---
title: "Shri Hare-Krishna Sponge Iron Ltd (SHKSIL) — Share Price, Financials & Analysis"
symbol: "SHKSIL"
company: "Shri Hare-Krishna Sponge Iron Ltd"
canonical: "https://tapetide.com/stocks/SHKSIL"
isin: "INE0NON01025"
nse_symbol: "SHKSIL"
sector: "Commodities"
industry: "Ferrous Metals"
market_cap_cr: 69.09
generated_at: "2026-09-13T19:40:00.966Z"
---

# Shri Hare-Krishna Sponge Iron Ltd (SHKSIL)

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

## Company

- **NSE Symbol:** SHKSIL
- **ISIN:** INE0NON01025
- **Sector:** Commodities
- **Industry:** Ferrous Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2025-07-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shkraipur.com

## About

Incorporated in 2003, Shri Hare-Krishna Sponge Iron Ltd is a diversified, integrated steel and casting manufacturers.[1]

## Latest Price

- **Price:** ₹36.1
- **Change:** +0.7 (+1.98%)
- **Open:** ₹35
- **Day High:** ₹36.1
- **Day Low:** ₹35
- **Previous Close:** ₹35.4
- **Volume:** 10000
- **As Of:** 2026-09-11T09:14:55+00:00

## Key Fundamentals

Observed at 2026-09-11T04:37:45.871377Z.

- **Market Cap:** ₹69.09 Cr
- **Classification:** SME
- **P/E (reported):** 11
- **Book Value:** ₹55.57
- **Price to Book:** 0.64
- **Dividend Yield:** 0%
- **ROE:** 12.5%
- **ROCE:** 15.43%
- **Debt to Equity:** 0.27
- **Revenue (yearly):** ₹66.64 Cr
- **Net Income:** ₹6.2 Cr
- **EBITDA:** ₹6.5 Cr
- **52-Week High:** ₹75
- **52-Week Low:** ₹30.2
- **RSI (14):** 51.45

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Falling
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 52.19 | 9% |
| growth | 17.78 | 9% |
| momentum | 21.99 | 12% |
| ownership | 66.1 | 24% |
| quality | 63.92 | 22% |
| valuation | 53.93 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.65 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.72% over past five years.
- Company has a low return on equity of 11.7% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.23 Cr.
- Working capital days have increased from 50.0 days to 77.2 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 810.56% | -43.39% | 126.05% |
| ebitda margin growth | -44.44% | -47.04% | -40.84% |
| net income growth | -32.61% | -16% | 4% |
| revenue growth | -20.29% | -11% | 6% |
| roce | -28.37% | -41.99% | 22.18% |
| roe | -20.89% | 15.9% | -16.5% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 38.2 | 42.27 | 39.43 | 27.21 |
| Expenses | 32.25 | 37.35 | 33.81 | 26.33 |
| Operating Profit | 5.95 | 4.92 | 5.62 | 0.88 |
| OPM % | 15.58 | 11.64 | 14.25 | 3.23 |
| Other Income | 1.21 | 1.92 | 1.6 | 1.63 |
| Interest | 0.08 | 0.12 | 0.15 | 0.21 |
| Depreciation | 0.68 | 0.75 | 0.53 | 0.66 |
| Profit before tax | 6.4 | 5.97 | 6.54 | 1.64 |
| Tax % | 25.16 | 26.13 | 29.05 | 6.1 |
| Net Profit | 4.79 | 4.41 | 4.65 | 1.55 |
| EPS in Rs | 3.39 | 3.12 | 2.42 | 0.81 |

