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 ₹ 149 Cr.
- Current Price ₹ 60.2
- High / Low ₹ 62.8 / 0.00
- Stock P/E 21.4
- Book Value ₹ 9.68
- Dividend Yield 0.03 %
- ROCE 46.6 %
- ROE 41.7 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.2%
- Company's working capital requirements have reduced from 95.4 days to 72.1 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
6.88 | 12.75 | 21.07 | 54.13 | 81.57 | |
6.64 | 12.24 | 19.80 | 48.85 | 72.13 | |
Operating Profit | 0.24 | 0.51 | 1.27 | 5.28 | 9.44 |
OPM % | 3.49% | 4.00% | 6.03% | 9.75% | 11.57% |
0.05 | 0.12 | 0.13 | 0.06 | 0.07 | |
Interest | 0.02 | 0.07 | 0.07 | 0.05 | 0.14 |
Depreciation | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 |
Profit before tax | 0.26 | 0.55 | 1.31 | 5.27 | 9.34 |
Tax % | 11.54% | 25.45% | 25.19% | 25.24% | 25.16% |
0.23 | 0.41 | 0.97 | 3.94 | 6.99 | |
EPS in Rs | 0.10 | 0.18 | 0.39 | 1.75 | 2.90 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.54% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 86% |
TTM: | 51% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 159% |
TTM: | 79% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 120% |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 38% |
Last Year: | 42% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 1.40 | 1.40 | 1.40 | 1.40 | 1.50 |
Reserves | 3.60 | 4.00 | 4.88 | 8.79 | 21.82 |
0.71 | 0.71 | 2.03 | 0.98 | 5.90 | |
0.41 | 1.29 | 4.16 | 14.40 | 29.37 | |
Total Liabilities | 6.12 | 7.40 | 12.47 | 25.57 | 58.59 |
0.04 | 0.19 | 0.18 | 0.20 | 0.22 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
6.08 | 7.21 | 12.29 | 25.37 | 58.37 | |
Total Assets | 6.12 | 7.40 | 12.47 | 25.57 | 58.59 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
-2.24 | 0.27 | -1.19 | 1.08 | 1.92 | |
0.00 | -0.17 | -0.02 | -0.03 | -0.05 | |
2.24 | -0.06 | 1.24 | -1.08 | 11.04 | |
Net Cash Flow | 0.00 | 0.05 | 0.04 | -0.03 | 12.91 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 279.06 | 172.62 | 178.78 | 118.41 | 119.12 |
Inventory Days | 21.57 | 13.30 | 25.08 | 53.32 | 64.53 |
Days Payable | 15.16 | 32.29 | 73.24 | 100.19 | 139.50 |
Cash Conversion Cycle | 285.47 | 153.63 | 130.62 | 71.54 | 44.14 |
Working Capital Days | 297.62 | 166.33 | 139.97 | 74.11 | 72.13 |
ROCE % | 10.48% | 19.00% | 53.98% | 46.63% |
Documents
Announcements
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Intimation Of Record Date And Deemed Date Of Allotment For The Purpose Of Allotment Of Fully Paid-Up Bonus Equity Shares Under Regulation 42 Of The SEBI (LODR) Regulations, 2015
21 Jul - Bonus shares issued 7:1 ratio; record date July 25, 2025; allotment July 28, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Jul - Compliance Certificate received from Cameo Corporate Services Limited, RTA for the Quarter ended 30.06.2025 pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, …
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
12 Jul - Appointed secretarial and statutory auditors for FY 2025-26 to FY 2029-30 for Shine Fashions.
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Announcement under Regulation 30 (LODR)-Change in Management
12 Jul - Re-appointment of 2 independent directors, appointment of 1 new independent director, CFO appointed Whole Time Director for 5 years.
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
12 Jul - Authorized share capital increased from Rs. 5 crore to Rs. 13.5 crore with MOA amended accordingly.
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