Shish Industries Limited - packaging in Surat City, Gujarat, India. FY 2026 financials and compliance.
CIN L25209GJ2017PLC097273 Incorporated 11 May 2017 ROC Ahmedabad HQ Surat City, Gujarat, India
Active Listed - BSE: 540693 Public Limited Company packaging
Data last updated
Revenue · FY 2026
₹134.39 Cr
▲ 15.6% YoY
EBITDA · FY 2026
₹17.9 Cr
▲ 19.08% YoY
Net profit · FY 2026
₹7.27 Cr
▲ 21.69% YoY
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹38.2 Cr
Issued & subscribed
Open charges
₹41.66 Cr
Satisfied ₹8.13 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
36
Latest available

About Shish Industries Limited

Data last updated: 06 January 2026

Shish Industries Limited is a public limited company based in Surat City, Gujarat, India. It specialises in laminated and corrugated packaging, a part of the broader packaging sector. Incorporated on 11 May 2017, the company has been in operation for over 9 years.

Registered with ROC Ahmedabad under CIN L25209GJ2017PLC097273. Listed on BSE: 540693.

Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹38.2 Cr. It is led by directors including Satishkumar Dayabhai Maniya and Rajesh Kalubhai Mepani.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Surat City, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹119.85 Cr, a growth of 36% compared to the previous year.

The company has a workforce of approximately 36 employees as per the latest available data. Its group structure includes 2 subsidiaries.

The company is associated with 2 brands - Shish Industries Limited, Shish Industries. As per MCA filings, the company has open charges of ₹41.66 Cr and satisfied charges of ₹8.13 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 shishindustries.com.

Company Details of Shish Industries Limited
CIN L25209GJ2017PLC097273
Registration Number 097273
Incorporation Date 11 May 2017
ROC Ahmedabad
Listing Status Listed (BSE: 540693)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    1502 15Th Floor Junomoneta Tower Pal Rto Brts Road, Near Rajhans Cinema Adajan Gam Adajan, Surat City, Gujarat, India – 395009
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper
Company report
Shish Industries Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Shish Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Shish Industries Limited

Shish Industries Limited has one previous CIN (Corporate Identification Number): U25209GJ2017PLC097273. The current CIN is L25209GJ2017PLC097273, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L25209GJ2017PLC097273 Current
U25209GJ2017PLC097273 Previous

Associated Brands with Shish Industries Limited

Shish Industries Limited operates two associated brands: Shish Industries Limited and Shish Industries. These brands represent Shish Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufacturing, exporting, and supplying industrial products in material handling and building materials. shishindustries.co.in
Shish Industries shishindustries.com

Business Activity of Shish Industries Limited

Shish Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products *********

Auditor Details of Shish Industries Limited

Shish Industries Limited is audited by K P C M & Co. (ICAI peer reviewed, certificate valid till 2026-07-31) for the financial year 2026, as reported in its BSE 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
K P C M & Co. (ICAI peer reviewed, certificate valid till 2026-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Shish Industries Limited

Shish Industries Limited is currently managed by 8 directors, with 13 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
Satishkumar Dayabhai Maniya Managing Director 11 May 2017 9 Years 1 Months Current
Rajesh Kalubhai Mepani Director 05 Jun 2017 9 Years 1 Months Current
Nareshkumar Parshottambhai Lakhani Director 08 Jan 2021 5 Years 6 Months Current
Nitaben Satishkumar Maniya Director 11 May 2017 9 Years 1 Months Current
Rameshbhai Virjibhai Kakadiya Director 11 May 2017 9 Years 1 Months Current
Shital Tamakuwala Director 21 Mar 2025 1 Years 3 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Shish Industries Limited FY 2026 filings available

