Shervani Industrial Syndicate (SHERVANI)₹338.90+4.41%Residential, Commercial Projects
In the Jun 2026 quarter (consolidated), Shervani Industrial Syndicate reported sales of ₹4.59 Cr, down 48.0% from Jun 2025, and net profit of ₹1.32 Cr, up 300.0% year on year. For the year to Mar 2026, sales were ₹21.29 Cr and net profit −₹0.72 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30.41 | 13.04 | 25.60 | 10.51 | 19.68 | 11.68 | 6.41 | 8.83 | 3.34 | 6.59 | 1.48 | 4.59 |
| Expenses | 23.38 | 10.84 | 25.53 | 10.46 | 18.17 | 10.97 | 7.05 | 8.80 | 4.40 | 6.02 | 3.93 | 4.81 |
| Operating Profit | 7.08 | 2.21 | 0.07 | 0.07 | 1.53 | 0.73 | −0.66 | 0.04 | −1.05 | 0.57 | −2.46 | −0.23 |
| OPM % | 23.2% | 16.8% | 0.3% | 0.6% | 7.8% | 6.1% | −10.2% | 0.3% | −31.7% | 8.7% | −164.5% | −4.8% |
| Other Income | 0.35 | 3.08 | 0.54 | 0.58 | 0.50 | 0.40 | 3.53 | 0.83 | 1.11 | 0.98 | 3.98 | 2.34 |
| Interest | 0.03 | 0.04 | 0.10 | 0.09 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 | 0.10 | 0.09 | 0.10 |
| Depreciation | 0.21 | 0.23 | 0.27 | 0.40 | 0.36 | 0.36 | 0.35 | 0.36 | 0.32 | 0.34 | 0.28 | 0.32 |
| Profit before tax | 7.20 | 5.03 | 0.27 | 0.17 | 1.59 | 0.68 | 2.46 | 0.43 | −0.33 | 1.16 | 1.19 | 1.72 |
| Tax % | 0.0% | 0.0% | 1,111.6% | 0.0% | 26.7% | 22.5% | 18.0% | 19.1% | −15.5% | 97.4% | 170.4% | 22.3% |
| Net Profit | 7.18 | 5.01 | −2.62 | 0.15 | 1.15 | 0.51 | 2.00 | 0.33 | −0.26 | 0.02 | −0.82 | 1.32 |
| EPS (Rs) | 26.72 | 18.65 | −9.76 | 0.63 | 4.53 | 2.03 | 7.83 | 1.33 | −1.06 | 0.13 | −3.24 | 5.19 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.62 | 45.94 | 90.97 | 78.28 | 92.15 | 31.77 | 8.82 | 26.61 | 142 | 48.28 | 21.29 | 16.00 |
| Expenses | 29.48 | 35.09 | 57.82 | 35.32 | 67.21 | 27.37 | 11.68 | 23.02 | 113 | 46.31 | 23.00 | 19.16 |
| Operating Profit | 2.19 | 10.91 | 33.23 | 43.10 | 24.98 | 4.47 | −2.86 | 3.63 | 29.89 | 1.97 | −1.69 | −3.17 |
| OPM % | 6.8% | 23.6% | 36.4% | 54.8% | 27.0% | 13.9% | −32.5% | 13.6% | 20.9% | 4.0% | −7.9% | −19.8% |
| Other Income | 0.63 | 5.47 | 1.72 | 0.23 | 1.22 | 1.25 | 1.06 | 21.82 | 4.95 | −8.60 | 5.70 | 8.41 |
| Interest | 0.52 | 0.21 | 0.10 | 0.21 | 0.32 | 0.41 | 0.28 | 0.20 | 0.16 | 0.37 | 0.33 | 0.37 |
| Depreciation | 0.42 | 0.43 | 0.47 | 0.63 | 0.70 | 0.75 | 0.90 | 0.94 | 0.97 | 1.50 | 1.29 | 1.26 |
| Profit before tax | 1.89 | 15.81 | 34.49 | 42.62 | 25.25 | 4.59 | −2.97 | 24.47 | 33.79 | −8.57 | 2.44 | 3.74 |
| Tax % | 7.0% | −0.6% | 26.8% | 19.9% | 21.0% | −45.6% | −6.4% | 3.3% | 8.6% | 11.9% | 130.1% | — |
| Exceptional items | −1.01 | 4.01 | 0.00 | −2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | −5.01 | 0.00 | — |
| Net Profit | 1.74 | 15.84 | 25.14 | 34.03 | 19.88 | 6.65 | −2.76 | 23.61 | 30.79 | −9.54 | −0.72 | 0.26 |
| EPS (Rs) | 5.39 | 48.83 | 81.15 | 109.69 | 74.01 | 24.72 | −10.29 | 87.72 | 114.51 | −37.27 | −2.85 | 1.02 |
| Dividend payout % | 0.0% | 0.0% | 105.3% | 0.0% | 3.4% | 10.2% | −19.5% | 2.9% | 16.7% | −8.0% | −88.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.26 | 3.26 | 3.27 | 3.13 | 3.13 | 2.70 | 2.71 | 2.71 | 2.71 | 2.58 | 2.58 | 2.58 |
| Reserves | 185 | 186 | 193 | 170 | 150 | 130 | 130 | 126 | 142 | 151 | 135 | 130 |
