Sheetal Cool Products Limited

BSE: 540757 NSE: SCPL
Sheetal Cool Products Limited - environment in Amreli, Gujarat, India. FY 2026 financials & compliance.
CIN L15205GJ2013PLC077205 Incorporated 14 October 2013 ROC Ahmedabad HQ Amreli, Gujarat, India
Active Listed - NSE: SCPL · BSE: 540757 Public Limited Company environment
Data last updated
Market Cap
₹613 Cr
SCPL · NSE
Share Price
₹599.10
+2.64% today
Revenue
₹366 Cr
FY 2025-26 · +13.9% YoY
EBITDA
₹41.18 Cr
Margin 11.2%
Net Profit
₹19.11 Cr
FY 2025-26 · +4.5% YoY
P/E (TTM)
29.1x
P/B 4.0x
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.5 Cr
Issued & subscribed

About Sheetal Cool Products Limited

Data last updated:

Sheetal Cool Products Limited is a public limited company based in Amreli, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 14 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L15205GJ2013PLC077205. Its GSTIN is 24AATCS7449H1ZQ (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 540757 and NSE: SCPL.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.5 Cr. It was formerly known as Sheetal Cool Products Private Limited. It is led by directors including Bhupatbhai Dakubhai Bhuva (Managing Director) and Dinesh Kumar Dakubhai Bhuva (Whole-Time Director).

Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at G I D C Plot No. 75 To 81, Amreli, Gujarat, India – 365601.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹366 Cr, a growth of 13.9% compared to the previous year. For the same year it recorded a net profit of ₹19.11 Cr (net margin 5.2%) and EBITDA of ₹41.18 Cr (EBITDA margin 11.3%). The net worth stands at ₹156.91 Cr (up 19.7% YoY). Total assets are valued at ₹223.3 Cr (up 3.4% YoY).

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sheetal Ice Cream. As per MCA filings, the company has open charges of ₹109.85 Cr and satisfied charges of ₹225.1 Cr on record. Court records list 8 cases involving the company, including 8 filed against it. The company has 26 deals on record (25 market trades, 1 ipo); the latest was in July 2026.

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

Company details

CIN L15205GJ2013PLC077205
Registration Number 077205
Incorporation Date 14 October 2013
ROC Ahmedabad
Listing Status Listed - Listed on NSE (SCPL); Listed on BSE (540757)
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Sheetal Cool Products has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15205GJ2013PLC077205, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L15205GJ2013PLC077205Current
U15205GJ2013PTC077205Previous
U15205GJ2013PLC077205Previous
Key People
Bhupatbhai Dakubhai Bhuva Managing Director Dinesh Kumar Dakubhai Bhuva Whole-Time Director Sanjay Dakubhai Bhuva Whole-Time Director

Contact details

Sheetal Cool Products Limited's registered office is in Amreli, Gujarat. Its website is sheetalicecream.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sheetalicecream.com
  • Social Media
  • Registered Address
    G I D C Plot No. 75 To 81, Amreli, Gujarat, India – 365601
  • Industry
    Environment, Solar Energy Solutions, Wind Energy Solutions

To see the full contact details of Sheetal Cool Products Limited, buy the company report.

Comprehensive company report
Sheetal Cool Products 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

Sheetal Cool Products operates one associated brand: Sheetal Ice Cream. Each brand links to its own profile.

BrandDescriptionWebsite
Sheetal Ice Cream
Produces and sells a variety of ice cream flavors through retailers in India.sheetalicecream.com

Business activity

The main business activity of Sheetal Cool Products is manufacturing. In detail, this covers manufacture of food products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing10Manufacture of food products

To see the full business activity and turnover split of Sheetal Cool Products Limited, buy the company report.

