About
Shetron Limited manufactures and sells metal packaging products in India and internationally. The company offers food, beverage, decorative, and shaped cans, as well as round components, penny levers/TRF/RLT assemblies, twist-off caps, conipails, metal battery jackets rounds, and printed/coated tinplate metal sheets. It exports its products to Canada, Australia, Mexico, South Africa, Sri Lanka, Europe, North America, Russia, the Far East countries, the Gulf Cooperation Council countries, and other African countries. The company was incorporated in 1980 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap94 Cr
P/E52.90
Div Yield0.96 %
Book Value₹46.00
52w High₹143.00
52w Low₹83.80
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Mar 2019 | Dec 2018 | Sep 2018 | Jun 2018 | Mar 2018 | Dec 2017 | Sep 2017 | Jun 2017 | Mar 2017 | Dec 2016 | Sep 2016 | Jun 2016 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 34.32 | 34.72 | 44.54 | 51.17 | 35.50 | 40.65 | 41.14 | 50.96 | 33.90 | 32.81 | 40.03 | 42.00 | 31.80 |
| Expenses | 30.08 | 30.98 | 39.05 | 45.46 | 31.64 | 34.98 | 34.38 | 44.71 | 28.43 | 27.11 | 33.65 | 35.62 | 25.71 |
| Operating Profit | 4.24 | 3.74 | 5.49 | 5.71 | 3.86 | 5.67 | 6.76 | 6.25 | 5.47 | 5.70 | 6.38 | 6.38 | 6.09 |
| OPM % | 12.35 | 10.77 | 12.33 | 11.16 | 10.87 | 13.95 | 16.43 | 12.26 | 16.14 | 17.37 | 15.94 | 15.19 | 19.15 |
| Other Income | 0.55 | 0.37 | 0.77 | 0.18 | 0.27 | 0.19 | 0.09 | 0.10 | 0.33 | 0.04 | 0.14 | 0.13 | 0.17 |
| Depreciation | 2.01 | 1.34 | 1.69 | 1.67 | 1.64 | 2.29 | 2.04 | 2.07 | 2.10 | 2.08 | 2.08 | 2.04 | 2.04 |
| Interest | 2.91 | 2.69 | 2.85 | 2.99 | 2.62 | 2.90 | 3.06 | 3.26 | 3.10 | 3.36 | 3.63 | 3.69 | 3.82 |
| Profit before tax | -0.13 | 0.08 | 1.72 | 1.23 | -0.13 | 0.67 | 1.75 | 1.02 | 0.60 | 0.30 | 0.81 | 0.78 | 0.40 |
| Tax % | 92.31 | 187.50 | 31.40 | 24.39 | 92.31 | 14.93 | 24.57 | 31.37 | 31.67 | 6.67 | 37.04 | 34.62 | 15.00 |
| Net Profit | -0.25 | -0.07 | 1.18 | 0.93 | -0.25 | 0.57 | 1.32 | 0.70 | 0.41 | 0.28 | 0.51 | 0.51 | 0.34 |
| EPS in Rs | -0.28 | -0.08 | 1.31 | 1.03 | -0.28 | 0.63 | 1.47 | 0.78 | 0.46 | 0.31 | 0.57 | 0.57 | 0.42 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 165.00 | 168.00 | 148.00 | 158.00 | 161.00 | 133.00 | 125.00 | 123.00 | 118.00 | 109.00 |
| Expenses | 146.00 | 146.00 | 124.00 | 131.00 | 134.00 | 110.00 | 106.00 | 109.00 | 98.00 | 90.00 |
| Operating Profit | 19.00 | 22.00 | 24.00 | 27.00 | 27.00 | 23.00 | 19.00 | 14.00 | 20.00 | 19.00 |
| OPM % | 12.00 | 13.00 | 16.00 | 17.00 | 17.00 | 18.00 | 15.00 | 11.00 | 17.00 | 18.00 |
| Other Income | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Interest | 11.00 | 12.00 | 14.00 | 17.00 | 17.00 | 17.00 | 17.00 | 15.00 | 13.00 | 12.00 |
| Depreciation | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 9.00 | 8.00 | 7.00 | 6.00 |
| Profit before tax | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 | -1.00 | -5.00 | -7.00 | 0.00 | 2.00 |
| Tax % | 38.00 | 32.00 | 31.00 | 27.00 | 24.00 | -44.00 | -29.00 | -41.00 | 26.00 | 31.00 |
| Net Profit | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | -1.00 | -4.00 | -4.00 | 0.00 | 1.00 |
