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Shivam Chemicals Ltd (544165)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544165 NSE: Chemicals | Small Cap | Shivam Chemicals Share Price

₹129 -5.00 (-3.73%)

As on 28-Sep'26 10:12

Shivam Chemicals Ltd (544165)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544165 NSE: Chemicals | Small Cap | Shivam Chemicals Share Price

₹129 -5.00 (-3.73%)

As on 28-Sep'26 10:12

Key Metrics
Valuation Multiples
Market Cap
₹228 Cr.
Current Price
₹129
52-Week Low / High
₹60 / 139
TTM EPS
₹3.6
TTM Sales
₹284 Cr.
Book Value per Share
₹24.5
P/E Ratio
36.78
Lower than its 5-year historical median
Industry PE
48
Price to Book (P/B)
5.47
Higher than its 5-year historical median
Price to Sales (P/S)
0.80
Higher than its 5-year historical median
EV/EBITDA
22.48
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
8.29%
Outperforms industry median
Return on Capital Employed (ROCE)
11.39%
Outperforms industry median
Return on Assets (ROA)
4.21%
Operating Profit Margin
2%
Net Profit Margin
0.93%
Gross Profit Margin
1.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
52.09%
Operating Profit Growth (1 Year)
-
27.93%
Net Profit Growth (1 Year)
-
72.73%
Asset Quality
Promoter Holding
73.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹25 Cr.
Equity
₹17 Cr.
Face Value
₹10
All Time Low / High
₹45.00 / 130.40

Shivam Chemicals stock performance

Key Ratios
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Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Shivam Chemicals Ltd a good quality company?
Shivam Chemicals Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shivam Chemicals Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shivam Chemicals Ltd vs industry peers?
Shivam Chemicals Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Shivam Chemicals Ltd?
Promoters hold 73.00% of the Shivam Chemicals Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shivam Chemicals Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 74.03% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shivam Chemicals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ23.8%58%30.9%13.2%12.6%-
Value Creation
Index ⓘ
0.73.11.2-0.1-0.1-

Growth Parameters ⓘ

Sales ⓘ95.5178157136207270
Sales YoY Gr.-86.3%-12%-12.9%52.1%-
Adj EPS ⓘ0.73.631.61.42.8
YoY Gr.-415.9%-16.6%-47.1%-14%-
BVPS (₹) ⓘ4.37.811.212.821.624.6
Adj Net
Profit ⓘ
0.94.43.71.92.35
Cash Flow from Ops. ⓘ1.5-3-2.2-3.8-10.7-
Debt/CF from Ops. ⓘ1-1.7-3.1-2.9-1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA5.2%52.1%
Adj EPS ⓘNANA-27.6%-14%
BVPSⓘNANA40.3%69%
Share Price - - - 67.5%

Key Financial Parameters ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ
16.358.831.313.18.712
Op. Profit
Mgn % ⓘ
1.73.63.22.31.9NAN
Net Profit
Mgn % ⓘ
0.92.52.41.41.11.8
Debt to
Equity ⓘ
0.30.50.50.70.3-
Working Cap
Days ⓘ
0335272680
Cash Conv.
Cycle ⓘ
0132126270

Valuation of Shivam Chemicals - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'23Mar'24Mar'25
Sales157147224
Operating Expenses ⓘ + 151143220
Manufacturing Costs7911
Material Costs141129204
Employee Cost 121
Other Costs ⓘ 334
Operating Profit ⓘ 545
Operating Profit Margin (%) 3.2%2.4%2.0%
Other Income ⓘ + 001
Exceptional Items ⓘ 000
Interest ⓘ 012
Depreciation ⓘ 011
Profit Before Tax ⓘ 523
Tax ⓘ 111
Profit After Tax 412
PAT Margin (%) 2.4%0.8%0.9%
Adjusted EPS (₹)3.01.01.2
Dividend Payout Ratio (%)0%0%0%
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 141535
Share Capital ⓘ 0.4012.4016.99
Reserves ⓘ 13318
Debt +141614
Long Term Debt754
Short Term Debt71110
Minority Interest000
Trade Payables276
Others Liabilities ⓘ 233
Total Liabilities ⓘ 314158