Shish Industries Limited reported revenue of ₹134.39 Cr (up 15.6% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹134.39 Cr ▲ 15.6%
Profit · FY 2026
₹7.27 Cr ▲ 21.69%
EBITDA · FY 2026
₹17.9 Cr ▲ 19.08%
Revenue₹ Cr · Consolidated050100150FY 2022: ₹50 Cr50FY 2022FY 2023: ₹69 Cr · +37% YoY68.5+37%FY 2023FY 2024: ₹86 Cr · +25.1% YoY85.7+25.1%FY 2024FY 2025: ₹116 Cr · +35.6% YoY116+35.6%FY 2025FY 2026: ₹134 Cr · +15.6% YoY134+15.6%FY 2026
Net Profit₹ Cr · Consolidated0510FY 2022: ₹3 Cr2.6FY 2022FY 2023: ₹7 Cr · +155.8% YoY6.8+155.8%FY 2023FY 2024: ₹8 Cr · +18.1% YoY8+18.1%FY 2024FY 2025: ₹6 Cr · -25.4% YoY6-25.4%FY 2025FY 2026: ₹7 Cr · +21.7% YoY7.3+21.7%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02040Q1'25: ₹23 Cr23.1Q1'25Q2'25: ₹23 Cr22.6Q2'25Q3'25: ₹35 Cr35Q3'25Q4'25: ₹36 Cr35.5Q4'25Q1'26: ₹33 Cr · +43.5% YoY33.1+43.5%Q1'26Q2'26: ₹30 Cr · +31.5% YoY29.8+31.5%Q2'26Q3'26: ₹33 Cr · -4.8% YoY33.4-4.8%Q3'26Q4'26: ₹38 Cr · +7.4% YoY38.2+7.4%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹134.39 Cr ₹116.25 Cr ₹85.74 Cr ₹68.54 Cr ₹50.02 Cr
Other Income ₹5.55 Cr ₹3.6 Cr ₹2.64 Cr ₹1.79 Cr ₹97.06 Lakh
Total Income ₹139.94 Cr ₹119.85 Cr ₹88.38 Cr ₹70.33 Cr ₹50.99 Cr
Cost of Materials Consumed ₹86 Cr ₹69.68 Cr ₹62.87 Cr ₹51.64 Cr ₹38.74 Cr
Purchases of Stock-in-Trade ₹2.54 Cr ₹6.87 Cr ₹1.72 Cr ₹0 ₹0
Changes in Inventories ₹1.94 Cr -₹3.89 Cr -₹5.89 Cr -₹2.43 Cr ₹61.47 Lakh
Employee Benefit Expense ₹9.75 Cr ₹11.68 Cr ₹5.22 Cr ₹2.66 Cr ₹1.55 Cr
Finance Costs ₹3.28 Cr ₹2.54 Cr ₹95.02 Lakh ₹51.23 Lakh ₹39.88 Lakh
Depreciation & Amortisation ₹5.67 Cr ₹4.57 Cr ₹1.44 Cr ₹1.28 Cr ₹1.1 Cr
Other Expenses ₹21.81 Cr ₹20.48 Cr ₹10.94 Cr ₹7.68 Cr ₹5.12 Cr
Total Expenses ₹130.98 Cr ₹111.94 Cr ₹77.24 Cr ₹61.35 Cr ₹47.52 Cr
Profit Before Exceptional Items & Tax ₹8.96 Cr ₹7.92 Cr ₹11.14 Cr ₹8.98 Cr ₹3.47 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹8.96 Cr ₹7.92 Cr ₹11.14 Cr ₹8.98 Cr ₹3.47 Cr
Total Tax Expense ₹3.07 Cr ₹1.95 Cr ₹3.13 Cr ₹2.2 Cr ₹82.23 Lakh
