Market Cap ₹161 Cr.
Stock P/E -34.6
P/B 3.3
Current Price ₹3.8
Book Value ₹ 1.2
Face Value 1
52W High ₹5.5
Dividend Yield 0%
52W Low ₹ 2.5
Shah Metacorp Limited is a public company that has been in the steel industry for over two decades. It was originally called Gyscoal Alloys Limited and started as a private company in 1999. It traded iron and steel scraps, billets and steel long products. Later, they diversified into manufacturing stainless steel and mild steel long products from scrap. Company portfolio includes a wide range of products, such as angles, bright bars, black bars, flats, hexagonal and round corner squares. The company is led by its promoters, Mona Viral Shah and Hemang Harshadbhai Shah, who own most of the shares. Clientele includes Gas Authority of India, Naolin Infrastructure, Rasha Infrastructure, and Arrow Constructions. The company has achieved several milestones, such as getting ISO 9001:2015 certification, being one of the Top 100 SME awarded by INDIA SME FORM 2013, and improving its revenue, profit and return ratios in the last three financial years. The company’s headquarters are located in Mehsana, Gujarat.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 5 | 7 | 4 | 1 | 3 | 15 | 21 | 16 | 21 | 13 |
| Other Income | 2 | 2 | -3 | 3 | 3 | 1 | 0 | 3 | 1 | 0 |
| Total Income | 7 | 9 | 1 | 4 | 6 | 17 | 21 | 19 | 22 | 13 |
| Total Expenditure | 5 | 7 | 13 | 3 | 4 | 14 | 27 | 17 | 21 | 11 |
| Operating Profit | 2 | 2 | -12 | 1 | 2 | 3 | -7 | 2 | 2 | 2 |
| Interest | 1 | 1 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Income / Expenses | 11 | 0 | -11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 11 | 0 | -23 | 0 | 1 | 2 | -7 | 1 | 1 | 1 |
| Provision for Tax | 6 | 0 | -6 | -0 | -0 | -0 | -1 | 0 | 0 | 0 |
| Profit After Tax | 5 | 0 | -16 | 1 | 1 | 2 | -6 | 1 | 1 | 1 |
| Adjustments | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 5 | 0 | -16 | 1 | 1 | 2 | -6 | 1 | 1 | 1 |
| Adjusted Earnings Per Share | 0.3 | 0 | -0.8 | 0 | 0.1 | 0.1 | -0.2 | 0 | 0 | 0 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 299 | 284 | 182 | 159 | 173 | 95 | 148 | 65 | 13 | 20 | 40 | 71 |
| Other Income | 2 | 4 | 2 | 5 | 0 | 0 | 7 | 9 | 0 | 3 | 7 | 4 |
| Total Income | 300 | 289 | 183 | 164 | 173 | 95 | 155 | 73 | 13 | 23 | 47 | 75 |
| Total Expenditure | 284 | 273 | 166 | 157 | 161 | 98 | 157 | 78 | 94 | 30 | 44 | 76 |
| Operating Profit | 17 | 16 | 17 | 7 | 12 | -3 | -3 | -4 | -82 | -7 | 3 | -1 |
| Interest | 10 | 11 | 11 | 12 | 12 | 10 | 7 | 6 | 6 | 1 | 0 | 0 |
| Depreciation | 4 | 4 | 6 | 11 | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -6 | 0 | 0 | 11 | 0 | 0 |
| Profit Before Tax | 3 | 1 | 1 | -15 | -9 | -21 | -22 | -16 | -92 | 0 | -0 | -4 |
| Provision for Tax | 1 | 0 | 1 | -2 | -3 | -3 | -1 | -2 | -18 | 6 | -2 | -1 |
