1. India Stocks

  2. •

    Basic Materials

  3. •

    Gold
Shirpur Gold Refinery Ltd.

Shirpur Gold Refinery Ltd.

SHIRPUR-G.NS
Shirpur Gold Refinery Ltd.IN flagNational Stock Exchange of India
4.95
INR
- -
- -
158.21MMarket Cap
Shirpur Gold Refinery Ltd.
SHIRPUR-G.NS
(National Stock Exchange of India)

Recent

price

4.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
- -
- -
67.95
877.01
1,384.4
599.22
1,105.51
1,355.35
1,691.21
1,817.77
1,462.82
1,220.2
1,500.16
1,808.52
1,838.97
949.37
104.51
Revenue per Share
-11.32
-5.35
-7.6
-4.86
0.78
1.93
5.25
1.73
0.91
4.92
7.32
-48.24
-84.32
-33
-11.19
-35.74
-36.39
Basic EPS, GAAP
-0.65
-0.85
-4.44
9.99
18.15
-3.01
25.82
-27.54
33.51
71.2
-41.22
12.92
23.93
12.51
7.31
-34.23
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10
15.37
10
-5.95
-5.15
-3.24
1.84
3.57
4.54
9.43
16.75
-31.52
-115.84
-148.85
-160.06
10
- -
Book Value per Share
102.21
147.42
84.84
80
80.5
83.59
89.11
108.6
110.39
100.05
107.13
59.41
-25.2
-57.44
-66.44
-101.79
- -
Tangible Book Value per Share
16
19
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
Basic Weighted Avg Shares
- -
- -
1,980
25,547
40,467
17,443
32,212
39,491
49,277
52,965
42,623
35,553
43,710
52,695
53,574
27,663
3,052
Sales/Revenue/Turnover
- -
- -
-56.65
-0.23
0.82
2.32
2.17
1.69
0.79
0.92
0.98
-2.76
-4.8
-0.65
0.23
-1.9
-23.44
Operating Margin (%)
166
164
165
164
163
164
87
67
79
70
70
67
64
48
44
44
44
Depreciation Expense
-176
-101
-222
-142
23
56
153
50
26
143
213
-1,405
-2,457
-962
-326
-1,041
-1,063
Net Income, GAAP
- -
- -
- -
- -
- -
8.34
29
57.05
55.74
12.02
5.77
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
-11.19
-0.55
0.06
0.32
0.47
0.13
0.05
0.27
0.5
-3.95
-5.62
-1.82
-0.61
-3.76
-34.82
Profit Margin (%)
-48
-35
-6
50
481
803
1,296
1,408
1,524
1,609
2,174
151
-2,271
-2,931
-3,156
-4,159
- -
Working Capital
2,432
176
296
364
674
450
946
492
486
839
1,127
450
450
450
450
450
- -
LT Debt
1,591
2,795
2,472
2,330
2,353
2,433
2,596
3,166
3,218
3,368
3,604
2,254
-226
-1,147
-1,366
-2,387
- -
Total Equity
- -
- -
- -
- -
- -
11.52
12.71
4.05
1.83
5.17
4.73
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
25
19.95
3.4
0.61
4.93
6.74
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-113.23
-45.38
-76.05
- -
- -
- -
- -
64.02
22.35
70.43
55.89
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
6,424
- -
LT Borrowings
- -
450
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
29
- -
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
2,276
- -
Cash, Cash Equivalents & STI
- -
38
- -
Accounts Receivable, Net
- -
1,893
- -
Inventories
- -
7
- -
Total Current Liabilities
- -
6,922
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,424
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.64%
70.88%
74.81%
Free Cash Flow
-213.71%
-140.74%
-568.25%
Net Income, GAAP
-4.27%
-118.38%
219.45%
Sales/Revenue/Turnover
10.02%
-3.96%
-48.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
15,133
12,212
12,212
13,792
53,574
2024
11,022
7,886
5,704
3,052
27,663
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-1.99
-3.21
-3.21
- -
-11.19
2024
-2.57
-1.92
-3.17
- -
-35.74
2025
-5.07
-2.26
-1.06
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Similar Companies
Galantas Gold Corporation (GALKF)
Troy Minerals Inc. (TROY.CN)
International Tower Hill Mines Ltd. (ITH.TO)
Opawica Explorations Inc. (OPWEF)
Krakatoa Resources Limited (KTA.AX)
Ionic Rare Earths Limited (IXRRF)
Business
Shirpur Gold Refinery Ltd (SHIRPUR-G.NS), founded in 1984 and headquartered in Mumbai, Maharashtra, India, operates as an India-based precious metals company primarily engaged in refining gold and silver from raw Dore to 99.99% purity marketable products including gold and silver bars in denominations of 25g, 50g, 100g and 1kg at 995 and 999 fineness, gold and silver coins, and gold jewelry under the Zee Gold brand; it also manufactures and exports jewelry while planning industrial value-added products for domestic and international markets through its refinery in Shirpur, Maharashtra, with an annual capacity of 217 metric tonnes each for gold and silver. The company maintains subsidiaries such as Shirpur Gold DMCC in Dubai, Precious Metals Mining and Refining Ltd in Papua New Guinea, and Metalli Exploration and Mining Ltd in Mali, with exports to UAE and Hong Kong via channel partners. Amid ongoing Corporate Insolvency Resolution Process (CIRP) proceedings, it reports committee of creditors meetings through 2025 including the 21st on September 11 and financial results for quarters ended December 2024 and March 2024 showing net sales declines, while CARE Ratings reaffirms long-term bank facilities at CARE D due to issuer non-cooperation as of July 2025.