Shah Metacorp balance sheet

As of Mar 2026

Total assets: ₹566cr+185.5% on Mar 2025
Shareholders' equity: ₹308cr+86.5% on Mar 2025
Total debt: ₹239cr+1,247.1% on Mar 2025
Cash and investments: ₹2.3cr+919.1% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	25.8	27.8	21.4	24.5
	0.9	0.0	—	0.0
	73.0	0.0	0.0	0.0
	44.4	0.0	0.0	0.0
	10.6	2.2	2.7	2.5
	55.0	2.2	2.7	2.5
	18.3	18.7	21.4	21.5
	22.2	0.5	0.7	0.7
	195	49.2	46.3	49.2
	27.7	8.3	12.7	7.8
	118	131	59.9	25.3
	2.3	0.2	0.3	28.6
	0.0	0.0	0.0	0.0
	191	0.1	0.1	0.0
	312	132	60.3	54.0
	30.3	8.6	18.6	9.3
	370	149	91.8	71.2
	566	198	138	120
Equity
	88.5	59.4	41.9	33.2
	217	106	15.5	−15.6
	305	165	57.4	17.6
	3.2	0.0	—	—
	308	165	57.4	17.6
Liabilities
	239	17.7	36.5	62.5
	239	17.7	36.5	62.5
	0.2	0.2	0.1	0.2
	239	17.9	36.7	62.6
	0.0	0.0	0.0	5.0
	16.1	13.3	24.4	16.5
	0.6	0.0	16.2	16.4
	16.7	13.4	40.6	37.9
	0.0	0.0	0.0	0.0
	0.0	0.1	—	0.0
	1.2	1.4	3.4	2.2
	18.0	14.8	44.0	40.2
	257	32.7	80.6	103
	566	198	138	120
Assets — additional as-filed lines
	0.4	0.3	0.2	0.1
Trade payables — MSME split
	0.0	0.0	—	—
	16.1	13.3	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SHAH₹2.74

Shah Metacorp Limited

· Capital Goods & Defence

₹ CrorePeersMANAKSIA SURAJLTD BEDMUTHA VMSTMT VSTL RUDRA SHAHALLOYS INCREDIBLEMcap ₹243 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	24.5	21.4	27.8	25.8	25.8
+ Investment Property	0.0	—	0.0	0.9	0.9
+ Goodwill	0.0	0.0	0.0	73.0	73.0
+ Non-current Investments	0.0	0.0	0.0	44.4	44.4
+ Other Non-current Financial Assets	2.5	2.7	2.2	10.6	10.6
Non-current Financial Assets	2.5	2.7	2.2	55.0	55.0
+ Deferred Tax Assets	21.5	21.4	18.7	18.3	18.3
+ Other Non-current Assets	0.7	0.7	0.5	22.2	22.2
Total Non-current Assets	49.2	46.3	49.2	195.3	195.3
Current Assets
+ Inventories	7.8	12.7	8.3	27.7	27.7
+ Trade Receivables	25.3	59.9	131.3	118.4	118.4
+ Cash & Cash Equivalents	28.6	0.3	0.2	2.3	2.3
+ Short-term Loans	0.0	0.0	0.0	0.0	0.0
+ Other Current Financial Assets	0.0	0.1	0.1	191.4	191.4
Current Financial Assets	54.0	60.3	131.7	312.1	312.1
+ Other Current Assets	9.3	18.6	8.6	30.3	30.3
Total Current Assets	71.2	91.8	148.9	370.4	370.4
Total Assets	120.4	138.1	198.1	565.7	565.7
Equity
+ Equity Share Capital	33.2	41.9	59.4	88.5	88.5
+ Other Equity / Reserves	-15.6	15.5	106.0	216.7	216.7
Equity — Owners of Parent	17.6	57.4	165.4	305.2	305.2
+ Minority Interest	—	—	0.0	3.2	3.2
Total Equity	17.6	57.4	165.4	308.4	308.4
Liabilities
+ Borrowings — Non-current	62.5	36.5	17.7	239.1	239.1
Non-current Financial Liabilities	62.5	36.5	17.7	239.1	239.1
+ Provisions — Non-current	0.2	0.1	0.2	0.2	0.2
Non-current Liabilities	62.6	36.7	17.9	239.3	239.3
+ Borrowings — Current	5.0	0.0	0.0	0.0	0.0
+ Trade Payables	16.5	24.4	13.3	16.1	16.1
+ Other Current Financial Liab	16.4	16.2	0.0	0.6	0.6
Current Financial Liabilities	37.9	40.6	13.4	16.7	16.7
+ Provisions — Current	0.0	0.0	0.0	0.0	0.0
+ Current Tax Liabilities	0.0	—	0.1	0.0	0.0
+ Other Current Liabilities	2.2	3.4	1.4	1.2	1.2
Current Liabilities	40.2	44.0	14.8	18.0	18.0
Total Liabilities	102.8	80.6	32.7	257.3	257.3
Total Equity & Liabilities	120.4	138.1	198.1	565.7	565.7
Assets — additional as-filed lines
+ Current Tax Assets	0.1	0.2	0.3	0.4	0.4
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	0.0	0.0	0.0
+ Dues to Other Creditors — Current	—	—	13.3	16.1	16.1

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.