Shah Metacorp Limited

BSE: 533275 NSE: SHAH
Shah Metacorp Limited - metals and minerals in Kukarwada, Gujarat, India. FY 2026 financials & compliance.
CIN L46209GJ1999PLC036656 Incorporated 29 September 1999 ROC Ahmedabad HQ Kukarwada, Gujarat, India
Active Listed - NSE: SHAH · BSE: 533275 Public Limited Company metals and minerals
Data last updated
Market Cap
₹272 Cr
SHAH · NSE
Share Price
₹2.57
-6.20% today
Revenue
₹208 Cr
FY 2025-26 · +18.1% YoY
EBITDA
₹1.76 Cr
Margin 0.8%
Net Profit
₹12.17 Cr
FY 2025-26 · +25.2% YoY
P/E (TTM)
20.8x
P/B 0.8x
Authorised capital
₹130 Cr
Registered with MCA
Paid-up capital
₹102.64 Cr
Issued & subscribed

About Shah Metacorp Limited

Data last updated:

Shah Metacorp Limited is a public limited company based in Kukarwada, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 September 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L46209GJ1999PLC036656. Its GSTIN is 24AAECS6731M1Z3 (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533275 and NSE: SHAH.

The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹102.64 Cr. It is led by directors including Mahendra Kumar Shukla (Whole-Time Director) and Dipali Manish Shah.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 2/3 GIDC Ubkhal Kukarwada Tal. Vijapur Dist. Mehsana, Gujarat, India – 382830.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹207.99 Cr, a growth of 18.1% compared to the previous year. For the same year it recorded a net profit of ₹12.17 Cr (net margin 5.9%) and EBITDA of ₹1.76 Cr (EBITDA margin 0.8%). The net worth stands at ₹305.19 Cr (up 84.5% YoY). Total assets are valued at ₹547.66 Cr (up 198.8% YoY).

The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Shah Metacorp. As per MCA filings, the company has satisfied charges of ₹132.46 Cr on record. Court records list 21 cases involving the company, including 14 filed by the company and 7 filed against it; 13 cases are pending. The company has 118 deals on record (116 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹47.88 Cr; the latest was in August 2026. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Peb Structural Industries Private Limited with revenue of ₹180.63 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gyscoal.com.

Company details

CIN L46209GJ1999PLC036656
Registration Number 036656
Incorporation Date 29 September 1999
ROC Ahmedabad
Listing Status Listed - Listed on NSE (SHAH); Listed on BSE (533275)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Shah Metacorp has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46209GJ1999PLC036656, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L46209GJ1999PLC036656Current
U27209GJ1999PTC036656Previous
U27209GJ1999PLC036656Previous
L27209GJ1999PLC036656Previous
Key People
Mahendra Kumar Shukla Whole-Time Director Dipali Manish Shah Director Viral Mukundbhai Shah Additional Director

Contact details

Shah Metacorp Limited's registered office is in Kukarwada, Gujarat. Its website is gyscoal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gyscoal.com
  • Social Media
  • Registered Address
    Plot No. 2/3 GIDC Ubkhal Kukarwada Tal. Vijapur Dist. Mehsana, Gujarat, India – 382830
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Shah Metacorp Limited, buy the company report.

Comprehensive company report
Shah Metacorp Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Shah Metacorp operates one associated brand: Shah Metacorp. Each brand links to its own profile.

BrandDescriptionWebsite
Shah Metacorp
Stainless steel products are manufactured, exported, and supplied internationally.gyscoal.com

Business activity

The main business activities of Shah Metacorp are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Shah Metacorp Limited, buy the company report.

