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Wednesday, 11 November 2026 NSE & BSE filings, as they land
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Partnership

Sheetal Universal Signs ₹0.17 Crore Marketing Tie-up With Witness The Fitness

Sheetal Universal Limited has formalised a collaboration agreement with Witness The Fitness Private Limited to execute a comprehensive marketing strategy. The partnership, valued at ₹0.17 Crore, focuses on enhancing brand presence within the fitness community through digital and physical channels.

Two women in sportswear using a laptop and smartphone against a brick wall, showcasing fitness and collaboration. Stock photo illustrating Sheetal Universal's partnership story.
Photo: Andrea Piacquadio / Pexels
Key numbers
Marketing Outlay ₹0.12 CrInclusive of GST
Market Cap ₹429.7 CrSmall Cap
Revenue Growth 62.87%Annual YoY
RSI 66.05Neutral Zone
Order fromWitness The Fitness Private Limited
Execution periodOne year
Deal value₹0.17 Cr
Share of market cap0.0%
Share of annual revenue0.1%

Key highlights

  • Binding collaboration agreement signed with Witness The Fitness Private Limited (WTF)
  • Total consideration includes a ₹12.39 Lakh marketing outlay and ₹5 Lakh in purchase orders
  • Tenure set for one year with a three-month pricing lock-in on products
  • Agreement includes 16 live event engagements and sample distribution across gym networks
  • Transaction is conducted on an arm’s length basis with no share exchange involved

What Is the Partnership?

Sheetal Universal Limited has entered into a binding collaboration agreement with Witness The Fitness Private Limited (WTF) for comprehensive marketing and collaboration services. The engagement, valued at approximately ₹17.39 Lakhs, includes a fixed marketing outlay of ₹12.39 Lakhs and rolling purchase orders worth ₹5 Lakhs. The agreement spans a one-year tenure, featuring a quarterly termination clause subject to 30-day notice and a three-month pricing lock-in for products.

This arrangement is structured as an arm's length commercial service contract with no special rights, management privileges, or board seats granted to the partner entity.

Partner Profile

Witness The Fitness Private Limited (WTF) is an independent third-party entity operating within the fitness and wellness industry. The company specialises in integrated marketing solutions, offering a hybrid model that combines digital content creation with physical brand activation. Their service suite encompasses high-quality video and photo editing, social media management, and on-ground presence through a network of gym locations.

WTF facilitates direct consumer engagement by hosting live events, distributing product samples, and managing display placements to gather structured feedback from the active fitness community for quality assurance purposes.

What It Unlocks

  • Digital expansion through professional event shoots and dedicated social media support
  • On-ground brand activation via 16 scheduled live event engagements
  • Direct consumer outreach through product sample distributions and displays across gym networks
  • Structured feedback collection mechanisms to drive product adoption and quality improvements
  • Enhanced brand visibility targeting the specific health and fitness demographic
  • Cost-effective marketing execution aligned with the company’s broader growth objectives

Business and Financial Context

Sheetal Universal Limited operates in the agricultural products sector, specifically focusing on food and beverages. The company has demonstrated robust financial performance, reporting annual revenue of ₹173.76 Crore and a net profit of ₹11.51 Crore, reflecting a 23.76% year-on-year growth. With a promoter holding of 65.32%, the firm maintains a stable ownership structure.

The current stock valuation shows a P/E TTM of 37.34 against a sector average of 28.97. This new marketing agreement aligns with its objective to scale consumer outreach following a year where the stock delivered 177.39% returns.

Sheetal Universal · share price, past month
Sheetal Universal · financial snapshot
Share price₹358.8
Market capitalisation₹429.70 Cr
Revenue (annual)₹173.76 Cr
Net profit (annual)₹11.51 Cr
P/E (TTM)37.34×Sector 28.97×
Promoter holding65.32%
FII holding0.85%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Sheetal Universal Limited announcing a binding collaboration agreement with Witness The Fitness Private Limited. Market figures from a third-party data provider.

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