Shah Metacorp Ltd.
•₹ 3.33-15.7%
2026-08-21
PROS
- Operating margins have improved to 6.3% from -33.2%
- Latest quarter profit grew 41.3% YoY, showing strong momentum
- Company has delivered good sales growth of 22.2% CAGR over last 5 years
- Company comfortably covers its interest (889.3x coverage)
- Company maintains a comfortable, low leverage position
- Institutional investors have been accumulating - FII+DII up 2.1pp
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.07x)
- Company has a low return on capital employed of 10.2%
- Equity base is being diluted - shares outstanding up 275.2%
- Contingent liabilities are large at 99.2% of net worth
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | JSWSTEEL | 1281.30 | 12.64 | 313336.02 | 0.55 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| 2. | TATASTEEL | 184.00 | 20.82 | 229695.59 | 2.17 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| 3. | SAIL | 172.50 | 16.68 | 71251.56 | 1.36 | 1644.05 | 120.80 | 26245.67 | 1.25 | 6.39 | 15.92 |
| 4. | JSL | 723.75 | 18.37 | 59667.37 | 0.55 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| 5. | APLAPOLLO | 2115.90 | 47.80 | 58749.74 | 0.40 | 263.11 | 10.94 | 5606.71 | 12.07 | 22.90 | 7.34 |
| 6. | WELCORP | 1974.70 | 22.56 | 52090.74 | 0.25 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| 7. | SHYAMMETL | 988.70 | 24.57 | 27597.77 | 0.46 | 3507.30 | 1106.63 | 54550.90 | 1133.35 | 13.88 | 14.03 |
| 8. | SARDAEN | 512.45 | 15.98 | 18057.78 | 0.39 | 478.13 | 9.50 | 1608.04 | -1.07 | 15.84 | 41.59 |
| 9. | JINDALSAW | 268.95 | 26.32 | 17199.57 | 0.74 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| 10. | GPIL | 246.30 | 20.55 | 16578.39 | 0.41 | 222.37 | 2.75 | 1750.47 | 32.29 | 23.51 | 19.36 |
| 11. | RATNAMANI | 2295.95 | 37.17 | 16092.77 | 0.44 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| 12. | SHAH | 3.93 | 29.44 | 390.00 | 0.00 | 3.52 | 41.26 | 57.20 | 97.93 | 25.55 | 8.31 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 21 | 13 | 46 | 46 | 49 | 40 | 41 | 29 | 67 | 50 | 62 | 572 | |
| 17 | 21 | 11 | 44 | 43 | 46 | 38 | 39 | 26 | 65 | 49 | 66 | 537 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 2 | 17 | 12 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 |
| 1 | 1 | 1 | 2 | 27 | 2 | 3 | 2 | 3 | 1 | 1 | 10 | 47 | |
| Tax % | 2.34% | 1.32% | 3.75% | 5.13% | 15.00% | 0.80% | 3.86% | -65.50% | 11.03% | 12.09% | 23.66% | 23.52% | 25.15% |
| Net Profit | 0 | 0 | 0 | 0 | 23 | 2 | 3 | 4 | 2 | 1 | 1 | 8 | 35 |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 16 | 16 | 42 | 42 | 42 | 58 | 59 | 59 | 66 | 89 | 89 | 89 | 982 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 16 | 16 | 42 | 42 | 42 | 58 | 59 | 59 | 66 | 89 | 89 | 89 | 982 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 16
- 17
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 2.34%
- Net Profit
- 0
- 0
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 21
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 1.32%
- Net Profit
- 0
- 0
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 13
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 3.75%
- Net Profit
- 0
- 0
- Equity Capital
- 42
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 42
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 46
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 5.13%
- Net Profit
- 0
- 0
- Equity Capital
- 42
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 42
