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10 Yrs X-Ray 
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About
Shetron Ltd (SHETRON)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526137 NSE: SHETRON Engineering - Industrial Equipments | Small Cap | Shetron Share Price
₹112.45 9.20 (8.91%)
As on 03-Nov'26 16:59
Shetron Ltd (SHETRON)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526137 NSE: SHETRON Engineering - Industrial Equipments | Small Cap | Shetron Share Price
₹112.45 9.20 (8.91%)
As on 03-Nov'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹101 Cr.
Current Price
₹112.5
52-Week Low / High
₹84 / 143
TTM EPS
₹7.2
TTM Sales
₹294 Cr.
Book Value per Share
₹74.2
P/E Ratio
15.72
In line with its 5-year historical median
Industry PE
50.5
Price to Book (P/B)
1.59
In line with its 5-year historical median
Price to Sales (P/S)
0.34
Lower than its 5-year historical median
EV/EBITDA
5.63
Lower than its 5-year historical median
Dividend Yield
0.89%
Profitability Efficiency
Return on Equity (ROE)
6.65%
Underperforms industry median
Return on Capital Employed (ROCE)
12.77%
Underperforms industry median
Return on Assets (ROA)
2.59%
Underperforms industry median
Operating Profit Margin
7.4%
Underperforms industry median
Net Profit Margin
1.62%
Underperforms industry median
Gross Profit Margin
5%
Underperforms industry median
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.59%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
3.99%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
29.87%
Asset Quality
Promoter Holding
64.84%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹58 Cr.
Equity
₹9 Cr.
Face Value
₹10
All Time Low / High
₹3.00 / 198.00
Check Before You Invest
Quality
Somewhat GoodValuation
FairCheck Valuation charts
Price Trend
Weak
Is Shetron Ltd a good quality company?
Shetron Ltd is a quality company, based on a multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Shetron Ltd performance compare with that of its Peers?
Revenue growth of Shetron Ltd vs industry peers?
Shetron Ltd revenue CAGR is 7.62%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Shetron Ltd?
Promoters hold 64.84% of the Shetron Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Shetron Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8.9% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shetron Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 12.5% | 12.3% | 12.9% | 11.1% | 7% | 15.8% | 16.3% | 15% | 11.5% | 12.8% | - |
| Value Creation Index ⓘ | -0.1 | -0.1 | -0.1 | -0.2 | -0.5 | 0.1 | 0.2 | 0.1 | -0.2 | -0.1 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 149 | 168 | 165 | 162 | 171 | 226 | 245 | 240 | 229 | 246 | 294 |
| Sales YoY Gr. | - | 13.1% | -2.1% | -1.5% | 5% | 32.4% | 8.4% | -1.9% | -4.6% | 7.6% | - |
| Adj EPS ⓘ | 1.3 | 1.5 | 2.7 | -0 | -2.3 | 5.3 | 6 | 7.1 | 2.8 | 4.3 | 7.2 |
| YoY Gr. | - | 11.2% | 83.9% | -100.4% | NA | NA | 13.1% | 17.9% | -60.5% | 53% | - |
| BVPS (₹) ⓘ | 41.4 | 43.2 | 45.4 | 46.7 | 44.3 | 49.8 | 56 | 62.7 | 65.1 | 68.6 | 74.2 |
| Adj Net Profit ⓘ | 1.2 | 1.3 | 2.5 | -0 | -2 | 4.8 | 5.4 | 6.4 | 2.5 | 3.9 | 6 |
