Shahlon Silk Industries Ltd (SHAHLON)

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Shahlon Silk Industries Ltd (SHAHLON) · mywealthgrid

About

Small-cap textile company (₹218 Cr market cap) manufacturing discretionary textiles. Recovered sharply from 2020 pandemic collapse—revenue jumped from ₹10.41 Cr (Jun 2020 nadir) to ₹106.68 Cr (Mar 2021)—though operating margins have since compressed to 5.62%.

Face value: ₹2

Market cap

₹207 Cr

P/E

59.6×

P/B

1.9×

Dividend yield

0.6%

ROE

4.1%

ROCE

11%

Debt / equity

1.12

OPM

9.9%

EPS (TTM)

₹0.4

Book value

₹12.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin collapse: operating margins fell from 10%+ (2020–21) to 5.62%. With D/E of 1.21, thin margins leave little buffer against cost shocks.

Valuation stretched: PE of 62.88 prices in significant growth not yet evident in ROE of 3.36%. Verify whether recent results (2026-08-13) justify valuation.

Revenue volatility: swung from ₹10.41 Cr to ₹114.37 Cr across recent quarters. Confirm whether current financial year shows stabilization.

Discretionary sector exposure: demand vulnerable to economic slowdown and consumer confidence; verify company's cost efficiency or pricing power versus peers.

Generated analysis · source review pending

Growth drivers

Pandemic recovery: revenue grew 10× from ₹10.41 Cr (Jun 2020) to ₹106.68 Cr (Mar 2021); verify trend sustained through 2026

Operating leverage on volume: margins recovered to 10.18% (Mar 2021) as production ramped; confirm sustainability above current 5.62%

Domestic discretionary consumption: Indian middle-income recovery ongoing; verify company's market share and whether positioned to capture this growth

Low earnings base post-pandemic: incremental volume growth drives profit expansion if margins stabilize

Generated analysis · source review pending

1,205 historical price candles were omitted because the exchange source has not been verified.

₹23.2+2.1%1Y

Quick read

rule-based

Pros

+Dividend payout of 36% of profit
+High promoter holding of 71.6% with no pledge

Cons

−Low return on equity of 3.8% (3-yr avg)
−Modest revenue growth of 4.3% a year over the last 5 years
−Weak interest coverage of 1.4×

Research score

Structured signal from quality, growth, valuation and momentum.

21/100

Business quality: 17
Growth: 6
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

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Financials

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

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	211	303	302	307	236	260
COGS	142	217	218	235	179	190
Gross profit	68	86	84	72	57	70
	53	66	69	48	44	44
	16	19	15	24	13	26
OPM %	7.5%	6.4%	5.1%	7.7%	5.6%	9.9%
Depreciation	11	10	9	8	6	5
Interest	18	14	14	15	17	15
	18	11	13	5	16	1
Profit before tax	5	6	5	6	6	6
Tax	1	3	1	2	2	2
Tax %	30%	44.8%	26.8%	34.9%	41.1%	27.1%
	3	3	4	4	4	4
PAT margin %	1.7%	1.1%	1.3%	1.3%	1.5%	1.7%
EPS (₹)	2	—	—	—	—	0.5
EPS adjusted (₹)	0.4	0.4	0.4	0.5	0.4	0.5
	12.7%	—	—	—	—	14%
Annual report	Annual report for Mar 2021	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	18	18	18	18	18	18	18
Reserves	—	74	77	81	85	88	92
Minority interest	—	—	—	0	—	—	—
	—	139	132	115	127	128	123
	—	46	51	72	89	49	45
Total equity & liabilities	—	277	278	286	319	283	278
	111	98	91	84	75	67	46
CWIP	—	4	2	0	1	4	2
Investments	—	1	1	1	1	2	3
	—	174	185	201	243	209	227
Total assets	—	277	278	286	319	283	278

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-9	11	12	10	9	0
	17	-1	7	1	-3	19
	-7	-9	-20	-11	-6	-19
Net cash flow	0	0	-1	0	0	0
Free cash flow	-12	10	10	10	1	-0
CFO / Operating profit %	-58.9%	56.9%	79.3%	43.8%	66.9%	0.3%

