Ashnoor Textile

Why is Ashnoor Textile Mills Ltd falling/rising?

As of 01-Sep, Ashnoor Textile Mills Ltd's stock price is stable at Rs 47.00, with a recent positive trend showing a 6% gain over the last two days. Despite concerns about declining investor participation and long-term growth challenges, the stock has outperformed the benchmark Sensex in various timeframes.

As of 01-Sep, Ashnoor Textile Mills Ltd's stock price is currently stable at Rs 47.00, showing no change (0.00%). However, the stock has demonstrated a positive trend recently, having gained 6% over the last two days and outperforming its sector by 2.5% today. The stock opened with a gain of 4.04% and reached an intraday high of Rs 48.9, indicating strong initial investor interest.<BR><BR>In terms of performance over various periods, the stock has shown resilience with a 13.61% increase over the past month, while the benchmark Sensex has declined by 1.47%. Year-to-date, Ashnoor Textile Mills has increased by 5.36%, contrasting with a 9.71% drop in the Sensex. Over the past year, the stock has generated an 8.07% return, outperforming the Sensex's decline of 4.26%. Additionally, the stock has significantly outperformed the benchmark over the last three years, with a return of 38.15% compared to the Sensex's 17.67%.<BR><BR>Despite these positive indicators, there are concerns regarding falling investor participation, as evidenced by a 61.3% drop in delivery volume on August 31 compared to the five-day average. Furthermore, the company has faced challenges in long-term fundamental strength, with a -6.43% compound annual growth rate (CAGR) in net sales over the last five years. This could contribute to a cautious outlook among investors.<BR><BR>Overall, while Ashnoor Textile Mills Ltd is currently stable in price, recent performance trends and positive quarterly results suggest a rising sentiment among investors, despite some underlying concerns regarding long-term growth.

Who are in the management team of Ashnoor Textile?

The management team of Ashnoor Textile includes Suneel Kumar Gupta (Managing Director), Sangeeta Gupta and Abhinav Gupta (Whole-time Directors), along with several Non-Executive and Independent Directors, and a Company Secretary. They oversee the company's operations and strategic direction.

The management team of Ashnoor Textile includes the following individuals:<BR><BR>1. **Suneel Kumar Gupta** - Managing Director<BR>2. **Sangeeta Gupta** - Whole-time Director<BR>3. **Abhinav Gupta** - Whole-time Director<BR>4. **Anil Aggarwal** - Non-Executive & Independent Director<BR>5. **Sanjay Arora** - Non-Executive & Independent Director<BR>6. **Noor Gupta** - Non-Executive & Non-Independent Director<BR>7. **Divya Agarwal** - Non-Executive & Independent Director<BR>8. **Yashima Saluja** - Company Secretary & Compliance Officer<BR>9. **Naresh Kumar Aggarwal** - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Ashnoor Textile do?

Ashnoor Textile Mills Ltd manufactures and exports Terry Towels and is classified as a Micro Cap company. As of June 2026, it reported net sales of 34 Cr and a net profit of 10 Cr.

Overview: <BR>Ashnoor Textile Mills Ltd is engaged in the manufacture and export of Terry Towels, operating within the Garments & Apparels industry and classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in January 1984, Ashnoor Textile Mills Ltd was formerly known as Gupta Carpets Udyog Ltd. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 34 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 10 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 72 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 5.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.09 <BR>Return on Equity: 14.79% <BR>Price to Book: 0.78 <BR><BR>Contact Details: <BR>Address: Behrampur Road, Khandsa Village Gurgaon Haryana : 122001 <BR>Tel: 91-124-2215828-829/6215828-829 <BR>Email: atml_delhi@yahoo.com <BR>Website: http://www.ashnoortex.com

Who are the peers of the Ashnoor Textile?

Ashnoor Textile's peers include Sky Industries, Fiberweb (India), Shalimar Wires, Betex India, Nagreeka Exports, Shine Fashions, Jakharia Fabric, and Signoria Creatio. Management risks vary, with Shine Fashions and Signoria Creatio rated excellent, while Ashnoor Textile is average; Betex India leads in 1-year returns at 21.54%, while Ashnoor Textile's return is 8.82%.