| Cash Flow from Ops. ⓘ | 16.4 | 11.4 | -12.6 | 2.4 | -0.1 | 6.8 | 11 | 11.7 | 21.9 | 13.3 | - |
| Debt/CF from Ops. ⓘ | 5.3 | 6.4 | -6 | 32.7 | -581.7 | 9.6 | 6.2 | 5.6 | 2.1 | 3.1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 5.8% | 7.6% | 0.2% | 7.6% | ||||
| Adj EPS ⓘ | 13.8% | NA | -10.7% | 53% | ||||
| BVPSⓘ | 5.8% | 9.1% | 7% | 5.3% | ||||
| Share Price | 9.9% | 26.8% | 2% | -4.9% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 3.1 | 3.5 | 6.2 | -0 | -5 | 11.3 | 11.4 | 12 | 4.4 | 6.4 | 10 |
| Op. Profit Mgn % ⓘ | 15 | 12 | 11.7 | 9.7 | 7.2 | 9.4 | 9.2 | 9.6 | 7.7 | 7.4 | 7.7 |
| Net Profit Mgn % ⓘ | 0.8 | 0.8 | 1.5 | -0 | -1.2 | 2.1 | 2.2 | 2.7 | 1.1 | 1.6 | 2.2 |
| Debt to Equity ⓘ | 2.3 | 1.9 | 1.9 | 1.8 | 1.9 | 1.5 | 1.4 | 1.2 | 0.8 | 0.7 | 0.1 |
| Working Cap Days ⓘ | 215 | 203 | 217 | 219 | 207 | 164 | 152 | 153 | 161 | 147 | 71 |
| Cash Conv. Cycle ⓘ | 68 | 72 | 87 | 99 | 98 | 74 | 68 | 73 | 72 | 58 | 14 |
Valuation of Shetron - Standalone
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 149 | 168 | 165 | 162 | 171 | 226 | 245 | 240 | 229 | 246 |
| Operating Expenses ⓘ + | 126 | 147 | 146 | 147 | 158 | 205 | 222 | 217 | 211 | 228 |
| Operating Profit ⓘ | 22 | 21 | 19 | 16 | 12 | 21 | 22 | 23 | 18 | 18 |
| Operating Profit Margin (%) | 15.0% | 12.4% | 11.4% | 9.7% | 7.2% | 9.4% | 9.2% | 9.6% | 7.7% | 7.4% |
| Other Income ⓘ + | 2 | 1 | 2 | 3 | 1 | 2 | 2 | 1 | 2 | 1 |
| Interest ⓘ | 14 | 12 | 11 | 12 | 10 | 11 | 10 | 9 | 8 | 7 |
| Depreciation ⓘ | 8 | 7 | 6 | 6 | 5 | 6 | 5 | 6 | 6 | 6 |
| Profit Before Tax ⓘ | 3 | 3 | 3 | 1 | -2 | 7 | 9 | 9 | 5 | 6 |
| Tax ⓘ | 1 | 1 | 1 | 0 | 0 | 2 | 3 | 3 | 2 | 2 |
| Profit After Tax | 2 | 2 | 2 | 1 | -2 | 5 | 6 | 7 | 3 | 4 |
| PAT Margin (%) | 1.3% | 1.1% | 1.3% | 0.5% | -1.2% | 2.3% | 2.5% | 2.7% | 1.4% | 1.6% |
| Adjusted EPS (₹) | 2.1 | 2.0 | 2.4 | 1.0 | -2.2 | 5.7 | 6.7 | 7.3 | 3.4 | 4.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 15% | 13.80% | 29.20% | 22.50% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 37 | 39 | 41 | 42 | 40 | 45 | 50 | 56 | 59 | 62 | |
| Debt + | 73 | 55 | 72 | 72 | 69 | 61 | 64 | 61 | 42 | 38 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 31 | 37 | 29 | 25 | 26 | 36 | 27 | 31 | 40 | 47 | |
| Others Liabilities ⓘ | 24 | 28 | 13 | 11 | 12 | 11 | 9 | 9 | 11 | 11 | |
| Total Liabilities ⓘ | 165 | 159 | 155 | 150 | 147 | 153 | 150 | 157 | 151 | 157 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 52 | 49 | 47 | 47 | 43 | 41 | 46 | 47 | 48 | 51 | |
| CWIP ⓘ | 4 | 3 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | |
| Investments ⓘ | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Inventories | 35 | 40 | 47 | 43 | 48 | 56 | 48 | 53 | 50 | 57 | |
| Trade Receivables | 33 | 36 | 29 | 29 | 27 | 28 | 28 | 31 | 32 | 31 | |
| Cash Equivalents | 11 | 5 | 5 | 6 | 7 | 6 | 6 | 6 | 6 | 5 | |
| Others Assets ⓘ | 26 | 22 | 23 | 25 | 22 | 22 | 22 | 20 | 14 | 13 | |
| Total Assets ⓘ | 165 | 159 | 155 | 150 | 147 | 153 | 150 | 157 | 151 | 157 | |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 16 | 11 | -13 | 2 | -0 | 7 | 11 | 12 | 22 | 13 |
| Cash Flow From Investing Activity ⓘ + | -4 | 1 | -1 | -1 | -2 | -3 | -11 | -7 | -7 | -9 |