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 46
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 27
- Tax %
- 15.00%
- Net Profit
- 23
- 1
- Equity Capital
- 42
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 42
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 49
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 0.80%
- Net Profit
- 2
- 0
- Equity Capital
- 58
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 58
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 40
- 38
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 3.86%
- Net Profit
- 3
- 0
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 41
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- -65.50%
- Net Profit
- 4
- 0
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 29
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 11.03%
- Net Profit
- 2
- 0
- Equity Capital
- 66
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 66
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 67
- 65
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 12.09%
- Net Profit
- 1
- 0
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 50
- 49
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 1
- 1
- Tax %
- 23.66%
- Net Profit
- 1
- 0
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 62
- 66
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 1
- Depreciation
- 1
- 10
- Tax %
- 23.52%
- Net Profit
- 8
- 0
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 89
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 572
- 537
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 3
- Depreciation
- 10
- 47
- Tax %
- 25.15%
- Net Profit
- 35
- 0
- Equity Capital
- 982
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 982
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 159 | 173 | 95 | 148 | 65 | 13 | 20 | 40 | 97 | 176 | 236 | |
| 157 | 161 | 98 | 157 | 78 | 94 | 30 | 44 | 93 | 165 | 234 | |
| Operating Profit | 7 | 12 | -3 | -3 | -4 | -82 | -7 | 3 | 8 | 14 | — |
| OPM % | 4 | 7 | -3 | -2 | -6 | -649 | -33 | 7 | 8 | 8 | — |
| Other Income | 5 | 0 | 0 | 7 | 9 | 0 | 3 | 7 | 4 | 3 | 21 |
| Interest | 12 | 12 | 10 | 7 | 6 | 6 | 1 | 0 | 0 | 0 | 3 |
| Depreciation | 11 | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 4 | 4 | 4 |
| -15 | -9 | -21 | -22 | -16 | -92 | 0 | -0 | 4 | 35 | 17 | |
| Tax % | 13 | 35 | 14 | 6 | 13 | 19 | 1,637 | 675 | 3 | 8 | 23 |
| Net Profit | -13 | -6 | -18 | -20 | -14 | -74 | -6 | 2 | 4 | 33 | 13 |
| EPS | 0 | 0 | 0 | 0 | 0 | -5 | -0 | 0 | 0 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -1 | -0 | -1 | -1 | -1 | -4 | -0 | 0 | 0 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -1 | -0 | -1 | -1 | -1 | -4 | -0 | 0 | 0 | 1 | — |
Mar 2016
- 159
- 157
- Operating Profit
- 7
- OPM %
- 4
- Other Income
- 5
- Interest
- 12
- Depreciation
- 11
- -15
- Tax %
- 13
- Net Profit
- -13
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2017
- 173
- 161
- Operating Profit
- 12
- OPM %
- 7
- Other Income
- 0
- Interest
- 12
- Depreciation
- 9
- -9
- Tax %
- 35
- Net Profit
- -6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2018
- 95
- 98
- Operating Profit
- -3
- OPM %
- -3
- Other Income
- 0
- Interest
- 10
- Depreciation
- 8
- -21
- Tax %
- 14
- Net Profit
- -18
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2019
- 148
- 157
- Operating Profit
- -3
- OPM %
- -2
- Other Income
- 7
- Interest
- 7
- Depreciation
- 7
- -22
- Tax %
- 6
- Net Profit
