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AksharChem (India) Ltd (AKSHARCHEM)

₹313.650.13%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹311.2
    ₹316.2
  • 52 Week's Low

    52 Week's High

    ₹231.25
    ₹365.5
1 Month Return-1.72 %
3 Month Return+ 11.15 %
1 Year Return+ 31.13 %
Previous Close₹314.05
Open₹314.25
Volume6,650.00
Upper Circuit-
Lower Circuit-
Market Cap₹252.28Cr

Key Statistics

P/E Ratio10.05
PEG Ratio0.5
Market Cap₹252.28 Cr
P/B Ratio0.59
EPS22.04

Company Information

AksharChem India Ltd (formerly Audichem India Ltd) is an India-based international chemical manufacturing company with a total manufacturing capacity of 23400 metric tonnes per annum. Specialising in organic and inorganic chemicals, the company has exports to over 20 countries. Following a Scheme of Arrangement in 2014-15, the company introduced CPC Green Division and increased its share capital to 889690 equity shares through Qualified Institutional Placement in 2017-18. The company also announced a Capex plan of Rs 175 Crores and has recently commissioned a Precipitated Silica plant at Dahej. Committed to its goals, AksharChem India Ltd is the perfect choice for customers worldwide for its products and services.

Share Price: ₹313.65 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹252.28Cr as of today
Revenue: ₹59.25Cr as on June 2016 (Q2 16)
Net Profit: ₹9.45Cr as on June 2016 (Q2 16)
Listing date: 28 Mar, 2017
Chairperson Name: Paru M Jaykrishna
OrganisationAksharChem (India) Ltd
HeadquartersAhmedabad
IndustryChemicals
E-voting on sharesClick here to vote

Key events for AksharChem (India) Ltd

  • AksharChem (India) Ltd's Stock Price Drops 29% in a Month - 29 Mar, 2024

    AksharChem (India) Ltd's stock price has dropped by 29% in the past month due to deteriorating revenue over the last year. The company's P/S ratio is currently at 0.7x, which is lower than the industry average of 1.4x. Investors are not expecting an improvement in revenue in the near future.

Insights on AksharChem (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 36.82% to 36.86% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 62.70% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Fine Organic Industries Ltd has given 74.1% return, outperforming this stock by 103.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Aarti Industries Ltd has given 47.8% return, outperforming this stock by 16.7%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, AKSHARCHEM stock has moved down by -29.4%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.43% to 0.39% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'2 16Q/Q Change
Revenue
₹59.25Cr
↑22.47%
Net Income
₹9.45Cr
↑134.49%
Net Profit Margin
15.95%
↑91.48%
2016Y/Y Change
Revenue
₹187.71Cr
↓6.06%
Net Income
₹16.64Cr
↑4.00%
Net Profit Margin
8.86%
↑10.61%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹366.71Cr
↓10.08%
Total Liabilities
₹88.35Cr
↓31.02%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹37.92Cr
↑779.81%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.7%
0.00
Foreign Institutions
0.39%
-9.60
Mutual Funds
0.06%
0.00
Retail Investors
36.86%
0.11
Others
0%
-100.00

Key Indicators

AksharChem (India) Ltd Valuation

AksharChem (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.54x)

March 24, 2020

Today (10.05x)

July 23, 2024

Industry (46.52x)

July 23, 2024

Highest (23.66x)

January 29, 2018

LowHigh

Earnings and Dividends

  • AksharChem (India) Ltd Earnings Results

    AksharChem (India) Ltd’s net profit jumped 191.67% since last year same period to ₹9.45Cr in the Q1 2016-2017. On a quarterly growth basis, AksharChem (India) Ltd has generated 134.49% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • AksharChem (India) Ltd Dividends May,2023

    In the quarter ending March 2023, AksharChem (India) Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.16%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

AksharChem (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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AksharChem (India) Ltd (AKSHARCHEM) share price today is ₹313.65

AksharChem (India) Ltd is listed on NSE

AksharChem (India) Ltd is listed on BSE

  • Today’s highest price of AksharChem (India) Ltd is ₹316.2.
  • Today’s lowest price of AksharChem (India) Ltd is ₹311.2.

PE Ratio of AksharChem (India) Ltd is 10.05

PE ratio = AksharChem (India) Ltd Market price per share / AksharChem (India) Ltd Earnings per share

Today’s traded volume of AksharChem (India) Ltd(AKSHARCHEM) is 6,650.00.

Today’s market capitalisation of AksharChem (India) Ltd(AKSHARCHEM) is ₹252.28Cr.

AksharChem (India) Ltd(AKSHARCHEMPrice
52 Week High
₹365.5
52 Week Low
₹231.25

AksharChem (India) Ltd(AKSHARCHEM) share price is ₹313.65. It is down -14.19% from its 52 Week High price of ₹365.5

AksharChem (India) Ltd(AKSHARCHEM) share price is ₹313.65. It is up 35.63% from its 52 Week Low price of ₹231.25

AksharChem (India) Ltd(AKSHARCHEMReturns
1 Day Returns
-0.4%
1 Month Returns
-1.72%
3 Month Returns
11.15%
1 Year Returns
31.13%