Adinath Textiles

Which are the latest news on Adinath Textiles?

Why is Adinath Textiles Ltd falling/rising?

As of 20-Jun, Adinath Textiles Ltd's stock price is slightly up at 20.93, but it has been on a downward trend, declining 2.84% over the last four days and underperforming against the Sensex. The stock is trading below its moving averages and has seen a significant drop in investor participation, indicating ongoing bearish sentiment.

As of 20-Jun, Adinath Textiles Ltd is experiencing a slight rise in its stock price, currently at 20.93, with a change of 0.08 (0.38%) upwards. However, this increase is occurring in the context of a broader trend of underperformance. The stock has been on a downward trajectory, having fallen for the last four days, resulting in a total decline of -2.84% during this period. <BR><BR>In comparison to the benchmark Sensex, Adinath Textiles has underperformed, with a performance today that is -2.12% lower than its sector. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. <BR><BR>Investor participation has also decreased significantly, with delivery volume dropping by -99.64% against the 5-day average, suggesting a lack of interest from investors. Overall, while there is a minor uptick in the stock price today, the prevailing indicators point towards a continuing decline in performance and investor confidence.

How big is Adinath Textiles?

As of 10th June, Adinath Textiles Ltd has a market capitalization of 15.00 Cr, with Net Sales of 0.00 Cr and a Net Profit of 0.05 Cr in the latest four quarters. Shareholder's Funds are 2.98 Cr and Total Assets are 4.18 Cr as of March 2025.

As of 10th June, Adinath Textiles Ltd has a market capitalization of 15.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Adinath Textiles reported Net Sales of 0.00 Cr and a Net Profit of 0.05 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 2.98 Cr and Total Assets of 4.18 Cr.

Who are in the management team of Adinath Textiles?

The management team of Adinath Textiles includes Rajneesh Oswal (Chairman & Managing Director), Vishal Oswal (Vice Chairman & Managing Director), Priya Begana, Ramesh Chander Juneja, and Krishan Sethi (all Independent Directors), along with Harpreet Kaur (Company Secretary & Compliance Officer).

The management team of Adinath Textiles includes the following individuals:<BR><BR>1. **Rajneesh Oswal** - Chairman & Managing Director<BR>2. **Vishal Oswal** - Vice Chairman & Managing Director<BR>3. **Priya Begana** - Independent Director<BR>4. **Ramesh Chander Juneja** - Independent Director<BR>5. **Krishan Sethi** - Additional Independent Director<BR>6. **Harpreet Kaur** - Company Secretary & Compliance Officer<BR><BR>If you need more specific information about their roles or contributions, feel free to ask!

Who are the peers of the Adinath Textiles?

Peers of Adinath Textiles include Raconteur Global, 7NR Retail Ltd, Kallam Textiles, and others. Raconteur Global has the highest 1-year return at 12.03%, while Adinath Textiles has a return of -13.48%.

Peers: The peers of Adinath Textiles are Raconteur Global, 7NR Retail Ltd, Kallam Textiles, Heads UP Venture, S & T Corporatio, RSC Internl., Alps Industries, Asia Pack, Seasons Textiles, and Gajanand Inter.<BR><BR>Quality Snapshot: Below Average management risk is observed at Raconteur Global, 7NR Retail Ltd, Kallam Textiles, S & T Corporatio, RSC Internl., Seasons Textiles, and Gajanand Inter., while Average management risk is found at Heads UP Venture. Adinath Textiles, Alps Industries, and Asia Pack do not qualify for management risk assessment. Below Average growth is noted for Raconteur Global, 7NR Retail Ltd, Kallam Textiles, Heads UP Venture, S & T Corporatio, RSC Internl., and Seasons Textiles, while Adinath Textiles, Alps Industries, and Asia Pack do not qualify. Below Average capital structure is seen in Raconteur Global, 7NR Retail Ltd, Kallam Textiles, Heads UP Venture, S & T Corporatio, RSC Internl., and Seasons Textiles, with Adinath Textiles, Alps Industries, and Asia Pack not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Raconteur Global at 12.03%, while Kallam Textiles has the lowest at -38.98%. Adinath Textiles has a 1-year return of -13.48%, which is better than Kallam Textiles but worse than Raconteur Global. Additionally, the six-month return is negative for Raconteur Global, Kallam Textiles, Heads UP Venture, S & T Corporatio, RSC Internl., Asia Pack, and Gajanand Inter.

What does Adinath Textiles do?

Adinath Textiles Ltd is a micro-cap company in the Garments & Apparels industry, specializing in synthetic and wool-blended hosiery and knitting yarns. Founded in 1979, it reported a net profit of 0 Cr for March 2026, with a market cap of INR 15 Cr.

