SHAH METACORP LIMITED

BSE: SHAH533275ISIN INE482J01021

Industrials
Iron & Steel Products

BSE listing

Share price

₹3.29-0.01 (-0.30%)

as of 18 Sep 2026

52W high: ₹5.85
52W low: ₹2.63
Off 52W high: -43.76%
1M return: -16.28%
3M return: -29.85%
6M return: -29.40%
1Y return: -11.32%
20D avg volume: 10,26,702
50 DMA: ₹3.93
200 DMA: ₹4.66

Key ratios Consolidated

Market cap: ₹323.20 Cr
Current price: ₹3.29
52W high / low: ₹5.85 / ₹2.63
Face value: ₹1.00
P/E: 24.79
P/B: —
EPS (TTM): ₹0.13
Book value / share: —
ROE: —
ROCE: 3.20%
Operating margin: —
Net margin: —
Debt / equity: 0.78
Net debt: ₹236.81 Cr
Interest cover: 7.15
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 228.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	57.20	62.28	50.04	66.77	28.90	41.46	—
	1.19	16.80	1.88	0.63	0.71	0.69	—
	53.71	68.58	50.99	66.50	26.80	39.86	—
	42.51	28.16	42.60	51.26	23.98	35.62	—
	2.04	17.66	2.31	12.86	0.00	0.00	—
	1.27	0.53	0.46	0.44	0.39	0.44	—
	0.27	1.14	1.01	0.32	0.00	0.01	—
	0.97	1.02	1.03	1.06	1.07	1.02	—
	2.53	18.80	5.33	5.95	1.73	1.84	—
	4.69	10.50	0.93	0.91	2.81	2.29	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	4.69	10.50	0.93	0.91	2.81	2.29	—
	1.18	2.47	0.21	0.11	0.31	-1.52	—
	3.52	8.14	0.72	0.79	2.49	3.81	—
	0.04	0.09	0.01	0.01	0.04	0.07	—
Key metrics
	5.93	12.66	2.97	2.29	3.88	3.32	—
	10.40%	20.30%	5.90%	3.40%	13.40%	8.00%	—
	6.20%	13.10%	1.40%	1.20%	8.60%	9.20%	—
	—	2.10%	—	0.30%	—	1.30%	—
	97.90%	50.20%	—	—	—	—	—
	41.40%	113.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	236.29	207.99	176.16	—
	20.50	20.02	3.02	—
	239.78	212.87	168.65	—
	164.53	146.01	157.95	—
	34.87	32.84	0.00	—
	2.70	1.82	1.49	—
	2.74	2.46	0.04	—
	4.08	4.17	3.63	—
	32.61	31.82	7.44	—
	17.03	15.14	10.53	—
	0.00	0.00	24.82	—
	17.03	15.14	35.35	—
	3.97	3.12	2.75	—
	13.17	12.14	32.60	—
	0.15	0.15	0.61	—
Key metrics
	23.85	21.77	39.02	—
	10.09%	10.50%	22.20%	—
	5.57%	5.80%	18.50%	—
	—	3.20%	19.30%	—
	—	18.10%	—	—
	—	-62.80%	—	—
	—	-59.94	-56.76	—
	—	-4.76	-1.44	—
	—	0.78	0.11	—
	—	236.81	17.53	—
	—	228.1	261.7	—
Balance sheet
	—	565.66	198.11	—
	—	370.40	148.89	—
	—	2.27	0.22	—
	—	118.42	131.33	—
	—	27.67	8.31	—
	—	30.25	8.61	—
	—	25.83	27.76	—
	—	16.15	13.34	—
	—	17.99	14.84	—
	—	239.08	17.75	—
	—	0.00	0.00	—
	—	239.08	17.75	—
	—	308.38	165.37	—
Cash flow
	—	-57.74	-46.81	—
	—	-219.50	-9.89	—
	—	279.29	56.59	—
	—	2.20	9.95	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	54.13	53.62	45.81	39.81	28.90	41.46	—
	0.46	14.04	0.40	0.19	0.71	0.69	—
	49.90	58.18	45.41	39.57	26.77	39.79	—
	42.51	39.62	41.53	39.52	23.98	35.62	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.48	0.47	0.42	0.38	0.35	0.42	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.97	1.01	1.03	1.05	1.07	1.02	—
	1.82	15.79	4.19	3.99	1.73	1.79	—
	4.69	9.49	0.79	0.43	2.84	2.36	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	4.69	9.49	0.79	0.43	2.84	2.36	—
	1.18	2.47	0.21	0.11	0.31	-1.50	—
	3.51	7.02	0.57	0.32	2.53	3.86	—
	0.04	0.08	0.01	0.00	0.04	0.07	—
Key metrics
	5.66	10.50	1.82	1.48	3.91	3.38	—
	10.50%	19.60%	4.00%	3.70%	13.50%	8.20%	—
	6.50%	13.10%	1.20%	0.80%	8.80%	9.30%	—
	—	3.00%	—	0.10%	—	1.30%	—
	87.30%	29.30%	—	—	—	—	—
	38.70%	81.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	193.37	168.14	170.78	—
	15.09	15.36	3.02	—
	193.06	169.95	163.59	—
	163.18	144.65	153.03	—
	0.00	0.00	0.00	—
	1.75	1.63	1.43	—
	0.00	0.02	0.04	—
	4.06	4.16	3.63	—
	25.79	25.73	7.38	—
	15.40	13.55	10.22	—
	0.00	0.00	24.82	—
	15.40	13.55	35.04	—
	3.97	3.11	2.68	—
	11.42	10.44	32.36	—
	0.13	0.13	0.61	—
Key metrics
	19.46	17.73	38.71	—
	10.06%	10.50%	22.70%	—
	5.91%	6.20%	18.90%	—
	—	4.30%	19.20%	—
	—	-1.50%	—	—
	—	-67.70%	—	—
	—	-33.08	-56.29	—
	—	-2.96	-1.43	—
	—	0.05	0.10	—
	—	13.50	17.05	—
	—	256.9	268.2	—
Balance sheet
	—	330.69	192.88	—
	—	174.66	143.63	—
	—	1.87	0.15	—
	—	103.65	126.16	—
	—	27.67	8.31	—
	—	12.49	8.60	—
	—	25.77	27.76	—
	—	12.97	9.00	—
	—	13.99	10.42	—
	—	15.37	17.20	—
	—	0.00	0.00	—
	—	15.37	17.20	—
	—	301.13	165.10	—
Cash flow
	—	-30.91	-46.34	—
	—	-91.18	-9.87	—
	—	123.80	56.05	—
	—	2.17	9.95	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 32.51%

