Why is Ishan Dyes and chemicals Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- The company has been able to generate a Return on Equity (avg) of 5.33% signifying low profitability per unit of shareholders funds
2
The company has declared negative results for the last 4 consecutive quarters
- The company has declared negative results in Mar 25 after 4 consecutive negative quarters
- NET SALES(Latest six months) At Rs 25.43 cr has Grown at -50.88%
- PAT(Q) At Rs -5.25 cr has Fallen at -374.0% (vs previous 4Q average)
- OPERATING PROFIT TO INTEREST (Q) Lowest at -1.49 times
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 43.30%, its profits have fallen by -261.1%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Ishan Dyes for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Ishan Dyes
-40.12%
0.71
60.74%
Sensex
-11.8%
-0.50
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
1.80%
EBIT Growth (5y)
-156.41%
EBIT to Interest (avg)
1.23
Debt to EBITDA (avg)
5.95
Net Debt to Equity (avg)
0.66
Sales to Capital Employed (avg)
0.64
Tax Ratio
40.08%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.79%
ROE (avg)
2.80%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
0.91
EV to EBIT
-212.67
EV to EBITDA
40.68
EV to Capital Employed
0.95
EV to Sales
2.18
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.06%
ROE (Latest)
-5.30%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
20What is working for the Company
PAT(Latest six months)
Higher at Rs 1.62 cr
NET SALES(Q)
Highest at Rs 41.48 cr
-8What is not working for the Company
INTEREST(Latest six months)
At Rs 5.36 cr has Grown at 85.47%
NON-OPERATING INCOME(Q)
is 755.56 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Ishan Dyes
Profit After Tax (PAT) - Latest six months
At Rs 1.62 cr has Grown at 288.37%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 41.48 cr has Grown at 125.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 18.37 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 1.62 cr
than preceding 12 month period ended Jun 2026 of Rs -9.73 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 41.48 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Ishan Dyes
Interest - Latest six months
At Rs 5.36 cr has Grown at 85.47%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Non Operating Income - Quarterly
is 755.56 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT