Shri Venkatesh Refineries Ltd (SVRL) — share price & stock analysis
Profits are up 29% in two years, the market has pre-paid for the next leg.
Shri Venkatesh Refineries Ltd (SVRL) trades at ₹253 as of 6 March 2026, up 19% over the past year — beating NIFTY 500 for 80 weeks. The machine reads this as steady growth, fairly priced: profits are up 29% in two years, the market has pre-paid for the next leg. It trades at a P/E of 22.1× (the 61st percentile of its own range); the price is in Stage 2 — advancing, 94 weeks in; the business cycle reads STEADY / EXPANSION. Fundamentals-momentum score: 69/100 (mostly improving).
Data as of 6 March 2026 · every number traces to its Screener source column · not investment advice.
- Market cap
- ₹559 Cr
- P/E
- 22.1×
- ROE
- 20.7%
- vs own history (since 2021)
- 61st pctile
- Book value / share
- ₹49.7
- EPS (TTM)
- ₹11.4
- 10-yr median P/E
- 18.8×
- Revenue (FY25)
- ₹702 Cr
- Profit after tax (FY25)
- ₹18 Cr
- Weinstein stage
- Stage 2 (94 weeks)
- Data as of
- 6 March 2026
This is a steady business by its own record — profit dips never exceeded 5% across 8 years. The cycle matters less than execution here.net_profit
Where the clock stands now: earnings sit at 100% of their historical range, margins are the best ever printed, and the market pays mid-range (61st percentile). That reads as EXPANSION — the comfortable middle — but the records are already on the table; from here the bet is that they keep coming.net_profit
2 of the 5 things we track are currently moving the right way — most of the dashboard is turning up.
Where the levels actually stand: ROCE 15% — decent; real debt (1.93× equity); margins at an all-time high. Momentum says which way things are moving; these say where they are.
Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.
The market has pre-paid for growth that hasn’t arrived yet
Since Nov 2021, the stock is up 1,085% while earnings per share grew 431%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps
That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.
Today’s P/E of 22.1× is the middle of its own range against its own history since 2021 (61st percentile) — neither a bargain nor a stretch, by its own standards.pe_ratio
Data: Price, EPS and valuation (sampled — full series in the embedded dataset)
| Period | Price (₹) | EPS (TTM) (₹) | P/E (×) |
|---|---|---|---|
| Nov 21 | 21.3 | 2.2 | – |
| Dec 21 | 22.9 | 2.1 | 10.7 |
| Jan 22 | 31.0 | 2.2 | 14.4 |
| Feb 22 | 32.5 | 2.2 | 15.1 |
| Mar 22 | 55.8 | 2.2 | 25.9 |
| Apr 22 | 61.5 | 2.2 | 28.6 |
| Apr 22 | 60.5 | 2.2 | 28.1 |
| May 22 | 60.8 | – | 9.0 |
| Jun 22 | 49.0 | – | 7.2 |
| Jul 22 | 40.2 | 6.8 | 5.9 |
| Aug 22 | 82.1 | 8.2 | 10.0 |
| Sep 22 | 90.8 | 8.3 | 11.0 |
| Oct 22 | 120 | 8.2 | 14.6 |
| Nov 22 | 109 | 8.2 | 13.3 |
| Dec 22 | 112 | 8.8 | 12.8 |
| Jan 23 | 100 | 8.8 | 11.4 |
| Feb 23 | 97.0 | 8.7 | 11.1 |
