Shanti Spintex

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE0QZQ01019
  • NSEID:
  • BSEID: 544059
INR
36.00
-0.9 (-2.44%)
BSENSE

Sep 01, 03:30 PM

BSE+NSE Vol: 6000

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

6.0 k (275.00%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.59%

Held by 0 DIIs

Promoter

73.57%

Why is Shanti Spintex Ltd falling/rising?

02-Sep-2026

As of 01-Sep, Shanti Spintex Ltd's stock price is at 36.00, reflecting a 2.44% decline and underperforming its sector. The stock is in a bearish trend, trading below all key moving averages, with a significant drop in investor participation indicating a lack of confidence.

As of 01-Sep, Shanti Spintex Ltd's stock price is falling, currently at 36.00, which reflects a decrease of 0.9 or 2.44%. The stock has underperformed its sector by 2.56% today and has been on a consecutive decline for the last two days, resulting in a total drop of 2.7% over that period. <BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume on 31 August falling by 44.44% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors, contributing to the stock's downward movement. <BR><BR>Overall, the combination of recent performance metrics, declining investor interest, and the stock's position relative to moving averages all point to the reasons behind the falling price of Shanti Spintex Ltd.

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Who are in the management team of Shanti Spintex?

01-Sep-2026

The management team of Shanti Spintex includes Hiren Vallabhbhai Patel (Managing Director), Kajal Hiren Patel (Whole-time Director), Nishant Shavjibhai Ramani (Non Executive Director), and three Independent Directors: Jagrutiben Ghanshyambhai Virani, Jay Mansukh Shah, and Vishal Shah, along with Khushbu Kalpit Shah as Company Secretary & Compliance Officer.

The management team of Shanti Spintex includes the following individuals:<BR><BR>1. **Hiren Vallabhbhai Patel** - Managing Director<BR>2. **Kajal Hiren Patel** - Whole-time Director<BR>3. **Nishant Shavjibhai Ramani** - Non Executive Director<BR>4. **Jagrutiben Ghanshyambhai Virani** - Independent Director<BR>5. **Jay Mansukh Shah** - Independent Director<BR>6. **Vishal Shah** - Independent Director<BR>7. **Khushbu Kalpit Shah** - Company Secretary & Compliance Officer<BR><BR>If you need more specific details about their roles or contributions, feel free to ask!

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What does Shanti Spintex do?

01-Sep-2026

Shanti Spintex Ltd is a Micro Cap company in the Garments & Apparels industry, incorporated in 2010 and converted to a Public Limited Company in 2023. It has a market cap of INR 62 Cr, with a P/E ratio of 14.00 and a debt-equity ratio of 0.18.

Overview:<BR>Shanti Spintex Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Shanti Spintex Limited was originally incorporated as a Private Limited Company on August 23, 2010. It later converted to a Public Limited Company, with the name change occurring on August 18, 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 62 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 14.00<BR>Industry P/E: 28<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.18<BR>Return on Equity: 4.48%<BR>Price-to-Book: 0.62<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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Who are the peers of the Shanti Spintex?

01-Sep-2026

Shanti Spintex's peers include Riba Textiles, Garment Mantra, Lakhotia Poly., Damodar Industries, Kamadgiri Fashions, Dhanalaxmi Roto, E-Land Apparel, Shekhawati Industries, and Veekayem Fashions. Lakhotia Poly. has the highest 1-year return at 48.12%, while Shanti Spintex has the lowest at -49.10%.

Peers: The peers of Shanti Spintex are Riba Textiles, Garment Mantra, Lakhotia Poly., Damodar Indust., Kamadgiri Fash., Dhanalaxmi Roto, E-Land Apparel, Shekhawati Inds, and Veekayem Fash.<BR><BR>Quality Snapshot: Below Average management risk is observed at Riba Textiles, Lakhotia Poly., Damodar Indust., and the rest. Average management risk is found at Garment Mantra, Shekhawati Inds, and Veekayem Fash. Good management risk is noted at Dhanalaxmi Roto, while E-Land Apparel does not qualify. Growth is below average for Riba Textiles, Garment Mantra, Lakhotia Poly., Damodar Indust., and the rest, while Kamadgiri Fash. shows average growth. Dhanalaxmi Roto has below average growth, and E-Land Apparel does not qualify. Shanti Spintex has good capital structure, while Riba Textiles, Garment Mantra, Lakhotia Poly., Damodar Indust., and Kamadgiri Fash. have below average capital structure. Dhanalaxmi Roto has good capital structure, while E-Land Apparel does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lakhotia Poly. at 48.12%, while the lowest is Shanti Spintex at -49.10%. Shanti Spintex's 1-year return is significantly lower than all peers. Additionally, peers with negative six-month returns include Riba Textiles, Garment Mantra, Kamadgiri Fash., Dhanalaxmi Roto, E-Land Apparel, and the rest.

