Bluechip Tex Ind

Who are the top shareholders of the Bluechip Tex Ind?

The top shareholder of Bluechip Tex Ind is Beekaylon Synthetics Private Ltd, with a 24.67% stake. Promoters hold the majority of shares, while Rajiv Garg is the largest public shareholder at 1.52%, and individual investors collectively own 29.7% of the shares.

The top shareholders of Bluechip Tex Ind include Beekaylon Synthetics Private Ltd, which holds the highest promoter stake at 24.67%. The majority of the shareholding is held by promoters, and there are no pledged promoter holdings. In terms of public shareholders, Rajiv Garg is the highest with a holding of 1.52%. Additionally, individual investors collectively hold 29.7% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) involved in the company.

What does Bluechip Tex Ind do?

Bluechip Tex Industries Ltd manufactures Polyester texturizing Yarn and operates in the Garments & Apparels industry as a Micro Cap company. As of March 2025, it reported net sales of 56 Cr and a market cap of Rs 30 Cr.

Overview:<BR>Bluechip Tex Industries Ltd is engaged mainly in the manufacturing of Polyester texturizing Yarn and operates within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on 17 September 1985 as a private limited company and was converted into a public limited company on 25 September 1985. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 56 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 30 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.64%<BR>- Debt-Equity: 0.04<BR>- Return on Equity: -3.77%<BR>- Price to Book: 1.16<BR><BR>Contact Details:<BR>Address: Plot No 63-B Danudyog Sahakari, Village Piparia Silvasa Dadra & Nagar Haveli (U T) : 396230<BR>Tel: 022-43530400/9924422247<BR>Email: bluechiptex@gmail.com<BR>Website: http://www.bluechiptexindustrieslimited.com

Has Bluechip Tex Ind declared dividend?

Yes, Bluechip Tex Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 17, 2024. The dividend yield is 0.64%, and total returns have shown significant growth over longer periods, particularly 60.61% over 4 years and 90.74% over 5 years.

Bluechip Tex Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.64%.<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was 3.83%, with no dividend return, resulting in a total return of 3.83%.<BR><BR>In the 1-year period, the price return was -5.76%, with a dividend return of 0.61%, leading to a total return of -5.15%.<BR><BR>For the 2-year period, the price return was 13.33%, with a dividend return of 2.20%, culminating in a total return of 15.53%.<BR><BR>During the 3-year period, the price return was 14.39%, with a dividend return of 4.62%, resulting in a total return of 19.01%.<BR><BR>Over the 4-year period, the price return was 50.96%, with a dividend return of 9.65%, leading to a total return of 60.61%.<BR><BR>In the 5-year period, the price return was 78.74%, with a dividend return of 12.00%, culminating in a total return of 90.74%.<BR><BR>Overall, Bluechip Tex Industries Ltd has declared a dividend, and while the dividend yield is relatively low, the total returns over longer periods show significant positive growth, particularly in the 4 and 5-year spans.

Who are the peers of the Bluechip Tex Ind?

Bluechip Tex Ind's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Hindoo Mills, Subhash Silk, High Street Fila, Maris Spinners, and Kapil Cotex. Page Industries leads in 1-year returns at 26.58%, while Bluechip Tex Ind has a return of -4.18%, better than Vedant Fashions' -24.65%.

Peers: The peers of Bluechip Tex Ind are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Hindoo. Mills, Subhash Silk, High Street Fila, Maris Spinners, and Kapil Cotex.<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 at Trident and Maris Spinners, and Below Average management risk is seen at Hindoo. Mills, Bluechip Tex Ind, High Street Fila, and Kapil Cotex. Growth is Excellent for K P R Mill Ltd and Page Industries, Good for Trent, and Below Average for the rest, including Bluechip Tex Ind, which also has an Average capital structure, while peers like K P R Mill Ltd and Page Industries have Excellent capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Vedant Fashions at -24.65%. Bluechip Tex Ind's 1-year return of -4.18% is better than Vedant Fashions but worse than Page Industries. Additionally, peers such as Vedant Fashions, Trident, Hindoo. Mills, and Kapil Cotex have negative six-month returns.

Is Bluechip Tex Ind overvalued or undervalued?

As of August 8, 2024, Bluechip Tex Ind is considered overvalued with a negative PE ratio of -31.53 and an EV to EBIT ratio of -21.47, reflecting significant risks and underperformance compared to peers like K P R Mill Ltd and Trident, alongside a stock decline of 8.60% over the past year against a 7.62% increase in the Sensex.

