Shish Industries Ltd
Incorporated in 2012, Shish Industries
Ltd manufactures, trades and markets PP Sheets and Rolls[1]
- Market Cap ₹ 547 Cr.
- Current Price ₹ 13.0
- High / Low ₹ 19.1 / 7.10
- Stock P/E 62.4
- Book Value ₹ 4.54
- Dividend Yield 0.00 %
- ROCE 8.29 %
- ROE 5.85 %
- Face Value ₹ 1.00
Pros
- Company's median sales growth is 40.7% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.0% over last 3 years.
- Earnings include an other income of Rs.6.91 Cr.
- Promoter holding has decreased over last 3 years: -11.7%
* 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | May 2017 2m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 5 | 0 | 8 | 11 | 16 | 28 | 50 | 70 | 85 | 118 | 123 | |
| 3 | 5 | 0 | 7 | 9 | 14 | 26 | 46 | 63 | 75 | 110 | 113 | |
| Operating Profit | 1 | 1 | 0 | 1 | 2 | 2 | 2 | 4 | 7 | 11 | 8 | 10 |
| OPM % | 15% | 12% | 17% | 20% | 13% | 8% | 7% | 10% | 12% | 7% | 8% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 10 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 8 | 11 | 15 | 12 |
| Tax % | 50% | 38% | 28% | 29% | 26% | 29% | 24% | 26% | 25% | 25% | 29% | |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 6 | 8 | 11 | 9 | |
| EPS in Rs | 0.00 | 0.02 | 0.03 | 0.03 | 0.04 | 0.08 | 0.17 | 0.24 | 0.29 | 0.21 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 34% |
| 3 Years: | 21% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 76% |
| 5 Years: | 46% |
| 3 Years: | 15% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | -1% |
| 1 Year: | 67% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 10% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 3 | 4 | 4 | 4 | 10 | 11 | 11 | 35 | 38 | 42 |
| Reserves | 0 | 0 | 0 | 3 | 4 | 5 | 2 | 7 | 23 | 24 | 70 | 149 |
| 2 | 2 | 2 | 3 | 2 | 2 | 1 | 5 | 7 | 13 | 26 | 24 | |
| 3 | 3 | 1 | 0 | 1 | 1 | 4 | 5 | 11 | 12 | 18 | 18 | |
| Total Liabilities | 5 | 5 | 6 | 11 | 12 | 13 | 17 | 27 | 52 | 84 | 152 | 234 |
| 2 | 2 | 2 | 4 | 5 | 5 | 6 | 6 | 5 | 11 | 19 | 45 | |
| CWIP | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 1 | 4 | 7 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 16 | 34 |
| 2 | 3 | 3 | 5 | 7 | 8 | 11 | 21 | 45 | 67 | 110 | 155 | |
| Total Assets | 5 | 5 | 6 | 11 | 12 | 13 | 17 | 27 | 52 | 84 | 152 | 234 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | -0 | -3 | 1 | 1 | 2 | -5 | -1 | -16 | -25 | 10 | |
| -0 | -0 | 0 | -6 | -1 | -0 | -2 | -1 | -1 | -17 | -24 | -76 | |
| -0 | -0 | 0 | 10 | -0 | -0 | -0 | 7 | 13 | 22 | 49 | 71 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | 0 | -0 | 0 | -0 | 11 | -11 | 0 | 5 |
| Free Cash Flow | 0 | -0 | -0 | -9 | 0 | 0 | 0 | -7 | -2 | -27 | -37 | -12 |
| CFO/OP | 49% | 52% | -233% | 51% | 46% | 125% | -125% | 13% | -124% | -257% | 129% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 47 | 88 | 57 | 25 | 26 | 65 | 111 | 80 | 72 | 100 | |
| Inventory Days | 91 | 93 | 169 | 248 | 163 | 96 | 78 | 64 | 75 | 109 | 114 | |
| Days Payable | 59 | 57 | 11 | 60 | 30 | 61 | 39 | 61 | 44 | 57 | 56 | |
| Cash Conversion Cycle | 96 | 83 | 246 | 245 | 158 | 61 | 104 | 113 | 111 | 124 | 157 | |
| Working Capital Days | 91 | 91 | 137 | 116 | 109 | 75 | 80 | 85 | 118 | 110 | 117 | |
| ROCE % | 13% | 15% | 0% | 17% | 14% | 14% | 18% | 21% | 26% | 21% | 16% | 8% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Sales as % of Total Revenue % |
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| Capacity Utilization (PP Corrugated Sheets) % |
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| Installed Capacity (PP Corrugated Sheets) tonnes |
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| Top 10 Customer Concentration % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - The confirmation certificate from Bigshare services Private Limited as per regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for quarter ended 30/06/2026 is submitted …
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Closure of Trading Window
25 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual secretarial compliance report for FY26 notes CFO unappointed from 07 Jun 2025 to 31 Mar 2026.
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Financial Results For The Quarter And Year Ended 31/03/2026
29 May - Board approved FY26 audited results; standalone profit rose to ₹875.94 lakh, with unmodified audit opinion.
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Board Meeting Intimation for Board Meeting Scheduled On 29/05/2026 For Approval Of Audited Standalone And Consolidated Financial Results For Quarter And Year Ended 31/03/2026
21 May - Board meeting on May 29, 2026 to approve audited FY2026 standalone and consolidated results.
Business Overview:[1]
SIL is in the business of manufacturing solutions in the protective packaging domain. It was the 1st company to develop & patent 5-ply Polypropylene Corrugated Sheet. Company is a Developer of Indigenous Reflective Insulation Product- Carmika™. It also pioneered the concept of Insulated water tank covers in India