Shri Ram Switchgears
In the Sep 2023 quarter, revenue fell 41.8% year on year to ₹0.85 Cr and net profit was −₹1.03 Cr, against −₹2.05 Cr a year earlier (compared with Sep 2022).
Peer Comparison
Industrials › Industrial Manufacturing › Industrial Products
| ₹3,933.00 | 96.94 | 46,528 Cr | 14.28 | 0.04% | 19.61% | 25.98% | 4,896 Cr | 477 Cr | |
| ₹1,653.50 | 86.57 | 31,885 Cr | 11.14 | 0.10% | 11.28% | 14.83% | 5,510 Cr | 401 Cr | |
| ₹30,220.00 | 48.48 | 26,719 Cr | 5.73 | 0.35% | 11.76% | 15.68% | 4,959 Cr | 552 Cr | |
| ₹956.90 | 67.67 | 21,762 Cr | 10.87 | 0.00% | 16.79% | 22.04% | 2,236 Cr | 323 Cr | |
| ₹3,215.00 | 62.34 | 21,552 Cr | 4.55 | 0.00% | 7.64% | 12.03% | 4,043 Cr | 345 Cr | |
| ₹16,557.00 | 101.20 | 17,688 Cr | 5.82 | 0.21% | 4.56% | 5.85% | 3,824 Cr | 176 Cr | |
| Shri Ram Switchgears (this company) | ₹10.10 | — | — | — | — | — | — | — | — |
| Median 7 companies | ₹3,215.00 | 77.12 | 24,241 Cr | 8.34 | 0.07% | 11.52% | 15.26% | 4,470 Cr | 373 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. How it works →
No Tapetide Score has been computed for this stock yet.
Key Insights
Weaknesses
3- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -24.5% over past five years.
- Company has high debtors of 211 days.
Technical Indicators
Oscillators
Bullish
Overall
Bullish
Moving Averages
Bullish
Growth Rate
change over 1 year
change over 1 year
Quarterly Results
| Particulars | Mar 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18.34 | 11.37 | 11.06 | 1.18 | 7.87 | 1.57 | 2.76 | 1.46 | 1.26 | 0.85 |
| Expenses | 14.75 | 7.64 | 11.99 | 2.95 | 15.66 | 3.85 | 13.72 | 2.2 | 2.09 | 1.06 |
| Operating Profit | 3.59 | 3.73 | -0.93 | -1.77 | -7.79 | -2.28 | -10.96 | -0.74 | -0.83 | -0.21 |
| OPM % | 19.57% | 32.81% | -8.41% | -150% | -98.98% | -145.22% | -397.1% | -50.68% | -65.87% | -24.71% |
| Other Income | 0.72 | 0.35 | 0.22 | 0.05 | 0.16 | 0.16 | 0.09 | 0.03 | 0.31 | 0.01 |
| Interest | 3.6 | 3.7 | 2.16 | 2.44 | 4.34 | 1.5 | 2.01 | 1.18 | 1.12 | 0.7 |
| Depreciation | 0.29 | 0.23 | 0.25 | 0.23 | 0.18 | 0.16 | 0.16 | 0.16 | 0.1 | 0.13 |
| PBT | 0.42 | 0.15 | -3.12 | -4.39 | -12.15 | -3.78 | -13.04 | -2.05 | -1.74 | -1.03 |
| Tax % | 0% | 20% | -1.28% | 0% | 2.3% | 0.26% | -0.08% | 0% | 4.02% | 0% |
| Net Profit | 0.42 | 0.11 | -3.09 | -4.39 | -12.42 | -3.79 | -13.03 | -2.05 | -1.82 | -1.03 |
| EPS (₹) | 0.42 | 0.11 | -3.09 | -4.39 | -12.41 | -3.79 | -13.02 | -2.05 | -1.82 | -1.03 |
Profit & Loss
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 38.89 | 52.89 | 45.37 | 68.38 | 51.12 | 26.81 | 20.76 | 7.83 | 4.02 | 2.47 | 2.12 | 1.92 |
| Expenses | 35.78 | 48.8 | 41.76 | 57.79 | 39.9 | 19.18 | 17.97 | 17.39 | 17.26 | 4.05 | 2.93 | 2.91 |
| Operating Profit | 3.11 | 4.09 | 3.61 | 10.59 | 11.22 | 7.63 | 2.79 | -9.56 | -13.24 | -1.58 | -0.81 | -0.99 |
| OPM % | 8% | 7.73% | 7.96% | 15.49% | 21.95% | 28.46% | 13.44% | -122.09% | -329.35% | -63.97% | -38.21% | -51.56% |
| Other Income | 0.33 | 1.51 | 2.68 | 0.68 | 0.59 | 0.76 | 0.58 | 0.21 | 0.25 | 0.35 | 1.73 | 0.11 |
| Interest | 2.67 | 3.5 | 3.98 | 7.14 | 7.63 | 7.05 | 5.86 | 6.78 | 3.51 | 2.3 | 1.39 | 0 |
| Depreciation | 0.16 | 0.27 | 1.03 | 0.85 | 0.72 | 0.57 | 0.49 | 0.4 | 0.32 | 0.27 | 0.19 | 0.15 |
