---
title: "Shree Ram Proteins Ltd (SRPL) — Share Price, Financials & Analysis"
symbol: "SRPL"
company: "Shree Ram Proteins Ltd"
canonical: "https://tapetide.com/stocks/SRPL"
isin: "INE008Z01020"
nse_symbol: "SRPL"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
market_cap_cr: 14.57
generated_at: "2026-09-13T18:45:09.956Z"
---

# Shree Ram Proteins Ltd (SRPL)

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

## Company

- **NSE Symbol:** SRPL
- **ISIN:** INE008Z01020
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2020-09-23
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** shreeramproteins.com

## About

Incorporated in 2008, Shree Ram Proteins Ltd is in the business of edible oil and solvent extraction from all types of agro[1]

## Latest Price

- **Price:** ₹0.34
- **Change:** +0.01 (+3.03%)
- **Open:** ₹0.34
- **Day High:** ₹0.34
- **Day Low:** ₹0.32
- **Previous Close:** ₹0.33
- **Volume:** 239095
- **As Of:** 2026-08-10T09:57:00+00:00

## Key Fundamentals

Observed at 2026-08-10T04:32:21.116505Z.

- **Market Cap:** ₹14.57 Cr
- **Classification:** Microcap
- **P/E (reported):** -0.6
- **EPS (TTM):** ₹-0.35
- **Book Value:** ₹0.87
- **Price to Book:** 0.38
- **Dividend Yield:** 0%
- **ROE:** -82.72%
- **ROCE:** -45.27%
- **Debt to Equity:** 2.47
- **Revenue (yearly):** ₹2.6 Cr
- **Net Income:** ₹-21.1 Cr
- **EBITDA:** ₹-16.9 Cr
- **52-Week High:** ₹0.84
- **52-Week Low:** ₹0.32

## Key Insights

### Strengths

- Stock is trading at 0.95 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 4.08%
- Company has a low return on equity of -32.6% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -16.6%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 259.32% | 110.5% | 146.51% |
| ebitda margin growth | 95.83% | — | — | — |
| net income growth | 94% | 119.79% | -655.26% | — |
| revenue growth | 0% | -82.78% | -74.81% | -55.72% |
| roce | — | 196.46% | -403.01% | -3.41% |
| roe | — | 301.16% | -32.16% | — |

