Want to see IN:SHRENIK full AI Analyst Report?
Top Page
Shrenik Limited
(SHRENIK)
Select Model
Select Model
Rating:39Underperform
Price Target:
₹0.28
▼(-13.94% Downside)
Action:Downgraded
Date:08/19/26
The score is held down primarily by high financial risk (negative equity with high leverage and weak/volatile cash generation) and bearish technical momentum (below all major moving averages with very weak RSI/Stoch). The FY2026 revenue and profitability rebound provides only limited support due to extremely thin margins and poor cash conversion, while valuation is difficult to assess given the negative P/E and no stated dividend yield.
Positive Factors
Revenue Rebound
The substantial FY2026 revenue recovery indicates renewed business activity and customer demand after a weaker period. Sustaining this higher revenue base could improve operating leverage, although the benefit remains limited until margins and cash conversion strengthen.
Negative Factors
Severely Stressed Balance Sheet
Persistent negative equity and substantial debt materially weaken solvency and financial flexibility. The mismatch between very small reported assets and high debt increases refinancing and creditor risk, potentially restricting investment and making recovery dependent on external support.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
The substantial FY2026 revenue recovery indicates renewed business activity and customer demand after a weaker period. Sustaining this higher revenue base could improve operating leverage, although the benefit remains limited until margins and cash conversion strengthen.
Read all positive factors
Shrenik Limited (SHRENIK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹177.48M
Dividend Yield0.43%
Average Volume (3M)489.16K
Price to Earnings (P/E)―
Beta (1Y)0.22
Revenue Growth77.46%
EPS Growth-950.00%
CountryIN
Employees4
SectorGeneral
Sector StrengthN/A
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding612,000,000
10 Day Avg. Volume369,351
30 Day Avg. Volume489,162
Financial Highlights & Ratios
PEG Ratio-0.37
Price to Book (P/B)-0.11
Price to Sales (P/S)0.53
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Shrenik Limited Business Overview & Revenue Model
Company Description
Shrenik Limited is an Indian enterprise primarily involved in the trading and conversion of a wide range of paper, pulp, and paperboard goods. Its business activities extend across the Indian states of Gujarat, Rajasthan, and Maharashtra. The comp...
How the Company Makes Money
null...
Shrenik Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 360.69M | 181.00M | 341.95M | 485.56M | 638.16M |
| Gross Profit | 5.22M | 2.64M | -1.08B | -808.51M | 50.75M |
| EBITDA | 851.00K | -297.00K | -2.47B | 41.60M | 36.54M |
| Net Income | 1.64M | -894.00K | -2.36B | 2.29M | -143.89M |
Balance Sheet | |||||
| Total Assets | 56.08M | 15.85M | 28.56M | 2.64B | 3.59B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01M | 1.01M | 10.02M | 146.32K | 260.17K |
| Total Debt | 1.25B | 1.23B | 1.25B | 1.46B | 1.98B |
| Total Liabilities | 1.82B | 1.78B | 1.79B | 2.04B | 3.00B |
| Stockholders Equity | -1.76B | -1.76B | -1.76B | 594.63M | 592.34M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -1.28M | 208.22M | 46.84T | -76.59M |
| Operating Cash Flow | -11.27M | -1.28M | 208.29M | 46.85T | -76.55M |
| Investing Cash Flow | 4.00K | 22.00K | 23.02M | 19.67M | 66.04M |
| Financing Cash Flow | 11.26M | -7.75M | -221.43M | -488.31M | -4.95M |
Shrenik Limited Technical Analysis
Negative
0.33
Price Trends
0.32
Negative
0.35
Negative
0.40
Negative
Market Momentum
>-0.01
Negative
36.65
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHRENIK, the sentiment is Negative. The current price of 0.33 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.32, and below the 200-day MA of 0.40, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 36.65 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SHRENIK.
Shrenik Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | ₹2.04B | 15.54 | ― | 2.87% | 20.53% | ― | |
57 Neutral | ₹36.15B | 36.66 | ― | 0.17% | 14.32% | 13.11% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | ₹1.44B | 1,059.88 | ― | 0.71% | -3.07% | -103.41% | |
48 Neutral | ₹159.50B | 54.78 | ― | 0.14% | 23.39% | 43.60% | |
46 Neutral | ₹18.82B | 279.27 | ― | 0.33% | 11.58% | -69.11% | |
39 Underperform | ₹177.48M | -138.10 | ― | 0.43% | 77.46% | -950.00% |
* General Sector Average
IN:SHRENIK
Shrenik Limited
0.29
-0.21
-42.00%
IN:ARCHIDPLY
Archidply Industries Limited
102.60
-0.76
-0.74%
IN:CENTURYPLY
Century Plyboards (India) Ltd.
717.90
-93.65
-11.54%
IN:GREENPANEL
Greenpanel Industries Ltd
153.45
-153.90
-50.07%
IN:GREENPLY
Greenply Industries Ltd
289.45
-37.23
-11.40%
IN:WIPL
Western India Plywoods Ltd.
169.58
2.76
1.65%
Shrenik Limited Corporate Events
Shrenik Limited AGM Clears FY25 Accounts and Strengthens Board Oversight
Jun 20, 2026
Shrenik Limited held its 13th Annual General Meeting on 20 June 2026, confirming a valid quorum and noting that both the statutory and secretarial audit reports for the year ended 31 March 2025 contained no qualifications or adverse remarks. The b...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.