 |
| Tax % | 28% | 32% | 25% | 28% |
| 2 | 2 | 3 | 11 | |
| EPS in Rs | 1,670.00 | 11.81 | 6.20 | 12.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | 95% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 114% |
| TTM: | 253% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 60% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2 | 5 | 9 | 9 |
| Reserves | 3 | 5 | 8 | 15 | 22 |
| 11 | 24 | 35 | 45 | 81 | |
| 12 | 8 | 7 | 7 | 10 | |
| Total Liabilities | 25 | 38 | 54 | 75 | 121 |
| 2 | 2 | 5 | 5 | 6 | |
| CWIP | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 2 | 12 |
| 23 | 34 | 49 | 68 | 103 | |
| Total Assets | 25 | 38 | 54 | 75 | 121 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -4 | -11 | -9 | -3 | |
| -2 | -2 | -2 | -1 | |
| 6 | 14 | 13 | 7 | |
| Net Cash Flow | -0 | 0 | 2 | 3 |
| Free Cash Flow | -6 | -13 | -11 | -4 |
| CFO/OP | -203% | -308% | -142% | -23% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 50 | 22 | 59 | 48 |
| Inventory Days | 10 | 13 | 31 | 41 |
| Days Payable | 8 | 7 | 0 | 0 |
| Cash Conversion Cycle | 52 | 28 | 89 | 89 |
| Working Capital Days | 8 | 25 | 27 | 31 |
| ROCE % | 16% | 16% | 32% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization - Feed Additives % |
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| Capacity Utilization - Food Additives % |
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| Installed Capacity - Feed Additives MT |
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| Installed Capacity - Food Additives MT |
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| Manufacturing Production Volume MT |
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| Trading Sales Quantity MT |
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| Market Share (SOM) % |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Considering And Approving The Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026.
2d - Board meeting on May 22, 2026 to approve audited FY26 and Q4 results.
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Board Meeting Outcome for OUTCOME OF THE BOARD MEETING HELD ON MAY 11, 2026.
11 May - On 11 May 2026, board noted two resignations and approved 100% acquisition of Synergy Trade Links DMCC.
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Board Meeting Intimation for To Consider The Proposal To Acquire Synergy Trade Links DMCC, Dubai (A Company Under The Same Management) As A Wholly Owned Subsidiary Of The Company.
6 May - Board meets May 11, 2026 to consider acquiring Synergy Trade Links DMCC, Dubai, as wholly owned subsidiary.
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Announcement under Regulation 30 (LODR)-Credit Rating
2 May - CRISIL upgraded SK Minerals' long-term rating to BBB/Stable and short-term to A3+ on 02.05.2026.
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Outcome Of Board Resolutions Passed By Circulation By The Board Of The Company (Regulation 30 Of SEBI (LODR) Regulations 2015).
1 May - Board reconstituted Audit, NRC and Stakeholders committees after Kapil Khera resigned as Independent Director.
Business Profile[1]
SK Minerals & Additives Limited is engaged in manufacturing and trading of specialty chemicals, primarily food and feed additives, and other industrial chemicals. It serves diverse industries, including Food & Bakery, Animal Feed, Plywood, Petroleum, Leather, and Allied sectors through manufacturing and import-based trading.