### 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 | 50.46 | 82.13 | 94.24 | 82.27 | 80.47 | 66.64 |
| Expenses | 44.19 | 69.84 | 80.16 | 70.03 | 69.61 | 60.13 |
| Operating Profit | 6.27 | 12.29 | 14.08 | 12.24 | 10.86 | 6.51 |
| OPM % | 12.43 | 14.96 | 14.94 | 14.88 | 13.5 | 9.77 |
| Other Income | 0.79 | 0.74 | 1 | 2.67 | 3.13 | 3.23 |
| Interest | 0.17 | 0.2 | 0.22 | 0.23 | 0.2 | 0.36 |
| Depreciation | 0.37 | 0.65 | 0.61 | 0.99 | 1.42 | 1.19 |
| Profit before tax | 6.52 | 12.18 | 14.25 | 13.69 | 12.37 | 8.19 |
| Tax % | 20.25 | 26.68 | 26.18 | 25.64 | 25.63 | 24.42 |
| Net Profit | 5.2 | 8.94 | 10.53 | 10.17 | 9.2 | 6.2 |
| EPS in Rs | 36.82 | 63.31 | 74.57 | 72.02 | 6.52 | 3.23 |
| 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 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 | 19.19 |
| Reserves | 20.64 | 29.57 | 40.1 | 50.27 | 59.47 | 87.45 |
| Borrowings | 0.75 | 0.75 | 0.75 | 7.24 | 11.39 | 28.7 |
| Other Liabilities | 4.3 | 3.47 | 3.62 | 4.11 | 8.18 | 8.95 |
| Total Liabilities | 39.81 | 47.91 | 58.59 | 75.74 | 93.16 | 144.29 |
| Fixed Assets | 4.17 | 3.67 | 3.73 | 8.37 | 8.07 | 9.1 |
| CWIP | 0 | 0 | 0 | 0.85 | 11.58 | 57.67 |
| Investments | 1.02 | 1.25 | 1.99 | 1.99 | 1.99 | 0 |
| Other Assets | 34.62 | 42.99 | 52.87 | 64.53 | 71.52 | 77.52 |
| Total Assets | 39.81 | 47.91 | 58.59 | 75.74 | 93.16 | 144.29 |

