Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹98 Cr.
Stock P/E
24.4
P/B
—
Current Price
₹108.5
Book Value
₹ 0
Face Value
10
52W High
₹142.9
52W Low
₹ 83.8
Dividend Yield
0.92%

Shetron Overview

Business

Shetron Ltd. operates within the Engineering - Industrial Equipments sector in India. Its core business likely involves the design, manufacturing, supply, and potentially installation and servicing of various industrial equipment, machinery, components, or systems. The company's business model is primarily B2B (business-to-business), catering to other industries such as manufacturing, infrastructure, energy, and processing sectors that require specialized machinery and equipment for their operations. Shetron Ltd. makes money through the sale of its manufactured products, spare parts, and potentially through after-sales services, maintenance contracts, or project-based engineering solutions.

Revenue Mix

Without specific company data, the major business segments are not available. Typically, companies in the industrial equipment sector may categorize their revenue by different product lines (e.g., heavy machinery, precision components, process equipment), end-user industries served (e.g., automotive, power, metals & mining), or by service offerings (e.g., equipment sales, AMC/spares, project execution). A detailed breakdown of revenue contribution by these potential segments for Shetron Ltd. is not publicly specified in the given context.

Industry

The Indian Engineering - Industrial Equipments industry is characterized by a mix of organized and unorganized players, including large global conglomerates, established domestic manufacturers, and numerous smaller enterprises often specializing in specific niches. The industry's growth is closely tied to overall industrial capital expenditure (CAPEX), government infrastructure spending, and manufacturing sector growth. Shetron Ltd. is positioned as a domestic player within this competitive landscape, likely contending for market share based on its product quality, engineering capabilities, cost-effectiveness, and customer relationships. Its specific standing relative to peers (e.g., market share, product leadership) would depend on its product portfolio and target markets.

MOAT

For a company like Shetron Ltd., potential competitive advantages could include:

Specialized Engineering Expertise: Proprietary design, manufacturing processes, or technical know-how in specific equipment types.

Customer Relationships: Long-standing relationships and trust built with industrial clients through reliable product delivery and service.

Cost Efficiency: Optimized manufacturing processes or supply chain management leading to competitive pricing.

After-Sales Service Network: A robust service and spare parts network can create switching costs for customers and ensure equipment uptime.

Brand Reputation: A reputation for quality, durability, and reliability in its specific product categories.

However, without specific details, the existence and strength of these moats for Shetron Ltd. cannot be definitively confirmed.

Growth Drivers

Key factors that can drive Shetron Ltd.'s growth over the next 3-5 years include:

Increased Industrial CAPEX: A general uptick in capital expenditure by various industries in India, driven by economic growth and expansion.

Government Initiatives: Policies like 'Make in India,' Production Linked Incentive (PLI) schemes, and increased public spending on infrastructure projects (e.g., roads, railways, ports, energy).

Modernization & Automation: Demand for more efficient and automated industrial equipment as industries adopt advanced manufacturing technologies.

Sector-Specific Demand: Growth in particular end-user industries that Shetron Ltd. serves, such as renewable energy, automotive, construction, or process industries.

Export Opportunities: Leveraging competitive manufacturing costs and engineering capabilities to tap into international markets.

Risks

Shetron Ltd. faces several business risks:

Cyclicality of Demand: The industrial equipment sector is highly cyclical, sensitive to economic slowdowns and changes in industrial CAPEX budgets.

Raw Material Price Volatility: Fluctuations in prices of key inputs (e.g., steel, other metals, energy) can impact profit margins.

Intense Competition: Competition from both domestic players and international giants can put pressure on pricing and market share.

Technological Obsolescence: Rapid advancements in manufacturing technology could render existing equipment designs or production methods less competitive.

Dependency on End-User Industries: Over-reliance on a few specific customer industries makes the company vulnerable to downturns in those sectors.

Supply Chain Disruptions: Global or domestic supply chain issues can delay production and delivery.

