SPUNWEB

Spunweb Nonwoven Limited

Listed company · ISIN INE19QH01010 · NSE SM · FV ₹10
Last price
₹103
-8.48%today
What this company does

Spunweb Nonwoven Limited is a listed company. It booked ₹203 cr of revenue in its latest half year (H1 FY27) and kept 6.4% of sales as profit.

58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 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)
49

At close. Not part of the score.

Profitability & returns74

How much profit it earns on the money it employs

Balance sheet31

How much it owes, and whether earnings cover the interest

Cash quality31

Whether reported profit actually arrives as cash

Valuation63

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Sales up 48% vs last year
✓ Profit up 21% vs last year
✓ Promoters hold 65%
✓ No promoter shares pledged
✓ Strong 23% return on equity
Watch-outs
! Thin 6.4% net margin

What if I invest in SPUNWEB?

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 We do not publish price targets or predict returns.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 half year + price
₹103▼ -8.48%
latest close · 2026-11-04
52-wk low ₹9671 sessions so far52-wk high ₹136
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/E ratio9.5Low
LowAverageHigh
P/B ratio2.21Moderate
Below bookModerateHigh
EV / EBITDA7.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.1%Strong
WeakFairStrong ▸15%
Return on capital26.9%Strong
WeakFairStrong
Net margin6.4%Decent
ThinDecentStrong
EBITDA margin11.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.85Moderate
LowModerateHigh ▸1
Interest cover4.7×Okay
RiskyOkayStrong ▸5×
Current ratio1.54Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹247 cr
Book value
₹46
EPS
₹5.37
latest half year
Net debt
₹95 cr
owes more than its cash
Enterprise value
₹342 cr
EBITDA
₹46 cr
annualised
EBIT
₹46 cr
annualised
Operating margin
11.5%
Return on assets
8.7%
Earnings yield
10.48%
P/S
0.61
Sales / share
₹168.0
Tax rate
29.2%
Face value
₹10
Shares
2.4 cr
Working capital
₹68 cr
Current assets
₹194 cr
Current liabilities
₹126 cr
Delivery %
93.9%
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 half year; 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 exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹90–₹90, midpoint ₹90

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 · H1 FY27 (consolidated)
Revenue from Operations₹203 cr
Other Income₹1 cr
Total Income₹204 cr
Cost of Materials₹152 cr
Purchases of Stock-in-Trade₹80.2 L
Inventory Change (±)₹1 cr
Employee Benefit Expense₹6 cr
Finance Costs₹5 cr
Other Expenses₹14 cr
Total Expenses₹186 cr
Profit before Tax₹18 cr
Tax Expense₹5 cr
Net Profit₹13 cr
Net margin on total income6.4%
Where the money goes · H1 FY27
% of total income
Materials + stock-in-trade₹154 cr75.5%
Employee benefit expense₹6 cr2.8%
Finance costs₹5 cr2.4%
Other expenses₹21 cr10.3%
Tax expense₹5 cr2.6%
Profit for the period₹13 cr6.4%
Total income ₹204 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26H1 FY27
Revenue137 cr188 cr203 cr
Total income137 cr190 cr204 cr
Expenses122 cr171 cr186 cr
Profit before tax15 cr19 cr18 cr
Tax4 cr6 cr5 cr
Net profit (owners' share)11 cr12 cr13 cr
Net margin (owners' share, on revenue)7.8%6.6%6.4%
EPS (₹)5.255.125.37
YoY (latest quarter): total income +48.5% · net profit +20.6%
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹299 cr
Shareholder equity
₹112 cr
parent shareholders
Total debt
₹95 cr
Cash
₹50.5 L
Who owns it · 2026-09-30
No pledge
Promoter
65.3%
FII / Foreign
0.1%
DII / Domestic
4.8%
Retail / others
29.9%
Promoter stake up 0.1% over the last 4 quarters.
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 · 22 Sep 2026
See the official result
1
1 - To Consider and adopt the Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditor thereon
Backed by 100% of shareholders other than promotersneeded 50%
6.74 L votes for, 0 against
2
2 - To Consider and adopt the Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditor thereon
Backed by 100% of shareholders other than promotersneeded 50%
6.74 L votes for, 0 against
3
3 - To appoint Mr. KISHAN DILIPBHAI KAGATHARA (DIN: 09730384), Whole-Time Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
6.74 L votes for, 0 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 — 30 named members
owning 65.3% between them · as of 2026-09-30
Kagathara Kishan Dilipbhai30.82%
Jay Dilipbhai Kagathara29.16%
Dilipbhai Hansrajbhai Kagathara1.80%
Prabhaben Dilipbhai Kagathara1.80%
Charulata Jay Kagathara1.55%
Bediya Jinal Mansukhbhai0.07%
Kriva Jay Kagathara0.07%
Ajanta Packagingno 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.

₹61 cr raised in Jul 2025 by selling shares to the public

As of Sep 2025, the company says it has spent 100% of what it set aside. Acuite Ratings & Research Limited watches the spending on the exchange’s behalf.

Funding the working capital requirements of our Company
100%
₹29 cr of ₹29 cr
Investment in our wholly owned subsidiary, SIPL, for funding its working capital requirements
100%
₹10 cr of ₹10 cr
Repayment, in full or in part, of certain borrowings availed by our Company
100%
₹8 cr of ₹8 cr
General Corporate Purposes
100%
₹8 cr of ₹8 cr

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.