Shiva Mills Limited (SHIVAMILLS)

About

Shiva Mills Limited operates in Other Textile Products within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹49 Cr

P/E

14.4×

P/B

0.5×

Dividend yield

0%

ROE

-0.1%

ROCE

-0.1%

Debt / equity

0

OPM

4.1%

EPS (TTM)

₹3.9

Book value

₹107.0

52-week high

—

52-week low

—

2,118 historical price candles were omitted because the exchange source has not been verified.

₹56.6-5.7%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+High promoter holding of 74.9% with no pledge

Cons

−Low return on equity of -2.5% (3-yr avg)
−Thin operating margin of 4.1%
−Modest revenue growth of 0% a year over the last 5 years
−Weak interest coverage of -0.2×

Research score

Structured signal from quality, growth, valuation and momentum.

40/100

Business quality: 20
Growth: 11
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

Loading peers…

Financials

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

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	170	171	175	164	139	213	159	158	169	139
COGS	107	117	116	117	91	141	131	123	131	100
Gross profit	63	54	59	47	48	72	28	35	39	39
	41	38	40	35	28	42	30	32	36	33
	21	16	20	12	20	30	-2	3	2	6
OPM %	12.6%	9.5%	11.2%	7.4%	14.5%	14.3%	-1.1%	1.7%	1.3%	4.1%
Depreciation	5	5	5	5	6	6	6	7	7	7
Interest	6	6	8	6	3	1	1	1	1	0
	0	1	1	0	0	1	1	1	2	1
Profit before tax	10	6	8	2	12	25	-7	-4	-4	-0
Tax	6	2	1	0	4	7	-0	-1	-0	-0
Tax %	57.2%	35%	13%	24.5%	30%	28%	-4.2%	-17.3%	-10.4%	-80.9%
	4	4	7	1	9	18	-7	-3	-4	-0
PAT margin %	2.6%	2.3%	3.8%	0.7%	6.2%	8.3%	-4.5%	-2.1%	-2.3%	-0.1%
EPS (₹)	5.2	4.5	7.6	1.3	9.9	20.4	-8.3	-3.8	-4.4	-0.1
EPS adjusted (₹)	896	4.5	7.6	1.3	9.9	20.4	-8.3	-3.8	-4.4	-0.1
	0%	31.3%	18.3%	0%	10.1%	5.9%	—	—	—	—
Annual report	—	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	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	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	0	9	9	9	9	9	9	9	9	9
Reserves	7	69	74	74	82	99	91	88	84	84
Minority interest	64	—	—	—	0	—	—	—	—	0
	53	55	52	39	4	8	0	10	10	0
	22	27	20	19	20	16	16	16	16	15
Total equity & liabilities	146	159	155	141	115	132	116	123	118	107
	76	81	80	76	70	65	64	63	59	55
CWIP	5	0	—	—	—	3	3	0	0	0
Investments	0	0	0	0	0	0	2	2	2	1
	66	78	75	65	44	64	47	58	57	51
Total assets	146	159	155	141	115	132	116	123	118	107

Loading financials…

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 %	33.9%	28.6%	34.8%	34%	17.6%	22.2%	22.8%	27.8%
EBITDA margin %	11.2%	7.4%	14.5%	14.3%	-1.1%	1.7%	1.3%	4.1%
EBIT margin %	8.2%	4.1%	10.4%	11.6%	-4.9%	-2.6%	-2.7%	-0.9%
PAT margin %	3.8%	0.7%	6.2%	8.3%	-4.5%	-2.1%	-2.3%	-0.1%
Working capital
Receivable days	56	59	28	26	33	46	58	32
Inventory days	123	105	108	116	43	93	71	106
Payable days	—	—	—	—	15	16	17	19
NWC days	—	—	—	—	61	123	112	119
Leverage
Current ratio	1.13	1.19	2.2	3.06	3.46	2.27	2.32	3.8
Debt to EBITDA	2.64	3.22	0.19	0.26	—	3.89	4.62	0
Debt to equity	0.63	0.48	0.04	0.07	0	0.11	0.11	0
Interest coverage	2	1.3	5.8	27.1	-6.9	-4.2	-2.4	-0.2
Asset turnover	1.13	1.17	1.21	1.61	1.37	1.29	1.43	1.3
Return ratios
Return on assets %	4.3%	0.8%	7.5%	13.4%	-6.2%	-2.6%	-3.2%	-0.1%
Return on capital employed %	16.9%	8.1%	16.1%	24.7%	-6.1%	-3.2%	-3.1%	-0.1%
Return on equity %	8%	1.4%	9.4%	16.4%	-7.2%	-3.4%	-4.1%	-0.1%

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.

