Shera Energy Limited · NSE:SHERA
Shera Energy — H1 FY2027 Earnings Presentation
46 slides from Shera Energy's earnings presentation, Nov 2, 2026
Slide 1: Cover letter to NSE: General Updates for Investors Presentation
SYMBOL: SHERA Date: 02nd November, 2026 ISIN: INE0MM001019 To, The Manager-Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, NSE Building, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 Fax: 022-26598237, 022-26598238 Subject: General Updates for Investors Presen
Slide 2: Building India's most integrated non-ferrous metals value chain
building India’s MOST integrated non-ferrous metals value chain H1FY27 Investor Presentation
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (“The Presentation”), which have been prepared by Shera Energy Limited. (“The Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any whatsoever shall not form th
Slide 4: Table of Contents
01 02 Company Overview & H1 FY27 Updates Investment Thesis 03 04 Business Overview: Industry Outlook Products, Business Segments & Clients 05 06 Shera Group Structure Annexures TABLE OF CONTENTS
Slide 5: Company Overview and Investment Thesis
Company Overview And Investment Thesis
Slide 6: Shera Energy – At a Glance
Shera Energy – At a Glance An integrated non-ferrous metals platform manufacturing precision winding wires, conductors and value-added copper, aluminium and brass products for power, renewables, mobility and industrial customers ₹1047.4 Cr H1FY27 ₹30.8 Cr H1FY27 5 Manufacturing ACUITE A- / Stable 15
Slide 7: 23+ years of operating legacy
23+ years of operating legacy Integrated operations: *Value Added Recycling Melting & Casting Drawing & Enameling Conductors Core Offerings: One of few Indian players PICC & Enamel Winding Wires | Busbars & Strips | operating across multiple base metals Rods, Wires & Tubes | Nickel Alloys, CTC Coppe
Slide 8: From Winding Wires to Building an Integrated Non-ferrous Value Chain
From Winding Wires TO Building AN Integrated Non-ferrous Value Chain FOUNDATION 2003-2009 VALIDATION & EXPORTS 2015 – 2020 STRATEGIC EXPANSION 2025-Sept’26 • Started as Shera Metals & Engineers, a • Investment by emerging growth fund • Increased stake in Shera Metal Private Ltd to 85.55% proprietors
Slide 9: Vision FY30
Vision FY30 Building an integrated non-ferrous metals platform 25-30% revenue CAGR driven by exports & value-added products Migration to the NSE Main Board - eligibility criteria met; formalities underway Integrated value chain: cathode → billet → rod → wire → conductor Rising share of value-added p
Slide 10: Our Presence in the Value Chain
Our Presence in the Value Chain RAW MATERIAL SOURCING MANUFACTURING & DISTRIBUTION & LOGISTICS END-USER INDUSTRIES PROCESSING Power, Distribution & Procured: Copper, aluminium and Core processing: melting · casting · Pan-India dispatch network Transmission: transformers, brass rod and scraps from do
Slide 11: Strategic Priorities
Strategic Priorities Shera aims to become a globally integrated non-ferrous metals platform encompassing across the value chain from raw metal to precision-engineered electrical conductors Priority What It Means Status Secure the Own copper cathode production; Zambia copper cathode facility under de
Slide 12: Why Shera?
Why Shera? Multi-metal platform — copper, aluminium and brass vs most peers running copper-only Metals offered or copper+aluminium; lets Shera switch production mix toward whichever metal is cost- favorable In-house via subsidiary Rajputana Industries (18,100 MTPA capacity) — captive scrap-to- Recyc
Slide 13: Our Financial Strength
Our Financial Strength Revenue EBITDA 1,640.05 PAT 37.14 94.21 1277.30 22.13 875.10 60.48 54.76 696.39 39.98 14.05 9.11 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 EPS Fixed Asset Turnover Ratio ROE (in %) 12.03 11.90 11.30 19.08 9.31 14.76 7.80 8.12 13.14 10.22 5.21 3.73 FY23 FY24 F
Slide 14: Backward Integration: Owning Shera's Largest Input Cost
Backward Integration: Owning Shera's Largest Input Cost The Value Chain: Copper Copper Transformer/ Copper Mine Copper Rod Copper Wire Power Utilities Concentrate Cathode Motor Maker Shera enters HERE post-Zambia Shera has always operated HERE The Process Today Shera enters the chain at Rod → Wire C
Slide 15: The Process After Shera Zambia
