Skip to content
thestock.space

Salona Cotspin (SALONA) had a P/E of 60.3× on 6 Nov 2026, above the industry P/E of 17.0×, and the shares are 18% below their 52-week high. It earns ROCE of 16% and ROE of 1.9%, and sales grew 8.2% a year over 3 years while net profit fell 55%. Its dividend yield is 0.2%, and debt is 2.26× equity. It is a small-cap company with a market cap of ₹138 Cr, ranked 103rd of 246 Textile Manufacturing companies by market cap; the shares fell 3.7% over the past year.

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

past year
Open
₹261.99
Day high
₹263.00
Day low
₹255.99
Prev. close
₹262.98
Volume
36

Health check

2 fair · 4 to check
  • ReturnsBehind

    −3.7% over a year, better than 2 of 7 peers.

  • Price tagPricier

    P/E 60.3 vs industry 17.0.

  • GrowthSteady

    Sales +8.2%, profit −55.4% a year over 3 years.

  • ProfitabilityAverage

    ROCE 16.3% vs peer median 10.7%.

  • Balance sheetStretched

    Debt 2.26× equity, interest covered 1.2×, Piotroski 7 of 9.

  • Red flags4 to check

    Return on equity is low at 1.9%.

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

Textile Manufacturing

245 listed peers. Screen the industry

Small cap

₹138 Cr, #103 of 246 in its industry by size.

Defensive

Beta 0.25 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹634 Cr · profit ₹2 Cr
Market cap
₹138 Cr
Small cap
P/E
60.3
Industry 17.0
Price to book
1.65
Peers 3.81
Dividend yield
0.23%
ROE
1.9%
Peers 10.1%
ROCE
16.3%
Peers 10.7%
Debt to equity
2.26
Debt ₹190 Cr
EPS (TTM)
₹4.35
Face value ₹10
OPM (TTM)
5.6%
Net margin 0.4%
Sales growth
+25.1%
Latest quarter vs a year ago
Profit growth
+47.4%
Latest quarter vs a year ago
Price to sales
0.22
EV/EBITDA 9.0

Strengths and risks

Strengths

  • Quarterly profit up 47.4% on a year ago.
  • Quarterly sales up 25.1% on a year ago.
  • Promoter stake up from 67.1% to 68.4%.

Risks to check

  • Return on equity is low at 1.9%.
  • Debt is 2.26× equity.
  • P/E of 60.3 against an industry P/E of 17.0.
  • Interest coverage of only 1.6×.

Derived automatically from reported figures. Not a recommendation.

About Salona Cotspin

Salona Cotspin Limited engages in the manufacture and sale of cotton yarn, knitted fabrics, and garments in India and internationally. It offers ring spun, compact, open end, blend, melange, slub, organic, regenagri, recycle cotton, and contamination free yarn products. The company also provides grey, dyed, and printed fabrics, as well as single jersey, interlock/double knit, single/double rib, fleece 2/3 thread, french terry, and full/mini jacquard for…

Headquarters
Coimbatore
Employees
623
Sector
Consumer Cyclical
ISIN
INE498E01010
Website
salonacotspin.com

Price range

52 weeks

₹200.00₹320.00

Today

₹255.99₹263.00
Avg volume (3M)
773
1-year return
minus 3.7%
From 52-week high
minus 18.0%

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%
SALONASalona Cotspin262.30minus 0.26%13860.31.6516.3%1.9%5.6%8.2%−55.4%0.23%minus 3.7%
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
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
157171155110197
147162148102186
9.78.97.78.110.7
6.1%5.2%4.9%7.3%5.4%
000.20.20.1
5.45.24.74.65.4
2.22.62.42.92.5
21.20.80.82.8
24.2%8.7%60.9%279.3%20.0%
1.51.10.3−1.42.3
2.912.030.62-2.594.29

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+8.2%
Profit CAGR 3Y
−55.4%
EPS CAGR 3Y
−55.4%
ROE
1.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
442674615560
–+52.7%minus 8.8%minus 8.9%
409651590530
32.723.72530.4
7.4%3.5%4.1%5.4%
2.16.36.63.7
9.114.718.319.3
5.56.97.710.1
−0000.1
20.38.45.54.8
13.3%27.1%43.4%67.4%
17.66.13.11.6
–minus 65.1%minus 48.9%minus 50.2%
33.3911.645.952.97

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
5.35.35.35.3
68.974.477.278.4
157257239190
38.92733.330.8
270364354304
55.5115126125
1544.419.43.4
0000
0.10.10.10.1
200204209175
270364354304

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−5−11.963.779.3
−3.4−71.9−26.1−9.8
8.483.8−37.6−69.5
−0−00.1−0
−3.6−72.2−26.3−11.1
−8.6−84.137.568.2
−0.6−0.6−0.5−0.5

Shareholding pattern

Source: NSE filings
68.4%
promoters
  • Promoters68.42%
  • Public31.58%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202668.42%31.58%0.00
30 Jun 202668.42%31.58%0.00
31 Mar 202668.42%31.58%0.00
31 Dec 202568.42%31.58%plus 1.33
30 Sep 202567.09%32.91%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you