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 | 96.84 | 60.75 | 64.67 | 89.85 | 100.34 | 96.44 | 93.91 | 115.20 | 149.73 | 142.54 | 117.24 | 120.30 |
| Expenses | 89.64 | 56.05 | 61.14 | 82.47 | 91.13 | 88.64 | 89.74 | 103.96 | 137.79 | 133.03 | 113.91 | 107.33 |
| Operating Profit | 7.20 | 4.70 | 3.53 | 7.38 | 9.21 | 7.80 | 4.17 | 11.24 | 11.94 | 9.51 | 3.33 | 12.97 |
| OPM % | 7.43% | 7.74% | 5.46% | 8.21% | 9.18% | 8.09% | 4.44% | 9.76% | 7.97% | 6.67% | 2.84% | 10.78% |
| Other Income | 0.42 | 0.09 | -0.14 | 0.30 | 0.22 | 0.20 | 1.04 | 0.20 | 0.30 | 1.67 | 0.85 | -0.09 |
| Interest | 2.52 | 2.40 | 2.16 | 2.24 | 2.84 | 3.15 | 3.24 | 2.81 | 2.81 | 3.25 | 2.86 | 2.76 |
| Depreciation | 1.18 | 1.17 | 1.20 | 1.21 | 1.17 | 1.21 | 1.24 | 1.19 | 1.20 | 1.25 | 1.17 | 1.26 |
| Profit before tax | 3.92 | 1.22 | 0.03 | 4.23 | 5.42 | 3.64 | 0.73 | 7.44 | 8.23 | 6.68 | 0.15 | 8.86 |
| Tax % | 28.32% | 25.41% | -1,100.00% | 27.90% | 31.37% | 27.47% | 26.03% | 27.82% | 30.26% | 29.19% | 73.33% | 29.12% |
| Net Profit | 2.81 | 0.91 | 0.36 | 3.06 | 3.73 | 2.64 | 0.53 | 5.37 | 5.74 | 4.74 | 0.05 | 6.28 |
| EPS in Rs | 0.71 | 0.23 | 0.09 | 0.77 | 0.94 | 0.67 | 0.14 | 1.38 | 1.46 | 1.21 | 0.01 | 1.60 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 145 | 158 | 147 | 193 | 199 | 250 | 246 | 332 | 302 | 381 | 525 | 530 |
| Expenses | 136 | 152 | 140 | 181 | 187 | 239 | 233 | 313 | 281 | 352 | 489 | 492 |
| Operating Profit | 9 | 6 | 8 | 12 | 12 | 11 | 14 | 19 | 21 | 29 | 36 | 38 |
| OPM % | 7% | 3.9% | 5% | 6% | 6% | 4.5% | 6% | 6% | 7% | 8% | 7% | 7% |
| Other Income | 2 | 4 | 1 | 1 | 2 | 2 | 1 | 3 | 1 | 2 | 3 | 3 |
| Interest | 4 | 5 | 4 | 6 | 8 | 6 | 6 | 9 | 10 | 11 | 12 | 12 |
| Depreciation | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 |
| Profit before tax | 3 | 3 | 2 | 4 | 3 | 4 | 5 | 9 | 8 | 14 | 23 | 24 |
| Tax % | 34% | 34% | 31% | 18% | 31% | 34% | 23% | 28% | 23% | 29% | 29% | |
| Net Profit | 2 | 2 | 1 | 3 | 2 | 3 | 3 | 7 | 6 | 10 | 16 | 17 |
| EPS in Rs | 0.58 | 0.47 | 0.29 | 0.80 | 0.49 | 0.71 | 0.88 | 1.66 | 1.49 | 2.65 | 4.05 | 4.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 10% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 14% | 16% | 17% | 31% | ||
| Compounded Profit Growth | 23% | 44% | 34% | 37% | ||
| Stock Price CAGR | % | 36% | 64% | 29% | ||
| Return on Equity | 7% | 9% | 9% | 11% |
| 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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 38 | 39 |
| Reserves | 23 | 25 | 27 | 28 | 31 | 33 | 35 | 46 | 55 | 60 | 99 | 115 |
