Shree Pushkar Chemicals & Fertilisers Limited, incorporated in 1993 (originally as Shree Pushkar Petro Products Limited in 1993, renamed in 2012), is a leading Indian manufacturer of Dyes, Dye Intermediates, and Fertilisers. Promoted by first-generation entrepreneurs, Mr. Punit Makharia and Mr. Gautam Makharia, the company started manufacturing in 2001 with a single product and has since aggressively expanded its portfolio to over 25 products.
The company is engaged in the business of manufacturing and trading Chemicals, Dyes and Dyes Intermediates, Cattle Feeds, Fertilisers, and Soil Conditioners. It has emerged as one of the few manufacturers with the widest range of dye intermediates in India, operating with a zero-waste philosophy.
Shree Pushkar Chemicals & Fertilisers Ltd operates across several key segments:
The company offers a range of dye products under the DYECOL brand, including DYECOL Royal Blue Series, DYECOL Turquoise Blue Series, DYECOL Black Series, DYECOL CELF Reactive Dyes, DYECOL DR Reactive Dyes, and DYECOL SS Reactive Dyes. It is a leading manufacturer of Reactive Dyes, focusing on sustainable solutions for the textile wet processing industry.
It also offers a range of dye intermediates such as H Acid, Sulpho Para Base, K Acid, and Gamma Acid, among others. It is one of India's leading manufacturers of K-Acid, a vital dye intermediate used in the production of reactive dyes for textile dyeing.
The fertilizers division provides products like Single Super Phosphate (SSP), Nitrogen, Phosphorus, and Potassium (NPK) blends, and Sulphate of Potash (SOP) fertilizers. SHREE PUSHKAR caters to a diverse customer base, from individual farmers to multinational corporations, with its wide range of fertilizers and soil conditioners.
The company's product portfolio also includes cattle feed supplements such as Pushp Ahaar and Di Calcium Phosphate (DCP). Its acids division manufactures Sulphuric Acid (98% and 70%), Oleum (23% and 65%), and Chloro Sulphonic Acid.
Shree Pushkar operates state-of-the-art integrated manufacturing facilities located at Lote Parshuram, Maharashtra. The company has a nationwide presence with 14 offices, supported by direct marketing through over 600 dealers and its own distribution channels.
Its product range is certified by "GOTS" (Global Organic Textile Standard), and the company holds the prestigious status of a Government recognized "Export House" for the last 15 years, actively exporting its products to various international markets.
As of July 11, 2025, Shree Pushkar Chemicals & Fertilizers Ltd has a market capitalization of ₹1,137.49 Crore. The company's PE ratio stood at 19.37, and the PB ratio was 0.47 on the same date.
The 52-week low for the share price was ₹219, and the 52-week high was ₹384.8. Over the past 6 months, the share price has increased by 15.75%, and over the last year, it has shown a growth of 39.42%.
For the financial year ended March 2025, the company demonstrated strong performance:
- Sales: Rose 11.03% to ₹806.28 crore in FY2025, compared to ₹726.17 crore in FY2024.
- Net Profit: Increased by 58.18% to ₹58.62 crore in FY2025, up from ₹37.06 crore in FY2024.
- Sales: Increased by 15.01% to ₹219.40 crore in Q4 FY2025, against ₹190.77 crore in Q4 FY2024.
- Net Profit: Rose 26.36% to ₹16.54 crore in Q4 FY2025, compared to ₹13.09 crore in Q4 FY2024.
- Net Profit: Increased by 62.74% to ₹12.84 crore in Q1 FY2025, against ₹7.89 crore in Q1 FY2024.
- Sales: Rose 10.64% to ₹194.20 crore in Q1 FY2025, against ₹175.53 crore in Q1 FY2024.
- Market Capitalization: ₹1,137.49 Crore (as of Jul 11, 2025)
- PE Ratio: 19.37 (as of Jul 11, 2025)
- PB Ratio: 0.47 (as of Jul 11, 2025)
- ROE (FY2025): 11.58% (consolidated)
- Promoter Holding: 69.4%
- FII Holding: 0.9%
- Public Holding: 29.8%
- Dividend (FY2025): Recommended ₹2 per equity share (20%)
ICRA has reaffirmed Shree Pushkar's long-term A+ and short-term A1 ratings with a stable outlook. This credit rating affirmation underscores the company's financial stability and creditworthiness in the market.
Shree Pushkar Chemicals & Fertilisers Ltd, led by its first-generation entrepreneurs, is committed to a stable and sustainable operating system. The company's strategic planning emphasizes forward and backward integration. With its recent venture into the manufacturing of Reactive Dyes and Textile Chemicals, the company is positioning itself as a "one-stop shop" for the Textile Effects industry.
The company's strategic focus on expanding its product portfolio, maintaining its "Export House" status, and investing in sustainable manufacturing processes positions it well for continued growth in the chemicals and fertilizers sector. With robust financial performance in recent quarters and a diverse product range serving multiple industries, Shree Pushkar Chemicals & Fertilisers Ltd is set to further strengthen its market position as a leading player in the Indian chemicals industry.
