Maris Spinners

Why is Maris Spinners Ltd falling/rising?

As of 11-Aug, Maris Spinners Ltd's stock price is currently at 33.72, reflecting a decline of -2.15%. Despite recent gains over the past week and month, the stock is experiencing a short-term negative trend, influenced by a year-over-year decline and current investor sentiment.

As of 11-Aug, Maris Spinners Ltd's stock price is falling, currently at 33.72, which reflects a change of -0.74 or -2.15%. The stock has underperformed its sector by 0.27% today and has been on a consecutive decline for the last two days, resulting in a total drop of -2.06% during this period. <BR><BR>Despite a strong performance over the past week and month, where the stock has increased by 7.39% and 23.07% respectively, the recent downturn indicates a short-term negative trend. Additionally, while the stock is trading above its moving averages across various time frames, the recent consecutive falls suggest a loss of momentum. <BR><BR>Furthermore, the stock's performance over the past year shows a decline of -8.82%, which may contribute to investor sentiment impacting the current price. Although there has been a significant increase in delivery volume, rising by 557.52% against the 5-day average, this has not translated into positive price movement today. Overall, the combination of recent performance trends and investor sentiment appears to be driving the stock's current decline.

Which are the latest news on Maris Spinners?

Should I buy, sell or hold Maris Spinners Ltd?

How big is Maris Spinners?

As of 10th June, Maris Spinners Ltd has a market capitalization of 25.00 Cr and reported net sales of 168.37 Cr with a net loss of 1.47 Cr over the latest four quarters. Shareholder's funds are valued at 19.84 Cr, and total assets amount to 122.21 Cr.

As of 10th June, Maris Spinners Ltd has a market capitalization of 25.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Maris Spinners reported net sales of 168.37 Cr. However, the company experienced a net loss of 1.47 Cr during this period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's funds are valued at 19.84 Cr, while total assets amount to 122.21 Cr.

Who are in the management team of Maris Spinners?

The management team of Maris Spinners includes Anand Kumar Rengaswamy (Managing Director), T Jayaraman, T Raghuraman, Ananthakumar Dhamayanthi, A Harigovind (CFO), Aditya Raghuraman, and independent directors S Kalyanaraman, S Swaminathan, and Parag Harkishon Udani, who oversee the company's strategic direction and management.

The management team of Maris Spinners includes the following individuals:<BR><BR>1. Anand Kumar Rengaswamy - Executive Director, Managing Director, and Promoter<BR>2. T Jayaraman - Executive Director<BR>3. T Raghuraman - Executive Director<BR>4. Ananthakumar Dhamayanthi - Executive Director<BR>5. A Harigovind - Executive Director, Whole-Time Director, Chief Financial Officer, and Promoter<BR>6. Aditya Raghuraman - Whole-Time Director and Executive Director<BR>7. S Kalyanaraman - Independent Non-Executive Director<BR>8. S Swaminathan - Independent Non-Executive Director<BR>9. Parag Harkishon Udani - Independent Non-Executive Director<BR><BR>This team is responsible for the strategic direction and management of the company.

Who are the peers of the Maris Spinners?

Maris Spinners' peers include Pasupati Spinng., Aditya Spinners, Prakash Woollen, Khoobsurat Ltd, Davin Sons Reta, Morarjee Text., Mahalaxmi Fab., Laxmi Cotspin, and Vaxtex Cotfab. Davin Sons Reta leads in 1-year returns at 94.03%, while Maris Spinners has a return of -15.44%.

Peers: The peers of Maris Spinners are Pasupati Spinng., Aditya Spinners, Prakash Woollen, Khoobsurat Ltd, Davin Sons Reta, Morarjee Text., Mahalaxmi Fab., Laxmi Cotspin, and Vaxtex Cotfab.<BR><BR>Quality Snapshot: Excellent management risk is observed at Davin Sons Reta, while Average management risk is found at Prakash Woollen, Morarjee Text., and the rest. Below Average management risk is noted at Pasupati Spinng., Aditya Spinners, Maris Spinners, Khoobsurat Ltd, Mahalaxmi Fab., Laxmi Cotspin, and Vaxtex Cotfab. Growth is Good at Mahalaxmi Fab., Below Average at Pasupati Spinng., Aditya Spinners, and the rest, while Average growth is seen at Prakash Woollen and Morarjee Text. Capital Structure is Average at Davin Sons Reta, Below Average at Pasupati Spinng., Aditya Spinners, Maris Spinners, Prakash Woollen, Morarjee Text., Mahalaxmi Fab., Laxmi Cotspin, and Vaxtex Cotfab, and Khoobsurat Ltd does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Davin Sons Reta at 94.03%, while the lowest is Aditya Spinners at -29.14%. Maris Spinners has a 1-year return of -15.44%, which is better than Aditya Spinners but worse than Davin Sons Reta. Additionally, the six-month return is negative for Pasupati Spinng., Aditya Spinners, Mahalaxmi Fab., and Vaxtex Cotfab.

