Shilp Gravures Ltd
Incorporated in 1993, Shilp Gravures Ltd manufactures engraved copper rollers and does energy generation through wind mill[1]
- Market Cap ₹ 95.7 Cr.
- Current Price ₹ 156
- High / Low ₹ 315 / 130
- Stock P/E 9.71
- Book Value ₹ 171
- Dividend Yield 1.35 %
- ROCE 12.3 %
- ROE 9.80 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.91 times its book value
- Company has been maintaining a healthy dividend payout of 19.5%
Cons
- The company has delivered a poor sales growth of 7.09% over past five years.
- Company has a low return on equity of 5.93% over last 3 years.
* 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 Aluminium, Copper & Zinc Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59.67 | 63.59 | 64.64 | 69.04 | 74.13 | 65.87 | 62.75 | 67.71 | 76.95 | 77.70 | 82.61 | 88.38 | |
| 45.99 | 48.81 | 49.02 | 54.36 | 58.81 | 54.17 | 50.99 | 55.94 | 63.77 | 67.31 | 75.75 | 73.65 | |
| Operating Profit | 13.68 | 14.78 | 15.62 | 14.68 | 15.32 | 11.70 | 11.76 | 11.77 | 13.18 | 10.39 | 6.86 | 14.73 |
| OPM % | 22.93% | 23.24% | 24.16% | 21.26% | 20.67% | 17.76% | 18.74% | 17.38% | 17.13% | 13.37% | 8.30% | 16.67% |
| 0.86 | -1.66 | 1.18 | 1.40 | 1.81 | -1.97 | 6.39 | 4.01 | 1.64 | 8.79 | 3.63 | 0.35 | |
| Interest | 2.15 | 1.70 | 0.98 | 0.99 | 1.20 | 1.30 | 0.85 | 0.27 | 0.27 | 0.25 | 0.28 | 0.26 |
| Depreciation | 6.24 | 6.07 | 6.07 | 6.59 | 6.86 | 5.89 | 4.79 | 4.35 | 4.24 | 4.36 | 5.07 | 5.15 |
| Profit before tax | 6.15 | 5.35 | 9.75 | 8.50 | 9.07 | 2.54 | 12.51 | 11.16 | 10.31 | 14.57 | 5.14 | 9.67 |
| Tax % | 26.02% | 43.36% | 27.08% | 17.29% | 14.99% | 55.91% | 16.31% | 22.04% | 26.67% | 23.06% | 18.29% | 17.58% |
| 4.54 | 3.03 | 7.11 | 7.03 | 7.71 | 1.13 | 10.48 | 8.70 | 7.57 | 11.21 | 4.21 | 7.96 | |
| EPS in Rs | 7.38 | 4.93 | 11.56 | 11.43 | 12.54 | 1.84 | 17.04 | 14.15 | 12.31 | 18.23 | 6.85 | 12.94 |
| Dividend Payout % | 16.26% | 24.36% | 12.97% | 13.12% | 31.91% | 81.64% | 10.56% | 12.72% | 17.06% | 11.52% | 30.68% | 16.22% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 3% |
| 3 Years: | 13% |
| TTM: | 365% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 18% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 |
| Reserves | 38.55 | 40.69 | 47.64 | 53.53 | 58.15 | 57.02 | 67.56 | 75.34 | 81.85 | 91.74 | 94.45 | 98.97 |
| 15.46 | 11.31 | 7.83 | 10.60 | 13.01 | 15.52 | 3.20 | 3.18 | 1.60 | 3.32 | 0.62 | 8.25 | |
| 14.37 | 15.23 | 14.34 | 14.97 | 12.61 | 12.14 | 10.83 | 11.38 | 12.59 | 13.23 | 15.57 | 13.20 | |
| Total Liabilities | 74.53 | 73.38 | 75.96 | 85.25 | 89.92 | 90.83 | 87.74 | 96.05 | 102.19 | 114.44 | 116.79 | 126.57 |
| 45.56 | 44.20 | 40.91 | 43.66 | 42.61 | 42.97 | 39.40 | 44.21 | 41.36 | 46.22 | 45.60 | 43.89 | |
| CWIP | 0.07 | 0.09 | 0.26 | 0.29 | 0.28 | 0.56 | 0.00 | 0.16 | 2.46 | 1.07 | 0.00 | 0.00 |
| Investments | 4.06 | 1.54 | 12.29 | 16.18 | 19.75 | 15.41 | 18.69 | 21.31 | 27.87 | 35.05 | 36.76 | 44.15 |
| 24.84 | 27.55 | 22.50 | 25.12 | 27.28 | 31.89 | 29.65 | 30.37 | 30.50 | 32.10 | 34.43 | 38.53 | |
