MarketFriction

Shreyans Industries Ltd

NSE SHREYANIND · BSE 516016 · Paper & Paper Products
₹126.29 -3.19%
NSE close2026-10-01
52 week range121.76 - 235.50
Market cap₹176 Cr.
Price band 20% Delivery 83.5%

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
Sales171.20172.65167.52135.56132.47169.66179.08153.63142.29159.20167.70160.13
Expenses147.43155.29150.27119.82124.92153.73152.22137.74136.61163.11178.64168.59
Operating Profit23.7717.3617.2515.747.5515.9326.8615.895.68-3.91-10.94-8.46
OPM %13.88%10.06%10.30%11.61%5.70%9.39%15.00%10.34%3.99%-2.46%-6.52%-5.28%
Other Income6.0915.236.077.449.112.102.5911.100.505.343.8010.01
Interest0.911.181.230.920.961.141.090.830.911.400.940.96
Depreciation3.383.443.453.733.973.873.903.873.953.923.864.03
Profit before tax25.5727.9718.6418.5311.7313.0224.4622.291.32-3.89-11.94-3.44
Tax %23.00%25.46%20.01%24.61%22.68%30.11%24.57%22.52%-68.94%-34.45%-12.14%-6.10%
Net Profit19.6920.8514.9013.979.079.1018.4617.272.23-2.55-10.48-3.24
EPS in Rs14.2415.0810.7810.116.566.5813.3512.491.61-1.84-7.58-2.34
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales389420464574540366584866699617623629
Expenses366363407494499361574759602547607647
Operating Profit2457578042511107987016-18
OPM %6%14%12%14%8%1.5%1.8%12%14%11%2.6%-2.8%
Other Income0-44662020635171120
Interest666655654444
Depreciation78991111131314151616
Profit before tax113946703391294115688-18
Tax %21%35%32%33%2%7%17%22%24%25%17%
Net Profit9253147329107387516-14
EPS in Rs6.2718.1622.5533.9623.126.357.2053.1463.2436.604.68-10.15
Dividend Payout %19%8%8%15%13%47%28%9%8%14%32%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%11%-10%-1%
Compounded Profit Growth-4%-7%-56%-126%
Stock Price CAGR7%-1%-19%-42%
Return on Equity15%14%12%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141414141414
Reserves7885111141184202212218288369413413
Borrowings445541463258666142344561
Other Liabilities9193104109115108107138138143144146
Total Liabilities226247270310345382398431482560615634
Fixed Assets122138148169175173215219215219236229
CWIP69373421695121037
Investments18184346677285102158224240214
Other Assets808276871009682102105104129154
Total Assets226247270310345382398431482560615634
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity301954335053142090784514
Cash from Investing Activity-18-24-34-32-27-62-16-6-63-59-45-19
Cash from Financing Activity-115-21-2-2391-14-28-19-05
Net Cash Flow0-1-0-0-00-000-001
Free Cash Flow11-643-2415-7128553-1-38
CFO/OP148%85%112%79%89%152%264%189%99%102%84%140%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days283321312519262015152224
Inventory Days594750545660795843626560
Days Payable736959726166878143546962
Cash Conversion Cycle15111213211317-216241923
Working Capital Days-26-21-23-13-4-18-42-35-19-20-20-23
ROCE %14%12%33%29%35%15%5%6%31%31%16%2%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.53%50.53%50.53%50.53%50.53%50.53%50.53%50.53%50.50%50.50%50.50%50.29%
FIIs0.27%0.24%0.28%0.32%0.30%0.24%0.28%0.24%0.24%0.24%0.24%0.23%
DIIs0.02%0.22%0.22%0.02%0.02%0.18%0.18%0.18%0.18%0.18%0.18%0.22%
Public49.19%49.00%48.98%49.14%49.17%49.06%49.02%49.05%49.09%49.09%49.08%49.28%
No. of Shareholders16,62017,33617,97117,33617,82117,61617,46217,26117,27016,70216,47116,219

