Adinath Textiles

Which are the latest news on Adinath Textiles?

Why is Adinath Textiles Ltd falling/rising?

As of 05-Sep, Adinath Textiles Ltd's stock price is at 22.96, reflecting a 9.54% gain over the past week and a 6.30% increase year-to-date, despite a decline in investor participation. The stock is on a bullish trend, trading above all key moving averages.

As of 05-Sep, Adinath Textiles Ltd's stock price is rising, currently at 22.96, with a slight increase of 0.01 (0.04%). The stock has shown a strong performance over the past week, gaining 9.54%, while the benchmark Sensex has decreased by 0.97%. Over the last month, the stock has risen by 8.10%, contrasting with a 2.44% decline in the Sensex. Year-to-date, Adinath Textiles has increased by 6.30%, while the Sensex has fallen by 10.21%. <BR><BR>Additionally, the stock has been on a positive trend, gaining for the last four consecutive days and achieving a total return of 12% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 40.43% compared to the 5-day average. Despite this drop in participation, the overall upward movement in stock price is supported by its recent performance and relative strength against the benchmark.

Who are in the management team of Adinath Textiles?

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).

The management team of Adinath Textiles includes the following individuals:<BR><BR>1. **Rajneesh Oswal** - Chairman & Managing Director<BR>2. **Vishal Oswal** - Vice Chairman & Managing Director<BR>3. **Priya Begana** - Independent 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>If you need more information about any specific member or their roles, feel free to ask!

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. Incorporated in 1979, it reported a net profit of 0 Cr for June 2026, with a market cap of INR 14 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 company has not reported any status changes. The latest quarterly results indicate a net profit of 0 Cr for the period ending June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 14 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: -0.05<BR>Return on Equity: -0.33%<BR>Price to Book: 4.72<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

Who are the peers of the Adinath Textiles?

Adinath Textiles' peers include Davin Sons Reta, S & T Corporatio, Heads UP Venture, and others, with varying management risks and growth rates. Adinath Textiles leads in 1-year returns at 4.59%, while Titaanium Ten has the lowest at -77.91%.

Peers: The peers of Adinath Textiles are Davin Sons Reta, S & T Corporatio, Heads UP Venture, Asia Pack, Prag Bosimi Syn., Rajkamal Synth., Seasons Textiles, Titaanium Ten, Sanblue Corp., and Neelam Linens.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sanblue Corp., while Average management risk is found at Heads UP Venture and Titaanium Ten, and the rest have Below Average management risk. Growth is Below Average for S & T Corporatio, Heads UP Venture, Rajkamal Synth., Seasons Textiles, Titaanium Ten, and Sanblue Corp., while the rest have either Below Average or do not qualify. Good capital structure is noted at Rajkamal Synth. and Sanblue Corp., while Average capital structure is found at Davin Sons Reta and Titaanium Ten, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Adinath Textiles at 4.59%, while Titaanium Ten has the lowest at -77.91%. Adinath Textiles' return is significantly higher than that of Titaanium Ten. Additionally, the six-month return is negative for Davin Sons Reta, Rajkamal Synth., Titaanium Ten, and Sanblue Corp.

How big is Adinath Textiles?

As of 31st August, Adinath Textiles Ltd has a market capitalization of 14.00 Cr, with recent net sales of 0.00 Cr and a net profit loss of 0.01 Cr. Shareholder's funds are 2.98 Cr, and total assets are valued at 4.18 Cr as of March 2025.

As of 31st August, Adinath Textiles Ltd has a market capitalization of 14.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Adinath Textiles reported Net Sales of 0.00 Cr and a Net Profit loss of 0.01 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 2.98 Cr and Total Assets valued at 4.18 Cr.

When is the next results date for Adinath Textiles Ltd?

The next results date for Adinath Textiles Ltd is 13 August 2026.

The next results date for Adinath Textiles Ltd is scheduled for 13 August 2026.

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.

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 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.

Has Adinath Textiles declared dividend?

No Dividend History Available