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 ₹ 296 Cr.
- Current Price ₹ 123
- High / Low ₹ 174 / 80.0
- Stock P/E 23.8
- 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
Part of Nifty SME Emerge
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 |
| Free Cash Flow | 5 | -6 | -21 | 6 | 10 | -9 |
| CFO/OP | 142% | -27% | 452% | 135% | 108% | -10% |
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% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jan 2026 | |
|---|---|---|---|---|---|
| Consolidated Group Installed Capacity MT |
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| Number of Production Lines Count |
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| Subsidiary (SIPL) Installed Capacity MTPA |
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| Group Total Solar Power Generation Capacity MW |
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| Number of Domestic Customers Count |
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| Standalone (SNL) Capacity Utilisation % |
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| Standalone (SNL) Installed Capacity MTPA |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
11 April 2026 - Certificate submitted for non-applicability of corporate governance report for quarter ended March 31, 2026.
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Structural Digital Database
11 April 2026 - Submitted SDD compliance certificate for quarter ended March 31, 2026.
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Updates
4 April 2026 - Spunweb clarifies no UPSI exists; share price movement is market-driven.
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Credit Rating- New
2 April 2026 - ICRA assigned BBB-(Stable) ratings to Spunweb and subsidiary borrowings worth Rs 50 crore.
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.