About
Shreyans Industries Limited engages in the manufacture and sale of writing and printing papers and soda ash in India and internationally. The company offers high-brightness, cream wove, coloured, duplicating, surface-sized printing, azure laid, maplitho, stamp, inland letter, postal envelope, offset, cover, super calendered, rail ticket, and super printing paper products. It serves copy manufacturers, job printers, various states of textbook depots/boards, exporters of notebooks and diaries, printing and stationary departments, railways, P and T departments, and security presses. The company was formerly known as Shreyans Paper Mills Ltd. and changed its name to Shreyans Industries Limited in October 1992. Shreyans Industries Limited was incorporated in 1979 and is based in Ludhiana, India.
Key Metrics
as of Sep 2026Market Cap178 Cr
P/E—
Div Yield1.16 %
Book Value₹309.00
52w High₹247.00
52w Low₹122.00
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 | 160.13 | 167.70 | 159.20 | 142.29 | 153.63 | 179.08 | 169.66 | 132.47 | 135.56 | 167.52 | 172.65 | 171.20 | 187.81 |
| Expenses | 168.59 | 178.64 | 163.11 | 136.61 | 137.74 | 152.22 | 153.73 | 124.92 | 119.82 | 150.27 | 155.29 | 147.43 | 148.60 |
| Operating Profit | -8.46 | -10.94 | -3.91 | 5.68 | 15.89 | 26.86 | 15.93 | 7.55 | 15.74 | 17.25 | 17.36 | 23.77 | 39.21 |
| OPM % | -5.28 | -6.52 | -2.46 | 3.99 | 10.34 | 15.00 | 9.39 | 5.70 | 11.61 | 10.30 | 10.06 | 13.88 | 20.88 |
| Other Income | 10.01 | 3.80 | 5.34 | 0.50 | 11.10 | 2.59 | 2.10 | 9.11 | 7.44 | 6.07 | 15.23 | 6.09 | 7.59 |
| Depreciation | 4.03 | 3.86 | 3.92 | 3.95 | 3.87 | 3.90 | 3.87 | 3.97 | 3.73 | 3.45 | 3.44 | 3.38 | 3.31 |
| Interest | 0.96 | 0.94 | 1.40 | 0.91 | 0.83 | 1.09 | 1.14 | 0.96 | 0.92 | 1.23 | 1.18 | 0.91 | 0.93 |
| Profit before tax | -3.44 | -11.94 | -3.89 | 1.32 | 22.29 | 24.46 | 13.02 | 11.73 | 18.53 | 18.64 | 27.97 | 25.57 | 42.56 |
| Tax % | -6.10 | -12.14 | -34.45 | -68.94 | 22.52 | 24.57 | 30.11 | 22.68 | 24.61 | 20.01 | 25.46 | 23.00 | 24.91 |
| Net Profit | -3.24 | -10.48 | -2.55 | 2.23 | 17.27 | 18.46 | 9.10 | 9.07 | 13.97 | 14.90 | 20.85 | 19.69 | 31.97 |
| EPS in Rs | -2.34 | -7.58 | -1.84 | 1.61 | 12.49 | 13.35 | 6.58 | 6.56 | 10.11 | 10.78 | 15.08 | 14.24 | 23.13 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 623.00 | 617.00 | 699.00 | 866.00 | 584.00 | 366.00 | 540.00 | 574.00 | 464.00 | 420.00 | 389.00 | 368.00 |
| Expenses | 607.00 | 547.00 | 602.00 | 759.00 | 574.00 | 361.00 | 499.00 | 494.00 | 407.00 | 363.00 | 366.00 | 345.00 |
| Operating Profit | 16.00 | 70.00 | 98.00 | 107.00 | 11.00 | 5.00 | 42.00 | 80.00 | 57.00 | 57.00 | 24.00 | 22.00 |
| OPM % | 2.60 | 11.00 | 14.00 | 12.00 | 1.80 | 1.50 | 8.00 | 14.00 | 12.00 | 14.00 | 6.00 | 6.00 |
