Gem Spinners

Why is Gem Spinners India Ltd falling/rising?

As of 04-Aug, the stock price of Gem Spinners India Ltd is 5.11, unchanged from the previous session, and has declined 13.24% over the past year. The stock shows bearish trends with erratic trading, decreased investor participation, and is trading below its moving averages, indicating a lack of momentum and declining confidence.

As of 04-Aug, the stock price of Gem Spinners India Ltd is currently at 5.11, with no change from the previous trading session. The stock has shown a performance of -13.24% over the past year, which indicates a significant decline compared to the Sensex, which has only fallen by 3.20% during the same period. <BR><BR>In the short term, the stock has not traded on one day out of the last twenty, reflecting erratic trading behavior. Additionally, it is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 58.33% against the 5-day average, indicating reduced interest from investors.<BR><BR>While the stock has outperformed its sector by 0.77% today, the overall indicators point towards a lack of momentum and declining investor confidence, which are contributing factors to the stock's stagnant price and overall downward trend.

Which are the latest news on Gem Spinners?

What does Gem Spinners do?

Gem Spinners India Ltd is a micro-cap company in the Garments & Apparels industry, focused on producing cotton yarn and knitted fabric. As of March 2026, it reported a net profit of 0 Cr and has a market cap of INR 38 Cr.

Overview:<BR>Gem Spinners India Ltd is a micro-cap company in the Garments & Apparels industry, primarily engaged in the production of cotton yarn and knitted fabric.<BR><BR>History:<BR>Gem Spinners India Ltd was incorporated in October 1990 as Gem Spinning and Weaving Mills. The latest quarterly results reported are for March 2026, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 38 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 5.00<BR>Industry P/E: 52<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: -292.10%<BR>Price to Book: -15.19<BR><BR>Contact Details:<BR>Address: 14 Mangalam Village, Maduranthagam Taluk Kanchipuram Tamil Nadu : 603107<BR>Tel: 91-044-28278490/28277985/28266107<BR>Email: accounts@gemspin.com<BR>Website: http://www.gemspin.com

How big is Gem Spinners?

As of 10th June, Gem Spinners India Ltd has a market capitalization of 38.00 Cr, classifying it as a Micro Cap company, with reported Net Sales of 0.00 Cr and a Net Profit loss of 0.41 Cr. Shareholder's Funds are at a loss of 2.25 Cr, and Total Assets are valued at 5.69 Cr as of March 2025.

As of 10th June, Gem Spinners India Ltd has a market capitalization of 38.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.00 Cr and a Net Profit loss of 0.41 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds stand at a loss of 2.25 Cr and Total Assets are valued at 5.69 Cr.

Who are in the management team of Gem Spinners?

The management team of Gem Spinners includes R Veeramani (Managing Director), P P Doddanavar (Independent Non-Executive Director), S Gopal (Non-Executive Director), and Poorana Juliet (Independent Non-Executive Director).

The management team of Gem Spinners includes the following individuals:<BR><BR>1. R Veeramani - Managing Director<BR>2. P P Doddanavar - Independent Non-Executive Director<BR>3. S Gopal - Non-Executive Director<BR>4. Poorana Juliet - Independent Non-Executive Director<BR><BR>If you need more details about their roles or contributions, feel free to ask!

Who are the peers of the Gem Spinners?

Gem Spinners' peers include Subhash Silk, Arex Industries, H P Cotton Tex, Gokak Textiles, Skybiotech Healt, Anirit Ventures, Akshar Spintex, Suryaamba Spinni, and Jet Knitwears, with varying management risks and growth classifications. Subhash Silk leads in 1-year returns at 32.74%, while Gem Spinners outperforms with 61.58%.

Peers: The peers of Gem Spinners are Subhash Silk, Arex Industries, H P Cotton Tex, Gokak Textiles, Skybiotech Healt, Anirit Ventures, Akshar Spintex, Suryaamba Spinni, and Jet Knitwears.<BR><BR>Quality Snapshot: Excellent management risk is observed at Suryaamba Spinni, while Average management risk is found at Arex Industries and H P Cotton Tex. Below Average management risk is noted at Skybiotech Healt, Akshar Spintex, and Jet Knitwears, and the rest do not qualify. Growth is classified as Good for H P Cotton Tex, Average for Arex Industries, and Below Average for Skybiotech Healt, Akshar Spintex, and Suryaamba Spinni, while the rest do not qualify. Capital Structure is Average for Suryaamba Spinni, Below Average for Arex Industries, H P Cotton Tex, Skybiotech Healt, Akshar Spintex, and Jet Knitwears, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Subhash Silk at 32.74%, while Gokak Textiles has the lowest at -46.36%. Gem Spinners' own 1-year return is significantly higher at 61.58%. Additionally, Arex Industries, H P Cotton Tex, Gokak Textiles, and Akshar Spintex have negative six-month returns.

Are Gem Spinners India Ltd latest results good or bad?

Gem Spinners India Ltd's latest results are concerning, showing a net loss of ₹0.09 crores and zero revenue for the past seven quarters, indicating a dormant status. Despite a 53.12% stock price increase over the past year, the company's negative equity and ongoing losses suggest a precarious financial position.

