Deepak Spinners

Why is Deepak Spinners Ltd. falling/rising?

As of 01-Sep, Deepak Spinners Ltd. is seeing a stock price increase to Rs 140.15, driven by strong recent performance, including a 230.52% growth in profit after tax over the last six months and positive quarterly results. Despite past declines, the stock has a year-to-date return of 15.59%, outperforming the Sensex.

As of 01-Sep, Deepak Spinners Ltd. is experiencing a rise in its stock price, currently at Rs 140.15, reflecting an increase of 0.4 (0.29%). This upward movement can be attributed to several positive factors. The stock has outperformed the sector by 0.74% today, indicating strong relative performance. Additionally, the company has reported positive results for the last four consecutive quarters, with a significant growth in profit after tax (PAT) of 230.52% over the latest six months, amounting to Rs 5.56 crore. The earnings per share (EPS) for the latest quarter is the highest recorded at Rs 4.30.<BR><BR>Moreover, Deepak Spinners Ltd. is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which is a bullish signal. The stock's liquidity is also favorable, with a notable increase in delivery volume by 28.31% compared to the 5-day average, suggesting rising investor participation. <BR><BR>Despite a challenging long-term performance over the past three and five years, where the stock has seen declines of 42.57% and 43.47% respectively, its year-to-date return stands at a robust 15.59%, significantly outperforming the Sensex, which has declined by 9.71% in the same period. This combination of strong recent performance, positive financial results, and favorable trading conditions contributes to the current rise in the stock price of Deepak Spinners Ltd.

Who are in the management team of Deepak Spinners?

The management team of Deepak Spinners includes Pradip Kumar Daga (Chairman & Managing Director), Yashwant Daga (Vice Chairman & Joint Managing Director), and several independent directors, along with other key executives responsible for the company's operations and strategy.

The management team of Deepak Spinners includes the following individuals:<BR><BR>1. **Pradip Kumar Daga** - Chairman & Managing Director<BR>2. **Yashwant Daga** - Vice Chairman & Joint Managing Director<BR>3. **Pradeep Kumar Drolia** - Independent Director<BR>4. **Puneeta Arora** - Company Secretary & Compliance Officer<BR>5. **Shantanu Daga** - Whole Time Director<BR>6. **A P Agarwalla** - Independent Director<BR>7. **Asha Devi Daga** - Director<BR>8. **Vivek Chiraniya** - Independent Director<BR>9. **Sharad Agarwal** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Deepak Spinners do?

Deepak Spinners Ltd. is a manufacturer of synthetic staple fibres yarn and man-made fibres blended yarn in the garments industry, with a market cap of INR 101 Cr and reported net sales of 137 Cr and net profit of 3 Cr for June 2026. The company has a P/E ratio of 10.00 and a debt-equity ratio of 0.13.

Overview: <BR>Deepak Spinners Ltd. is a manufacturer of Synthetic Staple Fibres Yarn and Man-made Fibres Blended Yarn, operating in the Garments & Apparels industry within the Micro Cap market segment.<BR><BR>History: <BR>Deepak Spinners Limited was incorporated in March 1982. The company has been operational since then, with the latest quarterly results reported for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 137 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 3 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 101 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.13 <BR>Return on Equity: 4.51% <BR>Price to Book: 0.44<BR><BR>Contact Details: <BR>Address: 121 Industrial Area Baddi, Tehsil Nalagarh Dist Solan Himachal Pradesh : 173205 <BR>Tel: 91-172-2790977 <BR>Email: share@dsl-india.com <BR>Website: http://www.dsl-india.com

Who are the peers of the Deepak Spinners?

Deepak Spinners' peers include Vippy Spinpro, Digjam, Surat Trade, Gravity (India), Bhandari Hosiery, Acknit Indus., Parmeshwari Silk, SPL Industries, and Addi Industries. Gravity (India) shows excellent growth and the highest 1-year return, while Deepak Spinners has an average management risk and a 1-year return of 4.45%.

