---
title: "Bhatia Colour Chem Ltd (543497) — Share Price, Financials & Analysis"
symbol: "543497"
company: "Bhatia Colour Chem Ltd"
canonical: "https://tapetide.com/stocks/543497"
isin: "INE0KQ001017"
nse_symbol: "BHATIACOLOURCHEMLTD"
bse_code: "543497"
sector: "Chemicals"
industry: "Specialty Chemicals"
market_cap_cr: 41.57
generated_at: "2026-09-13T19:39:51.552Z"
---

# Bhatia Colour Chem Ltd (543497)

Canonical page: https://tapetide.com/stocks/543497

## Company

- **NSE Symbol:** BHATIACOLOURCHEMLTD
- **BSE Code:** 543497
- **ISIN:** INE0KQ001017
- **Sector:** Chemicals
- **Industry:** Specialty Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2022-03-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bccl.info

## About

Incorporated in 2021, Bhatia Colour Chem Ltd manufactures and deals in Textile Auxiliaries 
and Value-Added Printing Products.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:40:25.670985Z.

- **Market Cap:** ₹41.57 Cr
- **Classification:** SME
- **P/E (reported):** 10.3
- **EPS (reported):** ₹2.83
- **Book Value:** ₹68.8
- **Price to Book:** 0.44
- **Dividend Yield:** 0%
- **ROE:** 4%
- **ROCE:** 7.84%
- **Debt to Equity:** 0.02
- **Revenue (yearly):** ₹155 Cr
- **Net Income:** ₹4.2 Cr
- **EBITDA:** ₹8.9 Cr
- **52-Week High:** ₹430
- **52-Week Low:** ₹22.31
- **RSI (14):** 47.2

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 65.22 | 9% |
| growth | 68.26 | 9% |
| momentum | 1.1 | 12% |
| ownership | 50 | 24% |
| quality | 30.7 | 22% |
| valuation | 55.79 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.39 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 39.7%
- Company has a low return on equity of 5.04% over last 3 years.
- Company has high debtors of 230 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -6.19%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -83.94% | -172.42% | 85.13% |
| ebitda margin growth | -5.45% | -5.92% | -9.64% |
| net income growth | 13.51% | 15% | 740% |
| revenue growth | 23.9% | 12% | 61.52% |
| roce | -2.24% | -2.61% | 6.83% |
| roe | -11.5% | 4.68% | 334.78% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 50 | 61 | 54 | 61 | 59 | 66 | 72 | 83 |
| Expenses | 46 | 57 | 51 | 57 | 56 | 62 | 67 | 79 |
| Operating Profit | 4 | 4 | 3 | 4 | 4 | 4 | 5 | 4 |
| OPM % | 7 | 6 | 6 | 6 | 6 | 6 | 7 | 4.5 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 2 | 3 | 3 | 3 | 4 | 2 |
| Tax % | 26 | 28 | 26 | 27 | 26 | 37 | 21 | 58 |
| Net Profit | 1 | 2 | 1 | 2 | 2 | 2 | 3 | 1 |
| EPS in Rs | 0.86 | 1.38 | 1.21 | 1.61 | 1.66 | 1.34 | 2.23 | 0.73 |

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 14 | 110 | 114 | 124 | 155 |
| Expenses | 13 | 103 | 108 | 117 | 146 |
| Operating Profit | 1 | 7 | 7 | 8 | 8 |
| OPM % | 6 | 7 | 6 | 6 | 5 |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 3 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 4 | 5 | 5 | 6 |
| Tax % | 27 | 27 | 27 | 31 | 35 |
| Net Profit | 1 | 3 | 3 | 4 | 4 |
| EPS in Rs | 0.43 | 2.24 | 2.82 | 2.99 | 2.96 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 14 |
| Reserves | 44 | 47 | 50 | 69 | 90 |
| Borrowings | 64 | 20 | 20 | 21 | 2 |
| Other Liabilities | 27 | 34 | 20 | 26 | 45 |
| Total Liabilities | 148 | 113 | 102 | 128 | 151 |
| Fixed Assets | 0 | 1 | 1 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 148 | 112 | 101 | 126 | 149 |
| Total Assets | 148 | 113 | 102 | 128 | 151 |

