Shah Metacorp Limited - metals and minerals in Kukarwada, Gujarat, India. FY 2026 financials and compliance.
CIN L46209GJ1999PLC036656 Incorporated 29 September 1999 ROC Ahmedabad HQ Kukarwada, Gujarat, India
Active Listed - NSE: GAL · BSE: 533275 Public Limited Company metals and minerals
Data last updated
Revenue · FY 2026
₹207.99 Cr
▲ 18.07% YoY
EBITDA · FY 2026
₹21.78 Cr
▲ 53.33% YoY
Net profit · FY 2026
₹12.14 Cr
▼ 62.77% YoY
Authorised capital
₹110 Cr
Registered with MCA
Paid-up capital
₹88.52 Cr
Issued & subscribed
Open charges
None
Satisfied ₹132.46 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
4
Latest available

About Shah Metacorp Limited

Data last updated: 22 December 2025

Shah Metacorp Limited is a public limited company based in Kukarwada, Gujarat, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 29 September 1999, the company has been in operation for over 27 years.

Registered with ROC Ahmedabad under CIN L46209GJ1999PLC036656. Listed on BSE: 533275 and NSE: GAL.

Capital: an authorised share capital of ₹110 Cr and a paid-up capital of ₹88.52 Cr. It is led by directors including Dipali Manish Shah and Hemang Harshadbhai Shah.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Plot No. 2/3 Gidc Ubkhal Kukarwada Tal. Vijapur Dist. Mehsana, Gujarat, India – 382830.

As per the financials filed for FY 2025, the company reported a revenue of ₹179.18 Cr, a growth of 77% compared to the previous year.

The company has a workforce of approximately 4 employees as per the latest available data. 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.

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 of Shah Metacorp Limited
CIN L46209GJ1999PLC036656
Registration Number 036656
Incorporation Date 29 September 1999
ROC Ahmedabad
Listing Status Listed (BSE: 533275, NSE: GAL)
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • 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
Company report
Shah Metacorp Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Shah Metacorp Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Shah Metacorp Limited

Shah Metacorp Limited 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.

CIN Status
L46209GJ1999PLC036656 Current
U27209GJ1999PTC036656 Previous
U27209GJ1999PLC036656 Previous
L27209GJ1999PLC036656 Previous

Associated Brands with Shah Metacorp Limited

Shah Metacorp Limited operates one associated brand: Shah Metacorp. These brands represent Shah Metacorp Limited's diversified market presence and brand portfolio.

Brand Description Website
Stainless steel products are manufactured, exported, and supplied internationally. gyscoal.com

Business Activity of Shah Metacorp Limited

Shah Metacorp Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including metal and metal products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products *********
G Trade G1 Wholesale Trading *********

Auditor Details of Shah Metacorp Limited

Shah Metacorp Limited is audited by M/s. Ashok Dhariwal & Co. (ICAI peer reviewed, certificate valid till 2028-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/s. Ashok Dhariwal & Co. (ICAI peer reviewed, certificate valid till 2028-08-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Shah Metacorp Limited

Shah Metacorp Limited is currently managed by 9 directors, with 33 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Dipali Manish Shah Director 24 Aug 2020 5 Years 10 Months Current
Hemang Harshadbhai Shah Director 13 Apr 2022 4 Years 2 Months Current
Adityabhai Jagdishbhai Joshi Director 29 Jul 2024 1 Years 11 Months Current
Mahendra Kumar Shukla Director 11 Feb 2022 4 Years 4 Months Current
Laxmi Shikandar Jaiswal Director 25 May 2022 4 Years 1 Months Current
Mona Viral Shah Director 11 Feb 2022 4 Years 4 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Shah Metacorp Limited FY 2026 filings available