| Mar 23 | 97.5 | 8.4 | 11.6 |
| Mar 23 | 80.6 | 8.4 | 9.6 |
| Apr 23 | 79.5 | 8.4 | 9.5 |
| May 23 | 71.5 | – | 8.5 |
| Jun 23 | 74.0 | 6.8 | 10.9 |
| Jul 23 | 67.9 | 6.8 | 10.0 |
| Aug 23 | 68.0 | 5.5 | 12.3 |
| Sep 23 | 100 | 5.5 | 18.2 |
| Oct 23 | 103 | 5.5 | 18.8 |
| Nov 23 | 108 | – | – |
| Dec 23 | 111 | – | – |
| Jan 24 | 100 | – | – |
| Feb 24 | 93.0 | – | – |
| Mar 24 | 82.0 | 5.9 | 14.0 |
| Mar 24 | 72.0 | 5.9 | 12.3 |
| Apr 24 | 113 | 5.9 | 19.3 |
| May 24 | 111 | 5.8 | 19.0 |
| Jun 24 | 137 | 6.8 | 20.1 |
| Jul 24 | 127 | 6.8 | 18.7 |
| Aug 24 | 115 | 6.8 | 16.9 |
| Sep 24 | 148 | 6.9 | 21.6 |
| Oct 24 | 142 | 6.9 | 20.7 |
| Nov 24 | 161 | 6.9 | 23.4 |
| Dec 24 | 196 | 6.9 | 28.6 |
| Jan 25 | 230 | 6.9 | 33.5 |
| Feb 25 | 236 | 6.9 | 34.3 |
| Feb 25 | 213 | 6.9 | 31.0 |
| Mar 25 | 203 | 6.9 | 29.6 |
| May 25 | 216 | 6.9 | 31.5 |
| May 25 | 204 | 6.9 | 29.7 |
| Jun 25 | 196 | 6.9 | 28.6 |
| Jul 25 | 243 | 6.9 | 35.4 |
| Aug 25 | 237 | 6.9 | 34.5 |
| Sep 25 | 282 | 6.9 | 41.1 |
| Oct 25 | 270 | 8.2 | 33.0 |
| Nov 25 | 283 | 11.4 | 34.5 |
| Dec 25 | 300 | 11.4 | 26.3 |
| Jan 26 | 288 | 11.4 | 25.2 |
| Feb 26 | 275 | 11.4 | 24.1 |
| Mar 26 | 253 | 11.4 | 22.1 |
Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (18.8×).
An uptrend that has held for 94 weeks
STAGE 2 · ADVANCING · 94 WEEKSEvery stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 2: advancing, 94 weeks in, confirmed.stage
The price sits above its rising 200-day average (₹252 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200
Beating NIFTY 500 for 80 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield
What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200
Data: Weekly price, moving averages and stage (sampled — full series in the embedded dataset)
| Period | Price (₹) | 200-DMA (₹) | 50-DMA (₹) | Stage |
|---|---|---|---|---|
| Oct 21 | 21.4 | 21.1 | 21.1 | 4 |
| Nov 21 | 21.3 | 21.3 | 21.8 | 4 |
| Dec 21 | 22.9 | 21.4 | 22.1 | 2 |
| Jan 22 | 31.0 | 22.1 | 23.9 | 2 |
| Feb 22 | 32.5 | 22.9 | 26.0 | 2 |
| Mar 22 | 55.8 | 28.2 | 41.6 | 2 |
| Apr 22 | 61.5 | 31.9 | 48.0 | 2 |
| Apr 22 | 60.5 | 35.7 | 53.4 | 2 |
| May 22 | 60.8 | 39.6 | 56.1 | 2 |
| Jun 22 | 49.0 | 42.6 | 56.2 | 2 |
| Jul 22 | 40.2 | 42.6 | 50.3 | 2 |
| Aug 22 | 82.1 | 45.4 | 56.1 | 2 |
| Sep 22 | 90.8 | 52.6 | 73.6 | 2 |
| Oct 22 | 120 | 60.6 | 88.0 | 2 |
| Nov 22 | 109 | 69.6 | 103 | 2 |
| Dec 22 | 112 | 75.0 | 102 | 2 |
| Jan 23 | 100 | 79.0 | 101 | 2 |
| Feb 23 | 97.0 | 81.6 | 99.4 | 2 |
| Mar 23 | 97.5 | 85.2 | 101 | 2 |
| Mar 23 | 80.6 | 85.6 | 94.5 | 2 |
| Apr 23 | 79.5 | 84.9 | 88.2 | 2 |
| May 23 | 71.5 | 83.9 | 83.4 | 4 |
| Jun 23 | 74.0 | 81.4 | 76.2 | 4 |
| Jul 23 | 67.9 | 80.6 | 75.1 | 4 |
| Aug 23 | 68.0 | 78.8 | 71.3 | 4 |
| Sep 23 | 100 | 81.2 | 83.8 | 4 |
| Oct 23 | 103 | 84.2 | 92.0 | 2 |
| Nov 23 | 108 | 86.0 | 93.5 | 2 |
