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Shri Hare-Krishna Sponge Iron Ltd (SHKSIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SHKSIL Steel/Sponge Iron/Pig Iron | Small Cap | Shri Hare-Krishna Share Price

BSE Share Price
Not Listed

Shri Hare-Krishna Sponge Iron Ltd (SHKSIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SHKSIL Steel/Sponge Iron/Pig Iron | Small Cap | Shri Hare-Krishna Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹73 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹3.2
TTM Sales
₹66.6 Cr.
Book Value per Share
₹53.9
P/E Ratio
11.77
Higher than its 5-year historical median
Industry PE
34.3
Price to Book (P/B)
0.70
Lower than its 5-year historical median
Price to Sales (P/S)
1.09
Higher than its 5-year historical median
EV/EBITDA
4.67
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
13.33%
Outperforms industry median
Return on Capital Employed (ROCE)
16.05%
Outperforms industry median
Return on Assets (ROA)
10.91%
Operating Profit Margin
13.5%
Net Profit Margin
11.43%
Gross Profit Margin
17.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.19%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-11.35%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-9.54%
Asset Quality
Promoter Holding
73.58%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹84 Cr.
Equity
₹19.2 Cr.
Face Value
₹10
All Time Low / High
- / -

Shri Hare-Krishna Sponge Iron stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Shri Hare-Krishna Sponge Iron Ltd a good quality company?
Shri Hare-Krishna Sponge Iron 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 Shri Hare-Krishna Sponge Iron Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shri Hare-Krishna Sponge Iron Ltd vs industry peers?
Shri Hare-Krishna Sponge Iron Ltd revenue CAGR is 7.33%, compared to the industry median CAGR of 7.65%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Shri Hare-Krishna Sponge Iron Ltd?
Promoters hold 73.58% of the Shri Hare-Krishna Sponge Iron Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shri Hare-Krishna Sponge Iron 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.
Shri Hare-Krishna Sponge Iron Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -19.7%5.7%21.6%34%-1.5%19.6%31%29.1%22%16.1%-
Value Creation
Index
-2.4-0.60.51.4-1.10.41.21.10.60.2-

Growth Parameters

Sales 39.543.446.274.456.550.582.294.382.380.567
Sales YoY Gr.-9.9%6.4%61.2%-24.1%-10.7%62.8%14.7%-12.7%-2.2%-
Adj EPS -4.40.22.82.2-0.83.76.37.57.26.53.2
YoY Gr.-NA1113%-20.4%-137.8%NA72%17.7%-3.2%-9.7%-
BVPS (₹) 12.913.21621.820.924.630.938.445.652.153.9
Adj Net
Profit
-6.30.33.93.1-1.25.28.910.510.29.26
Cash Flow from Ops. 3.3-1.55.4-6.185.71.522.81.412.9-
Debt/CF from Ops. 1.8-3.80.6-1.40.40.10.505.10.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8.2%7.3%-0.7%-2.2%
Adj EPS NANA0.9%-9.7%
BVPS16.8%20%19%14.3%
Share Price - - - -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-29.41.819.211.8-3.916.222.821.517.213.36.1
Op. Profit
Mgn %
-13.4312.14.5-212.41514.914.913.5NAN
Net Profit
Mgn %
-15.90.88.54.2-2.110.310.911.212.411.49.3
Debt to
Equity
0.30.30.20.30.10000.10.2-
Working Cap
Days
1611161179514613199991131310
Cash Conv.
Cycle
846873526760483741440

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales39.4743.3746.1574.4056.5050.4682.1794.2582.2780.47
Operating Expenses + 44.7642.0540.5571.0757.6144.1969.8880.1770.0269.61
Manufacturing Costs2.652.472.8213.136.784.096.8676.273.86
Material Costs40.2137.6735.8654.9147.8837.9660.2369.0257.6660.19
Employee Cost 1.010.911.031.891.631.311.772.803.573.70
Other Costs 0.8910.841.151.330.821.021.362.531.86
Operating Profit -5.291.315.603.32-1.116.2712.2914.0812.2510.86
Operating Profit Margin (%) -13.4%3.0%12.1%4.5%-2.0%12.4%15.0%14.9%14.9%13.5%
Other Income + 0.430.560.238.060.920.790.7412.673.13
Exceptional Items 0000000000
Interest 0.7910.730.520.640.170.200.220.230.20
Depreciation 0.570.500.410.380.340.370.650.610.991.42
Profit Before Tax -6.210.384.6910.48-1.186.5212.1814.2613.6912.37
Tax 00.020.752.250.011.323.253.733.513.17
Profit After Tax -6.210.363.948.22-1.195.208.9410.5310.179.20
PAT Margin (%) -15.7%0.8%8.5%11.1%-2.1%10.3%10.9%11.2%12.4%11.4%
Adjusted EPS (₹)-4.40.32.85.8-0.83.76.37.57.26.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Shri Hare-Krishna - 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 + 18.2218.5822.5230.7429.5534.7643.6954.2264.3973.59
Share Capital 14.1214.1214.1214.1214.1214.1214.1214.1214.1214.12
Reserves 4.104.468.4016.6215.4320.6429.5740.1050.2759.47
Debt +5.815.883.278.233.110.750.750.757.2411.39
Long Term Debt0000000007.62
Short Term Debt5.815.883.278.233.110.750.750.757.243.77
Minority Interest0000000000
Trade Payables2.430.660.370.471.261.080.960.670.701.03
Others Liabilities 0.430.623.134.501.833.222.452.853.276.94
Total Liabilities 26.8825.7529.2843.9435.7739.8147.8558.4975.6192.95

