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Shah Metacorp Limited

NSE: SHAH · Unclassified

₹2.81-3.77%06 Nov 2026

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Instant answers about Shah Metacorp Limited — computed from its filings, no language model
Market cap₹276 cr
Current price₹2.81
High / Low₹6 / ₹3
P/E19.0
P/B0.90
Book value₹3.1
ROE4.8%
ROCE3.6%
Debt / equity0.78
Dividend yield—
EPS (TTM)₹0.15
Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin
showing latest 6 of 7 periods
FY20FY21FY22FY23FY24FY25FY26
Revenue31.212.620.039.996.8176.2208.0
EBITDA-7.0-81.9-9.5-4.03.611.21.8
Operating margin-22.5%-650.8%-47.6%-10.2%3.7%6.3%0.8%
Interest2.16.20.50.30.00.02.5
Depreciation1.74.53.72.93.53.64.2
Profit before tax-5.3-92.40.4-0.34.435.415.1
Tax-0.5-17.96.0-1.90.12.83.1
Net profit-4.8-74.5-5.61.64.332.612.2
EPS ₹0.33-4.68-0.350.060.110.610.15
Operating cash flow——-21.3-0.3-32.4-46.8-57.7
Capex——0.06.70.09.92.2
Dividend paid——0.00.00.00.00.0
Total assets———120.4138.1198.1565.7
Equity———17.657.4165.4305.2

Quarterly performance

last 28 quarters · ₹ crore
showing latest 8 of 28 periods
JUN '19SEP '19DEC '19MAR '20JUN '20SEP '20DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25*DEC '25MAR '26JUN '26
Revenue19.418.514.612.20.81.23.77.05.14.86.73.73.215.420.716.221.312.946.346.348.539.941.528.966.850.062.357.2
Operating profit-2.5-3.8-3.4-3.2-1.8-4.7-5.9-69.4-0.1-0.20.1-9.3-1.21.4-6.6-0.80.61.52.23.52.82.32.63.21.61.1-4.24.7
Operating margin-12.9%-20.6%-23.5%-25.9%-234.6%-395.8%-161.9%-998.4%-2.2%-3.7%2.1%-251.6%-37.2%9.2%-32.0%-4.8%2.8%11.5%4.7%7.5%5.7%5.8%6.3%11.0%2.5%2.2%-6.7%8.3%
Other income0.00.10.08.60.3-0.00.0-0.01.72.02.0-3.22.91.40.13.01.10.20.20.00.71.70.70.70.61.916.81.2
Interest1.51.51.51.51.51.51.51.70.80.90.9-2.10.10.00.10.00.00.00.00.00.00.00.00.00.31.01.10.3
Depreciation1.41.41.41.41.11.11.11.10.90.90.90.90.70.70.70.90.90.90.80.80.90.91.01.11.11.01.01.0
Profit before tax-5.3-6.6-6.32.5-91.8-14.2-7.320.9-0.211.20.4-22.50.82.1-7.41.30.80.81.627.52.53.12.32.80.90.910.54.7
Tax-0.5-0.5-0.5-0.5-0.5-0.5-0.5-16.5-0.26.10.3-6.4-0.2-0.1-1.20.00.00.00.14.10.00.1-1.50.30.10.22.51.2
Net profit0.00.00.03.0-91.4-13.7-6.937.40.15.20.0-16.11.02.2-6.21.20.80.81.523.32.53.03.82.52.10.78.33.5
EPS ₹-0.310.00-0.370.20-5.77-0.86-0.432.390.010.330.00-1.010.060.14-0.180.040.020.020.040.560.100.060.070.040.000.010.090.04
Revenue YoY————-96.0%-93.6%-74.9%-43.3%555.1%305.0%82.6%-46.8%-32.6%129.9%458.9%—556.3%-16.2%123.8%185.0%127.6%208.8%-10.4%-37.6%37.6%25.5%50.2%97.9%
Profit YoY———————1131.2%———-143.0%-81.1%———-22.4%-65.2%—1767.2%225.0%289.6%157.4%-89.3%-16.2%-77.0%117.6%39.8%

Earlier results (standalone, Dec '10 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Shah Metacorp Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

FY12†FY13†FY14†FY15†FY16†FY17†FY18†FY19†
Revenue216.2287.3277.1176.4159.3157.293.3147.9
Operating profit15.315.011.215.62.513.9-2.6-9.3
Operating margin7.1%5.2%4.1%8.8%1.6%8.9%-2.8%-6.3%
Other income0.51.64.51.64.60.40.2—
Interest8.210.410.710.511.714.410.26.6
Depreciation3.63.74.15.610.69.27.96.7
Profit before tax4.02.60.91.0-15.2-9.2-20.6-21.5
Tax1.51.00.30.8-1.9-1.0-2.8-1.2
Net profit2.51.60.60.2-13.2-8.2-17.8-20.3