| Profit After Tax | 2 | 1 | -0 | -13 | -6 | -18 | -20 | -14 | -74 | -6 | 2 | -3 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 1 | 0 | -13 | -6 | -18 | -20 | -14 | -74 | -6 | 2 | -3 |
| Adjusted Earnings Per Share | 0.1 | 0 | 0 | -0.7 | -0.3 | -0.9 | -1.1 | -0.7 | -3.9 | -0.3 | 0 | -0.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 100% | -15% | -16% | -18% |
| Operating Profit CAGR | 0% | 0% | 0% | -16% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 24% | 10% | 2% | -1% |
| ROE Average | 0% | 0% | -17% | -12% |
| ROCE Average | 0% | -40% | -28% | -12% |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 92 | 93 | 93 | 79 | 75 | 58 | 37 | 24 | -50 | -31 | 18 |
| Minority's Interest | 0 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 29 | 23 | 20 | 24 | 17 | 8 | 5 | 7 | 32 | 76 | 62 |
| Other Non-Current Liabilities | 5 | 5 | 5 | 5 | -1 | -4 | -5 | -7 | -25 | -19 | -21 |
| Total Current Liabilities | 87 | 137 | 127 | 132 | 159 | 162 | 155 | 152 | 133 | 43 | 40 |
| Total Liabilities | 213 | 260 | 247 | 242 | 251 | 224 | 192 | 176 | 89 | 67 | 99 |
| Fixed Assets | 28 | 30 | 61 | 56 | 48 | 42 | 34 | 29 | 24 | 21 | 25 |
| Other Non-Current Assets | 62 | 68 | 23 | 11 | 11 | 10 | 4 | 4 | 4 | 3 | 3 |
| Total Current Assets | 123 | 162 | 164 | 175 | 193 | 173 | 154 | 143 | 61 | 43 | 71 |
| Total Assets | 213 | 260 | 247 | 242 | 251 | 224 | 192 | 176 | 89 | 67 | 99 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 5 | 6 | 9 | 3 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 8 | 23 | -7 | -3 | 4 | 20 | 8 | 4 | -11 | -21 | -0 |
| Cash Flow from Investing Activities | -7 | -10 | 5 | 4 | -2 | -2 | 1 | 0 | 0 | 0 | -7 |
| Cash Flow from Financing Activities | -1 | -10 | -3 | -1 | -1 | -19 | -9 | -4 | 11 | 21 | 35 |
| Net Cash Inflow / Outflow | 0 | 3 | -6 | -1 | 1 | -0 | -0 | 0 | -0 | 0 | 28 |
| Closing Cash & Cash Equivalent | 6 | 9 | 3 | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 29 |
| # | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.08 | 0.03 | 0.01 | -0.7 | -0.31 | -0.93 | -1.06 | -0.71 | -3.88 | -0.29 | 0.05 |
| CEPS(Rs) | 0.27 | 0.24 | 0.29 | -0.14 | 0.17 | -0.52 | -0.71 | -0.43 | -3.65 | -0.1 | 0.14 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 4.81 | 4.84 | 4.84 | 4.15 | 3.94 | 3.05 | 1.96 | 1.25 | -2.62 | -1.64 | 0.53 |
| Core EBITDA Margin(%) | 4.6 | 3.63 | 7.62 | 1.32 | 6.83 | -2.79 | -6.28 | -19.95 | -650.65 | -47.58 | -10.15 |
| EBIT Margin(%) | 3.97 | 3.74 | 5.71 | -1.94 | 1.63 | -10.92 | -10.09 | -14.98 | -684.92 | 4.52 | 0.1 |
| Pre Tax Margin(%) | 0.78 | 0.28 | 0.4 | -8.3 | -5.37 | -21.64 | -14.56 | -24.19 | -733.98 | 1.83 | -0.72 |
| PAT Margin (%) | 0.48 | 0.18 | -0 | -7.25 | -3.49 | -18.72 | -13.72 | -21.15 | -591.03 | -28.1 | 4.15 |
