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 ₹ 113 Cr.
- Current Price ₹ 45.6
- High / Low ₹ 66.0 / 34.0
- Stock P/E 16.2
- 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 74.3 days to 46.5 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
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: | 75% |
| 3 Years: | 119% |
| 1 Year: | 8% |
| 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 | 259.96 | 150.87 | 107.75 | 68.64 | 46.54 |
| ROCE % | 10.48% | 19.00% | 53.98% | 46.63% |
Documents
Announcements
- Unaudited Standalone And Consolidated Financial Results For The Half Year Ended 30.09.2025. 1d
-
Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On November 14Th, 2025
1d - 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.
-
Announcement under Regulation 30 (LODR)-Conversion of Securities
29 Oct - Allotment of 65,000 shares to promoter Anil Mehta on conversion of warrants at Rs.207 each on Oct 29, 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