Super Spinning Mills Ltd Falls to 52-Week Low of Rs.6.35

Stock Price Movement and Market Context

On 25 Feb 2026, Super Spinning Mills Ltd recorded its lowest price in the past year at Rs.6.35, down sharply from its 52-week high of Rs.12.88. This represents a decline of over 50% from the peak price within the last twelve months. Despite this, the stock managed a day gain of 1.52%, outperforming the Garments & Apparels sector by 2.39%, and reversing a three-day consecutive fall. However, the stock remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a sustained bearish trend.

The broader market environment showed mixed signals on the same day. The Sensex opened higher at 82,530.12, gaining 304.20 points (0.37%), but was trading slightly lower at 82,231.04 by midday, a marginal 0.01% increase. The index remains 4.78% below its 52-week high of 86,159.02. Mega-cap stocks led the market gains, while the Sensex traded below its 50-day moving average, though the 50DMA itself was above the 200DMA, indicating some underlying market strength.

Financial Performance and Valuation Concerns

Super Spinning Mills Ltd’s financial performance over the past year has been underwhelming. The stock has delivered a negative return of -43.36% compared to the Sensex’s positive 10.23% return over the same period. The company’s long-term sales growth has been weak, with a compounded annual growth rate (CAGR) of -35.10% in net sales over the last five years. This decline in revenue has weighed heavily on investor sentiment and valuation.

Profitability metrics remain subdued. The company reported a Profit Before Tax (PBT) excluding other income of just Rs.0.59 crore in the December 2025 quarter, one of the lowest in recent periods. Return on Capital Employed (ROCE) stands at 5.1%, while the Enterprise Value to Capital Employed ratio is 0.7, indicating a relatively expensive valuation given the company’s earnings profile. The average EBIT to interest coverage ratio is a weak 0.67, reflecting limited ability to service debt obligations comfortably. Consequently, the company has reported losses and a negative Return on Equity (ROE), further highlighting profitability challenges.

Comparative Performance and Market Position

In addition to underperforming the Sensex, Super Spinning Mills Ltd has lagged behind the broader BSE500 index over multiple time horizons, including the last three years, one year, and three months. This below-par performance underscores the company’s difficulties in maintaining competitive positioning within the Garments & Apparels sector.

Shareholding and Market Capitalisation

The company’s shareholding pattern is dominated by non-institutional investors, which may contribute to lower liquidity and higher volatility in the stock price. The Market Capitalisation Grade is rated 4, indicating a relatively small market cap compared to larger peers in the sector. This micro-cap status often results in greater sensitivity to market fluctuations and company-specific news.

Mojo Score and Analyst Ratings

Super Spinning Mills Ltd currently holds a Mojo Score of 16.0, categorised as a Strong Sell. This rating was downgraded from Sell on 2 July 2025, reflecting deteriorating fundamentals and weak growth prospects. The downgrade aligns with the company’s declining sales, poor debt servicing capacity, and negative profitability metrics.

Sector and Industry Context

Operating within the Garments & Apparels industry, Super Spinning Mills Ltd faces stiff competition and pricing pressures. While the sector has seen pockets of growth, the company’s financial indicators suggest it has struggled to capitalise on these opportunities. The stock’s valuation is discounted relative to peer averages, but this appears to be a reflection of underlying performance rather than market mispricing.

Summary of Key Financial Metrics

Over the last five years, Super Spinning Mills Ltd has experienced a negative CAGR of -35.10% in net sales, indicating a sustained contraction in revenue. The company’s EBIT to interest coverage ratio averages 0.67, signalling challenges in meeting interest expenses from operating earnings. The December 2025 quarter saw a PBT excluding other income of Rs.0.59 crore, one of the lowest quarterly results in recent times. Return on Capital Employed (ROCE) is modest at 5.1%, while the valuation multiple of 0.7 Enterprise Value to Capital Employed suggests a relatively high price for the capital base employed.

Despite these challenges, the stock has generated a 59.6% increase in profits over the past year, a positive development amid broader declines. However, this improvement has not translated into share price gains, as the stock continues to trade near its 52-week low.

Technical and Trend Analysis

The stock’s position below all major moving averages indicates a bearish technical setup. The recent three-day decline followed by a modest gain today suggests some short-term price support, but the overall trend remains downward. The gap between the current price and the 52-week high of Rs.12.88 highlights the significant correction the stock has undergone.

Conclusion

Super Spinning Mills Ltd’s fall to a 52-week low of Rs.6.35 reflects a combination of weak long-term sales growth, limited profitability, and valuation concerns. The company’s financial metrics, including poor debt servicing ability and negative returns on equity, have contributed to a Strong Sell rating and a subdued market performance relative to benchmarks. While the stock has shown some profit growth in the past year, it remains discounted compared to peers and continues to face challenges in regaining investor confidence.

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