Peers: The peers of Ashnoor Textile are Sky Industries, Fiberweb (India), Shalimar Wires, Betex India, Nagreeka Exports, Shine Fashions, Jakharia Fabric, and Signoria Creatio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shine Fashions and Signoria Creatio, while Average management risk is found at Sky Industries, Nagreeka Exports, and Ashnoor Textile. Below Average management risk is present at Fiberweb (India), Shalimar Wires, Betex India, and Jakharia Fabric. For growth, Excellent growth is seen at Shine Fashions, while Good growth is noted at Sky Industries and Shalimar Wires, and the rest have Below Average growth. In terms of Capital Structure, Excellent is observed at Fiberweb (India), Good at Sky Industries, Betex India, and Shine Fashions, while Average is found at Ashnoor Textile and Signoria Creatio, and Below Average at Shalimar Wires, Nagreeka Exports, and Jakharia Fabric.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Betex India at 21.54%, while Fiberweb (India) has the lowest at -39.39%. Ashnoor Textile's 1-year return is 8.82%, which is significantly higher than Fiberweb (India) but lower than Betex India. Additionally, peers with negative six-month returns include Fiberweb (India), Nagreeka Exports, and Shine Fashions.

How big is Ashnoor Textile?

As of 31st August, Ashnoor Textile Mills Ltd has a market capitalization of 72.00 Cr, with net sales of 107.95 Cr and a net profit of 13.74 Cr reported in the latest four quarters. The balance sheet for March 2025 shows shareholder's funds of 86.39 Cr and total assets of 166.95 Cr.

As of 31st August, Ashnoor Textile Mills Ltd has a market capitalization of 72.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashnoor Textile reported net sales of 107.95 Cr and a net profit of 13.74 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds of 86.39 Cr and total assets of 166.95 Cr.

Which are the latest news on Ashnoor Textile?

Should I buy, sell or hold Ashnoor Textile Mills Ltd?

When is the next results date for Ashnoor Textile Mills Ltd?

The next results date for Ashnoor Textile Mills Ltd is 12 August 2026.

The next results date for Ashnoor Textile Mills Ltd is scheduled for 12 August 2026.

Are Ashnoor Textile Mills Ltd latest results good or bad?

Ashnoor Textile Mills Ltd's latest results show a significant quarterly improvement with a 167.27% increase in net profit and a 38.92% rise in net sales. However, year-on-year comparisons reveal a 37.38% decline in sales and a 3.29% drop in profit, indicating ongoing challenges in the textile export sector, leading to an overall unfavorable assessment.

Ashnoor Textile Mills Ltd's latest results present a mixed picture. On one hand, the company has shown significant improvement in its quarterly performance compared to the previous quarter, with net profit increasing by 167.27% and net sales rising by 38.92%. This indicates some operational resilience and effective cost control measures, particularly in a challenging market environment.<BR><BR>However, when looking at the year-on-year performance, the situation is less favorable. Net sales have declined by 37.38% compared to the same quarter last year, and net profit is down by 3.29%. This reflects ongoing demand challenges, particularly in the textile export sector, which has been adversely affected by broader economic conditions.<BR><BR>The operating margin has improved significantly to 21.65%, which is a positive sign of operational efficiency. Yet, the overall revenue contraction and the negative trend in profitability over the past year raise concerns about the company's long-term viability.<BR><BR>In summary, while there are some positive indicators in the latest results, the substantial year-on-year declines in sales and profit suggest that the company is still facing significant challenges. Therefore, the overall assessment of the latest results leans towards being unfavorable, given the broader context of declining revenues and ongoing operational difficulties.

How has been the historical performance of Ashnoor Textile?

Ashnoor Textile's historical performance shows fluctuating sales, peaking at 261.86 Cr in Mar'22 and declining to 178.48 Cr in Mar'25, while profitability improved significantly, with profit after tax rising from 3.23 Cr in Mar'20 to 15.96 Cr in Mar'25. Despite sales volatility, the company demonstrated growth in operational efficiency and overall profitability.

