---
title: "Sheetal Universal Ltd (SHEETAL) — Share Price, Financials & Analysis"
symbol: "SHEETAL"
company: "Sheetal Universal Ltd"
canonical: "https://tapetide.com/stocks/SHEETAL"
isin: "INE04VX01019"
nse_symbol: "SHEETAL"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
market_cap_cr: 400.96
generated_at: "2026-09-13T18:36:24.041Z"
---

# Sheetal Universal Ltd (SHEETAL)

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

## Company

- **NSE Symbol:** SHEETAL
- **ISIN:** INE04VX01019
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2023-12-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sheetaluniversal.com

## About

Incorporated in 2015, Sheetal Universal Ltd is engaged in the manufacturing of Agricultural Products[1]

## Latest Price

- **Price:** ₹353
- **Change:** +2.75 (+0.79%)
- **Open:** ₹352.1
- **Day High:** ₹353
- **Day Low:** ₹352.1
- **Previous Close:** ₹350.25
- **Volume:** 1000
- **As Of:** 2026-09-11T09:35:33+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:10.930447Z.

- **Market Cap:** ₹400.96 Cr
- **Classification:** SME
- **P/E (reported):** 34.8
- **Book Value:** ₹47.81
- **Price to Book:** 7.33
- **Dividend Yield:** 0.14%
- **ROE:** 21.21%
- **ROCE:** 30.58%
- **Debt to Equity:** 0.7
- **Revenue (yearly):** ₹173.76 Cr
- **Net Income:** ₹11.35 Cr
- **EBITDA:** ₹18.73 Cr
- **52-Week High:** ₹352.5
- **52-Week Low:** ₹121
- **RSI (14):** 63.38

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 56.94 | 9% |
| growth | 96.93 | 9% |
| momentum | 98.26 | 12% |
| ownership | 44.99 | 24% |
| quality | 56.74 | 22% |
| valuation | 29.94 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 115% CAGR over last 5 years

