BSE: 531962
SHREE METALLOYS LTD.
Trades in ferrous and non-ferrous metals, operating as a stockist and trader based in Ahmedabad and listed on BSE. Full-year FY26 revenue from operations stood at Rs 103.73 crore, marginally lower than Rs 104.19 crore in FY25, while profit after tax rose to Rs 1.46 crore from Rs 1.28 crore. Quarterly performance has been volatile — Q3 FY26 revenue from operations jumped 42% year-on-year to Rs 3,065.39 lakhs, while H1 FY26 revenue fell about 17% versus the prior year period. The cost structure shows minimal direct material costs (0% of revenue in FY26), with employee costs at 0.3% and other operating expenses at 0.7% of revenue, indicating a thin-margin trading model. Working capital pressures are evident — borrowings rose roughly 68% in H1 FY26 to Rs 4.91 crore, and trade receivables grew by around Rs 440 lakhs, leaving operating cash flow negative for FY26. The company has approved related-party transactions for purchase and sale of goods, building materials, real estate development, and reimbursements with Shree Extrusions Limited and Metal Alloys Corporation, each capped at Rs 50 crore over three years. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Ferrous and non-ferrous metals trading. Small-cap, thin-margin ferrous and non-ferrous metals trading
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 49 | 91 | 95 | 104 | 104 |
| EBITDA (ex other income) | 1 | 1 | 1 | 2 | 2 |
| margin % | 1.4 | 1.2 | 0.9 | 1.8 | 2.0 |
| Owners' profit | 0 | 1 | 1 | 1 | 1 |
| EPS, as reported (₹) | 0.50 | 1.18 | 0.96 | 2.43 | 2.75 |
| ROE % · ROCE % | 3.4 · 6.3 | 7.5 · 11.3 | 5.8 · 8.5 | 12.7 · 18.7 | 12.7 · 19.0 |
| Debt / equity (x) | 0.14 | 0.00 | 0.00 | 0.29 | 0.00 |
| Cash from operations | 2 | 5 | (1) | (6) | 7 |
| Capex | (0) | (0) | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29 | 26 | 22 | 27 | 17 | 29 | 31 | 27 |
| Profit before tax | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.32 | 0.64 | 0.69 | 0.78 | 0.24 | 0.75 | 0.88 | 0.88 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 14.9 | 18.1 | 94 of 200 | 53% |
| P/B | 1.9 | 1.1 | 178 of 253 | 30% |
| ROCE | 17.4 | 2.0 | 5 of 59 | 93% |
| ROE | 12.7 | 3.1 | 31 of 257 | 88% |
| Debt / Equity | 0.0 | 0.0 | 1 of 53 | 58% |
| EBITDA margin | 2.5 | 48.6 | 187 of 249 | 25% |
| Revenue growth | (0.6) | 12.6 | 143 of 231 | 38% |
| Profit growth | 13.1 | 7.8 | 122 of 251 | 52% |
| Market cap | 22 | 34 | 163 of 268 | 39% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 2 Oct 2026 · 32nd AGM voting results - all 4 resolutions passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 32nd AGM proceedings: MD reappointment and related party transactions approved | board shareholder meetings | low | — | — |
| 7 Sept 2026 · AGM notice and annual report for FY 2025-26 filed with BSE | results | high | — | — |
| 7 Sept 2026 · AGM Notice FY26 - 32nd AGM on Sept 30, 2026 via VC | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Board Meeting on 14 Aug 2026 to Consider Q1 FY27 Results | results | low | — | — |
| 30 Jul 2026 · Compliance certificate filed under SEBI DP regulation for Q1 FY27 | compliance | minimal | — | — |
| 30 May 2026 · THIS TO INFORM YOU UNDER REGULATION 30 & REGULATION 33 SEBI(LODR) REGULATION 2015 A MEETING OF BOARD OF DIRECTOR OF THE COMPANY WAS HELD ON SATURDAY 30TH MAY 2026 AT THE REGISTERED OFFICE .... | results | high | — | — |
| 30 May 2026 · This is to inform you under Regulation 30 & Regulation 33 of SEBI(LODR) Regulations,2015 a Meeting of Board of Directors of the Company was held on Saturday 30th May, 2026 at the Registered .... | results | medium | — | — |
| 22 May 2026 · Shree Metalloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve This is to inform you under .... | results | low | — | — |
| 13 Apr 2026 · WE HERE ENCLOSE A CERTIFICATE UNDER REGULATION 74(5) OF SEBI ( DEPOSITORIES AND PARTICIPANTS) REGULATION 2018 FOR QUATER AND YEAR ENDED 31ST MARCH 2026 RECIVED FROM ACCURATE SECURITIES .... | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.