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₹304

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As of 05 Nov 2026 · delayed

NSE Listed · Chemicals

ST-ASM · ASM 1
What does ST-ASM · ASM 1 mean?
NSE · Short Term Additional Surveillance Measure (ASM 1)ST-ASM catches short bursts: a beta-adjusted close-to-close move beyond ±25% in 5 trading days (or ±40% in 15) combined with concentrated trading — or a 75%+ monthly range with fewer than 100–200 unique traders. Practical meaning: margins jump to 50–100% for a few weeks to cool a spike; it either lapses quickly or escalates into LT-ASM if the move sustains.Criteria: Short-term (5 / 15 / 30-day) price-volume abnormality — high-low and close-to-close price variation over the window. Adds 100% margin and a 5% (then 2%) price band.Exchange notice · 2026-11-03

Mahickra Chemical Limited (MAHICKRA)

Volume: 375Avg Vol 1W: 3,300Avg Vol 1M: 3,88652W Range:₹131₹317.95
NSE BSE www.mahickra.com AI Report
Key Ratios
Checked just now
Market Cap₹106 Cr
Current Price₹304
Previous Close₹304
High / Low (52w)₹317.95 / ₹131
Volume375
Avg Vol (1W)3,300
Avg Vol (1M)3,886
Stock P/E57.69
Book Value₹68.35
Dividend Yield—
ROE—
ROA—
Revenue (TTM)—
Revenue Growth22.58%
Profit Margin—
Total Debt₹0 Cr
Shares Outstanding—
Face Value—
EPS (TTM)₹5.27
P/B4.45
Debt / Equity0.3
50 DMA₹289.57
200 DMA₹235.47
Day change+0.00%
SurveillanceST-ASM · ASM 1
Price Chart
₹304▲ 88.70% · 1Y
₹315₹1301.4L
2025-11-07
2026-11-05

20-day avg volume: 4K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 19% YoY.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 58.
Profit & Loss (Annual)
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹99 Cr₹89 Cr₹106 Cr₹107 Cr₹74 Cr₹91 Cr₹107 Cr
EBITDA₹5 Cr₹5 Cr₹5 Cr₹6 Cr₹3 Cr₹5 Cr₹8 Cr
Net Profit₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹1 Cr₹3 Cr₹5 Cr
EPS4.063.834.124.051.323.126.28
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹50 Cr₹58 Cr₹65 Cr₹63 Cr₹61 Cr₹68 Cr₹97 Cr
Total Liabilities₹26 Cr₹31 Cr₹35 Cr₹31 Cr₹27 Cr₹33 Cr₹30 Cr
Equity₹24 Cr₹27 Cr₹30 Cr₹32 Cr₹33 Cr₹36 Cr₹67 Cr
Total Debt₹0 Cr₹1 Cr—————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹-1 Cr₹5 Cr₹4 Cr₹0 Cr₹1 Cr₹-6 Cr
Investing₹-1 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹0 Cr₹-7 Cr
Financing₹3 Cr₹-2 Cr₹-1 Cr₹2 Cr₹0 Cr₹25 Cr
Free Cash Flow₹-1 Cr₹5 Cr₹4 Cr₹0 Cr₹1 Cr₹-6 Cr
Shareholding
Promoter 40.1% Institutions 0% Public 59.9%
Efficiency & Working Capital
ROCE9.8%
Interest Coverage5.3
Dividend Payout—
Debtor Days115 d
Inventory Days126 d
Payable Days44 d
Cash Conversion Cycle197 d
Working Capital Days241 d
Shareholding Details

As of 2026-09-30

Promoter40.1%
FII0%
DII0%
Institutions0%
Public59.9%
Promoter Pledge0%
No. of Shareholders507
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2021Sept 2021Mar 2022Sept 2022Mar 2023Sept 2023Mar 2024Sept 2024Mar 2025Sept 2025Mar 2026Sept 2026
Promoters49.8%50.6%51.3%52.2%53%53.8%55%51.8%48.6%48.3%40.1%40.1%
FIIs0.6%0.6%0.6%0.6%0.6%0.6%0.6%0.6%0.6%0%0%0%
DIIs2.3%2.3%0%0%0%0%0%0%0%0%0%0%
Public47.3%46.5%48.1%47.2%46.4%45.6%44.5%47.6%50.8%51.7%59.9%59.9%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders309327305312291303309351374355485507
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Ashishkumar Champaklal GandhiShareholding of Promoter and Promoter Group13.2%12,88,373
Komal Miteshkumar GandhiShareholding of Promoter and Promoter Group9.6%9,42,613
Miteshkumar Champaklal GandhiShareholding of Promoter and Promoter Group7.3%7,17,028
Yogeshkumar Shantilal DoshiPublic Shareholding3.1%3,01,500
Orenda EnterprisesPublic Shareholding2.6%2,55,750
Anitaben Ashishkumar GandhiShareholding of Promoter and Promoter Group2.6%2,52,400
Champaklal Kachralal GandhiShareholding of Promoter and Promoter Group2.3%2,27,499
National Stock Exchange Of India Limited Account Karvy Stock Broking LimitedPublic Shareholding1.6%1,56,150
Chandresh G PatelPublic Shareholding1.4%1,40,500
Sagar Pravinchandra KhakharaPublic Shareholding1.3%1,26,000
Harishbhai Jayantilal LakhaniPublic Shareholding1.2%1,20,750
Bhavik Kiritkumar ShahPublic Shareholding1.2%1,17,750
Indo Kp Ventures LlpPublic Shareholding1.1%1,11,750
Mitesh C GandhiShareholding of Promoter and Promoter Group1.1%1,08,000
Naxi Bhavik ShahPublic Shareholding1.1%1,02,500
Rajesh Jadavbhai PatelPublic Shareholding1%1,02,000
Chintan Ashish GandhiShareholding of Promoter and Promoter Group1%99,000
Ashishkumar Champaklal Gandhi HufShareholding of Promoter and Promoter Group0.8%76,500
Romil Miteshkumar GandhiShareholding of Promoter and Promoter Group0.6%63,000
Champakbhai K Gandhi HufShareholding of Promoter and Promoter Group0.6%55,500
Nimit Miteshkumar GandhiShareholding of Promoter and Promoter Group0.5%45,750
Sulochana Arvind KotadiaShareholding of Promoter and Promoter Group0.3%28,000
Jayantilal Sakarchand ShahShareholding of Promoter and Promoter Group0.2%16,534
Board of Directors
NameDesignationYear
Miteshkumar Champaklal GandhiChairman / Executive Director / M D / Promoter2025
Ashishkumar Champaklal GandhiWTD & Executive Director2025
Komal Mitesh GandhiWTD & Executive Director2025
Amisha Fenil ShahIndependent Non Exe. Director2025
Basari MehtaIndependent Non Exe. Director2025
Niren Atinbhai DesaiIndependent Non Exe. Director2025
Sona BachaniCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Manufacturing & Trading of Reactive₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10111010
Corporate Actions
TypeDateValueRemark
dividend2026-06-05₹0.15 (1.5%)Interim
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500011617
202500011011
2025000066
Company Information
Incorporated2017
ChairmanMiteshkumar Champaklal Gandhi
AuditorPiyush J Shah & Co
Investor Email[email protected]
🌐 www.mahickra.com ↗

📍 Plot No 1209 Phase-3, GIDC Vatva, Ahmedabad, Gujarat, 382445

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