Has Patspin India declared dividend?

Yes, Patspin India Ltd has declared a 6% dividend, amounting to ₹0.6000 per share. However, the dividend yield is 0%, and total returns have varied significantly, with positive returns over longer periods despite no contribution from dividends.

Patspin India Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6000<BR>- Ex-date: Jul-12-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -15.87%, the dividend return was 0%, resulting in a total return of -15.87%.<BR><BR>In the 1-year period, the price return was -14.27%, the dividend return was 0%, leading to a total return of -14.27%.<BR><BR>Over the 2-year period, the price return was -7.91%, with a dividend return of 0%, resulting in a total return of -7.91%.<BR><BR>In the 3-year period, the price return was 26.43%, the dividend return was 0%, culminating in a total return of 26.43%.<BR><BR>For the 4-year period, the price return was 79.21%, with a dividend return of 0%, which resulted in a total return of 79.21%.<BR><BR>In the 5-year period, the price return was 169.45%, the dividend return was 0%, leading to a total return of 169.45%.<BR><BR>Overall, while Patspin India Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant fluctuations, particularly with positive returns over longer periods, despite the absence of dividends in those calculations.

Who are the peers of the Patspin India?

Patspin India's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, and Jakharia Fabric. Page Industries leads in 1-year returns at 26.58%, while Vedant Fashions has the lowest at -24.65%, with Patspin India at -16.85%.

Peers: The peers of Patspin India are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted at Trident, while Below Average management risk is seen at Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric, and the rest. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent. Below Average growth is found at Page Industries, Vedant Fashions, Trident, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric, and the rest. For Capital Structure, Excellent capital structure is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Below Average capital structure is noted at Trent, Mahalaxmi Fab., Gujarat Hy-Spin, Prakash Woollen, Jakharia Fabric, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the peer with the lowest is Vedant Fashions at -24.65%. Patspin India's own 1-year return is -16.85%, which is higher than Vedant Fashions but lower than Page Industries. Additionally, the six-month return is negative for Trent, Vedant Fashions, Trident, Mahalaxmi Fab., and Gujarat Hy-Spin.

Is Patspin India overvalued or undervalued?

As of April 25, 2023, Patspin India is considered overvalued and risky, with a negative PE ratio of -3.54 and poor performance compared to peers and the market, reflected by a year-to-date return of -8.06% versus the Sensex's gain of 5.63%.

As of 25 April 2023, Patspin India has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial metrics. Key ratios indicate significant concerns, with a PE ratio of -3.54, an EV to EBITDA of -107.90, and a ROCE of -12.15%. <BR><BR>In comparison to its peers, Patspin India stands out negatively; for instance, K P R Mill Ltd has a PE ratio of 47.51, while Trident shows a PE of 42.6, both indicating a stark contrast in valuation. The company's performance has been underwhelming, with a year-to-date return of -8.06%, compared to the Sensex's gain of 5.63% during the same period, further reinforcing the notion that Patspin India is overvalued in the current market landscape.

What is the technical trend for Patspin India?

As of May 9, 2025, Patspin India shows a mildly bearish trend, with daily moving averages indicating bearishness, while weekly indicators suggest mild bullishness, leading to mixed signals and a cautious outlook.

As of 9 May 2025, the technical trend for Patspin India has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly MACD and KST show mildly bullish signals. The Bollinger Bands on a weekly basis also reflect a mildly bullish sentiment, but the monthly indicators, including MACD and KST, remain bearish. Overall, the mixed signals suggest caution, with a stronger bearish influence in the longer time frames.

Who are in the management team of Patspin India?

As of March 2023, the management team of Patspin India includes B K Patodia (Chairman), Umang Patodia (Managing Director), and several independent and non-executive directors, including N K Bafna, Kalpana Mahesh Thakker, V N Balakrishnan, and C K Gopalan Nair, along with Veena Bhandary as Associate Company Secretary.

