Shetron Ltd

Shetron Ltd

₹ 127 -5.19%
21 May - close price
About

Incorporated in 1980, Shetron Ltd is in the business of Metal Packaging products[1]

Key Points

Business Overview:[1][2]
Shetron is a metal packaging company creating packaging solutions for the food industry. It produces metal cans for foods, dry cell battery jackets and components and supplies metal packaging, printed metal sheets, dry cell battery jackets and components. The company is one of the largest integrated producers of dry cell battery jackets in South east Asia

  • Market Cap 114 Cr.
  • Current Price 127
  • High / Low 198 / 102
  • Stock P/E 37.1
  • Book Value 65.1
  • Dividend Yield 0.79 %
  • ROCE 11.7 %
  • ROE 5.35 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.13% over past five years.
  • Company has a low return on equity of 9.81% over last 3 years.
  • Company's cost of borrowing seems high

* 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

Sector: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
50.44 76.83 58.45 54.26 55.02 78.77 59.54 50.05 51.52 64.57 57.91 51.84 54.53
45.50 70.24 52.62 48.43 50.14 71.74 54.08 43.96 46.82 58.94 53.23 47.80 50.56
Operating Profit 4.94 6.59 5.83 5.83 4.88 7.03 5.46 6.09 4.70 5.63 4.68 4.04 3.97
OPM % 9.79% 8.58% 9.97% 10.74% 8.87% 8.92% 9.17% 12.17% 9.12% 8.72% 8.08% 7.79% 7.28%
0.17 0.24 0.14 0.15 0.41 0.19 0.21 0.10 0.34 0.32 0.18 0.05 0.28
Interest 2.51 2.97 2.38 2.50 2.20 2.93 2.01 2.13 1.77 2.35 2.06 1.93 1.90
Depreciation 1.34 1.40 1.38 1.29 1.35 1.52 1.38 1.55 1.65 1.47 1.50 1.51 1.72
Profit before tax 1.26 2.46 2.21 2.19 1.74 2.77 2.28 2.51 1.62 2.13 1.30 0.65 0.63
Tax % 7.94% 30.49% 22.62% 34.25% 34.48% 27.08% 28.51% 29.88% 30.86% 28.17% 15.38% 69.23% 60.32%
1.16 1.71 1.71 1.44 1.14 2.02 1.63 1.76 1.12 1.53 1.10 0.20 0.25
EPS in Rs 1.29 1.90 1.90 1.60 1.27 2.24 1.81 1.95 1.24 1.70 1.22 0.22 0.28
Raw PDF

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
132 161 158 148 168 165 162 171 226 245 240 229
111 136 132 125 147 146 145 158 204 221 217 211
Operating Profit 22 25 25 23 21 19 17 12 22 23 23 18
OPM % 16% 16% 16% 16% 12% 11% 10% 7% 10% 9% 10% 8%
1 1 1 1 1 2 2 1 2 1 1 1
Interest 17 17 16 14 12 11 12 10 11 10 9 8
Depreciation 8 8 8 8 7 6 6 5 6 5 6 6
Profit before tax -2 1 2 3 3 3 1 -2 7 9 9 5
Tax % -34% 34% 33% 30% 33% 34% 22% 11% 24% 30% 29% 35%
-1 1 2 2 2 2 1 -2 5 6 7 3
EPS in Rs -1.11 0.82 1.67 2.07 2.02 2.44 0.98 -2.20 5.69 6.66 7.25 3.42
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 8% 14% 29%
Compounded Sales Growth
10 Years: 4%
5 Years: 7%
3 Years: 0%
TTM: -5%
Compounded Profit Growth
10 Years: 15%
5 Years: 28%
3 Years: -16%
TTM: -53%
Stock Price CAGR
10 Years: 24%
5 Years: 50%
3 Years: 41%
1 Year: 8%
Return on Equity
10 Years: 6%
5 Years: 8%
3 Years: 10%
Last Year: 5%

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
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 30 31 33 28 30 32 33 31 36 41 47 50
104 107 97 87 74 76 78 76 65 68 65 42
32 36 34 41 46 39 31 32 43 32 36 51
Total Liabilities 176 183 172 165 159 155 150 147 153 150 157 151
72 67 60 52 49 47 47 43 41 46 47 48
CWIP 3 2 3 4 3 0 0 0 0 1 0 0
Investments 1 1 4 4 4 4 0 0 0 0 0 0
99 113 105 105 103 104 103 104 112 104 110 103
Total Assets 176 183 172 165 159 155 150 147 153 150 157 151

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 9 17 16 11 -13 2 -0 7 11 12 35
-3 -1 -4 -4 1 -1 -1 -2 -3 -11 -7 -7
-2 -10 -11 -11 -19 14 -2 2 -5 1 -5 -28
Net Cash Flow 1 -2 3 2 -6 0 -0 0 -1 0 0 -0

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 75 82 66 80 78 65 65 58 46 41 46 52
Inventory Days 121 108 110 132 126 150 140 142 124 98 114 114
Days Payable 98 89 83 115 115 94 82 79 80 55 66 90
Cash Conversion Cycle 98 101 93 97 90 120 122 121 91 84 94 76
Working Capital Days 116 111 86 106 81 135 135 119 92 88 93 71
ROCE % 10% 12% 13% 12% 12% 13% 11% 7% 16% 16% 15% 12%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
64.48% 64.17% 64.17% 64.17% 64.17% 64.18% 64.18% 64.18% 64.18% 64.18% 64.18% 64.18%
35.52% 35.84% 35.84% 35.83% 35.84% 35.82% 35.83% 35.82% 35.82% 35.83% 35.82% 35.83%
No. of Shareholders 4,2604,4414,4014,3554,3074,8555,0865,4755,4955,4765,7135,589

Documents