Holder	Type	Holding	Previous	Change
MONA VIRAL SHAH	Promoter	17.76%	—	—
Shah Malavkumar Kalpesh	Public	14.63%	—	—
Sampati Securities Limited	Promoter Group	8.04%	—	—
VIRAL MUKUNDBHAI SHAH	Promoter	6.66%	—	—
Raba Vismay Amarsinhbhai	Public	2.92%	—	—
Dhanjit Real Trade Llp	Public	2.45%	—	—
DIPALI MANISH SHAH	Promoter	0.03%	—	—
VIRAL M SHAH HUF	Promoter Group	0.02%	—	—
unknown category as per RTA data	Public	0.00%	—	—
General Capital Holding Company Private Limited	Promoter	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mona Viral Shah & PACs19 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
This is to inform you that as per the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, and Company''s Code of Conduct ....17 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
With reference to the above-mentioned subject, we wish to inform that, a meeting of the Board of Directors of the company at their today's Meeting i.e. Wednesday, September 16, 2026 has ....16 Sep 2026 · Company Update / Allotment of Equity Shares
With reference to the above-mentioned subject, we wish to inform that, a meeting of the Board of Directors of the company at their today's Meeting i.e. Wednesday, September 16, 2026 has ....16 Sep 2026 · Others / Outcome without intimation
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mona Viral Shah & PACs15 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Allotment of 2,75,00,000 (Two Crore Seventy-Five Lakhs) fully paid-up Equity Shares of face value of Re. 1/- each at an issue price of Rs. 4.71/- per share (including a premium of Rs. 3.71/- ....10 Sep 2026 · Corp Action / Conversion of Securities
Allotment of 2,75,00,000 (Two Crore Seventy-Five Lakhs) fully paid-up Equity Shares of face value of Re. 1/- each at an issue price of Rs. 4.71/- per share (including a premium of Rs. 3.71/- ....10 Sep 2026 · Company Update / Allotment of Equity Shares
allotment of 2,75,00,000 (Two Crore Seventy-Five Lakhs) fully paid-up Equity Shares of face value of Re. 1/- each at an issue price of Rs. 4.71/- per share (including a premium of Rs. 3.71/- ....10 Sep 2026 · Others / Outcome without intimation
Pursuant to the aforesaid Regulations, the company is sending physical letter providing the web-link and exact pathway where complete details of the Notice and Integrated Annual report ....10 Sep 2026 · AGM/EGM / AGM
Newspaper Advertisement - Notice of 27th Annual General Meeting, Book Closure and E-Voting published in newspapers10 Sep 2026 · Company Update / Newspaper Publication
as per the attachment8 Sep 2026 · Corp. Action / Record Date
Notice of 27th Annual General Meeting and Integrated Annual Report for FY 2025- 2026, Record date and E-voting Cut-off date.8 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice of 27th Annual General Meeting and Integrated Annual Report for FY 2025- 2026, Record date and E-voting Cut-off date.8 Sep 2026 · AGM/EGM / AGM
Newspaper Advertisement - Advance Notice of 27th Annual General Meeting8 Sep 2026 · Company Update / Newspaper Publication
3. Fixed the date of 27th Annual General Meeting (AGM) of the Company Scheduled to be held on Wednesday, 30th September, 2026 through video conferencing mode /Other Audio Visual Means ('VC/OAVM') ....31 Aug 2026 · Corp. Action / Record Date
Appointment of M/s Murtuza Mandorwala & Associates, Practicing Company Secretaries (COP No. 14284, M. No. F10745, Peer Review No. - 1615/2021), as the Secretarial Auditors of the Company ....31 Aug 2026 · Company Update / Change in Management
In terms of Clause 7 of Para A Part A Schedule III of Regulation 30 of SEBI LODR, this is to inform that the existing Statutory Auditors of the Company, Ashok Dhariwal & Co., Chartered ....31 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
1.The appointment of M/s. Shivam Soni & Co., Chartered Accountants (FRN:152477W, M. No.178351) as the Statutory Auditors of the Company for a period of 5 consecutive years (F.Y. 2026-27 ....31 Aug 2026 · Others / Outcome without intimation