Overview:<BR>Adinath Textiles Ltd is a micro-cap company operating in the Garments & Apparels industry, specializing in the manufacture of synthetic and wool-blended hosiery and knitting yarns.<BR><BR>History:<BR>Adinath Textiles Ltd was incorporated in 1979 by the Oswal Group of Ludhiana. The company primarily operates in spinning of worsted and spun yarn. The latest quarterly results reported are for March 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 297.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.05<BR>Return on Equity: 1.66%<BR>Price to Book: 4.72<BR><BR>Contact Details:<BR>Address: Village - Bholapur, Sahabana PO Chandigarh Road Ludhiana Punjab : 141123<BR>Phone: 91-0161-6574125<BR>Email: atl@shreyansgroup.com<BR>Website: http://www.adinathtextiles.com

How has been the historical performance of Adinath Textiles?

Adinath Textiles has struggled financially, with net sales at zero from March 2021 to March 2025, except for a minor revenue in March 2019, and persistent operating losses. While there was a slight improvement in profit after tax to 0.09 Cr in March 2025, the company continues to face challenges with negative cash flow and increasing liabilities.

Answer:<BR>The historical performance of Adinath Textiles shows a consistent lack of revenue generation, with net sales remaining at zero from March 2021 to March 2025, except for a small revenue of 0.74 Cr in March 2019. The total operating income also reflects this trend, remaining at zero for the same period, indicating no operational activity. The company has incurred operating losses, with operating profit (PBDIT) excluding other income showing negative values from March 2021 to March 2025, though it did report a slight positive operating profit of 0.17 Cr in March 2025. Profit before tax and profit after tax have shown some fluctuations, with profit after tax reaching 0.09 Cr in March 2025, up from 0.02 Cr in March 2020, but still reflecting a long-term struggle to achieve profitability. The company’s total liabilities have increased slightly from 3.21 Cr in March 2020 to 4.18 Cr in March 2025, while total assets have also seen a modest rise from 3.21 Cr to 4.18 Cr during the same period. Cash flow from operating activities has been negative, indicating ongoing challenges in generating cash from core operations.<BR><BR>Breakdown:<BR>Adinath Textiles has demonstrated a troubling financial trajectory over the years, with net sales consistently at zero from March 2021 to March 2025, and only a minor revenue recorded in March 2019. The total operating income has mirrored this stagnation, remaining at zero, which suggests a lack of operational activity. Operating losses have persisted, with the operating profit (PBDIT) excluding other income showing negative figures until a slight recovery to 0.17 Cr in March 2025. The company has seen some improvement in profit before tax and profit after tax, with the latter reaching 0.09 Cr in March 2025, but this is still a far cry from sustainable profitability. Total liabilities have gradually increased, reflecting a rise from 3.21 Cr in March 2020 to 4.18 Cr in March 2025, while total assets have also grown slightly over the same period. The negative cash flow from operating activities further underscores the ongoing difficulties faced by the company in generating cash from its operations.

Is Adinath Textiles overvalued or undervalued?

As of April 25, 2023, Adinath Textiles is rated as risky and appears overvalued with a PE ratio of 16.90, a high Price to Book Value of 5.69, low ROE of 2.69%, negative ROCE of -44.89%, and unfavorable valuation metrics compared to peers, despite a recent stock return of 4.71%.

As of 25 April 2023, the valuation grade for Adinath Textiles has moved from does not qualify to risky. Based on the analysis, the company appears to be overvalued. The PE ratio stands at 16.90, while the Price to Book Value is significantly high at 5.69, indicating potential overvaluation relative to its book value. Additionally, the ROE is low at 2.69%, and the ROCE is negative at -44.89%, which raises concerns about the company's profitability and efficiency.<BR><BR>When compared to peers, Adinath Textiles' valuation metrics are less favorable. For instance, K P R Mill Ltd has a PE ratio of 47.51, indicating it is considered very expensive, while Trident, which is rated fair, has a PE of 42.6. The EV to EBITDA ratio for Adinath is -14.01, which is concerning compared to peers like Vardhman Textile at 11.64. Despite a recent stock return of 4.71% over the past week, which outperformed the Sensex's 1.40%, the overall financial indicators suggest that Adinath Textiles is not positioned favorably in the market.

What is the technical trend for Adinath Textiles?

As of May 13, 2025, Adinath Textiles shows a mildly bearish trend overall, with mixed signals from various indicators across different time frames.

As of 13 May 2025, the technical trend for Adinath Textiles has changed from bearish to mildly bearish. The weekly MACD and Bollinger Bands indicate a mildly bullish stance, while the monthly indicators, including MACD and KST, remain bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. The Dow Theory shows no trend in both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, with key indicators reflecting mixed signals across different time frames.

Who are the top shareholders of the Adinath Textiles?

The top shareholder of Adinath Textiles is Shreyans Industries Limited, with an 18.78% stake. Individual investors own a combined 54.1% of the shares, and there are no mutual funds or foreign institutional investors involved.

The top shareholder of Adinath Textiles is Shreyans Industries Limited, which holds an 18.78% stake in the company. Additionally, individual investors collectively own 54.1% of the shares. There are no mutual funds or foreign institutional investors holding shares in the company, and there are no pledged promoter holdings.

When is the next results date for Adinath Textiles?

No Upcoming Board Meetings

Has Adinath Textiles declared dividend?

No Dividend History Available