Peers: The peers of Deepak Spinners are Vippy Spinpro, Digjam, Surat Trade, Gravity (India), Bhandari Hosiery, Acknit Indus., Parmeshwari Silk, SPL Industries, and Addi Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vippy Spinpro, while Average management risk is found at Bhandari Hosiery, Acknit Indus., Parmeshwari Silk, and Deepak Spinners, and the rest. Below Average management risk is noted for Digjam, Surat Trade, Gravity (India), SPL Industries, Addi Industries, and the rest. Growth is Excellent at Gravity (India), while Below Average growth is seen at Vippy Spinpro, Digjam, Surat Trade, Bhandari Hosiery, Acknit Indus., Parmeshwari Silk, Deepak Spinners, SPL Industries, Addi Industries, and the rest. <BR><BR>Return Snapshot: Gravity (India) has the highest 1-year return at 123.52%, while Surat Trade has the lowest at -23.45%. Deepak Spinners' 1-year return of 4.45% is higher than that of Surat Trade but lower than that of Gravity (India). Additionally, Bhandari Hosiery, Addi Industries, and Digjam have negative six-month returns.

How big is Deepak Spinners?

As of 31st August, Deepak Spinners Ltd. has a market capitalization of 101.00 Cr, classifying it as a Micro Cap company, with net sales of 532.21 Cr and a net profit of 10.34 Cr in the latest four quarters. Specific values for Shareholder's Funds and Total Assets are not available.

As of 31st August, Deepak Spinners Ltd. has a market capitalization of 101.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Deepak Spinners reported net sales of 532.21 Cr and a net profit of 10.34 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period, but specific values for Shareholder's Funds and Total Assets are not available.

Which are the latest news on Deepak Spinners?

Should I buy, sell or hold Deepak Spinners Ltd.?

Are Deepak Spinners Ltd. latest results good or bad?

Deepak Spinners Ltd.'s latest results show a return to profitability with a net profit of ₹2.47 crores, but a decline in net sales and reliance on non-operating income raise concerns about its financial health, making the overall outlook more negative than positive.

Deepak Spinners Ltd.'s latest results for Q4 FY26 present a mixed picture. On one hand, the company reported a net profit of ₹2.47 crores, which is a significant improvement compared to a loss of ₹0.65 crores in the same quarter last year. However, this profit reflects a decline of 12.10% from the previous quarter's profit of ₹2.81 crores.<BR><BR>Net sales also saw a decline, dropping 10.65% quarter-on-quarter to ₹120.76 crores, marking the lowest revenue figure in the last year. This decline in sales is concerning, especially given the persistent challenges in the textile sector, including volatile raw material prices and subdued demand.<BR><BR>While the operating margin improved to 5.53%, indicating better cost management, the overall financial health of the company raises several red flags. The reliance on non-operating income, which accounted for a significant portion of profit before tax, suggests that core operations are under pressure.<BR><BR>Additionally, the company's elevated P/E ratio of 151.81x raises valuation concerns, especially given its inconsistent profitability and the absence of institutional interest. The stock has also underperformed significantly over the past year, declining by 23.75% compared to the sector's decline of 7.33%.<BR><BR>In summary, while there are some positive aspects, such as a return to profitability and improved margins, the overall results indicate ongoing struggles with revenue and operational efficiency. Therefore, the outlook for Deepak Spinners can be considered more negative than positive at this time.

When is the next results date for Deepak Spinners Ltd.?

The next results date for Deepak Spinners Ltd. is 26 May 2026.

The next results date for Deepak Spinners Ltd. is scheduled for 26 May 2026.

How has been the historical performance of Deepak Spinners?

Deepak Spinners showed strong historical performance, with net sales increasing from INR 144.67 crore in March 2009 to INR 293.67 crore in March 2012, and profit after tax rising from a loss of INR 2.19 crore to a profit of INR 11.71 crore during the same period. Key financial metrics indicate significant growth and recovery.

Answer:<BR>The historical performance of Deepak Spinners shows a positive trend in net sales and profitability over the years leading up to March 2012.<BR><BR>Breakdown:<BR>Deepak Spinners experienced a steady increase in net sales from INR 144.67 crore in March 2009 to INR 293.67 crore in March 2012. Other operating income also rose, contributing to a total operating income of INR 296.96 crore in March 2012, up from INR 144.91 crore in March 2009. The raw material cost increased correspondingly, reaching INR 203.16 crore in March 2012. Despite rising costs, the operating profit (PBDIT) improved significantly, climbing from INR 11.48 crore in March 2009 to INR 40.18 crore in March 2012. Profit before tax turned positive in March 2011 at INR 10.01 crore and further increased to INR 14.56 crore in March 2012. Consequently, profit after tax also saw an upward trajectory, moving from a loss of INR 2.19 crore in March 2009 to a profit of INR 11.71 crore in March 2012. The earnings per share (EPS) reflected this growth, rising from a negative INR 3.00 in March 2009 to INR 13.56 in March 2012. Overall, the financial metrics indicate a robust recovery and growth trajectory for Deepak Spinners over the analyzed period.

