Company Overview
Shah Metacorp Limited manufactures and sells stainless steel and mild steel long products in India. It operates in two segments, Stainless Steel Products and Agricultural Products. The company offers stainless steel products, including equal angle bars, bright bars, flat bars, flats, and ingots. It also provides mild steel products, such as mild steel angle bars. The company also exports its products. The company was formerly known as Gyscoal Alloys Limited and changed its name to Shah Metacorp Limited in June 2023. Shah Metacorp Limited was incorporated in 1999 and is headquartered in Ahmedabad, India.
Why Investors Should Care
Net profit has compounded at 94.5% per year over the last five years.
Revenue has grown at a 73.4% CAGR over the past five years.
Trades at a P/E of 7.7, below the sector median of 27.4.
Recent Developments
- Mar 2026 Revenue of ₹207.99 Cr (+18.1% YoY); net profit ₹12.17 Cr.
- Trailing 12 Months Year-on-year growth — revenue +18.1%, earnings -62.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 73.4%, profit CAGR 94.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 73.43% |
| 1 Year: | 18.07% |
Compounded Profit Growth
| 5 Years: | 94.49% |
| 1 Year: | -62.67% |
Stock Price Performance
| 1 Year: | +16.88% |
| 6 Months: | -14.23% |
| 3 Months: | -8.66% |
| 1 Month: | -5.88% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)49.24 · Neutral
P/E of 7.66 is below the sector median of 27.45 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 73.4% over 5 years.
- Profit CAGR of 94.5% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SHAH Shah Metacorp Limited NSEINFRA | 4.64 | 7.66 | ₹413.54 Cr | 0.00% | 3.23% | 3.99% | 73.43% | 94.49% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,659.00 | 56.84 | ₹3.44 L Cr | 0.66% | 11.90% | 10.66% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,244.70 | 86.92 | ₹3.04 L Cr | 0.57% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,675.50 | 59.31 | ₹2.57 L Cr | 1.03% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 187.67 | 21.70 | ₹2.34 L Cr | 2.09% | 11.32% | 10.56% | -1.59% | 7.21% |
| 6 | HINDZINC Hindustan Zinc Limited NSEINFRA | 532.50 | 16.26 | ₹2.25 L Cr | 3.91% | 61.97% | 61.13% | 5.61% | 9.58% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 963.55 | 16.01 | ₹2.17 L Cr | 0.52% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,133.10 | 56.45 | ₹2.13 L Cr | 0.31% | 4.00% | 4.80% | 14.63% | -10.06% |
| 9 | VAML Vedanta Aluminium Metal Limited NSEINFRA | 452.95 | inf | ₹1.77 L Cr | 0.00% | 41.97% | 49.39% | - | -46.32% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20.68 Cr | 16.24 Cr | 21.33 Cr | 12.91 Cr | 46.28 Cr | 46.29 Cr | 48.54 Cr | 39.86 Cr | 41.46 Cr | 28.90 Cr | 66.77 Cr | 50.04 Cr | 62.28 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 36.55 Cr | 23.61 Cr | 58.73 Cr | 43.15 Cr | 47.10 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 4.91 Cr | 5.29 Cr | 8.04 Cr | 6.89 Cr | 15.18 Cr |
| Operating Expenses | 27.31 Cr | 17.02 Cr | 20.74 Cr | 11.44 Cr | 44.10 Cr | 42.84 Cr | 45.80 Cr | 37.55 Cr | 3.31 Cr | 3.18 Cr | 7.45 Cr | 6.83 Cr | 20.34 Cr |
| Operating Income | -7.34 Cr | -1.71 Cr | -33.00 L | 59.00 L | 1.39 Cr | 2.62 Cr | 1.84 Cr | 1.44 Cr | 1.61 Cr | 2.10 Cr | 58.88 L | 5.89 L | -5.16 Cr |
| EBITDA | -6.63 Cr | -78.00 L | 59.00 L | 1.47 Cr | 2.18 Cr | 3.45 Cr | 2.74 Cr | 2.31 Cr | 3.32 Cr | 3.88 Cr | 2.28 Cr | 2.97 Cr | 12.76 Cr |
