Ginni Filaments Limited (GINNIFILA)

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Ginni Filaments Limited (GINNIFILA) · mywealthgrid

About

Ginni Filaments is a textiles company focused on Other Textile Products within the Consumer Discretionary sector. At ₹382 Cr market cap with quarterly revenue of ₹82–103 Cr, it recovered from near-loss in late 2024 but shows no revenue growth trajectory and highly volatile margins.

Face value: ₹10

Market cap

₹343 Cr

P/E

9.7×

P/B

1.5×

Dividend yield

ROE

17%

ROCE

23.4%

Debt / equity

0.14

OPM

18.2%

EPS (TTM)

₹4.1

Book value

₹27.5

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin volatility signals operational fragility (OPM ranged 2.58% Sep 2024 to 22.26% Jun 2025, now 14.32%; verify underlying causes and hedging)
Revenue flat at ₹82–103 Cr for 8 consecutive quarters despite sector recovery (verify: market share loss or segment-maturity headwinds)
Profitability trough in late 2024 (net loss ₹0.69 Cr, near break-even ₹0.08 Cr Sep 2024) raises questions about cost structure sustainability
Stock underperformed 18.87% YoY despite operational recovery (verify: fund redemptions, sentiment, or relative peer underperformance)

Generated analysis · source review pending

Growth drivers

Operational recovery: net profit ₹9.74 Cr swing from Dec 2024 loss to Jun 2026 profit; verify if sustained or cyclical
Low leverage (D/E 0.14) enables growth investment without financial distress; verify capex or M&A deployment plans
OPM recovered from 2.58% trough to 14–18% range; verify if new operational steady-state or temporary cyclical bounce
ROE 17.03% signals capital efficiency; verify sustainability under revenue growth or if margin-dependent

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹40.1+0.2%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 13.2×
+High promoter holding of 69.7% with no pledge

Cons

−Low return on equity of -5.5% (3-yr avg)
−Profit declined 2.2% a year over the last 5 years
−Revenue shrank over the last 5 years (-13.9% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

57/100

Business quality: 67
Growth: 7
Valuation

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 · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	750	768	808	788	778	1,084	953	351	374	369
COGS	-444	-445	520	487	440	654	638	196	196	167
Gross profit	—	—	288	302	338	430	315	155	178	202
	1,127	1,136	237	242	228	316	293	133	154	135
	68	76	51	59	110	114	22	22	24	67
OPM %	9%	9.9%	6.4%	7.5%	14.2%	10.5%	2.4%	6.4%	6.5%	18.2%
Depreciation	29	26	26	26	25	26	29	15	16	10
Interest	35	—	33	33	27	24	23	12	10	4
	1	—	4	9	5	11	4	-83	6	-8
Profit before tax	7	32	-3	9	63	74	-26	-88	4	45
Tax	3	14	0	4	22	26	-11	-4	0	8
Tax %	39.5%	43.6%	0.6%	38.2%	34.9%	35%	-44.3%	-4.3%	5.2%	18.4%
	4	18	-3	6	41	48	-14	-84	4	37
PAT margin %	0.6%	2.3%	-0.4%	0.7%	5.3%	4.5%	-1.5%	-24.1%	1.1%	10.1%
EPS (₹)	0.5	—	-0.5	0.8	5.8	5.8	-1.7	-9.9	0.5	4.3
EPS adjusted (₹)	—	—	—	0.8	5.2	5.7	-1.7	-9.9	0.5	4.3
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	—	—	—	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	71	79	86	86	86	86	86
Reserves	—	160	207	193	109	114	150
	—	212	302	256	78	66	33
	155	133	182	102	81	71	60
Total equity & liabilities	226	583	777	637	354	336	329
	224	217	269	263	125	110	111
CWIP	—	2	3	4	0	0	3
Investments	—	34	33	36	34	34	33
	2	331	472	335	195	192	182
Total assets	226	583	777	637	354	336	329

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Textiles	238.37	36.97	181.81	58.02	123.79	29.87
Consumer Products	205.62	22.31

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Ratios

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

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	35.7%	38.3%	43.4%	39.7%	33.1%	44.2%	47.7%	54.8%
EBITDA margin %	6.4%	7.5%	14.2%	10.5%	2.4%	6.4%	6.5%	18.2%
EBIT margin %	3.2%	4.3%	11%	8.1%	-0.7%	2.1%	2.3%	15.6%
PAT margin %	-0.4%	0.7%	5.3%	4.5%	-1.5%	-24.1%	1.1%	10.1%
Working capital
Receivable days	—	—	49	49	36	62	59	68
Inventory days	—	—	149	144	93	94	102	98
Payable days	—	—	29	45	22	78	49	33
NWC days	—	—	169	148	106	78	112	133
Leverage
Current ratio	—	—	1.16	1.33	1.28	1.54	1.73	2.69
Debt to EBITDA	—	—	1.92	2.65	11.38	3.51	2.7	0.49
Debt to equity	—	—	0.89	1.03	0.92	0.4	0.33	0.14
Interest coverage	0.9	1.1	3.3	3.8	-0.1	0.7	1.4	13.2
Asset turnover	—	3.49	1.33	1.4	1.5	0.99	1.11	1.12
Return ratios
Return on assets %	—	2.5%	7.1%	6.2%	-2.3%	-23.9%	1.3%	11.3%
Return on capital employed %	—	—	29.3%	25.7%	-0.7%	2.6%	6.1%	23.4%
Return on equity %	—	—	17.3%	16.5%	-5.1%	-43.4%	2.1%	15.7%

