Shetron Ltd

Shetron Ltd

₹ 137 2.01%
28 Apr 12:26 p.m.
About

Incorporated in 1980, Shetron Ltd is in the business of Metal Packaging products[1]

Key Points

Business Overview:[1][2]
Shetron is a metal packaging company creating packaging solutions for the food industry. It produces metal cans for foods, dry cell battery jackets and components and supplies metal packaging, printed metal sheets, dry cell battery jackets and components. The company is one of the largest integrated producers of dry cell battery jackets in South east Asia

  • Market Cap 123 Cr.
  • Current Price 137
  • High / Low 198 / 102
  • Stock P/E 31.2
  • Book Value 65.6
  • Dividend Yield 0.73 %
  • ROCE 15.0 %
  • ROE 12.2 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.82% over past five years.
  • Company has a low return on equity of 12.3% 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

Sector: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
53.97 50.44 76.83 58.45 54.26 55.02 78.77 59.54 50.05 51.52 64.57 57.91 51.84
48.66 45.50 70.24 52.62 48.43 50.14 71.74 54.08 43.96 46.82 58.94 53.23 47.80
Operating Profit 5.31 4.94 6.59 5.83 5.83 4.88 7.03 5.46 6.09 4.70 5.63 4.68 4.04
OPM % 9.84% 9.79% 8.58% 9.97% 10.74% 8.87% 8.92% 9.17% 12.17% 9.12% 8.72% 8.08% 7.79%
0.82 0.17 0.24 0.14 0.15 0.41 0.19 0.21 0.10 0.34 0.32 0.18 0.05
Interest 2.58 2.51 2.97 2.38 2.50 2.20 2.93 2.01 2.13 1.77 2.35 2.06 1.93
Depreciation 1.41 1.34 1.40 1.38 1.29 1.35 1.52 1.38 1.55 1.65 1.47 1.50 1.51
Profit before tax 2.14 1.26 2.46 2.21 2.19 1.74 2.77 2.28 2.51 1.62 2.13 1.30 0.65
Tax % 23.36% 7.94% 30.49% 22.62% 34.25% 34.48% 27.08% 28.51% 29.88% 30.86% 28.17% 15.38% 69.23%
1.64 1.16 1.71 1.71 1.44 1.14 2.02 1.63 1.76 1.12 1.53 1.10 0.20
EPS in Rs 1.82 1.29 1.90 1.90 1.60 1.27 2.24 1.81 1.95 1.24 1.70 1.22 0.22
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
122 132 161 158 148 168 165 162 171 226 245 240 226
104 111 136 132 125 147 146 145 158 204 221 217 207
Operating Profit 18 22 25 25 23 21 19 17 12 22 23 23 19
OPM % 15% 16% 16% 16% 16% 12% 11% 10% 7% 10% 9% 10% 8%
2 1 1 1 1 1 2 2 1 2 1 1 1
Interest 17 17 17 16 14 12 11 12 10 11 10 9 8
Depreciation 8 8 8 8 8 7 6 6 5 6 5 6 6
Profit before tax -5 -2 1 2 3 3 3 1 -2 7 9 9 6
Tax % -31% -34% 34% 33% 30% 33% 34% 22% 11% 24% 30% 29%
-3 -1 1 2 2 2 2 1 -2 5 6 7 4
EPS in Rs -3.87 -1.11 0.82 1.67 2.07 2.02 2.44 0.98 -2.20 5.69 6.66 7.25 4.38
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 8% 14%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 12%
TTM: -7%
Compounded Profit Growth
10 Years: 24%
5 Years: 24%
3 Years: 74%
TTM: -40%
Stock Price CAGR
10 Years: 24%
5 Years: 53%
3 Years: 37%
1 Year: 8%
Return on Equity
10 Years: 6%
5 Years: 7%
3 Years: 12%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 31 30 31 33 28 30 32 33 31 36 41 47 50
103 104 107 97 87 74 76 78 76 65 68 65 56
27 32 36 34 41 46 39 31 32 43 32 36 41
Total Liabilities 171 176 183 172 165 159 155 150 147 153 150 157 157
76 72 67 60 52 49 47 47 43 41 46 47 45
CWIP 1 3 2 3 4 3 0 0 0 0 1 0 0
Investments 1 1 1 4 4 4 4 0 0 0 0 0 0
92 99 113 105 105 103 104 103 104 112 104 110 112
Total Assets 171 176 183 172 165 159 155 150 147 153 150 157 157

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7 7 9 17 16 11 -13 2 -0 7 11 12
-1 -3 -1 -4 -4 1 -1 -1 -2 -3 -11 -7
8 -2 -10 -11 -11 -19 14 -2 2 -5 1 -5
Net Cash Flow 0 1 -2 3 2 -6 0 -0 0 -1 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 81 75 82 66 80 78 65 65 58 46 41 46
Inventory Days 113 121 108 110 132 126 150 140 142 124 98 114
Days Payable 89 98 89 83 115 115 94 82 79 80 55 66
Cash Conversion Cycle 106 98 101 93 97 90 120 122 121 91 84 94
Working Capital Days 123 116 111 86 106 81 135 135 119 92 88 93
ROCE % 8% 10% 12% 13% 12% 12% 13% 11% 7% 16% 16% 15%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
64.48% 64.17% 64.17% 64.17% 64.17% 64.18% 64.18% 64.18% 64.18% 64.18% 64.18% 64.18%
35.52% 35.84% 35.84% 35.83% 35.84% 35.82% 35.83% 35.82% 35.82% 35.83% 35.82% 35.83%
No. of Shareholders 4,2604,4414,4014,3554,3074,8555,0865,4755,4955,4765,7135,589

Documents