Piotex Indus.

Why is Piotex Industries Ltd falling/rising?

As of 27-Jun, Piotex Industries Ltd is facing a significant decline in its stock price, currently at Rs 31.00, down 6.77% with a 48.33% year-to-date drop. The stock is underperforming its sector and shows a bearish trend, indicated by low trading volume and consistent underperformance against market benchmarks.

As of 27-Jun, Piotex Industries Ltd is experiencing a decline in its stock price, currently at Rs 31.00, which reflects a decrease of Rs 2.25 or 6.77%. This downward movement is evident in the stock's performance over various periods, showing a significant drop of 22.50% over the past month and a year-to-date decline of 48.33%. <BR><BR>Today, the stock underperformed its sector by 5.47% and opened with a loss of 6.77%, reaching an intraday low of Rs 31. The trading activity has been erratic, with the stock not trading on 5 out of the last 20 days, indicating a lack of consistent investor interest. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. <BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 37.5% compared to the 5-day average. This decline in trading volume, coupled with the stock's poor performance relative to the benchmark Sensex, which has only fallen by 0.40% over the same week, further underscores the challenges faced by Piotex Industries Ltd. Overall, these factors contribute to the stock's current downward trajectory.

Which are the latest news on Piotex Indus.?

What does Piotex Indus. do?

Piotex Industries Ltd operates in the Garments & Apparels industry as a Micro Cap company, having transitioned from a private to a public entity in 2023. It currently reports no sales or profit, with a market cap of INR 14 Cr.

Overview:<BR>Piotex Industries Ltd operates in the Garments & Apparels industry and is categorized 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 was later converted into a Public Limited entity, with its name changed to "Piotex Industries Limited" on August 11, 2023. There is no sales or profit data reported for any quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 14 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.08<BR>Return on Equity: 2.62%<BR>Price-to-Book: 0.69<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: Not available<BR>Email: Not available<BR>Website: Not available

How big is Piotex Indus.?

As of 10th June, Piotex Industries Ltd has a market capitalization of 14.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 25.51 Cr and Total Assets of 32.06 Cr reported as of March 2025; however, there is no valid financial data available for Net Sales and Net Profit for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Piotex Industries Ltd has a market capitalization of 14.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 25.51 Cr and Total Assets totaling 32.06 Cr.

Who are the peers of the Piotex Indus.?

Piotex Indus. peers include Eurotex Industri, Vashishtha Lux., NAPS Global, and others, with varying management risks and growth rates. Eurotex Industri leads in 1-year returns at 45.82%, while Piotex Indus. has a return of -22.88%.

Peers: The peers of Piotex Indus. are Eurotex Industri, Vashishtha Lux., NAPS Global, Gujarat Hy-Spin, Ventura Textiles, Uniroyal Ind, Sanblue Corp., 7NR Retail Ltd, Visagar Polytex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vashishtha Lux., while Average management risk is found at Uniroyal Ind, and the rest have Below Average management risk. Growth is Excellent at Vashishtha Lux., Good at NAPS Global and Sanblue Corp., while Below Average growth is noted at Piotex Indus., Gujarat Hy-Spin, Uniroyal Ind, 7NR Retail Ltd, and the rest. Capital Structure is Excellent at Sanblue Corp. and Visagar Polytex, Good at Piotex Indus. and Vashishtha Lux., while Below Average capital structure is seen at NAPS Global, Gujarat Hy-Spin, Uniroyal Ind, 7NR Retail Ltd, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Eurotex Industri at 45.82%, while the lowest is Prabhhans Inds at -74.57%. Piotex Indus. has a 1-year return of -22.88%, which is better than Prabhhans Inds. but worse than Eurotex Industri. Additionally, several peers, including Gujarat Hy-Spin, Ventura Textiles, Sanblue Corp., and Visagar Polytex, have negative six-month returns.

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.

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.

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.

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.

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.

Has Piotex declared dividend?

No Dividend History Available