SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms rating of Shree Hari Chemicals Exports’ bank facilities

18 Mar 2016 Evaluate

Credit rating agency, CARE has reaffirmed ‘BB+’ rating to Shree Hari Chemicals Exports’ long term bank facilities worth Rs 2 crore and ‘A4+’ rating to company’s Short term Bank Facilities worth Rs 7.35 crore.

The ratings assigned to the bank facilities of Shree Hari Chemicals Exports (SHCEL) continue to be constrained by modest scale of operation, susceptibility of profitability to fluctuation in raw material price and exchange rates and operations in the highly competitive and fragmented industry.

The reaffirmation of the ratings factors in the significant fluctuation in the total income and profit margin in FY15 (refers to the period April 01 to March 31) and 9MFY16 along with marginal decline in the working capital cycle.

Shree Hari Chemicals offer qualitative range of dye intermediates, drug intermediates, with the ever-growing demand of dyes and pharmaceutical industries.

Shree Hari Chem Share Price

103.00 2.00 (1.98%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×