Source Industrie

Why is Source Industries (India) Ltd falling/rising?

As of 18-Aug, Source Industries (India) Ltd's stock price has risen to Rs. 37.99, reflecting a 1.99% increase, driven by strong short-term performance and investor interest. Despite this bullish trend, the company faces long-term challenges regarding fundamental strength.

As of 18-Aug, Source Industries (India) Ltd is experiencing a rise in its stock price, currently at Rs. 37.99, which reflects an increase of 0.74 or 1.99%. This upward movement can be attributed to several key factors. Firstly, the stock has shown significant performance over the past week, with a return of +9.83%, while the benchmark Sensex has declined by -1.18%. Over the last month, the stock has surged by +48.57%, contrasting sharply with the Sensex's -1.17% performance.<BR><BR>Additionally, the stock has reached a new 52-week and all-time high of Rs. 37.99 today, indicating strong market interest. It has outperformed its sector by 1.22% today and has been on a consecutive gain streak for the last 10 days, accumulating a total return of 21.1% during this period. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a strong bullish trend.<BR><BR>Investor participation has increased, as evidenced by a significant rise in delivery volume, which was up by 88.97% against the 5-day average on August 13. This indicates growing confidence among investors. Furthermore, the stock's liquidity is adequate for trading, based on the average traded value.<BR><BR>However, it is important to note that despite these positive short-term indicators, the company faces challenges in terms of long-term fundamental strength, with a low return on equity and weak growth metrics. Nonetheless, the current market sentiment appears to be driving the stock price higher in the short term.

Which are the latest news on Source Industrie?

Should I buy, sell or hold Source Industries (India) Ltd?

Who are in the management team of Source Industrie?

The management team of Source Industrie consists of Y Mallikharjuna Rao (Independent Director), Jaya Mahadev Yerramsetti (Non Executive Director), Lakshmi Nekkanti Satyasri (Independent Director), N Sudhakar (Managing Director), and Garima Gangwani (Company Secretary).

The management team of Source Industrie includes the following individuals:<BR><BR>1. Y Mallikharjuna Rao - Independent Director<BR>2. Jaya Mahadev Yerramsetti - Non Executive Director<BR>3. Lakshmi Nekkanti Satyasri - Independent Director<BR>4. N Sudhakar - Managing Director<BR>5. Garima Gangwani - Company Secretary<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

What does Source Industrie do?

Source Industries (India) Ltd is a micro-cap company in the textile industry, specializing in textile processing and manufacturing blankets and processed cloth. As of March 2026, it reported net sales and net profit of 0 Cr, with a market cap of INR 40 Cr.

Overview:<BR>Source Industries (India) Ltd operates in the textile industry, focusing on textile processing and manufacturing blankets and processed cloth, categorized as a micro-cap company.<BR><BR>History:<BR>Incorporated in 1984 as Tirumala Textile Processors Limited, the company underwent several name changes, becoming Tirumala Seung Han Textiles Limited until 1996, and finally rebranding to Source Industries (India) Limited in February 2012. The latest quarterly results reported net sales and net profit of 0 Cr for March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 40 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 227.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.03 <BR>Return on Equity: 4.07% <BR>Price to Book: 9.10 <BR><BR>Contact Details:<BR>Address: H No 63-3-668/10/20 1st Floor, Durganagar Colony Punjagutta Hyderabad Telangana : 500082 <BR>Tel: 040-42014389 <BR>Email: source.investors@gmail.com <BR>Website: http://www.sourceindustriesindia.com

Who are the peers of the Source Industrie?

Source Industrie’s peers include K P R Mill Ltd, Vardhman Textile, Welspun Living, Trident, Swan Corp, Kiran Syntex, and Richa Industries. Vardhman Textile leads with a 1-year return of 46.94%, while Swan Corp has the lowest at -29.75%.

Peers: The peers of Source Industrie are K P R Mill Ltd, Vardhman Textile, Welspun Living, Trident, Swan Corp, Jayatma Enterp., Kiran Syntex, and Richa Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at K P R Mill Ltd and Vardhman Textile, while Average management risk is found at Trident and Swan Corp. Below Average management risk is noted for Kiran Syntex, and the rest do not qualify. Growth is rated as Below Average for K P R Mill Ltd, Vardhman Textile, Welspun Living, Trident, Swan Corp, and Kiran Syntex, while the rest do not qualify. Capital Structure is rated as Excellent for K P R Mill Ltd and Vardhman Textile, Good for Trident, Average for Welspun Living, Below Average for Swan Corp and Kiran Syntex, and the rest do not qualify.<BR><BR>Return Snapshot: Vardhman Textile has the highest 1-year return at 46.94%, while Swan Corp has the lowest at -29.75%. Source Industrie’s 1-year return is not available for comparison. Additionally, Trident, Swan Corp, and Richa Industries have negative six-month returns.