| Borrowings | 30 | 39 | 30 | 43 | 55 | 58 | 82 | 89 | 89 | 96 | 113 | 126 |
| Other Liabilities | 26 | 17 | 17 | 17 | 34 | 40 | 42 | 27 | 30 | 24 | 30 | 36 |
| Total Liabilities | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 279 | 316 |
| Fixed Assets | 34 | 36 | 36 | 37 | 43 | 42 | 42 | 46 | 49 | 46 | 43 | 46 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 3 | 1 | 2 | 2 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 67 | 67 | 60 | 72 | 98 | 109 | 137 | 138 | 147 | 156 | 234 | 269 |
| Total Assets | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 279 | 316 |
| 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 | -2 | -2 | 7 | -3 | -3 | 7 | -11 | 2 | 17 | -2 | -26 | 1 |
| Cash from Investing Activity | -8 | -8 | 0 | -4 | -9 | -3 | -6 | -8 | -6 | -2 | -2 | -9 |
| Cash from Financing Activity | 16 | 5 | -8 | 3 | 13 | -5 | 17 | 9 | -7 | -4 | 48 | 3 |
| Net Cash Flow | 7 | -4 | -1 | -3 | 1 | -0 | 0 | 3 | 4 | -7 | 20 | -5 |
| Free Cash Flow | -9 | -8 | 5 | -7 | -12 | 4 | -15 | -6 | 11 | -3 | -28 | -5 |
| CFO/OP | -14% | -8% | 129% | -28% | -27% | 63% | -90% | 19% | 99% | -2% | -76% | 22% |
| 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 | 26 | 44 | 30 | 57 | 79 | 71 | 61 | 84 | 62 | 68 | 93 | 70 |
| Inventory Days | 90 | 128 | 105 | 115 | 103 | 136 | 122 | 114 | 82 | 106 | 96 | 96 |
| Days Payable | 57 | 44 | 27 | 45 | 50 | 61 | 50 | 26 | 24 | 19 | 21 | 18 |
| Cash Conversion Cycle | 60 | 128 | 107 | 128 | 132 | 146 | 133 | 172 | 120 | 155 | 168 | 148 |
| Working Capital Days | 16 | 31 | 32 | 39 | 36 | 42 | 39 | 42 | 30 | 47 | 69 | 78 |
| ROCE % | 13% | 9% | 9% | 7% | 9% | 9% | 8% | 7% | 11% | 10% | 12% | 13% |
| 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 | 38.95% | 38.95% | 38.95% | 38.95% | 43.58% | 43.58% | 43.58% | 43.95% | 43.95% | 44.37% | 45.01% | 45.01% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.20% | 0.20% | 0.20% | 0.18% | 0.00% | 0.00% | 0.07% |
| DIIs | 0.36% | 0.36% | 0.36% | 0.36% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.59% | 0.59% |
| Public | 60.68% | 60.68% | 60.69% | 60.69% | 55.97% | 56.00% | 55.99% | 55.63% | 55.65% | 55.40% | 54.39% | 54.33% |
| No. of Shareholders | 36,880 | 37,023 | 37,377 | 37,362 | 38,234 | 38,482 | 38,564 | 38,187 | 38,032 | 37,477 | 37,448 | 37,282 |
Fundamentals
Market Cap₹ 626 Cr.
Current Price₹ 160
Stock P/E37.2
Book Value₹ 39.4
ROCE12.9 %
ROE10.9 %
Dividend Yield0.16 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)31%
Compounded Profit Growth (TTM)37%
Standalone figures.
