Shrenik

Why is Shrenik Ltd falling/rising?

As of 09-Jun, Shrenik Ltd's stock price is at 0.37, unchanged from the previous session, and has seen a year-to-date decline of 21.28% and a 40.32% drop over the past year. The stock is underperforming its sector and trading below all key moving averages, indicating a persistent bearish sentiment.

As of 09-Jun, Shrenik Ltd's stock price is currently at 0.37, showing no change from the previous trading session. The stock has been experiencing a significant decline over various periods, with a year-to-date decrease of 21.28% and a staggering 40.32% drop over the past year. Over the last three years, the stock has fallen by 64.76%, while the benchmark Sensex has increased by 25.20% during the same timeframe.<BR><BR>Today, the stock hit a new 52-week low of Rs. 0.36, indicating a downward trend. Additionally, it has underperformed its sector by 1.59%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a persistent bearish sentiment among investors. Furthermore, the broader market context shows that the BSE Small Cap index has fallen by 10.59%, reflecting a challenging environment for small-cap stocks.<BR><BR>Overall, the combination of poor performance relative to the market, significant historical declines, and recent lows contributes to the ongoing downward pressure on Shrenik Ltd's stock price.

Which are the latest news on Shrenik?

Are Shrenik Ltd latest results good or bad?

Shrenik Ltd's latest results are largely negative, showing a significant revenue increase but a net loss of ₹1.03 crores and a negative operating margin of -9.36%. The company also has a troubling financial position with a negative book value per share, indicating serious operational and solvency challenges.

Shrenik Ltd's latest results present a mixed picture, but overall, they lean towards the negative side. In Q4 FY26, the company reported net sales of ₹11.65 crores, which is a significant 145.26% increase year-on-year and a 26.77% increase sequentially. This growth in revenue is a positive sign, suggesting some market traction or contract wins.<BR><BR>However, the profitability aspect is concerning. The company posted a net loss of ₹1.03 crores, which is a drastic decline of 1,387.50% compared to the previous quarter. The operating margin also turned negative at -9.36%, a sharp drop from a positive margin of 11.75% in Q3 FY26. This volatility in profitability indicates significant operational challenges.<BR><BR>Additionally, Shrenik Ltd has a troubling financial position, with a negative book value of ₹-2.88 per share, reflecting complete erosion of shareholder equity. The stock has also underperformed significantly, declining 40% over the past year, while the broader market (Sensex) only fell by 8.30%.<BR><BR>In summary, while there are signs of revenue growth, the inability to achieve consistent profitability and the concerning financial metrics suggest that the overall results are not good. The company faces serious operational and solvency challenges that overshadow the positive revenue figures.

Should I buy, sell or hold Shrenik Ltd?

How has been the historical performance of Shrenik?

Shrenik has experienced a significant decline in net sales and profitability, with net sales dropping from 836.79 Cr in March 2019 to 18.10 Cr in March 2025, and operating profit turning negative since March 2022. By March 2025, the company's financial health is precarious, marked by total liabilities and assets both decreasing to 2.67 Cr.

Answer:<BR>The historical performance of Shrenik shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2025.<BR><BR>Breakdown:<BR>Shrenik's net sales have decreased sharply from 836.79 Cr in March 2019 to just 18.10 Cr in March 2025, indicating a continuous downward trend. Total operating income followed a similar pattern, dropping from 836.79 Cr in March 2019 to 18.10 Cr in March 2025. The company's total expenditure, excluding depreciation, also saw fluctuations, peaking at 795.56 Cr in March 2020 before falling to 18.29 Cr in March 2025. Operating profit (PBDIT) has been negative since March 2022, with a loss of -0.03 Cr reported in March 2025, down from a profit of 33.50 Cr in March 2020. Profit before tax and profit after tax have also turned negative, with losses of -0.09 Cr in March 2025. The company's total liabilities decreased from 297.39 Cr in March 2019 to 2.67 Cr in March 2024, while total assets similarly fell from 297.39 Cr to 2.67 Cr over the same period. Cash flow from operating activities has shown some positive movement, with 20.00 Cr in March 2024, but overall, the financial health of Shrenik appears to be in a precarious state as of March 2025.

How big is Shrenik?

