GTN Textiles

Which are the latest news on GTN Textiles?

Are GTN Textiles Ltd latest results good or bad?

GTN Textiles Ltd's latest Q4 FY26 results are concerning, showing a consolidated net loss of ₹10.21 crores, a 2,330.95% increase from the previous quarter. Despite a slight rise in net sales, the company faces severe operational challenges and a negative book value per share, indicating financial instability.

GTN Textiles Ltd's latest results for Q4 FY26 indicate a troubling financial situation. The company reported a consolidated net loss of ₹10.21 crores, which is a staggering increase of 2,330.95% compared to the previous quarter's loss of ₹0.42 crores. This significant loss highlights severe operational distress.<BR><BR>While net sales showed a slight improvement, increasing by 3.25% to ₹3.49 crores, this growth is overshadowed by the company's inability to achieve positive operating margins, which stood at a negative 9.46%. The negative book value per share of ₹-43.19 further underscores the financial instability, indicating that the company's liabilities exceed its assets.<BR><BR>Overall, the results reflect a company struggling with fundamental business challenges, persistent operating losses, and a deteriorating balance sheet. The outlook remains bleak, with no clear path to recovery or profitability in sight. Therefore, the latest results can be classified as bad, raising significant concerns for investors and stakeholders.

Should I buy, sell or hold GTN Textiles Ltd?

Why is GTN Textiles Ltd falling/rising?

As of 10-Aug, GTN Textiles Ltd's stock price is declining, currently at 8.12, reflecting a 2.29% drop. The stock has underperformed its sector and is trading below all key moving averages, indicating a bearish trend with significant declines over the past week and month.

As of 10-Aug, GTN Textiles Ltd's stock price is falling, currently at 8.12, which reflects a decrease of 0.19 or 2.29%. The stock has underperformed its sector by 2.16% today and has been on a consecutive decline for the last three days, resulting in a total drop of 4.26% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, GTN Textiles has experienced a decline of 2.52%, while its performance over the past month shows a more significant drop of 7.41%. Despite a year-on-year increase of 7.41%, the stock's longer-term performance is concerning, with a 3-year decline of 28.90%. Overall, these factors contribute to the current downward movement in GTN Textiles Ltd's stock price.

How big is GTN Textiles?

As of 10th June, GTN Textiles Ltd has a market capitalization of 11.00 Cr and reported Net Sales of 10.23 Cr, with a Net Profit loss of 11.38 Cr over the latest 4 quarters.

As of 10th June, GTN Textiles Ltd has a market capitalization of 11.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, GTN Textiles reported Net Sales of 10.23 Cr. However, the company experienced a loss of 11.38 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds stood at a loss of 12.24 Cr, while Total Assets were valued at 40.20 Cr.

Who are in the management team of GTN Textiles?

The management team of GTN Textiles includes B K Patodia (Chairman/Executive Director), Banwarilal Singhal, N K Bafna, V. N. Balakrishnan, and C. K. Gopalakrishnan Nair (all Independent Non-Executive Directors), along with Kalpana Mahesh Thakker and Umang Patodia (Non-Executive & Non-Independent Directors).

The management team of GTN Textiles includes the following members:<BR><BR>1. **B K Patodia** - Chairman / Executive Director<BR>2. **Banwarilal Singhal** - Independent Non-Executive Director<BR>3. **N K Bafna** - Independent Non-Executive Director<BR>4. **V. N. Balakrishnan** - Independent Non-Executive Director<BR>5. **C. K. Gopalakrishnan Nair** - Independent Non-Executive Director<BR>6. **Kalpana Mahesh Thakker** - Non-Executive & Non-Independent Director<BR>7. **Umang Patodia** - Non-Executive & Non-Independent Director<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the GTN Textiles?

GTN Textiles' peers include Mish Designs, United Leasing, Pasari Spinning, and others, with varying management and growth risks. RLF has the highest 1-year return at 3.10%, while GTN Textiles has a return of -2.61%.

