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Shree Steel Wire Ropes Ltd (513488)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513488 NSE: Steel & Iron Products | Small Cap | Shree Steel WireRope Share Price

₹20.23 -0.13 (-0.64%)

As on 03-Jul'26 16:59

Shree Steel Wire Ropes Ltd (513488)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513488 NSE: Steel & Iron Products | Small Cap | Shree Steel WireRope Share Price

₹20.23 -0.13 (-0.64%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹7 Cr.
Current Price
₹20.2
52-Week Low / High
₹17 / 35
TTM EPS
₹-1.9
TTM Sales
₹4.9 Cr.
Book Value per Share
₹38.6
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
24.4
Price to Book (P/B)
0.52
Lower than its 5-year historical median
Price to Sales (P/S)
1.37
Higher than its 5-year historical median
EV/EBITDA
-21.77
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-1.90%
Underperforms industry median
Return on Capital Employed (ROCE)
-2.49%
Underperforms industry median
Return on Assets (ROA)
-1.72%
Operating Profit Margin
-1.1%
Net Profit Margin
-2.24%
Gross Profit Margin
0.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
13.65%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
30.85%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹9 Cr.
Equity
₹3.3 Cr.
Face Value
₹10
All Time Low / High
₹0.55 / 55.00

Shree Steel Wire Ropes stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Shree Steel Wire Ropes Ltd a good quality company?
Shree Steel Wire Ropes 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 Shree Steel Wire Ropes Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shree Steel Wire Ropes Ltd vs industry peers?
Shree Steel Wire Ropes Ltd revenue CAGR is -12.07%, compared to the industry median CAGR of 7.56%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Shree Steel Wire Ropes Ltd?
Promoters hold 30.85% of the Shree Steel Wire Ropes Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shree Steel Wire Ropes Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.9% 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 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.
Shree Steel Wire Ropes 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 % 19.2%9.9%9.8%11.1%23.1%10.2%2.1%8.2%-1.1%-2.5%-
Value Creation
Index
0.4-0.3-0.3-0.20.7-0.3-0.9-0.4-1.1-1.2-

Growth Parameters

Sales 11.59.61318.121.51415.218.11011.35
Sales YoY Gr.--16.2%34.8%39.3%19.1%-35.2%9.2%19%-45%13.7%-
Adj EPS 31.62.11.45.92.60.82.4-0.5-0.8-1.9
YoY Gr.--46.3%29.2%-33.7%326.8%-55.5%-69.1%192.6%-119%NA-
BVPS (₹) 25.627.329.330.735.538.539.44140.740.338.6
Adj Net
Profit
10.50.70.520.90.30.8-0.2-0.3-1
Cash Flow from Ops. 0.40.60.70.70.30.50.41.90.6-0.2-
Debt/CF from Ops. 0.20.10.30.20.10.20.1000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.2%-12.1%-9.4%13.7%
Adj EPS -186%-166.6%-198.3%NA
BVPS5.2%2.5%0.8%-1.1%
Share Price 4.5% -3% -15.1% -37.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
12.56.17.44.617.97.12.15.9-1.1-1.9-4.8
Op. Profit
Mgn %
11.16.16.16.612.610.63.27.4-0.1-1.1-9.4
Net Profit
Mgn %
8.65.55.32.59.16.21.84.3-1.5-2.2-12.8
Debt to
Equity
00000000000
Working Cap
Days
205251195155123199193172275230266
Cash Conv.
Cycle
4571524545979896158136244