| Dec 23 | 111 | 90.1 | 103 | 2 |
| Jan 24 | 100 | 92.5 | 103 | 2 |
| Feb 24 | 93.0 | 93.3 | 99.9 | 2 |
| Mar 24 | 82.0 | 92.8 | 94.7 | 2 |
| Mar 24 | 72.0 | 90.5 | 86.2 | 4 |
| Apr 24 | 113 | 91.8 | 93.2 | 4 |
| May 24 | 111 | 94.2 | 99.7 | 4 |
| Jun 24 | 137 | 97.1 | 107 | 2 |
| Jul 24 | 127 | 103 | 121 | 2 |
| Aug 24 | 115 | 107 | 123 | 2 |
| Sep 24 | 148 | 112 | 134 | 2 |
| Oct 24 | 142 | 117 | 137 | 2 |
| Nov 24 | 161 | 123 | 147 | 2 |
| Dec 24 | 196 | 131 | 160 | 2 |
| Jan 25 | 230 | 146 | 191 | 2 |
| Feb 25 | 236 | 161 | 210 | 2 |
| Feb 25 | 213 | 165 | 213 | 2 |
| Mar 25 | 203 | 170 | 211 | 2 |
| May 25 | 216 | 174 | 212 | 2 |
| May 25 | 204 | 179 | 209 | 2 |
| Jun 25 | 196 | 183 | 206 | 2 |
| Jul 25 | 243 | 191 | 219 | 2 |
| Aug 25 | 237 | 199 | 229 | 2 |
| Sep 25 | 282 | 206 | 240 | 2 |
| Oct 25 | 270 | 217 | 256 | 2 |
| Nov 25 | 283 | 226 | 263 | 2 |
| Dec 25 | 300 | 238 | 279 | 2 |
| Jan 26 | 288 | 245 | 284 | 2 |
| Feb 26 | 275 | 251 | 284 | 2 |
| Mar 26 | 253 | 252 | 273 | 2 |
5 of 7 years up since listing — good compounding, but a short book
Over 7 years, sales went from ₹132 Cr to ₹702 Cr (about 27% a year), and profit from ₹1.0 Cr to ₹18.0 Cr.revenuenet_profit
Margins held steady throughout (2.2–5.1%) — disciplined growth.operating_profit
Data: Revenue by year
| Period | Revenue (₹ Cr) |
|---|---|
| FY18 | 132 |
| FY19 | 227 |
| FY20 | 235 |
| FY21 | 337 |
| FY22 | 612 |
| FY23 | 629 |
| FY24 | 575 |
| FY25 | 702 |
Data: Profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| FY18 | 1 |
| FY19 | 1 |
| FY20 | 2 |
| FY21 | 4 |
| FY22 | 14 |
| FY23 | 14 |
| FY24 | 15 |
| FY25 | 18 |
Data: OPM % by year
| Period | OPM % (%) |
|---|---|
| FY18 | 3.0 |
| FY19 | 2.2 |
| FY20 | 3.0 |
| FY21 | 3.0 |
| FY22 | 4.2 |
| FY23 | 4.5 |
| FY24 | 5.0 |
| FY25 | 5.1 |
Sales exploded 81% last quarter
Sep 25 sales were ₹556 Cr, up 81% on the same quarter last year.revenue
Data: Quarterly sales
| Period | Revenue (₹ Cr) | YoY growth (%) |
|---|---|---|
| Sep 20 | 132 | – |
| Sep 21 | 311 | 135.6 |
| Mar 22 | 301 | – |
| Sep 22 | 324 | 4.2 |
| Mar 23 | 305 | 1.3 |
| Sep 23 | 287 | -11.4 |
| Mar 24 | 288 | -5.6 |
| Sep 24 | 308 | 7.3 |
| Mar 25 | 393 | 36.5 |
| Sep 25 | 556 | 80.5 |
Margins have been rebuilt — 3.0% in FY20 to 5.1% now
Of every ₹100 of sales, the company keeps ₹5.1 as operating profit (a year ago it kept ₹4.9).opm_pct
Zoom out and this is the page's quiet hero: annual operating margin bottomed at 3.0% in FY20 and has been rebuilt to 5.1% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit
Data: Three margins, quarterly
| Period | Gross (%) | Operating (%) | Net (%) |
|---|---|---|---|
| Jun 22 | 6.6 | 5.7 | 3.5 |
| Sep 22 | 3.9 | 2.7 | 1.1 |
| Dec 22 | 7.1 | 6.0 | 3.6 |
| Mar 23 | 4.2 | 3.0 | 1.0 |
| Jun 23 | 5.9 | 4.9 | 2.3 |
| Sep 23 | 7.3 | 6.1 | 2.9 |
| Dec 23 | 9.3 | 7.8 | 3.3 |
| Mar 24 | 2.9 | 2.4 | 2.1 |
