Price
Financials
Standalone, Rs crore| 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 | 43.57 | 44.80 | 48.13 | 37.02 | 23.19 | 25.97 | 30.58 | 26.19 | 22.34 | 34.35 | 34.40 | 29.93 |
| Expenses | 41.74 | 42.99 | 45.79 | 35.07 | 24.48 | 28.21 | 31.41 | 26.71 | 22.61 | 39.42 | 33.19 | 27.74 |
| Operating Profit | 1.83 | 1.81 | 2.34 | 1.95 | -1.29 | -2.24 | -0.83 | -0.52 | -0.27 | -5.07 | 1.21 | 2.19 |
| OPM % | 4.20% | 4.04% | 4.86% | 5.27% | -5.56% | -8.63% | -2.71% | -1.99% | -1.21% | -14.76% | 3.52% | 7.32% |
| Other Income | 0.86 | 0.52 | 0.70 | 0.64 | 0.39 | 0.39 | 0.85 | 0.50 | 0.47 | 1.62 | 1.22 | 0.57 |
| Interest | 0.36 | 0.29 | 0.39 | 0.36 | 0.32 | 0.28 | 0.13 | 0.12 | 0.11 | 0.10 | 0.09 | 0.07 |
| Depreciation | 1.07 | 1.07 | 1.12 | 1.15 | 1.17 | 1.16 | 1.16 | 1.59 | 1.69 | 1.82 | 1.74 | 1.65 |
| Profit before tax | 1.26 | 0.97 | 1.53 | 1.08 | -2.39 | -3.29 | -1.27 | -1.73 | -1.60 | -5.37 | 0.60 | 1.04 |
| Tax % | 28.57% | 27.84% | 37.25% | 41.67% | -33.05% | -29.18% | -10.24% | -28.32% | 23.12% | -29.42% | 165.00% | 42.31% |
| Net Profit | 0.90 | 0.70 | 0.96 | 0.63 | -1.60 | -2.33 | -1.14 | -1.24 | -1.97 | -3.80 | -0.39 | 0.60 |
| EPS in Rs | 0.01 | 0.01 | 0.01 | 0.01 | -0.02 | -0.03 | -0.01 | -0.02 | -0.03 | -0.05 | -0.00 | 0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58 | 86 | 93 | 101 | 109 | 110 | 172 | 136 | 175 | 117 | 117 | 121 |
| Expenses | 50 | 77 | 85 | 95 | 108 | 104 | 159 | 136 | 167 | 119 | 122 | 123 |
| Operating Profit | 8 | 9 | 8 | 6 | 1 | 5 | 13 | -0 | 8 | -2 | -5 | -2 |
| OPM % | 14% | 10% | 8% | 6% | 0.6% | 4.7% | 8% | -0.3% | 4.4% | -2.0% | -3.9% | -1.6% |
| Other Income | 1 | 0 | 6 | 4 | 2 | 1 | 3 | 2 | 3 | 2 | 4 | 4 |
| Interest | 2 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 7 | 7 |
| Profit before tax | 3 | 3 | 8 | 4 | -5 | -0 | 10 | -4 | 5 | -6 | -8 | -5 |
| Tax % | 23% | 4% | -6% | 42% | 25% | -789% | 27% | -34% | 31% | -24% | -9% | |
| Net Profit | 3 | 3 | 9 | 2 | -6 | 1 | 7 | -3 | 3 | -4 | -7 | -6 |
| EPS in Rs | 0.04 | 0.03 | 0.11 | 0.03 | -0.07 | 0.02 | 0.09 | -0.04 | 0.04 | -0.06 | -0.09 | -0.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 7% | 1% | -5% | 14% | ||
| Compounded Profit Growth | % | % | % | 12% | ||
| Stock Price CAGR | % | -46% | -71% | -29% | ||
| Return on Equity | 1% | -2% | -5% | -11% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 | 30 | 79 | 79 |
| Reserves | -1 | 2 | 2 | 11 | 16 | 10 | 11 | 18 | 16 | 14 | 9 | 2 |
| Borrowings | 45 | 44 | 42 | 37 | 33 | 28 | 25 | 26 | 18 | 19 | 6 | 5 |
| Other Liabilities | 6 | 4 | 7 | 7 | 11 | 11 | 12 | 24 | 18 | 11 | 4 | 10 |
| Total Liabilities | 70 | 75 | 75 | 79 | 85 | 74 | 73 | 93 | 76 | 74 | 98 | 96 |
| Fixed Assets | 54 | 58 | 56 | 52 | 49 | 50 | 46 | 43 | 39 | 39 | 37 | 40 |
| CWIP | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 17 | 17 | 19 | 26 | 31 | 24 | 27 | 50 | 37 | 34 | 61 | 56 |
| Total Assets | 70 | 75 | 75 | 79 | 85 | 74 | 73 | 93 | 76 | 74 | 98 | 96 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 10 | 12 | 6 | 7 | 9 | 8 | 6 | 3 | 10 | 5 | -32 | 2 |
| Cash from Investing Activity | -44 | -8 | -1 | -0 | -5 | -0 | -1 | -1 | -0 | -4 | -2 | -8 |
| Cash from Financing Activity | 35 | -5 | -5 | -7 | -3 | -8 | -6 | -2 | -10 | -0 | 35 | -1 |
| Net Cash Flow | 1 | -2 | -0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 1 | -7 |
| Free Cash Flow | -33 | 3 | 4 | 7 | 3 | 8 | 6 | 2 | 10 | 0 | -34 | -6 |
| CFO/OP | 469% | 151% | 69% | 91% | 152% | 1,161% | 123% | 30% | -2,329% | 63% | 1,331% | -39% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 13 | 24 | 20 | 18 | 15 | 10 | 2 | 33 | 10 | 24 | 16 |
