Mumbai-based importer and distributor of hydrocarbon-based chemicals (acetyls, alcohols, aromatics, phenolics, glycols) supplying paints, inks, pharma, agrochemical and specialty-polymer manufacturers.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,273 | +8.7% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 5.0 | +0.7 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 35.0 | +29.6% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | +2.7 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -11.78 | −6.5 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −17.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Guidance
4 targets tracked, none judged yet · 4 open · verdicts reflect calls analysed to Q4 FY25.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Revenue Growth CAGR | 40-45% going forward | Q4 FY25 | Target set during Q4 FY25 call | New |
4 of SHIV TEXCHEM LIMITED's 4 targets are still open. See which are on track and which have gone quiet. The 1 above are the free sample; 3 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: ₹166.4 on 24 Oct 2025 → ₹106. High ₹190 (17 Nov 2025), low ₹97.9 (23 Jan 2026).
Overview
Based on the company's own presentations, annual report and earnings calls.
Shiv Texchem imports hydrocarbon-based chemicals from global manufacturers and distributes them to Indian industrial buyers, aggregating customer demand and negotiating price, quality and logistics with overseas suppliers. It is an asset-light distribution business (not a manufacturer) that handles and stores sensitive/hazardous chemicals at facilities near major Indian ports before supplying paints & coatings, printing inks, agrochemical, specialty-polymer, pharmaceutical and industrial-chemical customers. The company differentiates through proprietary base-chemical price-forecasting models and real-time shipment tracking for customers.
Segments
Guidance
4 targets tracked, none judged yet · 4 open · verdicts reflect calls analysed to Q4 FY25.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Revenue Growth CAGR | 40-45% going forward | Q4 FY25 | Target set during Q4 FY25 call | New |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 4 tracked commitments, with each call’s wording and source.
Call summaries
Shiv Texchem Q4 FY25
Shiv Texchem reported a strong H2 and FY25, with significant revenue and profit growth driven by both existing products and new SKU additions. EBITDA margins expanded to 4.4% in H2, exceeding expectations. While management emphasized sustainable growth in niche chemicals, concerns were raised regarding increased receivable days and the need for a potential fundraise to support future expansion.
Read the full callEvery analysed call
Fundamentals
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Net profit, year on year: +30% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 613 | 922 | 1,031 | 1,171 | 1,503 | 1,273 |
| Expenses | 590 | 887 | 996 | 1,120 | 1,430 | 1,210 |
| Operating profit | 23 | 35 | 35 | 51 | 73 | 63 |
| Operating margin | 3.8% | 3.8% | 3.4% | 4.3% | 4.9% | 5.0% |
| Other income | 1 | 1 | 2 | 1 | 3 | 3 |
| Interest | 8 | 11 | 9 | 14 | 18 | 17 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 15 | 25 | 28 | 38 | 58 | 49 |
| Tax rate | 26.0% | 26.0% | 26.0% | 27.0% | 26.0% | 29.0% |
| Net profit | 11 | 19 | 21 | 27 | 43 | 35 |
| EPS (₹ per share) | 8.92 | 10.89 | 12.09 | 11.86 | 18.54 | 15.05 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 23 | 23 | 23 |
| Reserves | 105 | 121 | 191 | 310 | 353 | 387 |
| Borrowings | 120 | 329 | 297 | 409 | 431 | 701 |
| Other liabilities | 198 | 150 | 309 | 511 | 682 | 372 |
| Total liabilities | 425 | 602 | 799 | 1,254 | 1,489 | 1,483 |
| Fixed assets | 0 | 1 | 1 | 1 | 1 | 1 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 2 | 2 |
| Other assets | 425 | 601 | 798 | 1,251 | 1,486 | 1,480 |
| Total assets | 425 | 602 | 799 | 1,254 | 1,489 | 1,483 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -81 | 28 | -162 | 58 | -116 | -327 |
| Cash from investing | 0 | 0 | -1 | 0 | 0 | 0 |
| Cash from financing | 95 | 61 | 193 | -11 | 181 | 256 |
| Net cash flow | 15 | 88 | 30 | 47 | 65 | -71 |
| Free cash flow | -81 | 28 | -163 | 58 | -116 | -327 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 151 | 76 | 41 | 43 | 74 | 74 |
| Inventory days | 0 | 59 | 111 | 104 | 91 | 96 |
| Days payable | 1 | 88 | 41 | 72 | 77 | 47 |
| Cash conversion cycle | 150 | 47 | 112 | 74 | 87 | 123 |
| Working capital days | 17 | 26 | 15 | 18 | 30 | 63 |
| Return on capital employed | — | 11.0% | 11.0% | 13.0% | 14.0% | 15.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Promoters hold 73.65% as of Sept 2026; institutions cut 0.06 pts since Jun 2026.
Named in the Sep 2026 filing
Every holder of SHIV TEXCHEM LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 27.58% | unchanged | |
| 18.41% | unchanged | |
| 12.05% | unchanged | |
| 6.90% | unchanged | |
| 5.18% | unchanged | |
| 3.45% | unchanged | |
| AIF | 2.03% | unchanged |
| AIF | 2.01% | unchanged |
| AIF | 1.82% | unchanged |
| 0.03% | unchanged | |
| 0.03% | unchanged |
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.
Your own record
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