Announcement
Announcement under Regulation 30 (LODR)-Acquisition 21 Sep - Board approved up to 69% investment in proposed Shekhawati New Energy LLP for solar and green energy.
Source: Bse
Shekhawati Industries Limited (SHEKHAWATI)
Small CapConsumer stocks · Small cap · NSE
Shekhawati Industries Limited operates in Retail / E-Commerce, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals01 Oct 2026 · screener
Latest result16 Aug, 01:22 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
53NeutralSMA20 +42.5% / mo · MACD − · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 64
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SHEKHAWATID candles · FIT view+35.0%Latest close ₹23.57 on 2026-10-19
Bar
+1.6%
RSI
52
MACD hist
-0.82
52W pos
60%
2026-10-19O ₹23.19H ₹23.57L ₹23.19C ₹23.57Vol 35,760 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SHEKHAWATINifty Consumer DurablesNifty 500
- SHEKHAWATI
- +85.3%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +90.9 pp
Chart stats
19 Oct 2026- From 52W high
- -29.1%
- 52W range position
- 60%
- ATR (14)
- 5.8%
- Volume vs 20D
- 0.52x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹19.4 - ₹33.3
₹33.3
₹9.1 - ₹33.3
₹1.4
Latest completed session
20-session average
79.3% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · UNDERVALUED67
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad17
Revenue -49.0% · PAT +126.7% YoY
Technical
Neutral53
Price trend and sector-relative-strength timing.
Valuation
Legacy model+80.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence70
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 17/100Rev -49% YoY · margin compression · PAT +127% YoY · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1.5 Cr | -49.0% | -81.6% |
| EBITDA | ₹-1.2 Cr | -167.6% | -127.8% |
| Operating margin | -79.1% | -13875 bps | -13143 bps |
| PAT | ₹6.4 Cr | +126.7% | +37.6% |
| PAT margin | 416.3% | +32267 bps | +36062 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 8.83
- P/B
- 4.97
- EV/EBITDA
- 18.33
- Market Cap
- 109.00Cr
Profitability
- ROE
- 49.10%
- ROCE
- 47.30%
- ROA
- 37.50%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -11.00%
- EPS 5Y
- 22.00%
- Revenue 3Y
- -62.00%
- EPS 3Y
- 34.00%
Balance Sheet
- Debt/Equity
- 0.05
- Interest Coverage
- —
- Altman Z
- 6.71
- Book Value
- 6.38
Cash Flow
- FCF Yield
- 1.83%
- FCF Positive Y
- 7/5
- OCF
- -8.00 Cr
- EPS TTM
- 3.58
Shareholding
- Promoter Hold
- 64.09%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 98%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 16.0-73.8% vs prev
Net Profit
₹ CrLatest: 9.0+50.0% vs prev
Return on Equity
%Latest: 40.9-11.4% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 52.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~29.8% over last month) — short-term momentum positive.
- RSI(14) at 52 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 29% off 52W high · 158% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
90
RS percentile
Stage 2 UptrendEstablished S2
1M return
+9.7%
3M return
+85.3%
6M return
+77.2%
1Y return
+14.4%
RS 1D
+4
RS 20D
+6
Sector rank
#9
Industry rank
#22
Stage evidence
- Price is 47.2% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +12.0%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
31 Aug 2026
S2 age
34 trading sessions
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 113.41+6.07%
RS vs Nifty 500113
Valuation & peers
U-Score 67 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 67 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation22/30
Growth20/25
Quality20/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
4/9 (+1)
Penalties
-9
Raw sum
67
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
67/100 · legacy band UNDERVALUED
Positive drivers
- Fair-value margin of safety is positive at 80.2%.
- Quality contributes 20/20 to the score.
- Growth contributes 20/25 to the score.
Main drags
- Penalty bucket subtracts 9 points.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Balance sheet is weaker at 9/15; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
8.8
PB
5.0
EV/EBITDA
18.3
ROE
49.1%
ROCE
47.3%
FCF Yield
1.8%
Debt/Equity
0.1
MoS
+80.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
67
Previous: 67
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+80.2%
Previous: +80.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
67
67
67
68
70
70
70
68
68
68
67
67
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹22.67
-4.0% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹119.21
+80.2% MoS
PEG
0.33
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SIL
Small
Standard Industries Limited
Retail
match 109
59
1.7
-16.6%
+81%
FAIR VALUE
KOHINOOR
Small
Kohinoor Foods Limited
Retail
match 107
37
—
—
+96%
WATCHLIST
SURYALAXMI
Small
Suryalakshmi Cotton Mills Limited
Retail
match 107
34
27.9
1.1%
+22%
WATCHLIST
LATTEYS
Small
Latteys Industries Limited
Retail
match 107
39
32.4
16.4%
+2%
WATCHLIST
NORBTEAEXP
Small
Norben Tea & Exports Limited
Retail
match 105
15
—
-1.6%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Shekhawati Industries Limited operates in Retail / E-Commerce, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
70Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 63rd percentile of the scored universe and 67th percentile within Consumer. Main check: results consistency is weak at 19/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
63rd percentile
overall median 67 · Consumer: 67th pctile, median 66 · Small: 65th pctile, median 66
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
82
strong · capital discipline
Results
19
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 64.1%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.1%.
- ▸7 years of positive FCF.
Trust risks
- ▸Operating cash flow is negative at ₹-8 Cr.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸0/4 latest quarters had positive YoY revenue growth.
- ▸OPM spread across recent quarters is 142.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Shekhawati Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 15 Sep - Board approved Altius Buildcon reclassification, appointed Shrey Mukesh Ruia as Executive Director, and accepted Ravi Jogi’s resignation.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 11 Sep - Shekhawati Industries to invest up to 70% in Shekhawati Realty Development LLP.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 22 May - Please find the Newspaper Publication for the 35th Annual General Meeting
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.