Shish Industries Ltd
Incorporated in 2012, Shish Industries
Ltd manufactures, trades and markets PP Sheets and Rolls[1]
- Market Cap ₹ 337 Cr.
- Current Price ₹ 8.89
- High / Low ₹ 17.2 / 7.40
- Stock P/E 35.8
- Book Value ₹ 2.49
- Dividend Yield 0.00 %
- ROCE 20.7 %
- ROE 16.9 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -4.55%
* 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: Plastic products Industry: Plastics Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 28 | 50 | 68 | 86 | 104 | |
| 26 | 46 | 60 | 75 | 89 | |
| Operating Profit | 2 | 4 | 9 | 11 | 15 |
| OPM % | 8% | 8% | 13% | 13% | 14% |
| 1 | 1 | 2 | 3 | 4 | |
| Interest | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 4 |
| Profit before tax | 2 | 3 | 9 | 11 | 13 |
| Tax % | 29% | 24% | 24% | 28% | |
| 1 | 3 | 7 | 8 | 9 | |
| EPS in Rs | 0.04 | 0.08 | 0.20 | 0.23 | 0.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 81% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 67% |
| 3 Years: | 43% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 10 | 11 | 11 | 35 | 36 |
| Reserves | 2 | 7 | 24 | 25 | 58 |
| 1 | 6 | 9 | 13 | 28 | |
| 4 | 5 | 10 | 13 | 13 | |
| Total Liabilities | 17 | 28 | 54 | 86 | 135 |
| 6 | 7 | 7 | 14 | 25 | |
| CWIP | 0 | 0 | 2 | 4 | 6 |
| Investments | 0 | 0 | 0 | 0 | 16 |
| 11 | 21 | 45 | 67 | 88 | |
| Total Assets | 17 | 28 | 54 | 86 | 135 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 2 | -5 | 0 | -13 | |
| -2 | -2 | -3 | -18 | |
| -0 | 8 | 14 | 20 | |
| Net Cash Flow | 0 | -0 | 11 | -11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 26 | 64 | 103 | 74 |
| Inventory Days | 96 | 78 | 76 | 96 |
| Days Payable | 61 | 34 | 56 | 48 |
| Cash Conversion Cycle | 61 | 109 | 123 | 122 |
| Working Capital Days | 83 | 115 | 128 | 200 |
| ROCE % | 22% | 28% | 21% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
11h - Postal ballot for key management changes and transactions.
-
Closure of Trading Window
26 Mar - Closure of trading window for insiders until results announcement.
-
Update On Allotment Of DIN Of Ms. Shital Tamakuwala (DIN: 11013824)
24 Mar - Appointment of Ms. Shital Tamakuwala as director.
-
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
21 Mar - Board approved remuneration changes, disinvestment, and new appointments.
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
21 Mar - Board approved remuneration changes, disinvestment, and new appointments.
Business Overview:[1]
SIL is in the business of manufacturing solutions in the protective packaging domain. It was the 1st company to develop & patent 5-ply Polypropylene Corrugated Sheet. Company is a Developer of Indigenous Reflective Insulation Product- Carmika™. It also pioneered the concept of Insulated water tank covers in India