Shivalik Rasayan logo

Shivalik Rasayan share price

NSE: SHIVALIKBSE: 539148Fertilizers & AgrochemicalsSmall Cap

Shivalik Rasayan Limited · Face value ₹5 · Listed May 2015 on BSE, Dec 2021 on NSE
Last close ₹299.55down ₹11.60 (3.73%)BSE ₹299.50

Share price at the NSE close on 30 Oct 2026. Previous close ₹311.15.

30 Oct: open ₹308.85, high ₹308.90, low ₹295.75

52-week range of traded prices to 30 Oct 2026
₹206.40Low, 25 Jun 2026₹471.00High, 31 Oct 2025
Market cap
₹480 Cr1,927th largest listed
P/E
35.13
P/B
0.80
Dividend yield
0.17%
ROE
2.4%
ROCE
3.9%
Debt to equity
0.19
Volume, NSE
63,18363.1% delivered

Shivalik Rasayan share price chart

Daily closes since Apr 2018, BSE closes Jun 2015 to Dec 2021, adjusted for splits and bonuses. Earlier closes are left out: on 19 Apr 2018 the price changed in a way no corporate action on record explains.

−32.1%over a year · BSE Commodities −5.1% · Nifty 500 −8.2%

Results20-session average 52,928 shares a day, 53.5% delivered

Results

Consolidated; ₹ crore.Shivalik Rasayan quarterly results

Revenue growth, 12 months
+14.9%
Net profit growth, 12 months
–

Quarter to Jun 2026, against the quarter before

Revenue
₹96 Crdown 6.30%
Net profit
₹4.50 Crdown 37.25%
Net margin
4.7%

Revenue by quarter

₹82 CrSep 24₹85 CrDec 24₹69 CrMar 25₹89 CrJun 25₹94 CrSep 25₹82 CrDec 25₹103 CrMar 26₹96 CrJun 26
Peak revenue ₹103 Cr, quarter to Mar 2026; lowest ₹69 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹4.43 CrSep 24₹6.64 CrDec 24₹5.19 CrMar 25₹2.82 CrJun 25₹4.30 CrSep 25₹3.67 CrDec 25₹7.17 CrMar 26₹4.50 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue82856989948210396
Net profit47534475
Net margin5.4%7.8%7.5%3.2%4.6%4.5%7.0%4.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Pharma Formulation₹198 Crup 21.67%55.2%
  • Agrochemicals₹151 Crup 6.73%42.2%
  • Active Pharma Ingredient (API)₹9 Crup 41.30%2.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Shivalik Rasayan PE ratio and valuation

Price to book

At or below today's level on 7% of 1,826 trading days since Nov 2018.

LowestHighest
Its median2.39Industry median1.92
Dividend yield

At or below today's level on 94% of 2,411 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.68%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−64.8%−27.3%−51.9%0.2%
3 years−30.8%−19.9%−13.7%0.1%
5 years−20.7%−9.8%−12.2%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Shivalik Rasayan shareholding pattern

Shareholding by group

  • Promoters46.54%
  • Foreign institutions0.72%
  • Indian institutions0.01%
  • Individuals and others52.73%
Holder
Growel Remedies LimitedPromoter46.54%
Ginnerup Capital ApSForeign companies3.16%
ERIC AARESTRUP SORENSENForeign nationals2.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Sep 2026: promoters unchanged, foreign institutions −0.20 pts, Indian institutions unchanged.

The filing reports 83,27,393 of its 1,60,32,365 shares locked in.

Promoter and insider buying and selling

Trades made since 31 Oct 2025.Shivalik Rasayan insider trading

Bought on the market Sold on the market
  • Others0 purchases, 4 salesNo purchase₹4.50 CrNet−₹4.50 Cr1 pledge filing of unclear kind · 1 off-market move
  • Promoters and promoter group: no market trade
  • Directors and key managers: no market trade · 1 off-market move
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Shivalik Rasayan competitors and peers

Pesticides & Agrochemicals, 34 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Shivalik Rasayan in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Chemical companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Dharmaj Crop Guard logoDharmaj Crop GuardDHARMAJ86214.321.92––14.3%15.1%0.00%
Advance Agrolife logoAdvance AgrolifeADVANCE79716.302.57––15.8%17.3%0.00%
Heranba Industries logoHeranba IndustriesHERANBA580–0.76−2.6%–−9.4%−0.9%0.00%
Best Agrolife logoBest AgrolifeBESTAGRO49610.300.57−19.7%+276.0%5.8%8.7%0.72%
Mahamaya Lifesciences logoMahamaya LifesciencesMAHALIFE41425.043.39––13.6%–0.00%
Indogulf Cropsciences logoIndogulf CropsciencesIGCL39110.140.85––10.5%9.7%0.00%
Sikko Industries logoSikko IndustriesSIKKO22136.532.56––7.2%7.1%0.00%
Crop Life Science logoCrop Life ScienceCLSL14722.711.75+3.3%+16.0%8.0%9.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Shivalik Rasayan dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 210.5Mar 220.5Mar 230.5Mar 240.5Mar 250.5Mar 26
Highest ₹0.50 a share, in 5 years, the latest the year to Mar 2026.
Ex-dateTypePer share
21 Sep 2026Final₹0.50
19 Sep 2025Final₹0.50
20 Sep 2024Final₹0.50
22 Sep 2023Final₹0.50
21 Sep 2022Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Shivalik Rasayan announcements

Shivalik Rasayan share price by year

Each calendar year to 2025.Shivalik Rasayan share price history

YearClose at year endChangeHighest closeLowest close
2025354.90−53.7%850.65354.90
2024765.70+2.9%849.45504.30
2023743.85−2.6%873.40608.95
2022764.00−27.2%1,167.40687.15
2021BSE close1,048.90+114.3%1,101.50453.00
2020BSE close489.40+81.2%532.85193.90
2019BSE close270.10−2.4%304.90180.20
2018BSE close276.70–379.00269.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 19 Apr 2018.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026315.40319.80306.00311.15313.0744,18861.6%
28 Oct 2026311.20320.50310.35315.05314.8027,73662.7%
27 Oct 2026318.30322.95314.05319.65319.5122,07364.8%
26 Oct 2026313.00317.40304.60313.55310.6140,34457.5%
23 Oct 2026313.30314.95297.40306.50304.891,21,29550.4%
22 Oct 2026315.15330.25298.85318.50320.1874,84845.7%
21 Oct 2026323.60330.10306.40312.20316.0565,46658.3%
19 Oct 2026341.80341.80325.05326.30331.1839,33957.6%
16 Oct 2026341.00356.30339.00341.80345.7431,22447.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
19 Apr 2018Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Chairperson
Rahul Bishnoi
At the end of the quarter to Sep 2026
Managing director
Vimal Kumar Shrawat
At the end of the quarter to Sep 2026
NSE symbol
SHIVALIK
BSE code
539148
ISIN
INE788J01021
Industry
Fertilizers & Agrochemicals
CIN
L24237UR1979PLC005041
Corporate identity number, the registrar of companies' code for it
Incorporated
1979
Registered office
Village Kolhupani, P.O. Chandanwari, Dehradun 248007, Uttarakhand
Share registrar
Beetal Financial & Computer Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments