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Shricon Inds Overview

1. Business Overview

Shricon Industries Ltd. operates in the e-commerce sector in India. As an e-commerce company, its core business model likely involves facilitating online buying and selling of goods or services. This could be through a direct-to-consumer (D2C) model, acting as an online marketplace for multiple vendors (B2C or C2C), or serving business clients (B2B e-commerce). The company would typically make money through direct sales of products, transaction fees, commissions on sales, subscription models, or potentially advertising revenue, depending on its specific operational model.

2. Key Segments / Revenue Mix

Specific details regarding Shricon Industries Ltd.'s key business segments or a breakdown of its revenue mix are not publicly available.

3. Industry & Positioning

The e-commerce industry in India is characterized by rapid growth, driven by increasing internet penetration, smartphone adoption, and digital payment infrastructure. It is a highly competitive market dominated by major global and domestic players like Amazon India and Flipkart (Walmart-owned), alongside a growing number of specialized and niche e-commerce platforms. Without specific details on Shricon Industries Ltd.'s market share, niche, or operational scale, it is challenging to precisely ascertain its positioning relative to peers. It is likely a smaller player or focused on a specific niche within this broad and competitive landscape.

4. Competitive Advantage (Moat)

Information specific to Shricon Industries Ltd.'s competitive advantages or moats (such as strong brand recognition, significant network effects, proprietary technology, economies of scale, or high customer switching costs) is not publicly available. In the e-commerce sector, these attributes are critical for long-term sustainability and market leadership.

5. Growth Drivers

Key factors that could drive growth for e-commerce companies in India, including Shricon Industries Ltd., over the next 3-5 years include:

Increasing Internet Penetration: Continued expansion of internet access, especially in Tier 2 and Tier 3 cities.

Smartphone Adoption: Rising smartphone ownership facilitates easier access to online shopping platforms.

Digital Payment Growth: Wider acceptance and usage of digital payment methods reduce transaction friction.

Rising Disposable Incomes: Growth in consumer spending capacity leads to higher online purchases.

Logistics Improvement: Enhancements in delivery networks and infrastructure enable broader reach and faster delivery.

Government Initiatives: Policy support for digital India and e-commerce can foster a conducive environment.

6. Risks

Shricon Industries Ltd., as an e-commerce company, faces several risks:

Intense Competition: The presence of well-funded domestic and international players poses significant challenges to market share and profitability.

Logistics and Infrastructure: Challenges in last-mile delivery, warehousing, and supply chain management across a vast and diverse geography.

Cybersecurity & Data Privacy: Risks associated with protecting customer data and maintaining trust in online transactions.

Regulatory Changes: Evolving regulations related to e-commerce, consumer protection, and foreign direct investment can impact business models.

Customer Acquisition and Retention: High costs associated with acquiring new customers and retaining existing ones in a competitive environment.

Funding and Scale: For potentially smaller players, securing adequate funding for expansion and achieving necessary economies of scale can be difficult.

Macroeconomic Downturns: Economic slowdowns can impact consumer discretionary spending, affecting sales.

7. Management & Ownership

Specific details regarding the promoters, management team's experience, or the precise ownership structure of Shricon Industries Ltd. are not readily available in public domains. Typically, Indian companies are often promoter-led, with management teams consisting of a mix of family members and professional executives.

8. Outlook

The Indian e-commerce market presents a significant growth opportunity, driven by demographic tailwinds and increasing digital adoption. For Shricon Industries Ltd., this offers a favorable macro environment for expansion. However, the sector is intensely competitive, requiring substantial capital investment in technology, logistics, and customer acquisition. Without specific information on Shricon's market niche, operational scale, unique value proposition, or financial performance, it is difficult to assess its individual prospects. Its ability to carve out a sustainable niche, build competitive advantages, effectively manage logistics, and adapt to evolving market dynamics and regulations will be crucial for its long-term success.

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Shricon Inds Key Financials

Market Cap ₹31 Cr.

Stock P/E -610.1

P/B 5.3

Current Price ₹247

Book Value ₹ 46.7

Face Value 10

52W High ₹278

Dividend Yield 0%

52W Low ₹ 122.6

Shricon Inds Share Price

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Volume
Price

Shricon Inds Quarterly Price

Show Value Show %

Shricon Inds Peer Comparison

Shricon Inds Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 0 0 0 0 0 0 1 2
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 1 2
Total Expenditure 0 0 0 0 0 0 0 0 0 1
Operating Profit 0 0 0 -0 -0 -0 0 -0 1 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 -0 -0 -0 0 -0 1 1
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 -0 -0 -0 0 -0 1 1
Adjustments 0 -0 0 0 0 0 0 -0 0 0
Profit After Adjustments 0 0 0 -0 -0 -0 0 -0 1 1
Adjusted Earnings Per Share 1.3 1.1 0.6 -0.7 -0.3 -0.1 0.6 -0.4 4.7 9.5