### Cash Flow

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -85 | 14 | 18 | -7 | -13 |
| Cash from Investing Activity | 0 | 0 | -1 | -1 | 0 |
| Cash from Financing Activity | 120 | -48 | -2 | 14 | -2 |
| Net Cash Flow | 34 | -34 | 15 | 6 | -15 |
| Free Cash Flow | -85 | 14 | 18 | -7 | -13 |
| CFO/OP | -9582 | 207 | 270 | -70 | -123 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 2220 | 309 | 217 | 185 | 230 |
| Inventory Days | 813 | 67 | 59 | 72 | 83 |
| Days Payable | 872 | 128 | 71 | 96 | 132 |
| Cash Conversion Cycle | 2162 | 247 | 205 | 160 | 181 |
| Working Capital Days | 1088 | 257 | 209 | 190 | 229 |
| ROCE % | — | 7 | 8 | 8 | 8 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 44.14% | 44.14% | 45.85% | 45.85% | 45.85% | 45.85% | 45.85% | 39.67% | 39.67% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 36.35% | 36.64% | 32.91% | 30.08% | 35.77% | 44.38% | 49.22% | 53.68% | 53.55% |
| Others | 19.51% | 19.22% | 21.24% | 24.07% | 18.38% | 9.77% | 4.94% | 6.65% | 6.78% |
| No. of Shareholders | 186 | 283 | 380 | 449 | 443 | 506 | 793 | 1158 | 1281 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 30.34 | Sell |
| EMA (10) | 29.63 | Sell |
| SMA (20) | 27.97 | Buy |
| EMA (20) | 29.68 | Sell |
| SMA (50) | 33.69 | Sell |
| EMA (50) | 36.93 | Sell |
| SMA (100) | 43.9 | Sell |
| EMA (100) | 70.33 | Sell |
| SMA (200) | 183.8 | Sell |
| EMA (200) | 134.64 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.54 | Neutral |
| MACD (12,26,9) | -0.74 | Buy |
| Stochastic (14,3,3) | 53.86 | Neutral |
| ADX (14) | 30.31 | Buy |
| Williams %R (14) | -62.82 | Neutral |
| ATR (14) | 1.71 | High Volatility |
| ROC (12) | 4.75 | Buy |
| Stoch RSI (14) | 35.01 | Neutral |
| UO (7,14,28) | 49.91 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-26 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5346b32a-d15b-44b7-99f0-5dd4643abc77.pdf) |
| 2026-08-25 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40b79e41-c634-4a90-a861-f88415dc6cd4.pdf) |
| 2026-08-03 | [Notice Of 5Th Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c96e88a4-2411-4986-97b5-27c375ca16ea.pdf) |
| 2026-08-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a31bc4c-bd9f-4b4a-a73e-522ac2555235.pdf) |
| 2026-07-31 | [Board Meeting Outcome for Outcome Of Board Meeting Held On July 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e066373-7f0c-4a44-af5f-ec233062dc2c.pdf) |
| 2026-07-11 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68f343ce-cbc3-4ae4-a5bf-6b9d40a8a347.pdf) |
| 2026-07-02 | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On Thursday July 02 2026 For Conversion Of 198400 Warrants Into 198400 Equity Shares Of Face Value Of Rs. 10/- Each](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b74aa3c8-524c-4e4e-aecd-56f3885ba72f.pdf) |
| 2026-05-21 | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On May 21 2026 And Audited Financial Results For The Half Year And Year Ended As On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e40808d-df98-469f-87c1-22766ee0d289.pdf) |
| 2026-05-14 | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On May 21 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e489848-18bb-4029-8a9f-d5b1fe05a15c.pdf) |
| 2026-05-06 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=809c219c-b190-4d18-b5d3-c24f6eb9ebb7.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-21 | [Outcome Of Board Meeting Of The Company Held On May 21 2026 And Audited Financial Results For The Half Year And Year Ended As On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46a8e9d1-bbc7-4b9c-ad41-e132bc8a194c.pdf) |
| 2026-05-21 | [Outcome Of Board Meeting Of The Company Held On May 21 2026 And Audited Financial Results For The Half Year And Year Ended As On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7afd3a40-0384-4a14-aa7b-eda672d14d18.pdf) |
| 2025-11-13 | [Unaudited Financial Results For The Half Year Ended As On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d80bb9e-959f-4d09-9410-1d542add1b88.pdf) |
| 2025-05-30 | [Audited Financial Results For The Half Year And Year Ended As On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f77dc50e-ee9a-4ac7-922b-8fa755df4d52.pdf) |
| 2024-10-26 | [Standalone Unaudited Financial Results Along With Limited Review Report Thereon For The Half Year Ended On September 30 , 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d27f07ab-dbb0-40b5-bec2-7e2f5d08523c.pdf) |
| 2024-05-23 | [Outcome Of Board Meeting Of The Company Held On 23Rd May, 2024 And Audited Financial Results For The Half Year And Year Ended As On 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72de5469-9bf4-4ec9-ba74-045521f86e0e.pdf) |
| 2023-11-07 | [Unaudited Financial Results For The Half Year Ended As On 30ThSeptember, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34450ddb-258e-4a47-a746-04bd8d559d14.pdf) |
| 2023-05-22 | [Resubmission Of Intimation Audited Financial Results For The Half Year And Year Ended As On 31St March, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02ad2255-89d3-44c8-8e15-cf17d69c9498.pdf) |
