Shah Metacorp Ltd

Shah Metacorp Ltd

₹ 3.10 -0.32%
30 May - close price
About

Incorporated in 1999, Shah Metacorp Ltd manufactures and sells diverse range of SS products[1]

Key Points

Business Overview:[1]
Company is a manufacturer, exporter and supplier of Stainless Steel long Products viz. Stainless Steel Bars, and Mild Steel

  • Market Cap 184 Cr.
  • Current Price 3.10
  • High / Low 7.40 / 2.72
  • Stock P/E 19.5
  • Book Value 2.78
  • Dividend Yield 0.00 %
  • ROCE 7.43 %
  • ROE 8.48 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Stock is trading at 1.12 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.9% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 30.9%
  • Contingent liabilities of Rs.164 Cr.
  • Earnings include an other income of Rs.27.8 Cr.
  • Company has high debtors of 270 days.
  • Promoter holding has decreased over last 3 years: -20.7%
  • Working capital days have increased from 180 days to 284 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
3.70 0.56 3.25 15.40 20.68 16.24 21.33 12.91 41.39 44.88 48.54 35.89 41.46
13.02 2.63 4.46 13.98 27.31 17.02 20.74 11.44 39.27 41.49 45.78 33.93 38.76
Operating Profit -9.32 -2.07 -1.21 1.42 -6.63 -0.78 0.59 1.47 2.12 3.39 2.76 1.96 2.70
OPM % -251.89% -369.64% -37.23% 9.22% -32.06% -4.80% 2.77% 11.39% 5.12% 7.55% 5.69% 5.46% 6.51%
-14.40 3.24 2.87 1.41 0.06 3.00 1.09 0.21 0.17 24.85 0.65 1.71 0.69
Interest -2.09 0.04 0.13 0.00 0.14 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.00
Depreciation 0.90 0.76 0.74 0.72 0.71 0.93 0.92 0.88 0.79 0.83 0.90 0.87 1.02
Profit before tax -22.53 0.37 0.79 2.11 -7.42 1.29 0.76 0.80 1.50 27.40 2.51 2.78 2.37
Tax % -28.58% -135.14% -24.05% -4.27% -15.63% 2.33% 0.00% 3.75% 5.33% 15.04% 0.80% 1.08% -63.29%
-16.08 0.87 0.98 2.21 -6.25 1.25 0.76 0.77 1.42 23.27 2.48 2.74 3.86
EPS in Rs -0.48 0.03 0.03 0.07 -0.19 0.04 0.02 0.02 0.03 0.55 0.04 0.05 0.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
277 182 164 173 95 148 65 13 20 40 92 171
266 166 162 161 98 157 78 94 30 44 88 160
Operating Profit 11 16 2 12 -3 -9 -13 -82 -10 -4 4 11
OPM % 4% 9% 2% 7% -3% -6% -20% -651% -48% -10% 4% 6%
4 2 5 0 0 1 9 0 14 7 4 28
Interest 11 11 12 12 10 7 6 6 1 0 0 0
Depreciation 4 6 11 9 8 7 6 5 4 3 4 4
Profit before tax 1 1 -15 -9 -21 -22 -16 -92 0 -0 4 35
Tax % 37% 81% -13% -35% -14% -6% -13% -19% 1,622% -669% 3% 8%
1 0 -13 -6 -18 -20 -14 -74 -6 2 4 32
EPS in Rs 0.02 0.01 -0.40 -0.18 -0.54 -0.61 -0.41 -2.24 -0.17 0.05 0.10 0.54
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: 21%
3 Years: 104%
TTM: 86%
Compounded Profit Growth
10 Years: 47%
5 Years: 22%
3 Years: 42%
TTM: 124%
Stock Price CAGR
10 Years: -5%
5 Years: 16%
3 Years: 0%
1 Year: -30%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 16 16 16 16 16 16 16 16 16 33 42 59
Reserves 77 77 64 60 42 22 8 -66 -47 -16 15 106
75 81 91 97 77 74 76 93 79 67 37 17
84 66 64 75 89 86 85 72 39 35 39 11
Total Liabilities 252 240 235 247 223 198 184 115 87 120 133 193
26 57 53 46 40 34 29 24 21 25 21 28
CWIP 15 0 0 0 0 0 0 0 0 0 0 0
Investments 6 6 6 6 6 0 0 0 0 0 0 0
205 177 177 196 178 164 155 90 66 96 112 165
Total Assets 252 240 235 247 223 198 184 115 87 120 133 193

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
23 -7 -3 4 20 4 4 -11 -21 -0 -32 -46
-4 5 4 -2 -2 5 0 0 0 -7 -0 -10
-15 -3 -1 -1 -19 -9 -4 11 21 35 4 56
Net Cash Flow 3 -6 -1 1 -0 -0 0 -0 0 28 -28 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 109 197 242 282 430 272 620 1,167 360 232 219 270
Inventory Days 86 116 122 114 204 90 155 187 295 74 57 20
Days Payable 92 105 101 154 188 141 271 391 404 157 88 22
Cash Conversion Cycle 102 209 263 242 446 221 504 963 251 149 188 268
Working Capital Days 85 187 235 241 311 168 334 -324 74 68 188 284
ROCE % 7% 7% -2% 2% -7% -8% -9% -121% -23% 0% 5% 7%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
51.56% 38.19% 38.19% 39.52% 39.52% 36.17% 36.17% 36.20% 36.18% 29.81% 30.88% 30.88%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00%
48.44% 61.80% 61.80% 60.47% 60.48% 63.83% 63.84% 63.80% 63.81% 70.13% 69.13% 69.13%
No. of Shareholders 36,43036,27137,36037,76637,95743,51154,36866,90382,3571,08,5031,12,7131,19,847

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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