Top Page
Shah Metacorp Ltd
(SHAH)
Shah Metacorp Ltd (SHAH) vs. iShares MSCI India ETF (INDA)
Shah Metacorp Ltd Business Overview & Revenue Model
Shah Metacorp Ltd Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 1.76B | 967.49M | 398.69M | 200.03M |
| Gross Profit | 150.43M | 64.27M | -15.13M | -22.87M |
| EBITDA | 390.03M | 79.35M | 29.55M | 45.24M |
| Net Income | 326.00M | 42.63M | 16.54M | -56.32M |
Balance Sheet | ||||
| Total Assets | 1.98B | 1.38B | 1.20B | 870.37M |
| Cash, Cash Equivalents and Short-Term Investments | 2.23M | 3.39M | 286.41M | 3.33M |
| Total Debt | 177.48M | 365.36M | 674.76M | 790.93M |
| Total Liabilities | 327.45M | 806.49M | 1.03B | 1.18B |
| Stockholders Equity | 1.65B | 574.22M | 176.70M | -314.57M |
Cash Flow | ||||
| Free Cash Flow | -567.94M | -328.31M | -70.47M | -213.46M |
| Operating Cash Flow | -468.40M | -324.01M | -3.36M | -213.28M |
| Investing Cash Flow | -98.63M | -3.23M | -66.31M | 1.15M |
| Financing Cash Flow | 565.87M | 44.22M | 352.75M | 213.86M |
Shah Metacorp Ltd Technical Analysis
Shah Metacorp Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹3.10B | 10.83 | ― | ― | 5.07% | 409.07% | |
66 Neutral | ₹4.79B | 30.39 | ― | ― | 14.91% | -73.10% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
54 Neutral | ₹1.80B | 9.02 | ― | ― | 4.81% | 17.58% | |
49 Neutral | ₹2.22B | -5.10 | ― | ― | -12.75% | -809.36% | |
48 Neutral | ₹2.13B | -57.59 | ― | ― | ― | ― | |
45 Neutral | ₹2.33B | 28.26 | ― | ― | 45.17% | ― |
Shah Metacorp Ltd Corporate Events
Shah Metacorp Limited’s board has approved a rights issue of fully paid-up equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with the detailed terms—such as issue price, entitlement ratio, record date and payment structure—to be set later by a reconstituted Rights Issue Committee. The board also cleared a series of related measures, including investing up to USD 100,000 for up to a 50% stake in Shah Metacorp Holdings USA Inc, allowing conversion of a loan from promoter-director Mona Shah into equity under the rights issue subject to shareholder approval, sanctioning related party transactions for both the U.S. investment and working capital loans of up to Rs 100 crore, and initiating a postal ballot process to secure shareholder consent, signalling a broader capital restructuring and international expansion strategy.
Shah Metacorp Limited’s board has approved a rights issue of fully paid equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with key terms such as issue price, entitlement ratio and record date to be finalized and announced later. The board also reconstituted its Rights Issue Committee, cleared the appointment of intermediaries for the issue, and approved modifications to an existing loan agreement with Director and promoter Mona Viral Shah to allow conversion of her loan into equity under the proposed rights issue, classifying it as a related-party transaction. In addition, the board sanctioned an investment of up to USD 100,000 for up to 50% shareholding in Shah Metacorp Holdings USA Inc., along with approval for related-party transactions including potential working capital loans of up to Rs 100 crore to the US entity, and initiated the postal ballot process by appointing a scrutinizer and approving the draft notice for shareholder approval. These moves collectively indicate a capital restructuring and international expansion strategy aimed at strengthening the company’s balance sheet, aligning promoter funding with equity, and supporting overseas growth through its US holding company.
Shah Metacorp Limited’s board has approved a rights issue of fully paid equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with key terms such as issue price, entitlement ratio and record date to be set by a designated Rights Issue Committee and disclosed later. In parallel, the board reconstituted this committee under Executive Director Mona Viral Shah, cleared an investment of up to USD 100,000 for up to 50% equity in Shah Metacorp Holdings USA Inc over FY 2025-26 and 2026-27, and authorized related-party transactions including conversion of a director-promoter’s loan into equity via the rights issue and provision of up to Rs 100 crore in working capital loans to the U.S. subsidiary. The board also approved appointment of intermediaries for the rights issue, modifications to a prior loan agreement to enable loan-to-equity conversion, and procedural steps such as appointing a scrutinizer and finalizing a postal ballot notice, signaling a coordinated capital-raising and international expansion strategy with governance approvals routed through shareholder consent.