Shah Metacorp Limited reported revenue of ₹207.99 Cr (up 18.07% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹207.99 Cr ▲ 18.07%
Profit · FY 2026
₹12.14 Cr ▼ 62.77%
EBITDA · FY 2026
₹21.78 Cr ▲ 53.33%
Revenue₹ Cr · Consolidated0100200300FY 2020: ₹31 Cr31.2FY 2020FY 2021: ₹13 Cr · -59.6% YoY12.6-59.6%FY 2021FY 2022: ₹20 Cr · +59.3% YoY20+59.3%FY 2022FY 2023: ₹40 Cr · +99% YoY39.9+99%FY 2023FY 2024: ₹97 Cr · +142.7% YoY96.8+142.7%FY 2024FY 2025: ₹176 Cr · +82% YoY176+82%FY 2025FY 2026: ₹208 Cr · +18.1% YoY208+18.1%FY 2026
Net Profit₹ Cr · Consolidated-75-50-2502550FY 2020: ₹5 Cr (loss)-4.8FY 2020FY 2021: ₹74 Cr (loss) · -1438% YoY-74.5FY 2021FY 2022: ₹6 Cr (loss) · +92.4% YoY-5.6FY 2022FY 2023: ₹2 Cr · +129.4% YoY1.7+129.4%FY 2023FY 2024: ₹4 Cr · +157.8% YoY4.3+157.8%FY 2024FY 2025: ₹33 Cr · +664.7% YoY32.6+664.7%FY 2025FY 2026: ₹12 Cr · -62.8% YoY12.1-62.8%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100Q1'25: ₹46 Cr · +185% YoY46.3+185%Q1'25Q2'25: ₹49 Cr · +127.6% YoY48.5+127.6%Q2'25Q3'25: ₹40 Cr · +208.7% YoY39.9+208.7%Q3'25Q4'25: ₹41 Cr · -10.4% YoY41.5-10.4%Q4'25Q1'26: ₹29 Cr · -37.6% YoY28.9-37.6%Q1'26Q2'26: ₹96 Cr · +97.1% YoY95.7+97.1%Q2'26Q3'26: ₹50 Cr · +25.5% YoY50+25.5%Q3'26Q4'26: ₹62 Cr · +50.2% YoY62.3+50.2%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹207.99 Cr ₹176.16 Cr ₹96.77 Cr ₹39.88 Cr ₹20.04 Cr ₹12.58 Cr ₹31.16 Cr
Other Income ₹20.02 Cr ₹3.02 Cr ₹4.35 Cr ₹7 Cr ₹2.88 Cr ₹23.19 Lakh ₹5.49 Cr
Total Income ₹228.01 Cr ₹179.18 Cr ₹101.12 Cr ₹46.88 Cr ₹22.92 Cr ₹12.82 Cr ₹36.65 Cr
Cost of Materials Consumed ₹146.01 Cr ₹157.95 Cr ₹65.39 Cr ₹38.14 Cr ₹19.02 Cr ₹15.03 Cr ₹20.25 Cr
Purchases of Stock-in-Trade ₹32.84 Cr ₹0 ₹18.7 Cr ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹6.24 Cr -₹1.91 Cr ₹1.71 Cr ₹17.89 Lakh -₹52.84 Lakh ₹8.31 Cr ₹12.34 Cr
Employee Benefit Expense ₹1.82 Cr ₹1.49 Cr ₹1.33 Cr ₹1.04 Cr ₹2.62 Cr ₹2.16 Cr ₹1.4 Cr
Finance Costs ₹2.46 Cr ₹3.98 Lakh ₹1.43 Lakh ₹32.61 Lakh ₹54.03 Lakh ₹6.17 Cr ₹2.07 Cr
Depreciation & Amortisation ₹4.17 Cr ₹3.63 Cr ₹3.52 Cr ₹2.92 Cr ₹3.67 Cr ₹4.54 Cr ₹1.71 Cr
Other Expenses ₹31.82 Cr ₹7.44 Cr ₹6.04 Cr ₹4.57 Cr ₹8.46 Cr ₹68.96 Cr ₹4.18 Cr
Total Expenses ₹212.87 Cr ₹168.65 Cr ₹96.71 Cr ₹47.17 Cr ₹33.79 Cr ₹105.17 Cr ₹41.95 Cr
Profit Before Exceptional Items & Tax ₹15.14 Cr ₹10.53 Cr ₹4.4 Cr -₹28.76 Lakh -₹10.86 Cr -₹92.36 Cr -₹5.3 Cr
Exceptional Items ₹0 ₹24.82 Cr ₹0 ₹0 ₹11.23 Cr ₹0 ₹0
Profit Before Tax ₹15.14 Cr ₹35.35 Cr ₹4.4 Cr -₹28.76 Lakh ₹36.64 Lakh -₹92.36 Cr -₹5.3 Cr
Total Tax Expense ₹3.12 Cr ₹2.75 Cr ₹14.16 Lakh -₹1.94 Cr ₹6 Cr -₹17.86 Cr -₹45.22 Lakh
Net Profit ₹12.14 Cr ₹32.6 Cr ₹4.26 Cr ₹1.65 Cr -₹5.63 Cr -₹74.49 Cr -₹4.84 Cr
  attributable to Owners ₹12.17 Cr ₹32.6 Cr ₹4.26 Cr ₹1.65 Cr - -₹74.49 Cr -
  attributable to NCI -₹2.99 Lakh -₹5,000 - - - ₹0 -
Other Comprehensive Income -₹3.9 Lakh -₹64,000 ₹7.1 Lakh ₹21.15 Lakh ₹11.52 Lakh ₹47.24 Lakh -₹32.1 Lakh
Total Comprehensive Income ₹12.1 Cr ₹32.59 Cr ₹4.33 Cr ₹1.87 Cr -₹5.52 Cr -₹74.02 Cr -₹5.16 Cr
EBITDA (computed) ₹21.78 Cr ₹14.2 Cr ₹7.94 Cr ₹2.96 Cr -₹6.65 Cr -₹81.64 Cr -₹1.51 Cr
Basic EPS ₹0.15 ₹0.61 ₹0.11 ₹0.06 ₹-0.35 ₹-4.68 ₹0.33
Diluted EPS ₹0.15 ₹0.61 ₹0.11 ₹0.06 ₹-0.35 ₹-4.68 ₹0.33
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹565.66 Cr ₹198.11 Cr ₹138.07 Cr ₹120.4 Cr
Non-current Assets ₹195.26 Cr ₹49.22 Cr ₹46.28 Cr ₹49.23 Cr
Current Assets ₹370.4 Cr ₹148.89 Cr ₹91.79 Cr ₹71.17 Cr
Property, Plant & Equipment ₹25.83 Cr ₹27.76 Cr ₹21.44 Cr ₹24.54 Cr
