Shrenik Limited Share Price and Company Fundamentals
Last traded: Today at 9:59 AM
Shrenik Limited engages in the trading and processing of paper, pulp, paperboards, etc. in Gujarat, Rajasthan, and Maharashtra. It offers printing and writing papers, and other specialty papers; and coated paper, uncoated maplitho paper, copier paper, duplex board, and folding box boards under the Shrenik Premium Copier Paper and Shrenik Premium Digital Paper brand names. The company was incorporated in 2012 and is based in Ahmedabad, India.
Key Metrics
PE ratio
190.00
PB ratio
1.58
Dividend yield
0.00%
Beta
2.89
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Paper & Paper Products / Basic Materials |
|---|---|
| Website | https://www.shrenik.co.in |
| Mailing address | 505-508, TEN/11, Beside Mardia Plaza C.G.Road Ahmedabad 380009 India |
| Phone / Fax | 91 79 2644 0303 / 91 79 2640 6810 |
Dividends
Dividend yield
0.00%
Dividend amount
₹0.00
Payout ratio
333.33%
Shrenik Limited paid ₹0.00 dividend and the ex-dividend date was 08 Sept 2020.The dividend payout ratio is 333.33%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SHRENIK dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
SHRENIK's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Shrenik Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Shrenikbhai Sudhirbhai Vimawala | Chairman & MD | 56 | |
| Mr. Kaivan Shrenik Vimawala | Whole Time Director | 27 | |
| Mr. Rishit Shrenik Vimawala | Whole Time Director | 31 | |
| Mr. Virendra Vasantlal Surti | Chief Financial Officer | 46 | |
| Ms. Pooja Dhruve | Company Sec. & Compliance Officer |
Profitability and management effectiveness
Profit margin
-22.55%
Operating margin
4.37%
Return on assets
0.49%
Return on equity
-21.67%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Shrenik Limited is and its enterprise value is .
The SHRENIK's stocks Beta value is 2.89 making it 189% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Shrenik Limited (NSE:SHRENIK) Frequently Asked Questions
1. What is Shrenik Limited's Stock Symbol?
Shrenik Limited trades on NSE under the ticker symbol "SHRENIK".
2. What is Shrenik Limited's stock price today?
One share of SHRENIK stock can currently be purchased for approximately ₹1.95.
3. How can I contact Shrenik Limited?
Shrenik Limited's mailing address is 505-508, TEN/11, Beside Mardia Plaza C.G.Road Ahmedabad 380009 India. The company can be reached via phone at 91 79 2644 0303.
4. What is Shrenik Limited's official website?
The official website of Shrenik Limited is https://www.shrenik.co.in.