MarketFriction

Swadeshi Polytex Ltd

BSE 503816 · Other Textile Products
₹32.17 -1.02%
BSE close2026-10-01
Market cap₹127 Cr.
P/E29.6

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales40.1754.550.000.000.000.300.100.000.010.000.000.00
Expenses1.812.671.690.630.700.661.920.610.700.780.650.59
Operating Profit38.3651.88-1.69-0.63-0.70-0.36-1.82-0.61-0.69-0.78-0.65-0.59
OPM %95.49%95.11%-120.00%-1,820.00%-6,900.00%
Other Income1.821.851.651.871.921.771.561.782.391.921.801.73
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.040.040.040.040.040.040.030.000.000.01
Profit before tax40.1853.73-0.081.201.181.37-0.301.131.671.141.151.13
Tax %18.89%14.83%-225.00%32.50%33.05%13.14%76.67%23.89%22.16%2.63%20.00%18.58%
Net Profit32.5945.750.100.810.791.19-0.520.851.301.100.920.92
EPS in Rs8.3611.730.030.210.200.31-0.130.220.330.280.240.24
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1.762.033.1913.1615.990.0036.2344.3499.260.400.010.01
Expenses2.502.272.372.843.642.142.883.566.823.982.832.72
Operating Profit-0.74-0.240.8210.3212.35-2.1433.3540.7892.44-3.58-2.82-2.71
OPM %-42.05%-11.82%25.71%78.42%77.24%92.05%91.97%93.13%-895.00%-28,200.00%-27,100.00%
Other Income2.185.652.941.622.240.150.542.456.537.217.967.84
Interest3.183.313.642.860.700.000.000.000.000.000.000.00
Depreciation0.010.010.010.010.010.010.010.020.050.160.080.04
Profit before tax-1.752.090.119.0713.88-2.0033.8843.2198.923.475.065.09
Tax %290.86%45.45%409.09%11.91%14.63%-18.50%24.65%19.35%16.75%34.01%17.39%
Net Profit-6.851.13-0.347.9911.85-1.6425.5334.8582.352.284.184.24
EPS in Rs-1.760.29-0.092.053.04-0.426.558.9421.120.581.071.09
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-40%%-94%-98%
Compounded Profit Growth7%15%-93%87%
Stock Price CAGR32%52%-10%-47%
Return on Equity%%29%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.903.903.903.903.903.903.903.903.903.903.903.90
Reserves-49.91-56.87-55.74-56.08-48.09-36.24-37.88-12.3522.49104.85107.12111.30
Borrowings25.9325.4225.4225.4216.301.791.790.000.000.000.000.00
Other Liabilities39.7242.2439.5640.1141.1947.6146.9842.4238.713.484.383.09
Total Liabilities19.6414.6913.1413.3513.3017.0614.7933.9765.10112.23115.40118.29
Fixed Assets0.060.060.060.050.040.090.070.070.084.974.870.04
CWIP0.000.000.000.000.000.000.000.000.000.000.050.00
Investments0.000.000.000.000.000.000.000.000.000.0040.7443.48
Other Assets19.5814.6313.0813.3013.2616.9714.7233.9065.02107.2669.7474.77
Total Assets19.6414.6913.1413.3513.3017.0614.7933.9765.10112.23115.40118.29
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity25.450.40-3.23-0.7719.2817.24-2.1825.7931.6543.87-6.53-6.40
Cash from Investing Activity1.582.185.622.760.120.160.13-22.17-34.41-43.816.516.42
Cash from Financing Activity-29.47-1.82-3.31-1.36-19.57-15.670.00-1.790.000.000.000.00
Net Cash Flow-2.440.75-0.920.62-0.171.73-2.051.83-2.760.06-0.030.01
Free Cash Flow25.440.39-3.24-0.7719.2817.18-2.1825.7831.6238.93-6.66-0.80
CFO/OP516%-59%1,054%-90%206%160%102%91%96%65%154%207%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days25.570.000.000.000.000.000.000.000.00109.500.00
Inventory Days
Days Payable
Cash Conversion Cycle25.570.000.000.000.000.000.000.000.00109.500.00
Working Capital Days-2,762.57-11,974.49-9,898.15-6,366.33-1,316.05-926.99-334.37-248.442.722,290.38197,465.00
ROCE %481.94%146.60%2.48%1.33%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.08%68.08%68.08%68.08%68.08%68.08%68.08%70.00%72.04%72.04%72.04%72.04%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.41%0.00%0.00%0.00%0.00%
DIIs0.06%0.06%0.06%0.06%0.06%0.09%0.09%0.09%0.09%0.09%0.09%0.09%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public31.85%31.86%31.85%31.85%31.85%31.82%31.82%29.49%27.86%27.85%27.86%27.86%
No. of Shareholders12,67514,56816,17122,45422,35022,11821,77321,27920,89720,40919,92719,544

