Minaxi Textiles Ltd

₹ 1.34 -4.29%

21 Aug - 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.

Website BSE

Market Cap ₹ 6.62 Cr.
Current Price ₹ 1.34
High / Low ₹ 2.00 / 1.19
Stock P/E 132
Book Value ₹ 0.85
Dividend Yield 0.00 %
ROCE 21.6 %
ROE 54.9 %
Face Value ₹ 1.00

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Pros

Cons

Company has low interest coverage ratio.
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.
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

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Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	9.65	8.26	7.56	8.81	8.97	7.81	5.92	6.19	5.37	7.04	4.51	6.21	5.89
	9.17	8.03	9.35	10.56	9.60	7.68	5.99	4.77	5.55	6.79	4.49	5.39	5.38
Operating Profit	0.48	0.23	-1.79	-1.75	-0.63	0.13	-0.07	1.42	-0.18	0.25	0.02	0.82	0.51
OPM %	4.97%	2.78%	-23.68%	-19.86%	-7.02%	1.66%	-1.18%	22.94%	-3.35%	3.55%	0.44%	13.20%	8.66%
	0.83	-0.01	0.00	0.02	0.01	0.55	0.00	0.01	3.03	0.01	0.00	0.02	0.02
Interest	0.32	0.30	0.41	0.24	0.43	0.41	0.40	0.40	0.30	0.35	0.24	0.23	0.28
Depreciation	0.15	0.15	0.15	0.12	0.15	0.13	0.13	0.07	0.10	0.10	0.10	0.10	0.11
Profit before tax	0.84	-0.23	-2.35	-2.09	-1.20	0.14	-0.60	0.96	2.45	-0.19	-0.32	0.51	0.14
Tax %	23.81%	43.48%	-25.11%	-21.05%	-19.17%	-14.29%	-25.00%	25.00%	25.31%	-15.79%	-21.88%	27.45%	21.43%
	0.63	-0.33	-1.76	-1.65	-0.96	0.16	-0.45	0.71	1.83	-0.17	-0.25	0.37	0.10
EPS in Rs	0.13	-0.07	-0.36	-0.33	-0.19	0.03	-0.09	0.14	0.37	-0.03	-0.05	0.07	0.02
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	TTM
	54.48	54.17	55.93	54.73	44.38	16.72	14.80	31.06	29.21	34.29	28.88	23.14	23.65
	47.97	47.83	49.70	48.35	39.31	13.72	13.68	30.31	34.77	37.12	28.03	22.22	22.05
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	1.60
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%	6.77%
	0.43	0.75	0.56	0.17	0.10	-0.13	0.03	0.04	0.04	0.84	0.57	3.06	0.05
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	1.10
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	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	0.14
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	0.05
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	0.01
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:	-6%

Compounded Profit Growth
10 Years:	5%
5 Years:	26%
3 Years:	32%
TTM:	-98%

Stock Price CAGR
10 Years:	-3%
5 Years:	6%
3 Years:	-4%
1 Year:	-29%

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 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Number of Picanol Weaving Machines
machines

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	xx	xx	xx	xx	xx	xx	xx	xx	xx	xx
xx	xx		xx	xx		xx		xx
x,xxx,xxx	x,xxx,xxx	x,xxx,xxx
x,xxx,xxx	x,xxx,xxx	x,xxx,xxx

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Permanent Employees on Rolls
employees

Installed Production Capacity (Grey Cloth)
lakh meters per annum

Production Volume of Finished Goods (Grey Cloth)
meters

Sales Volume of Finished Goods (Grey Cloth)
meters

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

5 Recently

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	37.98%	38.13%	38.34%	38.59%	38.61%	38.77%	38.77%	38.77%	38.77%	38.77%	38.77%	38.80%
	62.02%	61.87%	61.66%	61.42%	61.40%	61.22%	61.22%	61.22%	61.22%	61.22%	61.23%	61.21%
No. of Shareholders	16,618	16,352	18,471	18,547	18,325	18,426	18,486	18,338	18,171	18,069	17,945	17,820

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Jun 2026
	37.52%	37.53%	37.53%	37.33%	37.44%	37.67%	37.85%	38.34%	38.77%	38.77%	38.80%
	62.48%	62.47%	62.47%	62.67%	62.56%	62.33%	62.16%	61.66%	61.22%	61.23%	61.21%
No. of Shareholders	4,277	4,199	4,132	4,107	4,191	18,241	17,400	18,471	18,486	17,945	17,820

Minaxi Textiles Ltd

Minaxi Textiles Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

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