SALONA

Salona Cotspin Limited

Salona Cotspin Limited (SALONA) financial statements and selected valuation metrics through 30 June 2026.

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

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

Price as of 2026-10-16

Stock price
₹268.35
Market cap
141 Cr
Stock P/E
61.8
P/B
1.69
Dividend yield
0.4%
ROE (FY26)
1.9%
ROCE (FY26)
9.1%
Operating margin (FY26)
4.1%
Debt / equity (FY26)
2.26
OCF / EBITDA (FY26)
231.0%
OCF / EBITDA (3Y)
135.9%

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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What you need to know

Salona Cotspin manufactures and sells textiles from its mill at Sathy in Tamil Nadu, and its filings carry the tagline "Spinning Yarn to Perfection".

Company snapshot

68thBy market cap

Ranked among 100 companies in Other Textile Products.

What we see

Positives
  • ✓136% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is very thin at 0.3% — little room for error if costs rise.
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
Sales209 Cr206 Cr166 Cr190 Cr166 Cr158 Cr148 Cr157 Cr171 Cr155 Cr110 Cr197 Cr
Operating expenses (approx.)199 Cr200 Cr160 Cr182 Cr158 Cr149 Cr142 Cr147 Cr162 Cr148 Cr102 Cr186 Cr
EBITDA10 Cr7 Cr7 Cr8 Cr8 Cr9 Cr6 Cr10 Cr9 Cr8 Cr8 Cr11 Cr
OPM %4.9%3.3%4.0%4.4%5.0%5.9%4.0%6.1%5.2%4.9%7.3%5.4%
Other income0.05 Cr0.09 Cr0.11 Cr0.04 Cr0.05 Cr0.10 Cr-0.03 Cr0.04 Cr0.04 Cr0.24 Cr0.24 Cr0.05 Cr
Interest4 Cr6 Cr3 Cr4 Cr4 Cr6 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr
Depreciation3 Cr0.26 Cr3 Cr2 Cr2 Cr2 Cr2 Cr2 Cr3 Cr2 Cr3 Cr2 Cr
Profit before tax4 Cr1 Cr1 Cr2 Cr3 Cr2 Cr-1 Cr2 Cr1 Cr0.84 Cr0.76 Cr3 Cr
Tax %52.2%-19.6%34.2%3.8%22.1%14.0%-96.8%24.2%8.7%60.9%279.3%20.0%
Net profit2 Cr1 Cr0.90 Cr2 Cr2 Cr2 Cr-3 Cr2 Cr1 Cr0.33 Cr-1 Cr2 Cr
EPS (₹)₹3.28₹2.74₹1.71₹4.32₹4.16₹3.01₹-5.54₹2.91₹2.03₹0.62₹-2.59₹4.29

Profit & loss (annual)

