Shine Fashions (India) (BSE: SHINEFASH) had a P/E of 24.1× on 6 Nov 2026, above the industry P/E of 17.0×, and the shares are 43% below their 52-week high. Sales and net profit grew 69% and 49% a year over 3 years, with ROCE of 16% and ROE of 10%. Debt is 0.64× equity. It is listed on an SME platform with a market cap of ₹75 Cr, ranked 137th of 246 Textile Manufacturing companies by market cap; the shares fell 52% over the past year.
- ₹27.75
- ₹27.75
- ₹27.75
- ₹23.50
- 4K
Health check
- ReturnsBehind
−51.6% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 24.1 vs industry 17.0.
- GrowthStrong
Sales +69.2%, profit +49.1% a year over 3 years.
- ProfitabilityAverage
ROCE 15.6% vs peer median 10.7%.
- Balance sheetStretched
Debt 0.64× equity, interest covered 4.3×, Piotroski 3 of 9.
- Red flags1 to check
43% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹75 Cr
- Small cap
- P/E
- 24.1
- Industry 17.0
- Price to book
- 2.35
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 10.0%
- Peers 10.1%
- ROCE
- 15.6%
- Peers 10.7%
- Debt to equity
- 0.64
- Debt ₹20 Cr
- EPS (TTM)
- ₹1.15
- OPM (TTM)
- 8.9%
- Net margin 2.9%
- Sales growth
- +22.9%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.73
- EV/EBITDA 7.2
Strengths and risks
Strengths
- Quarterly sales up 22.9% on a year ago.
Risks to check
- 43% below its 52-week high.
About Shine Fashions (India)
Shine Fashions (India) Limited engages in processing, manufacturing, trading, importing, and exporting of various types of fabrics and textile raw materials in India. The company provides cotton interlining, water jet woven fusible interlining, hair canvas, waist band interlining, taffeta suit interlining, tricot interlining, double tape and web interlining, chunni circular interlining, and non-woven interlining products. It serves apparel and garment…
- Headquarters
- Mumbai
- Employees
- 13
- Sector
- Consumer Cyclical
- ISIN
- INE0BLY01023
- Website
- shinefashions.in
Price range
- Avg volume (3M)
- 6.8K
- 1-year return
- minus 51.6%
- From 52-week high
- minus 43.3%
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% |
| SHINEFASHShine Fashions (India) | 27.75 | plus 18.09% | 75 | 24.1 | 2.35 | 15.6% | 10.0% | 8.9% | 69.2% | 49.1% | 0.00% | minus 51.6% |
| 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
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +69.2%
- Profit CAGR 3Y
- +49.1%
- ROE
- 10.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21.1 | 54.1 | 81.6 | 102 | |
| – | +157.0% | +50.7% | +25.0% | |
| 19.8 | 48.8 | 72.1 | 97 | |
| 1.3 | 5.3 | 9.5 | 5 | |
| 6.1% | 9.8% | 11.6% | 4.9% | |
| 0.1 | 0 | −0 | 7.6 | |
| 0.1 | 0 | 0 | 1.2 | |
| 0 | 0 | 0 | 0 | |
| −0 | −0 | −0 | −7.6 | |
| 1.3 | 5.3 | 9.3 | 3.8 | |
| 25.6% | 25.2% | 25.2% | 27.3% | |
| 0.9 | 3.9 | 7 | 2.9 | |
| – | +342.6% | +78.6% | minus 58.0% | |
| 0.40 | 1.75 | 2.99 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.4 | 1.4 | 1.5 | 13.4 | |
| 4.9 | 8.8 | 21.8 | 18.2 | |
| 2 | 1 | 5.9 | 20.2 | |
| 4.2 | 14.4 | 29.4 | 62.3 | |
| 12.5 | 25.6 | 58.6 | 114 | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| 0.1 | 0.1 | 13 | 7.4 | |
| 12.2 | 25.3 | 45.4 | 107 | |
| 12.5 | 25.6 | 58.6 | 114 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.2 | 1.1 | 1.9 | −24.4 | |
| −0 | −0 | −0 | 0 | |
| 1.2 | −1.1 | 11 | 18.9 | |
| 0 | −0 | 12.9 | −5.6 | |
| −0 | −0.1 | −0 | −0 | |
| −1.2 | 1 | 1.9 | −24.4 | |
| – | – | – | −0 |
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.