About
Shilp Gravures Limited, together with its subsidiary, Etone India Private Limited, manufactures and sells engraved copper rollers using electronic, laser, and chemical etching technologies in India. It operates through Engraved Copper Roller, Power Generation, and Others segments. The company's products are used in flexible packaging, coating rollers/anilox rollers, embossed/laser engraving, scanning services, and special applications. It also exports its products. In addition, the company generates energy through windmills with a total capacity of 2800 KW, solar farms with a total capacity of 2000 KW, and rooftop systems with a total capacity of 425 KW. Shilp Gravures Limited was incorporated in 1993 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap90 Cr
P/E10.50
Div Yield1.45 %
Book Value₹171.00
52w High₹315.00
52w Low₹130.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.20 | 23.96 | 23.21 | 25.88 | 24.83 | 23.23 | 21.48 | 24.02 | 22.78 | 22.42 | 19.88 | 24.00 | 21.19 |
| Expenses | 21.70 | 20.16 | 20.08 | 21.93 | 21.11 | 22.46 | 20.60 | 21.51 | 19.78 | 19.94 | 17.78 | 20.08 | 18.10 |
| Operating Profit | 3.50 | 3.80 | 3.13 | 3.95 | 3.72 | 0.77 | 0.88 | 2.51 | 3.00 | 2.48 | 2.10 | 3.92 | 3.09 |
| OPM % | 13.89 | 15.86 | 13.49 | 15.26 | 14.98 | 3.31 | 4.10 | 10.45 | 13.17 | 11.06 | 10.56 | 16.33 | 14.58 |
| Other Income | 2.77 | -2.09 | -0.86 | 0.09 | 2.75 | -0.68 | -0.95 | 2.57 | 2.24 | 1.72 | 2.41 | 1.72 | 2.58 |
| Depreciation | 1.58 | 1.57 | 1.36 | 1.32 | 1.30 | 1.43 | 1.37 | 1.35 | 1.33 | 1.25 | 1.22 | 1.22 | 1.15 |
| Interest | 0.04 | 0.05 | 0.06 | 0.17 | 0.04 | 0.04 | 0.05 | 0.14 | 0.14 | 0.08 | 0.08 | 0.12 | 0.08 |
| Profit before tax | 4.65 | 0.09 | 0.85 | 2.55 | 5.13 | -1.38 | -1.49 | 3.59 | 3.77 | 2.87 | 3.21 | 4.30 | 4.44 |
| Tax % | 27.96 | -111.11 | -56.47 | 30.98 | 28.07 | -42.03 | 23.49 | 20.89 | 7.43 | 48.78 | 14.33 | 22.33 | 13.29 |
| Net Profit | 3.35 | 0.19 | 1.33 | 1.77 | 3.70 | -0.80 | -1.84 | 2.84 | 3.49 | 1.46 | 2.75 | 3.35 | 3.86 |
| EPS in Rs | 5.45 | 0.31 | 2.16 | 2.88 | 6.02 | -1.30 | -2.99 | 4.62 | 5.67 | 2.37 | 4.47 | 5.45 | 6.28 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97.87 | 91.52 | 87.48 | 87.20 | 74.79 | 69.81 | 70.65 | 63.59 | 59.67 | 60.42 | 62.66 | 57.03 |
| Expenses | 83.25 | 84.36 | 75.86 | 72.59 | 62.92 | 57.11 | 58.73 | 48.95 | 45.99 | 47.25 | 47.26 | 42.13 |
| Operating Profit | 14.62 | 7.16 | 11.62 | 14.61 | 11.87 | 12.70 | 11.92 | 14.64 | 13.68 | 13.17 | 15.40 | 14.90 |
| OPM % | 14.94 | 7.82 | 13.28 | 16.75 | 15.87 | 18.19 | 16.87 | 23.02 | 22.93 | 21.80 | 24.58 | 26.13 |
| Other Income | -0.12 | 3.18 | 8.41 | 1.28 | 3.67 | 6.05 | -2.18 | 1.03 | 0.30 | 0.51 | 0.39 | 0.35 |
| Interest | 0.32 | 0.37 | 0.36 | 0.41 | 0.53 | 1.07 | 1.47 | 1.70 | 2.15 | 2.63 | 1.88 | 2.01 |
| Depreciation | 5.54 | 5.48 | 4.84 | 4.79 | 4.95 | 5.40 | 6.14 | 6.07 | 6.24 | 6.60 | 6.24 | 5.80 |
| Profit before tax | 8.64 | 4.49 | 14.83 | 10.69 | 10.06 | 12.28 | 2.13 | 7.90 | 5.59 | 4.45 | 7.67 | 7.44 |
| Tax % | 18.98 | 17.37 | 22.99 | 26.94 | 21.37 | 16.37 | 59.62 | 29.37 | 28.62 | 51.24 | 27.90 | 29.03 |
| Net Profit | 7.00 | 3.71 | 11.42 | 7.81 | 7.91 | 10.27 | 0.87 | 5.58 | 3.99 | 2.16 | 5.53 | 5.28 |
| EPS in Rs | 11.38 | 6.03 | 18.57 | 12.70 | 12.86 | 16.70 | 1.41 | 8.99 | 6.16 | 4.05 | 8.96 | 8.54 |
| Dividend Payout % | 18.45 | 34.81 | 11.31 | 16.54 | 13.99 | 10.78 | 106.03 | 13.35 | 19.47 | 29.64 | 16.74 | 17.57 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 | 6.15 |
