Shree Precoated

Who are in the management team of Shree Precoated?

As of March 2022, the management team of Shree Precoated includes Ambalal C Patel (Chairman & Independent Director), Nilesh Sarvaiya (Director), Aarti Ramani (Independent Director), and Harsh L Mehta (Managing Director).

As of March 2022, the management team of Shree Precoated includes the following individuals:<BR><BR>1. Ambalal C Patel - Chairman & Independent Director<BR>2. Nilesh Sarvaiya - Director<BR>3. Aarti Ramani - Independent Director<BR>4. Harsh L Mehta - Managing Director<BR><BR>These members play key roles in the governance and management of the company.

What does Shree Precoated do?

Shree Precoated Steels Ltd is a Micro Cap company in the Iron & Steel Products industry, originally incorporated in 2007. As of March 2025, it reported a net profit of 0 Cr and has a market cap of Rs 5 Cr, with a P/E ratio of 5.00.

Overview:<BR>Shree Precoated Steels Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in 2007 as Ajmera Reality Private Limited and underwent several name changes, becoming Ajmera Precoated Steels Private Limited in 2008 and then a Public Limited Company on the same day. The latest quarterly results reported are for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: Rs 5 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 5.00<BR>Industry P/E: 33<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.03<BR>Return on Equity: -3.70%<BR>Price to Book: -2.54<BR><BR>Contact Details:<BR>Address: 1 Gr Floor Citi Mall, New Link Road Andheri (W) Mumbai Maharashtra : 400053<BR>Tel: 91-22-6552-6677<BR>Email: investors.spsl@gmail.com<BR>Website: http://www.spsl.com

Has Shree Precoated declared dividend?

No Dividend History Available

Who are the peers of the Shree Precoated?

Shree Precoated's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Vallabh Steels, Mahalaxmi Seam., Elango Industrie, and Aditya Ispat. APL Apollo Tubes stands out with excellent management, growth, and capital structure, while Welspun Corp leads in 1-year returns at 68.53%, compared to Shree Precoated's 5.43%.

Peers: The peers of Shree Precoated are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Vallabh Steels, Mahalaxmi Seam., Elango Industrie, and Aditya Ispat.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and the rest have ratings of Average, Below Average, or do not qualify. Growth is Excellent at APL Apollo Tubes, Average at Shyam Metalics and Ratnamani Metals, Below Average at Welspun Corp, and the rest do not qualify. Excellent capital structure is noted at APL Apollo Tubes, while Good capital structure is found at Welspun Corp, Average at Shyam Metalics and Ratnamani Metals, and the rest do not qualify.<BR><BR>Return Snapshot: Welspun Corp has the highest 1-year return at 68.53%, while Jindal Saw has the lowest at -23.06%, with Shree Precoated's 1-year return at 5.43% being higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Vallabh Steels, Jindal Saw, Mahalaxmi Seam., Aditya Ispat, and Heera Ispat have negative six-month returns.

Is Shree Precoated overvalued or undervalued?

As of April 25, 2023, Shree Precoated is considered overvalued and risky, with poor valuation metrics compared to peers, reflected in a year-to-date return of -29.67% against the Sensex's 5.63% gain.

As of 25 April 2023, the valuation grade for Shree Precoated has moved from does not qualify to risky, indicating a shift in perception regarding its financial health. The company is currently considered overvalued, with a PE ratio of 5.51, an EV to EBIT ratio of -5.45, and a Price to Book Value of -2.55, all of which suggest significant concerns about profitability and asset valuation.<BR><BR>In comparison to its peers, Shree Precoated's valuation metrics are notably weaker; for instance, JSW Steel has a PE ratio of 64.98 and Tata Steel boasts a PE of 51.92, both indicating stronger market positions. The company's recent stock performance has been underwhelming, with a year-to-date return of -29.67%, contrasting sharply with the Sensex's gain of 5.63% over the same period. This further reinforces the view that Shree Precoated is overvalued in the current market environment.

What is the technical trend for Shree Precoated?

As of May 26, 2025, Shree Precoated's technical trend is mildly bearish, influenced by bearish signals from Bollinger Bands and KST, despite some mildly bullish indicators in the MACD and Dow Theory on the weekly chart.

As of 26 May 2025, the technical trend for Shree Precoated has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, and both the weekly and monthly Bollinger Bands are bearish. The KST shows a bearish trend on both weekly and monthly time frames. Dow Theory suggests a mildly bullish outlook on the weekly chart, but there is no trend on the monthly chart. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals from Bollinger Bands and KST, despite some mildly bullish indicators in the MACD and Dow Theory on the weekly time frame.

Who are the top shareholders of the Shree Precoated?

The top shareholders of Shree Precoated include promoter Prachi Dhaval Ajmera with a 4.35% stake and public shareholder Nimish Shashikant Ajmera with 9.55%. Individual investors collectively own 38.65%, with no holdings from mutual funds or foreign institutional investors.