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of newspaper advertisement (public notice) ....30 Aug 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot dated July 16, 2026, along with the explanatory statement, seeking approval of the members of the Company, by way of remote e-voting process, is attached.27 Aug 2026 · AGM/EGM / Postal Ballot
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that, the company has received an email from National ....17 Aug 2026 · Company Update / General
With reference to above, we are enclosing copy of newspaper advertisement for Financial Results published in Business Standard (English) and Jai Hind (Gujarati) on August 14, 2026 for ....16 Aug 2026 · Company Update / Newspaper Publication
With Reference to the above Subject and Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Read with SEBI Circular No. CIR/CFD/CMD1/162/2019 ....12 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
as per attachment12 Aug 2026 · Company Update / Change in Management
as per attachment12 Aug 2026 · Result / Financial Results
With reference to above mentioned Subject, we wish to inform you that the Board of Directors at their today's Meeting i.e. Wednesday, August 12, 2026 have besides other matters, inter alia ....12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Shah Metacorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve With reference to the above-mentioned ....7 Aug 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mona Viral Shah18 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
as per enclosure16 Jul 2026 · Company Update / Change in Management
a. The Board of Directors took note of the resignation of Mr. Viral Mukundbhai Shah from the position of Chief Executive Officer (CEO) of the Company, effective from July 20, 2026. A copy ....16 Jul 2026 · Company Update / Resignation of Chief Executive Officer (CEO)
Approved Allotment of 1,00,00,000 (One Crore) equity shares pursuant to exercise of right attached to convertible warrants out of total issued 2,00,00,000 convertible warrants into equity ....16 Jul 2026 · Company Update / Allotment of Equity Shares
as per enclosure16 Jul 2026 · Board Meeting / Outcome of Board Meeting
Shah Metacorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve With reference to the above-mentioned ....11 Jul 2026 · Board Meeting / Board Meeting
With reference to above mentioned subject, we submit herewith confirmation certificate for Securities Dematerialized/ rematerialized as received pursuant to Regulation 74(5) of SEBI (Depositories ....9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mona Viral Shah3 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Intimation as per Regulation 92 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), 2018 ('SEBI ICDR Regulations') - Issue of advertisement in newspapers ....1 Jul 2026 · Company Update / Newspaper Publication
We hereby inform you that, in accordance with the Letter of Offer and the basis of allotment finalized in consultation with MUFG Intime India Private Limited (formerly known as Link Intime ....30 Jun 2026 · Company Update / Allotment of Equity Shares
We hereby inform you that, in accordance with the Letter of Offer and the basis of allotment finalized in consultation with MUFG Intime India Private Limited (formerly known as Link Intime ....30 Jun 2026 · Others / Outcome without intimation
This is to inform you that as per the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, and Company''s Code of Conduct ....27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Considered and approved the shorten the extension of the Issue Closing Date and Accordingly, the Rights Issue, which opened on Thursday, June 11, 2026, and was originally scheduled to close ....24 Jun 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	27 May 2026	27 May 2026	—

Board meetings

12 Aug 2026 Board Meeting - Financial Results