Akshar Spintex Limited (AKSHAR)

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Akshar Spintex Limited (AKSHAR) · mywealthgrid

About

Akshar Spintex Limited operates in Other Textile Products within the Consumer Discretionary sector.

Face value: ₹1

Market cap

₹32 Cr

P/E

—

P/B

0.4×

Dividend yield

ROE

-8.7%

ROCE

-8.7%

Debt / equity

0.06

OPM

-4%

EPS (TTM)

₹-0.1

Book value

₹1.0

52-week high

—

52-week low

—

1,075 historical price candles were omitted because the exchange source has not been verified.

₹0.40%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0.1)

Cons

−Low return on equity of -2.4% (3-yr avg)
−Revenue shrank over the last 3 years (-4.7% a year)
−Weak interest coverage of -18.8×
−Low promoter holding of 0.3%

Research score

Structured signal from quality, growth, valuation and momentum.

51/100

Business quality: 19
Growth: 32
Valuation: 100

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	172	136	175	117	117
COGS	137	120	147	101	102
Gross profit	35	15	28	16	15
	22	16	20	18	20
	13	-1	8	-2	-5
OPM %	7.5%	-0.4%	4.4%	-2.1%	-4%
Depreciation	4	4	4	5	7
Interest	3	2	1	1	0
	3	2	3	2	4
Profit before tax	10	-4	5	-6	-8
Tax	3	-1	2	-1	-1
Tax %	27.3%	-34.1%	31.1%	-24.3%	-8.8%
	7	-3	3	-4	-7
PAT margin %	4.1%	-2%	2%	-3.8%	-6.3%
EPS (₹)	—	-1.1	0.1	-0.1	-0.1
EPS adjusted (₹)	0.2	-0.1	0.1	-0.1	-0.1
	—	—	8.3%	—	—
Annual report	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	25	25	25	30	79	79
Reserves	11	18	16	14	9	2
	25	26	18	19	6	5
	9	24	18	11	4	10
Total equity & liabilities	71	93	76	74	98	96
	46	43	39	39	37	40
CWIP	0	0	0	0	—	0
Investments	0	0	0	0	0	0
	25	50	37	34	61	56
Total assets	71	93	76	74	98	96

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3	10	5	-29	8
	-1	-0	-5	-3	-8
	-2	-10	-0	35	-1
Net cash flow	-0	-0	0	3	-1
Free cash flow	—	10	0	-29	8
CFO / Operating profit %	22.5%	—	61.7%	—	—

Compounded sales growth

7 years: —
5 years: —
3 years: -5%
1 year: 0%

Return on equity

7 years: —
5 years: 1%
3 years: -2%
Last year: -9%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	20.1%	11.2%	15.8%	13.7%	12.8%
EBITDA margin %	7.5%	-0.4%	4.4%	-2.1%	-4%
EBIT margin %	5.1%	-3.6%	1.9%	-6%	-9.8%
PAT margin %	4.1%	-2%	2%	-3.8%	-6.3%
Working capital
Receivable days	2	33	10	24	16
Inventory days	88	53	60	155	139
Payable days	36	45	21	8	29
NWC days	54	41	50	171	126
Leverage
Current ratio	1.33	1.31	1.58	9.91	4.48
Debt to EBITDA	1.98	—	2.46	—	—
Debt to equity	0.59	0.43	0.43	0.07	0.06
Interest coverage	4.8	-1.4	4.8	-4.4	-18.8
Asset turnover	1.85	1.77	2.37	1.19	1.22
Return ratios
Return on assets %	7.6%	-3.6%	4.7%	-4.5%	-7.7%
Return on capital employed %	21.8%	-4.7%	12.4%	-6.6%	-8.7%
Return on equity %	16.2%	-6.8%	7.9%	-5%	-9.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	43.75%	37.57%	12.04%	11.62%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%
FII	0%	0.01%	0.01%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	56.25%	62.42%	87.95%	88.38%	99.73%	99.73%	99.73%	99.73%	99.73%	99.73%	99.73%	99.73%
No. of shareholders	—	—	—	—	—	—	—	—	1,47,519	1,44,736	1,42,952	1,41,087