Financials of Shah Metacorp Limited

FY 2025-26 filings available

Shah Metacorp Limited reported revenue of ₹207.99 Cr (up 18.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹208 Cr
+18.1% YoY
EBITDA
₹1.76 Cr
-84.3% YoY
Profit After Tax
₹12.17 Cr
+25.2% YoY
Net Worth
₹305 Cr
+84.5% YoY
Total Assets
₹548 Cr
+198.8% YoY
Total Debt
₹239 Cr
+1246.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue20817696.7739.8820.0412.5864.72
Revenue growth+18.1%+82.0%+142.7%+99.0%+59.3%-80.6%-
EBITDA1.7611.193.59(4.04)(9.54)(81.88)(12.93)
EBITDA margin+0.9%+6.4%+3.7%-10.1%-47.6%-650.9%-20.0%
Profit before tax15.1535.374.41(0.29)0.36(92.36)(15.68)
Net profit12.179.724.271.65(10.81)(74.50)(13.71)
Net profit margin+5.9%+5.5%+4.4%+4.1%-53.9%-592.2%-21.2%
EPS (₹)0.150.550.100.05(0.36)(4.71)(0.86)
Balance sheet
Total assets54818394.0985.3247.9242.86100
Net worth30516557.4217.67(31.46)(50.14)23.88
Total debt23917.7536.5467.4879.0992.6575.60
Cash & bank2.270.220.3428.640.330.160.36
Net working capital35213447.8136.104.38(11.01)59.60
Cash flow
Cash from operations(57.74)(46.84)(32.40)(0.34)(21.33)(18.70)4.05
Cash from investing(220)(9.86)(0.32)(6.63)0.120.080.01
Cash from financing27956.594.4235.2821.3918.43(4.02)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue57.2062.2850.0466.7728.9041.4639.8648.54
Revenue growth (YoY)+97.9%+50.2%+25.5%+37.6%-37.6%---
Other income1.1916.801.880.630.710.691.710.65
EBITDA4.73(4.15)1.091.653.172.632.302.74
EBITDA margin+8.3%-6.7%+2.2%+2.5%+11.0%+6.3%+5.8%+5.6%
Depreciation0.971.021.031.061.071.020.870.90
Interest0.271.141.010.320.000.010.030.00
Profit before tax4.6810.490.930.902.812.293.112.49
Tax1.182.470.220.110.31(1.50)0.120.02
Net profit3.508.020.710.792.503.792.992.47
EPS (₹)0.040.090.010.010.040.070.060.05
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16817191.8739.8820.0412.5864.72
Revenue growth-1.6%+85.9%+130.4%+99.0%+59.3%-80.6%-
EBITDA2.3710.863.54(4.04)(9.54)(81.88)(12.93)
EBITDA margin+1.4%+6.4%+3.9%-10.1%-47.6%-650.9%-20.0%
Profit before tax13.5535.044.36(0.29)0.36(92.36)(15.68)
Net profit10.449.434.221.65(10.81)(74.37)(13.71)
Net profit margin+6.2%+5.5%+4.6%+4.1%-53.9%-591.2%-21.2%
EPS (₹)0.130.540.100.05(0.36)(4.70)(0.86)
Balance sheet
Total assets31718294.0285.3247.9242.87100
Net worth30116557.3617.67(31.46)(50.14)23.88
Total debt15.3717.2036.5367.4879.0992.6575.60
Cash & bank1.870.150.3228.640.330.160.36
Net working capital16113347.7336.104.38(11.01)59.60
Cash flow
Cash from operations(30.91)(46.34)(32.40)(0.34)(21.33)(11.23)4.05
Cash from investing(91.18)(9.87)(0.33)(6.63)0.120.080.01
Cash from financing12456.054.4135.2821.3910.95(4.02)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue54.1353.6245.8139.8128.9041.4635.8948.54
Revenue growth (YoY)+87.3%+29.3%+27.6%-18.0%-35.6%---
Other income0.4614.040.400.190.710.691.710.65
Total expenses48.9357.1644.3838.5125.7038.7633.9445.78
EBITDA5.20(3.54)1.431.303.202.701.952.76
EBITDA margin+9.6%-6.6%+3.1%+3.3%+11.1%+6.5%+5.4%+5.7%
Depreciation0.971.011.031.051.071.020.870.90
Interest0.000.000.000.000.000.000.020.00
Profit before tax4.699.490.800.442.842.372.772.51
Tax1.182.470.220.110.31(1.50)0.030.02