Financials of Sheetal Cool Products Limited

FY 2025-26 filings available

Sheetal Cool Products Limited reported revenue of ₹366 Cr (up 13.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹366 Cr
+13.9% YoY
EBITDA
₹41.18 Cr
+13.1% YoY
Profit After Tax
₹19.11 Cr
+4.5% YoY
Net Worth
₹157 Cr
+19.7% YoY
Total Assets
₹223 Cr
+3.4% YoY
Total Debt
₹49.83 Cr
-33.7% 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
Revenue366321353340327232259
Revenue growth+13.9%-8.9%+3.7%+4.1%+40.9%-10.4%-
EBITDA41.1836.4243.4843.1437.4522.9732.15
EBITDA margin+11.3%+11.3%+12.3%+12.7%+11.5%+9.9%+12.4%
Profit before tax25.9422.5228.1927.6924.718.3212.85
Net profit19.1118.2921.6021.7618.473.0110.00
Net profit margin+5.2%+5.7%+6.1%+6.4%+5.7%+1.3%+3.9%
EPS (₹)18.2115.7819.8519.4817.465.819.34
Balance sheet
Total assets223216207191159138134
Net worth15713111593.6973.2254.8048.70
Total debt49.8375.2083.5785.7774.1971.3451.80
Cash & bank0.5210.025.041.940.944.080.56
Net working capital17017015913810471.5840.48
Cash flow
Cash from operations34.2638.0829.9117.625.396.4921.33
Cash from investing(18.26)(18.17)(15.70)(20.74)(6.46)(16.24)(25.13)
Cash from financing(25.51)(14.93)(11.11)4.11(2.07)13.271.31
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13313363.8855.9111393.5551.0152.99
Revenue growth (YoY)+17.5%+42.5%+25.2%+5.5%-8.8%---
Other income0.050.300.230.090.09(9.90)0.0210.19
Total expenses11911854.6349.7010273.0145.2555.95
EBITDA13.9815.289.256.2110.4420.545.76(2.96)
EBITDA margin+10.5%+11.5%+14.5%+11.1%+9.2%+22.0%+11.3%-5.6%
Depreciation2.402.252.252.561.792.022.041.96
Interest2.292.291.701.561.552.021.541.44
Profit before tax9.3411.045.532.187.196.602.203.83
Tax2.352.881.530.581.841.860.071.58

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13313363.8855.9111393.5551.0152.99
Revenue growth (YoY)+17.5%+42.5%+25.2%+5.5%-8.8%---
Other income0.050.300.230.090.09(9.90)0.0210.19
Total expenses11911854.6349.7010273.0145.2555.95
EBITDA13.9815.289.256.2110.4420.545.76(2.96)
EBITDA margin+10.5%+11.5%+14.5%+11.1%+9.2%+22.0%+11.3%-5.6%
Depreciation2.402.252.252.561.792.022.041.96
Interest2.292.291.701.561.552.021.541.44
Profit before tax9.3411.045.532.187.196.602.203.83
Tax2.352.881.530.581.841.860.071.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue366321353340327232259
Revenue growth+13.9%-8.9%+3.7%+4.1%+40.9%-10.4%-
Other income0.710.772.791.723.176.721.26
Total expenses325285309297289209227
Employee cost0.0019.3020.3923.6816.7614.5616.23
EBITDA41.1836.4243.4843.1437.4522.9732.15
EBITDA margin+11.3%+11.3%+12.3%+12.7%+11.5%+9.9%+12.4%
Depreciation8.857.949.179.6410.9015.0115.86
Interest7.106.738.917.535.016.364.70
Profit before tax25.9422.5228.1927.6924.718.3212.85
Tax6.835.937.377.256.372.223.04
Net profit19.1118.2921.6021.7618.473.0110.00
Net profit margin+5.2%+5.7%+6.1%+6.4%+5.7%+1.3%+3.9%
EPS (₹)18.2115.7819.8519.4817.465.819.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.5010.5010.5010.5010.5010.5010.50
Reserves & surplus14012110483.1962.7244.3038.20
Shareholders' funds (net worth)15713111593.6973.2254.8048.70
Secured loans39.5975.2076.2578.0149.4762.6151.80
Unsecured loans10.240.007.327.7624.728.730.00
Total debt49.8375.2083.5785.7774.1971.3451.80
Total liabilities223216207191159138134
Assets
Gross block142125121117112113127
Net block48.2239.8743.9349.1553.0265.4892.23
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories15214813016811797.1850.88
Sundry debtors35.6645.5350.003.1620.785.5225.21
Cash & bank balances0.5210.025.041.940.944.080.56
Loans & advances22.961.431.551.011.281.612.62
Total current assets21120518617414010879.27
Total current liabilities41.2734.9427.4736.1336.5436.8138.79
Net working capital17017015913810471.5840.48
Total assets223216207191159138134
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash10.025.041.940.944.080.563.06
Net cash from operating activities34.2638.0829.9117.625.396.4921.33
Net cash from investing activities(18.26)(18.17)(15.70)(20.74)(6.46)(16.24)(25.13)
Net cash from financing activities(25.51)(14.93)(11.11)4.11(2.07)13.271.31
Net change in cash(9.50)4.983.101.00(3.14)3.52(2.50)
Closing cash0.5210.025.041.940.944.080.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.9%-8.9%+3.7%+4.1%+40.9%-10.4%-
EBITDA growth+13.1%-16.2%+0.8%+15.2%+63.0%-28.6%-
PBT growth+15.2%-20.1%+1.8%+12.1%+197.0%-35.3%+215.0%
Net income growth+4.5%-15.3%-0.7%+17.8%+513.6%-69.9%-
Revenue CAGR (3Y)+2.5%-0.6%+15.0%+9.5%+11.8%+3.9%+18.8%
EBITDA CAGR (3Y)-1.5%-0.9%+23.7%+10.3%+37.3%+17.6%+61.2%
Profitability & leverage
Net income margin+5.2%+5.2%+5.9%+6.0%+5.6%+2.6%+3.8%
Return on capital employed-+15.0%+18.7%+20.2%+20.0%+7.7%+14.5%
Return on net worth-+14.9%+20.0%+24.5%+28.7%+5.8%+22.4%
Debt / equity-0.650.810.961.141.191.11
Long-term debt / equity-0.050.100.170.340.570.78
Interest cover21.9623.6325.9722.4818.8779.9028.85
Efficiency & per share
Fixed asset turnover-2.622.972.982.911.932.21
Inventory turnover-2.322.372.393.053.135.75
Debtors turnover-6.7313.2728.4324.8515.0914.92
EPS (₹)18.2115.7819.8519.4817.465.819.34
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00124.87109.0889.2369.7452.1946.38

