---
title: "Shantidoot Infra Services Ltd (543598) — Share Price, Financials & Analysis"
symbol: "543598"
company: "Shantidoot Infra Services Ltd"
canonical: "https://tapetide.com/stocks/543598"
isin: "INE0LU301014"
nse_symbol: "SHANTIDOOTINFRASERVICESLTD"
bse_code: "543598"
sector: "Realty"
industry: "Residential Commercial Projects"
market_cap_cr: 106.1
generated_at: "2026-09-13T20:38:25.792Z"
---

# Shantidoot Infra Services Ltd (543598)

Canonical page: https://tapetide.com/stocks/543598

## Company

- **NSE Symbol:** SHANTIDOOTINFRASERVICESLTD
- **BSE Code:** 543598
- **ISIN:** INE0LU301014
- **Sector:** Realty
- **Industry:** Residential Commercial Projects
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2022-09-19
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shantidootinfra.com

## About

Incorporated in 2019, Shantidoot Infra Services Ltd is in the business of undertaking construction contracts and work contracts. [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:44:18.889247Z.

- **Market Cap:** ₹106.1 Cr
- **Classification:** SME
- **P/E (reported):** 73.9
- **EPS (reported):** ₹6.89
- **Book Value:** ₹68.12
- **Price to Book:** 8.66
- **Dividend Yield:** 0%
- **ROE:** 49.14%
- **ROCE:** 65.12%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹45.02 Cr
- **Net Income:** ₹1.2 Cr
- **EBITDA:** ₹4.04 Cr
- **52-Week High:** ₹593.85
- **52-Week Low:** ₹152
- **RSI (14):** 25.1

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.5%
- Company's working capital requirements have reduced from 82.7 days to 63.0 days