Quarters

showing latest 8 of 34 periods
DEC '10†MAR '11†JUN '11†SEP '11†DEC '11†MAR '12†JUN '12†SEP '12†DEC '12†MAR '13†JUN '13†SEP '13†DEC '13†MAR '14†JUN '14†SEP '14†DEC '14†MAR '15†JUN '15†SEP '15†DEC '15†MAR '16†JUN '16†SEP '16†DEC '16†MAR '17†JUN '17†SEP '17†DEC '17†MAR '18†JUN '18†SEP '18†DEC '18†MAR '19†
Revenue48.056.843.646.247.678.773.867.863.582.2100.474.050.252.448.139.828.460.046.243.850.918.443.729.438.245.819.911.627.634.329.440.047.431.2
Operating profit3.13.53.74.33.73.53.94.02.74.43.94.4-1.14.12.34.13.35.85.65.72.2-11.01.82.85.73.61.9-0.7-3.8-0.1-2.0-1.81.5-7.0
Operating margin6.4%6.1%8.4%9.4%7.8%4.5%5.3%5.9%4.2%5.4%3.9%5.9%-2.3%7.8%4.8%10.2%11.8%9.7%12.1%13.0%4.4%-59.9%4.2%9.7%14.9%7.8%9.7%-5.7%-13.7%-0.4%-6.8%-4.4%3.1%-22.5%
Other income0.30.20.4-0.2-0.00.30.50.20.30.70.20.10.43.80.10.00.01.40.00.10.24.20.10.10.10.10.10.00.00.0—0.40.85.5
Interest1.61.41.71.92.32.32.72.12.63.02.62.72.62.91.92.32.24.12.82.72.63.62.82.83.35.52.52.52.42.91.51.51.52.1
Depreciation0.70.80.80.81.01.00.90.90.91.01.01.01.11.11.31.31.41.52.52.53.22.42.22.32.32.31.91.92.02.01.61.61.71.7
Profit before tax1.11.41.51.50.40.50.81.1-0.51.10.60.8-4.54.0-0.80.4-0.21.60.30.5-3.3-12.7-3.1-2.20.2-4.1-2.4-5.0-8.1-5.1-5.1-4.5-6.6-5.3
Tax0.40.40.50.50.10.30.40.5-0.00.20.20.3-0.50.30.00.00.00.80.10.1-1.1-1.1-0.3-0.3-0.3-0.2-0.8-0.9-0.9-0.1-0.60.3-0.5-0.5
Net profit0.71.11.01.00.30.20.50.7-0.50.90.30.5-4.03.6-0.80.4-0.20.80.20.4-2.2-11.7-2.9-1.90.4-3.9-1.5-4.1-7.2-4.9-4.5-4.8-6.2-4.8
EPS ₹0.730.990.630.651.180.110.300.43-0.290.560.210.33-2.502.30-0.520.25-0.140.540.160.23-1.40-7.36-1.82-1.220.03-0.25-0.10-0.26-0.46-0.30-0.28-0.30-0.39-0.33
Revenue YoY————-0.8%38.5%69.2%46.8%33.3%4.4%36.0%9.1%-20.9%-36.2%-52.1%-46.2%-43.4%14.4%-4.0%10.0%79.3%-69.3%-5.4%-32.9%-25.0%149.1%-54.6%-60.6%-27.7%-25.2%47.9%245.0%71.6%-9.1%
Profit YoY————-60.3%-84.0%-52.5%-33.3%-262.1%423.5%-29.8%-22.1%—309.0%-351.5%-24.5%—-76.6%—-10.0%—-1470.6%-1248.0%-636.1%————-1779.1%—————

Returns & margins

trailing-twelve-month, per quarter
showing latest 8 of 22 periods
MAR '20JUN '20SEP '20DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26
ROE—————————-10.3%-4.3%-7.3%7.4%45.9%17.7%19.1%19.7%7.1%3.7%2.9%4.4%4.8%
ROCE—————————-3.5%-3.5%-5.0%4.7%32.6%19.6%21.0%19.3%5.9%2.5%2.2%3.2%3.6%
Net margin4.7%-191.4%-353.8%-608.6%-591.7%100.2%174.3%181.1%-53.2%-3.3%-2.8%-4.9%4.4%20.8%18.2%16.7%18.5%7.4%6.4%4.8%6.5%6.1%
EBITDA margin-20.0%-26.5%-45.6%-87.5%-650.3%-473.7%-368.0%-294.9%-46.5%-12.9%-7.3%-7.5%3.6%6.1%6.4%5.9%6.3%6.8%5.5%4.6%0.8%1.4%
Debt / equity—————————3.830.870.870.640.640.040.040.110.110.210.210.780.78
Interest coverage-1.63-16.20-17.47-17.58-13.940.876.048.59-21.53-10.93-22.21-31.64—3059.003232.00866.50708.00268.5026.316.177.137.21
Asset turnover—————————0.460.600.580.700.920.800.940.890.800.370.390.370.42

