Minaxi Textiles Ltd

Minaxi Textiles Ltd

₹ 1.53 2.00%
08 May - close price
About

Incorporated in 1995, Minaxi Textiles Ltd is in the business of textile manufacturing[1]

Key Points

Business Overview:[1]
MTL is engaged in weaving and manufacturing
of cotton and cotton mixture fabrics. It is also involved in the weaving of grey cloth for suiting
and shirting. The company specializes in suiting products, focusing on high-quality, fancy suiting fabrics.

  • Market Cap 7.56 Cr.
  • Current Price 1.53
  • High / Low 2.20 / 1.19
  • Stock P/E 4.22
  • Book Value 0.85
  • Dividend Yield 0.00 %
  • ROCE 21.6 %
  • ROE 54.9 %
  • Face Value 1.00

Pros

Cons

  • The company has delivered a poor sales growth of 9.35% over past five years.
  • Promoter holding is low: 38.8%
  • Company has a low return on equity of -23.6% over last 3 years.
  • Earnings include an other income of Rs.3.06 Cr.
  • Debtor days have increased from 40.6 to 54.0 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
6.86 9.65 8.26 7.56 8.81 8.97 7.81 5.92 6.19 5.37 7.04 4.51 6.21
9.01 9.17 8.03 9.35 10.56 9.60 7.68 5.99 4.77 5.55 6.79 4.49 5.39
Operating Profit -2.15 0.48 0.23 -1.79 -1.75 -0.63 0.13 -0.07 1.42 -0.18 0.25 0.02 0.82
OPM % -31.34% 4.97% 2.78% -23.68% -19.86% -7.02% 1.66% -1.18% 22.94% -3.35% 3.55% 0.44% 13.20%
-0.02 0.83 -0.01 0.00 0.02 0.01 0.55 0.00 0.01 3.03 0.01 0.00 0.02
Interest 0.57 0.32 0.30 0.41 0.24 0.43 0.41 0.40 0.40 0.30 0.35 0.24 0.23
Depreciation 0.15 0.15 0.15 0.15 0.12 0.15 0.13 0.13 0.07 0.10 0.10 0.10 0.10
Profit before tax -2.89 0.84 -0.23 -2.35 -2.09 -1.20 0.14 -0.60 0.96 2.45 -0.19 -0.32 0.51
Tax % -25.26% 23.81% 43.48% -25.11% -21.05% -19.17% -14.29% -25.00% 25.00% 25.31% -15.79% -21.88% 27.45%
-2.16 0.63 -0.33 -1.76 -1.65 -0.96 0.16 -0.45 0.71 1.83 -0.17 -0.25 0.37
EPS in Rs -0.44 0.13 -0.07 -0.36 -0.33 -0.19 0.03 -0.09 0.14 0.37 -0.03 -0.05 0.07
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
54.48 54.17 55.93 54.73 44.38 16.72 14.80 31.06 29.21 34.29 28.88 23.14
47.97 47.83 49.70 48.35 39.31 13.72 13.68 30.31 34.77 37.12 28.03 22.22
Operating Profit 6.51 6.34 6.23 6.38 5.07 3.00 1.12 0.75 -5.56 -2.83 0.85 0.92
OPM % 11.95% 11.70% 11.14% 11.66% 11.42% 17.94% 7.57% 2.41% -19.03% -8.25% 2.94% 3.98%
0.43 0.75 0.56 0.17 0.10 -0.13 0.03 0.04 0.04 0.84 0.57 3.06
Interest 2.87 2.84 2.63 3.07 3.13 2.19 2.44 2.22 2.17 1.27 1.64 1.12
Depreciation 1.89 1.89 1.90 1.90 1.88 0.67 0.64 0.63 0.62 0.58 0.47 0.41
Profit before tax 2.18 2.36 2.26 1.58 0.16 0.01 -1.93 -2.06 -8.31 -3.84 -0.69 2.45
Tax % 30.28% 34.75% 37.17% 56.33% 0.00% -1,000.00% -16.58% -22.82% -25.15% -19.01% -23.19% 26.94%
1.52 1.54 1.41 0.69 0.16 0.12 -1.60 -1.59 -6.21 -3.11 -0.53 1.79
EPS in Rs 0.31 0.31 0.29 0.14 0.03 0.02 -0.32 -0.32 -1.26 -0.63 -0.11 0.36
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -8%
5 Years: 9%
3 Years: -7%
TTM: -20%
Compounded Profit Growth
10 Years: 5%
5 Years: 26%
3 Years: 32%
TTM: 266%
Stock Price CAGR
10 Years: -3%
5 Years: 18%
3 Years: -3%
1 Year: -25%
Return on Equity
10 Years: -9%
5 Years: -32%
3 Years: -24%
Last Year: 55%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5.56 5.56 5.56 5.56 5.56 5.56 5.56 5.56 4.94 4.94 4.94 4.94
Reserves 5.91 7.45 8.81 9.52 9.73 9.82 8.20 6.63 0.98 -2.15 -2.62 -0.74
29.53 25.68 24.92 25.00 18.80 21.00 23.74 21.27 20.37 16.88 14.34 12.21
13.48 8.42 11.08 12.34 8.91 5.33 4.26 6.93 10.02 5.59 4.92 5.61
Total Liabilities 54.48 47.11 50.37 52.42 43.00 41.71 41.76 40.39 36.31 25.26 21.58 22.02
18.37 16.44 14.88 13.08 11.18 10.24 9.50 8.78 8.17 7.59 6.88 6.64
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
36.11 30.67 35.49 39.34 31.82 31.47 32.26 31.61 28.14 17.67 14.70 15.38
Total Assets 54.48 47.11 50.37 52.42 43.00 41.71 41.76 40.39 36.31 25.26 21.58 22.02

