On 6 Nov 2026, H.P. Cotton Textile Mills was priced at ₹87.53, or 10.9× trailing earnings, against an industry P/E of 17.0×, and the shares are 34% below their 52-week high. Sales grew 17% a year over 3 years; its ROCE of 26% is the highest among the 7 largest Textile Manufacturing peers. Debt is 2.03× equity. It is a small-cap company with a market cap of ₹34 Cr, ranked 169th of 246 Textile Manufacturing companies by market cap; the shares fell 11% over the past year.
- ₹91.80
- ₹91.80
- ₹85.35
- ₹90.00
- 455
Health check
- ReturnsBehind
−10.5% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 10.9 vs industry 17.0.
- GrowthStrong
Sales +17.3% a year over 3 years.
- ProfitabilityStrong
ROCE 25.9% vs peer median 10.7%.
- Balance sheetStretched
Debt 2.03× equity, interest covered 1.8×, Piotroski 8 of 9.
- Red flags4 to check
Debt is 2.03× equity.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹34 Cr
- Small cap
- P/E
- 10.9
- Industry 17.0
- Price to book
- 1.61
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 17.3%
- Peers 10.1%
- ROCE
- 25.9%
- Peers 10.7%
- Debt to equity
- 2.03
- Debt ₹43 Cr
- EPS (TTM)
- ₹8.01
- OPM (TTM)
- 8.7%
- Net margin 2.7%
- Sales growth
- −13.2%
- Latest quarter vs a year ago
- Profit growth
- +20.0%
- Latest quarter vs a year ago
- Price to sales
- 0.27
- EV/EBITDA 7.1
Strengths and risks
Strengths
- Return on capital employed of 25.9%.
- Quarterly profit up 20.0% on a year ago.
- P/E of 10.9 against an industry P/E of 17.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Debt is 2.03× equity.
- Quarterly sales down 13.2% on a year ago.
- 34% below its 52-week high.
- Interest coverage of only 2.1×.
About H.P. Cotton Textile Mills
H.P. Cotton Textile Mills Limited manufactures and sells cotton specialty yarns and cotton sewing threads in India and internationally. The company offers crochet, embroidery, lace, patchwork and quiliting, kite flying, cotton sewing, and mercerized cotton RFD threads; and hand knitting and hosiery yarns. It exports its products to approximately 40 countries. H.P. Cotton Textile Mills Limited was incorporated in 1981 and is based in New Delhi, India.
- Headquarters
- New Delhi
- Employees
- 1,641
- Sector
- Consumer Cyclical
- ISIN
- INE950C01014
- Website
- hpthreads.com
Price range
- Avg volume (3M)
- 1.4K
- 1-year return
- minus 10.5%
- From 52-week high
- minus 33.7%
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% |
| HPCOTTONH.P. Cotton Textile Mills | 87.53 | minus 2.74% | 34 | 10.9 | 1.61 | 25.9% | 17.3% | 8.7% | 17.3% | – | 0.00% | minus 10.5% |
| 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 |
|---|---|---|---|---|---|
| 35.9 | 34.5 | 33.6 | 27.6 | 31.2 | |
| 32.2 | 31.6 | 30.8 | 25.3 | 28.1 | |
| 3.7 | 2.9 | 2.8 | 2.3 | 3.1 | |
| 10.2% | 8.3% | 8.4% | 8.3% | 10.0% | |
| 0.4 | 0.7 | 0.5 | 1 | 0.4 | |
| 1.8 | 1.7 | 1.6 | 1.5 | 1.3 | |
| 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | |
| 1.5 | 1.1 | 0.9 | 0.9 | 1.4 | |
| 44.1% | 26.9% | 28.6% | 26.1% | 27.7% | |
| 0.9 | 0.8 | 0.7 | 0.7 | 1 | |
| 2.17 | 1.99 | 1.68 | 1.74 | 2.60 |
Profit & loss
- Sales CAGR 3Y
- +17.3%
- ROE
- 17.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 77 | 88.6 | 121 | 124 | |
| – | +15.1% | +36.2% | +2.9% | |
| 87.5 | 84.4 | 108 | 112 | |
| −10.5 | 4.2 | 13.1 | 11.7 | |
| −13.6% | 4.7% | 10.8% | 9.4% | |
| 1 | 0.9 | 0.1 | 1.5 | |
| 4.6 | 5.8 | 5.5 | 5.5 | |
| 4 | 3.5 | 3.3 | 3.3 | |
| −0.7 | 0 | −0.6 | 0 | |
| −18.8 | −4.2 | 3.8 | 4.4 | |
| 3.9% | 121.6% | 32.3% | 33.1% | |
| −18.1 | 0.9 | 2.6 | 3 | |
| – | – | +183.7% | +15.3% | |
| -46.71 | 2.31 | 6.56 | 7.56 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.9 | 3.9 | 3.9 | 3.9 | |
| 9.1 | 9.8 | 12.3 | 15.4 | |
| 45.2 | 39.2 | 40.2 | 39.1 | |
| 34.2 | 35.4 | 36.7 | 35.1 | |
| 92.3 | 88.4 | 93.1 | 93.5 | |
| 40.8 | 37.8 | 36.3 | 33.9 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | – | 1.5 | 1.4 | |
| 1.6 | 0.1 | 0.1 | 0.1 | |
| 49.9 | 50.5 | 55.2 | 58.1 | |
| 92.3 | 88.4 | 93.1 | 93.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 12 | 7.4 | 8.4 | |
| −0 | −0.3 | −1.5 | −0.8 | |
| 0.3 | −12.7 | −5.8 | −7.6 | |
| 0.5 | −1 | 0 | −0 | |
| −1 | −0.3 | −1.7 | −1 | |
| −0.8 | 11.7 | 5.7 | 7.4 | |
| −0.3 | – | – | – |
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.