Sharat Industries Ltd
Incorporated in 1990, Sharat Industries
Ltd is in the business of Shrimp Aquaculture
and manufactures & sells shrimp feeds[1]
- Market Cap ₹ 615 Cr.
- Current Price ₹ 157
- High / Low ₹ 180 / 119
- Stock P/E 36.6
- Book Value ₹ 39.4
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 43.9% CAGR over last 5 years
Cons
- Stock is trading at 4.04 times its book value
- Company has a low return on equity of 9.40% over last 3 years.
* 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
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Seafood
Part of BSE Fast Moving Consumer Goods
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 199 | 145 | 158 | 147 | 193 | 199 | 250 | 246 | 332 | 302 | 381 | 525 | 530 | |
| 189 | 136 | 152 | 140 | 181 | 187 | 239 | 233 | 313 | 281 | 352 | 489 | 492 | |
| Operating Profit | 10 | 9 | 6 | 8 | 12 | 12 | 11 | 14 | 19 | 21 | 29 | 36 | 38 |
| OPM % | 4.8% | 7% | 3.9% | 5% | 6% | 6% | 4.5% | 6% | 6% | 7% | 8% | 7% | 7% |
| 2 | 2 | 4 | 1 | 1 | 2 | 2 | 1 | 3 | 1 | 2 | 3 | 3 | |
| Interest | 2 | 4 | 5 | 4 | 6 | 8 | 6 | 6 | 9 | 10 | 11 | 12 | 12 |
| Depreciation | 5 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 |
| Profit before tax | 4 | 3 | 3 | 2 | 4 | 3 | 4 | 5 | 9 | 8 | 14 | 23 | 24 |
| Tax % | 34% | 34% | 34% | 31% | 18% | 31% | 34% | 23% | 28% | 23% | 29% | 29% | |
| 3 | 2 | 2 | 1 | 3 | 2 | 3 | 3 | 7 | 6 | 10 | 16 | 17 | |
| EPS in Rs | 0.71 | 0.58 | 0.47 | 0.29 | 0.80 | 0.49 | 0.71 | 0.88 | 1.66 | 1.49 | 2.65 | 4.05 | 4.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 10% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 16% |
| 3 Years: | 17% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 44% |
| 3 Years: | 34% |
| TTM: | 37% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 62% |
| 1 Year: | 29% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 11% |
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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 38 | 39 |
| Reserves | 23 | 25 | 27 | 28 | 31 | 33 | 35 | 46 | 55 | 60 | 99 | 115 |
| 30 | 39 | 30 | 43 | 55 | 58 | 82 | 89 | 89 | 96 | 113 | 126 | |
| 26 | 17 | 17 | 17 | 34 | 40 | 42 | 27 | 30 | 24 | 30 | 36 | |
| Total Liabilities | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 279 | 316 |
| 34 | 36 | 36 | 37 | 43 | 42 | 42 | 46 | 49 | 46 | 43 | 46 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 3 | 1 | 2 | 2 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 67 | 67 | 60 | 72 | 98 | 109 | 137 | 138 | 147 | 156 | 234 | 269 | |
| Total Assets | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 279 | 316 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2 | -2 | 7 | -3 | -3 | 7 | -11 | 2 | 17 | -2 | -26 | 1 | |
| -8 | -8 | 0 | -4 | -9 | -3 | -6 | -8 | -6 | -2 | -2 | -9 | |
| 16 | 5 | -8 | 3 | 13 | -5 | 17 | 9 | -7 | -4 | 48 | 3 | |
| Net Cash Flow | 7 | -4 | -1 | -3 | 1 | -0 | 0 | 3 | 4 | -7 | 20 | -5 |
| Free Cash Flow | -9 | -8 | 5 | -7 | -12 | 4 | -15 | -6 | 11 | -3 | -28 | -5 |
| CFO/OP | -14% | -8% | 129% | -28% | -27% | 63% | -90% | 19% | 99% | -2% | -76% | 22% |
Ratios
Standalone / 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 | 26 | 44 | 30 | 57 | 79 | 71 | 61 | 84 | 62 | 68 | 93 | 70 |
| Inventory Days | 90 | 128 | 105 | 115 | 103 | 136 | 122 | 114 | 82 | 106 | 96 | 96 |
| Days Payable | 57 | 44 | 27 | 45 | 50 | 61 | 50 | 26 | 24 | 19 | 21 | 18 |
| Cash Conversion Cycle | 60 | 128 | 107 | 128 | 132 | 146 | 133 | 172 | 120 | 155 | 168 | 148 |
| Working Capital Days | 16 | 31 | 32 | 39 | 36 | 42 | 39 | 42 | 30 | 47 | 69 | 78 |
| ROCE % | 13% | 9% | 9% | 7% | 9% | 9% | 8% | 7% | 11% | 10% | 12% | 13% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| USA Share of Export Sales % |
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| Export Share of Total Revenue % |
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| Processing Plant Annual Capacity TPA |
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| Russia Share of Export Sales % |
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| Shrimp Sales Volume MT |
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| Processing Plant Throughput (Operating Volume) TPA |
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| Value-Added Products Share of Export Volume % |
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| Farm Shrimp Production MT |
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| Feed Mill Production Volume MT |
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Extracted by Screener AI
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Sharat Industries filed AGM voting results; all 5 resolutions passed on 30 September 2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
- Closure of Trading Window
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation For Book Closure For The 36Th Annual General Meeting.
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2009
from bse
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Annual Report 2008
from bse
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Annual Report 2007
from bse
Concalls
-
Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Dec 2025PPT
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Sep 2025PPT
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Feb 2025PPT
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Dec 2024PPT
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Jun 2024PPT
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Feb 2024PPT
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Aug 2023PPT
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Jun 2023Transcript PPT
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Feb 2023PPT
Business Overview:[1]
SIL is a vertically integrated aquaculture company with operations across shrimp, hatchery, farming, shrimp feed manufacturing, shrimp processing and cold storage. Co started with Black Tiger and Scampi shrimps and then became a pioneer of Vannamei (white shrimp) culture in India. At present, company produces a wide range of raw and cooked frozen-shrimp and also sells shrimp feed