Shish Industries Ltd
Incorporated in 2012, Shish Industries
Ltd manufactures, trades and markets PP Sheets and Rolls[1]
- Market Cap ₹ 463 Cr.
- Current Price ₹ 11.0
- High / Low ₹ 19.1 / 7.10
- Stock P/E 63.7
- Book Value ₹ 4.39
- Dividend Yield 0.00 %
- ROCE 6.74 %
- ROE 4.99 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.74%
- Company has a low return on equity of 8.65% over last 3 years.
- Earnings include an other income of Rs.5.55 Cr.
- Debtor days have increased from 76.8 to 92.3 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 28 | 50 | 68 | 86 | 116 | 134 | |
| 26 | 46 | 60 | 75 | 105 | 122 | |
| Operating Profit | 2 | 4 | 9 | 11 | 11 | 12 |
| OPM % | 8% | 8% | 13% | 13% | 10% | 9% |
| 1 | 1 | 2 | 3 | 4 | 6 | |
| Interest | 0 | 0 | 1 | 1 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 5 | 6 |
| Profit before tax | 2 | 3 | 9 | 11 | 8 | 9 |
| Tax % | 29% | 24% | 24% | 28% | 25% | 34% |
| 1 | 3 | 7 | 8 | 6 | 6 | |
| EPS in Rs | 0.04 | 0.08 | 0.20 | 0.23 | 0.23 | 0.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 25% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 2% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | -5% |
| 1 Year: | 37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 9% |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 11 | 11 | 35 | 38 | 42 |
| Reserves | 2 | 7 | 24 | 25 | 68 | 143 |
| 1 | 6 | 9 | 13 | 34 | 49 | |
| 4 | 5 | 10 | 13 | 10 | 19 | |
| Total Liabilities | 17 | 28 | 54 | 86 | 150 | 253 |
| 6 | 7 | 7 | 14 | 51 | 80 | |
| CWIP | 0 | 0 | 2 | 4 | 8 | 23 |
| Investments | 0 | 0 | 0 | 0 | 1 | 19 |
| 11 | 21 | 45 | 67 | 90 | 131 | |
| Total Assets | 17 | 28 | 54 | 86 | 150 | 253 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2 | -5 | 0 | -13 | -17 | -14 | |
| -2 | -2 | -3 | -18 | -30 | -63 | |
| -0 | 8 | 14 | 20 | 47 | 83 | |
| Net Cash Flow | 0 | -0 | 11 | -11 | -0 | 5 |
| Free Cash Flow | 0 | -8 | -2 | -24 | -51 | -61 |
| CFO/OP | 125% | -109% | 28% | -86% | -118% | -76% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 26 | 64 | 103 | 84 | 55 | 92 |
| Inventory Days | 96 | 78 | 76 | 82 | 152 | 117 |
| Days Payable | 61 | 34 | 56 | 48 | 40 | 71 |
| Cash Conversion Cycle | 61 | 109 | 123 | 117 | 167 | 138 |
| Working Capital Days | 75 | 79 | 86 | 154 | 120 | 105 |
| ROCE % | 22% | 28% | 21% | 10% | 7% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Full-time Employees Count ・Standalone data |
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| Debtors Turnover Ratio Times ・Standalone data |
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| Capacity Utilization % ・Standalone data |
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| Installed Capacity Kgs/Annum ・Standalone data |
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| Production Volume Kgs ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
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.
-
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.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - Monitoring agency report for quarter ended March 31, 2026 shows preferential issue proceeds utilized with no deviation.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Compliance certificate under Reg 74(5) of SEBI (DP) regulations for quarter ended 31/03/2026
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