Sharat Industries Ltd
Incorporated in 1990, Sharat Industries
Ltd is in the business of Shrimp Aquaculture
and manufactures & sells shrimp feeds[1]
- Market Cap ₹ 569 Cr.
- Current Price ₹ 145
- High / Low ₹ 150 / 59.0
- Stock P/E 39.8
- Book Value ₹ 38.7
- Dividend Yield 0.17 %
- ROCE 11.9 %
- ROE 9.02 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 41.3% CAGR over last 5 years
Cons
- Stock is trading at 3.75 times its book value
- Company has a low return on equity of 8.41% over last 3 years.
- Debtor days have increased from 74.3 to 93.1 days.
- Working capital days have increased from 48.8 days to 68.9 days
* 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
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Seafood
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 137 | 199 | 145 | 158 | 147 | 193 | 199 | 250 | 246 | 332 | 302 | 381 | 455 | |
| 131 | 189 | 136 | 152 | 140 | 181 | 187 | 239 | 233 | 313 | 281 | 352 | 420 | |
| Operating Profit | 7 | 10 | 9 | 6 | 8 | 12 | 12 | 11 | 14 | 19 | 21 | 29 | 35 |
| OPM % | 5% | 5% | 7% | 4% | 5% | 6% | 6% | 5% | 6% | 6% | 7% | 8% | 8% |
| 1 | 2 | 2 | 4 | 1 | 1 | 2 | 2 | 1 | 3 | 1 | 2 | 2 | |
| Interest | 1 | 2 | 4 | 5 | 4 | 6 | 8 | 6 | 6 | 9 | 10 | 11 | 12 |
| Depreciation | 3 | 5 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 5 |
| Profit before tax | 4 | 4 | 3 | 3 | 2 | 4 | 3 | 4 | 5 | 9 | 8 | 14 | 20 |
| Tax % | 35% | 34% | 34% | 34% | 31% | 18% | 31% | 34% | 23% | 28% | 23% | 29% | |
| 3 | 3 | 2 | 2 | 1 | 3 | 2 | 3 | 3 | 7 | 6 | 10 | 14 | |
| EPS in Rs | 0.71 | 0.71 | 0.58 | 0.47 | 0.29 | 0.80 | 0.49 | 0.71 | 0.88 | 1.66 | 1.49 | 2.65 | 3.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 14% |
| 3 Years: | 16% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 41% |
| 3 Years: | 42% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 57% |
| 1 Year: | 97% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 38 | 39 |
| Reserves | 21 | 23 | 25 | 27 | 28 | 31 | 33 | 35 | 46 | 55 | 60 | 99 | 112 |
| 11 | 30 | 39 | 30 | 43 | 55 | 58 | 82 | 89 | 89 | 96 | 113 | 120 | |
| 17 | 26 | 17 | 17 | 17 | 34 | 40 | 42 | 27 | 30 | 24 | 30 | 43 | |
| Total Liabilities | 71 | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 279 | 315 |
| 29 | 34 | 36 | 36 | 37 | 43 | 42 | 42 | 46 | 49 | 46 | 43 | 41 | |
| CWIP | 4 | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 3 | 1 | 2 | 2 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 38 | 67 | 67 | 60 | 72 | 98 | 109 | 137 | 138 | 147 | 156 | 234 | 272 | |
| Total Assets | 71 | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 279 | 315 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 | -2 | -2 | 7 | -3 | -3 | 7 | -11 | 2 | 17 | -2 | -26 | |
| -10 | -8 | -8 | 0 | -4 | -9 | -3 | -6 | -8 | -6 | -2 | -2 | |
| -1 | 16 | 5 | -8 | 3 | 13 | -5 | 17 | 9 | -7 | -4 | 48 | |
| Net Cash Flow | -3 | 7 | -4 | -1 | -3 | 1 | -0 | 0 | 3 | 4 | -7 | 20 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 59 | 26 | 44 | 30 | 57 | 79 | 71 | 61 | 84 | 62 | 68 | 93 |
| Inventory Days | 24 | 90 | 128 | 105 | 115 | 103 | 136 | 122 | 114 | 82 | 106 | 96 |
| Days Payable | 55 | 57 | 44 | 27 | 45 | 50 | 61 | 50 | 26 | 24 | 19 | 21 |
| Cash Conversion Cycle | 28 | 60 | 128 | 107 | 128 | 132 | 146 | 133 | 172 | 120 | 155 | 168 |
| Working Capital Days | 25 | 16 | 31 | 32 | 39 | 36 | 42 | 39 | 42 | 30 | 47 | 69 |
| ROCE % | 10% | 13% | 9% | 9% | 7% | 9% | 9% | 8% | 7% | 11% | 10% | 12% |
Documents
Announcements
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Closure of Trading Window
29 Dec - Trading window closed from 01-Jan-2026 until 48 hours after Q3/9M results announcement (31-Dec-2025).
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Closure of Trading Window
27 Dec - Trading window closed from 1 Apr 2026 until 48 hours after Q3/9M results for 31 Dec 2025.
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Disclosure As Per Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
26 Dec - Promoter filed Form C disclosing purchase of company equity shares on 26 Dec 2025.
- Announcement under Regulation 30 (LODR)-Investor Presentation 24 Dec
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov 2025 - Newspaper Advertisement of Un-Audited Standalone & consolidated financial results for the quarter and half year ended 30th September 2025.
Annual reports
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Financial Year 2025
from bse
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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 2009
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Financial Year 2008
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Financial Year 2007
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Financial Year 2006
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Concalls
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Dec 2025TranscriptAI SummaryPPT
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Sep 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Dec 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Jun 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
Business Overview:[1]
SIL is a vertically integrated aquaculture company with operations across shrimp, hatchery, farming, shrimp feed manufacturing, shrimp processing and cold storage. Co started with Black Tiger and Scampi shrimps and then became a pioneer of Vannamei (white shrimp) culture in India. At present, company produces a wide range of raw and cooked frozen-shrimp and also sells shrimp feed