Shree Precoated

Why is Shree Precoated Steels Ltd falling/rising?

As of 01-Sep, Shree Precoated Steels Ltd's stock price is rising to 14.89, reflecting a 4.93% increase. This rise is driven by strong short-term performance, outperforming benchmarks, but concerns about declining investor participation and long-term challenges remain.

As of 01-Sep, Shree Precoated Steels Ltd's stock price is rising, currently at 14.89, with a change of 0.7, representing a 4.93% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 15.52% compared to the Sensex's decline of 0.92%. Additionally, the stock has shown a significant increase of 21.35% over the last four days, indicating a strong short-term performance.<BR><BR>The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is typically a bullish sign. Furthermore, it has outperformed its sector by 4.63% today, reinforcing the positive momentum. However, it is important to note that there has been a substantial decline in investor participation, with delivery volume dropping by 98.7% against the 5-day average, which may raise concerns about the sustainability of this rise.<BR><BR>Despite the positive short-term performance, the company faces significant long-term challenges, including a negative book value and weak fundamental strength, which could impact future stock performance. Nonetheless, the current rise is primarily driven by recent gains and positive short-term trading indicators.

Who are in the management team of Shree Precoated?

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).

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>If you need more specific information about their roles or contributions, feel free to ask!

What does Shree Precoated do?

Shree Precoated Steels Ltd is a Micro Cap company in the Iron & Steel Products industry, originally incorporated in 2007, with recent quarterly results showing no net profit and a market cap of INR 6 Cr. The company has a low debt-equity ratio of 0.01 and a return on equity of 21.90%.

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 later a Public Limited Company on the same year. The latest quarterly results reported are for June 2026, showing no net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 25<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.01<BR>Return on Equity: 21.90%<BR>Price-to-Book: -2.04<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

Who are the peers of the Shree Precoated?

Shree Precoated's peers include Monind, AFLOAT Enterpris, Mahalaxmi Seam., MFS Intercorp, Castora Agri Com, Vallabh Steels, Aditya Ispat, Elango Industrie, and Heera Ispat. Castora Agri Com has the highest 1-year return at 49.66%, while Shree Precoated's return is -12.57%.

Peers: The peers of Shree Precoated are Monind, AFLOAT Enterpris, Mahalaxmi Seam., MFS Intercorp, Castora Agri Com, Vallabh Steels, Aditya Ispat, Elango Industrie, and Heera Ispat.<BR><BR>Quality Snapshot: Excellent management risk is observed at AFLOAT Enterpris, while Below Average management risk is found at Mahalaxmi Seam., MFS Intercorp, Castora Agri Com, Aditya Ispat, and Elango Industrie, and the rest. Average growth is noted at Castora Agri Com, while Below Average growth is seen at AFLOAT Enterpris, Mahalaxmi Seam., MFS Intercorp, Aditya Ispat, and Elango Industrie, and the rest. Capital Structure is rated as Good for AFLOAT Enterpris, while Below Average is noted for Mahalaxmi Seam., MFS Intercorp, Castora Agri Com, Aditya Ispat, and Elango Industrie, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Castora Agri Com at 49.66%, while the lowest is MFS Intercorp at -4.30%, and Shree Precoated's own 1-year return is -12.57%, which is lower than MFS Intercorp's. Additionally, MFS Intercorp, Vallabh Steels, and Heera Ispat have negative six-month returns.

How big is Shree Precoated?

As of 31st August, Shree Precoated Steels Ltd has a market capitalization of 6.00 Cr, with net sales of 0.00 Cr and a net loss of 0.62 Cr in the latest four quarters. The company reported shareholder's funds of -2.16 Cr and total assets of 5.45 Cr as of March 2025.

As of 31st August, Shree Precoated Steels Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shree Precoated reported net sales of 0.00 Cr and a net loss of 0.62 Cr.<BR><BR>As of the latest annual period in March 2025, the company had shareholder's funds of -2.16 Cr and total assets of 5.45 Cr.

Which are the latest news on Shree Precoated?

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

Are Shree Precoated Steels Ltd latest results good or bad?

Shree Precoated Steels Ltd's latest results are concerning, with zero revenue and a net loss of ₹0.14 crores for the quarter ending June 2026. The company has negative shareholder funds and a low valuation grade, indicating significant financial distress and a lack of recovery prospects.

The latest results for Shree Precoated Steels Ltd are concerning. The company has reported zero revenue for yet another quarter, continuing a trend that has persisted for several years. In the quarter ending June 2026, Shree Precoated Steels recorded a net loss of ₹0.14 crores, which is unchanged from the previous quarter. <BR><BR>Financially, the company is in a precarious position, with negative shareholder funds of ₹2.16 crores and a negative book value per share of ₹5.21. This indicates a significant erosion of equity and raises serious questions about the company's viability. The absence of any operational activity and continuous losses suggest that the company is effectively a shell entity, lacking a clear path to recovery or profitability.<BR><BR>Overall, the financial profile of Shree Precoated Steels is deeply troubling, leading to a "Risky" valuation grade and a low Mojo score of 33 out of 100. Investors should approach this company with caution, as it appears to have no fundamental support for recovery.

When is the next results date for Shree Precoated Steels Ltd?

The next results date for Shree Precoated Steels Ltd is August 4, 2026.

The next results date for Shree Precoated Steels Ltd is scheduled for August 4, 2026.

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.

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.

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.

Has Shree Precoated declared dividend?

No Dividend History Available