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

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales121 Cr107 Cr133 Cr122 Cr230 Cr647 Cr487 Cr722 Cr662 Cr594 CrSign in free for the trailing twelve months
Operating expenses (approx.)113 Cr98 Cr123 Cr113 Cr215 Cr610 Cr452 Cr692 Cr630 Cr560 CrSign in free for the trailing twelve months
EBITDA9 Cr9 Cr10 Cr9 Cr15 Cr37 Cr35 Cr30 Cr32 Cr34 CrSign in free for the trailing twelve months
OPM %7.1%8.7%7.6%7.0%6.4%5.8%7.2%4.2%4.8%5.8%Sign in free for the trailing twelve months
Other income0.12 Cr0.10 Cr0.10 Cr0.08 Cr0.11 Cr0.06 Cr0.29 Cr0.25 Cr0.15 Cr0.56 CrSign in free for the trailing twelve months
Interest2 Cr3 Cr4 Cr4 Cr4 Cr7 Cr9 Cr15 Cr19 Cr20 CrSign in free for the trailing twelve months
Depreciation4 Cr4 Cr4 Cr3 Cr3 Cr3 Cr5 Cr7 Cr8 Cr10 CrSign in free for the trailing twelve months
Profit before tax3 Cr2 Cr2 Cr2 Cr8 Cr27 Cr20 Cr8 Cr6 Cr5 CrSign in free for the trailing twelve months
Tax %-20.6%3.6%29.2%38.2%20.1%26.0%13.3%27.1%43.4%67.4%Sign in free for the trailing twelve months
Net profit3 Cr2 Cr2 Cr1 Cr6 Cr20 Cr18 Cr6 Cr3 Cr2 CrSign in free for the trailing twelve months
EPS (₹)₹6.35₹4.05₹3.10₹2.23₹11.78₹37.60₹33.39₹11.64₹5.95₹2.97Sign in free for the trailing twelve months
Dividend payout %————0.0%2.7%3.6%10.3%16.8%33.7%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 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr
Reserves23 Cr25 Cr26 Cr27 Cr33 Cr52 Cr69 Cr74 Cr77 Cr78 Cr
Borrowings33 Cr40 Cr48 Cr38 Cr77 Cr139 Cr157 Cr257 Cr239 Cr190 Cr
Other liabilities10 Cr14 Cr11 Cr13 Cr24 Cr32 Cr39 Cr27 Cr33 Cr31 Cr
Total liabilities71 Cr83 Cr90 Cr83 Cr138 Cr228 Cr270 Cr364 Cr354 Cr304 Cr
Fixed assets (net)16 Cr15 Cr26 Cr24 Cr27 Cr43 Cr41 Cr70 Cr106 Cr122 Cr
CWIP0 Cr5 Cr0.60 Cr———0.27 Cr36 Cr18 Cr2 Cr
Investments0.31 Cr0.31 Cr0.24 Cr0.0072 Cr0.0073 Cr0.0075 Cr0.0082 Cr0.01 Cr0.0049 Cr0.0059 Cr
Loans & advances——————13 Cr0 Cr0 Cr0 Cr
Inventories27 Cr36 Cr37 Cr37 Cr43 Cr63 Cr56 Cr59 Cr66 Cr59 Cr
Trade receivables22 Cr19 Cr18 Cr14 Cr53 Cr96 Cr122 Cr144 Cr117 Cr79 Cr
Cash & bank0.07 Cr0.05 Cr0.08 Cr0.19 Cr0.20 Cr0.07 Cr0.06 Cr0.06 Cr0.11 Cr0.09 Cr
Other assets5 Cr8 Cr8 Cr9 Cr15 Cr26 Cr38 Cr54 Cr47 Cr42 Cr
Total assets71 Cr83 Cr90 Cr83 Cr138 Cr228 Cr270 Cr364 Cr354 Cr304 Cr

Cash flows

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

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-3 Cr4 Cr6 Cr14 Cr-24 Cr-35 Cr-5 Cr-12 Cr64 Cr79 Cr
Cash from investing-2 Cr-7 Cr-10 Cr0.08 Cr-5 Cr-19 Cr-3 Cr-72 Cr-26 Cr-10 Cr
Cash from financing3 Cr3 Cr4 Cr-14 Cr29 Cr54 Cr8 Cr84 Cr-38 Cr-69 Cr
Net cash flow-2 Cr-0.03 Cr0.03 Cr0.12 Cr0.01 Cr-0.13 Cr-0.0089 Cr-0.0054 Cr0.08 Cr-0.02 Cr
Free cash flow (OCF − Capex)-5 Cr-3 Cr-5 Cr14 Cr-30 Cr-55 Cr-9 Cr-84 Cr37 Cr68 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %8.4%8.1%8.0%8.5%10.7%17.4%12.8%7.0%7.6%9.1%
ROE %12.0%7.1%5.2%3.7%16.3%34.6%23.7%7.7%3.8%1.9%
Debtor days65655040855491736449
Inventory days149209211223295196175176193128
Days payable223923411235676374018
Cash conversion cycle192236239223256193191212218159
OCF / EBITDA %-34.7%42.8%64.0%167.3%-160.8%-93.1%-14.7%-39.4%199.5%231.0%
OCF / EBITDA % (3 years)——26.6%88.6%-9.1%-72.9%-73.2%-50.6%48.2%135.9%
Debt / equity1.171.321.531.182.022.422.123.222.892.26
Current ratio1.471.311.271.331.281.321.371.241.151.12
Net debt / EBITDA3.804.26————4.518.497.465.52
Salona Cotspin Limited (SALONA) Financials | BullKarma