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Shree Pushkar Chemicals & Fertilisers Limited (SHREEPUSHK) · mywealthgrid

About

Shree Pushkar operates in Dyes and Pigments within Chemicals & Petrochemicals, a cyclical materials sector. With a market cap of ₹1,241 Cr and standalone revenue around ₹150–250 Cr per quarter, the company operates at mid-market scale with diversified consolidated operations. Promoter-led (69.36% ownership) and conservatively leveraged (D/E 0.21), it has maintained operating margins in the 8.87%–12.25% range over recent quarters.

Face value: ₹10

Market cap

₹1,588 Cr

P/E

22.0×

P/B

2.6×

Dividend yield

0.8%

ROE

12.2%

ROCE

14.2%

Debt / equity

0.21

OPM

10.2%

EPS (TTM)

₹22.3

Book value

₹188.9

52-week high

₹514.9

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue volatility: standalone revenue ranged ₹137–₹248 Cr over recent quarters; OPM swung 8.87%–12.25%, creating earnings unpredictability. Verify: demand drivers, capacity utilization, raw-material cost hedging.
Moderate capital returns: ROE 12.2% with average OPM 10.19% suggests potential asset-productivity or deployment constraints. Verify: working-capital efficiency, fixed-asset turnover, capex absorption capability.
Cyclical sector dynamics: Dyes & Pigments face commodity pricing pressure and environmental compliance costs. Verify: peer margin benchmarks, pending regulatory capex, substitute-product threats.
Institutional access: minimal FII/DII holding (0.51%/0–0.29%), high promoter concentration (69.36%) may constrain external capital availability. Verify: capital-raising track record, related-party transaction policies.

Generated analysis · source review pending

Growth drivers

Consolidated subsidiary scale (₹280.07 Cr revenue Jun 2026 vs ₹157.41 Cr standalone) indicates diversification; verify subsidiary growth trajectory and new acquisition plans.
Low leverage (D/E 0.21) permits capex-funded expansion; verify planned capacity additions and return profile.
Margins stable at 8.87%–12.25% OPM despite revenue volatility; verify if pricing power or cost discipline enables volume growth without compression.
Regular dividends (annual since 2021) indicate cash generation; verify capital allocation strategy and retained-earnings deployment for growth.

Generated analysis · source review pending

₹491.5+12.4%1Y

Beta

1.15

Moves with the index

Volatility (1y)

45.5%

Annualised, daily returns

RSI (14)

Neither overbought nor oversold

Rel. strength (1y)

1.2%

Ahead of the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+Profit CAGR of 19.7% over the last 5 years
+Revenue CAGR of 22.4% over the last 5 years
+Comfortable interest coverage of 19.9×
+High promoter holding of 69.4% with no pledge

