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Shervani Industrial Syndicate Ltd (526117)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526117 NSE: Construction - Real Estate | Small Cap | Shervani Indl. Synd Share Price

₹307.40 15.25 (5.22%)

As on 04-Jun'26 16:59

Shervani Industrial Syndicate Ltd (526117)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526117 NSE: Construction - Real Estate | Small Cap | Shervani Indl. Synd Share Price

₹307.40 15.25 (5.22%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹79 Cr.
Current Price
₹307.4
52-Week Low / High
₹280 / 570
TTM EPS
₹-2.7
TTM Sales
₹16.9 Cr.
Book Value per Share
₹368.9
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
42.8
Price to Book (P/B)
0.83
Lower than its 5-year historical median
Price to Sales (P/S)
4.69
Higher than its 5-year historical median
EV/EBITDA
21.87
Higher than its 5-year historical median
Dividend Yield
0.86%
Profitability Efficiency
Return on Equity (ROE)
4.93%
Outperforms industry median
Return on Capital Employed (ROCE)
4.42%
Outperforms industry median
Return on Assets (ROA)
2.01%
Operating Profit Margin
5.7%
Net Profit Margin
10.12%
Gross Profit Margin
15.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-68.05%
Operating Profit Growth (1 Year)
-
-91.55%
Net Profit Growth (1 Year)
-
-85.04%
Asset Quality
Promoter Holding
62.07%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹92 Cr.
Equity
₹2.6 Cr.
Face Value
₹10
All Time Low / High
₹10.00 / 1195.00

Shervani Industrial Syndicate stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Shervani Industrial Syndicate Ltd a good quality company?
Shervani Industrial Syndicate 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 Shervani Industrial Syndicate Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shervani Industrial Syndicate Ltd vs industry peers?
Shervani Industrial Syndicate Ltd revenue CAGR is -12.81%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Shervani Industrial Syndicate Ltd?
Promoters hold 62.07% of the Shervani Industrial Syndicate Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shervani Industrial Syndicate Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.9% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Shervani Industrial Syndicate 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.5%30.5%54.9%58.5%35.3%7.2%-3.7%4.9%33.8%4.4%-
Value Creation
Index
-0.81.22.93.21.5-0.5-1.3-0.71.4-0.7-

Growth Parameters

Sales 28.441.887.373.187.427.54.321.61384417
Sales YoY Gr.-47.2%109%-16.3%19.6%-68.5%-84.4%401.4%539.2%-68.1%-
Adj EPS 4.986.379.7104.472.625.6-10.110.8109.611.2-2.7
YoY Gr.-1679.4%-7.7%30.9%-30.5%-64.7%-139.5%NA911%-89.8%-
BVPS (₹) 115.9162.4202.1210.9236.3263.1253.1262.2352.6349.9368.9
Adj Net
Profit
1.628.124.832.519.66.9-2.72.928.22.9-1
Cash Flow from Ops. 1.715.425.924.8-135.20.96.4-8.814.1-
Debt/CF from Ops. 4.80.10.30.3-0.40.711.90.1-3.63.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5%-12.8%117.2%-68.1%
Adj EPS 9.7%-31.2%NA-89.8%
BVPS13.1%8.2%11.4%-0.8%
Share Price 8.9% -0.4% -11.3% -31.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.814.513.319.813.75.2-2.12.321.92.2-0.8
Op. Profit
Mgn %
6.124.737.858.128.117.4-7214.821.55.7-10.4
Net Profit
Mgn %
5.667.428.544.522.425.1-63.513.620.56.5-4.1
Debt to
Equity
0.200.10.10.10.10.200.40.60.1
Working Cap
Days
2,1651,4606828076311,91213,8913,2344811,3736,659
Cash Conv.
Cycle
2,0091,3896297145851,79613,2203,0714441,1892,277

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales28.3741.7687.2973.0887.3727.524.3021.56137.8144.03
Operating Expenses + 28.3231.4454.4130.7162.9122.827.3918.37108.2241.53
Manufacturing Costs0.570.430.230.261.961.330.750.8315.911.23
Material Costs24.0127.9249.1224.9954.4016.552.5112.5385.5534.59
Employee Cost 0.930.961.952.021.591.231.391.863.312.15
Other Costs 2.812.133.113.434.963.702.743.153.453.56
Operating Profit 0.0510.3232.8842.3724.454.71-3.093.1929.602.50
Operating Profit Margin (%) 0.2%24.7%37.7%58.0%28.0%17.1%-72.0%14.8%21.5%5.7%
Other Income + 1.071.671.503.261.221.640.991.263.934.66
Exceptional Items 0.793.530-3.310-0.550000
Interest 0.510.200.090.200.290.290.110.070.140.36
Depreciation 0.290.290.400.550.610.640.730.740.791.33
Profit Before Tax 1.1015.0233.9041.5824.784.87-2.943.6432.595.47
Tax 0.13-0.019.078.275.16-2.16-0.220.712.841.01
Profit After Tax 0.9715.0424.8333.3119.617.03-2.722.9329.754.45
PAT Margin (%) 3.4%36.0%28.5%45.6%22.5%25.6%-63.4%13.6%21.6%10.1%
Adjusted EPS (₹)3.046.179.7106.972.626.0-10.110.8115.617.3
Dividend Payout Ratio (%)0%0%106.70%0%3.40%9.60%-19.80%23.10%17.30%17.30%