Net Profit ₹7.27 Cr ₹5.97 Cr ₹8 Cr ₹6.78 Cr ₹2.65 Cr
  attributable to Owners - ₹0 ₹8 Cr - ₹2.65 Cr
  attributable to NCI ₹0 ₹2.77 Cr ₹0 - ₹0
Other Comprehensive Income -₹10.62 Lakh -₹1.11 Lakh ₹3.39 Lakh ₹0 ₹0
Total Comprehensive Income ₹7.16 Cr ₹5.96 Cr ₹8.04 Cr ₹6.78 Cr ₹2.65 Cr
EBITDA (computed) ₹17.9 Cr ₹15.03 Cr ₹13.52 Cr ₹10.77 Cr ₹4.97 Cr
Basic EPS ₹0.19 ₹0.24 ₹2.97 ₹6.42 ₹2.61
Diluted EPS ₹0.18 ₹0.24 ₹2.97 ₹6.42 ₹2.61
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Total Assets ₹253.27 Cr ₹149.55 Cr ₹86.21 Cr ₹53.14 Cr ₹28.18 Cr
Non-current Assets ₹162.91 Cr ₹75.94 Cr ₹19.36 Cr ₹9.14 Cr ₹7.41 Cr
Current Assets ₹90.36 Cr ₹73.61 Cr ₹66.85 Cr ₹44.01 Cr ₹20.77 Cr
Property, Plant & Equipment ₹61.21 Cr ₹32.54 Cr ₹13.91 Cr ₹6.55 Cr ₹7.19 Cr
Inventories ₹29.02 Cr ₹30.34 Cr ₹13.16 Cr ₹10.2 Cr ₹8.46 Cr
Trade Receivables ₹33.97 Cr ₹17.38 Cr ₹19.63 Cr ₹19.32 Cr ₹8.82 Cr
Cash & Equivalents ₹5.5 Cr ₹7.43 Lakh ₹11.94 Lakh ₹10.87 Cr ₹5.47 Lakh
Equity (Net Worth) ₹179.52 Cr ₹101.43 Cr ₹59.92 Cr ₹34.85 Cr ₹17.43 Cr
Equity Share Capital ₹42.2 Cr ₹37.95 Cr ₹35.01 Cr ₹11.06 Cr ₹10.54 Cr
Borrowings (Non-current) ₹27.59 Cr ₹12.76 Cr ₹1.08 Cr ₹1.48 Cr ₹98.77 Lakh
Borrowings (Current) ₹19.5 Cr ₹19.11 Cr ₹10.86 Cr ₹7.76 Cr ₹4.63 Cr
Total Debt (computed) ₹47.09 Cr ₹31.87 Cr ₹11.94 Cr ₹9.24 Cr ₹5.62 Cr
Current Liabilities ₹44.48 Cr ₹33.67 Cr ₹24.06 Cr ₹16.82 Cr ₹9.76 Cr
Total Liabilities ₹73.75 Cr ₹48.12 Cr ₹26.28 Cr ₹18.3 Cr ₹10.75 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹13.9 Cr -₹18.19 Cr -₹12.55 Cr -₹1.82 Lakh -₹5.14 Cr
Investing Cash Flow -₹63.43 Cr -₹29.04 Cr -₹18.13 Cr -₹2.94 Cr -₹2.33 Cr
Financing Cash Flow ₹82.76 Cr ₹47.2 Cr ₹19.93 Cr ₹13.77 Cr ₹7.46 Cr
Capital Expenditure ₹47.34 Cr ₹33.59 Cr ₹11.58 Cr ₹2.74 Cr ₹2.78 Cr
Free Cash Flow (computed) -₹61.24 Cr -₹51.79 Cr -₹24.13 Cr -₹2.76 Cr -₹7.92 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹5.42 Cr -₹3.55 Lakh -₹10.75 Cr ₹10.81 Cr -₹1.19 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹38.15 Cr ₹33.36 Cr ₹29.77 Cr ₹33.12 Cr ₹35.51 Cr ₹35.04 Cr ₹22.64 Cr ₹23.07 Cr
