GTN Textiles

Which are the latest news on GTN Textiles?

Why is GTN Textiles Ltd falling/rising?

As of 05-Sep, GTN Textiles Ltd's stock price is at 8.16, down 5.45%, reflecting a significant decline over various periods, including a 21.54% drop in the past year. Despite some short-term outperformance, the stock remains below key moving averages and shows ongoing challenges compared to the broader market.

As of 05-Sep, GTN Textiles Ltd's stock price is falling, currently at 8.16, reflecting a change of -0.47 or -5.45%. This decline is evident in the stock's performance over various periods, with a 1-week drop of -9.83% compared to a smaller decline of -0.97% in the Sensex. Over the past year, the stock has decreased by -21.54%, while the Sensex has only fallen by -5.21%. <BR><BR>Despite today's performance showing that the stock outperformed its sector by 2.57%, it remains below the 5-day and 200-day moving averages, which indicates a weaker short-term trend. Additionally, while there has been a rise in investor participation with a delivery volume increase of 26.67% against the 5-day average, the overall year-to-date performance of -2.28% suggests ongoing challenges for the stock relative to the broader market, which has declined by -10.21% in the same timeframe. <BR><BR>These factors collectively contribute to the current downward trend in GTN Textiles Ltd's stock price.

Should I buy, sell or hold GTN Textiles Ltd?

Who are in the management team of GTN Textiles?

The management team of GTN Textiles includes B K Patodia (Chairman/Executive Director), Banwarilal Singhal, N K Bafna, V. N. Balakrishnan, and C. K. Gopalakrishnan Nair (all Independent Non-Executive Directors), along with Kalpana Mahesh Thakker and Umang Patodia (Non-Executive & Non-Independent Directors). This diverse team provides both executive leadership and independent oversight.

The management team of GTN Textiles includes the following individuals:<BR><BR>1. **B K Patodia** - Chairman / Executive Director<BR>2. **Banwarilal Singhal** - Independent Non-Executive Director<BR>3. **N K Bafna** - Independent Non-Executive Director<BR>4. **V. N. Balakrishnan** - Independent Non-Executive Director<BR>5. **C. K. Gopalakrishnan Nair** - Independent Non-Executive Director<BR>6. **Kalpana Mahesh Thakker** - Non-Executive & Non-Independent Director<BR>7. **Umang Patodia** - Non-Executive & Non-Independent Director<BR><BR>This team brings a mix of executive and independent oversight to the company.

What does GTN Textiles do?

GTN Textiles Ltd manufactures and sells cotton yarn, operating in the Garments & Apparels industry as a Micro Cap company. As of June 2026, it reported net sales of 7 Cr and a market cap of INR 11 Cr.

Overview: <BR>GTN Textiles Ltd is engaged primarily in the manufacture and sale of cotton yarn and operates within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History: <BR>GTN Textiles Ltd was incorporated in March 2005 and was registered as "Medium Enterprises - Manufacturing" on 14th August 2020. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 7 Cr (Quarterly Results - Jun 2026) <BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>- Market Cap: INR 11 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: N/A <BR>- Industry P/E: 28 <BR>- Dividend Yield: 0.00% <BR>- Debt Equity: -1.24 <BR>- Return on Equity: 44.92% <BR>- Price to Book: -0.76 <BR><BR>Contact Details: <BR>Address: Door No VIII/911, Erumathala P O Aluva Ernakulam Kerala : 683112 <BR>Tel: 91-0484-2839491 <BR>Email: cs@gtntextiles.com <BR>Website: http://www.gtntextiles.com

Who are the peers of the GTN Textiles?

GTN Textiles' peers include Jindal Cotex Ltd, Eurotex Industri, Kallam Textiles, and others. In terms of management risk, GTN Textiles is rated below average, with a 1-year return of -6.74%, better than peers like Jagjanani Text. and Samtex Fashion.

