Shivalik Rasayan Limited

BSE: 539148 NSE: SHIVALIK
Shivalik Rasayan Limited - agriculture in Dehradun, Uttarakhand, India. FY 2026 financials & compliance.
CIN L24237UR1979PLC005041 Incorporated 16 March 1979 ROC Uttarakhand HQ Dehradun, Uttarakhand, India
Active Listed - NSE: SHIVALIK · BSE: 539148 Public Limited Company agriculture MSME · Medium
Data last updated
Market Cap
₹540 Cr
SHIVALIK · NSE
Share Price
₹310.25
-7.91% today
Revenue
₹368 Cr
FY 2025-26 · +18.0% YoY
EBITDA
₹45.76 Cr
Margin 12.4%
Net Profit
₹12.13 Cr
FY 2025-26 · -27.4% YoY
P/E (TTM)
37.4x
P/B 0.8x
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.88 Cr
Issued & subscribed

About Shivalik Rasayan Limited

Data last updated:

Shivalik Rasayan Limited is a public limited company based in Dehradun, Uttarakhand, India, a subsidiary of Growel Remedies Limited. It operates in the crop protection segment of the agriculture sector. It was incorporated on 16 March 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN L24237UR1979PLC005041. Its GSTIN is 08AAFCS6148B1ZG (Rajasthan). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539148 and NSE: SHIVALIK.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.88 Cr. It was formerly known as Shivalik Rasayan Udyog Limited. It is led by directors including Vimal Kumar Shrawat (Managing Director) and Suresh Kumar Singh (Whole-Time Director).

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Village Kolhupani Post Office Chandanwari Via Prem Nagar, Dehradun, Uttarakhand, India – 248007.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹368 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Cr (net margin 3.3%) and EBITDA of ₹45.76 Cr (EBITDA margin 12.4%). The net worth stands at ₹599.11 Cr (up 11.7% YoY). Total assets are valued at ₹725.3 Cr (up 12.6% YoY).

The company is associated with 2 brands: Shivalik Rasayan and Shivalik Rasayan Limited. As per MCA filings, the company has open charges of ₹125.2 Cr and satisfied charges of ₹21.54 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 3 cases are pending. The company has 2 deals on record (2 market trades); the latest was in December 2024.

Shivalik Rasayan Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-05-0001833). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivalikrasayan.com.

Company details

CIN L24237UR1979PLC005041
Registration Number 005041
Incorporation Date 16 March 1979
ROC Uttarakhand
Listing Status Listed - Listed on NSE (SHIVALIK); Listed on BSE (539148)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Growel Remedies Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-05-0001833
Key People
Vimal Kumar Shrawat Managing Director Suresh Kumar Singh Whole-Time Director Sangeeta Bishnoi Director

Recognitions & Rankings of Shivalik Rasayan

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UK-05-0001833

Contact details

Shivalik Rasayan Limited's registered office is in Dehradun, Uttarakhand. Its website is shivalikrasayan.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shivalikrasayan.com
  • Social Media
  • Registered Address
    Village Kolhupani Post Office Chandanwari Via Prem Nagar, Dehradun, Uttarakhand, India – 248007
  • Industry
    Agriculture, Crop Protection

To see the full contact details of Shivalik Rasayan Limited, buy the company report.

Comprehensive company report
Shivalik Rasayan Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Shivalik Rasayan operates two associated brands: Shivalik Rasayan and Shivalik Rasayan Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Shivalik Rasayan
Organophosphorus insecticides are manufactured and supplied for agriculture.shivalikrasayan.in
Shivalik Rasayan Limited
Shivalik Rasayan Limited is engaged in manufacturing APIs and agrochemicals.shivalikrasayan.com

Business activity

The main business activity of Shivalik Rasayan is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Shivalik Rasayan Limited, buy the company report.

