Shekhawati Industries Ltd
NSE: SHEKHAWATI · Other Textile Products · sector
₹21.02NSE close 2026-10-26
Key numbers
Market cap₹72 cr
Price₹21.02
52w high / low₹33 / ₹9
P/E8.4xSector median 13.7x
P/B2.7xSector median 1.1x
Book value₹7.7
Dividend yield–Sector median 0.51%
ROE39.1%Sector median 5.4%
ROCE30.2%Sector median 7.5%
OPM10.7%Sector median 6.6%
Debt / equity0.15xSector median 0.43x
EV/EBITDA44.7xSector median 9.6x
Interest cover22.4x
Current ratio5.71x
Sales growth 3y-62.1%Sector median +0.6%
Profit growth 3y–Sector median +1.1%
PEG0.19x
Last 12 months to Sep 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 ₹5 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 22.4x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 1.43 percentage points in a year, to 65.55% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY24).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 104% of net profit in the last 12 months.
- Debtor days went from 57 (FY24) to 11 (FY26).
- No dividend in the last 5 financial years.
- Price ₹21.02 on 2026-10-26: -36.8% from the 52-week high, +130.5% 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 ₹69.82 · low ₹9.99
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 11 | 3 | 3 | 2 | 8 | 2 | 4 |
| EBITDA | 1 | -0 | 2 | 2 | -0 | 4 | -1 | -1 |
| OPM % | 8.8% | -0.1% | 60.0% | 63.7% | -9.8% | 52.3% | -79.6% | -30.7% |
| Other income | 0 | 0 | 1 | 0 | 0 | 1 | 8 | 0 |
| Net profit | 2 | -0 | 3 | 2 | -1 | 5 | 6 | -2 |
| EPS (₹) | 0.44 | -0.05 | 0.82 | 0.54 | -0.15 | 1.34 | 1.85 | -0.54 |
| Revenue YoY | -86.0% | -24.2% | -49.3% | +33.7% | ||||
| Profit YoY | -133.8% | – | +126.7% | -196.8% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 363 | 302 | 77 | 61 | 16 | 16 |
| EBITDA | -17 | -14 | 159 | 5 | 8 | 2 |
| Net profit | -24 | -21 | 154 | 6 | 9 | 9 |
| EPS (₹) | -0.71 | -0.61 | 4.47 | 1.82 | 2.55 | 2.50 |
| Revenue growth | -16.9% | -74.6% | -21.0% | -72.9% | -50.5% | |
| Profit growth | – | – | -95.9% | +40.3% | +43.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -62.1% | -10.5% | -50.5% |
| Net profit | – | – | +43.7% |
| EPS | – | – | – |
| Share price | – | -31.6% (2y) | +4.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -147 | 7 | 13 | 22 |
| Borrowings | – | 201 | 0 | 0 | 0 |
| Cash & equivalents | – | 1 | 2 | 4 | 5 |
| Total assets | – | 108 | 44 | 38 | 32 |
| Fixed assets | – | 71 | 1 | 1 | 2 |
| Capital work in progress | – | – | – | – | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 19 | 12 | 1 | 0 |
| Inventory | – | 1 | 1 | 9 | 16 |
| Payables | – | 52 | 15 | 13 | 8 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 5 | 2 | 12 | -1 | -8 |
| Cash from investing | -1 | -2 | 48 | 1 | 10 |
| Cash from financing | -3 | -1 | -61 | -0 | -0 |
| Capex | 1 | 0 | 0 | 1 | 2 |
| Free cash flow | 4 | 2 | 12 | -1 | -10 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 14.4% | 2,117.4% | 47.6% | 40.1% |
| ROCE % | – | -39.0% | 2,118.8% | 47.9% | 40.5% |
| Debtor days | – | 23 | 57 | 3 | 11 |
| Inventory days | – | 2 | 21 | 196 | 4,033 |
| Payable days | – | 70 | 279 | 277 | 1,875 |
| Cash conversion cycle (days) | – | -45 | -201 | -78 | 2,169 |
| Working capital days | – | -273 | 30 | 35 | 390 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.55% |
| Public (non-institutions) | 34.45% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 58.02% | 62.37% | 64.12% | 64.12% | 64.12% | 64.12% | 64.08% | 65.55% |
| Promoter group | % |
|---|---|
| Mukesh Ramniranjan Ruia | 22.92% |
| SKI Buildcon Private Limited | 17.84% |
| Shrey Mukesh Ruia | 11.89% |
| SKI Realtech Private Limited | 7.56% |
| Kalpana Mukesh Ruia | 2.18% |
| M. R. Ruia Family Trust | 1.89% |
| Mukesh Ramniranjan Ruia HUF | 1.26% |
| Ramniranjan N Ruia | 0.00% |
| Ishani Mukesh Ruia | 0.00% |
| Vinayak Clothings Private Limited | 0.00% |
| Altius Buildcon Private Limited | 0.00% |
16,703 shareholders. Pledged: 0.00% 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 | – | – | – | – | – | – | – |
| SHEKHAWATI | ₹72 cr | 8.4x | 2.7x | 39.1% | 30.2% | 10.7% | -62.1% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Textile Operation | ₹16 cr | 100.0% | ₹11 cr | 68.8% |
| Real Estate Operation | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-06-25 | Other | Annual General Meeting |
| 2023-09-08 | Other | Annual General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2019-09-20 | Other | Annual General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2017-09-19 | Other | Annual General Meeting |
| 2016-09-20 | Other | Annual General Meeting |
| 2015-09-14 | Other | Annual General Meeting |
| 2014-09-03 | Other | Annual General Meeting |
| 2013-09-19 | Other | Annual General Meeting |
| 2013-04-10 | Split | Face Value Split From Rs.10 To Re.1 |
| 2012-09-17 | Other | Annual General Meeting |
| 2011-09-16 | Other | Annual General Meeting |
| Other | Consolidation Of Equity Shares From Re 1 Per Share To Rs 10 Per Share |
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 | SHEKHAWATI |
| BSE code | 533301 |
| ISIN | INE268L01046 |
| Face value | ₹10.0 |
| 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.