SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shri Gang Industries & Allied Products Ltd (523309)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523309 NSE: Breweries & Distilleries | Small Cap | Shri Gang Ind&Allied Share Price

₹64.98 -3.11 (-4.57%)

As on 04-Jun'26 16:59

Shri Gang Industries & Allied Products Ltd (523309)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523309 NSE: Breweries & Distilleries | Small Cap | Shri Gang Ind&Allied Share Price

₹64.98 -3.11 (-4.57%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹130 Cr.
Current Price
₹65
52-Week Low / High
₹61 / 109
TTM EPS
₹9.3
TTM Sales
₹402 Cr.
Book Value per Share
₹25.1
P/E Ratio
6.98
Lower than its 5-year historical median
Industry PE
54.3
Price to Book (P/B)
2.59
Higher than its 5-year historical median
Price to Sales (P/S)
0.32
Lower than its 5-year historical median
EV/EBITDA
4.86
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
45.04%
Outperforms industry median
Return on Assets (ROA)
18.47%
Operating Profit Margin
14.9%
Net Profit Margin
9.04%
Gross Profit Margin
11.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
22.01%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
60.93%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
98.31%
Asset Quality
Promoter Holding
40.22%
Pledged shares (%) of Promoter's holding (%)
17.41%
Reserves
₹30 Cr.
Equity
₹20 Cr.
Face Value
₹10
All Time Low / High
₹0.25 / 242.55

Shri Gang Industries & Allied Products stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Shri Gang Industries & Allied Products Ltd a good quality company?
Shri Gang Industries & Allied Products Ltd is a average quality company, based on a somewhat consistent 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 Shri Gang Industries & Allied Products Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shri Gang Industries & Allied Products Ltd vs industry peers?
Shri Gang Industries & Allied Products Ltd revenue CAGR is 698.30%, compared to the industry median CAGR of 15.31%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Shri Gang Industries & Allied Products Ltd?
Promoters hold 40.22% of the Shri Gang Industries & Allied Products Ltd, with 17.41% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Shri Gang Industries & Allied Products Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 10.1% 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.
Shri Gang Industries & Allied Products 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 % 0%0%0%0%-33.4%-12.1%22.9%23.4%33.6%45%-
Value Creation
Index
NANANANANANA0.60.71.42.2-

Growth Parameters

Sales 00.7134.4032.280.2139266324402
Sales YoY Gr.-NA1,788.4%-66.2%-99.8%3,21,800%149.2%72.9%91.6%22%-
Adj EPS -0.8-2.3-5.5-3.1-4.6-4.55.27.36.616.49.3
YoY Gr.-NANANANANANA42.3%-10.1%147.9%-
BVPS (₹) -93.8-73.9-79.9-83.2-97-92.7-85.6-25-16.75.125.1
Adj Net
Profit
-0.6-1.8-4.4-2.4-3.6-3.54.113.211.829.319
Cash Flow from Ops. 0-50.8-6.35.811.91.69.512.914.544.8-
Debt/CF from Ops. 3250.8-0.4-611.96.856.312.39.68.81.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA698.3%59.3%22%
Adj EPS NANA46.9%147.9%
BVPSNANANANA
Share Price - - -2.9% -28.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.93.27.23.75.35-5.8-23.4-31.7-303.261.8
Op. Profit
Mgn %
0-140.4-14.6-27.4-20707.9-1.41012.911.314.99
Net Profit
Mgn %
0-266.7-33.5-55-60894.2-115.19.54.594.6
Debt to
Equity
-0.8-0.3-0.6-1-1.1-1.3-1.7-2.8-4.380.7
Working Cap
Days
03,0182448777,58,5831668476473310
Cash Conv.
Cycle
0-1,298-141-1839,029-86-38-8-43-17

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0113403280139266324
Operating Expenses + 0215613372121236276
Manufacturing Costs0010112162626
Material Costs011240286393190228
Employee Cost 0011023489
Other Costs 011102571112
Operating Profit -0-1-2-1-1-08183048
Operating Profit Margin (%) --140.0%-14.6%-27.4%-20,707.9%-1.4%10.0%12.9%11.3%14.9%
Other Income + 0001001111
Exceptional Items -0-1-1-0000040
Interest 002222251010
Depreciation 0000012356
Profit Before Tax -1-3-5-3-4-45102034
Tax 0000001-455
Profit After Tax -1-3-5-3-4-45131529
PAT Margin (%) --404.0%-36.9%-58.0%-60,894.2%-11.0%5.9%9.5%5.6%9.0%
Adjusted EPS (₹)-0.8-3.5-6.1-3.2-4.6-4.56.07.38.316.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Shri Gang Ind&Allied - 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

mw4me loader

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 + -56-59-63-66-70-73-68-45-3011
Share Capital 8888888181819
Reserves -64-67-71-74-77-81-76-63-48-9
Debt +4203863738811410810574
Long Term Debt48643367718665
Short Term Debt012315870854737199
Minority Interest0000000000
Trade Payables1110334167282014
Others Liabilities 47414943494267726857
Total Liabilities 61327435772120163163155