Financials of Shivalik Rasayan Limited

FY 2025-26 filings available

Shivalik Rasayan Limited reported revenue of ₹368 Cr (up 18% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹368 Cr
+18.0% YoY
EBITDA
₹45.76 Cr
+11.9% YoY
Profit After Tax
₹12.13 Cr
-27.4% YoY
Net Worth
₹599 Cr
+11.7% YoY
Total Assets
₹725 Cr
+12.6% YoY
Total Debt
₹123 Cr
+17.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue368312273234215198186
Revenue growth+18.0%+14.2%+16.4%+9.2%+8.7%+6.1%-
EBITDA45.7640.8940.6343.4647.3338.4128.94
EBITDA margin+12.4%+13.1%+14.9%+18.5%+22.0%+19.4%+15.5%
Profit before tax21.4723.4123.2731.6736.9728.9226.70
Net profit12.1316.7012.7120.7625.6017.5914.06
Net profit margin+3.3%+5.4%+4.7%+8.9%+11.9%+8.9%+7.6%
EPS (₹)7.7110.608.1714.3217.6712.7710.16
Balance sheet
Total assets725644586479405290261
Net worth599536508419287179176
Total debt12310576.0857.7138.4328.6610.25
Cash & bank34.3727.9737.7430.6770.764.779.04
Net working capital28922518816315757.5590.57
Cash flow
Cash from operations(33.96)(9.20)(8.08)(18.95)11.1358.775.72
Cash from investing(21.23)(21.11)(74.31)(70.77)(23.36)(65.02)(102)
Cash from financing61.5820.5489.4549.6378.211.9810.29
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue96.3410382.0493.8489.3169.3985.3182.44
Revenue growth (YoY)+7.9%+48.2%-3.8%+13.8%+19.7%---
Other income0.971.921.180.390.605.711.600.35
EBITDA11.1912.4310.3312.0310.985.7513.3111.76
EBITDA margin+11.6%+12.1%+12.6%+12.8%+12.3%+8.3%+15.6%+14.3%
Depreciation4.414.165.064.734.822.784.844.66
Interest2.082.462.312.222.622.712.262.45
Profit before tax5.677.734.145.474.145.977.815.00
Tax1.160.550.461.171.320.790.890.58
Net profit4.517.183.684.302.825.186.924.42
EPS (₹)2.162.871.711.931.022.623.392.58
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17014993.6893.5899.3084.8760.77
Revenue growth+14.1%+59.3%+0.1%-5.8%+17.0%+39.7%-
EBITDA26.3626.4717.1319.1223.2418.749.47
EBITDA margin+15.5%+17.7%+18.3%+20.4%+23.4%+22.1%+15.6%
Profit before tax9.4813.5310.2114.6318.8712.538.72
Net profit8.1613.878.6415.1219.3612.678.76
Net profit margin+4.8%+9.3%+9.2%+16.2%+19.5%+14.9%+14.4%
EPS (₹)5.198.805.5510.4213.369.206.35
Balance sheet
Total assets479470430331289192168
Net worth405398374291273180168
Total debt73.5970.9554.8539.8015.3311.330.27
Cash & bank3.1024.2122.959.8966.930.885.95
Net working capital11011196.8770.5194.608.4539.66
Cash flow
Cash from operations(1.26)(1.04)(1.36)(12.66)7.0246.00(7.08)
Cash from investing(18.19)(19.71)(68.74)(64.89)(16.50)(61.28)(64.65)
Cash from financing(1.66)22.0183.1620.5175.5210.22(8.77)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue48.4442.1735.1346.6746.2639.7840.1637.70
Revenue growth (YoY)+4.7%+6.0%-12.5%+23.8%+46.5%---
Other income0.100.180.640.020.130.481.460.06
Total expenses41.5835.1829.1839.7939.9032.4233.5631.26
EBITDA6.866.995.956.886.367.366.606.44
EBITDA margin+14.2%+16.6%+16.9%+14.7%+13.7%+18.5%+16.4%+17.1%
Depreciation2.632.433.242.873.012.302.632.05
Interest1.252.071.341.231.462.061.501.41
Profit before tax3.082.672.012.802.023.483.933.04
Tax0.43(0.06)(0.02)0.600.790.16(0.07)(0.40)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue96.3410382.0493.8489.3169.3985.3182.44
Revenue growth (YoY)+7.9%+48.2%-3.8%+13.8%+19.7%---
Other income0.971.921.180.390.605.711.600.35
EBITDA11.1912.4310.3312.0310.985.7513.3111.76
EBITDA margin+11.6%+12.1%+12.6%+12.8%+12.3%+8.3%+15.6%+14.3%
