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NSE · ISHANCH · Basic Materials

Ishan Dyes N Chemicals Limited

LT-ASM · ASM 1
51.5
market cap
P/E
92.11
EPS
₹0.56
Book value
₹52.06
ROE
ROCE
4.06%
Debt / equity

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

026.1252.2378.35104Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹104 Cr with net profit ₹1 Cr — a 1.04% net margin, versus 0.15% the period before.

Shareholding

As of 2026-06-30

40.15%
promoter holding
  • Promoter40.15%
  • Public59.85%

8,487 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

47.19%40.15%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

4551.583.37

The band spans 1.85× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — LT-ASM · ASM 1. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Chemicals · ranked #1 of 159 by market cap · medians across 50 industry peers

P/E
92.11vs 131.1 peer med
P/B
0.99vs 3.77 peer med
ROE %
vs 10.7 peer med
Margin %
vs 8.7 peer med
CompanyMkt capP/EP/BROEMargin
Solar Industries India Ltd.₹1,64,773 Cr300.8826.2526.72%17.05%
Pidilite Industries Ltd.₹1,64,503 Cr284.0615.1922.61%16.77%
SRF Ltd.₹78,224 Cr134.435.5713.07%11.9%
Linde India Limited₹57,260 Cr739.4313.4212.48%0.18%
Gujarat Fluorochemicals Ltd.₹50,476 Cr463.216.477.3%11.49%
Godrej Industries Ltd.₹43,737 Cr98.453.9111.1%5.58%
Navin Fluorine International Ltd.₹38,860 Cr182.599.7716.69%20.02%
Himadri Speciality Chem Limited₹38,413 Cr191.298.1615.96%16.12%
Deepak Nitrite Ltd.₹22,859 Cr104.033.929.43%6.98%
Deepak Fertilisers & Petrochemicals Corp Ltd.₹20,668 Cr148.33.0210.77%6.41%
Ishan Dyes N Chemicals Limited(this company)91.960.99

AI analysis

AI-generated · google/gemini-2.5-flash

Ishan Dyes N Chemicals Limited, incorporated in 1993, manufactures, trades, exports, imports, and deals in chemicals used in dyes and pigments in India. The company offers phthalocyanine blue products, including copper phthalocyanine crude blue, solvent dye, and pigment alpha, beta blue. These products are utilized in paints, textiles, inks, plastics, and rubber industries. The company is based in Ahmedabad, India. It has a market capitalization of Rs 150 Cr.

Positives

  • +Promoter holding of 40.1463% in June 2026 indicates a significant stake by the founders or key individuals.
  • +The debt-to-equity ratio is 0.74, which is below 1.
  • +The company has no pledged promoter holding, with promoter pledge at 0%.

Negatives

  • The trailing twelve months Earnings Per Share (EPS) is 0, indicating no earnings power.
  • The company recorded a negative profit margin of -9.68%.
  • Return on Equity (ROE) is negative at -5%, indicating losses relative to shareholder investment.
  • The company's PE ratio is 93.16 indicating a high valuation relative to its current low or negative earnings.
  • The company is under surveillance categorized as 'LT-ASM · ASM 1'.

Business

Ishan Dyes N Chemicals Limited operates in the Basic Materials sector, focusing on the production and trade of chemicals for dyes and pigments. Its product range includes copper phthalocyanine crude blue, solvent dye, and pigment alpha, beta blue. These chemicals find applications in various industries such as paints, textiles, inks, plastics, and rubber. The company engages in manufacturing, trading, exporting, and importing activities within India for these chemical products.

Financial Performance

In the fiscal year ending March 2024, the company recorded revenue of Rs 79.5871 Cr, resulting in a net profit of Rs 0.1173 Cr. This followed a negative net profit of Rs -1.2018 Cr on revenue of Rs 66.7218 Cr in March 2023. For the fiscal year ending March 2025, revenue increased to Rs 104.4685 Cr, with a net profit of Rs 1.085 Cr. However, the latest available quarterly data for December 2025 shows a net loss of Rs -5.25 Cr on revenue of Rs 18.69 Cr, and for March 2026, a net profit of Rs 1.46 Cr on revenue of Rs 31.76 Cr.

Profitability & Returns

Ishan Dyes N Chemicals Limited reported a profit margin of -9.68%. The Return on Equity (ROE) stood at -5%, indicating a loss relative to shareholders’ equity. The Return on Capital Employed (ROCE) was 0.8814%, suggesting a low return on total capital utilised in the business. The company's EPS was 0.06 in March 2024 and 0.52 in March 2025, but the latest annual EPS is 0.

Balance Sheet

The company maintains a debt-to-equity ratio of 0.74, indicating that its operations are funded by a mix of debt and equity. The book value per share is Rs 51.61. The current EPS is 0, while the company's PE ratio stands at 93.16.

Ownership & Pledges

The public shareholding is 59.8537%. There is no pledged promoter holding, with promoter pledge at 0%. No shares are held by DIIs or FIIs. The company has 8487 shareholders.

Regulatory & Surveillance

Ishan Dyes N Chemicals Limited is currently under surveillance. The company is labelled under LT-ASM, specifically 'ASM 1', suggesting it is subject to Additional Surveillance Measures due to volume, price variation, or other criteria.

Data as of — price: 2026-07-29 · financials: Mar 25 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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