Shri Techtex

When is the next results date for Shri Techtex?

No Upcoming Board Meetings

Has Shri Techtex declared dividend?

No Dividend History Available

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.

Who are the peers of the Shri Techtex?

Peers of Shri Techtex include Soma Textiles, S D Retail, Mahalaxmi Rubtec, and others. Management risk varies from excellent at Mahalaxmi Rubtec to below average at S D Retail, with Shri Techtex showing good management risk and a 1-year return of 19.49%.

Peers: The peers of Shri Techtex are Soma Textiles, S D Retail, Mahalaxmi Rubtec, Lorenzini Appar., Active Clothing, True Green, Omnitex Industri, Atvo Enterprises, and Swadeshi Polytex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mahalaxmi Rubtec and Swadeshi Polytex, while Good management risk is found at Shri Techtex, Lorenzini Appar., and the rest. Average management risk is present at Soma Textiles and Omnitex Industri, while Below Average management risk is noted at S D Retail, Active Clothing, True Green, Atvo Enterprises, and the rest. Growth is Good at Active Clothing, Average at Shri Techtex, Lorenzini Appar., and Omnitex Industri, while Below Average growth is seen at Soma Textiles, S D Retail, Mahalaxmi Rubtec, True Green, Atvo Enterprises, and the rest. Capital Structure is Excellent at Swadeshi Polytex, Good at Mahalaxmi Rubtec, Shri Techtex, and Lorenzini Appar., while Below Average is noted at Soma Textiles, S D Retail, Active Clothing, True Green, Omnitex Industri, Atvo Enterprises, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Soma Textiles at 141.70%, while the lowest is Lorenzini Appar. at -54.24%. Shri Techtex's 1-year return of 19.49% is higher than that of S D Retail, Mahalaxmi Rubtec, and the rest, but lower than Soma Textiles. Additionally, the six-month returns are negative for Lorenzini Appar. and S D Retail.

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 has a market cap of INR 232 Cr, with key metrics including a P/E of 16.00 and a return on equity of 17.49%.

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 in 2011 as a Partnership Firm under the name "M/s Shree Techtex Company." The name was changed to "M/s Shri Techtex" on July 3, 2018, through an amendment in the Deed of Partnership. 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 232 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 16.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.01 <BR>Return on Equity: 17.49% <BR>Price-to-Book: 2.76 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

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.

How big is Shri Techtex?

As of 24th July, Shri Techtex Ltd has a market capitalization of 225.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. The balance sheet as of March 2024 shows Shareholder's Funds of 83.89 Cr and Total Assets of 100.06 Cr.

As of 24th July, <BR><BR>Market Cap: Shri Techtex Ltd has a market capitalization of 225.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 83.89 Cr and Total Assets of 100.06 Cr.

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.

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.

Why is Shri Techtex Ltd falling/rising?

As of 13-Feb, the stock price of Shri Techtex Ltd is at 64.55, unchanged from the previous session and underperforming its sector by 0.49%. Despite a positive return of 12.85% year-to-date, the stock has faced challenges with declining investor participation and mixed moving average signals, indicating potential stagnation in price movement.

As of 13-Feb, the stock price of Shri Techtex Ltd is currently at 64.55, showing no change from the previous trading session. The stock has underperformed its sector by 0.49% today, indicating a relative weakness in performance. Over the past week, the stock has decreased by 0.69%, while the benchmark Sensex has fallen by 0.87%, suggesting that the stock is not significantly diverging from broader market trends. <BR><BR>In terms of longer-term performance, the stock has shown a positive return of 9.69% over the past month, contrasting with a decline of 1.02% in the Sensex during the same period. Year-to-date, the stock has appreciated by 12.85%, while the Sensex has decreased by 2.52%. However, the stock has underperformed over the past year, with a decline of 7.19%, while the Sensex has gained 10.59%.<BR><BR>Today's trading activity indicates a falling investor participation, with a delivery volume of 4,000 shares on February 11, which is a significant drop of 65.52% compared to the 5-day average. This decline in trading volume may suggest reduced interest from investors, which could contribute to the stock's stagnation in price. <BR><BR>Additionally, while the stock is above its 20-day, 50-day, and 100-day moving averages, it is below its 5-day and 200-day moving averages, indicating mixed signals regarding its short-term and long-term trends. Overall, the combination of underperformance relative to the sector, declining investor participation, and mixed moving average indicators suggests that the stock is currently facing challenges that may contribute to its stagnant price movement.

Which are the latest news on Shri Techtex?