Shah Metacorp Ltd
NSE: SHAH BSE: 533275
Shah Metacorp Ltd (SHAH) is a Diversified company listed on NSE: SHAH | BSE: 533275. With a market cap of ₹481 Cr and ROCE of 7.43%, ROE of 8.48%, it operates in the Indian Diversified sector.
₹5.43
52W: ₹2.77 — ₹5.88
PE 66.1 · Book ₹3.49 · +56% vs bookMarket Cap₹481 Cr
Stock P/E66.1Price to Earnings
ROCE7.43%Return on Capital
ROE8.48%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 21.9% CAGR over last 5 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Promoter holding is low: 29.2%
- −Tax rate seems low
- −Contingent liabilities of Rs.164 Cr.
- −Company has high debtors of 270 days.
- −Promoter holding has decreased over last 3 years: -10.4%
- −Working capital days have increased from 165 days to 284 days
Shareholding Pattern
Promoters29.15%
FIIs0%
DIIs0.04%
Public70.81%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 36.18% | 29.81%▼6.4 | 30.88%▲1.1 | 30.88% | 33.17%▲2.3 | 29.15%▼4.0 | 29.15% | 29.15% |
| FIIs | 0% | 0.06%▲0.1 | 0%▼0.1 | 0% | 0% | 0% | 0.01%▲0.0 | 0%▼0.0 |
| DIIs | 0% | 0% | 0% | 0% | 0.05%▲0.1 | 0.04%▼0.0 | 0.04% | 0.04% |
| Public | 63.81% | 70.13%▲6.3 | 69.13%▼1.0 | 69.13% | 66.78%▼2.3 | 70.81%▲4.0 | 70.79%▼0.0 | 70.81%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21.33 | 12.91 | 41.39 | 44.88 | 48.54 | 35.89 | 41.46 | 28.9 | 39.81 | 45.81 |
| Expenses | 20.74 | 11.44 | 39.27 | 41.49 | 45.78 | 33.93 | 38.76 | 25.7 | 38.52 | 44.39 |
| Operating Profit | 0.59 | 1.47 | 2.12 | 3.39 | 2.76 | 1.96 | 2.7 | 3.2 | 1.29 | 1.42 |
| OPM % | 2.77% | 11.39% | 5.12% | 7.55% | 5.69% | 5.46% | 6.51% | 11.07% | 3.24% | 3.1% |
| Net Profit | 0.76 | 0.77 | 1.42 | 23.27 | 2.48 | 2.74 | 3.86 | 2.53 | 0.32 | 0.57 |
| EPS ₹ | 0.02 | 0.02 | 0.03 | 0.55 | 0.04 | 0.05 | 0.06 | 0.04 | 0 | 0.01 |
AI Insights
Revenue Trend
TTM revenue at ₹156Cr, down 8.8% YoY. OPM at 6%.
Debt Position
Borrowings at ₹1Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0.04% (+0.04pp change). FIIs: 0% (+0.00pp change). Promoters hold 29.15%.
Margin & Efficiency
ROCE improving from 7% (Mar 2014) to 7% (Mar 2025). Working capital days: 284.
Valuation
PE 66.1x with 7.43% ROCE. Price is 56% above book value of ₹3.49. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Under The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations'). 1d - Board meets May 20, 2026 to decide ₹4,980 lakh rights issue terms, price and entitlement ratio.
- Board Meeting Intimation for Intimation Of Board Meeting In Compliance With Regulation 29 And 33 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations'). 14 May - Board meeting on May 26, 2026 to approve audited Q4 and FY26 standalone and consolidated results.
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 SEBI LODR Regulations. 14 May - NSE and BSE granted in-principle approval for Shah Metacorp’s rights issue up to Rs 4,980 lakhs on May 14, 2026.
- Announcement under Regulation 30 (LODR)-Acquisition 24 Apr - Board approved Rs 52,000 investment for 26% stake in Strike Eco Grid Private Limited by 15.05.2026.
- Announcement under Regulation 30 (LODR)-Acquisition 23 Apr - Board approved 26% stake in Strike Eco Grid Private Limited for Rs. 52,000 by 15.05.2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse