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 ₹ 508 Cr.
- Current Price ₹ 415
- High / Low ₹ 507 / 102
- Stock P/E 27.3
- Book Value ₹ 116
- Dividend Yield 0.00 %
- ROCE 26.2 %
- ROE 34.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 121 | 132 | 109 | 212 | 318 | |
| Sales growth | +9% | -18% | +95% | +50% | |
| 119 | 128 | 102 | 193 | 286 | |
| Operating Profit | 2 | 4 | 7 | 19 | 32 |
| OPM % | 1.8% | 3.0% | 6% | 9% | 10% |
| 1 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 2 | 3 | 5 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 4 | 15 | 27 |
| Tax % | 28% | 32% | 25% | 28% | 33% |
| 2 | 2 | 3 | 11 | 18 | |
| EPS in Rs | 6.52 | 3.44 | 12.16 | 14.80 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 122% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 199% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 40% |
| Last Year: | 35% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2 | 5 | 9 | 12 | 12 |
| Reserves | 3 | 5 | 8 | 15 | 68 | 130 |
| 11 | 24 | 35 | 45 | 100 | 134 | |
| 12 | 8 | 7 | 7 | 6 | 3 | |
| Total Liabilities | 25 | 38 | 54 | 75 | 186 | 279 |
| 2 | 2 | 5 | 5 | 23 | 28 | |
| CWIP | 0 | 1 | 0 | 0 | 0 | 28 |
| Investments | 0 | 0 | 0 | 2 | 25 | 23 |
| 23 | 34 | 49 | 68 | 138 | 200 | |
| Total Assets | 25 | 38 | 54 | 75 | 186 | 279 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -4 | -11 | -9 | -3 | -75 | |
| -2 | -2 | -2 | -1 | -18 | |
| 6 | 14 | 13 | 7 | 89 | |
| Net Cash Flow | -0 | 0 | 2 | 3 | -4 |
| Free Cash Flow | -6 | -13 | -11 | -4 | -94 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -203% | -308% | -142% | -24% | -241% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 50 | 22 | 59 | 48 | 61 |
| Inventory Days | 10 | 13 | 31 | 41 | 36 |
| Days Payable | 8 | 7 | 0 | 0 | 0 |
| Cash Conversion Cycle | 52 | 28 | 89 | 89 | 97 |
| Working Capital Days | 8 | 25 | 27 | 31 | 50 |
| ROCE % | 16% | 16% | 32% | 26% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Capacity Utilization - Feed Additives % |
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| Installed Capacity - Feed Additives MT |
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| Manufacturing Revenue Mix % |
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| Top 10 Customer Concentration % |
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| Capacity Utilization - Food Additives % |
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| Installed Capacity - Food Additives MT |
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| Total Sales Volume MT |
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| Order Book INR Crore |
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Extracted by Screener AI
Documents
Announcements
-
Statement Of Deviations Or Variations Under Regulation 32 Of SEBI (LODR) Regulations, 2015.
- Board approved Q2/H1 FY2026 unaudited results and noted warrant issue monitoring report.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Board approved unaudited Q2 and half-year results for 30 September 2026, plus warrant and IPO deviation reports.
-
Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 & 33 Of SEBI (LODR) Regulations, 2015)
- Board approved unaudited results for quarter and half-year ended 30 September 2026; noted warrant monitoring and deviation statement.
-
Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Results Of The Company For The Quarter/Half Year Ended 30Th September, 2026
- Board meeting on 12 Nov 2026 to approve unaudited Q2 and half-year FY2026 results.
-
Disclosure As per Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
- SK Minerals secured a fresh domestic food additives order worth Rs. 59.90 lakh.
Concalls
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Jun 2026Transcript
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.