### Weaknesses

- Stock is trading at 9.07 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -77.97% | 174.63% | -3.85% |
| ebitda margin growth | -62.9% | -53.16% | -70.61% |
| net income growth | -77.36% | 17% | 74% |
| revenue growth | 49.07% | 66% | 61% |
| roce | 115.27% | 133.57% | 45.69% |
| roe | 118.21% | 30.98% | -5.86% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 4.29 | 4.29 | 5.47 | 3.26 | 6.74 | 5.05 | 17.53 |
| Expenses | 3.81 | 3.81 | 4.36 | 2.61 | 5.47 | 3.75 | 15.82 |
| Operating Profit | 0.48 | 0.48 | 1.11 | 0.65 | 1.27 | 1.3 | 1.71 |
| OPM % | 11.19 | 11.19 | 20.29 | 19.94 | 18.84 | 25.74 | 9.75 |
| Other Income | 0.06 | 0.06 | -0.05 | 0 | 0 | 0.01 | 0.09 |
| Interest | 0 | 0 | 0.03 | 0.01 | 0.02 | 0 | 0 |
| Depreciation | 0.14 | 0.14 | 0.15 | 0.11 | 0.11 | 0.08 | 0.93 |
| Profit before tax | 0.4 | 0.4 | 0.88 | 0.53 | 1.14 | 1.23 | 0.87 |
| Tax % | 25 | 25 | 29.55 | 26.42 | 25.44 | 26.83 | 26.44 |
| Net Profit | 0.29 | 0.29 | 0.61 | 0.39 | 0.85 | 0.9 | 0.65 |
| EPS in Rs | 58 | 1.61 | 3.39 | 2.17 | 4.73 | 5.01 | 3.62 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.19 | 4.15 | 7.62 | 9.76 | 10 | 30.19 | 45.02 |
| Expenses | 2.15 | 4.01 | 5.3 | 8.16 | 8.08 | 22.89 | 40.98 |
| Operating Profit | 0.04 | 0.14 | 2.32 | 1.6 | 1.92 | 7.3 | 4.04 |
| OPM % | 1.83 | 3.37 | 30.45 | 16.39 | 19.2 | 24.18 | 8.97 |
| Other Income | 0 | 0 | 0.01 | 0 | 0 | 0.01 | 0.02 |
| Interest | 0 | 0 | 0.05 | 0.03 | 0.03 | 0.01 | 0 |
| Depreciation | 0 | 0.02 | 0.37 | 0.29 | 0.22 | 0.2 | 2.08 |
| Profit before tax | 0.04 | 0.12 | 1.91 | 1.28 | 1.67 | 7.1 | 1.98 |
| Tax % | 25 | 25 | 27.23 | 28.91 | 25.75 | 25.21 | 26.77 |
| Net Profit | 0.03 | 0.09 | 1.4 | 0.91 | 1.24 | 5.31 | 1.44 |
| EPS in Rs | 60 | 180 | 280 | 5.06 | 6.9 | 29.53 | 8.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.05 | 0.05 | 0.05 | 1.8 | 1.8 | 1.8 | 1.8 |
| Reserves | 0.03 | 0.11 | 1.52 | 2.46 | 3.7 | 9.01 | 9.89 |
| Borrowings | 0.2 | 0.86 | 0.66 | 0.55 | 0.1 | 0.1 | 0.06 |
| Other Liabilities | 0.38 | 0.84 | 1.51 | 1.27 | 1.69 | 7.21 | -1.16 |
| Total Liabilities | 0.66 | 1.86 | 3.74 | 6.08 | 7.29 | 18.12 | 10.59 |
| Fixed Assets | 0 | 1.15 | 0.8 | 0.7 | 0.47 | 2.78 | 6.47 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0.57 | 0 | 0 |
| Other Assets | 0.66 | 0.71 | 2.94 | 5.38 | 6.25 | 15.34 | 4.12 |
| Total Assets | 0.66 | 1.86 | 3.74 | 6.08 | 7.29 | 18.12 | 10.59 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.12 | 0.52 | 0.51 | -0.67 | 2.27 | 0.5 | 6.18 |
| Cash from Investing Activity | -0.01 | -1.17 | -0.01 | -0.18 | -0.58 | -2.17 | -5.22 |
| Cash from Financing Activity | 0.25 | 0.66 | -0.25 | 1.64 | -0.48 | -0.01 | 0 |
| Net Cash Flow | 0.11 | 0.01 | 0.26 | 0.79 | 1.21 | -1.68 | 0.96 |
| Free Cash Flow | -0.12 | -0.66 | 0.5 | -0.86 | 2.27 | -2.25 | 0.94 |
| CFO/OP | -300 | 371 | 22 | -39 | 138 | 13 | 172 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21.67 | 0 | 3.83 | 15.71 | 15.7 | 111.71 | — |
| Inventory Days | 9.08 | 5.92 | 106.36 | 52.35 | 87.21 | 36.81 | — |
| Days Payable | 10.9 | 47.35 | 27.55 | 20.55 | 20.58 | 71.89 | — |
| Cash Conversion Cycle | 19.85 | -41.43 | 82.65 | 47.51 | 82.33 | 76.63 | — |
| Working Capital Days | 26.67 | -29.9 | 43.11 | 103.22 | 91.25 | 93.94 | — |
| ROCE % | — | 18.46 | 120.62 | 37.22 | 32.66 | 86.13 | — |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% | 72.07% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.46% | 20.01% | 18.14% | 18.77% | 18.5% | 18.5% | 18.59% | 18.77% | 19.12% | 19.03% | 19.01% |
| Others | 7.47% | 7.92% | 9.79% | 9.17% | 9.43% | 9.43% | 9.34% | 9.17% | 8.81% | 8.9% | 8.92% |
| No. of Shareholders | 7 | 225 | 82 | 73 | 67 | 61 | 54 | 49 | 50 | 51 | 49 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 1 / 5

