Shine Fashions (India) Ltd
Incorporated in 2019, Shine Fashions Ltd is in the business of import and trading of various types of fabrics and textile raw materials[1]
- Market Cap ₹ 121 Cr.
- Current Price ₹ 49.0
- High / Low ₹ 66.0 / 34.0
- Stock P/E 17.4
- Book Value ₹ 9.62
- Dividend Yield 0.03 %
- ROCE 47.6 %
- ROE 41.9 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 83.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.1%
- Company's working capital requirements have reduced from 73.4 days to 45.4 days
Cons
- Promoter holding has decreased over last quarter: -2.94%
- Company might be capitalizing the interest cost
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 7.91 | 6.88 | 12.08 | 19.94 | 52.89 | 80.45 | |
| 7.49 | 6.64 | 11.59 | 18.93 | 47.68 | 71.04 | |
| Operating Profit | 0.42 | 0.24 | 0.49 | 1.01 | 5.21 | 9.41 |
| OPM % | 5.31% | 3.49% | 4.06% | 5.07% | 9.85% | 11.70% |
| 0.05 | 0.05 | 0.12 | 0.13 | 0.04 | 0.07 | |
| Interest | 0.00 | 0.02 | 0.07 | 0.07 | 0.05 | 0.14 |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Profit before tax | 0.47 | 0.26 | 0.53 | 1.06 | 5.19 | 9.32 |
| Tax % | 25.53% | 11.54% | 26.42% | 25.47% | 25.24% | 25.21% |
| 0.34 | 0.23 | 0.39 | 0.79 | 3.88 | 6.97 | |
| EPS in Rs | 0.21 | 0.10 | 0.17 | 0.35 | 1.73 | 2.89 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.54% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 88% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 83% |
| 3 Years: | 161% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 124% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 38% |
| Last Year: | 42% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.40 | 1.40 | 1.40 | 1.40 | 1.50 |
| Reserves | 2.33 | 3.60 | 4.00 | 4.79 | 8.67 | 21.69 |
| 0.00 | 0.71 | 0.54 | 1.86 | 0.81 | 5.72 | |
| 0.92 | 0.41 | 1.07 | 3.86 | 16.46 | 28.85 | |
| Total Liabilities | 4.25 | 6.12 | 7.01 | 11.91 | 27.34 | 57.76 |
| 0.04 | 0.04 | 0.03 | 0.02 | 0.06 | 0.06 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| 4.21 | 6.08 | 6.97 | 11.88 | 27.27 | 57.69 | |
| Total Assets | 4.25 | 6.12 | 7.01 | 11.91 | 27.34 | 57.76 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.00 | -2.24 | 0.41 | -1.17 | 1.03 | 1.91 | |
| 0.03 | 0.00 | -0.18 | -0.01 | -0.03 | -0.02 | |
| 0.01 | 2.24 | -0.23 | 1.24 | -1.08 | 11.04 | |
| Net Cash Flow | 0.04 | 0.00 | 0.00 | 0.07 | -0.09 | 12.92 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 154.58 | 279.06 | 176.46 | 188.54 | 121.05 | 120.46 |
| Inventory Days | 20.50 | 21.57 | 12.57 | 18.80 | 51.67 | 62.84 |
| Days Payable | 31.50 | 15.16 | 27.47 | 76.50 | 121.35 | 140.98 |
| Cash Conversion Cycle | 143.58 | 285.47 | 161.57 | 130.84 | 51.37 | 42.31 |
| Working Capital Days | 150.43 | 259.96 | 154.70 | 107.27 | 67.63 | 45.42 |
| ROCE % | 6.19% | 10.30% | 16.15% | 55.36% | 47.55% |
Documents
Announcements
-
Board Meeting Intimation for 1. Consider And Approve The Allotment Of Equity Shares Pursuant To Conversion Of Warrants To The Persons Who Have Exercised Their Right Of Conversion.
2. To Take Any Other Business With The Permission Of The Chair
5m - Board meeting on Oct 29, 2025 at 11:00 AM to approve equity allotment from warrant conversions.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Certificate under Regulation 74(5) for quarter ended Sep 30, 2025 filed by RTA.
-
Closure of Trading Window
25 Sep - Trading window closed 1 Oct 2025 until 48 hours after unaudited H1 results for period ended 30 Sep 2025.
-
Corporate Action-Board recommends Bonus Issue
28 Jul - Board approved 7:1 bonus shares; paid-up capital rose to Rs. 12.40 crore; record date 25.07.2025.
-
Announcement under Regulation 30 (LODR)-Allotment
28 Jul - Allotment of 7:1 bonus shares increasing paid-up capital to Rs.12.40 crore as of July 25, 2025.
Business Overview:[1][2]
Company does importing, supplying and trading of non-interlinking fabrics, woven fusible interlinings, microdot fusible interlinings. Company took over the business of proprietorship firm AM Fabrics on 30th September, 2019