| Cash Flow From Financing Activity ⓘ + | -11 | -19 | 14 | -2 | 2 | -5 | 1 | -5 | -15 | -4 |
| Net Cash Flow ⓘ | 2 | -6 | 0 | -0 | 0 | -1 | 0 | 0 | -0 | -0 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 4.72 | 4.79 | 5.52 | 2.12 | -4.83 | 12.09 | 12.61 | 12.23 | 5.35 | 6.65 |
| ROCE (%) | 12.5 | 12.3 | 12.89 | 11.06 | 7 | 15.83 | 16.33 | 15.04 | 11.47 | 12.77 |
| Asset Turnover Ratio | 0.95 | 1.06 | 1.05 | 1.06 | 1.15 | 1.5 | 1.61 | 1.56 | 1.48 | 1.59 |
| PAT to CFO Conversion(x) | 8 | 5.5 | -6.5 | 2 | N/A | 1.4 | 1.83 | 1.71 | 7.33 | 3.25 |
| Working Capital Days | ||||||||||
| Receivable Days | 69.60 | 72.90 | 72.30 | 65.10 | 59.50 | 44.80 | 41.80 | 44.20 | 50.20 | 47.10 |
| Inventory Days | 77.10 | 80.20 | 96.30 | 100.70 | 96.90 | 84.10 | 77.70 | 76.90 | 82.70 | 79.80 |
| Payable Days | 103.80 | 105.50 | 106.20 | 88.70 | 76.80 | 68.80 | 64.90 | 62 | 79.90 | 88.60 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Annual reports
No annual reports available.
Concalls
No concalls available.
Shetron Ltd FAQs
The current trading price of Shetron on 03-Nov-2026 16:59 is ₹112.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Nov-2026 the market cap of Shetron stood at ₹101.2 Cr
The latest P/E ratio of Shetron as of 02-Nov-2026 is 15.72.
The latest P/B ratio of Shetron as of 02-Nov-2026 is 1.59.
The 52-week high of Shetron is ₹142.9 and the 52-week low is ₹83.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shetron is ₹294 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Shetron Ltd is a average quality company.
The key valuation ratios of Shetron Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shetron Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Shetron Ltd
Shetron was incorporated in 1980 and commenced production in 1984 for the manufacturing of metal cans for food and dry cell battery jackets / components.
The company is the largest integrated producer of dry cell battery jackets in the South East Asian region and a single source supplier for many multinatoinal industries.
Shetron Technology focuses on two vital sectors - food and energy. As one of the leading manufacturers of metal packaging, printed metal sheets and dry-cell battery jackets and components, SHETRON is rightly 'The Name Behind the Names'. With world class manufacturing facilities, Shetron offers products of international standards.
During the last over 2 decades, the company has attained the number one position as the most preferred supplier to a large number of leading organizations.
Shetron is an organisation dedicated to excellence in packaging, packaging that protects, preserves and promotes products and that offers value.
An ISO 9001:2000 company, Shetron has facilities that match some of the world’s best can-making units.The growing list of satisfied clients, which includes leading names in food and food processing industry.
Product range of the company includes:
- Metal Cans
- Cans Ends
- Dry Cell Battery Jackets
- Dry Cell Battery Components
- Printed & Lacquered Metal Sheets
- e-Brochures
Achievements/ recognition:
- ISO 9001:2000 certified company
- International Awards for Best Packaging.
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