Shah Metacorp Ltd

Shah Metacorp Ltd

₹ 5.04 -4.91%
29 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 498 Cr.
  • Current Price 5.04
  • High / Low 5.85 / 2.75
  • Stock P/E 40.9
  • Book Value 3.09
  • Dividend Yield 0.00 %
  • ROCE 4.82 %
  • ROE 5.17 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter

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 6.80% over last 3 years.
  • Contingent liabilities of Rs.164 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.20.0 Cr.
  • Company has high debtors of 208 days.
  • Promoter holding has decreased over last 3 years: -10.4%
  • Working capital days have increased from 357 days to 614 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

Consolidated Figures in Rs. Crores / View Standalone

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 46.28 46.29 48.54 39.86 41.46 28.90 66.77 50.04 62.28
27.31 17.02 20.74 11.44 44.10 42.84 45.80 37.55 38.82 25.74 65.11 48.95 66.43
Operating Profit -6.63 -0.78 0.59 1.47 2.18 3.45 2.74 2.31 2.64 3.16 1.66 1.09 -4.15
OPM % -32.06% -4.80% 2.77% 11.39% 4.71% 7.45% 5.64% 5.80% 6.37% 10.93% 2.49% 2.18% -6.66%
0.06 3.00 1.09 0.21 0.17 24.85 0.65 1.71 0.69 0.71 0.63 1.88 16.80
Interest 0.14 0.00 0.00 0.00 0.00 0.01 0.00 0.03 0.01 0.00 0.32 1.01 1.14
Depreciation 0.71 0.93 0.92 0.88 0.79 0.83 0.90 0.87 1.02 1.07 1.06 1.03 1.02
Profit before tax -7.42 1.29 0.76 0.80 1.56 27.46 2.49 3.12 2.30 2.80 0.91 0.93 10.49
Tax % -15.63% 2.33% 0.00% 3.75% 5.13% 15.00% 0.80% 3.85% -65.22% 11.07% 12.09% 23.66% 23.55%
-6.25 1.25 0.76 0.77 1.48 23.34 2.47 3.00 3.79 2.49 0.80 0.72 8.14
EPS in Rs -0.17 0.03 0.02 0.02 0.03 0.50 0.04 0.05 0.06 0.03 0.01 0.01 0.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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 97 176 208
166 162 161 98 157 78 94 30 44 93 165 206
Operating Profit 15 2 12 -3 -9 -13 -82 -10 -4 4 11 2
OPM % 8% 1% 7% -3% -6% -20% -651% -48% -10% 4% 6% 1%
2 5 0 0 1 9 0 14 7 4 28 20
Interest 11 12 12 10 7 6 6 1 0 0 0 2
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 15
Tax % 103% -13% -35% -14% -6% -13% -19% 1,622% -669% 3% 8% 21%
-0 -13 -6 -18 -20 -14 -74 -6 2 4 33 12
EPS in Rs 0.00 -0.36 -0.16 -0.48 -0.55 -0.37 -2.01 -0.15 0.04 0.09 0.49 0.12
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: 75%
3 Years: 73%
TTM: 18%
Compounded Profit Growth
10 Years: 11%
5 Years: 17%
3 Years: 95%
TTM: 25%
Stock Price CAGR
10 Years: 4%
5 Years: 22%
3 Years: 19%
1 Year: 64%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 15 106 217
86 96 101 82 74 76 93 79 67 37 18 239
69 67 75 89 86 85 72 39 35 44 15 21
Total Liabilities 247 242 252 229 198 184 115 87 120 138 198 566
61 56 48 42 34 29 24 21 25 21 28 100
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 44
187 186 204 187 164 155 90 66 96 117 170 421
Total Assets 247 242 252 229 198 184 115 87 120 138 198 566

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 8 4 -11 -21 -0 -32 -47
5 4 -2 -2 1 0 0 0 -7 -0 -10
-3 -1 -1 -19 -9 -4 11 21 35 4 57
Net Cash Flow -6 -1 1 -0 -0 0 -0 0 28 -28 -0
Free Cash Flow -29 -9 1 18 9 4 -11 -21 -7 -33 -57
CFO/OP -49% -110% 36% -797% -89% -31% 14% 223% 8% -903% -418%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 1,167 360 232 226 272 208
Inventory Days 116 122 114 204 90 155 187 295 74 54 19 59
Days Payable 105 101 154 188 141 271 391 404 157 104 31 34
Cash Conversion Cycle 209 263 242 446 221 504 963 251 149 176 260 232
Working Capital Days 68 89 69 38 -2 -53 -2,096 10 22 179 277 614
ROCE % 6% -2% 2% -7% -7% -9% -121% -23% 0% 5% 8% 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 ・Standalone data

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

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 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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