Shanti Spintex Ltd
Incorporated in 2010, Shanti Spintex Ltd
is in the business of manufacturing & trading of denim textile products[1]
- Market Cap ₹ 72.6 Cr.
- Current Price ₹ 43.0
- High / Low ₹ 79.0 / 38.1
- Stock P/E 16.2
- Book Value ₹ 59.4
- Dividend Yield 0.00 %
- ROCE 6.45 %
- ROE 4.56 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.72 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.3% over last 3 years.
- Earnings include an other income of Rs.4.26 Cr.
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 86 | 113 | 255 | 370 | 506 | 710 | 683 | |
| 80 | 101 | 243 | 349 | 481 | 690 | 674 | |
| Operating Profit | 6 | 11 | 12 | 22 | 25 | 20 | 9 |
| OPM % | 8% | 10% | 5% | 6% | 5% | 3% | 1% |
| 4 | 0 | 0 | 0 | 1 | 1 | 4 | |
| Interest | 2 | 3 | 2 | 3 | 3 | 2 | 2 |
| Depreciation | 7 | 4 | 4 | 5 | 5 | 5 | 5 |
| Profit before tax | 2 | 5 | 6 | 14 | 18 | 14 | 6 |
| Tax % | -187% | 28% | 16% | 28% | 27% | 25% | 24% |
| 5 | 3 | 5 | 10 | 13 | 10 | 4 | |
| EPS in Rs | 6.59 | 4.76 | 6.86 | 14.27 | 7.71 | 6.04 | 2.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 23% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -24% |
| TTM: | -56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 10% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 17 | 17 | 17 |
| Reserves | 28 | 34 | 39 | 49 | 70 | 80 | 83 |
| 39 | 43 | 49 | 42 | 22 | 14 | 39 | |
| 27 | 35 | 41 | 78 | 85 | 67 | 76 | |
| Total Liabilities | 102 | 119 | 136 | 176 | 194 | 177 | 216 |
| 54 | 57 | 53 | 64 | 67 | 63 | 58 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 2 | 0 | 1 | 25 |
| 46 | 60 | 81 | 110 | 127 | 113 | 132 | |
| Total Assets | 102 | 119 | 136 | 176 | 194 | 177 | 216 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 8 | 3 | 5 | 17 | 7 | 17 | -2 | |
| 3 | 0 | -0 | -15 | -5 | -0 | -2 | |
| -11 | 1 | -8 | -1 | -2 | -14 | -3 | |
| Net Cash Flow | -0 | 4 | -3 | 2 | 0 | 3 | -8 |
| Free Cash Flow | 8 | 3 | 5 | 2 | -1 | 17 | -3 |
| CFO/OP | 124% | 31% | 44% | 90% | 42% | 87% | -11% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 105 | 123 | 74 | 67 | 65 | 35 | 61 |
| Inventory Days | 25 | 14 | 11 | 21 | 15 | 12 | 6 |
| Days Payable | 141 | 125 | 56 | 76 | 57 | 29 | 35 |
| Cash Conversion Cycle | -11 | 12 | 29 | 12 | 23 | 18 | 32 |
| Working Capital Days | 22 | 52 | 31 | 21 | 27 | 18 | 25 |
| ROCE % | 9% | 9% | 18% | 19% | 14% | 6% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Installed Production Capacity Million Meters |
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| Actual Fabric Production Lakh Meters |
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| Capacity Utilization % |
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| Fixed Asset Turnover Ratio Times |
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| Number of Airjet Looms Number |
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| Renewable Energy Mix (Power Needs Met) % |
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Extracted by Screener AI
Documents
Announcements
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Intimation Of Change In Last Name Of Company Secretary And Compliance Officer Pursuant To Marriage
2 Jun - Company Secretary Mohini Singhal renamed Mrs. Mohini Agarwal after marriage on 02.06.2026.
-
Submission Of Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended March 31, 2026
28 May - Audited standalone and consolidated results for half year and FY ended 31 March 2026 approved on 28 May 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 28.05.2026
28 May - Board approved audited standalone/consolidated FY26 results; standalone revenue ₹687.08 crore, profit ₹4.49 crore.
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Board Meeting Intimation for Consideration And Approval Of Audited Financial Results For The Year Ended March 31, 2026 And Other Business Matters
21 May - Board meeting on 28 May 2026 to approve FY26 audited standalone and consolidated results and other routine matters.
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COMPLIANCE CERTIFICATE UNDER REGULATION 40(9) OF THE SEBI (LODR) REGULATIONS, 2015
10 Apr - Regulation 40(9) compliance certificate filed for year ended March 31, 2026; no transfer requests received.
Annual reports
Concalls
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Nov 2025Transcript PPT
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May 2025Transcript PPT
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May 2024TranscriptAI SummaryPPT
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.