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 ₹ 171 Cr.
- Current Price ₹ 140
- High / Low ₹ 204 / 102
- Stock P/E 12.7
- 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
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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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Cessation
1d - Mr. Pawan Kumar Jain resigned as CMO effective March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - CMO Pawan Kumar Jain resigned effective March 31, 2026.
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Quarterly Update On Estimated Turnover Of SK Minerals & Additives Limited For The Quarter Ended 31St March, 2026.
1 Apr - Estimated standalone revenue Rs.12,708.35 lakh Q4 FY2026; FY revenue Rs.31,810.17 lakh; 50.28% YoY growth.
- Closure of Trading Window 27 Mar
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015
27 Mar - Dr Ashish Mathur appointed effective 24-Mar-2026; Lakshmi Iyer reappointed 25-Feb-2026–24-Feb-2031; Ramit Sikka reappointed 29-Mar-2026–28-Mar-2031.
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.