Sihora Industries Ltd
Incorporated in 2023, Sihora Industries Limited manufactures and sells narrow woven fabrics and other textile products.[1]
- Market Cap ₹ 33.0 Cr.
- Current Price ₹ 62.0
- High / Low ₹ 68.0 / 50.0
- Stock P/E 34.0
- Book Value ₹ 30.1
- Dividend Yield 0.00 %
- ROCE 11.5 %
- ROE 9.10 %
- 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 96.0 days to 161 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% | 25.60% | 25.58% |
| 0.32 | 1.87 | 0.97 | |
| EPS in Rs | 0.86 | 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: | 9% |
| 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 | 4.78 | |
| CWIP | 0.00 | 0.11 | 1.24 |
| Investments | 0.00 | 0.00 | 1.50 |
| 3.60 | 7.62 | 11.95 | |
| Total Assets | 7.44 | 12.65 | 19.47 |
Cash Flows
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 0.50 | -0.47 | -2.71 | |
| -2.73 | -1.78 | -3.08 | |
| 2.23 | 2.25 | 5.80 | |
| Net Cash Flow | 0.00 | 0.00 | 0.01 |
| Free Cash Flow | -2.06 | -2.53 | -4.67 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 63% | -13% | -104% |
Ratios
| 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 | 61.67 | 161.09 |
| ROCE % | 36.04% | 11.48% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 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
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- RTA confirms Regulation 74(5) non-applicability for quarter ended September 30, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- Sihora Industries held its 3rd AGM on 26 Sep 2026; voting results due within two working days.
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- We hereby submit the newspaper publication of Notice of the 3rd AGM.
Business Overview:[1]
SIL is engaged in the manufacturing and sale
of narrow woven fabrics, fancy lace, digitally printed narrow fabrics, woven labels, tapes, zippers, elastics, and other textile products, including technical textiles, catering to the requirements of the fashion and industrial sectors.
The company was incorporated to take over and continue the existing business operations of Sihora Narrow Fabrics”, a proprietary firm which is owned by the Promoter, Mr Gautam Vallabhbhai Sihora. The business of Sihora Narrow Fabrics, along with all its assets and liabilities, was taken over by the company on October 17, 2023.
Subsequently, pursuant to a special resolution
on June 12, 2024, the company was converted from a private limited company into a public limited company and got listed on the SME Platform of BSE Limited on October 17, 2025.