Shree Ram Twistex Ltd
NSE: SRTL BSE: 544716
Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded yarns which are used in both knitting and weaving purposes.[1]
₹43.2
52W: ₹40 — ₹73.4
PE 12.2 · Book ₹49.6 · -13% vs bookMarket Cap₹173 Cr
Stock P/E12.2Price to Earnings
ROCE14%Return on Capital
ROE10.4%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Stock is trading at 0.88 times its book value
- +Debtor days have improved from 45.4 to 20.3 days.
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Promoter holding is low: 34.6%
- −Tax rate seems low
- −Company has a low return on equity of 10.6% over last 3 years.
- −Company's cost of borrowing seems high
- −Working capital days have increased from 72.9 days to 121 days
Shareholding Pattern
Promoters34.59%
FIIs3.2%
DIIs11.92%
Public50.31%
| Category | Mar 2026 |
|---|---|
| Promoters | 34.59% |
| FIIs | 3.2% |
| DIIs | 11.92% |
| Public | 50.31% |
Financial Statements
| Metric | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 53.03 | 102.45 | 68.84 | 92.91 | 47.9 |
| Expenses | 46.98 | 99.3 | 60.11 | 86.45 | 38.34 |
| Operating Profit | 6.05 | 3.15 | 8.73 | 6.46 | 9.56 |
| OPM % | 11.41% | 3.07% | 12.68% | 6.95% | 19.96% |
| Net Profit | 2.19 | 1.03 | 3.56 | 3.73 | 3.43 |
| EPS ₹ | 0.75 | 0.35 | 1.21 | 1.27 | 0.86 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹273Cr, up 7.1% YoY. OPM at 12%.
Debt Position
Borrowings at ₹30Cr. Debt-to-equity ratio: 0.19x. Healthy balance sheet.
Capex Cycle
CWIP at ₹3Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Margin & Efficiency
ROCE improving from 0% (Mar 2022) to 14% (Mar 2026). Working capital days: 121.
Valuation
PE 12.2x with 14% ROCE. Price is -13% above book value of ₹49.6. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 May
- Appointment Of Internal Auditor And Cost Auditor For The Financial Year 2026-27 Pursuant To Regulation 30 Of The SEBI (LODR) Regulations 2015. 13 May - Board appointed internal auditor Vishal Mehta and cost auditor Niketan Tadhani for FY 2026-27 on 13 May 2026.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 May - Crisil report on March 2026 IPO proceeds shows ₹7,623.55 lakh utilized; wind project delayed.
- Submission Of Statement Of Deviation Or Variation For Proceeds Of Public Issue Pursuant To Regulation 32 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulation 2015 For The Year Ended On 31St March2026. 13 May - Reported no deviation in IPO proceeds use for year ended 31 March 2026; Rs 11,024 lakh raised.
- Outcome Of The Meeting Of Board Held On 13Th May 2026 Consideration And Approval Of Audited Financial Result For The Quarter And Year Ended 31St March 2026. 13 May - Board approved FY2026 audited results; auditors gave unmodified opinion; no IPO fund deviation.