SHIVAGR share price, P/E, ROE & financials

On 6 Nov 2026, Shivagrico Implements was priced at ₹20.10, or 22.6× trailing earnings, against an industry P/E of 22.6×, and the shares are 44% below their 52-week high. It earns ROCE of 15% and ROE of 4.8%, and sales and net profit grew 4.6% and 56% a year over 3 years. Debt is 2.12× equity. It is a small-cap company with a market cap of ₹10 Cr, ranked 31st of 31 Tools & Accessories companies by market cap; the shares fell 27% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹20.75
Day high: ₹20.75
Day low: ₹19.28
Prev. close: ₹20.29
Volume: 771

Health check

2 fair · 4 to check

ReturnsBehind
−27.0% over a year, better than 1 of 7 peers.
Price tagIn line
P/E 22.6 vs industry 22.6.
GrowthSteady
Sales +4.6%, profit +56.2% a year over 3 years.
ProfitabilityWeak
ROCE 14.9% vs peer median 25.1%.
Balance sheetStretched
Debt 2.12× equity, interest covered 1.7×, Piotroski 6 of 9.
Red flags4 to check
Return on equity is low at 4.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Tools & Accessories

30 listed peers. Screen the industry

Small cap

₹10 Cr, #31 of 31 in its industry by size.

Defensive

Beta 0.29 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹47 Cr · profit ₹0 Cr

Market cap: ₹10 Cr; Small cap
P/E: 22.6; Industry 22.6
Price to book: 1.22; Peers 7.34
Dividend yield: 0.00%
ROE: 4.8%; Peers 15.4%
ROCE: 14.9%; Peers 25.1%
Debt to equity: 2.12; Debt ₹18 Cr
EPS (TTM): ₹0.89
OPM (TTM): 7.1%; Net margin 0.9%
Sales growth: −0.7%; Latest quarter vs a year ago
Profit growth: +20200.0%; Latest quarter vs a year ago
Price to sales: 0.21; EV/EBITDA 8.9

Strengths

Quarterly profit up 20200.0% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 4.8%.
Debt is 2.12× equity.
Quarterly sales down 0.7% on a year ago.
44% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Shivagrico Implements

Shivagrico Implements Limited engages in the rolling and forging of agricultural implements and other products in India and internationally. The company provides pickaxes and mattocks, hoes, hammers and mauls, and crowbars and chisels; rolled profiles, such as hexagonal, octa, round, square, and rectangular flat bars, as well as angles, half round, bulb, and taper flats; and forging and other products. It also undertakes turnkey projects. The company…

Headquarters: Mumbai
Employees: 247
Sector: Industrials
ISIN: INE092H01014
Website: shivagrico.com

Price range

52 weeks

₹17.82₹35.99

Today

₹19.28₹20.75

Avg volume (3M): 850
1-year return: minus 27.0%
From 52-week high: minus 44.2%

Peers · Tools & Accessories

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
TIMKENTimken India	3,057.80	minus 2.14%	23,000	50.7	35.4	18.5%	18.5%	0.00	7.5%	plus 2.4%
CARBORUNIVCarborundum Universal	1,041.30	minus 3.99%	19,838	134.0	32.9	7.1%	8.4%	0.12	3.8%	plus 21.1%
SKFINDUSSKF India (Industrial)	2,343.60	minus 2.47%	11,586	49.4	–	–	10.3%	0.00	–	minus 13.0%
KENNAMETKennametal India	3,585.60	minus 5.65%	7,881	40.2	26.1	31.2%	23.9%	0.00	11.4%	plus 44.8%
ESABINDIAEsab India	5,004.00	minus 2.18%	7,703	34.7	28.1	60.8%	18.4%	0.01	11.4%	plus 4.8%
SKFINDIASKF India	1,425.60	plus 0.37%	7,048	45.3	14.4	31.7%	11.1%	0.00	−4.9%	minus 33.0%
TIILTechnocraft Industries (India)	2,726.40	minus 1.58%	6,182	18.2	13.7	19.1%	18.5%	0.40	12.2%	plus 14.3%
SHIVAGRShivagrico Implements	20.10	minus 0.94%	10	22.6	9.1	14.9%	7.1%	2.12	4.6%	minus 27.0%
Median of 7 peers	–	−2.18%	7,881	45.3	27.1	25.1%	18.4%	0.00	9.4%	4.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
11.7	11.1	12.4	12	11.6
11	10.3	11.6	11	10.8
0.7	0.8	0.8	1	0.8
6.4%	7.4%	6.1%	8.0%	6.9%
0	0	0	0	0
0.3	0.3	0.3	0.2	0.3
0.4	0.4	0.3	0.5	0.5
0.1	0.2	0.2	0.2	0.1
99.5%	32.9%	46.3%	39.3%	20.6%
0	0.1	0.1	0.1	0.1
–	0.28	0.21	0.28	0.12

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +4.6%
Profit CAGR 3Y: +56.2%
EPS CAGR 3Y: +56.7%
ROE: 4.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
38.7	40.4	40.9	44.4
–	+4.4%	+1.2%	+8.4%
36.5	38.1	38	41.3
2.2	2.3	2.9	3
5.7%	5.7%	7.1%	6.8%
0.2	0.3	0.2	0.2
1	1.1	1.2	1
1.4	1.4	1.6	1.6
0.1	0	0.2	–
0.2	0.2	0.4	0.7
32.7%	56.5%	3.1%	44.3%
0.1	0.1	0.4	0.4
–	minus 30.3%	+435.6%	+2.2%
0.20	0.14	0.75	0.77

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
5	5	5	5
2.3	2.4	2.9	3.3
17	19.2	15.8	17.6
3.8	2.1	2.3	2.4
28.1	28.7	26	28.2
10	11.1	10.2	10.7
0.9	0.1	0.2	1.4
0	0	0	0
2	1.5	0.1	0
15.2	16	15.5	16.1
28.1	28.7	26	28.2

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
5.2	0.8	3.8	1.2
−1.7	−2.5	−0.7	−2
−2.4	1.1	−4.6	0.7
1	−0.5	−1.4	−0.1
−2	−2.5	−0.9	−2.2
3.2	−1.6	3	−0.9

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you