| Other Income | 11.00 | 17.00 | 35.00 | 6.00 | 20.00 | 20.00 | 6.00 | 6.00 | 4.00 | -4.00 | 0.00 | 6.00 |
| Interest | 4.00 | 4.00 | 4.00 | 5.00 | 6.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 |
| Depreciation | 16.00 | 15.00 | 14.00 | 13.00 | 13.00 | 11.00 | 11.00 | 9.00 | 9.00 | 8.00 | 7.00 | 7.00 |
| Profit before tax | 8.00 | 68.00 | 115.00 | 94.00 | 12.00 | 9.00 | 33.00 | 70.00 | 46.00 | 39.00 | 11.00 | 14.00 |
| Tax % | 17.00 | 25.00 | 24.00 | 22.00 | 17.00 | 7.00 | 2.00 | 33.00 | 32.00 | 35.00 | 21.00 | 29.00 |
| Net Profit | 6.00 | 51.00 | 87.00 | 73.00 | 10.00 | 9.00 | 32.00 | 47.00 | 31.00 | 25.00 | 9.00 | 10.00 |
| EPS in Rs | 4.68 | 36.60 | 63.24 | 53.14 | 7.20 | 6.35 | 23.12 | 33.96 | 22.55 | 18.16 | 6.27 | 7.09 |
| Dividend Payout % | 32.00 | 14.00 | 8.00 | 9.00 | 28.00 | 47.00 | 13.00 | 15.00 | 8.00 | 8.00 | 19.00 | 17.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Reserves | 413.00 | 413.00 | 369.00 | 288.00 | 218.00 | 212.00 | 202.00 | 184.00 | 141.00 | 111.00 | 85.00 | 78.00 |
| Borrowings | 61.00 | 45.00 | 34.00 | 42.00 | 61.00 | 66.00 | 58.00 | 32.00 | 46.00 | 41.00 | 55.00 | 44.00 |
| Other Liabilities | 146.00 | 144.00 | 143.00 | 138.00 | 138.00 | 107.00 | 108.00 | 115.00 | 109.00 | 104.00 | 93.00 | 91.00 |
| Total Liabilities | 634.00 | 615.00 | 560.00 | 482.00 | 431.00 | 398.00 | 382.00 | 345.00 | 310.00 | 270.00 | 247.00 | 226.00 |
| Fixed Assets | 229.00 | 236.00 | 219.00 | 215.00 | 219.00 | 215.00 | 173.00 | 175.00 | 169.00 | 148.00 | 138.00 | 122.00 |
| CWIP | 37.00 | 10.00 | 12.00 | 5.00 | 9.00 | 16.00 | 42.00 | 3.00 | 7.00 | 3.00 | 9.00 | 6.00 |
| Investments | 214.00 | 240.00 | 224.00 | 158.00 | 102.00 | 85.00 | 72.00 | 67.00 | 46.00 | 43.00 | 18.00 | 18.00 |
| Other Assets | 154.00 | 129.00 | 104.00 | 105.00 | 102.00 | 82.00 | 96.00 | 100.00 | 87.00 | 76.00 | 82.00 | 80.00 |
| Total Assets | 634.00 | 615.00 | 560.00 | 482.00 | 431.00 | 398.00 | 382.00 | 345.00 | 310.00 | 270.00 | 247.00 | 226.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 14.00 | 45.00 | 78.00 | 90.00 | 20.00 | 14.00 | 53.00 | 50.00 | 33.00 | 54.00 | 19.00 | 30.00 |
| Cash from Investing Activity | -19.00 | -45.00 | -59.00 | -63.00 | -6.00 | -16.00 | -62.00 | -27.00 | -32.00 | -34.00 | -24.00 | -18.00 |
| Cash from Financing Activity | 5.00 | 0.00 | -19.00 | -28.00 | -14.00 | 1.00 | 9.00 | -23.00 | -2.00 | -21.00 | 5.00 | -11.00 |
| Net Cash Flow | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 |
| Free Cash Flow | -38.00 | -1.00 | 53.00 | 85.00 | 12.00 | -7.00 | 5.00 | 41.00 | -2.00 | 43.00 | -6.00 | 11.00 |
| CFO/OP % | 140.00 | 84.00 | 102.00 | 99.00 | 189.00 | 264.00 | 152.00 | 89.00 | 79.00 | 112.00 | 85.00 | 148.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24.00 | 22.00 | 15.00 | 15.00 | 20.00 | 26.00 | 19.00 | 25.00 | 31.00 | 21.00 | 33.00 | 28.00 |
