Akshar Spintex Ltd

AKSHAR

Watchlist

AI Mode

‌

Market Cap

₹ 42 Cr

P/E

—

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

STEADY PERFORMER

Valuation

REASONABLE

Growth

SLUGGISH

Profitability

LOW MARGIN

Technicals

Neutral

Risk

LOW RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Akshar Spintex Limited, founded in 2013 and publicly listed in 2018, specializes in manufacturing 100% cotton yarn. Located in Gujarat, it benefits from proximity to cotton-growing areas.

The company transitioned from a private to public entity, raising capital through an IPO in 2018, indicating its growth trajectory.

A notable increase in production capacity from 6000 MT to 7500 MT highlights Akshar Spintex’s strategic approach to scaling operations.

Situated in the cotton-rich region of Rajkot, Gujarat, it leverages geographical advantage in its operational strategy.

Akshar Spintex's focus on yarn types like combed, semi combed, and carded yarn aligns with market demand for quality cotton yarn products.

Sector

Textiles

Industry

Textiles - Cotton Yarn - Open-Ended Spinning

Market Cap

42 Cr

Volatility

Low Risk

P/E Ratio

—

Industry P/E

12.9

PEG Ratio

—

P/B Ratio

0.5

52W High

0.81

52W Low

0.49

Sales CAGR

-33.26%

-12.13%

1.37%

10Y

6.92%

Profit CAGR

-228.61%

—

10Y

—

ROE

TTM

-7.86%

-2.18%

1.79%

10Y

3.00%

ROCE

TTM

-8.07%

-0.47%

4.50%

10Y

7.08%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
SIDDHICOTS	30.15	74 Cr	5.63	0.55	0.00	9.53	12.16	4.83
AKSHAR	0.53	42 Cr	—	0.49	0.00	-7.86	-8.07	-6.94
COTFAB	21.15	36 Cr	13.22	0.72	0.00	6.33	7.79	2.79
LAXMICOT	19.09	33 Cr	9.05	0.62	0.00	5.62	8.16	8.04
GUJHYSPIN	15.98	27 Cr	266.33	1.40	0.00	0.48	3.71	0.25
HISARSP	47.62	18 Cr	5.36	0.67	0.00	12.47	15.92	9.72
PASARI	7.35	10 Cr	24.50	39.25	0.00	157.91	17.27	15.50

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	38	44	45	48	37	23	26	31	26	22
Expenses	37	42	43	46	35	24	28	31	27	23
Operating Profit	1.76	1.82	1.81	2.32	1.95	-1.30	-2.25	-0.84	-0.52	-0.27
OPM %	4.58	4.18	4.04	4.82	5.27	-5.61	-8.66	-2.75	-1.99	-1.21
Other Income	0.87	0.86	0.52	0.70	0.64	0.39	0.39	0.85	0.50	0.47
Interest	0.30	0.36	0.29	0.39	0.36	0.32	0.28	0.13	0.12	0.11
Depreciation	1.07	1.07	1.07	1.12	1.15	1.17	1.16	1.16	1.59	1.69
Profit Before Tax	1.26	1.26	0.97	1.52	1.08	-2.39	-3.29	-1.27	-1.73	-1.60
Tax %	28.57	28.57	27.84	36.84	41.67	33.05	29.18	10.24	28.32	-23.13
Net Profit	0.90	0.90	0.70	0.96	0.63	-1.60	-2.33	-1.14	-1.24	-1.97
EPS in Rs	0.01	0.01	0.01	0.01	0.01	-0.02	-0.03	-0.01	-0.02	-0.02

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	86	93	101	109	110	172	136	175	117	106
Expenses	77	85	95	109	104	159	136	167	119	111
Operating Profit	8.92	7.78	5.84	0.57	5.14	13	-0.59	7.73	-2.43	-4.91
OPM %	10.35	8.36	5.80	0.52	4.69	7.54	-0.44	4.42	-2.08	-4.64
Other Income	0.09	6.45	4.30	1.99	1.34	3.46	2.39	2.96	2.28	2.13
Interest	2.53	2.36	2.47	3.06	2.52	2.56	1.72	1.33	1.09	0.85
Depreciation	3.79	3.84	3.82	4.10	4.14	4.21	4.27	4.34	4.64	5.08
Profit Before Tax	2.70	8.04	3.85	-4.60	-0.18	9.66	-4.19	5.02	-5.88	-8.68
Tax %	4.40	-6.37	41.70	-24.49	781.20	27.31	34.03	31.12	24.32	27.30
Net Profit	2.58	8.55	2.24	-5.73	1.24	7.02	-2.76	3.46	-4.45	-6.31
EPS in Rs	—	—	—	—	—	0.09	-0.03	0.04	-0.05	-0.08
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.33	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	24	24	24	25	25	25	25	25	30	79
Reserves	-0.62	1.96	11	16	10	11	18	16	14	9.46
Borrowings	38	36	30	25	21	25	26	18	19	5.94
Other Liabilities	11	13	15	18	18	12	24	18	11	3.96
Total Liabilities	72	75	79	85	74	73	93	76	74	98
Fixed Assets	58	56	52	49	50	46	43	39	39	37
CWIP	0.00	0.00	0.00	4.63	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.31	0.31	0.00	0.00	0.00	0.00
Other Assets	14	19	26	31	24	27	50	37	34	61
Total Assets	72	75	79	85	74	73	93	76	74	98

