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Shivagrico Implements

522237 BSE
₹19.37 up 0.87 (4.70%)
Market Cap
₹9.69 Cr
P/E
21.52

Shivagrico Implements (SHIVAGR) share price was ₹19.37 at the 28 Oct 2026 close; market capitalisation ₹9.69 Cr; P/E (TTM) 21.52; sector Capital Goods. The share price fell 21.7% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue fell 0.4% year on year to ₹11.73 Cr and net profit was ₹0.06 Cr, against under ₹0.01 Cr a year earlier (compared with Jun 2025). Promoters held 62.19% of Shivagrico Implements in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 45/100 (Average) as of 28 Oct 2026.

Close 28 Oct 2026 ₹19.37 −4.63 −19.29% 1Y

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods
Market Cap
₹9.69 Cr
P/E (TTM)
21.52
EBITDA
₹3.30 Cr
Return on Equity
4.66%
Debt to Equity
2.12
Book Value
₹16.54
EPS (TTM)
₹0.90
52W High
₹35.99
52W Low
₹17.82

Price-based figures as of 28 Oct 2026, 16:30 IST · EPS basis: Standalone · TTM

Peer Comparison

Industrials › Capital Goods › Industrial Products

Aditya Infotech
₹3,914.6096.4946,310 Cr14.220.04%19.61%25.98%4,896 Cr477 Cr
Syrma SGS
₹1,637.9085.7531,584 Cr11.030.10%11.28%14.83%5,510 Cr401 Cr
Honeywell Automation
₹30,230.0048.5026,728 Cr5.730.35%11.76%15.68%4,959 Cr552 Cr
Jyoti CNC Automation
₹942.8066.6821,441 Cr10.710.00%16.79%22.04%2,236 Cr323 Cr
Kaynes Technology India
₹3,197.8062.0121,436 Cr4.530.00%7.64%12.03%4,043 Cr345 Cr
LMW
₹16,446.00100.5217,569 Cr5.780.21%4.56%5.85%3,824 Cr176 Cr
Shivagrico Implements (this company)
₹19.3721.5210 Cr1.170.00%4.66%15.07%48 Cr0 Cr
Median 7 companies₹3,197.8066.6821,441 Cr5.780.04%11.28%15.07%4,043 Cr345 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

45 Average
Overall score

Data confidence 100/100

Category scores

Quality Good 56
Returns, margins, earnings quality 22% weight
Valuation Average 47
Cheap vs sector & own history 24% weight
Growth Poor 37
Sales & profit trajectory 9% weight
Financial Health Poor 22
Solvency, leverage, coverage 9% weight
Momentum Poor 29
Trend strength, vol-adjusted 12% weight
Ownership Average 50
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 1.12 times its book value

Weaknesses

5
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.51% over past five years.
  • Company has a low return on equity of 2.95% over last 3 years.
  • Company might be capitalizing the interest cost

