On 6 Nov 2026, Shiva Texyarn was priced at ₹169.48, or 22.8× trailing earnings, against an industry P/E of 17.0×, and the shares are 14% below their 52-week high. It earns ROCE of 12% and ROE of 7.3%, and sales fell 6.0% a year over 3 years. Its dividend yield is 0.3%, and debt is 0.50× equity. It is a small-cap company with a market cap of ₹233 Cr, ranked 81st of 246 Textile Manufacturing companies by market cap; the shares fell 8.5% over the past year.
- ₹167.00
- ₹182.70
- ₹165.00
- ₹166.13
- 4K
Health check
- ReturnsBehind
−8.5% over a year, better than 1 of 7 peers.
- Price tagPricier
P/E 22.8 vs industry 17.0.
- GrowthShrinking
Sales −6.0% a year over 3 years.
- ProfitabilityAverage
ROCE 12.3% vs peer median 10.7%.
- Balance sheetFair
Debt 0.50× equity, interest covered 4.1×.
- Red flags3 to check
Return on equity is low at 7.3%.
Small cap
Defensive
Key metrics
- Market cap
- ₹233 Cr
- Small cap
- P/E
- 22.8
- Industry 17.0
- Price to book
- 1.51
- Peers 3.81
- Dividend yield
- 0.35%
- ROE
- 7.3%
- Peers 10.1%
- ROCE
- 12.3%
- Peers 10.7%
- Debt to equity
- 0.50
- Debt ₹73 Cr
- EPS (TTM)
- ₹7.42
- Face value ₹10
- OPM (TTM)
- 9.6%
- Net margin 2.8%
- Sales growth
- −3.1%
- Latest quarter vs a year ago
- Profit growth
- −24.4%
- Latest quarter vs a year ago
- Price to sales
- 0.69
- EV/EBITDA 8.2
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 7.3%.
- Quarterly profit down 24.4% on a year ago.
- Quarterly sales down 3.1% on a year ago.
About Shiva Texyarn
Shiva Texyarn Limited engages in the manufacturing of yarn and technical textile products in India and internationally. The company offers combed, slub, fancy, and carded and compact yarns; lamination products for mattress protectors, medical textiles, industrial and military applications, and outdoor clothing fabric-breathable shells; and digital canvas products, including poly cotton, cotton canvas, and polyester canvas. It also provides reusable and…
- Headquarters
- Coimbatore
- Employees
- 1,430
- Sector
- Consumer Cyclical
- ISIN
- INE705C01020
- Website
- shivatex.in
Price range
- Avg volume (3M)
- 6K
- 1-year return
- minus 8.5%
- From 52-week high
- minus 14.3%
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% |
| SHIVATEXShiva Texyarn | 169.48 | plus 2.02% | 233 | 22.8 | 1.51 | – | 6.6% | 5.4% | – | – | 0.35% | minus 8.5% |
| 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 |
|---|---|---|---|---|---|
| 76.2 | 105 | 76.4 | 82.9 | 73.8 | |
| 67.2 | 91.7 | 67.2 | 80.4 | 66.6 | |
| 9 | 13.3 | 9.2 | 2.5 | 7.2 | |
| 11.8% | 12.7% | 12.1% | 3.0% | 9.8% | |
| 0.4 | 0.8 | 0.3 | 4.2 | 0.5 | |
| 2.9 | 3.4 | 3.1 | 2.4 | 2.1 | |
| 3.6 | 3.7 | 3.7 | 3.4 | 3.3 | |
| 2.9 | 7 | 2.6 | 0.9 | 2.4 | |
| 14.9% | 17.4% | 38.0% | 66.4% | 22.7% | |
| 2.5 | 5.8 | 1.6 | 0.3 | 1.9 | |
| 1.89 | 4.49 | 1.26 | 0.24 | 1.43 |
Profit & loss
- Sales CAGR 3Y
- −6.0%
- ROE
- 7.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 410 | 334 | 322 | 340 | |
| – | minus 18.5% | minus 3.6% | +5.5% | |
| 401 | 322 | 287 | 301 | |
| 9.4 | 12.5 | 35.7 | 39 | |
| 2.3% | 3.7% | 11.1% | 11.5% | |
| −0.2 | 0.7 | 0.4 | −0.6 | |
| 12.2 | 10.5 | 10.8 | 9.4 | |
| 14.1 | 14.8 | 14.4 | 14.5 | |
| 13.6 | −1.7 | −1.2 | −1 | |
| −3.5 | −13.8 | 9.7 | 13.5 | |
| −87.5% | 22.1% | −23.9% | 24.3% | |
| −6.6 | −10.8 | 12.1 | 10.2 | |
| -5.12 | -8.31 | 9.31 | 7.88 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13 | 13 | 13 | 13 | |
| 121 | 110 | 123 | 132 | |
| 104 | 105 | 106 | 73.3 | |
| 69.9 | 60.9 | 62.8 | 52.5 | |
| 308 | 289 | 304 | 271 | |
| 196 | 182 | 171 | 149 | |
| 3.8 | 1 | 2.8 | 1.1 | |
| 3.2 | 3.5 | 5.2 | 5.2 | |
| 0.7 | 1.5 | 0.9 | 9.4 | |
| 104 | 101 | 124 | 107 | |
| 308 | 289 | 304 | 271 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 67.2 | 2.4 | 13.3 | 49.8 | |
| −5.6 | 5.1 | −3.4 | 3.3 | |
| −63.8 | −12.1 | −10.2 | −44.7 | |
| −2.3 | −4.6 | −0.2 | 8.4 | |
| −27.5 | −6.9 | −4.4 | −4.1 | |
| 39.6 | −4.5 | 8.9 | 45.7 | |
| −1.8 | – | – | −0.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.