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Akshar Spintex (AKSHAR) is loss-making over the last 12 months, losing ₹3.28 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹0.42, 28% below its 52-week high. Sales fell 4.9% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹33 Cr, ranked 173rd of 246 Textile Manufacturing companies by market cap; the shares fell 29% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹0.42
Day high
₹0.43
Day low
₹0.42
Prev. close
₹0.42
Volume
4.3 L

Health check

6 to check
  • ReturnsBehind

    −28.8% over a year, better than 0 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthShrinking

    Sales −4.9% a year over 3 years.

  • ProfitabilityNegative

    ROCE -9.1% vs peer median 10.7%.

  • Balance sheetStretched

    Debt 0.05× equity, operating profit doesn’t cover interest, Piotroski 5 of 9.

  • Red flags3 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Textile Manufacturing

245 listed peers. Screen the industry

Small cap

₹33 Cr, #173 of 246 in its industry by size.

Moves with the market

Beta 1.16 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Sep 2026: sales ₹136 Cr · profit ₹−3 Cr
Market cap
₹33 Cr
Small cap
P/E
n/a
Industry 17.0
Price to book
0.39
Peers 3.81
Dividend yield
0.00%
ROE
−3.9%
Peers 10.1%
ROCE
−9.1%
Peers 10.7%
Debt to equity
0.05
Debt ₹4.41 Cr
EPS (TTM)
−₹0.05
Face value ₹1
OPM (TTM)
0.2%
Net margin −2.4%
Sales growth
+59.7%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
0.24
EV/EBITDA 8.6

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly sales up 59.7% on a year ago.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −3.9%.
  • Interest coverage of only −6.2×.

Derived automatically from reported figures. Not a recommendation.

About Akshar Spintex

Akshar Spintex Limited engages in the spinning, manufacture, and sale of cotton yarns in India. The company offers natural cotton, organic and BCI certified cotton, viscose, modal, and excel fibres. It also orivides carded, semi combed, and combed cotton yarns; and slub, core spun, TFO, Eli twist, fancy, melange, blended, BCI certified, and organic yarns. The company was incorporated in 2013 and is based in Rajkot, India.

Headquarters
Rajkot
Employees
120
Sector
Consumer Cyclical
ISIN
INE256Z01025
Website
aksharspintex.in

Price range

52 weeks

₹0.36₹0.58

Today

₹0.42₹0.43
Avg volume (3M)
9.7 L
1-year return
minus 28.8%
From 52-week high
minus 27.6%

Peers · Textile Manufacturing

Compare with peersScreen the whole industry
Company
KPRMILLK.P.R. Mill1,164.40minus 0.25%39,88338.36.4120.0%18.0%22.1%2.3%2.1%0.43%plus 10.5%
WELSPUNLIVWelspun Living241.30minus 4.75%22,71752.84.475.8%8.8%28.7%5.7%0.9%0.04%plus 96.2%
VTLVardhman Textiles508.80minus 4.89%14,72914.31.388.6%7.3%13.7%−0.8%−2.1%0.98%plus 22.2%
ARVINDArvind494.75minus 0.58%12,96928.43.1015.4%11.1%10.9%3.4%0.8%0.91%plus 57.3%
TRIDENTTrident23.88plus 0.08%12,16825.42.5310.7%10.1%14.9%1.8%−5.1%2.09%minus 16.6%
ICILIndo Count Industries489.85minus 2.25%9,70239.83.819.5%5.5%9.7%11.6%−22.9%0.31%plus 78.7%
GARFIBRESGarware Technical Fibres715.65minus 2.13%6,98829.84.9719.3%15.3%19.2%5.6%4.9%1.26%minus 3.9%
AKSHARAkshar Spintex0.420.00%33–0.39−9.1%−3.9%−1.6%−4.9%–0.00%minus 28.8%
Median of 7 peers–−2.13%12,96929.83.8110.7%10.1%14.9%3.4%0.8%0.91%22.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
22.334.434.429.935.7
22.639.433.227.733.8
−0.3−5.11.22.21.9
−1.2%−14.8%3.5%7.3%5.4%
0.51.61.20.60.6
0.10.10.10.10.1
1.71.81.71.61.9
−1.6−5.40.610.6
−23.2%29.3%165.1%42.6%45.9%
−2−3.8−0.40.60.3
-0.02-0.05-0.010.010.00

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−4.9%
ROE
−3.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
137175117117
–+28.1%minus 33.3%+0.4%
135164117120
1.910.8−0.2−2.5
1.4%6.1%−0.2%−2.2%
−0.10.10.10.1
1.71.31.10.4
4.34.34.66.8
−0−0.2−01.6
−4.25−5.9−8.1
34.0%31.1%24.3%8.8%
−2.83.5−4.4−7.4
-0.060.08-0.08-0.09

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
253078.778.7
15.613.99.52.1
17.7195.95
18.11149.9
76.473.998.195.8
39.239.437.239.8
0–––
1–2.32.7
002.31
36.234.456.352.2
76.473.998.195.8

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
9.84.8−31.81.8
−0.2−4.5−2.3−7.7
−9.7−0.334.6−1.3
−0−00.5−7.2
−0.2−4.6−2.5−13
9.60.2−34.3−11.2
–−0.2––

Shareholding pattern

Source: NSE filings
0.3%
promoters
  • Promoters0.27%
  • Public99.73%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 20260.27%99.73%0.00
30 Jun 20260.27%99.73%0.00
31 Mar 20260.27%99.73%0.00
31 Dec 20250.27%99.73%0.00
30 Sep 20250.27%99.73%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you