Depreciation4.414.165.064.734.822.784.844.66
Interest2.082.462.312.222.622.712.262.45
Profit before tax5.677.734.145.474.145.977.815.00
Tax1.160.550.461.171.320.790.890.58
Net profit4.517.183.684.302.825.186.924.42
EPS (₹)2.162.871.711.931.022.623.392.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue368312273234215198186
Revenue growth+18.0%+14.2%+16.4%+9.2%+8.7%+6.1%-
Other income4.088.313.984.663.711.133.14
Total expenses322271232191167159157
Employee cost0.0054.0245.6933.0926.3718.1113.66
EBITDA45.7640.8940.6343.4647.3338.4128.94
EBITDA margin+12.4%+13.1%+14.9%+18.5%+22.0%+19.4%+15.5%
Depreciation18.7715.7712.3811.6011.018.583.51
Interest9.6010.028.964.853.062.041.87
Profit before tax21.4723.4123.2731.6736.9728.9226.70
Tax3.512.985.151.832.714.274.65
Net profit12.1316.7012.7120.7625.6017.5914.06
Net profit margin+3.3%+5.4%+4.7%+8.9%+11.9%+8.9%+7.6%
EPS (₹)7.7110.608.1714.3217.6712.7710.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.887.887.787.247.246.896.89
Reserves & surplus591528496397270172169
Shareholders' funds (net worth)599536508419287179176
Minority interest0.000.000.000.0077.4980.4273.27
Secured loans23.3816.5023.9713.0138.4328.6610.25
Unsecured loans99.4188.2352.1144.700.000.000.00
Total debt12310576.0857.7138.4328.6610.25
Total liabilities725644586479405290261
Assets
Gross block44242528728027124782.63
Net block33533721421822121051.57
Capital work in progress0.000.0011757.343.300.00102
Investments0.000.000.000.000.000.000.00
Inventories14711810274.9938.149.8120.12
Sundry debtors11596.1286.7484.7770.0068.8458.17
Cash & bank balances34.3727.9737.7430.6770.764.779.04
Loans & advances85.7072.8567.6071.1260.9947.2970.28
Total current assets382315294262240131158
Total current liabilities93.5789.9710698.8783.1173.1667.04
Net working capital28922518816315757.5590.57
Total assets725644586479405290261
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash27.9737.7430.6770.764.779.0494.97
Net cash from operating activities(33.96)(9.20)(8.08)(18.95)11.1358.775.72
Net cash from investing activities(21.23)(21.11)(74.31)(70.77)(23.36)(65.02)(102)
Net cash from financing activities61.5820.5489.4549.6378.211.9810.29
Net change in cash6.40(9.77)7.07(40.09)65.99(4.26)(85.93)
Closing cash34.3727.9737.7430.6770.764.779.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.0%+14.2%+16.4%+9.2%+8.7%+6.1%-
EBITDA growth+11.9%+0.6%-6.5%-8.2%+23.2%+32.7%-
PBT growth-8.3%+0.6%-26.5%-14.3%+27.8%+8.3%+2.0%
Net income growth-27.4%+31.4%-38.8%-18.9%+45.5%+25.1%-
Revenue CAGR (3Y)+16.2%+13.2%+11.4%+8.0%+8.0%+8.4%+14.7%
EBITDA CAGR (3Y)+1.7%-4.8%+1.9%+14.5%+25.9%+16.8%+16.4%
Profitability & leverage
Net income margin+4.9%+6.6%+6.6%+12.7%+16.0%+12.5%+11.8%
Return on capital employed-+5.5%+6.1%+9.1%+14.9%+15.6%+15.2%
Return on net worth-+3.9%+3.9%+8.4%+14.7%+13.9%+12.9%
Debt / equity-0.160.140.140.140.110.09
Long-term debt / equity-0.040.040.030.040.040.02
Interest cover35.5739.8931.7215.228.436.847.35
Efficiency & per share
Fixed asset turnover-0.880.960.850.831.202.46
Inventory turnover-2.843.094.148.9613.208.95
Debtors turnover-3.413.183.033.093.113.38
EPS (₹)7.7110.608.1714.3217.6712.7710.16
Dividend per share (₹)0.500.500.500.500.500.500.25
Book value per share (₹)0.00340.46324.05278.69191.54129.96127.93
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue48.4442.1735.1346.6746.2639.7840.1637.70
Revenue growth (YoY)+4.7%+6.0%-12.5%+23.8%+46.5%---
