Minaxi Textiles

how big is Minaxi Textiles?

As of Jun 06, Minaxi Textiles Ltd has a market capitalization of 11.00 Cr, classifying it as a Micro Cap company, with recent net sales of 28.89 Cr and a net profit of -0.54 Cr over the last four quarters. Shareholder's funds are 2.79 Cr, and total assets amount to 22.09 Cr as of Mar'24.

Market Cap: As of Jun 06, Minaxi Textiles Ltd has a market capitalization of 11.00 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 28.89 Cr. The sum of Net Profit for the same period is -0.54 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 2.79 Cr, while Total Assets amount to 22.09 Cr.

Who are in the management team of Minaxi Textiles?

As of March 2022, the management team of Minaxi Textiles includes Bharatbhai P Patel (Director), Dineshbhai P Patel (Managing Director), Kiritkumar S Patel (Chairperson & Whole Time Director), and several independent and non-executive directors, including Jashwant Kumar K Patel and Snehalkumar Rajendrakumar Patel. Each member contributes to the company's governance structure.

As of March 2022, the management team of Minaxi Textiles includes the following individuals:<BR><BR>1. Bharatbhai P Patel - Director<BR>2. Jashwant Kumar K Patel - Non-Executive & Independent Director<BR>3. Dineshbhai P Patel - Managing Director<BR>4. Vasudevbhai L Patel - Non-Executive & Independent Director<BR>5. Kiritkumar S Patel - Chairperson & Whole Time Director<BR>6. Sweta Bhartbhai Patel - Director<BR>7. Snehalkumar Rajendrakumar Patel - Independent Director<BR>8. Chirag Nalinbhai Shah - Independent Director<BR><BR>Each member plays a distinct role within the company’s governance structure.

What does Minaxi Textiles do?

Minaxi Textiles Ltd is an India-based public textile company that weaves synthetic grey cloth for suiting and shirting. As of March 2025, it reported net sales of 6 Cr and a net profit of 1 Cr, with a market cap of Rs 11 Cr.

Overview:<BR>Minaxi Textiles Ltd is an India-based public limited textile company engaged in the weaving of synthetic grey cloth for suiting and shirting, operating within the Garments & Apparels industry and classified as a Micro Cap.<BR><BR>History:<BR>Minaxi Textiles Ltd was incorporated on March 14, 1995, transitioning from a partnership to a public limited company. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 6 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 11 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: 8.21 <BR>Return on Equity: -27.00% <BR>Price to Book: 5.21<BR><BR>Contact Details:<BR>Address: Pl No 3311 GIDC Phase IV, Chhatral Taluka Karol Gandhinagar Gujarat : 382729 <BR>Tel: 91-2764-234008 <BR>Email: minaxitx@yahoo.com <BR>Website: http://www.minaxitextiles.com

Has Minaxi Textiles declared dividend?

Minaxi Textiles Ltd has declared a 7% dividend, amounting to 0.07 per share, with an ex-date of September 20, 2007. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly over different periods.

Minaxi Textiles Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.07<BR>- Ex-date: 20 Sep 07<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -14.63%, the dividend return was 0%, resulting in a total return of -14.63%.<BR><BR>In the 1-year period, the price return was -12.5%, the dividend return was 0%, leading to a total return of -12.5%.<BR><BR>For the 2-year period, the price return was 36.36%, with a dividend return of 0%, culminating in a total return of 36.36%.<BR><BR>During the 3-year period, the price return was -22.51%, the dividend return was 0%, resulting in a total return of -22.51%.<BR><BR>In the 4-year period, the price return was 138.64%, with a dividend return of 0%, leading to a total return of 138.64%.<BR><BR>For the 5-year period, the price return was 650.0%, the dividend return was 0%, culminating in a total return of 650.0%.<BR><BR>Overall, while Minaxi Textiles Ltd has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant fluctuations, with a notable increase in returns over the longer term, particularly in the 4 and 5-year periods.

Who are the peers of the Minaxi Textiles?