Fixed Assets

Net Fixed Assets +4.914.434.034.013.804.173.673.738.378.07
Gross Block20.99212121.3721.5122.2422.3823.0528.1529.27
Accumulated Depreciation16.0716.5716.9817.3617.7018.0718.7219.3219.7821.20
CWIP 000000000.8511.58
Investments 2.021.791.791.021.021.021.251.991.991.99
Inventories9.3410.4910.8013.527.699.2512.568.5411.479.83
Trade Receivables0.950.970.580.900.352.020.060.0600.01
Cash Equivalents flag 5.423.185.2611.3213.4415.9917.1627.333938.86
Others Assets 4.234.886.8213.169.457.3513.1516.8513.9322.60
Total Assets 26.8825.7529.2843.9435.7739.8147.8558.4975.6192.95

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3.30-1.545.43-6.058.015.721.5222.841.4212.93
PBT -6.210.384.6910.48-1.186.5212.1814.2613.6912.37
Adjustment 1.371.501.14-6.360.990.420.910.91-1.32-1.43
Changes in Working Capital 8.14-3.40.11-7.98.58-0.4-8.711.73-8.086.25
Tax Paid 0-0.02-0.51-2.27-0.38-0.82-2.87-4.06-2.87-4.25
Cash Flow From Investing Activity + -0.300.21-0.017.67-0.14-0.73-4.70-16.08-15.49-20.20
Capex -0.300.21-0.01-0.36-0.14-0.73-0.15-0.67-6.51-0.27
Net Investments 000000-4.56-15.41-10.28-1.82
Others 0008.0300001.30-18.11
Cash Flow From Financing Activity + -1.67-0.92-3.344.43-5.75-2.44-0.20-0.226.263.99
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000007.62
Interest Paid -0.78-0.99-0.73-0.52-0.64-0.08-0.20-0.22-0.23-0.16
Dividend Paid 0000000000
Others -0.890.08-2.614.95-5.11-2.36-0-06.49-3.48
Net Cash Flow 1.33-2.242.086.062.122.55-3.396.54-7.81-3.28

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-29.121.9519.1830.88-3.9416.1822.7821.517.1613.33
ROCE (%)-19.675.721.5633.96-1.519.6430.9729.1121.9916.05
Asset Turnover Ratio1.411.851.962.41.421.341.871.771.230.95
PAT to CFO Conversion(x)N/A-4.281.38-0.74N/A1.10.172.170.141.41
Working Capital Days
Receivable Days107.205.303.104.108.604.600.200.100
Inventory Days100.8074.4072.2050.6068.5061.3048.4040.9044.4048.30
Payable Days29.40155.202.806.6011.306.204.304.405.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shri Hare-Krishna Sponge Iron Ltd FAQs

The current trading price of Shri Hare-Krishna 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 Shri Hare-Krishna stood at ₹72.93 Cr

The latest P/E ratio of Shri Hare-Krishna as of 31-Dec-1969 is 11.77.

The latest P/B ratio of Shri Hare-Krishna as of 31-Dec-1969 is 0.70.

The 52-week high of Shri Hare-Krishna is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Hare-Krishna is ₹66.64 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shri Hare-Krishna Sponge Iron Ltd is a good quality company.

The key valuation ratios of Shri Hare-Krishna Sponge Iron 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 Shri Hare-Krishna Sponge Iron Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Shri Hare-Krishna Sponge Iron Ltd

Shri Hare-Krishna Sponge Iron limited was originally incorporated as a private limited company under the name of ‘Shri Hare-Krishna Sponge Iron Private Limited’ on May 02, 2003 under the provisions of the Companies Act, 1956 with the Registrar of Companies, West Bengal. Thereafter, the company was converted from private limited to public limited, pursuant to a special resolution passed by the shareholders of the company on May 25, 2007 and the name of the company was changed from ‘Shri Hare-Krishna Sponge Iron Private Limited’ to ‘Shri Hare-Krishna Sponge Iron Limited’ vide fresh certificate of incorporation dated June 20, 2007, issued by the Registrar of Companies, West Bengal.

Established in 2003, the company is primarily engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, the company caters to the metallic requirements of steel producers in selected geographies.

The company has been granted ISO 9001:2015 for quality management systems, ISO 14001:2015 for environmental management systems and ISO 45001:2018 for occupational health and safety management systems. Its manufacturing facility is equipped with requisite technology and infrastructure including machineries, testing laboratory other handling equipments to facilitate smooth manufacturing process. The key raw materials to produce sponge iron are iron ore/iron ore pellets, coal and dolomite. Sponge iron manufacturing is highly sensitive to raw material characteristics that would help obtain the rated capacity and the desired product quality. To ascertain the suitability of its raw materials in a rotary kiln, the company has in-house testing laboratory that is responsible for conducting tests on raw materials i.e. coal, iron ore and dolomite to check their chemical and physical properties, so as to ensure that the product conform with the pre-determined standards. 

Business area of the company

The company is engaged in the business of manufacturing and selling of Sponge Iron.

Products of the company

  • Sponge Iron
  • Dolochar 

History and milestones

  • 2005: The company added induction furnace in its factory to increase production efficiency. 
  • 2007: The company established a semi-automated structure rolling mill to enhanced its production technology and capabilities. 
  • 2012: Started the production of steel shots (an import-substituted product) 
  • 2020: Crossed total revenue of Rs 7,500 lakh.

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