NSE: PAUSHAKLTD · BSE: 532742 · ISIN INE111F01024
PAUSHAK LIMITED (formerly known as Darshak Limited) stock analysis
PAUSHAK LIMITED (formerly known as Darshak Limited) ranks #1548 in the TickerSutra evidence-ranked universe with a score of 52/100 and 95% data confidence. The latest captured fundamentals show ROCE of 8.3%, quarterly sales growth of 49.5% and quarterly profit growth of 25.5%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.16×
- Strong CFO/EBITDA of 0.89×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹150cr | ₹54cr | ₹38cr | 36.0% |
| 2023 | ₹212cr | ₹75cr | ₹54cr | 35.0% |
| 2024 | ₹206cr | ₹65cr | ₹54cr | 31.0% |
| 2025 | ₹211cr | ₹60cr | ₹49cr | 28.0% |
| 2026 | ₹219cr | ₹61cr | ₹39cr | 28.0% |
| TTM | ₹246cr | ₹69cr | ₹42cr | 28.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
As the Company scales up capacities through its new facilities and R&D capabilities, it is also working towards developing relationships with key global players and creating new opportunities for longer-term business associations. These efforts are intended to support more sustained growth, build a stronger long-term business base and reduce dependence on spot local opportunities and pricing pressure arising from Chi
There was no re-occurrence of product recall. No penalty was levied or action was taken by any regulatory authority on account of any deficiency relating to safety of products / services in the financial year. Provide the following information relating to data breaches: a) Number of instances of data breaches – None.
Office: Alembic Road, Vadodara – 390 003 Tel: +91 265 6637000 Website: www.paushak.com e-mail ID: investors@paushak.com Date: 5th May, 2026 Place: Vadodara PAUSHAK LIMITED 10 Explanatory Statement as required under Section 102(1) of the Companies Act, 2013 (‘Act’) Item No. 4 The Company had obtained approval from its members by way of a Special Resolution passed at the 49 th Annual General Meeting held on 9 th August
As per the revised GDP estimates released in February 2026, real GDP growth for FY 2025-26 was estimated at 7.6%, with manufacturing being one of the significant contributors to such growth. The global chemical industry continued to operate in a challenging environment during the year with continued pressure on realizations and margins on account of weak demand recovery in certain end-use sectors, persistent global o
Work in Process includes material lying at reactors/tanks on which process is continued as on date. Work in Process is valued at raw material cost considered on moving weighted average method and other parameters, as estimated and certified by the management. Semi-Finished goods has been identified as such depending upon stage of completion of finished goods technically determined by the management.
Means of Communication: Quarterly Results : The Company’s financial results are submitted to the Stock Exchanges, uploaded on the website, and a notice containing a QR code linking directly to the results page on the website is published in newspapers having wide circulation. Newspapers wherein results are normally published : The above referred notice is published normally in – The Indian Express (English) The Finan
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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