Akshar Spintex Ltd.

AKSHARNSETextileTextileSmall Cap

₹0.45

▲ 0%

loading…

Composite

Akshar Spintex Limited is engaged in the manufacturing of cotton yarn. The company manufactures 100% cotton yarn which includes combed, semi-combed and carded yarn. The company's activities include manufacturing, marketing of raw cotton, cotton bales, cotton seeds, yard and by-products. Plant is located in vicinity of main raw material i.e. sankar cotton.

www.aksharspintex.inSector: TextileIndustry: Textile

Q-DITS fundamental score

26Composite

Growth

Profitability

Valuation

Quality

Solvency

Earnings

Key metrics

MCap

₹35 Cr

TTM PE

Industry PE

48.4x

TTM EPS

₹-0.09

Book Value

₹1.03

Face Value

₹1

Div Yield

PEG

—

0.4x

ROE

-6.7%

ROCE

-6%

EBITDA mgn

-0.1%

D/E

0.07

Int. Cover

-4.1x

Curr. Ratio

9.91x

EPS

₹-0.06

Growth — CAGR across horizons

Metric	1Y	3Y	5Y	10Y
Net Sales	0.4%	-4.7%	1.4%	—
EBITDA	-91.7%	—	—	—
Net Profit	-66.1%	—	—	—

Score snapshot

Piotroski

4/9

Altman Z

1.74

Quality

19.3

Growth

Valuation

Earn. Qual

PEAD

SURGE

Loading price data…

Loading delivery data…

Revenue, profitability & returns

Revenue & Net Profit (₹ Cr)

RevenueNet Profit

Margins (%)

EBITDA%PAT%

Return ratios (%)

ROEROCEROA

Annual financials — last 10 years

Tap a row to expand the full chart

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
›RevenueCr	64	86	93	101	109	110	172	136	175	117
›EBITDACr	12	9	14	10	3	6	16	2	11	-0
›EBITDA margin	18.9%	10.5%	15.3%	10.3%	2.5%	5.9%	9.6%	1.4%	6.1%	-0.1%
›Net profitCr	0	3	9	2	-6	1	7	-3	3	-4
›PAT margin	0.4%	3%	9.2%	2.2%	-5.3%	1.1%	4.1%	-2%	2%	-3.8%
›EPS₹	₹0.01	₹0.06	₹0.2	₹0.05	₹-0.13	₹0.03	₹0.15	₹-0.06	₹0.08	₹-0.06
›Revenue growth	259.3%	34.9%	7.9%	8.1%	8.4%	1%	56.1%	-21.3%	29.1%	-33.3%
›PAT growth	126.8%	1,031.8%	231.6%	-73.8%	-355.6%	121.7%	465.3%	-139.4%	225%	-228.7%
›ROE	1.1%	10.5%	28.3%	6%	-15.1%	3.5%	17.7%	-6.6%	8.2%	-6.7%
›ROCE	12.9%	7.8%	14.9%	8.9%	-2.1%	3.8%	18.8%	-3.7%	10.5%	-6%
›ROA	0.3%	3.5%	11.1%	2.7%	-7.2%	1.7%	8.5%	-3.3%	4.6%	-5.2%
›P/E	0x	0x	0x	2.1x	0x	1.6x	1.7x	0x	12.7x	0x
›P/B	0x	0x	0x	1.4x	0.5x	0.6x	3.2x	3.8x	1.5x	0.4x
›D/E	1.9	1.6	1.1	0.8	0.8	0.7	0.6	0.4	0.4	0.1
›Current ratio	1.3x	1.1x	1.4x	1.4x	1x	1.2x	1.3x	1.3x	1.6x	9.9x
›Interest cover	1.3x	2x	4.4x	2.4x	-0.4x	0.9x	4.7x	-1.3x	4.7x	-4.1x

Quarterly results

Tap a row to expand the full chart

Metric	2023-12	2024-03	2024-06	2024-09	2024-12	2025-03	2025-06	2025-09	2025-12	2026-03
›RevenueCr	45	48	37	23	26	31	26	22	34	34
›Rev growth YoY	44.4%	28.7%	-3.7%	-46.8%	-42%	-36.5%	-29.3%	-3.7%	32.3%	12.5%
›EBITDACr	2	2	2	-1	-2	-1	-1	-0	-5	1
›EBITDA margin	4%	4.8%	5.3%	-5.6%	-8.6%	-2.7%	-2%	-1.2%	-14.8%	3.5%
›Net profitCr	1	1	1	-2	-2	-1	-1	-2	-4	-0
›PAT growth YoY	47.2%	-72.1%	-29.7%	-277.7%	-435.7%	-219.3%	-295.4%	-22.8%	-62.7%	65.9%
›EPS₹	₹0.02	₹0.03	₹0.02	₹-0.05	₹-0.03	₹-0.01	₹-0.02	₹-0.02	₹-0.05	₹-0