| Jun 24 | 5.6 | 4.7 | 2.2 |
| Sep 24 | 6.0 | 4.9 | 2.3 |
| Mar 25 | 6.1 | 5.3 | 2.8 |
| Sep 25 | 5.8 | 5.1 | 2.6 |
Profit exploded 100% — mostly from selling more
Sep 25 profit after tax was ₹14.0 Cr, up 100% year on year.net_profit
Data: Quarterly profit after tax
| Period | PAT (₹ Cr) | YoY growth (%) |
|---|---|---|
| Sep 20 | 2.0 | – |
| Sep 21 | 3.0 | 50.0 |
| Mar 22 | 12.0 | – |
| Sep 22 | 8.0 | 166.7 |
| Mar 23 | 6.0 | -50.0 |
| Sep 23 | 7.0 | -12.5 |
| Mar 24 | 8.0 | 33.3 |
| Sep 24 | 7.0 | 0.0 |
| Mar 25 | 11.0 | 37.5 |
| Sep 25 | 14.0 | 100.0 |
The single biggest driver was selling more.
Data: Where the profit change came from (Sep 24 → Sep 25)
| Component | Effect (₹ Cr) |
|---|---|
| PAT Sep 24 | 7 |
| More sales | +12 |
| Fatter margins | +1 |
| Other income | −1 |
| Interest | −4 |
| Tax | −2 |
| Everything else | +1 |
| PAT Sep 25 | 14 |
Profits on paper, cash lagging behind
Over the last 5 profitable years, the business reported ₹65.0 Cr of profit and collected ₹−55.0 Cr of operating cash — about -85% conversion.operating_cash_flownet_profit
The wrinkle is the latest year: FY25 collected ₹1.0 Cr against ₹18.0 Cr of reported profit — about 6%. One year isn’t a trend, but it is the line to watch.operating_cash_flownet_profit
The gap sits in receivables: customers now take 8 days to pay, up from 7. Profit booked, cash pending.debtor_days
Data: Cash collected vs profit reported (annual)
| Period | Operating cash flow (₹ Cr) | Profit after tax (₹ Cr) |
|---|---|---|
| FY19 | 3.0 | 1.0 |
| FY20 | -2.0 | 2.0 |
| FY21 | -15.0 | 4.0 |
| FY22 | -20.0 | 14.0 |
| FY23 | 7.0 | 14.0 |
| FY24 | -28.0 | 15.0 |
| FY25 | 1.0 | 18.0 |
The cash cycle is stable
One rupee now takes about 110 days to go out the door as materials and come back as collected cash.cash_conversion_cycle
The biggest mover: suppliers being paid later (18 → 26 days).payable_days
Data: Days of cash locked up (annual)
| Period | Customers owe (debtor days) (days) | Stock on shelf (inventory days) (days) | We owe suppliers (payable days) (days) |
|---|---|---|---|
| FY18 | 19.0 | 63.0 | 7.0 |
| FY19 | 11.0 | 35.0 | 3.0 |
| FY20 | 18.0 | 48.0 | 10.0 |
| FY21 | 0.0 | 71.0 | 7.0 |
| FY22 | 1.0 | 68.0 | 5.0 |
| FY23 | 2.0 | 80.0 | 9.0 |
| FY24 | 7.0 | 122 | 18.0 |
| FY25 | 8.0 | 128 | 26.0 |
Building hard — new capacity is under construction
The productive asset base has gone from ₹5.0 Cr (FY18) to ₹61.0 Cr, with another ₹12.0 Cr of capacity under construction right now.fixed_assetscwip
Work-in-progress is 20% of the existing asset base — that is a serious bet on future demand. Capacity like this shows up in sales with a lag; it is tomorrow’s growth being paid for today.cwip
The build is bigger than the cash engine: investing outflows (₹54.0 Cr) exceeded operating cash (₹−20.0 Cr) over the last 3 years — the difference comes from debt or shareholders.investing_cash_flowoperating_cash_flow
