Shri Dinesh Mills Ltd (SHRIDINE)

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Shri Dinesh Mills Ltd (SHRIDINE) · mywealthgrid

About

Shri Dinesh Mills operates in Other Textile Products within India's consumer discretionary sector. With a market cap of ₹217.5 Cr, it is a mid-scale textile manufacturer with historical quarterly revenues of ₹10–15 Cr. The company exhibits sharp operational volatility, with profitability swinging from losses (–₹3.16 Cr, Mar 2020) to strong gains (₹3.86 Cr, Sep 2020) and margins ranging from 0% to 29.78%.

Face value: ₹10

Market cap

₹206 Cr

P/E

27.1×

P/B

1.0×

Dividend yield

ROE

3.9%

ROCE

5.2%

Debt / equity

0.01

OPM

4.8%

EPS (TTM)

₹13.6

Book value

₹357.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme profitability instability: net profit ranged from –₹3.16 Cr to +₹3.86 Cr over 2019–2021, and OPM from 0% to 29.78%. Verify what drives these swings and whether operations have stabilized in FY2026.
Current OPM of 3.71% is razor-thin; with historical quarterly revenues of ₹10–15 Cr, any cost inflation or price pressure could eliminate margins. Verify recent raw-material and pricing trends.
PE of 197.73 and ROE of 4.03% are extremely concerning; the stock is pricing in substantial recovery. Verify whether FY2026 results (announced 2026-08-12) evidence real operational improvement.
Zero FII and minimal DII (0.07%) suggest institutional investors lack confidence; 52w price surge to ₹388.4 (+33.29% return) may reflect retail sentiment rather than fundamental improvement. Verify basis of recent share appreciation.

Generated analysis · source review pending

Growth drivers

Sep 2020 achieved net profit of ₹3.86 Cr on revenue of ₹13.17 Cr (OPM 29.78%); sustaining margins at this level would sharply improve returns. Verify whether operational improvements driving this result have persisted in FY2026.
D/E ratio of 0.04 is very low, providing significant debt capacity for capex or working-capital investment. Verify industry capex intensity and the company's medium-term investment plans.
Share price appreciation to ₹388.4 and dividend declarations through 2026 suggest market expects earnings recovery; verify whether H1 FY2026 results evidence sustained profitability improvement.

Generated analysis · source review pending

2,102 historical price candles were omitted because the exchange source has not been verified.

₹368.0+0.4%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 16.6×
+Dividend payout of 25.8% of profit

Cons

−Thin operating margin of 4.8%
−Profit declined 6.6% a year over the last 5 years
−Revenue shrank over the last 5 years (-1.8% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

29/100

Business quality: 40
Growth: 0
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

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	99	103	94	89	66	74	90	98	67	67	68
COGS	32	31	34	31	22	22	27	35	14	15	17
Gross profit	66	72	60	58	44	52	63	62	53	51	51
	55	63	57	51	41	39	46	52	50	49	47
	12	9	4	7	4	14	17	10	3	2	3
OPM %	12%	8.9%	4.1%	8.1%	5.9%	18.3%	18.7%	10.7%	3.8%	3.7%	4.8%
Depreciation	9	9	9	8	7	6	5	6	3	3	3
Interest	3	3	2	2	1	1	1	1	0	1	1
	3	9	10	7	8	5	26	26	61	13	9
Profit before tax	3	1	-8	-1	4	12	37	29	60	12	9
Tax	-0	—	—	—	—	1	4	5	14	4	1
Tax %	-12.5%	—	—	—	—	8.6%	10.7%	17.7%	22.6%	32.7%	11.6%
	3	2	-7	-0	4	11	33	24	47	8	8
PAT margin %	3.2%	2.2%	-7.2%	-0.3%	6.4%	14.4%	36.3%	24.6%	69.5%	12%	11.6%
EPS (₹)	6	—	—	—	—	—	—	10.2	90.3	18.7	13.2
EPS adjusted (₹)	6.2	4.9	-12.4	-0.1	2.1	19.1	58.4	42.9	83.3	14.2	13.6
	25.1%	—	—	—	—	—	—	98.2%	33.2%	10.7%	11.4%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	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 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	5	5	6	6	6	6	6	6
Reserves	95	96	91	93	—	105	132	152	196	189	195
Minority interest	—	—	—	—	—	9	11	11	7	5	—
	17	17	6	3	—	5	7	14	24	8	2
	47	46	46	45	—	23	30	37	38	60	26
Total equity & liabilities	164	164	147	146	—	147	186	220	271	267	229
	74	74	58	54	45	39	44	49	55	24	22
CWIP	—	0	0	—	—	0	0	0	0	0	0
Investments	34	34	35	47	—	74	92	116	163	157	171
	56	56	53	45	—	34	50	55	54	86	36
Total assets	164	164	147	146	—	147	186	220	271	267	229

