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 | 42.12 | 35.44 | 47.32 | 44.22 | 48.07 | 35.98 | 41.04 | 37.56 | 30.44 | 34.26 | 36.87 | 38.10 |
| Expenses | 41.32 | 34.87 | 45.40 | 43.36 | 47.10 | 36.09 | 40.37 | 36.49 | 29.07 | 33.63 | 34.26 | 33.57 |
| Operating Profit | 0.80 | 0.57 | 1.92 | 0.86 | 0.97 | -0.11 | 0.67 | 1.07 | 1.37 | 0.63 | 2.61 | 4.53 |
| OPM % | 1.90% | 1.61% | 4.06% | 1.94% | 2.02% | -0.31% | 1.63% | 2.85% | 4.50% | 1.84% | 7.08% | 11.89% |
| Other Income | 0.16 | 0.08 | 0.43 | 0.15 | 0.12 | 0.57 | 0.51 | 0.10 | 0.23 | 0.39 | 0.49 | 0.52 |
| Interest | 0.28 | 0.13 | 0.31 | 0.33 | 0.29 | 0.26 | 0.35 | 0.16 | 0.13 | 0.08 | 0.03 | 0.02 |
| Depreciation | 1.70 | 1.70 | 1.69 | 1.66 | 1.68 | 1.71 | 1.70 | 1.67 | 1.75 | 1.83 | 1.71 | 1.64 |
| Profit before tax | -1.02 | -1.18 | 0.35 | -0.98 | -0.88 | -1.51 | -0.87 | -0.66 | -0.28 | -0.89 | 1.36 | 3.39 |
| Tax % | -11.76% | -22.03% | -28.57% | -13.27% | -18.18% | -2.65% | -11.49% | -6.06% | -42.86% | -20.22% | -3.68% | 16.52% |
| Net Profit | -0.90 | -0.92 | 0.45 | -0.85 | -0.72 | -1.47 | -0.77 | -0.62 | -0.16 | -0.71 | 1.41 | 2.83 |
| EPS in Rs | -1.04 | -1.06 | 0.52 | -0.98 | -0.83 | -1.70 | -0.89 | -0.72 | -0.19 | -0.82 | 1.63 | 3.27 |
| 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 | 170 | 169 | 175 | 164 | 139 | 213 | 159 | 158 | 169 | 139 | 140 |
| Expenses | 0 | 148 | 153 | 156 | 152 | 119 | 183 | 161 | 155 | 167 | 133 | 131 |
| Operating Profit | 0 | 21 | 16 | 20 | 12 | 20 | 30 | -2 | 3 | 2 | 6 | 9 |
| OPM % | 13% | 10% | 11% | 7% | 15% | 14% | -1.1% | 1.7% | 1.3% | 4.1% | 7% | |
| Other Income | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 2 |
| Interest | 0 | 6 | 6 | 8 | 6 | 3 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 0 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 7 |
| Profit before tax | 0 | 10 | 6 | 8 | 2 | 12 | 24 | -7 | -4 | -4 | -0 | 4 |
| Tax % | 57% | 35% | 13% | 24% | 30% | 28% | -4% | -17% | -10% | -81% | ||
| Net Profit | 0 | 4 | 4 | 7 | 1 | 9 | 18 | -7 | -3 | -4 | -0 | 3 |
| EPS in Rs | 4.48 | 7.64 | 1.32 | 9.89 | 20.44 | -8.29 | -3.76 | -4.41 | -0.10 | 3.89 | ||
| Dividend Payout % | 0% | 31% | 18% | 0% | 10% | 6% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 0% | -4% | -14% | ||
| Compounded Profit Growth | % | % | 24% | 194% | ||
| Stock Price CAGR | % | -6% | -6% | -15% | ||
| Return on Equity | 3% | 0% | -3% | -1% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 75 | 69 | 74 | 74 | 82 | 99 | 91 | 88 | 84 | 84 |
| Borrowings | 0 | 67 | 57 | 54 | 40 | 4 | 8 | 0 | 10 | 10 | 0 |
| Other Liabilities | 0 | 24 | 24 | 19 | 18 | 20 | 16 | 16 | 16 | 16 | 15 |
| Total Liabilities | 0 | 167 | 159 | 155 | 141 | 115 | 132 | 116 | 123 | 119 | 108 |
| Fixed Assets | 0 | 83 | 81 | 80 | 76 | 70 | 66 | 65 | 64 | 60 | 55 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Other Assets | 0 | 84 | 78 | 75 | 65 | 44 | 66 | 47 | 58 | 58 | 52 |
| Total Assets | 0 | 167 | 159 | 155 | 141 | 115 | 132 | 116 | 123 | 119 | 108 |
| 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 | 0 | 7 | 19 | 18 | 16 | 43 | -3 | 27 | -17 | 4 | 16 |
