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 | 22.01 | 21.98 | 27.81 | 20.01 | 25.85 | 24.06 | 33.17 | 24.66 | 26.94 | 30.75 | 36.68 | 24.98 |
| Expenses | 22.27 | 22.71 | 26.32 | 19.23 | 25.78 | 24.13 | 26.95 | 23.45 | 25.54 | 29.01 | 33.00 | 25.35 |
| Operating Profit | -0.26 | -0.73 | 1.49 | 0.78 | 0.07 | -0.07 | 6.22 | 1.21 | 1.40 | 1.74 | 3.68 | -0.37 |
| OPM % | -1.18% | -3.32% | 5.36% | 3.90% | 0.27% | -0.29% | 18.75% | 4.91% | 5.20% | 5.66% | 10.03% | -1.48% |
| Other Income | 0.02 | 0.01 | 0.95 | 0.01 | 0.01 | 0.01 | 2.19 | 1.09 | 4.85 | 0.75 | 0.13 | 0.10 |
| Interest | 1.10 | 1.20 | 1.01 | 1.04 | 1.00 | 0.68 | 1.64 | 1.09 | 1.05 | 0.95 | 2.45 | 1.24 |
| Depreciation | 0.53 | 0.53 | 0.53 | 0.50 | 0.51 | 0.51 | 0.89 | 1.56 | 1.35 | 1.28 | 1.19 | 1.14 |
| Profit before tax | -1.87 | -2.45 | 0.90 | -0.75 | -1.43 | -1.25 | 5.88 | -0.35 | 3.85 | 0.26 | 0.17 | -2.65 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Net Profit | -1.87 | -2.44 | 0.90 | -0.76 | -1.43 | -1.25 | 5.88 | -0.34 | 3.85 | 0.25 | 0.17 | -2.65 |
| EPS in Rs | -0.45 | -0.59 | 0.22 | -0.18 | -0.35 | -0.30 | 1.43 | -0.08 | 0.94 | 0.06 | 0.04 | -0.64 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | -0 | -0 | 39 | 47 | 115 | 78 | 96 | 103 | 119 | 119 |
| Expenses | 9 | 6 | 4 | 1 | 38 | 40 | 99 | 80 | 95 | 95 | 111 | 113 |
| Operating Profit | -8 | -6 | -4 | -1 | 1 | 7 | 17 | -1 | 1 | 8 | 8 | 6 |
| OPM % | -2,179% | -3,606% | 3.5% | 15% | 14% | -1.8% | 0.9% | 7% | 7% | 5% | ||
| Other Income | 0 | -4 | -29 | -2 | -5 | 1 | 2 | 0 | 1 | 2 | 7 | 6 |
| Interest | 3 | 0 | 1 | 1 | 4 | 5 | 4 | 4 | 5 | 4 | 6 | 6 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 5 | 5 |
| Profit before tax | -15 | -13 | -37 | -7 | -10 | 2 | 12 | -7 | -5 | 2 | 4 | 2 |
| Tax % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | |
| Net Profit | -15 | -13 | -37 | -7 | -10 | 2 | 12 | -7 | -5 | 2 | 4 | 2 |
| EPS in Rs | -3.65 | -3.17 | -8.89 | -1.72 | -2.39 | 0.45 | 2.92 | -1.67 | -1.18 | 0.60 | 0.95 | 0.40 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 77% | 21% | 15% | 11% | ||
| Compounded Profit Growth | 9% | 14% | 37% | -43% | ||
| Stock Price CAGR | -3% | % | % | % | ||
| Return on Equity | % | 2% | 0% | 9% |
| 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 | 21 | 21 | 21 | 21 | 21 | 21 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | -77 | -92 | -106 | -142 | -24 | 13 | 38 | 50 | 43 | 37 | 40 | 44 |
| Borrowings | 62 | 62 | 61 | 62 | 34 | 47 | 48 | 45 | 51 | 43 | 73 | 65 |
| Other Liabilities | 73 | 81 | 88 | 92 | 2 | 6 | 6 | 4 | 4 | 9 | 13 | 24 |
| Total Liabilities | 77 | 71 | 65 | 32 | 32 | 86 | 95 | 101 | 100 | 91 | 128 | 136 |
| Fixed Assets | 42 | 38 | 35 | 31 | 29 | 76 | 79 | 80 | 81 | 77 | 104 | 95 |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 |
| Other Assets | 36 | 33 | 29 | 1 | 3 | 10 | 15 | 21 | 19 | 14 | 24 | 41 |
| Total Assets | 77 | 71 | 65 | 32 | 32 | 86 | 95 | 101 | 100 | 91 | 128 | 136 |
| 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 | 3 | 2 | 4 | -0 | -94 | -2 | 3 | 10 | 1 | 11 | 1 | 6 |
| Cash from Investing Activity | -1 | 0 | 0 | -0 | -1 | -6 | -5 | -3 | -3 | 1 | -28 | 8 |