Other Income ₹2.39 Cr ₹44.54 Lakh ₹34.74 Lakh ₹2.36 Cr ₹66.32 Lakh -₹65.37 Lakh ₹2.88 Cr ₹71.4 Lakh
Total Income ₹40.54 Cr ₹33.8 Cr ₹30.12 Cr ₹35.48 Cr ₹36.17 Cr ₹34.38 Cr ₹25.52 Cr ₹23.78 Cr
Cost of Materials Consumed ₹28.9 Cr ₹24.5 Cr ₹12.55 Cr ₹20.05 Cr ₹23.62 Cr ₹25.77 Cr ₹9.33 Cr ₹10.96 Cr
Purchases of Stock-in-Trade ₹2.22 Cr ₹1.75 Lakh ₹15.88 Lakh ₹13.9 Lakh ₹95.67 Lakh ₹1.34 Cr ₹2.93 Cr ₹1.64 Cr
Changes in Inventories ₹1.12 Cr -₹4.21 Cr ₹4.71 Cr ₹31.98 Lakh ₹1.02 Cr -₹5.03 Cr -₹55.82 Lakh ₹68.19 Lakh
Employee Benefit Expense ₹2.14 Cr ₹2.43 Cr ₹2.55 Cr ₹2.63 Cr ₹2.72 Cr ₹3.45 Cr ₹3.37 Cr ₹2.14 Cr
Finance Costs ₹64.85 Lakh ₹22.44 Lakh ₹1.73 Cr ₹67.45 Lakh ₹84.25 Lakh ₹61.06 Lakh ₹64.28 Lakh ₹44.58 Lakh
Depreciation & Amortisation ₹1.61 Cr ₹1.48 Cr ₹1.34 Cr ₹1.24 Cr ₹1.45 Cr ₹1.22 Cr ₹1.17 Cr ₹73.1 Lakh
Other Expenses ₹3.87 Cr ₹6.38 Cr ₹4.46 Cr ₹7.1 Cr ₹6 Cr ₹4.53 Cr ₹6.2 Cr ₹3.75 Cr
Total Expenses ₹40.51 Cr ₹30.82 Cr ₹27.5 Cr ₹32.15 Cr ₹36.62 Cr ₹31.89 Cr ₹23.08 Cr ₹20.34 Cr
Profit Before Exceptional Items & Tax ₹3.31 Lakh ₹2.98 Cr ₹2.62 Cr ₹3.33 Cr -₹44.56 Lakh ₹2.49 Cr ₹2.43 Cr ₹3.44 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹3.31 Lakh ₹2.98 Cr ₹2.62 Cr ₹3.33 Cr -₹44.56 Lakh ₹2.49 Cr ₹2.43 Cr ₹3.44 Cr
Total Tax Expense -₹9.48 Lakh ₹1.93 Cr ₹46.57 Lakh ₹77.65 Lakh -₹5.36 Lakh ₹58.9 Lakh ₹59.01 Lakh ₹82.17 Lakh
Net Profit ₹1.76 Cr ₹1.05 Cr ₹2.15 Cr ₹2.55 Cr -₹39.2 Lakh ₹1.9 Cr ₹1.84 Cr ₹2.62 Cr
  attributable to Owners - ₹1.05 Cr ₹2.15 Cr ₹2.55 Cr ₹0 ₹0 ₹1.84 Cr ₹2.62 Cr
  attributable to NCI ₹0 ₹0 ₹0 ₹0 ₹2.77 Cr ₹0 - ₹0
Other Comprehensive Income -₹11.35 Lakh ₹9.23 Lakh -₹8.5 Lakh ₹0 -₹5.8 Lakh ₹4.69 Lakh ₹0 ₹0
Total Comprehensive Income ₹1.65 Cr ₹1.15 Cr ₹2.06 Cr ₹2.55 Cr -₹45 Lakh ₹1.95 Cr ₹1.84 Cr ₹2.62 Cr
EBITDA (computed) ₹2.29 Cr ₹4.69 Cr ₹5.68 Cr ₹5.25 Cr ₹1.85 Cr ₹4.32 Cr ₹4.24 Cr ₹4.62 Cr
Basic EPS ₹0.04 ₹0.03 ₹0.05 ₹0.07 ₹0.06 ₹0.05 ₹0.51 ₹0.74
Diluted EPS ₹0.04 ₹0.03 ₹0.05 ₹0.07 ₹0.06 ₹0.05 ₹0.51 ₹0.74
