Shiva Mills Limited
NSE: SHIVAMILLS · Other Textile Products · sector
₹55.46NSE close 2026-10-26
Key numbers
Market cap₹48 cr
Price₹55.46
52w high / low₹70 / ₹43
P/E14.3xSector median 13.7x
P/B0.5xSector median 1.1x
Book value₹107.0
Dividend yield–Sector median 0.51%
ROE3.6%Sector median 5.4%
ROCE4.2%Sector median 7.5%
OPM6.5%Sector median 6.6%
Debt / equity0.00xSector median 0.43x
EV/EBITDA4.7xSector median 9.6x
Interest cover14.8x
Current ratio3.80x
Sales growth 3y-4.4%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 ₹5 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 14.8x in the last 12 months.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
- Net loss in 6 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 49% of net profit in the last 12 months.
- Debtor days went from 46 (FY24) to 32 (FY26).
- Dividend paid in 2 of the last 5 financial years.
- Price ₹55.46 on 2026-10-26: -20.8% from the 52-week high, +28.9% 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 ₹103.24 · low ₹46.91
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48 | 36 | 41 | 38 | 30 | 34 | 37 | 38 |
| EBITDA | 1 | 0 | 1 | 1 | 1 | 1 | 3 | 5 |
| OPM % | 2.0% | 0.4% | 1.6% | 2.8% | 4.5% | 1.8% | 7.1% | 11.9% |
| Other income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Net profit | -1 | -1 | -1 | -1 | -0 | -1 | 1 | 3 |
| EPS (₹) | -0.83 | -1.70 | -0.89 | -0.72 | -0.19 | -0.82 | 1.63 | 3.27 |
| Revenue YoY | -36.7% | -4.8% | -10.2% | +1.4% | ||||
| Profit YoY | – | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 213 | 159 | 158 | 169 | 139 | 140 |
| EBITDA | 30 | -2 | 3 | 2 | 6 | 9 |
| Net profit | 18 | -7 | -3 | -4 | -0 | 3 |
| EPS (₹) | 20.43 | -8.28 | -3.76 | -4.41 | -0.10 | 3.89 |
| Revenue growth | -25.3% | -0.7% | +7.2% | -17.8% | -14.1% | |
| Profit growth | -140.5% | – | – | – | – | |
| Dividend / share (₹) | 1.00 | 1.20 | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -4.4% | 0.0% | -14.1% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -19.1% (2y) | -8.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 100 | 96 | 92 | 92 |
| Borrowings | – | 0 | 10 | 10 | 0 |
| Cash & equivalents | – | 11 | 1 | 0 | 5 |
| Total assets | – | 116 | 123 | 118 | 107 |
| Fixed assets | – | 64 | 63 | 59 | 55 |
| Capital work in progress | – | 3 | 0 | 0 | 0 |
| Investments | – | 1 | 1 | 1 | 1 |
| Receivables | – | 14 | 20 | 27 | 12 |
| Inventory | – | 15 | 31 | 25 | 29 |
| Payables | – | 5 | 6 | 6 | 5 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -3 | 27 | -17 | 4 | 16 |
| Cash from investing | -1 | -8 | -3 | -3 | -1 |
| Cash from financing | 2 | -10 | 10 | -2 | -10 |
| Capex | 1 | 9 | 3 | 3 | 3 |
| Free cash flow | -4 | 19 | -20 | 1 | 13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -7.2% | -3.4% | -4.1% | -0.1% |
| ROCE % | – | -6.5% | -3.0% | -3.0% | -0.1% |
| Debtor days | – | 33 | 46 | 58 | 32 |
| Inventory days | – | 43 | 93 | 71 | 106 |
| Payable days | – | 14 | 16 | 17 | 19 |
| Cash conversion cycle (days) | – | 62 | 123 | 112 | 119 |
| Working capital days | – | 74 | 72 | 68 | 96 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.94% |
| FIIs | 0.32% |
| DIIs | 0.01% |
| Public (non-institutions) | 24.74% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% |
| Promoter group | % |
|---|---|
| Annamallai Retreading Company Private Ltd | 72.17% |
| Lalitha.A | 2.47% |
| Alagappan.S.V. | 0.25% |
| Shenbagam.A. | 0.04% |
| Leelavathi K | 0.00% |
| Sundararaman S K | 0.00% |
| Kandasami S V | 0.00% |
| Vedanayagam Hospital Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.49% |
7,763 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 | – | – | – | – | – | – | – |
| SHIVAMILLS | ₹48 cr | 14.3x | 0.5x | 3.6% | 4.2% | 6.5% | -4.4% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-14 | Other | Annual General Meeting |
| 2023-09-14 | Other | Annual General Meeting |
| 2022-08-17 | Dividend | Annual General Meeting/Dividend - Rs 1.20 Per Share |
| 2021-09-09 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2019-08-08 | Dividend | Annual General Meeting/Dividend - Rs 1.40 Per Share |
| 2018-09-14 | Dividend | Annual General Meeting/Dividend Rs 1.40 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- 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 | SHIVAMILLS |
| BSE code | 540961 |
| ISIN | INE644Y01017 |
| 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.