| Cash from Financing Activity | -2 | -2 | -4 | 0 | 96 | 8 | 2 | -8 | 2 | -12 | 27 | -14 |
| Net Cash Flow | 0 | 0 | -0 | 0 | 1 | -0 | 0 | -1 | -0 | -0 | 0 | 0 |
| Free Cash Flow | 2 | 2 | 4 | -0 | -96 | -8 | -2 | 7 | -2 | 11 | -26 | 14 |
| CFO/OP | -35% | -24% | -70% | 1% | 12,265% | -161% | 47% | 63% | -52% | 1,354% | 16% | 76% |
| 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 | 9 | 777 | -0 | 13 | 42 | 26 | 38 | 14 | 42 | 52 | ||
| Inventory Days | 20 | 222 | 706 | 66 | 82 | 47 | 46 | 37 | 45 | 87 | ||
| Days Payable | 975 | 44,633 | 158,240 | 69 | 57 | 12 | 11 | 34 | 50 | 100 | ||
| Cash Conversion Cycle | -946 | -43,634 | -157,534 | 10 | 67 | 61 | 73 | 18 | 37 | 40 | ||
| Working Capital Days | -602 | -63,725 | -235,334 | -94 | -78 | -9 | -69 | -81 | -125 | -89 | ||
| ROCE % | -157% | -2% | 8% | 18% | -3% | -0% | 5% | 8% |
| 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 | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% |
| Public | 49.02% | 49.02% | 49.03% | 49.03% | 49.03% | 49.03% | 49.03% | 49.03% | 49.03% | 49.03% | 49.04% | 49.04% |
| No. of Shareholders | 17,326 | 17,326 | 17,324 | 17,324 | 17,324 | 17,324 | 17,322 | 17,321 | 17,320 | 17,319 | 17,319 | 17,319 |
Fundamentals
Market Cap₹ 2.84 Cr.
Current Price₹ 0.69
Stock P/E1.75
Book Value₹ 10.5
ROCE8.33 %
ROE8.86 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-43%
Standalone figures.
Valuation
Market capRs 3 Cr
Enterprise valueRs 68 Cr
P/E (TTM)1.78x
Price to book0.06x
Price to sales0.02x
EV / EBITDA5.53x
EV / EBIT9.27x
EV / sales0.57x
Price to cash flow0.47x
Earnings yield56.23%
P/E, 3-year average0.12x
P/B, 3-year average0.01x
P/E, 5-year average0.07x
P/B, 5-year average0.01x
Profitability
Operating margin (excl. other income)6.75%
Operating margin (incl. other income)12.47%
EBITDA margin10.29%
Pre-tax margin1.37%
Net profit margin1.36%
Net margin, latest quarter-10.61%
ROE8.86%
ROCE8.33%
ROA2.98%
ROE, 3-year average1.11%
ROCE, 3-year average4.96%
ROA, 3-year average0.05%
ROE, 5-year average3.05%
ROCE, 5-year average5.90%
ROA, 5-year average1.12%
ROIC (approx.)6.59%
Other income / net worth14.76%
Growth
Sales growth (latest year)15.47%
Profit growth (latest year)60.41%
Sales CAGR, 3 years15.07%
Sales CAGR, 5 years20.59%
Profit CAGR, 5 years16.01%
Sales growth QoQ-31.90%
Profit growth QoQ-1658.82%
Sales growth YoY (latest quarter)1.30%
Per share
EPS (TTM)Rs 0.39
EPS (latest quarter)Rs -0.64
EPS, 3-year averageRs -2.90
EPS, 5-year averageRs 1.68
Book value per shareRs 11.21
Sales per shareRs 29.00
Cash flow per shareRs 1.48
Free cash flow per shareRs 3.40
Efficiency
Asset turnover0.88x
Fixed asset turnover1.26x
Inventory turnover4.18x
Inventory days87 days
Debtor days52 days
Debtors turnover6.97x
Creditor days100 days
Cash conversion cycle40 days
Working capital days-89 days
Leverage
Total debtRs 65 Cr
Cash and bankRs 0 Cr
Net debtRs 65 Cr
Debt to equity1.41x
Net debt / EBITDA5.29x
Interest coverage1.29x
Owners' fund to total sources33.99%
Debt to assets48.10%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs 8 Cr
