AKSHARConsumer Discretionary

Akshar Spintex Limited

Other Textile Products · ISIN INE256Z01025 · BSE 541303 · NSE EQ · FV ₹1
Last price
₹0
0.00%today
What this company does

Akshar Spintex Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹36 cr of revenue in its latest quarter (Q2 FY27) and kept 0.9% of sales as profit.

Their stated vision

“is to spintex industry "We are committed to We believe strongly in the in our products; focus on their all-round development by driving innovation in producing exceptional yarn promising future of Indian through organized training and workshops.”

In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 294–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns26

How much profit it earns on the money it employs

Balance sheet78

How much it owes, and whether earnings cover the interest

Cash quality63

Whether reported profit actually arrives as cash

Growth & consistency23

Whether sales and profit have grown, and how steadily

Valuation90

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Sales up 60% vs last year
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 0.9% net margin
! Low 1.5% return on equity

What if I invest in AKSHAR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹0▲ 0.00%
latest close · 2026-11-04
52-wk low ₹074 sessions so far52-wk high ₹0
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.40Below book
Below bookModerateHigh
EV / EBITDA3.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.5%Weak
WeakFairStrong ▸15%
Return on capital3.0%Weak
WeakFairStrong
Net margin0.9%Thin
ThinDecentStrong
EBITDA margin7.2%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.05Comfortable
LowModerateHigh ▸1
Interest cover9.3×Strong
RiskyOkayStrong ▸5×
Current ratio5.37Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹33 cr
Book value
₹1
EPS
₹0.00
latest quarter
Net debt
₹4 cr
owes more than its cash
Enterprise value
₹37 cr
EBITDA
₹10 cr
annualised
EBIT
₹3 cr
annualised
Operating margin
1.8%
Return on assets
1.3%
Earnings yield
—
P/S
0.23
Sales / share
₹1.8
Tax rate
45.9%
Face value
₹1
Shares
78.7 cr
Working capital
₹39 cr
Current assets
₹48 cr
Current liabilities
₹9 cr
Delivery %
75.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹36 cr
Other Income₹64 L
Total Income₹36 cr
Cost of Materials₹27 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-11.9 L
Employee Benefit Expense₹2 cr
Finance Costs₹6.8 L
Depreciation & Amortisation₹2 cr
Other Expenses₹5 cr
Total Expenses₹36 cr
Profit before Tax₹56.3 L
Tax Expense₹25.9 L
Net Profit₹30.4 L
Net margin on total income0.8%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹27 cr74.5%
Employee benefit expense₹2 cr4.5%
Finance costs₹6.8 L0.2%
Depreciation & amortisation₹2 cr5.3%
Other expenses₹5 cr14.0%
Tax expense₹25.9 L0.7%
Profit for the period₹30.4 L0.8%
Total income ₹36 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue34 cr30 cr36 cr
Total income36 cr31 cr36 cr
Expenses35 cr29 cr36 cr
Profit before tax59.9 L1 cr56.3 L
Tax98.8 L44.3 L25.9 L
Net profit (owners' share)-39 L59.8 L30.4 L
Net margin (owners' share, on revenue)-1.1%2.0%0.9%
EPS (₹)0.000.010.00
YoY (latest quarter): total income +59.3% · net profit —
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹94 cr
Shareholder equity
₹82 cr
parent shareholders
Total debt
₹4 cr
Cash
₹6.5 L
Cash flow · H1 FY27
Operating
₹6 cr
Investing
₹-6 cr
Financing
₹-76.6 L
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,160₹39,649 cr28.7
Welspun Living Limited₹253₹23,909 cr34.0
Vardhman Textiles Limited₹510₹14,513 cr11.7
Trident Limited₹24₹12,123 cr17.5
Indo Count Industries Limited₹467₹9,246 cr36.6
Garware Technical Fibres Limited₹739₹7,216 cr30.8
Kusumgar Limited₹563₹5,911 cr33.7
Sanathan Textiles Limited₹520₹4,385 cr46.1
Alok Industries Limited₹8₹4,057 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
—
trailing 12 months
Dividend / share (TTM)
—
Last dividend
₹0.01
ex 4 Jan 2024
ActionDetailEx-date
Bonus issue5:115 Feb 2024
Dividend₹0.01 / share4 Jan 2024
Stock splitStock Split From Rs.10/- to Rs.1/-31 Jul 2023
Who owns it · 2026-09-30
No pledge
Promoter
0.3%
Public
99.7%
Promoter stake down 11.8% over the last 12 quarters.
Smart-money activity
Bulk / block deals
SoldRAKESH KUMAR UPPAL AND SONS HUF · NSE41.74 L @ ₹0.515 Sep 25
BoughtRAKESH KUMAR UPPAL AND SONS HUF · NSE27.85 L @ ₹0.55 Sep 25
SoldMOHAN SENTHIL SUNDARAM · NSE84.00 L @ ₹0.55 Sep 25
Stake changes
SoldAmit Vallabhbhai Gadhiya · promoter→ 2.00% · 93.86 L9 Aug 24
SoldMrs. Rekhaben Harikrushna Chauhan · promoter→ 0.23% · 2.75 cr9 Aug 24
SoldMr. Harikrushna Shamjibhai Chauhan & Rekhaben Chauhan & Amit Gadhiya · promoter→ 0.54% · 3.27 cr9 Aug 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Sep 2026
See the official result
1
To Consider and adopt the Financial Statement of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditor thereon
This filing does not break the votes down by shareholder group.
2
To appoint Mrs. Ilaben Dineshbhai Paghdar (DIN: 07591339) Director of the Company, who retires by rotation and being eligible, offers herself for re-appointment
Backed by 45% of shareholders other than promotersneeded 50%
2.41 cr votes for, 2.90 cr against
3
To appoint M s. H. Jamnadas and Company, Chartered Accountants, Firm Registration No. 104033W, as Statutory Auditor of the Company, in place of retiring Statutory Auditor, M s. H. B. Kalaria and Associates, Chartered Accountants, Rajkot.
Backed by 46% of shareholders other than promotersneeded 50%
2.44 cr votes for, 2.86 cr against
4
PAYMENT OF REMUNERATION TO COST AUDITORS FOR FINANCIAL YEAR 2026-2027
Backed by 46% of shareholders other than promotersneeded 75%
2.44 cr votes for, 2.86 cr against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 0.3% between them · as of 2026-09-30
HARIKRUSHNA SHAMJIBHAI CHAUHAN0.11%
REKHABEN HARIKRUSHNABHAI CHAUHAN0.09%
HARIKRISHNA SHAMJIBHAI CHAUHAN (HUF)0.06%
AMIT VALLABHBHAI GADHIYA0.01%
KANTABEN VALLABHBHAI GADHIYAno shares
NARMADABEN SHAMJIBHAI CHAUHANno shares
NAYAN VALLABHBHAI GADHIYAno shares
POOJA AMIT GADHIYAno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹49 cr raised in Oct 2024 by offering new shares to existing shareholders

As of Sep 2026, the company says it has spent 99% of what it set aside, leaving ₹45.4 L still to be spent.

To repay in full certain identified long term unsecured loan obtained by the company
93%
₹3 cr of ₹3 cr
To augment the existing and incremental working capital requirement of the company
100%
₹33 cr of ₹33 cr
Corporate expense related to issue transferred to General Corporate purpose
100%
₹12 cr of ₹12 cr
Estimated issue related expense
47%
₹16.3 L of ₹35 L

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.