MarketFriction

Shetron Ltd

BSE 526137 · Packaging
₹99.40 -0.75%
BSE close2026-10-01
Market cap₹89.1 Cr.
P/E20.9

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
Sales59.5450.0551.5264.5757.9151.8454.5368.7960.4155.6961.3486.37
Expenses54.0843.9646.8259.1553.2347.8050.5663.6756.5251.8355.9780.65
Operating Profit5.466.094.705.424.684.043.975.123.893.865.375.72
OPM %9.17%12.17%9.12%8.39%8.08%7.79%7.28%7.44%6.44%6.93%8.75%6.62%
Other Income0.210.100.340.320.180.050.280.360.220.290.230.20
Interest2.012.131.772.352.061.931.901.681.301.732.391.55
Depreciation1.381.551.651.471.501.511.721.461.481.501.671.58
Profit before tax2.282.511.621.921.300.650.632.341.330.921.542.79
Tax %28.51%29.88%30.86%20.31%15.38%69.23%60.32%30.77%21.05%59.78%37.66%32.26%
Net Profit1.631.761.121.531.100.200.251.621.050.370.961.89
EPS in Rs1.811.951.241.701.220.220.281.801.170.411.072.10
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales158148168165162171226245240229246264
Expenses132125147146145158204221217210228245
Operating Profit252321191712222323181819
OPM %16%16%12%11%10%7%10%9%10%8%7%7%
Other Income111221211111
Interest16141211121011109877
Depreciation887665656666
Profit before tax23331-2799567
Tax %33%30%33%34%22%11%24%30%29%35%35%
Net Profit22221-2567344
EPS in Rs1.672.072.022.440.98-2.205.696.667.253.424.444.75
Dividend Payout %0%0%0%0%0%0%0%8%14%29%22%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%8%0%13%
Compounded Profit Growth10%31%-14%35%
Stock Price CAGR12%27%5%-20%
Return on Equity6%9%8%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999999999999
Reserves313328303233313641475053
Borrowings1079787747678766568654641
Other Liabilities363441463931324332364755
Total Liabilities183172165159155150147153150157151157
Fixed Assets676052494747434146474851
CWIP234300001000
Investments144440000000
Other Assets113105105103104103104112104110103106
Total Assets183172165159155150147153150157151157
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity9171611-132-0711122213
Cash from Investing Activity-1-4-41-1-1-2-3-11-7-7-9
Cash from Financing Activity-10-11-11-1914-22-51-5-15-4
Net Cash Flow-232-60-00-100-0-0
Free Cash Flow8161313-141-24-05154
CFO/OP37%70%73%57%-64%15%-1%41%59%61%128%84%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days826680786565584641465246
Inventory Days10811013212615014014212498114114118
Days Payable89831151159482798055669096
Cash Conversion Cycle1019397901201221219184947668
Working Capital Days2642475451484340442722
ROCE %12%13%12%12%13%11%7%16%16%15%11%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.18%64.18%64.18%64.18%64.18%64.18%64.18%64.18%64.21%64.64%64.78%64.82%
Public35.82%35.83%35.82%35.82%35.83%35.82%35.83%35.82%35.78%35.35%35.22%35.19%
No. of Shareholders4,8555,0865,4755,4955,4765,7135,5895,5155,2335,1825,1065,062