Latest 8 quarters shown.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹123.26 Cr ₹117.79 Cr ₹85.48 Cr ₹70.23 Cr ₹50.02 Cr ₹28.28 Cr ₹16 Cr ₹11.03 Cr
Other Income ₹6.91 Cr ₹10.2 Cr ₹2.65 Cr ₹1.75 Cr ₹99.91 Lakh ₹79.73 Lakh ₹36.6 Lakh ₹11.28 Lakh
Total Income ₹130.17 Cr ₹127.99 Cr ₹88.13 Cr ₹71.98 Cr ₹51.02 Cr ₹29.08 Cr ₹16.37 Cr ₹11.14 Cr
Cost of Materials Consumed ₹84.97 Cr ₹87.56 Cr ₹63.81 Cr ₹51.64 Cr ₹38.74 Cr ₹19.94 Cr ₹10.56 Cr ₹7.99 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹31.92 Lakh -₹2.7 Cr -₹3.91 Cr -₹1.12 Cr ₹61.47 Lakh ₹1.53 Cr -₹32.87 Lakh -₹2.43 Cr
Employee Benefit Expense ₹5.63 Cr ₹4.82 Cr ₹2.85 Cr ₹2.2 Cr ₹1.5 Cr ₹94.01 Lakh ₹1.22 Cr ₹1.08 Cr
Finance Costs ₹2.2 Cr ₹1.63 Cr ₹77.14 Lakh ₹33.73 Lakh ₹33.97 Lakh ₹29.92 Lakh ₹24.8 Lakh ₹27.62 Lakh
Depreciation & Amortisation ₹2.76 Cr ₹2.03 Cr ₹1.12 Cr ₹99.62 Lakh ₹1.01 Cr ₹83.16 Lakh ₹84.23 Lakh ₹79.44 Lakh
Other Expenses ₹22 Cr ₹19.98 Cr ₹12.18 Cr ₹10.24 Cr ₹5.57 Cr ₹3.64 Cr ₹2.5 Cr ₹2.17 Cr
Total Expenses ₹117.88 Cr ₹113.31 Cr ₹76.83 Cr ₹64.3 Cr ₹47.77 Cr ₹27.18 Cr ₹15.04 Cr ₹9.89 Cr
Profit Before Exceptional Items & Tax ₹12.29 Cr ₹14.68 Cr ₹11.31 Cr ₹7.69 Cr ₹3.25 Cr ₹1.9 Cr ₹1.32 Cr ₹1.25 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹12.29 Cr ₹14.68 Cr ₹11.31 Cr ₹7.69 Cr ₹3.25 Cr ₹1.9 Cr ₹1.32 Cr ₹1.25 Cr
Total Tax Expense ₹3.53 Cr ₹3.72 Cr ₹2.88 Cr ₹1.95 Cr ₹78.1 Lakh ₹55.49 Lakh ₹35.38 Lakh ₹36.33 Lakh
Net Profit ₹8.76 Cr ₹10.95 Cr ₹8.43 Cr ₹5.73 Cr ₹2.47 Cr ₹1.34 Cr ₹97.09 Lakh ₹88.74 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income ₹8.76 Cr ₹10.95 Cr ₹8.43 Cr ₹5.73 Cr ₹2.47 Cr ₹1.34 Cr ₹97.09 Lakh ₹88.74 Lakh
EBITDA (computed) ₹17.25 Cr ₹18.33 Cr ₹13.2 Cr ₹9.02 Cr ₹4.6 Cr ₹3.03 Cr ₹2.42 Cr ₹2.32 Cr
Basic EPS ₹0.23 ₹0.30 ₹3.12 ₹5.43 ₹2.44 ₹2.13 ₹2.19 ₹2.00
Diluted EPS ₹0.22 ₹0.30 ₹3.12 ₹5.43 ₹2.44 ₹2.13 ₹2.19 ₹2.00
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹234.15 Cr ₹152.26 Cr ₹84.12 Cr ₹50.58 Cr ₹27.22 Cr ₹17.13 Cr ₹12.47 Cr ₹12.35 Cr
