Shanti Spintex Ltd
Incorporated in 2010, Shanti Spintex Ltd
is in the business of manufacturing & trading of denim textile products[1]
- Market Cap ₹ 121 Cr.
- Current Price ₹ 71.7
- High / Low ₹ 87.0 / 50.5
- Stock P/E 11.9
- Book Value ₹ 57.3
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 55.5 to 35.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 86 | 113 | 255 | 370 | 506 | 710 | |
| 80 | 101 | 243 | 349 | 481 | 690 | |
| Operating Profit | 6 | 11 | 12 | 22 | 25 | 20 |
| OPM % | 8% | 10% | 5% | 6% | 5% | 3% |
| 4 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 2 | 3 | 2 | 3 | 3 | 2 |
| Depreciation | 7 | 4 | 4 | 5 | 5 | 5 |
| Profit before tax | 2 | 5 | 6 | 14 | 18 | 14 |
| Tax % | -187% | 28% | 16% | 28% | 27% | 25% |
| 5 | 3 | 5 | 10 | 13 | 10 | |
| EPS in Rs | 6.59 | 4.76 | 6.86 | 14.27 | 7.71 | 6.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 41% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 28% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 15% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 17 | 17 | |
| Reserves | 28 | 39 | 49 | 70 | 80 | |
| 39 | 49 | 42 | 22 | 14 | ||
| 27 | 41 | 78 | 85 | 67 | ||
| Total Liabilities | 102 | 136 | 176 | 194 | 177 | |
| 54 | 53 | 64 | 67 | 63 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | |
| Investments | 2 | 2 | 2 | 0 | 1 | |
| 46 | 81 | 110 | 127 | 113 | ||
| Total Assets | 102 | 136 | 176 | 194 | 177 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 8 | 3 | 5 | 17 | 7 | 0 | |
| 3 | 0 | -0 | -15 | -5 | 0 | |
| -11 | 1 | -8 | -1 | -2 | 0 | |
| Net Cash Flow | -0 | 4 | -3 | 2 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 105 | 74 | 67 | 65 | 35 | |
| Inventory Days | 25 | 11 | 21 | 15 | 12 | |
| Days Payable | 141 | 56 | 76 | 57 | 29 | |
| Cash Conversion Cycle | -11 | 29 | 12 | 23 | 18 | |
| Working Capital Days | 22 | 31 | 21 | 27 | 19 | |
| ROCE % | 18% | 19% | 14% |
Documents
Announcements
-
Board Meeting Intimation for Holding The Meeting On 28.08.2025 For Approval Of Notice Convening The 15Th Annual General Meeting Of The Company And Related Matters As Set Out In The Attached Intimation
2d - Board meeting on 28 Aug 2025 to approve FY2024-25 annual report, AGM notice, director regularization, auditor appointments.
-
Statement Of Investor Complaints As Per Regulation 13(3) Of The SEBI (LODR) Regulations, 2015 For The Quarter Ended June, 30Th 2025.
14 Jul - No investor complaints reported for quarter ended June 30, 2025 as per SEBI regulations.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jul - Submission of SEBI Reg 74(5) certificate for Q1 FY2026 by Shanti Spintex.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Jun - Shanti Spintex to attend Go India Advisors conference on 26 June 2025, no UPSI to be shared.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 May - Transcript of the earning call as held on 09.05.2025. please take the same on records.
Annual reports
Concalls
-
May 2025Transcript PPT
-
May 2024TranscriptNotesPPT
Business Overview:[1]
SSL manufactures denim fabrics, offering 6 types in 6 shades, sold to manufacturers, wholesalers, and traders across Gujarat. The company also operates a wind farm and a rooftop solar plant.