AksharChem (I)

AKSHARCHEMINDIA02 May 2024

Chemicals

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AksharChem (I)

Chemicals

AKSHARCHEMINDIA02 May 2024

₹

+0.30 (+0.11%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
30-May-2023	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2023, inter alia, has recommended a Final Dividend of Rs. 0.50 per equity share (5%) of face value of Rs. 10/- per equity shares for the financial year 2022-23, subject to approval of members of the Company at the ensuing Annual General Meeting.	20-Sep-2023
20-May-2022	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2022, inter alia, has recommended a Final Dividend of Rs. 0.50 per equity share (5%) of face value of Rs. 10/- per equity shares for the financial year 2021-22, subject to approval of members of the Company at the ensuing Annual General Meeting.	20-Sep-2022
11-Jun-2021	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 11, 2021, inter alia, has recommended a Final Dividend of Rs. 3.50 per equity share (35%) of face value of Rs. 10/- per equity shares for the financial year 2020-21, subject to approval of members of the Company at the ensuing Annual General Meeting.	20-Sep-2021
14-May-2019	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on May 14, 2019, inter alia, has recommended a Final Dividend of Rs. 3.50 per equity share (35%) of face value of Rs. 10/- per equity shares for the financial year 2018-19, subject to approval of members of the Company at the ensuing Annual General Meeting.	20-Sep-2019
30-May-2018	D	Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. the 30th May, 2018, inter alia, considered following matters: Recommended a Final Dividend of Rs. 3.50 per equity share (35%) of face value of Rs. 10/- per equity shares for the financial year 2017-18, subject to approval of members of the Company at the ensuing Annual General Meeting. Kindly take the above information on your records. Thanking you,	19-Sep-2018
16-Mar-2017	D	In Compliance with Listing Regulations, we wish to inform you that Board of Directors at their meeting held on 16th March, 2017 has declared interim dividend of 35% on equity shares of Rs. 10.00 each. The record rate for the purpose of Payment of Interim Dividend is fixed on March 24, 2017. The interim Dividend will be distributed to those members whose names appear on the Register of Members as on March 24, 2017.	23-Mar-2017
14-Mar-2016	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 14, 2016 has declared interim dividend of 35% on equity shares of Rs. 10.00 each.	22-Mar-2016
21-May-2015	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2015, inter alia, has recommended a final dividend of 35% i.e. Rs. 3.50/- per Equity Share having face value of Rs. 10/- each for the year ended March 31, 2015, subject to approval by the shareholders in the Annual General Meeting of the Company.	18-Sep-2015
27-May-2014	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2014, inter alia, have recommended a final dividend of 20% (Rs. 2.00 per equity share of Rs. 10/- each) for the financial year 2013-2014, subject to approval of Shareholders in the Annual General Meeting of the Company.	16-Sep-2014
21-Jan-2014	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 21, 2014, has approved declaration of second Interim Dividend of 5% (Rs. 0.50 per Equity Shares of Rs. 10/- each).	03-Feb-2014
12-Nov-2013	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 12, 2013, inter alia, have declared an interim dividend of 25% (Rupees 2.50 per Equity Shares of Rs. 10/- each) for the year 2013-14.	27-Nov-2013
29-May-2013	D	AksharChem India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2013, inter alia, have recommended a final dividend of 5% (Rs. 0.50 per equity share of Rs. 10/- each) for the financial year 2012-2013, subject to approval of Shareholders in the Annual General Meeting of the Company.	17-Sep-2013
17-Jul-2006	D	10% Dividend	01-Sep-2005
30-Jan-2024	BC	On recommendation of NRC, re-appointment of Ms. Maitri K. Mehta (DIN: 07549243) as an Independent Director of the Company for a second term 5 years effective from March 28, 2024, subject to approva	28-Mar-2024
30-Jan-2024	BC	On recommendation of Nomination and Remuneration Committee (NRC), re-appointment of Mr. Munjal M. Jaykrishna (DIN: 00671693) as Joint Managing Director & CEO of the Company for a further period of	24-Mar-2024
06-Feb-2024	BC	Aksharchem (India) Limited has informed the Exchange about the Newspaper Publication of information regarding Postal Ballot Notice to be circulated to shareholders. POM:19.03.2024 (As Per BSE B	17-Mar-2024
22-Jan-2024	BC	AKSHARCHEM (INDIA) LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2024 inter alia to consider and approve and take on record the Unaudited Finan	30-Jan-2024
30-Jan-2024	BC	On recommendation of NRC, appointment of Mr. Mehul C. Naliyadhara (Membership No. A39558) as Company Secretary & Compliance Officer (KMP) of the Company effective from January 30, 2024. Also the Boar	30-Jan-2024