Inventories ₹27.67 Cr ₹8.31 Cr ₹12.72 Cr ₹7.82 Cr
Trade Receivables ₹118.42 Cr ₹131.33 Cr ₹59.89 Cr ₹25.32 Cr
Cash & Equivalents ₹2.27 Cr ₹22.27 Lakh ₹33.9 Lakh ₹28.64 Cr
Equity (Net Worth) ₹308.38 Cr ₹165.37 Cr ₹57.42 Cr ₹17.61 Cr
Equity Share Capital ₹88.52 Cr ₹59.39 Cr ₹41.93 Cr ₹33.24 Cr
Borrowings (Non-current) ₹239.08 Cr ₹17.75 Cr ₹36.54 Cr ₹62.47 Cr
Borrowings (Current) ₹0 ₹0 ₹0 ₹5.01 Cr
Total Debt (computed) ₹239.08 Cr ₹17.75 Cr ₹36.54 Cr ₹67.48 Cr
Current Liabilities ₹17.99 Cr ₹14.84 Cr ₹43.98 Cr ₹40.15 Cr
Total Liabilities ₹257.27 Cr ₹32.75 Cr ₹80.65 Cr ₹102.79 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹57.74 Cr -₹46.81 Cr -₹32.39 Cr -₹33.62 Lakh -₹21.33 Cr
Investing Cash Flow -₹219.5 Cr -₹9.89 Cr -₹33.29 Lakh -₹6.63 Cr ₹11.52 Lakh
Financing Cash Flow ₹279.29 Cr ₹56.59 Cr ₹4.42 Cr ₹35.28 Cr ₹21.39 Cr
Capital Expenditure ₹2.2 Cr ₹9.95 Cr ₹0 ₹6.71 Cr ₹1.78 Lakh
Free Cash Flow (computed) -₹59.94 Cr -₹56.77 Cr -₹32.39 Cr -₹7.05 Cr -₹21.35 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹2.05 Cr -₹11.63 Lakh -₹28.3 Cr ₹28.31 Cr ₹17.32 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹62.28 Cr ₹50.04 Cr ₹95.67 Cr ₹28.9 Cr ₹41.46 Cr ₹39.86 Cr ₹48.54 Cr ₹46.29 Cr ₹46.28 Cr ₹12.91 Cr ₹21.33 Cr ₹16.24 Cr
Other Income ₹16.8 Cr ₹1.88 Cr ₹1.34 Cr ₹70.74 Lakh ₹68.97 Lakh ₹1.71 Cr ₹64.56 Lakh ₹2.89 Lakh ₹17.29 Lakh ₹20.64 Lakh ₹1.09 Cr ₹3 Cr
Total Income ₹79.08 Cr ₹51.92 Cr ₹97.01 Cr ₹29.61 Cr ₹42.15 Cr ₹41.57 Cr ₹49.19 Cr ₹46.32 Cr ₹46.46 Cr ₹13.12 Cr ₹22.42 Cr ₹19.24 Cr
Cost of Materials Consumed ₹28.16 Cr ₹42.6 Cr ₹75.24 Cr ₹23.98 Cr ₹35.62 Cr ₹34.61 Cr ₹46.53 Cr ₹41.19 Cr ₹30 Cr ₹9.85 Cr ₹17.82 Cr ₹13.67 Cr
Purchases of Stock-in-Trade ₹17.66 Cr ₹2.31 Cr ₹12.86 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹12.75 Cr ₹0 ₹0 ₹0
Changes in Inventories ₹1.27 Cr -₹1.76 Cr -₹5.76 Cr -₹36.62 Lakh ₹93.41 Lakh ₹60.12 Lakh -₹3.68 Cr ₹23.47 Lakh ₹55,000 -₹6.37 Lakh ₹62.96 Lakh ₹1.14 Cr
Employee Benefit Expense ₹52.91 Lakh ₹46.33 Lakh ₹82.37 Lakh ₹38.52 Lakh ₹43.97 Lakh ₹39.29 Lakh ₹38.1 Lakh ₹27.94 Lakh ₹22.21 Lakh ₹28.87 Lakh ₹33.86 Lakh ₹47.96 Lakh
Finance Costs ₹1.14 Cr ₹1.01 Cr ₹32.04 Lakh ₹46,000 ₹57,000 ₹2.6 Lakh ₹30,000 ₹57,000 ₹14,000 ₹6,000 ₹30,000 ₹27,000
Depreciation & Amortisation ₹1.02 Cr ₹1.03 Cr ₹2.13 Cr ₹1.07 Cr ₹1.02 Cr ₹87.26 Lakh ₹90.21 Lakh ₹83.12 Lakh ₹78.89 Lakh ₹88.43 Lakh ₹91.63 Lakh ₹93.48 Lakh
Other Expenses ₹18.8 Cr ₹5.33 Cr ₹7.69 Cr ₹1.73 Cr ₹1.84 Cr ₹1.96 Cr ₹2.56 Cr ₹1.14 Cr ₹1.13 Cr ₹1.36 Cr ₹1.95 Cr ₹1.73 Cr
Total Expenses ₹68.58 Cr ₹50.99 Cr ₹93.3 Cr ₹26.8 Cr ₹39.86 Cr ₹38.46 Cr ₹46.7 Cr ₹43.68 Cr ₹44.9 Cr ₹12.32 Cr ₹21.66 Cr ₹17.96 Cr
Profit Before Exceptional Items & Tax ₹10.5 Cr ₹93.12 Lakh ₹3.71 Cr ₹2.81 Cr ₹2.29 Cr ₹3.11 Cr ₹2.49 Cr ₹2.64 Cr ₹1.56 Cr ₹79.91 Lakh ₹76.39 Lakh ₹1.28 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹24.82 Cr ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹10.5 Cr ₹93.12 Lakh ₹3.71 Cr ₹2.81 Cr ₹2.29 Cr ₹3.11 Cr ₹2.49 Cr ₹27.46 Cr ₹1.56 Cr ₹79.91 Lakh ₹76.39 Lakh ₹1.28 Cr
Total Tax Expense ₹2.47 Cr ₹21.5 Lakh ₹42.53 Lakh ₹31.17 Lakh -₹1.52 Cr ₹11.83 Lakh ₹2.16 Lakh ₹4.12 Cr ₹8.16 Lakh ₹2.8 Lakh ₹45,000 ₹2.74 Lakh
Net Profit ₹8.14 Cr ₹71.62 Lakh ₹3.29 Cr ₹2.49 Cr ₹3.81 Cr ₹3 Cr ₹2.47 Cr ₹23.34 Cr ₹1.48 Cr ₹77.11 Lakh ₹75.94 Lakh ₹1.25 Cr
  attributable to Owners ₹8.29 Cr ₹68.75 Lakh ₹4.56 Cr ₹2.49 Cr ₹3.81 Cr - - ₹23.34 Cr ₹1.48 Cr ₹77.11 Lakh ₹75.94 Lakh -
  attributable to NCI -₹14.6 Lakh ₹2.85 Lakh ₹8.76 Lakh ₹0 ₹0 - - ₹0 - - ₹0 -
