Haryana Leather Chemicals Ltd vs Mahickra Chemicals Ltd Stock Comparison

Home

Insights

Stock Comparison

Last Updated on: Mar 23, 2026

Key Highlights

The Latest Trading Price of Haryana Leather Chemicals Ltd is ₹ 54.77 as of 20 Mar 15:30 . The P/E Ratio of Haryana Leather Chemicals Ltd changed from 0 on March 2022 to 0 on March 2025 . This represents a CAGR of 0.0% over 4 yearsThe P/E Ratio of Mahickra Chemicals Ltd changed from 20.6 on March 2022 to 40.2 on March 2025 . This represents a CAGR of 18.19% over 4 years The Market Cap of Haryana Leather Chemicals Ltd changed from ₹ 0 crore on March 2022 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 4 yearsThe Market Cap of Mahickra Chemicals Ltd changed from ₹ 69.04 crore on March 2022 to ₹ 101.85 crore on March 2025 . This represents a CAGR of 10.21% over 4 years The revenue of Haryana Leather Chemicals Ltd for the Dec '25 is ₹ 12.22 crore as compare to the Sep '25 revenue of ₹ 13.55 crore. This represent the decline of -9.82% The revenue of Mahickra Chemicals Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Haryana Leather Chemicals Ltd for the Dec '25 is ₹ 1.05 crore as compare to the Sep '25 ebitda of ₹ 0.84 crore. This represent the growth of 25% The ebitda of Mahickra Chemicals Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Haryana Leather Chemicals Ltd changed from ₹ 0.65 crore to ₹ 0.57 crore over 7 quarters. This represents a CAGR of -7.23% The net profit of Mahickra Chemicals Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Haryana Leather Chemicals Ltd changed from 10.63 % on March 2024 to 21.35 % on March 2025 . This represents a CAGR of 41.72% over 2 yearsThe Dividend Payout of Mahickra Chemicals Ltd changed from 5.22 % on March 2021 to 6.42 % on March 2025 . This represents a CAGR of 4.23% over 5 years .

About Haryana Leather Chemicals Ltd

Incorporated on 22 Jan.'85 as an Indo-Italian Joint Venture with ICAP-SIRA, Italy focusing on bringing leading product technology from technical alliances in Italy and Spain, resulting in an extensive range of chemicals, coatings and dispersions; Haryana Leather Chemicals Ltd. (HLCL) commenced its business on 22 Apr.'85.
The Company has been promoted by N K Jain and the Haryana State Industrial Development Corporation (HSIDC).
It is the first Indian company to undertake a government sponsored research project in Polyurethane Dispersion & Polymeric Fat Liquors. It offers more than 250 products with an annual capacity of 6,000 MT of performance chemicals in diverse fields of leather processing, footwear finishing, textile printing, PSA (Pressure Sensitive Adhesives) and PVC additives.
Leather chemicals are used for leather finishing.

About Mahickra Chemicals Ltd

Mahickra Chemicals Limited was originally constituted as a Partnership Firm with the name Mahak Dye Chem Industries' on June 21, 1994.
Subsequently, it was converted from a firm into a Public Limited Company to 'Mahickra Chemicals Limited' with effect from November 13, 2017. The Company is in the business of manufacturing of Reactive Dyes since year 1998, while the business of trading in Reactive Dyes was started in year 1994.
The Company manufactures Reactive Dyes also known as Synthetic Organic Dyes (S.O.Dyes) and has an integrated process.
The company specialises in Black Reactive Dyes.
It manufactures 40 various types of Reactive Dyes.

FAQs for the comparison of Haryana Leather Chemicals Ltd and Mahickra Chemicals Ltd

Which company has a larger market capitalization, Haryana Leather Chemicals Ltd or Mahickra Chemicals Ltd?

Market cap of Haryana Leather Chemicals Ltd is 26 Cr while Market cap of Mahickra Chemicals Ltd is 159 Cr

What are the key factors driving the stock performance of Haryana Leather Chemicals Ltd and Mahickra Chemicals Ltd?

The stock performance of Haryana Leather Chemicals Ltd and Mahickra Chemicals Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Haryana Leather Chemicals Ltd and Mahickra Chemicals Ltd?

As of March 23, 2026, the Haryana Leather Chemicals Ltd stock price is INR ₹54.77. On the other hand, Mahickra Chemicals Ltd stock price is INR ₹196.9.

How do dividend payouts of Haryana Leather Chemicals Ltd and Mahickra Chemicals Ltd compare?

To compare the dividend payouts of Haryana Leather Chemicals Ltd and Mahickra Chemicals Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.