Deepak Spinners

Why is Deepak Spinners Ltd. falling/rising?

As of 09-Aug, Deepak Spinners Ltd. is experiencing a stock price decline to Rs 131.30, down 8.02%, due to underperformance against the Sensex, a trend reversal after previous gains, and high intraday volatility. Despite increased delivery volume, negative investor sentiment and market conditions have contributed to this downward trend.

As of 09-Aug, Deepak Spinners Ltd. is experiencing a decline in its stock price, currently at Rs 131.30, which reflects a change of -11.45 (-8.02%). This drop can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed significantly compared to the benchmark Sensex, with a performance today that is -8.19% lower than its sector. Additionally, the stock has fallen after four consecutive days of gains, indicating a trend reversal. The intraday low reached Rs 127.55, marking a decrease of 10.65%, which suggests that investor sentiment has turned negative.<BR><BR>Moreover, the stock has shown high volatility today, with an intraday volatility of 5.36%. This indicates that there has been considerable fluctuation in the stock price, contributing to the overall decline. The moving averages indicate that while the stock is higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages, which may suggest short-term weakness.<BR><BR>Despite a notable increase in delivery volume by 360.65% on 06 August, indicating rising investor participation, the overall market conditions and the stock's recent performance have led to its current downward trend. Thus, the combination of these factors has resulted in the falling stock price of Deepak Spinners Ltd.

Which are the latest news on Deepak Spinners?

Should I buy, sell or hold Deepak Spinners Ltd.?

How big is Deepak Spinners?

As of 10th June, Deepak Spinners Ltd. has a market capitalization of 81.00 Cr, classifying it as a Micro Cap company, with net sales of 534.16 Cr and a net profit of 3.64 Cr reported over the latest four quarters. Specific values for Shareholder's Funds and Total Assets are not available.

As of 10th June, Deepak Spinners Ltd. has a market capitalization of 81.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Deepak Spinners reported net sales of 534.16 Cr and a net profit of 3.64 Cr.<BR><BR>The reporting period for the balance sheet data is the latest annual period. However, specific values for Shareholder's Funds and Total Assets are not available.

Who are in the management team of Deepak Spinners?

The management team of Deepak Spinners includes Pradip Kumar Daga (Chairman & Managing Director), Yashwant Daga (Vice Chairman & Joint Managing Director), Shantanu Daga (Whole Time Director), Asha Devi Daga (Director), Puneeta Arora (Company Secretary), and several independent directors: Pradeep Kumar Drolia, A P Agarwalla, Vivek Chiraniya, and Sharad Agarwal. They oversee the company's operations and strategic direction.

The management team of Deepak Spinners includes the following members:<BR><BR>1. **Pradip Kumar Daga** - Chairman & Managing Director<BR>2. **Yashwant Daga** - Vice Chairman & Joint Managing Director<BR>3. **Shantanu Daga** - Whole Time Director<BR>4. **Asha Devi Daga** - Director<BR>5. **Puneeta Arora** - Company Secretary & Compliance Officer<BR>6. **Pradeep Kumar Drolia** - Independent Director<BR>7. **A P Agarwalla** - Independent Director<BR>8. **Vivek Chiraniya** - Independent Director<BR>9. **Sharad Agarwal** - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Deepak Spinners?

Deepak Spinners' peers include Acknit Indus., Nagreeka Exports, SPL Industries, Fiberweb (India), Sanrhea Tech., Shalimar Wires, Veekayem Fash., Ken Enter., and Silky Overseas. Management risks vary, with Sanrhea Tech. and Silky Overseas rated excellent, while Deepak Spinners has average risk; Acknit Indus. leads in 1-year returns at 11.92%, while Deepak Spinners' return is -22.97%.

Peers: The peers of Deepak Spinners are Acknit Indus., Nagreeka Exports, SPL Industries, Fiberweb (India), Sanrhea Tech., Shalimar Wires, Veekayem Fash., Ken Enter., and Silky Overseas.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sanrhea Tech. and Silky Overseas, while Average management risk is found at Acknit Indus., Nagreeka Exports, Deepak Spinners, Fiberweb (India), Veekayem Fash., and Ken Enter. Below Average management risk is present at SPL Industries and Shalimar Wires. Growth is rated as Good for Nagreeka Exports, Sanrhea Tech., and Veekayem Fash., while Below Average growth is noted for Acknit Indus., Deepak Spinners, Fiberweb (India), SPL Industries, and Shalimar Wires. The rest have Average growth. Capital Structure is rated as Excellent for SPL Industries and Fiberweb (India), Good for Deepak Spinners and Sanrhea Tech., and Below Average for Acknit Indus., Nagreeka Exports, Shalimar Wires, and Veekayem Fash.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Acknit Indus. at 11.92%, while Fiberweb (India) has the lowest at -47.12%. Deepak Spinners' 1-year return is -22.97%, which is better than Fiberweb (India) but worse than Acknit Indus. Additionally, SPL Industries, Fiberweb (India), Shalimar Wires, and Nagreeka Exports all have negative six-month returns.

