Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹4.44 (vs ₹3.42 in FY 2025) Full year 2026 results: EPS: ₹4.44 (up from ₹3.42 in FY 2025). Revenue: ₹2.47b (up 7.9% from FY 2025). Net income: ₹40.0m (up 30% from FY 2025). Profit margin: 1.6% (up from 1.3% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Annonce • May 02
Shetron Limited Recommends Dividend for the Financial Year 2025-26 The board of directors of Shetron Limited meeting held on May 2, 2026, recommended a dividend of INR 1.00 (10%) per Share of INR 10 each for the financial year 2025-26. Annonce • Apr 29
Shetron Limited to Report Q4, 2026 Results on May 02, 2026 Shetron Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 02, 2026 New Risk • Mar 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹857.6m (US$9.31m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹857.6m market cap, or US$9.31m). Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹95.25, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 16x in the Packaging industry in India. Total returns to shareholders of 61% over the past three years. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹0.41 (vs ₹0.22 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.41 (up from ₹0.22 in 3Q 2025). Revenue: ₹559.8m (up 7.9% from 3Q 2025). Net income: ₹3.70m (up 85% from 3Q 2025). Profit margin: 0.7% (up from 0.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹124, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 15x in the Packaging industry in India. Total returns to shareholders of 94% over the past three years. Annonce • Jan 31
Shetron Limited to Report Q3, 2026 Results on Feb 07, 2026 Shetron Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 07, 2026 Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹133, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 16x in the Packaging industry in India. Total returns to shareholders of 98% over the past three years. New Risk • Dec 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (₹1.17b market cap, or US$13.1m). Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: ₹1.17 (vs ₹1.22 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.17 (down from ₹1.22 in 2Q 2025). Revenue: ₹606.3m (up 4.4% from 2Q 2025). Net income: ₹10.5m (down 4.5% from 2Q 2025). Profit margin: 1.7% (down from 1.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Annonce • Oct 31
Shetron Limited to Report Q2, 2026 Results on Nov 07, 2025 Shetron Limited announced that they will report Q2, 2026 results on Nov 07, 2025 Annonce • Sep 05
Shetron Limited Approves Dividend for the Financial Year 2024-25 Shetron Limited in its AGM held on 5 September, 2025 approved a Dividend of INR 1.00 (10%) per Equity Share of INR 10/- for the financial year 2024-25. Declared Dividend • Aug 15
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 29th August 2025 Payment date: 5th October 2025 Dividend yield will be 0.7%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 123% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Aug 13
Shetron Limited, Annual General Meeting, Sep 05, 2025 Shetron Limited, Annual General Meeting, Sep 05, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: ₹1.80 (vs ₹1.70 in 1Q 2025) First quarter 2026 results: EPS: ₹1.80 (up from ₹1.70 in 1Q 2025). Revenue: ₹691.5m (up 6.6% from 1Q 2025). Net income: ₹16.2m (up 5.9% from 1Q 2025). Profit margin: 2.3% (down from 2.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Annonce • Jul 30
Shetron Limited to Report Q1, 2026 Results on Aug 06, 2025 Shetron Limited announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • May 14
Full year 2025 earnings released: EPS: ₹3.42 (vs ₹7.26 in FY 2024) Full year 2025 results: EPS: ₹3.42 (down from ₹7.26 in FY 2024). Revenue: ₹2.30b (down 4.5% from FY 2024). Net income: ₹30.8m (down 53% from FY 2024). Profit margin: 1.3% (down from 2.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Annonce • May 03
Shetron Limited to Report Q4, 2025 Results on May 09, 2025 Shetron Limited announced that they will report Q4, 2025 results on May 09, 2025 Buy Or Sell Opportunity • Mar 10
Now 22% overvalued Over the last 90 days, the stock has fallen 18% to ₹143. The fair value is estimated to be ₹117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹116, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 19x in the Packaging industry in India. Total returns to shareholders of 199% over the past three years. Buy Or Sell Opportunity • Feb 19
