Mumbai, November 02, 2026: Shera Energy Limited (NSE: SHERA), an integrated non-ferrous metals manufacturer of winding wires, conductors and value-added copper, aluminium and brass products for the power, renewables, mobility and industrial sectors announced its financial results for the quarter and half year ended September 30, 2026.
| Particulars | H1FY27 | H1FY26 | YoY% |
| Revenue from Operations | 1047.40 | 780.65 | 34.2% |
| EBITDA | 70.78 | 41.40 | 70.9% |
| EBITDA Margin | 6.76% | 5.30% | 146bps |
| Profit Before Tax | 41.85 | 21.12 | 98.2% |
| Profit After Tax | 30.77 | 15.21 | 102.3% |
| PAT Margin | 2.94% | 1.95% | 99bps |
EBITDA and EBITDA Margin include Total Income
Key Financial Highlights – H1FY27
- Consolidated revenue from operations stood at ₹1047.40 crore for H1FY27, up 34.2% YoY, reflecting robust business momentum.
- EBITDA stood at ₹ 70.78 crore with a margin of 6.76% for H1FY27, a YoY change of 70.9% on the back of continued operational efficiency.
- Profit after tax for the half year was ₹ 30.77 crore with a margin of 2.94%, reflecting a YoY change of 102.3% reflecting consistent earnings performance.
Key Business and Strategic Updates:
- Project Execution Updates
- Zambia Copper Cathode Facility: The copper cathode facility of Shera Zambia Limited (99.50% subsidiary) in Zambia’s Copperbelt, with Phase 1 capacity of 1,200 MT per annum is in the pilot stage. The first trial batch of 8.6 MT of 99.99% purity cathode has been produced and sold. The commercial operations are expected to commence by Q4FY27
- Value-Added Products: The new facility at Shera Metal Private Limited for super-fine enamelled wires, PV ribbon wires and busbars are in commercial production. CTC conductor trials are complete, with initial commercial orders executed; full-scale commercial production is expected by the end of the year
- Rajputana Industries: The newly added 2,400 MTPA nickel-iron alloy capacity and 36,000 km per annum cable and conductor capacity at Reengus have commenced commercial production
- Capital Raise & Credit Rating: The Company allotted 45,00,000 convertible warrants at ₹118 each on a preferential basis on July 14, 2026, with an aggregate issue size of ₹53.10 crore. The credit rating was upgraded to ACUITE A- / Stable (long term) and ACUITE A2+ (short term) on July 15, 2026.
Key Industry & Regulatory Updates:
- Power sector capex remains strong, with ₹9.15 lakh crore planned under the National Electricity Plan (2023–32) and transformer capacity set to rise from 1,478 GVA to 2,345 GVA by 2032, supporting copper and aluminium winding wire demand.
- The ₹3.03 lakh crore RDSS programme continues to drive grid modernisation and replacement of ageing distribution transformers.
- With India importing over 90% of its copper concentrate, nil customs duty on copper scrap and the National Critical Mineral Mission support domestic recycling and integrated producers.
- Renewable energy and e-mobility add further demand for winding wires and PV ribbons, with EV sales up ~25% YoY in FY26 and domestic solar cell capacity scaling up.
About Shera Energy Limited
Shera Energy Limited is an integrated manufacturer of winding wires and strips in copper, aluminium and brass, serving the transformer, motor and electrical panel industries. With backward and forward integration, the company offers a wide value-added portfolio spanning paper, enamel and fibre covered wires, round and rectangular wires, bunched wires, tubes, rods and strips. An ISO-certified company, it is an approved vendor to Power Grid Corporation of India, among other reputed organisations. Shera Energy has been listed on NSE Emerge since February 17, 2023.
Safe Harbour Statement:
This document contains certain forward-looking statements within the meaning of applicable securities laws and regulations. These statements are based on management’s current expectations, assumptions, estimates, and projections about the business, industry, and markets in which the Company operates. Such statements include, but are not limited to, statements relating to the Company’s financial position, business strategy, plans, future operations, and objectives of management. Forward looking statements are subject to known and unknown risks, uncertainties, and other factors, many of which are beyond the Company’s control, that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among others: general economic and business conditions in India and overseas, changes in government regulations, tax laws, and other statutes, as well as other factors affecting the Company’s business and operations. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, unless required by law. Investors are advised not to place undue reliance on these forward looking statements, which speak only as of their respective dates.