Minaxi Textiles' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Davin Sons Reta, Sheshadri Indus., Shree Mfg. Co., and RLF. Management risk varies from excellent at some peers to below average for Minaxi Textiles, which has a 1-year return of -15.29%, better than Vedant Fashions but lower than Page Industries' 26.58%.

Peers: The peers of Minaxi Textiles are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Davin Sons Reta, Sheshadri Indus., Shree Mfg. Co., and RLF.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, Vedant Fashions, and Davin Sons Reta, while Good management risk is found at Trent. Average management risk is noted at Trident, and Below Average management risk is seen at Minaxi Textiles and RLF. Growth is Excellent for Davin Sons Reta, Good for K P R Mill Ltd, and Below Average for Page Industries, Vedant Fashions, Trent, and the rest. Capital Structure is Excellent for Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good is noted for Trident, and Below Average for Minaxi Textiles and RLF.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Vedant Fashions at -24.65%. Minaxi Textiles has a 1-year return of -15.29%, which is higher than Vedant Fashions but lower than Page Industries. Additionally, the six-month return is negative for Trent, Vedant Fashions, Trident, and RLF.

What is the technical trend for Minaxi Textiles?

As of April 9, 2025, Minaxi Textiles shows a mildly bearish trend overall, influenced by daily moving averages and mixed signals from MACD and KST, despite some bullish indicators on the weekly chart.

As of 9 April 2025, the technical trend for Minaxi Textiles has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish signal on the weekly chart but a mildly bearish signal on the monthly chart. The KST is bullish on the weekly but mildly bearish on the monthly, and Dow Theory indicates a mildly bullish trend on the weekly with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and KST.

Who are the top shareholders of the Minaxi Textiles?

The top shareholder of Minaxi Textiles is Kiritkumar Patel, with an 18.53% stake, while the Minaxi Textiles Limited Unclaimed Suspense Account holds 2.58%. Individual investors own 54.46% of the company, with no institutional holdings or pledged promoter shares.

The top shareholders of Minaxi Textiles include Kiritkumar Patel, who holds the largest stake at 18.53%. Additionally, the highest public shareholder is the Minaxi Textiles Limited Unclaimed Suspense Account, which has a holding of 2.58%. Individual investors collectively own 54.46% of the company. Notably, there are no institutional holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

When is the next results date for Minaxi Textiles?

Minaxi Textiles will declare its results on 12 August 2025.

Minaxi Textiles will declare its results on 12 August 2025.

Is Minaxi Textiles overvalued or undervalued?

As of November 17, 2025, Minaxi Textiles is fairly valued with a PE ratio of 4.35 and an EV to EBITDA of 14.84, but remains undervalued compared to peers like K P R Mill Ltd and Trident, while underperforming the Sensex with a year-to-date return of -24.89%.

As of 17 November 2025, the valuation grade for Minaxi Textiles has moved from attractive to fair, suggesting a reassessment of its market position. The company is currently fairly valued. Key ratios include a PE ratio of 4.35, an EV to EBITDA of 14.84, and a ROE of 47.41%. <BR><BR>When compared to peers, Minaxi Textiles' PE ratio is significantly lower than K P R Mill Ltd, which is very expensive at 44.24, and Trident, which is attractive at 32.69. This indicates that while Minaxi Textiles may be fairly valued, it remains undervalued relative to its peers in the garments and apparels industry. Notably, the company has underperformed compared to the Sensex, with a year-to-date return of -24.89% versus the Sensex's 8.72%, reinforcing the notion of its current valuation status.

How has been the historical performance of Minaxi Textiles?

Minaxi Textiles has faced fluctuating financial performance, with net sales declining from INR 34.29 crore in March 2024 to INR 28.88 crore in March 2025, and ongoing losses reflected in negative profits and EPS. Despite a slight recovery in operating profit, the company continues to struggle with declining revenues and financial difficulties.