To see the full year-wise statements and ratios of Sheetal Cool Products Limited, buy the company report.

Board of directors of Sheetal Cool Products Limited

Sheetal Cool Products has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajaykumar Vipulbhai MandankaDirector04 Sep 20179 Years 2 MonthsCurrent
Kiranben Nileshbhai GajeraDirector04 Sep 20179 Years 2 MonthsCurrent
Dinesh Kumar Dakubhai BhuvaWhole-Time Director14 Oct 201313 Years 0 MonthsCurrent
Bhupatbhai Dakubhai BhuvaManaging Director14 Oct 201313 Years 0 MonthsCurrent
Sanjay Dakubhai BhuvaWhole-Time Director14 Oct 201313 Years 0 MonthsCurrent
Vijay Bhagwanbhai DesaiDirector25 Aug 20224 Years 2 MonthsCurrent
View all directors

Auditor

Sheetal Cool Products Limited is audited by H.B. Kalaria & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
H.B. Kalaria & AssociatesFY 2025104571W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 70.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 29.80%.

Promoters: 70.10%DII (Domestic Institutional): 0.10%Retail & Others: 29.80%
Sep 2026
QUARTER
70.10% Promoters
0.10% DII (Domestic Institutional)
29.80% Retail & Others
Promoter holding - history
Now 70.10% · Sep 2026High 70.10% · Sep 2026Low 65.60% · Dec 2025
64%66%68%70%72%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 65.60%Mar 2026: 65.60%Jun 2026: 67.10%Sep 2026: 70.10%65.60%70.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters70.10%67.10%65.60%65.60%
Public29.90%32.90%34.40%34.40%

Charges & borrowings

Open charges
₹109.85 Cr
Satisfied charges
₹225.1 Cr
Breakdown by lending institutions
Axis Bank Limited₹96.01 Cr
The Hongkong and Shanghai Banking Corporation Limited₹13.50 Cr
Hdfc Bank Limited₹0.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Jul 2026101350372Axis Bank Limited₹13.99 CrOpen
21 Nov 2025101197418Axis Bank Limited₹42.35 LakhOpen
27 May 2025101106184The Hongkong and Shanghai Banking Corporation Limited₹13.5 CrOpen
26 Nov 2024101009606Axis Bank Limited₹81.6 CrOpen
31 May 2023100729977Hdfc Bank Limited₹18.35 LakhOpen

To see the full charge records of Sheetal Cool Products Limited, buy the company report.

Total charge records: 30 View all charges

Deals & funding

Sheetal Cool Products Limited has 26 deals on record (25 market trades, 1 ipo); the latest was in July 2026.