- -20
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2020
- 65
- 78
- Operating Profit
- -4
- OPM %
- -6
- Other Income
- 9
- Interest
- 6
- Depreciation
- 6
- -16
- Tax %
- 13
- Net Profit
- -14
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2021
- 13
- 94
- Operating Profit
- -82
- OPM %
- -649
- Other Income
- 0
- Interest
- 6
- Depreciation
- 5
- -92
- Tax %
- 19
- Net Profit
- -74
- EPS
- -5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 20
- 30
- Operating Profit
- -7
- OPM %
- -33
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 0
- Tax %
- 1,637
- Net Profit
- -6
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2023
- 40
- 44
- Operating Profit
- 3
- OPM %
- 7
- Other Income
- 7
- Interest
- 0
- Depreciation
- 3
- -0
- Tax %
- 675
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 97
- 93
- Operating Profit
- 8
- OPM %
- 8
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 4
- Tax %
- 3
- Net Profit
- 4
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 176
- 165
- Operating Profit
- 14
- OPM %
- 8
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 35
- Tax %
- 8
- Net Profit
- 33
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 236
- 234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 3
- Depreciation
- 4
- 17
- Tax %
- 23
- Net Profit
- 13
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 0%
- 5 Years:
- 22%
- 3 Years:
- 106%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 79%
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -4%
- 5 Years:
- 11%
- 3 Years:
- 12%
- 1 Year:
- 23%
RETURN ON EQUITY
- 10 Years:
- -10%
- 5 Years:
- 8%
- 3 Years:
- 14%
- Last Year:
- 29%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 33 | 42 | 59 |
| 64 | 60 | 42 | 22 | 8 | -66 | -47 | -16 | 15 | 106 | |
| 71 | 84 | 74 | 69 | 69 | 61 | 3 | 5 | 0 | 0 | |
| Trade Payables | 39 | 54 | 39 | 52 | 44 | 25 | 20 | 16 | 24 | 13 |
| 53 | 37 | 54 | 34 | 40 | 53 | 75 | 60 | 35 | 1 | |
| Total Liabilities | 242 | 251 | 224 | 192 | 176 | 89 | 67 | 99 | 117 | 179 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 56 | 48 | 42 | 34 | 29 | 24 | 21 | 25 | 21 | 28 | |
| 46 | 40 | 42 | 33 | 25 | 12 | 15 | 8 | 13 | 8 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60 | 131 | |
| Cash & Bank | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 29 | 0 | 0 |
| 137 | 162 | 140 | 124 | 122 | 52 | 31 | 38 | 22 | 12 | |
| Total Assets | 242 | 251 | 224 | 192 | 176 | 89 | 67 | 99 | 117 | 179 |
| Total Debt | 96 | 101 | 82 | 74 | 76 | 93 | 79 | 67 | 37 | 18 |
| Net Working Capital | 43 | 33 | 10 | -0 | -9 | -72 | 1 | 31 | 48 | 134 |
| Contingent Liabilities | 40 | 83 | 98 | 115 | 156 | 164 | 164 | 164 | 164 | 164 |
| Book Value per Share | 50.14 | 4.77 | 3.68 | 2.37 | 1.51 | -3.17 | -1.99 | 0.53 | 1.37 | 2.78 |
| Face Value | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 96 | 101 | 82 | 74 | 76 | 93 | 79 | 67 | 37 | 18 |
| Net Working Capital | 43 | 33 | 10 | -0 | -9 | -72 | 1 | 31 | 48 | 134 |
| Contingent Liabilities | 40 | 83 | 98 | 115 | 156 | 164 | 164 | 164 | 164 | 164 |
| Book Value per Share | 50.14 | 4.77 | 3.68 | 2.37 | 1.51 | -3.17 | -1.99 | 0.53 | 1.37 | 2.78 |
| Face Value | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 16
- 64
- 71
- Trade Payables
- 39
- 53
- Total Liabilities
- 242
- 56
- 46
- 0
- Cash & Bank
- 3
- 137
- Total Assets
- 242
- Total Debt
- 96
- Net Working Capital
- 43
- Contingent Liabilities
- 40
- Book Value per Share
