Shera Energy Ltd. – Company Report
1. Company Overview
Shera Energy Ltd., incorporated in 2003 and headquartered in Jaipur, Rajasthan, is a leading manufacturer and exporter of non-ferrous metal products. The company specializes in winding wires, strips, rods, busbars, tubes, and conductors made from copper, aluminum, and brass alloys. These products cater to industries such as power, electrical equipment, renewables, and engineering across both domestic and international markets. Shera operates modern manufacturing facilities and has been publicly listed since 2023.
Key Highlights
- Incorporated: 2003
- Headquarters: Jaipur, Rajasthan, India
- Employees: 101–500 (200+ including contract workforce)
- Manufacturing: Non-ferrous winding wires, strips (copper, aluminum, brass), rods, tubes, busbars
- Certifications: ISO 9001; advanced in-house quality and R&D
- Capacity: Over 9,000 MT/annum (plans to cross 10,000 MT ongoing)
- Market Cap (Aug 2025): ~₹342 crore
- Executives: Sheikh Naseem (CEO/MD), Shivani Sheikh (Director)
- Export Presence: Key supplier to transformer and electrical OEMs in India and abroad
- Strengths: Vertically integrated non-ferrous capability, strong quality control, multi-sector presence
2. Products and Services
- Copper and Aluminium Winding Wires: Paper-covered, enamelled, bare, and fiberglass-covered wires for transformers, motors, and alternators
- Strips, Rods, and Busbars: Flat and shaped conductors for heavy electricals, switchgear, and renewables
- Tubes and Pipes: Custom copper and alloy tubes for heat exchangers, refrigeration, and electricals
- Brass, Copper, and Aluminium Alloys: Bulk/custom supply for high-performance components
- Specialty Conductors: Used in power transmission, renewables, and railway sectors
- Custom & Export Orders: Non-ferrous parts for B2B and OEM clients globally
Shera’s wide material range, deep OEM linkages, and export-compliant standards make it a strong player in the non-ferrous electrical segment.
3. Recent News and Business Developments (2024–2025)
- Capacity Expansion: Plans to scale up copper cathode and winding wire capacity to 5,000 MTPA (copper) and 10,000+ MTPA overall by FY2026.
- Zambia Export Order:
- July 2025: Secured first African export order from Zambia, worth USD 87,000, for conductor supply
- Expected to contribute ~₹60 crore in export revenue for FY2025
- Backward Integration – Zambia Plant Acquisition:
- June 2025: Acquired copper cathode manufacturing plant in Zambia’s Copperbelt region
- Managed via Shera Zambia Ltd., the facility will produce 99.99% pure copper cathodes
- Initial target: 1,200 MT in FY2025-26, expandable to 5,000 MT annually
- Increased Stake in Subsidiary (March 2025):
- Increased holding in Shera Metal Pvt. Ltd. from 82.13% to 85.56%, total investment for this acquisition is valued at ₹10.15 Crore.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹1,278 crore |
| Net Profit | ₹22 crore |
| Operating Profit | ₹58.7 crore |
| Operating Profit Margin | ~5% |
| Return on Equity (ROE) | 13.7% |
| EPS | ₹7.28 |
| Dividend | 0% (No dividend declared) |
| Debt Profile | Working capital debt present; interest covered; leverage reduced via capital infusion and profit growth |