Piotex Indus.

Has Piotex declared dividend?

No Dividend History Available

Who are the peers of the Piotex?

Piotex's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, 7NR Retail Ltd, Hisar Spg. Mills, Samtex Fashion, and Uniroyal Ind. In terms of performance, Page Industries leads with a 1-year return of 26.81%, while Piotex has the lowest at -49.93%.

Peers: The peers of Piotex are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, 7NR Retail Ltd, Hisar Spg. Mills, Samtex Fashion, and Uniroyal Ind.<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 Piotex and Trent. Average management risk is present at Trident, Hisar Spg. Mills, and Uniroyal Ind, and Below Average management risk is noted at 7NR Retail Ltd. Growth is Excellent for K P R Mill Ltd and Page Industries, while Good growth is seen at Trent and Piotex. Below Average growth is found at Vedant Fashions, Trident, 7NR Retail Ltd, Hisar Spg. Mills, and Uniroyal Ind, and Samtex Fashion does not qualify. Capital Structure is Excellent for K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is noted at Piotex and Trident. Below Average capital structure is present at 7NR Retail Ltd and Uniroyal Ind, and Samtex Fashion does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.81%, while the lowest is Piotex at -49.93%. This indicates that Piotex's 1-year return is significantly lower than that of its peers. Additionally, Vedant Fashions and Trident have negative six-month returns.

What is the technical trend for Piotex?

As of June 2, 2025, Piotex's technical trend has shifted to mildly bullish, supported by weekly MACD and Bollinger Bands, despite some short-term bearish signals from daily moving averages.

As of 2 June 2025, the technical trend for Piotex has changed from mildly bearish to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the Bollinger Bands also reflect a bullish outlook on the weekly timeframe. The Dow Theory supports this with a mildly bullish signal on both weekly and monthly charts. However, the daily moving averages are still mildly bearish, suggesting some short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators, despite some mixed signals from daily moving averages.

What does Piotex Indus. do?

Piotex Industries Ltd is a Micro Cap company in the Garments & Apparels industry, incorporated in 2019 and converted to a Public Limited entity in 2023. It has a market cap of INR 29 Cr, with a P/E ratio of 9.00 and a debt-equity ratio of 0.08.

Overview:<BR>Piotex Industries Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History:<BR>Piotex Industries Ltd was originally incorporated on October 24, 2019, as "Piotex Industries Private Limited." The company later converted to a Public Limited entity, changing its name to "Piotex Industries Limited" on August 11, 2023. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 29 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.08<BR>Return on Equity: 13.33%<BR>Price-to-Book: 1.09<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the top shareholders of the Piotex Indus.?

The top shareholders of Piotex Indus are led by promoter Abhay Shriram Asalkar with 32.97%, followed by Spread X Securities Private Limited at 4.11%. Additionally, individual investors hold 23.12%, while 3 Foreign Institutional Investors own a combined 1.41%.

The top shareholders of Piotex Indus include the promoters, who hold the majority of the shares. The promoter with the highest holding is Abhay Shriram Asalkar, owning 32.97% of the company. Additionally, Spread X Securities Private Limited is the highest public shareholder with a stake of 4.11%. The company also has 3 Foreign Institutional Investors (FIIs) holding a combined 1.41%, and individual investors collectively hold 23.12% of the shares. There are no pledged promoter holdings, and no mutual funds currently hold shares in the company.

How big is Piotex Indus.?

As of 24th July, Piotex Industries Ltd has a market capitalization of 31.00 Cr, classifying it as a Micro Cap, with Shareholder's Funds of 25.51 Cr and Total Assets of 32.06 Cr; however, no valid financial data for Net Sales or Net Profit is available for the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Piotex Industries Ltd has a market capitalization of 31.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: No valid financial data is available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 25.51 Cr and Total Assets valued at 32.06 Cr.

Is Piotex Indus. overvalued or undervalued?

As of August 28, 2025, Piotex Industries is considered a very attractive investment due to its undervaluation reflected in a PE ratio of 9.47 and an EV to EBIT of 7.31, significantly lower than its peers, despite a year-to-date stock decline of 16.31%.

As of 28 August 2025, the valuation grade for Piotex Industries has moved from fair to very attractive, indicating a significant improvement in its investment appeal. The company is currently assessed as undervalued, especially when considering its key financial ratios: a PE ratio of 9.47, an EV to EBIT of 7.31, and a ROCE of 17.02%. These figures suggest that the company is trading at a discount compared to its earnings and capital efficiency.<BR><BR>In comparison to its peers, Piotex Industries stands out with a much lower PE ratio than K P R Mill Ltd, which is at 40.73, and Trident, which has a PE of 32.1. The EV to EBITDA ratio of Piotex at 7.27 also contrasts sharply with the higher valuations of its peers, reinforcing the notion of its undervaluation. Despite recent underperformance in stock returns compared to the Sensex, with a year-to-date decline of 16.31% against a 2.48% gain in the index, the fundamental metrics suggest that Piotex Industries presents a compelling investment opportunity at its current price of 62.35.

