---
title: "Shashwat Furnishing Solutions Ltd (543519) — Share Price, Financials & Analysis"
symbol: "543519"
company: "Shashwat Furnishing Solutions Ltd"
canonical: "https://tapetide.com/stocks/543519"
isin: "INE0JMN01019"
nse_symbol: "SHASHWATFURNISHINGSOLUTIONSLTD"
bse_code: "543519"
sector: "Consumer Goods"
industry: "Home Furnishing"
market_cap_cr: 16.4
generated_at: "2026-09-13T18:59:42.000Z"
---

# Shashwat Furnishing Solutions Ltd (543519)

Canonical page: https://tapetide.com/stocks/543519

## Company

- **NSE Symbol:** SHASHWATFURNISHINGSOLUTIONSLTD
- **BSE Code:** 543519
- **ISIN:** INE0JMN01019
- **Sector:** Consumer Goods
- **Industry:** Home Furnishing
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2022-05-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** handicraftsvillage.com

## About

Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture 
 and handicraft items[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:47:21.724961Z.

- **Market Cap:** ₹16.4 Cr
- **Classification:** SME
- **P/E (reported):** -46.2
- **EPS (reported):** ₹0
- **Book Value:** ₹15.94
- **Price to Book:** 4.93
- **Dividend Yield:** 0%
- **ROE:** 14.37%
- **ROCE:** 18.49%
- **Debt to Equity:** 0.44
- **Revenue (yearly):** ₹23.95 Cr
- **Net Income:** ₹-0.35 Cr
- **EBITDA:** ₹-0.07 Cr
- **52-Week High:** ₹143.46
- **52-Week Low:** ₹63
- **RSI (14):** 46.24

## Key Insights

### Strengths

- Debtor days have improved from 37.3 to 29.3 days.
- Company's working capital requirements have reduced from 59.3 days to 38.2 days

### Weaknesses

- Stock is trading at 4.23 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last 3 years: -15.3%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 102.35% | 101.52% | 111.87% |
| ebitda margin growth | 0% | -103.69% | — | — |
| net income growth | -100% | -170% | — | — |
| revenue growth | 42.11% | 76.1% | — | — |
| roce | 85.71% | — | — | — |
| roe | -83.33% | — | — | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 11.18 | 8.96 | 14.99 |
| Expenses | 10.56 | 8.99 | 15.03 |
| Operating Profit | 0.62 | -0.03 | -0.04 |
| OPM % | 5.55 | -0.33 | -0.27 |
| Other Income | 0.13 | 0.01 | 0.09 |
| Interest | 0.1 | 0.07 | 0.06 |
| Depreciation | 0.13 | 0.09 | 0.1 |
| Profit before tax | 0.52 | -0.18 | -0.11 |
| Tax % | 9.62 | -5.56 | 54.55 |
| Net Profit | 0.49 | -0.18 | -0.18 |
| EPS in Rs | 2.16 | -0.96 | -0.96 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 13.5 | 23.95 |
| Expenses | 12.56 | 24.01 |
| Operating Profit | 0.94 | -0.06 |
| OPM % | 6.96 | -0.25 |
| Other Income | 0.13 | 0.1 |
| Interest | 0.18 | 0.14 |
| Depreciation | 0.25 | 0.19 |
| Profit before tax | 0.64 | -0.29 |
| Tax % | 15.62 | 20.69 |
| Net Profit | 0.54 | -0.35 |
| EPS in Rs | 2.39 | -1.87 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Equity Capital | 2.09 | 2.09 |
| Reserves | 1.63 | 1.24 |
| Borrowings | 1.41 | 1.48 |
| Other Liabilities | 1.08 | 0.76 |
| Total Liabilities | 6.21 | 5.57 |
| Fixed Assets | 1.18 | 1.01 |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| Other Assets | 5.03 | 4.56 |
| Total Assets | 6.21 | 5.57 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Cash from Operating Activity | 0.26 | 0.19 |
| Cash from Investing Activity | 0.02 | -0.02 |
| Cash from Financing Activity | -0.34 | -0.07 |
| Net Cash Flow | -0.06 | 0.11 |
| Free Cash Flow | 0.25 | 0.17 |
| CFO/OP | 28 | -400 |