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	12	5.71	7.27	8.54	7.79	6.14	2.92	9.84	4.77	-30
Cash from Investing Activity	-8.22	-1.24	-0.42	-5.46	-0.11	-0.51	-0.95	-0.18	-4.50	-2.26
Cash from Financing Activity	-5.39	-4.67	-6.84	-3.06	-7.69	-5.66	-2.01	-9.69	-0.27	35
Net Cash Flow	-1.98	-0.20	0.01	0.01	-0.02	-0.02	-0.04	-0.03	-0.01	2.79

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Jun 2023	Sep 2023	Dec 2023	Feb 2024	Mar 2024	Jun 2024	Sep 2024	Oct 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	43.75%	43.75%	37.57%	15.23%	12.04%	11.62%	0.72%	0.27%	0.27%	0.27%	0.27%	0.27%
FIIs	0.00%	0.00%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	56.25%	56.25%	62.42%	84.76%	87.96%	88.38%	99.28%	99.73%	99.73%	99.73%	99.73%	99.73%
Total Shareholders	2,180	3,332	32,392	91,872	95,076	99,399	1,10,102	1,08,128	1,34,055	1,48,333	1,47,891	1,47,519

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Sep 05, 2025	Mohan senthil sundaram	Bulk	Sell	0.50	0.42 Cr	84,00,196	1.06
Sep 05, 2025	Rakesh kumar uppal and sons huf	Bulk	Sell	0.51	0.21 Cr	41,74,303	0.53
Sep 05, 2025	Rakesh kumar uppal and sons huf	Bulk	Buy	0.50	0.14 Cr	27,85,027	0.35
Nov 05, 2024	Ishaan tradefin llp	Bulk	Sell	0.84	0.55 Cr	65,00,000	0.82
Nov 05, 2024	Ankita vishal shah	Bulk	Sell	0.84	1.56 Cr	1,85,35,009	2.35
Nov 05, 2024	Ankita vishal shah	Bulk	Buy	0.84	0.01 Cr	1,35,009	0.01
Nov 05, 2024	Ishaan tradefin llp	Bulk	Buy	0.84	0.18 Cr	21,00,000	0.26
Nov 05, 2024	Ankita vishal shah	Bulk	Sell	0.84	0.60 Cr	72,00,000	0.91
Nov 04, 2024	Ankita vishal shah	Bulk	Sell	0.80	0.36 Cr	45,00,000	0.57
Nov 01, 2024	Shubham ashokbhai patel	Bulk	Sell	0.73	0.39 Cr	53,00,000	0.67

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	38	44	45	48	37	23	26	31	26	22
Expenses	37	42	43	46	35	24	28	31	27	23
Operating Profit	1.76	1.82	1.81	2.32	1.95	-1.30	-2.25	-0.84	-0.52	-0.27
OPM %	4.58	4.18	4.04	4.82	5.27	-5.61	-8.66	-2.75	-1.99	-1.21
Other Income	0.87	0.86	0.52	0.70	0.64	0.39	0.39	0.85	0.50	0.47
Interest	0.30	0.36	0.29	0.39	0.36	0.32	0.28	0.13	0.12	0.11
Depreciation	1.07	1.07	1.07	1.12	1.15	1.17	1.16	1.16	1.59	1.69
Profit Before Tax	1.26	1.26	0.97	1.52	1.08	-2.39	-3.29	-1.27	-1.73	-1.60
Tax %	28.57	28.57	27.84	36.84	41.67	33.05	29.18	10.24	28.32	-23.13
Net Profit	0.90	0.90	0.70	0.96	0.63	-1.60	-2.33	-1.14	-1.24	-1.97
EPS in Rs	0.01	0.01	0.01	0.01	0.01	-0.02	-0.03	-0.01	-0.02	-0.02