Data: Assets in place vs under construction (annual)
| Period | Fixed assets (₹ Cr) | Under construction (CWIP) (₹ Cr) |
|---|---|---|
| FY18 | 5.0 | 0.0 |
| FY19 | 19.0 | 0.0 |
| FY20 | 22.0 | 0.0 |
| FY21 | 23.0 | 0.0 |
| FY22 | 23.0 | 0.0 |
| FY23 | 24.0 | 0.0 |
| FY24 | 24.0 | 3.0 |
| FY25 | 61.0 | 12.0 |
Carrying real debt
For every ₹100 shareholders have put in (and left in), the company has borrowed ₹193 — total borrowings have grown from ₹19.0 Cr to ₹183 Cr over the window.borrowings
Data: Total borrowings (annual)
| Period | Borrowings (₹ Cr) |
|---|---|
| FY18 | 19.0 |
| FY19 | 26.0 |
| FY20 | 36.0 |
| FY21 | 58.0 |
| FY22 | 73.0 |
| FY23 | 77.0 |
| FY24 | 124 |
| FY25 | 183 |
Data: Debt vs shareholders’ money (annual)
| Period | Debt ÷ equity (x) |
|---|---|
| FY18 | 3.8 |
| FY19 | 1.3 |
| FY20 | 1.5 |
| FY21 | 2.2 |
| FY22 | 1.4 |
| FY23 | 1.2 |
| FY24 | 1.6 |
| FY25 | 1.9 |
Every ₹100 kept in the business earns ₹15 — decent, not special
Return on capital employed is 15.0% (a year ago: 17.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct
Data: Returns on capital (annual)
| Period | ROCE (%) |
|---|---|
| FY19 | 14.0 |
| FY20 | 13.0 |
| FY21 | 14.0 |
| FY22 | 24.0 |
| FY23 | 20.0 |
| FY24 | 17.0 |
| FY25 | 15.0 |
The owners aren’t moving
Promoters hold 73.5%, essentially unchanged. Foreign funds own null%, domestic funds 0.0%.promoters_pctfiis_pctdiis_pct
Data: Who holds the shares, quarterly
| Period | Promoters (%) | Domestic funds (%) |
|---|---|---|
| Jun 22 | 73.5 | 0.0 |
| Sep 22 | 73.5 | 0.0 |
| Dec 22 | 73.5 | 0.0 |
| Mar 23 | 73.5 | 0.0 |
| Sep 23 | 73.5 | 0.0 |
| Dec 23 | 73.5 | 0.0 |
| Mar 24 | 73.5 | 0.0 |
| Sep 24 | 73.5 | 0.0 |
| Dec 24 | 73.5 | 0.0 |
| Mar 25 | 73.5 | 0.0 |
| Jun 25 | 73.5 | 0.0 |
| Sep 25 | 73.5 | 0.0 |
- Promoters are not selling. Their stake has moved 0.1 points or less in 8 quarters — it sits at 73.5%.promoters_pct
The numbers earn a deeper study — and watch the one thing that matters
The numbers lean positive, and the price already assumes the good news continues.
Best thing in the data: cash generation rising (₹−28.0 Cr → ₹1.0 Cr).operating_cash_flow
Biggest worry: free cash flow falling (₹−33.0 Cr → ₹−46.0 Cr).operating_cash_flow
Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.
Straight answers from the data
What does Shri Venkatesh Refineries Ltd do?
Incorporated in 2003, Shri Venkatesh Refineries Ltd manufactures and trades Refined Oil and Raw Oil. It is listed in the Solvent Extraction sector with a market capitalisation of ₹559 Cr.
What is Shri Venkatesh Refineries Ltd's share price?
As of 6 March 2026, Shri Venkatesh Refineries Ltd trades at ₹253, up 19% over the past year, with a market capitalisation of ₹559 Cr. Beating NIFTY 500 for 80 weeks. Prices are weekly closes from Screener data; this page refreshes with each weekly update.
