AksharChem India share price & results
- Mar 2026
- Sept 2026
Gujarat-based manufacturer of Vinyl Sulphone, H-Acid, CPC Green pigment and Precipitated Silica, serving dye, ink, rubber, tyre and textile industries.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 106 | +16.6% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 5.0 | −1.9 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 4.8 | +248.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | +1.5 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | −8.7 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance +37.8% 1Y
1Y: ₹267.5 on 24 Oct 2025 → ₹368.55. High ₹463.9 (7 Sept 2026), low ₹145.19 (30 Mar 2026).
- Previous close
- ₹387.35
- Market cap
- ₹311 Cr
- 52-week range
- ₹145.19 – ₹463.9
- One year
- +34.93%
Overview
- Symbol
- NSE:AKSHARCHEM
- Sector
- Chemicals
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What AksharChem India Limited does
Based on the company's own presentations, annual report and earnings calls.
AksharChem manufactures dyes intermediates, pigments and inorganic chemicals across two facilities in Gujarat: Mehsana (Vinyl Sulphone, H-Acid, CPC Green) and Dahej (Precipitated Silica). Vinyl Sulphone is a reactive dye intermediate used in textile dye manufacturing, with backward integration into H-Acid, another key dye intermediate. CPC Green pigment is used as a colouring agent in printing ink, rubber, plastics, paint and leather/tyre applications, while Precipitated Silica serves as a reinforcement additive in the tyre, rubber, agrochemical and food industries. Products are sold domestically and exported to over 30 countries across Europe, North America, the Middle East, Africa and Asia Pacific.
Segments
- Vinyl Sulphone & H-Acid (Dye Intermediates)
- CPC Green (Pigments)
- Precipitated Silica (Inorganic Chemicals)
- Manufacturing facilities
- 2 (Mehsana - Vinyl Sulphone, H-Acid, CPC Green; Dahej - Precipitated Silica)
- Installed capacity - Precipitated Silica (Dahej)
- 18,000 TPA, up from 12,000 TPA after FY25 expansion
- Installed capacity - Mehsana plant
- Vinyl Sulphone 7,800 TPA; CPC Green 2,400 TPA; H-Acid 1,200 TPA
- Precipitated Silica sales volume
- 11,911 MT (FY 2024-25), up from 10,204 MT (FY24) and 8,086 MT (FY23)
- Export presence
- 30+ countries across Europe, North America, Middle East/Africa and Asia Pacific
- Captive solar power capacity
- 94.50 kW
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 2 fiscal years held (Mar 2015 to Mar 2016).
Financials
What the filings say
Net profit, year on year: +248% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 86 | 79 | 91 | 91 | 97 | 89 | 80 | 106 |
| Expenses | 80 | 73 | 84 | 84 | 91 | 87 | 77 | 100 |
| Operating profit | 6 | 6 | 6 | 6 | 6 | 2 | 3 | 5 |
| Operating margin | 7.3% | 7.6% | 7.0% | 6.9% | 6.6% | 2.6% | 3.6% | 5.0% |
| Other income | 0 | 0 | 0 | -0 | 0 | 2 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 2 | 1 | 2 | 1 | 1 | -1 | -3 | -1 |
| Tax rate | 27.7% | 26.2% | 22.1% | −6.9% | 31.1% | −2.8% | 50.5% | −584.0% |
| Net profit | 1 | 1 | 1 | 1 | 1 | -1 | -5 | 5 |
| EPS (₹ per share) | 1.43 | 1.29 | 1.48 | 1.73 | 0.88 | -1.71 | -5.75 | 6.03 |
| Line item | Mar 2016 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 188 | 335 | 302 | 346 | 372 |
| Expenses | 155 | 319 | 301 | 321 | 355 |
| Operating profit | 32 | 15 | 2 | 25 | 17 |
| Other income | 1 | 0 | 0 | 0 | 2 |
| Interest | 3 | 3 | 4 | 5 | 7 |
| Depreciation | 4 | 13 | 14 | 14 | 17 |
| Profit before tax | 26 | -0 | -16 | 6 | -4 |
| Net profit | 17 | -1 | -19 | 5 | -0 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 272 | 270 | 251 | 256 | 254 | 254 |
| Borrowings | 50 | 25 | 52 | 67 | 75 | 108 |
| Other liabilities | 76 | 62 | 70 | 85 | 90 | 82 |
| Total liabilities | 406 | 365 | 380 | 415 | 427 | 452 |
| Fixed assets | 231 | 225 | 235 | 232 | 269 | 287 |
| Capital work in progress | 16 | 17 | 11 | 45 | 15 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 159 | 122 | 135 | 139 | 144 | 156 |
| Total assets | 406 | 365 | 380 | 415 | 427 | 452 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 49 | 4 | 38 | -7 | 35 | 2 |
| Cash from investing | -49 | -24 | -8 | -16 | -44 | -36 |
| Cash from financing | 1 | 18 | -30 | 23 | 9 | 34 |
| Net cash flow | 1 | -1 | 0 | 0 | 0 | 0 |
| Free cash flow | -2 | -20 | 29 | -23 | -9 | -34 |
| Line item | Mar 2015 | Mar 2016 |
|---|---|---|
| Debtor days | 38 | 44 |
| Inventory days | 53 | 54 |
| Days payable | 111 | 96 |
| Cash conversion cycle | -19 | 2 |
| Working capital days | 8 | 28 |
| Return on capital employed | — | 27.0% |
| Dividend payout | 16.0% | 15.0% |
What the price assumes
- Growth the price implies
- 38.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Ownership
Who owns it
Promoters hold 62.70% as of Sept 2026; institutions added 0.01 pts since Jun 2026.
- Promoters 62.70%
- Foreign institutions 0.01%
- Domestic institutions 0.06%
- Public 37.24%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.17% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of AksharChem India Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 38.87% | unchanged | |
| 19.87% | unchanged | |
| 3.95% | unchanged | |
| 2.55% | unchanged | |
| 2.33% | unchanged | |
| 2.07% | unchanged | |
| 1.55% | unchanged | |
| 1.17% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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