## 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 | 5.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 7.48 | 4.55 | 3.29 | 0.25 | 0.3 | 0.18 | 0.18 | 1.69 | 0.11 | 0.18 | 2.49 | 0.46 |
| Operating Profit | -1.82 | -4.55 | -3.29 | -0.25 | -0.3 | -0.18 | -0.18 | -1.69 | -0.11 | -0.18 | -2.49 | -0.46 |
| OPM % | -32.16 | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0.23 | 0 | 0.01 | 0 | -7.89 | -4.15 | -3.99 | 0.01 | -4.72 | 0 | 0.01 | 1.4 |
| Interest | 0.36 | 0.01 | 0 | 0 | 3.38 | 0.02 | 0 | 0 | 0.01 | 0 | 0 | 7.21 |
| Depreciation | 0.21 | 0.21 | 0.21 | 0.17 | 0.03 | 0.31 | 0.17 | 0.14 | 0.14 | 0.14 | 0.14 | 0.09 |
| Profit before tax | -2.16 | -4.77 | -3.49 | -0.42 | -11.6 | -4.66 | -4.34 | -1.82 | -4.98 | -0.32 | -2.62 | -6.36 |
| Tax % | -11.57 | -3.77 | -4.87 | 19.05 | 0 | 0 | -0.46 | -0.55 | -0.2 | -3.12 | 14.5 | 0 |
| Net Profit | -1.89 | -4.58 | -3.32 | -0.5 | -11.6 | -4.66 | -4.32 | -1.82 | -4.97 | -0.32 | -3 | -6.36 |
| EPS in Rs | -0.04 | -0.11 | -0.08 | -0.01 | -0.27 | -0.11 | -0.1 | -0.04 | -0.12 | -0.01 | -0.07 | -0.15 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 195 | 158 | 156 | 153 | 288 | 163 | 15 | 0 | 0 | 0 |
| Expenses | 188 | 149 | 148 | 147 | 275 | 152 | 23 | 19 | 3 | 3 |
| Operating Profit | 8 | 9 | 8 | 6 | 13 | 11 | -8 | -19 | -3 | -3 |
| OPM % | 4 | 6 | 5 | 3.8 | 4.5 | 6 | -54 | — | — | — |
| Other Income | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 3 | -6 | -3 |
| Interest | 4 | 4 | 4 | 4 | 4 | 4 | 2 | 3 | 0 | 7 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 4 | 4 | 1 | 8 | 5 | -10 | -21 | -10 | -14 |
| Tax % | 37 | 25 | 26 | 24 | 26 | 27 | -5 | 0 | 4 | — |
| Net Profit | 2 | 3 | 3 | 1 | 6 | 4 | -10 | -21 | -10 | -15 |
| EPS in Rs | 0.04 | 0.08 | 0.06 | 0.02 | 0.14 | 0.09 | -0.22 | -0.49 | -0.24 | -0.35 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 15 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 4 | 18 | 21 | 24 | 25 | 31 | 35 | 25 | 4 | -6 |
| Borrowings | 47 | 47 | 42 | 40 | 44 | 43 | 37 | 37 | 38 | 37 |
| Other Liabilities | 21 | 26 | 12 | 16 | 10 | 21 | 13 | 15 | 15 | 17 |
| Total Liabilities | 88 | 113 | 97 | 101 | 100 | 116 | 106 | 98 | 79 | 69 |
| Fixed Assets | 11 | 11 | 10 | 8 | 7 | 7 | 7 | 6 | 5 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 76 | 102 | 87 | 92 | 93 | 109 | 99 | 93 | 74 | 65 |
| Total Assets | 88 | 113 | 97 | 101 | 100 | 116 | 106 | 98 | 79 | 69 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6 | -14 | 8 | 5 | 1 | 36 | -20 | 1 | 2 | 1 |
| Cash from Investing Activity | 0 | -1 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 |
| Cash from Financing Activity | -7 | 15 | -8 | -6 | -1 | -6 | -10 | -1 | -2 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 30 | -31 | 0 | 0 | 0 |
| Free Cash Flow | 6 | -14 | 8 | 5 | 1 | 36 | -20 | 1 | 2 | 1 |
| CFO/OP | 108 | -171 | 114 | 77 | 32 | 287 | -194 | -7 | -11 | -32 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 88 | 98 | 86 | 120 | 104 | 10 | 62 | 586 | — | — |
| Inventory Days | 90 | 95 | 121 | 99 | 121 | 85 | 96 | 678 | 340 | — |
| Days Payable | 49 | 46 | 27 | 36 | 23 | 25 | 20 | 184 | 203 | — |
| Cash Conversion Cycle | 128 | 147 | 180 | 183 | 202 | 70 | 138 | 1080 | — | — |
| Working Capital Days | 53 | 85 | 100 | 108 | 119 | 31 | 127 | 1249 | — | — |
| ROCE % | 7 | 8 | 9 | 8 | 6 | 14 | 10 | -10 | -24 | -6 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Dec 2024 | Mar 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 50.32% | 46.1% | 39.65% | 19.34% | 20.67% | 17.03% | 4.31% | 4.08% | 4.08% | 4.08% | 4.08% | 4.08% |
| FIIs | 0% | 6.81% | 6.81% | 6.79% | 6.32% | 5.62% | 4.48% | 4.48% | 4.48% | 4.44% | 4.44% | 4.44% |
| 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 | 38.25% | 41.99% | 47.89% | 57.01% | 61.79% | 66.38% | 80.43% | 82.62% | 86.31% | 87.08% | 87.5% | 87.08% |