Non-current Assets ₹153.76 Cr ₹78.49 Cr ₹16.8 Cr ₹6.64 Cr ₹6.18 Cr ₹5.72 Cr ₹4.76 Cr ₹5.31 Cr
Current Assets ₹80.39 Cr ₹73.77 Cr ₹67.32 Cr ₹43.94 Cr ₹21.04 Cr ₹11.41 Cr ₹7.7 Cr ₹7.03 Cr
Property, Plant & Equipment ₹45.22 Cr ₹19.25 Cr ₹11.29 Cr ₹5.16 Cr ₹5.73 Cr ₹5.66 Cr ₹4.68 Cr ₹5.27 Cr
Inventories ₹26.57 Cr ₹25.43 Cr ₹12.23 Cr ₹8.9 Cr ₹8.46 Cr ₹5.62 Cr ₹4.58 Cr ₹3.78 Cr
Trade Receivables ₹33.83 Cr ₹23.08 Cr ₹18.83 Cr ₹21.19 Cr ₹8.84 Cr ₹2.01 Cr ₹1.01 Cr ₹1.72 Cr
Cash & Equivalents ₹5.14 Cr ₹19,000 ₹52,200 ₹10.65 Cr ₹5.47 Lakh ₹6.66 Lakh ₹5.01 Lakh ₹8.97 Lakh
Equity (Net Worth) ₹191.44 Cr ₹108.15 Cr ₹59.1 Cr ₹33.63 Cr ₹17.26 Cr ₹11.72 Cr ₹9.61 Cr ₹8.64 Cr
Equity Share Capital ₹42.2 Cr ₹37.95 Cr ₹35.01 Cr ₹11.06 Cr ₹10.54 Cr ₹10.11 Cr ₹4.44 Cr ₹4.44 Cr
Borrowings (Non-current) ₹6.99 Cr ₹5.58 Cr ₹0 ₹0 ₹0 ₹36.83 Lakh ₹46.96 Lakh ₹74.04 Lakh
Borrowings (Current) ₹15.58 Cr ₹18.67 Cr ₹12.08 Cr ₹7.24 Cr ₹4.63 Cr ₹45.34 Lakh ₹1.24 Cr ₹1.29 Cr
Total Debt (computed) ₹22.57 Cr ₹24.25 Cr ₹12.08 Cr ₹7.24 Cr ₹4.63 Cr ₹82.17 Lakh ₹1.71 Cr ₹2.03 Cr
Current Liabilities ₹34.05 Cr ₹36.84 Cr ₹23.89 Cr ₹16.96 Cr ₹9.97 Cr ₹5.05 Cr ₹2.38 Cr ₹2.97 Cr
Total Liabilities ₹42.71 Cr ₹44.11 Cr ₹25.03 Cr ₹16.96 Cr ₹9.97 Cr ₹5.42 Cr ₹2.85 Cr ₹3.71 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹10.09 Cr -₹28.4 Cr -₹16.12 Cr -₹1.67 Cr -₹5.54 Cr
Investing Cash Flow -₹75.59 Cr -₹20.79 Cr -₹16.77 Cr -₹64.17 Lakh -₹1 Cr
Financing Cash Flow ₹70.64 Cr ₹49.19 Cr ₹22.25 Cr ₹12.91 Cr ₹6.53 Cr
Capital Expenditure ₹21.65 Cr ₹12.66 Cr ₹10.93 Cr ₹1.04 Cr ₹1.21 Cr
Free Cash Flow (computed) -₹11.56 Cr -₹41.06 Cr -₹27.06 Cr -₹2.72 Cr -₹6.75 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹5.13 Cr -₹33,000 -₹10.64 Cr ₹10.59 Cr -₹1.19 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
Revenue from Operations ₹34.12 Cr ₹31.24 Cr ₹25.56 Cr ₹32.34 Cr ₹33.47 Cr ₹27.96 Cr ₹31.14 Cr ₹25.21 Cr
Other Income ₹2.16 Cr ₹1.48 Cr ₹58.62 Lakh ₹2.68 Cr ₹5.9 Cr ₹94.21 Lakh ₹2.12 Cr ₹1.24 Cr