Valuation
Market capRs 624 Cr
Enterprise valueRs 730 Cr
P/E (TTM)37.12x
Price to book4.04x
Price to sales1.18x
EV / EBITDA18.02x
EV / EBIT20.49x
EV / sales1.38x
Price to cash flow427.38x
Earnings yield2.69%
P/E, 3-year average26.43x
P/B, 3-year average2.27x
P/E, 5-year average24.74x
P/B, 5-year average1.89x
Profitability
Operating margin (excl. other income)6.87%
Operating margin (incl. other income)7.44%
EBITDA margin7.64%
Pre-tax margin4.51%
Net profit margin3.17%
Net margin, latest quarter5.22%
ROE10.91%
ROCE12.93%
ROA5.34%
ROE, 3-year average9.05%
ROCE, 3-year average11.60%
ROA, 3-year average4.13%
ROE, 5-year average8.27%
ROCE, 5-year average10.66%
ROA, 5-year average3.54%
ROIC (approx.)9.66%
Tax rate29.40%
Other income / net worth1.95%
Growth
Sales growth (latest year)37.89%
Profit growth (latest year)59.64%
Sales CAGR, 3 years16.50%
Sales CAGR, 5 years15.95%
Profit CAGR, 3 years34.46%
Profit CAGR, 5 years43.87%
Sales growth QoQ2.61%
Profit growth QoQ12460.00%
Sales growth YoY (latest quarter)4.43%
Profit growth YoY (latest quarter)16.95%
Per share
EPS (TTM)Rs 4.29
EPS (latest year)Rs 4.05
EPS (latest quarter)Rs 1.60
EPS, 3-year averageRs 3.01
EPS, 5-year averageRs 2.64
Book value per shareRs 39.42
Sales per shareRs 135.11
Cash flow per shareRs 0.37
Free cash flow per shareRs -1.27
Dividend per share, 3-year averageRs 0.25
Dividend per share, 5-year averageRs 0.25
Dividends
Dividend payout, 3-year average9.88%
Dividend payout, 5-year average9.88%
Efficiency
Asset turnover1.66x
Fixed asset turnover11.43x
Inventory turnover4.07x
Inventory days90 days
Debtor days70 days
Debtors turnover5.23x
Creditor days18 days
Cash conversion cycle148 days
Working capital days78 days
Leverage
Total debtRs 126 Cr
Cash and bankRs 20 Cr
Net debtRs 106 Cr
Debt to equity0.81x
Net debt / EBITDA2.61x
Interest coverage3.05x
Owners' fund to total sources48.93%
Debt to assets39.78%
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 3 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs 8 Cr
Cash from ops / profit, 5 years-0.19x
Sales to cash flow359.39x
Statement figures
Net sales (TTM)Rs 530 Cr
Net sales (latest year)Rs 525 Cr
Sales (latest quarter)Rs 120 Cr
Operating profit excl. other income (latest year)Rs 36 Cr
Operating profit (latest quarter)Rs 13 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 40 Cr
PBDT (TTM)Rs 29 Cr
Profit before tax (TTM)Rs 24 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 17 Cr
Net profit (latest year)Rs 16 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 12 Cr
Cost of goods sold (latest year)Rs 439 Cr
Total expenditure (latest year)Rs 489 Cr
Total income (latest year)Rs 528 Cr
Share capitalRs 39 Cr
ReservesRs 115 Cr
Shareholders' fundsRs 155 Cr
Total assetsRs 316 Cr
Net blockRs 46 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 100 Cr
InventoryRs 108 Cr
Other liabilitiesRs 36 Cr
Shares outstanding (crore)3.92
Ownership
Promoter holding45.01% (+1.06 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 37.1 is at the 47th percentile of its own 7.3-year range
(median 37.7, low 16.5, high 75.2).
P/B 4.04 is at the 89th percentile (median 2.20).
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.
| Period | SHINDL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.2% | -2.8% | +0.5 pts |
| 1 month | -1.9% | -6.8% | +4.9 pts |
| 3 months | +8.1% | -7.6% | +15.7 pts |
| 3 years | +338.8% | +14.2% | +324.7 pts |
| 5 years | +380.4% | +27.9% | +352.5 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -82% of net profit over the last 3 years |
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 ₹120 Cr +4.4% vs Jun 2025.
Net profit ₹6 Cr +16.9%.
Against our estimate for Jun 2026: sales -23.4%, profit +11.7% beat. Our estimate for Sep 2026: sales Rs 172 Cr, profit Rs 6 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Apex Frozen Foods Ltd | 1,070 | 21.6 | 10.4 % |
| Coastal Corporation Ltd | 238 | 7.39 | 9.64 % |
| Waterbase Ltd | 195 | -7.35 % | |
| Kings Infra Ventures Ltd | 177 | 11.8 | 19.8 % |
| Zeal Aqua Ltd | 132 | 8.96 | 14.9 % |
| Essex Marine Ltd | 76 | 12.0 | 20.3 % |
| NCC Blue Water Products Ltd | 19 | 62.5 | 2.88 % |
| Uniroyal Marine Exports Ltd | 11 | 11.0 % |
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.
Less than 100 unique PAN traded in previous 30 days
Quick answers
What is the market cap of Sharat Industries Ltd?
Sharat Industries Ltd (SHINDL) has a market capitalisation of Rs 626 Cr. at the 2026-10-01 close.
What is the P/E ratio of Sharat Industries Ltd?
Sharat Industries Ltd trades at a P/E of 37.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were Sharat Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Sharat Industries Ltd sales was Rs 120 Cr (+4.4% vs Jun 2025) and net profit was Rs 6 Cr.
What is the 52-week high and low of Sharat Industries Ltd?
The 52-week high is Rs 179.99 and the 52-week low is Rs 130.60.