Other income0.100.180.640.020.130.481.460.06
Total expenses41.5835.1829.1839.7939.9032.4233.5631.26
EBITDA6.866.995.956.886.367.366.606.44
EBITDA margin+14.2%+16.6%+16.9%+14.7%+13.7%+18.5%+16.4%+17.1%
Depreciation2.632.433.242.873.012.302.632.05
Interest1.252.071.341.231.462.061.501.41
Profit before tax3.082.672.012.802.023.483.933.04
Tax0.43(0.06)(0.02)0.600.790.16(0.07)(0.40)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17014993.6893.5899.3084.8760.77
Revenue growth+14.1%+59.3%+0.1%-5.8%+17.0%+39.7%-
Other income0.962.061.652.201.990.381.20
Total expenses14412376.5574.4676.0666.1351.30
Employee cost25.8623.1516.6212.9411.889.114.14
EBITDA26.3626.4717.1319.1223.2418.749.47
EBITDA margin+15.5%+17.7%+18.3%+20.4%+23.4%+22.1%+15.6%
Depreciation11.558.705.285.245.246.061.01
Interest6.296.303.291.451.120.530.94
Profit before tax9.4813.5310.2114.6318.8712.538.72
Tax1.32(0.34)1.57(0.49)(0.49)(0.14)(0.04)
Net profit8.1613.878.6415.1219.3612.678.76
Net profit margin+4.8%+9.3%+9.2%+16.2%+19.5%+14.9%+14.4%
EPS (₹)5.198.805.5510.4213.369.206.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.887.887.787.247.246.896.89
Reserves & surplus397390363271256173161
Shareholders' funds (net worth)405398374291273180168
Secured loans27.7623.0932.3018.414.554.700.26
Unsecured loans45.8347.8622.5521.3910.786.630.01
Total debt73.5970.9554.8539.8015.3311.330.27
Total liabilities479470430331289192168
Assets
Gross block29828615014914613224.89
Net block25025012212612812017.88
Capital work in progress0.000.0011757.343.300.0061.24
Investments81.0974.4773.4364.9455.0153.4039.32
Inventories76.7955.5642.4529.9311.134.613.16
Sundry debtors33.3127.2231.4819.526.7816.298.21
Cash & bank balances3.1024.2122.959.8966.930.885.95
Loans & advances45.1445.8541.7544.5338.2117.4940.51
Total current assets15815313910412339.2757.83
Total current liabilities48.7041.8541.7633.3628.4530.8218.17
Net working capital11011196.8770.5194.608.4539.66
Total assets479470430331289192168
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash24.2122.959.8966.930.885.9586.45
Net cash from operating activities(1.26)(1.04)(1.36)(12.66)7.0246.00(7.08)
Net cash from investing activities(18.19)(19.71)(68.74)(64.89)(16.50)(61.28)(64.65)
Net cash from financing activities(1.66)22.0183.1620.5175.5210.22(8.77)
Net change in cash(21.11)1.2613.06(57.04)66.05(5.06)(80.51)
Closing cash3.1024.2122.959.8966.930.885.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.1%+59.3%+0.1%-5.8%+17.0%+39.7%-
EBITDA growth-0.4%+54.5%-10.4%-17.7%+24.0%+97.9%-
PBT growth-29.9%+32.5%-30.2%-22.5%+50.6%+43.7%+0.9%
Net income growth-41.2%+60.5%-42.9%-21.9%+52.8%+44.6%-
Revenue CAGR (3Y)+22.1%+14.5%+3.4%+15.5%+27.5%+24.8%+14.1%
EBITDA CAGR (3Y)+11.3%+4.4%-3.0%+26.4%+54.9%+36.9%+11.8%
Profitability & leverage
Net income margin+4.8%+9.3%+9.2%+16.2%+19.5%+14.9%+14.4%
Return on capital employed+3.3%+4.4%+3.6%+5.2%+8.3%+7.3%+5.7%
Return on net worth+2.0%+3.6%+2.6%+5.4%+8.5%+7.3%+5.4%
Debt / equity0.180.160.140.100.060.030.03
Long-term debt / equity0.040.050.050.030.020.010.02
Interest cover42.4735.4527.7610.456.224.1811.11
Efficiency & per share
Fixed asset turnover0.580.680.630.630.711.082.57
Inventory turnover2.573.052.594.5612.6221.8512.94
Debtors turnover5.625.083.677.128.616.937.20
EPS (₹)5.198.805.5510.4213.369.206.35
Dividend per share (₹)0.500.500.500.500.500.500.25
Book value per share (₹)256.91252.47238.23191.82181.90130.63121.67