Total Income ₹36.28 Cr ₹32.72 Cr ₹26.15 Cr ₹35.02 Cr ₹39.38 Cr ₹28.91 Cr ₹33.26 Cr ₹26.45 Cr
Cost of Materials Consumed ₹28.76 Cr ₹22.85 Cr ₹13.62 Cr ₹19.74 Cr ₹23.23 Cr ₹23.77 Cr ₹24.48 Cr ₹16.08 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹90.85 Lakh -₹4.01 Cr ₹1.68 Cr ₹1.74 Cr ₹19.65 Lakh -₹4.63 Cr ₹25.59 Lakh ₹1.48 Cr
Employee Benefit Expense ₹1.26 Cr ₹1.42 Cr ₹1.47 Cr ₹1.48 Cr ₹1.62 Cr ₹1.41 Cr ₹95.67 Lakh ₹83.68 Lakh
Finance Costs ₹76.36 Lakh ₹52.26 Lakh ₹52.07 Lakh ₹39.61 Lakh ₹64.17 Lakh ₹35.28 Lakh ₹35.48 Lakh ₹27.91 Lakh
Depreciation & Amortisation ₹75.9 Lakh ₹69.99 Lakh ₹66.15 Lakh ₹63.8 Lakh ₹71.92 Lakh ₹57.52 Lakh ₹41.83 Lakh ₹31.43 Lakh
Other Expenses ₹2.85 Cr ₹6.48 Cr ₹5.5 Cr ₹7.16 Cr ₹7.33 Cr ₹5.14 Cr ₹3.98 Cr ₹3.54 Cr
Total Expenses ₹35.3 Cr ₹27.97 Cr ₹23.45 Cr ₹31.16 Cr ₹33.73 Cr ₹26.61 Cr ₹30.45 Cr ₹22.52 Cr
Profit Before Exceptional Items & Tax ₹97.54 Lakh ₹4.75 Cr ₹2.7 Cr ₹3.86 Cr ₹5.65 Cr ₹2.29 Cr ₹2.81 Cr ₹3.93 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹97.54 Lakh ₹4.75 Cr ₹2.7 Cr ₹3.86 Cr ₹5.65 Cr ₹2.29 Cr ₹2.81 Cr ₹3.93 Cr
Total Tax Expense ₹56.39 Lakh ₹1.47 Cr ₹57.37 Lakh ₹92.44 Lakh ₹1.52 Cr ₹56.12 Lakh ₹69.04 Lakh ₹95.55 Lakh
Net Profit ₹41.15 Lakh ₹3.28 Cr ₹2.13 Cr ₹2.93 Cr ₹4.13 Cr ₹1.73 Cr ₹2.12 Cr ₹2.97 Cr
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income ₹41.15 Lakh ₹3.28 Cr ₹2.13 Cr ₹2.93 Cr ₹4.13 Cr ₹1.73 Cr ₹2.12 Cr ₹2.97 Cr
EBITDA (computed) ₹2.5 Cr ₹5.97 Cr ₹3.89 Cr ₹4.89 Cr ₹7.01 Cr ₹3.22 Cr ₹3.58 Cr ₹4.52 Cr
Basic EPS ₹0.01 ₹0.09 ₹0.06 ₹0.08 ₹0.11 ₹0.05 ₹0.58 ₹0.84
Diluted EPS ₹0.01 ₹0.09 ₹0.06 ₹0.08 ₹0.11 ₹0.05 ₹0.58 ₹0.84
Latest 8 quarters shown.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Shish Industries 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 Shish Industries Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 54.81%, domestic institutional investors hold 0.06%, retail and other public shareholders hold 45.13% of Shish Industries Limited. The company had 29,961 shareholders on record.

