Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Sharat Industries Limited

NSE: SHINDLSeafood

Share price

₹155.80

-1.64% close of 9 Oct 2026

Market cap ₹608 CrP/E 36.1

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.

Prices as of 9 Oct 2026 close52-week high ₹175.1052-week low ₹124.20

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 growthPrice per ₹1 profitPer 1% growth
Sharat Industries Limited — this one35%/yr36.1×₹1.0
Radico Khaitan Limited41%/yr86.4×₹2.1
Colgate-Palmolive India8%/yr36.4×₹4.6
Cupid Limited—358.1×—
Patanjali Foods Limited—18.1×—
United Breweries Limited2%/yr87.8×₹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

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Apex Frozen Food332.0021.01,0380.7421.7138.1256.5-0.610.4
Sharat Industrie154.8536.16070.006.316.9120.34.412.9
Coastal Corporat34.807.22330.8211.6100.9253.938.29.6
Waterbase45.301880.001.2136.2121.539.4-7.4
Kings Infra63.9510.51570.002.3-37.930.5-10.819.8
Zeal Aqua10.288.81300.002.239.6150.921.814.9
Essex Marine49.7511.9760.003.00.028.013.920.3
NCC Blue Water26.0065.0200.000.133.30.02.9
Median54.6210.52100.004.370.2136.213.111.7

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.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales80976165901009694115150143117120
Expenses7490566182918990104138133114107
Material Cost100
Change in Inventories-10
Purchases of Stock-in-Trade0
Employee Cost2.51
Other Expenses15
Operating Profit5.787.204.703.537.389.217.804.1711129.513.3313
OPM %7.237.437.745.468.219.188.094.449.767.976.672.8411
Other Income0.170.420.09-0.140.300.220.201.040.200.301.670.85-0.09
Exceptional items (within Other Income)0
Interest2.312.522.402.162.242.843.153.242.812.813.252.862.76
Depreciation1.151.181.171.201.211.171.211.241.191.201.251.171.26
Profit before tax2.493.921.220.034.235.423.640.737.448.236.680.158.86
Tax %282825-1,100283127262830297329
Net Profit1.802.810.910.363.063.732.640.535.375.744.740.056.28
EPS in Rs0.460.710.230.090.770.940.670.141.381.461.210.011.60

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales246332302381525530
Expenses233313281352489492
Operating Profit141921293638
OPM %667877
Other Income131233
Interest6910111212
Depreciation444.704.8255
Profit before tax597.66142324
Tax %2328232929
Net Profit365.879.961617
EPS in Rs0.881.651.492.654.054.28
Dividend Payout %0010100

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.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2424243839
Reserves46556099115
Borrowings898996113126
Other Liabilities2730243036
Total Liabilities186198204279316
Fixed Assets4649464346
CWIP31221
Investments00000
Other Assets138147156234269
Total Assets186198204279316

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity217-2-261
Cash from Investing Activity-8-6-2-2-9
Cash from Financing Activity9-7-4483
Net Cash Flow34-720-5
Free Cash Flow-611-3-28-5

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8462689370
Inventory Days114821069696
Days Payable2624192118
Cash Conversion Cycle172120155168148
Working Capital Days4230476978
ROCE %11101213

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters393939394444444444444545
FIIs00000.230.200.200.200.18000.07
DIIs0.360.360.360.360.220.220.220.220.220.220.590.59
Public616161615656565656555454
No. of Shareholders36,88037,02337,37737,36238,23438,48238,56438,18738,03237,47737,44837,282

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +25.4% (₹124.20 → ₹155.80)Brick size ₹4.76 (fixed)Bricks 20
₹140₹156Nov '25Feb '26Jun '26
Price moved up one brickPrice moved down one brickLast close ₹155.80 on 9 Oct 2026

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

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

DateWhoBought / soldSharesPrice
1 Sep 2026RAASHA FINCAP PRIVATE LIMITEDSELL3,16,397₹162.00
1 Sep 2026MINERVA VENTURES FUNDBUY2,00,000₹162.24
13 Aug 2026MUSADDI BROTHERS & COSELL2,85,400₹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.