Shyam Dhani Industries Ltd
Incorporated in the year 2010, Shyam Dhani Industries Limited is engaged in the manufacturing and processing of over 163 type/varieties of spices such as Ground Spices, Blend Spices and Whole Spices under the brand name “SHYAM”. In addition to spices offerings, it also engaged in trading and distribution of Grocery Products.
- Market Cap ₹ 133 Cr.
- Current Price ₹ 64.5
- High / Low ₹ 140 / 47.0
- Stock P/E 16.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 24.4 %
- ROE 41.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.9%
Cons
- Company might be capitalizing the interest cost
* 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 Other Food Products
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 35 | 44 | 68 | 108 | 125 | |
| 33 | 42 | 62 | 97 | 110 | |
| Operating Profit | 2 | 2 | 6 | 11 | 15 |
| OPM % | 5% | 5% | 9% | 10% | 12% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 2 | 3 |
| Depreciation | 1 | 0 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 4 | 8 | 11 |
| Tax % | 25% | 38% | 31% | 25% | 25% |
| 0 | 0 | 3 | 6 | 8 | |
| EPS in Rs | 2.10 | 2.97 | 25.52 | 55.07 | 5.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | % |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 102% |
| 3 Years: | % |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| Last Year: | 41% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 15 | 15 |
| Reserves | 4 | 4 | 8 | 14 | 9 | 13 |
| 11 | 13 | 13 | 24 | 47 | 48 | |
| 2 | 5 | 6 | 13 | 12 | 13 | |
| Total Liabilities | 18 | 23 | 28 | 53 | 82 | 89 |
| 0 | 0 | 8 | 12 | 27 | 27 | |
| CWIP | 0 | 0 | 2 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 | 23 | 17 | 38 | 55 | 62 | |
| Total Assets | 18 | 23 | 28 | 53 | 82 | 89 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0 | 0 | 3 | -5 | -6 | |
| 0 | 0 | -3 | -4 | -14 | |
| 0 | 0 | -1 | 10 | 20 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | -10 | -20 |
| CFO/OP | 0% | 0% | 58% | -30% | -22% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 28 | 23 | 21 | 19 | 25 |
| Inventory Days | 86 | 114 | 77 | 128 | 163 |
| Days Payable | 23 | 42 | 22 | 44 | 25 |
| Cash Conversion Cycle | 91 | 95 | 76 | 103 | 163 |
| Working Capital Days | 82 | 87 | 19 | 27 | 20 |
| ROCE % | 9% | 33% | 24% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization - Blended Spices % |
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| Capacity Utilization - Ground Spices % |
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| Installed Capacity - Blended Spices MT |
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| Installed Capacity - Ground Spices MT |
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| Inventory Holding Period days |
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| Net Fixed Asset Turnover times |
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| Number of Product Offerings (SKUs) count |
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| Revenue Share - Modern Trade % |
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| Total Customers Served count |
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| Total Sales Volume MT |
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| Wholesalers/Distributors (General Trade) count |
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| Raw Material Conversion Rate (Yield) % |
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Extracted by Screener AI
Documents
Announcements
-
Resignation of Director/KMP/SMP
15 May 2026 - Shyam Dhani Industries Limited has informed about Resignation of Director/KMP/SMP
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Resignation
15 May 2026 - Head of Quality Department Dinesh Kumar Sharma resigns effective May 31, 2026.
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Structural Digital Database
6 May 2026 - Shyam Dhani Industries submits SDD compliance certificate for FY2026, confirming no non-compliances.
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Press Release
5 May 2026 - Shyam Dhani launches refreshed spices range; Priety Zinta named brand ambassador.
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Appointment
2 May 2026 - Ms. Himanshi Khandelwal appointed Company Secretary and Compliance Officer from 2 May 2026.
Business Profile[1]
The company manufactures and processes 164 varieties of spices (ground, blended and whole) under the brand “SHYAM”, along with trading of grocery items and herbs/seasonings. It operates through B2B (General Trade, Modern Trade, Quick Commerce, HoReCa, Private Label, Exports) and D2C (website) channels.