Peers: The peers of GTN Textiles are Jindal Cotex Ltd, Eurotex Industri, Kallam Textiles, Samtex Fashion, Garware Marine, Jagjanani Text., Mid India Inds., Suumaya Indust., and Jiwanram Sheo.<BR><BR>Quality Snapshot: Below Average management risk is observed at Jindal Cotex Ltd, Kallam Textiles, Garware Marine, GTN Textiles, and Jiwanram Sheo, while Average management risk is found at Suumaya Indust. Eurotex Industri, Samtex Fashion, Jagjanani Text., and Mid India Inds. do not qualify for management risk assessment. Below Average growth is noted at Jindal Cotex Ltd, Kallam Textiles, GTN Textiles, Jiwanram Sheo, and the rest do not qualify for growth assessment. Capital Structure is rated as Good for Garware Marine, Excellent for Suumaya Indust., and Below Average for Jindal Cotex Ltd, Kallam Textiles, GTN Textiles, and Jiwanram Sheo.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jagjanani Text. at -21.18%, while the peer with the lowest is Samtex Fashion at -47.06%. GTN Textiles has a 1-year return of -6.74%, which is better than both of these peers. Additionally, Kallam Textiles, Samtex Fashion, Garware Marine, and GTN Textiles have negative six-month returns.

How big is GTN Textiles?

As of 31st August, GTN Textiles Ltd has a market capitalization of 11.00 Cr and reported net sales of 16.25 Cr with a loss of 12.58 Cr over the latest four quarters. Shareholder's funds were at a loss of 12.24 Cr, with total assets valued at 40.20 Cr as of March 2025.

As of 31st August, GTN Textiles Ltd has a market capitalization of 11.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, GTN Textiles reported net sales of 16.25 Cr. However, the company experienced a loss of 12.58 Cr during the same period.<BR><BR>As of the latest annual period in March 2025, the company's shareholder's funds stood at a loss of 12.24 Cr, while total assets were valued at 40.20 Cr.

Are GTN Textiles Ltd latest results good or bad?

GTN Textiles Ltd's latest Q4 FY26 results are concerning, showing a consolidated net loss of ₹10.21 crores, a 2,330.95% increase from the previous quarter. Despite a slight rise in net sales, the company faces severe operational challenges and a negative book value per share, indicating financial instability.

GTN Textiles Ltd's latest results for Q4 FY26 indicate a troubling financial situation. The company reported a consolidated net loss of ₹10.21 crores, which is a staggering increase of 2,330.95% compared to the previous quarter's loss of ₹0.42 crores. This significant loss highlights severe operational distress.<BR><BR>While net sales showed a slight improvement, increasing by 3.25% to ₹3.49 crores, this growth is overshadowed by the company's inability to achieve positive operating margins, which stood at a negative 9.46%. The negative book value per share of ₹-43.19 further underscores the financial instability, indicating that the company's liabilities exceed its assets.<BR><BR>Overall, the results reflect a company struggling with fundamental business challenges, persistent operating losses, and a deteriorating balance sheet. The outlook remains bleak, with no clear path to recovery or profitability in sight. Therefore, the latest results can be classified as bad, raising significant concerns for investors and stakeholders.

How has been the historical performance of GTN Textiles?

GTN Textiles has experienced a significant decline in financial performance, with net sales dropping from 142.26 Cr in Mar'19 to 0.00 Cr by Mar'25, and increasing losses leading to a negative net profit of -7.38 Cr in Mar'25. The company's financial health has deteriorated, reflected in negative shareholder's funds and cash flow challenges.

Answer:<BR>The historical performance of GTN Textiles shows a significant decline in financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>GTN Textiles experienced a drastic drop in net sales from 142.26 Cr in Mar'19 to 0.00 Cr in Mar'25, indicating a complete cessation of revenue generation. The total operating income followed a similar trend, decreasing from 142.26 Cr in Mar'19 to 9.99 Cr in Mar'23, and then to 0.00 Cr in the subsequent years. The company faced increasing losses, with profit before tax declining from -8.44 Cr in Mar'19 to -4.03 Cr in Mar'23, before showing a slight recovery to 0.44 Cr in Mar'25. However, the net profit remained negative, with a loss of -7.38 Cr in Mar'25, although this was an improvement from -17.97 Cr in Mar'23. The balance sheet reflects a deteriorating position, with total liabilities decreasing from 171.01 Cr in Mar'20 to 40.20 Cr in Mar'25, while shareholder's funds turned negative, dropping from 74.25 Cr in Mar'20 to -12.24 Cr in Mar'25. Cash flow analysis reveals a challenging situation, with cash flow from operating activities fluctuating and ultimately resulting in a net cash outflow of 0.00 Cr in Mar'23. Overall, GTN Textiles has shown a concerning trend of declining revenues, increasing losses, and deteriorating financial health over the years.