| PBT | 0.61 | 1.83 | 1.28 | 3.28 | 3.46 | 0.77 | -2.98 | -16.53 | -16.82 | -3.8 | -0.66 | -1.03 |
| Tax % | 31.15% | 33.88% | 32.81% | 35.67% | 34.97% | -1.3% | -0.34% | 1.69% | 0% | 1.84% | 0% | 0.97% |
| Net Profit | 0.42 | 1.21 | 0.85 | 2.11 | 2.25 | 0.77 | -2.97 | -16.81 | -16.83 | -3.87 | -0.66 | -1.03 |
| EPS (₹) | 0.84 | 1.66 | 1.16 | 2.87 | 2.25 | 0.77 | -2.97 | -16.79 | -16.81 | -3.87 | -0.66 | -1.03 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.34 | 4.88 | 4.89 | 7.34 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 |
| Reserves | 1.96 | 3.68 | 4.27 | 3.82 | 8.47 | 9.25 | 6.27 | -10.54 | -27.37 | -31.23 | -77.56 | -78.59 |
| Borrowings | 19.11 | 18.87 | 31.68 | 38.39 | 36.67 | 38.65 | 43.78 | 49.18 | 55.48 | 62.72 | 59.61 | 59.59 |
| Other Liabilities | 27.47 | 34.86 | 30.18 | 32.42 | 29.52 | 31.09 | 23.88 | 18.22 | 11.95 | 12.11 | 14.88 | 14.82 |
| Total Liabilities | 51.88 | 62.29 | 71.02 | 81.97 | 84.67 | 89 | 83.94 | 66.87 | 50.07 | 53.61 | 6.94 | 5.83 |
| Fixed Assets | 1.75 | 5.79 | 4.71 | 4.12 | 3.45 | 2.88 | 2.61 | 2.21 | 1.67 | 1.4 | 1.01 | 0.87 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.03 | 0.03 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 50.1 | 56.47 | 66.28 | 77.85 | 81.22 | 86.12 | 81.33 | 64.66 | 48.4 | 52.21 | 5.93 | 4.96 |
| Total Assets | 51.88 | 62.29 | 71.02 | 81.97 | 84.67 | 89 | 83.94 | 66.87 | 50.07 | 53.61 | 6.94 | 5.83 |
Cash Flow
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.52 | 10.51 | 0.19 | 9.43 | -1.82 | 2.85 | 3.62 | -7.13 | -5.18 | -6.02 | -0.82 | -0.2 |
| Investing | -0.43 | -5.2 | 1.38 | 0.06 | 0.02 | -0.01 | -0.07 | 0.1 | 0.32 | 0.09 | 1.78 | 0.12 |
| Financing | 1.57 | -2.2 | -0.4 | -10.15 | 0.22 | -1.75 | -3.64 | 4.32 | 3.15 | 4.96 | -1.67 | -0.02 |
| Net Cash Flow | 0.62 | 3.11 | 1.17 | -0.66 | -1.58 | 1.09 | -0.1 | -2.72 | -1.71 | -0.96 | -0.71 | -0.1 |
| Free Cash Flow | -1.22 | 6.56 | 0.24 | 9.17 | -1.87 | 2.84 | 3.4 | -7.13 | -4.81 | -5.91 | -0.82 | -0.21 |
| CFO/EBITDA | -10 | 270 | 20 | 94 | -5 | 59 | 137 | 75 | 39 | 381 | 101 | 20 |
Ratios
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 111 | 192 | 281 | 225 | 321 | 543 | 587 | 1,424 | 2,477 | 3,920 | 286 | 211 |
| Inventory Days | 297 | 164 | 201 | 199 | 321 | 919 | 878 | 602 | 336 | 2,922 | 391 | 371 |
| Days Payable | 171 | 86.03 | 221 | 143 | 227 | 479 | 322 | 252 | 139 | 1,202 | 1,492 | 1,632 |
| Cash Conversion Cycle | 236 | 270 | 261 | 280 | 415 | 984 | 1,143 | 1,774 | 2,674 | 5,641 | -814 | -1,050 |
| Working Capital Days | 281 | 106 | 162 | 114 | 230 | 498 | 640 | 1,545 | 1,445 | 3,539 | -4,218 | -4,806 |
| ROCE % | 14.85% | 20.56% | 15.12% | 22.79% | 21.18% | 13.8% | 4.53% | -17.94% | -31.05% | -4.07% | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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52 extracted metrics + investor summaries across FY12–FY26.
Documents
Frequently Asked Questions about Shri Ram Switchgears
What does Shri Ram Switchgears Ltd do?
Where is Shri Ram Switchgears Ltd (SRIRAM) listed?
Which sector does Shri Ram Switchgears Ltd belong to?
Company Information
Incorporated in 1985, Shri Ram Switchgears Ltd does engineering and manufacturing of Electrical Products[1]
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