304.00
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Close of 9 Nov 2026, in INR
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About Mahickra Chemicals
Its shares trade on NSE under the ticker MAHICKRA.NS. It has been listed since 26 April 2018. In the fiscal year to 31 March 2025, it reported revenue of ₹881.6m and net income of ₹25.0m. At that date it held total assets of ₹683.0m and shareholders' equity of ₹357.0m.
Mahickra Chemicals Ltd.engages in the manufacture, supply, and export of dyestuffs. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-04-26. The Company’s products include Reactive M Brand, Reactive H Brand, Reactive HE Brand, Reactive ME Brand, and Reactive VS Dyes. Its Reactive H Brand refers to hot dyes, which are used for printing of cellulose goods. Its Reactive HE Brand is used for exhaust dyeing of knitted fabrics. Its Reactive ME Brand refers to Medium Exhaus dyes, which are used for exhaust and continuous dyeing of cellulose fibers. Its Reactive VS Dyes refers to vinyl sulphone, which is used for exhaust dyeing, cold pad batch process. The company serves various markets, including Sri Lanka, Bangladesh, Pakistan, Zimbabwe, Netherlands, South Africa, Russia, Italy, Turkey, United States of America, Indonesia and Korea.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 26 Apr 2018
- Website
- mahakdyechem.com ↗
Leadership
Pay as last reported
- Mr. Miteshkumar GandhiChairman of the Board, Managing Director₹1.3m
- Mr. Atul BachhawatChief Financial Officer
- Mr. Ashiskumar GandhiWhole Time Director, since 2017₹3.3m
- Ms. Komal GandhiWhole Time Director₹2.6m
- Ms. Himali ThakkarCompany Secretary₹234,000
- Ms. Vrusha PatelIndependent Director₹25,000
- Mr. Niren DesaiAdditional Non-Executive Independent Director
- Mrs. Basari MehtaAdditional Non-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Mahickra Chemicals Ltd. manufactures Reactive H Brand for hot dyeing of cellulose goods in Ahmedabad.
- Mahickra Chemicals Ltd. supplies Reactive HE Brand for exhaust dyeing of knitted fabrics across multiple markets.
- Mahickra Chemicals Ltd. exports Reactive VS Dyes for vinyl sulphone applications in Russia and the United States.
Weaknesses
- Mahickra Chemicals Ltd. relies on Ahmedabad as its sole manufacturing hub for all products.
- Mahickra Chemicals Ltd. has limited product diversity beyond Reactive dye brands.
- Mahickra Chemicals Ltd. depends on international markets like Sri Lanka and Bangladesh for revenue.
Opportunities
- Mahickra Chemicals Ltd. can expand Reactive ME Brand usage in South Africa's textile industry.
- Mahickra Chemicals Ltd. can target Indonesia's growing textile market for Reactive H Brand.
- Mahickra Chemicals Ltd. can increase exports of Reactive VS Dyes to Turkey's textile sector.
Threats
- Mahickra Chemicals Ltd. faces competition from local producers in Sri Lanka's dye market.
- Mahickra Chemicals Ltd. encounters tariff barriers in the Netherlands' chemical import regulations.
- Mahickra Chemicals Ltd. experiences supply chain disruptions from Pakistan's political instability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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