Akshar Spintex
- Market cap
- ₹ 33 Cr.
- P/E
- 82.2x
- P/B
- 0.41x
- 52-week range
- 0.36 – 0.61
- ROE
- −9%
- ROCE
- −9%
- Dividend yield
- 0%
- Debt / equity
- 0.06
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE, BSE
About
Akshar Spintex Limited is an India-based company, which is engaged in manufacturing and trading of spun cotton yarn. The Company operates through the Spinning of Cotton Yarn segment. The Company's products include fibers and yarns. Its fiber products include natural cotton (Sankar -6), natural cotton (MCU-5), natural cotton (MECH-1), BCI Certified Cotton, organic certified cotton, viscose, modal, and excel. Its yarn products include carded cotton yarn (16's to 44's Ne), semi combed cotton yarn (16's to 44's Ne), combed cotton yarn (16's to 44's Ne), Slub Yarn, core spun yarn, two-for-one twisting (TFO) yarn, Eli twist yarn, fancy yarn, melange yarn, blended yarn, BCI certified yarn and organic yarn. The manufacturing facility of the Company is located at Kalavad, Jamnagar District of Gujarat. It has a setup facility of 2,20,000 square feet and total 24,480 spindles with annual production of 6000 MT in cotton yarn.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Akshar Spintex against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)82.2 against a typical 16.7: pricier than most peers (1st = cheapest).230th of 268
- Sales growth+14.3% against a typical +6.7% from a year earlier.84th of 234
- Share price, 3 months+5% against a typical −4%.56th of 240
- Size₹ 33.1 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).162nd of 256
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 with 60% sales growth and return to profit puts Akshar on track for higher sales and first annual profit after losses.
Akshar Spintex reported unaudited Q2 FY27 revenue of Rs 35.69 crore, up from Rs 22.34 crore a year ago, with net profit of Rs 0.30 crore versus a Rs 1.97 crore loss. For the half year, revenue was Rs 65.62 crore and net profit Rs 0.90 crore versus a Rs 3.20 crore loss last year. The turnaround in sales and profitability, with lower debt and receivables, points to improved operations if the momentum continues.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated C by India Ratings- The company stopped sharing information with CARE.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND C(NCO) | — | 17 Jul 2026 |
| CARE | CARE D; ISSUER NOT COOPERATING* | — | 16 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Jul 2026 | Rating action | IND C(NCO) | — | India Ratings | ₹ 31.62 Cr. | |
| 16 Jun 2026 | Reaffirmed | CARE D | — | CARE | ₹ 18.27 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 7 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 21 May 2026 | Financial Results/Other business matters | 1. To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 13 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 24 Nov 2025 | Other business matters | 1. To consider the proposal for appointment of Mr. Bhavin Jayantibhai Kothiya (DIN: 11379649), as an Additional Non-Executive Independent Director; and2. To consider and transit any other business, if any, which may be placed before the Board with the permission of the Chairman. |
| 7 Nov 2025 | Financial Results/Other business matters | 1. To consider and approve the Unaudited Standalone Financial Results along with Limited Review Report by Auditor thereon of the Company for the Quarter ended on 30.09.2025.2. Any other business(s) with permission of Chair, if any. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 45 | 48 | 37 | 23 | 26 | 31 | 26 | 22 | 34 | 34 | 30 |
| Expenses | 42 | 43 | 46 | 35 | 24 | 28 | 31 | 27 | 23 | 39 | 33 | 28 |
| Operating Profit | 2 | 2 | 2 | 2 | −1 | −2 | −1 | −1 | −0 | −5 | 1 | 2 |
| OPM % | 4.2% | 4% | 4.9% | 5.3% | −5.6% | −8.6% | −2.7% | −2% | −1.2% | −14.8% | 3.5% | 7.3% |
| Other Income | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 1 | 2 | 1 | −2 | −3 | −1 | −2 | −2 | −5 | 1 | 1 |
| Tax % | 28.6% | 27.8% | 37.3% | 41.7% | −33.1% | −29.2% | −10.2% | −28.3% | 23.1% | −29.4% | 165% | 42.3% |
| Net Profit | 1 | 1 | 1 | 1 | −2 | −2 | −1 | −1 | −2 | −4 | −0 | 1 |
| EPS in Rs | 0.01 | 0.01 | 0.01 | 0.01 | −0.02 | −0.03 | −0.01 | −0.02 | −0.03 | −0.05 | 0 | 0.01 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 1%
- 3 Years
- −5%
- TTM
- 14%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 12%
- 10 Years
- —
- 5 Years
- −44%
- 3 Years
- −73%
- TTM
- —
- 10 Years
- 1%
- 5 Years
- −2%
- 3 Years
- −4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Akshar Spintex | ₹ 0.42 | ₹ 33 Cr. | 82.2x | 0.4x | −9% | — |
| Page Industries | ₹ 33,774.65 | ₹ 38,894 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.12 | ₹ 4,032 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Harikrushna Shamjibhai Chauhan
- Executive Chairman of the Board, Managing Director
- Poonam Pratik Kapupara
- Chief Financial Officer
- Namrata Jagdishbhai Seta
- Compliance Officer, Company Secretary
- Harry D. Paghdar
- Executive Director
- Ilaben Dineshbhai Paghdar
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.