As of 8 August 2024, Bluechip Tex Ind has moved from an attractive to a risky valuation grade, indicating a shift in market perception. The company appears to be overvalued, particularly given its negative PE ratio of -31.53 and an EV to EBIT ratio of -21.47. Additionally, the ROE stands at -3.77%, highlighting ongoing challenges in generating shareholder returns.<BR><BR>In comparison to its peers, Bluechip Tex Ind's valuation metrics are concerning. For instance, K P R Mill Ltd is considered very expensive with a PE ratio of 47.51, while Trident, which is rated fair, has a PE of 42.6. The stark contrast in these ratios suggests that Bluechip Tex Ind is not only underperforming relative to its peers but also carries significant risk. The company's recent stock performance has lagged behind the Sensex, particularly over the year, where it has declined by 8.60% compared to the Sensex's 7.62% increase, reinforcing the notion of its overvaluation.

What is the technical trend for Bluechip Tex Ind?

As of May 22, 2025, Bluechip Tex Ind shows a mildly bearish trend influenced by daily moving averages, while mixed signals from weekly and monthly indicators suggest potential volatility.

As of 22 May 2025, the technical trend for Bluechip Tex Ind has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD and KST are mildly bullish, but the monthly indicators show a bearish sentiment overall. The Bollinger Bands reflect a bullish outlook on the weekly timeframe but are mildly bearish on the monthly. The lack of signals from the RSI on both timeframes suggests indecision. Overall, the mixed signals indicate a weak bearish trend with potential for volatility.

Who are in the management team of Bluechip Tex Ind?

As of March 2022, the management team of Bluechip Tex Ind includes Rahul Khemani (Executive Director & CFO), Shahin N Khemani (Managing Director), and several independent directors, ensuring a blend of leadership and oversight.

As of March 2022, the management team of Bluechip Tex Ind consists of the following individuals:<BR><BR>1. Rahul Khemani - Executive Director & CFO<BR>2. Shahin N Khemani - Managing Director<BR>3. Shraddha Teli - Non-Executive & Independent Director<BR>4. Rohit P Bajaj - Independent Director<BR>5. Siddharth A Khemani - Non-Executive & Non-Independent Director<BR>6. Abhishek Sunil Kamdar - Independent Director<BR>7. Durgesh S. Shirsate - Company Secretary & Compliance Officer<BR><BR>This team brings a mix of executive leadership and independent oversight to the company.

How big is Bluechip Tex Ind?

As of 24th July, Bluechip Tex Industries Ltd has a market capitalization of 30.00 Cr and reported net sales of 249.29 Cr with a net loss of 1.00 Cr over the latest four quarters. Shareholder's funds are valued at 27.75 Cr, and total assets amount to 41.62 Cr.

As of 24th July, <BR><BR>Market Cap: Bluechip Tex Industries Ltd has a market capitalization of 30.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 249.29 Cr, while the sum of Net Profit for the same period reflects a loss of 1.00 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period ending March 2024. Shareholder's Funds are valued at 27.75 Cr, and Total Assets amount to 41.62 Cr.

When is the next results date for Bluechip Tex Ind?

The next results date for Bluechip Tex Ind is 06 August 2025.

The next results date for Bluechip Tex Ind is scheduled for 06 August 2025.

How has been the historical performance of Bluechip Tex Ind?

Bluechip Tex Ind has experienced declining financial performance, with net sales and operating income decreasing from a peak of 257.55 Cr in March 2019 to 249.29 Cr in March 2025, and operating profit dropping significantly from 12.22 Cr in March 2020 to 1.54 Cr in March 2025, resulting in negative profits by March 2025. Total liabilities and assets have also decreased, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Bluechip Tex Ind shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Bluechip Tex Ind's net sales peaked at 257.55 Cr in March 2019 but have since seen a decline, reaching 249.29 Cr in March 2025. Total operating income followed a similar pattern, with a high of 257.55 Cr in March 2019 and a decrease to 249.29 Cr in March 2025. The raw material cost has also varied, peaking at 216.69 Cr in March 2019 and dropping to 206.12 Cr in March 2025. Operating profit (PBDIT) has significantly decreased from 12.22 Cr in March 2020 to just 1.54 Cr in March 2025, reflecting a declining operating profit margin which fell from 5.4% in March 2020 to 0.42% in March 2025. Profit before tax has turned negative, showing -1.21 Cr in March 2025 compared to a profit of 7.61 Cr in March 2020. Consequently, profit after tax also fell to -1.01 Cr in March 2025 from 5.82 Cr in March 2020. The total liabilities have decreased from 56.78 Cr in March 2021 to 35.45 Cr in March 2025, while total assets have similarly declined from 56.78 Cr in March 2021 to 35.45 Cr in March 2025. Cash flow from operating activities has also diminished, dropping from 8.00 Cr in March 2021 to 2.00 Cr in March 2025. Overall, the financial performance of Bluechip Tex Ind indicates a challenging trend with declining revenues, profits, and asset values over the years.

How has been the historical performance of Bluechip Tex Ind?