| Cash from Investing Activity | 0 | -6 | -5 | -3 | -1 | -0 | -1 | -8 | -3 | -3 | -1 |
| Cash from Financing Activity | 0 | 2 | -18 | -12 | -20 | -39 | 2 | -10 | 10 | -2 | -10 |
| Net Cash Flow | 0 | 3 | -3 | 3 | -4 | 3 | -2 | 9 | -10 | -0 | 5 |
| Free Cash Flow | 0 | 1 | 14 | 14 | 15 | 42 | -4 | 19 | -20 | 1 | 14 |
| CFO/OP | 41% | 130% | 108% | 144% | 228% | 11% | -1,648% | -670% | 183% | 284% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44 | 43 | 56 | 59 | 28 | 26 | 33 | 46 | 58 | 32 | |
| Inventory Days | 154 | 144 | 123 | 105 | 108 | 116 | 43 | 94 | 72 | 107 | |
| Days Payable | 33 | 48 | 23 | 22 | 29 | 6 | 14 | 16 | 17 | 19 | |
| Cash Conversion Cycle | 165 | 139 | 156 | 141 | 107 | 136 | 62 | 123 | 113 | 120 | |
| Working Capital Days | -11 | 6 | 8 | 21 | 52 | 72 | 49 | 72 | 68 | 83 | |
| ROCE % | 23% | 9% | 11% | 6% | 14% | 24% | -7% | -3% | -3% | -1% |
| 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 | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% |
| FIIs | 0.36% | 0.36% | 0.36% | 0.37% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 24.71% | 24.70% | 24.70% | 24.69% | 24.73% | 24.74% | 24.75% | 24.73% | 24.74% | 24.75% | 24.75% | 24.74% |
| No. of Shareholders | 10,072 | 10,259 | 9,783 | 10,080 | 10,186 | 9,883 | 9,695 | 8,461 | 8,301 | 8,071 | 7,968 | 7,826 |
Fundamentals
Market Cap₹ 50.1 Cr.
Current Price₹ 58.0
Stock P/E14.9
Book Value₹ 107
ROCE-0.73 %
ROE-0.80 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)194%
Standalone figures.
Valuation
Market capRs 49 Cr
Enterprise valueRs 44 Cr
P/E (TTM)14.51x
Price to book0.53x
Price to sales0.35x
EV / EBITDA4.07x
EV / EBIT11.42x
EV / sales0.31x
Price to cash flow3.01x
Earnings yield6.89%
P/B, 3-year average0.61x
P/E, 5-year average5.00x
P/B, 5-year average0.65x
Profitability
Operating margin (excl. other income)4.09%
Operating margin (incl. other income)4.96%
EBITDA margin7.71%
Pre-tax margin2.56%
Net profit margin2.41%
Net margin, latest quarter7.43%
ROE-0.10%
ROCE-0.06%
ROA-0.08%
ROE, 3-year average-2.48%
ROCE, 3-year average-2.01%
ROA, 3-year average-1.99%
ROE, 5-year average0.69%
ROCE, 5-year average2.40%
ROA, 5-year average0.52%
ROIC (approx.)0.84%
Tax rate80.85%
Other income / net worth1.31%
Growth
Sales growth (latest year)-17.82%
Sales CAGR, 3 years-4.36%
Sales CAGR, 5 years0.03%
Sales growth QoQ3.34%
Profit growth QoQ100.71%
Sales growth YoY (latest quarter)1.44%
Per share
EPS (TTM)Rs 3.90
EPS (latest year)Rs -0.10
EPS (latest quarter)Rs 3.27
EPS, 3-year averageRs -2.76
EPS, 5-year averageRs 0.78
Book value per shareRs 107.03
Sales per shareRs 161.62
Cash flow per shareRs 18.79
Free cash flow per shareRs 16.20
Dividend per share, 5-year averageRs 1.20
Dividends
Dividend payout, 5-year average5.89%
Efficiency
Asset turnover1.29x
Fixed asset turnover2.52x
Inventory turnover3.92x
Inventory days93 days
Debtor days32 days
Debtors turnover11.36x
Creditor days19 days
Cash conversion cycle120 days
Working capital days83 days
Leverage
Cash and bankRs 5 Cr
Net debtRs -5 Cr