Answer:<BR>The historical performance of Minaxi Textiles shows a fluctuating trend in its financial metrics over the years, with significant challenges in recent periods.<BR><BR>Breakdown:<BR>Minaxi Textiles experienced a decline in net sales from INR 34.29 crore in March 2024 to INR 28.88 crore in March 2025, following a peak of INR 44.38 crore in March 2019. The total operating income also decreased, reflecting a similar trend. Raw material costs rose to INR 24.79 crore in March 2025 from INR 30.57 crore in March 2024, while total expenditure decreased to INR 28.03 crore. Operating profit, however, showed a slight recovery to INR 0.85 crore in March 2025 from a loss of INR 2.83 crore in March 2024. Despite this, the company reported a profit before tax of -0.69 crore and a profit after tax of -0.53 crore in March 2025, indicating ongoing financial difficulties. The earnings per share (EPS) also remained negative at -0.11 in March 2025, down from -0.63 in March 2024. On the balance sheet, total liabilities decreased to INR 18.26 crore in March 2025 from INR 22.09 crore in March 2024, while total assets also fell to INR 18.26 crore. The book value per share adjusted to 0.47 in March 2025, down from 0.57 in March 2024. Cash flow from operating activities was INR 3.00 crore in March 2025, with financing activities showing a cash outflow of -4.00 crore. Overall, the financial performance of Minaxi Textiles reflects a challenging environment with declining revenues and persistent losses.

Should I buy, sell or hold Minaxi Textiles Ltd?

Are Minaxi Textiles Ltd latest results good or bad?

Minaxi Textiles Ltd's latest results are concerning, showing a 9.86% year-on-year decline in net sales and a net loss of ₹0.17 crores, raising serious questions about its financial stability and sustainability due to high debt and operational challenges.

Minaxi Textiles Ltd's latest results are concerning. In the September 2025 quarter, the company reported a net sales decline of 9.86% year-on-year, totaling ₹7.04 crores. While there was a sequential improvement of 31.10% from the previous quarter, the overall trend indicates persistent operational challenges.<BR><BR>The company faced a significant profitability collapse, swinging to a net loss of ₹0.17 crores in Q2 FY26 from a profit of ₹1.83 crores in the previous quarter. This volatility in profitability raises serious concerns about its financial stability. The operating margin, although improved to 3.41% from a negative margin in the prior quarter, remains weak compared to industry standards.<BR><BR>Moreover, the company's high debt burden, with a debt-to-equity ratio of 3.07 times, exacerbates its financial challenges. The absence of institutional support and a deteriorating balance sheet further suggest that the outlook for Minaxi Textiles is unfavorable. Overall, the results reflect significant weaknesses that could jeopardize the company's sustainability and raise red flags for both existing shareholders and potential investors.

Why is Minaxi Textiles Ltd falling/rising?

As of 16-Mar, Minaxi Textiles Ltd's stock price is declining, currently at 1.49, with a total drop of -21.16% over the past year. The stock is underperforming its sector and has seen decreased investor interest, compounded by high debt and poor long-term growth prospects.

As of 16-Mar, Minaxi Textiles Ltd's stock price is falling, currently at 1.49, reflecting a change of -0.04 or -2.61%. The stock has been on a downward trend, having fallen for the last two days and experiencing a total decline of -3.87% over this period. This underperformance is evident as the stock has also underperformed its sector by -1.26% today.<BR><BR>In terms of broader performance, the stock has generated a return of -21.16% over the past year, significantly lagging behind the market, which has seen a return of 5.94% in the same timeframe. Additionally, the stock's performance over the last month shows a decline of -3.87%, while the benchmark Sensex has dropped by -9.34%, indicating that the stock has not only been falling but has also been relatively resilient compared to the market.<BR><BR>Investor participation has decreased, with delivery volume dropping by -58.87% compared to the 5-day average, suggesting a lack of interest from investors. Furthermore, the stock is trading below its 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend.<BR><BR>The company's financial health is also a concern, characterized by high debt with a Debt to Equity ratio of 3.63 times and poor long-term growth, as indicated by an annual operating profit decline of -11.30% over the last five years. Despite a significant increase in profits of 173.1%, the stock's overall return remains negative, contributing to its perception as a strong sell. These factors collectively explain the current decline in Minaxi Textiles Ltd's stock price.

Which are the latest news on Minaxi Textiles?