Patspin India

Has Patspin India declared dividend?

Yes, Patspin India Ltd has declared a 6% dividend, amounting to ₹0.6000 per share. However, the dividend yield is 0%, and total returns have varied significantly, with positive returns over longer periods despite no contribution from dividends.

Patspin India Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6000<BR>- Ex-date: Jul-12-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -15.87%, the dividend return was 0%, resulting in a total return of -15.87%.<BR><BR>In the 1-year period, the price return was -14.27%, the dividend return was 0%, leading to a total return of -14.27%.<BR><BR>Over the 2-year period, the price return was -7.91%, with a dividend return of 0%, resulting in a total return of -7.91%.<BR><BR>In the 3-year period, the price return was 26.43%, the dividend return was 0%, culminating in a total return of 26.43%.<BR><BR>For the 4-year period, the price return was 79.21%, with a dividend return of 0%, which resulted in a total return of 79.21%.<BR><BR>In the 5-year period, the price return was 169.45%, the dividend return was 0%, leading to a total return of 169.45%.<BR><BR>Overall, while Patspin India Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant fluctuations, particularly with positive returns over longer periods, despite the absence of dividends in those calculations.

Who are the peers of the Patspin India?

Patspin India's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, and Jakharia Fabric. Page Industries leads in 1-year returns at 26.58%, while Vedant Fashions has the lowest at -24.65%, with Patspin India at -16.85%.

Peers: The peers of Patspin India are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric.<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, while Below Average management risk is seen at Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric, and the rest. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent. Below Average growth is found at Page Industries, Vedant Fashions, Trident, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric, and the rest. For Capital Structure, Excellent capital structure is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Below Average capital structure is noted at Trent, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the peer with the lowest is Vedant Fashions at -24.65%. Patspin India's own 1-year return is -16.85%, which is higher than Vedant Fashions but lower than Page Industries. Additionally, the six-month return is negative for Trent, Vedant Fashions, Trident, Mahalaxmi Fab., and Gujarat Hy-Spin.

Is Patspin India overvalued or undervalued?

As of April 25, 2023, Patspin India is considered overvalued and risky, with a negative PE ratio of -3.54 and poor performance compared to peers and the market, reflected by a year-to-date return of -8.06% versus the Sensex's gain of 5.63%.

As of 25 April 2023, Patspin India has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial metrics. Key ratios indicate significant concerns, with a PE ratio of -3.54, an EV to EBITDA of -107.90, and a ROCE of -12.15%. <BR><BR>In comparison to its peers, Patspin India stands out negatively; for instance, K P R Mill Ltd has a PE ratio of 47.51, while Trident shows a PE of 42.6, both indicating a stark contrast in valuation. The company's performance has been underwhelming, with a year-to-date return of -8.06%, compared to the Sensex's gain of 5.63% during the same period, further reinforcing the notion that Patspin India is overvalued in the current market landscape.

What is the technical trend for Patspin India?

As of May 9, 2025, Patspin India shows a mildly bearish trend, with daily moving averages indicating bearishness, while weekly indicators suggest mild bullishness, leading to mixed signals and a cautious outlook.

As of 9 May 2025, the technical trend for Patspin India has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly MACD and KST show mildly bullish signals. The Bollinger Bands on a weekly basis also reflect a mildly bullish sentiment, but the monthly indicators, including MACD and KST, remain bearish. Overall, the mixed signals suggest caution, with a stronger bearish influence in the longer time frames.

Who are in the management team of Patspin India?

As of March 2023, the management team of Patspin India includes B K Patodia (Chairman), Umang Patodia (Managing Director), and several independent and non-executive directors, including N K Bafna, Kalpana Mahesh Thakker, V N Balakrishnan, and C K Gopalan Nair, along with Veena Bhandary as Associate Company Secretary.

As of March 2023, the management team of Patspin India includes the following individuals:<BR><BR>1. B K Patodia - Chairman (Non-Executive)<BR>2. N K Bafna - Independent Director<BR>3. Umang Patodia - Managing Director<BR>4. Kalpana Mahesh Thakker - Non-Executive Director<BR>5. V N Balakrishnan - Independent Director<BR>6. Veena Bhandary - Associate Company Secretary<BR>7. C K Gopalan Nair - Independent Director<BR><BR>Each member plays a distinct role in the governance and management of the company.

What does Patspin India do?

Patspin India Ltd manufactures and exports cotton yarn in the Garments & Apparels industry. As of March 2025, it reported net sales of ₹113 Cr and a net loss of ₹25 Cr, with a market cap of ₹33 Cr.

Overview: <BR>Patspin India Ltd is engaged in the manufacture and export of cotton yarn within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1991, Patspin India Limited was promoted by GTN Textiles under the leadership of B K Patodia and Umang Patodia. The company reported its latest quarterly results for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 113 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -25 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 33 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -2.58 <BR>Return on Equity: 34.47% <BR>Price to Book: -1.23<BR><BR>Contact Details: <BR>Address: 3rd Floor Palal Towers, Ravipuram M G Road Ernakulam Kochi Kerala : 682016 <BR>Tel: 91-484-2371822/823/824/825/6/7 <BR>Email: cs@patspin.com <BR>Website: http://www.patspinindia.com

Who are the top shareholders of the Patspin India?

The top shareholders of Patspin India include Gtn Textiles Limited with a 46.21% stake, while individual investors hold 29.66% and Sangeetha S is the largest public shareholder at 3.92%. There are no reported holdings from mutual funds or foreign institutional investors.

