---
title: "Shriniwas Power & Infrastructure Ltd (531261) — Share Price, Financials & Analysis"
symbol: "531261"
company: "Shriniwas Power & Infrastructure Ltd"
canonical: "https://tapetide.com/stocks/531261"
isin: "INE012B01015"
bse_code: "531261"
generated_at: "2026-10-13T11:01:10.735Z"
---

# Shriniwas Power & Infrastructure Ltd (531261)

Canonical page: https://tapetide.com/stocks/531261

## Company

- **BSE Code:** 531261
- **ISIN:** INE012B01015
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** concurrentindia.com

## About

Shriniwas Power & Infrastructure Limited constructs various infrastructure projects in India. The company is involved in engineering, procurement, and commissioning of power transmission and distribution projects. It is also engaged in property development; and power generation, and power trading and consultancy businesses.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.07 times its book value

### Weaknesses

- 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 -18.7% over past five years.
- Company has a low return on equity of 11.5% over last 3 years.
- Company has high debtors of 606 days.
- Working capital days have increased from 334 days to 793 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -98% | 21% | 21% |
| revenue growth | -86% | -28% | -19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.18 | 5.31 | 6.01 | 7.42 | 17.73 | 11.65 | 14.48 | -4.19 | -5.37 | 15.53 | -0.82 | 11.1 |
| Expenses | 8.35 | 2.22 | 3.14 | -16.33 | -7.66 | 2.16 | 2.4 | 2.63 | 2.34 | 2.09 | 2.59 | 2.53 |
| Operating Profit | -8.17 | 3.09 | 2.87 | 23.75 | 25.39 | 9.49 | 12.08 | -6.82 | -7.71 | 13.44 | -3.41 | 8.57 |
| OPM % | -4538.89 | 58.19 | 47.75 | 320.08 | 143.2 | 81.46 | 83.43 | — | — | 86.54 | — | 77.21 |
| Other Income | 1.89 | 0.13 | 0.01 | 19.07 | 4 | 0.01 | 0 | 0.01 | 0.71 | 0 | 0 | 0.01 |
| Interest | 0.04 | 0.14 | 0.13 | 0.11 | 0.19 | 0.1 | 0.09 | 0.09 | 0.13 | 0.11 | 0.1 | 0.1 |
| Depreciation | 0.26 | 0.32 | 0.33 | 0.36 | 0.34 | 0.31 | 0.31 | 1.05 | 0.56 | 0.48 | 0.48 | 0.49 |
| Profit before tax | -6.58 | 2.76 | 2.42 | 42.35 | 28.86 | 9.09 | 11.68 | -7.95 | -7.69 | 12.85 | -3.99 | 7.99 |
| Tax % | 13.37 | 27.17 | 36.78 | 3.05 | 7.66 | 22.55 | 22.86 | -30.94 | -19.38 | 19.69 | -19.3 | 21.53 |
| Net Profit | -7.46 | 1.99 | 1.52 | 41.06 | 26.65 | 7.04 | 9 | -5.5 | -6.2 | 10.33 | -3.22 | 6.28 |
| EPS in Rs | -2.88 | 1.08 | 0.9 | 15.58 | 11.2 | 3.26 | 4.15 | -2.29 | -3.34 | 4.56 | -1.46 | 2.71 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.5 | 56 | 51.41 | 52.87 | 61.73 | 143.44 | 19.93 |
| Expenses | 11.99 | 56.96 | 51.87 | 53.51 | 57.46 | 127.35 | 17.34 |
| Operating Profit | -0.49 | -0.96 | -0.46 | -0.64 | 4.27 | 16.09 | 2.59 |
| OPM % | -4.26 | -1.71 | -0.89 | -1.21 | 6.92 | 11.22 | 13 |
| Other Income | 0.49 | 0.81 | 0.93 | 1.37 | 0.78 | 0 | 0 |
| Interest | 0.17 | 0.36 | 0.45 | 0.49 | 0.01 | 0.54 | 2.23 |
| Depreciation | 0.01 | 0 | 0 | 0.01 | 0.06 | 0.04 | 0.03 |
| Profit before tax | -0.18 | -0.51 | 0.02 | 0.23 | 4.98 | 15.51 | 0.33 |
| Tax % | -22.22 | -19.61 | -300 | 39.13 | 11.04 | 0 | 24.24 |
| Net Profit | -0.14 | -0.41 | 0.08 | 0.14 | 4.43 | 15.51 | 0.25 |
| EPS in Rs | — | — | — | — | 1.03 | 3.6 | 0.06 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 13.4 | 13.4 | 13.4 | 33 | 43.06 | 43.06 | 43.06 |
| Reserves | 1.51 | 1.1 | 1.18 | 1.32 | 10.78 | 26.29 | 26.54 |
| Borrowings | 67.56 | 71.72 | 80.53 | 1.09 | 1.14 | 13.78 | 15.41 |
| Other Liabilities | 0.22 | 3.86 | 0.27 | 9.42 | 12.37 | 13.94 | 3.87 |
| Total Liabilities | 82.69 | 90.08 | 95.38 | 44.83 | 67.35 | 97.07 | 88.88 |
| Fixed Assets | 0.12 | 0.11 | 0.11 | 20.09 | 35.16 | 9.51 | 10.16 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.59 | 1.59 | 1.15 | 1.15 | 1.15 | 32.55 | 31.26 |
| Other Assets | 80.98 | 88.38 | 94.12 | 23.59 | 31.04 | 55.01 | 47.46 |
| Total Assets | 82.69 | 90.08 | 95.38 | 44.83 | 67.35 | 97.07 | 88.88 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -55.04 | -4.39 | -8.8 | 79.42 | 0.26 | -7.29 | -2.27 |
| Cash from Investing Activity | 1.72 | 0 | 0.44 | -19.99 | -15.14 | -5.79 | 0.61 |
| Cash from Financing Activity | 53.45 | 4.16 | 8.81 | -59.84 | 15.09 | 12.73 | 1.63 |
| Net Cash Flow | 0.13 | -0.23 | 0.45 | -0.41 | 0.21 | -0.35 | -0.03 |
