Shera Energy delivered a record Q1 FY27, with revenue hitting ₹487.7 Cr (+26% YoY). Profit (PAT) surged 79% to ₹12.6 Cr, outpacing revenue and reflecting strong operating leverage.
EBITDA grew 57% to ₹30.91 Cr, with margins improving to 6.30%. The company is strategically focused on becoming an integrated non-ferrous metals platform.
This involves backward integration, with the Zambia copper cathode facility successfully producing and selling its first trial batch, securing a key raw material source.
Forward integration into higher-margin products like CTC conductors, superfine enamel wires, and solar PV ribbons is also progressing.
The company’s credit rating was also upgraded to ACUITE A-/Stable.
Management sees robust demand for non-ferrous metals from India's electrification, renewable energy, and mobility sectors.
Shera aims to own both ends of its value chain, from cathode production to finished conductors, enhancing profitability and long-term value for stakeholders.
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