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    Shivalik Rasayan Limited

    Chemicals
    Commodities

    Overview

    Price

    Market Cap

    ₹400 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital77778888
    Reserves169172280412500528579591
    Borrowings102938587694100114
    Other Liabilities142155163101109104117106
    Total Liabilities328363488578692734804819
    AssetsFixed Assets52210221218214337337335
    CWIP1020357117000
    Investments00000000
    Other Assets175153264303362398467484
    Total Assets328363488578692734804819

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-865911-19-8-9-34
    Cash from Investing-24-102-65-23-71-74-21-21
    Cash from Financing1001027850892162
    SummaryCapital Expenditure
    Free Cash Flow-37-85-6-14-82-76-32-51
    FCF Margin

    Valuation

    Assumptions

    Current — SHIVALIK
    Price
    ₹220
    EPS (TTM)
    ₹7.55
    PE (TTM)
    29.1
    Profit growth
    -15.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (72.0×) and current (29.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹220
    vs
    Fair value · 15% return
    ₹36
    84%Overvalued

    At -15.5% growth and a 29× exit, ₹220 only delivers your return if you pay ₹36. The price is currently baking in 18% growth.

    EPS grows -15.5%/yr for 5 years, then fades to 6% over 2, exits at 29×.

    YearGrowthEPS (₹)
    FY27-15.5%6.38
    FY28-15.5%5.39
    FY29-15.5%4.56
    FY30-15.5%3.85
    FY31-15.5%3.25
    FY32-4.8% ·fade3.10
    FY336.0% ·fade3.28

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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