---
title: "Master Chemicals Ltd (506867) — Share Price, Financials & Analysis"
symbol: "506867"
company: "Master Chemicals Ltd"
canonical: "https://tapetide.com/stocks/506867"
bse_code: "506867"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
generated_at: "2026-09-13T19:17:21.364Z"
---

# Master Chemicals Ltd (506867)

Canonical page: https://tapetide.com/stocks/506867

## Company

- **BSE Code:** 506867
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2008-11-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** masterchemicals.in

## About

Master Chemicals main object of business is mentioned in the Memorandum and Articles Association of the company..

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 17% | 7% | -36% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.06 | 0.07 | 0.09 | 0.08 | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.02 |
| Operating Profit | -0.06 | -0.07 | -0.09 | -0.08 | -0.05 | -0.04 | -0.05 | -0.04 | -0.04 | -0.04 | -0.05 | -0.02 |
| Other Income | 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 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.06 | -0.07 | -0.09 | -0.08 | -0.05 | -0.04 | -0.05 | -0.04 | -0.04 | -0.04 | -0.05 | -0.02 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.06 | -0.07 | -0.09 | -0.08 | -0.05 | -0.04 | -0.05 | -0.04 | -0.04 | -0.04 | -0.05 | -0.02 |
| EPS in Rs | -2.45 | -2.86 | -3.67 | -3.27 | -2.04 | -1.63 | -2.04 | -1.63 | -1.63 | -1.63 | -2.04 | -0.82 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.05 | 0.05 | 0.07 | 0.09 | 0.2 | 0.22 | 0.27 | 0.22 | 0.17 | 0.15 |
| Operating Profit | -0.05 | -0.05 | -0.07 | -0.09 | -0.2 | -0.22 | -0.27 | -0.22 | -0.17 | -0.15 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.05 | -0.05 | -0.07 | -0.09 | -0.2 | -0.22 | -0.27 | -0.22 | -0.17 | -0.15 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.05 | -0.05 | -0.07 | -0.09 | -0.2 | -0.22 | -0.27 | -0.22 | -0.17 | -0.15 |
| EPS in Rs | -2.04 | -2.04 | -2.86 | -3.67 | -8.16 | -8.98 | -11.02 | -8.98 | -6.94 | -6.12 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Reserves | 0.23 | 0.37 | 0.32 | 0.27 | 0.17 | -0.05 | -0.26 | -0.58 | -0.8 | -1.02 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.03 | 0.02 | 0.04 | 0.1 | 0.18 | 0.53 | 0.73 | 0.9 | 1.16 | 1.34 |
| Total Liabilities | 0.51 | 0.64 | 0.61 | 0.62 | 0.6 | 0.73 | 0.72 | 0.57 | 0.61 | 0.57 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.37 | 0.56 | 0.57 | 0.59 | 0.57 | 0.56 | 0.57 | 0.54 | 0.54 | 0.48 |
| Other Assets | 0.14 | 0.08 | 0.04 | 0.03 | 0.03 | 0.17 | 0.15 | 0.03 | 0.07 | 0.09 |
| Total Assets | 0.51 | 0.64 | 0.61 | 0.62 | 0.6 | 0.73 | 0.72 | 0.57 | 0.61 | 0.57 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.05 | -0.06 | -0.05 | -0.01 | 0 | 0.01 | -0.02 | 0 | 0.04 | 0.01 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.05 | -0.06 | -0.05 | -0.01 | 0 | 0.01 | -0.02 | 0 | 0.04 | 0.01 |
| Free Cash Flow | -0.05 | -0.06 | -0.05 | -0.01 | 0 | 0.01 | -0.02 | 0 | 0.04 | 0.01 |
| CFO/OP | 100 | 120 | 100 | 14 | 0 | -5 | 9 | 0 | -18 | -6 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROCE % | -9.9 | -9.09 | -8.4 | -12.84 | -19.15 | -64.52 | -231.58 | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% |
| Public | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% |
| No. of Shareholders | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 32 | 32 |

### Quarterly

| Category | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.12% | 70.12% | 70.57% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% | 70.12% |
| Public | 29.88% | 29.87% | 29.43% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% | 29.88% |
| No. of Shareholders | 30 | 30 | 30 | 30 | 30 | 32 | 32 | 32 | 32 | 32 | 32 | 32 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 2 / 17 / 0

