| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 57.2 | 28.9 | +97.9% |
| EBITDA | 4.7 | 3.2 | +49.4% |
| EBITDA margin | 8.3% | 11.0% | −2.7 pts |
| Profit before tax | 4.7 | 2.8 | +67.0% |
| Net profit | 3.5 | 2.5 | +41.2% |
| EPS | ₹0.04 | ₹0.04 | 0.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 243 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2.3 | 2.3 | 0.2 | 0.3 | 28.6 | ||
| 3.2 | 3.2 | 0.0 | — | — | ||
| 239 | 239 | 17.7 | 36.5 | 67.5 | ||
| 483 | — | — | — | — | ||
| 236 | 208 | 176 | 96.8 | 39.9 | ||
| — | +18.1% | +82.0% | +142.7% | — | ||
| 3.3 | 1.8 | 11.2 | 3.6 | −4.0 | ||
| 1.4% | 0.9% | 6.4% | 3.7% | −10.1% | ||
| −0.8 | −2.4 | 7.5 | 0.1 | −7.0 | ||
| 13.2 | 12.1 | 32.6 | 4.3 | 1.7 | ||
| 5.6% | 5.8% | 18.5% | 4.4% | 4.2% | ||
| ₹0.16 | ₹0.14 | ₹0.37 | ₹0.05 | ₹0.02 | ||
| — | −62.7% | +664.7% | +157.8% | — | ||
| — | −57.7 | −46.8 | −32.4 | −0.3 | ||
| — | −2.2 | −10.0 | 0.0 | −6.7 | ||
| −59.9 | −59.9 | −56.8 | −32.4 | −7.0 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 242.5 | |
| - Cash, Equiv & ST Investments | 28.6 | 0.3 | 0.2 | 2.3 | 2.3 | |
| + Minority Interest | — | — | 0.0 | 3.2 | 3.2 | |
| + Total Debt | 67.5 | 36.5 | 17.7 | 239.1 | 239.1 | |
| Enterprise Value | — | — | — | — | 482.6 | |
| Revenue | 39.9 | 96.8 | 176.2 | 208.0 | 236.3 | |
| Growth %, YoY | — | +142.7 | +82.0 | +18.1 | — | |
| EBITDA | -4.0 | 3.6 | 11.2 | 1.8 | 3.3 | |
| Margin % | -10.14 | 3.71 | 6.35 | 0.85 | 1.41 | |
| EBIT | -7.0 | 0.1 | 7.5 | -2.4 | -0.8 | |
| Net Income | 1.7 | 4.3 | 32.6 | 12.1 | 13.2 | |
| Margin % | 4.15 | 4.41 | 18.51 | 5.84 | 5.57 | |
| EPS, Adj (current shares) | 0.02 | 0.05 | 0.37 | 0.14 | 0.16 | |
| Growth %, YoY | — | +157.8 | +664.7 | -62.7 | — | |
| Cash from Operations | -0.3 | -32.4 | -46.8 | -57.7 | — | |
| Capital Expenditures | -6.7 | -0.0 | -10.0 | -2.2 | — | |
| Free Cash Flow | -7.0 | -32.4 | -56.8 | -59.9 | -59.9 | |
Prices at the previous close · figures from the company's filings with NSE
Shah Metacorp (NSE: SHAH) had a market capitalisation of ₹269 crore at the previous close (₹2.74 a share), a PE ratio of 18.5 on the last four quarters' profit and a price-to-book ratio of 0.88. In FY26 its consolidated net profit was ₹12.2 crore on revenue of ₹208 crore; in Q1 FY27 (April–June 2026) it was ₹3.5 crore, up 39.5% year on year. Its debt-to-equity ratio was 0.78 on 31 March 2026. Promoters held 32.51% of the shares on 30 September 2026.
Shah Metacorp's PE ratio is 18.5 at the previous close (₹2.74 a share): a market capitalisation of ₹269 crore divided by consolidated net profit of ₹14.5 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹12.2 crore) it is 22.1.
Shah Metacorp's debt-to-equity ratio was 0.78 on 31 March 2026: borrowings of ₹239 crore against total equity of ₹308 crore. A year earlier, on 31 March 2025, it was 0.11.
Shah Metacorp's net worth — shareholders' equity in its consolidated balance sheet — was ₹305 crore on 31 March 2026, up 84.6% from ₹165 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹269 crore at the previous close.
Shah Metacorp's price-to-book (PB) ratio is 0.88 at the previous close: a market capitalisation of ₹269 crore divided by shareholders' equity (book value) of ₹305 crore on 31 March 2026. That is a book value of ₹3.11 per share against a share price of ₹2.74.
In FY26, Shah Metacorp's return on equity (ROE) was 5.2% and its return on capital employed (ROCE) was −0.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 29.3% and ROCE 5.4%.
Shah Metacorp's book value per share was ₹3.11 on 31 March 2026: shareholders' equity of ₹305 crore divided by the 98.24 crore shares in issue. The share price at the previous close was ₹2.74.
Shah Metacorp's market capitalisation was ₹269 crore at the previous close: 98.24 crore shares at ₹2.74 each.
Shah Metacorp's basic earnings per share (EPS) were ₹0.15 in FY26.
Shah Metacorp will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
No. Shah Metacorp had borrowings of ₹239 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.78. Its cash and current investments were ₹2.3 crore, so its net debt was ₹237 crore.
Promoters held 32.51% of Shah Metacorp on 30 September 2026, up 3.02 percentage points from 29.49% the previous quarter and up 3.36 percentage points from 29.15% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Shah Metacorp generated ₹57.7 crore of cash from operations and spent ₹2.2 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹59.9 crore. In FY25 it was −₹56.8 crore.
On 30 September 2026, Shah Metacorp's shares were held by promoters 32.51%, foreign portfolio investors (FII/FPI) 0.48%, domestic institutions (DII) 0.00% and retail and other non-institutional investors 67.01%. Over the year, DII holding was down 0.04 percentage points from 0.04%.
Shah Metacorp's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹3.5 crore, up 39.5% from ₹2.5 crore in Q1 FY26; revenue from operations ₹57.2 crore, up 97.9% year on year.
On FY26 consolidated figures, against Manaksia, Suraj and Bedmutha Industries: Shah Metacorp's operating margin of −1.2% is the lowest of the four (Manaksia 4.6%, Suraj 4.3%, Bedmutha Industries 2.3%; peer average 3.7%); its return on equity of 5.2% is the third highest of the four (Manaksia 8.1%, Suraj 5.5%, Bedmutha Industries 4.4%; peer average 6.0%).
In FY26 (April 2025–March 2026), Shah Metacorp's consolidated net profit was ₹12.2 crore, down 62.7% from ₹32.6 crore in FY25, on revenue from operations of ₹208 crore (up 18.1%). Over three years, from FY23, net profit was up 635.7%.
In FY26, Shah Metacorp earned net profit of ₹12.2 crore on revenue of ₹208 crore, against ₹52.3 crore on ₹784 crore for Manaksia. Shah Metacorp's operating margin was −1.2% (Manaksia 4.6%) and its return on equity 5.2% (Manaksia 8.1%).
From Shah Metacorp's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.