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 497.53 | Buy |
| EMA (10) | 503.3 | Buy |
| SMA (20) | 408.2 | Buy |
| EMA (20) | 431.57 | Buy |
| SMA (50) | 288.9 | Buy |
| EMA (50) | 336.22 | Buy |
| SMA (100) | 270.64 | Buy |
| EMA (100) | 288.08 | Buy |
| SMA (200) | 232.37 | Buy |
| EMA (200) | 240.65 | Buy |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 87.82 | Sell |
| MACD (12,26,9) | 84.7 | Buy |
| Stochastic (14,3,3) | 99.49 | Sell |
| ADX (14) | 46.56 | Buy |
| Williams %R (14) | -1.52 | Sell |
| ATR (14) | 20.08 | High Volatility |
| ROC (12) | 64.71 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 96.58 | Sell |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e75bf938-f3bc-48a2-9d4d-4884a22f5837.pdf) |
| 2026-09-05 | [Intimation Pursuant To Regulation 30 & Regulation 36(1)(B) Of SEBI (LODR) Regulations 2015 - Dispatch Of Letter With Web-Link To Annual Report And Notice Of 7Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc8ee12a-d5e6-4d66-90fb-36d95f3b9df4.pdf) |
| 2026-09-04 | [Board Meeting Outcome for Outcome Of Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=74286831-b037-46a2-8064-dd40853fb48a.pdf) |
| 2026-09-04 | [Submission Of Notice Convening The 7Th Annual General Meeting (AGM) AND Annual Report For Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12c41d88-c6c4-43b8-bfcc-e64fe098af33.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b75b3b44-b176-41ba-aea1-3060124749c9.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be66b284-a1a0-44f9-9f4e-0922e0edc5a8.pdf) |
| 2026-09-01 | [Board Meeting Intimation for Consider And Approve The Convening Of AGM And Adoption Of Financial Statement And Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=487a647e-9448-4712-a324-2c7ee976a480.pdf) |
| 2026-07-15 | [Intimation Of Change Of CIN And Status On MCA Website](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=136b9267-a53e-4577-835f-1a8ebf9febe6.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a71a4f75-ca56-4467-9774-39a14ab7a2e2.pdf) |
| 2026-05-25 | [Non-Applicability Of Statement For Deviation(S) Or Variation(S) Under Regulation 32 (1) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76d98019-9315-47b0-a342-72f40cd7a352.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Resubmission Of Standalone Audited Financial Results For Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee814937-b075-40cc-b211-71fb00031cee.pdf) |
| 2026-05-23 | [Financial Result For 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2bf2ec3-159c-4801-8a52-be4357390e7a.pdf) |
| 2025-11-14 | [Result -Half Yearly Un-Audited Financial Statement As On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27cb2c08-3be2-465f-a754-2e91f7d931c6.pdf) |
| 2025-07-01 | [Results- Financial Statement For 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8173d2e-8816-4f22-8cdf-5eca863c63fe.pdf) |
| 2024-11-14 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc5d8f87-4655-4093-ba6e-cf3febc2029a.pdf) |
| 2024-05-22 | [Results- FINACIAL RESULTS FOR HALF YEAR ENDED 31.04.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=253c9b1e-087b-4360-b9c9-6ba5dcfd9c8b.pdf) |
| 2024-05-20 | [Results- Financial Results For Half Year Ended 31St March 2024 And Year Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c386623-ffcc-4670-a60b-39ff088e149a.pdf) |
| 2023-05-27 | [Results- Audited Financial Results 31/03/2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4339325f-648f-4ffa-bc04-1c13ea785bb2.pdf) |
| 2022-12-03 | [Related Party Disclosure Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b25eebd-dcc3-41e7-af4a-7f061da5921a.pdf) |
| 2022-11-14 | [Result Financial For 30Th September 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=599c0ecf-53fa-47e9-a3e5-4665c5f56a47.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Rights issue up to ₹12 Cr; authorized capital to ₹13 Cr; RPT increased to ₹273 Cr; EGM Apr 25. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On March 31, 2026 9h - Rights issue up to ₹12 Cr; authorized capital to ₹13 Cr; RPT increased to ₹273 Cr; EGM Apr 25.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e07ddc0d-afad-4643-bb77-78fe9e7549fc.pdf) |