- 50.14
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- 43
- Contingent Liabilities
- 40
- Book Value per Share
- 50.14
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 16
- 60
- 84
- Trade Payables
- 54
- 37
- Total Liabilities
- 251
- 48
- 40
- 0
- Cash & Bank
- 1
- 162
- Total Assets
- 251
- Total Debt
- 101
- Net Working Capital
- 33
- Contingent Liabilities
- 83
- Book Value per Share
- 4.77
- Face Value
- 1.00
- Total Debt
- 101
- Net Working Capital
- 33
- Contingent Liabilities
- 83
- Book Value per Share
- 4.77
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 16
- 42
- 74
- Trade Payables
- 39
- 54
- Total Liabilities
- 224
- 42
- 42
- 0
- Cash & Bank
- 0
- 140
- Total Assets
- 224
- Total Debt
- 82
- Net Working Capital
- 10
- Contingent Liabilities
- 98
- Book Value per Share
- 3.68
- Face Value
- 1.00
- Total Debt
- 82
- Net Working Capital
- 10
- Contingent Liabilities
- 98
- Book Value per Share
- 3.68
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 16
- 22
- 69
- Trade Payables
- 52
- 34
- Total Liabilities
- 192
- 34
- 33
- 0
- Cash & Bank
- 0
- 124
- Total Assets
- 192
- Total Debt
- 74
- Net Working Capital
- -0
- Contingent Liabilities
- 115
- Book Value per Share
- 2.37
- Face Value
- 1.00
- Total Debt
- 74
- Net Working Capital
- -0
- Contingent Liabilities
- 115
- Book Value per Share
- 2.37
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 16
- 8
- 69
- Trade Payables
- 44
- 40
- Total Liabilities
- 176
- 29
- 25
- 0
- Cash & Bank
- 0
- 122
- Total Assets
- 176
- Total Debt
- 76
- Net Working Capital
- -9
- Contingent Liabilities
- 156
- Book Value per Share
- 1.51
- Face Value
- 1.00
- Total Debt
- 76
- Net Working Capital
- -9
- Contingent Liabilities
- 156
- Book Value per Share
- 1.51
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 16
- -66
- 61
- Trade Payables
- 25
- 53
- Total Liabilities
- 89
- 24
- 12
- 0
- Cash & Bank
- 0
- 52
- Total Assets
- 89
- Total Debt
- 93
- Net Working Capital
- -72
- Contingent Liabilities
- 164
- Book Value per Share
- -3.17
- Face Value
- 1.00
- Total Debt
- 93
- Net Working Capital
- -72
- Contingent Liabilities
- 164
- Book Value per Share
- -3.17
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 16
- -47
- 3
- Trade Payables
- 20
- 75
- Total Liabilities
- 67
- 21
- 15
- 0
- Cash & Bank
- 0
- 31
- Total Assets
- 67
- Total Debt
- 79
- Net Working Capital
- 1
- Contingent Liabilities
- 164
- Book Value per Share
- -1.99
- Face Value
- 1.00
- Total Debt
- 79
- Net Working Capital
- 1
- Contingent Liabilities
- 164
- Book Value per Share
- -1.99
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 33
- -16
- 5
- Trade Payables
- 16
- 60
- Total Liabilities
- 99
- 25
- 8
- 0
- Cash & Bank
- 29
- 38
- Total Assets
- 99
- Total Debt
- 67
- Net Working Capital
- 31
- Contingent Liabilities
- 164
- Book Value per Share
- 0.53
- Face Value
- 1.00
- Total Debt
- 67
- Net Working Capital
- 31
- Contingent Liabilities
- 164
- Book Value per Share
- 0.53
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 42
- 15
- 0
- Trade Payables
- 24
- 35
- Total Liabilities
- 117
- 21
- 13
- 60
- Cash & Bank
- 0
- 22
- Total Assets
- 117
- Total Debt
- 37
- Net Working Capital
- 48
- Contingent Liabilities
- 164
- Book Value per Share
- 1.37
- Face Value
- 1.00
- Total Debt
- 37
- Net Working Capital
- 48
- Contingent Liabilities
- 164
- Book Value per Share
- 1.37
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 59
