Shree Precoated

Why is Shree Precoated Steels Ltd falling/rising?

As of 10-Aug, Shree Precoated Steels Ltd's stock price is at 11.87, reflecting a significant decline of 4.81%. The stock has underperformed across various time frames, with a year-to-date drop of 6.76% and a 27.80% decline over the past month, indicating a bearish trend and declining investor interest.

As of 10-Aug, Shree Precoated Steels Ltd's stock price is falling, currently at 11.87, which reflects a decrease of 0.6 or 4.81%. This decline is part of a broader trend, as the stock has underperformed significantly over various time periods. For instance, over the past week, the stock has dropped by 4.43%, while it has seen a substantial decline of 27.80% over the past month. Year-to-date, the stock is down 6.76%, and it has also fallen by 16.47% over the past year.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 5.16%. Additionally, it has experienced a trend reversal, having fallen after four consecutive days of gains. The stock is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. <BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 52.81% against the 5-day average. This lack of investor interest, combined with the stock's erratic trading patterns—where it did not trade on one day out of the last 20—contributes to the overall negative sentiment surrounding Shree Precoated Steels Ltd.

Which are the latest news on Shree Precoated?

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.

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

How big is Shree Precoated?

As of 10th June, Shree Precoated Steels Ltd has a market capitalization of 6.00 Cr, with recent net sales of 0.00 Cr and a net loss of 0.60 Cr over the last four quarters. Shareholder's funds are at a loss of 2.16 Cr, and total assets are valued at 5.45 Cr.

As of 10th June, <BR><BR>Market Cap: Shree Precoated Steels Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period shows a loss of 0.60 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2025. Shareholder's Funds stand at a loss of 2.16 Cr, and Total Assets are valued at 5.45 Cr.

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!

Who are the peers of the Shree Precoated?

Shree Precoated's peers include Castora Agri Com, Monind, Sh. Steel Wire, MFS Intercorp, Elango Industrie, Vallabh Steels, Aditya Ispat, Mahalaxmi Seam., and Heera Ispat. In terms of returns, Shree Precoated has a 1-year return of -6.58%, better than Monind's -8.86% but worse than Castora Agri Com's 125.34%.

Peers: The peers of Shree Precoated are Castora Agri Com, Monind, Sh. Steel Wire, MFS Intercorp, Elango Industrie, Vallabh Steels, Aditya Ispat, Mahalaxmi Seam., and Heera Ispat.<BR><BR>Quality Snapshot: Excellent management risk is observed at MFS Intercorp, while Below Average management risk is found at Castora Agri Com, Sh. Steel Wire, Elango Industrie, Aditya Ispat, Mahalaxmi Seam., and the rest. Monind, Vallabh Steels, Heera Ispat, and Shree Precoated do not qualify for management risk assessment. Average growth is noted at Castora Agri Com, while Below Average growth is seen at Sh. Steel Wire, MFS Intercorp, Elango Industrie, Aditya Ispat, Mahalaxmi Seam., and the rest. Monind, Vallabh Steels, Heera Ispat, and Shree Precoated do not qualify for growth assessment. Capital Structure is rated as Good for Sh. Steel Wire, while Below Average is noted for Castora Agri Com, MFS Intercorp, Elango Industrie, Aditya Ispat, Mahalaxmi Seam., and the rest. Monind, Vallabh Steels, Heera Ispat, and Shree Precoated do not qualify for capital structure assessment.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Castora Agri Com at 125.34%, while Monind has the lowest at -8.86%. Shree Precoated's 1-year return is -6.58%, which is better than Monind's but worse than Castora Agri Com's. Additionally, MFS Intercorp, Sh. Steel Wire, Elango Industrie, Mahalaxmi Seam., and Heera Ispat all have negative six-month returns.

What does Shree Precoated do?

Shree Precoated Steels Ltd is a Micro Cap company in the Iron & Steel Products industry, originally incorporated in 2007. It reported a net profit of 0 Cr for March 2026 and has a market cap of INR 6 Cr.

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, later changing its name to Ajmera Precoated Steels Private Limited in 2008. It became a Public Limited Company on July 23, 2008. The latest quarterly results reported are for March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 26<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.01<BR>Return on Equity: 21.90%<BR>Price to Book: -2.08<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

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