Management & Ownership

Shetron Ltd. is an Indian company, and like many firms in India, it is likely promoter-led. The ownership structure would typically involve the promoter group holding a significant stake, alongside institutional investors (if applicable) and public shareholders. While the specific quality of management or corporate governance practices cannot be assessed without detailed reports, these are critical factors for long-term company performance. Promoter-led companies often benefit from strong vision and long-term commitment but may also present risks related to succession planning or related-party transactions if not governed effectively.

Outlook

Shetron Ltd., as an industrial equipment manufacturer, stands to benefit from India's projected economic growth and government focus on boosting domestic manufacturing and infrastructure development. The 'Make in India' initiative and infrastructure spending provide a supportive environment for increased industrial CAPEX, which is a direct demand driver for the company's products. However, the company operates in a cyclical and competitive industry. Its performance will be significantly influenced by its ability to manage raw material costs, adapt to technological changes, diversify its customer base, and maintain efficient operations. A slowdown in industrial activity or intensified competition could pressure its revenues and profitability. Its success hinges on strategic execution, innovation, and prudent financial management.

Shetron Share Price

Live · BSE / NSE · Inception: 1980
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Shetron Quarterly Results

#(Fig in Cr.) Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
Net Sales 37 55 41 41 36 51 45 35 34 49
Other Income 0 0 0 0 0 0 1 0 1 0
Total Income 37 55 41 41 36 51 45 35 35 50
Total Expenditure 31 48 34 35 32 45 39 31 30 44
Operating Profit 6 6 7 6 4 6 6 4 5 5
Interest 3 3 3 3 3 3 3 3 3 3
Depreciation 2 2 2 2 2 2 2 1 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 2 1 -0 1 2 0 -0 0
Provision for Tax 0 0 0 0 0 0 1 0 0 0
Profit After Tax 0 1 1 1 -0 1 1 -0 -0 0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 1 1 -0 1 1 -0 -0 0
Adjusted Earnings Per Share 0.5 0.8 1.5 0.6 -0.3 1 1.3 -0.1 -0.3 0.4

Shetron Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
Net Sales 118 123 125 133 161 158 149 168 165 163
Other Income 2 2 2 1 1 1 2 1 2 2
Total Income 119 125 126 134 162 158 150 169 167 165
Total Expenditure 99 109 106 110 134 131 126 146 146 144
Operating Profit 21 16 21 25 27 28 25 23 21 20
Interest 13 15 17 17 17 17 14 12 11 12
Depreciation 7 8 9 9 8 8 8 8 7 7
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -7 -5 -1 2 3 2 3 3 2
Provision for Tax 0 -3 -2 -1 0 1 1 1 1 1
Profit After Tax 0 -4 -4 -1 1 2 2 2 2 1
Adjustments 0 -0 0 -0 -0 -0 0 0 0 0
Profit After Adjustments 0 -4 -4 -1 1 2 2 2 2 1
Adjusted Earnings Per Share 0.4 -4.7 -4.1 -0.9 1.1 2.2 1.9 2.3 2 1.3

Shetron Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Shareholder's Funds 48 44 40 39 40 42 38 40 41
Minority's Interest 0 1 1 1 1 0 0 0 0
Borrowings 56 69 78 74 63 51 40 21 36
Other Non-Current Liabilities 10 7 6 5 5 5 5 5 6
Total Current Liabilities 62 66 52 61 77 75 83 94 73
Total Liabilities 176 188 176 180 187 174 165 160 156
Fixed Assets 77 88 84 79 73 67 58 54 52
Other Non-Current Assets 22 24 21 20 21 23 5 4 1
Total Current Assets 77 75 71 81 92 84 102 102 103
Total Assets 176 188 176 180 187 174 165 160 156

Shetron Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Opening Cash & Cash Equivalents 4 8 8 8 9 7 10 6 0
Cash Flow from Operating Activities 8 8 -7 9 10 17 16 12 -13
Cash Flow from Investing Activities -17 -21 -2 -3 -1 -3 -3 1 -1
Cash Flow from Financing Activities 13 13 9 -4 -11 -11 -11 -19 14
Net Cash Inflow / Outflow 4 -0 0 1 -2 3 2 -6 0
Closing Cash & Cash Equivalent 8 8 8 9 7 10 11 0 1

