2 weeks ago
Shera Energy targets 25-30 percent revenue growth with capacity expansion
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.
Shera Energy plans capacity expansion and a foray into new value-added products for the power and renewable energy sectors.
The Jaipur-based, NSE-listed company is targeting 25-30 per cent revenue growth in the current financial year.
Shera Energy, which is also into recycling, began operations in 2003 with aluminium winding wires.
The company had annual revenues of around Rs 20 crore during its early years.
In FY26, Shera Energy reported annual turnover of Rs 1,640 crore.
- Who
- Shera Energy, a Jaipur-based NSE-listed company, and its managing director Naseem Sheikh.
- What
- The company plans capacity expansion and new value-added products, targeting 25-30 per cent revenue growth.
- Where
- New Delhi (where the announcement was reported) and Jaipur, where the company is based.
- When
- The current financial year, following FY26 turnover of Rs 1,640 crore.
- Why
- To cater to the power and renewable energy sectors and support continued growth.
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










