Building High End / Premium Flats in Prayagraj- Allahabad
Please click ;-
https://sherwaniind.ssls1.com/
It appears that a Real Estate company cannot include in its accounts the profit made from a sale of flt etc till a Conveyance / Registration Deed is registered -PLEASE RECHECK this point
Turnover / profits of the company can jump if more Registrations are done
Other Highlights
Very low Debt / Equity Ratio
High Promoters' Holding
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In 2023-2024. EPS was Rs 115 - Page 55 Annual Report 2024-2025
In 2023-2024 Dividend was 200% Rs 20/ share -Page 71 Annual Report 2024-2025
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Share Capital around Rs 2 cr 59 lakh Share Rs 10 paid
Reserves Rs 127 cr 38 lakh
Book Value Rs 491 / share
CMP Around Rs 325 / share
Source
Annual Report 2024-2025
https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9592b7b-988d-4039-a3ad-737f1e74c6b7.pdf
Also setting up a 100 bed Hospital and a Holiday Resort
Page 23- Annual Report 2024-2025
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Shervani Hotels- Star Hotels P Ltd
https://www.shervanihotels.com/nehru-place-new-delhi/
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Blog Comments
Please consult an Investment Expert Before Taking any Investment Decision
General Warning : Investment in Shares Can be Injurious to Your Wealth
All facts stated in good faith. Please
recheck all points before taking any investment decision ( No
responsibility with the writer or blog )
CAUTION : The writer has in his / family
members' names holding in this Company. So make adequate " provisions "
for any over optimism
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old post
HISTORY
Established in 1948 , at Allahabad , by
the deeply patriotic and enterprising Shervani family , GEEP ( Great
Eastern Electro Plating ) sought to contribute to independent India's
self reliance in electroplating industry. Electroplating technology was
used by it for manufacturing torches ( famous Geep brand ).In due
course it began to produce batteries. In the post globalization scenario
, Geep sold out its traditional torch / battery business to
Multinational- Gillette.
After closing down its battery / torches
manufacturing facility at Allahabad , Shervani Industrial Syndicate
Ltd. is , currently , in the process of selling machinery . It proposes
to develop its very substantial and highly valuable land for REAL ESTATE
projects.
To the best of our knowledge ( which
please recheck ) the extent of land bank of Shervani Industrial
Syndicate Limited in the posh Suleman Serai area of Allahabad is between
30 to 35 acres.
Shervani Industrial Syndicate is cash
rich . Its sticky investment in Shervani Sugar Syndicate Ltd. have been
provided for. There may be some gains by way of recovery of amounts
earlier provided for in the Books of Account here as sugar prospects had
improved substantially .
Tara Snacks And Foods Ltd. ( now renamed Farco Foods Limited) , a loss making entity ,is its subsidiary.
Another associate Company Shervani
Hospitalities Ltd ( of which Shervani Industrial holds shares ) which
has hotels in Nainital, New Delhi etc ( Nehru Place Hotel opening
shortly )should be doing well as Hotel prospects have improved greatly.


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