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales11.499.6312.9818.0821.5313.9515.2318.129.9611.32
Operating Expenses + 10.229.0412.1916.8818.8612.4714.7516.799.9711.45
Manufacturing Costs0.570.510.500.691.280.920.810.840.440.76
Material Costs7.016.067.4610.7214.708.9111.0112.716.677.95
Employee Cost 1.191.201.472.012.122.012.182.492.201.98
Other Costs 1.451.272.763.450.760.640.760.750.660.76
Operating Profit 1.280.590.791.202.671.470.481.33-0.01-0.13
Operating Profit Margin (%) 11.1%6.1%6.1%6.6%12.4%10.6%3.1%7.4%-0.1%-1.1%
Other Income + 0.370.390.270.070.060.030.090.070.200.19
Exceptional Items 0000000000
Interest 0.010.010.020.170.010.010.010.010.050
Depreciation 0.110.110.140.160.190.260.300.320.330.40
Profit Before Tax 1.520.860.910.952.531.230.261.07-0.19-0.34
Tax 0.530.330.220.490.600.37-0.010.28-0.04-0.08
Profit After Tax 0.990.530.690.461.930.870.270.78-0.15-0.25
PAT Margin (%) 8.6%5.5%5.3%2.5%9.0%6.2%1.8%4.3%-1.5%-2.2%
Adjusted EPS (₹)3.01.62.11.45.82.60.82.4-0.5-0.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Shree Steel WireRope - Standalone

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

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 + 8.468.999.6810.1111.7212.701313.5213.4413.29
Share Capital 3.303.303.303.303.303.303.303.303.303.30
Reserves 5.165.696.386.818.429.419.7010.2210.149.99
Debt +0.060.030.200.0300.020000
Long Term Debt0.0600.120.0300.020000
Short Term Debt00.030.080000000
Minority Interest0000000000
Trade Payables1.221.611.932.491.701.441.710.780.690.29
Others Liabilities 0.470.290.221.130.930.741.151.520.910.93
Total Liabilities 10.2110.9312.0313.7614.3514.9115.8515.8315.0414.51

Fixed Assets

Net Fixed Assets +1.441.341.521.682.804.234.334.214.224.69
Gross Block8.488.498.808.8710.164.2312.2612.4512.8113.67
Accumulated Depreciation7.037.157.287.197.3707.938.258.588.98
CWIP 00000.270000.010.02
Investments 01.262.442.441.240.010.010.010.010.01
Inventories1.541.372.223.072.802.734.043.373.303.23
Trade Receivables2.252.571.592.483.723.703.132.131.381.53
Cash Equivalents 1.121.240.981.351.191.551.653.743.652.65
Others Assets 3.863.163.282.742.342.692.692.362.472.38
Total Assets 10.2110.9312.0313.7614.3514.9115.8515.8315.0414.51

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.400.630.700.720.260.490.351.940.56-0.17
PBT 1.520.860.910.952.531.230.261.07-0.19-0.34
Adjustment -0.17-0.16-0.070.170.160.230.12-0.070.320.39
Changes in Working Capital -0.510.30.18-0.23-1.85-0.510.141.040.55-0.17
Tax Paid -0.44-0.36-0.32-0.17-0.58-0.46-0.16-0.10-0.11-0.05
Cash Flow From Investing Activity + -0.08-0.48-1.13-0.25-0.750.16-0.57-0.76-0.49-1.09
Capex -0.13-0.01-0.32-0.32-0.39-0.20-0.40-0.20-0.36-0.88
Net Investments 0-1.25-1.21-0-0.370.33-0.38-1.05-0.12-0.15
Others 0.050.790.390.070.010.030.210.48-0.02-0.05
Cash Flow From Financing Activity + 0.06-0.030.15-0.11-0.030.04-0.05-0.01-0.22-0
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.06-0.030.20-0.09-0.030.02-0.020-0.180
Interest Paid -0.01-0.01-0.01-0.01-0.01-0.01-0-0.01-0.04-0
Dividend Paid 0000000000
Others 00-0.03000.02-0.030-00
Net Cash Flow 0.380.12-0.280.36-0.530.69-0.271.16-0.15-1.26

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)12.486.117.364.6217.657.112.085.92-1.11-1.9
ROCE (%)19.199.879.7811.0923.1310.162.118.15-1.06-2.49
Asset Turnover Ratio1.341.011.161.41.811.121.171.190.650.77
PAT to CFO Conversion(x)0.41.191.011.570.130.561.32.49N/AN/A
Working Capital Days
Receivable Days53.108257.1041.1044.5082.2069.305164.5046.90
Inventory Days42.6049.4049.2053.4042.2061.4068.8071.90122.30105.20
Payable Days67.2085.1086.6075.305264.4052.3035.8040.5022.60

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

Shree Steel Wire Ropes Ltd FAQs

The current trading price of Shree Steel WireRope on 03-Jul-2026 16:59 is ₹20.23.

