Mahickra Chemicals Limited (NSE: MAHICKRA) is a Ahmedabad, Gujarat-based company in the Inorganic Dyes and Pigments industry. With a market capitalisation of ₹281 Cr, it ranks #2,397 by market cap among the 6,137 Indian listed companies on FinBizNet, and #9 of 18 in Inorganic Dyes and Pigments. At ₹271.00 (as of 25 Oct 2026), the share price is 13.8% below its 52-week high of ₹314.50 and 106.9% above its 52-week low of ₹131.00. The share price is up 55.3% over one year and down 6.2% over three months.
| Current Price | ₹271.00 |
|---|---|
| Market Cap | ₹281 Cr |
| NSE Symbol | MAHICKRA |
| Sector | Materials > Chemicals > Speciality Chemicals |
| Sub-Industry | Specialty Chemicals > Inorganic Dyes and Pigments |
| P/E Ratio | 43.2 |
| Return on Equity | 7.34% |
| Return on Assets | 5.54% |
| 52-Week Range | ₹131.00 – ₹314.50 |
| 1-Year Price Change | +55.3% |
| 3-Month Price Change | -6.2% |
| Beta (1Y) | 0.26 |
| Dividend Yield | 0.11% |
| Headquarters | Ahmedabad, Gujarat |
| Website | www.mahickra.com |
Mahickra Chemicals Limited manufacture, supplies, and exports dyestuffs in India. The company offers reactive, acid, and direct dyes; lake, synthetic, and blended colours; pigment powder and emulsion products; and specialty chemicals, as well as inorganic products such as zinc carbonate – rubber grade and for oil and gas. The company also provides excipients comprising aluminium hydroxide, ammonium chloride, calcium acetate, calcium carbonate, calcium sulphate, copper sulphate, cobalt sulphate, ferrous sulphate, magnesium carbonate, magnesium oxide, magnesium hydroxide, magnesium sulphate, manganese sulphate, manganese carbonate, potassium chloride, potassium sulphate, sodium acetate, zinc acetate, zinc oxide, and zinc sulphate. The company serves the pharmaceuticals, dyes and intermediates, textile auxiliaries, paints, pigments, emulsion polymerization, construction chemicals, and home care sectors. The company was formerly known as Mahak Dye Chem Industries and changed its name to Ma
1. Manufacturing and Trading of Reactive Dyes-This segment manufactures and sells reactive dyes.
1. Manufacturing and Trading of Reactive Dyes-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Aarti Industries Ltd | ₹18,252 Cr | 41.5 | 7.25% | ₹2,387 Cr | +13.5% |
| Sudarshan Chemical Industries Limited | ₹9,058 Cr | 401.8 | 1.03% | ₹2,642 Cr | -19.6% |
| Kiri Industries Ltd. | ₹3,257 Cr | 0.5 | 114.88% | ₹312 Cr | -19.0% |
| Bhageria Industries Ltd | ₹1,584 Cr | 33.4 | 7.74% | ₹286 Cr | +102.8% |
| Ultramarine & Pigments Ltd. | ₹1,151 Cr | 14 | 8.77% | — | -23.4% |
| Sudarshan Pharma Industries Li | ₹926 Cr | 36.2 | — | — | +18.4% |
| Sadhana Nitro Chem Ltd | ₹703 Cr | -1.1 | -23.52% | ₹27 Cr | -78.4% |
| Poddar Pigments Ltd. | ₹284 Cr | 19.1 | 4.13% | ₹90 Cr | -12.0% |
| Mahickra Chemicals Limited | ₹281 Cr | 43.2 | 7.34% | — | +55.3% |
Listed by market capitalisation. Ratios are shown for context only.
Mahickra Chemicals Limited is trading at ₹271.00, with a market capitalisation of ₹281 Cr.
Mahickra Chemicals Limited operates in the Materials > Chemicals > Speciality Chemicals space (Specialty Chemicals > Inorganic Dyes and Pigments).
Mahickra Chemicals Limited has a P/E of 43.2 and a return on equity of 7.34%.
Mahickra Chemicals Limited is listed on the NSE under the symbol MAHICKRA.
Mahickra Chemicals Limited's share price is up 55.3% over one year and down 6.2% over three months. Its 52-week range is ₹131.00 to ₹314.50.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.