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 ₹ 295 Cr.
- Current Price ₹ 122
- High / Low ₹ 174 / 120
- Stock P/E 23.7
- 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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Structural Digital Database
12 January 2026 - SDD compliance certificate for quarter ended December 31, 2025; one event captured; no non-compliances.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
12 January 2026 - Certificate under Reg 74(5) confirming dematerialisation processing for quarter ended December 31, 2025.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
12 January 2026 - Company certifies Regulation 27 non-applicability for quarter ended December 31, 2025 due to SME NSE listing.
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General Updates
12 January 2026 - Jan 12, 2026: SIPL commissioned 3.2m and 1.6m lines; SIPL capacity +53%, group +20%.
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General Updates
6 January 2026 - 2.0 MW solar commissioned (Jan 6, 2026); ~3.5 million units/year; group capacity 6.5 MW.
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.