### Weaknesses

- Stock is trading at 7.38 times its book value
- Promoter holding has decreased over last quarter: -1.49%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 137.23% | 475.37% | — |
| ebitda margin growth | -28.23% | 174.3% | 227.66% |
| net income growth | 22.04% | 80% | 115% |
| revenue growth | 60.74% | 11% | 36% |
| roce | 163.85% | -14.51% | 20.34% |
| roe | 252.91% | 19.28% | 252.33% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 64 | 71 | 61 | 47 | 48 | 128 |
| Expenses | 61 | 68 | 58 | 34 | 44 | 111 |
| Operating Profit | 2 | 3 | 3 | 13 | 5 | 16 |
| OPM % | 3.3 | 4.5 | 5 | 28 | 10 | 13 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | 1 | 2 | 2 | 11 | 2 | 13 |
| Tax % | 25 | 35 | 24 | 30 | 25 | 25 |
| Net Profit | 1 | 1 | 1 | 8 | 2 | 10 |
| EPS in Rs | 1.04 | 1.08 | 1.16 | 6.96 | 1.33 | 8.71 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 38 | 39 | 129 | 132 | 106 | 176 |
| Expenses | 38 | 39 | 127 | 129 | 92 | 155 |
| Operating Profit | 0 | 0 | 1 | 2 | 14 | 21 |
| OPM % | 0.1 | 0.4 | 1.2 | 1.9 | 13 | 12 |
| Other Income | 1 | 1 | 3 | 3 | 2 | 0 |
| Interest | 0 | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 3 |
| Profit before tax | 0 | 0 | 3 | 3 | 13 | 15 |
| Tax % | 19 | 31 | 28 | 32 | 29 | 25 |
| Net Profit | 0 | 0 | 2 | 2 | 9 | 12 |
| EPS in Rs | 0.71 | 0.8 | 5.69 | 1.82 | 8.12 | 10.05 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 11 | 11 | 11 |
| Reserves | 1 | 1 | 3 | 23 | 32 | 43 |
| Borrowings | 6 | 10 | 14 | 15 | 22 | 38 |
| Other Liabilities | 2 | 2 | 8 | 1 | 6 | 35 |
| Total Liabilities | 13 | 16 | 28 | 51 | 72 | 127 |
| Fixed Assets | 3 | 3 | 4 | 5 | 19 | 17 |
| CWIP | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 10 | 13 | 23 | 46 | 52 | 111 |
| Total Assets | 13 | 16 | 28 | 51 | 72 | 127 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 2 | -3 | -27 | 10 | -13 |
| Cash from Investing Activity | 0 | 0 | -3 | -1 | -15 | 0 |
| Cash from Financing Activity | -1 | 3 | 3 | 26 | 5 | 13 |
| Net Cash Flow | 0 | 5 | -3 | -2 | 0 | 0 |
| Free Cash Flow | 0 | 2 | -6 | -28 | -5 | -13 |
| CFO/OP | 700 | 1531 | -171 | -1058 | 99 | -43 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 42 | 28 | 31 | 62 | 75 | 87 |
| Inventory Days | 34 | 35 | 20 | 18 | 74 | 116 |
| Days Payable | 20 | 16 | 23 | 2 | 8 | 64 |
| Cash Conversion Cycle | 56 | 47 | 29 | 78 | 140 | 138 |
| Working Capital Days | 30 | -16 | 6 | 66 | 75 | 74 |
| ROCE % | — | 7 | 22 | 13 | 26 | 22 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 66.81% | 66.81% | 66.81% | 66.81% | 66.81% | 66.81% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 27.12% | 23.61% | 25.62% | 17.41% | 15.49% | 15.44% |
| Others | 6.08% | 9.59% | 7.58% | 15.79% | 17.71% | 17.76% |
| No. of Shareholders | 1402 | 622 | 547 | 434 | 317 | 362 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 344.69 | Buy |
| EMA (10) | 345.39 | Buy |
| SMA (20) | 336.73 | Buy |
| EMA (20) | 338.55 | Buy |
| SMA (50) | 318.01 | Buy |
| EMA (50) | 322.26 | Buy |
| SMA (100) | 300.35 | Buy |
| EMA (100) | 299.61 | Buy |
| SMA (200) | 252.28 | Buy |
| EMA (200) | 259.67 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 65 | Neutral |
| MACD (12,26,9) | 9.09 | Buy |
| Stochastic (14,3,3) | 95.35 | Sell |
| ADX (14) | 32.68 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 9.42 | Neutral |
| ROC (12) | 6.17 | Buy |
| Stoch RSI (14) | 96.7 | Sell |
| UO (7,14,28) | 57.2 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Newspaper advertisement published for 11th AGM on 30 September 2026 with e-voting details. | [Copy of Newspaper Publication 9 Sep - Newspaper advertisement published for 11th AGM on 30 September 2026 with e-voting details.](https://nsearchives.nseindia.com/corporate/SHEETAL_09092026165918_Newspaper_Final__1__signed.pdf) |
| 9 February 2026 - Board approved raising up to Rs29.82 crore via 14,20,000 convertible warrants at Rs210; EGM 11 Mar 2026. | [Outcome of Board Meeting 9 February 2026 - Board approved raising up to Rs29.82 crore via 14,20,000 convertible warrants at Rs210; EGM 11 Mar 2026.](https://nsearchives.nseindia.com/corporate/SHEETAL_09022026200807_Outcome.pdf) |
| 9 April 2026 - Sheetal Universal disclosed UBOs of Abundantia Capital III for proposed preferential allotment. | [General Updates 9 April 2026 - Sheetal Universal disclosed UBOs of Abundantia Capital III for proposed preferential allotment.](https://nsearchives.nseindia.com/corporate/SHEETAL_09042026190223_Reg_30_Intimation.pdf) |
| 8 Sep - 11th AGM on 30 Sep 2026; annual report issued, Hiren Patel and Kajal Patel reappointment प्रस्तावित. | [Shareholders meeting 8 Sep - 11th AGM on 30 Sep 2026; annual report issued, Hiren Patel and Kajal Patel reappointment प्रस्तावित.](https://nsearchives.nseindia.com/corporate/SHEETAL_08092026191616_Annual_Report_Final-2025-26-upload.pdf) |
| 7 April 2026 - RTA confirms Regulation 74(5) not applicable for quarter ended 31 March 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - RTA confirms Regulation 74(5) not applicable for quarter ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/SHEETAL_07042026182557_74_5__Sheetal_SIGNED.pdf) |
| 6 March 2026 - Incorporation of 100% owned Russian subsidiary HELIOS GLOBAL LLC on March 5, 2026; charter capital 10,000 rubles. | [Updates 6 March 2026 - Incorporation of 100% owned Russian subsidiary HELIOS GLOBAL LLC on March 5, 2026; charter capital 10,000 rubles.](https://nsearchives.nseindia.com/corporate/SHEETAL_06032026200957_Regulation_30_signed.pdf) |
| 30 May 2026 - Board approved audited standalone and consolidated FY26 results on 30 May 2026; consolidated profit was ₹998.39 lakh. | [Outcome of Board Meeting 30 May 2026 - Board approved audited standalone and consolidated FY26 results on 30 May 2026; consolidated profit was ₹998.39 lakh.](https://nsearchives.nseindia.com/corporate/SHEETAL_30052026144800_Outcome_signed_ocred_signed.pdf) |
| 28 May 2026 - Sheetal Universal filed SDD compliance certificate for FY2026; 7 required events captured, no noncompliance. | [Structural Digital Database 28 May 2026 - Sheetal Universal filed SDD compliance certificate for FY2026; 7 required events captured, no noncompliance.](https://nsearchives.nseindia.com/corporate/SHEETAL_28052026144450_SDD_CERTI_MARCH-26_SIGNED.pdf) |
| 27 Jun - Exchange has sought clarification from Sheetal Universal Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On … | [Clarification - Financial Results 27 Jun - Exchange has sought clarification from Sheetal Universal Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SHEETAL&tabIndex=sme) |
| 25 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited results for year/HY ended Mar 31, 2026. | [Trading Window 25 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited results for year/HY ended Mar 31, 2026.](https://nsearchives.nseindia.com/corporate/SHEETAL_25032026173112_Closure_of_Trading_Window__Signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31942_SHEETAL_2025_2026_A_2663300_08092026200238.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28908_SHEETAL_2024_2025_A_2439106_08092025164050.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26175_SHEETAL_2023_2024_0709202419142.pdf) |

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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 2026-09-13T18:36:24.041Z.