Katare Spinning

Who are the top shareholders of the Katare Spinning?

The top shareholder of Katare Spinning is Kishore Tippanna Katare, with a 21.43% stake, followed by Krishnagopal Motilal Chandak at 4.83%. Individual investors hold 44.38% of the shares, with no pledged promoter holdings or involvement from mutual funds or foreign institutional investors.

The top shareholders of Katare Spinning include Kishore Tippanna Katare, who holds the largest stake at 21.43%. Following him, the highest public shareholder is Krishnagopal Motilal Chandak, with a holding of 4.83%. Additionally, individual investors collectively hold 44.38% of the company's shares. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors involved.

When is the next results date for Katare Spinning?

No Upcoming Board Meetings

Who are in the management team of Katare Spinning?

As of March 2023, the management team of Katare Spinning includes Vidyavati K Katare, U M Mahindrakar, Prakash Venkappa Joti, K T Katare, Vilas Ramakant Shendge, and Bhagyashree Rawani, serving in various roles such as directors and compliance officer.

As of March 2023, the management team of Katare Spinning includes the following individuals:<BR><BR>1. Vidyavati K Katare - Non Executive Director<BR>2. U M Mahindrakar - Non Executive Director<BR>3. Prakash Venkappa Joti - Non-Executive & Independent Director<BR>4. K T Katare - Managing Director<BR>5. Vilas Ramakant Shendge - Non-Executive & Independent Director<BR>6. Bhagyashree Rawani - Company Secretary & Compliance Officer<BR><BR>These members play various roles in the governance and management of the company.

Has Katare Spinning declared dividend?

Katare Spinning Mills Ltd has declared a 10% dividend, amounting to 1.0000 per share, with an ex-date of August 21, 2013. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly, showing negative returns in the short term but substantial gains over the longer term.

Katare Spinning Mills Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Aug-21-2013<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -21.19%, the dividend return was 0%, resulting in a total return of -21.19%.<BR><BR>In the 1-year period, the price return was -28.3%, the dividend return was 0%, leading to a total return of -28.3%.<BR><BR>In the 2-year period, the price return was -25.39%, the dividend return was 0%, which resulted in a total return of -25.39%.<BR><BR>In the 3-year period, the price return was -46.51%, the dividend return was 0%, culminating in a total return of -46.51%.<BR><BR>In the 4-year period, the price return was 1066.33%, the dividend return was 0%, resulting in a total return of 1066.33%.<BR><BR>In the 5-year period, the price return was 966.77%, the dividend return was 0%, leading to a total return of 966.77%.<BR><BR>Overall, while Katare Spinning Mills Ltd has declared a dividend, the dividend yield remains at 0%. The total returns show significant fluctuations, with a notable increase over the longer term despite negative returns in the shorter periods.

Who are the peers of the Katare Spinning?

Katare Spinning's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, United Cotfab, GTN Industries, Suryaamba Spinni, K G Denim, and Laxmi Cotspin. Katare Spinning has below-average management risk and capital structure, with the lowest 1-year return among its peers at -27.58%.

Peers: The peers of Katare Spinning are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, United Cotfab, GTN Industries, Suryaamba Spinni, K G Denim, and Laxmi Cotspin.<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, GTN Industries, Suryaamba Spinni, and K G Denim, while Below Average management risk is noted at Katare Spinning and Laxmi Cotspin. Growth is Excellent at K P R Mill Ltd and management risk is Below Average at Katare Spinning, while Average growth is found at Trent, Trident, GTN Industries, Suryaamba Spinni, and K G Denim, with Below Average growth at Page Industries, Vedant Fashions, and United Cotfab. Capital Structure is Excellent at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is found at Trent, Average at Suryaamba Spinni, and Below Average at Katare Spinning, GTN Industries, K G Denim, and Laxmi Cotspin.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Katare Spinning at -27.58%. This indicates that Katare Spinning's 1-year return is significantly lower than that of its peers. Additionally, the six-month returns are negative for Trent, Vedant Fashions, Trident, United Cotfab, GTN Industries, K G Denim, and Katare Spinning.

