Shanti Spintex

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE0QZQ01019
  • NSEID:
  • BSEID: 544059
INR
62.00
0.00 (0.00%)
BSENSE

Dec 04

BSE+NSE Vol: 2000

  • 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

2.0 k (-68.75%) Volume

Shareholding (Sep 2025)

FII

0.00%

Held by 0 FIIs

DII

0.59%

Held by 0 DIIs

Promoter

73.72%

Who are in the management team of Shanti Spintex?

06-Jun-2025

As of March 2023, 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 several Independent Directors: Jagrutiben Ghanshyambhai Virani, Jay Mansukh Shah, and Vishal Shah, along with Khushbu Kalpit Shah as Company Secretary & Compliance Officer.

As of March 2023, 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>These individuals play key roles in the governance and management of the company.

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Has Shanti Spintex declared dividend?

06-Jun-2025

No Dividend History Available

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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Who are the peers of the Shanti Spintex?

16-Jul-2025

Shanti Spintex's peers include Shine Fashions, Pion. Embroider., Amarjothi Spg., SPL Industries, Bhilwara Spinner, SEL Mfg. Co, Flexituff Vent., Deepak Spinners, and Jattashankar Ind. In terms of management risk, Shanti Spintex has a good rating, while its 1-year return is -5.48%, better than SEL Mfg. Co but worse than Jattashankar Ind's 483.27%.

Peers: The peers of Shanti Spintex are Shine Fashions, Pion. Embroider., Amarjothi Spg., SPL Industries, Bhilwara Spinner, SEL Mfg. Co, Flexituff Vent., Deepak Spinners, Jattashankar Ind.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shine Fashions and Deepak Spinners, while Good management risk is found at Shanti Spintex. Average management risk is noted at SPL Industries, and the rest have Below Average management risk, including Pion. Embroider., Amarjothi Spg., Bhilwara Spinner, SEL Mfg. Co, Flexituff Vent., Jattashankar Ind. and the rest. Excellent growth is seen at Shine Fashions, while Good growth is observed at Shanti Spintex and Bhilwara Spinner. Average growth is noted at Amarjothi Spg., while Below Average growth is found at Pion. Embroider., SPL Industries, SEL Mfg. Co, Flexituff Vent., Deepak Spinners, Jattashankar Ind. and the rest. Excellent capital structure is present at SPL Industries, while Good capital structure is noted at Shine Fashions and Deepak Spinners. Average capital structure is found at Shanti Spintex, while Below Average capital structure is observed at Pion. Embroider., Amarjothi Spg., Bhilwara Spinner, SEL Mfg. Co, Flexituff Vent., and the rest.<BR><BR>Return Snapshot: Jattashankar Ind has the highest 1-year return at 483.27%, while SEL Mfg. Co has the lowest at -41.37%. Shanti Spintex's 1-year return of -5.48% is better than SEL Mfg. Co's but worse than Jattashankar Ind's. Additionally, peers with negative six-month returns include SPL Industries, Bhilwara Spinner, SEL Mfg. Co, Flexituff Vent., and Deepak Spinners.

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What does Shanti Spintex do?

17-Jul-2025

Shanti Spintex Ltd is a Micro Cap company in the Garments & Apparels industry, recently transitioned to a Public Limited status in August 2023. Key metrics include a market cap of INR 117 Cr, a P/E ratio of 11.00, and a debt-equity ratio of 0.20.

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, under the name "Shanti Spintex Private Limited." The company transitioned from a Private Limited to a Public Limited status, with the name change to "Shanti Spintex Limited" 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 117 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 11.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.20<BR>Return on Equity: 11.78%<BR>Price-to-Book: 1.35<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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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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How big is Shanti Spintex?

24-Jul-2025

As of 23rd July, Shanti Spintex Ltd has a market capitalization of 112.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 86.57 Cr and Total Assets of 194.00 Cr; however, there is no valid financial data available for net sales or net profit for the latest four quarters.

As of 23rd July, <BR><BR>Market Cap: Shanti Spintex Ltd has a market capitalization of 112.00 Cr, categorizing it as a Micro Cap company. <BR><BR>Recent Quarterly Performance: There is no valid financial data available for net sales or net profit for the latest four quarters. <BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 86.57 Cr and Total Assets valued at 194.00 Cr.

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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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When is the next results date for Shanti Spintex?

07-Nov-2025

The next results date for Shanti Spintex is 14 November 2025.

The next results date for Shanti Spintex is scheduled for 14 November 2025.

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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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Why is Shanti Spintex falling/rising?

05-Dec-2025

As of 04-Dec, Shanti Spintex Ltd's stock price is at 62.00, reflecting a decline of 1.59%. The stock has underperformed significantly over the past month and year-to-date, with reduced investor participation contributing to its bearish trend.