Net debt / EBITDA-0.47x
Interest coverage14.77x
Owners' fund to total sources86.03%
Cash flow
Cash from Operating Activity (latest year)Rs 16 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -10 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs 14 Cr
Cash from ops / profit, 5 years6.75x
Sales to cash flow8.57x
Statement figures
Net sales (TTM)Rs 140 Cr
Net sales (latest year)Rs 139 Cr
Sales (latest quarter)Rs 38 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 11 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 115 Cr
Total expenditure (latest year)Rs 133 Cr
Total income (latest year)Rs 140 Cr
Share capitalRs 9 Cr
ReservesRs 84 Cr
Shareholders' fundsRs 92 Cr
Total assetsRs 108 Cr
Net blockRs 55 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 1 Cr
ReceivablesRs 12 Cr
InventoryRs 29 Cr
Other liabilitiesRs 15 Cr
Shares outstanding (crore)0.86
Ownership
Promoter holding74.93% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.5 is at the 73th percentile of its own 5.6-year range
(median 10.3, low 2.9, high 49.5).
P/B 0.53 is at the 26th percentile (median 0.63).
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 | SHIVAMILLS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.1% | -2.8% | -4.3 pts |
| 1 month | -9.2% | -6.8% | -2.4 pts |
| 3 months | -8.7% | -7.6% | -1.1 pts |
| 6 months | +25.8% | +0.4% | +25.4 pts |
| 1 year | -21.5% | -9.9% | -11.5 pts |
| 2 years | -39.2% | -13.6% | -25.7 pts |
| 3 years | -22.4% | +14.2% | -36.5 pts |
| 5 years | -35.2% | +27.9% | -63.1 pts |
Red flags
F-score 6 of 8| look | Inventory outrunning sales Inventory grew 14% vs sales -18% in 2026 |
| 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 ₹38 Cr +1.4% vs Jun 2025.
Net profit ₹3 Cr +556.5%.
Against our estimate for Jun 2026: sales +9.6%, profit +848.3% big beat. Our estimate for Sep 2026: sales Rs 29 Cr, profit Rs 0 Cr (how).
Activity
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|---|---|---|---|
| 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 |
|---|---|---|
| 2024-08-14 | Annual General Meeting | |
| 2023-09-14 | Annual General Meeting | |
| 2022-08-17 | Annual General Meeting/Dividend - Rs 1.20 Per Share | |
| 2021-09-09 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2019-08-08 | Annual General Meeting/Dividend - Rs 1.40 Per Share | |
| 2018-09-14 | Annual General Meeting/Dividend Rs 1.40 Per Share |
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.
Less than 100 unique PAN traded in previous 30 days
Quick answers
What is the market cap of Shiva Mills Ltd?
Shiva Mills Ltd (SHIVAMILLS) has a market capitalisation of Rs 50.1 Cr. at the 2026-10-01 close.
What is the P/E ratio of Shiva Mills Ltd?
Shiva Mills Ltd trades at a P/E of 14.9 on trailing twelve-month profit, at the 2026-10-01 close.
What were Shiva Mills Ltd's latest quarterly results?
In the Jun 2026 quarter, Shiva Mills Ltd sales was Rs 38 Cr (+1.4% vs Jun 2025) and net profit was Rs 3 Cr.
What is the 52-week high and low of Shiva Mills Ltd?
The 52-week high is Rs 74.00 and the 52-week low is Rs 43.01.