What does Maris Spinners do?

Maris Spinners Ltd manufactures 100% cotton yarns and operates in the Garments & Apparels industry as a Micro Cap company. As of March 2026, it reported net sales of 46 Cr and a market cap of INR 25 Cr.

Overview: <BR>Maris Spinners Ltd is engaged in the manufacturing of 100% Cotton Yarns and operates within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History: <BR>Maris Spinners Ltd was incorporated as a Private Limited Company on 18 September 1979. It became Deemed Public in 1994 and transitioned to a Public Limited Company in 1995. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 46 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 25 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: N/A <BR>- Industry P/E: 52 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: 3.44 <BR>- Return on Equity: -7.98% <BR>- Price to Book: 1.35 <BR><BR>Contact Details: <BR>Address: 11 Cathedral Road, Chennai, Tamil Nadu: 600086 <BR>Tel: 91-044-28115910/12/18 <BR>Email: msl@vsnl.com <BR>Website: http://www.maris.co.in

Are Maris Spinners Ltd latest results good or bad?

Maris Spinners Ltd's latest results show a mixed performance, with a return to profitability and revenue growth, but concerns remain due to a low net profit margin, high reliance on other income, and a significant debt-to-equity ratio. Overall, while there are positive signs, substantial operational challenges and financial risks persist.

Maris Spinners Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.33 crore in Q4 FY26, a significant improvement from a loss of ₹0.83 crore in the previous quarter. This marks a positive turnaround, indicating that the company has returned to nominal profitability.<BR><BR>Additionally, the company experienced a revenue growth of 11.32% quarter-over-quarter, reaching net sales of ₹45.91 crores. The operating margin also improved to 5.45%, up from 2.35% in the previous quarter, which is a positive sign of operational traction.<BR><BR>However, despite these improvements, there are significant concerns. The net profit margin remains very low at just 0.72%, and the company heavily relies on other income, which constituted a staggering 355.26% of profit before tax. This raises questions about the sustainability of its core business operations. Furthermore, the debt-to-equity ratio stands at a high 3.71x, indicating excessive leverage and financial stress.<BR><BR>Overall, while there are some positive indicators in the latest results, the underlying operational challenges and high leverage suggest that the company is still struggling with fundamental issues. Therefore, the results can be viewed as a cautious improvement, but significant risks remain.

How has been the historical performance of Maris Spinners?

Maris Spinners has shown fluctuating financial performance, with net sales increasing to 169.01 Cr in March 2025, but still facing challenges in profitability, reporting a loss of 1.26 Cr after tax. While operating profit improved to 14.86 Cr, total liabilities and assets both decreased, indicating ongoing operational challenges.

Answer:<BR>The historical performance of Maris Spinners shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Maris Spinners reported net sales of 169.01 Cr for the year ending March 2025, reflecting an increase from 160.65 Cr in March 2024 and 146.80 Cr in March 2023. However, total operating income decreased slightly to 169.01 Cr in March 2025 from 171.97 Cr in March 2022. The company's total expenditure, excluding depreciation, was 163.83 Cr in March 2025, down from 165.54 Cr in March 2024. Operating profit (PBDIT) for March 2025 was 14.86 Cr, a recovery from a loss of 4.89 Cr in March 2024, but significantly lower than the 31.09 Cr reported in March 2022. The profit before tax showed a loss of 1.65 Cr in March 2025, improving from a loss of 13.27 Cr in March 2024. In terms of profitability, the profit after tax was -1.26 Cr in March 2025, compared to -9.13 Cr in March 2024. The company's total liabilities decreased to 122.21 Cr in March 2025 from 126.28 Cr in March 2024, while total assets also declined to 122.21 Cr in March 2025 from 126.28 Cr in March 2024. The cash flow from operating activities improved to 14.00 Cr in March 2025, up from 4.00 Cr in March 2024, indicating better operational efficiency. Overall, while Maris Spinners has shown some recovery in sales and operating profit, it continues to face challenges in profitability and asset management.

How has been the historical performance of Maris Spinners?

Maris Spinners has shown fluctuating financial performance, with net sales increasing to 169.01 Cr in Mar'25, while operating profit recovered to 14.86 Cr. Despite challenges in profitability, there are signs of recovery in sales and cash flow generation.

