Shine Fashions

What does Shine Fashions do?

Shine Fashions (India) Ltd is a Micro Cap company in the Garments & Apparels industry, incorporated in 2019, with recent net sales of 8 Cr and a market cap of Rs 114 Cr. The company reported a net profit of 0 Cr for the quarter ending September 2022.

Overview:<BR>Shine Fashions (India) Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 2019 and took over the business of the sole proprietorship firm 'AM FABRICS' on September 30, 2019. The latest quarterly results reported net sales and profit for the period ending September 2022.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 8 Cr (Quarterly Results - Sep 2022) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2022) <BR>Market-cap value: Rs 114 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 16.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.08 <BR>Return on Equity: 69.25% <BR>Price to Book: 10.94 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

When is the next results date for Shine Fashions?

No Upcoming Board Meetings

Has Shine Fashions declared dividend?

No Dividend History Available

Who are the peers of the Shine Fashions?

Shine Fashions' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Jattashankar Ind, Vippy Spinpro, Deepak Spinners, and Globe Textiles. Shine Fashions has an average management risk, excellent growth, and a 1-year return of 105.77%, while Jattashankar Ind leads with a 1-year return of 1155.00%.

Peers: The peers of Shine Fashions are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Jattashankar Ind, Vippy Spinpro, Deepak Spinners, and Globe Textiles.<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 and Deepak Spinners. Average management risk is present at Shine Fashions, Trident, and Vippy Spinpro, while Below Average management risk is noted at Jattashankar Ind and Globe Textiles. Growth is Excellent at Shine Fashions, while Excellent growth is also seen at K P R Mill Ltd. Good growth is observed at Trent and Jattashankar Ind, while Average growth is found at Vippy Spinpro. Below Average growth is noted at Page Industries, Vedant Fashions, Trident, and Deepak Spinners, and the rest have Below Average growth. Capital Structure is Excellent at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is found at Shine Fashions, Trent, Jattashankar Ind, Vippy Spinpro, and Deepak Spinners. Below Average capital structure is noted at Globe Textiles.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jattashankar Ind at 1155.00%, while the peer with the lowest 1-year return is Vedant Fashions at -24.67%. Shine Fashions has a 1-year return of 105.77%, which is significantly higher than Vedant Fashions but lower than Jattashankar Ind. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, Deepak Spinners, and Globe Textiles.

What is the technical trend for Shine Fashions?

As of May 7, 2025, Shine Fashions shows a mildly bearish trend due to bearish moving averages and KST, despite some bullish signals from the MACD and Bollinger Bands.

As of 7 May 2025, the technical trend for Shine Fashions has changed from mildly bullish to mildly bearish. The weekly MACD remains bullish, but the monthly MACD has turned mildly bearish, indicating a potential weakening in momentum. The daily moving averages are also mildly bearish, reinforcing the current negative sentiment. The KST is bearish on a weekly basis and mildly bearish monthly, while the RSI shows no signals in both time frames. Although the Bollinger Bands are bullish on both weekly and monthly charts, the overall indicators suggest a cautious outlook. Dow Theory indicates a mildly bullish stance on the weekly chart but shows no trend on the monthly. The OBV is mildly bullish weekly, but with no trend monthly, further complicating the picture. Overall, the current stance is mildly bearish, driven primarily by the bearish signals in moving averages and KST.

Who are in the management team of Shine Fashions?

The management team of Shine Fashions, as of March 2020, is led by Chairman Anil Zaverchand Mehta, who receives a remuneration of 0 INR.

As of March 2020, the management team of Shine Fashions includes Anil Zaverchand Mehta, who serves as the Chairman. His remuneration is noted as 0 INR.

Who are the top shareholders of the Shine Fashions?

The top shareholder of Shine Fashions is Anish Anil Mehta, holding 28.6% of the shares, with no pledged promoter holdings. Trans Media Pvt Ltd is the largest public shareholder at 2.09%, while individual investors collectively own 25.59%.

The top shareholders of Shine Fashions include the promoters, with Anish Anil Mehta holding the largest share at 28.6%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Trans Media Pvt Ltd, which holds 2.09%. Additionally, individual investors collectively hold 25.59% of the shares.

What is the bonus history of Shine Fashions?

Shine Fashions has announced a 7:1 bonus issue, where shareholders will receive 7 additional shares for every 1 share held. The ex-date and record date for this bonus is July 25, 2025.

Shine Fashions has a recent bonus issue history where they announced a 7:1 bonus issue. The ex-date for this bonus is set for July 25, 2025, and the record date is the same day. This means that for every 1 share held, shareholders will receive an additional 7 shares. If you have any more questions about the company or its financial activities, feel free to ask!

