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.

how big is Adinath Textiles?

As of Jun 06, Adinath Textiles Ltd has a market capitalization of 17.00 Cr, classifying it as a Micro Cap company, with net sales of 0.00 Cr and a net profit of 0.08 Cr over the latest four quarters. Shareholder's funds are 2.89 Cr, and total assets amount to 4.16 Cr as of the latest annual period ending in Mar'24.

Market Cap: As of Jun 06, Adinath Textiles Ltd has a market capitalization of 17.00 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, and the sum of Net Profit for the same period is 0.08 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 2.89 Cr, and Total Assets amount to 4.16 Cr.

When is the next results date for Adinath Textiles?

No Upcoming Board Meetings

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. It was incorporated in 1979 and reported a net profit of 0 Cr for the quarter ending March 2025, with a market cap of Rs 17 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 latest quarterly results reported a net profit of 0 Cr for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 17 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.08 <BR>Return on Equity: 2.69% <BR>Price to Book: 5.70 <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

Has Adinath Textiles declared dividend?

No Dividend History Available

Who are the peers of the Adinath Textiles?

Peers of Adinath Textiles include Trent, Page Industries, K P R Mill Ltd, and Vedant Fashions, among others. Page Industries leads in 1-year returns at 26.58%, while Adinath Textiles has a return of -3.86%.

Peers: The peers of Adinath Textiles are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Globale Tessile, Konark Synth, Gujarat Cotex, Sri Nacha. Cott., and Kizi Apparels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted at Trident and Gujarat Cotex, and Below Average management risk is present at Globale Tessile, Konark Synth, Sri Nacha. Cott., and the rest. Growth is Excellent at K P R Mill Ltd, Good at Trent, Average at Gujarat Cotex, and Below Average at Page Industries, Vedant Fashions, Trident, Globale Tessile, Konark Synth, Sri Nacha. Cott., and the rest. Capital Structure is Excellent at Page Industries and K P R Mill Ltd, Good at Trident, Below Average at Globale Tessile, Konark Synth, and the rest, and Average at Gujarat Cotex.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Vedant Fashions at -24.55%. Adinath Textiles has a 1-year return of -3.86%, which is higher than Vedant Fashions but lower than Page Industries. Additionally, Globale Tessile, Vedant Fashions, Trident, Sri Nacha. Cott., and Kizi Apparels have negative six-month returns.

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 in the management team of Adinath Textiles?

As of March 2022, 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 (Independent Directors), along with Harpreet Kaur (Company Secretary & Compliance Officer). They oversee the company's strategic direction and governance.

As of March 2022, the management team of Adinath Textiles includes the following individuals:<BR><BR>1. Rajneesh Oswal - Chairman & Managing Director<BR>2. Priya Begana - Independent Director<BR>3. Vishal Oswal - Vice Chairman & Managing 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>This team is responsible for the strategic direction and governance of the company.

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.

Which are the latest news on Adinath Textiles?

Why is Adinath Textiles falling/rising?

As of 04-Dec, Adinath Textiles Ltd's stock price is rising to 26.81, marking a 3.39% increase after a trend reversal. Despite a significant drop in investor participation, the stock's performance above key moving averages suggests positive short-term momentum.

As of 04-Dec, Adinath Textiles Ltd's stock price is rising, currently at 26.81, reflecting a change of 0.88 or 3.39% increase. This upward movement follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock has outperformed its sector by 3.8% today, suggesting stronger relative performance compared to its peers.<BR><BR>The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bullish trend. However, it is important to note that there has been a significant drop in investor participation, with delivery volume on 03 Dec falling by 73.1% compared to the 5-day average. Despite this decline in participation, the current price increase indicates a positive short-term momentum for Adinath Textiles Ltd.