Source Industrie

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.

how big is Source Industrie?

As of May 05, Source Industries (India) Ltd has a market capitalization of 4.00 Cr, classifying it as a Micro Cap company, with recent net sales of 0.06 Cr and a net profit of -0.06 Cr.

Market Cap: As of May 05, Source Industries (India) Ltd has a market capitalization of 4.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the company reported Net Sales of 0.06 Cr and a Net Profit of -0.06 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: The Balance Sheet data is Consolidated and pertains to the reporting period of March 2014. Shareholder's Funds are valued at 3.77 Cr, while Total Assets amount to 7.41 Cr.

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.

Who are in the management team of Source Industrie?

As of March 2019, 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). They are responsible for the company's strategic direction and operations.

As of March 2019, the management team of Source Industrie includes:<BR><BR>- Y Mallikharjuna Rao, Independent Director<BR>- Jaya Mahadev Yerramsetti, Non Executive Director<BR>- Lakshmi Nekkanti Satyasri, Independent Director<BR>- N Sudhakar, Managing Director<BR>- Garima Gangwani, Company Secretary<BR><BR>These individuals play key roles in guiding the company's strategic direction and operations.

What does Source Industrie do?

Source Industries (India) Ltd is a micro-cap textile company specializing in processing and manufacturing blankets and cloth. It was incorporated in 1984 and reported net sales and net profit of 0 Cr for September 2024, with a market cap of INR 4 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 September 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Sep 2024) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2024) <BR>Market-cap value: INR 4 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 52 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.02 <BR>Return on Equity: -1.31% <BR>Price to Book: 0.95 <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 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.

When is the next results date for Source Industrie?

The next results date for Source Industrie is 14 November 2025.

The next results date for Source Industrie is scheduled for 14 November 2025.

Which are the latest news on Source Industrie?

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

As of 14-Feb, Source Industries (India) Ltd's stock price is stable at 5.05, having increased by 4.99% over the past week, month, and year-to-date, while outperforming the benchmark Sensex. The stock has reached a new 52-week high, indicating strong performance and increased investor interest, supported by a significant rise in delivery volume.

As of 14-Feb, Source Industries (India) Ltd is experiencing a stable stock price of 5.05, with no change recorded. However, the stock has shown a positive trend over various periods, with a notable increase of 4.99% over the past week, month, and year-to-date, while the benchmark Sensex has declined by 1.14%, 1.20%, and 3.04% respectively during the same periods. <BR><BR>Today, the stock reached a new 52-week high of Rs. 5.05, indicating strong performance. It has outperformed its sector by 2.16%, reflecting positive investor sentiment. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a bullish indicator. <BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which surged by 147.5% compared to the 5-day average. This suggests growing interest and confidence among investors. Furthermore, the textile sector, in which Source Industries operates, has gained by 2.85%, contributing to the stock's positive momentum.<BR><BR>Overall, the combination of reaching a new high, outperforming the sector, and increased investor participation are key factors contributing to the stock's rising trend.