Is Katare Spinning overvalued or undervalued?

As of April 25, 2023, Katare Spinning is assessed as risky and overvalued, with a PE Ratio of -28.49 and significant financial distress, contrasting sharply with peers like K P R Mill Ltd and Trident, and showing a year-to-date decline of -18.25% compared to the Sensex's positive return of 5.61%.

As of 25 April 2023, the valuation grade for Katare Spinning has moved from does not qualify to risky. The company is currently assessed as overvalued. Key ratios include a PE Ratio of -28.49, an EV to EBITDA of -52.81, and a Price to Book Value of 0.42, all indicating significant financial distress.<BR><BR>In comparison to its peers, Katare Spinning's valuation metrics are starkly unfavorable. For instance, K P R Mill Ltd is categorized as very expensive with a PE Ratio of 47.51, while Trident, deemed fair, has a PE of 42.6. The negative returns of Katare Spinning, particularly a year-to-date decline of -18.25%, contrast sharply with the Sensex's positive return of 5.61%, reinforcing the perception of overvaluation in the current market context.

What is the technical trend for Katare Spinning?

As of June 5, 2025, Katare Spinning's trend is mildly bearish, with mixed signals from key indicators like the MACD and Bollinger Bands, suggesting short-term bullishness but longer-term weakness.

As of 5 June 2025, the technical trend for Katare Spinning has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands show a mildly bearish trend in both weekly and monthly time frames. Daily moving averages are bearish, and the KST reflects a mildly bullish outlook on the weekly but bearish on the monthly. There are no clear signals from the RSI or Dow Theory in either time frame. Overall, the current stance is mildly bearish, with key indicators suggesting weakness in the longer-term outlook despite some short-term bullish signals.

What does Katare Spinning do?

Katare Spinning Mills Ltd is a micro-cap company in the Garments & Apparels industry, specializing in spinning and cotton blending to produce cotton and synthetic yarn. As of March 2025, it reported net sales of 14 Cr and a net loss of 4 Cr, with a market cap of INR 43 Cr.

Overview: <BR>Katare Spinning Mills Ltd is a micro-cap company in the Garments & Apparels industry that manufactures textiles, specifically engaged in spinning and cotton blending operations, offering cotton and synthetic yarn.<BR><BR>History: <BR>Katare Spinning Mills Ltd was incorporated on August 8, 1980, in Solapur, Maharashtra. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 14 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -4 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 43 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.03 <BR>Return on Equity: -1.47% <BR>Price to Book: 0.36<BR><BR>Contact Details: <BR>Address: Kamala, 259 Sakhar Peth Solapur Maharashtra : 413005 <BR>Tel: 91-0217-2623981/2628581 <BR>Email: katarespinningmills@gmail.com <BR>Website: http://www.katarespinningmillslimited.com

How big is Katare Spinning?

As of 24th July, Katare Spinning Mills Ltd has a market capitalization of 41.00 Cr and reported Net Sales of 5.12 Cr with a Net Profit loss of 1.73 Cr over the latest four quarters. Shareholder's Funds were 0.96 Cr, and Total Assets were 28.05 Cr as of March 2021.

As of 24th July, Katare Spinning Mills Ltd has a market capitalization of 41.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 5.12 Cr. However, it experienced a loss of 1.73 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2021. Shareholder's Funds were recorded at 0.96 Cr, while Total Assets amounted to 28.05 Cr.

Are Katare Spinning latest results good or bad?

Katare Spinning's latest results show mixed performance; while profitability metrics have improved, net sales fell by 51.08%, leading to a 'Strong Sell' rating from MarketsMOJO. Caution is advised despite some positive trends.

