Shyam Dhani Industries Ltd
Incorporated in 1995, Shyam Dhani Industries Limited is avmanufacturer, exporter, wholesaler, and supplier of Premium Spices, Spices Powder, Whole Spices, etc.[1]
- Market Cap ₹ 145 Cr.
- Current Price ₹ 70.4
- High / Low ₹ 140 / 47.0
- Stock P/E 18.0
- 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
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Updates
9 April 2026 - Company clarifies recent share price movement is market-driven, with no pending price-sensitive announcement.
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Price movement
8 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
8 April 2026 - SME-listed company states corporate governance provisions not applicable for FY ended 31 March 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 April 2026 - Regulation 74(5) compliance certificate for quarter ended 31 March 2026; no rematerialisation or dematerialisation requests.
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Updates
30 March 2026 - We Assure Stores Pvt Ltd ceased as Group Company and promoter w.e.f. 30-Mar-2026 after resignation and share transfer.
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.