Shricon Inds Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 0 0 0 0 0 0 0 1 1 3
Other Income 0 0 0 0 0 1 1 1 2 1 0 0
Total Income 0 0 0 0 0 1 1 1 2 2 1 3
Total Expenditure 0 0 0 0 0 0 0 0 0 1 1 1
Operating Profit 0 0 0 -0 -0 1 0 1 2 1 -0 2
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 -0 -1 1 0 0 1 1 -0 2
Provision for Tax 0 -0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 -0 -1 1 0 0 1 1 -0 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 -0 -1 1 0 0 1 1 -0 2
Adjusted Earnings Per Share 0.4 1 2.4 -1 -5.8 4.5 0.2 3 9.8 7 -0.4 14.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR -100% -100% -100% 0%
PAT CAGR -100% 0% -100% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 51% 99% 51% 29%
ROE Average -1% 21% 17% 9%
ROCE Average -1% 16% 13% 9%

Shricon Inds Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 2 2 1 2 2 2 3 4 4
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 4 3 5 4 1 0 0
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0 -0 -0 -0 0 0
Total Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 2 2 3 3 6 5 7 6 4 4 4
Fixed Assets 1 1 2 0 0 0 5 0 0 0 0
Other Non-Current Assets 0 1 0 3 6 5 2 6 4 4 3
Total Current Assets 0 0 0 0 0 0 0 0 0 1 1
Total Assets 2 2 3 3 6 5 7 6 4 4 4

Shricon Inds Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 1
Cash Flow from Operating Activities -0 -1 1 -0 -0 -0 -0 -0 -0 -0 -0
Cash Flow from Investing Activities 1 1 -1 -0 -3 1 -2 2 3 2 0
Cash Flow from Financing Activities -1 0 0 0 3 -1 2 -2 -3 -1 -1
Net Cash Inflow / Outflow 0 0 -0 -0 0 0 -0 0 -0 1 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 1 0

Shricon Inds Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.39 1.02 2.42 -1.01 -5.83 4.49 0.18 2.99 9.75 7.02 -0.4
CEPS(Rs) 0.39 1.02 2.42 -0.47 -5.08 5.4 0.32 3.1 9.94 7.15 -0.33
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 13.2 14.22 16.64 16.31 10.48 14.97 15.14 18.13 27.89 34.91 33.71
Core EBITDA Margin(%) 0 0 0 0 -4200 21.3 0 0 0 -7.14 -17.33
EBIT Margin(%) 0 0 0 0 -5564.18 401.23 0 0 0 159.3 -7.97
Pre Tax Margin(%) 0 0 0 0 -9422.39 253.88 0 0 0 151.65 -8.1
PAT Margin (%) 0 0 0 0 0 253.83 0 0 0 151.62 -8.1
Cash Profit Margin (%) 0 0 0 0 -9408.96 305.66 0 0 0 154.39 -6.7
ROA(%) 2.34 6.62 12.76 -4.74 -17.44 10.46 0.36 5.56 22.8 19.65 -1.17
ROE(%) 2.98 7.46 15.69 -6.12 -43.54 35.27 1.18 17.97 42.39 22.36 -1.18
ROCE(%) 4.89 7.56 15.03 -2.62 -8.99 16.52 6.55 11.96 28.71 20.76 -1.16
Receivable days 0 0 0 0 365 52.12 0 0 4303.16 2.19 9.1
Inventory Days 0 0 0 0 0 0 0 0 0 13.35 8.1
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 19.16 6.89 0 0 0 178.97 0 3.2 17.63 0
Price/Book(x) 0 1.38 1 2.7 0 0 2.1 0 1.12 3.55 5.93
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 0 0 823.81 20.16 0 0 2566.47 25.81 39.78
EV/Core EBITDA(x) 12.84 19.06 7.18 -4089.07 -19.72 4.45 21.98 6.27 3.19 15.93 -605.74
Net Sales Growth(%) 0 0 0 0 0 3171.64 -100 0 0 0 7.92
EBIT Growth(%) 446.92 44.38 141.51 -119.65 -446.63 335.92 -54.87 97.13 92.57 -39.29 -105.4
PAT Growth(%) 151.93 164.08 136.75 -141.65 -478.18 176.93 -96.05 1585.45 226.19 -28.02 -105.77
EPS Growth(%) 151.93 164.07 136.76 -141.65 -478.16 176.92 -96.05 1585.63 226.19 -28.02 -105.77
Debt/Equity(x) 0.03 0.2 0.22 0.33 3.31 1.72 2.76 1.68 0.29 0 0
Current Ratio(x) 4.96 3.55 0.66 0.41 0.9 0.84 0.8 0.64 3.38 17.38 64.56
Quick Ratio(x) 4.96 3.55 0.66 0.41 0.9 0.84 1.47 0.64 3.38 16.77 64.07
Interest Cover(x) 2.64 7.08 14.96 -1.29 -1.44 2.72 1.15 1.9 5.07 20.84 -61.75
Total Debt/Mcap(x) 0 0.14 0.21 0.12 0 0 1.32 0 0.26 0 0

Shricon Inds Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 70.84 70.84 70.84 70.84 70.84 70.84 70.84 70.84 70.84 70.84
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 29.16 29.16 29.16 29.16 29.16 29.16 29.16 29.16 29.15 29.15
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Shricon Inds News

Shricon Inds Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 21%
  • Company is almost debt free.

Cons

  • Stock is trading at 5.3 times its book value.
  • The company has delivered a poor profit growth of -100% over past five years.
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