Fixed Assets

Net Fixed Assets ⓘ +41516
Gross Block51718
Accumulated Depreciation023
CWIP ⓘ 1000
Investments ⓘ 000
Inventories015
Trade Receivables121825
Cash Equivalents 001
Others Assets ⓘ 5613
Total Assets ⓘ 314158
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 95-15
PBT ⓘ 523
Adjustment ⓘ 022
Changes in Working Capital ⓘ 51-19
Tax Paid ⓘ -1-1-1
Cash Flow From Investing Activity ⓘ + -14-2-1
Capex -14-2-1
Net Investments 000
Others ⓘ 000
Cash Flow From Financing Activity ⓘ + 5-315
Net Proceeds from Shares ⓘ 0020
Net Proceeds from Borrowing ⓘ 3-2-1
Interest Paid ⓘ -0-1-2
Dividend Paid ⓘ 000
Others ⓘ 20-2
Net Cash Flow ⓘ 0-0-0
PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)26.928.348.29
ROCE (%)20.019.4411.39
Asset Turnover Ratio5.014.064.51
PAT to CFO Conversion(x)2.255-7.5
Working Capital Days
Receivable Days28.2037.8035.20
Inventory Days01.304.20
Payable Days5.2013.4012.10

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shivam Chemicals Ltd FAQs

The current trading price of Shivam Chemicals on 28-Sep-2026 10:12 is ₹129.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Sep-2026 the market cap of Shivam Chemicals stood at ₹227.6 Cr

The latest P/E ratio of Shivam Chemicals as of 27-Sep-2026 is 48.32.

The latest P/B ratio of Shivam Chemicals as of 27-Sep-2026 is 5.45.

The 52-week high of Shivam Chemicals is ₹139.0 and the 52-week low is ₹59.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shivam Chemicals is ₹270 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shivam Chemicals Ltd is a below average quality company.

The key valuation ratios of Shivam Chemicals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shivam Chemicals Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Shivam Chemicals Ltd

Shivam Chemicals Limited was incorporated as Sun Organosys Private Limited on October 12, 2010 under the provisions of Companies Act, 1956 with the Registrar of Companies, Mumbai. The name of the Company was changed to Shivam Chemicals Private Limited vide Ordinary Resolution dated January 17, 2012 and a fresh certificate of incorporation was issued on January 30, 2012 by the Registrar of Companies, Mumbai. Thereafter, the status of the Company was changed to Public Limited and the name of the Company was changed to Shivam Chemicals Limited vide Special Resolution dated November 04, 2023 and a fresh certificate of incorporation consequent to conversion was issued on November 21, 2023 by the Registrar of Companies, Mumbai.

The company is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. With rich experience and knowledge it has built a well-established marketing network across India and it distributes animal feed products for various well renowned manufacture over the years. The Company is engaged in the business of wholesale sale of feed ingredient such as Di Calcium Phosphate and Mono Calcium Phosphate and Chemical Product such as Hydrated Lime (Calcium Hydroxide) and Quick lime (Calcium oxide). The company offers wide range of high-quality feed products. It consists of poultry feed, cattle feed and specialised chemical. The manufacturing activity is carried out by its wholly owned subsidiary Shivam Chemicals and Minerals Private Limited and is located at Dahej Gujarat. 

Business area of the company

The company is engaged in the business of wholesale sale of feed ingredient such as Di Calcium Phosphate and Mono Calcium Phosphate and Chemical Product such as Hydrated Lime (Calcium Hydroxide) and Quick lime (Calcium oxide).

Products of the company 

  • Poultry feed supplement (MBM)
  • Di -Calcium Phosphate (Feed Grade) 
  • Magnesium Oxide
  • Limestone Powder
  • Hydrated Lime (Calcium Hydroxide)

History and milestones

  • 2010: The Company was incorporated as Private Company in the name of Sun Organosys Private Limited
  • 2012: Change of Name of the company from Sun Organosys Private Limited to Shivam Chemicals Private Limited. 
  • 2018 Awarded as Platinum Supplier of DCP by Godrej Agrovet. 
  • 2020: Awarded as Platinum Supplier of DCP by Godrej Agrovet. 
  • 2022: Awarded as Elite Supplier? of Di-Calcium Phosphate by Godrej Agrovet. 
  • 2022: The Company acquired entire shares of Shivam Chemicals & Minerals Pvt. Ltd.
  • 2023: Conversion of company from Private Limited Company to Public Limited Company vide Special Resolution passed at General Meeting dated November 04, 2023.

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