The Process After Shera Zambia Shera enters the chain at Cathode - directly at the source, via Zambian ore access Cathode is a self-produced internal cost insulating against price sensitivity Same input becomes a captive, margin-accretive asset Backward integration lifts margins strongly WHY THIS IS
Slide 16: Shera Zambia Limited: The Game Changer
Shera Zambia Limited: The Game Changer SHERA ENERGY STAKE INTENDED PRODUCT JUNE 2025 STATUS CAPACITY Entered into profit sharing 99.50% in Zambia Copper Cathode with existing owners of a Pre-commercial, 1,200 MT/yr Phase 1 (Copperbelt Province) (99.99% purity) previously Pilot stage capacity; propos
Slide 17: Shera's Alignment to Industry Tailwinds
Shera's Alignment To Industry Tailwinds Industry Tailwinds Shera’s Positioning India imports 90%+ of copper concentrate today, Upcoming copper cathode facility in Zambia (Shera projected to hit 91–97% by 2047; domestic demand to Zambia, 99.5% owned) with Phase 1 at 1,200 MT with reach 3–3.3 MT by 20
Slide 18: H1FY27 Updates
H1FY27 Updates
Slide 19: H1 FY27 Financial Snapshot
H1 FY27 Financial Snapshot In Cr. All figures are consolidated Particulars H1FY27 H1FY26 YoY% h2fy26 Revenue from Operations 1047.40 780.65 34.2% 859.40 EBITDA 70.78 41.40 70.9% 52.81 EBITDA Margin 6.76% 5.30% 146 bps 6.14% Profit Before Tax 41.85 21.12 98.2% 29.53 Profit After Tax 30.77 15.21 102.3
Slide 20: Financial Highlights
Financial Highlights H1FY27 consolidated turnover crosses ₹1,000 Cr, the first time in the Group’s history, marking Shera’s strongest- ever half-year H1FY27 revenue rose 34% YoY to ₹1,047.40 Cr; EBITDA stood at ₹70.78 Cr with a 6.76% margin, while PAT more than doubled to ₹30.77 Cr at a 2.94% margin
Slide 21: Strategic Updates
Strategic Updates Zambia copper cathode facility: Shera Zambia Limited (99.50% subsidiary) has produced and sold its first trial batch of 8.6 MT of 99.99% pure copper cathode. Phase 1 (1,200 MTPA) is in pilot stage. The commercial operations are expected to commence by Q4FY27 Value-added products: T
Slide 22: From the Chairman's desk
From the Chairman’s desk "H1FY27 marks a landmark first half in Shera’s journey. We delivered the highest half yearly revenue in our history at ₹ 1047.4 crore on a consolidated basis, up 34.2% YoY. EBITDA stood at ₹ 70.78 crore and PAT at ₹ 30.77 crore. Crossing ₹1,000 crore within six months is a f
Slide 23: Business Overview: Products, Business Segments and Clients
Business Overview: Products, Business Segments & Clients
Slide 24: Product Portfolio - Copper
Product Portfolio - Copper Product Image Product End-Use Industry End-Use Application Enameled Round & Power · Industrials · Home Distribution transformers, electric motors, Rectangular Winding Wires Appliances · EV alternators, pumps, fans, compressors Paper-Covered Round & Power · Renewables Power
Slide 25: Product Portfolio - Aluminium
Product Portfolio - Aluminium Product Image Product End-Use Industry End-Use Application Enameled Round & Power · Home Appliances · Distribution transformers, motors, appliance Industrials windings where weight/cost favours aluminium Rectangular Winding Wires Paper-Covered Round & Distribution trans
Slide 26: Product Portfolio - Brass & Nickel
Product Portfolio - Brass & Nickel Product Image Product End-Use Industry End-Use Application Industrials · Auto · LPG valve manufacturing, forgings, fittings, machined Brass Rods components Sanitaryware Fasteners, springs, decorative and engineering Brass Wires Industrials · Consumer applications P
Slide 27: Product Portfolio - New Value Added Products
Product Portfolio - New Value Added Products Product Image Product End-Use Industry End-Use Application Nickel Alloy • Global market: ~US$16-17bn (2025/26) → ~US$27-33bn by Aerospace, chemical, 2035 (~5-5.7% CAGR) Thin domestic supply + rising Industrials · petrochemical & turbine • Aerospace = ~35%
Slide 28: Marquee clients & Key Industries Catered
Marquee clients & Key Industries Catered Industries Catered to: Cables & APPLIANCES & Electrical Panels Power Transmission Renewable Transformers Conductors Automobiles & Switchgear & Distribution Energy / Solar (Industrials) Key Clientele 22
Slide 29: Manufacturing Footprint & Capacity Utilisation
Manufacturing Footprint & Capacity Utilisation Capacity & Utilisation - Consolidated 46,750 46,750 Locations: 36,880 74% 78% VKI Area (Jaipur) | Kaladera, Chomu 34,730 61% 64% 36,466 (Jaipur) | Reengus, Rajasthan | 34,433 Kitwe, Zambia 23,641 21,271 FY23 FY24 FY25 FY26 Installed Capacity (MT) Actual
