Shrenik

Why is Shrenik Ltd falling/rising?

As of 10-Aug, Shrenik Ltd's stock price is at 0.32, down 3.03% and significantly underperforming against the Sensex across various time frames, including a year-to-date decline of 31.91%. The stock is consistently trading below its moving averages, indicating a persistent downward trend.

As of 10-Aug, Shrenik Ltd's stock price is falling, currently at 0.32, reflecting a decrease of 0.01 or 3.03%. This decline is evident in the stock's performance over various periods, where it has underperformed significantly compared to the benchmark Sensex. Over the past week, Shrenik Ltd has dropped by 3.03%, while the Sensex has only decreased by 0.77%. The one-month performance shows an even larger decline of 11.11% for Shrenik Ltd against a 1.56% increase in the Sensex. Year-to-date, the stock has fallen by 31.91%, compared to a 5.92% decline in the benchmark index.<BR><BR>Additionally, Shrenik Ltd is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a consistent downward trend. The stock has also underperformed its sector by 3.05% today, further contributing to the negative sentiment surrounding it. Overall, these factors collectively explain the ongoing decline in 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 concerning, showing a net loss of ₹0.20 crores for Q1 FY2027, a significant decline from previous periods, and a negative book value of ₹2.88 per share. Overall, the financial performance indicates serious operational challenges and a risky investment outlook.

Shrenik Ltd's latest results are concerning and indicate a troubling financial situation. The company reported a net loss of ₹0.20 crores for Q1 FY2027, which is a significant deterioration compared to the previous quarter and the same quarter last year. While revenue showed a modest year-on-year growth of 7.38%, it experienced a drastic sequential decline of 46.27% from the previous quarter. This volatility raises serious questions about the company's operational stability.<BR><BR>Additionally, Shrenik has a negative book value of ₹2.88 per share, indicating that it has completely eroded its equity capital, which is a critical red flag for investors. The promoter pledging at 99.94% adds to the risk, suggesting severe financial stress at the management level. <BR><BR>The overall financial performance reflects persistent operational challenges, with an operating margin of -10.06% and a profit after tax margin of -3.19%. The company has also underperformed significantly compared to the broader market, with its stock price declining by 42.11% over the past year.<BR><BR>Given these factors, the results can be classified as bad, and the investment outlook for Shrenik Ltd appears very risky.

Should I buy, sell or hold Shrenik Ltd?

What does Shrenik do?

Shrenik Ltd is a micro-cap company in the miscellaneous industry, originally established as 'Shree Shyam Corporation' and later as "Shrenik Tradelink." As of March 2026, it reported net sales of 12 Cr and a net profit of -1 Cr, with a market cap of INR 23 Cr.

Overview:<BR>Shrenik Ltd operates in the miscellaneous industry and is classified as a micro-cap company.<BR><BR>History:<BR>Shrenik Ltd was originally established as a proprietary firm named 'Shree Shyam Corporation' and later converted into a partnership firm known as "Shrenik Tradelink" on November 01, 2012. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 12 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 23 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 119.00<BR>- Industry P/E: 21<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.71<BR>- Return on Equity: -0.11%<BR>- Price to Book: -0.13<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

How big is Shrenik?

As of 10th June, Shrenik Ltd has a market capitalization of 23.00 Cr, with recent net sales of 35.69 Cr and a net profit of 0.19 Cr. The balance sheet for March 2025 shows shareholder's funds of -176.14 Cr and total assets of 1.40 Cr.

As of 10th June, Shrenik Ltd has a market capitalization of 23.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shrenik Ltd reported Net Sales of 35.69 Cr and a Net Profit of 0.19 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of -176.14 Cr and Total Assets of 1.40 Cr.

Who are in the management team of Shrenik?

The management team of Shrenik includes Shrenikbhai Vimawala (Chairman & Managing Director), Rishit Vimawala and Kaivan Vimawala (Whole-time Directors), and several Independent Directors: Devarsh Shah, Shalin Nainesh Kusumgar, Jalpika Joshi, and Kevin Maheshkumar Shah, along with Pooja Ronak Dhruve as Company Secretary & Compliance Officer.

The management team of Shrenik includes the following members:<BR><BR>1. **Shrenikbhai Vimawala** - Chairman & Managing Director<BR>2. **Rishit Vimawala** - Whole-time Director<BR>3. **Kaivan Vimawala** - Whole-time Director<BR>4. **Devarsh Shah** - Independent Director<BR>5. **Shalin Nainesh Kusumgar** - Independent Director<BR>6. **Jalpika Joshi** - Independent Director<BR>7. **Kevin Maheshkumar Shah** - Independent Director<BR>8. **Pooja Ronak Dhruve** - Company Secretary & Compliance Officer<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Shrenik?

Shrenik's peers include Sameera Agro, Infomedia Press, Lamosaic India, Agarwal Float, Madhya Prad. Tod, Inland Printers, Laffans Petroch, Unick Fix-A-Form, and Inani Marbles. Sameera Agro shows excellent management and growth, while Shrenik has below average management risk and capital structure, with a 1-year return of -38.71%.

Peers: The peers of Shrenik are Sameera Agro, Infomedia Press, Lamosaic India, Agarwal Float, Madhya Prad. Tod, Inland Printers, Laffans Petroch, Unick Fix-A-Form, and Inani Marbles.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sameera Agro, while Average management risk is found at Agarwal Float and Unick Fix-A-Form, and the rest have Below Average management risk. Growth is Excellent at Sameera Agro, Average at Agarwal Float and Madhya Prad. Tod, while Below Average growth is seen at Lamosaic India, Shrenik, Laffans Petroch, Inani Marbles, and the rest. Capital Structure is Excellent at Sameera Agro, Good at Lamosaic India and Madhya Prad. Tod, while Below Average capital structure is noted for Shrenik, Agarwal Float, Laffans Petroch, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Madhya Prad. Tod at 29.94%, while the lowest is Sameera Agro at -74.94%. Shrenik's 1-year return of -38.71% is better than Sameera Agro's but worse than Madhya Prad. Tod's. Additionally, Lamosaic India, Shrenik, Agarwal Float, Madhya Prad. Tod, Laffans Petroch, Unick Fix-A-Form, and Inani Marbles all have negative six-month returns.

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.

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%.

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.