Shera Energy Ltd
Incorporated in 2003, Shera Energy
Ltd manufactures non-ferrous metal
products and its alloy products and
winding wires[1]
- Market Cap ₹ 436 Cr.
- Current Price ₹ 191
- High / Low ₹ 200 / 85.2
- Stock P/E 35.9
- Book Value ₹ 39.1
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 10.3% over last 3 years.
- Company's cost of borrowing seems high
* 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
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 425 | 422 | 524 | 696 | 797 | |
| 396 | 389 | 490 | 658 | 750 | |
| Operating Profit | 29 | 32 | 34 | 39 | 47 |
| OPM % | 7% | 8% | 6% | 6% | 6% |
| 1 | 1 | 1 | 1 | 4 | |
| Interest | 20 | 21 | 20 | 22 | 27 |
| Depreciation | 4 | 5 | 5 | 5 | 5 |
| Profit before tax | 6 | 7 | 10 | 13 | 18 |
| Tax % | 28% | 28% | 31% | 27% | |
| 4 | 5 | 7 | 9 | 14 | |
| EPS in Rs | 2.24 | 2.50 | 3.32 | 4.00 | 6.11 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 124% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 23 | 23 |
| Reserves | 38 | 41 | 47 | 66 | 71 |
| 111 | 106 | 119 | 113 | 119 | |
| 109 | 126 | 140 | 173 | 198 | |
| Total Liabilities | 277 | 294 | 325 | 375 | 411 |
| 87 | 84 | 82 | 84 | 84 | |
| CWIP | 2 | 4 | 3 | 2 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 189 | 206 | 240 | 289 | 324 | |
| Total Assets | 277 | 294 | 325 | 375 | 411 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 20 | 30 | 11 | 13 | |
| -4 | -3 | -6 | -3 | |
| -16 | -27 | -8 | -7 | |
| Net Cash Flow | -0 | 0 | -3 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 81 | 67 | 50 | 50 |
| Inventory Days | 67 | 100 | 108 | 93 |
| Days Payable | 89 | 107 | 94 | 83 |
| Cash Conversion Cycle | 58 | 59 | 63 | 60 |
| Working Capital Days | 63 | 70 | 71 | 67 |
| ROCE % | 16% | 16% | 17% |
Business Overview:[1][2]
SEL manufactures winding wires and strips from non-ferrous metals, primarily copper, aluminium and brass. Company is ISO Certified and is an approved vendor from Power Grid Corp of India. It has ventured into manufacturing special grade brass rods suitable to make bullet shells. It provides customized products for its buyers in various shapes and sizes and with options of bare, paper-covered, and enamelled wires