When is the next results date for Piotex Indus.?

The next results date for Piotex Indus. is 11 November 2025.

The next results date for Piotex Indus. is scheduled for 11 November 2025.

How has been the historical performance of Piotex Indus.?

Piotex Indus. has shown steady growth in net sales and profits from Mar'23 to Mar'25, with net sales increasing to 134.36 Cr and profit after tax rising to 3.36 Cr, despite a decline in earnings per share from 11.68 to 6.59. However, cash flow from operating activities turned negative, indicating challenges in cash generation.

Answer:<BR>The historical performance of Piotex Indus. shows a steady growth in net sales and profit over the past three years, with net sales increasing from 86.01 Cr in Mar'23 to 134.36 Cr in Mar'25. Total operating income followed the same trend, reaching 134.36 Cr in Mar'25, up from 86.01 Cr in Mar'23. The company's total expenditure also rose, from 81.85 Cr in Mar'23 to 129.71 Cr in Mar'25, but the operating profit (PBDIT) increased slightly from 4.16 Cr in Mar'23 to 4.99 Cr in Mar'25. Profit before tax grew from 3.92 Cr in Mar'23 to 4.49 Cr in Mar'25, while profit after tax rose from 2.89 Cr to 3.36 Cr in the same period. The earnings per share (EPS) decreased from 11.68 in Mar'23 to 6.59 in Mar'25, reflecting a decline in profitability per share despite the overall profit growth. On the balance sheet, total assets decreased from 36.11 Cr in Mar'24 to 32.06 Cr in Mar'25, while total liabilities also fell from 36.11 Cr to 32.06 Cr, indicating a reduction in debt levels. Cash flow from operating activities turned negative, dropping from 2.00 Cr in Mar'23 to -7.00 Cr in Mar'25, although cash flow from financing activities improved significantly, increasing from -2.00 Cr to 10.00 Cr.<BR><BR>Breakdown:<BR>Piotex Indus. has demonstrated a positive trend in net sales, which rose from 86.01 Cr in Mar'23 to 134.36 Cr in Mar'25, indicating a strong growth trajectory. Total operating income mirrored this growth, reaching 134.36 Cr in Mar'25. Despite a rise in total expenditure from 81.85 Cr to 129.71 Cr, the operating profit (PBDIT) saw a slight increase from 4.16 Cr to 4.99 Cr. Profit before tax and profit after tax also increased, with the former rising from 3.92 Cr to 4.49 Cr and the latter from 2.89 Cr to 3.36 Cr. However, the earnings per share (EPS) declined from 11.68 to 6.59, suggesting a decrease in profitability per share. On the balance sheet, total assets decreased from 36.11 Cr to 32.06 Cr, while total liabilities also fell, reflecting a reduction in debt. The cash flow from operating activities turned negative, indicating challenges in cash generation, although cash flow from financing activities improved significantly, highlighting a shift in funding strategy.

Why is Piotex Industries Ltd falling/rising?

As of 02-Jun, the stock price of Piotex Industries Ltd is stable at 40.00, but it has declined 33.33% year-to-date and 10.77% over the past year. Despite recent positive investor activity, the stock remains below its moving averages, indicating a bearish trend.

As of 02-Jun, the stock price of Piotex Industries Ltd is currently stable at 40.00, showing no change (0.00%). Despite this stability, the stock has experienced a significant decline year-to-date, with a drop of 33.33%, compared to a 12.40% decline in the benchmark Sensex. Over the past year, the stock has fallen by 10.77%, while the Sensex has decreased by 8.26%. <BR><BR>In terms of recent performance, the stock has outperformed its sector by 0.38% today, indicating some positive movement relative to its peers. However, it has shown erratic trading patterns, not trading on 5 out of the last 20 days, which may contribute to investor uncertainty. Additionally, Piotex Industries Ltd is trading below its moving averages across various time frames (5-day, 20-day, 50-day, 100-day, and 200-day), suggesting a bearish trend.<BR><BR>On a more positive note, there has been a rise in investor participation, with delivery volume increasing by 66.67% against the 5-day average, which may indicate growing interest among investors. Despite this, the overall liquidity remains low, as the stock is liquid enough for trade sizes of Rs 0 crore based on 2% of the 5-day average traded value.<BR><BR>In summary, while the stock is currently stable, its overall performance has been declining, influenced by its underperformance relative to benchmarks and moving averages, despite some signs of increased investor activity.

Which are the latest news on Piotex Indus.?