Mahickra Chemicals Limited (NSE:MAHICKRA)

Mahickra Chemicals Financials Overview

Financials in millions INR. Fiscal year is April - March.

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	1,063	1,063	899.78	735.18	1,054	1,049
Revenue Growth	12.34%	18.17%	22.39%	-30.23%	0.44%	18.45%
Gross Profit Gross Profit Growth	143.08	143.08	130.04	142.27	162.52	163.72
Operating Income Operating Income Growth	73.21	73.21	42.94	23.04	40.76	45.78
Net Income Net Income Growth	51.54	51.54	25.33	10.73	32.87	33.48
Earnings Per Share EPS Growth	6.28	6.28	3.12	1.32	4.05	4.12
EPS Growth	143.52%	101.41%	136.21%	-67.38%	-1.78%	7.69%

Revenue by Geography

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024
India India Growth	741.7	741.7	456.86	277.92
Export Export Growth	309.33	309.33	424.72	441.25
Unallocated Excise Duty /CGST, IGST and SGST on Sales Unallocated Excise Duty /CGST, IGST and SGST on Sales Growth	12.25	12.25	18.2	-
Total Total Growth	1,063	1,063	899.78	719.17

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	164.61	164.61	0.7	0.16	0.47	0.43
Total Debt Total Debt Growth	158.12	158.12	153	134.43	100.85	100.25
Net Cash (Debt) Net Cash Growth	6.49	6.49	-152.3	-134.28	-100.37	-99.82
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	0.79	0.79	-18.75	-16.53	-12.36	-12.29

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	-83.14	-83.14	-1.9	-13.27	23.17	32.37
Capital Expenditures CapEx Growth	-1.72	-1.72	-1.59	-6.59	-8.63	-13.47
Free Cash Flow Free Cash Flow Growth	-84.86	-84.86	-3.49	-19.85	14.53	18.9
Free Cash Flow Growth	-	-	-	-	-23.11%	-

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	13.46%	13.46%	14.45%	19.35%	15.42%	15.60%
Operating Margin	6.88%	6.88%	4.77%	3.13%	3.87%	4.36%
Pretax Margin	6.48%	6.48%	3.92%	2.04%	4.33%	4.43%
Profit Margin	4.85%	4.85%	2.81%	1.46%	3.12%	3.19%
FCF Margin	-7.98%	-7.98%	-0.39%	-2.70%	1.38%	1.80%

Dividends

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 2, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Dividend Per Share Dividend Per Share Growth	0.150	0.150	0.200	0.300	0.650	0.650
Dividend Per Share Growth	-25.00%	-25.00%	-33.33%	-53.85%	0%	225.00%
Dividend Yield	0.05%	0.07%	0.16%	0.24%	0.67%	0.77%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 2, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	46.02	33.41	40.22	92.75	24.22	20.62
P/FCF Ratio	-	-	-	-	54.77	36.52
PS Ratio	2.66	1.62	1.13	1.35	0.76	0.66

Data Source: S&P Global Market Intelligence Last updated: Sep 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 2, 2026

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