---
title: "Shlokka Dyes Ltd (544582) — Share Price, Financials & Analysis"
symbol: "544582"
company: "Shlokka Dyes Ltd"
canonical: "https://tapetide.com/stocks/544582"
isin: "INE1EUB01016"
nse_symbol: "SHLOKKADYESLTD"
bse_code: "544582"
sector: "Chemicals"
industry: "Specialty Chemicals"
market_cap_cr: 51.4
generated_at: "2026-09-13T18:58:29.569Z"
---

# Shlokka Dyes Ltd (544582)

Canonical page: https://tapetide.com/stocks/544582

## Company

- **NSE Symbol:** SHLOKKADYESLTD
- **BSE Code:** 544582
- **ISIN:** INE1EUB01016
- **Sector:** Chemicals
- **Industry:** Specialty Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shlokkadyes.com

## About

Incorporated in 2021, Shlokka Dyes Limited is engaged in the manufacturing of reactive dyes and pigments, specializing in synthetic organic dyes.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:41.625630Z.

- **Market Cap:** ₹51.4 Cr
- **Classification:** SME
- **P/E (reported):** 10.3
- **Book Value:** ₹39.88
- **Price to Book:** 0.6
- **Dividend Yield:** 0%
- **ROE:** 36.73%
- **ROCE:** 37.61%
- **Debt to Equity:** 0.31
- **Revenue (yearly):** ₹81.94 Cr
- **Net Income:** ₹4.85 Cr
- **EBITDA:** ₹11.4 Cr
- **52-Week High:** ₹90
- **52-Week Low:** ₹21.1
- **RSI (14):** 46.48

## Tapetide Score

- **Score:** 44 / 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:** 25 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 52.73 | 9% |
| growth | 14.8 | 9% |
| momentum | 41.49 | 12% |
| ownership | 37.03 | 24% |
| quality | 49.28 | 22% |
| valuation | 53.42 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.59 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 241 days.
- Working capital days have increased from 144 days to 331 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 148.48% | 207.23% | 197.89% |
| ebitda margin growth | -23.82% | -33.77% | — |
| net income growth | -51.5% | 102% | — |
| revenue growth | -20.83% | 111% | — |
| roce | 37.97% | 866.84% | 17.18% |
| roe | 31.89% | 23.82% | 433.09% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 42.61 | 60.81 | 31.35 | 50.59 |
| Expenses | 33.44 | 51.34 | 27 | 43.53 |
| Operating Profit | 9.17 | 9.47 | 4.35 | 7.06 |
| OPM % | 21.52 | 15.57 | 13.88 | 13.96 |
| Other Income | 0.07 | -0.04 | 0.27 | 0.68 |
| Interest | 1.41 | 1.39 | 1.17 | 1.25 |
| Depreciation | 1.87 | 1.99 | 1.67 | 1.81 |
| Profit before tax | 5.96 | 6.05 | 1.78 | 4.68 |
| Tax % | 18.29 | 14.71 | 16.85 | 25.43 |
| Net Profit | 4.87 | 5.17 | 1.48 | 3.48 |
| EPS in Rs | 3.23 | 3.43 | 0.98 | 1.63 |

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 8.77 | 61.28 | 103.21 | 81.94 |
| Expenses | 0 | 7.19 | 48.88 | 84.78 | 70.54 |
| Operating Profit | 0 | 1.58 | 12.4 | 18.43 | 11.4 |
| OPM % | — | 18.02 | 20.23 | 17.86 | 13.91 |
| Other Income | 0 | 0.03 | 0.41 | 0.24 | 0.96 |
| Interest | 0 | 0.19 | 2.42 | 2.8 | 2.42 |
| Depreciation | 0 | 0.59 | 4.34 | 3.86 | 3.48 |
| Profit before tax | 0 | 0.83 | 6.05 | 12.01 | 6.46 |
| Tax % | — | 27.71 | 18.68 | 16.65 | 23.22 |
| Net Profit | 0 | 0.6 | 4.92 | 10.01 | 4.96 |
| EPS in Rs | 0 | 280.37 | 1815.5 | 6.65 | 2.32 |
| Dividend Payout % | — | 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 | 0.01 | 0.02 | 0.03 | 15.06 | 21.41 |
| Reserves | 0 | 8.69 | 17.63 | 12.2 | 63.96 |
| Borrowings | 3.64 | 19.78 | 28.79 | 27.92 | 26.76 |
| Other Liabilities | 1.36 | 10.28 | 20.74 | 36.4 | 19.15 |
| Total Liabilities | 5.01 | 38.77 | 67.19 | 91.58 | 131.28 |
| Fixed Assets | 0 | 28.64 | 24.39 | 21.6 | 19.16 |
| CWIP | 3.48 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1.53 | 10.13 | 42.8 | 69.98 | 112.12 |
| Total Assets | 5.01 | 38.77 | 67.19 | 91.58 | 131.28 |