Shah Metacorp Limited’s board has approved a rights issue of fully paid equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with final terms such as issue price, entitlement ratio, record date and payment structure to be set by a reconstituted Rights Issue Committee. The board also cleared a series of related party and strategic funding decisions, including an investment of up to USD 100,000 for up to 50% shareholding in Shah Metacorp Holdings USA Inc, approval for up to Rs 100 crore in working capital loans to the US entity, and the conversion of a loan from director-promoter Mona Shah into equity under the proposed rights issue, all subject to shareholder approval via postal ballot. These moves collectively signal a capital-raising and restructuring push aimed at strengthening the company’s balance sheet, supporting overseas expansion, and formalizing key related party arrangements, with governance steps such as appointment of intermediaries, a scrutinizer and postal ballot procedures put in place to complete the process.
Shah Metacorp Limited’s board has approved a rights issue of fully paid-up equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with key terms such as issue price, entitlement ratio, record date and payment structure to be set by a reconstituted Rights Issue Committee and disclosed later. The board also cleared an investment of up to USD 100,000 for up to 50% equity in Shah Metacorp Holdings USA Inc, approved the appointment of intermediaries for the rights issue, and sanctioned several related-party transactions, including converting a loan from director-promoter Mona Shah into equity under the proposed rights issue and providing up to Rs 100 crore in working capital loans to the U.S. arm, with these measures to be implemented via a postal ballot process overseen by an appointed scrutinizer.
Shah Metacorp Limited’s board has approved a rights issue of fully paid-up equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with detailed terms such as issue price, entitlement ratio, record date and payment structure to be set by a reconstituted Rights Issue Committee and disclosed later. The board also cleared a series of governance and capital allocation measures, including reconstitution of the Rights Issue Committee, appointment of intermediaries, approval of related-party transactions to allow conversion of a promoter-director loan into equity under the rights issue, and approval of investments of up to USD 100,000 and additional working capital support of up to Rs 100 crore for Shah Metacorp Holdings USA Inc., along with postal ballot processes to seek shareholder approval, indicating a planned strengthening of capital structure and expansion of the group’s international footprint.
Shah Metacorp Limited’s board has approved raising up to Rs 50 crore through a rights issue of fully paid equity shares of face value Re 1 each, with key terms such as issue price, entitlement ratio, record date and payment structure to be finalized by a dedicated rights issue committee and disclosed later. The board also reconstituted this committee, cleared an investment of up to USD 100,000 for acquiring up to 50% shareholding in Shah Metacorp Holdings USA Inc., and sanctioned several related-party transactions, including the potential conversion of a loan from director-promoter Mona Shah into equity under the rights issue and provision of up to Rs 100 crore in working capital loans to the US entity, all subject to shareholder approval via postal ballot and necessary regulatory clearances, signaling an effort to strengthen the balance sheet and support international expansion.
Shah Metacorp Limited’s board has approved a rights issue of up to Rs 50 crore in fully paid equity shares of face value Re 1 each, to be offered to existing shareholders on a record date to be announced, with detailed terms such as issue price, entitlement ratio and timing to be finalized by a reconstituted Rights Issue Committee. The board also cleared several related actions, including appointment of intermediaries for the rights issue, approval for up to 50% equity investment and working capital loan facilities for its U.S. subsidiary Shah Metacorp Holdings USA Inc., and related-party transactions that allow conversion of a loan from director-promoter Mona Shah into equity under the proposed rights issue, all of which signal efforts to strengthen the company’s capital structure and support international expansion, subject to shareholder and regulatory approvals.