| Inventory Days | 60.00 | 65.00 | 62.00 | 43.00 | 58.00 | 79.00 | 60.00 | 56.00 | 54.00 | 50.00 | 47.00 | 59.00 |
| Days Payable | 62.00 | 69.00 | 54.00 | 43.00 | 81.00 | 87.00 | 66.00 | 61.00 | 72.00 | 59.00 | 69.00 | 73.00 |
| Cash Conversion Cycle | 23.00 | 19.00 | 24.00 | 16.00 | -2.00 | 17.00 | 13.00 | 21.00 | 13.00 | 12.00 | 11.00 | 15.00 |
| Working Capital Days | -23.00 | -20.00 | -20.00 | -19.00 | -35.00 | -42.00 | -18.00 | -4.00 | -13.00 | -23.00 | -21.00 | -26.00 |
| ROCE % | 2.00 | 16.00 | 31.00 | 31.00 | 6.00 | 5.00 | 15.00 | 35.00 | 29.00 | 33.00 | 12.00 | 14.00 |
Corporate Actions
27 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 05 Aug 2026 | 05 Aug 2026 | — | 1.50 | |
| Dividend | 05 Aug 2025 | 05 Aug 2025 | — | 2.00 | NSE/BSE dividend mismatch: BSE/NSE=3.0; BSE/NSE=2.0 |
| Dividend | 05 Aug 2025 | 05 Aug 2025 | — | 3.00 | NSE/BSE dividend mismatch: BSE/NSE=3.0; BSE/NSE=2.0 |
| Dividend | 29 Jul 2024 | 29 Jul 2024 | — | 2.00 | NSE/BSE dividend mismatch: BSE/NSE=3.0; BSE/NSE=2.0 |
| Dividend | 29 Jul 2024 | 29 Jul 2024 | — | 3.00 | NSE/BSE dividend mismatch: BSE/NSE=3.0; BSE/NSE=2.0 |
| Other | 29 Jul 2024 | — | — | — | Annual General Meeting |
| Dividend | 03 Aug 2023 | — | — | 2.50 | |
| Dividend | 11 Aug 2022 | — | — | 2.00 | |
| Dividend | 23 Aug 2021 | — | — | 3.00 | |
| Other | 22 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 18 Feb 2020 | 21 Feb 2020 | — | 3.00 | |
| Dividend | 05 Jul 2019 | — | — | 3.00 | NSE/BSE dividend mismatch: BSE/NSE=2.0; BSE/NSE=3.0 |
| Dividend | 05 Jul 2019 | — | — | 2.00 | NSE/BSE dividend mismatch: BSE/NSE=2.0; BSE/NSE=3.0 |
| Dividend | 02 Aug 2018 | — | — | 1.80 | |
| Dividend | 30 Aug 2017 | — | — | 1.50 | |
| Dividend | 02 Aug 2016 | — | — | 1.20 | |
| Dividend | 04 Aug 2015 | — | — | 1.20 | |
| Dividend | 05 Aug 2014 | — | — | 1.20 | |
| Dividend | 21 Aug 2013 | — | — | 1.00 | |
| Other | 23 Aug 2012 | — | — | — | Annual General Meeting |
| Other | 23 Aug 2011 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2010 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2009 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2008 | — | — | — | Annual General Meeting |
| Other | 28 Jun 2007 | — | — | — | Agm |
| Other | 23 Jun 2006 | — | — | — | Agm |
| Other | 08 Sep 2005 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update10 Nov 2025 from care
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Rating update5 Nov 2024 from care
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Rating update24 Nov 2023 from care
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Rating update25 Nov 2022 from care
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Rating update22 Jun 2022 from care
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Rating update7 Jan 2022 from care