Shilp Gravures Limited

Shilp Gravures Limited

129.45
INR
-10.75
(-7.67%)
10.78EPS
15.19P/E
1.01BMarket Cap
Shilp Gravures Limited
BSE:SHILGRAVQ
(Bombay Stock Exchange)

Recent

price

129.45

P/E

ratio

15.19

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
81.29
92.73
98.16
98.23
93.21
98.92
103.78
108.37
118.57
112.32
110.3
117.02
136.75
135.75
140.25
144.61
159.38
Revenue per Share
5.43
8.53
8.97
4.04
6.17
4.93
11.56
11.44
12.54
1.41
16.7
12.87
12.7
18.57
6.04
11.38
10.78
Basic EPS, GAAP
12.58
6.66
2.34
3.39
10.14
27.26
15.65
0.27
4.34
-8.21
17.69
1.39
17.34
0.8
10.15
-54.94
- -
Free Cash Flow per Basic Share
1.46
1.45
1.5
1.5
1.2
1.2
1.2
1.5
4
3
- -
1.8
1.8
2.1
2.1
2.1
- -
Dividend per Share
48.32
55.1
62.31
64.95
68.62
77.51
87.47
97.04
104.55
102.23
119.04
130.33
141.31
157.66
161.18
170.63
- -
Book Value per Share
43.09
51.67
60.68
64.8
68.48
77.51
87.47
97.04
104.55
100
116.81
128.1
139.08
155.43
158.95
168.4
- -
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Basic Weighted Avg Shares
500
570
604
604
573
608
638
666
729
691
678
720
841
835
863
889
982
Sales/Revenue/Turnover
13.95
16.28
15.64
11.29
14.3
15.9
15.02
12.22
11.67
8.65
11.06
9.82
13.42
8.18
2.23
10.81
12.81
Operating Margin (%)
63
58
62
66
65
61
61
66
69
61
54
49
48
48
55
55
58
Depreciation Expense
33
52
55
25
38
30
71
70
77
9
103
79
78
114
37
70
66
Net Income, GAAP
28.37
29.01
27.87
51.41
26.12
43.38
27.11
17.29
14.99
59.23
16.35
21.4
26.96
23.01
17.23
18.99
18.47
Effective Tax Rate (%)
6.68
9.2
9.13
4.12
6.61
4.98
11.14
10.55
10.58
1.26
15.14
10.99
9.29
13.68
4.3
7.87
6.77
Profit Margin (%)
143
20
31
34
32
100
181
231
288
169
264
278
359
432
483
440
- -
Working Capital
207
57
101
119
65
14
11
45
65
70
16
12
8
6
5
3
- -
LT Debt
297
342
387
400
424
477
538
597
643
629
732
801
869
970
991
1,049
- -
Total Equity
6.45
10.54
10.44
3.76
7.82
5.3
11.45
10.4
10.3
2.98
8
7.31
9.49
5.48
2
5.32
- -
Return on Invested Capital (%)
6.45
10.41
10.35
6.77
8.83
6.84
13.14
11.83
11.78
1.8
13.92
10.04
9.31
12.29
4
7.07
- -
Return on Capital (%)
11.71
16.5
15.27
6.35
9.23
6.74
14.01
12.4
12.44
1.37
15.09
10.32
9.35
12.42
3.79
6.86
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
3
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
1,307
813
1,007

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
523
- -
Cash, Cash Equivalents & STI
- -
285
- -
Accounts Receivable, Net
- -
170
- -
Inventories
- -
60
- -
Total Current Liabilities
- -
83
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.33%
7.52%
5.87%
Free Cash Flow
223.98%
298.56%
-641.11%
Net Income, GAAP
117.95%
8.59%
88.44%
Sales/Revenue/Turnover
4.03%
5.73%
3.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
228
240
215
232
863
2026
248
259
232
240
889
2027
252
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.68
4.62
-2.99
-1.31
6.04
2026
6.02
2.87
2.17
0.31
11.38
2027
5.45
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.1
2026
- -
- -
- -
- -
2.1
2027
- -
- -
- -
- -
- -
Business
Shilp Gravures Limited (Ticker: SHILGRAVQ.BO) manufactures and supplies precision rotogravure cylinders for the flexible packaging industry worldwide. The company produces base cylinders in steel and copper, electromechanical engraving cylinders, and etching cylinders; it also offers ancillary services such as cylinder etching, engraving, chrome plating, and printing cylinder maintenance and refurbishment. Shilp Gravures operates primarily from its manufacturing facilities in India, serving packaging converters in sectors including flexible films, laminates, and labels, with exports to Europe, the Middle East, and Asia. Founded in 1989 and headquartered in Ahmedabad, Gujarat, India, the company focuses on high-precision gravure printing solutions for food, beverage, pharmaceutical, and consumer goods packaging. Its product portfolio includes specialized cylinders for high-speed printing presses, ensuring durability and print quality; services extend to cylinder storage, transportation, and customization for specific substrate materials like PET, BOPP, and PVC films. Shilp Gravures maintains a customer base of leading packaging firms, emphasizing technical support and rapid turnaround times. In recent developments, Shilp Gravures expanded production capacity through installation of advanced etching and engraving equipment in 2024, enhancing output for electromechanical cylinders amid rising demand for sustainable packaging solutions. The company secured a strategic partnership with a European packaging machinery leader in early 2025 to co-develop hybrid cylinders compatible with digital-hybrid printing systems. Additionally, Shilp Gravures completed a funding round via qualified institutional placement in late 2024, bolstering working capital for market expansion into Southeast Asia.