As of March 2023, the management team of Patspin India includes the following individuals:<BR><BR>1. B K Patodia - Chairman (Non-Executive)<BR>2. N K Bafna - Independent Director<BR>3. Umang Patodia - Managing Director<BR>4. Kalpana Mahesh Thakker - Non-Executive Director<BR>5. V N Balakrishnan - Independent Director<BR>6. Veena Bhandary - Associate Company Secretary<BR>7. C K Gopalan Nair - Independent Director<BR><BR>Each member plays a distinct role in the governance and management of the company.

What does Patspin India do?

Patspin India Ltd manufactures and exports cotton yarn in the Garments & Apparels industry. As of March 2025, it reported net sales of ₹113 Cr and a net loss of ₹25 Cr, with a market cap of ₹33 Cr.

Overview: <BR>Patspin India Ltd is engaged in the manufacture and export of cotton yarn within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1991, Patspin India Limited was promoted by GTN Textiles under the leadership of B K Patodia and Umang Patodia. The company reported its latest quarterly results for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 113 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -25 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 33 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: -2.58 <BR>Return on Equity: 34.47% <BR>Price to Book: -1.23<BR><BR>Contact Details: <BR>Address: 3rd Floor Palal Towers, Ravipuram M G Road Ernakulam Kochi Kerala : 682016 <BR>Tel: 91-484-2371822/823/824/825/6/7 <BR>Email: cs@patspin.com <BR>Website: http://www.patspinindia.com

Who are the top shareholders of the Patspin India?

The top shareholders of Patspin India include Gtn Textiles Limited with a 46.21% stake, while individual investors hold 29.66% and Sangeetha S is the largest public shareholder at 3.92%. There are no reported holdings from mutual funds or foreign institutional investors.

The top shareholders of Patspin India include Gtn Textiles Limited, which holds the highest promoter stake at 46.21%. The majority of the shareholding is with promoters, who have a pledged holding of 36.2563%. In terms of public shareholders, Sangeetha S is the largest, holding 3.92%. Additionally, individual investors collectively hold 29.66% of the shares. There are no holdings from mutual funds or foreign institutional investors (FIIs) reported at this time.

How big is Patspin India?

As of 24th July, Patspin India Ltd has a market capitalization of 35.00 Cr and reported Net Sales of 47.33 Cr, with a Net Profit loss of 9.79 Cr over the latest four quarters. Shareholder's Funds are at a loss of 23.86 Cr, and Total Assets are valued at 76.04 Cr.

As of 24th July, Patspin India Ltd has a market capitalization of 35.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Patspin India reported Net Sales of 47.33 Cr. However, the company experienced a loss of 9.79 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds stood at a loss of 23.86 Cr, while Total Assets were valued at 76.04 Cr.

When is the next results date for Patspin India?

Patspin India will announce its results on 07 November 2025.

Patspin India will declare its results on 07 November 2025.

Are Patspin India latest results good or bad?

Patspin India's latest results are concerning, as the company reported a net loss of ₹3.03 crores in Q2 FY26, continuing a trend of losses in six of the last seven quarters, despite achieving record net sales of ₹13.75 crores. The negative operating margin and significant financial distress raise serious concerns about its future viability.

Patspin India's latest results indicate a challenging situation for the company. In Q2 FY26, the company reported a net loss of ₹3.03 crores, which is a significant decline of 39.63% compared to the same quarter last year and a 28.39% increase in losses from the previous quarter. This marks a continuation of a troubling trend, as Patspin has recorded net losses in six of the last seven quarters.<BR><BR>On a more positive note, the company achieved its highest quarterly net sales of ₹13.75 crores, reflecting a growth of 22.88% quarter-on-quarter and 18.84% year-on-year. However, this sales growth did not translate into profitability, as the operating margin fell to -5.09%, the worst performance in seven quarters. This suggests that the company is struggling with its cost structure and operational efficiency, selling products below their production costs.<BR><BR>Additionally, the balance sheet shows significant distress, with a negative book value of ₹-27.48 per share and negative shareholder equity of ₹-33.86 crores. The company also faces a heavy debt burden, with long-term debt of ₹54.59 crores and an inability to cover interest expenses from operating profits.<BR><BR>Overall, while there are signs of revenue growth, the persistent losses, negative margins, and financial instability indicate that the latest results are more negative than positive, raising serious concerns about the company's future viability.