| Reserves | 98.78 | 92.97 | 90.80 | 80.75 | 74.00 | 67.06 | 56.72 | 40.69 | 36.05 | 33.79 | 32.17 | 27.74 |
| Borrowings | 0.28 | 0.80 | 4.01 | 2.49 | 4.75 | 5.31 | 17.78 | 11.31 | 17.89 | 21.30 | 19.50 | 17.54 |
| Other Liabilities | 14.91 | 15.77 | 13.54 | 16.00 | 12.07 | 11.55 | 12.89 | 15.38 | 19.25 | 18.73 | 17.64 | 14.81 |
| Total Liabilities | 120.12 | 115.69 | 114.50 | 105.39 | 96.97 | 90.07 | 93.54 | 73.53 | 79.34 | 79.97 | 75.46 | 66.24 |
| Fixed Assets | 58.85 | 53.56 | 54.56 | 50.15 | 53.14 | 48.43 | 52.44 | 44.20 | 49.44 | 52.96 | 42.47 | 41.98 |
| CWIP | 0.00 | 0.00 | 1.07 | 2.46 | 0.17 | 0.00 | 0.58 | 0.09 | 0.07 | 0.32 | 2.97 | 0.79 |
| Investments | 27.09 | 32.27 | 30.57 | 23.39 | 16.83 | 14.20 | 10.93 | 1.54 | 0.02 | 0.02 | 0.02 | 0.02 |
| Other Assets | 34.18 | 29.86 | 28.30 | 29.39 | 26.83 | 27.44 | 29.59 | 27.70 | 29.81 | 26.67 | 30.00 | 23.45 |
| Total Assets | 120.12 | 115.69 | 114.50 | 105.39 | 96.97 | 90.07 | 93.54 | 73.53 | 79.34 | 79.97 | 75.46 | 66.24 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 9.59 | 9.94 | 9.28 | 13.53 | 11.00 | 11.82 | 10.03 | 16.47 | 10.21 | 11.95 | 14.90 | 13.29 |
| Cash from Investing Activity | -10.42 | -2.78 | -7.64 | -9.63 | -9.15 | 1.83 | -9.77 | -10.03 | -3.63 | -9.12 | -14.22 | -8.18 |
| Cash from Financing Activity | -2.13 | -4.86 | -0.14 | -3.78 | -2.18 | -13.54 | -0.13 | -6.46 | -6.61 | -2.87 | -0.94 | -4.92 |
| Net Cash Flow | -2.96 | 2.30 | 1.50 | 0.12 | -0.32 | 0.11 | 0.12 | -0.03 | -0.03 | -0.04 | -0.26 | 0.19 |
| Free Cash Flow | -7.76 | 7.01 | 0.52 | 10.75 | 1.86 | 11.18 | -4.86 | 16.72 | 6.48 | 2.26 | 1.58 | 4.66 |
| CFO/OP % | 81.00 | 140.00 | 105.00 | 107.00 | 112.00 | 107.00 | 100.00 | 131.00 | 88.00 | 102.00 | 110.00 | 102.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63.33 | 61.78 | 58.66 | 72.96 | 68.91 | 80.57 | 82.09 | 73.76 | 96.83 | 86.27 | 81.38 | 90.56 |
| Inventory Days | 64.70 | 79.90 | 95.97 | 99.75 | 123.78 | 140.84 | 177.73 | 108.86 | 188.70 | 125.12 | 105.75 | 101.26 |
| Days Payable | 67.72 | 103.58 | 83.67 | 117.67 | 105.26 | 114.32 | 163.61 | 155.23 | 220.50 | 159.36 | 142.05 | 114.87 |
| Cash Conversion Cycle | 60.31 | 38.10 | 70.96 | 55.04 | 87.43 | 107.10 | 96.21 | 27.39 | 65.03 | 52.02 | 45.07 | 76.96 |
| Working Capital Days | 158.46 | 45.78 | 43.52 | 49.52 | 49.93 | 59.13 | 26.45 | 0.11 | 12.05 | 13.23 | 10.31 | 1.66 |
| ROCE % | 11.19 | 2.28 | 7.99 | 11.68 | 9.31 | 13.60 | — | 16.41 | 13.67 | 11.86 | 17.40 | — |
Corporate Actions
19 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 29 Aug 2025 | 29 Aug 2025 | — | 2.10 | |
| Dividend | 13 Sep 2024 | 14 Sep 2024 | — | 2.10 | |
| Dividend | 18 Aug 2023 | — | — | 2.10 | |
| Dividend | 19 Sep 2022 | — | — | 1.80 | |
| Dividend | 21 Sep 2021 | — | — | 1.80 | |
| Dividend | 23 Mar 2020 | 25 Mar 2020 | — | 1.50 | |
| Dividend | 16 Aug 2019 | — | — | 1.50 | |
| Dividend | 20 Nov 2018 | 22 Nov 2018 | — | 2.50 | |
| Dividend | 05 Jul 2018 | — | — | 1.50 | |
| Dividend | 14 Sep 2017 | — | — | 1.50 | |
| Dividend | 16 Sep 2015 | — | — | 1.20 | |
| Dividend | 21 Aug 2014 | — | — | 1.20 | |
| Dividend | 05 Aug 2013 | — | — | 1.50 | |
| Dividend | 26 Jul 2012 | — | — | 1.50 | |
| Dividend | 28 Jul 2011 | — | — | 1.25 | |
| Dividend | 29 Jul 2010 | — | — | 1.25 | |
| Dividend | 30 Jul 2009 | — | — | 1.00 | |
| Dividend | 08 May 2008 | — | — | 2.10 | |
| Dividend | 10 Jul 2001 | — | — | 1.60 |