Peers: The peers of GTN Textiles are Mish Designs, United Leasing, Pasari Spinning, Mid India Inds., Eureka Industrie, RLF, Haria Apparels, Net Avenue, and Suumaya Indust.<BR><BR>Quality Snapshot: Below Average management risk is observed at Mish Designs, United Leasing, Eureka Industrie, RLF, and Net Avenue, while Average management risk is found at Haria Apparels and Suumaya Indust. Pasari Spinning, Mid India Inds., and Sheshadri Indus. do not qualify for management risk assessment. Below Average growth is noted at Mish Designs, GTN Textiles, Eureka Industrie, RLF, and Net Avenue, while Average growth is seen at United Leasing and Haria Apparels. Pasari Spinning, Mid India Inds., Sheshadri Indus., and Suumaya Indust. do not qualify for growth assessment. Capital Structure is Excellent at United Leasing, Average at Mish Designs and Haria Apparels, and Below Average at GTN Textiles, Eureka Industrie, RLF, and Net Avenue, with Pasari Spinning, Mid India Inds., and Sheshadri Indus. not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is RLF at 3.10%, while the lowest is Mish Designs at -57.31%. GTN Textiles has a 1-year return of -2.61%, which is better than Mish Designs but worse than RLF. Additionally, the six-month return is negative for RLF, Mish Designs, and Eureka Industrie.

What does GTN Textiles do?

GTN Textiles Ltd manufactures and sells cotton yarn, operating in the Garments & Apparels industry. As of March 2026, it reported net sales of 3 Cr and a net loss of 10 Cr, with a market cap of INR 11 Cr.

Overview:<BR>GTN Textiles Ltd is engaged primarily in the manufacture and sale of cotton yarn and operates within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in March 2005, GTN Textiles Ltd was registered as "Medium Enterprises - Manufacturing" on 14th August 2020. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -10 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 11 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -1.24<BR>- Return on Equity: 44.92%<BR>- Price to Book: -0.68<BR><BR>Contact Details:<BR>Address: Door No VIII/911, Erumathala P O Aluva Ernakulam Kerala : 683112<BR>Tel: 91-0484-2839491<BR>Email: cs@gtntextiles.com<BR>Website: http://www.gtntextiles.com

How has been the historical performance of GTN Textiles?

GTN Textiles has experienced a significant decline in financial performance, with net sales dropping from 142.26 Cr in Mar'19 to 0.00 Cr by Mar'25, and increasing losses leading to a negative net profit of -7.38 Cr in Mar'25. The company's financial health has deteriorated, reflected in negative shareholder's funds and cash flow challenges.

Answer:<BR>The historical performance of GTN Textiles shows a significant decline in financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>GTN Textiles experienced a drastic drop in net sales from 142.26 Cr in Mar'19 to 0.00 Cr in Mar'25, indicating a complete cessation of revenue generation. The total operating income followed a similar trend, decreasing from 142.26 Cr in Mar'19 to 9.99 Cr in Mar'23, and then to 0.00 Cr in the subsequent years. The company faced increasing losses, with profit before tax declining from -8.44 Cr in Mar'19 to -4.03 Cr in Mar'23, before showing a slight recovery to 0.44 Cr in Mar'25. However, the net profit remained negative, with a loss of -7.38 Cr in Mar'25, although this was an improvement from -17.97 Cr in Mar'23. The balance sheet reflects a deteriorating position, with total liabilities decreasing from 171.01 Cr in Mar'20 to 40.20 Cr in Mar'25, while shareholder's funds turned negative, dropping from 74.25 Cr in Mar'20 to -12.24 Cr in Mar'25. Cash flow analysis reveals a challenging situation, with cash flow from operating activities fluctuating and ultimately resulting in a net cash outflow of 0.00 Cr in Mar'23. Overall, GTN Textiles has shown a concerning trend of declining revenues, increasing losses, and deteriorating financial health over the years.

When is the next results date for GTN Textiles?

