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    Ishan Dyes and Chemicals Limited

    Ahmedabad-based manufacturer, trader, exporter and importer of chemicals used in dyes and pigments

    Chemicals
    Commodities

    Overview

    Price

    Market Cap

    ₹150 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1616172121212627
    Reserves384969828283114115
    Borrowings210192259928890
    Other Liabilities101510617261024
    Total Liabilities6790114131179222239256
    AssetsFixed Assets29313762646261164
    CWIP110130711034
    Investments00000000
    Other Assets3759776885887488
    Total Assets6790114131179222239256

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating53-2-920-9129
    Cash from Investing-7-5-3-8-41-25-39-45
    Cash from Financing2351620342836
    SummaryCapital Expenditure
    Free Cash Flow-2-3-6-16-9-43-31-31
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    ISHANCH · CAPITAL_INTENSIVE

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