---
title: "SK Minerals & Additives Ltd (544584) — Share Price, Financials & Analysis"
symbol: "544584"
company: "SK Minerals & Additives Ltd"
canonical: "https://tapetide.com/stocks/544584"
isin: "INE13YH01017"
nse_symbol: "SKMINERALSANDADDITIVESLTD"
bse_code: "544584"
sector: "Food Products"
industry: "Meat Products"
market_cap_cr: 599.76
generated_at: "2026-09-13T19:38:55.103Z"
---

# SK Minerals & Additives Ltd (544584)

Canonical page: https://tapetide.com/stocks/544584

## Company

- **NSE Symbol:** SKMINERALSANDADDITIVESLTD
- **BSE Code:** 544584
- **ISIN:** INE13YH01017
- **Sector:** Food Products
- **Industry:** Meat Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** skminerals.net

## About

Incorporated in 2022, SK Minerals & Additives Limited is engaged in the manufacturing, processing, and supply of industrial minerals and specialty chemicals.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:42:49.373794Z.

- **Market Cap:** ₹599.76 Cr
- **Classification:** SME
- **P/E (reported):** 0
- **Book Value:** ₹52.95
- **Price to Book:** 9.44
- **Dividend Yield:** 0%
- **ROE:** 46.23%
- **ROCE:** 60.35%
- **Debt to Equity:** 1.25
- **Revenue (yearly):** ₹317.89 Cr
- **Net Income:** ₹18.4 Cr
- **EBITDA:** ₹32.14 Cr
- **52-Week High:** ₹502
- **52-Week Low:** ₹102.05
- **RSI (14):** 68.85

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 41.8 | 9% |
| growth | 98.28 | 9% |
| momentum | 98.9 | 12% |
| ownership | 78.39 | 24% |
| quality | 34.02 | 22% |
| valuation | 22.82 | 24% |

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

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%

### Weaknesses

- Stock is trading at 7.39 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 43.2 days to 71.2 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 67.7% | 73.99% | -144.54% |
| ebitda margin growth | -48.2% | 9.1% | 57.34% | 309.35% |
| net income growth | -55.42% | 68.81% | 122% | 982.35% |
| revenue growth | -49.3% | 49.88% | 34% | 21.15% |
| roce | — | 102.86% | 118.42% | 42.02% |
| roe | — | 90.01% | 33.66% | 51.92% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 34.17 | 126.87 | 64.45 |
| Expenses | 30.98 | 113.91 | 57.57 |
| Operating Profit | 3.19 | 12.96 | 6.88 |
| OPM % | 9.34 | 10.22 | 10.67 |
| Other Income | 0.04 | 0.92 | 0.36 |
| Interest | 0.73 | 1.71 | 1.75 |
| Depreciation | 0.2 | 0.22 | 0.32 |
| Profit before tax | 2.3 | 11.95 | 5.17 |
| Tax % | 27.83 | 30.96 | 28.24 |
| Net Profit | 1.65 | 8.26 | 3.7 |
| EPS in Rs | 1.83 | 6.75 | 3.02 |

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 121 | 132 | 109 | 212 | 318 |
| Expenses | 119 | 128 | 102 | 193 | 286 |
| Operating Profit | 2 | 4 | 7 | 19 | 32 |
| OPM % | 1.8 | 3 | 6 | 9 | 10 |
| Other Income | 1 | 0 | 0 | 0 | 1 |
| Interest | 0 | 1 | 2 | 3 | 5 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 4 | 15 | 27 |
| Tax % | 28 | 32 | 25 | 28 | 33 |
| Net Profit | 2 | 2 | 3 | 11 | 18 |
| EPS in Rs | 1670 | 11.81 | 6.2 | 12.16 | 14.8 |
| 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 | 0.01 | 2 | 5 | 9 | 12 |
| Reserves | 3 | 5 | 8 | 15 | 68 |
| Borrowings | 11 | 24 | 35 | 45 | 100 |
| Other Liabilities | 12 | 8 | 7 | 7 | 6 |
| Total Liabilities | 25 | 38 | 54 | 75 | 186 |
| Fixed Assets | 2 | 2 | 5 | 5 | 23 |
| CWIP | 0 | 1 | 0 | 0 | 7 |
| Investments | 0 | 0 | 0 | 2 | 18 |
| Other Assets | 23 | 34 | 49 | 68 | 138 |
| Total Assets | 25 | 38 | 54 | 75 | 186 |

