Shera Energy Ltd

Shera Energy Ltd

₹ 188 5.49%
22 Jul 3:45 p.m.
About

Incorporated in 2003, Shera Energy
Ltd manufactures non-ferrous metal
products and its alloy products and
winding wires[1]

Key Points

Business Overview:[1][2]
SEL manufactures winding wires and strips from non-ferrous metals, primarily copper, aluminium and brass. Company is ISO Certified and is an approved vendor from Power Grid Corp of India. It has ventured into manufacturing special grade brass rods suitable to make bullet shells. It provides customized products for its buyers in various shapes and sizes and with options of bare, paper-covered, and enamelled wires

  • Market Cap 429 Cr.
  • Current Price 188
  • High / Low 209 / 96.0
  • Stock P/E 80.9
  • Book Value 38.5
  • Dividend Yield 0.00 %
  • ROCE 18.6 %
  • ROE 6.30 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 6.25% over last 3 years.
  • Company's cost of borrowing seems high

* 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.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
269 274 274 299 330
261 263 264 287 316
Operating Profit 8 11 10 12 14
OPM % 3% 4% 4% 4% 4%
0 0 0 0 3
Interest 6 7 7 8 10
Depreciation 1 1 1 1 1
Profit before tax 2 4 2 3 6
Tax % 24% 25% 25% 25% 22%
1 3 2 3 4
EPS in Rs 0.69 1.44 0.78 1.15 1.91
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
396 353 368 467 548 629
378 338 350 450 528 604
Operating Profit 18 15 18 17 21 26
OPM % 5% 4% 5% 4% 4% 4%
0 1 1 0 1 3
Interest 11 12 13 12 14 18
Depreciation 1 1 1 1 1 1
Profit before tax 7 3 4 5 6 9
Tax % 25% 22% 25% 25% 25% 24%
5 3 3 3 5 7
EPS in Rs 2.46 1.33 1.57 1.73 2.04 3.06
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 20%
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: 2%
3 Years: 19%
TTM: 14%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 88%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 6%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 20 20 20 20 23 23
Reserves 32 35 38 41 58 65
48 53 45 58 49 53
58 57 79 87 85 114
Total Liabilities 158 165 182 206 214 254
10 9 9 8 9 11
CWIP 0 0 0 0 0 3
Investments 16 19 19 19 19 20
132 137 154 179 186 220
Total Assets 158 165 182 206 214 254

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
9 11 23 1 11 15
-1 -3 0 -3 1 -8
-6 -8 -23 -0 -9 -6
Net Cash Flow 3 -0 0 -3 2 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 83 92 85 72 62 67
Inventory Days 23 30 49 52 49 53
Days Payable 56 61 82 71 59 70
Cash Conversion Cycle 50 62 51 53 52 50
Working Capital Days 60 72 66 64 61 55
ROCE % 15% 17% 15% 16% 19%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024
63.50% 63.58% 63.58%
6.34% 0.22% 0.00%
0.00% 0.09% 0.00%
30.15% 36.12% 36.42%
No. of Shareholders 8011,0841,621

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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