Fundamentals

Market Cap₹ 89.1 Cr.
Current Price₹ 99.0
Stock P/E20.9
Book Value₹ 68.6
ROCE12.6 %
ROE6.22 %
Dividend Yield1.02 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)35%
Standalone figures.
Valuation
Market capRs 89 Cr
Enterprise valueRs 126 Cr
P/E (TTM)20.96x
Price to book1.45x
Price to sales0.34x
EV / EBITDA6.35x
EV / EBIT9.27x
EV / sales0.48x
Price to cash flow6.75x
Earnings yield4.77%
Dividend yield1.01%
P/E, 3-year average24.49x
P/B, 3-year average1.67x
P/E, 5-year average17.91x
P/B, 5-year average1.38x
Profitability
Operating margin (excl. other income)7.41%
Operating margin (incl. other income)7.85%
EBITDA margin7.50%
Pre-tax margin2.49%
Net profit margin1.62%
Net margin, latest quarter2.19%
ROE6.65%
ROCE12.77%
ROA2.59%
ROE, 3-year average8.08%
ROCE, 3-year average13.10%
ROA, 3-year average2.94%
ROE, 5-year average9.78%
ROCE, 5-year average14.29%
ROA, 5-year average3.24%
ROIC (approx.)9.04%
Tax rate34.75%
Other income / net worth1.78%
Growth
Sales growth (latest year)7.63%
Profit growth (latest year)29.87%
Sales CAGR, 3 years0.23%
Sales CAGR, 5 years7.63%
Profit CAGR, 3 years-12.64%
Sales growth QoQ40.81%
Profit growth QoQ96.88%
Sales growth YoY (latest quarter)25.56%
Profit growth YoY (latest quarter)16.67%
Per share
EPS (TTM)Rs 4.74
EPS (latest year)Rs 4.44
EPS (latest quarter)Rs 2.10
EPS, 3-year averageRs 5.04
EPS, 5-year averageRs 5.49
Book value per shareRs 68.55
Sales per shareRs 293.01
Cash flow per shareRs 14.73
Free cash flow per shareRs 4.44
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 0.87
Dividends
Dividend payout22.50%
Dividend payout, 3-year average21.83%
Dividend payout, 5-year average18.25%
Efficiency
Asset turnover1.56x
Fixed asset turnover4.79x
Inventory turnover3.35x
Inventory days109 days
Debtor days46 days
Debtors turnover7.90x
Creditor days96 days
Cash conversion cycle68 days
Working capital days22 days
Leverage
Total debtRs 41 Cr
Cash and bankRs 5 Cr
Net debtRs 36 Cr
Debt to equity0.66x
Net debt / EBITDA1.83x
Interest coverage1.94x
Owners' fund to total sources39.20%
Debt to assets25.92%
Cash flow
Cash from Operating Activity (latest year)Rs 13 Cr
Cash from Investing Activity (latest year)Rs -9 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years2.60x
Sales to cash flow18.57x
Statement figures
Net sales (TTM)Rs 264 Cr
Net sales (latest year)Rs 246 Cr
Sales (latest quarter)Rs 86 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 20 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 192 Cr
Total expenditure (latest year)Rs 228 Cr
Total income (latest year)Rs 247 Cr
Share capitalRs 9 Cr
ReservesRs 53 Cr
Shareholders' fundsRs 62 Cr
Total assetsRs 157 Cr
Net blockRs 51 Cr
InvestmentsRs 0 Cr
ReceivablesRs 31 Cr
InventoryRs 57 Cr
Other liabilitiesRs 55 Cr
Shares outstanding (crore)0.90
Ownership
Promoter holding64.82% (+0.64 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 21.0 is at the 62th percentile of its own 8.4-year range (median 18.7, low 6.3, high 46.9).
P/B 1.45 is at the 65th percentile (median 1.20).
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.
Period526137Nifty 50Difference
1 week-1.5%-2.8% +1.3 pts
1 month-7.9%-6.8% -1.2 pts
3 months+3.6%-7.6% +11.2 pts
3 years+13.1%+14.2% -1.1 pts
5 years+224.3%+27.9% +196.4 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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 ₹86 Cr +25.6% vs Jun 2025. Net profit ₹2 Cr +16.7%.

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 Shetron Ltd?

Shetron Ltd (526137) has a market capitalisation of Rs 89.1 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shetron Ltd?

Shetron Ltd trades at a P/E of 20.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shetron Ltd's latest quarterly results?

In the Jun 2026 quarter, Shetron Ltd sales was Rs 86 Cr (+25.6% 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