Q3 2026 Shera Energy Ltd Earnings Call Transcript
Key Points
- Shera Energy Ltd (NSE:SHERA) reported a 30% increase in total income to INR1,182 crores for the first nine months of FY26 compared to the same period last year.
- EBITDA rose by 55% to INR66 crores, and profit before tax grew by 57% to INR34 crores, indicating improved operational efficiency.
- The company is in the final stages of commissioning a copper cathode facility in Zambia, which is expected to enhance raw material security and reduce import dependence.
- Shera Energy Ltd (NSE:SHERA) is expanding into higher value-added segments such as electrical conductors, superfine wires, and solar ribbons, positioning itself closer to end-use applications.
- The company plans a capital investment of INR300 crores to INR500 crores to scale up operations in Zambia, aiming to improve margins by 15% to 20% through backward integration.
- Consolidated revenue has remained relatively stagnant over the past two quarters, despite an increase in copper and aluminum prices.
- There has been an increase in the finance cost during the nine months of FY26, attributed to debt taken for expansion in Zambia.
- The company experienced a slight decline in quantity growth in Q3 compared to the preceding quarter, with a drop of around 240 metric tons.
- Shera Energy Ltd (NSE:SHERA) faces challenges in stabilizing production at its Zambian facility, with commercial production expected to stabilize only by the first quarter of the next financial year.
- The company maintains a high level of inventory, approximately 60 days of stock, which may impact working capital efficiency.
Ladies and gentlemen, good day, and welcome to the Q3 and nine months FY26 results conference call of Shera Energy Limited, hosted by Kirin Advisors Private Limited. (Operator Instructions)
Please note that this conference is being recorded. I now hand the conference over to Mr. Ronak from Kirin Advisors Private Limited. Thank you, and over to you, sir.
Thank you. On behalf of Kirin Advisors, we welcome you all to the conference call of Shera Energy Limited. From the management team, we have Mr. Naseem Sheikh, Chairman and Managing Director; and Ms. Jyoti Goyal, Company Secretary and Compliance Officer.
Now I hand over the call to Jyoti Goyal. Over to you, ma'am.
Good afternoon, everyone. I hope you all are doing well. It is my privilege to welcome you all to the Shera Energy Limited earnings conference call for the first nine months of the financial year '26. I'm Company Secretary and Compliance Officer of the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investorsā 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
