Super Spinning

Why is Super Spinning Mills Ltd falling/rising?

As of 17-Jul, Super Spinning Mills Ltd's stock price is at 5.10, reflecting a 2.0% increase today, but it has a significant year-to-date decline of 36.57% and a one-year decline of 49.65%. Despite the short-term rise, longer-term trends and decreased investor participation indicate uncertainty about the stock's future performance.

As of 17-Jul, Super Spinning Mills Ltd's stock price is rising, currently at 5.10, which reflects a change of 0.1 or an increase of 2.0%. This rise is notable as it has outperformed the sector by 2.31% today. However, despite this positive movement, the stock has a significant year-to-date decline of 36.57% and a one-year decline of 49.65%, indicating a longer-term downward trend.<BR><BR>The stock's performance today is higher than its 5-day moving averages, but it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while there is a short-term uptick, the stock is still underperforming in the longer term. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 71.23% against the 5-day average, which could indicate a lack of confidence among investors despite the current rise in price. <BR><BR>Overall, while there is a short-term increase in the stock price, the broader context of declining performance over longer periods and reduced investor activity suggests that the stock's future movements may still be uncertain.

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 Sanjay Krishna Ramamurthi and Nikhil Govind Ramamurthi (both Non-Executive Directors). 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.

Who are the peers of the Super Spinning?

Super Spinning's peers include Sparkle GoldRock, Katare Spinning, Hindoo Mills, Pasupati Spinng., Spenta Intl., Aditya Spinners, Vaxtex Cotfab, Paramount Dye, and Signoria Creatio. Super Spinning has below-average growth and capital structure, with a 1-year return of -49.77%, worse than Sparkle GoldRock's -33.00%.

Peers: The peers of Super Spinning are Sparkle GoldRock, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Spenta Intl., Aditya Spinners, Vaxtex Cotfab, Paramount Dye, and Signoria Creatio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Signoria Creatio, while Average management risk is found at Spenta Intl. and Paramount Dye. Below Average management risk is present at Sparkle GoldRock, Super Spinning, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Aditya Spinners, Vaxtex Cotfab, and the rest. Growth is excellent at Sparkle GoldRock and Signoria Creatio, while below average growth is noted at Super Spinning, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Spenta Intl., Aditya Spinners, Vaxtex Cotfab, and the rest. Average capital structure is seen at Sparkle GoldRock, Spenta Intl., and Paramount Dye, while below average capital structure is present at Super Spinning, Katare Spinning, Hindoo. Mills, Pasupati Spinng., Aditya Spinners, Vaxtex Cotfab, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sparkle GoldRock at -33.00%, while the peer with the lowest 1-year return is Super Spinning at -49.77%, indicating that Super Spinning's return is worse than Sparkle GoldRock's. Additionally, peers such as Super Spinning, Spenta Intl., Aditya Spinners, and Vaxtex Cotfab have negative six-month returns.

What does Super Spinning do?

Super Spinning Mills Ltd is a micro-cap company in the Garments & Apparels industry, primarily producing cotton yarn. As of March 2026, it reported net sales of 2 Cr and a net loss of 7 Cr, with a market cap of INR 30 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 operations significantly over the years, increasing its installed capacity to 1,46,606 spindles across three operational units. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -7 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 30 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.30<BR>- Return on Equity: -0.73%<BR>- Price to Book: 0.51<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

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

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.

how big is Super Spinning?

As of October 2023, Super Spinning Mills Ltd has a market capitalization of 54.73 Cr, classified as a Micro Cap, with recent net sales of 6.63 Cr and a net profit of -16.40 Cr over the latest four quarters.

Market Cap: Super Spinning Mills Ltd has a market capitalization of 54.73 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The company reported a sum of Net Sales for the latest 4 quarters of 6.63 Cr and a sum of Net Profit of -16.40 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The Balance Sheet data is Consolidated and pertains to the reporting period of March 2016. The Shareholder's Funds are valued at 50.59 Cr, while the Total Assets amount to 207.30 Cr.

When is the next results date for Super Spinning?

No Upcoming Board Meetings

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.