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 ₹ 161 / 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
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/OP | 65% | 79% | 46% |
Ratios
Figures in Rs. Crores
| 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 Production Capacity MT per annum |
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| Installed Spindle Capacity spindles |
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| Actual Production Volume MT |
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| Capacity Utilization % |
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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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Copy of Newspaper Publication
- Shreedhar Spinners published EGM notice; meeting on October 9, 2026 via VC/OAVM.
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Shareholders meeting
- EGM on 9 Oct 2026 to approve 9,00,900 warrants at Rs113 each, raising up to Rs10.18 crore.
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Outcome of Board Meeting
- Board approved preferential issue of 9,00,900 convertible warrants at ₹113, aggregating ₹10.18 crore; EGM on Oct 9, 2026.
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Capacity addition
- Board approved cotton yarn capacity expansion from 10,000 to 12,000 MT; Rs. 45 crore capex, commissioning by Q2 FY2027-28.
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Updates
- Company said share price movement is market-driven and disclosed no material event.
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.