To see the full year-wise statements and ratios of Shivalik Rasayan Limited, buy the company report.

Board of directors of Shivalik Rasayan Limited

Shivalik Rasayan has 10 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sangeeta Bishnoi
Also directs: Medicamen Biotech Limited
Director11 Feb 20197 Years 8 MonthsCurrent
Sumita Dwivedi
Also directs: Medicamen Biotech Limited, Skyforge System Solutions LLP
Director13 Nov 20187 Years 11 MonthsCurrent
Ravi Kumar Bansal
Also directs: Medicamen Biotech Limited
Director14 Aug 20197 Years 2 MonthsCurrent
Rahul Bishnoi
Also directs: Medicamen Biotech Limited, Medicamen Life Sciences Private Limited, Growel Remedies Limited
Director23 Feb 200224 Years 8 MonthsCurrent
Ashwani Kumar Sharma
Also directs: Medicamen Biotech Limited, Medicamen Life Sciences Private Limited, Growel Remedies Limited
Director18 Jul 200323 Years 3 MonthsCurrent
Vimal Kumar Shrawat
Also directs: Medicamen Biotech Limited, Chem Pharma Healthcare Private Limited
Managing Director17 Nov 20187 Years 11 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Shivalik Rasayan Limited is audited by Rahul Chaudhary & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Rahul Chaudhary & AssociatesFY 2025033971N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 47.40%, foreign institutional investors hold 1.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 51.40%.

Promoters: 47.40%FII (Foreign Institutional): 1.20%Retail & Others: 51.40%
Sep 2026
QUARTER
47.40% Promoters
1.20% FII (Foreign Institutional)
51.40% Retail & Others
Promoter holding - history
Now 47.40% · Sep 2026High 47.40% · Dec 2025Low 47.40% · Dec 2025
46%46.8%47.5%48.3%49%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 47.40%Mar 2026: 47.40%Jun 2026: 47.40%Sep 2026: 47.40%47.40%47.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters47.40%47.40%47.40%47.40%
Public52.60%52.60%52.60%52.60%

