Source Industrie

Which are the latest news on Source Industrie?

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

As of 05-Sep, Source Industries (India) Ltd's stock price has risen to Rs.49.07, reflecting a 2.0% increase. This growth is driven by strong recent performance, reaching a new all-time high, and increased investor interest, despite some long-term fundamental concerns.

As of 05-Sep, Source Industries (India) Ltd is experiencing a rise in its stock price, currently at Rs.49.07, which reflects an increase of 0.96 or 2.0%. This upward movement can be attributed to several key factors. Firstly, the stock has shown impressive performance over the past week, gaining 10.34% while the benchmark Sensex has declined by 0.97%. Over the past month, the stock has surged by 56.42%, contrasting with a 2.44% drop in the Sensex.<BR><BR>Additionally, Source Industries has reached a new 52-week and all-time high of Rs.49.07 today, indicating strong market interest. The stock has been on a consecutive gain streak for 21 days, accumulating a remarkable 50.43% return during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals positive momentum.<BR><BR>Investor participation has notably increased, with delivery volume on September 3 rising by 704.25% compared to the 5-day average, suggesting heightened interest among investors. Furthermore, the stock's liquidity is adequate for trading, as it represents 2% of the 5-day average traded value.<BR><BR>Despite some concerns regarding long-term fundamental strength, such as a low return on equity and weak growth in net sales and operating profit, the current market dynamics and recent performance metrics indicate a strong upward trend for Source Industries (India) Ltd.

Who are in the management team of Source Industrie?

The management team of Source Industrie includes 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 details about their roles or the company, 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 June 2026, it reported net sales and profit of 0 Cr, with a market cap of INR 51 Cr.

Overview:<BR>Source Industries (India) Ltd operates in the textile industry, focusing on textile processing and the manufacturing of 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 changing to 'Source Industries (India) Limited' in February 2012. The latest quarterly results reported net sales and net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 51 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 287.00 <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: 11.47 <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?

Peers of Source Industrie include K P R Mill Ltd, Welspun Living, Vardhman Textile, Trident, Swan Corp, Jayatma Enterp., Kiran Syntex, and Richa Industries. Management risk varies from excellent at K P R Mill Ltd and Vardhman Textile to below average at Source Industrie, with Welspun Living showing the highest 1-year return at 79.54%.

Peers: The peers of Source Industrie are K P R Mill Ltd, Welspun Living, Vardhman Textile, 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 Good management risk is found at Welspun Living. Average management risk is present at Trident and Swan Corp, while Source Industrie and Kiran Syntex exhibit Below Average management risk. Jayatma Enterp. and Richa Industries do not qualify for management risk assessment. Growth is Below Average for K P R Mill Ltd, Welspun Living, Vardhman Textile, Trident, Swan Corp, Source Industrie, and Kiran Syntex, while Jayatma Enterp. and Richa Industries do not qualify. Capital Structure is Excellent at K P R Mill Ltd and Vardhman Textile, Average at Welspun Living, Good at Trident, Below Average at Swan Corp, Source Industrie, and Kiran Syntex, and does not qualify for Jayatma Enterp. and Richa Industries.<BR><BR>Return Snapshot: Welspun Living has the highest 1-year return at 79.54%, while Swan Corp has the lowest at -34.01%. Source Industrie does not have a 1-year return available for comparison. Additionally, Trident, Swan Corp, and Richa Industries have negative six-month returns.

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

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.