Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.35 | 0.35 | 0.59 | 0.59 | 0.60 | 0.60 | 0.60 | 0.59 | 0.53 | 0.54 | 0.55 | 0.55 |
| Expenses | 0.38 | 0.39 | 0.78 | 0.30 | 0.71 | 0.62 | 0.62 | 0.46 | 0.66 | 0.57 | 0.58 | 0.58 |
| Operating Profit | -0.03 | -0.04 | -0.19 | 0.29 | -0.11 | -0.02 | -0.02 | 0.13 | -0.13 | -0.03 | -0.03 | -0.03 |
| OPM % | -8.57% | -11.43% | -32.20% | 49.15% | -18.33% | -3.33% | -3.33% | 22.03% | -24.53% | -5.56% | -5.45% | -5.45% |
| Other Income | 0.04 | 0.03 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 | 0.05 | 0.04 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.01 | -0.03 | -0.16 | 0.32 | -0.09 | 0.01 | 0.01 | 0.16 | -0.12 | -0.02 | 0.00 | -0.01 |
| Tax % | -100.00% | 0.00% | 0.00% | 18.75% | -22.22% | -200.00% | -300.00% | 18.75% | -16.67% | 0.00% | 0.00% | |
| Net Profit | 0.00 | -0.03 | -0.17 | 0.25 | -0.08 | 0.02 | 0.04 | 0.13 | -0.10 | -0.03 | -0.04 | -0.01 |
| EPS in Rs | 0.00 | -0.08 | -0.48 | 0.70 | -0.22 | 0.06 | 0.11 | 0.36 | -0.28 | -0.08 | -0.11 | -0.03 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.34 | 3.01 | 3.15 | 3.61 | 3.17 | 2.93 | 2.17 | 1.30 | 1.64 | 2.38 | 2.21 | 2.17 |
| Expenses | 3.08 | 2.82 | 2.09 | 2.65 | 10.46 | 1.55 | 2.58 | 1.39 | 1.82 | 2.13 | 2.27 | 2.39 |
| Operating Profit | 0.26 | 0.19 | 1.06 | 0.96 | -7.29 | 1.38 | -0.41 | -0.09 | -0.18 | 0.25 | -0.06 | -0.22 |
| OPM % | 7.78% | 6.31% | 33.65% | 26.59% | -229.97% | 47.10% | -18.89% | -6.92% | -10.98% | 10.50% | -2.71% | -10.14% |
| Other Income | 0.08 | 0.11 | 0.05 | 6.92 | 7.23 | 0.44 | 0.21 | 0.13 | 0.17 | 0.18 | 0.15 | 0.15 |
| Interest | 0.01 | 0.01 | 0.69 | 0.54 | 0.40 | 0.62 | 0.03 | 0.32 | 0.08 | 0.09 | 0.00 | 0.00 |
| Depreciation | 0.36 | 0.31 | 0.17 | 0.14 | 0.13 | 0.13 | 0.13 | 0.11 | 0.09 | 0.09 | 0.10 | 0.08 |
| Profit before tax | -0.03 | -0.02 | 0.25 | 7.20 | -0.59 | 1.07 | -0.36 | -0.39 | -0.18 | 0.25 | -0.01 | -0.15 |
| Tax % | -333.33% | -100.00% | 20.00% | 30.56% | 0.00% | 15.89% | 55.56% | 2.56% | 5.56% | 4.00% | 500.00% | |
| Net Profit | 0.07 | 0.00 | 0.20 | 4.99 | -0.60 | 0.90 | -0.57 | -0.40 | -0.19 | 0.23 | -0.05 | -0.18 |
| EPS in Rs | 0.20 | 0.00 | 0.56 | 13.98 | -1.68 | 2.52 | -1.60 | -1.12 | -0.53 | 0.64 | -0.14 | -0.50 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -4% | -5% | 19% | -9% | ||
| Compounded Profit Growth | % | % | 23% | -264% | ||
| Stock Price CAGR | 2% | 2% | 5% | -7% | ||
| Return on Equity | % | -5% | 0% | -1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 | 3.57 |
| Reserves | 0.32 | 0.39 | -4.38 | -4.01 | 0.97 | 0.37 | 1.26 | 0.69 | 0.29 | 0.09 | 0.32 | 0.26 |