Should I buy, sell or hold Patspin India?

How has been the historical performance of Patspin India?

Patspin India has experienced a significant decline in financial performance, with net sales dropping from INR 548.51 crore in March 2019 to INR 47.33 crore in March 2025, and operating profit turning negative, resulting in consistent losses. The company's total assets and liabilities have also decreased, reflecting a troubling trend in its operational viability.

Answer:<BR>The historical performance of Patspin India shows a significant decline in financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Patspin India's net sales have decreased sharply from INR 548.51 crore in March 2019 to just INR 47.33 crore in March 2025, reflecting a downward trend in operational performance. Total operating income followed a similar trajectory, dropping from INR 548.51 crore in March 2019 to INR 47.33 crore in March 2025. The company's raw material costs have also decreased, indicating a reduction in production activity, with costs falling from INR 337.81 crore in March 2019 to INR 4.61 crore in March 2025. Operating profit (PBDIT) has turned negative, with a loss of INR 0.92 crore reported in March 2025, compared to a profit of INR 36.67 crore in March 2019. Profit before tax and profit after tax have consistently shown losses, culminating in a loss of INR 9.79 crore in March 2025. The company's total liabilities have decreased from INR 257.67 crore in March 2020 to INR 69.25 crore in March 2025, while total assets have also declined from INR 257.67 crore to INR 69.25 crore over the same period. Cash flow from operating activities has been minimal, with a slight increase to INR 1 crore in March 2025, compared to INR 51 crore in March 2020. Overall, the financial data indicates a troubling trend for Patspin India, characterized by declining revenues, increasing losses, and a shrinking asset base.

Why is Patspin India falling/rising?

As of 21-Dec, Patspin India Ltd's stock price is rising to 8.31, reflecting a 2.09% increase. This rise is driven by recent gains, increased investor participation, and outperformance relative to its sector, despite trading below key moving averages.

As of 21-Dec, Patspin India Ltd's stock price is rising, currently at 8.31, reflecting a change of 0.17 or 2.09% increase. This upward movement can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, with a total return of 3.49% during this period, indicating a positive short-term trend. Additionally, the stock has outperformed its sector by 0.77%, suggesting that it is performing better relative to its peers.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 53.66% compared to the 5-day average, which indicates growing interest and confidence among investors. However, it is important to note that despite the recent gains, Patspin India is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which may suggest underlying challenges in maintaining a sustained upward trajectory.<BR><BR>Overall, the combination of recent gains, improved investor participation, and sector outperformance contributes to the current rise in Patspin India's stock price.

Why is Patspin India falling/rising?

As of 22-Dec, Patspin India Ltd's stock price is rising by 2.09%, but it has significantly underperformed over the past year with declines of 35.66%. The current increase may be temporary, as the stock is trading below its moving averages and experiencing decreased investor participation.

As of 22-Dec, Patspin India Ltd's stock price is currently rising, with a change of 0.17, representing a 2.09% increase. This rise is notable despite the stock's poor performance over longer periods, such as a year-to-date decline of 35.66% and a one-year drop of 36.98%. <BR><BR>Today, the stock has outperformed its sector by 2.16%, which may indicate a temporary positive sentiment among investors. However, it is important to note that Patspin India is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests that while there is a short-term rise, the overall trend remains downward.<BR><BR>Additionally, investor participation has decreased significantly, with a delivery volume drop of 56.63% compared to the 5-day average, indicating a lack of confidence among investors. Despite the current rise in price, the broader context of declining performance and reduced trading activity suggests that this increase may not be sustainable in the long term.