When is the next results date for GTN Textiles?

The next results date for GTN Textiles is 07 November 2025.

The next results date for GTN Textiles is scheduled for 07 November 2025.

Is GTN Textiles overvalued or undervalued?

As of November 10, 2023, GTN Textiles is considered overvalued with a risky valuation grade, reflected by a negative PE ratio of -0.76, a high EV to EBIT of 41.43, and a poor ROCE of 2.31%, significantly underperforming its peers and the Sensex.

As of 10 November 2023, the valuation grade for GTN Textiles has moved from expensive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios highlight this concern, with a PE ratio of -0.76, an EV to EBIT of 41.43, and a ROCE of just 2.31%. These figures suggest that the company's earnings and capital efficiency are underperforming relative to its market price.<BR><BR>In comparison to its peers, GTN Textiles stands out unfavorably; for instance, K P R Mill Ltd has a PE ratio of 47.51, while Trident shows a more reasonable EV to EBITDA of 18.36. The stark contrast in these ratios underscores the overvaluation of GTN Textiles within its industry. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -25.08% compared to the Sensex's 5.58%, further reinforcing the notion that GTN Textiles is not a favorable investment at its current price of 9.14.

What is the technical trend for GTN Textiles?

As of May 19, 2025, GTN Textiles shows a mildly bearish trend with mixed signals: the weekly MACD is mildly bullish, the monthly MACD is bearish, and while the RSI indicates potential long-term upward momentum, short-term indicators like Bollinger Bands and moving averages suggest weakness.

As of 19 May 2025, the technical trend for GTN Textiles has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential upward momentum in the longer term. However, Bollinger Bands and moving averages are bearish on the daily and weekly charts, indicating short-term weakness. The KST is mildly bullish on the weekly but bearish on the monthly, further contributing to the mixed outlook. Overall, the current stance is mildly bearish, with key indicators showing divergence between short-term and long-term trends.

Who are the top shareholders of the GTN Textiles?

The top shareholders of GTN Textiles include promoter Prabha Patodia with 16.13% ownership, individual investors holding 32.77%, and public shareholder Gnanadev Polisetty at 1.23%. There are minimal institutional holdings, with no pledged promoter shares reported.

The top shareholders of GTN Textiles include the promoters, who hold the majority of the shares. The promoter with the highest holding is Prabha Patodia, who owns 16.13% of the company. Additionally, individual investors collectively hold 32.77% of the shares. In terms of public shareholders, Gnanadev Polisetty is the highest with a holding of 1.23%. The company also has a small presence of institutional investors, with one Foreign Institutional Investor (FII) holding 0.01% and five mutual fund schemes holding another 0.01%. There are no pledged promoter holdings reported.

Has GTN Textiles declared dividend?

GTN Textiles Ltd has declared a 6% dividend, amounting to 0.6000 per share, but the dividend yield is 0% as no dividends have been paid in recent periods. Total returns have varied significantly, with negative returns in the short term and positive returns over the long term.

GTN Textiles Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6000<BR>- Ex-date: Jul-17-2008<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -25.91%, the dividend return was 0%, resulting in a total return of -25.91%.<BR><BR>In the 1 Year period, the price return was -25.73%, the dividend return was 0%, resulting in a total return of -25.73%.<BR><BR>In the 2 Years period, the price return was -18.57%, the dividend return was 0%, resulting in a total return of -18.57%.<BR><BR>In the 3 Years period, the price return was -42.64%, the dividend return was 0%, resulting in a total return of -42.64%.<BR><BR>In the 4 Years period, the price return was 48.05%, the dividend return was 0%, resulting in a total return of 48.05%.<BR><BR>In the 5 Years period, the price return was 64.32%, the dividend return was 0%, resulting in a total return of 64.32%.<BR><BR>Overall, while GTN Textiles has declared a dividend, the dividend yield remains at 0%, indicating that there have been no dividends paid in recent periods. The total returns show significant fluctuations, with negative returns in the shorter periods and positive returns over the longer term.