Betex India

how big is Betex India?

As of Jun 06, Betex India Ltd has a market capitalization of 62.00 Cr, classifying it as a Micro Cap company, with recent net sales of 96.38 Cr and a net profit of 1.95 Cr. The latest balance sheet shows shareholder's funds of 32.15 Cr and total assets of 52.39 Cr.

Market Cap: As of Jun 06, Betex India Ltd has a market capitalization of 62.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, Betex India Ltd reported Net Sales of 96.38 Cr and a Net Profit of 1.95 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The Standalone balance sheet for the latest annual period ending Mar'24 shows Shareholder's Funds of 32.15 Cr and Total Assets of 52.39 Cr.

Who are in the management team of Betex India?

As of March 2022, the management team of Betex India includes Maheshkumar Somani (Chairman), Manish Kumar Somani, Ritesh Kumar Somani (both Executive Directors), and independent directors Deepa Dinesh Agarwal, Maheshkumar Rameshwarlal Tiwari, and Hanumansingh Karansingh Shekhawat.

As of March 2022, the management team of Betex India includes the following individuals:<BR><BR>1. Maheshkumar Somani - Chairman & Non-Executive Director<BR>2. Manish Kumar Somani - Executive Director / Whole Time Director<BR>3. Ritesh Kumar Somani - Executive Director & Whole Time Director<BR>4. Deepa Dinesh Agarwal - Independent Non-Executive Director<BR>5. Maheshkumar Rameshwarlal Tiwari - Independent Non-Executive Director<BR>6. Hanumansingh Karansingh Shekhawat - Independent Non-Executive Director<BR><BR>These members play various roles within the company's governance and management structure.

What does Betex India do?

Betex India Ltd, established in 1987 and part of the Somani Group, specializes in dyeing and printing polyester fabrics and yarn within the textile processing sector. As of March 2025, it reported net sales of ₹22 Cr and a net loss of ₹1 Cr, with a market cap of ₹62 Cr.

Overview: <BR>Betex India Ltd is engaged in the textile processing business, specifically in dyeing and printing on polyester fabrics and yarn, operating within the Garments & Apparels industry and categorized as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1987, Betex India Ltd underwent management changes when it was taken over by the Somani Group of Surat. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 22 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 62 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 32.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.20 <BR>Return on Equity: 6.07% <BR>Price to Book: 1.92 <BR><BR>Contact Details: <BR>Address: 436 GIDC Pandesara, Surat Gujarat: 394221 <BR>Tel: 91-0261-2328902/2334189 <BR>Email: corporate@betexindia.com <BR>Website: http://www.betexindia.com

Has Betex India declared dividend?

No Dividend History Available

Who are the peers of the Betex India?

Betex India's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Sky Industries, Shiva Mills, Vinny Overseas, and Wires & Fabriks. Betex India has below-average management risk and capital structure ratings, with a notable 1-year return of 79.71%, outperforming its peers.

Peers: The peers of Betex India are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Sky Industries, Shiva Mills, Vinny Overseas, Wires & Fabriks.<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 noted at Trident, Sky Industries, and Wires & Fabriks, while Below Average management risk is seen at Shiva Mills, Vinny Overseas, and Betex India. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent. Below Average growth is observed at Page Industries, Vedant Fashions, Trident, Sky Industries, Shiva Mills, Vinny Overseas, Wires & Fabriks, and Betex India. Capital Structure ratings show Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good is found at Trident and Shiva Mills, Average at Sky Industries and Betex India, and Below Average at Wires & Fabriks and Kamadgiri Fash.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.29%, while Vinny Overseas has the lowest at -53.45%. Betex India’s 1-year return of 79.71% is significantly higher than all peers. Additionally, Vedant Fashions, Sky Industries, Shiva Mills, and Vinny Overseas have negative six-month returns.

Is Betex India overvalued or undervalued?

As of May 27, 2025, Betex India is considered very expensive and overvalued with a high PE ratio of 33.52, despite impressive long-term returns, especially when compared to peers like K P R Mill Ltd and Trident.

As of 27 May 2025, Betex India has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, as indicated by its high PE ratio of 33.52, EV to EBIT of 21.88, and a PEG ratio of 0.00, which suggests that the stock may not be justifying its price based on growth expectations. <BR><BR>In comparison with peers, K P R Mill Ltd has a significantly higher PE ratio of 47.51, while Trident is valued more reasonably with a PE of 42.6. Betex's return performance has been impressive over the long term, with a 1-year return of 86.73% compared to the Sensex's 7.61%, but this does not mitigate the current overvaluation reflected in its ratios.

What is the technical trend for Betex India?

As of June 3, 2025, Betex India shows a mildly bullish trend driven by daily moving averages and monthly MACD, despite mixed signals from weekly indicators.

As of 3 June 2025, the technical trend for Betex India has changed from sideways to mildly bullish. The daily moving averages indicate a bullish stance, while the weekly MACD and KST show a mildly bearish outlook. The monthly MACD is bullish, and Bollinger Bands reflect a mildly bullish trend on the monthly chart. However, the weekly Bollinger Bands are bearish, suggesting mixed signals. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the monthly MACD, despite some bearish indicators on the weekly timeframe.

Who are the top shareholders of the Betex India?

The top shareholders of Betex India are Sumeetsilk Processors Private Limited with 35.82%, followed by Shaktiveer Texfab Private Limited at 10.66%, and individual investors holding 32.44%. There are currently no mutual funds or foreign institutional investors involved.