Technical Indicators

Oscillators

Bearish

Bearish
2
Neutral
6
Bullish
1

Overall

Bearish

Bearish
10
Neutral
6
Bullish
3

Moving Averages

Bearish

Bearish
8
Neutral
0
Bullish
2

Growth Rate

Revenue Growth
9.43% higher than 3Y

change over 1 year

Net Income Growth
0% lower than 3Y

change over 1 year

Cash Flow Change
-67.97%

change over 1 year

EBITDA Margin Change
-7.73%

change over 1 year Operating margin 6.91% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
9.77
11.52
10.55
11.77
8.08
10.94
12.04
12.45
11.78
11.17
12.5
12.1
11.73
Expenses
9.13
10.86
9.92
11.09
7.33
10.13
11.28
11.51
11.03
10.35
11.74
11.13
10.92
Operating Profit
0.64
0.66
0.63
0.68
0.75
0.81
0.76
0.94
0.75
0.82
0.76
0.97
0.81
OPM %
6.55%
5.73%
5.97%
5.78%
9.28%
7.4%
6.31%
7.55%
6.37%
7.34%
6.08%
8.02%
6.91%
Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
Interest
0.25
0.3
0.28
0.27
0.3
0.31
0.3
0.31
0.28
0.25
0.27
0.23
0.26
Depreciation
0.36
0.3
0.33
0.36
0.4
0.41
0.41
0.43
0.41
0.36
0.29
0.51
0.47
PBT
0.03
0.06
0.02
0.05
0.05
0.09
0.05
0.2
0.06
0.21
0.2
0.23
0.08
Tax %
33.33%
0%
100%
140%
20%
33.33%
0%
-20%
100%
33.33%
45%
39.13%
25%
Net Profit
0.03
0.06
-0.01
-0.01
0.04
0.06
0.05
0.23
0
0.14
0.11
0.14
0.06
EPS (₹)
0.06
0.12
-0.02
-0.02
0.08
0.12
0.1
0.46
0
0.28
0.22
0.28
0.12
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
24.26
25.55
23.22
21.85
25.33
25.04
37.85
48.2
41.51
43.22
43.1
47.18
47.5
Expenses
22.52
23.7
21.56
20.88
24.74
23.62
35.98
45.4
39.36
40.99
40.23
44.27
44.14
Operating Profit
1.74
1.85
1.66
0.97
0.59
1.42
1.87
2.8
2.15
2.23
2.87
2.91
3.36
OPM %
7.17%
7.24%
7.15%
4.44%
2.33%
5.67%
4.94%
5.81%
5.18%
5.16%
6.66%
6.17%
7.07%
Other Income
0.08
0.2
0.31
0.07
0.36
0.36
0.43
0.67
0.42
0.38
0.4
0.38
0
Interest
0.72
0.8
0.61
0.57
0.75
0.87
0.75
0.95
1.03
1.1
1.23
1.02
1.01
Depreciation
1.02
1.2
1.3
0.97
1.31
1.32
1.24
1.5
1.39
1.35
1.65
1.58
1.63
PBT
0.08
0.05
0.06
-0.5
-1.11
-0.41
0.31
1.02
0.15
0.16
0.39
0.69
0.72
Tax %
37.5%
200%
33.33%
-38%
-25.23%
9.76%
67.74%
24.51%
33.33%
56.25%
2.56%
44.93%
—
Net Profit
0.05
-0.05
0.04
-0.31
-0.83
-0.45
0.1
0.77
0.1
0.07
0.38
0.39
0.45
EPS (₹)
0.1
-0.1
0.08
-0.62
-1.66
-0.9
0.2
1.54
0.2
0.14
0.76
0.78
0.9
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
5.01
5.01
5.01
5.01
5.01
5.01
5.01
5.01
5.01
5.01
5.01
5.01
Reserves
2.76
2.71
2.77
2.47
1.63
1.09
1.19
2.12
2.28
2.39
2.86
3.28
Borrowings
8.14
9.88
9.49
10.98
12.84
13.43
18.25
18.37
16.98
19.18
15.84
17.57
Other Liabilities
1.96
2.96
2.85
2.6
2.79
3.52
3.17
2.45
3.82
2.12
2.34
2.37
Total Liabilities
17.87
20.56
20.12
21.06
22.27
23.05
27.62
27.95
28.09
28.7
26.05
28.23
Fixed Assets
7.97
7.99
6.59
8.87
8.53
7.7
7.76
9.41
9.13
10.96
10.05
9.34
CWIP
0.76
1.82
3.11
0.66
0.37
0.62
2.25
0.11
0.87
0.13
0.21
1.37
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
9.14
10.75
10.42
11.53
13.37
14.73
17.61
18.43
18.09
17.61
15.79
17.52
Total Assets
17.87
20.56
20.12
21.06
22.27
23.05
27.62
27.95
28.09
28.7
26.05
28.23
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.46
1.19
2.29
-0.15
-0.49
1.06
-1.06
2.57
5.18
0.84
3.84
1.23
Investing
-0.86
-2.23
-1.31
-0.76
-0.66
-0.74
-3
-0.75
-1.74
-2.47
-0.69
-2.01
Financing
0.43
1.01
-1
0.91
1.12
-0.33
4.07
-0.82
-2.43
1.1
-4.56
0.71
Net Cash Flow
0.04
-0.02
-0.01
0
-0.03
0
0.01
0.99
1.01
-0.53
-1.41
-0.08
Free Cash Flow
-0.41
-1.06
1.02
-0.92
-1.17
0.31
-3.98
1.6
3.43
-1.6
3.15
-0.8
CFO/OP
28
70
137
-6
-83
75
-57
92
240
38
137
42
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
8.27
26
17.29
21.88
38.76
40.52
32.31
24.76
18.38
25
22.44
22.44
Inventory Days
170
170
208
260
198
256
180
138
158
147
172
167
Days Payable
17.59
9.18
45.01
48.65
43.51
64.02
34.11
15.65
37.22
8.56
11.63
7.15
Cash Conversion Cycle
161
187
180
234
193
232
179
147
139
164
183
183
Working Capital Days
-3.61
-7.71
-2.67
-17.04
-15.27
-24.63
-16.1
6.36
-11.17
-14.1
2.88
3.48
ROCE %
5.2%
5.01%
3.79%
0.28%
-1.95%
2.36%
4.82%
7.77%
4.3%
4.92%
5.81%
6.9%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Shivagrico Implements insights

58 extracted metrics + investor summaries across FY11–FY27.

Shareholding Pattern

DIIs0.87%Promot.62.19%Others2.36%Public34.58%As ofSep 2026

Documents

Frequently Asked Questions about Shivagrico Implements

What does Shivagrico Implements Ltd do?
Incorporated in 1965, Shivagrico Implements Ltd deals in Rolling and Forging of agricultural implements and other products.[1]
Where is Shivagrico Implements Ltd (SHIVAGR) listed?
Shivagrico Implements Ltd trades under code 522237 on the BSE.
Which sector does Shivagrico Implements Ltd belong to?
Shivagrico Implements Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the market capitalisation of Shivagrico Implements Ltd?
Shivagrico Implements Ltd has a market capitalisation of ₹9.69 Cr as of 28 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of Shivagrico Implements Ltd?
Shivagrico Implements Ltd trades at a PE ratio of 21.52 as of 28 Oct 2026, on earnings per share of ₹0.9, against a book value of ₹16.54 per share.
What is the 52-week high and low of Shivagrico Implements Ltd?
Over the last 52 weeks Shivagrico Implements Ltd has traded between ₹17.82 and ₹35.99 as of 28 Oct 2026.
What is the Return on Equity (ROE) of Shivagrico Implements Ltd?
Shivagrico Implements Ltd reported a return on equity of 4.66%. Its debt-to-equity ratio is 2.12.

Company Information

Incorporated in 1965, Shivagrico Implements Ltd deals in Rolling and Forging of agricultural implements and other products.[1]

Website ranawatgroup.com
Face Value ₹ 10
Shares Outstanding 50,00,000

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