SREEL

Sreeleathers financials

Market cap
₹772 Cr
Sector
Consumer Durables

Quarterly results

Q1 FY27: revenue up 19.7%, net profit up 138.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue63 55 53 50 75 +19%61 +10%63 +18%60 +20%
EBITDA10 9 7 4 12 +18%8 −10%10 +48%9 +124%
Net profit6 6 5 3 9 +33%8 +21%10 +83%7 +139%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +42.9% 1Y

₹200₹250₹300₹350Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹233.25 on 10 Sept 2025 → ₹333.27. High ₹370.3 (10 Sept 2026), low ₹166.85 (30 Mar 2026).

Financials, as filed

Revenue grew 7.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 13.5%.

Year endingFY23FY24FY25FY26
Revenue₹200 Cr₹218 Cr₹220 Cr₹248 Cr
Operating profit₹36 Cr₹38 Cr₹32 Cr₹33 Cr
Operating margin17.9%17.3%14.6%13.5%
Interest₹0 Cr₹1 Cr₹0 Cr₹0 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Net profit₹26 Cr₹27 Cr₹23 Cr₹29 Cr
Net margin12.8%12.3%10.3%11.6%
Cash from operations₹29 Cr₹30 Cr₹27 Cr₹31 Cr
Free cash flow₹28 Cr₹29 Cr₹25 Cr₹31 Cr
ROCE10.0%9.0%7.0%7.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹23 Cr₹23 Cr₹23 Cr₹23 Cr₹23 Cr₹23 Cr
Reserves₹291 Cr₹314 Cr₹349 Cr₹394 Cr₹461 Cr₹475 Cr
Borrowings₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹2 Cr₹2 Cr
Other liabilities₹13 Cr₹14 Cr₹19 Cr₹19 Cr₹30 Cr₹29 Cr
Total liabilities₹330 Cr₹355 Cr₹394 Cr₹439 Cr₹517 Cr₹528 Cr
Fixed assets₹152 Cr₹152 Cr₹151 Cr₹151 Cr₹152 Cr₹151 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹159 Cr₹182 Cr₹219 Cr₹264 Cr₹343 Cr₹358 Cr
Other assets₹19 Cr₹21 Cr₹23 Cr₹24 Cr₹22 Cr₹20 Cr
Total assets₹330 Cr₹355 Cr₹394 Cr₹439 Cr₹517 Cr₹528 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025.

Promoters
75.0%
FIIs
6.9%
Public
18.1%

Since Jun 2025

  • Public −0.01 pp
  • Promoters 0.00 pp
  • FIIs 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 6.1%, Public 18.9%.Dec '23: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Mar '24: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Jun '24: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Sep '24: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Dec '24: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Mar '25: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Jun '25: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Sep '25: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Dec '25: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Mar '26: Promoters 75.0%, FIIs 6.9%, Public 18.1%.Jun '26: Promoters 75.0%, FIIs 6.9%, Public 18.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Sreeleathers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Panchavati Tie- Up Pvt Ltd 19.99%unchanged
Satya Brata Dey 19.92%unchanged
Easel Advertising Pvt Ltd 13.99%unchanged
Sushanto Dey 5.05%unchanged
Sumanta Dey 3.86%unchanged
Habrok India Master Lp FPI fund3.54%unchanged
Soham Dey 2.77%unchanged
Cassini Partners L.P. Managed By Habrok VC / PE2.70%unchanged
Rochita Dey 2.31%unchanged
Sekhar Dey 2.19%unchanged
Jyotsna Dey 2.16%unchanged
Shoeline Trading Pvt Ltd 2.13%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹333, this stock must grow earnings at 19% every year for 7 years. Our analysis caps realistic growth at ~-3%. At that growth it is worth ₹101 — downside of 70%.

Growth the price implies
19.1% a year
for 7 years, fading to 4%
It has actually compounded at
-3.1% a year
net profit, FY23–FY26 · EPS -3.1%
The gap
0.2 pp
-70% downside if it only repeats history
Price today ₹333.27 Value at the reference growth ₹100.89

Change the assumptions yourself →

Learn to analyse Sreeleathers Limited

Guides on how to read this kind of business and the numbers that matter.