Shree Hari Chem. Exp
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Shree Hari Chemicals approved a preferential issue of 22.85 lakh convertible warrants to four promoter allottees at ₹176.10 each, aggregating ₹40.24 crore, subject to shareholder approval. The warrants would convert into an equal number of equity shares in one or more tranches within 18 months, with 25% payable on subscription and the balance on conversion. The proposed issue would take the four allottees' individual holdings to between 5.36% and 8.13% on full conversion. The company reported consolidated revenue of ₹184.5 crore and net profit of ₹4.1 crore for FY26, while promoter holding stood at 64.26% after April 2026 CCD conversions.
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Shree Hari Chemicals approved a preferential issue of 22.85 lakh convertible warrants to four promoter allottees at ₹176.10 each, aggregating ₹40.24 crore, subject to shareholder approval. The warrants would convert into an equal number of equity shares in one or more tranches within 18 months, with 25% payable on subscription and the balance on conversion. The proposed issue would take the four allottees' individual holdings to between 5.36% and 8.13% on full conversion. The company reported consolidated revenue of ₹184.5 crore and net profit of ₹4.1 crore for FY26, while promoter holding stood at 64.26% after April 2026 CCD conversions.
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Shree Hari Chemicals' board approved 22.85 lakh convertible warrants for four promoters—Nihit Agarwal, Priyamvada Agarwal, Avanticka Agarwal and Smradhi Agarwal—at ₹176.10 each, aggregating ₹40.24 crore and subject to shareholder approval. The warrants would convert into equal equity shares within 18 months, with 25% payable at subscription and the balance on conversion. It also reappointed the chairman and three directors and appointed an additional independent director, all subject to shareholder approval. The board altered the memorandum's objects to cover machinery, investments and infrastructure, and approved expansion and capital-expenditure funding for the wholly owned subsidiary Shakambhari Dyechem. Shakambhari Dyechem remained pre-revenue, while ₹14.7 crore raised through a preferential issue and rights issues of ₹5 crore and ₹4.95 crore had been earmarked for group and subsidiary capex.
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Shree Hari Chemicals' board approved 22.85 lakh convertible warrants for four promoters—Nihit Agarwal, Priyamvada Agarwal, Avanticka Agarwal and Smradhi Agarwal—at ₹176.10 each, aggregating ₹40.24 crore and subject to shareholder approval. The warrants would convert into equal equity shares within 18 months, with 25% payable at subscription and the balance on conversion. It also reappointed the chairman and three directors and appointed an additional independent director, all subject to shareholder approval. The board altered the memorandum's objects to cover machinery, investments and infrastructure, and approved expansion and capital-expenditure funding for the wholly owned subsidiary Shakambhari Dyechem. Shakambhari Dyechem remained pre-revenue, while ₹14.7 crore raised through a preferential issue and rights issues of ₹5 crore and ₹4.95 crore had been earmarked for group and subsidiary capex.
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Aug 25 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
SHREE HARI CHEMICALS EXPORT - RE-APPOINTS BANKESH CHANDRA AGRAWAL AS CHAIRMAN & MD
Source text: ID:nBSE7Pnc2M
Further company coverage: SHCE.BO
(([email protected];))
Aug 25 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
SHREE HARI CHEMICALS EXPORT - RE-APPOINTS BANKESH CHANDRA AGRAWAL AS CHAIRMAN & MD
Source text: ID:nBSE7Pnc2M
Further company coverage: SHCE.BO
(([email protected];))
Shree Hari Chemicals Export Ltd. said its board would meet on August 25 to consider issuing warrants on a preferential basis and convening the 39th annual general meeting to seek approval for the fund raising. The trading window will remain closed from August 19 until 48 hours after the board meeting. The notice did not specify the proposed issue size, pricing or use of proceeds.
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Shree Hari Chemicals Export Ltd. said its board would meet on August 25 to consider issuing warrants on a preferential basis and convening the 39th annual general meeting to seek approval for the fund raising. The trading window will remain closed from August 19 until 48 hours after the board meeting. The notice did not specify the proposed issue size, pricing or use of proceeds.
