Sahyadri Industries (SAHYADRI) had a P/E of 7.9× on 6 Nov 2026, below the industry P/E of 24.8×, and the shares are 21% below their 52-week high. Sales grew 4.7% a year over 3 years while net profit fell 7.9%, with ROCE of 10% and ROE of 13%. It carries very little debt, and its dividend yield is 1.2%. It is a small-cap company with a market cap of ₹356 Cr, ranked 28th of 64 Building Products & Equipment companies by market cap; the shares rose 28% over the past year.
- ₹328.90
- ₹338.80
- ₹316.50
- ₹332.15
- 3.5K
Health check
- ReturnsAhead
+28.2% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 7.9 vs industry 24.8.
- GrowthSlow
Sales +4.7%, profit −7.9% a year over 3 years.
- ProfitabilityWeak
ROCE 10.2% vs peer median 20.7%.
- Balance sheetSolid
Practically debt-free.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹356 Cr
- Small cap
- P/E
- 7.9
- Industry 24.8
- Price to book
- 0.81
- Peers 7.95
- Dividend yield
- 1.23%
- ROE
- 13.1%
- Peers 18.7%
- ROCE
- 10.2%
- Peers 20.7%
- Debt to equity
- 0.04
- Debt ₹15 Cr
- EPS (TTM)
- ₹40.88
- Face value ₹10
- OPM (TTM)
- 11.1%
- Net margin 7.3%
- Sales growth
- +20.6%
- Latest quarter vs a year ago
- Profit growth
- +146.2%
- Latest quarter vs a year ago
- Price to sales
- 0.48
- EV/EBITDA 3.3
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 146.2% on a year ago.
- Quarterly sales up 20.6% on a year ago.
- P/E of 7.9 against an industry P/E of 24.8.
- Positive operating cash flow in each of the last 4 years.
About Sahyadri Industries
Sahyadri Industries Limited engages in the production and sale of cement sheets and accessories, trading of steel doors, and generation of wind power electricity in India and internationally. It operates in Building Material and Power Generation segments. The Building Material segment manufactures and trades in asbestos sheets, flat sheets, non-asbestos flat sheets, accessories for roofing products, doors, and other building materials. Its Power…
- Headquarters
- Pune
- Employees
- 784
- Sector
- Industrials
- ISIN
- INE280H01015
- Website
- silworld.in
Price range
- Avg volume (3M)
- 20.7K
- 1-year return
- plus 28.2%
- From 52-week high
- minus 20.6%
Peers · Building Products & Equipment
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CPPLUSAditya Infotech | 4,131.40 | minus 0.94% | 50,682 | 82.2 | 88.3 | 25.9% | 14.5% | 0.10 | 22.7% | plus 215.4% |
| SUPREMEINDSupreme Industries | 3,156.90 | minus 4.07% | 40,118 | 35.5 | 25.0 | 19.6% | 14.4% | 0.01 | 6.8% | minus 15.4% |
| ASTRALAstral | 1,253.60 | minus 9.68% | 33,678 | 59.3 | 31.1 | 17.6% | 15.5% | 0.08 | 8.4% | minus 5.4% |
| BLUESTARCOBlue Star | 1,575.00 | plus 0.19% | 32,381 | 60.6 | 33.4 | 20.7% | 6.6% | 0.22 | 15.7% | minus 18.0% |
