Atharv Enterprises (BSE: ATHARVENT) had a P/E of 141.7× on 6 Nov 2026, above the industry P/E of 17.0×, and the shares are 30% below their 52-week high. Sales fell 41% a year over 3 years while net profit grew 20%; its ROCE of 1.4% is the lowest among the 7 largest Textile Manufacturing peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹7.23 Cr, ranked 233rd of 246 Textile Manufacturing companies by market cap; the shares rose 28% over the past year.
- ₹4.58
- ₹4.65
- ₹4.25
- ₹4.44
- 7.2K
Health check
- ReturnsIn line
+27.6% over a year, better than 4 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales −41.0%, profit +19.7% a year over 3 years.
- ProfitabilityWeak
ROCE 1.4% vs peer median 10.7%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags5 to check
Return on equity is low at 1.0%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹7.23 Cr
- Small cap
- P/E
- 141.7
- Industry 17.0
- Price to book
- 0.36
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 1.0%
- Peers 10.1%
- ROCE
- 1.4%
- Peers 10.7%
- Debt to equity
- 0.02
- Debt ₹0.43 Cr
- EPS (TTM)
- ₹0.03
- OPM (TTM)
- −256.5%
- Net margin 23.0%
- Sales growth
- −58.6%
- Latest quarter vs a year ago
- Profit growth
- +7.3%
- Latest quarter vs a year ago
- Price to sales
- 8.56
- EV/EBITDA −2.6
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Return on equity is low at 1.0%.
- Quarterly sales down 58.6% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 141.7 against an industry P/E of 17.0.
- 30% below its 52-week high.
About Atharv Enterprises
Atharv Enterprises Limited manufactures and sells textile and synthetic fabrics in India. The company offers polyester viscose, polyester cotton, polyester, and cotton fabrics. The company was formerly known as Jaju Enterprises Ltd and changed its name to Atharv Enterprises Limited in February 2006. Atharv Enterprises Limited was incorporated in 1990 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Sector
- Consumer Cyclical
- ISIN
- INE354E01031
- Website
- atharventerprises.biz
Price range
- Avg volume (3M)
- 36.1K
- 1-year return
- plus 27.6%
- From 52-week high
- minus 30.4%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| ATHARVENTAtharv Enterprises | 4.25 | minus 4.28% | 7 | 141.7 | 0.36 | 1.4% | 1.0% | −256.5% | −41.0% | 19.7% | 0.00% | plus 27.6% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.3 | 0 | 0.2 | 0 | 0.1 | |
| 0.2 | 0.5 | 0.7 | −0.1 | −0 | |
| 0.1 | −0.5 | −0.6 | 0.1 | 0.1 | |
| 32.3% | −2757.3% | −305.0% | 571.0% | 100.9% | |
| 0 | 0.6 | 0.7 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 25.2% | 25.0% | 25.0% | 24.5% | 24.5% | |
| 0 | 0 | 0 | 0 | 0 | |
| – | – | – | 0.03 | – |
Profit & loss
- Sales CAGR 3Y
- −41.0%
- Profit CAGR 3Y
- +19.7%
- EPS CAGR 3Y
- +19.7%
- ROE
- 1.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.4 | 11.1 | 0.3 | 0.5 | |
| – | +369.9% | minus 97.6% | +81.4% | |
| 2.2 | 10.8 | −0.1 | 0.1 | |
| 0.2 | 0.2 | 0.3 | 0.4 | |
| 7.5% | 2.0% | 121.4% | 84.7% | |
| 0 | 0.1 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0.1 | |
| – | – | −0 | – | |
| 0.1 | 0.2 | 0.3 | 0.2 | |
| 25.8% | 25.8% | 25.0% | 24.9% | |
| 0.1 | 0.2 | 0.2 | 0.2 | |
| – | +70.5% | +4.3% | minus 3.5% | |
| 0.06 | 0.11 | 0.11 | 0.11 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17 | 17 | 17 | 17 | |
| 2.7 | 2.9 | 3 | 3.2 | |
| 0.4 | 0.3 | 0.7 | 0.5 | |
| 9.6 | 12.6 | 15.3 | 22 | |
| 29.7 | 32.7 | 36.1 | 42.7 | |
| 0.4 | 0.4 | 0.3 | 0.8 | |
| 5.5 | 8.2 | 7.4 | 7.3 | |
| 0.1 | 0.1 | 0.3 | 0.2 | |
| 23.7 | 23.9 | 28.1 | 34.5 | |
| 29.7 | 32.7 | 36.1 | 42.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | −2 | 2 | 4.6 | |
| −3.4 | 2.1 | −2.2 | −4.2 | |
| −0.1 | −0.1 | 0.5 | −0.6 | |
| −0.1 | −0 | 0.3 | −0.2 | |
| −0.3 | −0.1 | – | −0.6 | |
| 3.2 | −2.1 | 2 | 4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.