Loading ratios…

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
	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%	74.94%
	0.36%	0.36%	0.36%	0.37%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%
	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	24.69%	24.69%	24.69%	24.68%	24.73%	24.73%	24.73%	24.73%	24.73%	24.73%	24.73%	24.73%
No. of shareholders	—	—	—	—	—	—	—	—	8,301	8,071	7,968	7,826

Promoter holding up 0 percentage points since Sep 2023.

45 deals · 2 Nov 2021 – 28 Apr 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
28 Apr 2025	AMIT KUMAR JAIN	Bulk	NSE	Buy	94,605	₹88.29	₹0.84 Cr
28 Apr 2025	AMIT KUMAR JAIN	Bulk	NSE	Sell	94,605	₹87.95	₹0.83 Cr
28 Apr 2025	POOJA JAIN	Bulk	NSE	Sell	83,099	₹88.16	₹0.73 Cr
28 Apr 2025	POOJA JAIN	Bulk	NSE	Buy	73,099	₹87.87	₹0.64 Cr
28 Apr 2025	PRASHANT EQUITY MANAGEMENT PRIVATE LIMITED	Bulk	NSE	Buy	63,842	₹87.88	₹0.56 Cr
28 Apr 2025	PRASHANT EQUITY MANAGEMENT PRIVATE LIMITED	Bulk	NSE	Sell	40,842	₹86.53	₹0.35 Cr
9 Dec 2024	SILVER LINE VENTURES PRIVATE LIMITED	Bulk	NSE	Sell	96,929	₹115.86	₹1.12 Cr
9 Dec 2024	SILVER LINE VENTURES PRIVATE LIMITED	Bulk	NSE	Buy	71,420	₹112.56	₹0.80 Cr
9 Dec 2024	INDRA KIRAN VENTURES	Bulk	NSE	Buy	53,030	₹116.16	₹0.62 Cr
9 Dec 2024	SILVER LINE VENTURES PRIVATE LIMITED	Bulk	BSE	Buy	50,000	₹115.70	₹0.58 Cr

1–10 of 45

1 / 5

Mr. SANGAMPALAYAM VEDANAYAGAM ALAGAPPANExecutive Director-Chairperson-MD
Mr. SANGAMPALAYAM KANDASAMI SUNDARARAMANNon-Executive - Non Independent Director
Mrs. SIVAKUMAR LALITHAExecutive Director
Mr. SENNIMALAI GOUNDER PALANISWAMINon-Executive - Independent Director
Mr. CHELLAMUTHU SIVASAMYNon-Executive - Independent Director
Mr. MYLSWAMY GANESHKUMARNon-Executive - Independent Director
Mr. KARUPPUSAMY MANIKANDANNon-Executive - Independent Director
Mr. R SelvarajChief Financial Officer
M ShyamalaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

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.

Loading f&o…

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 Shiva Mills Limited. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

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

Announcements

30

Annual reports

10

Credit ratings

1

Intimation of Credit Rating.16 Jul 2026

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

Loading documents…

Events

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

4

Final dividend17 Aug 2022 · ex-date₹1.2
Final dividend9 Sept 2021 · ex-date₹1
Final dividend8 Aug 2019 · ex-date₹1.4
Dividend dividend14 Sept 2018 · ex-date₹1.4

1

Board meeting to consider results6 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

57 announcementsExport CSV

27 Aug 2026, 6:54 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

27 Aug 2026, 6:24 pmCompany Update

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Appointment of Statutory Auditor/s PDF

27 Aug 2026, 6:17 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

27 Aug 2026, 6:00 pmCompany Update

Announcement under Regulation 30 (LODR)-Meeting Updates

Meeting Updates PDF

20 Aug 2026, 12:21 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Aug 2026, 4:36 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

28 Jul 2026, 4:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

27 Jul 2026, 10:48 amCorp. Action

Cut-Off Date For Remote E-Voting.

Record Date PDF

Date	Category	Subject	Filing
27 Aug 2026, 6:54 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
27 Aug 2026, 6:24 pm	Company Update Appointment of Statutory Auditor/s	Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Loading announcements…

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7	19	18	16	43	-3	27	-17	4	16
	-6	-5	-4	-1	-0	-1	-8	-3	-3	-1
	2	-18	-12	-20	-39	2	-10	10	-2	-10
Net cash flow	3	-3	2	-5	3	-2	9	-10	-0	5
Free cash flow	—	—	—	—	42	-4	19	-20	1	13
CFO / Operating profit %	32.1%	117.4%	90.5%	133.9%	211%	-10.2%	—	-653.2%	189.3%	285.9%

Shiva Mills Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends4

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends4

Board meetings1

Announcements

Annual reports

Credit ratings

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

4

1

4

1