| Free Cash Flow | -55.04 | -4.39 | -8.8 | 63.25 | -14.88 | -12.92 | -2.95 |
| CFO/OP | 11233 | 457 | 1913 | -12398 | -7 | -45 | -88 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 3.49 | 24.64 | 10.65 | 88.64 | 101.7 | 66.75 | 605.65 |
| Inventory Days | 364.43 | 372.46 | 99.78 | 902.53 | — | 111.84 | 309.33 |
| Days Payable | 7.95 | 209.47 | 1.54 | 105.71 | — | 61.21 | 75.19 |
| Cash Conversion Cycle | 359.98 | 187.62 | 108.89 | 885.46 | 101.7 | 117.37 | 839.79 |
| Working Capital Days | 2548.65 | 548.67 | 660.21 | 94.72 | 106.43 | 103.69 | 793.37 |
| ROCE % | — | -0.18 | 0.52 | 1.1 | 11.04 | 23.24 | 3.05 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.86% | 73.86% | 73.86% | 63.86% | 57.97% | 57.97% | 57.97% | 48.1% | 51.73% | 53.9% |
| FIIs | 0% | 0% | 0% | 6.16% | 5.53% | 3.89% | 3.89% | 16.86% | 15.28% | 7.07% |
| DIIs | 9.89% | 9.88% | 9.88% | 8.22% | 7.45% | 7.35% | 3.75% | 1.41% | 1.41% | 1.41% |
| Government | 0.29% | 0.29% | 0.36% | 0.25% | 0.23% | 0.23% | 0.3% | 0.25% | 0.19% | 0.19% |
| Public | 15.96% | 15.96% | 15.89% | 21.51% | 28.82% | 30.56% | 34.09% | 33.38% | 31.4% | 37.43% |
| No. of Shareholders | 2278 | 2011 | 1957 | 1903 | 2144 | 2202 | 2828 | 3015 | 3852 | 3909 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.97% | 57.97% | 57.97% | 57.97% | 48.1% | 48.1% | 51.73% | 51.73% | 51.73% | 52.47% | 52.83% | 53.9% |
| FIIs | 3.89% | 5.13% | 3.72% | 3.72% | 16.86% | 15.56% | 15.6% | 15.56% | 15.28% | 7.08% | 7.08% | 7.07% |
| DIIs | 3.75% | 2.22% | 1.9% | 1.7% | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| Government | 0.3% | 0.3% | 0.3% | 0.3% | 0.25% | 0.25% | 0.25% | 0.24% | 0.19% | 0.19% | 0.19% | 0.19% |
| Public | 34.09% | 34.38% | 36.1% | 36.3% | 33.38% | 34.69% | 31.02% | 31.05% | 31.4% | 38.86% | 38.49% | 37.43% |
| No. of Shareholders | 2828 | 2829 | 2835 | 3271 | 3015 | 3678 | 3663 | 3971 | 3852 | 4242 | 4107 | 3909 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 49.8 | Sell |
| EMA (10) | 49.49 | Sell |
| SMA (20) | 53.01 | Sell |
| EMA (20) | 50.9 | Sell |
| SMA (50) | 51.92 | Sell |
| EMA (50) | 53.49 | Sell |
| SMA (100) | 59.39 | Sell |
| EMA (100) | 58.9 | Sell |
| SMA (200) | 70.82 | Sell |
| EMA (200) | 68.15 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.76 | Neutral |
| MACD (12,26,9) | -1.44 | Sell |
| Stochastic (14,3,3) | 21.63 | Neutral |
| ADX (14) | 26.6 | Buy |
| Williams %R (14) | -77.57 | Neutral |
| ATR (14) | 3.82 | High Volatility |
| ROC (12) | -16.62 | Sell |
| Stoch RSI (14) | 17.69 | Buy |
| UO (7,14,28) | 47.95 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-24 | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Resignation Of Chief Executive Officer - NBFC Operations](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d99a0051-22bb-4f98-adba-a52563e46d0e.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93e6c041-3390-42ec-9359-efad9e765875.pdf) |
| 2026-02-13 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8D57754F_3EE8_4DBA_B7C2_77A9F8109F32_095709.pdf) |
| 2026-02-13 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/486D3744_188A_480B_B064_28D928CBF630_173017.pdf) |
| 2026-02-13 | [Report On Special Window For Re-Lodgement Of Transfer Requests On Physical Shares Of Industrial Investment Trust Limited ("The Company")](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b135fe85-30bb-48d5-9e86-1d7a42924179.pdf) |
| 2026-02-11 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3755A726_2056_4E26_ABEF_83F5B9972D7C_173606.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04b922ca-df14-4764-8688-4c6761f34205.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b52be5e-40b7-4f5e-990e-7bde337f4075.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9266380c-ccda-4327-b4d7-17a25661ab69.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/501295/75350501295.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/501295/70816501295.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/501295/67351501295.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/501295/5012950319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/501295/5012950318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/501295/5012950317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/501295/5012950316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:10.735Z.