The next results date for GTN Textiles is 07 November 2025.

The next results date for GTN Textiles is scheduled for 07 November 2025.

Is GTN Textiles overvalued or undervalued?

As of November 10, 2023, GTN Textiles is considered overvalued with a risky valuation grade, reflected by a negative PE ratio of -0.76, a high EV to EBIT of 41.43, and a poor ROCE of 2.31%, significantly underperforming its peers and the Sensex.

As of 10 November 2023, the valuation grade for GTN Textiles has moved from expensive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios highlight this concern, with a PE ratio of -0.76, an EV to EBIT of 41.43, and a ROCE of just 2.31%. These figures suggest that the company's earnings and capital efficiency are underperforming relative to its market price.<BR><BR>In comparison to its peers, GTN Textiles stands out unfavorably; for instance, K P R Mill Ltd has a PE ratio of 47.51, while Trident shows a more reasonable EV to EBITDA of 18.36. The stark contrast in these ratios underscores the overvaluation of GTN Textiles within its industry. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -25.08% compared to the Sensex's 5.58%, further reinforcing the notion that GTN Textiles is not a favorable investment at its current price of 9.14.

What is the technical trend for GTN Textiles?

As of May 19, 2025, GTN Textiles shows a mildly bearish trend with mixed signals: the weekly MACD is mildly bullish, the monthly MACD is bearish, and while the RSI indicates potential long-term upward momentum, short-term indicators like Bollinger Bands and moving averages suggest weakness.

As of 19 May 2025, the technical trend for GTN Textiles has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential upward momentum in the longer term. However, Bollinger Bands and moving averages are bearish on the daily and weekly charts, indicating short-term weakness. The KST is mildly bullish on the weekly but bearish on the monthly, further contributing to the mixed outlook. Overall, the current stance is mildly bearish, with key indicators showing divergence between short-term and long-term trends.

Who are the top shareholders of the GTN Textiles?

The top shareholders of GTN Textiles include promoter Prabha Patodia with 16.13% ownership, individual investors holding 32.77%, and public shareholder Gnanadev Polisetty at 1.23%. There are minimal institutional holdings, with no pledged promoter shares reported.

The top shareholders of GTN Textiles include the promoters, who hold the majority of the shares. The promoter with the highest holding is Prabha Patodia, who owns 16.13% of the company. Additionally, individual investors collectively hold 32.77% of the shares. In terms of public shareholders, Gnanadev Polisetty is the highest with a holding of 1.23%. The company also has a small presence of institutional investors, with one Foreign Institutional Investor (FII) holding 0.01% and five mutual fund schemes holding another 0.01%. There are no pledged promoter holdings reported.

Has GTN Textiles declared dividend?

GTN Textiles Ltd has declared a 6% dividend, amounting to 0.6000 per share, but the dividend yield is 0% as no dividends have been paid in recent periods. Total returns have varied significantly, with negative returns in the short term and positive returns over the long term.

GTN Textiles Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6000<BR>- Ex-date: Jul-17-2008<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -25.91%, the dividend return was 0%, resulting in a total return of -25.91%.<BR><BR>In the 1 Year period, the price return was -25.73%, the dividend return was 0%, resulting in a total return of -25.73%.<BR><BR>In the 2 Years period, the price return was -18.57%, the dividend return was 0%, resulting in a total return of -18.57%.<BR><BR>In the 3 Years period, the price return was -42.64%, the dividend return was 0%, resulting in a total return of -42.64%.<BR><BR>In the 4 Years period, the price return was 48.05%, the dividend return was 0%, resulting in a total return of 48.05%.<BR><BR>In the 5 Years period, the price return was 64.32%, the dividend return was 0%, resulting in a total return of 64.32%.<BR><BR>Overall, while GTN Textiles has declared a dividend, the dividend yield remains at 0%, indicating that there have been no dividends paid in recent periods. The total returns show significant fluctuations, with negative returns in the shorter periods and positive returns over the longer term.