Other Comprehensive Income -₹3.9 Lakh ₹0 ₹0 ₹0 -₹64,000 ₹0 ₹0 ₹0 ₹7.1 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹8.1 Cr ₹71.62 Lakh ₹3.29 Cr ₹2.49 Cr ₹3.8 Cr ₹3 Cr ₹2.47 Cr ₹23.34 Cr ₹1.55 Cr ₹77.11 Lakh ₹75.94 Lakh ₹1.25 Cr
EBITDA (computed) ₹12.65 Cr ₹2.97 Cr ₹6.16 Cr ₹3.88 Cr ₹3.32 Cr ₹4.01 Cr ₹3.39 Cr ₹3.47 Cr ₹2.35 Cr ₹1.68 Cr ₹1.68 Cr ₹2.22 Cr
Basic EPS ₹0.09 ₹0.01 ₹0.04 ₹0.04 ₹0.07 ₹0.06 ₹0.05 ₹0.56 ₹0.04 ₹0.02 ₹0.02 ₹0.04
Diluted EPS ₹0.09 ₹0.01 ₹0.04 ₹0.04 ₹0.07 ₹0.06 ₹0.05 ₹0.56 ₹0.04 ₹0.02 ₹0.02 ₹0.04
Latest 12 quarters shown of 24 on record.
Segment · FY 2024 (annual) Revenue Result (PBIT) Assets Liabilities
Segment Revenue (Income) -Agrochemical ₹25.52 Cr ₹2 Cr - -
Segment Revenue (Income) Steel and Alloys ₹75.6 Cr ₹2.4 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹168.14 Cr ₹170.78 Cr ₹91.87 Cr ₹39.88 Cr ₹20.04 Cr ₹12.58 Cr ₹31.16 Cr
Other Income ₹15.36 Cr ₹3.02 Cr ₹4.35 Cr ₹7 Cr ₹2.88 Cr ₹23.19 Lakh ₹5.49 Cr
Total Income ₹183.5 Cr ₹173.81 Cr ₹96.22 Cr ₹46.88 Cr ₹22.92 Cr ₹12.82 Cr ₹36.65 Cr
Cost of Materials Consumed ₹144.65 Cr ₹153.03 Cr ₹60.58 Cr ₹38.14 Cr ₹19.02 Cr ₹15.03 Cr ₹20.25 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹18.7 Cr ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹6.24 Cr -₹1.91 Cr ₹1.71 Cr ₹17.89 Lakh -₹52.84 Lakh ₹8.31 Cr ₹12.34 Cr
Employee Benefit Expense ₹1.63 Cr ₹1.43 Cr ₹1.32 Cr ₹1.04 Cr ₹2.62 Cr ₹2.16 Cr ₹1.4 Cr
Finance Costs ₹1.79 Lakh ₹3.59 Lakh ₹1.43 Lakh ₹32.61 Lakh ₹54.03 Lakh ₹6.17 Cr ₹2.07 Cr
Depreciation & Amortisation ₹4.16 Cr ₹3.63 Cr ₹3.52 Cr ₹2.92 Cr ₹3.67 Cr ₹4.54 Cr ₹1.71 Cr
Other Expenses ₹25.73 Cr ₹7.38 Cr ₹6.03 Cr ₹4.57 Cr ₹8.46 Cr ₹68.96 Cr ₹4.18 Cr
Total Expenses ₹169.95 Cr ₹163.59 Cr ₹91.88 Cr ₹47.17 Cr ₹33.79 Cr ₹105.17 Cr ₹41.95 Cr
Profit Before Exceptional Items & Tax ₹13.55 Cr ₹10.22 Cr ₹4.35 Cr -₹28.76 Lakh -₹10.86 Cr -₹92.36 Cr -₹5.3 Cr
Exceptional Items ₹0 ₹24.82 Cr ₹0 ₹0 ₹11.23 Cr ₹0 ₹0
Profit Before Tax ₹13.55 Cr ₹35.04 Cr ₹4.35 Cr -₹28.76 Lakh ₹36.64 Lakh -₹92.36 Cr -₹5.3 Cr
Total Tax Expense ₹3.11 Cr ₹2.68 Cr ₹14.16 Lakh -₹1.94 Cr ₹6 Cr -₹17.86 Cr -₹45.22 Lakh
Net Profit ₹10.44 Cr ₹32.36 Cr ₹4.21 Cr ₹1.65 Cr -₹5.63 Cr -₹74.49 Cr -₹4.84 Cr
Other Comprehensive Income -₹3.9 Lakh -₹64,000 ₹7.1 Lakh ₹21.15 Lakh ₹11.52 Lakh ₹47.24 Lakh -₹32.1 Lakh
Total Comprehensive Income ₹10.4 Cr ₹32.36 Cr ₹4.28 Cr ₹1.87 Cr -₹5.52 Cr -₹74.02 Cr -₹5.16 Cr
EBITDA (computed) ₹17.73 Cr ₹13.88 Cr ₹7.89 Cr ₹2.96 Cr -₹6.65 Cr -₹81.64 Cr -₹1.51 Cr
Basic EPS ₹0.13 ₹0.61 ₹0.11 ₹0.06 ₹-0.35 ₹-4.68 ₹0.33
Diluted EPS ₹0.13 ₹0.61 ₹0.11 ₹0.06 ₹-0.35 ₹-4.68 ₹0.33
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹330.69 Cr ₹192.88 Cr ₹133.17 Cr ₹120.4 Cr
Non-current Assets ₹156.02 Cr ₹49.24 Cr ₹46.29 Cr ₹49.23 Cr
Current Assets ₹174.66 Cr ₹143.63 Cr ₹86.88 Cr ₹71.17 Cr
Property, Plant & Equipment ₹25.77 Cr ₹27.76 Cr ₹21.44 Cr ₹24.54 Cr
Inventories ₹27.67 Cr ₹8.31 Cr ₹12.72 Cr ₹7.82 Cr
Trade Receivables ₹103.65 Cr ₹126.16 Cr ₹54.99 Cr ₹25.32 Cr
Cash & Equivalents ₹1.87 Cr ₹15.22 Lakh ₹31.9 Lakh ₹28.64 Cr
Equity (Net Worth) ₹301.13 Cr ₹165.1 Cr ₹57.37 Cr ₹17.61 Cr
Equity Share Capital ₹88.52 Cr ₹59.39 Cr ₹41.93 Cr ₹33.24 Cr
Borrowings (Non-current) ₹15.37 Cr ₹17.2 Cr ₹36.53 Cr ₹62.47 Cr
Borrowings (Current) ₹0 ₹0 ₹0 ₹5.01 Cr
Total Debt (computed) ₹15.37 Cr ₹17.2 Cr ₹36.53 Cr ₹67.48 Cr
Current Liabilities ₹13.99 Cr ₹10.42 Cr ₹39.15 Cr ₹40.15 Cr
Total Liabilities ₹29.56 Cr ₹27.78 Cr ₹75.8 Cr ₹102.79 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹30.91 Cr -₹46.34 Cr -₹32.39 Cr -₹33.62 Lakh -₹21.33 Cr
