Shera Energy Ltd

Shera Energy Ltd

₹ 219 1.74%
22 Nov - close price
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 499 Cr.
  • Current Price 219
  • High / Low 235 / 113
  • Stock P/E 38.8
  • Book Value 48.7
  • Dividend Yield 0.00 %
  • ROCE 20.1 %
  • ROE 10.7 %
  • 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 10.3% 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
297 339 358 384 491 601
280 320 338 359 465 573
Operating Profit 17 19 19 25 27 29
OPM % 6% 6% 5% 6% 5% 5%
0 1 1 1 3 0
Interest 10 12 11 14 16 13
Depreciation 2 2 2 3 3 3
Profit before tax 5 6 7 9 10 13
Tax % 35% 26% 29% 29% 23% 26%
3 4 5 6 8 10
EPS in Rs 1.59 2.15 1.64 2.24 2.97 3.32
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
425 422 524 696 875 1,093
396 389 490 658 824 1,037
Operating Profit 29 32 34 39 51 55
OPM % 7% 8% 6% 6% 6% 5%
1 1 1 1 3 3
Interest 20 21 20 22 30 30
Depreciation 4 5 5 5 6 6
Profit before tax 6 7 10 13 19 23
Tax % 28% 28% 31% 27% 25%
4 5 7 9 14 18
EPS in Rs 2.24 2.50 3.32 3.34 5.21 6.29
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: 47%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: 46%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 29%
Return on Equity
10 Years: %
5 Years: %
3 Years: 10%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 20 20 20 23 23 23
Reserves 38 41 47 66 84 88
111 106 119 113 120 152
109 126 140 173 218 247
Total Liabilities 277 294 325 375 444 510
87 84 82 84 89 88
CWIP 2 4 3 2 5 23
Investments 0 0 0 0 0 0
189 206 240 289 350 399
Total Assets 277 294 325 375 444 510

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
20 30 11 13 38
-4 -3 -6 -3 -13
-16 -27 -8 -7 -24
Net Cash Flow -0 0 -3 3 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 81 67 50 50 48
Inventory Days 67 100 108 93 92
Days Payable 89 107 94 58 68
Cash Conversion Cycle 58 59 63 84 72
Working Capital Days 63 70 71 67 60
ROCE % 16% 16% 17% 20%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024
63.50% 63.58% 63.58% 63.58%
6.34% 0.22% 0.00% 0.02%
0.00% 0.09% 0.00% 0.07%
30.15% 36.12% 36.42% 36.34%
No. of Shareholders 8011,0841,6212,284

* 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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