MoneyWorks4Me

Shanti Inorganics Ltd (SHANTIINOR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SHANTIINOR Chemicals | Small Cap | Shanti Inorganics Share Price

BSE Share Price
Not Listed

Shanti Inorganics Ltd (SHANTIINOR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SHANTIINOR Chemicals | Small Cap | Shanti Inorganics Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹304 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
49.8
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
24.71%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
-
Equity
₹17.3 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Shanti Inorganics stock performance

Key Ratios
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Valuation

Overvalued

Price Trend

Weak
Q.1 Is Shanti Inorganics Ltd a good quality company?
Shanti Inorganics Ltd is a weak quality company, based on a inconsistent 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 Shanti Inorganics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shanti Inorganics Ltd vs industry peers?
Shanti Inorganics Ltd revenue CAGR is 15.90%, compared to the industry median CAGR of 1.94%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Shanti Inorganics Ltd?
Promoters hold % of the Shanti Inorganics Ltd, with % of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shanti Inorganics Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% 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 end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

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.
Shanti Inorganics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 39.5%27.6%27.2%23.4%-
Value Creation
Index
1.81.00.90.7-

Growth Parameters

Sales 45.744.957.171.271
Sales YoY Gr.--1.9%27.3%24.7%-
Adj EPS 4.24.97.38.25.9
YoY Gr.-17.7%48.5%12.4%-
BVPS (₹) 12.317.325.241.731.3
Adj Net
Profit
4.357.59.510
Cash Flow from Ops. 3.13.515.56.1-
Debt/CF from Ops. 1.871.65-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA15.9%24.7%
Adj EPS NANA25.2%12.4%
BVPSNANA50.4%66%
Share Price - - - -

Key Financial Parameters

Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
34.133.334.525.816.2
Op. Profit
Mgn %
15.219.521.121.6NAN
Net Profit
Mgn %
9.311.21313.414.4
Debt to
Equity
0.51.410.6-
Working Cap
Days
01821521680
Cash Conv.
Cycle
03028370

Valuation of Shanti Inorganics - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Financials

data not found
No data found!
data
No data found!
data
No data found!
data
No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shanti Inorganics Ltd FAQs

The current trading price of Shanti Inorganics on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Shanti Inorganics stood at ₹303.8 Cr

The latest P/E ratio of Shanti Inorganics as of 31-Dec-1969 is 29.73.

The latest P/B ratio of Shanti Inorganics as of 31-Dec-1969 is 5.63.

The 52-week high of Shanti Inorganics is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shanti Inorganics is ₹71.22 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shanti Inorganics Ltd is a below average quality company.

The key valuation ratios of Shanti Inorganics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shanti Inorganics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Shanti Inorganics Ltd

Shanti Inorganics was incorporated as ‘Shanti Inorgo Chem (Guj) Private Limited’ as a private limited company in Ahmedabad, Gujarat on January 13, 2010. The company has taken over the running business of a partnership firm from the Promoters, namely ‘Shanti Industries’ on a going concern basis vide Takeover Agreement with effect from April 01, 2010. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on January 27, 2025, and the name of the company changed from ‘Shanti Inorgo Chem (Guj) Private Limited’ to ‘Shanti Inorgo Chem (Guj) Limited’ on March 1, 2025. Further, pursuant to resolutions passed by the Board of Directors in their meeting held on April 4, 2025, and Shareholder’s Resolution passed on April 5, 2025, the company’s name was further changed from ‘Shanti Inorgo Chem (Guj) Limited’ to ‘Shanti Inorganics Limited’ on May 6, 2025.

The company is engaged in the business of manufacturing and supply of sulphur based inorganic chemicals. Its product portfolio consists of ammonium bisulphite solution, sodium bisulphite powder or solution, sodium meta bisulphite and sodium sulphite powder/anhydrous, which are primarily used as preservatives, reducing agents, oxygen scavengers and process intermediates across multiple industries such as food and beverages, chemicals, oil drilling, pharmaceuticals, ceramics, agrochemicals, water treatment, petrochemicals, cosmetics, paints, polymers, boilers and mining. 

In the inorganic chemical industry, products are categorized into multiple purity levels based on their applications, including, food grade and technical grade. It manufactures, markets and sells its products in domestic as well as international markets. In the international market, the company sells its products to customers based in countries such as Eswatini, Malaysia, the United Arab Emirates, Qatar, Nigeria, Russia, Colombia, Turkey, Puerto Rico, Iraq, Vietnam, Azerbaijan, Egypt, Ghana and Philippines.

Business area of the company 

The company is engaged in the business of manufacturing and trading of sulphur based inorganic chemicals.

Products of the company

  • Ammonium bisuphite solution
  • Sodium bisulphite powder/solution
  • Sodium meta bisulphite
  • Sodium sulphite powder/anhydrous
  • Potassium bisulphite
  • Soda ash dense
  • Ecosoft
  • High carbon ferro chrome

Awards, accreditations and recognition 

  • 2016: The company was accredited with an ISO 9001:2015 certificate of registration for the manufacturing of inorganics chemicals by Alcumus ISOQAR.
  • 2022: The company was accredited with a certificate of compliance in Hazard Analysis & Critical Control Points (HACCP) for the manufacturing of inorganics chemicals by UK Certification & Inspection Limited.
  • 2023: The company was accredited with a Halal certification for the manufacturing of inorganics chemicals by UK Certification & Inspection Limited.
  • 2023: The company was accredited with NSF certification in accordance with NSF Registration Guidelines for Proprietary Substances and Nonfood Compounds by NSF International.
  • 2025: The company was accredited with Kosher certification for the manufacturing of inorganics chemicals by UK Certification & Inspection Limited.

History and milestones

  • 2010: Incorporation of the company as Shanti Inorgo Chem (Guj) Private Limited.
  • 2010: Takeover of the business operations of the partnership firm ‘Shanti Industries’.
  • 2016: Received ISO 9001:2015 certificate of registration for the manufacturing of inorganics chemicals by Alcumus ISOQAR.
  • 2020-22: Commenced exports to middle east countries
  • 2020-22: The company secured its first major project which includes the export of 500 MT/year ammonium bisulphite.
  • 2020-22: Acquired land at Plot No. 5A and 5B, Sankalp Industrial Estate, Moje Chidaya, Bavla for setting up a Phase I of Bavla Unit for future expansion
  • 2023-24: Revenue from operations increased to Rs 4,574.21 lakh in Fiscal 2023 from Rs 2,809.72 lakh in Fiscal 2022.
  • 2023-24: Expanded export footprint by entering the Southeast Asian and African markets.
  • 2023-24: Increase in installed capacity from 10,700 metric tonnes per annum (MTPA) to 16,200 MTPA at Vatva Unit.
  • 2023-24: Acquired land at Plot No. 6 and 7, Sankalp Industrial Estate, Moje Chidaya, Bavla for setting up a Phase II of Bavla Unit for future expansion.
  • 2025: Increase in installed capacity from 16,200 metric tonnes per annum (MTPA) to 18,800 MTPA at Vatva Unit.
  • 2025: Conversion of private limited to public limited company.
  • 2025: Change of name from ‘Shanti Inorgo Chem (Guj) Limited’ to ‘Shanti Inorganics Limited’.
  • 2025: Commenced commercial operation Phase I of Bavla Unit.
  • 2025: Achieved revenue from operations of more than Rs 5,000 lakh in Fiscal 2025.
  • 2026: Achieved revenue from operations of more than Rs 7,000 lakh in Fiscal 2026.

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