Cash from Financing Activity (latest year)Rs -14 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 14 Cr
FCFE (approx.: FCF + change in debt)Rs 6 Cr
Cash from ops / profit, 5 years4.83x
Sales to cash flow19.51x
Statement figures
Net sales (TTM)Rs 119 Cr
Net sales (latest year)Rs 119 Cr
Sales (latest quarter)Rs 25 Cr
Operating profit excl. other income (latest year)Rs 8 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 2 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs -3 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 81 Cr
Total expenditure (latest year)Rs 111 Cr
Total income (latest year)Rs 126 Cr
Share capitalRs 2 Cr
ReservesRs 44 Cr
Shareholders' fundsRs 46 Cr
Total assetsRs 136 Cr
Net blockRs 95 Cr
InvestmentsRs 0 Cr
ReceivablesRs 17 Cr
InventoryRs 19 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)4.12
Ownership
Promoter holding50.96% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | ASIL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.7% | -2.8% | -3.9 pts |
| 1 month | -6.7% | -6.8% | +0.1 pts |
| 3 months | -12.5% | -7.6% | -4.9 pts |
| 6 months | -51.7% | +0.4% | -52.1 pts |
| 1 year | +75.0% | -9.9% | +84.9 pts |
| 2 years | -83.5% | -13.6% | -70.0 pts |
| 3 years | -54.8% | +14.2% | -69.0 pts |
| 5 years | -46.2% | +27.9% | -74.0 pts |
Red flags
F-score 7 of 8| explain | Receivables outrunning sales Receivables grew 45% vs sales +15% in 2026 |
| look | Inventory outrunning sales Inventory grew 115% vs sales +15% in 2026 |
| look | Profit leans on other income Other income was 173% 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 2026Sales ₹25 Cr +1.3% vs Jun 2025.
Net loss ₹3 Cr.
Activity
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| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
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No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-20 | Annual General Meeting | |
| 2023-09-22 | Annual General Meeting | |
| 2022-09-23 | Annual General Meeting | |
| 2021-09-22 | Annual General Meeting | |
| 2020-09-22 | Annual General Meeting | |
| 2019-09-12 | Annual General Meeting | |
| 2018-09-19 | Annual General Meeting | |
| 2017-09-19 | Annual General Meeting | |
| 2016-09-21 | Annual General Meeting | |
| 2015-09-23 | Annual General Meeting | |
| 2014-09-04 | Annual General Meeting | |
| 2013-09-23 | Annual General Meeting | |
| 2012-09-24 | Annual General Meeting | |
| 2011-09-13 | Annual General Meeting | |
| 2010-09-23 | Annual General Meeting | |
| 2009-09-24 | Annual General Meeting | |
| 2008-08-05 | Annual General Meeting | |
| 2007-08-06 | Agm | |
| 2006-07-20 | Agm |
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 Girnar Spintex Industries Ltd?
Girnar Spintex Industries Ltd (ASIL) has a market capitalisation of Rs 2.84 Cr. at the 2017-08-02 close.
What is the P/E ratio of Girnar Spintex Industries Ltd?
Girnar Spintex Industries Ltd trades at a P/E of 1.75 on trailing twelve-month profit, at the 2017-08-02 close.
What were Girnar Spintex Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Girnar Spintex Industries Ltd sales was Rs 25 Cr (+1.3% vs Jun 2025) with a net loss of Rs 3 Cr.