Press Releases » PNN


Shera Energy Delivers a Stellar 62 Percent Jump in Consolidated PBT for H1 FY26

Mumbai (Maharashtra) [India], November 7: Shera Energy Limited (NSE – SHERA), is one of the leading manufacturers of winding wires and strips made from non-ferrous metals, has announced its Un-audited Financial Results for H1 FY26.

H1 FY26 Consolidated Financial Highlights

• Total Income of ₹ 782.64 Cr, YoY growth of 30.04%

• EBITDA of ₹ 41.41 Cr, YoY growth of 42.26%

• PBT of ₹ 21.12 Cr, YoY growth of 62.09%

• Net Profit of ₹ 15.21 Cr, YoY growth of 57.39%

• Diluted EPS of ₹ 4.92, YoY growth of 48.19%

H1 FY26 Standalone Financial Highlights

• Total Income of ₹ 508.13 Cr, YoY growth of 20.97%

• EBITDA of ₹ 18.42 Cr, YoY growth of 28.54%

• PBT of ₹ 7.76 Cr, YoY growth of 31.23%

• Net Profit of ₹ 5.76 Cr, YoY growth of 31.56%

• Diluted EPS of ₹ 2.35, YoY growth of 22.40%

Commenting on the Performance, Mr. Naseem Shaikh, Chairman and Managing Director, Shera Energy Limited expressed, “Over the last few years, we’ve built Shera Energy with a clear focus on growth, diversification, and cost efficiency. From a small setup, we have grown multi-fold by expanding capacities, strengthening backward integration, and maintaining operational discipline.

Our upcoming copper cathode plant in Zambia will make us self-reliant in raw materials and improve our margins. In India, we are adding solar ribbons, conductors, and specialized wires used in power and renewable applications, which will further enhance our product range and profitability. We have also approved the incorporation of a new overseas subsidiary in Ethiopia, marking our entry into another African market and supporting our goal of building a wider global presence.

The non-ferrous metals industry in India is on a strong growth path, supported by infrastructure development, electrification, and renewable energy projects. With our integrated operations and expanding capacity, we are well-positioned to benefit from this momentum.

Looking ahead, we expect consistent improvement in revenue and profitability as both our Indian and Zambian operations contribute more meaningfully. Our focus remains on sustainable growth, stronger financials, and long-term value creation.”

Q2 FY26 Key Business Highlights

Incorporates Subsidiary in Ethiopia

• Overseas Subsidiary: Approved incorporation in Ethiopia.

• Investment: Up to USD 1 million.

• Objective: Business expansion and strategic growth in Africa.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

More News
Dr  Seema Nambiar at Skanda Wellbeing UAE: Guiding Individuals Across the Globe Toward Inner Harmony

Dr Seema Nambiar at Skanda Wellbeing UAE: Guiding Individuals Across the Globe Toward Inner Harmony

15 Dec 2025 | 5:16 PM

In a world that moves faster with each passing day—where stress, emotional fatigue, and mental overload have become common companions—voices of authentic transformation are increasingly rare.

see more..
India Emerges as a Global Leader in Machine Learning–Enabled Scientific Research, New Report Finds

India Emerges as a Global Leader in Machine Learning–Enabled Scientific Research, New Report Finds

15 Dec 2025 | 5:14 PM

New Delhi [India], December 12: India has emerged as one of the world’s most dynamic and rapidly advancing centers for machine learning (ML)–enabled scientific research, according to the newly released see more..

Sanjeev Datta: The Architect of Confident India

Sanjeev Datta: The Architect of Confident India

15 Dec 2025 | 5:13 PM

New Delhi [India], December 12: At the intersection of art, psychology, and leadership lies Sanjeev Datta’s life’s work — a mission to unleash human potential and shape a confident, communicative, and creative India.

see more..
How dmodot Is Redefining Modern Indian Footwear: Craftsmanship, Minimalism and the New Age Consumer

How dmodot Is Redefining Modern Indian Footwear: Craftsmanship, Minimalism and the New Age Consumer

15 Dec 2025 | 5:10 PM

New Delhi [India], December 13: In a marketplace long filled with loud logos, mass-produced designs and fast fashion formulas, a quieter shift is taking place in India’s footwear landscape.

see more..
SVF, In Association With Namanraj Productions Pvt  Ltd & Siddharth Randeria Production LLP, Unveils the First Glimpse of Jai Kanhaiyalall Ki Film

SVF, In Association With Namanraj Productions Pvt Ltd & Siddharth Randeria Production LLP, Unveils the First Glimpse of Jai Kanhaiyalall Ki Film

15 Dec 2025 | 5:03 PM

Ahmedabad (Gujarat) [India], December 9: After announcing its foray into Gujarati cinema, SVF Entertainment has now dropped the teaser of its debut Gujarati film Jai Kanhaiyalall Ki, setting the stage for a warm, humorous and culturally rooted family entertainer.

see more..