Fundamentals

Market Cap₹ 176 Cr.
Current Price₹ 129
Book Value₹ 309
ROCE2.44 %
ROE1.46 %
Dividend Yield1.16 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-126%
Standalone figures.
Valuation
Market capRs 175 Cr
Enterprise valueRs 227 Cr
Price to book0.41x
Price to sales0.28x
EV / EBITDA112.57x
EV / sales0.36x
Price to cash flow12.07x
Earnings yield-8.04%
Dividend yield1.19%
P/E, 3-year average11.51x
P/B, 3-year average0.57x
P/E, 5-year average10.76x
P/B, 5-year average0.62x
Profitability
Operating margin (excl. other income)2.58%
Operating margin (incl. other income)4.41%
EBITDA margin0.32%
Pre-tax margin-2.85%
Net profit margin-2.23%
Net margin, latest quarter-2.02%
ROE1.52%
ROCE2.48%
ROA1.04%
ROE, 3-year average13.18%
ROCE, 3-year average16.64%
ROA, 3-year average8.81%
ROE, 5-year average14.29%
ROCE, 5-year average17.43%
ROA, 5-year average8.98%
ROIC (approx.)-2.38%
Tax rate16.82%
Other income / net worth2.68%
Growth
Sales growth (latest year)0.98%
Profit growth (latest year)-87.21%
Sales CAGR, 3 years-10.39%
Sales CAGR, 5 years11.19%
Profit CAGR, 3 years-55.51%
Profit CAGR, 5 years-5.92%
Sales growth QoQ-4.51%
Sales growth YoY (latest quarter)4.23%
Profit growth YoY (latest quarter)-118.76%
Per share
EPS (TTM)Rs -10.16
EPS (latest year)Rs 4.68
EPS (latest quarter)Rs -2.34
EPS, 3-year averageRs 34.84
EPS, 5-year averageRs 32.97
Book value per shareRs 308.71
Sales per shareRs 455.22
Cash flow per shareRs 10.46
Free cash flow per shareRs -27.49
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 3.83
Dividend per share, 5-year averageRs 3.70
Dividends
Dividend payout31.99%
Dividend payout, 3-year average17.85%
Dividend payout, 5-year average18.13%
Efficiency
Asset turnover0.98x
Fixed asset turnover2.73x
Inventory turnover9.53x
Inventory days38 days
Debtor days24 days
Debtors turnover14.94x
Creditor days62 days
Cash conversion cycle23 days
Working capital days-23 days
Leverage
Total debtRs 61 Cr
Cash and bankRs 9 Cr
Net debtRs 53 Cr
Debt to equity0.14x
Net debt / EBITDA26.14x
Interest coverage-3.26x
Owners' fund to total sources67.30%
Debt to assets9.68%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs -19 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -38 Cr
FCFE (approx.: FCF + change in debt)Rs -22 Cr
Cash from ops / profit, 5 years1.09x
Sales to cash flow43.07x
Statement figures
Net sales (TTM)Rs 629 Cr
Net sales (latest year)Rs 623 Cr
Sales (latest quarter)Rs 160 Cr
Operating profit excl. other income (latest year)Rs 16 Cr
Operating profit (latest quarter)Rs -8 Cr
Other income (TTM)Rs 20 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -18 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs -14 Cr
Net profit (latest year)Rs 6 Cr
Net profit (latest quarter)Rs -3 Cr
Depreciation (TTM)Rs 16 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 475 Cr
Total expenditure (latest year)Rs 607 Cr
Total income (latest year)Rs 634 Cr
Share capitalRs 14 Cr
ReservesRs 413 Cr
Shareholders' fundsRs 427 Cr
Total assetsRs 634 Cr
Net blockRs 229 Cr
Capital work in progressRs 37 Cr
InvestmentsRs 214 Cr
ReceivablesRs 42 Cr
InventoryRs 50 Cr
Other liabilitiesRs 146 Cr
Shares outstanding (crore)1.38
Ownership
Promoter holding50.29% (-0.24 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.41 is at the 1th percentile (median 0.81).
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.
PeriodSHREYANINDNifty 50Difference
1 week-3.2%-2.8% -0.4 pts
1 month+0.4%-6.8% +7.2 pts
3 months-10.0%-7.6% -2.4 pts