### Moving Averages — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 27.55 | Buy |
| EMA (10) | 27.04 | Buy |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | — | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | — | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | — | Neutral |
| ATR (14) | — | Neutral |
| ROC (12) | — | Neutral |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 30 Sep 2025 - Scrutinizer report for 45th AGM (29 Sept 2025): financials adopted, Vipul Agarwal reappointed, secretarial auditor appointed; 172,100 votes. | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep 2025 - Scrutinizer report for 45th AGM (29 Sept 2025): financials adopted, Vipul Agarwal reappointed, secretarial auditor appointed; 172,100 votes.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a342ef62-7c18-44f9-bfe6-4bc9ee3086c6.pdf) |
| 30 Sep 2025 - Scrutinizer report for 45th AGM (29 Sept 2025): financials adopted, Vipul Agarwal reappointed, secretarial auditor appointed; 172,100 votes. | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep 2025 - Scrutinizer report for 45th AGM (29 Sept 2025): financials adopted, Vipul Agarwal reappointed, secretarial auditor appointed; 172,100 votes.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a342ef62-7c18-44f9-bfe6-4bc9ee3086c6.pdf) |
| 3 Sep 2025 - Annual report and AGM notice (29 Sep 2025); secretarial auditor appointed 2025-30; FY2024-25 loss Rs2,221.26K. | [Annual Report Of Master Chemicals Limited For The Financial Year 2024-25 3 Sep 2025 - Annual report and AGM notice (29 Sep 2025); secretarial auditor appointed 2025-30; FY2024-25 loss Rs2,221.26K.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84a44cf2-73d9-40ec-b0af-82aa9c1c4582.pdf) |
| 3 Sep 2025 - Annual report and AGM notice (29 Sep 2025); secretarial auditor appointed 2025-30; FY2024-25 loss Rs2,221.26K. | [Annual Report Of Master Chemicals Limited For The Financial Year 2024-25 3 Sep 2025 - Annual report and AGM notice (29 Sep 2025); secretarial auditor appointed 2025-30; FY2024-25 loss Rs2,221.26K.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84a44cf2-73d9-40ec-b0af-82aa9c1c4582.pdf) |
| 29 Sep 2025 - AGM 29 Sep 2025: adopted FY2024-25 financials; appointed Vipul Agarwal director; secretarial auditor appointed for five years. | [Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Sep 2025 - AGM 29 Sep 2025: adopted FY2024-25 financials; appointed Vipul Agarwal director; secretarial auditor appointed for five years.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e96d4a31-b053-456d-bbef-56ad939ccb83.pdf) |
| 29 Sep 2025 - AGM 29 Sep 2025: adopted FY2024-25 financials; appointed Vipul Agarwal director; secretarial auditor appointed for five years. | [Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Sep 2025 - AGM 29 Sep 2025: adopted FY2024-25 financials; appointed Vipul Agarwal director; secretarial auditor appointed for five years.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e96d4a31-b053-456d-bbef-56ad939ccb83.pdf) |
| 27 Jan - Magenta Lifecare approves notice for EGM on 18 Feb 2026, 4:00 PM via VC/OAVM. | [Intimation Under Regulation 30 Of SEBI(LODR) Regulation, 2015 27 Jan - Magenta Lifecare approves notice for EGM on 18 Feb 2026, 4:00 PM via VC/OAVM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e03a68b0-a415-4087-ab83-58d149bb9df9.pdf) |
| 27 Jan - Board approved notice for Magenta Lifecare EGM on 18 Feb 2026 at 04:00 PM via VC/OAVM. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Tuesday, 27Th January, 2026 27 Jan - Board approved notice for Magenta Lifecare EGM on 18 Feb 2026 at 04:00 PM via VC/OAVM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6700a526-7c17-4208-8f72-782c746edddd.pdf) |
| 20 Dec 2025 - Revised statement: no deviation in utilization of Rs.5.98 crore public issue raised 10-Jun-2024. | [Revised Statement Of Deviation Or Variation For The Half Year Ended On 30Th September, 2025 20 Dec 2025 - Revised statement: no deviation in utilization of Rs.5.98 crore public issue raised 10-Jun-2024.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4032fd6b-5215-41ec-8815-fb72d753785f.pdf) |
| 2 Sep 2025 - Notice of 45th AGM on 29 Sep 2025; advertisement published 02 Sep 2025. | [COPY OF ADVERTISEMENT PUBLISHED IN NEWSPAPER- NOTICE OF 45TH ANNUAL GENERAL MEETING 2 Sep 2025 - Notice of 45th AGM on 29 Sep 2025; advertisement published 02 Sep 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d4bdfc0-8ac6-4a88-b615-5547c80bd875.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/709fca8d-06ee-4d7e-bbe0-3abf3dc3edcf.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd4907a7-eb1b-4193-b94f-f2b659ccddd4.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c124cd71-c478-4ff6-bc78-a1ab8ec64f6d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b156c28a-52f3-4aff-be74-dce555f74fb2.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/506867/76275506867.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/506867/72432506867.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/506867/68178506867.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/506867/5068670319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/506867/5068670318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/506867/5068670317.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:21.364Z.