---
title: "Shera Energy Ltd (SHERA) — Share Price, Financials & Analysis"
symbol: "SHERA"
company: "Shera Energy Ltd"
canonical: "https://tapetide.com/stocks/SHERA"
isin: "INE0MM001019"
nse_symbol: "SHERA"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 464.35
generated_at: "2026-09-13T18:45:34.950Z"
---

# Shera Energy Ltd (SHERA)

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

## Company

- **NSE Symbol:** SHERA
- **ISIN:** INE0MM001019
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-02-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sheraenergy.com

## About

Incorporated in 2003, Shera Energy 
Ltd manufactures non-ferrous metal 
products and its alloy products and 
winding wires[1]

## Latest Price

- **Price:** ₹195.05
- **Change:** +4.25 (+2.23%)
- **Open:** ₹193.75
- **Day High:** ₹197.65
- **Day Low:** ₹190
- **Previous Close:** ₹190.8
- **Volume:** 85000
- **As Of:** 2026-09-11T10:01:43+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:51.227942Z.

- **Market Cap:** ₹464.35 Cr
- **Classification:** SME
- **P/E (reported):** 10.9
- **P/E (TTM):** 13.93
- **EPS (TTM):** ₹14
- **Book Value:** ₹79.29
- **Price to Book:** 2.41
- **Dividend Yield:** 0%
- **ROE:** 11.19%
- **ROCE:** 21.31%
- **Debt to Equity:** 1.36
- **Revenue (yearly):** ₹1640.05 Cr
- **Net Income:** ₹36.46 Cr
- **EBITDA:** ₹87.53 Cr
- **52-Week High:** ₹197.7
- **52-Week Low:** ₹94.95
- **RSI (14):** 65.48

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 24.46 | 9% |
| growth | 77.1 | 9% |
| momentum | 97.97 | 12% |
| ownership | 60.85 | 24% |
| quality | 58.23 | 22% |
| valuation | 50.08 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 42.6% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -107.7% | -123.22% | -109.86% |
| ebitda margin growth | 10.75% | 12.47% | -11.33% | -18.78% |
| net income growth | 1.61% | 62.77% | 57% | 43% |
| revenue growth | 5.53% | 28.22% | 33% | 31% |
| roce | 10.91% | -22.28% | -4.91% | 23.62% |
| roe | 2.27% | 1.73% | 10.22% | 57.16% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 183 | 206 | 285 | 296 | 306 | 305 | 370 | 387 | 394 | 397 | 463 | 488 |
| Expenses | 169 | 195 | 271 | 279 | 294 | 293 | 352 | 368 | 373 | 374 | 437 | 460 |
| Operating Profit | 14 | 11 | 14 | 17 | 12 | 12 | 17 | 19 | 21 | 22 | 26 | 28 |
| OPM % | 8 | 5 | 4.8 | 6 | 3.9 | 3.9 | 4.6 | 4.8 | 5 | 6 | 6 | 6 |
| Other Income | 0 | 3 | 0 | 0 | 0 | 2 | 0 | 1 | 1 | 3 | 2 | 3 |
| Interest | 9 | 6 | 9 | 9 | 4 | 5 | 6 | 8 | 8 | 10 | 10 | 12 |
| Depreciation | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 4 | 6 | 4 | 6 | 7 | 8 | 10 | 10 | 12 | 13 | 16 | 17 |
| Tax % | 30 | 18 | 30 | 25 | 26 | 22 | 29 | 27 | 29 | 30 | 24 | 25 |
| Net Profit | 3 | 5 | 3 | 5 | 5 | 6 | 7 | 7 | 8 | 9 | 12 | 13 |
| EPS in Rs | 1.28 | 1.95 | 1.03 | 1.74 | 1.58 | 2.04 | 2.28 | 2.23 | 2.69 | 3.09 | 4.02 | 4.2 |