| Inventory Days | 153 | 78 | 56 | 63 | 61 | 40 | 65 | 88 | 53 | 60 | 155 | 139 |
| Days Payable | 106 | 11 | 21 | 17 | 27 | 21 | 31 | 36 | 45 | 21 | 8 | 29 |
| Cash Conversion Cycle | 97 | 80 | 60 | 66 | 52 | 34 | 44 | 54 | 41 | 50 | 171 | 126 |
| Working Capital Days | -33 | 28 | 5 | 28 | 31 | 1 | 15 | 26 | 23 | 25 | 154 | 121 |
| ROCE % | 9% | 8% | 15% | 9% | -2% | 4% | 19% | -4% | 11% | -6% | -10% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 43.75% | 37.57% | 12.04% | 11.62% | 0.72% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% |
| FIIs | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 56.26% | 62.41% | 87.96% | 88.38% | 99.28% | 99.72% | 99.72% | 99.72% | 99.72% | 99.71% | 99.72% | 99.73% |
| No. of Shareholders | 3,332 | 32,392 | 95,076 | 99,399 | 1,10,102 | 1,34,055 | 1,48,333 | 1,47,891 | 1,47,519 | 1,44,736 | 1,42,952 | 1,41,087 |
Fundamentals
Market Cap₹ 33.1 Cr.
Current Price₹ 0.42
Book Value₹ 1.03
ROCE-10.2 %
ROE-10.6 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)12%
Standalone figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 36 Cr
Price to book0.40x
Price to sales0.27x
EV / EBITDA18.48x
EV / sales0.30x
Price to cash flow17.84x
Earnings yield-17.22%
P/E, 3-year average62.34x
P/B, 3-year average1.91x
P/E, 5-year average33.82x
P/B, 5-year average1.52x
Profitability
Operating margin (excl. other income)-3.92%
Operating margin (incl. other income)-0.67%
EBITDA margin1.60%
Pre-tax margin-4.40%
Net profit margin-4.59%
Net margin, latest quarter2.00%
ROE-8.74%
ROCE-8.49%
ROA-7.62%
ROE, 3-year average-2.43%
ROCE, 3-year average-1.33%
ROA, 3-year average-2.73%
ROE, 5-year average0.76%
ROCE, 5-year average2.23%
ROA, 5-year average-0.60%
ROIC (approx.)-5.36%
Tax rate8.77%
Other income / net worth4.71%
Growth
Sales growth (latest year)0.45%
Sales CAGR, 3 years-4.71%
Sales CAGR, 5 years1.37%
Sales growth QoQ-12.99%
Sales growth YoY (latest quarter)14.28%
Per share
EPS (TTM)Rs -0.07
EPS (latest year)Rs -0.09
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs -0.01
EPS, 5-year averageRs 0.33
Book value per shareRs 1.03
Sales per shareRs 1.54
Cash flow per shareRs 0.02
Free cash flow per shareRs -0.08
Dividend per share, 3-year averageRs 0.01
Dividend per share, 5-year averageRs 0.01
Dividends
Dividend payout, 3-year average8.67%
Dividend payout, 5-year average8.67%
Efficiency
Asset turnover1.22x
Fixed asset turnover2.95x
Inventory turnover2.95x
Inventory days124 days
Debtor days16 days
Debtors turnover22.86x
Creditor days29 days
Cash conversion cycle126 days
Working capital days121 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 1 Cr
Net debtRs 4 Cr
Debt to equity0.06x
Net debt / EBITDA1.84x
Interest coverage-13.41x
Owners' fund to total sources84.44%
Debt to assets5.25%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -7 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs -7 Cr
Sales to cash flow64.80x
Statement figures
Net sales (TTM)Rs 121 Cr
Net sales (latest year)Rs 117 Cr
Sales (latest quarter)Rs 30 Cr
Operating profit excl. other income (latest year)Rs -5 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs -5 Cr
Tax (latest year)Rs -1 Cr
Net profit (TTM)Rs -6 Cr
Net profit (latest year)Rs -7 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 114 Cr
Total expenditure (latest year)Rs 122 Cr
Total income (latest year)Rs 121 Cr
Share capitalRs 79 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 81 Cr
Total assetsRs 96 Cr
Net blockRs 40 Cr
ReceivablesRs 5 Cr
InventoryRs 39 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)78.75
Ownership
Promoter holding0.27% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.40 is at the 3th percentile (median 6.19).
