Shri Hare-Krishna Sponge Iron Limited

Shri Hare-Krishna Sponge Iron Limited (SHKSIL) is a micro-cap Metals & Mining company valued at ₹59 crore operating in Sponge Iron on the NSE and BSE.

Recent price move

Shri Hare-Krishna Sponge Iron Limited last traded at ₹30.5, up 3.39% on the day.

Financial performance

The company's business is shrinking, with annual revenue falling 17.2% and annual net profit dropping 32.6%. The latest quarter shows a sharper decline, with revenue down 35.6% and net profit plunging 64.9% compared to the same quarter a year earlier. Margins have also narrowed, with the net profit margin falling 2.1 percentage points to 9.3%.

Valuation multiples

The stock trades at 8.9 times earnings, 0.64 times book value.

Things to watch

The company has not paid any dividends despite reporting profits, which may signal financial constraints. The stock is 50.8% below its 52-week high, indicating a significant loss of value. Revenue and profit have been declining for multiple years, with a 3-year revenue CAGR of -10.9% and a 3-year profit CAGR of -16.2%.

Where it stands

The company is experiencing declining revenue and profit, with the latest quarter showing a sharp drop in both metrics. The stock is significantly below its 52-week high, and the company has not distributed any dividends to shareholders. The most significant movement is the steep decline in net profit, which fell 64.9% in the latest quarter.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.