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How big is Shanti Spintex?

01-Sep-2026

Summary could not be generated.

As of 31st August, Shanti Spintex Ltd has a market capitalization of 62.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent quarterly performance data is unavailable, so there are no figures for Net Sales or Net Profit for the latest four quarters.<BR><BR>In the balance sheet snapshot for the reporting period ending March 2026, Shanti Spintex Ltd has Shareholder's Funds amounting to 105.75 Cr and Total Assets of 230.70 Cr.

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Which are the latest news on Shanti Spintex?

01-Sep-2026
No latest news for Shanti Spintex found.

When is the next results date for Shanti Spintex Ltd?

22-May-2026

The next results date for Shanti Spintex Ltd is 28 May 2026.

The next results date for Shanti Spintex Ltd is scheduled for 28 May 2026.

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How has been the historical performance of Shanti Spintex?

15-Nov-2025

Shanti Spintex has shown significant growth in net sales, increasing from 254.91 Cr in Mar'22 to 709.94 Cr in Mar'25, with profit after tax rising from 4.87 Cr to 10.20 Cr during the same period. Despite rising raw material costs impacting operating profit, the company has improved its financial stability and cash flow.

Answer:<BR>The historical performance of Shanti Spintex shows a significant growth trend in net sales and profitability over the past four years.<BR><BR>Breakdown:<BR>Shanti Spintex has demonstrated a robust increase in net sales, rising from 254.91 Cr in Mar'22 to 709.94 Cr in Mar'25. This growth is reflected in the total operating income, which also increased from 254.91 Cr in Mar'22 to 709.94 Cr in Mar'25. However, the raw material cost surged from 223.26 Cr in Mar'22 to 674.79 Cr in Mar'25, impacting the operating profit, which peaked at 25.89 Cr in Mar'24 but fell to 20.33 Cr in Mar'25. Profit before tax followed a similar pattern, reaching 17.90 Cr in Mar'24 before declining to 13.58 Cr in Mar'25. Despite this, profit after tax showed resilience, increasing from 4.87 Cr in Mar'22 to 10.20 Cr in Mar'25. The company's total assets grew from 136.31 Cr in Mar'22 to 177.06 Cr in Mar'25, while total liabilities decreased from 194.00 Cr in Mar'24 to 177.06 Cr in Mar'25, indicating improved financial stability. Cash flow from operating activities improved significantly, rising from 5.00 Cr in Mar'22 to 17.00 Cr in Mar'25, contributing to a net cash inflow of 2.00 Cr in Mar'25. Overall, Shanti Spintex's performance reflects a strong upward trajectory in sales and profitability, despite rising costs and fluctuations in profit margins.

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Is Shanti Spintex overvalued or undervalued?

16-Sep-2025

As of September 15, 2025, Shanti Spintex is considered very attractive and undervalued compared to peers, with a PE Ratio of 10.84, an EV to EBITDA of 5.80, and a ROCE of 14.62%, despite a -6.44% return over the past year.

As of 15 September 2025, the valuation grade for Shanti Spintex has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 10.84, an EV to EBITDA of 5.80, and a ROCE of 14.62%. <BR><BR>In comparison to its peers, Shanti Spintex stands out with a much lower PE Ratio than K P R Mill Ltd, which is at 43.45, and Trident, which has a PE of 33.89. This suggests that Shanti Spintex offers a more compelling investment opportunity relative to its competitors. Additionally, while the stock has underperformed the Sensex over the past year with a return of -6.44%, the overall valuation metrics indicate that it is positioned favorably for potential growth.

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Who are the top shareholders of the Shanti Spintex?

17-Jul-2025

The top shareholder of Shanti Spintex is Bharat Bhushan Omprakash Agarwal, holding 17.96%. Individual investors collectively own 21.8%, while the highest public shareholder is Jinendra Kumar Jain at 1.35%.

The top shareholders of Shanti Spintex primarily consist of promoters, with Bharat Bhushan Omprakash Agarwal holding the largest share at 17.96%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Jinendra Kumar Jain, who owns 1.35%. Additionally, individual investors collectively hold 21.8% of the company's shares.

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What is the technical trend for Shanti Spintex?

09-Jun-2025

As of May 16, 2025, Shanti Spintex's trend is mildly bearish, with bearish indicators from the MACD and moving averages, despite some mildly bullish signals from the KST and Dow Theory, while the RSI shows no momentum.

