Angel Fibers

Has Angel Fibers declared dividend?

No Dividend History Available

How has been the historical performance of the Angel Fibers?

Angel Fibers' historical performance shows fluctuating financial metrics, with net sales rising to Rs 189.26 crore in March 2024 from Rs 120.74 crore in March 2023, but lower than Rs 247.71 crore in March 2022. Despite a positive profit after tax of Rs 0.05 crore in March 2024, earnings per share remained low at Rs 0.02, and cash flow from operating activities declined to Rs 11.00 crore.

Answer:<BR>The historical performance of Angel Fibers shows significant fluctuations in key financial metrics over the years. In terms of net sales, the company reported Rs 189.26 crore in March 2024, a notable increase from Rs 120.74 crore in March 2023, but a decline from Rs 247.71 crore in March 2022. Total operating income followed a similar trend, reaching Rs 189.26 crore in March 2024 compared to Rs 120.74 crore in the previous year. The raw material cost surged to Rs 145.43 crore in March 2024 from Rs 95.81 crore in March 2023, contributing to total expenditure of Rs 182.32 crore in March 2024, up from Rs 116.34 crore in March 2023. Operating profit (PBDIT) improved to Rs 6.94 crore in March 2024 from Rs 4.40 crore in March 2023, although it was significantly lower than Rs 20.53 crore in March 2022. The profit before tax showed a slight improvement, moving from a loss of Rs 4.63 crore in March 2023 to a loss of Rs 0.26 crore in March 2024. The profit after tax also turned positive at Rs 0.05 crore in March 2024, recovering from a loss of Rs 5.04 crore in March 2023. However, earnings per share remained low at Rs 0.02 in March 2024, compared to a loss of Rs 2.02 in the previous year. The company's total assets decreased to Rs 87.62 crore in March 2024 from Rs 91.62 crore in March 2023, while total liabilities also fell to Rs 87.62 crore from Rs 91.62 crore. Cash flow from operating activities was Rs 11.00 crore in March 2024, down from Rs 17.00 crore in March 2023, indicating a decline in operational efficiency.<BR><BR>Breakdown:<BR>Angel Fibers experienced a mixed financial performance over the years. Net sales increased significantly to Rs 189.26 crore in March 2024 from Rs 120.74 crore in March 2023, although it was lower than the Rs 247.71 crore recorded in March 2022. The rise in raw material costs to Rs 145.43 crore in March 2024 contributed to a total expenditure of Rs 182.32 crore, which was higher than the previous year's Rs 116.34 crore. Operating profit showed a modest improvement to Rs 6.94 crore in March 2024, while profit before tax improved slightly but remained negative at Rs -0.26 crore. The profit after tax turned positive at Rs 0.05 crore, a recovery from the previous year's loss. Despite these changes, earnings per share remained low at Rs 0.02. On the balance sheet, total assets decreased to Rs 87.62 crore, reflecting a decline in the company's financial position, while total liabilities also decreased. Cash flow from operating activities decreased to Rs 11.00 crore, indicating challenges in maintaining operational cash flow.

Who are the peers of the Angel Fibers?

Angel Fibers' peers include Mohite Industrie, Sparkle GoldRock, Mohit Industries, 7NR Retail Ltd, Akshar Spintex, K G Denim, Katare Spinning, Suryaamba Spinni, and Jet Knitwears. Most peers show below-average management risk and growth, with Sparkle GoldRock having the highest 1-year return at 718.29%, while Akshar Spintex has the lowest at -65.26%.

Peers: The peers of Angel Fibers are Mohite Industrie, Sparkle GoldRock, Mohit Industries, 7NR Retail Ltd, Akshar Spintex, K G Denim, Katare Spinning, Suryaamba Spinni, and Jet Knitwears.<BR><BR>Quality Snapshot: Below Average management risk is observed at Mohite Industrie, Mohit Industries, 7NR Retail Ltd, Katare Spinning, and Jet Knitwears, while Average management risk is found at Sparkle GoldRock, Akshar Spintex, K G Denim, and Suryaamba Spinni. All peers exhibit Below Average growth, with the exception of Sparkle GoldRock, which has Average growth, and Suryaamba Spinni, which has Average capital structure; the rest have Below Average capital structure.<BR><BR>Return Snapshot: Sparkle GoldRock has the highest 1-year return at 718.29%, while Akshar Spintex has the lowest at -65.26%. Angel Fibers' 1-year return of -31.81% is better than Akshar Spintex but worse than Sparkle GoldRock. Additionally, Mohite Industrie, Akshar Spintex, K G Denim, Katare Spinning, Suryaamba Spinni, and Jet Knitwears all have negative six-month returns.

Who are in the management team of Angel Fibers?

As of March 2020, the management team of Angel Fibers includes Reena Kanabar (Company Secretary), Rameshbhai J Ranipa (Chairman & Wholetime Director), Jitendra Gopalbhai Raiyani (Additional Director), Pankaj B Bhimani (Whole-time Director), Rohankumar J Raiyani (Managing Director), and independent directors Jyoti J Kataria and Hiteshkumar C Chaniyara. Each member contributes to the company's governance and management.

As of March 2020, the management team of Angel Fibers includes the following individuals:<BR><BR>1. Reena Kanabar - Company Secretary<BR>2. Rameshbhai J Ranipa - Chairman & Wholetime Director<BR>3. Jitendra Gopalbhai Raiyani - Additional Director<BR>4. Pankaj B Bhimani - Whole-time Director<BR>5. Rohankumar J Raiyani - Managing Director<BR>6. Jyoti J Kataria - Additional Independent Director<BR>7. Hiteshkumar C Chaniyara - Additional Independent Director<BR><BR>Each member plays a distinct role in the governance and management of the company.

