Shish Industries

Which are the latest news on Shish Industries?

Why is Shish Industries Ltd falling/rising?

As of 05-Sep, Shish Industries Ltd's stock price is rising to 12.90, reflecting a 1.74% increase and a significant 24.16% gain over the past week. The stock is trading above its moving averages, indicating a strong upward trend despite a slight decline in investor participation.

As of 05-Sep, Shish Industries Ltd's stock price is rising, currently at 12.90, with a change of 0.22 (1.74%) upward. The stock has shown significant performance over the past week, gaining 24.16%, while the benchmark Sensex has decreased by 0.97%. Additionally, in the last eight days, the stock has consistently gained, resulting in a total return of 35.82% during this period. <BR><BR>Shish Industries is also trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Despite a slight decline in investor participation, with delivery volume falling by 7.97% against the 5-day average, the stock remains liquid enough for trading. Overall, these factors contribute to the rising stock price of Shish Industries Ltd.

Should I buy, sell or hold Shish Industries Ltd?

Who are in the management team of Shish Industries?

The management team of Shish Industries includes Satishkumar Maniya (Chairman & Managing Director), Rameshbhai Kakdiya (Whole-time Director), Nitaben Maniya (Executive Director), and independent directors Rajesh Mepani, Nareshkumar Lakhani, and Rasik Bharodia.

The management team of Shish Industries includes the following members:<BR><BR>1. **Satishkumar Maniya** - Chairman & Managing Director<BR>2. **Rameshbhai Kakdiya** - Whole-time Director<BR>3. **Nitaben Maniya** - Executive Director<BR>4. **Rajesh Mepani** - Independent Director<BR>5. **Nareshkumar Lakhani** - Independent Director<BR>6. **Rasik Bharodia** - Independent Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Shish Industries do?

Shish Industries Ltd is a micro-cap company in the plastic products industry, reporting net sales of 35 Cr and a net loss of 2 Cr for June 2026. The company has a market cap of INR 446 Cr and key financial metrics include a P/E ratio of 132.00 and a debt-equity ratio of 0.22.

Overview: <BR>Shish Industries Ltd operates in the plastic products industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Shish Industries Ltd was originally formed as a partnership firm on July 5, 2012, and underwent a constitutional change on September 15, 2012. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 35 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -2 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 446 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 132.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.22 <BR>Return on Equity: 4.05% <BR>Price to Book: 2.37 <BR><BR>Contact Details: <BR>Address: TP No 4 RS No 11 Paiki 12-13 B, Paiki plot C 1st Floor Varachh Surat Gujarat : 395006 <BR>Email: compliance@shishindustries.com <BR>Website: http://www.shishindustries.com

Who are the peers of the Shish Industries?

Shish Industries' peers include All Time Plastic, Premier Polyfilm, Prakash Pipes, Dhabriya Poly., Captain Polyplas, Kriti Industries, Kisan Mouldings, and Kaka Industries. In terms of management risk, growth, and capital structure, Shish Industries ranks average among its peers, with a 1-year return of 42.18%.

Peers: The peers of Shish Industries are All Time Plastic, Premier Polyfilm, Prakash Pipes, Dhabriya Poly., Captain Polyplas, Kriti Industries, Kisan Mouldings, Kaka Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dhabriya Poly. and Kaka Industries, while Average management risk is found at Premier Polyfilm, Prakash Pipes, Shish Industries, Captain Polyplas, and the rest. Below Average management risk is seen at All Time Plastic, Kriti Industries, and Kisan Mouldings. Growth is Excellent at Kaka Industries, Good at Dhabriya Poly., Average at Premier Polyfilm, Prakash Pipes, Shish Industries, Captain Polyplas, and the rest, and Below Average at All Time Plastic, Kriti Industries, and Kisan Mouldings. Capital Structure is Excellent at Premier Polyfilm and Prakash Pipes, Good at Kaka Industries, Average at Dhabriya Poly., Shish Industries, and Captain Polyplas, and Below Average at All Time Plastic, Kriti Industries, and Kisan Mouldings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Premier Polyfilm at 86.53%, while the lowest is Kriti Industries at -53.89%. Shish Industries has a 1-year return of 42.18%, which is significantly higher than Kriti Industries but lower than Premier Polyfilm. Additionally, the six-month return is negative for All Time Plastic, Captain Polyplas, Kriti Industries, and Kisan Mouldings.

How big is Shish Industries?

As of 31st August, Shish Industries Ltd has a market capitalization of 446.00 Cr, classifying it as a Micro Cap company, with recent Net Sales of 136.77 Cr and a Net Profit of 3.42 Cr.

As of 31st August, Shish Industries Ltd has a market capitalization of 446.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Shish Industries reported Net Sales of 136.77 Cr and a Net Profit of 3.42 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 105.77 Cr and Total Assets of 149.19 Cr.

Are Shish Industries Ltd latest results good or bad?

Shish Industries Ltd's latest results are concerning, showing record net sales growth but a significant decline in operating margin to -0.26%, indicating unprofitability. The company's reliance on non-operating income for profits raises doubts about its financial sustainability.

