Market cap
₹1,136 Cr
Revenue (TTM)
₹702 Cr
P/E Ratio
29.7
P/B Ratio
8.6
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | 8.13 | 21.98 | 4.66 | 24.41 |
| EBIT | -- | 1.13 | 20.69 | 11.32 | 38.09 |
| Net Profit | -- | 4.23 | 20.31 | 8.71 | 52.28 |
| EPS | -- | 4.23 | 20.31 | 8.71 | 43.13 |
| Book Value | -- | -- | 24.04 | 27.74 | 43.17 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| 4.70 | 4.21 | 4.89 | 4.94 | 4.26 |
| Net Margin
| 2.49 | 2.16 | 2.57 | 2.61 | 2.28 |
| Return on equity
| 27.02 | 32.86 | 24.45 | 25.36 | 31.24 |
| Return on Capital
| 18.64 | 20.06 | 15.42 | 18.04 | 22.45 |
| Return on Assets
| 7.67 | 7.88 | 6.33 | 7.42 | 9.27 |
| Debt to Equity (x)
| -- | -- | 2.23 | 1.88 | 1.47 |
Profitability
ROCE
15.42
Higher than Peers by 1.76
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
15.42
|
18.04
|
22.45
|
27.56
|
16.85
|
|
Peer Median
|
13.66
|
--
|
17.67
|
17.13
|
--
|
ROE
24.45
Higher than Peers by 9.73
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
24.45
|
25.36
|
31.24
|
53.34
|
29.89
|
|
Peer Median
|
14.72
|
--
|
19.14
|
16.02
|
--
|
ROA
6.33
Higher than Peers by 1.35
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
6.33
|
7.42
|
9.27
|
12.00
|
4.37
|
|
Peer Median
|
4.99
|
--
|
7.87
|
6.82
|
--
|
EBIT Margin
4.89
Lower than Peers by 0.24
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
4.89
|
4.94
|
4.26
|
4.06
|
2.90
|
|
Peer Median
|
5.13
|
--
|
2.48
|
3.86
|
--
|
Net Margin
2.57
Higher than Peers by 0.96
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
2.57
|
2.61
|
2.28
|
2.30
|
1.04
|
|
Peer Median
|
1.61
|
--
|
2.12
|
2.17
|
--
|
Cash Profit Margin
2.76
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
2.76
|
2.79
|
2.44
|
2.43
|
1.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
21.98
Lower than Peers by 31.52
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
21.98
|
-8.57
|
2.81
|
81.61
|
43.13
|
|
Peer Median
|
53.50
|
--
|
22.74
|
46.07
|
--
|
EBIT Growth
20.69
Lower than Peers by 432.44
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
20.69
|
6.15
|
7.68
|
154.22
|
43.16
|
|
Peer Median
|
453.13
|
--
|
48.50
|
61.93
|
--
|
Net Profit Growth
20.31
Lower than Peers by 679.10
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
20.31
|
4.82
|
1.87
|
301.15
|
58.91
|
|
Peer Median
|
699.41
|
--
|
45.95
|
8.10
|
--
|
EPS Growth
20.31
Lower than Peers by 347.89
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
20.31
|
4.82
|
1.87
|
194.95
|
58.52
|
|
Peer Median
|
368.20
|
--
|
100.00
|
44.00
|
--
|
Book Value Growth
24.04
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
24.04
|
25.70
|
33.68
|
191.14
|
35.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.23
Higher than Peers by 1.33
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
2.23
|
1.88
|
1.47
|
1.87
|
4.27
|
|
Peer Median
|
0.90
|
--
|
0.79
|
0.53
|
--
|
Short term debt to equity ratio
1.04
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
1.04
|
1.07
|
0.48
|
0.64
|
1.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.61
Lower than Peers by 0.16
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
1.61
|
1.72
|
2.40
|
2.35
|
1.60
|
|
Peer Median
|
1.76
|
--
|
1.58
|
1.67
|
--
|
Quick Ratio
0.17
Lower than Peers by 0.86
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
0.17
|
0.22
|
0.22
|
0.19
|
0.18
|
|
Peer Median
|
1.04
|
--
|
1.18
|
0.97
|
--
|
Interest Coverage
3.31
Higher than Peers by 0.56
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
3.31
|
3.42
|
3.46
|
4.19
|
1.91
|
|
Peer Median
|
2.75
|
--
|
4.09
|
2.34
|
--
|
Operating Efficiency
Debtors to sales
2.28
Lower than Peers by 3.72
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
2.28
|
2.05
|
0.48
|
0.29
|
0.08
|
|
Peer Median
|
6.00
|
--
|
6.95
|
3.92
|
--
|
Asset Turnover
2.46
Lower than Peers by 2.19
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
2.46
|
2.84
|
4.07
|
5.22
|
4.19
|
|
Peer Median
|
4.65
|
--
|
5.13
|
3.73
|
--
|
Receivable days
7.23
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
7.23
|
4.71
|
1.41
|
0.62
|
6.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
107.31
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
107.31
|
98.63
|
69.22
|
51.16
|
49.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
20.22
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
20.22
|
13.77
|
7.06
|
4.56
|
7.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
94.32
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
94.32
|
89.57
|
63.57
|
47.22
|
49.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
24.80
Higher than Peers by 2.08
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
24.80
|
10.60
|
6.22
|
9.69
|
--
|
|
Peer Median
|
22.72
|
--
|
25.17
|
22.15
|
--
|
Price / Book Value
5.48
Higher than Peers by 2.22
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
5.48
|
2.41
|
3.40
|
3.47
|
--
|
|
Peer Median
|
3.25
|
--
|
3.66
|
3.47
|
--
|
Dividend Yield
0.49
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
0.49
|
1.39
|
0.62
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
17.21
Lower than Peers by 14.86
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
17.21
|
9.34
|
9.03
|
8.00
|
6.19
|
|
Peer Median
|
32.07
|
--
|
15.13
|
14.64
|
--
|
Market Cap
448
Lower than Peers by 30
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Shri Refine
|
448
|
159
|
178
|
136
|
--
|
|
Peer Median
|
478
|
--
|
302
|
309
|
--
|