Who are the top shareholders of the Deepak Spinners?

The top shareholders of Deepak Spinners include Yashwant Kumar Daga with 13.88%, M. P. State Industrial Development Corporation Ltd. at 4.44%, and individual investors holding 37.87%. There are no pledged promoter holdings, minimal institutional involvement, and no foreign institutional investors.

The top shareholders of Deepak Spinners include Yashwant Kumar Daga, who holds the highest promoter stake at 13.88%. Additionally, the highest public shareholder is M. P. State Industrial Development Corporation Ltd., with a holding of 4.44%. Individual investors collectively own 37.87% of the shares. There are no pledged promoter holdings, and the company has minimal institutional involvement, with only one mutual fund scheme holding 0.01% and no foreign institutional investors.

Is Deepak Spinners overvalued or undervalued?

As of August 14, 2024, Deepak Spinners is considered risky and overvalued due to negative earnings metrics, a low Price to Book Value of 0.46, and significant underperformance with a year-to-date return of -26.83%, contrasting sharply with the Sensex's 5.64% gain.

As of 14 August 2024, the valuation grade for Deepak Spinners has moved from very attractive to risky, indicating a significant shift in its financial outlook. The company is currently deemed overvalued, particularly highlighted by its PE ratio of -10.30 and an EV to EBIT of -11.84, which suggest negative earnings performance. Additionally, the Price to Book Value stands at a low 0.46, further emphasizing the company's struggles in generating value for shareholders.<BR><BR>In comparison to its peers, Deepak Spinners' financial metrics are concerning. K P R Mill Ltd is classified as very expensive with a PE ratio of 47.51, while Trident is considered fair with a PE of 42.6. These comparisons underscore the challenges Deepak Spinners faces within the garments and apparels industry. Notably, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -26.83% compared to the Sensex's 5.64%, reinforcing the notion of its overvaluation amidst a broader market recovery.

What is the technical trend for Deepak Spinners?

As of June 3, 2025, Deepak Spinners shows a bearish trend with moderate strength, supported by daily moving averages and monthly MACD indicators, despite some mildly bullish signals in the weekly MACD and KST.

As of 3 June 2025, the technical trend for Deepak Spinners has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the weekly MACD shows a mildly bullish signal, contrasting with the monthly MACD which is bearish. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, and the KST is mildly bullish weekly but bearish monthly. The Dow Theory indicates a mildly bearish trend on the weekly chart with no clear trend on the monthly. Overall, the combination of these indicators suggests a bearish outlook for Deepak Spinners.

Has Deepak Spinners declared dividend?

Yes, Deepak Spinners Ltd. has declared a 5% dividend, amounting to ₹0.5 per share, with an ex-date of August 23, 2024. Despite the dividend declaration, recent total returns show significant price declines over shorter periods, while longer-term performance has been more favorable.

Deepak Spinners Ltd. has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 23 Aug 24<BR><BR>Dividend Yield: 0.34%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -22.17%, the dividend return was 0%, resulting in a total return of -22.17%.<BR><BR>Over the past year, the price return was -30.25%, the dividend return was 0.24%, leading to a total return of -30.01%.<BR><BR>In the 2-year period, the price return was -38.54%, with a dividend return of 1.24%, culminating in a total return of -37.3%.<BR><BR>For the 3-year period, the price return was -40.29%, the dividend return was 1.39%, resulting in a total return of -38.9%.<BR><BR>In the last 4 years, the price return was 1.1%, the dividend return was 3.33%, giving a total return of 4.43%.<BR><BR>Finally, over the past 5 years, the price return was 126.54%, the dividend return was 11.67%, resulting in a total return of 138.21%.<BR><BR>Overall, while Deepak Spinners has declared a dividend, the recent total returns indicate significant declines in price over shorter periods, with a more favorable performance over the longer term. The dividend yield remains modest, reflecting the company's current financial dynamics.