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Swing Capital

Akshar Spintex Ltd

NSE: AKSHAR BSE: 541303

Incorporated in 2013, Akshar Spintex Ltd is in the business of manufacturing and trading cotton yarns.[1]

₹0.5
52W: ₹0.36 — ₹0.76
PE 0 · Book ₹1.08 · -54% vs book
Market Cap₹39.4 Cr
Stock P/E—Price to Earnings
ROCE6.01%Return on Capital
ROE6.72%Return on Equity
Div. Yield0%Face Value ₹1

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Stock is trading at 0.44 times its book value

Weaknesses

  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of 1.36% over past five years.
  • −Promoter holding is low: 0.27%
  • −Company has a low return on equity of -2.49% over last 3 years.
  • −Company's cost of borrowing seems high
  • −Promoter holding has decreased over last 3 years: -43.5%
  • −Working capital days have increased from 67.1 days to 154 days

Shareholding Pattern

Promoters0.27%
FIIs0%
DIIs0%
Public99.72%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters11.62%0.72%▼10.90.27%▼0.40.27%0.27%0.27%0.27%0.27%
FIIs0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%
Public88.38%99.28%▲10.999.72%▲0.499.72%99.72%99.72%99.71%▼0.099.72%▲0.0

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales43.5744.848.1337.0223.1925.9730.5826.1922.3434.35
Expenses41.7442.9945.7935.0724.4828.2131.4126.7122.6139.42
Operating Profit1.831.812.341.95-1.29-2.24-0.83-0.52-0.27-5.07
OPM %4.2%4.04%4.86%5.27%-5.56%-8.63%-2.71%-1.99%-1.21%-14.76%
Net Profit0.90.70.960.63-1.6-2.33-1.14-1.24-1.97-3.8
EPS ₹0.010.010.010.01-0.02-0.03-0.01-0.02-0.03-0.05

AI Insights

Revenue Trend

TTM revenue at ₹113Cr, down 3.4% YoY. OPM at -6%.

Debt Position

Borrowings at ₹5Cr. Debt-to-equity ratio: 0.83x. Moderate leverage.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 0.27%.

Margin & Efficiency

ROCE declining from 0% (Mar 2015) to -6% (Mar 2025). Working capital days: 154.

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