Shine Fashions

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE0BLY01023
  • NSEID:
  • BSEID: 543244
INR
22.98
1.48 (6.88%)
BSENSE

Sep 18, 03:30 PM

BSE+NSE Vol: 4000

  • 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

4.0 k (66.67%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

67.47%

Which are the latest news on Shine Fashions?

18-Sep-2026
No latest news for Shine Fashions found.

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

06-Sep-2026

As of 05-Sep, Shine Fashions (India) Ltd's stock price is at 25.95, reflecting a slight decline of -0.19%. Despite recent short-term gains and increased investor participation, the stock underperforms its sector and is below key long-term moving averages, indicating potential weakness.

As of 05-Sep, Shine Fashions (India) Ltd is experiencing a slight decline in its stock price, currently at 25.95, which reflects a change of -0.05 or -0.19%. This decrease comes despite the stock showing a positive performance over the past week and month, with returns of +1.76% and +5.23% respectively, while the benchmark Sensex has declined by -0.97% and -2.44% during the same periods.<BR><BR>However, the stock has underperformed its sector today by -1.46%. While it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, indicating a potential long-term weakness. Additionally, despite a significant increase in investor participation, with delivery volume rising by 300% against the 5-day average, the overall market sentiment appears to be cautious, contributing to the current price decline. <BR><BR>Overall, while there are some positive indicators such as rising investor participation and short-term gains, the stock's current performance reflects a combination of underperformance against its sector and a position below key long-term moving averages.

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Who are in the management team of Shine Fashions?

01-Sep-2026

The management team of Shine Fashions is led by Chairman Anil Zaverchand Mehta. For more details about other team members, please ask!

The management team of Shine Fashions includes Anil Zaverchand Mehta, who serves as the Chairman. If you need more specific details about other members of the management team or additional information about the company, feel free to ask!

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What does Shine Fashions do?

01-Sep-2026

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 INR 69 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 net 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: INR 69 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 8.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.40 <BR>Return on Equity: 27.58% <BR>Price to Book: 2.16 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

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Who are the peers of the Shine Fashions?

01-Sep-2026

Shine Fashions' peers include Fiberweb (India), Betex India, Nagreeka Exports, Ashnoor Textile, Pion. Embroider., Riba Textiles, and Jakharia Fabric. Shine Fashions exhibits excellent management and growth, while its peers generally show average to below-average performance in these areas, with Betex India having the highest 1-year return at 21.54%.

Peers: The peers of Shine Fashions are Fiberweb (India), Betex India, Nagreeka Exports, Ashnoor Textile, Pion. Embroider., Riba Textiles, and Jakharia Fabric.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shine Fashions, while Average management risk is found at Fiberweb (India), Nagreeka Exports, and Ashnoor Textile, and the rest. Below Average management risk is noted at Betex India, Pion. Embroider., Riba Textiles, and Jakharia Fabric. Growth is Excellent at Shine Fashions, while Below Average growth is seen at Fiberweb (India), Betex India, Nagreeka Exports, Ashnoor Textile, Pion. Embroider., Riba Textiles, and Jakharia Fabric. Capital Structure is Excellent at Fiberweb (India), Good at Shine Fashions, and Average at Ashnoor Textile, while Below Average capital structure is noted at Betex India, Nagreeka Exports, Pion. Embroider., Riba Textiles, and Jakharia Fabric.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Betex India at 21.54%, while the lowest is Fiberweb (India) at -39.39%. Shine Fashions does not have a 1-year return available for comparison. Additionally, peers with negative six-month returns include Fiberweb (India), Pion. Embroider., Riba Textiles, and Jakharia Fabric.

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How big is Shine Fashions?

01-Sep-2026

As of 31st August, Shine Fashions (India) Ltd has a market capitalization of 69.00 Cr, categorizing it as a Micro Cap company, with recent net sales of 8.36 Cr and a net profit of 0.02 Cr for the quarter ending September 2022.

As of 31st August, Shine Fashions (India) Ltd has a market capitalization of 69.00 Cr, which categorizes 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, where Shareholder's Funds amount to 23.33 Cr and Total Assets are valued at 58.59 Cr.

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When is the next results date for Shine Fashions (India) Ltd?

26-May-2026

The next results date for Shine Fashions (India) Ltd is 30 May 2026.

The next results date for Shine Fashions (India) Ltd is scheduled for 30 May 2026.

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How has been the historical performance of Shine Fashions?

15-Nov-2025

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.

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Is Shine Fashions overvalued or undervalued?

29-Aug-2025

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.

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What is the bonus history of Shine Fashions?

24-Jul-2025

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!

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Who are the top shareholders of the Shine Fashions?

17-Jul-2025

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.

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What is the technical trend for Shine Fashions?

09-Jun-2025

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.

