Shervani Industrial Syndicate Ltd (SHERVANI)

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Shervani Industrial Syndicate Ltd (SHERVANI) · mywealthgrid

About

Shervani Industrial Syndicate Ltd operates in Residential, Commercial Projects within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹87 Cr

P/E

—

P/B

0.6×

Dividend yield

1.6%

ROE

—

ROCE

—

Debt / equity

0.2

OPM

4.9%

EPS (TTM)

₹-10.7

Book value

₹598.0

52-week high

—

52-week low

—

2,269 historical price candles were omitted because the exchange source has not been verified.

₹335.0+3.1%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 15.7×
+High promoter holding of 62.1% with no pledge

Cons

−Thin operating margin of 4.9%
−Profit declined 28.1% a year over the last 5 years
−Revenue shrank over the last 5 years (-12.1% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

71/100

Business quality: 63
Growth: 100
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	91	79	92	32	9	27	143	48
COGS	30	-5	21	17	3	-27	52	-1
Gross profit	62	—	71	15	6	—	91	—
	28	40	46	10	9	50	61	47
Operating profit (EBITDA)	33	43	25	5	-3	4	30	2
OPM %	36.4%	54.8%	27%	15.6%	-30.9%	13.6%	21%	4.9%
Depreciation	0	1	1	1	1	1	1	2
Interest	0	0	0	0	0	0	0	0
	-2	3	2	1	1	1	4	5
Profit before tax	—	—	—	5	-3	—	—	—
Tax	9	8	4	-2	-0	1	6	6
Tax %	—	—	—	-45.7%	-6.1%	—	—	—
	25	34	20	7	-3	24	31	4
PAT margin %	27.6%	43.4%	21.6%	20.9%	-31.3%	88.5%	21.6%	7.9%
EPS (₹)	80.3	108.6	71.3	24.5	-10.2	86.9	119	14.8
EPS adjusted (₹)	80.2	108.5	73.3	24.5	-10.2	86.9	119.1	—
	6.2%	73.7%	3.5%	10.2%	—	2.9%	0%	20.3%
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity capital	3	3	3	3	3	3	3
Reserves	171	150	—	130	126	142	152
Minority interest	—	—	—	—	—	—	0
	6	7	—	5	12	2	32
	51	71	—	47	79	118	43
Total equity & liabilities	231	231	—	185	220	264	230
	9	11	15	18	18	11	16
CWIP	—	—	—	0	0	2	0
Investments	15	15	—	6	11	28	36
	207	205	—	162	191	223	178
Total assets	231	231	—	185	220	264	230

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	26	25	-13	5	1	7	-9	14
	-26	7	26	-2	-5	-0	-10	-26
	1	-31	-22	-2	6	-11	22	10
Net cash flow	1	2	-9	1	2	-4	3	-2
Free cash flow	23	22	-14	3	0	—	—	—
CFO / Operating profit %	78.9%	59.1%	-51.4%	102.4%	—	186.3%	-28.5%	601.3%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	67.6%	—	76.8%	48.1%	71.7%	—	63.8%	—
EBITDA margin %	36.4%	54.8%	27%	15.6%	-30.9%	13.6%	21%	4.9%
EBIT margin %	35.8%	54%	26.2%	13.3%	-41%	10.1%	20.3%	1.8%
PAT margin %	27.6%	43.4%	21.6%	20.9%	-31.3%	88.5%	21.6%	7.9%
Working capital
Receivable days	2	13	—	22	83	41	5	—
Inventory days	1,821	1,563	—	3,127	24,455	3,093	1,015	—
Payable days	7	21	—	22	186	19	25	—
NWC days	1,815	1,555	—	3,127	24,352	3,114	995	—
Leverage
Current ratio	—	2.73	—	3.27	2.23	1.88	3.12	—
Debt to EBITDA	0.19	0.16	—	1.02	—	0.43	1.05	—
Debt to equity	0.04	0.04	—	0.04	0.09	0.01	0.2	—
Interest coverage	382	228.8	82.3	15.2	-9.5	21.6	219.6	15.7
Asset turnover	0.4	0.34	—	0.17	0.04	0.1	0.62	—
Return ratios
Return on assets %	10.9%	14.7%	—	3.6%	-1.3%	8.9%	13.4%	—
Return on capital employed %	—	29.7%	—	4.5%	-1.9%	3%	20.6%	—
Return on equity %	14.5%	22.3%	—	5%	-2.1%	16.3%	19.9%	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	60.08%	62.1%	60.22%	62.07%	62.07%	62.07%	62.07%	62.07%	62.07%	62.07%	62.07%	62.07%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.01%	0.01%	0.01%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	39.92%	37.9%	39.78%	37.93%	37.93%	37.93%	37.93%	37.93%	37.93%	37.92%	37.92%	37.92%
No. of shareholders	—	—	—	—	—	—	—	—	2,229	2,174	2,128	2,130

Promoter holding up 1.99 percentage points since Sep 2023.