As of 16 May 2025, the technical trend for Shanti Spintex has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the daily moving averages are also bearish, indicating continued downward pressure. The weekly KST and Dow Theory show mildly bullish signals, suggesting some underlying strength, but overall, the indicators point to a mildly bearish stance. The RSI shows no signals on both weekly and monthly time frames, indicating a lack of momentum. The current price is 61.95, with a recent high of 61.95 and a low of 58.25 today, reflecting some volatility but still within a bearish context.

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Has Shanti Spintex declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Garments & Apparels

stock-summary
Market cap

INR 62 Cr (Micro Cap)

stock-summary
P/E

14.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.18

stock-summary
Return on Equity

4.48%

stock-summary
Price to Book

0.62

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-23.4%
0%
-23.4%
6 Months
-44.74%
0%
-44.74%
1 Year
-48.57%
0%
-48.57%
2 Years
-50.68%
0%
-50.68%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Shanti Spintex for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Intimation Of Record Date Pursuant To Regulation 42 Of SEBI (LODR) Regulations 2015 - 16Th Annual General Meeting

17-Aug-2026 | Source : BSE

As per captioned subject please take note of the intimation of record date for your records.

Intimation Of Book Closure Date Pursuant To Regulation 42 Of SEBI (LODR) Regulations 2015

17-Aug-2026 | Source : BSE

As per the captioned subject kindly take on record the attached file intimating the Book closure dates in the ensuing AGM.

Submission Of Notice Of 16Th Annual General Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

17-Aug-2026 | Source : BSE

Please find attached herewith the Notice of the 16th Annual General Meeting Kindly take the same on records

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
27.90%
EBIT Growth (5y)
-16.45%
EBIT to Interest (avg)
4.96
Debt to EBITDA (avg)
1.75
Net Debt to Equity (avg)
0.18
Sales to Capital Employed (avg)
6.08
Tax Ratio
23.51%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.59%
ROCE (avg)
11.12%
ROE (avg)
7.51%

Valuation key factors

Factor
Value
P/E Ratio
14
Industry P/E
28
Price to Book Value
0.61
EV to EBIT
20.72
EV to EBITDA
8.88
EV to Capital Employed
0.67
EV to Sales
0.12
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
3.22%
ROE (Latest)
4.48%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Bharat Bhushan Omprakash Agarwal (17.96%)

Highest Public shareholder

Bindu Garg (1.79%)

Individual Investors Holdings

21.66%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Shanti Spintex"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Mar 2026 is -13.04% vs 2.91% in Sep 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Mar 2026 is -73.88% vs -4.56% in Sep 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "317.60",
          "val2": "365.22",
          "chgp": "-13.04%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.18",
          "val2": "5.71",
          "chgp": "-44.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.37",
          "val2": "0.83",
          "chgp": "65.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.93",
          "val2": "3.56",
          "chgp": "-73.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.00%",
          "val2": "1.56%",
          "chgp": "-0.56%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Shanti Spintex"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is -3.82% vs 40.35% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is -55.98% vs -21.66% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "682.82",
          "val2": "709.94",
          "chgp": "-3.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.89",
          "val2": "19.81",
          "chgp": "-55.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.20",
          "val2": "1.72",
          "chgp": "27.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.49",
          "val2": "10.20",
          "chgp": "-55.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.30%",
          "val2": "2.79%",
          "chgp": "-1.49%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Sep'25
Change(%)
Net Sales
317.60
365.22
-13.04%
Operating Profit (PBDIT) excl Other Income
3.18
5.71
-44.31%
Interest
1.37
0.83
65.06%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.93
3.56
-73.88%
Operating Profit Margin (Excl OI)
1.00%
1.56%
-0.56%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Mar 2026 is -13.04% vs 2.91% in Sep 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Mar 2026 is -73.88% vs -4.56% in Sep 2025

Annual Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
682.82
709.94
-3.82%
Operating Profit (PBDIT) excl Other Income
8.89
19.81
-55.12%
Interest
2.20
1.72
27.91%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.49
10.20
-55.98%
Operating Profit Margin (Excl OI)
1.30%
2.79%
-1.49%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is -3.82% vs 40.35% in Mar 2025

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2026 is -55.98% vs -21.66% in Mar 2025

stock-summaryCompany CV
About Shanti Spintex Ltd stock-summary
stock-summary
Shanti Spintex Ltd
Micro Cap
Garments & Apparels
Shanti Spintex Limited was originally incorporated as a Private Limited Company under the name of "Shanti Spintex Private Limited" on August 23, 2010 with the Registrar of Companies, Ahmedabad. Thereafter, Company converted from Private Limited to Public Limited and the name of Company was changed from "Shanti Spintex Private Limited" to "Shanti Spintex Limited" vide fresh Certificate of Incorporation dated August 18, 2023, issued by the Registrar of Companies, Ahmedabad, Gujarat.
Company Coordinates stock-summary
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