Sharp India Ltd
Incorporated in 1985, Sharp India Ltd is engaged in manufacture and sale of liquid crystal display televisions (LED TVs) and Air Conditioners.
- Market Cap ₹ 322 Cr.
- Current Price ₹ 124
- High / Low ₹ 124 / 36.0
- Stock P/E
- Book Value ₹ -54.5
- Dividend Yield 0.00 %
- ROCE -6,733 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
* 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
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 189 | 30 | 26 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 178 | 36 | 36 | 9 | 9 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | |
| Operating Profit | 11 | -6 | -11 | -8 | -9 | -9 | -10 | -9 | -9 | -9 | -8 | -8 | -8 |
| OPM % | 6% | -21% | -41% | -477% | -2,450% | -45,450% | -7,208% | -29,467% | |||||
| 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | -2 | -2 | |
| Interest | 2 | 2 | 2 | 1 | 2 | 4 | 5 | 6 | 7 | 9 | 11 | 14 | 14 |
| Depreciation | 8 | 7 | 2 | 2 | 2 | 2 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | -14 | -14 | -10 | -12 | -14 | -18 | -15 | -16 | -18 | -19 | -24 | -25 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| 2 | -14 | -14 | -10 | -12 | -14 | -18 | -15 | -16 | -18 | -19 | -24 | -25 | |
| EPS in Rs | 0.60 | -5.42 | -5.28 | -3.72 | -4.77 | -5.39 | -7.13 | -5.67 | -6.07 | -6.88 | -7.44 | -9.33 | -9.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -4% |
| 3 Years: | -16% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 18% |
| 3 Years: | 33% |
| 1 Year: | 123% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| 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 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 |
| Reserves | 1 | -13 | -27 | -36 | -47 | -60 | -78 | -93 | -108 | -125 | -144 | -167 |
| 19 | 19 | 19 | 19 | 27 | 40 | 53 | 68 | 83 | 100 | 118 | 141 | |
| 49 | 29 | 5 | 4 | 4 | 4 | 4 | 3 | 2 | 3 | 3 | 3 | |
| Total Liabilities | 95 | 61 | 23 | 13 | 10 | 10 | 4 | 4 | 3 | 4 | 3 | 3 |
| 22 | 12 | 11 | 9 | 7 | 6 | 2 | 2 | 2 | 2 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 73 | 49 | 12 | 4 | 2 | 4 | 2 | 2 | 1 | 2 | 1 | 2 | |
| Total Assets | 95 | 61 | 23 | 13 | 10 | 10 | 4 | 4 | 3 | 4 | 3 | 3 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | -6 | 7 | -8 | -9 | -9 | -8 | -9 | -9 | -9 | -9 | -8 | |
| -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | |
| -2 | -2 | -2 | -1 | 7 | 11 | 8 | 9 | 8 | 9 | 8 | 8 | |
| Net Cash Flow | 7 | -8 | 6 | -8 | -1 | 2 | -1 | 0 | -1 | 1 | -1 | 0 |
| Free Cash Flow | 9 | -6 | 7 | -7 | -9 | -9 | -8 | -9 | -9 | -9 | -9 | -8 |
| CFO/OP | 100% | 103% | -64% | 97% | 99% | 99% | 88% | 107% | 101% | 95% | 107% | 95% |
Ratios
Figures in Rs. Crores
| 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 | 34 | 88 | 1 | 0 | 0 | 0 | 122 | 0 | ||||
| Inventory Days | 98 | 225 | 0 | |||||||||
| Days Payable | 110 | 381 | ||||||||||
| Cash Conversion Cycle | 22 | -68 | 1 | 0 | 0 | 0 | 122 | 0 | ||||
| Working Capital Days | 21 | 99 | -288 | -4,689 | -20,866 | -445,848 | -214,650 | -1,029,543 | ||||
| ROCE % | 7% | -33% | -48% | -63% | -143% | -177% | -432% | -789% | -845% | -1,538% | -1,696% | -6,733% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Foreign Exchange Earnings (FOB Value of Exports) Rs. Lakhs |
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| Foreign Exchange Outgo (Imports + Overseas Expenses) Rs. Lakhs |
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| Air Conditioner Products as % of Total Turnover % of total turnover |
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| Number of Permanent Employees count |
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| Research & Development Expenditure Rs. Lakhs |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
- Board approved statutory and internal auditor appointments and fixed 41st AGM on 29 September 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- BSE Intimation newspaper publication of special window
-
Announcement under Regulation 30 (LODR)-Change of Company Name
- MCA approved name change to Smaart Tech Services Limited on 18 Aug 2026, plus object clause and new AoA.
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
- G.D. Apte & Co. resigned as Sharp India’s statutory auditor effective 13 August 2026.
-
Announcement Of Updates Under Regulation 30 Of SEBI Listing Regulations On Appointment Of Directors
- Postal ballot approved Anant Raghute as MD for 3 years and six director appointments from 5 June 2026.
Annual reports
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
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Annual Report 2011
from bse
Business Overview:[1]
Sharp India Limited is a BSE-listed company formerly controlled by Sharp Corporation, Japan.
It is a legacy manufacture of LED televisions and air conditioners has remained suspended since FY16, and it reported no operating revenue in FY26 or Q1 FY27.
Smart Services Private Limited acquired Sharp Corporation’s 75% stake on June 2, 2026, for ₹19.45 crore and replaced the board. The new promoter proposes to rename the company Smaart Tech Services Limited and diversify
into infrastructure, logistics, IT and data
centres, healthcare, trading, facility
management and manpower services.