Balance sheet — last 10 years (₹ Cr)

Tap a row to expand the full chart

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
›Shareholders' equityCr	26	35	41	35	36	43	41	44	88	81
›ReservesCr	2	11	16	10	11	18	16	14	9	2
›Total borrowingsCr	0	0	0	0	0	0	0	0	0	0
›InvestmentsCr	1	1	2	2	2	1	1	2	2	0
›Total assetsCr	57	59	60	48	50	55	49	53	92	96
›Current assetsCr	18	25	29	23	25	49	36	32	58	52
›Current liabilitiesCr	17	18	20	22	21	37	27	20	6	12
›Trade payablesCr	4	3	6	5	8	14	15	8	2	8
›Gross blockCr	64	65	65	70	71	72	72	77	79	40

Cash flow statement (₹ Cr)

Tap a row to expand the full chart

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
›Operating CF (CFO)Cr	6	7	9	8	6	3	10	5	-30	8
›Investing CF (CFI)Cr	-1	-0	-5	-0	-1	-1	-0	-4	-2	-8
›Financing CF (CFF)Cr	-5	-7	-3	-8	-6	-2	-10	-0	35	-1
›Net cash changeCr	-0	0	0	-0	-0	-0	-0	-0	3	-1
›Closing cashCr	0	0	0	0	0	0	0	0	3	1

Cash flow components

CFO · CFI · CFF (₹ Cr)

CFOCFICFF

Q-DITS scorecard

Composite score

Quality (25%)19.3

Growth (25%)0

Valuation (20%)32

Piotroski (15%)44

Earnings Quality (10%)50

Momentum (5%)—

Weighted blend, rescaled to the components available for this stock.

Piotroski F-Score

4/9

✗ROA positiveROA -5.19%

✓CFO positiveCFO ₹7.67 Cr

✗ROA improving4.61% → -5.19%

✓CFO > PAT (low accruals)CFO 7.67 vs PAT -4.45

✓Leverage decreasedD/E 0.43 → 0.07

✓Liquidity improvedCR 1.58 → 9.91

✗No share dilutionEPS 0.08 → -0.06

✗Margin improvedEBITDA mgn 6.12% → -0.08%

✗Asset turnover upAsset TO 2.33 → 1.36

Altman Z-Scoregrey

1.74

0.42

0.022

-0.049

0.844

1.219

>2.9 safe · 1.23–2.9 grey · <1.23 distress

Quality

19.3/100

ROE

-6.7%

ROCE

-6%

Margin

-3.8%

Debt

0.1

Int. cover

-4.1x

Growth

0/100

Revenue 3Y

-4.7%

Profit 3Y

-66.1%

EPS

-174.1%

Valuation

32/100

0.5x

EV/EBITDA

-473.4x

vs universe median: PE 25.6x · PB 2.81x · EV 13.41x

Earnings quality

50/100

CFO₹8 Cr

PAT₹-4 Cr

Accrual ratio-0.127

CFO/PAT-1.72x

PEAD · SURGE

+1 / +1

Revenue SUE0.57

EPS SUE0.26

Latest quarter2026-03

Rev growth YoY12.5%

Shareholding pattern

Promoter0.3%

FII/FPI0%

DII0%

Public99.7%

Tap a row to expand the full chart

Metric	2024-03	2024-06	2024-09	2024-12	2025-03	2025-06	2025-09	2025-12	2026-03
›Promoter	12%	11.6%	0.7%	0.3%	0.3%	0.3%	0.3%	0.3%	0.3%
›FII / FPI	0%	0%	0%	0%	0%	0%	0%	0%	0%
›DII	0%	0%	0%	0%	0%	0%	0%	0%	0%
›Public / Retail	88%	88.4%	99.3%	99.7%	99.7%	99.7%	99.7%	99.7%	99.7%
›Promoter pledge	0%	0%	0%	0%	0%	0%	0%	0%	0%

Documents & filings

Loading documents…

Peer comparison

Company	MCap (Cr)	Revenue	PAT	PE	PB	ROE%	ROCE%	D/E
Page Industries Ltd.	44,589	5,247	764	58.4x	29.7x	48.5	68.2	0
K.P.R. Mill Ltd.	39,702	6,650	867	45.8x	7x	17.4	20.3	0.09
Vardhman Textiles Ltd.	19,026	9,869	703	25.5x	1.8x	9.3	11.3	0.13
Welspun Living Ltd.	15,314	9,399	213	74.9x	3.3x	13.8	15	0.51
Arvind Ltd.	13,543	9,303	420	32.7x	3.3x	10	14	0.36
Vedant Fashions Ltd.	10,033	1,435	376	26.7x	5.1x	23	33.9	0
Swan Corp Ltd.	9,977	4,371	270	36.4x	1.3x	12.8	16.6	0.38