Fixed Assets

Net Fixed Assets +331919205347123125126
Gross Block22223536377151131138144
Accumulated Depreciation191917171718481318
CWIP 0001118053000
Investments 0000000000
Inventories1110045232518
Trade Receivables0010000334
Cash Equivalents 0000001120
Others Assets 186131914141387
Total Assets 61327435772120163163155

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0-51-661229131445
PBT -1-3-5-3-4-45102034
Adjustment 013233391515
Changes in Working Capital 0-49-471322-5-20-4
Tax Paid 000000-0-0-00
Cash Flow From Investing Activity + 0-0-17-17-13-13-48-26-7-6
Capex 0-0-15-11-9-17-48-26-7-6
Net Investments 0000000000
Others 00-1-6-440000
Cash Flow From Financing Activity + 05123111123813-7-40
Net Proceeds from Shares 000000010011
Net Proceeds from Borrowing 04-2-2-1-00000
Interest Paid 0-0-2-2-2-2-2-5-10-9
Dividend Paid 0000000000
Others 04727144144083-43
Net Cash Flow 0-00-000001-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/A0
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/A45.04
Asset Turnover Ratio00.070.650.1300.50.830.981.772.22
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A1.810.931.55
Working Capital Days
Receivable Days027.6011.10001.500.403.803.503.30
Inventory Days0627.1026.7042.80021.7019.2036.8030.5022.10
Payable Days06,989.70216291.300127.1065.7068.4046.1027

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *21.2421.3821.4921.5421.9021.9022.0822.0819.7417.41
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shri Gang Industries & Allied Products Ltd FAQs

The current trading price of Shri Gang Ind&Allied on 04-Jun-2026 16:59 is ₹64.98.

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 Shri Gang Ind&Allied stood at ₹129.8 Cr

The latest P/E ratio of Shri Gang Ind&Allied as of 03-Jun-2026 is 6.98.

The latest P/B ratio of Shri Gang Ind&Allied as of 03-Jun-2026 is 2.59.

The 52-week high of Shri Gang Ind&Allied is ₹109.0 and the 52-week low is ₹61.41.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Gang Ind&Allied is ₹402 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shri Gang Industries & Allied Products Ltd is a average quality company.

The key valuation ratios of Shri Gang Industries & Allied Products Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Shri Gang Industries & Allied Products Ltd

Shri Gang Industries and Allied Products Limited is a public limited company incorporated in 1989 under the provisions of the Companies Act, 1956 having its registered office at Sandila Phase IV, Sandila Hardoi, Uttar Pradesh.  

The Company was engaged in the business of manufacturing and Sale of Vanaspati, Refined Oils and Bakery Shortening. It manufactured these products under its brands, “Apna” and “Mr. Baker” through their plant situated at Sikandrabad, Uttar Pradesh (UP) and the sales were mainly in the State of Uttar Pradesh. The manufacturing activities at factory premises was suspended with effect from March 25, 2010 since the plant at Sikandrabad (UP) was quite old and required substantial capex towards technological up-gradation and addition of new equipment.

Due to this the company diversified into liquor business and set up Bottling Plant for Indian Made Foreign Liquor (IMFL) at Sandila, Dist. Hardoi, Uttar Pradesh which commenced commercial production in July 2020. The Company also set-up a Distillery unit as a backward integration of Bottling Plant. The Distillery unit commenced commercial production in September, 2022. The company is exclusively manufacturing IMFL for United Spirits Limited.

Business area of the company

The company is now focusing on its liquor business as the edible oils business is not conducive as the plant at Sikandrabad (UP) is quite old and requires substantial capex towards technological up-gradation and addition of new equipment. The company is exclusively manufacturing Indian-made Indian liquor (IMIL) for United Spirits in their popular and prestigious brands. The company also has a long term agreement for supply of ENA to United Spirits.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×