Shashwat Furnishing Solutions Ltd
Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture
and handicraft items[1]
- Market Cap ₹ 18.8 Cr.
- Current Price ₹ 90.0
- High / Low ₹ 143 / 41.0
- Stock P/E 626
- Book Value ₹ 15.8
- Dividend Yield 0.00 %
- ROCE 12.1 %
- ROE 10.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.69 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.02%
- 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 | TTM | |
|---|---|---|---|---|---|---|
| 0.00 | 1.38 | 4.57 | 3.06 | 4.68 | 3.19 | |
| 0.00 | 1.22 | 4.35 | 3.58 | 3.85 | 2.79 | |
| Operating Profit | 0.00 | 0.16 | 0.22 | -0.52 | 0.83 | 0.40 |
| OPM % | 11.59% | 4.81% | -16.99% | 17.74% | 12.54% | |
| 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | |
| Interest | 0.00 | 0.00 | 0.05 | 0.17 | 0.18 | 0.17 |
| Depreciation | 0.00 | 0.02 | 0.03 | 0.23 | 0.25 | 0.22 |
| Profit before tax | 0.00 | 0.14 | 0.15 | -0.90 | 0.41 | 0.02 |
| Tax % | 28.57% | -40.00% | 2.22% | 12.20% | ||
| 0.00 | 0.11 | 0.21 | -0.92 | 0.36 | 0.03 | |
| EPS in Rs | 0.00 | 0.72 | 1.01 | -4.41 | 1.72 | 0.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 109% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| 1 Year: | 105% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 1.53 | 2.09 | 2.09 | 2.09 | 2.09 |
| Reserves | 0.00 | 0.29 | 2.05 | 1.13 | 1.48 | 1.21 |
| 0.00 | 0.01 | 1.21 | 1.57 | 1.41 | 1.29 | |
| 0.00 | 0.52 | 0.44 | 0.70 | 0.90 | 0.59 | |
| Total Liabilities | 0.01 | 2.35 | 5.79 | 5.49 | 5.88 | 5.18 |
| 0.00 | 0.03 | 0.11 | 1.40 | 1.16 | 1.07 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| 0.01 | 2.32 | 5.68 | 4.09 | 4.71 | 4.10 | |
| Total Assets | 0.01 | 2.35 | 5.79 | 5.49 | 5.88 | 5.18 |
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 | 269.58 | 226.18 | |
| ROCE % | 15.22% | 5.57% | -14.40% | 12.08% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
9 Jan - Promoter Hitesh Karnawat sold 24,000 shares (1.15%) on Jan 8, 2026; holding reduced to 60.91%.
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