Shashwat Furnishing Solutions Ltd
Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture
and handicraft items[1]
- Market Cap ₹ 16.2 Cr.
- Current Price ₹ 77.8
- High / Low ₹ 143 / 63.0
- Stock P/E
- Book Value ₹ 16.0
- Dividend Yield 0.00 %
- ROCE -2.99 %
- ROE -11.1 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 37.3 to 29.3 days.
- Company's working capital requirements have reduced from 59.3 days to 38.2 days
Cons
- Stock is trading at 4.88 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last 3 years: -15.3%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 13.50 | 23.95 | |
| 12.56 | 24.01 | |
| Operating Profit | 0.94 | -0.06 |
| OPM % | 6.96% | -0.25% |
| 0.13 | 0.10 | |
| Interest | 0.18 | 0.14 |
| Depreciation | 0.25 | 0.19 |
| Profit before tax | 0.64 | -0.29 |
| Tax % | 15.62% | 20.69% |
| 0.54 | -0.35 | |
| EPS in Rs | 2.39 | -1.87 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 77% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -178% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| 1 Year: | 7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 2.09 | 2.09 |
| Reserves | 1.63 | 1.24 |
| 1.41 | 1.48 | |
| 1.08 | 0.76 | |
| Total Liabilities | 6.21 | 5.57 |
| 1.18 | 1.01 | |
| CWIP | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 |
| 5.03 | 4.56 | |
| Total Assets | 6.21 | 5.57 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 0.26 | 0.19 | |
| 0.02 | -0.02 | |
| -0.34 | -0.07 | |
| Net Cash Flow | -0.06 | 0.11 |
| Free Cash Flow | 0.25 | 0.17 |
| CFO/OP | 28% | -400% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 45.42 | 29.26 |
| Inventory Days | 79.44 | 30.77 |
| Days Payable | 22.83 | 4.28 |
| Cash Conversion Cycle | 102.03 | 55.75 |
| Working Capital Days | 80.30 | 38.25 |
| ROCE % | -2.99% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Export revenue as % of total revenue % ・Standalone data |
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| Finished goods closing inventory ₹ lakhs ・Standalone data |
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| Number of permanent employees employees ・Standalone data |
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| Subsidiary (Dhruvanshi Agrotech) revenue share of consolidated revenue % |
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Extracted by Screener AI
Documents
Announcements
- Reg. 34 (1) Annual Report. 7h
-
Intimation Of Appointment Of Internal Auditor And Secretarial Auditor Of The Company Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - Shashwat Furnishing Solutions appointed internal and secretarial auditors for FY 2026-27 on August 4, 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
30 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026 filed with BSE.
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
1 Jul - M/s Prashant Malhotra & Associates appointed as Secretarial Auditor for FY2025-26.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
30 Jun - Promoter Hitesh Karnawat bought 9,000 shares on 23 June 2026, raising holding to 53.87%.
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