As of 24th July, Shrenik Ltd has a market capitalization of 36.00 Cr, with recent net sales of 20.07 Cr and a net profit loss of 0.01 Cr over the last four quarters. The balance sheet shows shareholder's funds at a loss of 176.05 Cr and total assets of 2.67 Cr.

As of 24th July, <BR><BR>Market Cap: Shrenik Ltd has a market capitalization of 36.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 20.07 Cr, while the sum of Net Profit for the same period shows a loss of 0.01 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds at a loss of 176.05 Cr and Total Assets valued at 2.67 Cr.

What does Shrenik do?

Shrenik Ltd is a micro-cap company in the miscellaneous industry, originally established as 'Shree Shyam Corporation' and later rebranded as "Shrenik Tradelink." As of March 2025, it reported net sales of 48 Cr and a net profit of 1 Cr.

Overview:<BR>Shrenik Ltd operates in the miscellaneous industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Shrenik Ltd was originally formed as a proprietary firm named 'Shree Shyam Corporation' and was later converted into a partnership firm registered under The Indian Partnership Act, 1932, as "Shrenik Tradelink" on November 1, 2012. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 48 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 36 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.70<BR>- Return on Equity: 0.05%<BR>- Price to Book: -0.20<BR><BR>Contact Details:<BR>- Address: 505-508 TEN/11, Beside Mardia Plaza CG Road Ahmedabad Gujarat : 380009<BR>- Tel: 91-79-26440303-0505<BR>- Email: cs@shrenik.co.in

Who are the top shareholders of the Shrenik?

The top shareholders of Shrenik are primarily individual investors, holding 70.95% of the shares, with Shrenik Sudhir Vimawala as the largest promoter at 25.37%. Notably, there are no mutual funds or foreign institutional investors involved, and pledged promoter holdings are extremely high at 99.9401%.

The top shareholders of Shrenik primarily consist of non-institutional investors, with individual investors holding a significant 70.95% of the shares. The promoter with the highest holding is Shrenik Sudhir Vimawala, who owns 25.37% of the company. It's important to note that there are no mutual funds or foreign institutional investors holding shares in Shrenik, and the pledged promoter holdings are notably high at 99.9401%.

Who are the peers of the Shrenik?

Shrenik's peers include Lamosaic India, Infomedia Press, Agarwal Float, A G Universal, Winny Immigration, Inani Marbles, Unick Fix-A-Form, Lerthai Finance, Ravi Leela Gran, and Glittek Granites. Shrenik has below-average management risk and growth, with a 1-year return of -35.56%, better than Winny Immigration but worse than A G Universal.

Peers: The peers of Shrenik are Lamosaic India, Infomedia Press, Agarwal Float, A G Universal, Winny Immigratio, Inani Marbles, Unick Fix-A-Form, Lerthai Finance, Ravi Leela Gran, and Glittek Granites.<BR><BR>Quality Snapshot: Excellent management risk is observed at Agarwal Float and Winny Immigratio, while Average management risk is found at Unick Fix-A-Form and the rest. Below Average management risk is noted for Shrenik, Infomedia Press, A G Universal, Inani Marbles, and Ravi Leela Gran, while Lamosaic India and Lerthai Finance do not qualify. In terms of Growth, Good growth is seen at Agarwal Float, Below Average growth is present at Shrenik, Infomedia Press, A G Universal, Inani Marbles, Winny Immigratio, and Ravi Leela Gran, while Lamosaic India and Lerthai Finance do not qualify. Capital Structure ratings show Average at Winny Immigratio and Unick Fix-A-Form, Below Average at Shrenik, Agarwal Float, A G Universal, Inani Marbles, and Ravi Leela Gran, while Lamosaic India and Lerthai Finance do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is A G Universal at -3.15%, while the lowest is Winny Immigratio at -61.59%. Shrenik's own 1-year return is -35.56%, which is better than Winny Immigratio but worse than A G Universal. Additionally, the six-month return is negative for Lamosaic India, Agarwal Float, Winny Immigratio, and Ravi Leela Gran.

Who are in the management team of Shrenik?

As of March 2022, the management team of Shrenik includes Shrenikbhai Vimawala (Chairman & Managing Director), Rishit Vimawala and Kaivan Vimawala (Whole-time Directors), along with several Independent Directors and a Company Secretary. This diverse team provides strong leadership and oversight for the company.

