1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Shilp Gravures Limited

Shilp Gravures Limited

138.88
INR
-4.67
(-3.25%)
10.78EPS
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
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
- -
Dividend per Share
1.5
1.2
1.2
1.2
1.5
4
3
- -
1.8
1.8
2.1
2.1
2.1
- -
Book Value per Share
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
- -
Tangible Book Value per Share
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
- -
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
604
573
608
638
666
729
691
678
720
841
835
863
889
982
Operating Margin (%)
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
Depreciation Expense
66
65
61
61
66
69
61
54
49
48
48
55
55
58
Net Income, GAAP
25
38
30
71
70
77
9
103
79
78
114
37
70
66
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
34
32
100
181
231
288
169
264
278
359
432
483
440
- -
LT Debt
119
65
14
11
45
65
70
16
12
8
6
5
3
- -
Total Equity
400
424
477
538
597
643
629
732
801
869
970
991
1,049
- -
Return on Invested Capital (%)
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 Capital (%)
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 Common Equity (%)
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
- -

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
- -
- -
- -

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
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Roshan Harshvadan Shah
Full Time Employees
253
Sector
Producer manufacturing
Industry
Industrial machinery
Address
778/6, Pramukh Industrial Estate Ahmedabad GU India 382 722
IPO Date
Nov 24, 1994
Website
shilpgravures.com
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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.