Cons

−Low return on equity of 10.6% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 53
Growth: 55
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Sudarshan Chemical Industries LimitedSUDARSCHEMSUDARSCHEM	₹9,758 Cr	₹11,877 Cr	₹9,922 Cr	₹656 Cr	6%	₹72 Cr	0.4%	4.7%	0.6%	129
Kiri Industries LimitedKIRIINDUSKIRIINDUS	₹3,551 Cr	₹3,591 Cr	₹950 Cr	₹-189 Cr	-26.3%	₹5,847 Cr	663%	-1.7%	115%	-62
Bodal Chemicals LimitedBODALCHEMBODALCHEM	₹2,389 Cr	₹3,189 Cr	₹2,267 Cr	₹183 Cr	8%	₹69 Cr	2.4%	8.4%	4.2%	105
Bhageria Industries LimitedBHAGERIABHAGERIA	₹1,666 Cr	₹1,767 Cr	₹1,003 Cr	₹116 Cr	10.4%	₹69 Cr	5.1%	9.9%	8%	56
Shree Pushkar Chemicals & Fertilisers LimitedSHREEPUSHKSHREEPUSHK	₹1,588 Cr	₹1,715 Cr	₹1,002 Cr	₹102 Cr	10.2%	₹72 Cr	7.2%	14.2%	12.2%	53
Ultramarine & Pigments LimitedULTRAMARULTRAMAR	₹1,186 Cr	₹1,265 Cr	₹775 Cr	₹124 Cr	16%	₹81 Cr	10.4%	10.7%	8.8%	—
Sudarshan Colorants India LimitedSUDARCOLORSUDARCOLOR	₹850 Cr	₹850 Cr	₹791 Cr	₹72 Cr	9.1%	₹41 Cr	5.2%	12.2%	9.1%	—
Asahi Songwon Colors LimitedASAHISONGASAHISONG	₹438 Cr	₹579 Cr	₹575 Cr	₹71 Cr	9.3%	₹34 Cr	3.3%	10.4%	7.1%	85
Aksharchem India LimitedAKSHARCHEMAKSHARCHEM	₹303 Cr	₹412 Cr	₹416 Cr	₹33 Cr	4.6%	₹14 Cr	-0.1%	0.2%	-0.2%	92
Poddar Pigments LimitedPODDARMENTPODDARMENT	₹269 Cr	₹275 Cr	₹374 Cr	₹22 Cr	6.3%	₹15 Cr	3.9%	5.7%	4.1%	137
Hindprakash Industries LimitedHPILHPIL	₹130 Cr	₹161 Cr	₹100 Cr	₹4 Cr	2.6%	₹2 Cr	1.6%	8.2%	3.2%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	395	355	584	684	726	806	977
COGS	272	212	358	431	481	509	645
Gross profit	123	143	226	253	245	297	332
	62	100	147	185	184	213	232
	61	43	80	68	61	84	100
OPM %	15.5%	12.2%	13.6%	10%	8.4%	10.4%	10.2%
Depreciation	8	13	14	19	22	23	23
Interest	3	1	2	2	2	2	5
	2	7	7	8	11	11	14
Profit before tax	52	36	71	56	48	70	85
Tax	16	7	15	18	11	11	15
Tax %	30%	20.4%	21.5%	33%	23.2%	15.9%	17.6%
	37	29	56	37	37	59	70
PAT margin %	9.3%	8%	9.5%	5.4%	5.1%	7.3%	7.2%
EPS (₹)	12.1	9.3	18	11.8	11.7	18.3	21.7
EPS adjusted (₹)	—	9.3	18	11.8	11.7	18.1	21.7
	0%	10.8%	11.1%	12.7%	12.8%	11%	9.7%
Annual report	Annual report for Mar 2018	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	31	31	32	32	32	32
Reserves	308	365	406	442	507	578
	54	88	65	108	99	127
	93	140	154	128	229	233
Total equity & liabilities	486	624	657	710	867	970
	175	195	313	295	308	305
CWIP	81	110	0	42	54	149
Investments	65	77	95	118	94	141
	165	243	249	254	411	375
Total assets	486	624	657	710	867	970

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	31.2%	40.3%	38.7%	37%	33.7%	36.8%	33.9%
EBITDA margin %	15.5%	12.2%	13.6%	10%	8.4%	10.4%	10.2%
EBIT margin %	13.5%	8.6%	11.2%	7.3%	5.4%	7.6%	7.8%
PAT margin %	9.3%	8%	9.5%	5.4%	5.1%	7.3%	7.2%
Working capital
Receivable days	—	79	59	68	80	79	67
Inventory days	—	95	94	70	48	115	77
Payable days	—	85	87	81	56	113	91
NWC days	—	89	66	57	71	81	53
Leverage
Current ratio	—	1.36	1.56	1.83	1.8	1.67	1.68
Debt to EBITDA	—	1.24	1.11	0.95	1.77	1.18	1.28
Debt to equity	—	0.16	0.22	0.15	0.23	0.18	0.21
Interest coverage	19.3	25.7	37.1	26.1	31.9	31.4	19.9
Asset turnover	—	0.73	0.94	1.04	1.02	0.93	1.01
Return ratios
Return on assets %	—	5.9%	8.9%	5.7%	5.2%	6.8%	7.2%
Return on capital employed %	—	10.1%	18.1%	12.7%	10.1%	13.1%	14.2%
Return on equity %	—	8.4%	14%	8.5%	7.8%	10.9%	11.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	68.6%	68.6%	68.6%	68.6%	69.36%	69.36%	69.36%	69.36%	69.36%	69.36%	69.36%	69.36%
	1.35%	1.35%	1.39%	1.59%	1.62%	0.41%	0.86%	0.42%	1.47%	0.59%	0.43%	0.51%
	1.04%	0.75%	0%	0.01%	0%	0%	0%	0%	0%	0.38%	0.29%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	29.01%	29.3%	30.01%	29.8%	29.02%	30.23%	29.78%	30.22%	29.17%	29.67%	29.92%	30.13%
No. of shareholders	—	—	—	—	—	—	—	—	17,877	17,247	16,723	16,315

Promoter holding up 0.76 percentage points since Sep 2023.