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 (%)	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%	69.72%
	0.07%	0.07%	0.07%	0.07%	0.1%	0.07%	0.03%	0.13%	0.02%	0.26%	0.14%	0.24%
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%
	30.21%	30.21%	30.21%	30.21%	30.18%	30.21%	30.25%	30.15%	30.26%	30.02%	30.14%	30.04%
No. of shareholders	—	—	—	—	—	—	—	—	—	—	25,968	25,587

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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 Ginni Filaments 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

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Events

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

1

Board meeting to consider results28 Jul 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

14 announcementsExport CSV

21 Aug 2026, 12:26 pmCompany Update

Intimation About 43Rd Annual General Meeting Of The Company Scheduled To Be Held On 28/09/2026 At 11:45 A.M Through VC/OAVM Only, Book Closure And Fixation Of Cut-Off Date For E-Voting And Period Of Remote E-Voting.

General PDF

30 Jul 2026, 12:22 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

28 Jul 2026, 2:48 pmBoard Meeting

Board Meeting Outcome for Unaudited Financial Results For Quarter Ended 30Th June,2026

Outcome of Board Meeting PDF

8 Jul 2026, 11:44 amBoard Meeting

Board Meeting Intimation for To Consider The Un Audited Financial Results For The Quarter Ended 30Th June, 2026.

Exchange filing PDF

7 Jul 2026, 5:00 pmCompany Update

Re Lodgement Of Transfer Of Physical Shares

General PDF

6 Jul 2026, 4:49 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

Date	Category	Subject	Filing
21 Aug 2026, 12:26 pm	Company Update General	Intimation About 43Rd Annual General Meeting Of The Company Scheduled To Be Held On 28/09/2026 At 11:45 A.M Through VC/OAVM Only, Book Closure And Fixation Of Cut-Off Date For E-Voting And Period Of Remote E-Voting.	PDF
30 Jul 2026, 12:22 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	35.7%	38.3%	43.4%	39.7%	33.1%	44.2%	47.7%	54.8%
EBITDA margin %	6.4%	7.5%	14.2%	10.5%	2.4%	6.4%	6.5%	18.2%
EBIT margin %	3.2%	4.3%	11%	8.1%	-0.7%	2.1%	2.3%	15.6%
PAT margin %	-0.4%	0.7%	5.3%	4.5%	-1.5%	-24.1%	1.1%	10.1%
Working capital
Receivable days	—	—	49	49	36	62	59	68
Inventory days	—	—	149	144	93	94	102	98
Payable days	—	—	29	45	22	78	49	33
NWC days	—	—	169	148	106	78	112	133
Leverage
Current ratio	—	—	1.16	1.33	1.28	1.54	1.73	2.69
Debt to EBITDA	—	—	1.92	2.65	11.38	3.51	2.7	0.49
Debt to equity	—	—	0.89	1.03	0.92	0.4	0.33	0.14
Interest coverage	0.9	1.1	3.3	3.8	-0.1	0.7	1.4	13.2
Asset turnover	—	3.49	1.33	1.4	1.5	0.99	1.11	1.12
Return ratios
Return on assets %	—	2.5%	7.1%	6.2%	-2.3%	-23.9%	1.3%	11.3%
Return on capital employed %	—	—	29.3%	25.7%	-0.7%	2.6%	6.1%	23.4%
Return on equity %	—	—	17.3%	16.5%	-5.1%	-43.4%	2.1%	15.7%

1 deal · 13 May 2025 – 13 May 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
13 May 2025	ANANT JAIN	Bulk	NSE	Buy	5,90,478	₹36.48	₹2.15 Cr

1–1 of 1

1 / 1

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.

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	114	-1	119	43	10	61
	-17	-76	-24	179	-1	-26
	-97	77	-94	-208	-23	-38
Net cash flow	-0	-1	1	15	-14	-3
Free cash flow	92	-80	94	14	6	53
CFO / Operating profit %	103.1%	-1%	527.9%	195%	42.5%	91.4%

Ginni Filaments Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

Announcements

Not in the F&O segment

No fund holdings on record

1

Announcements

Annual reports

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

CONSUMER PRODUCT · revenue

Ginni Filaments Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Board meetings1

Announcements

Quarterly record

Annual reports

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

CONSUMER PRODUCT · revenue

1

1