Sharda Ispat Ltd
Incorporated in 1960, Sharda Ispat Ltd does manufacturing and job work of alloy steel flat/ rolled products[1]
- Market Cap ₹ 96.2 Cr.
- Current Price ₹ 189
- High / Low ₹ 383 / 175
- Stock P/E 21.2
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 13.7 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.91 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74 | 55 | 59 | 56 | 85 | 113 | 91 | 94 | 118 | 142 | 224 | 173 | 149 | |
| 71 | 53 | 57 | 51 | 79 | 104 | 86 | 89 | 113 | 136 | 204 | 163 | 144 | |
| Operating Profit | 2 | 1 | 3 | 5 | 7 | 9 | 6 | 5 | 5 | 6 | 19 | 9 | 5 |
| OPM % | 3% | 3% | 5% | 8% | 8% | 8% | 6% | 5% | 4% | 4% | 9% | 5% | 4% |
| 1 | 2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | |
| Interest | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 2 | 3 | 6 | 9 | 5 | 5 | 4 | 5 | 19 | 10 | 6 |
| Tax % | 0% | 22% | 20% | 34% | 34% | 27% | 25% | 25% | 27% | 26% | 26% | 26% | |
| 0 | 1 | 1 | 2 | 4 | 7 | 4 | 3 | 3 | 4 | 14 | 8 | 5 | |
| EPS in Rs | 0.04 | 1.56 | 2.50 | 4.08 | 8.10 | 13.34 | 7.07 | 6.80 | 5.95 | 7.86 | 27.52 | 14.95 | 8.95 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 14% |
| 3 Years: | 14% |
| TTM: | -22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 16% |
| 3 Years: | 36% |
| TTM: | -59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 34% |
| 3 Years: | 39% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 16% |
| 3 Years: | 19% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | -0 | -1 | 1 | 3 | 7 | 14 | 18 | 23 | 27 | 32 | 47 | 54 | 55 |
| 15 | 16 | 9 | 7 | 7 | 9 | 6 | 8 | 8 | 19 | 22 | 35 | 34 | |
| 13 | 10 | 6 | 9 | 14 | 6 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | |
| Total Liabilities | 33 | 31 | 21 | 25 | 34 | 34 | 33 | 40 | 44 | 59 | 77 | 98 | 97 |
| 5 | 3 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 3 | 2 | 2 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 9 | 10 | 1 | 5 | 5 |
| 27 | 28 | 18 | 22 | 31 | 31 | 30 | 30 | 33 | 46 | 74 | 92 | 88 | |
| Total Assets | 33 | 31 | 21 | 25 | 34 | 34 | 33 | 40 | 44 | 59 | 77 | 98 | 97 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 1 | 6 | 3 | 9 | -5 | 5 | -0 | 3 | -7 | 7 | 11 | |
| 0 | -0 | 2 | -0 | -8 | 5 | -2 | -1 | -0 | -1 | -9 | -22 | |
| -7 | 0 | -9 | -3 | -1 | 1 | -5 | 1 | -2 | 9 | 2 | 11 | |
| Net Cash Flow | -0 | 1 | -1 | -0 | 0 | 1 | -1 | 0 | 1 | 0 | -0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 42 | 23 | 32 | 41 | 32 | 36 | 48 | 40 | 31 | 21 | 26 |
| Inventory Days | 69 | 132 | 79 | 85 | 33 | 28 | 28 | 33 | 31 | 36 | 54 | 55 |
| Days Payable | 39 | 52 | 14 | 49 | 63 | 11 | 7 | 10 | 5 | 5 | 3 | 8 |
| Cash Conversion Cycle | 81 | 121 | 87 | 67 | 12 | 49 | 57 | 71 | 66 | 61 | 72 | 73 |
| Working Capital Days | 19 | 12 | 16 | 36 | 38 | 48 | 78 | 69 | 62 | 60 | 77 | 106 |
| ROCE % | 10% | 17% | 15% | 32% | 42% | 43% | 20% | 13% | 13% | 13% | 31% | 14% |
Documents
Announcements
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Re-Lodgment Of Transfer Requests Of Physical Shares.
2 Dec - Relodgement report for physical share transfers July to 30 Nov 2025; 1 processed, 1 rejected.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Dec - Newspaper publication for re-lodgment of transfer request of physical shares.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Publication of Unaudited Financial Results for the quarter and half year ended 30th September, 2025.
-
Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2025.
14 Nov - Unaudited Q2/H1 results ended 30 Sep 2025: H1 net profit Rs.41.32 lakh; H1 revenue Rs.5,400.99 lakh, limited review attached.
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Board Meeting Outcome for Outcome Of Board Meeting
14 Nov - Unaudited Q2/H1 results ended 30 Sep 2025: Q2 net profit Rs12.93L, H1 net profit Rs41.32L.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
Company manufacture and supplies flats, rounds, squares, alloy, carbon & spring steel rolled products to automobile OEM component manufacturer, and forging & bright bar industries