Announcement Date30-May-2023

Ex Dividend Date20-Sep-2023

Dividend(%)5

Announcement Date20-May-2022

Ex Dividend Date20-Sep-2022

Dividend(%)5

Announcement Date11-Jun-2021

Ex Dividend Date20-Sep-2021

Dividend(%)35

Announcement Date14-May-2019

Ex Dividend Date20-Sep-2019

Dividend(%)35

Announcement Date30-May-2018

Ex Dividend Date19-Sep-2018

Dividend(%)35

Announcement Date16-Mar-2017

Ex Dividend Date23-Mar-2017

Dividend(%)35

Announcement Date14-Mar-2016

Ex Dividend Date22-Mar-2016

Dividend(%)35

Announcement Date21-May-2015

Ex Dividend Date18-Sep-2015

Dividend(%)35

Announcement Date27-May-2014

Ex Dividend Date16-Sep-2014

Dividend(%)20

Announcement Date21-Jan-2014

Ex Dividend Date03-Feb-2014

Dividend(%)5

Announcement Date12-Nov-2013

Ex Dividend Date27-Nov-2013

Dividend(%)25

Announcement Date29-May-2013

Ex Dividend Date17-Sep-2013

Dividend(%)5

Announcement Date17-Jul-2006

Ex Dividend Date01-Sep-2005

Dividend(%)10

No Rights has been declared by AKSHARCHEMINDIA

Book Closure

Record Date	Split Date	Purpose
28-Mar-2024	-	On recommendation of NRC, re-appointment of Ms. Maitri K. Mehta (DIN: 07549243) as an Independent Director of the Company for a second term 5 years effective from March 28, 2024, subject to approva
24-Mar-2024	-	On recommendation of Nomination and Remuneration Committee (NRC), re-appointment of Mr. Munjal M. Jaykrishna (DIN: 00671693) as Joint Managing Director & CEO of the Company for a further period of
17-Mar-2024	01 Jan'1900	Aksharchem (India) Limited has informed the Exchange about the Newspaper Publication of information regarding Postal Ballot Notice to be circulated to shareholders. POM:19.03.2024 (As Per BSE B
30-Jan-2024	-	AKSHARCHEM (INDIA) LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2024 inter alia to consider and approve and take on record the Unaudited Finan
30-Jan-2024	-	On recommendation of NRC, appointment of Mr. Mehul C. Naliyadhara (Membership No. A39558) as Company Secretary & Compliance Officer (KMP) of the Company effective from January 30, 2024. Also the Boar

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
AksharChem (India) Ltd ₹278.30(+0.30/0.11%)	278.30	+0.30	223.56	19.83	0.00	0.84
Jubilant Industries Ltd ₹1,170.45(+13.15/1.14%)	1,170.45	+13.15	1,763.53	177.50	0.00	5.73
Linde India Ltd ₹8,455.00(+199.20/2.41%)	8,455.00	+199.20	72,104.24	106.06	171.70	22.46
Gujarat Alkalies & Chemicals Ltd ₹789.25(-2.95/-0.37%)	789.25	-2.95	5,796.25	15.22	0.00	0.93
Bodal Chemicals Ltd ₹77.75(-0.05/-0.06%)	77.75	-0.05	978.01	8.96	199.38	0.87
Omkar Speciality Chemicals Ltd ₹7.25(-0.10/-1.36%)	7.25	-0.10	14.92	-0.68	0.00	-0.09