42 deals · 7 Sept 2021 – 24 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	4,66,888	₹399.99	₹18.68 Cr
24 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	4,66,888	₹399.74	₹18.66 Cr
24 Apr 2026	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Sell	2,32,839	₹400.48	₹9.32 Cr
24 Apr 2026	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Buy	2,32,839	₹400.12	₹9.32 Cr
24 Apr 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	2,00,467	₹398.20	₹7.98 Cr
24 Apr 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	1,99,784	₹398.95	₹7.97 Cr
24 Apr 2026	BLITZQUANT RESEARCH LLP	Bulk	NSE	Sell	1,65,631	₹400.62	₹6.64 Cr
24 Apr 2026	BLITZQUANT RESEARCH LLP	Bulk	NSE	Buy	1,65,631	₹400.42	₹6.63 Cr
23 Sept 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	2,11,324	₹458.05	₹9.68 Cr
23 Sept 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	2,10,858	₹454.02	₹9.57 Cr

1–10 of 42

1 / 5

Mr. Punit Gopikishan MakhariaExecutive Director-Chairperson-MD
Mr. Gautam Gopikishan MakhariaExecutive Director-MD
Mr. Ramakant Madhav NayakNon-Executive - Non Independent Director
Mr. Satpal Kumar AroraNon-Executive - Independent Director
Mr. Ishtiaq AliNon-Executive - Independent Director
Mrs. Barkharani Harsh NevatiaNon-Executive - Independent Director
Deepak BeriwalaChief Financial Officer
Mr. Pankaj ManjaniCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Shree Pushkar Chemicals & Fertilisers Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

With Reference to the captioned subject matter and pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, we would like to inform and disclose ....27 Jul 2026

Investor Presentation and earnings call

Aug 2026Transcript AI Summary PPTREC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

10

Final dividend18 Sept 2026 · ex-date₹2.1
Final dividend19 Sept 2025 · ex-date₹2
Final dividend20 Sept 2024 · ex-date₹1.5
Dividend dividend22 Sept 2023 · ex-date₹1.5
Final dividend21 Sept 2022 · ex-date₹2
Dividend dividend16 Sept 2021 · ex-date₹1
Interim dividend27 Feb 2020 · ex-date₹0.5
Final dividend12 Sept 2019 · ex-date₹1.5
Dividend dividend31 Aug 2017 · ex-date₹1.5
Interim dividend22 Mar 2016 · ex-date₹1

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

78 announcementsExport CSV

4 Sept 2026, 7:13 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

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Date	Category	Subject	Filing
4 Sept 2026, 7:13 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
26 Aug 2026, 2:24 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
18 Aug 2026, 7:24 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF
17 Aug 2026, 4:48 pm	Company Update General	Commissioning Of Solar Plant At Nanded, Maharashtra	PDF
14 Aug 2026, 2:32 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
13 Aug 2026, 7:08 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
12 Aug 2026, 9:27 pm	Company Update Investor Presentation	Announcement under Regulation 30 (LODR)-Investor Presentation	PDF
12 Aug 2026, 9:24 pm	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	17	11	56	76	41	42	50	16	38	102
	-12	-43	-40	-61	-33	-63	-38	-58	-35	-128
	-5	32	-15	-14	-7	31	-22	38	-0	25
Net cash flow	—	—	—	—	2	10	-9	-3	2	-2
Free cash flow	—	—	—	—	8	-16	24	-30	-9	-14
CFO / Operating profit %	—	18.1%	—	—	95.3%	53%	73.7%	26.6%	44.7%	102.3%

Shree Pushkar Chemicals & Fertilisers Limited

Shree Pushkar Chemicals & Fertilisers Limited

About

Key insights

Key risks

Growth drivers

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends10

Board meetings1

Announcements

Dividends10

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

10

1

10

1