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March 23 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
INVESTS 49.5 MILLION RUPEES IN SHAKAMBHARI DYECHEM RIGHTS ISSUE
Source text: ID:nBSE1LQ98R
Further company coverage: SHCE.BO
(([email protected];))
March 23 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
INVESTS 49.5 MILLION RUPEES IN SHAKAMBHARI DYECHEM RIGHTS ISSUE
Source text: ID:nBSE1LQ98R
Further company coverage: SHCE.BO
(([email protected];))
Oct 27 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
SEIAA GRANTS ENVIRONMENTAL CLEARANCE TO SHAKAMBHARI DYECHEM
Source text: ID:nBSE49mxnl
Further company coverage: SHCE.BO
(([email protected];;))
Oct 27 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
SEIAA GRANTS ENVIRONMENTAL CLEARANCE TO SHAKAMBHARI DYECHEM
Source text: ID:nBSE49mxnl
Further company coverage: SHCE.BO
(([email protected];;))
Aug 20 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
TO CONSIDER ISSUE OF COMPULSORILY CONVERTIBLE DEBENTURES
Source text for Eikon: ID:nBSE2cnzF0
Further company coverage: SHCE.BO
(([email protected];))
Aug 20 (Reuters) - Shree Hari Chemicals Export Ltd SHCE.BO:
TO CONSIDER ISSUE OF COMPULSORILY CONVERTIBLE DEBENTURES
Source text for Eikon: ID:nBSE2cnzF0
Further company coverage: SHCE.BO
(([email protected];))
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What does Shree Hari Chem. Exp do?
Shree Hari Chemicals Export Ltd is aiming to become a leading global manufacturer of H-Acid. Their product range includes Acid Dye, Direct Dye, Dye Intermediates, Reactive Dyes, and H-Acid.
Who are the competitors of Shree Hari Chem. Exp?
Shree Hari Chem. Exp major competitors are Kanchi Karpooram, Par Drugs & Chem., Neochem Bio Solution, Kesar Petroproducts, Resonance Specialtie, Vikas EcoTech, ARCL Organics. Market Cap of Shree Hari Chem. Exp is ₹169 Crs. While the median market cap of its peers are ₹175 Crs.
Is Shree Hari Chem. Exp financially stable compared to its competitors?
Shree Hari Chem. Exp seems to be less financially stable compared to its competitors. Altman Z score of Shree Hari Chem. Exp is 4.5 and is ranked 5 out of its 8 competitors.
Does Shree Hari Chem. Exp pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Shree Hari Chem. Exp latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Shree Hari Chem. Exp allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Shree Hari Chem. Exp balance sheet?
Balance sheet of Shree Hari Chem. Exp is strong. But short term working capital might become an issue for this company.
Is the profitablity of Shree Hari Chem. Exp improving?
Yes, profit is increasing. The profit of Shree Hari Chem. Exp is ₹11.71 Crs for TTM, ₹5.13 Crs for Mar 2025 and ₹2.35 Crs for Mar 2024.
Is the debt of Shree Hari Chem. Exp increasing or decreasing?
Yes, The net debt of Shree Hari Chem. Exp is increasing. Latest net debt of Shree Hari Chem. Exp is ₹25.3 Crs as of Mar-26. This is greater than Mar-25 when it was ₹25.3 Crs.
Is Shree Hari Chem. Exp stock expensive?
Shree Hari Chem. Exp is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Shree Hari Chem. Exp is 15.13, while 3 year average PE is 13.04. Also latest EV/EBITDA of Shree Hari Chem. Exp is 12.36 while 3yr average is 20.08.
Has the share price of Shree Hari Chem. Exp grown faster than its competition?
Shree Hari Chem. Exp has given better returns compared to its competitors. Shree Hari Chem. Exp has grown at ~39.51% over the last 2yrs while peers have grown at a median rate of -22.0%
Is the promoter bullish about Shree Hari Chem. Exp?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 64.26% and last quarter promoter holding is 59.25%.
Are mutual funds buying/selling Shree Hari Chem. Exp?
There is Insufficient data to gauge this.