Shri Techtex

Why is Shri Techtex Ltd falling/rising?

As of 02-Sep, Shri Techtex Ltd's stock price is at 59.55, down 2.3%, and has underperformed its sector. The stock is trading below all key moving averages and has seen a significant drop in investor participation, with a 17.41% decline over the past year compared to a 2.71% drop in the Sensex.

As of 02-Sep, Shri Techtex Ltd's stock price is falling, currently at 59.55, which reflects a decrease of 1.4 or 2.3%. The stock has underperformed its sector by 2.32% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 54.55% compared to the 5-day average. Over the past year, the stock has decreased by 17.41%, contrasting sharply with the Sensex, which has only fallen by 2.71% during the same period. These factors collectively contribute to the downward movement in the stock's price.

Which are the latest news on Shri Techtex?

What does Shri Techtex do?

Shri Techtex Ltd operates in the Garments & Apparels industry as a Micro Cap company, originally established in 2011. It has no recent sales or profit data, with a market cap of INR 152 Cr and a P/E ratio of 8.00.

Overview: <BR>Shri Techtex Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Shri Techtex was originally formed as a Partnership Firm named "M/s Shree Techtex Company" in 2011. The name was changed to "M/s Shri Techtex" on July 3, 2018. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 152 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.01 <BR>Return on Equity: 16.37% <BR>Price-to-Book: 1.29 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

Who are the peers of the Shri Techtex?

Peers of Shri Techtex include Filatex Fash., Salona Cotspin, Lorenzini Appar., Indian Terrain, Lambodhara Text., Avi Ansh, Swadeshi Polytex, and Osiajee Texfab. Management risk varies from excellent to below average, with Salona Cotspin showing the highest 1-year return at 10.43% and Filatex Fash. the lowest at -66.04%.

Peers: The peers of Shri Techtex are Filatex Fash., Salona Cotspin, Lorenzini Appar., Indian Terrain, Lambodhara Text., Avi Ansh, Swadeshi Polytex, and Osiajee Texfab.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shri Techtex and Lorenzini Appar., while Good management risk is found at Swadeshi Polytex. Average management risk is present at Salona Cotspin, Indian Terrain, Lambodhara Text., and Osiajee Texfab, and Below Average management risk is noted for Filatex Fash. and Avi Ansh. Growth is Good at Avi Ansh and Below Average at Filatex Fash., Salona Cotspin, Indian Terrain, Lambodhara Text., and Shri Techtex, while Average growth is seen at Swadeshi Polytex and Osiajee Texfab. Capital Structure is Excellent for Shri Techtex and Swadeshi Polytex, Good for Lorenzini Appar. and Osiajee Texfab, Average for Filatex Fash., Lambodhara Text., and Indian Terrain, and Below Average for Salona Cotspin and Avi Ansh.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Salona Cotspin at 10.43%, while the lowest is Filatex Fash. at -66.04%. Shri Techtex's 1-year return is -19.80%, which is higher than Filatex Fash. but lower than Salona Cotspin. Additionally, the six-month returns for Filatex Fash., Avi Ansh, and Indian Terrain are negative.

How big is Shri Techtex?

As of 31st August, Shri Techtex Ltd has a market capitalization of 152.00 Cr, classifying it as a Micro Cap company. There is no valid data available for Net Sales and Net Profit for the latest four quarters.

As of 31st August, <BR><BR>Market Cap: Shri Techtex Ltd has a market capitalization of 152.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 117.84 Cr and Total Assets valued at 134.04 Cr.

How has been the historical performance of Shri Techtex?

Shri Techtex has shown consistent growth over the past three years, with net sales increasing from 56.92 Cr in Mar'23 to 82.67 Cr in Mar'25, and profit after tax rising from 9.11 Cr to 14.67 Cr. The company also improved its operating profit margin to 25.33% and strengthened its balance sheet, with total assets growing from 73.86 Cr to 115.18 Cr.