Promoters: 54.81%DII (Domestic Institutional): 0.06%Retail & Others: 45.13%
Mar 2026
QUARTER
54.81% Promoters
0.06% DII (Domestic Institutional)
45.13% Retail & Others
Promoter holding - history
Now 54.81% · Mar 2026High 66.82% · Dec 2023Low 54.81% · Mar 2026
53%56.8%60.5%64.3%68%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 66.48%Sep 2023: 66.48%Dec 2023: 66.82%Mar 2024: 66.82%Jun 2024: 65.71%Sep 2024: 64.47%Dec 2024: 66.03%Mar 2025: 66.03%Jun 2025: 66.03%Sep 2025: 66.03%Dec 2025: 60.55%Mar 2026: 54.81%66.82%54.81%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters54.81%60.55%66.03%66.03%66.03%66.03%
Public45.19%39.45%33.97%33.97%33.97%33.97%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters54.81%66.03%66.82%
Public45.19%33.97%33.18%
Promoter change (YoY, %pts)-11.22-0.79-

Group Structure of Shish Industries Limited

Shish Industries Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Shish Industries Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Shish Polylam Private Limited U25209GJ2021PTC122016 -
Shish Global Solutions Private Limited U62099GJ2022PTC134564 -

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Shish Industries Limited

Open charges
₹41.66 Cr
Satisfied charges
₹8.13 Cr
Breakdown by lending institutions
Standard Chartered Bank₹37.00 Cr
Sidbi₹4.66 Cr
Latest charge details
DateLenderAmountStatus
22 Mar 2025 Standard Chartered Bank ₹13.1 Cr Open
26 Jul 2024 Standard Chartered Bank ₹90 Lakh Open
29 Apr 2024 Sidbi ₹4.66 Cr Open
23 Jul 2022 Standard Chartered Bank ₹23 Cr Open
10 Aug 2021 Axis Bank Limited ₹4.95 Cr Satisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Shish Industries Limited

Shish Industries Limited has a workforce of 36 employees as of Mar 29, 2024.

Employee count
36
Active EPFO establishments
1
Employee growth
38.46%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Shish Industries Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Shish Industries Limited

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

GSTIN & GST Filing Data of Shish Industries 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 Shish Industries 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 Shish Industries 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 Shish Industries Limited

MSME Payment Delays by Shish Industries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

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 Shish Industries Limited

Subsidiaries & Group Companies of Shish Industries Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Shish Industries 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 Shish Industries Limited

MCA Filings & Documents of Shish Industries Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

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 Shish Industries Limited

Activity
30 Sep 2025
Shish Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Shish Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
22 Mar 2025
A charge with Standard Chartered Bank amounted to Rs. 13.10 Cr with Charge ID 101071391 was registered on 22 Mar 2025.
Directors
21 Mar 2025
Shital Tamakuwala was appointed as a Director on 21 Mar 2025 & has been associated with this company since 1 year 3 months.
Charges
27 Nov 2024
A charge with Standard Chartered Bank of Rs. 23.00 Cr registered on 23 Jul 2022 with Charge ID 100603841 was modified on 27 Nov 2024.
Charges
26 Jul 2024
A charge with Standard Chartered Bank amounted to Rs. 0.90 Cr with Charge ID 100959301 was registered on 26 Jul 2024.

Frequently Asked Questions about Shish Industries Limited

Shish Industries Limited is an active public limited company in the packaging sector based in Surat City, Gujarat, India. It was incorporated on 11 May 2017 (9+ years old) and is registered under CIN L25209GJ2017PLC097273. Listed on BSE: 540693. The company has 36 employees.

Shish Industries Limited reported revenue of ₹119.85 Cr for FY 2025 (up 36.00% YoY).

The current directors of Shish Industries Limited are:

The primary industry of Shish Industries Limited is packaging. The company specifically operates in laminated and corrugated packaging. The company is currently active in this sector.

Yes. Shish Industries Limited is listed on BSE with code 540693.

Shish Industries Limited can be reached at the registered office: 1502 15Th Floor Junomoneta Tower Pal Rto Brts Road, Near Rajhans Cinema Adajan Gam Adajan, Surat City, Gujarat, India – 395009, or through the website shishindustries.com.

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