| Borrowings | 31.38 | 30.47 | 27.97 | 27.29 | 18.52 | 19.17 | 17.46 | 18.52 | 18.00 | 17.61 | 10.49 | 10.09 |
| Other Liabilities | 18.07 | 17.93 | 19.55 | 19.48 | 22.79 | 18.82 | 19.62 | 19.73 | 18.71 | 18.94 | 19.06 | 19.28 |
| Total Liabilities | 53.34 | 52.36 | 46.71 | 46.33 | 45.85 | 41.93 | 41.91 | 42.51 | 40.57 | 40.21 | 33.44 | 33.20 |
| Fixed Assets | 11.90 | 11.52 | 11.11 | 10.93 | 10.75 | 10.62 | 10.48 | 10.32 | 10.21 | 10.11 | 4.44 | 4.35 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.55 | 5.55 | 0.78 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.94 |
| Other Assets | 35.89 | 35.29 | 34.82 | 34.45 | 34.15 | 30.36 | 30.48 | 31.24 | 29.41 | 29.15 | 28.05 | 27.91 |
| Total Assets | 53.34 | 52.36 | 46.71 | 46.33 | 45.85 | 41.93 | 41.91 | 42.51 | 40.57 | 40.21 | 33.44 | 33.20 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.38 | 1.16 | 1.27 | 0.98 | 10.67 | 0.24 | -0.15 | -0.22 | 0.34 | 0.16 | 1.61 | 0.84 |
| Cash from Investing Activity | 0.00 | 0.01 | 0.73 | 4.11 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.58 | 0.00 |
| Cash from Financing Activity | -0.39 | -0.92 | -0.81 | -2.14 | -9.92 | -0.37 | 0.00 | 0.00 | -0.50 | -0.30 | -7.12 | -0.92 |
| Net Cash Flow | -0.01 | 0.25 | 1.19 | 2.95 | 0.78 | -0.13 | -0.15 | -0.22 | -0.16 | -0.15 | 0.06 | -0.09 |
| Free Cash Flow | 0.38 | 1.17 | 1.44 | 0.98 | 10.70 | 0.24 | -0.15 | -0.22 | 0.34 | 0.16 | 1.63 | 0.84 |
| CFO/OP | 119% | 527% | 768% | 177% | 1,111% | -3% | 1% | 5% | -400% | -89% | 644% | -1,467% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2,324.97 | 2,592.16 | 2,932.13 | 2,921.16 | 2,423.56 | 1,557.87 | 1,684.23 | 2,358.20 | 3,869.00 | 3,115.85 | 2,082.65 | 2,194.95 |
| Inventory Days | 545.62 | 949.00 | 1,932.35 | |||||||||
| Days Payable | 4,056.39 | 13,442.43 | 28,298.24 | |||||||||
| Cash Conversion Cycle | -1,185.80 | 2,592.16 | 2,932.13 | 2,921.16 | -10,069.87 | 1,557.87 | 1,684.23 | -24,007.68 | 3,869.00 | 3,115.85 | 2,082.65 | 2,194.95 |
| Working Capital Days | -1,835.46 | -2,099.30 | -1,919.58 | -1,515.62 | -676.41 | -991.37 | -1,058.87 | -1,513.82 | -2,636.42 | -3,707.87 | -1,588.82 | -118.91 |
| ROCE % | 0.02% | -0.09% | -0.10% | 3.48% | 31.02% | -0.82% | 7.44% | -1.38% | -0.31% | -0.46% | 1.91% | -0.07% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% | 55.50% |
| Public | 44.49% | 44.49% | 44.49% | 44.51% | 44.50% | 44.50% | 44.49% | 44.49% | 44.50% | 44.50% | 44.49% | 44.50% |
| No. of Shareholders | 2,252 | 2,326 | 2,430 | 2,549 | 2,639 | 2,788 | 2,842 | 2,864 | 2,893 | 2,908 | 2,962 | 2,975 |
Fundamentals
Market Cap₹ 5.22 Cr.
