Super Spinning

Why is Super Spinning Mills Ltd falling/rising?

As of 01-Sep, Super Spinning Mills Ltd's stock price is rising to 6.56, reflecting a 4.96% increase, driven by strong short-term performance and increased promoter confidence. Despite long-term challenges, recent positive financial results have contributed to this upward trend.

As of 01-Sep, Super Spinning Mills Ltd's stock price is rising, currently at 6.56, with a change of 0.31, reflecting a 4.96% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 10.07% while the Sensex declined by 0.92%. Additionally, the stock has shown a strong performance over the past month, with a rise of 21.48%, contrasting with the Sensex's drop of 1.47%.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 4.84%, and it has been on a consecutive gain streak for the last three days, accumulating a total return of 10.25% during this period. Furthermore, there has been a positive development in promoter confidence, as promoters have increased their stake in the company by 0.66%, now holding 43.46% of the company, which signals a belief in the company's future prospects.<BR><BR>Despite these positive indicators, it is important to note that the stock has faced challenges in the long term, including a significant decline in net sales over the past five years and a negative return on equity. However, the recent positive results reported on June 26, with a higher profit after tax of Rs 5.14 Cr, may have contributed to the current rise in stock price. Overall, the combination of recent gains, improved promoter confidence, and strong short-term performance has led to the stock's upward movement.

Which are the latest news on Super Spinning?

Who are in the management team of Super Spinning?

The management team of Super Spinning includes Sumanth Ramamurthi (Chairman & Managing Director), Sudarsan Varadaraj, C G Kumar, Suguna Ravichandran, B Lakshmi Narayana (all Independent Directors), Narmatha G K (Company Secretary & Compliance Officer), and non-executive directors Sanjay Krishna Ramamurthi and Nikhil Govind Ramamurthi. They oversee the company's operations and strategic direction.

The management team of Super Spinning includes the following members:<BR><BR>1. **Sumanth Ramamurthi** - Chairman & Managing Director<BR>2. **Sudarsan Varadaraj** - Independent Director<BR>3. **C G Kumar** - Independent Director<BR>4. **Suguna Ravichandran** - Independent Director<BR>5. **B Lakshmi Narayana** - Independent Director<BR>6. **Narmatha G K** - Company Secretary & Compliance Officer<BR>7. **Sanjay Krishna Ramamurthi** - Non-Executive Director<BR>8. **Nikhil Govind Ramamurthi** - Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Super Spinning do?

Super Spinning Mills Ltd is a micro-cap company in the Garments & Apparels industry, primarily producing cotton yarn with a market cap of INR 34 Cr. As of June 2026, it reported net sales of 2 Cr and a net profit of 1 Cr.

Overview:<BR>Super Spinning Mills Ltd is a micro-cap company operating in the Garments & Apparels industry, primarily engaged in the production of cotton yarn.<BR><BR>History:<BR>Super Spinning Mills Ltd was incorporated in 1962, with commercial production of cotton yarn commencing in April 1964. The company has expanded its spindle capacity over the years, reaching 1,46,606 spindles across three operational units. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market cap: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.11<BR>- Return on Equity: -0.07%<BR>- Price to Book: 0.66<BR><BR>Contact Details:<BR>Address: ELGI Towers PB 7113 737-D, Green Fields Puliakulam Road Coimbatore Tamil Nadu : 641045<BR>Tel: 91-0422-2311711/4351711<BR>Email: investor@ssh.saraelgi.com<BR>Website: http://www.superspinning.com

Who are the peers of the Super Spinning?

Super Spinning's peers include Gokak Textiles, Spenta Intl., Suryaamba Spinni, Akshar Spintex, Valson Industrie, Avax Apparels, Swasti Vinayaka, and Pasupati Spinng. Avax Apparels shows excellent management and growth, while Super Spinning has below-average growth and a 1-year return of -34.55%.