What does Angel Fibers do?

Angel Fibers Ltd is a Micro Cap company in the Garments & Apparels industry, incorporated in 2014 and converted to a Public Limited Company in 2017, with recent net sales of 1,363 Cr and a net profit of 35 Cr as of March 2022. Key financial metrics include a P/E of 24.00 and a market cap of INR 41 Cr.

Overview: <BR>Angel Fibers Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Angel Fibers Ltd was originally incorporated as a Private Limited Company on February 14, 2014, and later converted to a Public Limited Company on December 11, 2017. The latest quarterly results reported net sales and net profit for the period ending March 2022.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,363 Cr (Quarterly Results - Mar 2022) <BR>Most recent Net Profit: 35 Cr (Quarterly Results - Mar 2022) <BR>Market-cap value: INR 41 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 24.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.81 <BR>Return on Equity: 7.04% <BR>Price to Book: 1.55 <BR><BR>Contact Details: <BR>Address: Shivalik-2 Shop No 6, Nr Pushkardham Temple Univ.Rod Rajkot Gujarat : 360005 <BR>Email: cs@angelfibers.com <BR>Website: http://www.angelfibers.com

Who are the top shareholders of the Angel Fibers?

The top shareholders of Angel Fibers include Rameshkumar Jivrajbhai Ranipa, who holds 59.13%, followed by individual investors with 20.41%, and Kunjan Mahendra Shah as the highest public shareholder at 1.5%. Additionally, three foreign institutional investors own a combined 0.72%.

The top shareholders of Angel Fibers include the promoters, who hold the majority of the shares. The promoter with the highest holding is Rameshkumar Jivrajbhai Ranipa, who owns 59.13% of the company. Additionally, there are three foreign institutional investors (FIIs) holding a combined 0.72% of the shares. The highest public shareholder is Kunjan Mahendra Shah, with a holding of 1.5%. Individual investors collectively hold 20.41% of the company.

How big is Angel Fibers?

As of 24th July, Angel Fibers Ltd has a market capitalization of 49.00 Cr, with recent net sales of 345.49 Cr and a net profit of 20.11 Cr. Shareholder's funds are 26.12 Cr, and total assets amount to 87.62 Cr.

As of 24th July, Angel Fibers Ltd has a market capitalization of 49.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Angel Fibers reported Net Sales of 345.49 Cr and a Net Profit of 20.11 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 26.12 Cr and Total Assets of 87.62 Cr.

Is Angel Fibers overvalued or undervalued?

As of October 10, 2025, Angel Fibers is considered very expensive and overvalued with a PE ratio of 25.92, an EV to EBITDA of 11.70, and a ROE of 6.58%, especially when compared to peers and its recent underperformance against the Sensex.

As of 10 October 2025, the valuation grade for Angel Fibers has moved from risky to very expensive. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of 25.92, an EV to EBITDA of 11.70, and a ROE of 6.58%. <BR><BR>In comparison with peers, Angel Fibers' PE ratio is significantly lower than K P R Mill Ltd, which stands at 41.5, and higher than Vardhman Textile, which has a PE of 13.63. The valuation metrics suggest that while Angel Fibers is categorized as very expensive, its financial performance does not justify this valuation, especially when considering its recent stock performance, which has underperformed the Sensex across multiple time frames.

When is the next results date for Angel Fibers Ltd?

The next results date for Angel Fibers Ltd is 30 May 2026.

The next results date for Angel Fibers Ltd is scheduled for 30 May 2026.

Which are the latest news on Angel Fibers?

Why is Angel Fibers Ltd falling/rising?

As of 03-Jun, the stock price of Angel Fibers Ltd is stable at 12.00, with recent short-term gains of 4.99% over the past week and 21.21% over the last month. However, longer-term performance shows significant declines, including an 18.53% drop year-to-date and a 30.19% decrease over the past year, leading to a cautious outlook among investors.

As of 03-Jun, the stock price of Angel Fibers Ltd is currently at 12.00, showing no change from the previous trading session. Despite this stability in the current price, the stock has experienced significant fluctuations in its performance over various periods. Over the past week, the stock has risen by 4.99%, outperforming the Sensex, which has declined by 2.01%. In the last month, it has increased by 21.21%, while the Sensex has fallen by 3.34%. <BR><BR>However, the year-to-date performance shows a decline of 18.53%, which is worse than the Sensex's drop of 12.76%. Over the past year, the stock has decreased by 30.19%, compared to the Sensex's decline of 7.92%. The three-year performance is particularly concerning, with a drop of 59.27% against the Sensex's gain of 18.86%. <BR><BR>Today's trading performance indicates that the stock has outperformed its sector by 3.86%. However, there are signs of erratic trading, as the stock did not trade on 5 out of the last 20 days. Additionally, there is a notable decline in investor participation, with delivery volume falling by 37.5% compared to the 5-day average. While the stock is currently liquid enough for trading, it is trading higher than its 5-day and 20-day moving averages but lower than its longer-term moving averages (50-day, 100-day, and 200-day).<BR><BR>In summary, the stock's recent rise can be attributed to short-term gains over the past week and month, but the longer-term trends show significant declines, which may be contributing to a cautious outlook among investors.