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-Jul-2026 the market cap of Shree Steel WireRope stood at ₹6.70 Cr

The latest P/E ratio of Shree Steel WireRope as of 02-Jul-2026 is 0.00.

The latest P/B ratio of Shree Steel WireRope as of 02-Jul-2026 is 0.52.

The 52-week high of Shree Steel WireRope is ₹34.87 and the 52-week low is ₹16.60.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Steel WireRope is ₹4.88 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shree Steel Wire Ropes Ltd is a average quality company.

The key valuation ratios of Shree Steel Wire Ropes Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

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

About Shree Steel Wire Ropes Ltd

Shree Steel Wire Ropes established in 1972 is today a BLUE CHIP Company and a leader in Steel Wire Ropes. Operating from its modern sophisticated state-of-the-art plant at Khopoli. Shree believes quality is not an incidental phenomena but the outcome of untinted cohesive team work. This is why their technocrats are always one step ahead.

The company is a dominating name in the field of Steel Wire Ropes since 1972 having its modern sophisticated plant at Khopoli near Mumbai.

The company is keeping pace with the modern latest technology. This is one of the main reason for their winning continuously Export Excellency Award from Govt. of India for the fourth consecutive year since 1992-93 till date.

The company produces wire ropes to all international standards including BS/DIN/GOST/API/FEDERAL. They have the 'Total Technology for any type of wire rope'.

Shree is also a major source of indigenous development of various import substitution items. 'SHREE' Wire ropes are approved by internationally acclaimed inspection agencies like Lloyd's, American Bureau of Shipping, Bureau Veritas, SGS India Ltd., etc., on several occasions. 'SHREE' is playing a key role and one of the major supplier to Railways, Port Trusts, ONGC, Oil India, Defense, Steel Plants, Dept. of Atomic Energy, CoalFields and other major projects.

Shree Wire Ropes are in extensive use in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Construction, Aerial Application, Deep Sea Exploration and so on. Shree Steel Wire Ropes has recently introduced a new fully equipped modern foundry division. This area produces specially the following items:

  • Non-ferrous castings
  • Aluminium Alloys.
  • Aluminium Bronze
  • Brass

Shree Steel Wire Ropes can produce the various engineering components and parts from 50 grams to 10 kg per piece as per the customer’s drawings and specifications with International standards.

The company’s current production is over 1000 kg per day and its promised to improve the poduction atleast twice in the coming year.

Product range of the company includes:

  • Wire ropes A wire rope is made up of a number of strands laid helically about a metallic or non metallic core. Each strand consists of a number of wires also laid helically about a metallic or non metallic centre. For manufacturing rope wire the following materials are used such as Iron, Traction Steel, Plough Steel/Improved Plough Steel. Iron wire rope is largely used for low strengths, Plough and Improved Plough Steels are used for higher strengths. Ropes made of galvanized wire or wire coated with zinc by the electro deposition process are used in certain applications where additional protection against rusting is required.
  • Allied Products

Achievements/ recognition:

  • An ISO 9002 certified company
  • 'SHREE' is the winner of Export Excellency Award for 91-92, 92-93, 93-94, 94-95 & 95-96
  • 'SHREE' wire ropes are approved by internationally acclaimed inspection agencies like Lloyd's, American Bureau of Shipping, Bureau Veritas, SGS India Ltd., etc., on several occasions.
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