| 2023-05-20 | [Outcome Of Board Meeting Of The Company Held On 20Th May, 2023 And Audited Financial Results For The Half Year And Year Ended As On 31St March, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5aa1a822-bb49-4fb3-86a8-45d4b63625d6.pdf) |
| 2022-11-12 | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On November J 2, 2022 And Unaudited Financial Results For The Quarter Ended As On 30Th September, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=166a42a0-cd5b-447f-b138-38aabe285164.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - DGGI conducted GST search at Surat office on April 8-9, 2026; company reports no current material impact. | [Intimation Under Regulation 30 Of The SEBI(LODR) Regulations, 2015 9 Apr - DGGI conducted GST search at Surat office on April 8-9, 2026; company reports no current material impact.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1644a5de-1a63-4c62-8195-ac2406f773d8.pdf) |
| 7 Feb - No physical share transfer requests received or processed Jan 1–6, 2026; re-lodgement report. | [Re-Lodgement Of Transfer Request Of Physical Shares 7 Feb - No physical share transfer requests received or processed Jan 1–6, 2026; re-lodgement report.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db479148-0561-424d-954c-4e270678ec11.pdf) |
| 6 May - FY2026 secretarial compliance report notes minor website, filing and e-voting lapses. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 6 May - FY2026 secretarial compliance report notes minor website, filing and e-voting lapses.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/809c219c-b190-4d18-b5d3-c24f6eb9ebb7.pdf) |
| 5m - Demand order dated 07-03-2026: GST tax demand Rs.13.80 Crore for FY2022-23. | [Announcement Under Reg 30 Of SEBI (LODR) 5m - Demand order dated 07-03-2026: GST tax demand Rs.13.80 Crore for FY2022-23.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d99c73a4-2885-4154-b09a-ea73426c0f04.pdf) |
| 29 Dec 2025 - Bhatia Colour Chem received Excellence in Dyes and Chemicals award on 28 Dec 2025 by Aadtiya Kapda Association. | [Intimation Regarding Award Received By The Company As On 28Th December, 2025. 29 Dec 2025 - Bhatia Colour Chem received Excellence in Dyes and Chemicals award on 28 Dec 2025 by Aadtiya Kapda Association.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5243b770-1306-49be-8424-f97804f6532a.pdf) |
| 26 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for half-year/year ended 31-Mar-2026. | [Closure of Trading Window 26 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for half-year/year ended 31-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0891b87e-5a11-464d-b859-153a6c338484.pdf) |
| 21 Feb - GST demand order Rs.2 Crore received 21-Feb-2026; company confident of favourable appellate outcome. | [Announcement Under Reg 30 Of SEBI (LODR) 21 Feb - GST demand order Rs.2 Crore received 21-Feb-2026; company confident of favourable appellate outcome.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/494cd90d-6734-4a47-a2b5-4ce44e6dd072.pdf) |
| 20 Dec 2025 - Company notifies BSE of no price-sensitive information; filings up to date (20/12/2025). | [Clarification On Price Movement 20 Dec 2025 - Company notifies BSE of no price-sensitive information; filings up to date (20/12/2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cc0a811-713e-4810-bccf-8220913e05bc.pdf) |
| 17 Apr - Company says it is not a Large Corporate as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr - Company says it is not a Large Corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a21fddd-c11a-4042-9e74-1a563e68635c.pdf) |
| 14 Feb - Newspaper and Social Media publication of Opening of Special Window for Transfer and Dematerialization of Physical Shares which were sold or purchased prior to 1st … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper and Social Media publication of Opening of Special Window for Transfer and Dematerialization of Physical Shares which were sold or purchased prior to 1st …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ddd423a-cd34-48df-b64f-5d7e5ca7e522.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a31bc4c-bd9f-4b4a-a73e-522ac2555235.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c151526-c35d-42c7-bda8-384ced4e5466.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a93303f-b4bc-4414-94ea-80090d1446cb.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/968bfd18-750c-411d-abe9-e2d352043ca0.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/254e00b4-c1ba-4caf-9f95-2cbd3f9ef5e6.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a6cde9f-a50b-4cfd-a823-51d59c9e0f86.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8e19d80-7f8c-4c70-91b1-a4d673742b8c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543497/74610543497.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532503/73867532503.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532503/69164532503.pdf) |

---

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 2026-09-13T19:39:51.552Z.