### Ratios

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Debtor Days | 45.42 | 29.26 |
| Inventory Days | 79.44 | 30.77 |
| Days Payable | 22.83 | 4.28 |
| Cash Conversion Cycle | 102.03 | 55.75 |
| Working Capital Days | 80.3 | 38.25 |
| ROCE % | — | -2.99 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.28% | 73.28% | 73.42% | 73.42% | 73.42% | 73.42% | 73.42% | 73.42% | 70.4% | 69.61% | 57.54% | 57.97% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.28% | 23.85% | 23.71% | 23.99% | 24.43% | 24.43% | 24.14% | 24.28% | 28.88% | 29.67% | 41.52% | 40.66% |
| Others | 2.44% | 2.87% | 2.87% | 2.59% | 2.16% | 2.16% | 2.44% | 2.3% | 0.72% | 0.72% | 0.93% | 1.37% |
| No. of Shareholders | 117 | 118 | 116 | 112 | 113 | 105 | 109 | 114 | 126 | 130 | 138 | 114 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 81.48 | Sell |
| EMA (10) | 80.56 | Sell |
| SMA (20) | 83.1 | Sell |
| EMA (20) | 83.31 | Sell |
| SMA (50) | 96.07 | Sell |
| EMA (50) | 86.94 | Sell |
| SMA (100) | 84.07 | Sell |
| EMA (100) | 81.55 | Sell |
| SMA (200) | 62.59 | Buy |
| EMA (200) | 63.55 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.82 | Neutral |
| MACD (12,26,9) | -3.71 | Sell |
| Stochastic (14,3,3) | 46.43 | Neutral |
| ADX (14) | 22.55 | Neutral |
| Williams %R (14) | -88.61 | Buy |
| ATR (14) | 9.83 | High Volatility |
| ROC (12) | -16.04 | Sell |
| Stoch RSI (14) | 49.54 | Neutral |
| UO (7,14,28) | 45.59 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a512915-5bbd-4914-9c65-03e3162fed32.pdf) |
| 2026-08-31 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fedba29-96c9-48a1-b48e-4562a66bb7ca.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28fc8045-7219-48b5-89b0-13f76d1a1ff9.pdf) |
| 2026-08-06 | [Intimation Of Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7dcd5b7-66a1-4fc0-8f8b-81feafd0bcfa.pdf) |
| 2026-08-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dce5c742-803c-4e10-9cc3-74b2b1eb69a3.pdf) |
| 2026-08-04 | [Intimation Of Appointment Of Internal Auditor And Secretarial Auditor Of The Company Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2fadd762-89ee-4c8d-93cd-42029be2cf08.pdf) |
| 2026-07-30 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bce30d6b-4d1f-4403-9c84-f7a70627c92e.pdf) |
| 2026-07-01 | [Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc81aa70-7af7-4e07-87bb-192e374d2d72.pdf) |
| 2026-06-30 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4657544E_9347_4159_9D10_54F2F48C6660_110424.pdf) |
| 2026-05-25 | [Board Meeting Outcome for Outcome Of Board Meeting As Per Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8bb836e9-273b-4280-9823-85aac4045cb1.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 30 Apr - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018, we are enclosing herewith a copy of the Certificate received from KFIN … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 30 Apr - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018, we are enclosing herewith a copy of the Certificate received from KFIN …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89a343c4-e6ce-4ffa-a94f-9a78d67cbb85.pdf) |
| 30 Apr - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018, we are enclosing herewith a copy of the Certificate received from KFIN … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 30 Apr - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018, we are enclosing herewith a copy of the Certificate received from KFIN …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/89a343c4-e6ce-4ffa-a94f-9a78d67cbb85.pdf) |
| 26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for H2/FY ending Mar 31, 2026. | [Closure of Trading Window 26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for H2/FY ending Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7071a0ae-c356-41ea-ab44-94004ba08d06.pdf) |
| 19 Apr 2024 - Resolution plan for Rajvir Industries approved by NCLT. | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal 19 Apr 2024 - Resolution plan for Rajvir Industries approved by NCLT.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44f9f32b-2d91-4b63-8920-c2c66f599bdd.pdf) |
| — | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bba63d69-d38c-4097-b9b6-125fd1652492.pdf) |
| — | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bba63d69-d38c-4097-b9b6-125fd1652492.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/714F192D_28AF_4CFC_A249_49CA561E5C6B_110709.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5978715F_D9F0_4D92_B85D_C1F3F0DEB955_101909.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/497A5C89_CD99_4061_AEF3_8C45E3408A1D_102450.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 30 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/DF24A883_E0E7_467A_B683_2E6127831BEE_111326.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-25 | [Results-Financial Results For 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3a403ad-abfd-4efd-ae8b-5dd973465dd0.pdf) |
| 2025-11-14 | [Financial Results (Standalone And Consolidated) Of The Company For The Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=babccb98-a785-461b-92bc-a1cd032ff169.pdf) |
| 2025-05-30 | [Results-Financial Results For March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=242099c6-c93e-433f-a425-d310adad7e64.pdf) |
| 2024-11-13 | [Financial Results For Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbca5e38-bafd-4eb7-9106-feaf62559be1.pdf) |
| 2024-05-27 | [Results - Financial Results For The Half Year And Year Ended On March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ffa0abf3-735c-46cb-be36-dac95f355903.pdf) |
| 2023-11-09 | [Results-Financial Results For The Half Year Ended September 30, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1dedb7a4-a1ab-45ea-aea4-a4e633c4ded2.pdf) |
| 2023-05-30 | [Results - Financial Results For The Half Year And Year Ended On March 31, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4c9ad44-7e57-4a77-aaff-4864717844c9.pdf) |
| 2022-11-14 | [Results- Financial Results For Half Year Ended September 30, 2022.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f20892aa-ef60-4dd5-9bc0-ca57fa753cdf.pdf) |
| 2022-05-29 | [Results - Financial Results For The Half Year And Year Ended On March 31, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f8009a5-491b-4a9d-a36a-b236f50b2c77.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_RAJVIR_2011_2012_14092012095012.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_RAJVIR_2010_2011_20092011102530.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_RAJVIR_2009_2010_01092010120000.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dce5c742-803c-4e10-9cc3-74b2b1eb69a3.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2bcb1a3a-b22c-46ec-9639-532cf610e088.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f58cb680-83a8-4c5a-b76d-4fd3642879e0.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39b1f6d9-e5a9-4797-b18e-4ccb8975e1af.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99beaacc-d63d-4603-9446-f5cbec91be6b.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532665/65991532665.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532665/5326650319.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:59:42.000Z.