The top shareholders of Patspin India include Gtn Textiles Limited, which holds the highest promoter stake at 46.21%. The majority of the shareholding is with promoters, who have a pledged holding of 36.2563%. In terms of public shareholders, Sangeetha S is the largest, holding 3.92%. Additionally, individual investors collectively hold 29.66% of the shares. There are no holdings from mutual funds or foreign institutional investors (FIIs) reported at this time.

How big is Patspin India?

As of 24th July, Patspin India Ltd has a market capitalization of 35.00 Cr and reported Net Sales of 47.33 Cr, with a Net Profit loss of 9.79 Cr over the latest four quarters. Shareholder's Funds are at a loss of 23.86 Cr, and Total Assets are valued at 76.04 Cr.

As of 24th July, Patspin India Ltd has a market capitalization of 35.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Patspin India reported Net Sales of 47.33 Cr. However, the company experienced a loss of 9.79 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds stood at a loss of 23.86 Cr, while Total Assets were valued at 76.04 Cr.

When is the next results date for Patspin India?

Patspin India will announce its results on 07 November 2025.

Patspin India will declare its results on 07 November 2025.

Are Patspin India latest results good or bad?

Patspin India's latest results are concerning, as the company reported a net loss of ₹3.03 crores in Q2 FY26, continuing a trend of losses in six of the last seven quarters, despite achieving record net sales of ₹13.75 crores. The negative operating margin and significant financial distress raise serious concerns about its future viability.

Patspin India's latest results indicate a challenging situation for the company. In Q2 FY26, the company reported a net loss of ₹3.03 crores, which is a significant decline of 39.63% compared to the same quarter last year and a 28.39% increase in losses from the previous quarter. This marks a continuation of a troubling trend, as Patspin has recorded net losses in six of the last seven quarters.<BR><BR>On a more positive note, the company achieved its highest quarterly net sales of ₹13.75 crores, reflecting a growth of 22.88% quarter-on-quarter and 18.84% year-on-year. However, this sales growth did not translate into profitability, as the operating margin fell to -5.09%, the worst performance in seven quarters. This suggests that the company is struggling with its cost structure and operational efficiency, selling products below their production costs.<BR><BR>Additionally, the balance sheet shows significant distress, with a negative book value of ₹-27.48 per share and negative shareholder equity of ₹-33.86 crores. The company also faces a heavy debt burden, with long-term debt of ₹54.59 crores and an inability to cover interest expenses from operating profits.<BR><BR>Overall, while there are signs of revenue growth, the persistent losses, negative margins, and financial instability indicate that the latest results are more negative than positive, raising serious concerns about the company's future viability.

Should I buy, sell or hold Patspin India?

How has been the historical performance of Patspin India?

Patspin India has experienced a significant decline in financial performance, with net sales dropping from INR 548.51 crore in March 2019 to INR 47.33 crore in March 2025, and operating profit turning negative, resulting in consistent losses. The company's total assets and liabilities have also decreased, reflecting a troubling trend in its operational viability.

Answer:<BR>The historical performance of Patspin India shows a significant decline in financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Patspin India's net sales have decreased sharply from INR 548.51 crore in March 2019 to just INR 47.33 crore in March 2025, reflecting a downward trend in operational performance. Total operating income followed a similar trajectory, dropping from INR 548.51 crore in March 2019 to INR 47.33 crore in March 2025. The company's raw material costs have also decreased, indicating a reduction in production activity, with costs falling from INR 337.81 crore in March 2019 to INR 4.61 crore in March 2025. Operating profit (PBDIT) has turned negative, with a loss of INR 0.92 crore reported in March 2025, compared to a profit of INR 36.67 crore in March 2019. Profit before tax and profit after tax have consistently shown losses, culminating in a loss of INR 9.79 crore in March 2025. The company's total liabilities have decreased from INR 257.67 crore in March 2020 to INR 69.25 crore in March 2025, while total assets have also declined from INR 257.67 crore to INR 69.25 crore over the same period. Cash flow from operating activities has been minimal, with a slight increase to INR 1 crore in March 2025, compared to INR 51 crore in March 2020. Overall, the financial data indicates a troubling trend for Patspin India, characterized by declining revenues, increasing losses, and a shrinking asset base.

Which are the latest news on Patspin India?

Why is Patspin India Ltd falling/rising?

As of 02-Feb, Patspin India Ltd's stock price is Rs 7.25, down 6.21%, reflecting significant underperformance against the Sensex, with a 42.55% decline over the past year. Weak financial fundamentals, including high debt and decreasing sales, along with bearish trading indicators, contribute to the stock's ongoing decline.

As of 02-Feb, Patspin India Ltd's stock price is falling, currently at Rs 7.25, which reflects a decrease of Rs 0.48 or 6.21%. This decline is part of a broader trend, as the stock has underperformed significantly against the benchmark Sensex, with a 1-week drop of 9.38% compared to a slight increase of 0.16% for the index. Over the past month, the stock has decreased by 12.65%, while the Sensex has only fallen by 4.78%. <BR><BR>The stock's performance over the past year is particularly concerning, with a staggering decline of 42.55%, contrasting sharply with the Sensex's gain of 5.37%. This underperformance is compounded by the company's weak financial fundamentals, including a negative book value and a high debt-to-equity ratio, which stands at -2.08 times. The company's net sales have decreased at an annual rate of 27.21%, and its operating profit has stagnated at 0% over the last five years. <BR><BR>Additionally, the stock is trading below all key moving averages, indicating a bearish trend. Investor participation has also diminished, with a significant drop in delivery volume by 59.05% against the 5-day average. The presence of pledged promoter shares, which account for 36.26%, adds further downward pressure in a declining market. Overall, these factors contribute to the stock's continued decline.