| EPS in Rs | 1.99 | 2.33 | 1.90 | 2.18 | 1.10 | -0.92 | -4.07 | -4.65 | 0.39 | 1.16 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 32.00 | 31.00 | 29.00 | 33.00 | 31.00 | 30.00 | 31.00 | 35.00 | 39.00 | 39.00 |
| Borrowings | 76.00 | 74.00 | 87.00 | 97.00 | 109.00 | 107.00 | 108.00 | 110.00 | 85.00 | 78.00 |
| Other Liabilities | 39.00 | 47.00 | 41.00 | 34.00 | 38.00 | 33.00 | 28.00 | 34.00 | 43.00 | 30.00 |
| Total Liabilities | 156.00 | 160.00 | 165.00 | 174.00 | 186.00 | 180.00 | 176.00 | 188.00 | 176.00 | 156.00 |
| Fixed Assets | 52.00 | 54.00 | 58.00 | 67.00 | 73.00 | 79.00 | 84.00 | 88.00 | 77.00 | 68.00 |
| CWIP | 0.00 | 3.00 | 4.00 | 3.00 | 2.00 | 4.00 | 1.00 | 3.00 | 2.00 | 7.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Other Assets | 104.00 | 103.00 | 103.00 | 104.00 | 111.00 | 97.00 | 92.00 | 96.00 | 97.00 | 80.00 |
| Total Assets | 156.00 | 160.00 | 165.00 | 174.00 | 186.00 | 180.00 | 176.00 | 188.00 | 176.00 | 156.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -13.00 | 12.00 | 16.00 | 17.00 | 10.00 | 9.00 | -7.00 | 8.00 | 8.00 | -5.00 |
| Cash from Investing Activity | -1.00 | 1.00 | -3.00 | -3.00 | -1.00 | -3.00 | -2.00 | -21.00 | -17.00 | -7.00 |
| Cash from Financing Activity | 14.00 | -19.00 | -11.00 | -11.00 | -11.00 | -4.00 | 9.00 | 13.00 | 13.00 | 12.00 |
| Net Cash Flow | 0.00 | -6.00 | 2.00 | 3.00 | -2.00 | 1.00 | 0.00 | 0.00 | 4.00 | 0.00 |
| Free Cash Flow | -14.00 | 13.00 | 13.00 | 14.00 | 9.00 | 5.00 | -9.00 | -14.00 | -10.00 | -12.00 |
| CFO/OP % | -63.00 | 55.00 | 70.00 | 64.00 | 38.00 | 37.00 | -36.00 | 55.00 | 41.00 | -18.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.00 | 74.00 | 71.00 | 53.00 | 67.00 | 56.00 | 63.00 | 57.00 | 75.00 | 92.00 |
| Inventory Days | 151.00 | 127.00 | 134.00 | 113.00 | 111.00 | 124.00 | 115.00 | 162.00 | 153.00 | 135.00 |
| Days Payable | 95.00 | 115.00 | 117.00 | 85.00 | 90.00 | 100.00 | 89.00 | 107.00 | 100.00 | 69.00 |
| Cash Conversion Cycle | 116.00 | 85.00 | 89.00 | 82.00 | 88.00 | 80.00 | 89.00 | 112.00 | 127.00 | 158.00 |
| Working Capital Days | 54.00 | 6.00 | 21.00 | 0.00 | 20.00 | 30.00 | 34.00 | 0.00 | 21.00 | 183.00 |
| ROCE % | 12.00 | 13.00 | 12.00 | 13.00 | 13.00 | 11.00 | 8.00 | 6.00 | 11.00 | — |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 24 Jul 2026 | 24 Jul 2026 | — | 1.00 | |
| Dividend | 29 Aug 2025 | 29 Aug 2025 | — | 1.00 | |
| Dividend | 05 Sep 2024 | — | — | 1.00 | |
| Dividend | 01 Aug 2023 | — | — | 0.50 | |
| Dividend | 04 Aug 2022 | 04 Aug 2022 | — | 0.50 | |
| Dividend | 04 Sep 2008 | — | — | 2.00 | |
| Dividend | 20 Sep 2007 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Nov 2025 from icra
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Rating update24 Oct 2024 from icra
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Rating update6 Oct 2023 from icra
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Rating update29 Sep 2022 from icra
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Rating update13 Sep 2021 from icra
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Rating update28 Jan 2021 from fitch