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	64.8%	67.2%	70.2%	69.7%	63.8%	78.9%	76.9%	74.6%
EBITDA margin %	8.1%	5.9%	18.3%	18.7%	10.7%	3.8%	3.7%	4.8%
EBIT margin %	-1.1%	-4.7%	10.4%	12.9%	4.8%	-0.4%	-0.8%	0.6%
PAT margin %	-0.3%	6.4%	14.4%	36.3%	24.6%	69.5%	12%	11.6%
Working capital
Receivable days	54	—	53	56	56	82	29	27
Inventory days	264	—	269	252	164	501	374	313
Payable days	—	—	87	107	77	255	95	57
NWC days	—	—	234	201	143	328	309	283
Leverage
Current ratio	2.93	—	4.95	5.47	5.54	5.45	7.25	9.69
Debt to EBITDA	0.48	—	0.36	0.44	1.34	9.4	3.09	0.73
Debt to equity	0.04	—	0.04	0.05	0.09	0.12	0.04	0.01
Interest coverage	1.8	5.4	15.2	26.3	9	75.3	16.3	16.6
Asset turnover	0.61	—	0.5	0.48	0.44	0.25	0.25	0.3
Return ratios
Return on assets %	-0.2%	—	7.3%	17.5%	10.9%	17.2%	3%	3.4%
Return on capital employed %	2.7%	—	9.9%	11.9%	7.1%	5.7%	5.3%	5.2%
Return on equity %	-0.3%	—	9.7%	23.7%	15.3%	23.1%	4.1%	3.9%

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
	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%	49.79%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.07%	0.07%	0.07%	0.07%	0.07%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	50.15%	50.15%	50.15%	50.15%	50.15%	50.15%	50.15%	50.14%	50.14%	50.14%	50.14%	50.14%
No. of shareholders	—	—	—	—	—	—	—	—	9,303	9,153	8,973	8,606

Promoter holding up 0 percentage points since Sep 2023.

2 deals · 16 Sept 2021 – 4 Jun 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
4 Jun 2026	SWARUPHARSH JAVERI	Bulk	BSE	Buy	39,000	₹332.48	₹1.30 Cr
16 Sept 2021	SHARAD KANAYALAL SHAH	Bulk	BSE	Sell	62,118	₹623.91	₹3.88 Cr

1–2 of 2

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.

Mr. BHARAT UPENDRA PATELExecutive Director-Chairperson-CEO-MD
Ms. RESHMA SURESH PATELNon-Executive - Independent Director
Mr. SAMEER SUBHASH KHERANon-Executive - Independent Director
Mr. Mohan AkalkotkarChief Financial Officer
Mr. SHIVINDERSINGH CHAWLANon-Executive - Independent Director
Mr. ADITYA BHARAT PATELExecutive Director
Mrs. Tejal Rahul AminNon-Executive - Independent Director
Mr. NISHANK NIMISH PATELExecutive Director
Mr. NIMISH PATELExecutive Director-MD

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

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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 Shri Dinesh Mills 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