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 2.1% to ₹151. The fair value is estimated to be ₹114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹132, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 21x in the Packaging industry in India. Total returns to shareholders of 238% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹0.22 (vs ₹1.96 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.22 (down from ₹1.96 in 3Q 2024). Revenue: ₹518.9m (up 3.5% from 3Q 2024). Net income: ₹2.00m (down 89% from 3Q 2024). Profit margin: 0.4% (down from 3.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 03
Shetron Limited to Report Q3, 2025 Results on Feb 11, 2025 Shetron Limited announced that they will report Q3, 2025 results on Feb 11, 2025 New Risk • Jan 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks High level of debt (84% net debt to equity). Market cap is less than US$100m (₹1.72b market cap, or US$20.0m). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹170, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 25x in the Packaging industry in India. Total returns to shareholders of 454% over the past three years. Annonce • Oct 21
Shetron Limited to Report Q2, 2025 Results on Oct 29, 2024 Shetron Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹143, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 26x in the Packaging industry in India. Total returns to shareholders of 349% over the past three years. Annonce • Sep 13
Shetron Limited Approves Dividend for the Financial Year 2023-24, Payable on October 11, 2024 Shetron Limited at its AGM held on September 12, 2024 approved Declaration of Dividend of INR 1.00 (10%) per Equity Share of INR 10 for the financial year 2023-24. The proposed date of payment of Final Dividend to the Shareholders is 11th October, 2024. Upcoming Dividend • Aug 29
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 12 October 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.0%). In line with average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹143, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 26x in the Packaging industry in India. Total returns to shareholders of 405% over the past three years. Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: ₹1.70 (vs ₹2.24 in 1Q 2024) First quarter 2025 results: EPS: ₹1.70 (down from ₹2.24 in 1Q 2024). Revenue: ₹648.9m (down 18% from 1Q 2024). Net income: ₹15.3m (down 24% from 1Q 2024). Profit margin: 2.4% (down from 2.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 06
Shetron Limited Announces Appointment of S. Sethuraman as Additional Director Shetron Limited announced board meeting held on August 6, 2024, approved the appointment of Mr. S. Sethuraman as an Additional Director in the category of Independent Director of the Company with effect from 6th August, 2024. Mr. S Sethuraman shall hold the office as an Additional Director until the next General Meeting or for a period of 3 months from the date of appointment, whichever is earlier. Mr. S Sethuraman is a Mechanical Engineer from NIT Trichy (1984). He has completed his PG Diploma in Management from IIM, Bangalore (1990) and has more than 35 years of rich & significant professional experience. Beginning his working career in Hindustan Petroleum Corporation Ltd., he had a stint at the Strategic Planning function of the Reliance Industries. Moved to Garware Polyester Limited, Mumbai and set up their American subsidiary during 1997-2000. Subsequently, he worked with the Duncan-Goenka, Shetron and TMI Groups handling Corporate finance, Business Head and Business Development assignments. Immediately before joining Sasmos Group, he was Executive VP Corporate Finance and Business Development with Rane Group of companies in Chennai. Joined the Sasmos Group in 2015, and later headed the Finance for SASMOS, Fokker Elmo SASMOS and SASMOS Fiber Optics companies till his retirement in 2022. Over the course of his career, he has handled various projects - small and large - in HPCL, Garware Polyester and has also successfully established and turned around companies in India and abroad. He has experience in setting-up businesses in India, USA and Europe over these past decades and interacted extensively with the large global consulting firms, investment banks, financial institutions, fund managers, leading consulting
companies and credit rating agencies. Annonce • Jul 30
Shetron Limited to Report Q1, 2025 Results on Aug 06, 2024 Shetron Limited announced that they will report Q1, 2025 results on Aug 06, 2024 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹144, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 29x in the Packaging industry in India. Total returns to shareholders of 323% over the past three years. Board Change • Jun 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mita Dixit was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 19