Peers: The peers of Super Spinning are Gokak Textiles, Spenta Intl., Suryaamba Spinni, Akshar Spintex, Valson Industrie, Avax Apparels, Swasti Vinayaka, and Pasupati Spinng.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Spenta Intl., Suryaamba Spinni, and Swasti Vinayaka, and the rest have Below Average management risk. Growth is Excellent at Avax Apparels, while Average growth is seen at Suryaamba Spinni and the rest, with Below Average growth at Spenta Intl., Super Spinning, Akshar Spintex, Valson Industrie, and Pasupati Spinng. Capital Structure is Good at Avax Apparels and Swasti Vinayaka, Average at Suryaamba Spinni, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Spenta Intl. at 9.83%, while the lowest is Gokak Textiles at -32.24%, with Super Spinning's own 1-year return at -34.55%, which is lower than both. Additionally, peers with negative six-month returns include Gokak Textiles, Suryaamba Spinni, Akshar Spintex, Avax Apparels, Swasti Vinayaka, and Pasupati Spinng.

How big is Super Spinning?

Summary could not be generated.

As of 14th August, <BR><BR>Market Cap: Super Spinning Mills Ltd has a market capitalization of 32.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of net sales for the latest four quarters is 6.31 Cr. The sum of net profit for the same period shows a loss of 5.18 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

Should I buy, sell or hold Super Spinning Mills Ltd?

When is the next results date for Super Spinning Mills Ltd?

The next results date for Super Spinning Mills Ltd is 06 August 2026.

The next results date for Super Spinning Mills Ltd is scheduled for 06 August 2026.

Are Super Spinning Mills Ltd latest results good or bad?

Super Spinning Mills Ltd's latest results show a significant profit increase of 132% in Q3 FY26, but revenue declined slightly and has stagnated year-on-year, raising concerns about long-term sustainability and operational challenges. Investors should consider these mixed signals when evaluating the company's prospects.

Super Spinning Mills Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q3 FY26, reaching ₹1.16 crores, which is a remarkable 132% growth compared to the previous quarter. This surge in profitability is largely attributed to reduced interest costs and favorable tax adjustments, leading to a high PAT margin of 73.42%, up from 31.45% in the prior quarter.<BR><BR>However, the revenue for the same quarter was ₹1.58 crores, reflecting a slight decline of 0.63% compared to the previous quarter, and it has shown no growth year-on-year. This stagnation in revenue is concerning, especially given the company's long-term trend of declining sales, which has seen a catastrophic 39.83% compound annual decline over the past five years.<BR><BR>While the profit margins appear impressive, they may not be sustainable and raise questions about the quality of earnings. The company's operational challenges, including minimal scale and chronic revenue decline, overshadow the positive profit figures. Additionally, the absence of institutional investor interest and the stock's significant underperformance compared to the broader market further complicate the outlook.<BR><BR>In summary, while the quarterly profit results are strong, the underlying issues with revenue stagnation and long-term decline suggest that the overall performance is concerning. Investors should weigh these factors carefully when considering the company's prospects.

How has been the historical performance of Super Spinning?

Super Spinning has experienced a significant decline in net sales and profitability from March 2014 to March 2017, with net sales dropping from 521.03 Cr to 290.14 Cr and profit after tax falling from 1.86 Cr to a loss of 9.12 Cr. Overall, the company has struggled to maintain financial stability during this period.

Answer:<BR>The historical performance of Super Spinning shows a declining trend in net sales and profitability over the years, particularly from March 2014 to March 2017.<BR><BR>Breakdown:<BR>Super Spinning's net sales have decreased significantly from 521.03 Cr in March 2014 to 290.14 Cr in March 2017. Other operating income has also seen a decline, dropping from 7.41 Cr in March 2014 to 3.93 Cr in March 2017, leading to a total operating income reduction from 528.44 Cr to 294.07 Cr in the same period. The total expenditure, excluding depreciation, followed a similar downward trend, falling from 488.66 Cr in March 2014 to 292.96 Cr in March 2017. Operating profit, excluding other income, plummeted from 39.78 Cr in March 2014 to just 1.11 Cr in March 2017, while the overall operating profit, including other income, decreased from 44.71 Cr to 13.81 Cr. Profit before tax turned negative, going from a profit of 3.38 Cr in March 2014 to a loss of 11.75 Cr in March 2017. Consequently, profit after tax also fell from 1.86 Cr to a loss of 9.12 Cr. The earnings per share reflected this decline, moving from 0.34 in March 2014 to -1.66 in March 2017. Overall, Super Spinning has faced significant challenges in maintaining sales and profitability over the years.

