Sharat Industries Limited
NSE: SHINDLSeafood
Share price
₹155.80
-1.64% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
56
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹608 Cr
P/E ratio
36.1
P/B ratio
4.0
ROCE
12.9%
ROE
11.0%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 30.5% over the past year, and 19.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.0% to 7.1% over the last three years.
Whether it grew faster than its sector
It grew 19.5% a year against a sector median of 9.9% — 9.6 percentage points faster.
Room to re-rate, or risk of de-rating
At 36.1× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 86.4×, across 5 companies. It is against its own five-year median of 36.8×, the 47th percentile of its own range.
Whether growth justifies the valuation
Priced at 1.0 times its growth rate, on earnings growth of 35%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Sharat Industries Limited — this one | 35%/yr | 36.1× | ₹1.0 |
| Radico Khaitan Limited | 41%/yr | 86.4× | ₹2.1 |
| Colgate-Palmolive India | 8%/yr | 36.4× | ₹4.6 |
| Cupid Limited | — | 358.1× | — |
| Patanjali Foods Limited | — | 18.1× | — |
| United Breweries Limited | 2%/yr | 87.8× | ₹43.9 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies across the whole Fast Moving Consumer Goods sector, it ranks 82 of 177 on returns, 29 of 173 on growth, 115 of 178 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 12.9% on capital, ahead of 54% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years the business itself consumed ₹8 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹89 crore to ₹126 crore. And the profit is not backed by cash: it reported a profit over 5 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 42 days for its cash to waiting 78 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
7 of 9 checks clear · 78%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 10 Aug 2026 · Consolidated · Unaudited
Revenue
₹120 Cr
Revenue vs last year
+4.4%
Revenue vs last quarter
+2.6%
Net profit
₹6 Cr
Profit vs last year
+16.9%
Profit vs last quarter
+12459.6%
Net margin
5.2%
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹608 Cr
- Prev close
- ₹155.80
- 52w High
- ₹180
- 52w Low
- ₹121
- Enterprise value
- ₹714 Cr
- Beta
- 0.6
- Price CAGR 1y
- 27.0%
- Price CAGR 3y
- 62.0%
- Price CAGR 5y
- 34.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 5.1%
- PEG ratio
- 1.0
- P/E ratio
- 36.1
- P/B ratio
- 4.0
- EV / EBITDA
- 18.9
- Industry P/E
- 21.1
- ROCE
- 12.9%
- ROCE 5y average
- 11.5%
- ROE
- 11.0%
- Debt / Equity
- 0.8
- Interest coverage
- 2.9
- Dividend yield
- 0.0%
- ROE 3y average
- 9.0%
- ROE last year
- 11.0%
Annual P&L
- Annual revenue
- ₹525 Cr
- Annual profit
- ₹16 Cr
- Operating margin
- 7.0%
- Net profit margin
- 3.0%
- EBITDA margin
- 6.9%
- Sales growth 3y
- 16.5%
- Sales growth 5y
- —
- Profit growth 3y
- 35.0%
- Profit growth 5y
- —
- EPS
- ₹4.1
- Sales growth TTM
- 31.0%
- Profit growth TTM