Full year 2024 earnings released: EPS: ₹7.26 (vs ₹6.67 in FY 2023) Full year 2024 results: EPS: ₹7.26 (up from ₹6.67 in FY 2023). Revenue: ₹2.41b (down 1.8% from FY 2023). Net income: ₹65.3m (up 5.3% from FY 2023). Profit margin: 2.7% (up from 2.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 18
Shetron Limited Recommends Dividend for the Financial Year 2023-24 Shetron Limited recommended Dividend of INR 1 per share of INR 10 each for the financial year 2023-24. Annonce • May 12
Shetron Limited to Report Q4, 2024 Results on May 17, 2024 Shetron Limited announced that they will report Q4, 2024 results on May 17, 2024 Buy Or Sell Opportunity • Apr 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to ₹123. The fair value is estimated to be ₹103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹119, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 22x in the Packaging industry in India. Total returns to shareholders of 570% over the past three years. Buy Or Sell Opportunity • Feb 22
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to ₹142. The fair value is estimated to be ₹107, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to ₹128. The fair value is estimated to be ₹105, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹1.96 (vs ₹1.60 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.96 (up from ₹1.60 in 3Q 2023). Revenue: ₹501.5m (down 7.8% from 3Q 2023). Net income: ₹17.6m (up 22% from 3Q 2023). Profit margin: 3.5% (up from 2.6% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 01
Shetron Limited to Report Q3, 2024 Results on Feb 07, 2024 Shetron Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Annonce • Jan 25
Shetron Limited Announces Appointment of Mrs. Jyoti Kumari as Company Secretary and Compliance Officer Shetron Limited announced the appointment of Mrs. Jyoti Kumari as Company Secretary and Compliance Officer. Effective from January 25, 2024. Mrs. Jyoti Kumari, aged about 37 years is a qualified Company Secretary and has an overall experience of 7 years in Secretarial matters and Corporate Compliance. She is graduated in B. A and is an Associate Member of The Institute of Company Secretaries of India holding Membership Number 37403. Buy Or Sell Opportunity • Jan 24
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to ₹121. The fair value is estimated to be ₹95.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹125, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 22x in the Packaging industry in India. Total returns to shareholders of 470% over the past three years. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: ₹1.81 (vs ₹1.90 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.81 (down from ₹1.90 in 2Q 2023). Revenue: ₹597.5m (up 2.0% from 2Q 2023). Net income: ₹16.3m (down 4.7% from 2Q 2023). Profit margin: 2.7% (down from 2.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year whereas the company’s share price has increased by 78% per year. Annonce • Oct 24
Shetron Limited to Report Q2, 2024 Results on Oct 30, 2023 Shetron Limited announced that they will report Q2, 2024 results on Oct 30, 2023 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹108, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 25x in the Packaging industry in India. Total returns to shareholders of 536% over the past three years. Annonce • Sep 28
Shetron Limited Announces the Resignation of Shipra Saha as Company Secretary and Compliance Officer, Effective October 28, 2023 Shetron Limited announced that Ms. Shipra Saha has signified her intention to resign from the Offices of Company Secretary and Compliance Officer of the Company with effect from closure of business hours of 28 October, 2023 due to personal reasons. Annonce • Aug 10
Shetron Limited Recommends Confirmation Interim Dividend and Declaration of Final Dividend for the Financial Year 2022-23 Shetron Limited at its AGM held on August 8, 2023, recommended Confirmation Interim Dividend of Re. 0.50 (5%) and declaration of Final Dividend of INR 0.50 (5%) per Equity Share of INR 10/- for the financial year 2022-23. Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: ₹2.24 (vs ₹1.90 in 1Q 2023) First quarter 2024 results: EPS: ₹2.24 (up from ₹1.90 in 1Q 2023). Revenue: ₹789.6m (up 2.5% from 1Q 2023). Net income: ₹20.2m (up 15% from 1Q 2023). Profit margin: 2.6% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹87.54, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 20x in the Packaging industry in India. Total returns to shareholders of 422% over the past three years. Annonce • Jul 29
Shetron Limited to Report Q1, 2024 Results on Aug 04, 2023 Shetron Limited announced that they will report Q1, 2024 results on Aug 04, 2023 Upcoming Dividend • Jul 25