Shish Industries Ltd's latest results present a mixed picture, leaning towards negative overall. On one hand, the company achieved record net sales of ₹38.15 crores, which is a 14.36% increase quarter-on-quarter and a 7.43% increase year-on-year. However, this topline growth is overshadowed by significant operational challenges.<BR><BR>The operating margin has collapsed to -0.26%, a stark decline from 12.71% in the previous quarter, indicating that the core business is currently unprofitable. This negative margin suggests serious cost pressures or pricing issues that the management has not effectively addressed. Furthermore, the company's net profit of ₹1.76 crores was heavily reliant on non-operating income, which accounted for an astonishing 7,966.67% of profit before tax. This raises concerns about the sustainability of earnings and the overall health of the business.<BR><BR>Additionally, the interest coverage ratio has fallen to -0.15 times, reflecting the company's inability to cover interest expenses from operational profits. The decline in profitability is further evidenced by a 26.05% decrease in net profit year-on-year.<BR><BR>Overall, while Shish Industries has shown strong revenue growth, the significant deterioration in profitability and reliance on non-core income raises serious questions about its operational viability. Investors should approach the company's prospects with caution, particularly in light of the recent financial trends.

When is the next results date for Shish Industries Ltd?

The next results date for Shish Industries Ltd is 29 May 2026.

The next results date for Shish Industries Ltd is scheduled for 29 May 2026.

Is Shish Industries overvalued or undervalued?

As of December 3, 2025, Shish Industries is considered overvalued with a high PE ratio of 37.43 and has underperformed year-to-date with a return of -32.82%, suggesting investors should be cautious before investing at its current price of 8.80.

As of 3 December 2025, the valuation grade for Shish Industries has moved from fair to expensive. The company is currently overvalued, as indicated by its high PE ratio of 37.43, an EV to EBIT ratio of 41.85, and an EV to EBITDA ratio of 26.57. In comparison to its peers, Supreme Industries has a PE ratio of 49.49, while Finolex Industries, which is considered fairly valued, has a PE ratio of 22.26, highlighting the premium at which Shish Industries is trading.<BR><BR>Despite recent fluctuations, Shish Industries has underperformed significantly year-to-date with a return of -32.82% compared to the Sensex's 8.92%. This performance, combined with its elevated valuation ratios, suggests that investors may want to exercise caution before investing in Shish Industries at its current price of 8.80.

How has been the historical performance of Shish Industries?

Shish Industries has experienced significant growth in net sales, increasing from 28.28 Cr in Mar'21 to 116.25 Cr in Mar'25, with operating profit rising from 2.23 Cr to 15.03 Cr during the same period. However, cash flow from operating activities has been negative, despite overall profitability and asset growth.

Answer:<BR>The historical performance of Shish Industries shows significant growth in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Shish Industries has demonstrated a strong upward trend in net sales, increasing from 28.28 Cr in Mar'21 to 116.25 Cr in Mar'25. The total operating income has followed a similar trajectory, reaching 116.25 Cr in Mar'25, up from 28.28 Cr in Mar'21. The company's total expenditure has also risen, from 26.05 Cr in Mar'21 to 104.82 Cr in Mar'25, reflecting increased costs associated with raw materials and other operating expenses. Operating profit (PBDIT) has improved significantly, climbing from 2.23 Cr in Mar'21 to 15.03 Cr in Mar'25, although the operating profit margin has fluctuated, peaking at 13.1% in Mar'23 before dropping to 9.83% in Mar'25. Profit before tax reached 7.92 Cr in Mar'25, while profit after tax was recorded at 5.97 Cr. The company's total assets have expanded from 17.08 Cr in Mar'21 to 149.19 Cr in Mar'25, with total liabilities also increasing from 17.08 Cr to 149.19 Cr during the same period. Cash flow from operating activities has been negative in recent years, indicating challenges in cash generation, despite a positive cash flow from financing activities of 47 Cr in Mar'25. Overall, Shish Industries has shown robust growth in sales and profitability, alongside increasing asset and liability levels.

Who are the top shareholders of the Shish Industries?

The top shareholders of Shish Industries are Rameshbhai Virjibhai Kakadiya with 32.63%, followed by public shareholder Viral Alpeshkumar Shah at 3.67%, and individual investors holding a combined 23.84%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Shish Industries include Rameshbhai Virjibhai Kakadiya, who is the promoter with the highest holding at 32.63%. The highest public shareholder is Viral Alpeshkumar Shah, holding 3.67%. Additionally, individual investors collectively hold 23.84% of the company's shares. There are currently no mutual funds or foreign institutional investors involved in the shareholding.

What is the technical trend for Shish Industries?

As of June 3, 2025, Shish Industries is in a bearish trend with moderate strength, indicated by bearish daily moving averages, consistent bearish Bollinger Bands, and mixed momentum signals from the MACD and RSI.

As of 3 June 2025, the technical trend for Shish Industries has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish signal from the daily moving averages and consistent bearish readings from both the weekly and monthly Bollinger Bands. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, indicating mixed momentum. The RSI on the weekly shows no signal while being bullish on the monthly, further contributing to the overall bearish outlook. Additionally, the Dow Theory indicates a mildly bearish trend on both weekly and monthly time frames. Overall, the combination of these indicators suggests a bearish sentiment in the market for Shish Industries.

What is the bonus history of the Shish Industries?

Shish Industries' recent bonus history includes a 2:1 bonus announced on July 28, 2023, and a 6:5 bonus issued on December 1, 2020. This demonstrates the company's commitment to rewarding shareholders with bonus shares.

Shish Industries has a notable bonus history. The most recent bonus issue was a 2:1 bonus, which was announced with an ex-date of July 28, 2023. Prior to that, the company issued a bonus of 6:5 on December 1, 2020, with a record date of December 2, 2020. This reflects the company's approach to rewarding shareholders through bonus shares over the past few years.

Has Shish Industries declared dividend?

No Dividend History Available