Akshar Spintex Limited
NSE: AKSHAR · Other Textile Products · sector
₹0.42NSE close 2026-10-26
Key numbers
Market cap₹37 cr
Price₹0.42
52w high / low₹1 / ₹0
P/E–Sector median 13.7x
P/B0.5xSector median 1.1x
Book value₹0.9
Dividend yield–Sector median 0.51%
ROE-6.6%Sector median 5.4%
ROCE-5.8%Sector median 7.5%
OPM-1.6%Sector median 6.6%
Debt / equity0.06xSector median 0.43x
EV/EBITDA–Sector median 9.6x
Interest cover-13.5x
Current ratio4.48x
Sales growth 3y-4.7%Sector median +0.6%
Profit growth 3y–Sector median +1.1%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹5 cr (FY26): borrowings are higher by ₹4 cr.
- Operating profit covered interest -13.5x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Net loss in 7 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹0.42 on 2026-10-26: -33.3% from the 52-week high, +16.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1.66 · low ₹0.37
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 26 | 31 | 26 | 22 | 34 | 34 | 30 |
| EBITDA | -1 | -2 | -1 | -1 | -0 | -5 | 1 | 2 |
| OPM % | -5.6% | -8.7% | -2.7% | -2.0% | -1.2% | -14.8% | 3.5% | 7.3% |
| Other income | 0 | 0 | 1 | 0 | 0 | 2 | 1 | 1 |
| Net profit | -2 | -2 | -1 | -1 | -2 | -4 | -0 | 1 |
| EPS (₹) | -0.05 | -0.03 | -0.01 | 0.02 | -0.02 | -0.05 | 0.00 | 0.01 |
| Revenue YoY | -3.7% | +32.3% | +12.5% | +14.3% | ||||
| Profit YoY | – | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 172 | 136 | 175 | 117 | 117 | 121 |
| EBITDA | 13 | -1 | 8 | -2 | -5 | -2 |
| Net profit | 0 | -3 | 3 | -4 | -7 | -6 |
| EPS (₹) | 0.23 | -0.09 | 0.12 | -0.08 | -0.09 | -0.06 |
| Revenue growth | -21.3% | +29.1% | -33.3% | +0.4% | +14.2% | |
| Profit growth | – | – | -228.6% | – | – | |
| Dividend / share (₹) | – | – | 0.01 | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -4.7% | – | +14.2% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -36.1% (2y) | -28.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 41 | 44 | 88 | 81 |
| Borrowings | – | 18 | 19 | 6 | 5 |
| Cash & equivalents | – | 0 | 0 | 3 | 1 |
| Total assets | – | 76 | 74 | 98 | 96 |
| Fixed assets | – | 39 | 39 | 37 | 40 |
| Capital work in progress | – | 0 | 0 | – | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 12 | 5 | 8 | 5 |
| Inventory | – | 17 | 24 | 43 | 39 |
| Payables | – | 15 | 8 | 2 | 8 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 2 | 10 | 5 | -29 | 8 |
| Cash from investing | -0 | -0 | -4 | -3 | -8 |
| Cash from financing | -2 | -10 | -0 | 35 | -1 |
| Capex | 0 | 0 | 5 | 0 | 0 |
| Free cash flow | 2 | 10 | 0 | -29 | 8 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -6.8% | 7.9% | -5.0% | -9.1% |
| ROCE % | – | -4.2% | 10.1% | -5.1% | -9.0% |
| Debtor days | – | 33 | 10 | 24 | 16 |
| Inventory days | – | 53 | 60 | 155 | 139 |
| Payable days | – | 45 | 21 | 8 | 29 |
| Cash conversion cycle (days) | – | 41 | 49 | 171 | 126 |
| Working capital days | – | 23 | 25 | 162 | 125 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 0.27% |
| Public (non-institutions) | 99.73% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% |
| Promoter group | % |
|---|---|
| Harikrushna Shamjibhai Chauhan | 0.11% |
| Rekhaben Harikrushnabhai Chauhan | 0.09% |
| Harikrishna Shamjibhai Chauhan (HUF) | 0.06% |
| Amit Vallabhbhai Gadhiya | 0.01% |
| Narmadaben Shamjibhai Chauhan | 0.00% |
| Nayan Vallabhbhai Gadhiya | 0.00% |
| Kantaben Vallabhbhai Gadhiya | 0.00% |
| Pooja Amit Gadhiya | 0.00% |
| White Cott Fabrics (Pooja Amit Gadhiya) | 0.00% |
| Public holders above 1% | % |
|---|---|
| Abhijeet Agarwal | 3.52% |
| JR Seamless Private Limited | 1.90% |
| Ankit Jain | 1.51% |
1,38,894 shareholders. Pledged: – of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| AKSHAR | ₹37 cr | – | 0.5x | -6.6% | -5.8% | -1.6% | -4.7% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2024-08-23 | Rights | Rights 13:8 @ Premium Rs 0/- |
| 2024-02-15 | Bonus | Bonus 1:5 |
| 2024-01-24 | Other | Extra Ordinary General Meeting |
| 2024-01-04 | Dividend | Interim Dividend - Re 0.01 Per Share |
| 2023-09-22 | Other | Annual General Meeting |
| 2023-07-31 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2022-09-21 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | AKSHAR |
| BSE code | 541303 |
| ISIN | INE256Z01025 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.