Synopsis: Shera Energy jumped sharply after it announced its strong Q2 results. The company’s revenue increased 30% YoY to Rs 781 crore and 15% QoQ, while net profit went up 57% YoY to Rs 15 crore and grew 19% QoQ.
The shares of this leading microcap player engaged in the manufacturing of non-ferrous metal products, its alloy products, and winding wires are in focus after reporting a robust financial performance in this quarter. In this article, we will dive more into the details of it.
With a market capitalization of Rs 325 crore, the shares of Shera Energy Ltd made a day high of Rs 141 per share, up by 10 percent from its day’s low price of Rs 128 per share. In the last one year, the stock has corrected by over 41 percent, as compared to NIFTY 50’s positive return of 5 percent.
Q2 Highlights
Shera Energy has reported an operating revenue of Rs 781 crore in H1 FY26, representing a 30 percent growth compared to Rs 601 crore in H1 FY25. Additionally, on a quarter-on-quarter basis, it surged by 15 percent from Rs 676 crore.
Regarding its profitability, it reported a net profit of Rs 15 crore in H1 FY26, a growth of 57 percent as compared to Rs 9.7 crore in H1 FY25. Additionally, on a quarter-on-quarter basis, it grew by 19 percent from Rs 13 crore.
On the expenses front, it reported total expenses of Rs 761 crore in H1 FY26, representing a 29 percent growth compared to Rs 588 crore in H1 FY25. Additionally, on a quarter-on-quarter basis, it grew by 15 percent from Rs 660 crore.
For more than 20 years, Shera Group, a company that was built in 2003, has been a reliable source of electrical equipment in the market. The company focuses on technologies related to the metal fabrication industry. Their main products involve a range of copper and aluminum wires for coils made out of metal and strips that fulfill various needs of the industry. The company has 4 manufacturing plants in total with a combined installed capacity of 46,750 MT and exports its products to over 15 countries.
Shera Group, through its progression, has also diversified its products to include copper and brass wire rods, wires, and tubes, which can be customized in different ways, such as naked, paper-covered, or enameled wires. In addition to that, the organization has recently decided to initiate the production of special-grade brass rods that are used in the manufacturing of bullet shells, firstly to meet India’s ammunition market demand and subsequently to utilize the Indian ammunition industry’s potential.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