Slide 30: Industry Outlook
INDUSTRY OUTLOOK eniily
Slide 31: Overall Industry: Non-Ferrous Metals & Winding Wire
Overall Industry: Non-Ferrous Metals & Winding Wire Global non-ferrous metals market: India non-ferrous metals market: Policy tailwinds: US$1,233.6 Bn (2025) → US$1,779.4 US$38.7 Bn (2024) → US$61.2 Bn ₹16,300–34,300 Cr National Critical Mineral Bn (2034), 4% CAGR. (2033), 5.23% CAGR, outpacing Miss
Slide 32: India's Electrification Super-Cycle: The Demand Backdrop
India's Electrification Super-Cycle: The Demand Backdrop Power capacity: 520 GW (Jan’26); record • Power capex: ₹9.15 lakh Cr planned under • Distribution upgrade: ₹3.03 lakh Cr Domestic appliances growth: India's per- 52.5 GW added in FY26, ~75% renewable. the National Electricity Plan (2023–32). R
Slide 33: Demand Drivers Across Copper, Aluminium & Brass Value Chains
Demand Drivers Across Copper, Aluminium & Brass Value Chains Indian Copper Demand (in MT) Indian Aluminium Demand (in MT) Indian Brass Market Size (in USD) 711.81 8.9 30 526.68 3.2 9 1.8 5.3 FY26 FY30 FY47 FY26 FY30 FY47 FY23 FY30 • Copper demand: Driven by EVs, renewables • Aluminium demand: Driven
Slide 34: Shera Group Structure
Shera Group Structure
Slide 35: Diversifying Growth Through Backward & Forward Integration
Diversifying Growth Through Backward & Forward Integration RAJPUTANA INDUSTRIES LIMITED METALS PRIVATE LTD ZAMBIA LTD 51.01% STAKE 85.55% STAKE 99.5% STAKE Recycles non-ferrous metal scrap into copper, Manufactures busbars, rounds, flats & tubes in Entered into profit sharing with existing aluminium
Slide 36: Rajputana Industries Limited
Rajputana Industries Limited Non-ferrous metals recycling - backward integration, second listed vehicle SHERA ENERGY STAKE LISTING BUSINESS INSTALLED CAPACITY STATUS Non-ferrous metals 18,100 MTPA - Recycling; 51.01% NSE Emerge, Aug 2024 Operating recycling 36000 kms Electrical cables WHAT IT DOES N
Slide 37: Shera Metal Private Limited
Shera Metal Private Limited Copper busbars, brass rods & wires, tubes, conductors - the group's forward-integration engine SHERA ENERGY STAKE INSTALLED CAPACITY PRODUCTS STATUS Busbars, brass tubes, ~13,000 MTPA Operational 85.55% (FY26) conductors An integrated subsidiary manufacturing value-added
Slide 38: Annexures
ANNEXURES ‘i ev
Slide 39: Historical P&L
Historical P&L In Cr. All figures are consolidated Particulars FY23 FY24 FY25 FY26 Revenues 696.39 875.10 1277.30 1,640.05 Other Income 1.35 1.21 1.75 6.68 Total Income 697.75 876.32 1279.05 1,646.73 Raw Material Cost 626.41 783.51 1168.18 1,475.94 Employee Cost 10.12 12.38 16.84 24.41 Other Expense
Slide 40: Balance Sheet as on 30 September 2026
Balance Sheet AS ON 30 SEPTEMBER 2026 In Cr. All figures are consolidated Particulars FY24 FY25 FY26 H1FY27 Particulars FY24 FY25 FY26 H1FY27 Equity 22.79 24.44 24.44 24.44 Non Current Assets Reserves 84.13 128.97 169.35 207.38 Minority Interest 20.74 46.81 54.39 60.62 Fixed assets 94.04 120.28 171.
Slide 41: Key Financial Ratios
Key Financial Ratios Interest Coverage Ratio Current Ratio Debt to Equity 2.37 1.37 2.24 1.35 1.26 1.21 1.12 1.56 1.62 1.31 1.31 1.31 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Margins WCap Days 6.23% 73 69 5.73% 5.72% 62 61 57 4.73% 53 43 47 38 39 47 43 2.26% 1.61% 1.73% 1.31% FY23
Slide 42: Certifications
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Slide 43: Events, Awards & Media
Events, Awards & Media Fan Tech Expo Global commodity conclave 34
Slide 44: Management Team
Management Team Sheikh NASEEM Shivani Sheikh Arpit Kumar Dotasra Sahil Sheikh Chairman & Managing Whole-Time Director Independent Director President & COO Director Kuldeep Kumar Gupta Anil Kumar Rander VEKAS KUMAR GARG Sumit Singh Independent Director Non-Executive Independent Director Non-Independe
Slide 45: Conference Call Detail
CONFERENCE CALL DETAIL Is pleased to invite you to their Earnings Concall to Dial in Numbers: discuss the Q2 & H1FY27 results Universal Dial-In Number +91 22 6280 1511 +91 22 7115 8849 on Tuesday, 3rd November 2026 at 3:30 PM IST with Pre-register to avoid wait time, Mr. Sheikh Naseem – Chairman & M
Slide 46: Thank you
Company Contact: Isha Sheikh Shera Energy Limited [email protected] Investor Relations Contact: Janhavi Kankriya Branding Edge [email protected] M:+91 80803 08633 Thank you H1FY27 Investor Presentation