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue57.2062.2850.0466.7728.9041.4639.8648.54
Revenue growth (YoY)+97.9%+50.2%+25.5%+37.6%-37.6%---
Other income1.1916.801.880.630.710.691.710.65
EBITDA4.73(4.15)1.091.653.172.632.302.74
EBITDA margin+8.3%-6.7%+2.2%+2.5%+11.0%+6.3%+5.8%+5.6%
Depreciation0.971.021.031.061.071.020.870.90
Interest0.271.141.010.320.000.010.030.00
Profit before tax4.6810.490.930.902.812.293.112.49
Tax1.182.470.220.110.31(1.50)0.120.02
Net profit3.508.020.710.792.503.792.992.47
EPS (₹)0.040.090.010.010.040.070.060.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue20817696.7739.8820.0412.5864.72
Revenue growth+18.1%+82.0%+142.7%+99.0%+59.3%-80.6%-
Other income20.0227.854.357.0014.110.238.75
Total expenses20616593.1843.9229.5894.4677.65
Employee cost0.001.491.331.042.622.164.59
EBITDA1.7611.193.59(4.04)(9.54)(81.88)(12.93)
EBITDA margin+0.9%+6.4%+3.7%-10.1%-47.6%-650.9%-20.0%
Depreciation4.173.633.522.923.674.545.54
Interest2.460.040.010.330.546.175.96
Profit before tax15.1535.374.41(0.29)0.36(92.36)(15.68)
Tax3.122.760.14(1.94)6.00(17.86)(1.97)
Net profit12.179.724.271.65(10.81)(74.50)(13.71)
Net profit margin+5.9%+5.5%+4.4%+4.1%-53.9%-592.2%-21.2%
EPS (₹)0.150.550.100.05(0.36)(4.71)(0.86)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital88.5259.3941.9333.2415.8315.8315.83
Reserves & surplus21710615.49(15.57)(47.29)(65.97)8.05
Shareholders' funds (net worth)30516557.4217.67(31.46)(50.14)23.88
Minority interest3.190.000.000.000.000.000.00
Secured loans0.000.0011.5027.5029.2557.1964.99
Unsecured loans23917.7525.0439.9849.8435.4610.61
Total debt23917.7536.5467.4879.0992.6575.60
Total liabilities54818394.0985.3247.9242.86100
Assets
Gross block15882.0172.0671.6358.2558.2358.16
Net block99.7427.7621.4424.5420.7524.4028.87
Capital work in progress0.000.000.000.000.000.000.00
Investments44.450.000.000.000.000.000.00
Inventories27.678.3112.727.8214.9511.9825.08
Sundry debtors11813159.9025.3219.7640.22110
Cash & bank balances2.270.220.3428.640.330.160.36
Loans & advances2229.0518.849.468.468.337.99
Total current assets37014991.8071.2443.5060.69143
Total current liabilities18.0014.8443.9935.1439.1271.7083.85
Net working capital35213447.8136.104.38(11.01)59.60
Total assets54818394.0985.3247.9242.86100
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.220.3428.640.330.160.360.32
Net cash from operating activities(57.74)(46.84)(32.40)(0.34)(21.33)(18.70)4.05
Net cash from investing activities(220)(9.86)(0.32)(6.63)0.120.080.01
Net cash from financing activities27956.594.4235.2821.3918.43(4.02)
Net change in cash2.05(0.12)(28.30)28.310.17(0.20)0.03
Closing cash2.270.220.3428.640.330.160.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.1%+82.0%+142.7%+99.0%+59.3%-80.6%-
EBITDA growth-84.3%+211.7%+188.9%+57.7%+88.4%-533.3%-
PBT growth-57.2%+702.0%+9998.0%-+9998.0%-489.0%+27.2%
Net income growth+25.2%+127.6%+158.8%+115.3%+85.5%-443.4%-
Revenue CAGR (3Y)+73.4%+106.4%+97.4%-14.9%-48.6%-49.1%-28.0%
EBITDA CAGR (3Y)----32.1%-14.0%+213.0%-
Profitability & leverage
Net income margin+5.8%+18.5%+4.4%+4.1%-28.1%-592.2%-21.2%
Return on capital employed-+4.6%+2.1%+0.0%0.0%0.0%0.0%
Return on net worth-+4.8%+2.8%+3.0%0.0%0.0%0.0%
Debt / equity-0.241.390.000.000.002.44
Long-term debt / equity-0.241.320.000.000.000.20
Interest cover-102.070.5314.29-4.74-4.09-7.14-32.27
Efficiency & per share
Fixed asset turnover-2.291.350.610.340.221.11
Inventory turnover-16.759.423.501.490.682.22
Debtors turnover-1.842.271.770.670.170.59
EPS (₹)0.150.550.100.05(0.36)(4.71)(0.86)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.002.781.370.53(1.99)(3.17)1.51