- 106
- 0
- Trade Payables
- 13
- 1
- Total Liabilities
- 179
- 28
- 8
- 131
- Cash & Bank
- 0
- 12
- Total Assets
- 179
- Total Debt
- 18
- Net Working Capital
- 134
- Contingent Liabilities
- 164
- Book Value per Share
- 2.78
- Face Value
- 1.00
- Total Debt
- 18
- Net Working Capital
- 134
- Contingent Liabilities
- 164
- Book Value per Share
- 2.78
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -3 | 4 | 20 | 8 | 4 | -11 | -21 | -0 | -32 | -47 | |
| Cash from Investing | 4 | -2 | -2 | 1 | 0 | 0 | 0 | -7 | -0 | -10 |
| Cash from Financing | -1 | -1 | -19 | -9 | -4 | 11 | 21 | 35 | 4 | 57 |
| -1 | 1 | -0 | -0 | 0 | -0 | 0 | 28 | -28 | -0 | |
| Free Cash Flow | -9 | 4 | 19 | 8 | 4 | -11 | -21 | -14 | -33 | -57 |
| OCF / Net Profit | 0.22 | -0.63 | -1.15 | -0.39 | -0.30 | 0.15 | 3.79 | -0.20 | -7.60 | -1.44 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 25 | 23 | -2 | -35 | -75 | -136 |
| OCF / Net Profit | 0.22 | -0.63 | -1.15 | -0.39 | -0.30 | 0.15 | 3.79 | -0.20 | -7.60 | -1.44 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 25 | 23 | -2 | -35 | -75 | -136 |
Mar 2016
- -3
- Cash from Investing
- 4
- Cash from Financing
- -1
- -1
- Free Cash Flow
- -9
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
Mar 2017
- 4
- Cash from Investing
- -2
- Cash from Financing
- -1
- 1
- Free Cash Flow
- 4
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 0
Mar 2018
- 20
- Cash from Investing
- -2
- Cash from Financing
- -19
- -0
- Free Cash Flow
- 19
- OCF / Net Profit
- -1.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.15
- Cumulative 5-Year FCF
- 0
Mar 2019
- 8
- Cash from Investing
- 1
- Cash from Financing
- -9
- -0
- Free Cash Flow
- 8
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- 0
Mar 2020
- 4
- Cash from Investing
- 0
- Cash from Financing
- -4
- 0
- Free Cash Flow
- 4
- OCF / Net Profit
- -0.30
- Cumulative 5-Year FCF
- 25
- OCF / Net Profit
- -0.30
- Cumulative 5-Year FCF
- 25
Mar 2021
- -11
- Cash from Investing
- 0
- Cash from Financing
- 11
- -0
- Free Cash Flow
- -11
- OCF / Net Profit
- 0.15
- Cumulative 5-Year FCF
- 23
- OCF / Net Profit
- 0.15
- Cumulative 5-Year FCF
- 23
Mar 2022
- -21
- Cash from Investing
- 0
- Cash from Financing
- 21
- 0
- Free Cash Flow
- -21
- OCF / Net Profit
- 3.79
- Cumulative 5-Year FCF
- -2
- OCF / Net Profit
- 3.79
- Cumulative 5-Year FCF
- -2
Mar 2023
- -0
- Cash from Investing
- -7
- Cash from Financing
- 35
- 28
- Free Cash Flow
- -14
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- -35
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- -35
Mar 2024
- -32
- Cash from Investing
- -0
- Cash from Financing
- 4
- -28
- Free Cash Flow
- -33
- OCF / Net Profit
- -7.60
- Cumulative 5-Year FCF
- -75
- OCF / Net Profit
- -7.60
- Cumulative 5-Year FCF
- -75
Mar 2025
- -47
- Cash from Investing
- -10
- Cash from Financing
- 57
- -0
- Free Cash Flow
- -57
- OCF / Net Profit
- -1.44
- Cumulative 5-Year FCF
- -136
- OCF / Net Profit
- -1.44
- Cumulative 5-Year FCF
- -136
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -8.42 | -0.38 | -1.13 | -1.28 | -0.86 | -4.70 | -0.36 | 0.05 | 0.10 | 0.55 |
| Book Value (₹) | 50.14 | 4.77 | 3.68 | 2.37 | 1.51 | -3.17 | -1.99 | 0.53 | 1.37 | 2.78 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -0.14 | 0.17 | -0.52 | -0.71 | -0.43 | -3.62 | -0.10 | 0.14 | 0.19 | 0.61 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 3.81% | 6.95% | -2.63% | -1.76% | -6.42% | -648.80% | -33.19% | 7.42% | 3.71% | 6.35% |
