Katare Spinning

Which are the latest news on Katare Spinning?

Why is Katare Spinning Mills Ltd falling/rising?

As of 25-Jul, the stock price of Katare Spinning Mills Ltd is at 104.90, showing no change from the previous session. Despite recent gains, erratic trading and decreased investor participation indicate potential challenges ahead.

As of 25-Jul, the stock price of Katare Spinning Mills Ltd is currently at 104.90, with no change from the previous trading session. The stock has shown some positive movement recently, with a weekly increase of 3.10% and a monthly increase of 4.38%, outperforming the Sensex, which has declined by 2.68% and 1.21% over the same periods, respectively. <BR><BR>Today, the stock opened with a gain of 4.59% and reached an intraday high of Rs 104.90. However, despite this positive performance today, there are indications of erratic trading, as the stock did not trade on 2 out of the last 20 days. Additionally, there has been a significant drop in investor participation, with delivery volume on 21 July falling by 79.62% compared to the 5-day average. <BR><BR>While the stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, which may indicate some underlying weakness. Furthermore, the textile sector has experienced a decline of 3.02%, which could be impacting investor sentiment. <BR><BR>Overall, while there are short-term gains reflected in the stock's recent performance, the combination of erratic trading patterns, decreased investor participation, and sector-wide declines suggests that the stock may face challenges moving forward.

How big is Katare Spinning?

As of 10th June, Katare Spinning Mills Ltd has a market capitalization of 28.00 Cr, with recent net sales of 2.79 Cr and a net profit loss of 2.16 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Katare Spinning Mills Ltd has a market capitalization of 28.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2.79 Cr, while the sum of Net Profit for the same period reflects a loss of 2.16 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2021, with Shareholder's Funds amounting to 0.96 Cr and Total Assets valued at 28.05 Cr.

Who are in the management team of Katare Spinning?

The management team of Katare Spinning includes Vidyavati K Katare (Non-Executive Director), U M Mahindrakar (Non-Executive Director), Prakash Venkappa Joti (Non-Executive & Independent Director), K T Katare (Managing Director), Vilas Ramakant Shendge (Non-Executive & Independent Director), and Bhagyashree Rawani (Company Secretary & Compliance Officer).

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>If you have any more questions about the company or its management, feel free to ask!

Who are the peers of the Katare Spinning?

Katare Spinning's peers include Angel Fibers, Super Spinning, Sparkle GoldRock, Hindoo Mills, Pasupati Spinning, Spenta International, Paramount Dye, Signoria Creatio, and Vaxtex Cotfab. Most peers exhibit below average management risk and growth, with Katare Spinning's 1-year return at -41.52%, better than Super Spinning's -49.77% but worse than Rishabh Sp. Yarn's 1.83%.

Peers: The peers of Katare Spinning are Angel Fibers, Super Spinning, Sparkle GoldRock, Hindoo. Mills, Pasupati Spinng., Spenta Intl., Paramount Dye, Signoria Creatio, and Vaxtex Cotfab.<BR><BR>Quality Snapshot: Below Average management risk is observed at Angel Fibers, Super Spinning, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Sparkle GoldRock, and Vaxtex Cotfab, while Average management risk is found at Spenta Intl. and Paramount Dye. Good management risk is noted at Signoria Creatio, with Excellent growth at Sparkle GoldRock and Signoria Creatio, while Below Average growth is seen at Angel Fibers, Super Spinning, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Spenta Intl., and Vaxtex Cotfab. Average capital structure is present at Sparkle GoldRock and Signoria Creatio, while Below Average capital structure is noted at Angel Fibers, Super Spinning, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Spenta Intl., and Vaxtex Cotfab, with Good capital structure at Paramount Dye.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rishabh Sp. Yarn at 1.83%, while the peer with the lowest is Super Spinning at -49.77%. Katare Spinning's 1-year return is -41.52%, which is better than Super Spinning but worse than Rishabh Sp. Yarn. Additionally, the six-month returns are negative for Super Spinning, Sparkle GoldRock, Hindoo. Mills, Pasupati Spinng., Spenta Intl., and Vaxtex Cotfab.

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 2026, it reported net sales of 1 Cr and a net loss of 1 Cr, with a market cap of INR 28 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 Limited was incorporated on August 8, 1980, in Solapur, Maharashtra. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 28 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: -1.90% <BR>Price to Book: 0.25<BR><BR>Contact Details:<BR>Address: Kamala, 259 Sakhar Peth Solapur Maharashtra : 413005 <BR>Phone: 91-0217-2623981/2628581 <BR>Email: katarespinningmills@gmail.com <BR>Website: http://www.katarespinningmillslimited.com

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

Are Katare Spinning Mills Ltd latest results good or bad?

Katare Spinning Mills Ltd's latest results are concerning, showing a net loss of ₹1.28 crores in Q4 FY26, a 197.67% increase in losses year-on-year, and a 29.50% drop in revenue. The company's severe operational distress and negative margins suggest a bleak outlook, warranting caution for investors.

Katare Spinning Mills Ltd's latest results are quite concerning. In Q4 FY26, the company reported a net loss of ₹1.28 crores, which represents a staggering increase of 197.67% in losses year-on-year. Revenue also fell significantly, down 29.50% year-on-year to just ₹0.98 crores. The operating margin was severely negative at -72.45%, indicating that the company is losing ₹0.72 for every rupee of revenue generated.<BR><BR>The overall financial performance reflects deep operational distress, with the company experiencing a catastrophic decline in revenue and profitability metrics. The situation is compounded by a history of fluctuating sales and ongoing operational inefficiencies. Given these results, the outlook for Katare Spinning Mills appears bleak, and it is advisable for investors to approach this stock with caution.

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.

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.

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

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.