Katare Spinning Mills (BSE: KATRSPG) is loss-making over the last 12 months, losing ₹2.13 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹92.48, 29% below its 52-week high. Sales fell 27% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹26 Cr, ranked 188th of 246 Textile Manufacturing companies by market cap; the shares fell 22% over the past year.
- ₹90.00
- ₹95.00
- ₹89.96
- ₹94.67
- 76
Health check
- ReturnsBehind
−21.5% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −26.7% a year over 3 years.
- ProfitabilityNegative
ROCE -1.0% vs peer median 10.7%.
- Balance sheetStretched
Practically debt-free, Piotroski 4 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹26 Cr
- Small cap
- P/E
- n/a
- Industry 17.0
- Price to book
- 0.23
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- −1.9%
- Peers 10.1%
- ROCE
- −1.0%
- Peers 10.7%
- Debt to equity
- 0.03
- Debt ₹3.86 Cr
- EPS (TTM)
- −₹7.47
- OPM (TTM)
- −32.6%
- Net margin −74.7%
- Sales growth
- +9.6%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 9.24
- EV/EBITDA −32.5
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −1.9%.
- Interest coverage of only −1.9×.
About Katare Spinning Mills
Katare Spinning Mills Limited engages in the manufacturing and selling of cotton yarn in India. The company operates through Spinning Division and Solar Power Division segments. It also generates solar power, as well as engages in the hospitality business. The company was founded in 1949 and is based in Solapur, India.
- Headquarters
- Solapur
- Sector
- Consumer Cyclical
- ISIN
- INE498G01015
- Website
- katarespinningmills.com
Price range
- Avg volume (3M)
- 81
- 1-year return
- minus 21.5%
- From 52-week high
- minus 28.8%
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% |
| KATRSPGKatare Spinning Mills | 92.48 | minus 2.31% | 26 | – | 0.23 | −1.0% | −1.9% | −32.6% | −26.7% | – | 0.00% | minus 21.5% |
| 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 |
|---|---|---|---|---|---|
| 0.7 | 0.1 | 1 | 1 | 0.7 | |
| 0.6 | 0.1 | 1 | 1.7 | 0.9 | |
| 0 | −0 | −0 | −0.7 | −0.2 | |
| 4.2% | −29.4% | −0.7% | −73.0% | −23.8% | |
| 0 | 0 | 0 | 0.7 | 0.3 | |
| 0 | 0 | 0 | 0.4 | 0 | |
| 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | |
| −0.3 | −0.3 | −0.3 | −0.7 | −0.2 | |
| – | – | – | −85.4% | – | |
| −0.3 | −0.3 | −0.3 | −1.3 | −0.2 | |
| -0.92 | -1.13 | -1.04 | -4.50 | -0.80 |
Profit & loss
- Sales CAGR 3Y
- −26.7%
- ROE
- −1.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.1 | 4 | 5.1 | 2.8 | |
| – | minus 43.5% | +28.2% | minus 45.6% | |
| 8 | 4.7 | 5.5 | 3.5 | |
| −0.9 | −0.7 | −0.4 | −0.7 | |
| −12.7% | −17.4% | −8.2% | −26.0% | |
| 0 | 0 | 0 | 0.8 | |
| 0.2 | 0.3 | 0.3 | 0.4 | |
| 1.4 | 1.3 | 1.3 | 1.3 | |
| 1.1 | 0.2 | 0 | 0 | |
| −1.3 | −2.1 | −2 | −1.6 | |
| −12.6% | 9.1% | 14.1% | −37.5% | |
| −1.5 | −1.9 | −1.7 | −2.2 | |
| -5.30 | -6.57 | -6.07 | -7.59 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.9 | 2.9 | 2.9 | 2.9 | |
| 117 | 115 | 113 | 111 | |
| 3.4 | 3.6 | 4.3 | 4 | |
| 1.3 | 0.9 | 0.5 | 1 | |
| 124 | 122 | 121 | 119 | |
| 117 | 115 | 114 | 113 | |
| 0.2 | 0.1 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 7.2 | 6.4 | 6.3 | 5.6 | |
| 124 | 122 | 121 | 119 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −4 | −0.2 | −0.5 | −0.2 | |
| 1.4 | 0.3 | 0.1 | 0.8 | |
| 2.7 | −0.1 | 0.4 | −0.6 | |
| 0 | 0 | 0 | 0 | |
| – | −0.1 | −0.2 | −0 | |
| −4 | −0.3 | −0.7 | −0.2 | |
| – | −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
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