MarketFriction

Shri Gang Industries & Allied Products Ltd

BSE 523309 · Breweries & Distilleries
₹49.65 -6.88%
BSE close2026-10-01
Market cap₹115 Cr.
P/E5.84

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
Revenue from operations69.9274.1854.0379.8697.4289.1057.8385.4185.84114.3280.1584.06
Operating costs62.2168.3650.8172.6474.5574.5754.0781.0680.3993.0375.0878.96
EBITDA7.715.823.227.2222.8714.533.764.355.4521.295.075.10
EBITDA margin %11.03%7.85%5.96%9.04%23.48%16.31%6.50%5.09%6.35%18.62%6.33%6.07%
Depreciation & amortisation1.311.271.341.371.411.481.271.401.431.441.441.44
Finance costs2.812.482.432.793.582.031.071.891.811.111.051.30
Non-operating income0.140.134.330.080.190.150.200.140.080.070.420.45
Pre-tax profit3.732.203.783.1418.0711.171.621.202.2918.813.002.81
Effective tax rate %-6.17%-9.09%70.11%25.48%0.28%7.25%186.42%20.00%25.76%25.68%34.67%27.05%
Profit after tax3.962.401.142.3518.0210.36-1.400.961.7013.991.962.06
Earnings per share (Rs)2.211.340.641.3110.055.78-0.780.540.937.350.980.97
Mar 2016 9mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations0113403280139266324366364
Operating costs0215613372121236276330327
EBITDA-0-1-2-1-1-081830483637
EBITDA margin %-141%-15%-28%-12,300%-1.4%10%13%11%15%10%10%
Depreciation & amortisation000001235666
Finance costs00222225101065
Non-operating income-0-1-0000115111
Pre-tax profit-1-3-5-3-4-451020342527
Effective tax rate %0%0%0%0%0%0%12%-37%24%14%26%
Profit after tax-1-3-5-3-4-451315291920
Earnings per share (Rs)-0.79-3.51-6.07-3.22-4.55-4.455.957.348.2516.369.3110.23
Paid out as dividend %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR%63%38%11%
Profit CAGR47%49%12%-29%
Share price CAGR%%-24%-37%
Average return on equity%%%63%
Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)4431919205347123125126125
Capital work in progress000010180530000
Investments000000000000
Current & other assets22981319192145382932
Total assets661327435772121168163155156
Share capital8888888818181820
Reserves & surplus-63-64-67-71-74-77-81-76-63-48-930
Total debt8820386981921211301339256
Other liabilities & provisions535352534045536983605350
Equity + liabilities661327435772121168163155156
Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow00-51-66122913144526
Investing cash flow00-0-17-17-13-13-48-26-7-6-5
Free cash flow (after capex)00-51-22-53-15-38-1373921
Financing cash flow005123111123813-7-40-21
Net change in cash0000-000001-1-0
Cash conversion (OCF / EBITDA) %0%-6%5,238%329%-478%-967%-373%123%73%49%92%78%
Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %-16%-9%19%22%27%43%30%
Receivable days482000108444
Inventory days6702812482890482821
Payable days6,96810428520342108392220
Cash cycle (days)-6,250-57-2720-154-14-1013115
Working capital days-11,341-907-5,491-3,303,980-1,220-395-229-81-37-24
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %37.55%36.74%36.49%36.30%36.23%35.62%35.62%35.34%34.65%37.23%40.22%38.46%
Domestic institutions %0.63%0.63%0.63%0.63%0.63%0.63%0.63%0.63%0.34%0.33%0.32%0.35%
Retail & others %61.82%62.63%62.88%63.07%63.15%63.75%63.76%64.05%65.00%62.44%59.47%61.17%
Shareholder count12,75113,58813,72813,76913,92513,96713,85013,94514,07014,14414,31414,453