| Net Margin % | -7.25% | -3.49% | -18.72% | -13.72% | -21.15% | -591.03% | -28.10% | 4.15% | 4.41% | 18.51% |
| ROE % | -15.49% | -7.79% | -26.63% | -42.38% | -44.61% | 0.00% | 0.00% | 0.00% | 11.35% | 29.26% |
| ROCE % | -2.02% | 1.61% | -6.57% | -11.86% | -9.18% | -121.40% | 2.01% | 0.06% | 4.93% | 25.55% |
| -5.44% | -2.44% | -7.49% | -9.75% | -7.43% | -56.13% | -7.21% | 1.99% | 3.96% | 22.02% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 206 | 256 | 471 | 274 | 621 | 2179 | 546 | 206 | 161 | 198 |
| Inventory Days | 93 | 91 | 157 | 93 | 165 | 538 | 245 | 104 | 39 | 22 |
| Payable Days | 106 | 132 | 225 | 123 | 296 | 538 | 449 | 176 | 87 | 44 |
| 192 | 215 | 404 | 244 | 489 | 2178 | 343 | 135 | 113 | 176 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.21x | 1.34x | 1.40x | 1.98x | 3.17x | -1.85x | -2.51x | 3.82x | 0.64x | 0.11x |
| Interest Coverage (x) | -0.31x | 0.23x | -1.02x | -2.26x | -1.63x | -13.96x | 1.68x | 0.12x | 309.03x | 889.31x |
| 1.32x | 1.21x | 1.06x | 1.00x | 0.94x | 0.46x | 1.02x | 1.77x | 2.09x | 10.04x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -12.23% | 8.59% | -45.00% | 55.42% | -56.24% | -80.56% | 59.26% | 98.98% | 142.66% | 82.04% |
| Operating Profit Growth % | -58.48% | 71.59% | -120.81% | -4.04% | -59.66% | -1864.36% | 91.85% | 144.46% | 168.56% | 78.82% |
| Net Profit Growth % | 0.00% | 54.74% | -195.44% | -13.94% | 32.56% | -443.31% | 92.43% | 129.36% | 157.78% | 664.68% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 104.15% | 439.94% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 29.90x | 5.23x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.22x | 1.03x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.61x | 13.24x |
Mar 2016
- EPS (₹)
- -8.42
- Book Value (₹)
- 50.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.14
- Operating Margin %
- 3.81%
- Net Margin %
- -7.25%
- ROE %
- -15.49%
- ROCE %
- -2.02%
- -5.44%
- Debtor Days
- 206
- Inventory Days
- 93
- Payable Days
- 106
- 192
- Debt to Equity (x)
- 1.21x
- Interest Coverage (x)
- -0.31x
- 1.32x
- Revenue Growth %
- -12.23%
- Operating Profit Growth %
- -58.48%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -0.38
- Book Value (₹)
- 4.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.17
- Operating Margin %
- 6.95%
- Net Margin %
- -3.49%
- ROE %
- -7.79%
- ROCE %
- 1.61%
- -2.44%
- Debtor Days
- 256
- Inventory Days
- 91
- Payable Days
- 132
- 215
- Debt to Equity (x)
- 1.34x
- Interest Coverage (x)
- 0.23x
- 1.21x
- Revenue Growth %
- 8.59%
- Operating Profit Growth %
- 71.59%
- Net Profit Growth %
- 54.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -1.13
- Book Value (₹)
- 3.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.52
- Operating Margin %
- -2.63%
- Net Margin %
- -18.72%
- ROE %
- -26.63%
- ROCE %
- -6.57%
- -7.49%
- Debtor Days
- 471
- Inventory Days
- 157
- Payable Days
- 225
- 404
- Debt to Equity (x)
- 1.40x
- Interest Coverage (x)
- -1.02x
- 1.06x
- Revenue Growth %
- -45.00%
- Operating Profit Growth %
- -120.81%
- Net Profit Growth %
- -195.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -1.28
- Book Value (₹)
- 2.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.71
- Operating Margin %
- -1.76%
- Net Margin %
- -13.72%
- ROE %
- -42.38%
- ROCE %
- -11.86%
- -9.75%
- Debtor Days
- 274
- Inventory Days
- 93
- Payable Days
- 123
- 244
- Debt to Equity (x)