Charges & borrowings

Open charges
₹125.2 Cr
Satisfied charges
₹21.54 Cr
Breakdown by lending institutions
Citi Bank N.A.₹75.00 Cr
Others₹49.70 Cr
Idbi Bank Limited₹0.29 Cr
Hdfc Bank Limited₹0.21 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2026101235614Citi Bank N.A.₹15 CrOpen
17 Dec 2024101018035Others₹20 LakhOpen
22 Jul 2024100958115Hdfc Bank Limited₹20.91 LakhOpen
29 Dec 2023100844358Others₹49 CrOpen
29 Sep 2023100803153Idbi Bank Limited₹17.17 LakhOpen

To see the full charge records of Shivalik Rasayan Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Shivalik Rasayan Limited has 2 deals on record (2 market trades); the latest was in December 2024.

Total deals
2
Market trades
2

Deals on record (2 of 2)

WhenDealAmountParties
Dec 2024Market trade₹16.11 CrBuyer: Aakraya Research LLP , an individual
Seller: Aakraya Research LLP
Apr 2024Market trade₹5.64 CrBuyer: Yuga Stocks & Commodities Private Limited
Seller: Yuga Stocks & Commodities Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shivalik Rasayan Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Shivalik Rasayan has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Shivalik Rasayan has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
08AAFCS6148B1ZGRajasthanActive13 Sep 2017
24AAFCS6148B1ZMGujaratActive18 Mar 2018

To see the full GST registrations and return filing status of Shivalik Rasayan Limited, buy the company report.

Recent activity

Shivalik Rasayan Limited has 29 board changes on record since 1997: 20 appointments and 9 cessations. The latest: Arun Kumar ceased to be Director on 13 Aug 2024.

Filing
Shivalik Rasayan Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Uttarakhand.
Charges
A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 101235614 was registered on 29 Jan 2026.
AGM
Shivalik Rasayan Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Citi Bank N.A. of Rs. 40.00 Cr registered on 21 Apr 2020 with Charge ID 100341163 was modified on 05 May 2025.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101018035 was registered on 17 Dec 2024.
Ceased
Arun Kumar ceased to be Director.
Ceased
Harish Pande ceased to be Director.
Ceased
Kailash Gupta ceased to be Director.
Appointed
Ramit Madan was appointed as Director.
Appointed
Shaival Saurabh was appointed as Director.
Appointed
Sham Goel was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100958115 was registered on 22 Jul 2024.

56 earlier events are in the company report.

News

Shivalik Rasayan Ltd: Files Drug Master File For Avapritinib API With USFDA; This Product Is For Treating Gastrointestinal Stromal Tumors; Ayvakit Is Expected To Make 700 Million USD In Revenue By 2025.
03 Nov 2026 · Exchange Update

Frequently asked questions

Shivalik Rasayan is an active public limited company based in Dehradun, Uttarakhand, India. The company works in crop protection, within the agriculture industry. It was incorporated on 16 March 1979 (47+ years old) and is registered under CIN L24237UR1979PLC005041. Listed on BSE: 539148 and NSE: SHIVALIK.

Shivalik Rasayan reported revenue of ₹368 Cr for FY 2025-26 (up 18% YoY) based on consolidated financials.

Shivalik Rasayan has 10 current directors:

The latest financial statements of Shivalik Rasayan on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shivalik Rasayan is 08AAFCS6148B1ZG, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAFCS6148B1ZM (Gujarat).

The CIN (Corporate Identification Number) of Shivalik Rasayan is L24237UR1979PLC005041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shivalik Rasayan is a listed company as per MCA records. Its shares are listed on both BSE (code: 539148) and NSE (symbol: SHIVALIK).

Shivalik Rasayan has 13 court cases on record: 6 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.

Shivalik Rasayan was incorporated on 16 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Uttarakhand.

Shivalik Rasayan has 2 deals on record (2 market trades); the latest was in December 2024.