### Profit & Loss

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 466 | 425 | 422 | 524 | 696 | 875 | 1277 | 1640 | 1741 |
| Expenses | 434 | 396 | 389 | 490 | 658 | 824 | 1218 | 1553 | 1644 |
| Operating Profit | 32 | 29 | 32 | 34 | 39 | 51 | 59 | 88 | 97 |
| OPM % | 7 | 7 | 8 | 6 | 6 | 6 | 4.6 | 5 | 6 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 7 | 9 |
| Interest | 19 | 20 | 21 | 20 | 22 | 30 | 24 | 37 | 41 |
| Depreciation | 3 | 4 | 5 | 5 | 5 | 6 | 6 | 7 | 7 |
| Profit before tax | 10 | 6 | 7 | 10 | 13 | 19 | 30 | 51 | 58 |
| Tax % | 27 | 28 | 28 | 31 | 27 | 25 | 26 | 27 | — |
| Net Profit | 7 | 4 | 5 | 7 | 9 | 14 | 22 | 37 | 43 |
| EPS in Rs | 3.62 | 2.24 | 2.5 | 3.32 | 3.34 | 5.21 | 7.28 | 12.03 | 14 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 20 | 20 | 20 | 20 | 23 | 23 | 24 | 24 |
| Reserves | 33 | 38 | 41 | 47 | 66 | 84 | 129 | 169 |
| Borrowings | 110 | 111 | 106 | 119 | 113 | 120 | 186 | 262 |
| Other Liabilities | 92 | 109 | 126 | 140 | 173 | 218 | 274 | 338 |
| Total Liabilities | 255 | 277 | 294 | 325 | 375 | 444 | 614 | 793 |
| Fixed Assets | 79 | 87 | 84 | 82 | 84 | 89 | 99 | 109 |
| CWIP | 10 | 2 | 4 | 3 | 2 | 5 | 21 | 63 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 166 | 189 | 206 | 240 | 289 | 350 | 493 | 622 |
| Total Assets | 255 | 277 | 294 | 325 | 375 | 444 | 614 | 793 |

### Cash Flow

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 22 | 20 | 30 | 11 | 13 | 38 | -3 | 8 |
| Cash from Investing Activity | -7 | -4 | -3 | -6 | -3 | -13 | -37 | -84 |
| Cash from Financing Activity | -12 | -16 | -27 | -8 | -7 | -24 | 94 | 24 |
| Net Cash Flow | 3 | 0 | 0 | -3 | 3 | 1 | 54 | -53 |
| Free Cash Flow | 15 | 17 | 27 | 9 | 7 | 24 | -34 | -50 |
| CFO/OP | 78 | 74 | 96 | 39 | 39 | 79 | 4 | 21 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 70 | 81 | 67 | 50 | 50 | 48 | 44 | 44 |
| Inventory Days | 47 | 67 | 100 | 108 | 93 | 92 | 75 | 80 |
| Days Payable | 70 | 89 | 107 | 94 | 58 | 68 | 53 | 47 |
| Cash Conversion Cycle | 47 | 58 | 59 | 63 | 84 | 72 | 67 | 77 |
| Working Capital Days | 5 | 8 | 16 | 19 | 29 | 27 | 17 | 26 |
| ROCE % | — | 15 | 16 | 16 | 17 | 20 | 17 | 20 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.58% | 63.51% | 63.58% | 63.58% | 63.58% | 63.58% | 63.58% | 61.72% | 62.35% |
| FIIs | 0% | 6.34% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.9% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 1.71% | 21.86% | 26.44% | 27.14% | 26.18% | 25.28% | 25.04% | 24.97% | 25.69% |
| Others | 25.72% | 8.29% | 9.98% | 9.28% | 10.23% | 11.14% | 11.38% | 13.31% | 11.06% |
| No. of Shareholders | 13 | 801 | 1084 | 1621 | 2284 | 2168 | 2102 | 2068 | 1973 |