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue54.1353.6245.8139.8128.9041.4635.8948.54
Revenue growth (YoY)+87.3%+29.3%+27.6%-18.0%-35.6%---
Other income0.4614.040.400.190.710.691.710.65
Total expenses48.9357.1644.3838.5125.7038.7633.9445.78
EBITDA5.20(3.54)1.431.303.202.701.952.76
EBITDA margin+9.6%-6.6%+3.1%+3.3%+11.1%+6.5%+5.4%+5.7%
Depreciation0.971.011.031.051.071.020.870.90
Interest0.000.000.000.000.000.000.020.00
Profit before tax4.699.490.800.442.842.372.772.51
Tax1.182.470.220.110.31(1.50)0.030.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16817191.8739.8820.0412.5864.72
Revenue growth-1.6%+85.9%+130.4%+99.0%+59.3%-80.6%-
Other income15.3627.854.357.0014.110.238.75
Total expenses16616088.3343.9229.5894.4677.65
Employee cost0.001.431.321.042.622.164.59
EBITDA2.3710.863.54(4.04)(9.54)(81.88)(12.93)
EBITDA margin+1.4%+6.4%+3.9%-10.1%-47.6%-650.9%-20.0%
Depreciation4.163.633.522.923.674.545.54
Interest0.020.040.010.330.546.175.96
Profit before tax13.5535.044.36(0.29)0.36(92.36)(15.68)
Tax3.112.680.14(1.94)6.00(17.99)(1.97)
Net profit10.449.434.221.65(10.81)(74.37)(13.71)
Net profit margin+6.2%+5.5%+4.6%+4.1%-53.9%-591.2%-21.2%
EPS (₹)0.130.540.100.05(0.36)(4.70)(0.86)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital88.5259.3941.9333.2415.8315.8315.83
Reserves & surplus21310615.43(15.57)(47.29)(65.97)8.05
Shareholders' funds (net worth)30116557.3617.67(31.46)(50.14)23.88
Secured loans0.000.000.0027.5029.2557.1964.99
Unsecured loans15.3717.2036.5339.9849.8435.4610.61
Total debt15.3717.2036.5367.4879.0992.6575.60
Total liabilities31718294.0285.3247.9242.87100
Assets
Gross block84.1882.0172.0671.6358.2558.2358.16
Net block25.7727.7621.4424.5420.7524.4028.87
Capital work in progress0.000.000.000.000.000.000.00
Investments90.120.020.010.000.000.000.00
Inventories27.678.3112.727.8214.9511.9825.08
Sundry debtors10412655.0025.3219.7640.22110
Cash & bank balances1.870.150.3228.640.330.160.36
Loans & advances41.489.0218.849.468.468.337.99
Total current assets17514486.8871.2443.5060.69143
Total current liabilities13.9910.4239.1535.1439.1271.7083.85
Net working capital16113347.7336.104.38(11.01)59.60
Total assets31718294.0285.3247.9242.87100
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.150.3228.640.330.160.350.32
Net cash from operating activities(30.91)(46.34)(32.40)(0.34)(21.33)(11.23)4.05
Net cash from investing activities(91.18)(9.87)(0.33)(6.63)0.120.080.01
Net cash from financing activities12456.054.4135.2821.3910.95(4.02)
Net change in cash1.71(0.17)(28.32)28.310.17(0.20)0.03
Closing cash1.870.150.3228.640.330.160.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-1.6%+85.9%+130.4%+99.0%+59.3%-80.6%-
EBITDA growth-78.2%+206.8%+187.6%+57.7%+88.4%-533.3%-
PBT growth-61.3%+703.7%+9998.0%-+9998.0%-489.0%+27.2%
Net income growth+10.7%+123.5%+155.8%+115.3%+85.5%-442.5%-
Revenue CAGR (3Y)+61.6%+104.3%+94.0%-14.9%-48.6%-49.1%-28.0%
EBITDA CAGR (3Y)----32.1%-14.0%+213.4%-
Profitability & leverage
Net income margin+6.2%+19.0%+4.6%+4.1%-28.1%-591.2%-21.2%
Return on capital employed-+4.5%+2.1%+0.0%0.0%0.0%0.0%
Return on net worth-+4.6%+2.7%+3.0%0.0%0.0%0.0%
Debt / equity-0.241.390.000.000.002.44
Long-term debt / equity-0.241.320.000.000.000.20
Interest cover-1.120.5550.00-4.74-4.09-7.14-32.27
Efficiency & per share
Fixed asset turnover-2.221.280.610.340.221.11
Inventory turnover-16.248.953.501.490.682.22
Debtors turnover-1.892.291.770.670.170.59
EPS (₹)0.130.540.100.05(0.36)(4.70)(0.86)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.002.781.370.53(1.99)(3.17)1.51