### 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 | 5.72 | 1.52 | 22.84 | 1.42 | 12.93 | 0.07 |
| Cash from Investing Activity | -0.73 | -4.7 | -16.08 | -15.49 | -20.2 | -38.28 |
| Cash from Financing Activity | -2.44 | -0.2 | -0.22 | 6.26 | 3.99 | 42.28 |
| Net Cash Flow | 2.55 | -3.39 | 6.54 | -7.81 | -3.28 | 4.07 |
| Free Cash Flow | 4.99 | 1.37 | 22.17 | -5.09 | -5.05 | -39.43 |
| CFO/OP | 104 | 36 | 191 | 35 | 158 | 40 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 14.61 | 0.27 | 0.23 | 0 | 0.05 | 0 |
| Inventory Days | 85.39 | 76.11 | 45.16 | 72.61 | 59.61 | 112.27 |
| Days Payable | 9.97 | 5.82 | 3.54 | 4.43 | 6.25 | 18.96 |
| Cash Conversion Cycle | 90.03 | 70.56 | 41.85 | 68.18 | 53.41 | 93.31 |
| Working Capital Days | 94.03 | 91.06 | 33.39 | 39.13 | 33.61 | 77.23 |
| ROCE % | — | 30.97 | 29.11 | 21.99 | 16.05 | 7.76 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 100% | 73.58% | 73.58% | 73.58% |
| FIIs | 0% | 4.96% | 1.94% | 0% |
| DIIs | 0% | 2.93% | 0% | 3.21% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0% | 11.02% | 15.98% | 16.92% |
| Others | 0% | 7.51% | 8.5% | 6.28% |
| No. of Shareholders | 14 | 13 | 598 | 557 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 5 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 33.84 | Buy |
| EMA (10) | 34.38 | Buy |
| SMA (20) | 34.6 | Buy |
| EMA (20) | 34.98 | Buy |
| SMA (50) | 36.91 | Sell |
| EMA (50) | 37.05 | Sell |
| SMA (100) | 39.66 | Sell |
| EMA (100) | 40.55 | Sell |
| SMA (200) | 48.49 | Sell |
| EMA (200) | 48.46 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.84 | Neutral |
| MACD (12,26,9) | -0.97 | Buy |
| Stochastic (14,3,3) | 73.54 | Neutral |
| ADX (14) | 23.65 | Neutral |
| Williams %R (14) | -6.35 | Sell |
| ATR (14) | 1.96 | High Volatility |
| ROC (12) | 7.92 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 49.77 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - Regulation 74(5) compliance certificate for demat requests for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Regulation 74(5) compliance certificate for demat requests for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/SHRIHARE_09072026161546_Certificate.pdf) |
| 8 June 2026 - 3 MW waste heat recovery power plant commenced; 2 MW biomass plant expected by July 2026. | [Commencement of commercial production/operations 8 June 2026 - 3 MW waste heat recovery power plant commenced; 2 MW biomass plant expected by July 2026.](https://nsearchives.nseindia.com/corporate/SHRIHARE_08062026175533_Intimation_regarding_Commencemeent_of_Power_Plant.pdf) |
| 8 Jul - Clarifies FY26 results filing; attaches signed audit-qualification impact statement on Labour Codes. | [Reply to Clarification- Financial results 8 Jul - Clarifies FY26 results filing; attaches signed audit-qualification impact statement on Labour Codes.](https://nsearchives.nseindia.com/corporate/SHRIHARE_02072026162618_Reply_to_clarification.pdf) |
| 7 February 2026 - Kiln cooled for WHRB (captive power) integration; operations expected to resume in 3–4 weeks. | [Closure of operations 7 February 2026 - Kiln cooled for WHRB (captive power) integration; operations expected to resume in 3–4 weeks.](https://nsearchives.nseindia.com/corporate/SHRIHARE_07022026203825_Cooling_of_kiln.pdf) |
| 7 April 2026 - Regulation 74(5) compliance certificate for quarter ended March 31, 2026 submitted. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Regulation 74(5) compliance certificate for quarter ended March 31, 2026 submitted.](https://nsearchives.nseindia.com/corporate/SHRIHARE_07042026131641_Certificate.pdf) |
| 5 Sep - Newspaper advertisement published for dispatch of 23rd AGM notice and annual report on September 5, 2026. | [Copy of Newspaper Publication 5 Sep - Newspaper advertisement published for dispatch of 23rd AGM notice and annual report on September 5, 2026.](https://nsearchives.nseindia.com/corporate/SHRIHARE_05092026110917_Intimation_related_to_Newspaper_Advertisement.pdf) |
| 5 June 2026 - Company disclosed updated list of promoters and promoter group entities. | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Company disclosed updated list of promoters and promoter group entities.](https://nsearchives.nseindia.com/corporate/team_bbodade_21052026181736_SHKSIL.pdf) |
| 4 Sep - 23rd AGM on 28 Sep 2026; shareholders to approve FY26 accounts, director reappointment, and company name change. | [Shareholders meeting 4 Sep - 23rd AGM on 28 Sep 2026; shareholders to approve FY26 accounts, director reappointment, and company name change.](https://nsearchives.nseindia.com/corporate/SHRIHARE_04092026164922_Notice_of_AGM_INTIMATION.pdf) |
| 4 February 2026 - Submitted auditor certificate and legible financials, disclosed IPO proceeds utilization (Rs.2,991.30 lakhs), captive plant starting Jan 2026. | [Reply to Clarification- Financial results 4 February 2026 - Submitted auditor certificate and legible financials, disclosed IPO proceeds utilization (Rs.2,991.30 lakhs), captive plant starting Jan 2026.](https://nsearchives.nseindia.com/corporate/SHRIHARE_19012026134208_Reply_to_clarification.pdf) |
| 31 March 2026 - Captive power plant commercial production postponed to April 2026 due to LPG procurement and logistics delays. | [Postponement of commercial production/operations 31 March 2026 - Captive power plant commercial production postponed to April 2026 due to LPG procurement and logistics delays.](https://nsearchives.nseindia.com/corporate/SHRIHARE_31032026170340_Postponement_in_Commencement.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31386_SHKSIL_2025_2026_A_6582964_04092026163052.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29120_SHKSIL_2024_2025_A_44995756_17092025211309.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Dec 2025 | [Concall - Dec 2025](https://nsearchives.nseindia.com/corporate/SHRIHARE_01122025173242_Submission_of_transcript.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 2026-09-13T19:40:00.966Z.