### 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 | -0.1 | 1.66 | -10.52 | 5.1 | -46.67 |
| Cash from Investing Activity | -3.48 | -25.71 | -0.03 | -1.04 | -0.96 |
| Cash from Financing Activity | 3.65 | 24.06 | 10.58 | -4.09 | 49.59 |
| Net Cash Flow | 0.07 | 0 | 0.04 | -0.03 | 1.96 |
| Free Cash Flow | -3.58 | -24.05 | -10.55 | 4.06 | -47.67 |
| CFO/OP | — | 105 | -74 | 39 | -395 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 58.27 | 170.53 | 160.45 | 240.9 |
| Inventory Days | — | 195.28 | 80.13 | 94.74 | 166.95 |
| Days Payable | — | 390.05 | 126.12 | 147.93 | 82.38 |
| Cash Conversion Cycle | — | -136.5 | 124.54 | 107.26 | 325.47 |
| Working Capital Days | — | -109.04 | 38.6 | 62.17 | 330.97 |
| ROCE % | — | 6.35 | 22.6 | 29.14 | 10.62 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Promoters | 100% | 70.34% |
| FIIs | 0% | 2.39% |
| DIIs | 0% | 0% |
| Government | 0% | 0% |
| Public | 0% | 23.87% |
| Others | 0% | 3.4% |
| No. of Shareholders | 7 | 1135 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 24.94 | Sell |
| EMA (10) | 24.66 | Sell |
| SMA (20) | 24.79 | Sell |
| EMA (20) | 24.63 | Sell |
| SMA (50) | 24.1 | Sell |
| EMA (50) | 24.47 | Sell |
| SMA (100) | 24.48 | Sell |
| EMA (100) | 26.41 | Sell |
| SMA (200) | 31.41 | Sell |
| EMA (200) | 32.74 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.98 | Neutral |
| MACD (12,26,9) | 0.14 | Sell |
| Stochastic (14,3,3) | 29.87 | Neutral |
| ADX (14) | 11.64 | Neutral |
| Williams %R (14) | -83.61 | Buy |
| ATR (14) | 1.18 | High Volatility |
| ROC (12) | -7.48 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 55.72 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6593c07-0816-4fbb-af89-ba36cf426b7c.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b517bb1-38bb-4fc2-8c66-5c3f409e4507.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=888ff96b-2065-4fbc-9e57-e895f898d515.pdf) |
| 2026-09-02 | [Annual General Meeting Scheduled To Be Held On September 24 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73f785e1-96fe-4ce3-b5b2-9705b3fdda39.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40ef0a76-cf3b-415e-bff3-b0654c50709f.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5d79548-12cd-4b09-be3f-34abcc9edd9d.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3cfefe6b-e400-44b1-9612-43d4017de19b.pdf) |
| 2026-05-27 | [Board Meeting Outcome for Declaration Of Audited Standalone Financial Results For The Half Year And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=238e1c76-47f3-4c32-9f16-93bf827bf65b.pdf) |
| 2026-05-27 | [Statement Of Deviation For The Half Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9eea4e16-dcca-4e37-a692-1bc65c3d0164.pdf) |
| 2026-05-22 | [Board Meeting Intimation for Declaration Of Audited Financial Results Of The Company For The Half Year And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7325877-404c-42ee-9a5c-9c8744b961bd.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-27 | [Audited Standalone Financial Results For The Half Year And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b7bdeec-ef2e-4ea7-81f1-c1abd98895d4.pdf) |
| 2025-11-13 | [Unaudited Half Yearly Results For The Half Year Ending On September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4368a79-d6a1-4e21-9c0f-d73f874e8ecf.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 31 Dec 2025 - CFO Rajesh Patel resigned Dec 31, 2025; Vikas Badgujar appointed CFO effective Jan 1, 2026; Arpit Tiwari named independent director. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 31 Dec 2025 - CFO Rajesh Patel resigned Dec 31, 2025; Vikas Badgujar appointed CFO effective Jan 1, 2026; Arpit Tiwari named independent director.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96fa82be-2494-45c8-925f-668250ff9d8a.pdf) |