To see the full year-wise statements and ratios of Shah Metacorp Limited, buy the company report.

Board of directors of Shah Metacorp Limited

Shah Metacorp has 8 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dipali Manish Shah
Also directs: Sampati Securities Limited, Long View Financial Services Private Limited, Gyscoal Enterprise Private Limited
Director24 Aug 20206 Years 2 MonthsCurrent
Viral Mukundbhai Shah
Also directs: Western Urja Private Limited, Shah Agrocorp Private Limited, Skytech Fintech Services Ifsc Private Limited and 1 more
Additional Director21 Jul 20260 Years 3 MonthsCurrent
Mona Viral Shah
Also directs: Western Urja Private Limited, Shah Agrocorp Private Limited, Skytech Fintech Services Ifsc Private Limited and 5 more
Director11 Feb 20224 Years 8 MonthsCurrent
Hemang Harshadbhai Shah
Also directs: Vilas Transcore Limited, One Global Service Provider Limited, Rotex Automation Limited
Director13 Apr 20224 Years 6 MonthsCurrent
Mahendra Kumar ShuklaWhole-Time Director11 Feb 20224 Years 8 MonthsCurrent
Laxmi Shikandar Jaiswal
Also directs: Shah Agrocorp Private Limited
Director25 May 20224 Years 5 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Shah Metacorp Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shah Metacorp Limitedthis company₹207.99 Cr (FY 2026)₹12.17 Cr5.9%18.1%4Kukarwada, Gujarat, India
Peb Structural Industries Private Limited₹180.63 Cr (FY 2025)12.0%Hyderabad, Telangana, India
Bhiwadi Metal Rollwell Pvt. Ltd.₹179.77 Cr (FY 2025)29.0%Alwar, Rajasthan, India
Quality Multimetals Private Limited₹179.69 Cr (FY 2025)-12.0%Mandi Gobindgarh, Punjab, India
A.N.J. Metal Recycling Private Limited₹179.31 Cr (FY 2025)12.0%Fatehgarh Sahib, Punjab, India
C P Ispat Pvt Ltd₹178.89 Cr (FY 2025)10.0%Kolkata, West Bengal, India
Sun Steel & Power Private Limited₹178.79 Cr (FY 2025)31.0%Raigarh, Chhattisgarh, India
Sharda Ispat Limited₹178.55 Cr (FY 2025)-22.0%Nagpur, Maharashtra, India
KHK Alloys Private Limited₹178.54 Cr (FY 2025)-4.0%Ludhiana, Punjab, India
Hannu Steel Private Limited₹178.53 Cr (FY 2025)-30.0%Delhi, India

To see the full peer comparison of Shah Metacorp Limited, buy the company report.

Auditor

Shah Metacorp Limited is audited by ASHOK DHARIWAL & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHOK DHARIWAL & COFY 2023100648W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 29.50%, foreign institutional investors hold 1.10%, domestic institutional investors hold 1.00% and retail and other public shareholders hold 68.40%.

Promoters: 29.50%DII (Domestic Institutional): 1.00%FII (Foreign Institutional): 1.10%Retail & Others: 68.40%
Sep 2026
QUARTER
29.50% Promoters
1.00% DII (Domestic Institutional)
1.10% FII (Foreign Institutional)
68.40% Retail & Others
Promoter holding - history
Now 29.50% · Sep 2026High 29.50% · Sep 2026Low 29.20% · Dec 2025
28%28.8%29.5%30.3%31%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 29.20%Mar 2026: 29.20%Jun 2026: 29.20%Sep 2026: 29.50%29.20%29.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters29.50%29.20%29.20%29.20%
Public70.50%70.80%70.80%70.80%

Charges & borrowings

Open charges
None
Satisfied charges
₹132.46 Cr
Breakdown by lending institutions
Others₹71.82 Cr
State Bank of Patiala₹31.89 Cr
Axis Bank Limited₹18.75 Cr
Sbi Factors & Commercial Services Private Limited₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Mar 201510576676State Bank of Patiala₹1.89 CrSatisfied
24 May 201010220016State Bank of Patiala₹30 CrSatisfied
14 Feb 200910147457Axis Bank Limited₹18.75 CrSatisfied
03 Jul 200810108803Sbi Factors & Commercial Services Private Limited₹10 CrSatisfied
01 Mar 200680027179Others₹35.91 CrSatisfied

To see the full charge records of Shah Metacorp Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Shah Metacorp Limited has 118 deals on record (116 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹47.88 Cr; the latest was in August 2026.