Upcoming dividend of ₹0.50 per share at 1.4% yield Eligible shareholders must have bought the stock before 01 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.0%). Annonce • Jun 27
Shetron Limited, Annual General Meeting, Aug 08, 2023 Shetron Limited, Annual General Meeting, Aug 08, 2023, at 11:00 Indian Standard Time. Board Change • May 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Bhagya Rao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • May 09
Shetron Limited Announces the Resignation of Dr. Jyoti Gopalkrishna Baliga from the Office of Independent Director, Effective May 15, 2023 Shetron Limited announced the resignation of Dr. Jyoti Gopalkrishna Baliga, from the Office of Independent Director on 7 May 2023 effective closing of business hours of 15 May, 2023 due to her failing health. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹70.34, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 17x in the Packaging industry in India. Total returns to shareholders of 330% over the past three years. Annonce • Jan 28
Shetron Limited to Report Q3, 2023 Results on Feb 04, 2023 Shetron Limited announced that they will report Q3, 2023 results on Feb 04, 2023 Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹60.75, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 14x in the Packaging industry in India. Total returns to shareholders of 210% over the past three years. Annonce • Nov 03
Shetron Limited to Report Q2, 2023 Results on Nov 09, 2022 Shetron Limited announced that they will report Q2, 2023 results on Nov 09, 2022 Annonce • Sep 17
Shetron Limited Announces Babugowda Sanganagowda Patil Ceased to Be Independent Director Shetron Limited announced that Mr. Babugowda Sanganagowda Patil (DIN- 00061959) having completed the term as Independent Director of the Company, has ceased to be Independent Director of the Company from the closure of business hours of 16` September, 2022. Automatically ceased to be a member of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee with effect from 16 September 2022. Reason for change is End of second tenure as an independent director with effect from closure of business hours on September 16, 2022. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 32% share price gain to ₹86.50, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 16x in the Packaging industry in India. Total returns to shareholders of 337% over the past three years. Recent Insider Transactions • Sep 12
Insider recently sold ₹1.8m worth of stock On the 8th of September, Daksharaj Shetty sold around 28k shares on-market at roughly ₹65.00 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 32% share price gain to ₹71.40, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 14x in the Packaging industry in India. Total returns to shareholders of 259% over the past three years. Annonce • Aug 18
Shetron Limited Announces Board Appointments Shetron Limited announced the appointment of Mr. Bhagyachandra Rao and Harish Hassan Visweswara as a Director in the Category of Independent Director of the Company. Upcoming Dividend • Jul 27
Inaugural dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 03 August 2022. Payment date: 21 August 2022. This is the first dividend for Shetron since going public. The average dividend yield among industry peers is 1.3%. Reported Earnings • Jul 26
Full year 2022 earnings released: EPS: ₹5.47 (vs ₹2.42 loss in FY 2021) Full year 2022 results: EPS: ₹5.47 (up from ₹2.42 loss in FY 2021). Revenue: ₹2.27b (up 32% from FY 2021). Net income: ₹51.2m (up ₹71.0m from FY 2021). Profit margin: 2.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 40% per year. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improved over the past week After last week's 18% share price gain to ₹55.70, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 14x in the Packaging industry in India. Total returns to shareholders of 162% over the past three years. Annonce • Jul 21
Shetron Limited Announces Resignation of Jagruti Mursenia as Company Secretary and Compliance Officer, Effective July 31, 2022 Shetron Limited announced that Mrs. Jagruti Mursenia has signified her intention to resign from the Offices of Company Secretary and Compliance Officer of the Company with effect from closure of business hours of 31 July, 2022. Annonce • Jul 12
Shetron Limited, Annual General Meeting, Aug 16, 2022 Shetron Limited, Annual General Meeting, Aug 16, 2022, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 18% share price gain to ₹42.95, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 14x in the Packaging industry in India. Total returns to shareholders of 86% over the past three years. Annonce • May 31
