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 ₹ 101 Cr.
- Current Price ₹ 40.5
- High / Low ₹ 66.0 / 34.0
- Stock P/E 11.4
- Book Value ₹ 11.9
- Dividend Yield 0.04 %
- 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: -3.33%
- 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 7.91 | 6.88 | 12.08 | 19.94 | 52.89 | 80.45 | 89.91 | |
| 7.49 | 6.64 | 11.59 | 18.93 | 47.68 | 71.04 | 77.15 | |
| Operating Profit | 0.42 | 0.24 | 0.49 | 1.01 | 5.21 | 9.41 | 12.76 |
| OPM % | 5.31% | 3.49% | 4.06% | 5.07% | 9.85% | 11.70% | 14.19% |
| 0.05 | 0.05 | 0.12 | 0.13 | 0.04 | 0.07 | 0.11 | |
| Interest | -0.00 | 0.02 | 0.07 | 0.07 | 0.05 | 0.14 | 1.02 |
| Depreciation | -0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Profit before tax | 0.47 | 0.26 | 0.53 | 1.06 | 5.19 | 9.32 | 11.83 |
| 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 | 8.85 | |
| EPS in Rs | 0.21 | 0.10 | 0.17 | 0.35 | 1.73 | 2.89 | 3.61 |
| 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: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 83% |
| 3 Years: | 161% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 71% |
| 3 Years: | 110% |
| 1 Year: | -6% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.40 | 1.40 | 1.40 | 1.40 | 1.50 | 12.40 |
| Reserves | 2.33 | 3.60 | 4.00 | 4.79 | 8.67 | 21.69 | 17.18 |
| -0.00 | 0.71 | 0.54 | 1.86 | 0.81 | 5.72 | 8.00 | |
| 0.92 | 0.41 | 1.07 | 3.86 | 16.46 | 28.85 | 30.36 | |
| Total Liabilities | 4.25 | 6.12 | 7.01 | 11.91 | 27.34 | 57.76 | 67.94 |
| 0.04 | 0.04 | 0.03 | 0.02 | 0.06 | 0.06 | 0.06 | |
| CWIP | -0.00 | -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 | 0.01 |
| 4.21 | 6.08 | 6.97 | 11.88 | 27.27 | 57.69 | 67.87 | |
| Total Assets | 4.25 | 6.12 | 7.01 | 11.91 | 27.34 | 57.76 | 67.94 |
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
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15h - H1FY26 revenue ₹43.83cr, EBITDA ₹7.02cr, PAT ₹5.03cr; PAT +53% YoY
- Unaudited Standalone And Consolidated Financial Results For The Half Year Ended 30.09.2025. 14 Nov
-
Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On November 14Th, 2025
14 Nov - Board approved unaudited standalone and consolidated H1 results ended 30 Sep 2025; PBT ~Rs 67.0m.
-
Board Meeting Intimation for The Meeting Of The Board Of The Company Will Be Held On Friday, November 14Th, 2025 At 11:00 A.M.
8 Nov - Board meeting Nov 14, 2025 to approve standalone and consolidated H1 results ended Sep 30, 2025.
-
Announcement under Regulation 30 (LODR)-Allotment
29 Oct - Allotment of 65,000 shares at Rs.207 each (Rs13.455mn) on warrant conversion, 29-Oct-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