Who are the top shareholders of the Super Spinning?

The top shareholder of Super Spinning is Sumanth Ramamurthi, holding 17.16%, followed by the Unclaimed Suspense Account at 1.63%. Individual investors collectively own 49.06%, with no pledged promoter holdings and minimal institutional investor involvement.

The top shareholders of Super Spinning include Sumanth Ramamurthi, who holds the highest stake at 17.16%. Additionally, the highest public shareholder is the Unclaimed Suspense Account of Super Spinning Mills Limited, with a holding of 1.63%. Individual investors collectively hold a significant portion at 49.06%. Notably, there are no pledged promoter holdings, and institutional investors have minimal involvement, with mutual funds and foreign institutional investors holding 0.0%.

Is Super Spinning overvalued or undervalued?

As of August 14, 2024, Super Spinning is considered very expensive and overvalued, with a PE ratio of -21.39, an EV to EBITDA of 15.44, and a ROCE of 4.75%, significantly underperforming its peers and experiencing a year-to-date decline of 26.65% compared to the Sensex's gain of 5.61%.

As of 14 August 2024, the valuation grade for Super Spinning has moved from risky to very expensive, indicating a significant shift in perception. The company is currently deemed overvalued. Key ratios include a PE ratio of -21.39, an EV to EBITDA of 15.44, and a ROCE of 4.75%. <BR><BR>In comparison to its peers, Super Spinning's valuation metrics stand out unfavorably; for instance, K P R Mill Ltd has a PE ratio of 47.51, while Trident is rated fair with a PE of 42.6. Additionally, Super Spinning's recent stock performance shows a year-to-date decline of 26.65%, contrasting with the Sensex's gain of 5.61%, further reinforcing the notion of overvaluation.

What is the technical trend for Super Spinning?

As of May 12, 2025, Super Spinning's technical trend is mildly bearish, with bearish weekly MACD and moving averages, while showing some potential for recovery on the monthly chart despite mixed signals from other indicators.

As of 12 May 2025, the technical trend for Super Spinning has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The daily moving averages are also bearish, reinforcing the negative short-term outlook. The Bollinger Bands show a bearish stance on the weekly chart but are mildly bullish on the monthly chart, suggesting some potential for recovery over a longer time frame. The KST is bearish weekly but bullish monthly, indicating mixed signals. The OBV is mildly bullish on both weekly and monthly time frames, which could suggest some accumulation despite the overall bearish trend. Overall, the current technical stance is mildly bearish, with key indicators such as the MACD and moving averages driving this assessment.

Has Super Spinning declared dividend?

Super Spinning Mills Ltd has declared a 15% dividend, amounting to 0.1500 per share, but the dividend yield is 0%. Total returns have varied, with significant gains over longer periods despite some declines in shorter terms.

Super Spinning Mills Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 0.1500<BR>- Ex-date: 08 Sep 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -19.26%, the dividend return was 0%, resulting in a total return of -19.26%.<BR><BR>For the 1-year period, the price return was 33.2%, the dividend return was 0%, leading to a total return of 33.2%.<BR><BR>Over the 2-year period, the price return was 49.63%, the dividend return was 0%, culminating in a total return of 49.63%.<BR><BR>In the 3-year period, the price return was -9.42%, the dividend return was 0%, which resulted in a total return of -9.42%.<BR><BR>For the 4-year period, the price return was 61.75%, the dividend return was 0%, yielding a total return of 61.75%.<BR><BR>In the 5-year period, the price return was 163.31%, the dividend return was 0%, giving a total return of 163.31%.<BR><BR>Overall, while Super Spinning Mills Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show a mixed performance, with significant gains over longer periods despite some declines in shorter terms.