Shashwat Furnishing Solutions Ltd
Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture
and handicraft items[1]
- Market Cap ₹ 14.0 Cr.
- Current Price ₹ 67.1
- High / Low ₹ 78.8 / 41.0
- Stock P/E 38.9
- Book Value ₹ 17.1
- Dividend Yield 0.00 %
- ROCE 12.1 %
- ROE 10.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.92 times its book value
- Company has a low return on equity of -3.48% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 1m | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.00 | 1.38 | 4.57 | 3.06 | 4.68 | |
| 0.00 | 1.22 | 4.35 | 3.58 | 3.85 | |
| Operating Profit | 0.00 | 0.16 | 0.22 | -0.52 | 0.83 |
| OPM % | 11.59% | 4.81% | -16.99% | 17.74% | |
| 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | |
| Interest | 0.00 | 0.00 | 0.05 | 0.17 | 0.18 |
| Depreciation | 0.00 | 0.02 | 0.03 | 0.23 | 0.25 |
| Profit before tax | 0.00 | 0.14 | 0.15 | -0.90 | 0.41 |
| Tax % | 28.57% | -40.00% | 2.22% | 12.20% | |
| 0.00 | 0.11 | 0.21 | -0.92 | 0.36 | |
| EPS in Rs | 0.00 | 0.72 | 1.01 | -4.41 | 1.72 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 53% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 139% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| 1 Year: | 53% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 1.53 | 2.09 | 2.09 | 2.09 |
| Reserves | 0.00 | 0.29 | 2.05 | 1.13 | 1.48 |
| 0.00 | 0.01 | 1.21 | 1.57 | 1.41 | |
| 0.00 | 0.52 | 0.44 | 0.70 | 0.90 | |
| Total Liabilities | 0.01 | 2.35 | 5.79 | 5.49 | 5.88 |
| 0.00 | 0.03 | 0.11 | 1.40 | 1.16 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| 0.01 | 2.32 | 5.68 | 4.09 | 4.71 | |
| Total Assets | 0.01 | 2.35 | 5.79 | 5.49 | 5.88 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.00 | -1.23 | -2.85 | 0.97 | 0.17 | |
| 0.00 | -0.11 | -0.24 | -1.49 | 0.02 | |
| 0.01 | 1.71 | 3.26 | 0.19 | -0.34 | |
| Net Cash Flow | 0.01 | 0.37 | 0.17 | -0.33 | -0.16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 238.04 | 96.64 | 109.74 | 120.89 | |
| Inventory Days | 151.03 | 152.64 | 307.92 | 298.31 | |
| Days Payable | 155.23 | 22.12 | 64.59 | 88.52 | |
| Cash Conversion Cycle | 233.85 | 227.16 | 353.07 | 330.67 | |
| Working Capital Days | 354.42 | 341.04 | 256.45 | 225.40 | |
| ROCE % | 15.22% | 5.57% | -14.40% | 12.08% |
Documents
Announcements
- Reg. 34 (1) Annual Report. 18h
-
Intimation Of Book Closure
19h - Register of members closed Sep 23–30, 2025 for 5th AGM on Sep 30, 2025.
- Intimation Of Annual General Meeting Of The Members 20h
-
Board Meeting Outcome for Intimation Of Annual General Meeting Of The Members Of The Company And Outcome Of
Board Meeting As Per Regulation 30 Of SEBI (LODR,) 2015
20h - AGM on Sept 30, 2025; e-voting Sept 27-29; secretarial and internal auditors appointed.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
13 Aug - Promoter Hitesh Karnawat sold 21,000 shares, reducing stake from 63.86% to 62.86% on August 13, 2025.
Business Overview:[1][2]
a) SFSL is a manufacturer and supplier
of Indian handicrafts in Jodhpur. It provides
a wide array of handicrafts in India made by
a team of artisans, by using several material including metal, marble, glass, paper, wood,
and many others.
b) Company processes of semifinished
furniture products into finished products
and manufacturing through job work of
furniture and handicraft item