Shreedhar Spinners Ltd
Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of compact spun cotton yarn.[1]
- Market Cap ₹ 345 Cr.
- Current Price ₹ 161
- High / Low ₹ 186 / 54.4
- Stock P/E 55.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 12.1 %
- ROE 24.6 %
- Face Value ₹ 10.0
Pros
Cons
- Company might be capitalizing the interest cost
* 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 Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 126 | 134 | 146 | |
| 113 | 121 | 129 | |
| Operating Profit | 14 | 13 | 18 |
| OPM % | 11% | 10% | 12% |
| 0 | 0 | 0 | |
| Interest | 6 | 6 | 6 |
| Depreciation | 3 | 3 | 4 |
| Profit before tax | 4 | 4 | 7 |
| Tax % | 17% | 17% | 17% |
| 3 | 3 | 6 | |
| EPS in Rs | 2.23 | 2.28 | 3.94 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 15 | 15 | 16 |
| Reserves | 2 | 5 | 14 |
| 62 | 65 | 116 | |
| 13 | 17 | 26 | |
| Total Liabilities | 92 | 102 | 172 |
| 62 | 59 | 119 | |
| CWIP | 1 | 8 | 0 |
| Investments | 0 | 0 | 0 |
| 29 | 35 | 53 | |
| Total Assets | 92 | 102 | 172 |
Cash Flows
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 9 | 10 | 8 | |
| -1 | -8 | -55 | |
| -7 | -2 | 47 | |
| Net Cash Flow | 0 | -0 | -0 |
| Free Cash Flow | 7 | 2 | -47 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 65% | 79% | 46% |
Ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 3 | 4 | 3 |
| Inventory Days | 58 | 62 | 94 |
| Days Payable | 33 | 41 | 55 |
| Cash Conversion Cycle | 28 | 26 | 42 |
| Working Capital Days | -0 | 1 | -2 |
| ROCE % | 12% | 12% |
Insights
In beta| Apr 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Installed Spindle Capacity spindles |
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| Actual Production Volume MT |
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| Average Estimated Annual Available Capacity MT |
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| Capacity Utilization % |
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| Installed Production Capacity (Nameplate) MT per annum |
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| Maharashtra Revenue Share % of revenue |
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| Number of Customers customers |
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| Related Party Sales Share (Shreedhar Cotsyn) % of revenue |
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| Top 10 Customer Revenue Concentration % of revenue |
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Extracted by Screener AI
Documents
Announcements
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Shareholders meeting
- EGM on Oct. 9, 2026 approved preferential issue of equity warrants to promoter group.
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Shareholders meeting
- EGM on October 09, 2026 approved preferential issue of equity warrants to promoter group.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026.
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Copy of Newspaper Publication
- Newspaper publication of EGM corrigendum published on October 4, 2026; EGM scheduled for October 9, 2026.
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General Updates
- Corrigendum updates preferential warrant issue price at Rs113 and valuation basis for October 9 EGM.
Business Overview:[1]
Shreedhar Spinners is engaged in the manufacturing of 100% compact spun
cotton yarn with counts ranging from
Ne 10s to Ne 40s. The company operates
in the B2B segment, supplying yarn to
textile manufacturers, exporters, traders,
and fabric processors. Its products are
used across apparel, denim, home textiles, industrial fabrics, and knitting/weaving applications.