Ashnoor Textile

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.

What does Ashnoor Textile do?

Ashnoor Textile Mills Ltd manufactures and exports Terry Towels in the Garments & Apparels industry. As of March 2025, it reported net sales of ₹41 Cr and a net profit of ₹2 Cr, with a market cap of ₹82 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 the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 41 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 82 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 5.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.36<BR>- Return on Equity: 19.61%<BR>- Price to Book: 1.05<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 in the management team of Ashnoor Textile?

As of March 2023, the management team of Ashnoor Textile includes Suneel Kumar Gupta (Managing Director), Sangeeta Gupta and Abhinav Gupta (Whole-time Directors), along with several independent and non-executive directors, and a Company Secretary.

As of March 2023, 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>These individuals play key roles in the governance and management of the company.

Has Ashnoor Textile declared dividend?

No Dividend History Available

Who are the peers of the Ashnoor Textile?

Ashnoor Textile's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shekhawati Inds, APM Industries, Celebrity Fash., Acknit Indus, and Riba Textiles. Management risk varies from excellent at Page Industries and K P R Mill Ltd to below average at Celebrity Fash. and Riba Textiles, with Ashnoor Textile showing average risk and a 1-year return of 22.13%.

Peers: The peers of Ashnoor Textile are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shekhawati Inds, APM Industries, Celebrity Fash., Acknit Indus, and Riba Textiles.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is present in Trident, Ashnoor Textile, Shekhawati Inds, APM Industries, and Acknit Indus, and the rest. Below Average management risk is noted for Celebrity Fash. and Riba Textiles. Growth is Excellent at K P R Mill Ltd and Excellent at Page Industries, while Good growth is seen at Trent. Below Average growth is found at Vedant Fashions, Trident, Ashnoor Textile, Shekhawati Inds, APM Industries, Celebrity Fash., Acknit Indus, and Riba Textiles. Capital Structure is Excellent at Page Industries and K P R Mill Ltd, while Below Average is noted for Ashnoor Textile, Shekhawati Inds, Celebrity Fash., Acknit Indus, and Riba Textiles, with Good capital structure at APM Industries and Trident.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shekhawati Inds at 514.87%, while the lowest is Vedant Fashions at -24.65%. Ashnoor Textile's 1-year return is 22.13%, which is significantly lower than Shekhawati Inds but higher than Vedant Fashions. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, APM Industries, and Riba Textiles.

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.

How big is Ashnoor Textile?

As of 24th July, Ashnoor Textile Mills Ltd has a market capitalization of 84.00 Cr, with recent net sales of 178.48 Cr and a net profit of 15.96 Cr. The latest balance sheet shows shareholder's funds of 64.06 Cr and total assets of 156.24 Cr.

As of 24th July, Ashnoor Textile Mills Ltd has a market capitalization of 84.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashnoor Textile reported Net Sales of 178.48 Cr and a Net Profit of 15.96 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 64.06 Cr and Total Assets of 156.24 Cr.

Are Ashnoor Textile latest results good or bad?

The latest results for Ashnoor Textile Mills are unfavorable, with a 10.7% decline in net sales and a 'Strong Sell' rating from MarketsMOJO, despite a significant increase in net profit driven by non-operating income. The company faces ongoing operational challenges that need to be addressed.

The latest results for Ashnoor Textile Mills indicate a challenging financial performance. For the quarter ending June 2025, the company reported net sales of Rs 39.84 crore, which is the lowest in the last five quarters and reflects a decline of 10.7% compared to the previous average of Rs 44.62 crore. This downward trend in sales suggests ongoing difficulties for the company.<BR><BR>Although there was a significant increase in standalone net profit, which grew by 205.26% compared to the previous quarter, this was largely influenced by a high reliance on non-operating income, which constituted 36.08% of the profit before tax. This reliance raises concerns about the sustainability of the company's core business operations.<BR><BR>Additionally, the stock has been rated as a 'Strong Sell' by MarketsMOJO, indicating a cautious outlook on the company's financial health. Overall, the results can be characterized as unfavorable, highlighting the need for Ashnoor Textile to address its operational challenges moving forward.

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.

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.

Should I buy, sell or hold Ashnoor Textile?

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.

Which are the latest news on Ashnoor Textile?

Why is Ashnoor Textile Mills Ltd falling/rising?

As of 08-Feb, Ashnoor Textile Mills Ltd's stock price is declining due to significant drops in performance, with a -23.67% return over the past year and substantial declines in net sales and profit after tax. This weakening financial position and reduced investor confidence, highlighted by a -93.45% drop in delivery volume, contribute to the negative sentiment surrounding the stock.

As of 08-Feb, Ashnoor Textile Mills Ltd's stock price is falling, currently at 45.80, reflecting a change of -0.51 (-1.1%). The decline in stock price can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has experienced a significant drop in performance over the past year, generating a return of -23.67%, which is considerably worse than the BSE500 index. Additionally, the company's net sales and profit after tax have also seen substantial declines, with net sales falling by -30.1% and profit after tax decreasing by -54.6% compared to the previous four-quarter average. This indicates a weakening financial position and reduced investor confidence.<BR><BR>Moreover, there has been a notable decrease in investor participation, with delivery volume dropping by -93.45% against the five-day average, suggesting that fewer investors are willing to buy the stock. Although the stock is trading at a discount compared to its peers and has a relatively attractive valuation with a Price to Book Value of 0.8, the overall weak long-term fundamentals, including an 8.84% compound annual growth rate in net sales over the last five years, contribute to the negative sentiment surrounding the stock.<BR><BR>In summary, the combination of poor financial performance, declining investor interest, and underperformance relative to benchmarks are key reasons for the falling stock price of Ashnoor Textile Mills Ltd.