5 deals · 12 Dec 2023 – 25 Jun 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
25 Jun 2024	COUNTER CYCLICAL INVESTMENTS PRIVATE LIMITED	Bulk	BSE	Sell	17,241	₹598.08	₹1.03 Cr
26 Feb 2024	COUNTER CYCLICAL INVESTMENTS PRIVATE LIMITED	Bulk	BSE	Sell	25,526	₹623.75	₹1.59 Cr
12 Dec 2023	SALEEM IQBAL SHERVANI	Bulk	BSE	Buy	98,659	₹494.94	₹4.88 Cr
12 Dec 2023	ASLAM QADAR KHAN	Bulk	BSE	Sell	55,000	₹494.68	₹2.72 Cr
12 Dec 2023	ASLAM FAMILY TRUST	Bulk	BSE	Sell	43,945	₹495.27	₹2.18 Cr

1–5 of 5

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. SALEEM IQBAL SHERVANIExecutive Director-Chairperson related to Promoter
Mr. MUSTAFA RASHID SHERVANIExecutive Director
Ms. ARADHIKA CHOPRANon-Executive - Independent Director
Mr. KARTIK SINGHALNon-Executive - Independent Director
Mrs. TARANA HUSAIN KHANNon-Executive - Independent Director
Mr. Bal Krishna MisraExecutive Director
Shrawan Kumar ShuklaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Shervani Industrial Syndicate Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

8 announcementsExport CSV

28 Sept 2026, 5:07 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

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Ratio	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	67.6%	—	76.8%	48.1%	71.7%	—	63.8%	—
EBITDA margin %	36.4%	54.8%	27%	15.6%	-30.9%	13.6%	21%	4.9%
EBIT margin %	35.8%	54%	26.2%	13.3%	-41%	10.1%	20.3%	1.8%
PAT margin %	27.6%	43.4%	21.6%	20.9%	-31.3%	88.5%	21.6%	7.9%
Working capital
Receivable days	2	13	—	22	83	41	5	—
Inventory days	1,821	1,563	—	3,127	24,455	3,093	1,015	—
Payable days	7	21	—	22	186	19	25	—
NWC days	1,815	1,555	—	3,127	24,352	3,114	995	—
Leverage
Current ratio	—	2.73	—	3.27	2.23	1.88	3.12	—
Debt to EBITDA	0.19	0.16	—	1.02	—	0.43	1.05	—
Debt to equity	0.04	0.04	—	0.04	0.09	0.01	0.2	—
Interest coverage	382	228.8	82.3	15.2	-9.5	21.6	219.6	15.7
Asset turnover	0.4	0.34	—	0.17	0.04	0.1	0.62	—
Return ratios
Return on assets %	10.9%	14.7%	—	3.6%	-1.3%	8.9%	13.4%	—
Return on capital employed %	—	29.7%	—	4.5%	-1.9%	3%	20.6%	—
Return on equity %	14.5%	22.3%	—	5%	-2.1%	16.3%	19.9%	—

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

Date	Category	Subject	Filing
28 Sept 2026, 5:07 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
1 Sept 2026, 4:01 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
1 Sept 2026, 3:54 pm	Corp. Action Record Date	Corporate Action- Fixes Record Date For Final Dividend	PDF
1 Sept 2026, 3:45 pm	AGM/EGM AGM	Annual General Meeting To Be Held On 28Th September, 2026	PDF
7 Aug 2026, 11:43 am	Company Update General	Appointment Of Mr. Bal Krishna Misra As Additional & Whole Time Director For The Term Of 5 Years Subject To Approval Of Members At The Ensuing AGM.	PDF
7 Aug 2026, 11:39 am	Result Financial Results	Unaudited Financial Result For The Quarter Ended June 30, 2026	PDF
28 Jul 2026, 3:51 pm	Board Meeting	Board Meeting Intimation for Unaudited Financial Statement For The Quarter Ended 30Th June, 2026	PDF
15 Jul 2026, 10:59 am	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF

Shervani Industrial Syndicate Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

15

1

Compounded sales growth

Compounded profit growth

Return on equity

Shervani Industrial Syndicate Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Dividends15

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

15

1