The top shareholders of Shree Precoated include the promoters, who hold the majority of the shares. The promoter with the highest holding is Prachi Dhaval Ajmera, with a stake of 4.35%. Additionally, the highest public shareholder is Nimish Shashikant Ajmera, who holds 9.55%. Individual investors collectively own 38.65% of the company's shares. It's worth noting that there are no holdings from mutual funds or foreign institutional investors (FIIs) at this time.

How big is Shree Precoated?

As of 24th July, Shree Precoated Steels Ltd has a market capitalization of 6.00 Cr, with net sales of 0.00 Cr and a net loss of 0.59 Cr over the latest four quarters. The balance sheet as of March 2024 shows shareholder's funds at -1.55 Cr and total assets of 5.40 Cr.

As of 24th July, <BR><BR>Shree Precoated Steels Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company. <BR><BR>For the latest four quarters, the company reported net sales of 0.00 Cr and a net loss of 0.59 Cr. <BR><BR>As of March 2024, the balance sheet shows shareholder's funds at -1.55 Cr and total assets amounting to 5.40 Cr.

When is the next results date for Shree Precoated?

The next results date for Shree Precoated is November 6, 2025.

The next results date for Shree Precoated is scheduled for November 6, 2025.

Are Shree Precoated latest results good or bad?

The latest results for Shree Precoated Steels are concerning, showing a net profit of ₹-0.12 crores with zero net sales for several quarters and a negative book value per share of ₹-5.21, indicating ongoing financial distress and operational dormancy. Overall, the results can be characterized as bad.

The latest results for Shree Precoated Steels indicate a troubling situation for the company. In Q2 FY26, the company reported a net profit of ₹-0.12 crores, which reflects a 20% improvement quarter-over-quarter but a 7.69% decline year-over-year. However, this is overshadowed by the fact that the company has generated zero net sales for several quarters, indicating a complete cessation of operations since at least FY2018.<BR><BR>The financial health of the company is concerning, with a negative book value per share of ₹-5.21 and a market capitalization of just ₹6.00 crores, categorizing it as a micro-cap stock. The absence of revenue and continuous losses, coupled with a negative net worth of ₹-2.16 crores, suggest that the company is in a state of operational dormancy and financial distress.<BR><BR>Overall, while there may be slight improvements in certain metrics, the fundamental issues of zero revenue and negative equity paint a bleak picture. Therefore, the latest results can be characterized as bad, indicating ongoing challenges for Shree Precoated Steels.

How has been the historical performance of Shree Precoated?

Shree Precoated has consistently reported zero revenue and profitability from March 2019 to March 2025, with increasing operating losses and deteriorating reserves, indicating significant financial distress. Total assets remained stagnant at around 5.45 crore, with no cash flow from any activities during this period.

Answer:<BR>The historical performance of Shree Precoated shows a consistent lack of revenue generation and profitability over the years.<BR><BR>Breakdown:<BR>Shree Precoated has reported zero net sales and zero other operating income from March 2019 to March 2025, indicating no operational revenue during this period. Total operating income has also remained at zero, with raw material costs, purchase of finished goods, and other major expenses consistently reported as zero. Employee costs have shown a slight increase from 0.22 crore in March 2021 to 0.41 crore in March 2025, while other expenses have fluctuated slightly but remained low. The total expenditure, excluding depreciation, has increased from 0.47 crore in March 2021 to 0.60 crore in March 2025, leading to operating losses that have deepened from -0.47 crore in March 2021 to -0.60 crore in March 2025. Profit before tax and profit after tax have mirrored this trend, remaining negative throughout the years, with a notable profit of 0.08 crore in March 2021 being the only exception. The company's reserves have deteriorated from -4.08 crore in March 2021 to -6.30 crore in March 2025, and the book value per share has also declined significantly, indicating increasing financial distress. Total assets have hovered around 5.45 crore in March 2025, with total liabilities slightly increasing, reflecting a stagnant financial position with no cash flow from operating, investing, or financing activities reported during this period.

Should I buy, sell or hold Shree Precoated Steels Ltd?

Why is Shree Precoated Steels Ltd falling/rising?

As of 18-Jan, Shree Precoated Steels Ltd's stock price is rising to 14.34, reflecting a 4.9% increase. This rise is driven by improved investor sentiment, increased trading activity, and a reversal from previous declines, despite past challenges in performance.

As of 18-Jan, Shree Precoated Steels Ltd's stock price is rising, currently at 14.34, reflecting a change of 0.67 or 4.9% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 5.04% today, indicating a positive trend in comparison to its peers. Additionally, there has been a trend reversal as the stock gained after two consecutive days of decline, suggesting a potential recovery in investor sentiment.<BR><BR>Moreover, there is rising investor participation, evidenced by a significant increase in delivery volume, which rose by 55.99% against the 5-day average. This indicates growing interest among investors, contributing to the stock's upward momentum. The current price is also higher than the 5-day and 20-day moving averages, which can be a positive technical indicator for traders.<BR><BR>However, it is important to note that the stock has faced challenges in the past, including a negative EBITDA and consistent underperformance against benchmarks over the last three years. Despite these issues, the recent performance suggests a temporary rebound, driven by increased trading activity and a shift in market sentiment.

Which are the latest news on Shree Precoated?