As of 04-Dec, Shanti Spintex Ltd's stock price is falling, currently at 62.00, which reflects a decrease of 1.0 or 1.59%. This decline is evident in several performance metrics. Over the past week, the stock has remained flat with a change of 0.00%, while it has significantly underperformed over the past month, showing a drop of 11.43% compared to a 2.16% increase in the Sensex. Year-to-date, the stock is down 10.79%, contrasting with the Sensex's gain of 9.12%. <BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 1.18%. Additionally, it has shown erratic trading patterns, having not traded on one day out of the last 20 days. The stock has not fluctuated in price, opening and trading consistently at 62.00. It is also 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. <BR><BR>Furthermore, there is a notable decline in investor participation, with delivery volume dropping by 68.75% against the 5-day average. This lack of trading activity suggests reduced interest among investors, contributing to the stock's downward movement. Overall, these factors collectively explain the current decline in Shanti Spintex's stock price.

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iScoreScore
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Strong Sell
Sell
Hold
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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 106 Cr (Micro Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.05

stock-summary
Return on Equity

10.17%

stock-summary
Price to Book

1.06

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
-9.16%
0%
-9.16%
6 Months
1.64%
0%
1.64%
1 Year
-9.36%
0%
-9.36%
2 Years
0%
0%
0.0%
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
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News

Why is Shanti Spintex falling/rising?

Recent Price Movement and Market Comparison

Shanti Spintex’s share price has been under pressure over the past week, registering a decline of 8.33%, which starkly contrasts with the near-flat performance of the Sensex, which was down just 0.06% in the same period. Over the last month, the stock has fallen by 6.20%, while the Sensex gained 0.82%. Year-to-date figures further highlight the stock’s relative weakness, with Shanti Spintex down 9.71% compared to the Sensex’s robust 8.65% gain. Even on a one-year horizon, the stock’s modest 1.21% rise lags well behind the Sensex’s 7.31% advance.

Intraday Trading and Technical Indicators

On 24-Nov, the stock opened with a gap down, immediately reflecting a 6.33% loss from the previous close. During the ...

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Announcements stock-summary

Announcement under Regulation 30 (LODR)-Meeting Updates

01-Dec-2025 | Source : BSE

In continuation with our intimation dated 25.11.2025 regarding the investor meet at Samrudhi we hereby attach the webinar link for investors registration. Requesting to please take note of the same.

Announcement under Regulation 30 (LODR)-Investor Presentation

25-Nov-2025 | Source : BSE

We hereby submit our intimation of Companys presentation at Samruddhi 2.0 2025 an virtual event organized by the Hem securities Ltd. 0n 02.12.2025. Kindly take the same on records.

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

20-Nov-2025 | Source : BSE

As per the captioned subject please find attched herewith the transcript of the earning call as held on 17.11.2025. Requesting to take note of the same.

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)
40.70%
EBIT Growth (5y)
23.61%
EBIT to Interest (avg)
5.77
Debt to EBITDA (avg)
0.40
Net Debt to Equity (avg)
0.04
Sales to Capital Employed (avg)
6.68
Tax Ratio
24.89%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.59%
ROCE (avg)
15.07%
ROE (avg)
13.54%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
0
Price to Book Value
1.04
EV to EBIT
6.74
EV to EBITDA
5.02
EV to Capital Employed
1.05
EV to Sales
0.14
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
15.53%
ROE (Latest)
10.17%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-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

Jinendra Kumar Jain (1.35%)

Individual Investors Holdings

21.92%

stock-summaryFinancial
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  {
    "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) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 2.91% vs -0.04% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -4.56% vs -42.35% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Mar'25",
        "Change(%)"
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          "val2": "354.90",
          "chgp": "2.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.71",
          "val2": "8.08",
          "chgp": "-29.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.83",
          "val2": "0.82",
          "chgp": "1.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.56",
          "val2": "3.73",
          "chgp": "-4.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.56%",
          "val2": "2.28%",
          "chgp": "-0.72%",
          "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'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 40.35% vs 36.59% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -21.66% vs 28.53% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "709.94",
          "val2": "505.83",
          "chgp": "40.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.81",
          "val2": "24.64",
          "chgp": "-19.60%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.72",
          "val2": "3.23",
          "chgp": "-46.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "10.20",
          "val2": "13.02",
          "chgp": "-21.66%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.79%",
          "val2": "4.87%",
          "chgp": "-2.08%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary
Sep'25
Mar'25
Change(%)
Net Sales
365.22
354.90
2.91%
Operating Profit (PBDIT) excl Other Income
5.71
8.08
-29.33%
Interest
0.83
0.82
1.22%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.56
3.73
-4.56%
Operating Profit Margin (Excl OI)
1.56%
2.28%
-0.72%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 2.91% vs -0.04% in Mar 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is -4.56% vs -42.35% in Mar 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
709.94
505.83
40.35%
Operating Profit (PBDIT) excl Other Income
19.81
24.64
-19.60%
Interest
1.72
3.23
-46.75%
Exceptional Items
0.00
0.00
Standalone Net Profit
10.20
13.02
-21.66%
Operating Profit Margin (Excl OI)
2.79%
4.87%
-2.08%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 40.35% vs 36.59% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is -21.66% vs 28.53% in Mar 2024

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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