MarketFriction

Sharda Ispat Ltd

BSE 513548 · Iron & Steel Products
₹163.00 -0.31%
BSE close2026-10-01
Market cap₹83.2 Cr.
P/E11.0

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales56.2258.3252.6647.7632.4554.3640.8827.8226.1947.5867.2071.15
Expenses50.0853.5547.8043.8231.9350.7439.5427.6126.0745.7861.3468.94
Operating Profit6.144.774.863.940.523.621.340.210.121.805.862.21
OPM %10.92%8.18%9.23%8.25%1.60%6.66%3.28%0.75%0.46%3.78%8.72%3.11%
Other Income0.400.540.610.600.631.180.711.011.010.980.780.75
Interest0.300.380.350.320.350.390.440.640.690.650.530.53
Depreciation0.210.210.210.210.210.210.210.180.200.260.220.22
Profit before tax6.034.724.914.010.594.201.400.400.241.875.892.21
Tax %34.66%24.79%14.87%25.94%15.25%25.48%28.57%27.50%45.83%22.99%26.15%25.79%
Net Profit3.933.544.182.960.493.131.000.280.131.444.351.64
EPS in Rs7.746.978.235.830.976.171.970.550.262.848.573.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5956851139194118142224173166212
Expenses5751791048689113136204163158202
Operating Profit35796556199810
OPM %4.8%8%8%8%6%5%4.3%4.2%9%5%4.8%4.7%
Other Income101111112344
Interest221111111232
Depreciation000011111111
Profit before tax236955451910810
Tax %20%34%34%27%25%25%27%26%26%26%26%
Net Profit1247433414868
EPS in Rs2.504.088.1013.347.076.805.957.8627.5214.9512.2114.90
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%12%5%36%
Compounded Profit Growth29%19%16%54%
Stock Price CAGR29%17%3%-35%
Return on Equity18%15%17%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555
Reserves-11371418232732475460
Borrowings16977968819223532
Other Liabilities10691464444344
Total Liabilities3121253434334044597798102
Fixed Assets322223223224
CWIP000000000000
Investments0000007910159
Other Assets281822313130303346749289
Total Assets3121253434334044597798102
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1639-55-03-7711-1
Cash from Investing Activity-02-0-85-2-1-0-1-9-229
Cash from Financing Activity0-9-3-11-51-29211-7
Net Cash Flow1-1-001-1010-000
Free Cash Flow1829-65-03-8711-1
CFO/OP99%244%69%153%-28%125%17%83%-99%65%153%24%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days422332413236484031212641
Inventory Days1327985332828333136545560
Days Payable521449631171055387
Cash Conversion Cycle1218767124957716661727394
Working Capital Days12163638487869626077106111
ROCE %17%15%32%42%43%20%13%13%13%31%14%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%
Public25.00%25.00%25.00%25.02%25.03%25.03%25.03%25.03%25.03%25.02%25.02%25.04%
No. of Shareholders3,4133,3683,3743,8443,8903,9853,9513,9103,9223,8863,8513,865

Fundamentals

Market Cap₹ 83.2 Cr.
Current Price₹ 164
Stock P/E11.0
Book Value₹ 129
ROCE11.5 %
ROE9.95 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)36%
Compounded Profit Growth (TTM)54%
Standalone figures.
Valuation
Market capRs 83 Cr
Enterprise valueRs 113 Cr
P/E (TTM)10.95x
Price to book1.26x
Price to sales0.39x
EV / EBITDA8.33x
EV / EBIT8.92x
EV / sales0.53x
Earnings yield9.14%
P/E, 3-year average13.17x
P/B, 3-year average2.11x
P/E, 5-year average11.81x
P/B, 5-year average1.65x
Profitability
Operating margin (excl. other income)4.82%
Operating margin (incl. other income)7.10%
EBITDA margin6.37%
Pre-tax margin4.81%
Net profit margin3.56%
Net margin, latest quarter2.31%
ROE9.95%
ROCE11.48%
ROA6.21%
ROE, 3-year average18.40%
ROCE, 3-year average18.93%
ROA, 3-year average11.82%
ROE, 5-year average15.36%
ROCE, 5-year average16.63%
ROA, 5-year average10.09%
ROIC (approx.)9.79%
Tax rate26.07%
Other income / net worth5.79%
Growth
Sales growth (latest year)-3.76%
Profit growth (latest year)-18.31%
Sales CAGR, 3 years5.48%
Sales CAGR, 5 years12.17%
Profit CAGR, 3 years15.83%
Profit CAGR, 5 years12.44%
Sales growth QoQ5.88%
Profit growth QoQ-62.30%
Sales growth YoY (latest quarter)155.75%
Profit growth YoY (latest quarter)485.71%
Per share
EPS (TTM)Rs 14.89
EPS (latest year)Rs 12.21
EPS (latest quarter)Rs 3.23
EPS, 3-year averageRs 18.23
EPS, 5-year averageRs 13.70
Book value per shareRs 128.94
Sales per shareRs 417.82
Cash flow per shareRs -1.40
Free cash flow per shareRs -1.97
Efficiency
Asset turnover1.64x
Fixed asset turnover46.96x
Inventory turnover6.79x
Inventory days54 days
Debtor days41 days
Debtors turnover8.94x
Creditor days7 days
Cash conversion cycle94 days
Working capital days111 days
Leverage
Total debtRs 32 Cr
Cash and bankRs 2 Cr
Net debtRs 30 Cr
Debt to equity0.48x
Net debt / EBITDA2.20x
Interest coverage5.25x
Owners' fund to total sources64.44%
Debt to assets31.25%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 9 Cr
Cash from Financing Activity (latest year)Rs -7 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years0.37x
Statement figures
Net sales (TTM)Rs 212 Cr
Net sales (latest year)Rs 166 Cr
Sales (latest quarter)Rs 71 Cr
Operating profit excl. other income (latest year)Rs 8 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 11 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 6 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 154 Cr
Total expenditure (latest year)Rs 158 Cr
Total income (latest year)Rs 170 Cr
Share capitalRs 5 Cr
ReservesRs 60 Cr
Shareholders' fundsRs 65 Cr
Total assetsRs 102 Cr
Net blockRs 4 Cr
InvestmentsRs 9 Cr
ReceivablesRs 19 Cr
InventoryRs 23 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)0.51
Ownership
Promoter holding74.97% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.9 is at the 50th percentile of its own 9.4-year range (median 10.9, low 2.0, high 45.2).
P/B 1.26 is at the 28th percentile (median 1.66).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period513548Nifty 50Difference
1 week+0.4%-2.8% +3.1 pts
1 month+8.7%-6.8% +15.5 pts
3 months-1.6%-7.6% +6.0 pts
3 years+8.7%+14.2% -5.4 pts
5 years+112.8%+27.9% +84.9 pts

Red flags

F-score 3 of 8
explainReceivables outrunning sales Receivables grew 51% vs sales -4% in 2026
lookProfit leans on other income Other income was 45% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹71 Cr +155.8% vs Jun 2025. Net profit ₹2 Cr +485.7%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Sharda Ispat Ltd?

Sharda Ispat Ltd (513548) has a market capitalisation of Rs 83.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Sharda Ispat Ltd?

Sharda Ispat Ltd trades at a P/E of 11.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Sharda Ispat Ltd's latest quarterly results?

In the Jun 2026 quarter, Sharda Ispat Ltd sales was Rs 71 Cr (+155.8% vs Jun 2025) and net profit was Rs 2 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03