2 weeks ago

Shera Energy targets 25-30 percent revenue growth with capacity expansion

Shera Energy targets 25-30 percent revenue growth with capacity expansion
Shera Energy plans capacity expansion · thehansindia.com

There is a company called Shera Energy that makes wires used for electricity.

It is based in Jaipur, India, and its shares are sold on a big stock market called the NSE.

The company wants to grow bigger this year.

It hopes to earn 25 to 30 percent more money than it did before.

To make that happen, it will build more capacity and make new products.

These new products will help the power and renewable energy sectors.

Renewable energy comes from sources like the sun and wind.

Shera Energy started in 2003 making aluminium winding wires.

Back then, it earned about 20 crore rupees a year.

Now, in FY26, it earned 1,640 crore rupees, which is a very big amount.

Key facts

Company
Shera Energy
Headquarters
Jaipur
Listing
NSE-listed
Target revenue growth
25-30 per cent
FY26 turnover
Rs 1,640 crore
Operations began
2003
Initial product
Aluminium winding wires
Managing Director
Naseem Sheikh

Quotes

Naseem Sheikh

Managing Director of Shera Energy

“Shera Energy is targeting 25-30 per cent revenue growth in the current financial year, supported by capacity expansion and foray into new value-added products to cater to the power and renewable energy sectors”
thehansindia.com

Sources

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