Shine Fashions (India) Ltd
Incorporated in 2019, Shine Fashions
Ltd deals in interlining fabrics and textile
raw materials.[1]
- Market Cap ₹ 58.8 Cr.
- Current Price ₹ 21.9
- High / Low ₹ 51.4 / 16.8
- Stock P/E 6.99
- Book Value ₹ 11.8
- Dividend Yield 0.07 %
- ROCE 31.1 %
- ROE 30.6 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.8%
- Promoter holding has increased by 2.27% over last quarter.
Cons
- Company has high debtors of 174 days.
- Promoter holding has decreased over last 3 years: -4.00%
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 7 | 13 | 21 | 54 | 82 | 102 | |
| 7 | 12 | 20 | 49 | 72 | 90 | |
| Operating Profit | 0 | 1 | 1 | 5 | 9 | 12 |
| OPM % | 3.5% | 4.0% | 6% | 10% | 12% | 12% |
| 0 | 0 | 0 | 0 | 0 | -7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 1 | 5 | 9 | 4 |
| Tax % | 12% | 25% | 25% | 25% | 25% | 27% |
| 0 | 0 | 1 | 4 | 7 | 3 | |
| EPS in Rs | 0.10 | 0.18 | 0.39 | 1.75 | 2.90 | 1.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 1% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 71% |
| 3 Years: | 69% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 105% |
| 3 Years: | 112% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 43% |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 37% |
| Last Year: | 31% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 2 | 13 |
| Reserves | 4 | 4 | 5 | 9 | 22 | 18 |
| 1 | 1 | 2 | 1 | 6 | 20 | |
| 0 | 1 | 4 | 14 | 29 | 62 | |
| Total Liabilities | 6 | 7 | 12 | 26 | 59 | 114 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 6 | 7 | 12 | 25 | 58 | 114 | |
| Total Assets | 6 | 7 | 12 | 26 | 59 | 114 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -2 | 0 | -1 | 1 | 2 | -24 | |
| 0 | -0 | -0 | -0 | -0 | 0 | |
| 2 | -0 | 1 | -1 | 11 | 19 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 13 | -6 |
| Free Cash Flow | -2 | 0 | -1 | 1 | 2 | -24 |
| CFO/OP | -892% | 65% | -83% | 26% | 34% | -181% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 279 | 173 | 179 | 118 | 119 | 174 |
| Inventory Days | 22 | 13 | 25 | 53 | 65 | 123 |
| Days Payable | 15 | 32 | 73 | 100 | 140 | 229 |
| Cash Conversion Cycle | 285 | 154 | 131 | 72 | 44 | 68 |
| Working Capital Days | 260 | 151 | 108 | 69 | 47 | 86 |
| ROCE % | 10% | 19% | 54% | 47% | 31% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Job Work Expense on Textile Products INR Lakhs ・Standalone data |
|
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| Value of Imports on CIF basis INR Lakhs ・Standalone data |
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| Foreign Exchange Outgo (Actual Outflow) INR Lakhs ・Standalone data |
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| Number of Permanent Employees Count ・Standalone data |
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| Job Works Income INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement regarding the Notice of Seventh Annual General Meeting of the Company.
-
Reg. 34 (1) Annual Report.
- Shine Fashions filed FY26 annual report and AGM notice; reported bonus issue delays and director changes.
-
Notice Of Seventh Annual General Meeting Of The Company
- 7th AGM on 30 Sep 2026; approve FY26 accounts and reappoint Binal Anish Mehta.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- Seventh AGM on September 30, 2026; remote e-voting from September 27-29, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 04.09.2026
- Board approved FY26 reports, AGM on September 30, 2026, and e-voting from September 27-29, 2026.
Business Overview:[1]
SFL is an ISO 9001, ISO 14001, ISO
15001, OHSAS 18001, EMAS, REACH,
Oeko-Tex manufacturer of comprehensive
range of interlining solutions, such as waterjet interlinings for women's wear, non-texturized
and waistband interlinings for menswear,
stable and washable interlinings for durable
shirt applications, canvas & fused interlinings
for outer wear, water-soluble interlinings for delicate embroidery and prefabricated products for tapes and chest pieces.