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	75.28	73.30	71.68	64.74	64.91	90.52
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	75.28	73.30	71.68	64.74	64.91	90.52
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	0.28	0.02	0.04	0.07	0.02	0.01
Total Income	75.56	73.32	71.72	64.81	64.93	90.54
Total Expenditure	70.34	76.50	72.35	63.05	62.90	85.04
PBIDT	5.22	-3.18	-0.63	1.77	2.02	5.50
Interest	0.98	0.88	0.80	0.67	0.74	0.82
PBDT	4.24	-4.06	-1.43	1.09	1.28	4.69
Depreciation	3.47	3.49	3.35	3.17	3.24	3.24
Tax	0.00	0.00	0.00	0.73	-0.92	-0.03
Deferred Tax	0.44	0.06	0.60	-0.85	0.38	0.49
Reported Profit After Tax	0.33	-7.60	-5.38	-1.97	-1.42	0.98
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	0.33	-7.60	-5.38	-1.97	-1.42	0.98

EPS (Unit Curr.)	0.41	-9.47	-6.70	-2.45	-1.77	1.22
EPS (Adj) (Unit Curr.)	0.41	-9.47	-6.70	-2.45	-1.77	1.22
Calculated EPS (Unit Curr.)	0.41	-9.47	-6.70	-2.45	-1.77	1.22
Calculated EPS (Adj) (Unit Curr.)	0.41	-9.47	-6.70	-2.45	-1.77	1.22
Calculated EPS (Ann.) (Unit Curr.)	1.62	-37.86	-26.78	-9.79	-7.07	4.89
Calculated EPS (Adj) (Ann.) (Unit Curr.)	1.62	-37.86	-26.78	-9.79	-7.07	4.89
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	8.03	8.03	8.03	8.03	8.03	8.03
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	6.93	-4.34	-0.88	2.73	3.11	6.08
PBDTM(%)	5.63	-5.54	-1.99	1.68	1.97	5.18
PATM(%)	0.44	-10.37	-7.51	-3.04	-2.19	1.08

Column	Jun 16	Mar 16	Dec 15	Sep 15	Jun 15	Mar 15
Gross Sales	59.25	48.38	49.63	41.81	47.89	50.16
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	59.25	48.38	49.63	41.81	47.89	50.16
Other Operating Income	0.07	0.09	0.00	0.02	0.01	0.10
Other Income	0.00	0.07	0.21	0.86	0.04	0.39
Total Income	59.31	48.54	49.83	42.69	47.94	50.65
Total Expenditure	42.81	40.39	39.87	34.36	40.87	44.20
PBIDT	16.50	8.15	9.96	8.33	7.07	6.45
Interest	0.94	0.83	0.85	0.77	0.90	0.84
PBDT	15.56	7.33	9.12	7.56	6.17	5.61
Depreciation	1.13	1.08	1.06	1.04	1.06	1.00
Minority Interest Before NP	0.00	0.00	0.00	0.00	0.00	0.00
Tax	4.99	2.21	3.00	2.21	1.87	2.03
Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00
Reported Profit After Tax	9.45	4.03	5.06	4.30	3.24	2.58
Minority Interest After NP	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit after Minority Interest	9.45	4.03	5.06	4.30	3.24	2.58

Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	9.45	4.03	5.06	4.30	3.24	2.58

EPS (Unit Curr.)	12.92	5.52	6.93	5.88	4.43	3.53
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	7.31	7.31	7.31	7.31	7.31	7.31

Public Shareholding (Number)	0.00	0.00	0.00	2193684.00	0.00	2192193.00
Public Shareholding (%)	0.00	0.00	0.00	30.00	0.00	30.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	5119216.00	0.00	5119216.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	100.00	0.00	100.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	70.00	0.00	70.00

PBIDTM(%)	27.85	16.85	20.07	19.92	14.76	12.86
PBDTM(%)	26.26	15.15	18.38	18.08	12.88	11.18
PATM(%)	15.95	8.33	10.20	10.28	6.77	5.14

