Shah Metacorp Ltd

Shah Metacorp Ltd

₹ 4.86 -8.13%
04 Jun - 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 479 Cr.
  • Current Price 4.86
  • High / Low 5.85 / 2.99
  • Stock P/E 45.9
  • Book Value 3.05
  • Dividend Yield 0.00 %
  • ROCE 5.44 %
  • ROE 4.48 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 29.2%
  • Company has a low return on equity of 6.31% over last 3 years.
  • Contingent liabilities of Rs.164 Cr.
  • Earnings include an other income of Rs.15.4 Cr.
  • Company has high debtors of 225 days.
  • Promoter holding has decreased over last 3 years: -10.4%

* 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 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
20.68 16.24 21.33 12.91 41.39 44.88 48.54 35.89 41.46 28.90 39.81 45.81 53.62
27.31 17.02 20.74 11.44 39.27 41.49 45.78 33.93 38.76 25.70 38.52 44.39 57.16
Operating Profit -6.63 -0.78 0.59 1.47 2.12 3.39 2.76 1.96 2.70 3.20 1.29 1.42 -3.54
OPM % -32.06% -4.80% 2.77% 11.39% 5.12% 7.55% 5.69% 5.46% 6.51% 11.07% 3.24% 3.10% -6.60%
0.06 3.00 1.09 0.21 0.17 24.85 0.65 1.71 0.69 0.71 0.19 0.40 14.04
Interest 0.14 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.00 0.00 0.00 0.00 0.00
Depreciation 0.71 0.93 0.92 0.88 0.79 0.83 0.90 0.87 1.02 1.07 1.05 1.03 1.01
Profit before tax -7.42 1.29 0.76 0.80 1.50 27.40 2.51 2.78 2.37 2.84 0.43 0.79 9.49
Tax % -15.63% 2.33% 0.00% 3.75% 5.33% 15.04% 0.80% 1.08% -63.29% 10.92% 25.58% 27.85% 26.03%
-6.25 1.25 0.76 0.77 1.42 23.27 2.48 2.74 3.86 2.53 0.32 0.57 7.02
EPS in Rs -0.17 0.03 0.02 0.02 0.03 0.50 0.04 0.04 0.06 0.03 0.00 0.01 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
182 164 173 95 148 65 13 20 40 92 171 168
166 162 161 98 157 78 94 30 44 88 160 166
Operating Profit 16 2 12 -3 -9 -13 -82 -10 -4 4 11 2
OPM % 9% 2% 7% -3% -6% -20% -651% -48% -10% 4% 6% 1%
2 5 0 0 1 9 0 14 7 4 28 15
Interest 11 12 12 10 7 6 6 1 0 0 0 0
Depreciation 6 11 9 8 7 6 5 4 3 4 4 4
Profit before tax 1 -15 -9 -21 -22 -16 -92 0 -0 4 35 14
Tax % 81% -13% -35% -14% -6% -13% -19% 1,622% -669% 3% 8% 23%
0 -13 -6 -18 -20 -14 -74 -6 2 4 32 10
EPS in Rs 0.01 -0.36 -0.16 -0.48 -0.55 -0.37 -2.01 -0.15 0.04 0.09 0.49 0.11
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 0%
5 Years: 68%
3 Years: 62%
TTM: -2%
Compounded Profit Growth
10 Years: 11%
5 Years: 16%
3 Years: 85%
TTM: 11%
Stock Price CAGR
10 Years: 3%
5 Years: 22%
3 Years: 16%
1 Year: 58%
Return on Equity
10 Years: %
5 Years: %
3 Years: 6%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 16 16 16 16 16 16 16 16 33 42 59 89
Reserves 77 64 60 42 22 8 -66 -47 -16 15 106 213
81 91 97 77 74 76 93 79 67 37 17 15
66 64 75 89 86 85 72 39 35 39 11 14
Total Liabilities 240 235 247 223 198 184 115 87 120 133 193 331
57 53 46 40 34 29 24 21 25 21 28 26
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 6 6 6 6 0 0 0 0 0 0 0 90
177 177 196 178 164 155 90 66 96 112 165 215
Total Assets 240 235 247 223 198 184 115 87 120 133 193 331

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-7 -3 4 20 4 4 -11 -21 -0 -32 -46 -31
5 4 -2 -2 5 0 0 0 -7 -0 -10 -91
-3 -1 -1 -19 -9 -4 11 21 35 4 56 124
Net Cash Flow -6 -1 1 -0 -0 0 -0 0 28 -28 -0 2
Free Cash Flow -28 -9 1 18 3 4 -11 -21 -7 -33 -56 -33
CFO/OP -46% -103% 36% -797% -47% -31% 14% 223% 8% -918% -426% -1,301%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 197 242 282 430 272 620 1,167 360 232 219 270 225
Inventory Days 116 122 114 204 90 155 187 295 74 57 20 73
Days Payable 105 101 154 188 141 271 391 404 157 88 22 34
Cash Conversion Cycle 209 263 242 446 221 504 963 251 149 188 268 264
Working Capital Days 56 76 74 48 -2 -53 -2,096 10 22 188 284 345
ROCE % 7% -2% 2% -7% -8% -9% -121% -23% 0% 5% 7% 5%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Actual Production Volume - Melting Division
MT

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Installed Capacity - Melting Division
MTPA
Installed Capacity - Rolling Division
MTPA
Number of Permanent Employees
Count
Actual Production Volume - Rolling Division/Finished Products
MT
Asset Rotation (Working Capital Cycle)
Times per year
Export Sales as % of Total Sales
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
39.52% 36.17% 36.17% 36.20% 36.18% 29.81% 30.88% 30.88% 33.17% 29.15% 29.15% 29.15%
0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.04% 0.04% 0.04%
60.48% 63.83% 63.84% 63.80% 63.81% 70.13% 69.13% 69.13% 66.78% 70.81% 70.79% 70.81%
No. of Shareholders 37,95743,51154,36866,90382,3571,08,5031,12,7131,19,8471,23,4041,19,8981,15,4551,11,672

* 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.

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