Investing Cash Flow -₹91.18 Cr -₹9.87 Cr -₹33.27 Lakh -₹6.63 Cr ₹11.52 Lakh
Financing Cash Flow ₹123.8 Cr ₹56.05 Cr ₹4.4 Cr ₹35.28 Cr ₹21.39 Cr
Capital Expenditure ₹2.17 Cr ₹9.95 Cr ₹42.96 Lakh ₹6.71 Cr ₹1.78 Lakh
Free Cash Flow (computed) -₹33.08 Cr -₹56.29 Cr -₹32.82 Cr -₹7.05 Cr -₹21.35 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹1.71 Cr -₹16.67 Lakh -₹28.32 Cr ₹28.31 Cr ₹17.32 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹53.62 Cr ₹45.81 Cr ₹68.71 Cr ₹28.9 Cr ₹41.46 Cr ₹35.89 Cr ₹48.54 Cr ₹44.88 Cr ₹41.39 Cr ₹12.91 Cr ₹21.33 Cr ₹16.24 Cr
Other Income ₹14.04 Cr ₹39.54 Lakh ₹89.33 Lakh ₹70.74 Lakh ₹68.97 Lakh ₹1.71 Cr ₹64.56 Lakh ₹2.89 Lakh ₹17.29 Lakh ₹20.64 Lakh ₹1.09 Cr ₹3 Cr
Total Income ₹67.66 Cr ₹46.2 Cr ₹69.6 Cr ₹29.61 Cr ₹42.15 Cr ₹37.61 Cr ₹49.19 Cr ₹44.91 Cr ₹41.56 Cr ₹13.12 Cr ₹22.42 Cr ₹19.24 Cr
Cost of Materials Consumed ₹39.62 Cr ₹41.53 Cr ₹63.5 Cr ₹23.98 Cr ₹35.62 Cr ₹31 Cr ₹46.53 Cr ₹39.88 Cr ₹25.18 Cr ₹9.85 Cr ₹17.82 Cr ₹13.67 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹12.75 Cr ₹0 ₹0 ₹0
Changes in Inventories ₹1.27 Cr -₹1.76 Cr -₹5.76 Cr -₹36.62 Lakh ₹93.41 Lakh ₹60.12 Lakh -₹3.68 Cr ₹23.47 Lakh ₹55,000 -₹6.37 Lakh ₹62.96 Lakh ₹1.14 Cr
Employee Benefit Expense ₹47.46 Lakh ₹41.94 Lakh ₹73.48 Lakh ₹35.27 Lakh ₹42.17 Lakh ₹37.56 Lakh ₹36.47 Lakh ₹26.52 Lakh ₹21.03 Lakh ₹28.87 Lakh ₹33.86 Lakh ₹47.96 Lakh
Finance Costs ₹42,000 ₹47,000 ₹68,000 ₹30,000 ₹42,000 ₹2.36 Lakh ₹6,000 ₹57,000 ₹14,000 ₹6,000 ₹30,000 ₹27,000
Depreciation & Amortisation ₹1.01 Cr ₹1.03 Cr ₹2.12 Cr ₹1.07 Cr ₹1.02 Cr ₹87.26 Lakh ₹90.21 Lakh ₹83.12 Lakh ₹78.89 Lakh ₹88.43 Lakh ₹91.63 Lakh ₹93.48 Lakh
Other Expenses ₹15.79 Cr ₹4.19 Cr ₹5.72 Cr ₹1.73 Cr ₹1.79 Cr ₹1.96 Cr ₹2.56 Cr ₹1.13 Cr ₹1.12 Cr ₹1.36 Cr ₹1.95 Cr ₹1.73 Cr
Total Expenses ₹58.18 Cr ₹45.41 Cr ₹66.33 Cr ₹26.77 Cr ₹39.79 Cr ₹34.83 Cr ₹46.68 Cr ₹42.34 Cr ₹40.06 Cr ₹12.32 Cr ₹21.66 Cr ₹17.96 Cr
Profit Before Exceptional Items & Tax ₹9.49 Cr ₹78.96 Lakh ₹3.27 Cr ₹2.84 Cr ₹2.36 Cr ₹2.77 Cr ₹2.51 Cr ₹2.57 Cr ₹1.5 Cr ₹79.91 Lakh ₹76.39 Lakh ₹1.28 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹24.82 Cr ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹9.49 Cr ₹78.96 Lakh ₹3.27 Cr ₹2.84 Cr ₹2.36 Cr ₹2.77 Cr ₹2.51 Cr ₹27.39 Cr ₹1.5 Cr ₹79.91 Lakh ₹76.39 Lakh ₹1.28 Cr
Total Tax Expense ₹2.47 Cr ₹21.5 Lakh ₹42.5 Lakh ₹31.17 Lakh -₹1.5 Cr ₹3.21 Lakh ₹2.16 Lakh ₹4.12 Cr ₹8.17 Lakh ₹2.8 Lakh ₹45,000 ₹2.74 Lakh
Net Profit ₹7.02 Cr ₹57.46 Lakh ₹2.85 Cr ₹2.53 Cr ₹3.86 Cr ₹2.74 Cr ₹2.48 Cr ₹23.27 Cr ₹1.42 Cr ₹77.11 Lakh ₹75.94 Lakh ₹1.25 Cr
Other Comprehensive Income -₹3.9 Lakh ₹0 ₹0 ₹0 -₹64,000 ₹0 ₹0 ₹0 ₹7.1 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹6.98 Cr ₹57.46 Lakh ₹2.85 Cr ₹2.53 Cr ₹3.86 Cr ₹2.74 Cr ₹2.48 Cr ₹23.27 Cr ₹1.49 Cr ₹77.11 Lakh ₹75.94 Lakh ₹1.25 Cr
EBITDA (computed) ₹10.5 Cr ₹1.83 Cr ₹5.4 Cr ₹3.91 Cr ₹3.39 Cr ₹3.67 Cr ₹3.41 Cr ₹3.41 Cr ₹2.29 Cr ₹1.68 Cr ₹1.68 Cr ₹2.22 Cr
Basic EPS ₹0.08 ₹0.01 ₹0.04 ₹0.04 ₹0.07 ₹0.05 ₹0.05 ₹0.56 ₹0.04 ₹0.02 ₹0.02 ₹0.04
Diluted EPS ₹0.08 ₹0.01 ₹0.04 ₹0.04 ₹0.07 ₹0.05 ₹0.05 ₹0.56 ₹0.04 ₹0.02 ₹0.02 ₹0.04
Latest 12 quarters shown of 25 on record.
Segment · FY 2024 (annual) Revenue Result (PBIT) Assets Liabilities
Segment Revenue (Income) - Agriculture ₹20.63 Cr ₹1.92 Cr - -
Segment Revenue (Income) - Steel ₹75.6 Cr ₹2.42 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Shah Metacorp Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Shah Metacorp Limited

