Shree Ram Twistex Ltd

Quick check

The five things to look at first. Open one for more.

• DebtModerate safety, with cautionRated BBB+ by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 98% and profit rose 31% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 35% of the company, about the same as in Mar 2026.
• ValuationCheap vs its pastThe share trades at 9 times its yearly earnings (P/E), cheaper than 100% of the time in the last 1 years. Its usual P/E is about 21.

Shree Ram Twistex Ltd 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)9 against a typical 16.3: cheaper than most peers (1st = cheapest).73rd of 268
• Sales growth+97.6% against a typical +6.7% from a year earlier.15th of 234
• Profit growth+30.9% against a typical +12.9% from a year earlier.64th of 166
• Share price, 3 months−16.2% against a typical −5%.183rd of 240
• Size₹ 140.5 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).83rd of 256

Exchange filings and their impact on the company.

• 20 Oct 2026Statement of deviation(s) or variation(s) under Reg. 32Low impactPositivePrice −4.4% on 21 Oct
  Wind IPO plan cut from 4.2 MW to 3.1 MW, freeing Rs 13.9 cr for debt repayment and expansion, with wind 74% complete.

  Shree Ram Twistex said its Rs 110.24 cr IPO funds show a variation only in the wind power object. The 4.2 MW plan costing Rs 39 cr was cut to a single 3.1 MW turbine costing Rs 25.11 cr for faster 6-month completion, freeing Rs 13.89 cr. That surplus was fully used with Rs 5.26 cr for expansion machinery and Rs 8.63 cr extra SBI loan repayment, while Rs 18.69 cr of the wind project is spent and Rs 6.42 cr sits in fixed deposit.

  Full analysisFiling
• 20 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −4.4% on 21 Oct
  Revenue nearly doubled YoY but margins halved and receivables and debt surged.

  Shree Ram Twistex reported Q2 FY27 revenue of Rs 136.04 crore, up 98% from Rs 68.83 crore last year, and net profit of Rs 4.66 crore versus Rs 3.56 crore, helped by a tax credit. For the half year, revenue was Rs 228.75 crore and profit Rs 8.27 crore. Receivables jumped to Rs 113.4 crore from Rs 15.1 crore in March and borrowings rose to Rs 52.2 crore as the company spends its IPO money on solar, wind and expansion machinery.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Bhaveshbhai Bhikhubhai Ramani

Executive Chairman, Managing Director

Jaybhai Atulbhai Tilala

Chief Financial Officer, Executive Director

Sejal Tapan Gajjar

Company Secretary, Compliance Officer