Fundamentals

Market value₹ 115 Cr.
Last price₹ 54.2
P/E (trailing)5.84
Book value / share₹ 25.1
Return on capital30.0 %
Return on equity62.9 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)11%
Profit CAGR (TTM)-29%
Standalone figures.
Valuation
Market capRs 99 Cr
Enterprise valueRs 155 Cr
P/E (TTM)5.03x
Price to book1.98x
Price to sales0.27x
EV / EBITDA4.10x
EV / EBIT4.83x
EV / sales0.43x
Price to cash flow3.83x
Earnings yield19.87%
P/E, 3-year average8.26x
P/B, 3-year average7.90x
P/E, 5-year average6.89x
P/B, 5-year average4.19x
Profitability
Operating margin (excl. other income)9.89%
Operating margin (incl. other income)10.08%
EBITDA margin10.41%
Pre-tax margin7.39%
Net profit margin5.41%
Net margin, latest quarter2.45%
ROE62.87%
ROCE29.98%
ROA11.97%
ROE, 3-year average-86.16%
ROCE, 3-year average34.78%
ROA, 3-year average13.12%
ROE, 5-year average-57.70%
ROCE, 5-year average29.50%
ROA, 5-year average10.67%
ROIC (approx.)22.27%
Tax rate26.44%
Other income / net worth1.40%
Growth
Sales growth (latest year)12.81%
Profit growth (latest year)-36.55%
Sales CAGR, 3 years38.16%
Sales CAGR, 5 years62.59%
Profit CAGR, 3 years12.24%
Sales growth QoQ4.88%
Profit growth QoQ5.10%
Sales growth YoY (latest quarter)-1.58%
Profit growth YoY (latest quarter)114.58%
Per share
EPS (TTM)Rs 9.86
EPS (latest year)Rs 9.31
EPS (latest quarter)Rs 1.03
EPS, 3-year averageRs 11.31
EPS, 5-year averageRs 9.44
Book value per shareRs 25.06
Sales per shareRs 182.37
Cash flow per shareRs 12.96
Efficiency
Asset turnover2.34x
Fixed asset turnover2.93x
Inventory turnover19.92x
Inventory days18 days
Debtor days4 days
Debtors turnover86.87x
Leverage
Total debtRs 56 Cr
Cash and bankRs 0 Cr
Net debtRs 56 Cr
Debt to equity1.13x
Net debt / EBITDA1.48x
Interest coverage6.11x
Owners' fund to total sources32.01%
Debt to assets36.02%
Cash flow
Operating cash flow (latest year)Rs 26 Cr
Investing cash flow (latest year)Rs -5 Cr
Financing cash flow (latest year)Rs -21 Cr
Net change in cash (latest year)Rs -0 Cr
Sales to cash flow14.12x
Statement figures
Net sales (TTM)Rs 364 Cr
Net sales (latest year)Rs 366 Cr
Sales (latest quarter)Rs 84 Cr
Operating profit excl. other income (latest year)Rs 36 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 38 Cr
PBDT (TTM)Rs 33 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 20 Cr
Net profit (latest year)Rs 19 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 304 Cr
Total expenditure (latest year)Rs 330 Cr
Total income (latest year)Rs 366 Cr
Share capitalRs 20 Cr
ReservesRs 30 Cr
Shareholders' fundsRs 50 Cr
Total assetsRs 156 Cr
Net blockRs 125 Cr
ReceivablesRs 4 Cr
InventoryRs 15 Cr
Other liabilitiesRs 50 Cr
Shares outstanding (crore)2.00
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 5.0 is the lowest in its own 4.4-year history (median 11.9, low 5.0, high 88.3).
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.
Period523309Nifty 50Difference
1 week-7.9%-2.8% -5.1 pts
1 month-19.9%-6.8% -13.1 pts
3 months-27.3%-7.6% -19.7 pts
3 years-60.2%+14.2% -74.3 pts
5 years+2769.9%+27.9% +2742.1 pts

Red flags

F-score 5 of 8
lookShare dilution Share count up 12% in a year, 12% in three
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 ₹84 Cr -1.6% vs Jun 2025. Net profit ₹2 Cr +114.6%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
United Spirits Ltd99,13853.526.4 %
Radico Khaitan Ltd58,47382.324.2 %
United Breweries Ltd31,99892.610.7 %
Allied Blenders & Distillers Ltd20,04189.818.4 %
Tilaknagar Industries Ltd13,65560.411.8 %
Piccadily Agro Industries Ltd5,94242.318.0 %
Globus Spirits Ltd2,53225.211.2 %
G M Breweries Ltd2,19713.018.0 %
India Glycols Ltd2,0436.4412.4 %
Som Distilleries & Breweries Ltd1,6455.67 %
Associated Alcohols & Breweries Ltd1,27115.418.0 %
Sula Vineyards Ltd1,11242.97.55 %
Asgard Alcobev Ltd1,0734227.38 %
BCL Industries Ltd9588.2213.9 %
IFB Agro Industries Ltd84413.113.3 %
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 Shri Gang Industries & Allied Products Ltd?

Shri Gang Industries & Allied Products Ltd (523309) has a market capitalisation of Rs 115 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shri Gang Industries & Allied Products Ltd?

Shri Gang Industries & Allied Products Ltd trades at a P/E of 5.84 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shri Gang Industries & Allied Products Ltd's latest quarterly results?

In the Jun 2026 quarter, Shri Gang Industries & Allied Products Ltd sales was Rs 84 Cr (-1.6% 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