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

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Events

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

22

Final dividend7 Aug 2026 · ex-date₹1.5
Final dividend11 Aug 2025 · ex-date₹2
Special dividend2 Aug 2024 · ex-date₹20
Final dividend2 Aug 2024 · ex-date₹10
Dividend dividend25 Aug 2023 · ex-date₹10
Final dividend11 Aug 2022 · ex-date₹7.5
Final dividend5 Aug 2021 · ex-date₹5
Interim dividend18 Feb 2020 · ex-date₹3
Dividend dividend5 Sept 2019 · ex-date₹1.8
Dividend dividend12 Sept 2018 · ex-date₹1.5
Dividend dividend14 Sept 2017 · ex-date₹1.5
Dividend dividend25 Aug 2016 · ex-date₹1.5
Dividend dividend27 Aug 2015 · ex-date₹1.8
Dividend dividend7 Aug 2014 · ex-date₹1.8
Dividend dividend11 Jul 2013 · ex-date₹1.8
Dividend dividend19 Jul 2012 · ex-date₹2
Dividend dividend12 Jul 2011 · ex-date₹2
Special dividend3 Aug 2010 · ex-date₹1
Dividend dividend3 Aug 2010 · ex-date₹2
Dividend dividend4 Aug 2009 · ex-date₹2
Dividend dividend12 Aug 2008 · ex-date₹20
Dividend dividend10 Aug 2007 · ex-date₹20

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

21 announcementsExport CSV

28 Sept 2026, 11:07 amInsider Trading / SAST

Closure of Trading Window

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	64.8%	67.2%	70.2%	69.7%	63.8%	78.9%	76.9%	74.6%
EBITDA margin %	8.1%	5.9%	18.3%	18.7%	10.7%	3.8%	3.7%	4.8%
EBIT margin %	-1.1%	-4.7%	10.4%	12.9%	4.8%	-0.4%	-0.8%	0.6%
PAT margin %	-0.3%	6.4%	14.4%	36.3%	24.6%	69.5%	12%	11.6%
Working capital
Receivable days	54	—	53	56	56	82	29	27
Inventory days	264	—	269	252	164	501	374	313
Payable days	—	—	87	107	77	255	95	57
NWC days	—	—	234	201	143	328	309	283
Leverage
Current ratio	2.93	—	4.95	5.47	5.54	5.45	7.25	9.69
Debt to EBITDA	0.48	—	0.36	0.44	1.34	9.4	3.09	0.73
Debt to equity	0.04	—	0.04	0.05	0.09	0.12	0.04	0.01
Interest coverage	1.8	5.4	15.2	26.3	9	75.3	16.3	16.6
Asset turnover	0.61	—	0.5	0.48	0.44	0.25	0.25	0.3
Return ratios
Return on assets %	-0.2%	—	7.3%	17.5%	10.9%	17.2%	3%	3.4%
Return on capital employed %	2.7%	—	9.9%	11.9%	7.1%	5.7%	5.3%	5.2%
Return on equity %	-0.3%	—	9.7%	23.7%	15.3%	23.1%	4.1%	3.9%

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

Date	Category	Subject	Filing
28 Sept 2026, 11:07 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
22 Sept 2026, 3:55 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
21 Sept 2026, 3:29 pm	Company Update General	Submission Of Postal Ballot Notice	PDF
21 Sept 2026, 3:22 pm	AGM/EGM Postal Ballot	Postal Ballot Notice For Passing Of Special Resolutions Through Remote E-Voting Only	PDF
21 Sept 2026, 3:17 pm	AGM/EGM Postal Ballot	Postal Ballot Notice Dated 18/09/2026 For Passing Of Special Resolutions As Mentioned In The Notice Proposed To Be Passed By Way Of Remote E-Voting Only.	PDF
18 Sept 2026, 6:31 pm	Company Update General	Disclosure Of The Board Meeting Held On 18Th September, 2026	PDF
18 Sept 2026, 6:27 pm	Company Update Amendments to Memorandum & Articles of Association	Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association	PDF
18 Sept 2026, 6:22 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of The Board Meeting	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	10	13	8	8	17	3
	-12	-11	-11	-9	3	-0
	2	1	1	3	-18	-4
Net cash flow	0	3	-2	1	2	-1
Free cash flow	9	3	-3	-6	13	2
CFO / Operating profit %	75.1%	77.6%	76.5%	302.7%	688.7%	93.2%

Shri Dinesh Mills Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

22

1

Announcements

22

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Shri Dinesh Mills Ltd

About

Key insights

Key risks

Growth drivers

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

Events

Dividends22

Board meetings1

Announcements

Dividends22

Board meetings1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

22

1

22

1