Shetron Ltd - Stock Valuation and Financial Performance

BSE: 526137 | NSE: SHETRON | Engineering - Industrial Equipments | Small Cap

Shetron Share Price

166.55 0.90 0.54%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Shetron

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Shetron stock performance -

mw4me loader
P/E Ratio (SA):
27.21
Market Cap:
150 Cr.
52-wk low:
91.7
52-wk high:
182.5

Is Shetron Ltd an attractive stock to invest in?

1. Is Shetron Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shetron Ltd is a average quality company.

2. Is Shetron Ltd undervalued or overvalued?

The key valuation ratios of Shetron Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shetron Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shetron Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shetron:

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.
Shetron Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.4%13%12.5%12.3%12.9%11.1%7%15.8%16.3%15%-
Value Creation
Index
-0.1-0.1-0.1-0.1-0.1-0.2-0.50.10.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 161158149168165162171226245240224
Sales YoY Gr.--2%-5.7%13.1%-2.1%-1.5%5%32.4%8.4%-1.9%-
Adj EPS 1.22.41.31.52.7-0-2.35.367.16.1
YoY Gr.-96.8%-44.6%11.2%83.9%-100.4%NANA13.1%17.9%-
BVPS (₹) 44.546.141.443.245.446.744.349.85662.765.6
Adj Net
Profit
1.12.21.21.32.50-24.85.46.46
Cash Flow from Ops. 8.917.416.411.4-12.62.4-0.16.81111.7-
Debt/CF from Ops. 125.65.36.4-632.7-581.79.66.25.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.5%7.8%12.1%-1.9%
Adj EPS 21.5%21%NA17.9%
BVPS3.9%6.7%12.3%12.1%
Share Price 23.8% 50.7% 69.8% 62.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2.85.43.13.56.2-0-511.311.4129.5
Op. Profit
Mgn %
15.916.8151211.79.77.29.49.29.69.3
Net Profit
Mgn %
0.71.40.80.81.5-0-1.22.12.22.72.5
Debt to
Equity
2.72.32.31.91.91.81.91.51.41.20.4
Working Cap
Days
20821621520321721920716415215389
Cash Conv.
Cycle
6669687287999874687330

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.05%

Return on Equity has declined versus last 3 years average to 9.50%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.15

Sales growth is not so good in last 4 quarters at -8.72%

Latest Financials - Shetron Ltd.

Standalone Consolidated
TTM EPS (₹) 6.1 1.3
TTM Sales (₹ Cr.) 224 163
BVPS (₹.) 65.6 0
Reserves (₹ Cr.) 50 33
P/BV 2.54 0.00
PE 27.21 123.93
From the Market
52 Week Low / High (₹) 91.65 / 182.50
All Time Low / High (₹) 3.00 / 182.50
Market Cap (₹ Cr.) 150
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 59.3

Management X-Ray of Shetron:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *8.328.368.364.970.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shetron

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales161158149168165162171226245240
Operating Expenses 136132126147146147158205222217
Manufacturing Costs8989101010111314
Material Costs10710197117113112123166178171
Employee Cost 10111314151717192224
Other Costs 111187888998
Operating Profit 25252221191612212223
Operating Profit Margin (%) 15.5%16.1%15.0%12.4%11.4%9.7%7.2%9.4%9.2%9.6%
Other Income 1121231221
Interest 1716141211121011109
Depreciation 8887665656
Exceptional Items 0000000000
Profit Before Tax 123331-2799
Tax 0111100233
Profit After Tax 122221-2567
PAT Margin (%) 0.5%1.0%1.3%1.1%1.3%0.5%-1.2%2.3%2.5%2.7%
Adjusted EPS (₹)0.81.72.12.02.41.0-2.25.76.77.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%15%14%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 40423739414240455056
Share Capital 9999999999
Reserves 31332830323331364147
Minority Interest0000000000
Debt100877355727269616461
Long Term Debt62514021363436313228
Short Term Debt38353334373733313233
Trade Payables28253137292526362731
Others Liabilities 162024281311121199
Total Liabilities 183172165159155150147153150157

Fixed Assets

Gross Block156157134138142155157160170178
Accumulated Depreciation8997828995108114119124130
Net Fixed Assets67605249474743414647
CWIP 2343000010
Investments 1444400000
Inventories34333540474348564853
Trade Receivables36293336292927282831
Cash Equivalents 79115567666
Others Assets36352622232522222220
Total Assets 183172165159155150147153150157

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 9171611-132071112
PBT 123331-2799
Adjustment 2424719171815161515
Changes in Working Capital 0873-21-4-4-3-0-1
Tax Paid 000-1-100-2-3-3
Cash Flow From Investing Activity -1-4-41-1-1-2-3-11-7
Capex -1-1-41-2-5-2-3-11-7
Net Investments 0-300040000
Others 0000000000
Cash Flow From Financing Activity -10-11-11-1914-22-51-5
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -10-11-11-1914-22-51-4
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow -232-6000-100
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.873.74.724.795.522.12-4.8312.0912.6112.23
ROCE (%)12.3713.0212.512.312.8911.06715.8316.3315.04
Asset Turnover Ratio0.960.960.951.061.051.061.151.51.611.56
PAT to CFO Conversion(x)98.585.5-6.52N/A1.41.831.71
Working Capital Days
Receivable Days67697073726560454244
Inventory Days687177809610197847877
Payable Days90941041051068977696562

Shetron Ltd Stock News

Shetron Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shetron on 20-Dec-2024 16:59 is ₹166.6.
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 20-Dec-2024 16:59 the market cap of Shetron stood at ₹149.9.
The latest P/E ratio of Shetron as of 20-Dec-2024 16:59 is 27.21.
The latest P/B ratio of Shetron as of 20-Dec-2024 16:59 is 2.54.
The 52-week high of Shetron is ₹182.5 and the 52-week low is ₹91.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shetron is ₹224.1 ( Cr.) .

About Shetron Ltd

Shetron was incorporated in 1980 and commenced production in 1984 for the manufacturing of metal cans for food and dry cell battery jackets / components.

The company is the largest integrated  producer of dry cell battery jackets in  the South East Asian region and a single source supplier for many multinatoinal industries. 

Shetron Technology focuses on two vital sectors - food and energy. As one of the leading manufacturers of metal packaging, printed metal sheets and dry-cell battery jackets and components, SHETRON is rightly 'The Name Behind the Names'. With world class manufacturing facilities, Shetron offers products of international standards.

During the last over 2 decades, the company has attained the number one position as the most preferred supplier to a large number of leading organizations.

Shetron is an organisation dedicated to excellence in packaging, packaging that protects, preserves and promotes products and that offers value.

An ISO 9001:2000 company, Shetron has facilities that match some of the world’s best can-making units.The growing list of satisfied clients, which includes leading names in food and food processing industry.  

Product range of the company includes:

  • Metal Cans 
  • Cans Ends 
  • Dry Cell Battery Jackets
  • Dry Cell Battery Components 
  • Printed & Lacquered Metal Sheets 
  •  e-Brochures 

Achievements/ recognition:

  • ISO 9001:2000 certified company
  • International Awards for Best Packaging.
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