Shri Techtex

Why is Shri Techtex Ltd falling/rising?

As of 27-Jun, Shri Techtex Ltd's stock price is currently at 64.00, reflecting a decline of 1.54%. The stock has dropped significantly over the past week, month, and year, underperforming compared to the benchmark Sensex, indicating a bearish trend despite some positive investor participation.

As of 27-Jun, Shri Techtex Ltd's stock price is falling, currently at 64.00, which reflects a decrease of 1.0 or 1.54%. This decline is evident when looking at the stock's performance over various periods; it has dropped by 6.02% over the past week and 16.34% over the past month, while the benchmark Sensex has only decreased by 0.46% and increased by 0.10% respectively during the same periods. Additionally, the stock has seen a significant decline of 28.89% over the past year, compared to a smaller drop of 4.71% in the Sensex.<BR><BR>Despite the current price drop, there are some positive indicators, such as an increase in investor participation, with a delivery volume rise of 36.36% against the 5-day average. However, the stock's performance today is described as inline with the sector, and it is currently trading lower than its 5-day, 20-day, and 50-day moving averages, which suggests a bearish trend. Overall, the combination of significant recent declines and underperformance relative to the benchmark indicates that Shri Techtex Ltd's stock is currently falling.

Which are the latest news on Shri Techtex?

What does Shri Techtex do?

Shri Techtex Ltd is a Micro Cap company in the Garments & Apparels industry, originally established in 2011 and rebranded in 2018. It currently has no reported sales or profit data for the latest quarter, with a market cap of INR 157 Cr.

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 Ltd 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 sales and profit data reported for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 157 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.01 <BR>Return on Equity: 16.37% <BR>Price-to-Book: 1.33 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Shri Techtex?

As of 10th June, Shri Techtex Ltd has a market capitalization of 157.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 98.55 Cr and Total Assets of 115.18 Cr reported as of March 2025. There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Shri Techtex Ltd has a market capitalization of 157.00 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 latest reporting period is March 2025, with Shareholder's Funds amounting to 98.55 Cr and Total Assets valued at 115.18 Cr.

Who are the peers of the Shri Techtex?

Peers of Shri Techtex include S D Retail, Indian Terrain, Avi Ansh, Salona Cotspin, Praxis Home, Lagnam Spintex, and Jasch Industries. Management risk varies from excellent at Shri Techtex and Jasch Industries to below average at Avi Ansh and Praxis Home, with Salona Cotspin showing the highest 1-year return at 3.19% and S D Retail the lowest at -35.46%.

Peers: The peers of Shri Techtex are S D Retail, Indian Terrain, Avi Ansh, Salona Cotspin, Praxis Home, Lagnam Spintex, and Jasch Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shri Techtex and Jasch Industries, while Average management risk is found at S D Retail, Indian Terrain, Salona Cotspin, and Lagnam Spintex, and the rest. Below Average management risk is present at Avi Ansh and Praxis Home. Growth is rated as Good at Avi Ansh, while Below Average growth is noted at Shri Techtex, S D Retail, Indian Terrain, Salona Cotspin, Praxis Home, and the rest. Average growth is seen at Lagnam Spintex. Capital Structure is rated as Excellent at Shri Techtex and Jasch Industries, Good at S D Retail, and Below Average at Indian Terrain, Avi Ansh, Salona Cotspin, Praxis Home, and Lagnam Spintex.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Salona Cotspin at 3.19%, while the peer with the lowest is S D Retail at -35.46%, and Shri Techtex's own 1-year return is -23.17%, which is better than S D Retail but worse than Salona Cotspin. Additionally, Avi Ansh, Praxis Home, Lagnam Spintex, and Indian Terrain have negative six-month returns.

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