| Total Assets | 74.53 | 73.38 | 75.96 | 85.25 | 89.92 | 90.83 | 87.74 | 96.05 | 102.19 | 114.44 | 116.79 | 126.57 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10.79 | 16.76 | 12.47 | 9.72 | 10.25 | 10.11 | 10.90 | 10.08 | 12.01 | 8.79 | 10.23 | 9.22 | |
| -4.93 | -9.73 | -7.95 | -9.95 | -8.67 | -9.20 | 2.45 | -8.92 | -8.88 | -7.48 | -3.66 | -10.30 | |
| -6.07 | -6.72 | -4.65 | -0.04 | -1.76 | -1.02 | -13.16 | -1.40 | -2.96 | 0.18 | -4.27 | -1.89 | |
| Net Cash Flow | -0.21 | 0.32 | -0.12 | -0.27 | -0.18 | -0.10 | 0.19 | -0.25 | 0.17 | 1.50 | 2.30 | -2.96 |
| Free Cash Flow | 7.10 | 12.24 | 9.66 | 0.34 | 3.88 | 3.15 | 10.52 | 1.42 | 9.63 | 0.07 | 7.44 | -7.62 |
| CFO/OP | 92% | 131% | 99% | 86% | 84% | 101% | 108% | 105% | 107% | 112% | 150% | 78% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 85.39 | 73.76 | 71.26 | 82.16 | 78.24 | 81.62 | 83.06 | 72.34 | 67.69 | 62.20 | 62.87 | |
| Inventory Days | 141.46 | 108.86 | 116.15 | 130.22 | 143.88 | 178.18 | 140.22 | 125.88 | 102.22 | 100.20 | 77.17 | |
| Days Payable | 139.59 | 151.92 | 147.25 | 156.26 | 134.15 | 159.80 | 111.13 | 101.11 | 84.67 | 87.27 | 106.58 | |
| Cash Conversion Cycle | 87.26 | 30.70 | 40.15 | 56.11 | 87.96 | 100.00 | 112.15 | 97.11 | 85.25 | 75.13 | 33.46 | |
| Working Capital Days | 15.54 | 0.11 | 19.76 | 32.83 | 41.11 | 31.03 | 66.66 | 65.98 | 64.79 | 55.57 | 58.90 | |
| ROCE % | 13.64% | 16.43% | 17.35% | 13.98% | 12.90% | 7.94% | 13.95% | 10.42% | 11.09% | 7.58% | 2.82% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Diesel Efficiency Units/Ltr |
|
||||||||||
| Energy Generation - DG Sets Kwh |
|||||||||||
| Number of Permanent Employees Count |
|||||||||||
| Wind Turbine Generation Kwh |
|||||||||||
| Solar Energy Generation Kwh |
|||||||||||
| Gas Efficiency Ltrs per SCM |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report for FY ended March 31, 2026; no deviations reported.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Publication for Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 May - Board approved FY26 audited results, Rs.2.10 final dividend, and two directors’ designation changes effective May 23, 2026.
-
Corporate Action-Board approves Dividend
23 May - FY26 audited results approved; Rs.2.10 dividend recommended; Pranav Bhalara and Kishor Doshi designated Whole-time Directors.
-
Board Meeting Outcome for Board Meeting Outcome For Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31, 2026 AND Recommendation Of Final Dividend At Rs. 2.10 Per Share Of Rs. 10 Each.
23 May - Board approved FY26 audited results, Rs.2.10 final dividend, and designated two executive directors as whole-time directors.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1]
SGL has setup the first gravure roller manufacturing house in India. It is engaged in engraving of rollers using 3 different engraving technologies i.e. electronic, laser and chemical etching. The engraved rollers are used in printing and packaging industries