---
title: "Shivchem Agro Ltd (544967) — Share Price, Financials & Analysis"
symbol: "544967"
company: "Shivchem Agro Ltd"
canonical: "https://tapetide.com/stocks/544967"
bse_code: "544967"
sector: "Commodities"
industry: "Fertilizers & Agrochemicals"
generated_at: "2026-10-13T10:59:42.084Z"
---

# Shivchem Agro Ltd (544967)

Canonical page: https://tapetide.com/stocks/544967

## Company

- **BSE Code:** 544967
- **Sector:** Commodities
- **Industry:** Fertilizers & Agrochemicals
- **Macro Sector:** Commodities
- **Face Value:** ₹5
- **F&O Eligible:** No

## About

Incorporated in September 2021, Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution, and sale of agricultural formulations.[1]

## Latest Price

- **Price:** ₹50.52
- **Change:** -2.65 (-4.98%)
- **Open:** ₹50.52
- **Day High:** ₹50.52
- **Day Low:** ₹50.52
- **Previous Close:** ₹53.17
- **Volume:** 4000
- **As Of:** 2026-10-13T07:06:49+00:00

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 40.2%

### Weaknesses

- Company has high debtors of 185 days.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 25% | 192% |
| revenue growth | 23% | 145% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0.39 | 2.28 | 10.86 | 27.19 | 33.36 |
| Expenses | 0.34 | 2.1 | 8.92 | 22.82 | 27.32 |
| Operating Profit | 0.05 | 0.18 | 1.94 | 4.37 | 6.04 |
| OPM % | 12.82 | 7.89 | 17.86 | 16.07 | 18.11 |
| Other Income | 0 | 0 | 0.01 | 0.04 | 0.02 |
| Interest | 0 | 0 | 0.17 | 0.77 | 1.4 |
| Depreciation | 0 | 0.01 | 0.05 | 0.12 | 0.26 |
| Profit before tax | 0.05 | 0.17 | 1.73 | 3.52 | 4.4 |
| Tax % | 20 | 23.53 | 25.43 | 26.14 | 26.14 |
| Net Profit | 0.03 | 0.13 | 1.29 | 2.6 | 3.25 |
| EPS in Rs | 6 | 26 | 258 | 4.93 | 6.16 |
| 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 | 0.05 | 0.05 | 0.05 | 2.64 | 2.64 |
| Reserves | 0.03 | 0.16 | 1.45 | 7.04 | 10.28 |
| Borrowings | 0.37 | 1.28 | 7.1 | 8.26 | 7.28 |
| Other Liabilities | 0.23 | 1.27 | 7.82 | 18.35 | 24.85 |
| Total Liabilities | 0.68 | 2.76 | 16.42 | 36.29 | 45.05 |
| Fixed Assets | 0.06 | 0.18 | 0.8 | 4.38 | 3.69 |
| CWIP | 0 | 0.09 | 0.75 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.62 | 2.49 | 14.87 | 31.91 | 41.36 |
| Total Assets | 0.68 | 2.76 | 16.42 | 36.29 | 45.05 |

### 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 | — | -0.68 | -4.34 | -3 | 1.79 |
| Cash from Investing Activity | — | -0.22 | -1.32 | -2.91 | 0.42 |
| Cash from Financing Activity | — | 0.91 | 5.72 | 6.08 | -2.33 |
| Net Cash Flow | — | 0 | 0.06 | 0.17 | -0.11 |
| Free Cash Flow | — | -0.9 | -5.66 | -5.95 | 2.21 |
| CFO/OP | — | -367 | -221 | -60 | 42 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 299.49 | 155.29 | 143.51 | 149.28 | 185.34 |
| Inventory Days | — | 270.14 | 607.69 | 446.43 | 402.17 |
| Days Payable | — | 243.33 | 403.83 | 379.13 | 388.67 |
| Cash Conversion Cycle | 299.49 | 182.09 | 347.37 | 216.58 | 198.84 |
| Working Capital Days | 0 | -11.21 | 57.81 | 105.65 | 131.62 |
| ROCE % | — | 17.53 | 37.66 | 32.33 | 30.41 |

## Shareholding Pattern

### annual

| Category | Oct 2026 |
| --- | --- |
| Promoters | 64.91% |
| DIIs | 2.94% |
| Public | 32.15% |
| No. of Shareholders | 482 |

### Quarterly

| Category | Oct 2026 |
| --- | --- |
| Promoters | 64.91% |
| DIIs | 2.94% |
| Public | 32.15% |
| No. of Shareholders | 482 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 0 / 19 / 0

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | — | Neutral |
| EMA (10) | — | Neutral |
| 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 |
| --- | --- |
| 2026-10-08 | [Board Meeting Outcome for Change In Registered Office Address Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a885fc0-9c3a-4d0d-b094-d660db84861b.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 2026-10-13T10:59:42.084Z.