As per the shareholding pattern filed with NSE for the quarter ended Jun 2026, promoters hold 29.49%, foreign institutional investors hold 1.09%, domestic institutional investors hold 1.02%, retail and other public shareholders hold 68.40% of Shah Metacorp Limited. The company had 109,949 shareholders on record.

Promoters: 29.49%DII (Domestic Institutional): 1.02%FII (Foreign Institutional): 1.09%Retail & Others: 68.40%
Jun 2026
QUARTER
29.49% Promoters
1.02% DII (Domestic Institutional)
1.09% FII (Foreign Institutional)
68.40% Retail & Others
Promoter holding - history
Now 29.49% · Jun 2026High 64.94% · Mar 2021Low 27.00% · Aug 2024
26%36%46%56%66%Dec 2015Sep 2018Jun 2021Dec 2023Mar 2026Dec 2015: 59.86%Mar 2016: 60.15%Jun 2016: 60.15%Sep 2016: 60.31%Dec 2016: 59.94%Mar 2017: 61.45%Jun 2017: 61.70%Sep 2017: 61.83%Dec 2017: 62.02%Mar 2018: 62.26%Jun 2018: 62.34%Sep 2018: 62.34%Dec 2018: 63.27%Mar 2019: 64.86%Jun 2019: 64.80%Sep 2019: 64.86%Dec 2019: 64.86%Mar 2020: 64.87%Jun 2020: 64.88%Sep 2020: 64.88%Dec 2020: 64.88%Mar 2021: 64.94%Jun 2021: 60.24%Sep 2021: 54.13%Dec 2021: 51.56%Mar 2022: 51.56%Jun 2022: 51.56%Sep 2022: 38.19%Dec 2022: 38.19%Mar 2023: 39.52%Jun 2023: 39.52%Jul 2023: 38.88%Sep 2023: 36.16%Dec 2023: 36.16%Mar 2024: 36.16%Jun 2024: 36.18%Aug 2024: 27.00%Sep 2024: 29.81%Dec 2024: 30.87%Mar 2025: 30.87%Jun 2025: 33.17%Jul 2025: 29.15%Sep 2025: 29.15%Dec 2025: 29.15%Mar 2026: 29.15%Jun 2026: 29.49%64.94%27.00%29.49%
Shareholding trend - last 6 quarters
Jun 2026Mar 2026Dec 2025Sep 2025Jul 2025Jun 2025
Promoters29.49%29.15%29.15%29.15%29.15%33.17%
Public70.51%70.85%70.85%70.85%70.85%66.83%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters29.15%30.87%36.16%39.52%51.56%64.94%64.87%64.86%62.26%61.45%60.15%
Public70.85%69.13%63.84%60.48%48.44%35.06%35.13%35.14%37.74%38.55%39.85%
Promoter change (YoY, %pts)-1.72-5.29-3.36-12.04-13.38+0.07+0.01+2.60+0.81+1.30-

