Shashijit Infraprojects Ltd
₹ 2.58
0.39%
18 Mar
3:40 p.m.
About
Incorporated in 2007, Shashijit Infraprojects
Ltd deals in the construction and development
of immovable properties.[1]
Key Points
- Market Cap ₹ 18.8 Cr.
- Current Price ₹ 2.58
- High / Low ₹ 8.14 / 2.36
- Stock P/E
- Book Value ₹ 2.09
- Dividend Yield 0.00 %
- ROCE -12.3 %
- ROE -24.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.47% over past five years.
- Promoter holding is low: 37.8%
- Company has a low return on equity of -6.86% over last 3 years.
- Promoter holding has decreased over last 3 years: -25.1%
- Working capital days have increased from 70.6 days to 106 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47.37 | 28.95 | 24.15 | 25.28 | 45.73 | 26.29 | 28.68 | 16.82 | 28.47 | 35.30 | 27.35 | 22.82 | 22.28 | |
| 44.64 | 27.45 | 21.89 | 23.28 | 43.17 | 24.80 | 28.15 | 15.78 | 26.42 | 32.85 | 25.06 | 24.94 | 23.76 | |
| Operating Profit | 2.73 | 1.50 | 2.26 | 2.00 | 2.56 | 1.49 | 0.53 | 1.04 | 2.05 | 2.45 | 2.29 | -2.12 | -1.48 |
| OPM % | 5.76% | 5.18% | 9.36% | 7.91% | 5.60% | 5.67% | 1.85% | 6.18% | 7.20% | 6.94% | 8.37% | -9.29% | -6.64% |
| 0.32 | 0.42 | 0.00 | 0.32 | 0.23 | 0.12 | 0.06 | 0.26 | 0.10 | 0.16 | -0.84 | 0.20 | 0.39 | |
| Interest | 0.24 | 0.36 | 0.36 | 0.37 | 0.39 | 0.45 | 0.56 | 0.61 | 0.74 | 1.11 | 1.21 | 0.98 | 0.72 |
| Depreciation | 0.29 | 0.54 | 0.60 | 0.51 | 0.83 | 0.86 | 0.84 | 0.87 | 1.26 | 0.82 | 0.96 | 0.79 | 0.85 |
| Profit before tax | 2.52 | 1.02 | 1.30 | 1.44 | 1.57 | 0.30 | -0.81 | -0.18 | 0.15 | 0.68 | -0.72 | -3.69 | -2.66 |
| Tax % | 31.35% | 32.35% | 35.38% | 36.11% | 29.30% | 40.00% | -25.93% | -16.67% | 20.00% | 33.82% | -15.28% | -15.99% | |
| 1.73 | 0.69 | 0.85 | 0.91 | 1.11 | 0.19 | -0.61 | -0.15 | 0.13 | 0.45 | -0.61 | -3.11 | -1.65 | |
| EPS in Rs | 43.25 | 17.25 | 21.25 | 0.18 | 0.21 | 0.04 | -0.12 | -0.03 | 0.03 | 0.09 | -0.12 | -0.43 | -0.23 |
| Dividend Payout % | 0.94% | 2.36% | 0.00% | 11.84% | 15.53% | 27.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -4% |
| 3 Years: | -7% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -15% |
| 3 Years: | -29% |
| 1 Year: | -63% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -4% |
| 3 Years: | -7% |
| Last Year: | -25% |
Balance Sheet
Figures in Rs. Crores
| 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 | 0.05 | 0.05 | 0.05 | 8.62 | 8.62 | 10.34 | 10.34 | 10.34 | 10.34 | 10.34 | 10.34 | 14.53 | 14.53 |
| Reserves | 5.38 | 6.04 | 7.01 | 2.36 | 3.34 | 1.60 | 0.93 | 0.81 | 0.99 | 1.46 | 0.86 | 0.41 | 0.65 |
| 2.30 | 3.70 | 2.91 | 4.43 | 4.34 | 4.90 | 5.98 | 7.85 | 11.38 | 12.85 | 11.68 | 8.76 | 8.66 | |
| 7.59 | 5.13 | 5.01 | 6.47 | 10.37 | 8.82 | 11.54 | 9.66 | 11.17 | 13.41 | 12.98 | 9.90 | 13.24 | |
| Total Liabilities | 15.32 | 14.92 | 14.98 | 21.88 | 26.67 | 25.66 | 28.79 | 28.66 | 33.88 | 38.06 | 35.86 | 33.60 | 37.08 |
| 1.95 | 2.70 | 2.30 | 2.88 | 3.46 | 3.57 | 4.72 | 4.60 | 6.70 | 10.38 | 7.55 | 7.82 | 8.44 | |
| CWIP | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.05 | 1.41 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.45 | 0.40 | 0.30 | 2.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| 12.31 | 11.82 | 12.38 | 16.98 | 23.19 | 22.08 | 23.01 | 22.64 | 27.00 | 27.67 | 28.30 | 25.77 | 28.63 | |
| Total Assets | 15.32 | 14.92 | 14.98 | 21.88 | 26.67 | 25.66 | 28.79 | 28.66 | 33.88 | 38.06 | 35.86 | 33.60 | 37.08 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.21 | 2.26 | 1.52 | -1.85 | -1.08 | 0.60 | 2.43 | 0.96 | 0.49 | 3.04 | 1.38 | -3.25 | |