The latest results for Gem Spinners India Ltd indicate a challenging financial situation. In Q4 FY26, the company reported a net loss of ₹0.09 crores, unchanged from the previous quarter, and net sales of ₹0.00 crores, reflecting a complete cessation of operations for at least seven consecutive quarters. This lack of revenue generation is concerning, as it highlights the company's dormant status.<BR><BR>Additionally, the company's financial health is further illustrated by a negative book value of ₹-0.37 per share and negative shareholder equity of ₹2.25 crores. The ongoing losses and absence of operational activity raise significant questions about the company's sustainability and future prospects.<BR><BR>Despite these troubling financial metrics, the stock has experienced notable price momentum, increasing by 53.12% over the past year. However, this price appreciation appears disconnected from the underlying operational reality and may be driven by speculative trading rather than genuine business performance.<BR><BR>Overall, the results can be characterized as bad, given the persistent losses, zero revenue, and negative equity, which suggest a highly precarious financial position for Gem Spinners India Ltd.

Should I buy, sell or hold Gem Spinners India Ltd?

When is the next results date for Gem Spinners India Ltd?

The next results date for Gem Spinners India Ltd is 27 May 2026.

The next results date for Gem Spinners India Ltd is scheduled for 27 May 2026.

How has been the historical performance of Gem Spinners?

Gem Spinners has consistently reported zero net sales and operating income, with increasing operating losses and negative reserves, culminating in a cash balance of zero by March 2025. The company's financial position is challenging, reflected in a declining book value per share of -0.37.

Answer:<BR>The historical performance of Gem Spinners shows a consistent trend of zero net sales and other operating income over the past several years, indicating no revenue generation from its operations. The total operating income has remained at zero, with raw material costs, purchase of finished goods, and other operational expenses also reflecting no activity. Employee costs have slightly varied, with a minor increase from 0.10 crore in March 2021 to 0.15 crore in March 2024, but overall expenditures have remained low, peaking at 0.53 crore in March 2023. Operating profit has been negative, with losses increasing from -2.29 crore in March 2019 to -0.50 crore in March 2025. Profit before tax and profit after tax have similarly shown negative figures throughout the years, with the most recent figures being -0.66 crore for both in March 2025. The company's equity capital has remained constant at 30.69 crore, but reserves have turned negative, reaching -32.93 crore in March 2025. The book value per share has also declined to -0.37 in the same period. Cash flow from operating activities has been negative at -2.00 crore in March 2025, with no cash inflow from investing or financing activities, leading to a closing cash balance of zero.<BR><BR>Breakdown:<BR>Gem Spinners has not generated any revenue over the years, with net sales and other operating income consistently reported as zero. The total operating income has also remained unchanged, while employee costs have seen slight fluctuations but overall expenditures have been minimal. The company has faced increasing operating losses, culminating in a loss of -0.50 crore in March 2025. Profit before tax and profit after tax have consistently been negative, reflecting ongoing financial struggles. Despite maintaining a stable equity capital of 30.69 crore, the reserves have deteriorated significantly, resulting in a negative reserve of -32.93 crore. The book value per share has declined to -0.37, indicating a challenging financial position. Cash flow from operating activities has been negative, with no cash inflows from other activities, leading to a closing cash balance of zero, highlighting the company's liquidity issues.

Is Gem Spinners overvalued or undervalued?

As of April 25, 2023, Gem Spinners India Ltd. is considered a risky investment due to its overvaluation, reflected in a PE ratio of 3.18 and significant underperformance compared to peers and the Sensex, with a year-to-date return of -56.4%.

As of 25 April 2023, the valuation grade for Gem Spinners India Ltd. has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company is currently considered overvalued, with a PE ratio of 3.18, a negative Price to Book Value of -10.27, and an EV to EBIT of -22.98, all of which suggest serious financial distress and inefficiencies.<BR><BR>In comparison to its peers, Gem Spinners is underperforming, with a valuation grade of risky and a PE ratio that is significantly lower than industry standards. For instance, its peer has a PE ratio of -2.30 and an EV to EBITDA of -11.81, which further highlights the challenges faced by Gem Spinners. The company's stock has also underperformed relative to the Sensex, with a year-to-date return of -56.4% compared to the Sensex's 5.56%, reinforcing the notion that it is overvalued in its current state.

What is the technical trend for Gem Spinners?

As of June 3, 2025, Gem Spinners is in a mildly bearish trend, supported by bearish indicators like MACD and moving averages, though the KST shows some bullish signals.

As of 3 June 2025, the technical trend for Gem Spinners has changed from bearish to mildly bearish. The weekly MACD and Bollinger Bands indicate a bearish stance, while the monthly indicators also reflect bearish conditions. The daily moving averages confirm a bearish trend. However, the KST shows a mildly bullish signal on the weekly and bullish on the monthly, providing some counterbalance. Dow Theory aligns with a mildly bearish outlook on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, with key indicators such as MACD and moving averages driving this assessment.

Who are the top shareholders of the Gem Spinners?

The top shareholders of Gem Spinners include Mr. R. Veeramani with 24.38%, ICICI Bank Limited at 8.02%, and individual investors holding 18.73%. There are currently no mutual funds or foreign institutional investors in the company.

The top shareholders of Gem Spinners include the promoters, with Mr. R. Veeramani holding the highest stake at 24.38%. Additionally, ICICI Bank Limited is the highest public shareholder, owning 8.02%. Individual investors collectively hold 18.73% of the shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

Has Gem Spinners declared dividend?

No Dividend History Available