| GRINDWELLGrindwell Norton | 1,919.10 | minus 0.55% | 21,248 | 46.0 | 34.1 | 21.0% | 19.2% | 0.02 | 6.6% | plus 16.8% |
| KAJARIACERKajaria Ceramics | 1,180.70 | minus 2.08% | 18,554 | 31.1 | 21.0 | 21.0% | 19.0% | 0.13 | 3.3% | plus 3.3% |
| FINPIPEFinolex Industries | 141.95 | minus 1.95% | 8,777 | 14.5 | 9.5 | 12.6% | 17.5% | 0.02 | −2.4% | minus 23.1% |
| SAHYADRISahyadri Industries | 324.85 | minus 2.20% | 356 | 7.9 | – | – | 11.1% | 0.04 | – | plus 28.2% |
| Median of 7 peers | – | −1.95% | 32,381 | 46.0 | 31.1 | 20.7% | 15.5% | 0.08 | 6.8% | −5.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 214 | 124 | 144 | 194 | 258 | |
| 194 | 115 | 131 | 175 | 219 | |
| 20.2 | 8.9 | 13.2 | 18.8 | 39 | |
| 9.4% | 7.2% | 9.1% | 9.7% | 15.1% | |
| 1.5 | 1.4 | 1.2 | 2 | 2.7 | |
| 1.1 | 0.8 | 0.9 | 0.5 | 0.5 | |
| 6.2 | 5.8 | 6.2 | 6.4 | 5.7 | |
| – | – | −0.6 | – | – | |
| 14.5 | 3.7 | 6.7 | 13.9 | 35.5 | |
| 25.7% | 25.8% | 25.6% | 24.2% | 25.3% | |
| 10.8 | 2.7 | 5 | 10.6 | 26.5 | |
| 9.84 | 2.48 | 4.54 | 9.64 | 24.22 |
Profit & loss
- Sales CAGR 3Y
- +4.7%
- Profit CAGR 3Y
- −7.9%
- EPS CAGR 3Y
- −7.9%
- ROE
- 13.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 589 | 632 | 601 | 677 | |
| – | +7.3% | minus 5.0% | +12.7% | |
| 508 | 565 | 546 | 616 | |
| 81 | 66.4 | 54.5 | 61.1 | |
| 13.8% | 10.5% | 9.1% | 9.0% | |
| 2.4 | 3.3 | 2.9 | 5.5 | |
| 9 | 11.3 | 7 | 3.3 | |
| 23.8 | 24 | 24.8 | 24.5 | |
| 1 | 0.9 | 0.7 | −0.1 | |
| 51.6 | 35.3 | 26.2 | 38.7 | |
| 28.1% | 25.3% | 25.7% | 25.1% | |
| 37.1 | 26.4 | 19.5 | 29 | |
| – | minus 28.9% | minus 26.2% | +49.0% | |
| 33.90 | 24.09 | 17.78 | 26.50 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11 | 11 | 11 | 11 | |
| 324 | 349 | 367 | 395 | |
| 124 | 116 | 78.4 | 16.6 | |
| 97 | 83.9 | 86.2 | 109 | |
| 557 | 560 | 543 | 532 | |
| 220 | 233 | 230 | 220 | |
| 50.9 | 52 | 42.9 | 45.8 | |
| 3.7 | 4.4 | 3.8 | 4.3 | |
| 16.2 | 17 | 4.9 | 46.1 | |
| 266 | 253 | 261 | 215 | |
| 557 | 560 | 543 | 532 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 16.7 | 57.8 | 53.9 | 121 | |
| −44.5 | −34 | −10.8 | −50.4 | |
| 29.1 | −21.6 | −45.6 | −66.2 | |
| 1.3 | 2.2 | −2.5 | 4.8 | |
| −47.2 | −42.1 | −19.3 | −14.4 | |
| −30.5 | 15.8 | 34.6 | 107 | |
| −6 | −1.9 | −1.1 | −1.1 |
Shareholding pattern
- Promoters71.12%
- Public28.88%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 71.12% | 28.88% | 0.00 | |
| 30 Jun 2026 | 71.12% | 28.88% | 0.00 | |
| 31 Mar 2026 | 71.12% | 28.88% | 0.00 | |
| 31 Dec 2025 | 71.12% | 28.88% | 0.00 | |
| 30 Sep 2025 | 71.12% | 28.88% | – |
Major shareholders
Filings & events
News
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