Valuation of Shervani Indl. Synd - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 188.93198.79175.21153.73133.59133.62129.92124.82132.30129.97
Share Capital 3.283.283.143.142.722.722.722.722.592.59
Reserves 185.64195.51172.07150.60130.87130.90127.20122.10129.70127.38
Debt +7.780.966.436.674.833.089.850.3430.8050.69
Long Term Debt0.110.071.301.231.060.490.340.3118.6650.07
Short Term Debt7.670.905.145.443.772.589.510.0312.150.63
Minority Interest0000000000
Trade Payables0.070.230.401.670.880.890.960.933.280.94
Others Liabilities 7.3710.9449.2868.9330.1946.7677.66116.3743.4652.89
Total Liabilities 204.14210.93231.32231169.49184.35218.39242.45209.83234.49

Fixed Assets

Net Fixed Assets +6.055.937.778.637.898.037.827.3412.029.70
Gross Block8.128.2710.3011.5411.2111.9412.2312.4616.8115.22
Accumulated Depreciation2.082.352.542.903.323.914.415.124.805.52
CWIP 000000001.849.15
Investments 14.8619.5621.4520.7412.0111.9515.8314.2320.7511.28
Inventories151.63133.95147.54152.06130.61141.80168.17195.04143.02144.72
Trade Receivables11.7423.5202.350.541.591.442.341.210.73
Cash Equivalents 16.1618.4242.7537.7511.5214.1116.0213.9215.0928.09
Others Assets 3.719.5511.829.476.936.869.109.5915.9030.81
Total Assets 204.14210.93231.32231169.49184.35218.39242.45209.83234.49

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1.6515.4125.9324.81-12.955.240.866.41-8.7514.09
PBT 1.1015.0233.9041.5824.784.87-2.943.6432.595.47
Adjustment 0.66-9.93-44.83-22.89-18.12-6.66-0.78-7.78-15.12-3.58
Changes in Working Capital -0.2710.5447.4610.93-15.225.955.7811.67-19.2113.38
Tax Paid 0.15-0.22-10.59-4.81-4.391.07-1.19-1.12-7.01-1.18
Cash Flow From Investing Activity + 1.09-5.85-25.878.7826.28-0.10-5.37-0.14-11.20-25.51
Capex -0.15-0.18-2.31-1.510.03-0.85-2.39-0.06-6.64-7.92
Net Investments 0.52-6.68-24.768.7624.83-0.02-3.57-1.07-5.28-18.13
Others 0.721.011.201.541.420.760.590.980.710.54
Cash Flow From Financing Activity -3.27-7.110.89-31.05-22.79-2.795.95-10.6123.109.68
Net Proceeds from Shares + 0000000000
Net Proceeds from Borrowing 00000-0.57-0.15-0.0318.3431.41
Interest Paid -0.51-0.20-0.09-0.20-0.29-0.29-0.11-0.23-0.61-3.58
Dividend Paid 00-1.57-25.090-0.68-0.68-0.54-0.68-5.19
Others -2.76-6.912.55-5.76-22.50-1.266.89-9.806.05-12.97
Net Cash Flow -0.532.450.952.54-9.462.351.44-4.343.15-1.74

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.5933.1442.8351.7630.2810.43-3.914.2136.844.93
ROCE (%)3.4530.5354.958.5335.267.17-3.694.9433.834.42
Asset Turnover Ratio0.140.20.390.320.440.160.020.090.610.2
PAT to CFO Conversion(x)1.71.021.040.74-0.660.75N/A2.19-0.293.17
Working Capital Days
Receivable Days151154.10011.80614.10128.60324.708.10
Inventory Days2,034.301,248.20588.50748.20590.501,806.4003,074.80447.701,192.70
Payable Days31.9022.4015.108.5019.50134.6027.50922.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shervani Industrial Syndicate Ltd FAQs

The current trading price of Shervani Indl. Synd on 04-Jun-2026 16:59 is ₹307.4.

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 03-Jun-2026 the market cap of Shervani Indl. Synd stood at ₹79.09 Cr

The latest P/E ratio of Shervani Indl. Synd as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Shervani Indl. Synd as of 03-Jun-2026 is 0.83.

The 52-week high of Shervani Indl. Synd is ₹569.9 and the 52-week low is ₹280.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shervani Indl. Synd is ₹16.87 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shervani Industrial Syndicate Ltd is a average quality company.

The key valuation ratios of Shervani Industrial Syndicate 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 Shervani Industrial Syndicate Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Shervani Industrial Syndicate Ltd

Shervani Industrial Syndicate was incorporated in the year 1948. Earlier known as Geep Industrial Syndicate, it acquired its present name with effect from May 21, 1999. The company's facilities are located at Allahabad in Uttar Pradesh and Mysore in Karnataka.

Shervani Industrial Syndicate focuses on real estate operations in India. Previously, the company engaged in manufacturing flashlights and dry cell batteries under the brand name of 'Geep'. The company’s manufacturing units has installed capacities of 5 million flashlight cases, 153 million dry cell batteries, and 6 million miniature lamps and undertakes related job work.

In the year 2008, due to non receipt of adequate orders for production of flashlights, the company suffered huge operational losses and shareholders have approved to dispose off the flashlight and dry-cell battery division.

Subsidiary Company:

Tara Snacks & Foods is a subsidiary of this company whose name has been changed to Farco Foods with effect from March 19, 2009.

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