| Interest Expense | 14.00 L | 0 | 0 | 0 | 0 | 1.00 L | 0 | 3.00 L | 57,000 | 46,000 | 31.58 L | 1.01 Cr | 1.14 Cr |
| Pretax Income | -7.42 Cr | 1.29 Cr | 76.00 L | 80.00 L | 1.56 Cr | 27.46 Cr | 2.49 Cr | 3.12 Cr | 2.29 Cr | 2.81 Cr | 90.64 L | 93.10 L | 10.61 Cr |
| Tax Provision | 1.16 Cr | 3.01 L | 0 | 3.00 L | 8.00 L | 4.12 Cr | 1.99 L | 12.01 L | -1.50 Cr | 31.17 L | 11.33 L | 21.50 L | 2.47 Cr |
| Net Income | -6.25 Cr | 1.25 Cr | 76.00 L | 77.00 L | 1.48 Cr | 23.34 Cr | 2.47 Cr | 3.00 Cr | 3.79 Cr | 2.49 Cr | 2.07 Cr | 68.75 L | 8.29 Cr |
| Diluted EPS | -0.17 | 0.03 | 0.02 | 0.02 | 0.03 | 0.50 | 0.04 | 0.05 | 0.07 | 0.04 | 0.01 | 0.01 | 0.09 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 182.00 Cr | 164.00 Cr | 173.00 Cr | 95.00 Cr | 148.00 Cr | 65.00 Cr | 13.00 Cr | - | 39.87 Cr | 96.75 Cr | 176.16 Cr | 207.99 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 41.38 Cr | 90.32 Cr | 156.04 Cr | 172.60 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | -1.51 Cr | 6.43 Cr | 20.12 Cr | 35.39 Cr |
| Operating Expenses | 166.00 Cr | 162.00 Cr | 161.00 Cr | 98.00 Cr | 157.00 Cr | 78.00 Cr | 94.00 Cr | - | 5.42 Cr | 6.36 Cr | 12.57 Cr | 37.80 Cr |
| Operating Income | 9.00 Cr | -9.00 Cr | 3.00 Cr | -11.00 Cr | -16.00 Cr | -19.00 Cr | -87.00 Cr | - | -6.93 Cr | 6.65 L | 7.55 Cr | -2.41 Cr |
| EBITDA | 15.00 Cr | 2.00 Cr | 12.00 Cr | -3.00 Cr | -9.00 Cr | -13.00 Cr | -82.00 Cr | - | 2.96 Cr | 7.94 Cr | 39.02 Cr | 21.89 Cr |
| Interest Expense | 11.00 Cr | 12.00 Cr | 12.00 Cr | 10.00 Cr | 7.00 Cr | 6.00 Cr | 6.00 Cr | - | 32.37 L | 73,000 | 3.98 L | 2.46 Cr |
| Pretax Income | 1.00 Cr | -15.00 Cr | -9.00 Cr | -21.00 Cr | -22.00 Cr | -16.00 Cr | -92.00 Cr | - | -28.76 L | 4.40 Cr | 35.35 Cr | 15.25 Cr |
| Tax Provision | 1.03 Cr | 1.95 Cr | 3.15 Cr | 2.94 Cr | 1.32 Cr | 2.08 Cr | 17.48 Cr | - | -1.94 Cr | 14.16 L | 2.75 Cr | 3.12 Cr |
| Net Income | -0 | -13.00 Cr | -6.00 Cr | -18.00 Cr | -20.00 Cr | -14.00 Cr | -74.00 Cr | - | 1.65 Cr | 4.26 Cr | 32.60 Cr | 12.17 Cr |
| Diluted EPS | 0.00 | -0.36 | -0.16 | -0.48 | -0.55 | -0.37 | -2.01 | -0.29 | 0.13 | 0.11 | 0.61 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 247.00 Cr | 242.00 Cr | 252.00 Cr | 229.00 Cr | 198.00 Cr | 184.00 Cr | 115.00 Cr | - | 120.46 Cr | 138.07 Cr | 198.14 Cr | 565.66 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 71.24 Cr | 91.79 Cr | 148.92 Cr | 370.40 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 28.64 Cr | 33.90 L | 22.27 L | 2.27 Cr |
| Inventory | - | - | - | - | - | - | - | - | 7.82 Cr | 12.72 Cr | 8.31 Cr | 27.67 Cr |
| Receivables | - | - | - | - | - | - | - | - | 25.32 Cr | 59.90 Cr | 131.33 Cr | 118.42 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 102.79 Cr | 80.65 Cr | 32.75 Cr | 257.27 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 40.15 Cr | 43.98 Cr | 14.84 Cr | 17.99 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 62.47 Cr | 36.54 Cr | 17.75 Cr | 239.08 Cr |
| Total Debt | 86.00 Cr | 96.00 Cr | 101.00 Cr | 82.00 Cr | 74.00 Cr | 76.00 Cr | 93.00 Cr | - | 67.48 Cr | 36.54 Cr | 17.75 Cr | 239.08 Cr |
| Total Equity | 93.00 Cr | 80.00 Cr | 76.00 Cr | 58.00 Cr | 38.00 Cr | 24.00 Cr | -50.00 Cr | - | 17.67 Cr | 57.42 Cr | 165.39 Cr | 305.19 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 33.46 Cr | 42.22 Cr | 59.79 Cr | 89.13 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -7.00 Cr | -3.00 Cr | 4.00 Cr | 20.00 Cr | 8.00 Cr | 4.00 Cr | -11.00 Cr | - | -33.60 L | -32.40 Cr | -46.84 Cr | -57.74 Cr |