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	8.03	8.03	8.20	8.20	8.20	8.20
Reserves Total	270.33	271.69	270.52	257.11	249.00	229.52
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	278.36	279.72	278.72	265.31	257.20	237.72
Secured Loans	24.63	50.27	14.79	12.76	11.53	0.00
Unsecured Loans	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	24.63	50.27	14.79	12.76	11.53	0.00
Total Liabilities	302.99	329.99	293.51	278.07	268.73	237.72
APPLICATION OF FUNDS :
Gross Block	304.21	297.27	282.63	175.14	166.37	120.92
Less : Accumulated Depreciation	78.78	66.04	53.89	46.85	40.29	34.78
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	225.43	231.23	228.74	128.29	126.08	86.14
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	17.44	16.00	6.09	62.06	31.04	25.98
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.25	1.09	20.98	77.13
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	59.34	72.48	57.96	42.26	36.55	29.65
Sundry Debtors	36.16	52.93	28.19	29.75	38.13	27.53
Cash and Bank	1.74	2.00	3.10	1.61	2.21	4.65
Loans and Advances	19.64	25.18	24.92	46.40	44.22	33.57
Total Current Assets	116.88	152.58	114.17	120.02	121.12	95.40
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	43.41	57.45	45.04	30.79	31.95	49.67
Provisions	0.43	0.43	0.38	0.38	0.18	0.21
Total Current Liabilities	43.84	57.88	45.42	31.17	32.13	49.87
Net Current Assets	73.04	94.70	68.75	88.85	88.99	45.53
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	1.46	1.84	0.00	0.00	0.00	0.00
Deferred Tax Liability	19.61	19.54	16.26	13.19	15.16	11.62
Net Deferred Tax	-18.15	-17.70	-16.26	-13.19	-15.16	-11.62
Total Assets	297.76	324.23	287.56	267.11	251.93	223.15
Contingent Liabilities	5.56	6.13	5.70	4.79	3.58	4.99

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	0.14	1.44	0.22	0.24	3.83
Net Cash from Operating Activities	37.92	4.31	49.27	26.32	-8.78
Net Cash Used In Investing Activities	-8.40	-23.78	-49.36	-19.80	-1.96
Net Cash Used In Financing Activities	-29.51	18.18	1.31	-6.55	7.15
Net Inc./Dec In Cash And Cash Equivalents	0.01	-1.30	1.22	-0.03	-3.59
Cash And Cash Equivalents At End Of The Year	0.15	0.14	1.44	0.22	0.24

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

62.70%

FII Shareholding

0.43%

DII Shareholding

0.06%

Public Shareholding

36.82%

**Promoter pledged shareholding 62.70%

About AksharChem (India) Ltd

AksharChem (India) Ltd is in the Chemicals sector, having a market capitalization of Rs. 223.12 crores. It has reported a sales of Rs. 75.28 crores and a net profit of Rs. 0.33 crores for the quarter ended December 2018. The company management includes Paru M Jaykrishna, Pradeep Jha,Gokul M Jaykrishna,Munjal M Jaykrishna,Gautam M Jain,Meet J Joshi,Jigar Mukesh Patel,Maitri Kirankumar Mehta,Ashok Dolatsinh Barot,Paru M Jaykrishna (AksharChem (India) Ltd) among others.

Chairman

Paru M Jaykrishna

Registered office

Akshar House Chhatral-Kadi Rd,Indrad,Mehsana,Gujarat,382715

FAX :

Background

Incorporation Year1989

Face Value₹10

Market Lot1

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What is the AksharChem (I) share price today?

The AksharChem (I) shares price on nse is Rs.278.3 today.

What is the market cap of AksharChem (I) shares on NSE ?

The company has a market capitalization of Rs.223.56Cr

What is the PE & PB ratio of AksharChem (I) shares ?

PE is 0 and PB is 0.84

What is the 52 Week High and Low of AksharChem (I) shares?

AksharChem (I) stock price high: Rs.365.5 AksharChem (I) stock price low: Rs.220.05