| Borrowings | 10.65 | 7.89 | 0.99 | 6.80 | 7.17 | 5.90 | 5.04 | 11.67 | 1.56 | 31.45 | 51.21 | 71.81 |
| Other Liabilities | 10.00 | 7.64 | 12.08 | 49.99 | 70.61 | 30.94 | 47.26 | 78.44 | 117 | 48.71 | 55.51 | 139 |
| Total Liabilities | 209 | 205 | 210 | 230 | 231 | 170 | 185 | 219 | 264 | 233 | 244 | 343 |
| Fixed Assets | 13.72 | 13.19 | 12.36 | 14.39 | 15.93 | 15.35 | 18.13 | 19.77 | 18.61 | 23.06 | 16.38 | 14.49 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.81 | 1.44 | 0.00 | 0.00 | 0.00 | 1.85 | 9.17 | 20.84 |
| Investments | 8.96 | 8.42 | 13.28 | 15.27 | 14.81 | 6.09 | 5.57 | 9.36 | 28.23 | 35.68 | 18.80 | 19.29 |
| Other Assets | 186 | 183 | 184 | 201 | 199 | 147 | 161 | 190 | 217 | 173 | 200 | 289 |
| Inventories | 165 | 152 | 134 | 148 | 152 | 131 | 142 | 168 | 196 | 143 | 145 | 175 |
| Trade receivables | 0.00 | 11.99 | 23.99 | 0.00 | 2.99 | 0.99 | 1.99 | 1.99 | 2.99 | 1.99 | 1.01 | 0.99 |
| Cash & equivalents | 18.03 | 18.02 | 21.01 | 45.05 | 40.05 | 13.01 | 16.01 | 18.02 | 16.03 | 16.02 | 29.03 | 64.11 |
| Total Assets | 209 | 205 | 210 | 230 | 231 | 170 | 185 | 219 | 264 | 233 | 244 | 343 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.05 | 2.22 | 15.80 | 26.24 | 25.46 | −12.82 | 5.10 | 1.18 | 6.80 | −8.55 | 14.39 | 44.73 |
| Cash from investing activity | 2.74 | 1.16 | −4.88 | −26.13 | 7.31 | 25.64 | −1.67 | −5.29 | −0.09 | −10.28 | −25.42 | −28.63 |
| Cash from financing activity | 4.04 | −3.26 | −7.10 | 0.88 | −31.01 | −22.27 | −1.93 | 5.70 | −10.88 | 22.13 | 9.57 | 15.90 |
| Net cash flow | 4.77 | 0.12 | 3.78 | 0.87 | 1.69 | −9.37 | 1.48 | 1.59 | −4.21 | 3.29 | −1.57 | 31.91 |
| Capex | 0.30 | 0.19 | 0.23 | 2.66 | 3.22 | 1.61 | 1.84 | 2.58 | 0.22 | 7.31 | 8.04 | 14.67 |
| Free cash flow | −2.31 | 2.03 | 15.52 | 23.51 | 22.30 | −13.62 | 3.35 | −1.36 | 6.54 | −15.16 | 6.43 | 31.66 |
| CFO / OP % | 107.9% | 93.9% | 146.9% | 110.9% | 69.9% | −33.0% | 91.9% | −86.0% | 218.9% | 0.0% | 792.9% | −2,544.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 19 | 135 | 188 | 1 | 12 | 2 | 21 | 82 | 40 | 4 | 8 | 8 |
| Inventory days | — | 4,260 | 2,671 | 1,820 | — | 2,220 | — | — | — | 1,014 | — | — |
| Days payable | — | 4 | 8 | 6 | — | 19 | — | — | — | 24 | — | — |
| Cash conversion cycle | 19 | 4,390 | 2,851 | 1,814 | 12 | 2,203 | 21 | 82 | 40 | 994 | 8 | 8 |
| Working capital days | 14,320 | 1,729 | 1,162 | 386 | 381 | 387 | 1,083 | 3,441 | 1,126 | 229 | 705 | 1,371 |
| ROCE % | −0.9% | 1.7% | 6.1% | 18.2% | 26.3% | 17.0% | 3.9% | −1.9% | 17.1% | 19.1% | 1.6% | 1.4% |
For the Jun 2026 quarter, Shervani Industrial Syndicate reported sales of ₹4.59 Cr, down 48.0% year on year and net profit of ₹1.32 Cr, up 300.0% year on year. The operating margin was −4.8%.
Shervani Industrial Syndicate's sales for the year to Mar 2026 were ₹21.29 Cr; over the last twelve months they were ₹16 Cr.
Net profit for the year to Mar 2026 was −₹0.72 Cr, and ₹0.26 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.02.
Shervani Industrial Syndicate reported borrowings of ₹71.81 Cr at Mar 2026, against cash and equivalents of ₹64.11 Cr.
Cash from operations was ₹44.73 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹31.66 Cr.