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AksharChem (India) Share Price

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270.650.25 (0.09%)

03:41 PM,18th Apr 2024

273.006.40 (2.40%)

04:01 PM,18th Apr 2024

BSE : 524598


Sector : Industrials

ISIN Code : INE542B01011

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Last Updated: Apr 18 2024 | 04:01 PM IST

Market Cap (₹ Cr)


Turnover (₹ Cr)


Volume (Shares)


Face Value


52-WK High


52-WK High Date

27 Feb 2024

52-WK Low


52-WK Low Date

22 May 2023

All Time High


All Time High Date

15 May 2017

All Time Low


All Time Low Date

24 Mar 2020

AksharChem (India) Ltd

AksharChem (India) Ltd. (Formerly Known as Audichem (India) Ltd.) was promoted by Mrs. Paru M. Jaykrishna in 1989. The Company is headquartered in the chemical belt of Mehsana (Gujarat) with a total manufacturing capacity of 23400 metric tonnes per annum (MTPA). Presently the Company is in the field of inorganic chemicals (Precipitated Silica) for tyre and rubber manufacturers.The Company is one of the leading chemicals manufacturing company based in India with a focus on exports to over 20 countries. Our product offerings fall into two categories organic chemicals and inorganic chemicals which further diversified into Vinyl Sulphone H Acid CPC Green in organic chemicals and Precipitated Silica in inorganic chemicals. Out of which organic chemicals have multiple applications in textile inks plastics and paints industries and inorganic chemicals have applications in tyre rubber agrochemical and animal feed industries.During the year 2014-15 the Court approved Scheme of Arrangement through demerger and transfer of CPC Green Division of Asahi Songwon Colors Limited to the Company and consequential restructure of the Share Capital of Asahi Songwon Colors Limited dated November 29 2014 which became effective from December 2 2014. Consequent upon the Scheme all the assets and liabilities of CPC Green Division of Asahi Songwon Colors Limited were transferred to the Company on the Appointed date i.e. April 1 2014. Pursuant to Scheme of Arrangement in the nature of demerger and transfer of CPC Green division from Asahi Songwon Colors Limited along with the Vinyl Sulphone (VS) new product namely CPC Green was introduced in the business of the Company in 2014-15.During the year 2015-16 the Company acquired one subsidiary namely M/s. Akshar Pigments Pvt. Ltd. by acquiring 99.90% stake therein and also subscribed 51% stake of M/s. Chhatral Environment Management System Private Limited however subsequently sold the entire stake in M/s. Chhatral Environment System Pvt. Ltd. Hence at the end of the financial year the Company had one subsidiary company namely M/s. Akshar Pigments Private Limited.During 2017-18 the Company announced the Capex plan of Rs 175 Crores is in Specialty Chemicals Dyes & Intermediates and Organic Pigments. The Share Capital of Company increased through Qualified Institutions Placement of 889690 Equity Shares of Rs 10 each of the Company to Qualified Institutional Buyers and accordingly due to this the percentage of the holding of promoters of the Company changed and reduced to 62.70% from 70.33% in 2017-18.The Company commissioned Precipitated Silica plant at Dahej in 2020-21

AksharChem (India) Ltd - Key Fundamentals

Market Cap (₹ Cr)


EPS - TTM (₹) [S]


P/E Ratio (X) [S]


Face Value (₹) 10
Latest Dividend (%)5.00
Latest Dividend Date 20 Sep 2023
Dividend Yield (%) 0.18
Book Value Share (₹) [S]330.38
P/B Ratio (₹) [S]0.82
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High



Week Low/High



Month Low/High



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All time Low/High



Share Price Returns

1 Week-3.04%-2.77%-3.40-3.33%
1 Month-0.15%0.22%-0.36-0.27%
3 Month-0.72%-0.66%1.832.49%
6 Month-3.20%-3.04%10.0411.82%
1 Year17.57%17.32%21.3724.55%
3 Year13.72%14.25%48.4550.47%

Company Info

Company Information

Independent Director : Pradeep Jha

Non Executive Director : Gokul M Jaykrishna

Joint Managing Director & CEO : Munjal M Jaykrishna

Independent Director : Gautam M Jain

Independent Director : Jigar Mukesh Patel

Independent Director : Maitri Kirankumar Mehta

Executive Director : Ashok Dolatsinh Barot

Chairperson & M D : Paru M Jaykrishna

Company Sec. & Compli. Officer : Mehul C. Naliyadhara

Registered Office: Akshar House Chhatral-Kadi Rd, Indrad,Mehsana,Gujarat-382715 Ph:;