What does Deepak Spinners do?

Deepak Spinners Ltd. is a manufacturer of synthetic staple fibres yarn and man-made fibres blended yarn in the garments industry. As of March 2026, it reported net sales of ₹121 Cr and a net profit of ₹2 Cr, with a market cap of ₹81 Cr.

Overview: <BR>Deepak Spinners Ltd. is a manufacturer of Synthetic Staple Fibres Yarn and Man-made Fibres Blended Yarn, operating in the Garments & Apparels industry within the Micro Cap market segment.<BR><BR>History: <BR>Deepak Spinners Limited was incorporated in March 1982. The company has been operational since then, with the latest quarterly results reported for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 121 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 81 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.13 <BR>Return on Equity: 1.59% <BR>Price to Book: 0.35<BR><BR>Contact Details: <BR>Address: 121 Industrial Area Baddi, Tehsil Nalagarh Dist Solan Himachal Pradesh : 173205 <BR>Tel: 91-172-2790977 <BR>Email: share@dsl-india.com <BR>Website: http://www.dsl-india.com

Are Deepak Spinners Ltd. latest results good or bad?

Deepak Spinners Ltd.'s latest results show a return to profitability with a net profit of ₹2.47 crores, but a decline in net sales and reliance on non-operating income raise concerns about its financial health, making the overall outlook more negative than positive.

Deepak Spinners Ltd.'s latest results for Q4 FY26 present a mixed picture. On one hand, the company reported a net profit of ₹2.47 crores, which is a significant improvement compared to a loss of ₹0.65 crores in the same quarter last year. However, this profit reflects a decline of 12.10% from the previous quarter's profit of ₹2.81 crores.<BR><BR>Net sales also saw a decline, dropping 10.65% quarter-on-quarter to ₹120.76 crores, marking the lowest revenue figure in the last year. This decline in sales is concerning, especially given the persistent challenges in the textile sector, including volatile raw material prices and subdued demand.<BR><BR>While the operating margin improved to 5.53%, indicating better cost management, the overall financial health of the company raises several red flags. The reliance on non-operating income, which accounted for a significant portion of profit before tax, suggests that core operations are under pressure.<BR><BR>Additionally, the company's elevated P/E ratio of 151.81x raises valuation concerns, especially given its inconsistent profitability and the absence of institutional interest. The stock has also underperformed significantly over the past year, declining by 23.75% compared to the sector's decline of 7.33%.<BR><BR>In summary, while there are some positive aspects, such as a return to profitability and improved margins, the overall results indicate ongoing struggles with revenue and operational efficiency. Therefore, the outlook for Deepak Spinners can be considered more negative than positive at this time.

When is the next results date for Deepak Spinners Ltd.?

The next results date for Deepak Spinners Ltd. is 26 May 2026.

The next results date for Deepak Spinners Ltd. is scheduled for 26 May 2026.

How has been the historical performance of Deepak Spinners?

Deepak Spinners showed strong historical performance, with net sales increasing from INR 144.67 crore in March 2009 to INR 293.67 crore in March 2012, and profit after tax rising from a loss of INR 2.19 crore to a profit of INR 11.71 crore during the same period. Key financial metrics indicate significant growth and recovery.

Answer:<BR>The historical performance of Deepak Spinners shows a positive trend in net sales and profitability over the years leading up to March 2012.<BR><BR>Breakdown:<BR>Deepak Spinners experienced a steady increase in net sales from INR 144.67 crore in March 2009 to INR 293.67 crore in March 2012. Other operating income also rose, contributing to a total operating income of INR 296.96 crore in March 2012, up from INR 144.91 crore in March 2009. The raw material cost increased correspondingly, reaching INR 203.16 crore in March 2012. Despite rising costs, the operating profit (PBDIT) improved significantly, climbing from INR 11.48 crore in March 2009 to INR 40.18 crore in March 2012. Profit before tax turned positive in March 2011 at INR 10.01 crore and further increased to INR 14.56 crore in March 2012. Consequently, profit after tax also saw an upward trajectory, moving from a loss of INR 2.19 crore in March 2009 to a profit of INR 11.71 crore in March 2012. The earnings per share (EPS) reflected this growth, rising from a negative INR 3.00 in March 2009 to INR 13.56 in March 2012. Overall, the financial metrics indicate a robust recovery and growth trajectory for Deepak Spinners over the analyzed period.