Board & Governance of Shah Metacorp Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Shah Metacorp Limited has 6 directors - 3 independent and 2 executive. The board is chaired by MONA VIRAL SHAH.

DirectorPositionOn board sinceListed boards
MONA VIRAL SHAH Executive Director · Chairperson 2022-02-11 1
MAHENDRA KUMAR SHUKLA Executive Director 2022-02-11 1
DIPALI MANISH SHAH Non-Executive - Non Independent Director 2020-08-24 1
ADITYABHAI JAGDISHBHAI JOSHI Non-Executive - Independent Director 2024-07-29 4
HEMANG HARSHADBHAI SHAH Non-Executive - Independent Director 2022-04-13 3
LAXMI SHIKANDAR JAISWAL Non-Executive - Independent Director 2022-05-25 1
Board Committees
CommitteeMembers
Audit Committee ADITYABHAI JAGDISHBHAI JOSHI (Chairperson), LAXMI SHIKANDAR JAISWAL, HEMANG HARSHADBHAI SHAH, MAHENDRA KUMAR SHUKLA
Nomination and remuneration committee HEMANG HARSHADBHAI SHAH (Chairperson), LAXMI SHIKANDAR JAISWAL, ADITYABHAI JAGDISHBHAI JOSHI, DIPALI MANISH SHAH
Stakeholders Relationship Committee HEMANG HARSHADBHAI SHAH (Chairperson), MAHENDRA KUMAR SHUKLA, DIPALI MANISH SHAH, MONA VIRAL SHAH
Committee of directors DIPALI MANISH SHAH (Chairperson), MONA VIRAL SHAH, ADITYABHAI JAGDISHBHAI JOSHI
Rights Issue Committee MONA VIRAL SHAH (Chairperson), DIPALI MANISH SHAH, ADITYABHAI JAGDISHBHAI JOSHI