### 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 | -4 | -11 | -9 | -3 | -75 |
| Cash from Investing Activity | -2 | -2 | -2 | -1 | -18 |
| Cash from Financing Activity | 6 | 14 | 13 | 7 | 89 |
| Net Cash Flow | 0 | 0 | 2 | 3 | -4 |
| Free Cash Flow | -6 | -13 | -11 | -4 | -94 |
| CFO/OP | -203 | -308 | -142 | -23 | -241 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 50 | 22 | 59 | 48 | 61 |
| Inventory Days | 10 | 13 | 31 | 41 | 36 |
| Days Payable | 8 | 7 | 0 | 0 | 0 |
| Cash Conversion Cycle | 52 | 28 | 89 | 89 | 97 |
| Working Capital Days | 8 | 25 | 27 | 31 | 71 |
| ROCE % | — | 16 | 16 | 32 | 26 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Promoters | 73.53% | 73.53% |
| FIIs | 3.22% | 1.37% |
| DIIs | 10.67% | 3.46% |
| Government | 0% | 0% |
| Public | 11.09% | 13.51% |
| Others | 1.49% | 8.13% |
| No. of Shareholders | 707 | 446 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 4 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 475.63 | Buy |
| EMA (10) | 474.98 | Buy |
| SMA (20) | 451.06 | Buy |
| EMA (20) | 461.28 | Buy |
| SMA (50) | 446.42 | Buy |
| EMA (50) | 436.53 | Buy |
| SMA (100) | 397.09 | Buy |
| EMA (100) | 387.97 | Buy |
| SMA (200) | 270.11 | Buy |
| EMA (200) | 278.77 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.13 | Neutral |
| MACD (12,26,9) | 15.17 | Buy |
| Stochastic (14,3,3) | 90.7 | Sell |
| ADX (14) | 25.89 | Buy |
| Williams %R (14) | -17.22 | Sell |
| ATR (14) | 14.83 | High Volatility |
| ROC (12) | 16.95 | Buy |
| Stoch RSI (14) | 72.44 | Neutral |
| UO (7,14,28) | 53.7 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4fc5e018-1590-46b8-8292-31aaa2664827.pdf) |
| 2026-09-08 | [Intimation Of Appointment Of Investor Relations (IR) Agency And Specific Email ID For Investor Relations](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=893d763e-2d97-45f0-a1f4-8a3d7a48df89.pdf) |
| 2026-09-08 | [Notice Of 4Th Annual General Meeting Of SK Minerals & Additives Limited For The Financial Year Ended On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e5e2ac2-1ee9-4196-9edc-c3efa5b58f94.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c135641a-a767-48f0-9a59-13261e9f679c.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2069416-b913-448a-a83c-f4e8f5cd7913.pdf) |
| 2026-09-04 | [SK Minerals & Additives Limited Enters Into Technical And Commercial Co-Operation And Collaboration Agreement With Ipool S.R.L. Italy.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff62d1c7-f867-480f-ad98-15e270e7b244.pdf) |
| 2026-09-02 | [Board Meeting Intimation for Fixing The Date Time And Mode Of Convening The 4Th Annual General Meeting Of The Company And Other Matters Related Or Incidental Thereto;](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ef9c36f-813b-44fa-a93b-87abfbd483a2.pdf) |
| 2026-08-24 | [Board Meeting Outcome for Outcome Of Board Meeting (Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bec28e6b-0391-416b-9fda-236efd76ed47.pdf) |
| 2026-08-19 | [Board Meeting Intimation for The Allotment Of Convertible Warrants On A Preferential Basis.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a53f0791-3d3e-4214-b9c8-76187f64c284.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3b306dc-6767-4e3b-af5b-00685b89b3ab.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d65e0347-b86e-4195-9e01-a8dd486d33a5.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d65e0347-b86e-4195-9e01-a8dd486d33a5.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6aaf49c2-7a7b-4e5d-ba17-1e0ae5664ec0.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fd76827-48d1-49ca-b474-00a1cb64d8e0.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - On 11 May 2026, board noted two resignations and approved 100% acquisition of Synergy Trade Links DMCC. | [Board Meeting Outcome for OUTCOME OF THE BOARD MEETING HELD ON MAY 11, 2026. 9h - On 11 May 2026, board noted two resignations and approved 100% acquisition of Synergy Trade Links DMCC.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/922a0c3c-d0cf-4f51-8efe-9adafef1062b.pdf) |