Fundamentals

Market Cap₹ 127 Cr.
Current Price₹ 32.6
Stock P/E29.6
Book Value₹ 29.5
ROCE1.33 %
ROE0.01 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-98%
Compounded Profit Growth (TTM)87%
Standalone figures.
Valuation
Market capRs 125 Cr
Enterprise valueRs 74 Cr
P/E (TTM)29.59x
Price to book1.09x
Price to sales12546.30x
EV / EBITDA14.24x
EV / EBIT14.46x
EV / sales7360.30x
Earnings yield3.38%
P/E, 3-year average37.80x
P/B, 3-year average2.59x
P/E, 5-year average23.63x
P/B, 5-year average2.22x
Profitability
Operating margin (excl. other income)-28200.00%
Operating margin (incl. other income)51400.00%
EBITDA margin51700.00%
Pre-tax margin50900.00%
Net profit margin42400.00%
ROE3.70%
ROCE4.47%
ROA3.58%
ROE, 3-year average42.55%
ROCE, 3-year average51.34%
ROA, 3-year average32.82%
ROE, 5-year average79.16%
ROCE, 5-year average158.94%
ROA, 5-year average54.71%
ROIC (approx.)6.64%
Tax rate17.39%
Other income / net worth6.91%
Growth
Sales growth (latest year)-97.50%
Profit growth (latest year)83.33%
Sales CAGR, 3 years-93.91%
Profit CAGR, 3 years-50.68%
Profit growth QoQ0.00%
Profit growth YoY (latest quarter)8.24%
Per share
EPS (TTM)Rs 1.09
EPS (latest year)Rs 1.07
EPS (latest quarter)Rs 0.24
EPS, 3-year averageRs 7.59
EPS, 5-year averageRs 7.65
Book value per shareRs 29.54
Sales per shareRs 0.00
Cash flow per shareRs -1.64
Free cash flow per shareRs -0.21
Efficiency
Asset turnover0.00x
Fixed asset turnover0.25x
Inventory turnover0.01x
Inventory days49092 days
Cash conversion cycle0 days
Working capital days197465 days
Leverage
Cash and bankRs 52 Cr
Net debtRs -52 Cr
Net debt / EBITDA-10.03x
Owners' fund to total sources97.39%
Cash flow
Cash from Operating Activity (latest year)Rs -6 Cr
Cash from Investing Activity (latest year)Rs 6 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
Cash from ops / profit, 5 years0.59x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 8 Cr
Share capitalRs 4 Cr
ReservesRs 111 Cr
Shareholders' fundsRs 115 Cr
Total assetsRs 118 Cr
Net blockRs 0 Cr
InvestmentsRs 43 Cr
InventoryRs 5 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)3.90
Ownership
Promoter holding72.04% (+2.04 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 29.6 is at the 75th percentile of its own 7.3-year range (median 4.9, low 1.1, high 116.8).
P/B 1.09 is at the 2th percentile (median 2.39).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period503816Nifty 50Difference
1 week-2.2%-2.8% +0.6 pts
1 month-15.3%-6.8% -8.5 pts
3 months-9.6%-7.6% -2.0 pts
3 years-28.2%+14.2% -42.4 pts
5 years+746.6%+27.9% +718.7 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was 35% of net profit over the last 3 years
lookInventory outrunning sales Inventory grew 48% vs sales -98% in 2026
lookProfit leans on other income Other income was 157% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹0 Cr. Net profit ₹1 Cr +8.2%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Swadeshi Polytex Ltd?

Swadeshi Polytex Ltd (503816) has a market capitalisation of Rs 127 Cr. at the 2026-10-01 close.

What is the P/E ratio of Swadeshi Polytex Ltd?

Swadeshi Polytex Ltd trades at a P/E of 29.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Swadeshi Polytex Ltd's latest quarterly results?

In the Jun 2026 quarter, Swadeshi Polytex Ltd sales was Rs 0 Cr and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03