Balance sheet

equity vs borrowings over time · ₹ crore
showing latest 6 of 8 periods
SEP '22MAR '23SEP '23MAR '24SEP '24MAR '25SEP '25MAR '26
Share capital15.833.241.941.958.559.488.588.5
Other equity / reserves-45.4-15.65.815.5100.1106.0221.1216.7
Total equity-29.617.647.757.4158.6165.4309.6305.2
Borrowings82.067.541.536.56.217.864.7239.1
Current liabilities39.640.137.744.028.014.8102.218.0
Non-current liabilities78.662.636.736.76.317.963.2239.3
Total assets88.7120.4122.0138.1192.9198.1477.8565.7
Property, plant & equipment19.224.522.821.423.127.826.625.8
Capital work-in-progress0.0—0.0——0.0——
Investments0.00.00.00.00.00.046.644.5
Inventories12.27.89.312.713.08.326.927.7
Receivables25.225.327.359.9125.4131.3110.1118.4
Cash & equivalents0.428.628.70.30.60.20.72.3

Cash flow

annual · ₹ crore · line = free cash flow
FY22FY23FY24FY25FY26
Cash from operations-21.3-0.3-32.4-46.8-57.7
Cash from investing0.1-6.6-0.3-9.9-219.5
Cash from financing21.435.34.456.6279.3
Capex0.06.70.09.92.2
Free cash flow-21.4-7.0-32.4-56.8-59.9
Dividends paid0.00.00.00.00.0

Where the assets sit

Mar '26 · ₹ crore
Fixed assets (PPE)
₹25.8 cr5%
Investments
₹44.5 cr8%
Inventories
₹27.7 cr5%
Receivables
₹118.4 cr21%
Cash & equivalents
₹2.3 cr0%
Other assets
₹347.0 cr61%

Peer comparison

largest in Unclassified · this company in bold
CompanyMarket cap ₹crPriceP/EP/BROE
Avantel Limited36,86,04,549138.69—1059360.680.0%
Ducol Organics And Colours Limited19,55,275120.00—20089.130.0%
Jio Platforms Limited12,57,1811,406.40—3.57—
SBI Funds Management Limited1,01,750499.55———
Tamilnadu Telecommunication Limited91,3149.93———
Manipal Health Enterprises Limited76,294646.70———
INDO-MIM Limited59,0421,219.50———
AvenuesAI Limited45,138129.25153.69.516.2%
Dhoot Transmission Limited32,7611,601.60—8.11—
3M India Limited31,07127,570.0053.817.5732.7%
Shah Metacorp Limited2762.8119.00.904.8%

StoxGud checklist: Neutral setup · 4/10

  • Price above 50-day average
  • Price above 200-day average
  • 50-day average above 200-day (uptrend)
  • RSI in healthy 40–70 zone
  • Positive 1-year return
  • Return on equity above 15%
  • Debt to equity below 1
  • Revenue growing year on year
  • Net profit margin above 10%
  • P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-6.6%
6 months-51.0%
1 year-39.4%
3Y CAGR+1.3%
5Y CAGR+4.6%
10Y CAGR-14.5%
50-day avg₹3.12
200-day avg₹4.35
RSI (14)42

FAQs

What is the share price of Shah Metacorp Limited?

Shah Metacorp Limited (SHAH) closed at ₹2.81 on NSE on 06 Nov 2026.

What is the market cap of Shah Metacorp Limited?

₹276 crore at the latest close.

What is the P/E ratio of Shah Metacorp Limited?

19.0, on trailing-twelve-month earnings from its filings.

How fast is Shah Metacorp Limited growing?

Shah Metacorp Limited: revenue has compounded at 73.4% a year over three years; net profit at 94.7% a year. Latest-quarter revenue is up 97.9% year on year, profit up 39.8%.

How profitable is Shah Metacorp Limited?

On a trailing-twelve-month basis return on equity is 4.8%, return on capital employed 3.6%, operating margin 1.4%, net margin 6.1%.

How much debt does Shah Metacorp Limited have?

Shah Metacorp Limited is moderately geared: debt to equity is 0.78 with borrowings of ₹239 cr against cash of ₹2 cr (balance sheet of 2026-03-31). Operating profit covers interest 7.2 times.

Financials parsed from Shah Metacorp Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.