Minaxi Textiles Ltd
Incorporated in 1995, Minaxi Textiles Ltd is in the business of textile manufacturing[1]
- 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.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
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 |
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| Raw Material Consumption (Yarn) Kg |
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| Monthly Production Capacity Meters per Month |
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| Production Volume - Finished Goods (Grey Cloth) Meters |
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| Sales Volume - Finished Goods (Grey Cloth) Meters |
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Extracted by Screener AI
Documents
Announcements
- AUDITED FINANCIAL RESULTS AND STATUTORY AUDITOR'S REPORT FOR THE QUARTER ENDED 31/03/2026. 1d
- Board Meeting Outcome for OUTCOME OF BOARD MEETING ALONGWITH AUDITED FINANCIAL RESULTS AND STATUTORY AUDITOR'S REPORT FOR THE QUARTER ENDED 31/03/2026. 1d
- Closure of Trading Window 30 Apr
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Board Meeting Intimation for INTIMATION OF BOARD MEETING - TO TAKE NOTE OF AUDITED FINANCIAL RESULTS AS ON 31/03/2026 - REGULATION 29
30 Apr - Board meets on 8 May 2026 to approve audited standalone results for year ended 31 March 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Confirmation certificate received from M/s. Link Intime India Private Limited , Registrar and share Transfer Agent (RTA) as per regulations 74(5) of the SEBI (DP) …
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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.