| 31 Dec 2025 - CFO Rajesh Patel resigned Dec 31, 2025; Vikas Badgujar appointed CFO effective Jan 1, 2026; Arpit Tiwari appointed Independent Director. | [Board Meeting Outcome - Change In Key Managerial Personnel. 31 Dec 2025 - CFO Rajesh Patel resigned Dec 31, 2025; Vikas Badgujar appointed CFO effective Jan 1, 2026; Arpit Tiwari appointed Independent Director.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ef29cc1-e637-4a45-8170-1ea3f36bf582.pdf) |
| 31 Dec 2025 - CFO Rajesh Patel resigned Dec 31, 2025; Vikas Badgujar appointed CFO effective Jan 1, 2026; Arpit Tiwari appointed independent director. | [Announcement under Regulation 30 (LODR)-Cessation 31 Dec 2025 - CFO Rajesh Patel resigned Dec 31, 2025; Vikas Badgujar appointed CFO effective Jan 1, 2026; Arpit Tiwari appointed independent director.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdf1008f-0abe-46ff-a31b-9da924db3164.pdf) |
| 29 Apr - Board approved keeping books of account at Ahmedabad location and will file AOC-5. | [Announcement under Regulation 30 (LODR)-Change in Corporate Office Address 29 Apr - Board approved keeping books of account at Ahmedabad location and will file AOC-5.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c07c2bd-2a43-4845-bca9-013cc55d1fe3.pdf) |
| 29 Apr - Board approved keeping books of account at Ahmedabad location and will file AOC-5. | [Announcement under Regulation 30 (LODR)-Change in Corporate Office Address 29 Apr - Board approved keeping books of account at Ahmedabad location and will file AOC-5.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4c07c2bd-2a43-4845-bca9-013cc55d1fe3.pdf) |
| 17 February 2026 - Feb 17, 2026: SHANTHALA informed NSE no undisclosed material information affecting share price. | [Updates 17 February 2026 - Feb 17, 2026: SHANTHALA informed NSE no undisclosed material information affecting share price.](https://nsearchives.nseindia.com/corporate/SHANTHALA_17022026123727_Clarification_letter.pdf) |
| 17 Feb - CRISIL qualified report: issuer not cooperating to verify Rs5,778.86 lakh IPO proceeds for quarter ended Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 17 Feb - CRISIL qualified report: issuer not cooperating to verify Rs5,778.86 lakh IPO proceeds for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca4ba077-c482-472d-a3f0-08e4296f5803.pdf) |
| 16 January 2026 - Shanthala FMCG: Reg 27 governance not applicable for quarter ended Dec 31, 2025; SME listing exempt under Reg 15. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 16 January 2026 - Shanthala FMCG: Reg 27 governance not applicable for quarter ended Dec 31, 2025; SME listing exempt under Reg 15.](https://nsearchives.nseindia.com/corporate/SHANTHALA_16012026160053_Undertaking_for_non_appli__2_.pdf) |
| 16 February 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 16 February 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SHANTHALA&tabIndex=sme) |
| 14 November 2025 - RPT not applicable for half-year ended 30 Sep 2025 due to SME listing exemption. | [Related Party Transactions 14 November 2025 - RPT not applicable for half-year ended 30 Sep 2025 due to SME listing exemption.](https://nsearchives.nseindia.com/corporate/SHANTHALA_14112025134732_Undertaking_for_non_appli__2_.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29114_SHANTHALA_2024_2025_A_1027105_17092025151749.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25328_SHANTHALA_2023_2024_30082024163831.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 2026-09-13T18:58:29.569Z.