Shikhar Leasing

How has been the historical performance of the Shikhar Leasing?

Shikhar Leasing has shown steady growth in shareholder's funds and total reserves, with a profit before tax of Rs 2.00 crore reported in March 2024, marking a significant improvement. Total liabilities decreased, indicating a stronger financial position despite negative cash flow from operating activities.

Answer:<BR>The historical performance of Shikhar Leasing shows a gradual increase in shareholder's funds and total reserves, with a notable profit before tax reported in March 2024.<BR><BR>Breakdown:<BR>Shikhar Leasing's financial metrics reveal a steady trend in shareholder's funds, which rose from Rs 6.14 crore in March 2018 to Rs 7.18 crore in March 2024. Total reserves also increased from Rs 5.14 crore in March 2018 to Rs 6.18 crore in March 2024, indicating a positive growth trajectory. The company reported a profit before tax of Rs 2.00 crore in March 2024, a significant improvement from previous years where no profits were recorded. Total liabilities decreased from Rs 11.26 crore in March 2023 to Rs 9.97 crore in March 2024, reflecting a reduction in short-term borrowings from Rs 6.08 crore to Rs 2.55 crore over the same period. Cash flow from operating activities showed a negative Rs 1.00 crore in March 2024, while cash flow from investing activities was positive at Rs 5.00 crore, leading to a closing cash and cash equivalent of Rs 1.00 crore. Overall, the financial data indicates a strengthening position for Shikhar Leasing in recent years.

Who are the top shareholders of the Shikhar Leasing?

The top shareholders of Shikhar Leasing are Alfa Infosys Private with 32.29%, followed by Shikhar Leasing & Trading Limited Escrow Demat at 21.71%, and individual investors holding 6.09%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors.

The top shareholders of Shikhar Leasing include Alfa Infosys Private, which holds the largest stake at 32.29%. The next significant shareholder is Shikhar Leasing & Trading Limited Escrow Demat, with a holding of 21.71%. Additionally, individual investors collectively hold 6.09% of the company. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

What does Shikhar Leasing do?

Shikhar Leasing & Trading Ltd is a micro-cap company in the non-banking finance sector, incorporated in 1984, with recent quarterly results showing no sales or profits. It operates as an NBFC with a market cap classified as micro-cap.

Overview:<BR>Shikhar Leasing & Trading Ltd operates in the non-banking finance sector as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on December 4, 1984. The latest quarterly results reported are for March 2025, showing no sales or profits.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs Cr (Micro Cap)<BR><BR>Key Metrics:<BR>Industry: Non Banking Financial Company (NBFC) <BR>Market cap: Rs Cr (Micro Cap) <BR>Industry P/E: 42 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: 1301 13th Flr Peninsula Bus.Pa, Tower-B SB Marg Lower Parel(W) Mumbai Maharashtra : 400013 <BR>Tel: 91-22-30036565 <BR>Email: lomesh@myanchor.in/info.roc7412@gma <BR>Website: http://www.shikharleasingandtrading.in

Who are in the management team of Shikhar Leasing?

As of March 2018, the management team of Shikhar Leasing includes Vipul Popatlal Chheda (Whole Time Director), Heena Sanjay Desai, Damji L Shah, Girish M Boradia, and Sunil Hirji Shah (all Directors). Only Vipul Popatlal Chheda receives remuneration, amounting to Rs. 8.78 lacs.

As of March 2018, the management team of Shikhar Leasing includes the following individuals:<BR><BR>1. Vipul Popatlal Chheda - Whole Time Director<BR>2. Heena Sanjay Desai - Non Executive Director<BR>3. Damji L Shah - Director<BR>4. Girish M Boradia - Director<BR>5. Sunil Hirji Shah - Director<BR><BR>Vipul Popatlal Chheda is the only member with a specified remuneration of Rs. 8.78 lacs, while the other directors do not receive any remuneration.

What is the bonus history of the Shikhar Leasing?

Shikhar Leasing recently announced a 3:1 bonus issue, with an ex-date and record date set for October 4, 2024. Shareholders will receive three additional shares for every one share held.

Shikhar Leasing has a recent bonus issue where they announced a 3:1 bonus. The ex-date for this bonus is set for October 4, 2024. This means that for every one share held, shareholders will receive three additional shares. The record date is also October 4, 2024. This is the latest update regarding the company's bonus history. If you have any more questions about Shikhar Leasing or need further details, feel free to ask!

Has Shikhar Leasing declared dividend?

No Dividend History Available

Who are the peers of the Shikhar Leasing?

No Peers Information Available

how big is Shikhar Leasing?

As of Mar'24, Shikhar Leasing & Trading Ltd has an unavailable market capitalization and no recent financial data for net sales or net profit. The standalone balance sheet shows shareholder's funds of 7.18 Cr and total assets of 9.97 Cr.

Market Cap: As of Mar'24, Shikhar Leasing & Trading Ltd has a market capitalization value that is not available, thus it cannot be classified into any market cap type.<BR><BR>Recent Quarterly Performance: As of Mar'24, there is no valid Consolidated or Standalone financial data found for Net Sales and Net Profit for the latest 4 quarters.<BR><BR>Balance Sheet Snapshot: This is Standalone data as of Mar'24. The Shareholder's Funds are 7.18 Cr, and the Total Assets are 9.97 Cr.

When is the next results date for Shikhar Leasing & Trading Ltd?

The next results date for Shikhar Leasing & Trading Ltd is 29 May 2026.

The next results date for Shikhar Leasing & Trading Ltd is scheduled for 29 May 2026.

Why is Shikhar Leasing & Trading Ltd falling/rising?

As of 02-Jun, the stock price of Shikhar Leasing & Trading Ltd is at 0.79, showing no change and significantly underperforming its sector. The stock has been stagnant with no price movement over the past week, month, and year, and is trading below all major moving averages, indicating a bearish trend.

As of 02-Jun, the stock price of Shikhar Leasing & Trading Ltd is currently at 0.79, with no change from the previous trading session (0.00%, 0.00). The stock has underperformed significantly, with a performance today that is 100.19% lower than its sector. Over the past week, month, and year, the stock has shown no change in price, indicating a stagnant performance, while the benchmark Sensex has declined by 1.79%, 2.94%, and 8.26% respectively during these periods.<BR><BR>Additionally, the stock has not traded on 5 out of the last 20 days, suggesting erratic trading behavior. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend. While the BSE Small Cap index has gained by 1.42%, Shikhar Leasing's lack of movement and underperformance relative to both its sector and the broader market contribute to the perception that the stock is not currently rising. Overall, the combination of stagnant price movement, underperformance against benchmarks, and erratic trading patterns suggests that Shikhar Leasing & Trading Ltd is not experiencing a rise in stock price.

Which are the latest news on Shikhar Leasing?