Why is Patspin India Ltd falling/rising?

As of 23-Dec, Patspin India Ltd's stock price is at 8.22, reflecting a decline of -0.96%. The stock has significantly underperformed the Sensex, with year-to-date losses of -36.28% and a bearish trend indicated by trading below moving averages and reduced investor participation.

As of 23-Dec, Patspin India Ltd's stock price is falling, currently at 8.22, which reflects a change of -0.08 or -0.96%. The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of -5.95% while the Sensex gained +1.00%. Over the past month, the stock has decreased by -11.04%, contrasting with a slight increase of +0.34% in the Sensex. Year-to-date, Patspin India Ltd has seen a substantial drop of -36.28%, while the Sensex has risen by +9.45%. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. There has also been a notable decline in investor participation, with delivery volume falling by -65.83% compared to the 5-day average. This combination of poor performance metrics and reduced trading activity contributes to the stock's downward movement.

Why is Patspin India Ltd falling/rising?

As of 24-Dec, Patspin India Ltd's stock price is declining, currently at 8.18, reflecting a consistent downward trend with significant losses over recent days and trading below key moving averages. Decreased investor participation further indicates a lack of confidence, contributing to the stock's overall decline.

As of 24-Dec, Patspin India Ltd's stock price is falling, currently at 8.18, which reflects a change of -0.04 or -0.49%. The stock has been on a downward trend, having lost -1.45% over the last two days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent decline in price relative to these averages.<BR><BR>Investor participation has also decreased, with a delivery volume of 1.76 k on January 10, which is down by -72.46% compared to the 5-day average delivery volume. This drop in trading activity suggests a lack of interest or confidence among investors, contributing to the stock's decline. <BR><BR>Overall, the combination of consecutive price falls, lower trading volumes, and underperformance against moving averages indicates that Patspin India Ltd is experiencing a downward trend in its stock price.

Why is Patspin India Ltd falling/rising?

As of 25-Dec, Patspin India Ltd's stock price is at 8.18, reflecting a decline of -0.49%. The stock is on a downward trend, trading below key moving averages, with significantly reduced investor participation and a year-to-date decline of -36.59%.

As of 25-Dec, Patspin India Ltd's stock price is falling, currently at 8.18, reflecting a change of -0.04 (-0.49%). The stock has been on a downward trend, having lost -1.45% over the last two days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent decline in price momentum.<BR><BR>Investor participation has also decreased significantly, with delivery volume dropping by -72.46% compared to the 5-day average. This decline in trading activity suggests a lack of interest among investors, contributing to the stock's falling price. Furthermore, the year-to-date performance shows a substantial decline of -36.59%, which is significantly worse than the benchmark Sensex's gain of +9.30% over the same period. Overall, these factors indicate that Patspin India Ltd is experiencing a downward trend in its stock price.

Why is Patspin India Ltd falling/rising?

As of 26-Dec, Patspin India Ltd's stock price is slightly rising at 8.16, following a trend reversal after two days of decline. However, it remains below all key moving averages and has experienced significant declines over the past year, indicating ongoing challenges despite increased investor interest.

As of 26-Dec, Patspin India Ltd's stock price is rising slightly, currently at 8.16, with a change of 0.01 (0.12%) upward. This increase can be attributed to a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, the stock has outperformed its sector by 0.32%, indicating a relative strength compared to its peers.<BR><BR>Despite this positive movement, it is important to note that the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests that the overall trend remains downward in the longer term. Furthermore, the stock has experienced significant declines over various periods, including a year-to-date drop of 36.74% and a one-year decline of 39.87%, while the benchmark Sensex has shown positive returns in those same timeframes.<BR><BR>Investor participation appears to be increasing, with a delivery volume of 8.02k on 10 Jan rising by 21.82% against the 5-day average, which may indicate growing interest in the stock. However, the stock's overall performance remains challenged by its historical declines and lower trading averages.

Which are the latest news on Patspin India?