Answer:<BR>The historical performance of Ashnoor Textile shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Ashnoor Textile's net sales have varied significantly, with a peak of 261.86 Cr in Mar'22, followed by a decline to 178.48 Cr in Mar'25. The total operating income mirrored this trend, reaching 261.86 Cr in Mar'22 and dropping to 178.48 Cr in Mar'25. Raw material costs also fluctuated, peaking at 186.24 Cr in Mar'22 before decreasing to 144.19 Cr in Mar'25. Operating profit (PBDIT) increased from 11.85 Cr in Mar'21 to 29.58 Cr in Mar'25, indicating improved operational efficiency. Profit before tax rose significantly from 4.07 Cr in Mar'20 to 20.50 Cr in Mar'25, while profit after tax followed suit, climbing from 3.23 Cr in Mar'20 to 15.96 Cr in Mar'25. The company's earnings per share (EPS) also improved, reaching 10.02 in Mar'25 compared to 2.54 in Mar'20. On the balance sheet, total assets increased from 116.93 Cr in Mar'20 to 166.95 Cr in Mar'25, while total liabilities rose from 116.93 Cr to 166.95 Cr in the same period. Cash flow from operating activities showed a positive trend, increasing from 3.00 Cr in Mar'20 to 12.00 Cr in Mar'25, although net cash outflow was recorded at -2.00 Cr in Mar'25. Overall, Ashnoor Textile has demonstrated growth in profitability and operational performance despite fluctuations in sales and costs.

Is Ashnoor Textile overvalued or undervalued?

As of October 14, 2025, Ashnoor Textile is considered very attractive and undervalued with a low PE ratio of 4.62, making it a compelling investment opportunity despite a year-to-date return of -34.92%, especially when compared to peers like K P R Mill Ltd and Trident.

As of 14 October 2025, the valuation grade for Ashnoor Textile has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, supported by a low PE ratio of 4.62, an EV to EBITDA ratio of 4.11, and a PEG ratio of 0.07, all of which suggest that the stock is trading at a discount relative to its earnings growth potential.<BR><BR>In comparison to its peers, Ashnoor Textile stands out with its very attractive valuation, especially when contrasted with K P R Mill Ltd, which has a PE ratio of 42.08 and is deemed very expensive, and Trident, which is rated fair with a PE ratio of 32.54. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -34.92% compared to the Sensex's 4.98%, the fundamental metrics indicate that Ashnoor Textile presents a compelling investment opportunity at its current price of 46.22.

What is the technical trend for Ashnoor Textile?

As of June 6, 2025, Ashnoor Textile's technical trend is mildly bearish, influenced by daily moving averages and a bearish monthly MACD, despite some bullish signals on the weekly MACD and KST.

As of 6 June 2025, the technical trend for Ashnoor Textile has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD shows a mildly bullish signal, contrasting with the monthly MACD which is mildly bearish. The Bollinger Bands reflect a sideways trend on the weekly chart but are bullish on the monthly. The KST is mildly bullish weekly but mildly bearish monthly, and there is no clear trend indicated by Dow Theory on both the weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Who are the top shareholders of the Ashnoor Textile?

The top shareholders of Ashnoor Textile include Suneel Gupta, the largest individual shareholder with 32.57%, and Mahendra Girdharilal, the highest public shareholder at 2.24%. Individual investors collectively own 25.18%, with no pledged promoter holdings or mutual fund investments in the company.

The top shareholders of Ashnoor Textile include the promoters, with Suneel Gupta being the largest individual shareholder, holding 32.57%. There are no pledged promoter holdings, and the company does not have any mutual fund schemes invested in it. Additionally, there is one Foreign Institutional Investor (FII) holding a negligible percentage (0.0%). The highest public shareholder is Mahendra Girdharilal, who holds 2.24%. Individual investors collectively own 25.18% of the company.

Has Ashnoor Textile declared dividend?

No Dividend History Available