Piotex Industries Ltd

Piotex Industries Ltd

₹ 54.4 4.71%
18 Feb 11:15 a.m.
About

Incorporated in 2019, Piotex Industries Ltd is in the trading and agency businessfor machines & accessories for Spinning, Weaving.[1]

Key Points

Business Overview:[1][2]
a) PIL is in the business of contract manufacturing and trading of yarn, fabric
and cotton bales.
b) It also manufactures cotton yarn through out-sourcing model (Job-work)
c) The company does trade of cotton bales
d) Its products are used for various purposes such as garments & home furnishings, etc.
e) PIL has contract manufacturing & exclusive selling ties up with Spinning & Weaving industries situated in Maharashtra.

  • Market Cap 27.8 Cr.
  • Current Price 54.4
  • High / Low 74.0 / 35.0
  • Stock P/E 15.4
  • Book Value 50.1
  • Dividend Yield 0.00 %
  • ROCE 23.9 %
  • ROE 19.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.09 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 33.9%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Working capital days have increased from 42.8 days to 60.1 days

* 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2024 Mar 2025 Sep 2025
66 69 67
64 66 67
Operating Profit 2 3 0
OPM % 3% 4% 0%
0 0 0
Interest 0 0 0
Depreciation 0 0 0
Profit before tax 2 2 0
Tax % 25% 25% 30%
2 2 0
EPS in Rs 3.19 3.39 0.16
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
54 80 86 118 134 135
53 79 82 115 130 133
Operating Profit 1 1 4 4 5 3
OPM % 2% 2% 5% 3% 3% 2%
0 0 1 0 0 0
Interest 0 0 1 0 0 0
Depreciation 0 0 0 0 0 0
Profit before tax 1 1 4 4 4 2
Tax % 27% 26% 26% 25% 25%
1 1 3 3 3 2
EPS in Rs 40.00 49.33 192.67 8.45 6.58 3.55
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 19%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 66%
TTM: 12%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -1%
Return on Equity
10 Years: %
5 Years: 36%
3 Years: 34%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.15 0.15 0.15 4 5 5
Reserves 1 1 4 6 20 20
2 5 4 4 2 2
2 7 9 22 4 7
Total Liabilities 5 14 18 36 32 34
0 0 0 0 0 3
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 0 0
5 14 17 36 32 31
Total Assets 5 14 18 36 32 34

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-1 0 3 -2 -8
0 0 -0 -0 -2
2 -1 -2 2 10
Net Cash Flow 1 -1 0 -0 0

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 21 8 39 99 50
Inventory Days 3 40 0 1 2
Days Payable 11 26 42 63 9
Cash Conversion Cycle 13 22 -2 36 43
Working Capital Days 10 12 32 36 60
ROCE % 29% 65% 39% 24%

Shareholding Pattern

Numbers in percentages

May 2024Sep 2024Mar 2025Sep 2025
65.95% 65.95% 65.95% 65.95%
0.00% 0.96% 1.41% 1.41%
2.00% 4.42% 4.11% 4.37%
32.06% 28.67% 28.53% 28.27%
No. of Shareholders 1,069553543461

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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