Sharvaya Metals Ltd
Incorporated in 2014, Sharvaya Metals Limited specializes in manufacturing, supplying, and exporting aluminum products, including alloyed ingots, billets, slabs, sheets, and electric vehicle battery enclosures.[1]
- Market Cap ₹ 176 Cr.
- Current Price ₹ 176
- High / Low ₹ 222 / 78.0
- Stock P/E 15.5
- Book Value ₹ 86.2
- Dividend Yield 0.00 %
- ROCE 28.7 %
- ROE 23.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 59.8 days to 102 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 Aluminium, Copper & Zinc Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 41 | 70 | 71 | 113 | 230 | 319 | |
| Sales growth | +72% | +2% | +58% | +104% | +98% | |
| 39 | 67 | 68 | 93 | 211 | 302 | |
| Operating Profit | 2 | 3 | 4 | 19 | 18 | 17 |
| OPM % | 4.6% | 4.9% | 5% | 17% | 8% | 5% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 2 | 2 | 17 | 16 | 15 |
| Tax % | 13% | 7% | 28% | 30% | 29% | |
| 0 | 2 | 2 | 12 | 12 | 11 | |
| EPS in Rs | 0.56 | 2.71 | 2.13 | 16.24 | 11.64 | 11.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 98% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 82% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 35% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 7 | 8 | 10 | 10 |
| Reserves | 1 | 3 | 0 | 15 | 67 | 76 |
| 18 | 15 | 13 | 15 | 12 | 19 | |
| 3 | 8 | 8 | 10 | 10 | 17 | |
| Total Liabilities | 25 | 29 | 29 | 48 | 99 | 122 |
| 7 | 7 | 8 | 12 | 13 | 40 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 17 | 22 | 22 | 36 | 85 | 83 | |
| Total Assets | 25 | 29 | 29 | 48 | 99 | 122 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0 | 4 | 3 | 2 | -34 | |
| 0 | 0 | -1 | -4 | -3 | |
| -1 | -4 | -3 | 2 | 38 | |
| Net Cash Flow | -0 | 0 | 0 | 0 | 2 |
| Free Cash Flow | 0 | 4 | 3 | -3 | -37 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 25% | 117% | 96% | 12% | -151% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 47 | 41 | 6 | 11 | 17 |
| Inventory Days | 108 | 77 | 99 | 122 | 79 |
| Days Payable | 17 | 30 | 24 | 10 | 7 |
| Cash Conversion Cycle | 137 | 88 | 80 | 123 | 89 |
| Working Capital Days | 49 | 27 | 23 | 54 | 102 |
| ROCE % | 16% | 16% | 65% | 29% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization - Aluminium Alloyed Ingots & Scrap % |
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| Capacity Utilization - Aluminium Billets % |
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| Customer Concentration - Top 1 Customer % of revenue |
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| Domestic Sourcing of Raw Material % of total purchases |
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| End-User Industry Mix - Automotive % of revenue |
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| Product Mix - Battery Housings of Electric Vehicles % of revenue |
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| Production Volume - Aluminium Alloyed Ingots & Scrap MT per annum |
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| Capacity Utilization - Electric Vehicle Aluminium Components % |
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| Production Volume - Electric Vehicle Aluminium Components MT per annum |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
-
Statement Of Deviation & Variation
- Sharvaya Metals reported no deviation in IPO fund use; Rs. 49 crore raised, Rs. 44.3 crore utilized by Sep 30, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Friday, 6Th November 2026
- Board approved unaudited half-year results ended 30 September 2026; profit ₹911.01 lakh, revenue ₹17,906.19 lakh.
- Shareholder Meeting / Postal Ballot-Outcome of EGM
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Board Meeting Intimation for Board Meeting Is Scheduled To Be Held On Friday, 6Th November, 2026, At 1.00 Pm
- Board meeting on 6 November 2026 to approve half-year unaudited financial results.
Business Profile[1]
The company produces a broad range of aluminium products, including alloyed ingots, billets, slabs, sheets, circles, and EV battery housing, catering to industries such as cookware, automotive, LED, electric vehicles, construction, aerospace, and defence.