As of March 2022, the management team of Shrenik consists of the following individuals:<BR><BR>1. Shrenikbhai Vimawala - Chairman & Managing Director<BR>2. Rishit Vimawala - Whole-time Director<BR>3. Devarsh Shah - Independent Director<BR>4. Shalin Nainesh Kusumgar - Independent Director<BR>5. Kaivan Vimawala - Whole-time Director<BR>6. Jalpika Joshi - Independent Director<BR>7. Pooja Ronak Dhruve - Company Secretary & Compliance Officer<BR>8. Kevin Maheshkumar Shah - Independent Director<BR><BR>This team brings a mix of leadership and independent oversight to the company.

Is Shrenik overvalued or undervalued?

As of April 25, 2023, Shrenik's valuation has been downgraded to "risky" due to troubling financial ratios indicating overvaluation and severe financial distress, with a year-to-date performance of -21.25% compared to the Sensex's 6.22%.

As of 25 April 2023, the valuation grade for Shrenik has moved from does not qualify to risky, indicating a significant downgrade in its investment appeal. The company appears to be overvalued, given its troubling financial ratios, including a PE Ratio of -37.94, an EV to EBITDA of -161.30, and a Price to Book Value of -0.22. These negative figures suggest severe financial distress and a lack of profitability.<BR><BR>In comparison to its peers, Shrenik's metrics stand out unfavorably, with a PEG Ratio of 0.00, indicating no growth potential. Notably, the company is in stark contrast to industry norms, which typically exhibit positive valuations. Although Shrenik has shown a 3.28% return over the past week compared to the Sensex's 1.62%, its year-to-date performance of -21.25% against the Sensex's 6.22% highlights a troubling trend, reinforcing the view that Shrenik is overvalued in the current market landscape.

What is the technical trend for Shrenik?

As of May 12, 2025, Shrenik's technical trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from other indicators, despite mildly bullish weekly and monthly MACD readings.

As of 12 May 2025, the technical trend for Shrenik has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD also shows mildly bullish. However, the daily moving averages remain bearish, and the Bollinger Bands reflect a mildly bearish trend on both weekly and monthly time frames. The KST is mildly bullish weekly but bearish monthly, and the OBV shows a mildly bearish weekly trend alongside a mildly bullish monthly trend. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the mixed signals from other indicators.

When is the next results date for Shrenik?

No Upcoming Board Meetings

What is the bonus history of the Shrenik?

Shrenik Ltd announced a 2:1 bonus issue on October 8, 2020, with a record date of October 10, 2020, allowing shareholders to receive two additional shares for every one share held.

Shrenik Ltd has a bonus history that includes a notable 2:1 bonus issue announced with an ex-date of October 8, 2020. The record date for this bonus was October 10, 2020. This means that shareholders received two additional shares for every one share they held as of the record date. If you have any more questions about Shrenik or its corporate actions, feel free to ask!

Has Shrenik declared dividend?

Shrenik Ltd has declared a 10% dividend, amounting to 0.2 per share, with an ex-date of September 8, 2020. However, the company has experienced significant negative returns over most periods, resulting in a dividend yield of 0%.

Shrenik Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.2<BR>- Ex-date: 08 Sep 20<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -18.18%, the dividend return was 0%, resulting in a total return of -18.18%.<BR><BR>In the 1-year period, the price return was -30.0%, the dividend return was 0%, leading to a total return of -30.0%.<BR><BR>In the 2-year period, the price return was -40.0%, the dividend return was 0%, which resulted in a total return of -40.0%.<BR><BR>In the 3-year period, the price return was -72.0%, the dividend return was 0%, culminating in a total return of -72.0%.<BR><BR>In the 4-year period, the price return was -73.75%, the dividend return was 0%, giving a total return of -73.75%.<BR><BR>In the 5-year period, the price return was 28.51%, the dividend return was 0%, resulting in a total return of 28.51%.<BR><BR>Overall, while Shrenik Ltd has declared a dividend, the company has experienced significant negative returns over most periods, with only the 5-year period showing a positive total return. The dividend yield remains at 0%, indicating that the dividend declaration has not translated into a favorable return for investors in the short term.