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.
| Period | AKSHAR | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.0% | -2.8% | +2.8 pts |
| 1 month | +0.0% | -6.8% | +6.8 pts |
| 3 months | -8.9% | -7.6% | -1.3 pts |
| 6 months | +7.9% | +0.4% | +7.5 pts |
| 1 year | -28.1% | -9.9% | -18.2 pts |
| 2 years | -75.2% | -13.6% | -61.6 pts |
| 3 years | -92.3% | +14.2% | -106.5 pts |
| 5 years | -95.0% | +27.9% | -122.9 pts |
Red flags
F-score 5 of 8| look | Repeated losses Net loss in each of the last two years |
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 2026Sales ₹30 Cr +14.3% vs Jun 2025.
Net profit ₹1 Cr +148.4%.
Against our estimate for Jun 2026: sales -6.6%, profit +127.6% big beat. Our estimate for Sep 2026: sales Rs 25 Cr, profit Rs -1 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| K P R Mill Ltd | 36,967 | 40.5 | 19.6 % |
| Welspun Living Ltd | 21,277 | 76.5 | 6.26 % |
| Vardhman Textiles Ltd | 15,335 | 18.1 | 8.55 % |
| Trident Ltd | 11,461 | 29.0 | 9.79 % |
| Indo Count Industries Ltd | 8,614 | 57.1 | 8.19 % |
| Garware Technical Fibres Ltd | 7,361 | 33.4 | 22.0 % |
| Kusumgar Ltd | 6,378 | 50.7 | 18.8 % |
| Filatex India Ltd | 4,973 | 25.9 | 19.1 % |
| Jindal Worldwide Ltd | 4,719 | 55.7 | 8.63 % |
| Sanathan Textiles Ltd | 4,352 | 71.6 | 6.89 % |
| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
| Nitin Spinners Ltd | 3,403 | 16.1 | 12.2 % |
| Sangam (India) Ltd | 3,248 | 25.8 | 10.7 % |
| Ganesha Ecosphere Ltd | 2,703 | 47.8 | 5.58 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-20 | Annual General Meeting | |
| 2024-08-23 | Rights 13:8 @ Premium Rs 0/- | |
| 2024-02-15 | Bonus 1:5 | 0.8333 |
| 2024-01-24 | Extra Ordinary General Meeting | |
| 2024-01-04 | Interim Dividend - Re 0.01 Per Share | |
| 2023-09-22 | Annual General Meeting | |
| 2023-07-31 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2022-09-21 | Annual General Meeting |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Shareholder meeting | Voting results. |
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.
EPS in the scrip is zero (4 trailing quarters)
Quick answers
What is the market cap of Akshar Spintex Ltd?
Akshar Spintex Ltd (AKSHAR) has a market capitalisation of Rs 33.1 Cr. at the 2026-10-01 close.
What were Akshar Spintex Ltd's latest quarterly results?
In the Jun 2026 quarter, Akshar Spintex Ltd sales was Rs 30 Cr (+14.3% vs Jun 2025) and net profit was Rs 1 Cr.
What is the 52-week high and low of Akshar Spintex Ltd?
The 52-week high is Rs 0.76 and the 52-week low is Rs 0.36.