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Has Shine Fashions 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

7.00

stock-summary
Industry P/E

22

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.40

stock-summary
Return on Equity

27.58%

stock-summary
Price to Book

1.82

Revenue and Profits:
Net Sales:
8 Cr
(Quarterly Results - Sep 2022)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.17%
0%
-4.17%
6 Months
-4.25%
0%
-4.25%
1 Year
-45.21%
0%
-45.21%
2 Years
-52.21%
0.03%
-52.18%
3 Years
200.39%
0.13%
200.52%
4 Years
0%
0.29%
0.29%
5 Years
191.62%
0.14%
191.76%

Latest dividend: 0.0125 per share ex-dividend date: Jul-04-2025

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

Icon
No Recent News for the Company

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

07-Sep-2026 | Source : BSE

Newspaper Advertisement regarding the Notice of Seventh Annual General Meeting of the Company.

Notice Of Seventh Annual General Meeting Of The Company

05-Sep-2026 | Source : BSE

Notice of Seventh Annual General Meeting of the Company to be held on Wednesday 30.09.2026 at 12.30 P.M. at the registered office of the Company.

Reg. 34 (1) Annual Report.

05-Sep-2026 | Source : BSE

Seventh Annual Report of the Company

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Shine Fashions (India) Ltd has declared 2% dividend, ex-date: 04 Jul 25

stock-summary
SPLITS

Shine Fashions (India) Ltd has announced 5:10 stock split, ex-date: 15 Nov 21

stock-summary
BONUS

Shine Fashions (India) Ltd has announced 7:1 bonus issue, ex-date: 25 Jul 25

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
70.60%
EBIT Growth (5y)
66.43%
EBIT to Interest (avg)
5.90
Debt to EBITDA (avg)
1.11
Net Debt to Equity (avg)
0.40
Sales to Capital Employed (avg)
2.15
Tax Ratio
25.18%
Dividend Payout Ratio
0.54%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
32.79%
ROE (avg)
35.96%

Valuation key factors

Factor
Value
P/E Ratio
7
Industry P/E
22
Price to Book Value
1.95
EV to EBIT
6.12
EV to EBITDA
6.11
EV to Capital Employed
1.68
EV to Sales
0.75
PEG Ratio
0.79
Dividend Yield
NA
ROCE (Latest)
27.42%
ROE (Latest)
27.58%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
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

Anil Zaverchand Mehta (25.56%)

Highest Public shareholder

Securocrop Securities India Private Limited (2.35%)

Individual Investors Holdings

23.34%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Sep'22 - QoQstock-summary

Sep'22
Change(%)
Net Sales
8.36
NA
NA
Operating Profit (PBDIT) excl Other Income
-0.04
NA
NA
Interest
0.04
NA
NA
Exceptional Items
0.00
NA
NA
Standalone Net Profit
0.02
NA
NA
Operating Profit Margin (Excl OI)
-0.48%
NA%
NA
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

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

Mar'26
Sep'25
Change(%)
Net Sales
58.16
43.83
32.69%
Operating Profit (PBDIT) excl Other Income
4.84
6.96
-30.46%
Interest
0.55
0.28
96.43%
Exceptional Items
-7.55
0.00
Consolidate Net Profit
-2.09
5.02
-141.63%
Operating Profit Margin (Excl OI)
8.32%
15.88%
-7.56%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Mar 2026 is 32.69% vs -7.41% in Sep 2025

Direction Arrows
Consolidated Net Profit

Growth in half year ended Mar 2026 is -141.63% vs 33.16% in Sep 2025

Nine Monthly Results Snapshot (Standalone) - Sep'22stock-summary

Sep'22
Sep'22
Change(%)
Net Sales
51.49
42.04
22.48%
Operating Profit (PBDIT) excl Other Income
7.14
4.48
59.37%
Interest
0.56
0.36
55.56%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.03
3.16
59.18%
Operating Profit Margin (Excl OI)
13.87%
10.66%
3.21%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Sep 2022 is 22.48% vs 51.06% in Sep 2022

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Sep 2022 is 59.18% vs 109.27% in Sep 2022

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

Mar'26
Mar'25
Change(%)
Net Sales
102.00
81.58
25.03%
Operating Profit (PBDIT) excl Other Income
11.82
9.33
26.69%
Interest
0.83
0.04
1,975.00%
Exceptional Items
-7.55
0.00
Consolidate Net Profit
2.93
6.98
-58.02%
Operating Profit Margin (Excl OI)
11.59%
11.44%
0.15%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 25.03% vs 50.71% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is -58.02% vs 78.52% in Mar 2025

stock-summaryCompany CV
About Shine Fashions (India) Ltd stock-summary
stock-summary
Shine Fashions (India) Ltd
Micro Cap
Garments & Apparels
Shine Fashions (India) Limited was incorporated and registered with the Registrar of Companies, Central Registration Centre pursuant to a Certificate of Incorporation dated September 11, 2019. Subsequently, Company took over the entire business of sole proprietorship firm 'AM FABRICS' of the Promoter- Mr. Anil Mehta vide Business Transfer Agreement on September 30, 2019.
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