Shankar Lal Rampal Dye-Chem Ltd.
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ABOUT
AI Sector View
AI GENERATEDOil Gas & Consumable Fuels
Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.
PROS
- Latest quarter profit grew 116.6% YoY, showing strong momentum
- Company has delivered good sales growth of 21.2% CAGR over last 5 years
- Stock looks reasonably valued - P/E of 13.3 is below its historical median
- Company comfortably covers its interest (16.6x coverage)
- Company maintains a comfortable, low leverage position
- Company has a consistent dividend-paying track record
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.44x)
- Company has a low return on equity of 9.8% over last 3 years
- Total debt has risen sharply - up 42.1% year on year
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ADANIENT | 3057.10 | 55.59 | 413846.54 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| AEGISLOG | 1353.10 | 37.96 | 47493.81 | 0.64 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| CPPLUS | 3830.15 | 94.94 | 45310.84 | 0.04 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| PREMIERENE | 974.55 | 26.57 | 44239.84 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 33.72 | 29.03 |
| REDINGTON | 393.65 | 18.09 | 30774.55 | 1.52 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| HONASA | 470.95 | 61.70 | 15354.11 | 0.64 | 90.45 | 118.87 | 755.95 | 27.00 | 20.87 | 14.58 |
| LLOYDSENT | 69.79 | 94.88 | 10653.81 | 0.21 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| SGMART | 751.25 | 76.16 | 9468.39 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 10.43 | 4.49 |
| MMTC | 61.96 | 20.78 | 9294.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 33.46 | -1423.53 |
| ENTERO | 1819.35 | 63.14 | 7918.37 | 0.00 | 52.05 | 72.17 | 1940.50 | 38.23 | 10.93 | 5.00 |
| EBGNG | 683.00 | 54.67 | 7786.99 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.58 | 11.97 |
| SRD | 38.44 | 13.33 | 245.89 | 0.13 | 9.18 | 116.63 | 135.55 | 10.86 | 14.02 | 9.38 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 70 | 86 | 77 | 99 | 94 | 102 | 107 | 122 | 113 | 91 | 139 | 136 | |
| 54 | 68 | 83 | 74 | 94 | 91 | 98 | 103 | 116 | 109 | 88 | 133 | 123 | |
| Operating Profit | 1 | 2 | 3 | 3 | 5 | 4 | 4 | 4 | 6 | 4 | 3 | 7 | 12 |
| OPM % | 1.79% | 3.45% | 3.95% | 3.40% | 4.86% | 3.90% | 4.10% | 3.56% | 5.06% | 3.37% | 2.95% | 4.86% | 9.08% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before Tax | 1 | 2 | 3 | 3 | 5 | 3 | 4 | 4 | 6 | 4 | 2 | 7 | 12 |
| Tax % | 27.85% | 24.29% | 25.16% | 30.28% | 25.16% | 25.07% | 25.84% | 28.61% | 25.22% | 33.98% | 12.61% | 26.27% | 25.39% |
| Net Profit | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 2 | 2 | 5 | 9 |
| 0.09 | 0.29 | 0.37 | 0.27 | 0.54 | 0.40 | 0.45 | 0.39 | 0.66 | 0.37 | 0.33 | 0.75 | 1.44 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 29 | 75 | 176 | 133 | 178 | 303 | 323 | 288 | 402 | 465 | 478 | |
| 29 | 73 | 172 | 127 | 165 | 266 | 301 | 278 | 385 | 445 | 453 | |
| Operating Profit | 0 | 2 | 4 | 6 | 12 | 37 | 22 | 9 | 16 | 19 | 26 |
| OPM % | 1.42% | 3.15% | 2.33% | 4.17% | 6.82% | 12.28% | 6.80% | 3.27% | 4.10% | 4.18% | 5.34% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before Tax | 0 | 1 | 2 | 4 | 11 | 36 | 21 | 9 | 15 | 18 | 25 |
| Tax % | 31.50% | 28.53% | 27.56% | 28.26% | 29.11% | 24.41% | 25.30% | 27.37% | 26.16% | 25.69% | 25.64% |
| Net Profit | 0 | 1 | 1 | 3 | 8 | 27 | 16 | 6 | 11 | 13 | 18 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 3.58 | 4.23 | 2.49 | 1.02 | 1.78 | 2.11 | — |
| Dividend Payout % | 0.00% | 0.00% | 10.00% | 2.97% | 1.40% | 0.39% | 2.01% | 4.92% | 2.81% | 2.37% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 33%
- 5 Years:
- 21%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 63%
- 5 Years:
- 12%
- 3 Years:
- -5%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -48%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 18%
- 3 Years:
- 10%
- Last Year:
- 12%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 4 | 6 | 8 | 11 | 21 | 64 | 64 | 64 | 64 |
| 6 | 17 | 24 | 34 | 39 | 55 | 28 | 35 | 46 | 59 | |
| 2 | 13 | 25 | 16 | 13 | 21 | 16 | 6 | 18 | 25 | |
| Trade Payables | 0 | 7 | 2 | 1 | 1 | 7 | 2 | 1 | 1 | 6 |
| 0 | 1 | 1 | 0 | 4 | 1 | 6 | 3 | 4 | 7 | |
| Total Liabilities | 11 | 43 | 57 | 60 | 67 | 105 | 115 | 108 | 133 | 160 |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| 3 | 10 | 10 | 4 | 7 | 6 | 10 | 9 | 13 | 15 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57 | 76 | 102 | |
| Cash & Bank | 1 | 1 | 12 | 6 | 11 | 1 | 9 | 4 | 1 | 0 |
| 7 | 31 | 34 | 49 | 49 | 98 | 96 | 36 | 42 | 43 | |
| Total Assets | 11 | 43 | 57 | 60 | 67 | 105 | 115 | 108 | 133 | 160 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -19 | -2 | -4 | 13 | -8 | 20 | 6 | -13 | -7 | |
| Cash from Investing | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | -0 |
| Cash from Financing | 1 | 20 | 15 | -1 | -5 | 7 | -6 | -11 | 10 | 6 |
| 1 | 0 | 12 | -7 | 5 | -10 | 8 | -5 | -2 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-28 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-24 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 19, 2026
2026-08-24 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange about Copy of Newspaper Publication-pre dispatch advertisement-AGM Notice
2026-08-20 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange about General Updates-read with outcome to bm 14.08.2026
2026-08-20 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Outcome of Board Meeting held on August 20, 2026.
2026-08-15 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-14 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 12-Sep-2026.
2026-08-14 - Shankar Lal Rampal Dye-Chem Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-14 - Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2026.
News
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