Key Events This Week
May 18: Stock opens at Rs.36.25, up 2.90% despite Sensex decline
May 19: Q4 FY26 results reveal deepening losses; stock plunges 10.40%
May 20: Flat quarterly performance with margin gains reported; stock falls 12.75%
May 21: Downgrade to Strong Sell announced; stock declines 2.22%
May 22: Stock rebounds 8.05% to close at Rs.29.94

Sri Nachammai Cotton Mills Ltd Downgraded to Strong Sell Amidst Financial and Technical Weakness
2026-05-21 08:14:08Sri Nachammai Cotton Mills Ltd, a micro-cap player in the Garments & Apparels sector, has seen its investment rating downgraded from Sell to Strong Sell as of 20 May 2026. This shift reflects a combination of flat financial performance, deteriorating valuation metrics, and mixed technical signals, underscoring the challenges the company faces amid a tough industry backdrop and weak market sentiment.
Read full news articleAre Sri Nachammai Cotton Mills Ltd latest results good or bad?
2026-05-20 19:20:43Sri Nachammai Cotton Mills Ltd's latest financial results for Q4 FY26 reflect significant challenges in its operational performance. The company reported a net profit of -₹5.07 crore, marking a substantial decline compared to the previous year, alongside a revenue of ₹14.88 crore, which represents an 18.73% decrease year-on-year. This revenue figure is the lowest recorded in the past seven quarters, indicating persistent demand headwinds and operational inefficiencies. Despite a notable improvement in operating margin, which rose to 7.46% from 2.84% year-on-year, the overall profitability remains concerning due to an extraordinary tax charge that heavily impacted the company's financial results. The profit after tax (PAT) margin fell to -34.07%, further illustrating the financial strain the company is under. The annual performance also highlights ongoing difficulties, with total sales for FY25 at ₹69.00 c...
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Sri Nachammai Cotton Mills Ltd Reports Flat Quarterly Performance Amid Margin Gains
2026-05-20 08:00:17Sri Nachammai Cotton Mills Ltd, a micro-cap player in the Garments & Apparels sector, has reported a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of decline. Despite a significant contraction in net sales and a steep fall in profit after tax, the company recorded its highest quarterly PBDIT and operating margin in recent history, reflecting operational improvements amid challenging market conditions.
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Sri Nachammai Cotton Mills Q4 FY26: Losses Deepen as Textile Sector Struggles Persist
2026-05-19 21:02:44Sri Nachammai Cotton Mills Limited reported a substantial quarterly loss of ₹5.07 crores in Q4 FY26, marking a dramatic deterioration from the ₹0.61 crore loss recorded in the same quarter last year. The Salem-based textile manufacturer's stock plummeted 10.40% to ₹32.48 following the results announcement, reflecting investor concern over the company's mounting operational challenges and deteriorating profitability metrics.
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Sri Nachammai Cotton Mills Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals
2026-05-13 08:16:15Sri Nachammai Cotton Mills Ltd, a micro-cap player in the Garments & Apparels sector, has seen its investment rating upgraded from Strong Sell to Sell as of 12 May 2026. This change is primarily driven by improved technical indicators, even as the company continues to grapple with weak financial fundamentals and valuation concerns. The nuanced shift reflects a cautious optimism among analysts, balancing recent price momentum against persistent operational challenges.
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