Shrenik Ltd
NSE: SHRENIK
Incorporated in 2012, Shrenik Ltd does Trading and Processing of all kinds of Paper, Pulp, Paper Boards etc.[1]
₹0.38
52W: ₹0.36 — ₹0.68
PE 122 · Book ₹2.88 · -87% vs bookMarket Cap₹23.3 Cr
Stock P/E122Price to Earnings
ROCE0%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company is expected to give good quarter
Weaknesses
- −Promoter holding has decreased over last quarter: -0.86%
- −The company has delivered a poor sales growth of -37.0% over past five years.
- −Promoter holding is low: 24.5%
- −Promoters have pledged 99.9% of their holding.
- −Debtor days have increased from 15.6 to 41.4 days.
Shareholding Pattern
Promoters24.53%
FIIs0%
DIIs0%
Public75.48%
| Category | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 33% | 30.72%▼2.3 | 30.72% | 29.34%▼1.4 | 25.8%▼3.5 | 25.38%▼0.4 | 25.38% | 24.53%▼0.8 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0.05%▲0.1 | 0%▼0.1 | 0% | 0% |
| Public | 67% | 69.28%▲2.3 | 69.28% | 70.66%▲1.4 | 74.15%▲3.5 | 74.62%▲0.5 | 74.62% | 75.48%▲0.9 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10.45 | 5.99 | 3.24 | 4.84 | 4.65 | 4.75 | 5.83 | 9.02 | 9.19 | 11.65 |
| Expenses | 10.29 | 248.79 | 3.54 | 5 | 5.01 | 4.8 | 6.29 | 8.84 | 8.12 | 12.75 |
| Operating Profit | 0.16 | -242.8 | -0.3 | -0.16 | -0.36 | -0.05 | -0.46 | 0.18 | 1.07 | -1.1 |
| OPM % | 1.53% | -4053.42% | -9.26% | -3.31% | -7.74% | -1.05% | -7.89% | 2% | 11.64% | -9.44% |
| Net Profit | -0.08 | -234.94 | -0.15 | 0.05 | -0.07 | 0.08 | -0.07 | 0.22 | 1.07 | -1.03 |
| EPS ₹ | 0 | -3.84 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -0.02 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹36.07Cr, up 99.3% YoY. OPM at 0.22%.
Debt Position
Borrowings at ₹124.59Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 24.53%.
Margin & Efficiency
ROCE declining from 14.8% (Mar 2015) to 0% (Mar 2026). Working capital days: -865.9.
Recent Announcements
- Copy of Newspaper Publication 14 May 2026 - Audited standalone financial results for quarter and year ended 31 March 2026 published on 14 May 2026.
- Address Change 13 May 2026 - Board approved audited FY26 standalone results and shifted registered office to Ahmedabad-380051.
- Outcome of Board Meeting 13 May 2026 - Shrenik approved FY26 audited results, unmodified audit opinion, and shifted registered office to Ahmedabad-380051.
- General Updates 29 April 2026 - Shrenik confirms it is not a Large Corporate as of March 31, 2026; long-term borrowings were Rs. 48.50 crore.
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.
- Financial Year 2024 from nse
- Financial Year 2023 from nse
- Financial Year 2022 from nse