On 6 Nov 2026, Sharat Industries was priced at ₹140.10, or 32.7× trailing earnings, against an industry P/E of 13.7×, and the shares are 20% below their 52-week high. It earns ROCE of 18% and ROE of 11%, and sales and net profit grew 16% and 35% a year over 3 years. Debt is 0.84× equity. It is a small-cap company with a market cap of ₹549 Cr, ranked 9th of 81 Farm Products companies by market cap; the shares fell 12% over the past year.
- ₹146.89
- ₹146.89
- ₹137.00
- ₹146.02
- 1.4 L
Health check
- ReturnsBehind
−12.0% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 32.7 vs industry 13.7.
- GrowthStrong
Sales +16.2%, profit +34.8% a year over 3 years.
- ProfitabilityAverage
ROCE 18.1% vs peer median 10.6%.
- Balance sheetFair
Debt 0.84× equity, interest covered 3.1×.
- Red flags1 to check
P/E of 32.7 against an industry P/E of 13.7.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹549 Cr
- Small cap
- P/E
- 32.7
- Industry 13.7
- Price to book
- 2.46
- Peers 1.92
- Dividend yield
- 0.00%
- ROE
- 10.9%
- Peers 7.6%
- ROCE
- 18.1%
- Peers 10.6%
- Debt to equity
- 0.84
- Debt ₹130 Cr
- EPS (TTM)
- ₹4.29
- Face value ₹10
- OPM (TTM)
- 7.1%
- Net margin 3.2%
- Sales growth
- +4.4%
- Latest quarter vs a year ago
- Profit growth
- +16.9%
- Latest quarter vs a year ago
- Price to sales
- 1.04
- EV/EBITDA 17.5
Strengths and risks
Risks to check
- P/E of 32.7 against an industry P/E of 13.7.
About Sharat Industries
Sharat Industries Limited engages in shrimp aquaculture activities in India. The company offers raw and cooked white shrimps, cultured marine worms, and vannamei seedlings. It is also involved in the manufacture and sale of shrimp feeds under the VANNASTAR and AQUAASTAR brand names; and frozen shrimp under the Sharat Star brand name. The company also exports its products. In addition, its customers include retailers, importers, and food service partners.…
- Headquarters
- Chennai
- Employees
- 148
- Sector
- Consumer Defensive
- ISIN
- INE220Z01013
- Website
- sharatindustries.com
Price range
- Avg volume (3M)
- 1.7 L
- 1-year return
- minus 12.0%
- From 52-week high
- minus 19.9%
Peers · Farm Products
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AEROPLANEAmir Chand Jagdish Kumar (Exports) | 238.71 | minus 1.56% | 2,472 | 19.9 | 2.49 | 23.2% | 15.9% | 10.5% | 20.6% | 80.7% | 0.00% | plus 32.6% |
| VENKEYSVenky's (India) | 1,587.90 | minus 1.21% | 2,237 | 12.9 | 1.40 | 12.1% | 9.1% | 6.0% | −4.0% | 25.5% | 0.63% | plus 4.5% |
| ANDREWYUAndrew Yule & Company | 23.47 | minus 2.21% | 1,148 | – | 3.55 | −4.7% | −5.8% | −27.2% | −7.7% | – | 0.00% | minus 25.1% |
| PERVASIVEPervasive Commodities | 12.32 | minus 1.44% | 1,110 | – | – | 0.0% | −0.1% | −0.9% | – | – | 0.00% | plus 941.7% |
| APEXApex Frozen Foods | 324.45 | minus 1.14% | 1,014 | 19.7 | 1.92 | 10.6% | 7.6% | 7.7% | −4.5% | 2.7% | 0.77% | plus 39.0% |
| ZEALZeal Global Services | 69.45 | plus 4.99% | 876 | – | – | 33.8% | 14.7% | 4.0% | 22.5% | 26.0% | – | minus 39.9% |
| DBOLDhampur Bio Organics | 127.32 | minus 6.27% | 835 | 25.3 | 0.82 | 7.7% | 2.5% | 6.5% | −4.3% | −39.0% | 1.18% | plus 73.0% |
| SHINDLSharat Industries | 140.10 | minus 4.05% | 549 | 32.7 | 2.46 | – | 7.5% | 7.1% | – | – | 0.00% | minus 12.0% |
| Median of 7 peers | – | −1.44% | 1,110 | 19.8 | 1.92 | 10.6% | 7.6% | 6.0% | −4.2% | 25.5% | 0.32% | 32.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 115 | 150 | 143 | 117 | 120 | |
| 104 | 138 | 133 | 114 | 107 | |
| 11.2 | 11.9 | 9.5 | 3.3 | 13 | |
| 9.8% | 8.0% | 6.7% | 2.8% | 10.8% | |
| 0.2 | 0.3 | 1.7 | 0.8 | −0.1 | |
| 2.8 | 2.8 | 3.2 | 2.9 | 2.8 | |
| 1.2 | 1.2 | 1.2 | 1.2 | 1.3 | |
| 7.4 | 8.2 | 6.7 | 0.2 | 8.9 | |
| 27.8% | 30.3% | 29.1% | 65.0% | 29.1% | |
| 5.4 | 5.7 | 4.7 | 0.1 | 6.3 | |
| 1.39 | 1.46 | 1.21 | 0.02 | 1.60 |
Profit & loss
- Sales CAGR 3Y
- +16.2%
- Profit CAGR 3Y
- +34.8%
- EPS CAGR 3Y
- +24.4%
- ROE
- 10.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 322 | 290 | 365 | 505 | |
| – | minus 9.7% | +25.5% | +38.4% | |
| 299 | 269 | 336 | 468 | |
| 22.9 | 21.5 | 28.9 | 36.9 | |
| 7.1% | 7.4% | 7.9% | 7.3% | |
| 1.6 | 0.2 | 1.8 | 3 | |
| 8.6 | 9.4 | 11.5 | 11.7 | |
| 4.2 | 4.7 | 4.8 | 4.8 | |
| −2.6 | – | −0.4 | −0.9 | |
| 9 | 7.7 | 14 | 22.5 | |
| 28.1% | 23.3% | 29.0% | 29.4% | |
| 6.5 | 5.9 | 10 | 15.9 | |
| – | minus 9.6% | +69.6% | +59.7% | |
| 2.11 | 1.90 | 3.04 | 4.06 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 23.9 | 23.9 | 38 | 39.2 | |
| 54.7 | 60 | 98.7 | 115 | |
| 93.5 | 99.7 | 116 | 129 | |
| 25.6 | 20.2 | 26.7 | 32.6 | |
| 198 | 204 | 279 | 316 | |
| 50.7 | 47.8 | 45.4 | 46.8 | |
| 5.5 | 5.6 | 5.9 | 8.2 | |
| 13.2 | 3.7 | 22.7 | 19.5 | |
| 128 | 147 | 205 | 241 | |
| 198 | 204 | 279 | 316 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.3 | −1.7 | −25.7 | 1.5 | |
| −6.4 | −1.7 | −2.1 | −9 | |
| −7 | −3.9 | 47.8 | 2.9 | |
| 3.9 | −7.2 | 20 | −4.7 | |
| −7.7 | −1.8 | −2.4 | −7.2 | |
| 9.6 | −3.5 | −28.1 | −5.7 | |
| – | −0.6 | – | −0.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.