The top shareholders of Betex India include Sumeetsilk Processors Private Limited, which holds the largest stake at 35.82%. Following that, Shaktiveer Texfab Private Limited is the highest public shareholder with a 10.66% stake. Additionally, individual investors collectively hold 32.44% of the company's shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

When is the next results date for Betex India?

Betex India will announce its results on 13 August 2025.

Betex India will declare its results on 13 August 2025.

Are Betex India latest results good or bad?

Betex India's latest results are concerning, showing a 12.3% decline in net sales to Rs 21.14 crore, the lowest in five quarters, despite a 101.33% increase in net profit. Overall, the financial performance suggests a 'Strong Sell' recommendation due to ongoing challenges in the competitive garments sector.

Betex India's latest results for the quarter ending June 2025 indicate a challenging financial performance. The company reported net sales of Rs 21.14 crore, which is a decline of 12.3% compared to the average net sales of Rs 24.10 crore over the previous four quarters. This figure represents the lowest net sales for Betex India in the last five quarters, suggesting a negative trend in sales.<BR><BR>On a more positive note, the standalone net profit showed significant improvement, with a growth of 101.33% compared to the previous quarter. However, the overall financial health appears to be under pressure, leading to a 'Strong Sell' recommendation from MarketsMOJO due to concerns about the company's performance in the competitive garments and apparel sector.<BR><BR>In summary, while there are some signs of improvement in net profit, the decline in net sales and the overall flat financial performance suggest that the latest results are more concerning than positive.

How has been the historical performance of Betex India?

Betex India has shown steady growth in net sales and operating income, increasing from 48.68 Cr to 96.38 Cr from Mar'21 to Mar'25. However, rising expenditures led to declines in operating profit, profit before tax, and earnings per share, alongside significant cash flow challenges.

Answer:<BR>The historical performance of Betex India shows a steady growth in net sales and operating income over the years, with net sales increasing from 48.68 Cr in Mar'21 to 96.38 Cr in Mar'25. The total operating income followed a similar trend, rising from 56.77 Cr in Mar'20 to 96.38 Cr in Mar'25. However, the total expenditure also increased significantly, from 44.22 Cr in Mar'19 to 92.67 Cr in Mar'25, impacting the operating profit, which decreased from 6.64 Cr in Mar'24 to 4.48 Cr in Mar'25. Profit before tax showed a decline from 4.75 Cr in Mar'24 to 2.72 Cr in Mar'25, while profit after tax also decreased from 3.33 Cr in Mar'24 to 1.95 Cr in Mar'25. The earnings per share (EPS) dropped from 22.2 in Mar'24 to 13.0 in Mar'25, reflecting the decline in profitability. On the balance sheet, total assets increased from 51.45 Cr in Mar'20 to 57.57 Cr in Mar'25, while total liabilities rose from 50.64 Cr to 57.57 Cr in the same period. The cash flow from operating activities decreased significantly from 12.00 Cr in Mar'24 to 1.00 Cr in Mar'25, indicating a challenging cash flow situation.<BR><BR>Breakdown:<BR>Betex India has demonstrated a consistent upward trajectory in net sales, which rose from 48.68 Cr in Mar'21 to 96.38 Cr in Mar'25, reflecting robust revenue growth. Operating income mirrored this trend, climbing from 56.77 Cr to 96.38 Cr over the same period. Despite this growth, total expenditure surged from 44.22 Cr to 92.67 Cr, leading to a decline in operating profit from 6.64 Cr to 4.48 Cr. Profit before tax also fell from 4.75 Cr to 2.72 Cr, while profit after tax decreased from 3.33 Cr to 1.95 Cr, indicating a reduction in overall profitability. The earnings per share (EPS) saw a significant drop from 22.2 to 13.0, further highlighting the challenges faced by the company. On the balance sheet, total assets increased from 51.45 Cr to 57.57 Cr, accompanied by a rise in total liabilities from 50.64 Cr to 57.57 Cr, suggesting a growing financial burden. Additionally, cash flow from operating activities plummeted from 12.00 Cr to 1.00 Cr, signaling potential liquidity issues.

Should I buy, sell or hold Betex India?

Why is Betex India Ltd falling/rising?

As of 18-Jan, Betex India Ltd's stock price is slightly rising at 242.70, but it faces significant long-term challenges, having declined 51.46% over the past year. The stock is considered a strong sell due to weak fundamentals and bearish trends.

As of 18-Jan, Betex India Ltd's stock price is experiencing a slight rise, currently at 242.70, with a change of 0.2 (0.08%) upward. However, this minor increase occurs against a backdrop of significant long-term challenges. Over the past year, the stock has dramatically underperformed, with a decline of 51.46%, while the broader market, represented by the BSE500, has generated positive returns of 7.89%. <BR><BR>The stock's performance over various periods highlights its struggles; it has dropped 27.96% over the past month and 3.56% year-to-date. Additionally, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Investor participation has also waned, with a notable 65.69% decrease in delivery volume compared to the five-day average, suggesting a lack of confidence among investors.<BR><BR>Fundamentally, Betex India Ltd shows weak long-term growth, with an average Return on Equity (ROE) of only 7.62% and a concerning annual operating profit growth rate of just 9.72% over the last five years. The stock is considered expensive relative to its peers, trading at a premium with a Price to Book Value of 1.1, and its profits have plummeted by 70.1% over the past year. These factors contribute to the perception of the stock as a strong sell, despite the slight uptick in price observed today.

Which are the latest news on Betex India?