Gem Spinners

Why is Gem Spinners India Ltd falling/rising?

As of 08-Jun, Gem Spinners India Ltd's stock price is stable at 6.14, with no recent price movement. Despite strong long-term performance, recent trading activity shows challenges, including declining investor participation and erratic trading.

As of 08-Jun, Gem Spinners India Ltd's stock price is currently stable at 6.14, showing no change (0.00%). Over the past week, the stock has not experienced any price movement, remaining flat at +0.00%, while the benchmark Sensex has declined by 1.00%. In the past month, the stock has risen by 4.96%, contrasting with a 4.92% drop in the Sensex, indicating that Gem Spinners has outperformed the benchmark during this period.<BR><BR>Year-to-date, the stock has shown a significant increase of 32.04%, while the Sensex has decreased by 13.72%. Over the past year, Gem Spinners has risen by 63.73%, compared to the Sensex's decline of 10.54%. However, over a three-year period, the stock has underperformed with a decrease of 9.44%, while the Sensex has increased by 16.99%.<BR><BR>Despite the positive long-term performance, today's trading performance indicates some challenges. The stock has underperformed its sector by 0.36% and has shown erratic trading, not trading on 4 out of the last 20 days. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 86.11% against the 5-day average. Nevertheless, the stock is trading above its moving averages across various time frames, suggesting a potential upward trend.<BR><BR>In summary, while Gem Spinners India Ltd has shown strong performance over longer periods, recent trading activity and declining investor participation may be contributing to a lack of price movement at the current time.

Which are the latest news on Gem Spinners?

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.

How big is Gem Spinners?

As of 24th July, Gem Spinners India Ltd has a market capitalization of 28.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit loss of 0.67 Cr in the latest four quarters. The company's Shareholder's Funds stand at a loss of 1.59 Cr, and Total Assets are valued at 5.77 Cr as of March 2024.

As of 24th July, Gem Spinners India Ltd has a market capitalization of 28.00 Cr, categorizing 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 0.67 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds at a loss of 1.59 Cr and Total Assets valued at 5.77 Cr.

What does Gem Spinners do?

Gem Spinners India Ltd is a micro-cap textile company that manufactures cotton yarn and knitted fabric. As of March 2025, it reported a net profit of -2 Cr and has a market cap of INR 26 Cr.

Overview:<BR>Gem Spinners India Ltd is engaged in the business of textiles, specifically manufacturing cotton yarn and knitted fabric, and operates within the Garments & Apparels industry as a micro-cap company.<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 2025, showing a net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 26 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 4.00<BR>Industry P/E: 35<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.01<BR>Return on Equity: -323.39%<BR>Price-to-Book: -11.23<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

Who are in the management team of Gem Spinners?

As of March 2023, the management team of Gem Spinners consists of R Veeramani (Managing Director), P P Doddanavar (Independent Non-Executive Director), S Gopal (Non-Executive Director), and Poorana Juliet (Independent Non-Executive Director).

As of March 2023, the management team of Gem Spinners includes:<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

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

Who are the peers of the Gem Spinners?

Gem Spinners' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shree Bhavya, Heads UP Venture, Indo Cotspin, and Kallam Textiles. Page Industries leads in 1-year returns at 26.58%, while Gem Spinners has a return of 12.28%.

Peers: The peers of Gem Spinners are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shree Bhavya, Heads UP Venture, Indo Cotspin, Kallam 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 at Trident and Shree Bhavya, while Below Average management risk is seen at Heads UP Venture, Indo Cotspin, and Kallam Textiles. Growth is Excellent at K P R Mill Ltd, while Good growth is noted at Trent. Below Average growth is reported for Page Industries, Vedant Fashions, Trident, Shree Bhavya, Heads UP Venture, Indo Cotspin, and Kallam Textiles. Capital Structure is Excellent for Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is found at Trident, and Below Average at Shree Bhavya, Heads UP Venture, Indo Cotspin, and Kallam Textiles.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is S & T Corporatio at -74.55%. Gem Spinners has a 1-year return of 12.28%, which is higher than S & T Corporatio but lower than Page Industries. Additionally, several peers, including Vedant Fashions, Trident, Heads UP Venture, Indo Cotspin, Kallam Textiles, and S & T Corporatio, have negative six-month returns.