6 months+1.3%+0.4% +0.9 pts
1 year-44.7%-9.9% -34.8 pts
2 years-52.9%-13.6% -39.3 pts
3 years-47.4%+14.2% -61.6 pts
5 years-7.2%+27.9% -35.1 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 37% while net profit fell in 2026
lookProfit leans on other income Other income was 147% 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 ₹160 Cr +4.2% vs Jun 2025. Net loss ₹3 Cr.
Against our estimate for Jun 2026: sales +11.2%, profit -12928.4% in line. Our estimate for Sep 2026: sales Rs 141 Cr, profit Rs -3 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-05Dividend - Rs 1.50 Per Share
2025-08-05Dividend - Rs 3 Per Share/Special Dividend - Rs 2 Per Share
2024-07-29Dividend - Rs 3 Per Share/Special Dividend - Rs 2 Per Share
2024-07-29Annual General Meeting
2023-08-03Annual General Meeting/Dividend - Rs 2.50 Per Share/Special Dividend 2.50 Per Share
2022-08-11Annual General Meeting/Dividend - Rs 2 Per Share
2021-08-23 Annual General Meeting/Dividend - Rs 3 Per Share
2020-09-22 Annual General Meeting
2020-02-18 Interim Dividend - Rs 3 Per Share
2019-07-05 Annual General Meeting/Dividend - Rs 2 Per Share/ Special Dividend - Rs 3 Per Share
2018-08-02 Annual General Meeting/Dividend- Rs 1.80 Per Share
2017-08-30 Annual General Meeting/Dividend - Rs 1.50 Per Share
2016-08-02 Annual General Meeting/Dividend Rs 1.20 Per Share
2015-08-04Annual General Meeting / Dividend - Rs 1.20 Per Share
2014-08-05Annual General Meeting / Dividend - Rs 1.20/- Per Share
2013-08-21Annual General Meeting/Dividend Re. 1/- Per Share
2012-08-23Annual General Meeting
2011-08-23Annual General Meeting
2010-09-23Annual General Meeting
2009-09-11Annual General Meeting
2008-09-19Annual General Meeting
2007-06-28Agm
2006-06-23Agm
DateTypeWhat it says
2026-08-14Shareholder meetingVoting results.
2026-08-12Shareholder meetingProceedings of Annual General Meeting held on August 12, 2026
2026-08-12Board meeting outcomeShreyans Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-18Record DateRecord date for the purpose of Dividend is 05-Aug-2026.
2026-07-18Shareholder meetingNotice of Annual General Meeting to be held on August 12, 2026
2026-06-01AppointmentAppointment of Mr Amit Arora as Chief Financial Officer of the company w.e.f. Jun 01, 2026.
2026-05-30RetirementRetirement
2026-05-20Board meeting outcomeShreyans Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-20Board meeting outcomeOutcome of Board Meeting held on May 20, 2026.
2026-05-20DividendBoard of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
2026-05-20Board meeting outcomeShreyans Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-05Disclosure under SEBI TakeovRajneesh Oswal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Ac...
2026-02-10Board meeting outcomeShreyans Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-11-12General UpdatesGeneral Updates
2025-11-11Board meeting outcomeShreyans Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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 Shreyans Industries Ltd?

Shreyans Industries Ltd (SHREYANIND) has a market capitalisation of Rs 176 Cr. at the 2026-10-01 close.

What were Shreyans Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Shreyans Industries Ltd sales was Rs 160 Cr (+4.2% vs Jun 2025) with a net loss of Rs 3 Cr.

What is the 52-week high and low of Shreyans Industries Ltd?

The 52-week high is Rs 235.50 and the 52-week low is Rs 121.76.

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