Total deals
26
Market trades
25
IPO
1

Deals on record (5 of 26)

WhenDealAmountParties
Jan 2025Market trade₹1.94 CrBuyer: Evoke Management Services LLP
Jul 2024Market trade₹9.25 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP , an individual
Jul 2024Market trade₹6.87 CrBuyer: Graviton Research Capital LLP , Nasser Investments
Seller: Graviton Research Capital LLP
Jun 2024Market trade₹15.32 CrBuyer: Julius Baer Wealth Advisors (India) Private Limited - Error Account, Augmenta Value Trust - Scheme 1, Graviton Research Capital LLP
Seller: Julius Baer Wealth Advisors (India) Private Limited - Error Account, Graviton Research Capital LLP , Magpro Securities Private Limited
May 2024Market trade₹3.4 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP

To see the full deal history of Sheetal Cool Products Limited, buy the company report.

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

Credit ratings & regulatory alerts

Sheetal Cool Products Limited was last rated by Icra on 09 Jun 2016.

Rating agencyRated onRating
Icra09 Jun 2016

To see the full credit ratings and regulatory alerts of Sheetal Cool Products Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Sheetal Cool Products Limited has a workforce of 14 employees on its EPFO records as of Apr 14, 2025, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
-44%

GST

Sheetal Cool Products has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AATCS7449H1ZQGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Sheetal Cool Products Limited, buy the company report.

Recent activity

Sheetal Cool Products Limited has 13 board changes on record since 2013: 10 appointments and 3 cessations. The latest: Bharat Trivedi was appointed as Company Secretary on 12 Sep 2023.

Charges
A charge with Axis Bank Limited of Rs. 13.99 Cr registered on 08 Jul 2026 with Charge ID 101350372 was modified on 03 Aug 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 13.99 Cr with Charge ID 101350372 was registered on 08 Jul 2026.
Filing
Sheetal Cool Products Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 13.50 Cr registered on 27 May 2025 with Charge ID 101106184 was modified on 26 Feb 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.42 Cr with Charge ID 101197418 was registered on 21 Nov 2025.
AGM
Sheetal Cool Products Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 13.50 Cr with Charge ID 101106184 was registered on 27 May 2025.
Charges
A charge registered on 27 Dec 2022 via Charge ID 100659863 with Hdfc Bank Limited was fully satisfied on 06 Mar 2025.
Charges
A charge registered on 27 Dec 2022 via Charge ID 100659866 with Hdfc Bank Limited was fully satisfied on 04 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 81.60 Cr registered on 26 Nov 2024 with Charge ID 101009606 was modified on 27 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 81.60 Cr with Charge ID 101009606 was registered on 26 Nov 2024.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100399079 with Others was fully satisfied on 13 Nov 2024.

67 earlier events are in the company report.

News

SCPL: Q2 STANDALONE NET PROFIT 32.4M RUPEES VS 15.9M (YOY); REVENUE 653.1M RUPEES VS 559.1M (YOY)
07 Nov 2026 · Exchange Update
SCPL: Q2 EBITDA 83.6M RUPEES VS 62.1M (YOY); Q2 EBITDA MARGIN 12.81% VS 11.10% (YOY)
07 Nov 2026 · Exchange Update

Frequently asked questions

Sheetal Cool Products is an active public limited company based in Amreli, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 14 October 2013 (13+ years old) and is registered under CIN L15205GJ2013PLC077205. Listed on BSE: 540757 and NSE: SCPL.

Sheetal Cool Products reported revenue of ₹366 Cr for FY 2025-26 (up 13.9% YoY) based on standalone financials.

Sheetal Cool Products has 6 current directors:

The latest financial statements of Sheetal Cool Products on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sheetal Cool Products is 24AATCS7449H1ZQ, registered in Gujarat.

The CIN (Corporate Identification Number) of Sheetal Cool Products is L15205GJ2013PLC077205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Sheetal Cool Products is a listed company as per MCA records. Its shares are listed on both BSE (code: 540757) and NSE (symbol: SCPL).

Sheetal Cool Products has 8 court cases on record: 8 filed against it. Most are in the district courts.

Sheetal Cool Products was incorporated on 14 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sheetal Cool Products has 26 deals on record (25 market trades, 1 ipo); the latest was in July 2026.