- 1.98x
- Interest Coverage (x)
- -2.26x
- 1.00x
- Revenue Growth %
- 55.42%
- Operating Profit Growth %
- -4.04%
- Net Profit Growth %
- -13.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -0.86
- Book Value (₹)
- 1.51
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.43
- Operating Margin %
- -6.42%
- Net Margin %
- -21.15%
- ROE %
- -44.61%
- ROCE %
- -9.18%
- -7.43%
- Debtor Days
- 621
- Inventory Days
- 165
- Payable Days
- 296
- 489
- Debt to Equity (x)
- 3.17x
- Interest Coverage (x)
- -1.63x
- 0.94x
- Revenue Growth %
- -56.24%
- Operating Profit Growth %
- -59.66%
- Net Profit Growth %
- 32.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -4.70
- Book Value (₹)
- -3.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.62
- Operating Margin %
- -648.80%
- Net Margin %
- -591.03%
- ROE %
- 0.00%
- ROCE %
- -121.40%
- -56.13%
- Debtor Days
- 2179
- Inventory Days
- 538
- Payable Days
- 538
- 2178
- Debt to Equity (x)
- -1.85x
- Interest Coverage (x)
- -13.96x
- 0.46x
- Revenue Growth %
- -80.56%
- Operating Profit Growth %
- -1864.36%
- Net Profit Growth %
- -443.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -0.36
- Book Value (₹)
- -1.99
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.10
- Operating Margin %
- -33.19%
- Net Margin %
- -28.10%
- ROE %
- 0.00%
- ROCE %
- 2.01%
- -7.21%
- Debtor Days
- 546
- Inventory Days
- 245
- Payable Days
- 449
- 343
- Debt to Equity (x)
- -2.51x
- Interest Coverage (x)
- 1.68x
- 1.02x
- Revenue Growth %
- 59.26%
- Operating Profit Growth %
- 91.85%
- Net Profit Growth %
- 92.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.05
- Book Value (₹)
- 0.53
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.14
- Operating Margin %
- 7.42%
- Net Margin %
- 4.15%
- ROE %
- 0.00%
- ROCE %
- 0.06%
- 1.99%
- Debtor Days
- 206
- Inventory Days
- 104
- Payable Days
- 176
- 135
- Debt to Equity (x)
- 3.82x
- Interest Coverage (x)
- 0.12x
- 1.77x
- Revenue Growth %
- 98.98%
- Operating Profit Growth %
- 144.46%
- Net Profit Growth %
- 129.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.10
- Book Value (₹)
- 1.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.19
- Operating Margin %
- 3.71%
- Net Margin %
- 4.41%
- ROE %
- 11.35%
- ROCE %
- 4.93%
- 3.96%
- Debtor Days
- 161
- Inventory Days
- 39
- Payable Days
- 87
- 113
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 309.03x
- 2.09x
- Revenue Growth %
- 142.66%
- Operating Profit Growth %
- 168.56%
- Net Profit Growth %
- 157.78%
- 104.15%
- P/E (x)
- 29.90x
- P/B (x)
- 2.22x
- Dividend Yield %
- 0.00%
- 20.61x
Mar 2025
- EPS (₹)
- 0.55
- Book Value (₹)
- 2.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.61
- Operating Margin %
- 6.35%
- Net Margin %
- 18.51%
- ROE %
- 29.26%
- ROCE %
- 25.55%
- 22.02%
- Debtor Days
- 198
- Inventory Days
- 22
- Payable Days
- 44
- 176
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 889.31x
- 10.04x
- Revenue Growth %
- 82.04%
- Operating Profit Growth %
- 78.82%
- Net Profit Growth %
- 664.68%
- 439.94%
- P/E (x)
- 5.23x
- P/B (x)
- 1.03x
- Dividend Yield %
- 0.00%
- 13.24x
Documents
Announcements
- Delay/default in the payment of fines/penalties/dues etc. to authority
2026-08-17 - Shah Metacorp Limited has informed the Exchange about Delay/default in the payment of fines/penalties/dues etc. to authority
- Copy of Newspaper Publication
2026-08-16 - Shah Metacorp Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jan 2023