| Investing Cash Flow | 5.00 Cr | 4.00 Cr | -2.00 Cr | -2.00 Cr | 1.00 Cr | 0 | 0 | - | -6.63 Cr | -32.29 L | -9.86 Cr | -219.50 Cr |
| Financing Cash Flow | -3.00 Cr | -1.00 Cr | -1.00 Cr | -19.00 Cr | -9.00 Cr | -4.00 Cr | 11.00 Cr | - | 35.28 Cr | 4.42 Cr | 56.59 Cr | 279.29 Cr |
| Capital Expenditure | -22.00 Cr | -6.00 Cr | -3.00 Cr | -2.00 Cr | 1.00 Cr | 0 | 0 | - | -6.71 Cr | -42.96 L | -9.95 Cr | -2.20 Cr |
| Free Cash Flow | -29.00 Cr | -9.00 Cr | 1.00 Cr | 18.00 Cr | 9.00 Cr | 4.00 Cr | -11.00 Cr | - | -7.05 Cr | -32.83 Cr | -56.79 Cr | -59.94 Cr |
| Net Change in Cash | -6.00 Cr | -1.00 Cr | 1.00 Cr | -0 | -0 | 0 | -0 | - | 28.31 Cr | -28.30 Cr | -11.63 L | 2.05 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | -3.8% | 6.6% | 11.4% | 17.0% |
| Operating Margin % | 4.9% | -5.5% | 1.7% | -11.6% | -10.8% | -29.2% | -669.2% | - | -17.4% | 0.1% | 4.3% | -1.2% |
| Net Margin % | -0.0% | -7.9% | -3.5% | -18.9% | -13.5% | -21.5% | -569.2% | - | 4.1% | 4.4% | 18.5% | 5.8% |
| ROE % | -0.0% | -16.2% | -7.9% | -31.0% | -52.6% | -58.3% | 148.0% | - | 9.4% | 7.4% | 19.7% | 4.0% |
| ROCE % | - | - | - | - | - | - | - | - | -8.6% | 0.1% | 4.1% | -0.4% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SHAH
Shah Capital Responds to Significant Shareholder Dissent at Novavax AGM - Yahoo Finance
<a href="https://news.google.com/rss/articles/CBMirwFBVV95cUxPNUJIbHNKRVBGcVJFd3BtMjBDeTB4XzBlQmF5TW9NWGZsTFJPLXVVOG5GM3AzTFlBYmlfY3BQZmoyZkJGaHRxSEsxWENBd1hpazNLcHpJWWw5ZFNfNjZPbTF1bzZDQ2NKQy01b3F1a1RNZHE2ZUVpN1pVckFRQTAwMDRmMi1pZ3kyUWl2SF…
Shah Gilani weighs in on SpaceX stock and market speculation - Fox Business
<a href="https://news.google.com/rss/articles/CBMiW0FVX3lxTE5PZnA2aTlPRjFqLTVKaWRyS2dBVk1wYjM2eXNDbjhOUjZaSVhWaDVPeEpITlczblFUSGlNME5aOGVDeG00TTdkUXB6MWpMV3BGRmpaWmhzT0oyU0k?oc=5" target="_blank">Shah Gilani weighs in on SpaceX stock and ma…
Precigen COO Rutul Shah sells $251,105 in company stock - Investing.com
<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxPak5SMzA2dTRKZnVndlUweTFISXVtTDQ2SnBGY3VpNV9mOUY4WHJkd0FUbnpabV94ZXBrV1FkZV9SdXUzN0pMWGxkdTdJVVFwckJ2bnZrYVZGX0YzaTM1OHNVb0g3U1hEVmFIUWVZVzFkLVVNaWdrd3JRWDBMX0lTaG9NcV91U2tGMHFwX2…
Veteran Investor and Widely Followed Market Analyst Shah Gilani Calls VENU Stock “Significantly Undervalued” - Business Wire
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Nealesh Shah Sells 45,980 Shares of Kosmos Energy (NYSE:KOS) Stock - MarketBeat
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Sudeep Shah sees smallcaps leading rally, names 9 stock picks - MSN
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SHAH — Frequently Asked Questions
What is the current share price of Shah Metacorp Limited (SHAH)?
As of 2026-07-15 09:52 IST, Shah Metacorp Limited (SHAH) trades at ₹4.64 on NSE. Its 52-week range is ₹3.19 to ₹5.78.
What is the market capitalisation of SHAH?
Shah Metacorp Limited (SHAH) has a market capitalisation of ₹413.54 Cr on NSE.
What is the P/E ratio of SHAH?
SHAH trades at a trailing price-to-earnings (P/E) ratio of 7.66. The industry average P/E is 27.45. Its price-to-book (P/B) ratio is 1.40.
What is the return on equity (ROE) of SHAH?
SHAH has a return on equity (ROE) of 3.99%. Its return on capital employed (ROCE) is 3.23%.
Is SHAH a good stock to buy?
This page provides a data-driven analysis of Shah Metacorp Limited (SHAH), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.