Shetron Limited Announces Cessation of Mohan Narayan Menon as Independent Director Shetron Limited announced that Mr. Mohan Narayan Menon having completed the second term as Independent Director of the Company, has ceased to be Independent Director of the Company from the closure of business hours of 29 May, 2022. Automatically ceased to be a member of the Audit Committee and Nomination and Remuneration Committee Meeting with effect from closure of business hours on 29 May, 2022. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹5.47 (vs ₹2.42 loss in FY 2021) Full year 2022 results: EPS: ₹5.47 (up from ₹2.42 loss in FY 2021). Revenue: ₹506.1m (down 71% from FY 2021). Net income: ₹11.6m (up ₹31.4m from FY 2021). Profit margin: 2.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annonce • May 26
Shetron Limited Announces Board Changes Shetron Limited approved the appointments of Mr. Bhagyachandra Rao (DIN: 00211127) and Mr. Harish Hassan Visweswara (DIN: 08742808) as Additional Directors in the category of Independent Director of the Company based on the recommendation of Nomination and Remuneration Committee. Annonce • May 19
Shetron Limited to Report Q4, 2022 Results on May 25, 2022 Shetron Limited announced that they will report Q4, 2022 results on May 25, 2022 Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹42.20, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 13x in the Packaging industry in India. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₹51.50, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 15x in the Packaging industry in India. Total returns to shareholders of 67% over the past three years. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.77 (up from ₹0.81 loss in 3Q 2021). Revenue: ₹547.9m (up 24% from 3Q 2021). Net income: ₹16.4m (up ₹22.9m from 3Q 2021). Profit margin: 3.0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 22% share price gain to ₹51.70, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 17x in the Packaging industry in India. Total returns to shareholders of 30% over the past three years. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS ₹1.37 (vs ₹1.60 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹529.6m (up 23% from 2Q 2021). Net income: ₹12.8m (up ₹26.8m from 2Q 2021). Profit margin: 2.4% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS ₹1.10 (vs ₹0.40 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹690.9m (up 63% from 1Q 2021). Net income: ₹10.4m (up ₹13.6m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 25
Independent Non-Executive Director P. Shastri has left the company On the 17th of July, P. Shastri's tenure as Independent Non-Executive Director ended after 6.5 years in the role. We don't have any record of a personal shareholding under Shastri's name. Shastri is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.46 years. Executive Departure • Jul 25
Independent Non-Executive Director P. Shastri has left the company On the 17th of July, P. Shastri's tenure as Independent Non-Executive Director ended after 6.5 years in the role. We don't have any record of a personal shareholding under Shastri's name. Shastri is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.46 years. Reported Earnings • Jun 12
Full year 2021 earnings released: ₹2.42 loss per share (vs ₹0.76 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: ₹1.72b (up 5.0% from FY 2020). Net loss: ₹19.8m (down 325% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 22
New 90-day low: ₹17.45 The company is down 3.0% from its price of ₹18.00 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 4.0% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: ₹0.81 loss per share (vs ₹0.17 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₹441.8m (up 16% from 3Q 2020). Net loss: ₹6.50m (down 396% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Annonce • Jan 22
Shetron Limited to Report Q3, 2021 Results on Feb 05, 2021 Shetron Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 30
New 90-day high: ₹22.45 The company is up 31% from its price of ₹17.20 on 30 September 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: ₹20.10 The company is up 8.0% from its price of ₹18.55 on 10 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ₹19.80 The company is up 13% from its price of ₹17.60 on 18 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is down 1.0% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: ₹1.60 loss per share The company reported a soft second quarter result with weaker earnings and control over expenses, although revenues were improved. Second quarter 2021 results: Revenue: ₹429.1m (up 11% from 2Q 2020). Net loss: ₹14.0m (down ₹15.9m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.