Shanti Overseas (India) Ltd
NSE: SHANTI
Incorporated in 2011, Shanti Overseas India Ltd is engaged in primary processing and trading of agri commodities.[1]
₹6.76
52W: ₹4.7 — ₹23.9
PE 4.12 · Book ₹15.2 · -56% vs bookMarket Cap₹7.5 Cr
Stock P/E4.12Price to Earnings
ROCE16.8%Return on Capital
ROE13.6%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Stock is trading at 0.44 times its book value
- +Debtor days have improved from 79.2 to 39.3 days.
- +Company's working capital requirements have reduced from 185 days to 137 days
Weaknesses
- −The company has delivered a poor sales growth of -31.1% over past five years.
- −Company has a low return on equity of -9.20% over last 3 years.
- −Contingent liabilities of Rs.33.0 Cr.
- −Earnings include an other income of Rs.6.32 Cr.
Shareholding Pattern
Promoters0%
FIIs0%
DIIs0%
Public100%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 52.09% | 52.09% | 9.46%▼42.6 | 6.54%▼2.9 | 3.79%▼2.8 | 0%▼3.8 | 0% | 0% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 47.91% | 47.91% | 90.54%▲42.6 | 93.46%▲2.9 | 96.21%▲2.8 | 100%▲3.8 | 100% | 100% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 2.13 | 0.56 | 2.48 | 2.03 | 17.79 | 0.36 | 0.32 | 0 | 0 |
| Expenses | 0.32 | 3 | 1.04 | 3.21 | 3.09 | 20.42 | 0.26 | 0.04 | 2.19 | 2.24 |
| Operating Profit | -0.32 | -0.87 | -0.48 | -0.73 | -1.06 | -2.63 | 0.1 | 0.28 | -2.19 | -2.24 |
| OPM % | 0% | -40.85% | -85.71% | -29.44% | -52.22% | -14.78% | 27.78% | 87.5% | 0% | 0% |
| Net Profit | -0.39 | -0.16 | -0.11 | -0.37 | -0.21 | -2.06 | 0.16 | 0.17 | -0.12 | 1.61 |
| EPS ₹ | -0.35 | -0.14 | -0.1 | -0.33 | -0.19 | -1.85 | 0.14 | 0.15 | -0.11 | 1.45 |
AI Insights
Revenue Trend
TTM revenue at ₹0.68Cr, down 97% YoY. OPM at -595.59%.
Debt Position
Borrowings at ₹1.05Cr. Debt-to-equity ratio: 0.18x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 0%.
Margin & Efficiency
ROCE declining from 16.45% (Mar 2014) to -16.76% (Mar 2025). Working capital days: 137.4.
Valuation
PE 4.12x with 16.8% ROCE. Price is -56% above book value of ₹15.2. Dividend yield: 0%.
Recent Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 18 April 2026 - Submitted share capital audit report for quarter and year ended March 31, 2026.
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 April 2026 - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026; no dematerialization requests received.
- Trading Window 27 March 2026 - Shanti Overseas: trading window closed April 1, 2026 until 48 hours after audited results.
- Copy of Newspaper Publication 16 February 2026 - Newspaper advertisement of unaudited financial results for quarter and nine months ended 31 Dec 2025, published.
- Appointment 13 February 2026 - Unaudited Q3/9M FY26 results; CFO Pankaj Agarwal resigned (09 Feb); Sumit Bhinge appointed CFO (13 Feb).
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse