Ghushine Fintrrade Ocean (BSE: GHUSHINE) had a P/E of 681.0× on 4 Nov 2026, above the industry P/E of 17.0×. Its ROCE of 0.7% is the lowest among the 7 largest Textile Manufacturing peers. Debt is 0.16× equity. It is listed on an SME platform with a market cap of ₹10 Cr, ranked 224th of 246 Textile Manufacturing companies by market cap; the shares rose 76% over the past year.
- ₹20.43
- ₹20.43
- ₹20.43
- ₹20.43
- 5K
Health check
- ReturnsAhead
+75.9% over a year, better than 5 of 7 peers.
- Price tagPricier
P/E 681.0 vs industry 17.0.
- GrowthStrong
Sales +1428.0%, profit +410.7% a year over 3 years.
- ProfitabilityWeak
ROCE 0.7% vs peer median 10.7%.
- Balance sheetStretched
Debt 0.16× equity, interest covered 2.2×, Piotroski 3 of 9.
- Red flags3 to check
Return on equity is low at 5.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹10 Cr
- Small cap
- P/E
- 681.0
- Industry 17.0
- Price to book
- 1.98
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 5.5%
- Peers 10.1%
- ROCE
- 0.7%
- Peers 10.7%
- Debt to equity
- 0.16
- Debt ₹0.87 Cr
- EPS (TTM)
- ₹0.03
- OPM (TTM)
- 3.3%
- Net margin 2.5%
- Sales growth
- +236.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.86
- EV/EBITDA 58.9
Strengths and risks
Strengths
- Quarterly sales up 236.3% on a year ago.
Risks to check
- Return on equity is low at 5.5%.
- P/E of 681.0 against an industry P/E of 17.0.
- Interest coverage of only −10.5×.
About Ghushine Fintrrade Ocean
Ghushine Fintrrade Ocean Limited operates in textiles business. The company is involved in the dealing of art silk cloth and embroidery job works; and manufacture of knitted fabric. It also provides diamond cutting and polishing services. The company was formerly known as Pallavi Finstock Limited and changed its name to Ghushine Fintrrade Ocean Limited on August 04, 2015. The company was incorporated in 1995 and is based in Surat, India.
- Headquarters
- Surat
- Employees
- 6
- Sector
- Consumer Cyclical
- ISIN
- INE009U01011
- Website
- ghushineindia.com
Price range
- Avg volume (3M)
- 0
- 1-year return
- plus 75.9%
- From 52-week high
- minus 9.1%
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% |
| GHUSHINEGhushine Fintrrade Ocean | 20.43 | 0.00% | 10 | 681.0 | 1.98 | 0.7% | 5.5% | 3.3% | 1428.0% | 410.7% | 0.00% | plus 75.9% |
| 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
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +1428.0%
- Profit CAGR 3Y
- +410.7%
- EPS CAGR 3Y
- +425.8%
- ROE
- 5.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | 1.4 | 4.5 | 5.6 | |
| – | +91579.3% | +212.3% | +24.8% | |
| 0.2 | 1.7 | 4.7 | 5.8 | |
| −0.2 | −0.2 | −0.2 | −0.2 | |
| −13208.2% | −14.9% | −4.6% | −3.5% | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| 0 | – | – | 0 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | – | – | |
| −0 | 0 | 0 | 0 | |
| 735.3% | 94.4% | −37.5% | 34.1% | |
| 0 | 0 | 0 | 0 | |
| – | +85.2% | +1600.0% | +323.5% | |
| 0.00 | 0.00 | 0.01 | 0.03 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.9 | 4.9 | 4.9 | 4.9 | |
| 0.1 | 0.1 | 0.1 | 0.2 | |
| 0.1 | – | 0.3 | 0.6 | |
| 0 | 0 | 0 | 1.7 | |
| 5.2 | 5.1 | 5.4 | 7.4 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0.1 | |
| 5.1 | 5 | 5.4 | 7.3 | |
| 5.2 | 5.1 | 5.4 | 7.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.2 | −0.1 | −0.5 | −0.5 | |
| 0.2 | 0 | 0.2 | 0.2 | |
| – | 0.2 | 0.3 | 0.3 | |
| 0 | 0 | −0 | 0 | |
| −0 | −0 | −0 | – | |
| −0.2 | −0.2 | −0.6 | −0.5 |
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.