Answer:<BR>The historical performance of Shri Techtex shows a consistent growth trend in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Shri Techtex's net sales increased from 56.92 Cr in Mar'23 to 76.38 Cr in Mar'24, and further to 82.67 Cr in Mar'25, indicating a robust growth trajectory. Total operating income mirrored this trend, rising from 56.92 Cr in Mar'23 to 82.67 Cr in Mar'25. The total expenditure also grew, from 44.42 Cr in Mar'23 to 61.73 Cr in Mar'25, driven by rising raw material costs and other expenses. Operating profit (PBDIT) improved significantly from 13.65 Cr in Mar'23 to 25.04 Cr in Mar'25, reflecting an increase in operating profit margin, which was 25.33% in Mar'25. Profit before tax rose from 11.61 Cr in Mar'23 to 19.90 Cr in Mar'25, while profit after tax also saw an increase from 9.11 Cr to 14.67 Cr in the same period. The earnings per share (EPS) improved from 5.19 in Mar'23 to 5.88 in Mar'25. On the balance sheet, total assets increased from 73.86 Cr in Mar'23 to 115.18 Cr in Mar'25, with total liabilities rising from 73.86 Cr to 115.18 Cr as well. Cash flow from operating activities showed a positive trend, moving from -7.00 Cr in Mar'23 to 8.00 Cr in Mar'24, while the net cash inflow was 1.00 Cr in Mar'24. Overall, Shri Techtex has demonstrated strong growth in revenue and profitability, alongside a solid balance sheet position.

Is Shri Techtex overvalued or undervalued?

As of August 28, 2025, Shri Techtex is considered very attractive and undervalued with a PE ratio of 13.43, significantly lower than peers like K P R Mill Ltd at 40.73, and has outperformed the Sensex with a 14.92% return over the past year.

As of 28 August 2025, the valuation grade for Shri Techtex has moved from fair to very attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued, supported by a PE ratio of 13.43, an EV to EBITDA ratio of 9.38, and a PEG ratio of 0.69, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison with peers, Shri Techtex's valuation metrics stand out favorably; for instance, K P R Mill Ltd is deemed very expensive with a PE ratio of 40.73, while Vardhman Textile, which is rated as fair, has a PE ratio of 15.27. This reinforces the notion that Shri Techtex is undervalued relative to its industry counterparts. Additionally, the company's recent stock performance has outpaced the Sensex over the past year, with a return of 14.92% compared to the Sensex's decline of 2.20%, further supporting the attractiveness of its current valuation.

Who are the top shareholders of the Shri Techtex?

The top shareholders of Shri Techtex include promoter Hanskumar Ramakant Agarwal with 25.69%, three foreign institutional investors holding 0.88%, and public shareholder Sanjeevkumar Taparia with 1.78%. Individual investors own 24.64%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Shri Techtex include the promoters, who hold the majority of the shares. The promoter with the highest holding is Hanskumar Ramakant Agarwal, owning 25.69% of the company. Additionally, there are three foreign institutional investors (FIIs) that collectively hold 0.88% of the shares. The highest public shareholder is Sanjeevkumar Taparia, with a holding of 1.78%. Individual investors collectively own 24.64% of the company. Notably, there are no pledged promoter holdings, and no mutual funds are currently invested in Shri Techtex.

What is the technical trend for Shri Techtex?

As of June 3, 2025, Shri Techtex exhibits a bullish technical trend, supported by a bullish MACD and moving averages, despite a mildly bullish Dow Theory and neutral RSI signals.

As of 3 June 2025, the technical trend for Shri Techtex has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the overall bullish stance, while the daily moving averages also indicate bullish momentum. The Bollinger Bands on a weekly basis are bullish, and the On-Balance Volume (OBV) shows a mildly bullish trend. However, the Dow Theory indicates a mildly bullish stance on the weekly timeframe, and both the weekly and monthly RSI show no signals. Overall, the current technical stance is bullish with moderate strength, driven primarily by the bullish MACD and moving averages.

When is the next results date for Shri Techtex?

No Upcoming Board Meetings

Has Shri Techtex declared dividend?

No Dividend History Available