Spunweb Nonwoven Ltd
Incorporated in 2015, Spunweb Nonwoven Limited is a manufacturer and supplier of non-woven fabrics, primarily used for applications like doormats, bags, carpets, and tarpaulins.[1]
- Market Cap ₹ 338 Cr.
- Current Price ₹ 140
- High / Low ₹ 174 / 130
- Stock P/E 27.1
- Book Value ₹ 43.9
- Dividend Yield 0.00 %
- ROCE 21.8 %
- ROE 26.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 43.7% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 87 | 127 | 112 | 115 | 148 | 210 | 212 | |
| 82 | 121 | 107 | 105 | 133 | 182 | 180 | |
| Operating Profit | 4 | 6 | 5 | 10 | 15 | 28 | 32 |
| OPM % | 5% | 5% | 4% | 8% | 10% | 13% | 15% |
| 3 | 5 | 6 | 3 | 6 | -0 | 0 | |
| Interest | 2 | 2 | 3 | 4 | 5 | 7 | 7 |
| Depreciation | 3 | 3 | 2 | 6 | 9 | 8 | 8 |
| Profit before tax | 2 | 6 | 5 | 1 | 8 | 13 | 18 |
| Tax % | 30% | 30% | 29% | 20% | 21% | 32% | |
| 2 | 4 | 3 | 1 | 6 | 9 | 12 | |
| EPS in Rs | 3.05 | 4.18 | 3.45 | 1.18 | 5.97 | 4.96 | 5.96 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 23% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 39% |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 21% |
| Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 10 | 10 | 10 | 10 | 18 | 24 |
| Reserves | 2 | 6 | 9 | 10 | 16 | 25 | 82 |
| 24 | 28 | 56 | 54 | 48 | 73 | 75 | |
| 4 | 12 | 11 | 18 | 32 | 37 | 24 | |
| Total Liabilities | 35 | 56 | 86 | 93 | 107 | 154 | 205 |
| 14 | 13 | 50 | 50 | 46 | 42 | 53 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 2 | 2 | 2 | 17 | 27 |
| 20 | 43 | 33 | 40 | 59 | 95 | 124 | |
| Total Assets | 35 | 56 | 86 | 93 | 107 | 154 | 205 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 5 | -5 | 18 | 13 | 14 | -5 | |
| -0 | -2 | -42 | -7 | -4 | -12 | |
| -5 | 7 | 24 | -6 | -10 | 18 | |
| Net Cash Flow | -0 | 0 | -0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 29 | 42 | 39 | 70 | 70 | 88 |
| Inventory Days | 30 | 34 | 35 | 42 | 79 | 91 |
| Days Payable | 10 | 29 | 24 | 72 | 95 | 73 |
| Cash Conversion Cycle | 49 | 47 | 50 | 39 | 54 | 106 |
| Working Capital Days | 29 | 55 | 33 | 19 | 12 | 22 |
| ROCE % | 22% | 14% | 8% | 17% | 22% |
Documents
Announcements
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General Updates
9 December 2025 - Subsidiary Spunweb India Pvt Ltd approved 200 DC/166 AC rooftop solar for captive consumption on Dec 9, 2025.
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General Updates
9 November 2025 - Participated in Nonwoven Tech Asia (Nov 6–8, 2025) and received an award.
-
General Updates
9 November 2025 - Management presented at Capsight Connect on Nov 8, 2025; presentation and video link shared; company received award.
-
Monitoring Agency Report
6 November 2025 - Acuité monitoring report submitted for quarter/half year ended Sept 30, 2025; INR 8.14 Crore fully utilized.
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Appointment
6 November 2025 - Board approved Q2/H1 results for Sep 30, 2025; internal auditor resigned; new auditor appointed for FY2025-26.
Business Profile[1]
Spunweb Nonwoven is one of the largest manufacturers of polypropylene spunbond nonwoven fabrics in India, with an installed capacity of 32,640 MTPA as of FY24. The company serves diverse sectors like hygiene, healthcare, packaging, agriculture, construction, industrial, and home furnishing.