Bluechip Tex Ind has experienced a declining trend in financial performance, with net sales dropping from 257.55 Cr in Mar'19 to 249.29 Cr in Mar'25, and operating profit significantly decreasing to 1.54 Cr in Mar'25, resulting in negative profits and declining earnings per share. The company has faced challenges in profitability and cash flow over recent years.

Answer:<BR>The historical performance of Bluechip Tex Ind shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Bluechip Tex Ind's net sales peaked at 257.55 Cr in Mar'19 but have since declined to 249.29 Cr in Mar'25, reflecting a downward trend in revenue. The total operating income followed a similar pattern, decreasing from 257.55 Cr in Mar'19 to 249.29 Cr in Mar'25. The company's raw material costs have also fluctuated, peaking at 216.69 Cr in Mar'19 and reducing to 206.12 Cr in Mar'25. Operating profit (PBDIT) has seen a significant decline from 12.22 Cr in Mar'20 to just 1.54 Cr in Mar'25, indicating challenges in maintaining profitability. The profit before tax turned negative in Mar'25 at -1.21 Cr, down from a positive 4.45 Cr in Mar'22, and the profit after tax also fell to -1.01 Cr in Mar'25. The earnings per share (EPS) reflect this downturn, dropping from 29.54 in Mar'20 to -5.13 in Mar'25. On the balance sheet, total liabilities decreased from 56.78 Cr in Mar'21 to 35.45 Cr in Mar'25, while total assets also declined from 56.78 Cr to 35.45 Cr in the same period. Cash flow from operating activities has been inconsistent, with a notable drop from 8.00 Cr in Mar'21 to 2.00 Cr in Mar'25. Overall, Bluechip Tex Ind has faced significant financial challenges, particularly in profitability and cash flow, over the past few years.

Are Bluechip Tex Industries Ltd latest results good or bad?

The latest results for Bluechip Tex Industries Ltd show mixed performance; while the net loss decreased by 60.66% and the operating margin turned positive, revenue declined by 2.71% quarter-on-quarter and 13.11% year-on-year, indicating ongoing challenges and a lack of sustainable profitability. Overall, the results are not entirely good due to persistent losses and declining revenues.

The latest results for Bluechip Tex Industries Ltd present a mixed picture. On one hand, the company has shown a significant improvement in its net loss, which decreased by 60.66% quarter-on-quarter to ₹0.24 crore. This indicates some operational progress. Additionally, the operating margin has turned positive at 0.43%, up from negative territory in the previous quarter.<BR><BR>However, the overall revenue for Q2 FY26 has declined by 2.71% quarter-on-quarter and 13.11% year-on-year, reflecting ongoing challenges in the textile sector. The cumulative net sales for the first half of FY26 also showed a decline of 14.55% compared to the same period last year. Despite the sequential improvements, the company is still struggling to achieve sustainable profitability, as evidenced by its negative PAT margin of -0.43%.<BR><BR>Overall, while there are signs of improvement in certain metrics, the persistent losses and declining revenues suggest that the company's financial health remains concerning. Therefore, the results can be characterized as not entirely good, given the ongoing challenges and lack of clear profitability.

Should I buy, sell or hold Bluechip Tex Industries Ltd?

Why is Bluechip Tex Industries Ltd falling/rising?

As of 18-Apr, Bluechip Tex Industries Ltd's stock price is at 118.20, showing a minor increase today but a significant decline over the past year. The company faces weak financial fundamentals, with negative operating profits and poor performance relative to its sector and benchmarks.

As of 18-Apr, Bluechip Tex Industries Ltd's stock price is currently at 118.20, reflecting a slight increase of 0.3 (0.25%). Despite this minor rise, the stock has been underperforming significantly in the longer term. Over the past week, it has declined by 2.96%, and in the last month, it has fallen by 1.50%. Year-to-date, the stock has decreased by 9.67%, and over the past year, it has seen a substantial drop of 23.20%. <BR><BR>The stock's recent performance shows a trend reversal as it has gained after three consecutive days of decline. However, it still underperformed its sector by 0.7% today. The moving averages indicate that while the stock is higher than the 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a lack of strong upward momentum.<BR><BR>Investor participation has seen a slight increase, with delivery volume rising by 5.57% against the 5-day average, indicating some interest in trading the stock. However, the overall financial health of the company raises concerns. The company has a weak long-term fundamental strength, with a staggering -182.35% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 0.93, indicating difficulties in servicing its debt. <BR><BR>Moreover, the company has recorded negative operating profits, with an EBIT of Rs. -1.39 cr, and has generated a return on equity of only 5.28%, reflecting low profitability. The recent financial results show flat performance, with cash and cash equivalents at their lowest and net sales also at a low point. <BR><BR>In summary, while there is a slight rise in the stock price today, the overall trend indicates a significant decline in value over various periods, driven by weak financial fundamentals and poor performance relative to benchmarks.

Which are the latest news on Bluechip Tex Ind?