Katare Spinning's latest financial results present a mixed picture. While the company reported a flat overall performance, there are some positive indicators. The operating profit before depreciation, interest, and taxes (PBDIT) reached Rs 0.03 crore, marking the highest level in the last five quarters. Additionally, the profit before tax (PBT) improved to Rs -0.30 crore, also the best in that timeframe, and the profit after tax (PAT) was recorded at Rs -0.26 crore, indicating a positive trend in profitability metrics.<BR><BR>Earnings per share (EPS) improved to Rs -0.91, reflecting a better performance compared to previous quarters. Furthermore, the financial score for the company has increased to 4 from -2 over the last three months, suggesting an overall improvement in financial health.<BR><BR>However, it's important to note that net sales experienced a significant decline of 51.08% compared to the previous quarter, which raises concerns about revenue generation. Despite the positive trends in profitability metrics, the stock is currently rated as a 'Strong Sell' by MarketsMOJO, indicating that market sentiment may not be favorable.<BR><BR>In summary, while there are some encouraging signs in terms of profitability, the substantial drop in net sales and the stock rating suggest caution moving forward.

How has been the historical performance of Katare Spinning?

Katare Spinning has experienced significant financial decline, with net sales dropping from 31.96 Cr in Mar'19 to 5.12 Cr in Mar'25, and consistent losses in operating profit, profit before tax, and profit after tax, culminating in an EPS of -6.07 in Mar'25. The company has faced substantial challenges, leading to reduced revenues and persistent negative performance.

Answer:<BR>The historical performance of Katare Spinning shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Katare Spinning's net sales have varied considerably, peaking at 31.96 Cr in Mar'19 and declining to 5.12 Cr by Mar'25. The total operating income followed a similar trend, starting from 31.96 Cr in Mar'19 and dropping to 5.12 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased from 32.29 Cr in Mar'19 to 5.73 Cr in Mar'25, reflecting a reduction in operational scale. Operating profit (PBDIT) has been negative in recent years, with a loss of 0.37 Cr in Mar'25 compared to a profit of 4.25 Cr in Mar'19. Profit before tax has consistently been negative since Mar'22, culminating in a loss of 2.02 Cr in Mar'25. The profit after tax also remained negative, with a loss of 1.73 Cr in Mar'25, down from a profit of 7.92 Cr in Mar'22. The company's earnings per share (EPS) have shown a downward trend, reaching -6.07 in Mar'25, compared to a positive EPS of 0.35 in Mar'19. Overall, Katare Spinning has faced significant challenges, leading to declining revenues and persistent losses in recent years.

Should I buy, sell or hold Katare Spinning Mills Ltd?

Why is Katare Spinning Mills Ltd falling/rising?

As of 10-Feb, the stock price of Katare Spinning Mills Ltd is at 99.00, unchanged. The stock has shown mixed performance, with recent gains overshadowed by significant declines over the past year and three years, indicating a bearish trend and declining investor interest.

As of 10-Feb, the stock price of Katare Spinning Mills Ltd is currently at 99.00, showing no change (0.00%). The stock has experienced a mixed performance over various periods. In the last week, it has risen by 1.02%, outperforming the Sensex, which increased by 0.64%. Over the past month, the stock has gained 2.86%, again surpassing the Sensex's 0.83% rise. However, year-to-date, the stock has declined by 9.17%, compared to a smaller drop of 1.11% in the Sensex. <BR><BR>The longer-term performance reveals significant challenges for the stock, with a substantial decline of 48.98% over the past year and a staggering 59.08% drop over the last three years, while the Sensex has increased by 9.01% and 38.88%, respectively. Despite a remarkable increase of 575.77% over the last five years, the recent trends indicate a troubling trajectory.<BR><BR>Today's performance shows that the stock underperformed its sector by 2.83%. Additionally, there has been erratic trading, with the stock not trading on 2 out of the last 20 days. The moving averages indicate that while the stock is above the 5-day and 20-day averages, it remains below the 50-day, 100-day, and 200-day averages, suggesting a bearish trend in the longer term.<BR><BR>Investor participation has also fallen significantly, with delivery volume dropping by 97.06% against the 5-day average, indicating a lack of interest from investors. Although the textile sector has gained by 2.85%, the overall liquidity of the stock remains adequate for trading, but the declining investor participation and underperformance against the sector contribute to the stock's current stagnation in price.

Which are the latest news on Katare Spinning?