Ashnoor Textile

Why is Ashnoor Textile Mills Ltd falling/rising?

As of 17-Jul, Ashnoor Textile Mills Ltd's stock price is at 37.26, reflecting a 1.92% decrease and a bearish trend, underperforming its sector and the benchmark Sensex. Investor participation has declined significantly, with the stock down 16.48% year-to-date compared to the Sensex's 8.30% decline.

As of 17-Jul, Ashnoor Textile Mills Ltd's stock price is falling, currently at 37.26, which reflects a decrease of 0.73 or 1.92%. The stock has underperformed its sector by 1.61% today and has experienced a trend reversal, having fallen after two consecutive days of gains. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>Investor participation has also declined, with delivery volume on 16 July dropping by 73.71% compared to the 5-day average, suggesting reduced interest in the stock. Over the past week, the stock has decreased by 2.02%, while the benchmark Sensex has risen by 0.75%. This trend is consistent with the stock's performance over the past month, where it has fallen by 9.67% compared to a 1.29% increase in the Sensex. Year-to-date, Ashnoor Textile Mills Ltd is down 16.48%, significantly underperforming the Sensex, which is down only 8.30%. Overall, these factors contribute to the stock's current decline.

Which are the latest news on Ashnoor Textile?

How big is Ashnoor Textile?

As of 10th June, Ashnoor Textile Mills Ltd has a market capitalization of 61.00 Cr, with recent net sales of 113.61 Cr and net profit of 8.47 Cr over the last four quarters. Shareholder's funds are reported at 86.39 Cr, and total assets at 166.95 Cr as of March 2025.

As of 10th June, Ashnoor Textile Mills Ltd has a market capitalization of 61.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In terms of recent quarterly performance, the sum of Net Sales for the latest four quarters is 113.61 Cr, while the sum of Net Profit for the same period is 8.47 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds reported at 86.39 Cr and Total Assets at 166.95 Cr.

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 strategic direction and governance.

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 the strategic direction and governance of the company.

Who are the peers of the Ashnoor Textile?

Ashnoor Textile's peers include E-Land Apparel, Shine Fashions, and Lakhotia Poly, among others. Management risk is average for Ashnoor, with a 1-year return of -30.60%, better than Shine Fashions but worse than Lakhotia Poly's 58.57%.

Peers: The peers of Ashnoor Textile are E-Land Apparel, Shine Fashions, Sky Industries, Lakhotia Poly., Dhanalaxmi Roto, Tuni Text. Mills, Shiva Mills, Shubham Polyspin, and Nandani Creation.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shine Fashions and Dhanalaxmi Roto, while Average management risk is found at Ashnoor Textile, Sky Industries, Tuni Text. Mills, and Shiva Mills. Below Average management risk is noted at Lakhotia Poly., Shubham Polyspin, and the rest. Growth is Excellent at Shine Fashions, Good at Tuni Text. Mills and Nandani Creation, Average at Ashnoor Textile, Sky Industries, and Shiva Mills, and Below Average at E-Land Apparel, Lakhotia Poly., Dhanalaxmi Roto, Shubham Polyspin. Capital Structure is Excellent at Dhanalaxmi Roto, Good at Shine Fashions and Shiva Mills, Average at Ashnoor Textile, Sky Industries, and Tuni Text. Mills, and Below Average at E-Land Apparel, Lakhotia Poly., Shubham Polyspin.<BR><BR>Return Snapshot: Lakhotia Poly. has the highest 1-year return at 58.57%, while Shine Fashions has the lowest at -58.55%. Ashnoor Textile's 1-year return is -30.60%, which is better than Shine Fashions but worse than Lakhotia Poly. Additionally, Dhanalaxmi Roto, Ashnoor Textile, Tuni Text. Mills, and Shubham Polyspin have negative six-month returns.

What does Ashnoor Textile do?

Ashnoor Textile Mills Ltd manufactures and exports Terry Towels and is classified as a Micro Cap company. As of March 2026, it reported net sales of 26 Cr and a net profit of 1 Cr, with a market cap of INR 61 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 net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 26 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 61 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.09 <BR>Return on Equity: 9.12% <BR>Price to Book: 0.67 <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

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

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.

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

The next results date for Ashnoor Textile Mills Ltd is 11 February 2026.

The next results date for Ashnoor Textile Mills Ltd is scheduled for 11 February 2026.

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