- 37.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹120 Cr
- Profit latest quarter
- ₹6 Cr
- YoY quarterly sales growth
- 4.4%
- YoY quarterly profit growth
- 16.9%
- OPM latest quarter
- 10.8%
Balance Sheet
- Book Value
- ₹39.5
- Face Value
- ₹10.0
- Total debt
- ₹126 Cr
- Total cash
- ₹20 Cr
- Borrowings
- ₹126 Cr
- Reserves / Equity
- 2.9
Cash Flow
- Operating cash flow
- ₹1 Cr
- Free cash flow
- -₹5 Cr
- FCF yield
- -2.8%
- Net cash flow
- -₹5 Cr
Shareholding
- Promoter holding
- 45.0%
- FII holding
- 0.1%
- DII holding
- 0.6%
- Public holding
- 54.3%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Apex Frozen Food | 332.00 | 21.0 | 1,038 | 0.74 | 21.7 | 138.1 | 256.5 | -0.6 | 10.4 |
| Sharat Industrie | 154.85 | 36.1 | 607 | 0.00 | 6.3 | 16.9 | 120.3 | 4.4 | 12.9 |
| Coastal Corporat | 34.80 | 7.2 | 233 | 0.82 | 11.6 | 100.9 | 253.9 | 38.2 | 9.6 |
| Waterbase | 45.30 | 188 | 0.00 | 1.2 | 136.2 | 121.5 | 39.4 | -7.4 | |
| Kings Infra | 63.95 | 10.5 | 157 | 0.00 | 2.3 | -37.9 | 30.5 | -10.8 | 19.8 |
| Zeal Aqua | 10.28 | 8.8 | 130 | 0.00 | 2.2 | 39.6 | 150.9 | 21.8 | 14.9 |
| Essex Marine | 49.75 | 11.9 | 76 | 0.00 | 3.0 | 0.0 | 28.0 | 13.9 | 20.3 |
| NCC Blue Water | 26.00 | 65.0 | 20 | 0.00 | 0.1 | 33.3 | 0.0 | 2.9 | |
| Median | 54.62 | 10.5 | 210 | 0.00 | 4.3 | 70.2 | 136.2 | 13.1 | 11.7 |
Competes with: Apex Frozen Foods Limited, Coastal Corporation Limited, Waterbase Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 80 | 97 | 61 | 65 | 90 | 100 | 96 | 94 | 115 | 150 | 143 | 117 | 120 |
| Expenses | 74 | 90 | 56 | 61 | 82 | 91 | 89 | 90 | 104 | 138 | 133 | 114 | 107 |
| Material Cost | 100 | ||||||||||||
| Change in Inventories | -10 | ||||||||||||
| Purchases of Stock-in-Trade | 0 | ||||||||||||
| Employee Cost | 2.51 | ||||||||||||
| Other Expenses | 15 | ||||||||||||
| Operating Profit | 5.78 | 7.20 | 4.70 | 3.53 | 7.38 | 9.21 | 7.80 | 4.17 | 11 | 12 | 9.51 | 3.33 | 13 |
| OPM % | 7.23 | 7.43 | 7.74 | 5.46 | 8.21 | 9.18 | 8.09 | 4.44 | 9.76 | 7.97 | 6.67 | 2.84 | 11 |
| Other Income | 0.17 | 0.42 | 0.09 | -0.14 | 0.30 | 0.22 | 0.20 | 1.04 | 0.20 | 0.30 | 1.67 | 0.85 | -0.09 |
| Exceptional items (within Other Income) | 0 | ||||||||||||
| Interest | 2.31 | 2.52 | 2.40 | 2.16 | 2.24 | 2.84 | 3.15 | 3.24 | 2.81 | 2.81 | 3.25 | 2.86 | 2.76 |
| Depreciation | 1.15 | 1.18 | 1.17 | 1.20 | 1.21 | 1.17 | 1.21 | 1.24 | 1.19 | 1.20 | 1.25 | 1.17 | 1.26 |
| Profit before tax | 2.49 | 3.92 | 1.22 | 0.03 | 4.23 | 5.42 | 3.64 | 0.73 | 7.44 | 8.23 | 6.68 | 0.15 | 8.86 |
| Tax % | 28 | 28 | 25 | -1,100 | 28 | 31 | 27 | 26 | 28 | 30 | 29 | 73 | 29 |
| Net Profit | 1.80 | 2.81 | 0.91 | 0.36 | 3.06 | 3.73 | 2.64 | 0.53 | 5.37 | 5.74 | 4.74 | 0.05 | 6.28 |
| EPS in Rs | 0.46 | 0.71 | 0.23 | 0.09 | 0.77 | 0.94 | 0.67 | 0.14 | 1.38 | 1.46 | 1.21 | 0.01 | 1.60 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 246 | 332 | 302 | 381 | 525 | 530 |
| Expenses | 233 | 313 | 281 | 352 | 489 | 492 |
| Operating Profit | 14 | 19 | 21 | 29 | 36 | 38 |