What is Shri Venkatesh Refineries Ltd's share price target?
Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Shri Venkatesh Refineries Ltd's intrinsic value at ₹330 per share under base assumptions (bear ₹177, bull ₹394), against the current price of ₹253 — a 31% margin of safety. The current price already implies roughly 7% annual earnings growth. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.
Is Shri Venkatesh Refineries Ltd stock overvalued or undervalued?
Shri Venkatesh Refineries Ltd trades at a P/E of 22.1× — the 61st percentile of its own 4.3-year trading range (median 18.8×), which is above the middle of its own historical range. The market has pre-paid for growth that hasn’t arrived yet. Since Nov 2021, the stock is up 1,085% while earnings per share grew 431%. The difference is re-rating — investors paying more for the same rupee of profit.
What did Shri Venkatesh Refineries Ltd report in its latest quarterly results?
In its most recent reported quarter (Q2 FY26, quarter ended September 2025): Sep 25 sales were ₹556 Cr, up 81% on the same quarter last year. Sep 25 profit after tax was ₹14.0 Cr, up 100% year on year. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.
Is Shri Venkatesh Refineries Ltd growing?
Sales exploded 81% last quarter. Sep 25 sales were ₹556 Cr, up 81% on the same quarter last year.
Are Shri Venkatesh Refineries Ltd's profits growing?
Profit exploded 100% — mostly from selling more. Sep 25 profit after tax was ₹14.0 Cr, up 100% year on year.
What are Shri Venkatesh Refineries Ltd's operating margins?
Margins have been rebuilt — 3.0% in FY20 to 5.1% now. In the most recent quarter, of every ₹100 of sales, the company keeps ₹5.1 as operating profit (a year ago it kept ₹4.9).
What is Shri Venkatesh Refineries Ltd's long-term growth record?
Revenue grew from ₹132 Cr in FY18 to ₹702 Cr in FY25 — a 27.0% compound annual growth rate over 7 years. Profit after tax compounded at 51.1% over the same period (₹1 Cr → ₹18 Cr).
Is Shri Venkatesh Refineries Ltd stock in an uptrend?
An uptrend that has held for 94 weeks. Shri Venkatesh Refineries Ltd is in Stage 2 — advancing, 94 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).
Why is Shri Venkatesh Refineries Ltd stock rising?
The price is up 19% over the past year, in a confirmed Stage 2 uptrend (94 weeks), and has beaten NIFTY 500 for 80 weeks. Since 2021, the price is up 1,085% while earnings per share moved 431%.
Is Shri Venkatesh Refineries Ltd beating the NIFTY 500?
Yes — beating NIFTY 500 for 80 weeks, as of 6 March 2026. Relative strength is measured weekly against the NIFTY 500 (Mansfield RS): a positive reading means the stock has outperformed the index over the trailing window, week after week.
Where is Shri Venkatesh Refineries Ltd in its business cycle?
The data reads Shri Venkatesh Refineries Ltd as a steady business currently in its expansion phase — earnings at an all-time high for this company, valuation at the 61st percentile. This is a steady business by its own record — profit dips never exceeded 5% across 8 years. The cycle matters less than execution here.
Does Shri Venkatesh Refineries Ltd have too much debt?
Carrying real debt. For every ₹100 shareholders have put in (and left in), the company has borrowed ₹193 — total borrowings have grown from ₹19.0 Cr to ₹183 Cr over the window.
What is the bull case for Shri Venkatesh Refineries Ltd?
Profits are up 29% in two years, the market has pre-paid for the next leg. Best thing in the data: cash generation rising (₹−28.0 Cr → ₹1.0 Cr). Sales exploded 81% last quarter.
What is the bear case for Shri Venkatesh Refineries Ltd — what could break the story?
Biggest worry: free cash flow falling (₹−33.0 Cr → ₹−46.0 Cr). Two quarters of profit reversing would kill this story. The nearest-term thing to watch: if quarterly growth slips below 40%, the story weakens. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.
Is Shri Venkatesh Refineries Ltd a stock worth studying right now?
Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: the numbers earn a deeper study — and watch the one thing that matters. The numbers lean positive, and the price already assumes the good news continues. Across the 7-model scorecard the composite research signal is study deeper at 79% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.