Who are the top shareholders of the Deepak Spinners?

The top shareholders of Deepak Spinners include Yashwant Kumar Daga with 13.88%, M. P. State Industrial Development Corporation Ltd. at 4.44%, and individual investors holding 37.87%. There are no pledged promoter holdings, minimal institutional involvement, and no foreign institutional investors.

The top shareholders of Deepak Spinners include Yashwant Kumar Daga, who holds the highest promoter stake at 13.88%. Additionally, the highest public shareholder is M. P. State Industrial Development Corporation Ltd., with a holding of 4.44%. Individual investors collectively own 37.87% of the shares. There are no pledged promoter holdings, and the company has minimal institutional involvement, with only one mutual fund scheme holding 0.01% and no foreign institutional investors.

Is Deepak Spinners overvalued or undervalued?

As of August 14, 2024, Deepak Spinners is considered risky and overvalued due to negative earnings metrics, a low Price to Book Value of 0.46, and significant underperformance with a year-to-date return of -26.83%, contrasting sharply with the Sensex's 5.64% gain.

As of 14 August 2024, the valuation grade for Deepak Spinners has moved from very attractive to risky, indicating a significant shift in its financial outlook. The company is currently deemed overvalued, particularly highlighted by its PE ratio of -10.30 and an EV to EBIT of -11.84, which suggest negative earnings performance. Additionally, the Price to Book Value stands at a low 0.46, further emphasizing the company's struggles in generating value for shareholders.<BR><BR>In comparison to its peers, Deepak Spinners' financial metrics are concerning. K P R Mill Ltd is classified as very expensive with a PE ratio of 47.51, while Trident is considered fair with a PE of 42.6. These comparisons underscore the challenges Deepak Spinners faces within the garments and apparels industry. Notably, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -26.83% compared to the Sensex's 5.64%, reinforcing the notion of its overvaluation amidst a broader market recovery.

What is the technical trend for Deepak Spinners?

As of June 3, 2025, Deepak Spinners shows a bearish trend with moderate strength, supported by daily moving averages and monthly MACD indicators, despite some mildly bullish signals in the weekly MACD and KST.

As of 3 June 2025, the technical trend for Deepak Spinners has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the weekly MACD shows a mildly bullish signal, contrasting with the monthly MACD which is bearish. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, and the KST is mildly bullish weekly but bearish monthly. The Dow Theory indicates a mildly bearish trend on the weekly chart with no clear trend on the monthly. Overall, the combination of these indicators suggests a bearish outlook for Deepak Spinners.

Has Deepak Spinners declared dividend?

Yes, Deepak Spinners Ltd. has declared a 5% dividend, amounting to ₹0.5 per share, with an ex-date of August 23, 2024. Despite the dividend declaration, recent total returns show significant price declines over shorter periods, while longer-term performance has been more favorable.

Deepak Spinners Ltd. has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 23 Aug 24<BR><BR>Dividend Yield: 0.34%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -22.17%, the dividend return was 0%, resulting in a total return of -22.17%.<BR><BR>Over the past year, the price return was -30.25%, the dividend return was 0.24%, leading to a total return of -30.01%.<BR><BR>In the 2-year period, the price return was -38.54%, with a dividend return of 1.24%, culminating in a total return of -37.3%.<BR><BR>For the 3-year period, the price return was -40.29%, the dividend return was 1.39%, resulting in a total return of -38.9%.<BR><BR>In the last 4 years, the price return was 1.1%, the dividend return was 3.33%, giving a total return of 4.43%.<BR><BR>Finally, over the past 5 years, the price return was 126.54%, the dividend return was 11.67%, resulting in a total return of 138.21%.<BR><BR>Overall, while Deepak Spinners has declared a dividend, the recent total returns indicate significant declines in price over shorter periods, with a more favorable performance over the longer term. The dividend yield remains modest, reflecting the company's current financial dynamics.