Shah Metacorp Limited’s board has approved a rights issue of fully paid equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with specific terms such as pricing, entitlement ratio, record date and payment structure to be finalized by a reconstituted Rights Issue Committee. The board also cleared several related-party transactions and strategic moves, including investing up to USD 100,000 for up to 50% equity in Shah Metacorp Holdings USA Inc, permitting conversion of a director-promoter’s loan into equity under the rights issue (subject to shareholder approval), sanctioning related-party investments and working capital loans up to Rs 100 crore, and initiating a postal ballot process, signalling a broader capital restructuring and international expansion strategy likely to affect promoter holdings and the group’s funding structure.
Shah Metacorp Limited’s board has approved a rights issue of fully paid equity shares with a face value of Re 1 each to raise up to Rs 50 crore from existing shareholders, with detailed terms such as issue price, entitlement ratio, record date and payment structure to be finalized and announced later. The board reconstituted its Rights Issue Committee, cleared the appointment of intermediaries for the capital raise, and approved multiple related-party transactions, including the potential conversion of a loan from director and promoter Mona Viral Shah into equity under the rights issue, subject to shareholder and regulatory approvals. In a parallel move to expand its international footprint, the company sanctioned an investment of up to USD 100,000 to acquire up to 50% shareholding in Shah Metacorp Holdings USA Inc over FY 2025-26 and FY 2026-27, along with approval for related-party transactions covering both this investment and a working capital loan facility of up to Rs 100 crore to the US entity. The board also finalized procedural steps for a postal ballot, including appointment of a scrutinizer and approval of the ballot notice, indicating that key aspects of the capital restructuring and related-party arrangements will be put before shareholders for approval, potentially reshaping the company’s capital structure and governance dynamics while supporting its overseas growth plans.
Shah Metacorp Ltd has disclosed that Tejomay Exim Corporation has filed an application against the company before the National Company Law Tribunal (NCLT) in Ahmedabad under Section 9 of the Insolvency and Bankruptcy Code, 2016. The company stated that the expected financial implications and the quantum of claims arising from this litigation have not yet been determined, leaving investors and other stakeholders without clarity for now on the potential impact on Shah Metacorp’s financial position.
Shah Metacorp Ltd has announced that its trading window for dealing in the company’s securities will be closed for designated persons and their immediate relatives from December 22, 2025, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s own code of conduct. The blackout period will remain in force until 48 hours after the company announces its unaudited financial results for the quarter and nine months ended December 31, 2025, with the date of the board meeting to approve these results to be communicated in due course, signaling the start of the next financial disclosure cycle for investors and other market participants.
Shah Metacorp Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. The financial results, reviewed by M/s. Ashok Dhariwal & Co., include a statement of assets and liabilities and a cash flow statement, reflecting the company’s financial health and operational performance. This disclosure is part of the company’s compliance with SEBI regulations, and the results are available on the company’s website.
Shah Metacorp Ltd has received listing approval from both the Bombay Stock Exchange and the National Stock Exchange for a total of 25,583,219 equity shares. This approval is significant for the company as it involves the issuance of shares to both promoters and non-promoters on a preferential basis, enhancing its equity base and potentially strengthening its market position.
Shah Metacorp Limited has announced that it has received listing approval from both BSE Limited and the National Stock Exchange for the issuance of 3,55,00,000 equity shares. These shares were allocated following the conversion of warrants issued on a preferential basis. This development marks a significant step for Shah Metacorp in enhancing its market presence and capital structure, potentially impacting its financial stability and attractiveness to investors.
Shah Metacorp Limited announced the successful conclusion of its 26th Annual General Meeting held on September 30, 2025, via video conferencing. All resolutions proposed during the meeting were approved by the shareholders with the requisite majority, as detailed in the scrutinizer’s report submitted to the Bombay Stock Exchange and the National Stock Exchange of India. This approval signifies strong shareholder support for the company’s strategic direction and operational decisions.
Shah Metacorp Limited recently conducted its 26th Annual General Meeting (AGM) on September 30, 2025, utilizing video conferencing and other audio-visual means. The meeting, which lasted for approximately 27 minutes, included provisions for remote e-voting for shareholders on proposed resolutions, both prior to and during the AGM. The company plans to publish the detailed voting results on its website, ensuring transparency and accessibility for its stakeholders.