Shrenik Limited (IN:SHRENIK)
:SHRENIK
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Shrenik Limited
(SHRENIK)
Select Model
Select Model
Rating:38Underperform
Price Target:
₹0.39
▼(-10.45% Downside)
Action:DowngradedDate:01/21/26
The score is primarily constrained by very weak financial performance (losses, negative equity, and deteriorating cash flow). Technicals also reflect a sustained downtrend (price below key moving averages and negative MACD), while valuation remains unfavorable with a very high P/E and no dividend support.
Positive Factors
Diversified textile business model
Operating both trading and processing lines creates durable business flexibility: trading provides market access and inventory turnover while processing captures value‑added margins. This dual model supports multiple B2B revenue channels and reduces dependence on a single activity over months.
Negative Factors
Negative shareholders' equity / solvency risk
Negative shareholders' equity is a structural red flag: liabilities exceed assets, impairing solvency and restricting borrowing capacity. Over a multi‑month horizon this limits financial flexibility, raises refinancing risk, and can force asset sales or restructuring if cash needs persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified textile business model
Operating both trading and processing lines creates durable business flexibility: trading provides market access and inventory turnover while processing captures value‑added margins. This dual model supports multiple B2B revenue channels and reduces dependence on a single activity over months.
Read all positive factors
Shrenik Limited (SHRENIK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹238.68M
Dividend YieldN/A
Average Volume (3M)1.23M
Price to Earnings (P/E)6.7
Beta (1Y)0.51
Revenue Growth-3.26%
EPS GrowthN/A
CountryIN
Employees4
SectorConsumer Defensive
Sector Strength42
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)0.02
Shares Outstanding612,000,000
10 Day Avg. Volume762,223
30 Day Avg. Volume1,225,823
Financial Highlights & Ratios
PEG Ratio4.25
Price to Book (P/B)-0.22
Price to Sales (P/S)2.10
P/FCF Ratio-296.21
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 engages in the trading and processing of paper, pulp, paperboards, etc. in Gujarat, Rajasthan, and Maharashtra. It offers printing and writing papers, and other specialty papers; and coated paper, uncoated maplitho paper, copier pa...
How the Company Makes Money
Shrenik Limited generates revenue through multiple streams, including the sale of manufactured goods, wholesale distribution, and export activities. The company's primary revenue comes from its textile division, which supplies fabrics and garments...
Shrenik Limited Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
25
Negative
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 237.31M | 181.00M | 341.95M | 485.56M | 638.16M | 3.64B |
| Gross Profit | -8.23M | 2.64M | -1.08B | -808.51M | 50.75M | 183.86M |
| EBITDA | 189.00K | -297.00K | -2.47B | 41.60M | 36.54M | 178.34M |
| Net Income | 1.62M | -894.00K | -2.36B | 2.29M | -143.89M | -14.84M |
Balance Sheet | ||||||
| Total Assets | 37.09M | 15.85M | 28.56M | 2.64B | 3.59B | 3.54B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01M | 1.01M | 10.02M | 146.32K | 260.17K | 15.72M |
| Total Debt | 1.24B | 1.23B | 1.25B | 1.46B | 1.98B | 1.76B |
| Total Liabilities | 1.80B | 1.78B | 1.79B | 2.04B | 3.00B | 2.80B |
| Stockholders Equity | -1.76B | -1.76B | -1.76B | 594.63M | 592.34M | 735.44M |
Cash Flow | ||||||
| Free Cash Flow | -5.06M | -1.28M | 208.22M | 46.84T | -76.59M | 268.55M |
| Operating Cash Flow | -5.06M | -1.28M | 208.29M | 46.85T | -76.55M | 268.71M |
| Investing Cash Flow | 394.00K | 22.00K | 23.02M | 19.67M | 66.04M | 33.18M |
| Financing Cash Flow | 4.67M | -7.75M | -221.43M | -488.31M | -4.95M | -324.63M |
Shrenik Limited Technical Analysis
Negative
0.44
Price Trends
0.40
Negative
0.45
Negative
0.50
Negative
Market Momentum
>-0.01
Negative
45.49
Neutral
63.33
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 0.44 is above the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.40, and below the 200-day MA of 0.50, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.49 is Neutral, neither overbought nor oversold. The STOCH value of 63.33 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 (62)
IN:SHRENIK
Shrenik Limited
0.39
-0.33
-45.83%
IN:KANANIIND
Kanani Industries Limited
1.76
-0.43
-19.63%
IN:KGDENIM
KG Denim Ltd.
14.43
-0.82
-5.38%
IN:MFML
Mahalaxmi Fabric Mills Limited
23.19
-6.70
-22.42%
IN:MORARJEE
Morarjee Textiles Limited
7.89
2.66
50.86%
IN:SVPGLOB
SVP Global Textiles Limited
2.65
-0.15
-5.36%
Shrenik Limited Corporate Events
Shrenik Files SEBI Demat Compliance Certificate for June 2025 Quarter
Mar 7, 2026
Shrenik Limited has submitted to the stock exchange a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2025, as provided by its registrar and share transfer...
Shrenik Limited files SEBI depository compliance certificate for September 2025 quarter
Mar 7, 2026
Shrenik Limited has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2025, as confirmed by its registrar and share transfer agent MUFG Intime...
Shrenik Limited Files SEBI Dematerialisation Compliance Certificate for Q4 2025
Mar 7, 2026
Shrenik Limited has disclosed that it has received the required compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025, issued by its registrar and share t...
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.