Sihora Industries Ltd
Incorporated in 2023, Sihora Industries Limited manufactures and sells narrow woven fabrics and other textile products.[1]
- Market Cap ₹ 31.4 Cr.
- Current Price ₹ 59.0
- High / Low ₹ 70.0 / 50.1
- Stock P/E 32.4
- Book Value ₹ 30.1
- Dividend Yield 0.00 %
- ROCE 11.5 %
- ROE 9.11 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 106 days to 190 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.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2024 8m | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 6.21 | 14.56 | 18.92 | |
| 5.26 | 11.26 | 16.95 | |
| Operating Profit | 0.95 | 3.30 | 1.97 |
| OPM % | 15.30% | 22.66% | 10.41% |
| 0.06 | 0.50 | 0.61 | |
| Interest | 0.17 | 0.43 | 0.31 |
| Depreciation | 0.44 | 0.87 | 0.98 |
| Profit before tax | 0.40 | 2.50 | 1.29 |
| Tax % | 20.00% | 25.20% | 25.58% |
| 0.32 | 1.87 | 0.97 | |
| EPS in Rs | 4.72 | 5.02 | 1.82 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 0.68 | 3.73 | 5.33 |
| Reserves | 2.71 | 1.53 | 10.72 |
| 2.47 | 5.14 | 1.43 | |
| 1.58 | 2.25 | 1.99 | |
| Total Liabilities | 7.44 | 12.65 | 19.47 |
| 3.84 | 4.92 | 4.77 | |
| CWIP | 0.00 | 0.11 | 1.24 |
| Investments | 0.00 | 0.00 | 1.50 |
| 3.60 | 7.62 | 11.96 | |
| Total Assets | 7.44 | 12.65 | 19.47 |
Cash Flows
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 0.50 | -0.14 | -2.71 | |
| -2.73 | -2.10 | -3.08 | |
| 2.23 | 2.24 | 5.80 | |
| Net Cash Flow | 0.00 | 0.00 | 0.01 |
| Free Cash Flow | -2.06 | -2.20 | -4.67 |
| CFO/OP | 63% | 8% | -104% |
Ratios
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 35.27 | 61.42 | 41.28 |
| Inventory Days | 132.07 | 161.06 | 246.09 |
| Days Payable | 124.79 | 64.84 | 36.00 |
| Cash Conversion Cycle | 42.54 | 157.64 | 251.37 |
| Working Capital Days | 65.24 | 61.92 | 190.22 |
| ROCE % | 36.04% | 11.48% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Actual Production - Lace & Border, Woven Name Tape (Needle Looms) Kgs |
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| Actual Production - Narrow Woven Fabric (Label, Woven Lace & Border, Suit & Duppatta) Meters |
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| Capacity Utilization - Lace & Border, Woven Name Tape (Needle Looms) % |
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| Capacity Utilization - Narrow Woven Fabric (Label, Woven Lace & Border, Suit & Duppatta) % |
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| Top 5 Customer Concentration (% of revenue from operations) % |
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| Top 5 Supplier Concentration (% of total purchases) % |
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| Actual Production - Zipper Kgs |
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| Capacity Utilization - Zipper % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Jul - We hereby submit the Newspaper Advertisement giving details of dispatch of notice of postal ballot and voting period.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Jul - We hereby attach Newspaper Advertisement in Form PAS-1 for altering the objects for which the Prospectus was issued.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
17 Jul - Postal ballot seeks approval to vary ₹63.74 lakh IPO proceeds for new machinery by Aug. 17, 2026.
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Intimation Of Contact Details Of Key Managerial Personnel Pursuant To Regulation 30(5) Of SEBI (LODR) Regulations, 2015
15 Jul - Board authorized KMP contact details for materiality and stock exchange disclosures on 15 July 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On July 15, 2026
15 Jul - Board approved reallocation of ₹63.74 lakh IPO proceeds for new machines and zipper expansion, pending shareholder approval.
Business Profile[1]
Sihora Industries Limited (SIL), headquartered in Surat, Gujarat, is engaged in the manufacturing and sale of narrow woven fabrics, lace, digitally printed narrow fabrics, woven labels, tapes, zippers, elastics, and other textile products, including technical textiles for both fashion and industrial sectors.