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Akshar Spintex Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Interim dividend4 Jan 2024 · ex-date₹0.01

1

Board meeting to consider results7 Aug 2026

1

Face value ₹10 → ₹131 Jul 2023 · ex-date

1–3 of 4

1 / 2

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

6 announcementsExport CSV

30 Sept 2026, 6:14 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

28 Sept 2026, 2:18 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

2 Sept 2026, 12:19 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

1 Sept 2026, 5:22 pmAGM/EGM

Notice Of 13Th Annual General Meeting (''AGM'') Of The Members Of Akshar Spintex Limited Is Scheduled To Be Held On Monday 28Th September,2026 At 1:30 P.M. (IST) Through Two-Way Video Conferencing (''VC'') Facility / Other Audio Visual Means (''OAVM'')

AGM PDF

1 Sept 2026, 3:25 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

1 Sept 2026, 2:31 pmOthers

Board Meeting Outcome for Outcome Of Board Meeting Of AKSHAR SPINTEX LIMITED Held On Tuesday, 1St September, 2026 At 1:10 P.M.

Outcome without intimation PDF

Date	Category	Subject	Filing
30 Sept 2026, 6:14 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
28 Sept 2026, 2:18 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

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Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	20.1%	11.2%	15.8%	13.7%	12.8%
EBITDA margin %	7.5%	-0.4%	4.4%	-2.1%	-4%
EBIT margin %	5.1%	-3.6%	1.9%	-6%	-9.8%
PAT margin %	4.1%	-2%	2%	-3.8%	-6.3%
Working capital
Receivable days	2	33	10	24	16
Inventory days	88	53	60	155	139
Payable days	36	45	21	8	29
NWC days	54	41	50	171	126
Leverage
Current ratio	1.33	1.31	1.58	9.91	4.48
Debt to EBITDA	1.98	—	2.46	—	—
Debt to equity	0.59	0.43	0.43	0.07	0.06
Interest coverage	4.8	-1.4	4.8	-4.4	-18.8
Asset turnover	1.85	1.77	2.37	1.19	1.22
Return ratios
Return on assets %	7.6%	-3.6%	4.7%	-4.5%	-7.7%
Return on capital employed %	21.8%	-4.7%	12.4%	-6.6%	-8.7%
Return on equity %	16.2%	-6.8%	7.9%	-5%	-9.1%

327 deals · 17 Dec 2021 – 9 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
9 Apr 2026	GABANI CHETANKUMAR BABUBHAI	Bulk	BSE	Sell	49,71,796	₹0.45	₹0.22 Cr
9 Apr 2026	GABANI CHETANKUMAR BABUBHAI	Bulk	BSE	Buy	1,00,000	₹0.51	₹0.01 Cr
5 Sept 2025	MOHAN SENTHIL SUNDARAM	Bulk	NSE	Sell	84,00,196	₹0.50	₹0.42 Cr
5 Sept 2025	RAKESH KUMAR UPPAL AND SONS HUF	Bulk	NSE	Sell	41,74,303	₹0.51	₹0.21 Cr
5 Sept 2025	RAKESH KUMAR UPPAL AND SONS HUF	Bulk	NSE	Buy	27,85,027	₹0.50	₹0.14 Cr
5 Nov 2024	ANKITA VISHAL SHAH	Bulk	NSE	Sell	1,85,35,009	₹0.84	₹1.56 Cr
5 Nov 2024	ANKITA VISHAL SHAH	Bulk	BSE	Sell	72,00,000	₹0.84	₹0.60 Cr
5 Nov 2024	ISHAAN TRADEFIN LLP	Bulk	NSE	Sell	65,00,000	₹0.84	₹0.55 Cr
5 Nov 2024	ISHAAN TRADEFIN LLP	Bulk	NSE	Buy	21,00,000	₹0.84	₹0.18 Cr
5 Nov 2024	ANKITA VISHAL SHAH	Bulk	NSE	Buy	1,35,009	₹0.84	₹0.01 Cr

1–10 of 327

1 / 33

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Akshar Spintex Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends1

Board meetings1

Stock splits1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends1

Board meetings1

Stock splits1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

1

1

1

1

1

1