Current Price₹ 14.6
Book Value₹ 10.7
ROCE-0.07 %
ROE-1.30 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-9%
Compounded Profit Growth (TTM)-264%
Standalone figures.
Valuation
Market capRs 5 Cr
Enterprise valueRs 15 Cr
Price to book1.38x
Price to sales2.44x
EV / EBITDA211.60x
EV / sales6.83x
Price to cash flow6.31x
Earnings yield-3.39%
P/E, 3-year average22.51x
P/B, 3-year average1.14x
P/E, 5-year average22.51x
P/B, 5-year average1.20x
Profitability
Operating margin (excl. other income)-2.71%
Operating margin (incl. other income)4.07%
EBITDA margin3.23%
Pre-tax margin-0.46%
Net profit margin-8.29%
Net margin, latest quarter-1.82%
ROE-1.30%
ROCE-0.07%
ROA-0.15%
ROE, 3-year average-0.09%
ROCE, 3-year average0.46%
ROA, 3-year average0.00%
ROE, 5-year average-4.53%
ROCE, 5-year average-0.08%
ROA, 5-year average-0.46%
ROIC (approx.)-0.45%
Tax rate-500.00%
Other income / net worth3.92%
Growth
Sales growth (latest year)-7.14%
Profit growth (latest year)-121.74%
Sales CAGR, 3 years19.35%
Sales CAGR, 5 years-5.48%
Sales growth QoQ0.00%
Sales growth YoY (latest quarter)-6.78%
Profit growth YoY (latest quarter)-107.69%
Per share
EPS (TTM)Rs -0.50
EPS (latest quarter)Rs -0.03
EPS, 3-year averageRs 0.06
EPS, 5-year averageRs -0.65
Book value per shareRs 10.73
Sales per shareRs 6.08
Cash flow per shareRs 2.35
Free cash flow per shareRs 2.35
Efficiency
Asset turnover0.07x
Fixed asset turnover0.51x
Inventory turnover0.00x
Debtor days2195 days
Debtors turnover0.17x
Creditor days28298 days
Cash conversion cycle2195 days
Working capital days-119 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 1 Cr
Net debtRs 10 Cr
Debt to equity2.63x
Net debt / EBITDA135.86x
Owners' fund to total sources11.54%
Debt to assets30.39%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Sales to cash flow2.63x
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 2 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs -0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 4 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 4 Cr
Total assetsRs 33 Cr
Net blockRs 4 Cr
InvestmentsRs 1 Cr
ReceivablesRs 13 Cr
InventoryRs 0 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)0.36
Ownership
Promoter holding55.50% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.39 is at the 78th percentile (median 1.16).
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.
| Period | 526839 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.5% | -2.8% | -0.7 pts |
| 1 month | +9.7% | -6.8% | +16.5 pts |
| 3 months | -15.1% | -7.6% | -7.5 pts |
| 3 years | +16.3% | +14.2% | +2.1 pts |
| 5 years | +5.4% | +27.9% | -22.5 pts |
Red flags
F-score 4 of 8No 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 2026Sales ₹1 Cr -6.8% vs Jun 2025.
Net loss ₹0 Cr.
Activity
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| Techno Electric & Engineering Company Ltd | 11,748 | 22.8 | 15.2 % |
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| KEC International Ltd | 10,072 | 16.8 | 16.5 % |
| Ircon International Ltd | 9,637 | 18.4 | 9.27 % |
| Rites Ltd | 9,242 | 22.1 | 23.0 % |
| Afcons Infrastructure Ltd | 9,014 | 44.0 | 13.9 % |
| NCC Ltd | 8,053 | 11.2 | 16.8 % |
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 Shelter Infra Projects Ltd?
Shelter Infra Projects Ltd (526839) has a market capitalisation of Rs 5.22 Cr. at the 2026-10-01 close.
What were Shelter Infra Projects Ltd's latest quarterly results?
In the Jun 2026 quarter, Shelter Infra Projects Ltd sales was Rs 1 Cr (-6.8% vs Jun 2025) with a net loss of Rs 0 Cr.