Compounded sales growth

7 years: —
5 years: 4%
3 years: -5%
1 year: 10%

Compounded profit growth

7 years: —
5 years: 5%
3 years: 6%
1 year: 27%

Return on equity

7 years: —
5 years: 4%
3 years: 4%
Last year: 4%

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Ratios

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

Standalone figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	32.5%	28.3%	27.9%	23.5%	24.1%	26.8%
EBITDA margin %	7.5%	6.4%	5.1%	7.7%	5.6%	9.9%
EBIT margin %	2.2%	3.1%	2.1%	5.2%	2.9%	8%
PAT margin %	1.7%	1.1%	1.3%	1.3%	1.5%	1.7%
Working capital
Receivable days	167	115	143	173	150	112
Inventory days	150	118	108	124	194	241
Payable days	58	45	79	109	46	50
NWC days	259	188	173	187	298	303
Leverage
Current ratio	1.21	1.46	1.34	1.45	2.02	3
Debt to EBITDA	8.79	6.89	7.57	5.35	9.6	4.81
Debt to equity	1.51	1.39	1.17	1.24	1.21	1.12
Interest coverage	0.5	1.4	0.9	1.4	1.3	1.4
Asset turnover	0.76	1.09	1.06	0.96	0.84	0.93
Return ratios
Return on assets %	1.3%	1.1%	1.3%	1.2%	1.2%	1.6%
Return on capital employed %	6.3%	13.4%	8.7%	13.6%	13.2%	11%
Return on equity %	3.8%	3.3%	3.8%	3.9%	3.3%	4.1%

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
	72.04%	72.04%	72.06%	72.05%	71.93%	71.79%	71.79%	71.72%	71.58%	71.58%	71.58%	71.56%
	0%	5.04%	5.59%	5.59%	2.96%	0.84%	0.84%	0.84%	0.84%	0.84%	0.38%	0.38%
	0%	0%	0%	0%	0%	0%	0%	1.76%	2.22%	2.75%	3.64%	3.89%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	27.96%	22.92%	22.35%	22.36%	25.11%	27.37%	27.37%	25.68%	25.36%	24.83%	24.4%	24.17%
No. of shareholders	—	—	—	—	—	—	—	—	5,514	5,342	4,878	4,745

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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 Shahlon Silk Industries Ltd. 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

Credit ratings

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

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Events

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

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

12 announcementsExport CSV

1 Oct 2026, 1:27 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 4:56 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

9 Sept 2026, 2:09 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Sept 2026, 3:38 pmCompany Update

Letter To The Shareholder Pursuant To Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015

General PDF

7 Sept 2026, 3:21 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

7 Sept 2026, 3:13 pmAGM/EGM

Notice Of The 18Th Annual General Meeting (AGM)

AGM PDF

31 Aug 2026, 6:27 pmCompany Update

Intimation Of E-Voting Facility

General PDF

31 Aug 2026, 6:21 pmAGM/EGM

Annual General Meeting Of The Company Will Be Held On Wednesday, September 30, 2026.

AGM PDF

Date	Category	Subject	Filing
1 Oct 2026, 1:27 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 4:56 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	32.5%	28.3%	27.9%	23.5%	24.1%	26.8%
EBITDA margin %	7.5%	6.4%	5.1%	7.7%	5.6%	9.9%
EBIT margin %	2.2%	3.1%	2.1%	5.2%	2.9%	8%
PAT margin %	1.7%	1.1%	1.3%	1.3%	1.5%	1.7%
Working capital
Receivable days	167	115	143	173	150	112
Inventory days	150	118	108	124	194	241
Payable days	58	45	79	109	46	50
NWC days	259	188	173	187	298	303
Leverage
Current ratio	1.21	1.46	1.34	1.45	2.02	3
Debt to EBITDA	8.79	6.89	7.57	5.35	9.6	4.81
Debt to equity	1.51	1.39	1.17	1.24	1.21	1.12
Interest coverage	0.5	1.4	0.9	1.4	1.3	1.4
Asset turnover	0.76	1.09	1.06	0.96	0.84	0.93
Return ratios
Return on assets %	1.3%	1.1%	1.3%	1.2%	1.2%	1.6%
Return on capital employed %	6.3%	13.4%	8.7%	13.6%	13.2%	11%
Return on equity %	3.8%	3.3%	3.8%	3.9%	3.3%	4.1%

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

4 deals · 1 Feb 2024 – 7 Feb 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Feb 2024	KSHITIJ RAJENDRA AGARWAL	Bulk	BSE	Buy	6,18,562	₹26.39	₹1.63 Cr
7 Feb 2024	SETU SECURITIES PVT. LTD.	Bulk	BSE	Sell	5,72,000	₹26.40	₹1.51 Cr
7 Feb 2024	SETU SECURITIES PVT. LTD.	Bulk	BSE	Buy	5,72,000	₹26.40	₹1.51 Cr
1 Feb 2024	SAREEN ESTATES PRIVATE LIMITED	Bulk	BSE	Buy	4,98,487	₹21.74	₹1.08 Cr

1–4 of 4

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.

Shahlon Silk Industries Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit 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

Credit ratings

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends7

Board meetings1

Stock splits1

Announcements

Annual reports

Credit ratings

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

7

1

1