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	86	93	101	109	110	172	136	175	117	106
Expenses	77	85	95	109	104	159	136	167	119	111
Operating Profit	8.92	7.78	5.84	0.57	5.14	13	-0.59	7.73	-2.43	-4.91
OPM %	10.35	8.36	5.80	0.52	4.69	7.54	-0.44	4.42	-2.08	-4.64
Other Income	0.09	6.45	4.30	1.99	1.34	3.46	2.39	2.96	2.28	2.13
Interest	2.53	2.36	2.47	3.06	2.52	2.56	1.72	1.33	1.09	0.85
Depreciation	3.79	3.84	3.82	4.10	4.14	4.21	4.27	4.34	4.64	5.08
Profit Before Tax	2.70	8.04	3.85	-4.60	-0.18	9.66	-4.19	5.02	-5.88	-8.68
Tax %	4.40	-6.37	41.70	-24.49	781.20	27.31	34.03	31.12	24.32	27.30
Net Profit	2.58	8.55	2.24	-5.73	1.24	7.02	-2.76	3.46	-4.45	-6.31
EPS in Rs	—	—	—	—	—	0.09	-0.03	0.04	-0.05	-0.08
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.33	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	24	24	24	25	25	25	25	25	30	79
Reserves	-0.62	1.96	11	16	10	11	18	16	14	9.46
Borrowings	38	36	30	25	21	25	26	18	19	5.94
Other Liabilities	11	13	15	18	18	12	24	18	11	3.96
Total Liabilities	72	75	79	85	74	73	93	76	74	98
Fixed Assets	58	56	52	49	50	46	43	39	39	37
CWIP	0.00	0.00	0.00	4.63	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.31	0.31	0.00	0.00	0.00	0.00
Other Assets	14	19	26	31	24	27	50	37	34	61
Total Assets	72	75	79	85	74	73	93	76	74	98

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	12	5.71	7.27	8.54	7.79	6.14	2.92	9.84	4.77	-30
Cash from Investing Activity	-8.22	-1.24	-0.42	-5.46	-0.11	-0.51	-0.95	-0.18	-4.50	-2.26
Cash from Financing Activity	-5.39	-4.67	-6.84	-3.06	-7.69	-5.66	-2.01	-9.69	-0.27	35
Net Cash Flow	-1.98	-0.20	0.01	0.01	-0.02	-0.02	-0.04	-0.03	-0.01	2.79

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
SIDDHICOTS	30.15	74 Cr	5.63	0.55	0.00	9.53	12.16	4.83
AKSHAR	0.53	42 Cr	—	0.49	0.00	-7.86	-8.07	-6.94
COTFAB	21.15	36 Cr	13.22	0.72	0.00	6.33	7.79	2.79
LAXMICOT	19.09	33 Cr	9.05	0.62	0.00	5.62	8.16	8.04
GUJHYSPIN	15.98	27 Cr	266.33	1.40	0.00	0.48	3.71	0.25
HISARSP	47.62	18 Cr	5.36	0.67	0.00	12.47	15.92	9.72
PASARI	7.35	10 Cr	24.50	39.25	0.00	157.91	17.27	15.50

Overview

Detailed Summary

Akshar Spintex Limited, founded in 2013 and publicly listed in 2018, specializes in manufacturing 100% cotton yarn. Located in Gujarat, it benefits from proximity to cotton-growing areas.

The company transitioned from a private to public entity, raising capital through an IPO in 2018, indicating its growth trajectory.

A notable increase in production capacity from 6000 MT to 7500 MT highlights Akshar Spintex’s strategic approach to scaling operations.

Situated in the cotton-rich region of Rajkot, Gujarat, it leverages geographical advantage in its operational strategy.

Akshar Spintex's focus on yarn types like combed, semi combed, and carded yarn aligns with market demand for quality cotton yarn products.

Sector

Textiles

Industry

Textiles - Cotton Yarn - Open-Ended Spinning

Market Cap

42 Cr

Volatility

Low Risk

P/E Ratio

—

Industry P/E

12.9

PEG Ratio

—

P/B Ratio

0.5

52W High

0.81

52W Low

0.49

Sales CAGR

-33.26%

-12.13%

1.37%

10Y

6.92%

Profit CAGR

-228.61%

—

10Y

—

ROE

TTM

-7.86%

-2.18%

1.79%

10Y

3.00%

ROCE

TTM

-8.07%

-0.47%

4.50%

10Y

7.08%