How big is Shine Fashions?

As of 24th July, Shine Fashions (India) Ltd has a market capitalization of 146.00 Cr, with recent net sales of 8.36 Cr and a net profit of 0.02 Cr for the quarter ending September 2022.

As of 24th July, Shine Fashions (India) Ltd has a market capitalization of 146.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarter ending September 2022, Shine Fashions reported Net Sales of 8.36 Cr and a Net Profit of 0.02 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 23.33 Cr and Total Assets totaling 58.59 Cr.

Is Shine Fashions overvalued or undervalued?

As of August 28, 2025, Shine Fashions is considered undervalued with a PE ratio of 17.46 and an impressive ROCE of 63.21%, making it a more attractive investment compared to peers like Lloyds Enterprises and MMTC, despite recent stock performance lagging behind the Sensex.

As of 28 August 2025, Shine Fashions has moved from a fair to a very attractive valuation grade. The company is currently considered undervalued, given its strong financial metrics. Key ratios include a PE ratio of 17.46, an EV to EBIT of 11.37, and an impressive ROCE of 63.21%. <BR><BR>In comparison to its peers, Shine Fashions stands out with a significantly lower PE ratio than Lloyds Enterprises, which has a PE of 38.36, and a more favorable EV to EBITDA ratio compared to the likes of MMTC, which is at 129.91. This suggests that Shine Fashions offers a more compelling investment opportunity relative to its peers. Additionally, while the company's recent stock performance has lagged behind the Sensex over the past month, its remarkable 3-year return of 770.57% reinforces the potential for growth and value in the long term.

How has been the historical performance of Shine Fashions?

Shine Fashions has shown significant growth from Mar'21 to Mar'25, with net sales increasing from 6.88 Cr to 81.58 Cr and profit after tax rising from 0.23 Cr to 6.99 Cr, alongside substantial improvements in operating profit and total assets. Overall, the company has demonstrated strong sales, profitability, and asset growth over the past five years.

Answer:<BR>The historical performance of Shine Fashions shows significant growth over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Shine Fashions has experienced remarkable growth in net sales, increasing from 6.88 Cr in Mar'21 to 81.58 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 6.88 Cr in Mar'21 to 81.58 Cr in Mar'25. The company's total expenditure also increased, from 6.64 Cr in Mar'21 to 72.25 Cr in Mar'25, but the operating profit (PBDIT) improved significantly, reaching 9.40 Cr in Mar'25 compared to just 0.29 Cr in Mar'21. Profit before tax followed a similar trajectory, climbing from 0.26 Cr in Mar'21 to 9.34 Cr in Mar'25, leading to a profit after tax of 6.99 Cr in Mar'25, up from 0.23 Cr in Mar'21. The company's total assets grew from 6.12 Cr in Mar'21 to 58.59 Cr in Mar'25, while total liabilities also increased from 6.12 Cr to 5.90 Cr in the same period. Cash flow from operating activities showed improvement, with a net cash inflow of 12.00 Cr in Mar'25, compared to 0.00 Cr in previous years. Overall, Shine Fashions has demonstrated strong growth in sales, profitability, and asset accumulation over the past five years.

Why is Shine Fashions (India) Ltd falling/rising?

As of 16-Mar, Shine Fashions (India) Ltd's stock price has risen slightly to 26.00, following four days of decline, but it continues to underperform its sector and is trading below key moving averages. Despite a year-to-date drop of 38.82% and increased investor interest, the stock's long-term outlook remains weak.

As of 16-Mar, Shine Fashions (India) Ltd is experiencing a slight rise in its stock price, currently at 26.00, with a change of 0.1 (0.39%) upward. This increase comes after a period of four consecutive days of decline, indicating a potential trend reversal. However, despite this recent uptick, the stock has underperformed its sector by 0.63% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting ongoing weakness in its performance relative to longer-term trends.<BR><BR>In terms of broader performance, Shine Fashions has faced significant declines over various periods, with a year-to-date drop of 38.82% and a one-year decline of 49.61%. In contrast, the benchmark Sensex has only decreased by 11.40% and increased by 2.27% over the same one-year period. This stark difference highlights the challenges faced by Shine Fashions in the market.<BR><BR>On a more positive note, there has been a rise in investor participation, with delivery volume increasing by 33.33% against the 5-day average, indicating growing interest among investors. However, the stock's erratic trading, having not traded on one day out of the last 20, adds to the uncertainty surrounding its performance. Overall, while there is a slight rise in price today, the stock's longer-term trajectory remains concerning.

Which are the latest news on Shine Fashions?