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2.30 6.62 3.16 3.14 9.17 -0.23 -0.41 4.68 2.93 4.74 3.40 0.33
-0.82 0.08 0.09 0.00 0.07 0.14 0.13 0.13 0.01 0.01 0.80 2.89
-1.44 -6.69 -3.40 -2.99 -9.33 0.00 0.30 -4.69 -3.07 -4.76 -4.18 -3.25
Net Cash Flow 0.04 0.02 -0.15 0.15 -0.10 -0.09 0.02 0.13 -0.13 -0.01 0.02 -0.03
Free Cash Flow 1.45 6.65 2.77 3.00 9.20 -0.13 -0.34 4.74 2.93 4.74 4.18 3.20
CFO/OP 39% 114% 65% 62% 190% -7% -36% 633% -53% -170% 400% 36%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 130.24 95.68 101.22 121.98 93.43 177.48 176.58 140.90 170.69 40.77 27.05 53.95
Inventory Days 116.57 108.89 125.34 172.37 258.58 785.02 736.00 225.55 116.63 101.26 121.52 144.02
Days Payable 101.99 58.68 76.55 97.84 101.35 149.60 113.35 87.58 113.30 55.05 65.79 100.22
Cash Conversion Cycle 144.82 145.89 150.01 196.51 250.66 812.90 799.23 278.87 174.02 86.98 82.77 97.75
Working Capital Days 0.67 6.67 12.60 33.01 51.81 234.46 266.35 168.05 88.47 9.05 -18.58 26.82
ROCE % 12.76% 11.54% 12.54% 11.72% 8.87% 6.73% 1.46% 0.56% -20.55% -11.18% 2.20% 21.59%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Employees
Persons

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Number of Weaving Machines
Units
Raw Material Consumption (Yarn)
Kg
Monthly Production Capacity
Meters per Month
Production Volume - Finished Goods (Grey Cloth)
Meters
Sales Volume - Finished Goods (Grey Cloth)
Meters

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
37.98% 37.98% 38.13% 38.34% 38.59% 38.61% 38.77% 38.77% 38.77% 38.77% 38.77% 38.77%
62.02% 62.02% 61.87% 61.66% 61.42% 61.40% 61.22% 61.22% 61.22% 61.22% 61.22% 61.23%
No. of Shareholders 16,98016,61816,35218,47118,54718,32518,42618,48618,33818,17118,06917,945

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