Shish Industries Limited

Shish Industries Limited

SHISHIND.BO
Shish Industries LimitedIN flagBombay Stock Exchange
12.73
INR
-0.06
- -
4.41BMarket Cap
Shish Industries Limited
SHISHIND.BO
(Bombay Stock Exchange)

Recent

price

12.73

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
- -
0.03
0.13
0.18
0.28
0.38
0.55
1.49
1.64
6.49
3.17
3.19
- -
3.39
Revenue per Share
- -
- -
-0.01
- -
- -
0.02
0.03
0.03
0.07
0.09
0.64
0.3
0.24
- -
0.19
Basic EPS, GAAP
-0.01
-0.02
-0.09
- -
- -
-0.31
0.01
0.01
0.02
-0.26
-0.23
-0.89
-0.99
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.01
0.01
0.06
0.07
0.08
0.17
0.2
0.24
0.62
0.49
2.09
1.88
1.69
- -
1.06
Book Value per Share
0.01
0.01
0.06
0.07
0.08
0.26
0.29
0.33
0.62
0.57
3.3
2.2
2.28
- -
4.04
Tangible Book Value per Share
293
293
293
293
293
293
293
293
189
304
106
270
364
- -
396
Basic Weighted Avg Shares
- -
- -
9
37
52
83
110
160
283
500
685
857
1,163
1,344
1,344
Sales/Revenue/Turnover
- -
- -
-31.85
6.34
5.37
12.66
13.61
7.99
6.43
6.6
11.99
11.15
5.9
4.97
4.97
Operating Margin (%)
- -
- -
4
4
4
5
8
8
8
11
13
14
46
57
57
Depreciation Expense
- -
- -
-3
- -
1
6
9
10
13
26
68
80
87
73
75
Net Income, GAAP
- -
- -
- -
33.13
31.63
28.11
29.05
26.72
29.26
23.69
24.5
28.13
24.59
34.31
34.31
Effective Tax Rate (%)
- -
- -
-29.24
0.87
1.05
7.3
8.05
6.07
4.74
5.3
9.89
9.34
7.52
5.41
5.59
Profit Margin (%)
- -
-5
3
4
3
36
41
53
64
110
272
428
399
459
459
Working Capital
- -
- -
12
10
7
12
7
5
4
10
15
22
145
293
293
LT Debt
2
2
19
20
22
78
86
96
117
174
348
599
1,014
1,795
1,795
Total Equity
- -
- -
- -
3.8
4.37
10.09
9.71
8
10.15
13.4
17.55
11.19
4.8
2.37
2.37
Return on Invested Capital (%)
- -
- -
- -
4.66
5.22
12.21
13.46
13.21
14.05
17.06
27.12
18.22
17.35
12.28
12.84
Return on Capital (%)
- -
-7.56
-25.18
1.65
2.58
16.72
16.15
15.11
14.41
19.98
36.74
21.94
15.55
14.01
14.48
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
173
- -
195
LT Borrowings
287
- -
276
LT Finance Leases
17
- -
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
380
- -
422
Market Capitalization
3,629
7,094
5,055

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
839
- -
904
Cash, Cash Equivalents & STI
47
- -
101
Accounts Receivable, Net
268
- -
340
Inventories
291
- -
290
Total Current Liabilities
334
- -
445
Payables & Accruals
- -
- -
- -
ST Debt
173
- -
195
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
66.96%
73.37%
76.99%
Free Cash Flow
- -
-231.43%
69.58%
Net Income, GAAP
143.39%
52.75%
-16.86%
Sales/Revenue/Turnover
44.38%
38.03%
15.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
176
205
243
233
857
2025
231
226
350
355
1,163
2026
331
298
334
382
1,344

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.05
0.04
- -
0.3
2025
0.07
0.05
0.05
0.06
0.24
2026
0.07
0.05
0.03
0.04
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Shish Industries Limited manufactures and markets industrial packaging solutions, thermal insulation materials, polypropylene and polyethylene woven fabrics, and consumer products from its headquarters in Surat, Gujarat, India, where the company was founded in 2012. The company produces core products including flexible intermediate bulk containers, PP corrugated sheets and rolls, bubble wraps and roll sheets, dunnage bags, composite straps, pallet covers, tarpaulins, house wraps, lumber wraps, roof underlayment, geo-membranes, radiant barriers, and laminated fabrics such as paper PE/PP/EVA and aluminum laminations; it operates through specialized divisions Shish SmartPack for packaging and Shish SmartBuild for roofing, insulation, and geo-solutions, serving industries like logistics, automotive, agriculture, construction, chemicals, energy, and infrastructure with exports to global markets including a significant presence in the United States. In 2024, Shish Industries signed a five-year trade agreement with U.S.-based Best Construction Products Inc. for minimum exports valued at approximately Rs 313 crore, raised funds totaling Rs 51.26 crore through preferential allotment and convertible warrants, and acquired 100% of Dunnage Bag Private Limited along with a 76.67% stake in Interstar Polyfab Private Limited to bolster its packaging and polyfab capabilities; the company continues to expand production capacities and recently allotted equity shares from warrant conversions while forfeiting certain unpaid warrants in November 2025.