Cedaar Textile Ltd
Incorporated in 2020, Cedaar Textile Ltd is in the business of manufacturing and exporting yarns[1]
- Market Cap ₹ 111 Cr.
- Current Price ₹ 80.2
- High / Low ₹ 136 / 60.0
- Stock P/E 10.3
- Book Value ₹ 89.1
- Dividend Yield 0.00 %
- ROCE 16.6 %
- ROE 27.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.90 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.8%
- Debtor days have improved from 44.8 to 33.9 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -31.3%
* 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 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 217 | 160 | 188 | 207 | 211 | |
| 201 | 141 | 158 | 175 | 186 | |
| Operating Profit | 16 | 19 | 30 | 32 | 24 |
| OPM % | 7% | 12% | 16% | 15% | 12% |
| 3 | 2 | 2 | 1 | 1 | |
| Interest | 7 | 11 | 13 | 12 | 11 |
| Depreciation | 3 | 3 | 4 | 4 | 4 |
| Profit before tax | 9 | 6 | 15 | 16 | 10 |
| Tax % | 13% | 29% | 21% | 26% | |
| 8 | 5 | 12 | 12 | 11 | |
| EPS in Rs | 319.60 | 183.60 | 16.13 | 12.64 | 10.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| Last Year: | 28% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 8 | 10 | 14 |
| Reserves | 9 | 14 | 18 | 56 | 110 |
| 121 | 137 | 146 | 116 | 124 | |
| 24 | 25 | 27 | 45 | 67 | |
| Total Liabilities | 154 | 176 | 198 | 226 | 314 |
| 70 | 74 | 78 | 77 | 75 | |
| CWIP | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 84 | 101 | 121 | 149 | 239 | |
| Total Assets | 154 | 176 | 198 | 226 | 314 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -15 | -2 | 6 | 17 | |
| -6 | -6 | -4 | -4 | |
| 22 | 8 | -2 | -13 | |
| Net Cash Flow | 0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 45 | 55 | 46 | 34 |
| Inventory Days | 69 | 207 | 253 | 300 |
| Days Payable | 44 | 62 | 53 | 76 |
| Cash Conversion Cycle | 70 | 200 | 246 | 259 |
| Working Capital Days | -3 | 22 | 25 | 26 |
| ROCE % | 12% | 17% | 17% |
Documents
Announcements
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Resignation
22 November 2025 - Cedaar Textile Limited has informed regarding Resignation of Mr. Rajesh Bansal as Non- Executive Independent Director of the company w.e.f. November 21, 2025.
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Resignation of Independent director
22 November 2025 - CEDAAR TEXTILE LIMITED has informed about Resignation of Independent director.
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Outcome of Board Meeting
21 November 2025 - Board approved unaudited H1 results for Sep 30, 2025; auditors flagged inability to verify assets, inventories; AS17 and CSR non-compliance.
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Appointment
17 November 2025 - AGM approved director appointments (23 Jul, 30 Sep 2025), secretarial auditor appointment, cost auditor ratification, office moved to Punjab.
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Shareholders meeting
17 November 2025 - AGM (15.11.2025): All resolutions (93,78,590 votes in favour) including FY2025 adoption and registered office shift approved.
Business Overview:[1]
CTL offers a diverse range of yarns—raw white, melange, solid top-dyed, and grey fancy—across fibers like cotton, polyester, acrylic, viscose, Tencel, and modal. These are available in 100% organic and recycled variants to support sustainability. The company supplies its yarns to leading garment manufacturers serving renowned global fashion brands in both domestic and international markets.