Katare Spinning

Which are the latest news on Katare Spinning?

Why is Katare Spinning Mills Ltd falling/rising?

As of 05-Sep, Katare Spinning Mills Ltd's stock price is at 100.00, showing a recent upward trend despite a weekly decline. Increased investor participation and outperformance against the Sensex indicate growing interest, although the stock remains below its moving averages, suggesting potential weaknesses.

As of 05-Sep, Katare Spinning Mills Ltd's stock price is rising, currently at 100.00, with a change of 1.85 (1.88%) upward. Despite a recent decline of 2.31% over the past week, the stock has shown a positive performance of 3.09% over the past month, outperforming the benchmark Sensex, which fell by 2.44% during the same period. <BR><BR>Today's trading activity indicates that the stock has not fluctuated from its opening price of 100, suggesting stability at this level. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 151.27% compared to the 5-day average, which may indicate growing interest among investors. However, it is important to note that the stock is currently trading below its moving averages across various time frames, which could suggest underlying weaknesses. <BR><BR>Overall, the combination of a recent uptick in price, improved investor participation, and outperformance against the sector today contributes to the stock's rising trend.

Who are in the management team of Katare Spinning?

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

The management team of Katare Spinning includes the following individuals:<BR><BR>1. **K T Katare** - Managing Director<BR>2. **Vidyavati K Katare** - Non-Executive Director<BR>3. **U M Mahindrakar** - Non-Executive Director<BR>4. **Prakash Venkappa Joti** - Non-Executive & Independent Director<BR>5. **Vilas Ramakant Shendge** - Non-Executive & Independent Director<BR>6. **Bhagyashree Rawani** - Company Secretary & Compliance Officer<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does Katare Spinning do?

Katare Spinning Mills Ltd is a micro-cap company based in Solapur, Maharashtra, specializing in the manufacture of cotton and synthetic yarn. As of June 2026, it reported net sales of 1 Cr and a net profit of 0 Cr, with a market cap of INR 29 Cr.

Overview:<BR>Katare Spinning Mills Ltd is a micro-cap company in the Garments & Apparels industry that manufactures textiles, including cotton and synthetic yarn.<BR><BR>History:<BR>Incorporated on August 8, 1980, in Solapur, Maharashtra, Katare Spinning Mills Ltd has been engaged in spinning and cotton blending operations. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 29 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.03<BR>- Return on Equity: -1.87%<BR>- Price to Book: 0.26<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

Who are the peers of the Katare Spinning?

Katare Spinning's peers include Maris Spinners, Spenta Intl., Swasti Vinayaka, Valson Industrie, Classic Filament, Gujarat Cotex, Gem Spinners, Tusaldah, and Sparkle GoldRock. Classic Filament leads in 1-year returns at 114.22%, while Katare Spinning's return is -22.79%.

Peers: The peers of Katare Spinning are Maris Spinners, Spenta Intl., Swasti Vinayaka, Valson Industrie, Classic Filament, Gujarat Cotex, Gem Spinners, Tusaldah, and Sparkle GoldRock.<BR><BR>Quality Snapshot: Below Average management risk is observed at Maris Spinners, Valson Industrie, Gujarat Cotex, and Tusaldah, while Average management risk is found at Spenta Intl. and Swasti Vinayaka. Classic Filament and Gem Spinners do not qualify for management risk assessment. Below Average growth is noted for Maris Spinners, Spenta Intl., Swasti Vinayaka, Valson Industrie, Gujarat Cotex, and Tusaldah, while Classic Filament and Gem Spinners do not qualify for growth assessment. Good capital structure is present at Swasti Vinayaka, while Below Average capital structure is seen at Maris Spinners, Spenta Intl., Valson Industrie, Gujarat Cotex, and Tusaldah, with Classic Filament and Gem Spinners not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Classic Filament at 114.22%, while Swasti Vinayaka has the lowest at -37.74%. Katare Spinning's 1-year return of -22.79% is better than Swasti Vinayaka's but worse than Classic Filament's. Additionally, the six-month returns are negative for Gujarat Cotex, Tusaldah, and Sparkle GoldRock.

How big is Katare Spinning?

As of 31st August, Katare Spinning Mills Ltd has a market capitalization of 29.00 Cr, with recent net sales of 2.85 Cr and a net loss of 2.13 Cr. Shareholder's funds were 0.96 Cr, and total assets were valued at 28.05 Cr as of March 2021.

As of 31st August, Katare Spinning Mills Ltd has a market capitalization of 29.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Katare Spinning reported Net Sales of 2.85 Cr. However, it experienced a loss of 2.13 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2021, where Shareholder's Funds amounted to 0.96 Cr and Total Assets were valued at 28.05 Cr.

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.