Answer:<BR>The historical performance of Maris Spinners shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Maris Spinners' net sales increased from 160.65 Cr in Mar'24 to 169.01 Cr in Mar'25, following a rise from 146.80 Cr in Mar'23. However, total operating income decreased from 171.97 Cr in Mar'22 to 169.01 Cr in Mar'25. The company's total expenditure, excluding depreciation, was 163.83 Cr in Mar'25, slightly down from 165.54 Cr in Mar'24. Operating profit (PBDIT) saw a significant recovery to 14.86 Cr in Mar'25 from a loss of 4.89 Cr in Mar'24, although it was lower than the 31.09 Cr recorded in Mar'22. Profit before tax improved to -1.65 Cr in Mar'25 from -13.27 Cr in Mar'24, while profit after tax also showed a similar trend, moving from -9.13 Cr in Mar'24 to -1.26 Cr in Mar'25. The company's total assets decreased from 126.28 Cr in Mar'24 to 122.21 Cr in Mar'25, and total liabilities also fell slightly from 126.28 Cr to 122.21 Cr. Cash flow from operating activities improved to 14.00 Cr in Mar'25 from 4.00 Cr in Mar'24, indicating a positive trend in cash generation. Overall, while Maris Spinners faced challenges in profitability, there were signs of recovery in sales and operating profit in the latest fiscal year.

Who are the top shareholders of the Maris Spinners?

The top shareholders of Maris Spinners include promoter Harigovind with 20.72% ownership, followed by public shareholder Rajesh Nathmal Kabra at 1.92%. Individual investors hold a combined 23.4%, with no holdings from mutual funds or foreign institutional investors.

The top shareholders of Maris Spinners include the promoters, who are the majority shareholders. The promoter with the highest holding is Harigovind, who owns 20.72% of the company. Additionally, the highest public shareholder is Rajesh Nathmal Kabra, holding 1.92%. Individual investors collectively hold 23.4% of the shares. There are currently no holdings by mutual funds or foreign institutional investors (FIIs).

Is Maris Spinners overvalued or undervalued?

As of April 25, 2023, Maris Spinners is considered risky and overvalued due to its negative PE ratio of -23.35, high EV to EBITDA ratio of 20.82, and a low ROCE of -1.50%, especially when compared to peers like K P R Mill Ltd and Trident.

As of 25 April 2023, the valuation grade for Maris Spinners has moved from does not qualify to risky. The company appears to be overvalued given its negative PE ratio of -23.35 and a high EV to EBITDA ratio of 20.82. Additionally, the return on capital employed (ROCE) stands at -1.50%, indicating inefficiency in generating returns from capital. <BR><BR>When compared to peers, Maris Spinners shows significant discrepancies; for instance, K P R Mill Ltd is categorized as very expensive with a PE ratio of 47.51, while Trident is considered fair with a PE of 42.6. The overall assessment suggests that Maris Spinners is overvalued in the current market context, especially as it has underperformed against the Sensex over the longer term, despite a recent uptick in stock performance.

What is the technical trend for Maris Spinners?

As of June 2, 2025, Maris Spinners shows a mildly bearish trend based on daily moving averages, while longer-term indicators present mixed signals, indicating short-term strength but overall weakness.

As of 2 June 2025, the technical trend for Maris Spinners has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and KST are mildly bullish, suggesting some short-term strength. However, the monthly Bollinger Bands and KST are bearish, indicating weakness in the longer term. The RSI shows no signal in both weekly and monthly time frames, reflecting indecision. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the longer-term indicators.

When is the next results date for Maris Spinners?

No Upcoming Board Meetings

Has Maris Spinners declared dividend?

Maris Spinners Ltd has declared a 10% dividend, amounting to 1 per share, but the dividend yield is 0%. Total returns have varied significantly, with a notable 523.75% return over the past 5 years, despite negative returns in shorter periods.

Maris Spinners Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 13 Sep 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -5.12%, the dividend return was 0%, resulting in a total return of -5.12%.<BR><BR>For the 1 year period, the price return was 5.86%, the dividend return was 0%, leading to a total return of 5.86%.<BR><BR>Over the 2 years period, the price return was -8.2%, the dividend return was 0%, which resulted in a total return of -8.2%.<BR><BR>In the 3 years period, the price return was -47.26%, the dividend return was 1.62%, culminating in a total return of -45.64%.<BR><BR>During the 4 years period, the price return was -17.95%, the dividend return was 4.78%, resulting in a total return of -13.17%.<BR><BR>For the 5 years period, the price return was 493.9%, the dividend return was 29.85%, leading to a total return of 523.75%.<BR><BR>Overall, Maris Spinners Ltd has declared a dividend but the dividend yield remains at 0%. The total returns show significant volatility, particularly with a large positive return over the 5-year period, contrasting with negative returns in shorter periods.