| 9 Jan - Investor complaints report for quarter ended 31 Dec 2025: zero pending, received, disposed, unresolved. | [Statement Of Investor Complaint As On 31St December 2025 9 Jan - Investor complaints report for quarter ended 31 Dec 2025: zero pending, received, disposed, unresolved.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f95426b0-cfe1-40d9-97e9-3eb10fc1d26e.pdf) |
| 9 February 2026 - Unaudited H1 30 Sep 2025 results filed; auditor certificate on IPO fund utilisation; Rs.900 lakh unutilized funds. | [Reply to Clarification- Financial results 9 February 2026 - Unaudited H1 30 Sep 2025 results filed; auditor certificate on IPO fund utilisation; Rs.900 lakh unutilized funds.](https://nsearchives.nseindia.com/corporate/RAPIDFLEET_06022026181140_RFMSLClarificationofFinancial_ResultsSigned.pdf) |
| 8h - Rights issue up to ₹12 crore; authorized capital to ₹13 crore; RPT revised to ₹273 crore; EGM Apr 25, 2026. | [Announcement under Regulation 30 (LODR)-Raising of Funds 8h - Rights issue up to ₹12 crore; authorized capital to ₹13 crore; RPT revised to ₹273 crore; EGM Apr 25, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/22fafc12-196a-4d9c-bce0-ce130836c3e1.pdf) |
| 8h - EGM voting results declared; resolutions on authorised capital increase and related party transaction passed on April 25, 2026. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 8h - EGM voting results declared; resolutions on authorised capital increase and related party transaction passed on April 25, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bf46bce9-05ef-4bb2-9f1a-48f8a1e2cd2b.pdf) |
| 7 Apr - Board meeting scheduled for April 9, 2026 postponed; new date to be intimated later. | [Intimation Of Postponement Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015 7 Apr - Board meeting scheduled for April 9, 2026 postponed; new date to be intimated later.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be02697e-01fd-4162-86e9-532f3a9b1026.pdf) |
| 27 Apr - EGM voting results declared; resolutions on authorised capital increase and related party transaction passed on April 25, 2026. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 27 Apr - EGM voting results declared; resolutions on authorised capital increase and related party transaction passed on April 25, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf46bce9-05ef-4bb2-9f1a-48f8a1e2cd2b.pdf) |
| 25 Apr - EGM approved authorised capital increase to ₹13 crore and revised Gautam Medical project cost to ₹273 crore. | [Shareholder Meeting / Postal Ballot-Outcome of EGM 25 Apr - EGM approved authorised capital increase to ₹13 crore and revised Gautam Medical project cost to ₹273 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4dbbde7-5a0b-4019-83b9-7ba2af7826ae.pdf) |
| 23 Mar - Board meeting on 31 March 2026 to consider authorised capital increase and broad equity/convertible fundraising; EGM proposal. | [Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015 23 Mar - Board meeting on 31 March 2026 to consider authorised capital increase and broad equity/convertible fundraising; EGM proposal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b060c44-aeb0-447e-846e-1c9db2b19d29.pdf) |
| 18 Apr - Company says Annual Secretarial Compliance Report not applicable for year ended 31.03.2026 under Regulation 15(2). | [Compliances-Reg.24(A)-Annual Secretarial Compliance 18 Apr - Company says Annual Secretarial Compliance Report not applicable for year ended 31.03.2026 under Regulation 15(2).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49dcbf2d-1c03-4b61-be87-88d3d1899b5b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28974_RAPIDFLEET_2024_2025_A_6055495_08092025213555.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bb6f1c2-e610-4c0e-9af9-2992cb5b839c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25001964-b822-4fc4-8481-e39ea06873b5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/429d64e3-bafa-443e-8ebf-66e47010689a.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 2026-09-13T20:38:25.792Z.