| Cash Profit Margin (%) | 1.61 | 1.51 | 2.81 | -1.49 | 1.83 | -10.43 | -9.23 | -12.59 | -554.92 | -9.79 | 11.47 |
| ROA(%) | 0.74 | 0.23 | -0 | -5.44 | -2.44 | -7.49 | -9.75 | -7.43 | -56.13 | -7.21 | 1.99 |
| ROE(%) | 1.71 | 0.6 | -0.01 | -15.49 | -7.79 | -26.63 | -42.38 | -44.61 | 0 | 0 | 0 |
| ROCE(%) | 7.57 | 6.76 | 6.45 | -2.02 | 1.61 | -6.57 | -11.86 | -9.18 | -121.4 | 2.01 | 0.06 |
| Receivable days | 45.05 | 72.23 | 166.44 | 205.57 | 256.09 | 471.45 | 274.2 | 620.99 | 2179.02 | 546.23 | 206.33 |
| Inventory Days | 66.65 | 69.94 | 97.81 | 92.51 | 91.07 | 157.22 | 92.88 | 164.61 | 537.6 | 245.26 | 104.19 |
| Payable days | 46.7 | 69.63 | 131.65 | 106.21 | 131.98 | 224.84 | 123.1 | 296.31 | 538.42 | 448.82 | 175.88 |
| PER(x) | 20.18 | 143.28 | 441.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.59 |
| Price/Book(x) | 0.35 | 0.85 | 0.47 | 0.66 | 2.38 | 1.71 | 2.09 | 0.83 | -0.62 | -1.78 | 4.55 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.35 | 0.53 | 0.69 | 0.91 | 1.62 | 1.9 | 1.03 | 1.47 | 9.82 | 6.72 | 2.99 |
| EV/Core EBITDA(x) | 6.32 | 9.5 | 7.45 | 20.7 | 23.26 | -72.32 | -58.57 | -22.87 | -1.51 | -20.24 | 40.33 |
| Net Sales Growth(%) | 0 | -4.82 | -36.17 | -12.23 | 8.59 | -45 | 55.42 | -56.24 | -80.56 | 59.26 | 98.98 |
| EBIT Growth(%) | 0 | -10.5 | -2.53 | -131.62 | 179.02 | -468.31 | -43.57 | 35.04 | -788.91 | 101.05 | -95.75 |
| PAT Growth(%) | 0 | -65.08 | -101.72 | 0 | 54.74 | -195.44 | -13.94 | 32.56 | -443.31 | 92.43 | 129.36 |
| EPS Growth(%) | 0 | -65.08 | -82.18 | 0 | 54.74 | -195.45 | -13.94 | 32.56 | -443.31 | 92.43 | 116.93 |
| Debt/Equity(x) | 0.86 | 0.86 | 0.92 | 1.21 | 1.34 | 1.4 | 1.98 | 3.17 | -1.85 | -2.51 | 3.82 |
| Current Ratio(x) | 1.41 | 1.18 | 1.29 | 1.32 | 1.21 | 1.06 | 1 | 0.94 | 0.46 | 1.02 | 1.77 |
| Quick Ratio(x) | 0.73 | 0.75 | 0.92 | 0.97 | 0.96 | 0.81 | 0.78 | 0.78 | 0.37 | 0.67 | 1.58 |
| Interest Cover(x) | 1.25 | 1.08 | 1.07 | -0.31 | 0.23 | -1.02 | -2.26 | -1.63 | -13.96 | 1.68 | 0.12 |
| Total Debt/Mcap(x) | 2.48 | 1.01 | 1.98 | 1.84 | 0.56 | 0.82 | 0.95 | 3.82 | 2.99 | 1.42 | 0.84 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 51.5 | 51.56 | 51.56 | 38.19 | 38.19 | 39.52 | 39.52 | 36.16 | 36.16 | 36.2 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 48.5 | 48.44 | 48.44 | 61.81 | 61.8 | 60.48 | 60.48 | 63.83 | 63.83 | 63.8 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 8.15 | 8.16 | 8.16 | 6.04 | 6.04 | 13.14 | 13.14 | 15.16 | 15.16 | 15.18 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 7.68 | 7.67 | 7.67 | 9.78 | 9.78 | 20.1 | 20.1 | 26.75 | 26.75 | 26.75 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 33.24 | 33.24 | 41.91 | 41.91 | 41.93 |
Pros
Cons
* 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.
Sell or Purchase Share (Tentative Price)
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