Total deals
118
Market trades
116
Funding round
1
IPO
1
Disclosed funding
₹47.88 Cr

Deals on record (5 of 118)

WhenDealAmountParties
Aug 2026Market trade₹3.03 CrBuyer: Dhanjit Real Trade LLP
Seller: Dhanjit Real Trade LLP
Aug 2026Market trade₹8.86 CrBuyer: Dhanjit Real Trade LLP , Neo Apex Share Broking Services LLP
Seller: Dhanjit Real Trade LLP , Neo Apex Share Broking Services LLP , an individual
Aug 2026Market trade₹5.46 CrBuyer: Dhanjit Real Trade LLP
Seller: Dhanjit Real Trade LLP
Jul 2026Market trade₹3.57 CrBuyer: Skse Securities Limited
Seller: Skse Securities Limited
Jul 2026Market trade₹2.52 CrBuyer: Dhanjit Real Trade LLP
Seller: Dhanjit Real Trade LLP

To see the full deal history of Shah Metacorp Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shah Metacorp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Shah Metacorp has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Shah Agrocorp Private LimitedU46692GJ2024PTC148024

To see the full group structure of Shah Metacorp Limited, buy the company report.

Employees & EPFO

Shah Metacorp Limited has a workforce of 4 employees on its EPFO records as of Aug 13, 2025, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-20%

GST

Shah Metacorp has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAECS6731M1Z3GujaratActive01 Jul 2017
24AAECS6731M1DCGujaratActive26 Dec 2024

To see the full GST registrations and return filing status of Shah Metacorp Limited, buy the company report.

Recent activity

Shah Metacorp Limited has 50 board changes on record since 1999: 30 appointments and 20 cessations. The latest: Sajjankumar Hetram Nanwal was appointed as Additional Director on 21 Jul 2026.

Appointed
Sajjankumar Hetram Nanwal was appointed as Additional Director.
Appointed
Viral Mukundbhai Shah was appointed as Additional Director.
Filing
Shah Metacorp Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Shah Metacorp Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Adityabhai Jagdishbhai Joshi was appointed as Director.
Ceased
Ravikumar Manojkumar Thakkar ceased to be Director.
Charges
A charge registered on 01 Mar 2006 via Charge ID 80027179 with Others was fully satisfied on 30 Apr 2024.
Charges
A charge registered on 24 Feb 2005 via Charge ID 90110888 with Others was fully satisfied on 30 Apr 2024.
Appointed
Laxmi Shikandar Jaiswal was appointed as Director.
Appointed
Ravikumar Manojkumar Thakkar was appointed as Director.
Ceased
Samirbhai Sharadbhai Jani ceased to be Director.
Ceased
Sunit Jagdishchandra Shah ceased to be Director.

56 earlier events are in the company report.

News

Frequently asked questions

Shah Metacorp is an active public limited company based in Kukarwada, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 September 1999 (27+ years old) and is registered under CIN L46209GJ1999PLC036656. Listed on BSE: 533275 and NSE: SHAH.

Shah Metacorp reported revenue of ₹207.99 Cr for FY 2025-26 (up 18.1% YoY) based on consolidated financials.

Shah Metacorp has 8 current directors:

The latest financial statements of Shah Metacorp on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shah Metacorp is 24AAECS6731M1Z3, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAECS6731M1DC (Gujarat).

The CIN (Corporate Identification Number) of Shah Metacorp is L46209GJ1999PLC036656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shah Metacorp is a listed company as per MCA records. Its shares are listed on both BSE (code: 533275) and NSE (symbol: SHAH).

Shah Metacorp has 21 court cases on record: 14 filed by the company and 7 filed against it. 13 are pending. Most are in the district courts.

Shah Metacorp was incorporated on 29 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Shah Metacorp has 118 deals on record (116 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹47.88 Cr; the latest was in August 2026.

The peers of Shah Metacorp by revenue are Peb Structural Industries Private Limited, Bhiwadi Metal Rollwell Pvt. Ltd, Quality Multimetals Private Limited, A.N.J. Metal Recycling Private Limited, C P Ispat Pvt Ltd and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).