Shetron Ltd
Incorporated in 1980, Shetron Ltd is in the business of Metal Packaging products[1]
- 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
14 May - Shetron Limited confirms it is not a Large Corporate; borrowings Rs. 47.73 Cr as of March 31, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
9 May - Re-appointment and appointment of internal, secretarial, and cost auditors for FY 2025-26.
- Result For Financial Statements For Year Ended 31St March 2025 9 May
-
Board Meeting Outcome for Outcome Of Board Meeting For Audited Financial Results And Declaration Of Dividend
9 May - Audited FY25 results approved; Rs.1 dividend declared; auditors appointed; AGM authorized.
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Board Meeting Intimation for Board Meeting Intimation For Fourth Quarter And Year Ended 31St March, 2025.
3 May - Board meeting on May 9 to approve FY25 results and recommend final dividend; trading window closed till May 11.
Annual reports
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Financial Year 2024
from bse
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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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Financial Year 2010
from bse
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