Shetron Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Earnings Per Share (Rs) 0.39 -4.66 -4.07 -0.92 1.1 2.19 1.9 2.33 1.99
CEPS(Rs) 8.32 4.48 5.27 8.94 10.67 11.46 11.12 10.84 9.43
DPS(Rs) 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 53.27 48.76 44.69 43.77 44.87 47.06 42.1 44.21 45.98
Core EBITDA Margin(%) 15.51 10.79 14.18 16.42 15.46 15.79 14.32 12.74 11.64
EBIT Margin(%) 11.01 6.07 9 11.17 10.9 11.28 10.12 8.66 8.7
Pre Tax Margin(%) 0.38 -5.41 -4.04 -0.82 0.94 1.63 1.55 1.78 1.76
PAT Margin (%) 0.28 -3.18 -2.87 -0.46 0.71 1.19 1.06 1.22 1.09
Cash Profit Margin (%) 6.03 3.09 3.55 5.67 5.58 6.03 6.23 5.67 5.15
ROA(%) 0.21 -2.29 -2.11 -0.37 0.67 1.13 1.01 1.29 1.13
ROE(%) 0.73 -9.04 -9.11 -1.66 3.08 4.91 4.26 5.41 4.41
ROCE(%) 10.34 5.41 7.96 10.75 12.7 13.37 12.3 12.52 12.44
Receivable days 75.86 60.64 55.71 54.09 53.07 56.05 58.89 66.64 67.75
Inventory Days 84.37 94.47 84.01 71.8 68.33 71.32 77.74 80.42 96.28
Payable days 82.29 99.35 98.75 96.55 91.49 96.03 105.08 106.21 106.56
PER(x) 44.23 0 0 0 13.55 14.53 22.61 23.42 15.44
Price/Book(x) 0.32 0.29 0.15 0.16 0.33 0.68 1.02 1.24 0.67
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.83 0.93 0.85 0.79 0.72 0.74 0.77 0.7 0.59
EV/Core EBITDA(x) 4.73 7.12 5.17 4.24 4.25 4.23 4.66 5.22 4.65
Net Sales Growth(%) 7.72 4.56 1.12 6.55 21.19 -1.98 -5.74 13.12 -2.08
EBIT Growth(%) -0.52 -42.06 51.77 31.95 18.28 2.88 -15.75 -8.36 -3.76
PAT Growth(%) -66.42 -1285.71 7.71 82.77 286.36 65.04 -15.76 22.81 -14.76
EPS Growth(%) -66.43 -1297.12 12.65 77.32 219.28 98.99 -13.2 22.81 -14.76
Debt/Equity(x) 1.9 2.5 2.69 2.72 2.69 2.3 2.29 1.85 1.83
Current Ratio(x) 1.24 1.13 1.37 1.33 1.2 1.13 1.24 1.09 1.41
Quick Ratio(x) 0.73 0.59 0.89 0.83 0.76 0.69 0.81 0.65 0.77
Interest Cover(x) 1.04 0.53 0.69 0.93 1.09 1.17 1.18 1.26 1.25
Total Debt/Mcap(x) 5.88 8.68 17.44 17.48 8.1 3.41 2.24 1.5 2.74

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -2% +1% +4% —
Operating Profit CAGR -9% -9% -3% —
PAT CAGR 0% 0% — —
Share Price CAGR -17% -4% +27% +10%
ROE Average +4% +5% +4% 0%
ROCE Average +12% +12% +13% +11%

Shetron Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 64.82 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 35.18 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 64.1864.1864.1864.1864.1864.1864.2264.6464.7864.82
FII 0000000000
DII 0000000000
Public 35.8235.8235.8235.8235.8235.8235.7835.3535.2235.18
Others 0000000000
Total 100100100100100100100100100100

Shetron Peer Comparison

Engineering - Industrial Equipments Edit Columns

Shetron Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Shetron Pros & Cons

Pros

Cons

  • Company has a low return on equity of 5% over the last 3 years.
  • Debtor days have increased from 106.21 to 106.56days.
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