| OPM % | 6 | 6 | 7 | 8 | 7 | 7 |
| Other Income | 1 | 3 | 1 | 2 | 3 | 3 |
| Interest | 6 | 9 | 10 | 11 | 12 | 12 |
| Depreciation | 4 | 4 | 4.70 | 4.82 | 5 | 5 |
| Profit before tax | 5 | 9 | 7.66 | 14 | 23 | 24 |
| Tax % | 23 | 28 | 23 | 29 | 29 | |
| Net Profit | 3 | 6 | 5.87 | 9.96 | 16 | 17 |
| EPS in Rs | 0.88 | 1.65 | 1.49 | 2.65 | 4.05 | 4.28 |
| Dividend Payout % | 0 | 0 | 10 | 10 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 17%
- TTM
- 31%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 35%
- TTM
- 37%
Stock price CAGR
- 10 years
- —
- 5 years
- 34%
- 3 years
- 62%
- 1 year
- 27%
Return on equity
- 10 years
- —
- 5 years
- 9%
- 3 years
- 9%
- Last year
- 11%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 38 | 39 |
| Reserves | 46 | 55 | 60 | 99 | 115 |
| Borrowings | 89 | 89 | 96 | 113 | 126 |
| Other Liabilities | 27 | 30 | 24 | 30 | 36 |
| Total Liabilities | 186 | 198 | 204 | 279 | 316 |
| Fixed Assets | 46 | 49 | 46 | 43 | 46 |
| CWIP | 3 | 1 | 2 | 2 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 138 | 147 | 156 | 234 | 269 |
| Total Assets | 186 | 198 | 204 | 279 | 316 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | 17 | -2 | -26 | 1 |
| Cash from Investing Activity | -8 | -6 | -2 | -2 | -9 |
| Cash from Financing Activity | 9 | -7 | -4 | 48 | 3 |
| Net Cash Flow | 3 | 4 | -7 | 20 | -5 |
| Free Cash Flow | -6 | 11 | -3 | -28 | -5 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 84 | 62 | 68 | 93 | 70 |
| Inventory Days | 114 | 82 | 106 | 96 | 96 |
| Days Payable | 26 | 24 | 19 | 21 | 18 |
| Cash Conversion Cycle | 172 | 120 | 155 | 168 | 148 |
| Working Capital Days | 42 | 30 | 47 | 69 | 78 |
| ROCE % | 11 | 10 | 12 | 13 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
106inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Sharat Industries Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Uses as raw material
- De-fatted soya flour / soybean meal
- Fish meal
- Power and fuel for the feed mill, processing plant and cold storage
- Raw vannamei and black tiger shrimp from own, contract and partner farms and local farmers
- Shrimp broodstock and seed (vannamei post-larvae)
- Wheat flour / maida (feed binder)
Depends on the price of
- Seafood
- fuel
Sells to
- ETERNAL LIMITED · raw frozen shrimp for the domestic B2B channel
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Fast Moving Consumer Goods
- Industry
- Seafood
- Classification
- Fast Moving Consumer Goods › Seafood
- ISIN
- INE220Z01013
Plants
- Shrimp farms (own and contract farming)
- Shrimp feed mill
- Shrimp hatchery
- Shrimp processing plant and cold storage
News impact
Big market events that reach Sharat Industries Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 1 Sep 2026 | RAASHA FINCAP PRIVATE LIMITED | SELL | 3,16,397 | ₹162.00 |
| 1 Sep 2026 | MINERVA VENTURES FUND | BUY | 2,00,000 | ₹162.24 |
| 13 Aug 2026 | MUSADDI BROTHERS & CO | SELL | 2,85,400 | ₹162.00 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.