How big is Source Industrie?

Summary could not be generated.

As of 14th August, <BR><BR>Market Cap: Source Industries (India) Ltd has a market capitalization of 41.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1.02 Cr, while the sum of Net Profit for the same period is 0.18 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

When is the next results date for Source Industries (India) Ltd?

The next results date for Source Industries (India) Ltd is 25 May 2026.

The next results date for Source Industries (India) Ltd is scheduled for 25 May 2026.

Who are the top shareholders of the Source Industrie?

The top shareholders of Source Industrie include promoter Ritesh Kumar Gupta with 3.34% and public shareholder Ram Reddy Swathi with 10.35%. Individual investors hold a significant 83.17%, with no institutional investors or mutual funds currently involved.

The top shareholders of Source Industrie include Ritesh Kumar Gupta, who is the promoter with the highest holding at 3.34%. The highest public shareholder is Ram Reddy Swathi, holding 10.35%. Additionally, individual investors collectively hold a significant portion of the company at 83.17%. There are no institutional investors or mutual funds currently holding shares in the company.

Is Source Industrie overvalued or undervalued?

As of November 12, 2024, Source Industrie is classified as risky and overvalued, with poor financial ratios indicating distress, contrasting sharply with peers like K P R Mill Ltd and Trident, despite a strong historical stock performance.

As of 12 November 2024, the valuation grade for Source Industrie has moved from does not qualify to risky. The company is currently assessed as overvalued. Key ratios indicate significant financial distress, with a PE ratio of -4.33, an EV to EBIT of -4.25, and a ROCE of -4.45%. <BR><BR>In comparison to its peers, Source Industrie stands out negatively; for instance, K P R Mill Ltd is classified as very expensive with a PE ratio of 47.51, while Trident is considered fair with a PE ratio of 42.6. The stark contrast in valuation metrics highlights the challenges Source Industrie faces. Despite a strong historical stock performance, with a 1-year return of 40.74% compared to the Sensex's 7.60%, the current financial ratios suggest that the company is not positioned favorably in the market.

What is the technical trend for Source Industrie?

As of 26 May 2025, the trend is neutral with the price at 3.80, the 52-week high, but lacks sufficient indicators for a clear bullish or bearish stance.

As of 26 May 2025, the technical trend has changed from mildly bullish to does not qualify. This indicates a neutral stance with insufficient indicators to determine a clear direction. The current price remains at 3.80, which is at the 52-week high, but without additional technical indicators or summary data, a definitive bullish or bearish stance cannot be established.

How has been the historical performance of the Source Industrie?

Source Industrie has experienced fluctuating revenues with slight increases in net sales, but consistent losses, reporting an operating profit of -Rs 0.14 crore and a net profit of -Rs 0.15 crore in March 2024, indicating ongoing financial struggles. The company's earnings per share also declined to -Rs 0.13, reflecting persistent challenges in achieving profitability.

Answer:<BR>The historical performance of Source Industrie shows a trend of fluctuating revenues and consistent losses over the years. In terms of net sales, the company reported Rs 0.07 crore in March 2024, an increase from Rs 0.05 crore in March 2023, but lower than Rs 0.09 crore in March 2020. Total operating income followed a similar pattern, with Rs 0.07 crore in March 2024 compared to Rs 0.05 crore in the previous year. However, total expenditure increased to Rs 0.21 crore in March 2024 from Rs 0.13 crore in March 2023, leading to an operating profit of -Rs 0.14 crore, which is worse than the -Rs 0.08 crore in March 2023. The net profit also declined to -Rs 0.15 crore in March 2024 from -Rs 0.08 crore in March 2023. The company's earnings per share (EPS) reflected this downward trend, with -Rs 0.13 in March 2024 compared to -Rs 0.07 in March 2023. The operating profit margin and profit after tax margin were both negative, indicating ongoing financial struggles.<BR><BR>Breakdown:<BR>Source Industrie’s financial results indicate a challenging operational environment. The net sales increased slightly to Rs 0.07 crore in March 2024 from Rs 0.05 crore in March 2023, but total operating income remained stagnant at Rs 0.07 crore. Expenditures rose significantly to Rs 0.21 crore, resulting in an operating profit of -Rs 0.14 crore, which is a deterioration from the previous year’s loss of -Rs 0.08 crore. The company’s net profit also worsened, dropping to -Rs 0.15 crore in March 2024 from -Rs 0.08 crore in March 2023. The EPS declined to -Rs 0.13, reflecting the company's ongoing financial difficulties. The margins, including the operating profit margin and PAT margin, remained negative, underscoring the persistent challenges faced by the company in achieving profitability.