Group Structure of Shah Metacorp Limited

Shah Metacorp Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Shah Metacorp Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Shah Agrocorp Private Limited U46692GJ2024PTC148024 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Shah Metacorp Limited

Open charges
₹0
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
DateLenderAmountStatus
31 Mar 2015 State Bank of Patiala ₹1.89 Cr Satisfied
24 May 2010 State Bank of Patiala ₹30 Cr Satisfied
14 Feb 2009 Axis Bank Limited ₹18.75 Cr Satisfied
03 Jul 2008 Sbi Factors & Commercial Services Private Limited ₹10 Cr Satisfied
01 Mar 2006 Others ₹35.91 Cr Satisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Shah Metacorp Limited

Shah Metacorp Limited has a workforce of 4 employees as of Aug 13, 2025.

Employee count
4
Active EPFO establishments
1
Employee growth
-20%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Shah Metacorp Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
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GST Compliance of Shah Metacorp Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Shah Metacorp Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Shah Metacorp Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Shah Metacorp Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Shah Metacorp Limited

MSME Payment Delays by Shah Metacorp Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Shah Metacorp Limited

Subsidiaries & Group Companies of Shah Metacorp Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Shah Metacorp Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Shah Metacorp Limited

MCA Filings & Documents of Shah Metacorp Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Shah Metacorp Limited

Activity
30 Sep 2024
Shah Metacorp Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Directors
29 Jul 2024
Adityabhai Jagdishbhai Joshi was appointed as a Director on 29 Jul 2024 & has been associated with this company since 1 year 11 months.
Charges
30 Apr 2024
A charge registered on 01 Mar 2006 via Charge ID 80027179 with Others was fully satisfied on 30 Apr 2024.
Charges
30 Apr 2024
A charge registered on 24 Feb 2005 via Charge ID 90110888 with Others was fully satisfied on 30 Apr 2024.
Activity
31 Mar 2024
Shah Metacorp Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Directors
14 Aug 2023
Narendra Kumar was appointed as a CFO on 14 Aug 2023 & has been associated with this company since 2 years 10 months.

Recent News on Shah Metacorp Limited

Frequently Asked Questions about Shah Metacorp Limited

Shah Metacorp Limited is an active public limited company in the metals and minerals sector based in Kukarwada, Gujarat, India. It was incorporated on 29 September 1999 (27+ years old) and is registered under CIN L46209GJ1999PLC036656. Listed on BSE: 533275 and NSE: GAL. The company has 4 employees.

Shah Metacorp Limited reported revenue of ₹179.18 Cr for FY 2025 (up 77.00% YoY).

The current directors of Shah Metacorp Limited are:

The primary industry of Shah Metacorp Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.

Yes. Shah Metacorp Limited is listed on both BSE (code: 533275) and NSE (symbol: GAL).

Shah Metacorp Limited can be reached at the registered office: Plot No. 23 Gidc Ubkhal Kukarwada Tal. Vijapur Dist. Mehsana, Gujarat, India – 382830, or through the website gyscoal.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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