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Commentary (9 May 2024 @ 05:59):

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...

Stats
Today's Volume	1.69M
Average Volume	2.19M
Market Cap	581.40M
EPS	INR0 ( 2024-04-18 )
Next earnings date	( INR0 ) 2024-07-25
Last Dividend	INR0.0333 ( 2020-09-08 )
Next Dividend	INR0 ( N/A )
P/E	-95.00
ATR14	INR0.0320 (3.37%)

Volume Correlation

Long: -0.04 (neutral)

Short: 0.24 (neutral)

Signal:(44.702) Neutral

Shrenik Limited Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Shrenik Limited Correlation - Currency/Commodity

-0.09
( neutral )

0.01
( neutral )

0.00
( neutral )

0.02
( neutral )

-0.13
( neutral )

Shrenik Limited Financials

Annual	2023
Revenue:	INR341.95M
Gross Profit:	INR-1.09B (-317.35 %)
EPS:	INR-1.780

FY	2023
Revenue:	INR341.95M
Gross Profit:	INR-1.09B (-317.35 %)
EPS:	INR-1.780

FY	2022
Revenue:	INR485.56M
Gross Profit:	INR-808.51M (-166.51 %)
EPS:	INR0.00380

FY	2022
Revenue:	INR638.16M
Gross Profit:	INR50.75M (7.95 %)
EPS:	INR-0.230

Financial Reports:

No articles found.

Shrenik Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

Shrenik Limited Dividend Information - No Dividend Player

Dividend Sustainability Score: 0 - low (50.00%) | Divividend Growth Potential Score: 2.29 - No dividend growth expected in the near future

Information

First Dividend	INR0.0333	2018-05-30
Last Dividend	INR0.0333	2020-09-08
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	3	--
Total Paid Out	INR0.1000	--
Avg. Dividend % Per Year	0.03%	--
Score	0.6	--
Div. Sustainability Score	0
Div.Growth Potential Score	2.29
Div. Directional Score	0.190	--

Next Divdend (Est)
(2025-02-10)

INR0 Estimate 0.00 %

Dividend Stability

0.03 Very Bad

Dividend Score

0.60

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2018	INR0.0333	0.12%
2019	INR0.0333	0.19%
2020	INR0.0333	0.45%
2021	INR0	0.00%
2022	INR0	0.00%
2023	INR0	0.00%
2024	INR0	0.00%

Dividend Commentary

The company does not currently pay dividends. Given its current dividend status and a low Dividend Growth Potential Score (DGPS), there's minimal likelihood of dividends being initiated soon. Considering all factors, the near-term dividend outlook for the company remains unpromising.

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GEOJITFSL.NS	Dividend Knight	2023-06-30	Annually	20	2.79%
ARVIND.NS	Dividend Junior	2023-07-21	Sporadic	20	0.59%
THOMASCOOK.NS	Dividend Junior	2023-08-10	Sporadic	18	0.15%
ORIENTHOT.NS	Dividend Junior	2023-07-13	Sporadic	23	0.22%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	-3.19	1.500	-10.00	-10.00	[0 - 0.5]
returnOnAssetsTTM	-41.92	1.200	-10.00	-10.00	[0 - 0.3]
returnOnEquityTTM	7.56	1.500	10.00	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0.0139	0.800	-4.93	-3.94	[1 - 3]
quickRatioTTM	0.00755	0.800	-4.66	-3.73	[0.8 - 2.5]
cashRatioTTM	0.00576	1.500	-1.079	-1.619	[0.2 - 2]
debtRatioTTM	47.80	-1.500	10.00	-10.00	[0 - 0.6]
interestCoverageTTM	-255.76	1.000	-10.00	-10.00	[3 - 30]
operatingCashFlowPerShareTTM	0.0124	2.00	10.00	10.00	[0 - 30]
freeCashFlowPerShareTTM	0.0124	2.00	9.99	10.00	[0 - 20]
debtEquityRatioTTM	-0.706	-1.500	-2.82	4.23	[0 - 2.5]
grossProfitMarginTTM	-3.17	1.000	-10.00	-10.00	[0.2 - 0.8]
operatingProfitMarginTTM	-3.36	1.000	-10.00	-10.00	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.00613	1.000	-1.077	-1.077	[0.2 - 2]
assetTurnoverTTM	13.16	0.800	10.00	8.00	[0.5 - 2]
Total Score				-1.910

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	-0.562	1.000	-0.158	0	[1 - 100]
returnOnEquityTTM	7.56	2.50	10.00	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	0.0124	2.00	10.00	10.00	[0 - 30]
dividendYielPercentageTTM	0	1.500	0	0	[0 - 0.4]
operatingCashFlowPerShareTTM	0.0124	2.00	10.00	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	0.000633	1.500	-3.33	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0223	1.000	-1.944	0	[0.1 - 0.5]
Total Score				2.29

Shrenik Limited