Shri Ram Switchgears Ltd (SRIRAM) — shareholding pattern, promoter holding, financials and share price
About Shri Ram Switchgears Ltd (SRIRAM)
Shri Ram Switchgears Ltd operates in the Heavy Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as SRIRAM and on the BSE under scrip code 538430. Its ISIN is INE634W01012.
Incorporated in 1985, Shri Ram Switchgears Ltd does engineering and manufacturing of Electrical Products [1]
Shri Ram Switchgears Limited is a manufacturer specializing in transformers, switchgears, and electrical components for power distribution and transmission systems.
The company undertakes turnkey projects, including installation and operation of power transmission lines, indicating a full-service approach in power infrastructure.
Listed peers in Heavy Electrical Equipment: Surana Solar Ltd, Accord Transformer & Switchgear Ltd, Tarapur Transformers Ltd, Auro Impex & Chemicals Ltd, IMP Powers Ltd.
Valuation & Returns
At ₹6.3 a share, Shri Ram Switchgears Ltd (SRIRAM) was valued at a price-to-earnings ratio of -2.21x against an industry P/E of 52.37x. Solomo computes return on equity of 12.79% and return on capital employed of -2.08% from filed results.
- P/E
- -2.21x
- Industry P/E
- 52.37x
- EPS (TTM)
- ₹-3.86
- Book value / share
- ₹-21.2
- ROE
- 12.79%
- ROCE
- -2.08%
- ROA
- -5.38%
- Debt / equity
- -2.83x
- Dividend yield
- 0%
- EBITDA margin
- -33.65%
- 52-week range
- ₹6.3 – ₹7.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2023In the year ended Mar 2023, Shri Ram Switchgears Ltd (SRIRAM) reported revenue of ₹2.47 crore, net profit of ₹-3.87 crore and earnings per share of ₹-3.87. That compares with revenue of ₹4.02 crore and net profit of ₹-16.83 crore in Mar 2022. Figures are standalone, as filed with the exchanges.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 26.81 | 20.76 | 7.83 | 4.02 | 2.47 |
| Net profit (₹ cr) | 0.77 | -2.97 | -16.81 | -16.83 | -3.87 |
| EPS (₹) | 0.77 | -2.97 | -16.79 | -16.81 | -3.87 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | -45.22% | -50.50% | -37.18% |
| Profit growth | - | - | 77.01% |
Ownership Summary
Sep 2023As of Sep 2023, promoters hold 60.81% of Shri Ram Switchgears Ltd (SRIRAM). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2018.
Largest disclosed public shareholders in Sep 2023: NILESH KUMAR JHALANI 137%, CHETNYA KUMAR JHALANI 63%, DEVRAJ JHALANI 15.15%, UMESH KUMAR JHALANI 15.01%, SAPNA JHALANI 11.28%, MANURAJ JHALANI 5.54%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Sep 2023 | 60.81% | - | - | - | - |
| Mar 2023 | 60.81% | - | - | - | - |
| Sep 2022 | 60.81% | - | - | - | - |
| Mar 2022 | 60.81% | - | - | - | - |
| Sep 2021 | 60.81% | - | - | - | - |
| Mar 2021 | 60.81% | - | - | - | - |
| Sep 2020 | 60.81% | - | - | - | - |
| Mar 2020 | 60.81% | - | - | - | - |