## 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 / 4 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 182.91 | Buy |
| EMA (10) | 184.84 | Buy |
| SMA (20) | 180.11 | Buy |
| EMA (20) | 180.43 | Buy |
| SMA (50) | 170.84 | Buy |
| EMA (50) | 172.71 | Buy |
| SMA (100) | 165.09 | Buy |
| EMA (100) | 163.25 | Buy |
| SMA (200) | 143.59 | Buy |
| EMA (200) | 153.4 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 68.48 | Neutral |
| MACD (12,26,9) | 5.23 | Buy |
| Stochastic (14,3,3) | 74.27 | Neutral |
| ADX (14) | 30.25 | Buy |
| Williams %R (14) | -10.11 | Sell |
| ATR (14) | 7.78 | High Volatility |
| ROC (12) | 12.16 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 43.59 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 April 2026 - Filed Regulation 74(5) certificate for half-year ended March 31, 2026; no dematerialisation requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Filed Regulation 74(5) certificate for half-year ended March 31, 2026; no dematerialisation requests received.](https://nsearchives.nseindia.com/corporate/SHERA_08042026145026_Disclosure-74_5.pdf) |
| 7 April 2026 - Promoter Sheikh Naseem disclosed no new encumbrance on Shera Energy shares as of 31 March 2026. | [Disclosure under SEBI Takeover Regulations 7 April 2026 - Promoter Sheikh Naseem disclosed no new encumbrance on Shera Energy shares as of 31 March 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_06042026160010_SHERA.pdf) |
| 5 Sep - Newspaper publication of 17th AGM notice and e-voting details for September 28, 2026. | [Copy of Newspaper Publication 5 Sep - Newspaper publication of 17th AGM notice and e-voting details for September 28, 2026.](https://nsearchives.nseindia.com/corporate/SHERA_05092026143602_Copy_of_Newspaper_publucation.pdf) |
| 4 Sep - Shera Energy to hold 17th AGM on 28 September 2026; seeks approvals for directors, RPTs and borrowing limits. | [Shareholders meeting 4 Sep - Shera Energy to hold 17th AGM on 28 September 2026; seeks approvals for directors, RPTs and borrowing limits.](https://nsearchives.nseindia.com/corporate/SHERA_04092026163612_AGM_Noticedated04092026.pdf) |
| 4 May 2026 - Board approved FY2026 audited standalone and consolidated results, unmodified audit opinion, and auditor reappointments. | [Outcome of Board Meeting 4 May 2026 - Board approved FY2026 audited standalone and consolidated results, unmodified audit opinion, and auditor reappointments.](https://nsearchives.nseindia.com/corporate/SHERA_04052026132918_Financialresults2026.pdf) |
| 30 June 2026 - NSE granted in-principle approval to list 45 lakh equity shares from warrant conversion. | [General Updates 30 June 2026 - NSE granted in-principle approval to list 45 lakh equity shares from warrant conversion.](https://nsearchives.nseindia.com/corporate/SHERA_30062026075304_In-principleapproval.pdf) |
| 3 Aug - Shera Energy appointed Branding Edge as investor relations advisory agency. | [General Updates 3 Aug - Shera Energy appointed Branding Edge as investor relations advisory agency.](https://nsearchives.nseindia.com/corporate/SHERA_03082026165007_Regulation_30disclosure_PRappointment.pdf) |
| 29 March 2026 - Postal ballot notice dispatched; e-voting 29 Mar–27 Apr 2026; published in Indian Express and Jaipur Mahanagar Times. | [Copy of Newspaper Publication 29 March 2026 - Postal ballot notice dispatched; e-voting 29 Mar–27 Apr 2026; published in Indian Express and Jaipur Mahanagar Times.](https://nsearchives.nseindia.com/corporate/SHERA_29032026172251_Copy_of_newspaper_publication.pdf) |
| 29 April 2026 - Postal ballot approved Mr. Sheikh Naseem as Chairman and Managing Director on 27 April 2026. | [Shareholders meeting 29 April 2026 - Postal ballot approved Mr. Sheikh Naseem as Chairman and Managing Director on 27 April 2026.](https://nsearchives.nseindia.com/corporate/SHERA_29042026134032_Voting_Result.pdf) |
| 28 March 2026 - Appoint Sheikh Naseem as Chairman & MD (30 Jan 2026–29 Jan 2031); remuneration up to Rs.7.5 lakh/month. | [Shareholders meeting 28 March 2026 - Appoint Sheikh Naseem as Chairman & MD (30 Jan 2026–29 Jan 2031); remuneration up to Rs.7.5 lakh/month.](https://nsearchives.nseindia.com/corporate/SHERA_28032026202544_SEL_POSTAL_Ballot_Notice_.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31382_SHERA_2025_2026_A_52875051_04092026155712.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27810_SHERA_2024_2025_A_23074140_28082025161219.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25208_SHERA_2023_2024_28082024111956.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23085_SHERA_2022_2023_30082023124202_08302023130000.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SHERA_13112025155620_Transcript.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/SHERA_09112024105558_Transcript.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/SHERA_09112023161630_Transcript.pdf) |
| May 2024 | [Concall - May 2024](https://nsearchives.nseindia.com/corporate/SHERA_10052024142104_Transcript.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/SHERA_02062025153838_Transcript.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/SHERA_09022025224045_Transcript.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/SHERA_02022024143307_transcript.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://nsearchives.nseindia.com/corporate/SHERA_13082025105935_Transcript08082025.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://nsearchives.nseindia.com/corporate/SHERA_09082024155652_TranscriptSheraEnergy.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://archives.nseindia.com/corporate/SHERA_23082023122715_Update.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 2026-09-13T18:45:34.950Z.