Minaxi Textiles

Why is Minaxi Textiles Ltd falling/rising?

As of 04-Aug, Minaxi Textiles Ltd's stock price is rising to 1.42, with a 1.43% increase today and a total return of 7.58% over the last three days. However, despite recent short-term gains, the stock has declined 8.39% over the past month and 19.32% over the past year, indicating potential concerns about sustained investor interest.

As of 04-Aug, Minaxi Textiles Ltd's stock price is rising, currently at 1.42, reflecting a change of 0.02 (1.43%) upward. The stock has shown a positive performance today, outperforming its sector by 0.92%. Additionally, it has been gaining for the last three days, with a total return of 7.58% during this period. <BR><BR>In the context of recent performance, the stock has increased by 2.90% over the past week, which is notably higher than the Sensex's increase of 2.17% during the same timeframe. However, it is important to note that the stock has experienced a decline of 8.39% over the past month and a significant drop of 19.32% over the past year. <BR><BR>Despite these longer-term declines, the current upward movement may be attributed to short-term gains and a recent trend of consecutive increases. However, there is a decline in investor participation, as indicated by a 14.39% drop in delivery volume compared to the five-day average. This suggests that while the stock is rising in the short term, there may be underlying concerns regarding sustained investor interest. Overall, the recent gains are a positive sign, but the stock's longer-term performance remains under pressure.

Which are the latest news on Minaxi Textiles?

How big is Minaxi Textiles?

As of 10th June, Minaxi Textiles Ltd has a market capitalization of 7.00 Cr, with recent net sales of 23.13 Cr and a net profit of 1.78 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Minaxi Textiles Ltd has a market capitalization of 7.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 23.13 Cr, while the sum of Net Profit for the same period is 1.78 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2025, with Shareholder's Funds amounting to 2.32 Cr and Total Assets valued at 18.26 Cr.

Who are in the management team of Minaxi Textiles?

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, overseeing the company's operations and strategic direction.

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>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Minaxi Textiles?

Minaxi Textiles' peers include Peeti Securities, Nivaka Fashions, Prem. Synthetic, and others, with varying management risks and growth rates. Kiran Syntex leads in 1-year returns at 35.35%, while Minaxi Textiles has a return of -23.79%.

Peers: The peers of Minaxi Textiles are Peeti Securities, Nivaka Fashions, Prem. Synthetic, Jagjanani Text., Jayatma Industri, Amraworld Agrico, Kiran Syntex, Supertex Inds., Kakatiya Textile, and Sahaj Fashions.<BR><BR>Quality Snapshot: Average management risk is observed at Peeti Securities, while Below Average management risk is found at Nivaka Fashions, Minaxi Textiles, Prem. Synthetic, Jayatma Industri, Amraworld Agrico, Kiran Syntex, Supertex Inds., and Sahaj Fashions, and the rest. Growth is Below Average for Nivaka Fashions, Minaxi Textiles, Prem. Synthetic, Jayatma Industri, Amraworld Agrico, Supertex Inds., and Sahaj Fashions, while Kiran Syntex shows Average growth, and the rest. Capital Structure is Good at Peeti Securities and Nivaka Fashions, while Below Average is noted for Minaxi Textiles, Prem. Synthetic, Jayatma Industri, Amraworld Agrico, Kiran Syntex, Supertex Inds., and Sahaj Fashions, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kiran Syntex at 35.35%, while Nivaka Fashions has the lowest at -78.24%, with Minaxi Textiles’ own 1-year return at -23.79% being higher than Nivaka Fashions but lower than Kiran Syntex. Additionally, several peers, including Nivaka Fashions, Prem. Synthetic, Jayatma Industri, Amraworld Agrico, Supertex Inds., Kakatiya Textile, and Sahaj Fashions, have negative six-month returns.

What does Minaxi Textiles do?

Minaxi Textiles Ltd is an Indian public textile company that weaves synthetic grey cloth for suiting and shirting and supplies uniforms to government entities. As of March 2026, it reported net sales of 6 Cr and a market cap of 7 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, as well as supplying uniforms to government and semi-government departments, 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 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 6 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 7 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 4.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.91 <BR>Return on Equity: 42.38% <BR>Price to Book: 1.71 <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

Are Minaxi Textiles Ltd latest results good or bad?

Minaxi Textiles Ltd's latest Q4 FY26 results show a positive turnaround with a net profit of ₹0.37 crores and a 37.69% increase in revenue, marking a return to profitability. However, the company still faces challenges due to a high debt burden with a debt-to-equity ratio of 3.07x, indicating potential risks to its financial stability.

Minaxi Textiles Ltd's latest results for Q4 FY26 indicate a positive turnaround for the company. The net profit reached ₹0.37 crores, marking a return to profitability after two consecutive quarters of losses. This is a significant improvement compared to the previous quarter, where the company reported a loss of ₹0.25 crores.<BR><BR>Additionally, the company experienced a robust revenue growth of 37.69% quarter-on-quarter, with net sales rising to ₹6.21 crores. The operating margin also improved significantly to 13.20%, the best performance in the last five quarters.<BR><BR>However, it's important to note that despite this positive quarter, Minaxi Textiles faces challenges, particularly with its high debt burden, which stands at a debt-to-equity ratio of 3.07x. This indicates a high level of financial leverage, which could pose risks to its future stability and growth.<BR><BR>In summary, while the latest results show a strong recovery in profitability and revenue growth, the underlying issues related to debt and inconsistent performance in previous quarters suggest that caution is warranted when evaluating the company's overall financial health.

Should I buy, sell or hold Minaxi Textiles Ltd?

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.

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.

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.

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.

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.

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.