AKSHAR

Akshar Spintex Limited

Akshar Spintex Limited (AKSHAR) financial statements and selected valuation metrics through 30 June 2026.

Consumer Discretionary›Textiles›Textiles & Apparels›Other Textile Products

aksharspintex.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹0.42
Market cap
33 Cr
Stock P/E
Loss (TTM EPS ₹-0.07)
P/B
0.41
Dividend yield
0.7%
ROE (FY26)
-9.1%
ROCE (FY26)
-9.0%
Operating margin (FY26)
-9.8%
Debt / equity (FY26)
0.06

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Akshar Spintex (Akshar Spintex Limited) spins cotton yarn, its single business segment, from its base at Haripar, Kalawad taluka, Jamnagar district, Gujarat.

Company snapshot

91stBy market cap

Ranked among 100 companies in Other Textile Products.

What we see

Positives
  • ✓Debt-to-equity of 0.06x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
2 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales44 Cr45 Cr48 Cr37 Cr23 Cr26 Cr31 Cr26 Cr22 Cr34 Cr34 Cr30 Cr
Operating expenses (approx.)42 Cr43 Cr46 Cr35 Cr24 Cr28 Cr31 Cr27 Cr23 Cr39 Cr33 Cr28 Cr
EBITDA2 Cr2 Cr2 Cr2 Cr-1 Cr-2 Cr-0.84 Cr-0.52 Cr-0.27 Cr-5 Cr1 Cr2 Cr
OPM %4.2%4.0%4.8%5.3%-5.6%-8.6%-2.7%-2.0%-1.2%-14.8%3.5%7.3%
Other income0.86 Cr0.52 Cr0.70 Cr0.64 Cr0.39 Cr0.39 Cr0.85 Cr0.50 Cr0.47 Cr2 Cr1 Cr0.57 Cr
Interest0.35 Cr0.29 Cr0.39 Cr0.36 Cr0.32 Cr0.28 Cr0.13 Cr0.12 Cr0.11 Cr0.10 Cr0.09 Cr0.07 Cr
Depreciation1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr2 Cr2 Cr2 Cr2 Cr2 Cr
Profit before tax1 Cr0.97 Cr2 Cr1 Cr-2 Cr-3 Cr-1 Cr-2 Cr-2 Cr-5 Cr0.60 Cr1 Cr
Tax %28.4%28.3%37.1%41.6%33.0%29.1%10.4%28.6%-23.2%29.3%165.1%42.6%
Net profit0.90 Cr0.70 Cr0.96 Cr0.63 Cr-2 Cr-2 Cr-1 Cr-1 Cr-2 Cr-4 Cr-0.39 Cr0.60 Cr
EPS (₹)₹0.04₹0.03₹0.03₹0.02₹-0.05₹-0.03₹-0.01₹0.02₹-0.02₹-0.05₹0.00₹0.01

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales93 Cr101 Cr109 Cr110 Cr172 Cr136 Cr175 Cr117 Cr117 CrSign in free for the trailing twelve months
Operating expenses (approx.)85 Cr95 Cr109 Cr104 Cr159 Cr136 Cr167 Cr119 Cr122 CrSign in free for the trailing twelve months
EBITDA8 Cr6 Cr0.57 Cr5 Cr13 Cr-0.59 Cr8 Cr-2 Cr-5 CrSign in free for the trailing twelve months
OPM %8.3%5.8%0.5%4.7%7.5%-0.4%4.4%-2.1%-4.0%Sign in free for the trailing twelve months
Other income6 Cr4 Cr2 Cr1 Cr3 Cr2 Cr3 Cr2 Cr4 CrSign in free for the trailing twelve months
Interest2 Cr2 Cr3 Cr3 Cr3 Cr2 Cr1 Cr1 Cr0.41 CrSign in free for the trailing twelve months
Depreciation4 Cr4 Cr4 Cr4 Cr4 Cr4 Cr4 Cr5 Cr7 CrSign in free for the trailing twelve months
Profit before tax8 Cr4 Cr-5 Cr-0.18 Cr10 Cr-4 Cr5 Cr-6 Cr-8 CrSign in free for the trailing twelve months
Tax %-6.4%41.7%-24.5%781.2%27.4%34.0%31.1%24.3%8.8%Sign in free for the trailing twelve months
Net profit9 Cr2 Cr-6 Cr1 Cr7 Cr-3 Cr3 Cr-4 Cr-7 CrSign in free for the trailing twelve months
EPS (₹)₹3.56—₹-2.29₹0.50₹2.79₹-1.11₹0.12₹-0.08₹-0.09Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%—7.1%——Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital2 Cr250 Cr25 Cr25 Cr25 Cr25 Cr30 Cr79 Cr79 Cr
Reserves11 Cr16 Cr10 Cr11 Cr18 Cr16 Cr14 Cr9 Cr2 Cr
Borrowings—————18 Cr19 Cr6 Cr5 Cr
Other liabilities66 Cr—39 Cr37 Cr53 Cr18 Cr11 Cr4 Cr10 Cr
Total liabilities79 Cr85 Cr74 Cr73 Cr96 Cr76 Cr74 Cr98 Cr96 Cr
Fixed assets (net)52 Cr54 Cr50 Cr46 Cr43 Cr39 Cr39 Cr37 Cr40 Cr
CWIP—————0.0013 Cr0 Cr—0 Cr
Investments0 Cr0 Cr0.31 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Inventories12 Cr13 Cr10 Cr16 Cr33 Cr17 Cr24 Cr43 Cr39 Cr
Trade receivables5 Cr5 Cr5 Cr3 Cr1 Cr12 Cr5 Cr8 Cr5 Cr
Cash & bank0.11 Cr0.13 Cr0.11 Cr0.09 Cr0.05 Cr0.02 Cr0.0053 Cr0.03 Cr0.02 Cr
Other assets9 Cr12 Cr10 Cr8 Cr19 Cr8 Cr5 Cr10 Cr12 Cr
Total assets79 Cr85 Cr74 Cr73 Cr96 Cr76 Cr74 Cr98 Cr96 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity—9 Cr8 Cr6 Cr2 Cr10 Cr5 Cr-29 Cr8 Cr
Cash from investing—-5 Cr-0.11 Cr-0.51 Cr-0.19 Cr-0.18 Cr-5 Cr-3 Cr-8 Cr
Cash from financing—-3 Cr-8 Cr-6 Cr-2 Cr-10 Cr-0.27 Cr35 Cr-1 Cr
Net cash flow—0.01 Cr-0.02 Cr-0.02 Cr-0.04 Cr-0.03 Cr-0.0076 Cr3 Cr-1 Cr
Free cash flow (OCF − Capex)—3 Cr8 Cr6 Cr0.52 Cr10 Cr0.16 Cr-29 Cr8 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %79.9%2.4%-4.4%6.5%28.2%-4.2%10.1%-5.1%-9.0%
ROE %66.2%0.8%-16.4%3.4%16.1%-6.8%7.9%-5.0%-9.1%
Debtor days20181510233102416
Inventory days63613969995478184171
Days payable—————46271036
Cash conversion cycle837955791014162198151
OCF / EBITDA %—146.2%n.m.119.5%14.8%—61.8%——
OCF / EBITDA % (3 years)———194.6%85.1%102.4%82.4%n.m.n.m.
Debt / equity—0.000.00810.00930.00060.430.430.070.06
Current ratio1.411.421.021.231.421.311.589.914.48
Net debt / EBITDA-0.01-0.02-0.20-0.02-0.0039—2.46——