TNA Solutions (BSE: TNA) had a P/E of 8.9× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 29% below their 52-week high. Its ROCE of 39% is the highest among the 7 largest Textile Manufacturing peers. Debt is 1.15× equity. It is listed on an SME platform with a market cap of ₹86 Cr, ranked 128th of 246 Textile Manufacturing companies by market cap; the shares fell 29% over the past year.
- ₹42.10
- ₹42.10
- ₹42.00
- ₹42.35
- 4K
Health check
- ReturnsBehind
−28.6% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 8.9 vs industry 17.0.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityStrong
ROCE 39.4% vs peer median 10.7%.
- Balance sheetFair
Debt 1.15× equity, interest covered 4.7×, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹86 Cr
- Small cap
- P/E
- 8.9
- Industry 17.0
- Price to book
- 0.31
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 32.6%
- Peers 10.1%
- ROCE
- 39.4%
- Peers 10.7%
- Debt to equity
- 1.15
- Debt ₹47 Cr
- EPS (TTM)
- ₹4.70
- OPM (TTM)
- 18.9%
- Net margin 9.9%
- Sales growth
- +18.3%
- Latest quarter vs a year ago
- Profit growth
- +44.6%
- Latest quarter vs a year ago
- Price to sales
- 0.76
- EV/EBITDA 2.8
Strengths and risks
Strengths
- Return on equity of 32.6%.
- Return on capital employed of 39.4%.
- Quarterly profit up 44.6% on a year ago.
- Quarterly sales up 18.3% on a year ago.
- P/E of 8.9 against an industry P/E of 17.0.
About TNA Solutions
TNA Solutions Limited engages in manufacturing home textile products for domestic and international customers. The company offers home furnishing products including bed sheets, mattress protectors, pillow covers, towels, and related items. It serves consumers and businesses. TNA Solutions Limited was founded in 2021 and based in Indore, India.
- Headquarters
- Indore
- Employees
- 165
- Sector
- Consumer Cyclical
- ISIN
- INE10VL01011
- Website
- tnasolutions.co.in
Price range
- Avg volume (3M)
- 1.9 L
- 1-year return
- minus 28.6%
- From 52-week high
- minus 28.6%
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% |
| TNATNA Solutions | 42.00 | minus 0.83% | 86 | 8.9 | 0.31 | 39.4% | 32.6% | 18.9% | – | – | 0.00% | minus 28.6% |
| 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
- ROE
- 32.6%
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 35.9 | 81.5 | 105 | |
| – | +127.3% | +28.3% | |
| 30.7 | 71.2 | 91.4 | |
| 5.1 | 10.3 | 13.2 | |
| 14.3% | 12.6% | 12.6% | |
| 0.4 | 1.9 | 3.9 | |
| 1.2 | 2.5 | 3.5 | |
| 0.2 | 0.4 | 0.7 | |
| – | 0 | −0 | |
| 4.1 | 9.4 | 12.9 | |
| 35.1% | 29.0% | 25.6% | |
| 2.7 | 6.7 | 9.6 | |
| – | +147.7% | +43.9% | |
| 1.32 | 3.26 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| – | 2.9 | 3 | |
| – | 20 | 32.9 | |
| 11.4 | 25.7 | 46.3 | |
| 8 | 8.9 | 12 | |
| 24.3 | 57.5 | 94.2 | |
| 0.5 | 2.2 | 5.2 | |
| 0.3 | 1 | 3 | |
| 0.1 | 3.3 | 0.1 | |
| 23.4 | 51 | 86 | |
| 24.3 | 57.5 | 94.2 |
Cash flow
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| −8.6 | −17.3 | −18.5 | |
| −0.7 | −2.7 | −5.6 | |
| 9.1 | 23.1 | 20.9 | |
| −0.1 | 3.2 | −3.2 | |
| −0.4 | −2.1 | −3.7 | |
| −9 | −19.4 | −22.2 |
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.