| 9 February 2026 - CFO Pankaj Agrawal resigned effective February 9, 2026. | [Cessation 9 February 2026 - CFO Pankaj Agrawal resigned effective February 9, 2026.](https://nsearchives.nseindia.com/corporate/SHANTI_09022026175502_Announcement_Reg_30-_Resignation_of_CFO_Sd.pdf) |
| 9 Feb - Participating at Plastindia 2026 (Feb 5–10); showcasing halogen-free flame retardant additives; Stall B-19, Hall H-15. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Regarding Participation In Plastindia 2026 Exhibition And Showcase Of Advanced Halogen-Free Flame Retardant Additives. 9 Feb - Participating at Plastindia 2026 (Feb 5–10); showcasing halogen-free flame retardant additives; Stall B-19, Hall H-15.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76631df5-3281-4620-81f9-a5eeb4120b17.pdf) |
| 7h - SEBI issued an administrative warning on April 16, 2026 over incorrect related-party loan tenure disclosure in IPO offer document. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 7h - SEBI issued an administrative warning on April 16, 2026 over incorrect related-party loan tenure disclosure in IPO offer document.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b10a5f4-04ac-4823-951b-f33fc9a39395.pdf) |
| 7 Jan - 9M FY26 revenue Rs.191.02 Cr (+43.41% YoY); Nov 4, 2025 halogen-free flame retardant developed. | [Sales Performance Update For Quarter Ended December 31, 2025. 7 Jan - 9M FY26 revenue Rs.191.02 Cr (+43.41% YoY); Nov 4, 2025 halogen-free flame retardant developed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/885d6441-07d0-45d9-ae74-db540de4068f.pdf) |
| 6 May - Board meets May 11, 2026 to consider acquiring Synergy Trade Links DMCC, Dubai, as wholly owned subsidiary. | [Board Meeting Intimation for To Consider The Proposal To Acquire Synergy Trade Links DMCC, Dubai (A Company Under The Same Management) As A Wholly Owned Subsidiary Of The Company. 6 May - Board meets May 11, 2026 to consider acquiring Synergy Trade Links DMCC, Dubai, as wholly owned subsidiary.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cef4b39d-5bde-447f-9140-755eed565b0d.pdf) |
| 3 Apr - Mr. Pawan Kumar Jain resigned as CMO effective March 31, 2026. | [Announcement under Regulation 30 (LODR)-Cessation 3 Apr - Mr. Pawan Kumar Jain resigned as CMO effective March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60ceb79c-b524-4c29-8db1-fcc7a2625e5c.pdf) |
| 3 Apr - CMO Pawan Kumar Jain resigned effective March 31, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 3 Apr - CMO Pawan Kumar Jain resigned effective March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/edd72be7-477e-44af-b85c-68c99deaaaca.pdf) |
| 27 Mar - Dr Ashish Mathur appointed effective 24-Mar-2026; Lakshmi Iyer reappointed 25-Feb-2026–24-Feb-2031; Ramit Sikka reappointed 29-Mar-2026–28-Mar-2031. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015 27 Mar - Dr Ashish Mathur appointed effective 24-Mar-2026; Lakshmi Iyer reappointed 25-Feb-2026–24-Feb-2031; Ramit Sikka reappointed 29-Mar-2026–28-Mar-2031.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60604108-0f43-4c5b-a270-9605da103e21.pdf) |
| 27 Apr - As of 27.04.2026, consolidated order book stands at approximately Rs. 63.10 crores. | [General Corporate Update - Disclosure Of Order Book Position 27 Apr - As of 27.04.2026, consolidated order book stands at approximately Rs. 63.10 crores.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e6c6892-d14b-4181-b87d-2f078cd93f40.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-01 | [Unaudited Financial Results For The Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8e063e7-ecb8-4d37-9003-dd5c7223b78f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/AR_29208_SHANTI_2024_2025_A_5999719_08122025194718.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/AR_26047_SHANTI_2023_2024_06092024192826.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23779_SHANTI_2022_2023_07092023180934.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21618_SHANTI_2021_2022_07092022173751.zip) |

---

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 2026-09-13T19:38:55.103Z.
