Technichem Organics
Technichem Organics
RetailKey Fundamentals
SMESpeciality RetailRetailTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 11.5% over last 3 years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 54.1 days to 81.1 days
Growth Rate
Quarterly Results
| Particulars | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 17.62 | 28.77 | 26.51 | 30.27 | 28.03 | 28.53 |
| Expenses | 14.47 | 22.46 | 22.2 | 26.99 | 25.8 | 26.33 |
| Operating Profit | 3.15 | 6.31 | 4.31 | 3.28 | 2.23 | 2.2 |
| OPM % | 17.88% | 21.93% | 16.26% | 10.84% | 7.96% | 7.71% |
| Other Income | 0.11 | 0.39 | 0.26 | 0.41 | 0.51 | 0.77 |
| Interest | 0.98 | 0.98 | 0.85 | 0.6 | 0.69 | 0.53 |
| Depreciation | 0.81 | 0.89 | 0.8 | 0.83 | 0.84 | 0.96 |
| PBT | 1.47 | 4.83 | 2.92 | 2.26 | 1.21 | 1.48 |
| Tax % | 23.81% | 32.71% | 26.03% | 17.26% | -3.31% | 0% |
| Net Profit | 1.13 | 3.26 | 2.16 | 1.87 | 1.24 | 1.48 |
| EPS in Rs | 4.44 | 12.8 | 1.7 | 1.08 | 0.72 | 0.85 |
Profit & Loss
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 66.99 | 50.32 | 46.39 | 56.78 | 56.56 |
| Expenses | 61.52 | 45.96 | 36.92 | 49.19 | 52.15 |
| Operating Profit | 5.47 | 4.36 | 9.47 | 7.59 | 4.41 |
| OPM % | 8.17% | 8.66% | 20.41% | 13.37% | 7.8% |
| Other Income | 0.77 | 0.66 | 0.5 | 0.67 | 1.29 |
| Interest | 0.54 | 1.23 | 1.96 | 1.45 | 1.21 |
| Depreciation | 1.05 | 1.41 | 1.7 | 1.63 | 1.81 |
| PBT | 4.65 | 2.38 | 6.31 | 5.18 | 2.68 |
| Tax % | 26.45% | 27.31% | 30.59% | 22.2% | -1.49% |
| Net Profit | 3.42 | 1.73 | 4.38 | 4.03 | 2.72 |
| EPS in Rs | 13.43 | 6.79 | 17.2 | 2.33 | 1.57 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 2.55 | 2.55 | 2.55 | 17.32 | 17.32 |
| Reserves | 10.62 | 12.35 | 16.76 | 28.22 | 30.94 |
| Borrowings | 10.17 | 15.62 | 16.11 | 15.01 | 18.19 |
| Other Liabilities | 20.82 | 13.73 | 15.51 | 8.83 | 10.38 |
| Total Liabilities | 44.16 | 44.25 | 50.93 | 69.38 | 76.83 |
| Fixed Assets | 22.69 | 31.1 | 25.84 | 30.81 | 33.45 |
| CWIP | 1.16 | 0 | 0.6 | 0.82 | 4.78 |
| Investments | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Other Assets | 20.26 | 13.1 | 24.44 | 37.7 | 38.55 |
| Total Assets | 44.16 | 44.25 | 50.93 | 69.38 | 76.83 |
Cash Flow
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating | 0.86 | 3.35 | 2.02 | -7.02 | 3.48 |
| Investing | -5.19 | -8.39 | -2.33 | -6.83 | -8.4 |
| Financing | 4.56 | 4.33 | 0.92 | 20.5 | 1.53 |
| Net Cash Flow | 0.23 | -0.71 | 0.6 | 6.66 | -3.38 |
| Free Cash Flow | -4.21 | -5.31 | 0.11 | -13.84 | -4.91 |
| CFO/OP | 29 | 87 | 23 | -70 | 96 |
Ratios
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 44.73 | 23.79 | 72.23 | 78.36 | 96.15 |
| Inventory Days | 36.3 | 56.2 | 98.61 | 115 | 141 |
| Days Payable | 107 | 84.91 | 156 | 46.5 | 66.19 |
| Cash Conversion Cycle | -26.02 | -4.91 | 14.56 | 146 | 171 |
| Working Capital Days | -19.18 | -42.94 | 2.52 | 78.68 | 81.12 |
| ROCE % | — | 13.41% | 25.08% | 13.82% | 6.11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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57 extracted metrics + investor summaries across FY15–FY26.
Documents
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Company Information
Incorporated in 1996, Technichem Organics Ltd is in the business of manufacturing and exporting Speciality Chemicals. [1]
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