| -0.93 | -1.03 | -0.58 | -2.82 | 1.52 | -0.51 | -2.63 | -2.44 | -1.97 | -3.73 | 0.33 | 0.06 | |
| 0.29 | -1.06 | -0.81 | 4.49 | -0.61 | -0.06 | 0.60 | 0.93 | 1.73 | 0.55 | -1.84 | 3.45 | |
| Net Cash Flow | -0.84 | 0.17 | 0.13 | -0.18 | -0.16 | 0.03 | 0.40 | -0.56 | 0.25 | -0.13 | -0.13 | 0.26 |
Ratios
Figures in Rs. Crores
| 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 | 57.56 | 82.58 | 75.27 | 134.28 | 87.32 | 137.86 | 96.09 | 141.49 | 100.51 | 82.51 | 109.97 | 110.20 |
| Inventory Days | 5.61 | 21.36 | 42.79 | 110.08 | 69.08 | 145.21 | 198.55 | 288.03 | 297.55 | 261.10 | 408.63 | 364.69 |
| Days Payable | 86.36 | 124.74 | 120.83 | 162.90 | 126.50 | 193.03 | 243.25 | 335.83 | 237.87 | 260.65 | 319.42 | 237.79 |
| Cash Conversion Cycle | -23.20 | -20.80 | -2.77 | 81.45 | 29.90 | 90.04 | 51.38 | 93.68 | 160.19 | 82.96 | 199.18 | 237.11 |
| Working Capital Days | 9.94 | 12.61 | 41.87 | 75.22 | 50.92 | 85.11 | 50.52 | 117.40 | 86.54 | 41.77 | 64.06 | 106.05 |
| ROCE % | 45.28% | 15.75% | 17.31% | 14.18% | 12.36% | 4.41% | -1.47% | 1.88% | 4.22% | 7.56% | 6.02% | -12.28% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Construction Operations INR Lakhs |
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| Number of Permanent Employees Count |
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| Order Book (Balance Revenue to be Recognized) INR Lakhs |
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| Fresh Order Inflow (Net) INR Lakhs |
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Documents
Announcements
-
Re-Submission Of Outcome Of Board Meeting Dated 13.02.2026 Pursuant To Exchange Query Regarding Clarity Of Figures
6 Mar - Re-submission of unaudited standalone results for quarter/nine months ended 31-Dec-2025; no changes.
- Re-Submission Of Financial Results For The Quarter And Nine Months Ended 31St December, 2025 Due To Clarity Of Figures 6 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Newspaper Clippings - Financials results for the quarter and nine months ended 31st December, 2025
-
Results - Financials Results For The Quarter And Nine Months Ended 31St December, 2025
13 Feb - Board approved unaudited standalone Q3 and nine-month results ended 31-Dec-2025; limited review attached by auditors.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 13.02.2026
13 Feb - Board approved unaudited standalone results for quarter and nine months ended 31 Dec 2025.
Business Overview:[1][2]
a) SIPL is engaged in civil project management and is actively involved in
the construction, design, procurement, development of industrial, commercial,
residential, public utility buildings, and for infra
structure development projects.
b) It provides end-to-end solutions across project planning, design, and engineering, procurement, construction, catering to the diverse sectors including industrial, commercial, residential, and public utility projects.
c) The company’s deals in industrial
and civil construction, where it has
developed execution capabilities in
general contracting, turnkey solutions,
and project management. Over time,
SIPL has strategically diversified into
residential and commercial development, expanding its service portfolio and creating
a balanced mix of projects across sectors.