| Others | 11.43% | 5.1% | 5.65% | 16.86% | 11.22% | 10.97% | 10.78% | 8.82% | 5.13% | 4.4% | 3.98% | 4.4% |
| No. of Shareholders | 2637 | 3013 | 3433 | 4350 | 6144 | 11045 | 16026 | 23484 | 38287 | 38891 | 41801 | 41448 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.35 | Sell |
| EMA (10) | 0.36 | Sell |
| SMA (20) | 0.39 | Sell |
| EMA (20) | 0.4 | Sell |
| SMA (50) | 0.51 | Sell |
| EMA (50) | 0.48 | Sell |
| SMA (100) | 0.59 | Sell |
| EMA (100) | 0.56 | Sell |
| SMA (200) | 0.63 | Sell |
| EMA (200) | 0.68 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 15.22 | Buy |
| MACD (12,26,9) | -0.05 | Sell |
| Stochastic (14,3,3) | 7.14 | Buy |
| ADX (14) | 77.2 | Buy |
| Williams %R (14) | -85.71 | Buy |
| ATR (14) | 0.02 | High Volatility |
| ROC (12) | -19.05 | Sell |
| Stoch RSI (14) | 75.13 | Neutral |
| UO (7,14,28) | 28.05 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 11 Sep - Postal ballot on August 11-September 9, 2026 approved sale, lease or disposal of the whole undertaking. | [Shareholders meeting 11 Sep - Postal ballot on August 11-September 9, 2026 approved sale, lease or disposal of the whole undertaking.](https://nsearchives.nseindia.com/corporate/SRPL_11092026113322_signedreport.pdf) |
| 11 Sep - Board approved Q1 FY2026 unaudited and FY2026 audited results; auditors issued adverse opinion over going-concern risks. | [Outcome of Board Meeting 11 Sep - Board approved Q1 FY2026 unaudited and FY2026 audited results; auditors issued adverse opinion over going-concern risks.](https://nsearchives.nseindia.com/corporate/SRPL_11092026150844_outcome.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/SRPL_07092026102839_covering.pdf) |
| 2026-08-18 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/SRPL_18082026145556_cons_scrutinizer_egm.pdf) |
| 2026-08-17 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_17082026150219_outcome.pdf) |
| 2026-08-17 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_17082026150613_outcome.pdf) |
| 2026-08-11 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/SRPL_11082026162043_newspaper.pdf) |
| 2026-08-10 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/SRPL_10082026161258_coveringnotice.pdf) |
| 2026-08-10 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_10082026152503_outcomebm.pdf) |
| 2026-08-10 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_10082026152933_outcomebm.pdf) |
| 2026-07-20 | [Reply to Clarification- Financial results](https://nsearchives.nseindia.com/corporate/SRPL_24062025174637_Audit_report_.pdf) |
| 2026-06-29 | [Trading Window](https://nsearchives.nseindia.com/corporate/SRPL_29062026143932_Covering11.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-02-05 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_05022026135609_OutcomeofBMSRPL050220261.pdf) |
| 2026-01-28 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_28012026125124_BMoutcome.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_13112025164323_Outcome_of_Board_Meeting_13-11-2025.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_13112025164106_Outcome_of_Board_Meeting_13-11-2025.pdf) |
| 2025-11-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SRPL_04112025162440_Draft_BM_outcome_SRPL-_jay-04-11.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_29228_SRPL_2024_2025_A_1890751_11022026233303.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_29227_SRPL_2023_2024_A_1943214_11022026232713.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22475_SRPL_2022_2023_21072023184342_07212023190003.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20109_SRPL_2021_2022_25062022151835_06252022160003.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19728_SRPL_2020_2021_08092021174712_09082021180032.zip) |

---

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 2026-09-13T18:45:09.956Z.