Sharda Ispat Ltd. – Company Report
1. Company Overview
Sharda Ispat Ltd. (SIL), incorporated in 1960 and headquartered in Nagpur, Maharashtra, is a public-listed microcap company engaged in the manufacturing and job work of alloy, carbon, and spring steel products. With over six decades of legacy, SIL serves critical sectors including automotive, forging, and engineering across India, and is recognized for its product reliability and regional market strength.
The company operates from its facility on Kamptee Road in Nagpur and maintains a lean capital structure with minimal debt. Despite current market headwinds, its conservative financial management provides a degree of operational resilience.
Key Highlights
Incorporated: 1960
Headquarters: Nagpur, Maharashtra, India
Employees: 51–200 (est.)
Manufacturing Focus: Alloy, carbon, spring steel flats and rounds
Certifications: Sector-compliant
Market Cap (Aug 2025): ₹271–286 crore
Share Price (Aug 2025): ₹271 (down >50% YoY)
Promoter & Board:
- Chairman & MD: Nandkishore Ramniwas Sarda
- CFO: Poonam Sarda
- Independent Directors: Mukund Mohta, Prakash Soni, Govind Mantri
Strengths: Low debt, long-standing manufacturing history, trusted regional supplier
2. Products and Services
Rolled Steel Products
- Alloy Steel, Carbon Steel, and Spring Steel flats
- Round bars and RCS (Rolled/Cut Steel)
- Custom sizes for OEMs and forging units
Job Work & Steel Processing
- Cutting, finishing, heat treatment, and contract manufacturing
- Grade-specific and customer-specific preparation
B2B Industrial Supply
- Customers include auto-component makers, forging shops, engineering firms, and bright bar units
Legacy Value
- Over 60 years of supply to long-standing regional clients
- Trusted partner in steel sourcing for micro and mid-size industries
3. Recent News and Developments
- Governance Update: Appointed multiple new independent directors in August 2024
- Financial Challenges:
- FY2025 and recent quarters reported declining revenue and profitability
- Muted demand in core segments like forging and steel impacted operating performance
- Stability Factors:
- Low leverage, conservative capital management, legacy client base
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹178 crore |
| Net Profit | ₹7.6 crore |
| EPS | ₹14.95 |
| Net Profit Margin | ~4.6% |
| Dividend | Not declared |
| Debt | Low |