When is the next results date for Swadeshi Polytex?

No Upcoming Board Meetings

Who are in the management team of Swadeshi Polytex?

As of March 2022, the management team of Swadeshi Polytex includes Vice Chairman Hartaj Sewa Singh, nominee Palani Samy Kungumaraju, and independent directors S S Madan, N K Gupta, Naveen Aggarwal, and Purti Marwaha.

As of March 2022, the management team of Swadeshi Polytex includes the following individuals:<BR><BR>1. Hartaj Sewa Singh - Vice Chairman<BR>2. Palani Samy Kungumaraju - Nominee<BR>3. S S Madan - Independent Director<BR>4. N K Gupta - Independent Director<BR>5. Naveen Aggarwal - Independent Director<BR>6. Purti Marwaha - Independent Director<BR><BR>These members play various roles within the company's governance structure.

What does Swadeshi Polytex do?

Swadeshi Polytex Ltd is a micro-cap manufacturer of polyester staple fibre in the Garments & Apparels industry, with no net sales and a net profit loss reported for March 2025. The company has been stagnant since its incorporation in 1970.

Overview: <BR>Swadeshi Polytex Ltd is a manufacturer of polyester staple fibre operating in the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Incorporated in March 1970, Swadeshi Polytex Limited was promoted by the Swadeshi Cotton Mills Company. The company has been stagnating since its inception, with the latest quarterly results reported for March 2025 showing no net sales and a net profit loss.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 261 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 112.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.95 <BR>Return on Equity: 2.05% <BR>Price to Book: 2.30 <BR><BR>Contact Details: <BR>Address: New Kavi Nagar, Industrial Area Ghaziabad Uttar Pradesh : 201002 <BR>Tel: 91-120-2701472 <BR>Email: info@splindia.com <BR>Website: http://www.splindia.co.in

Has Swadeshi Polytex declared dividend?

No Dividend History Available

Who are the peers of the Swadeshi Polytex?

Swadeshi Polytex's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Rubtec, RRIL, Virat Industries, and Lorenzini Appar. While Swadeshi Polytex has good management risk and excellent capital structure, it has lower growth and the lowest 1-year return among its peers at -69.00%.

Peers: The peers of Swadeshi Polytex are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Rubtec, RRIL, Virat Industries, and Lorenzini Appar.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Swadeshi Polytex, Trent, and Lorenzini Appar. Average management risk is present at Trident and Virat Industries, and Below Average management risk is noted at Mahalaxmi Rubtec and RRIL. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Average growth is noted at Swadeshi Polytex and Lorenzini Appar. Good growth is observed at Trent, and Below Average growth is found at Page Industries, Vedant Fashions, Trident, Mahalaxmi Rubtec, RRIL, and Virat Industries. Lastly, Excellent capital structure is held by K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is noted at Trident, Mahalaxmi Rubtec, and Virat Industries, and Swadeshi Polytex has an Excellent capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Virat Industries at 232.42%, while Swadeshi Polytex has the lowest at -69.00%. This indicates that Swadeshi Polytex's return is significantly lower than its peers. Additionally, the six-month return is negative for Swadeshi Polytex, Vedant Fashions, Trident, RRIL, and Lorenzini Appar.

Is Swadeshi Polytex overvalued or undervalued?

As of February 12, 2025, Swadeshi Polytex is considered a risky investment due to its high PE ratio of 114.58, negative EV to EBIT and EV to EBITDA ratios, and a concerning ROCE of -61.06%, all of which indicate it is overvalued compared to peers like K P R Mill Ltd and Trident, alongside a poor year-to-date stock return of -26.06%.

As of 12 February 2025, the valuation grade for Swadeshi Polytex has moved from very expensive to risky, indicating a significant shift in its financial standing. The company is currently assessed as overvalued, given its high PE ratio of 114.58 and negative EV to EBIT and EV to EBITDA ratios of -42.41 and -44.34, respectively. Additionally, the ROCE stands at a concerning -61.06%, which further underscores the company's financial challenges.<BR><BR>In comparison to its peers, Swadeshi Polytex's valuation metrics are starkly higher than those of K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE of 42.6. This disparity highlights that Swadeshi Polytex is not only overvalued relative to its competitors but also reflects a broader trend of underperformance, as evidenced by its year-to-date stock return of -26.06% compared to the Sensex's 5.61%. Overall, the combination of high valuation ratios and poor financial performance suggests that Swadeshi Polytex is not a favorable investment at this time.

What is the technical trend for Swadeshi Polytex?

As of May 15, 2025, Swadeshi Polytex shows a mildly bearish trend, influenced by daily moving averages, while mixed signals from weekly and monthly indicators indicate underlying pressure despite a bullish monthly RSI.

As of 15 May 2025, the technical trend for Swadeshi Polytex has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment. The weekly MACD and KST show mildly bullish signals, but the monthly MACD and Bollinger Bands remain bearish, suggesting mixed signals across different time frames. The RSI on the monthly chart is bullish, yet the overall trend remains under pressure due to the significant decline in the stock's performance over the past year.

Who are the top shareholders of the Swadeshi Polytex?

The top shareholders of Swadeshi Polytex are National Textile Corporation Limited with 33.62%, individual investors with 24.22%, Melvin Powell Vanaspati & Engineering Industries at 2.11%, and a Foreign Institutional Investor holding 0.41%. There are no pledged promoter holdings or mutual fund shares in the company.

The top shareholders of Swadeshi Polytex include the following:<BR><BR>1. **National Textile Corporation Limited** - This entity holds the largest share, with a stake of 33.62%.<BR>2. **Individual Investors** - Collectively, individual investors own 24.22% of the company.<BR>3. **Melvin Powell Vanaspati & Engineering Industries** - This public shareholder holds 2.11%.<BR>4. **Foreign Institutional Investors (FIIs)** - There is one FII that holds 0.41% of the shares.<BR><BR>Additionally, there are no pledged promoter holdings, and mutual funds do not hold any shares in the company.

How big is Swadeshi Polytex?

As of 24th July, Swadeshi Polytex Ltd has a market capitalization of 247.00 Cr, with recent net sales of 4.39 Cr and a net profit loss of 0.00 Cr. Shareholder's funds are 111.02 Cr, and total assets amount to 115.39 Cr.

As of 24th July, Swadeshi Polytex Ltd has a market capitalization of 247.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 4.39 Cr. The Net Profit for the same period was recorded as a loss of 0.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 111.02 Cr and Total Assets totaling 115.39 Cr.

Are Swadeshi Polytex latest results good or bad?

Swadeshi Polytex's latest results are concerning, with a financial score decline to -11 and a 100% drop in net sales, despite a 263.46% increase in net profit from a low base. MarketsMOJO recommends a 'Strong Sell' due to the company's ongoing challenges in the textile sector.

Swadeshi Polytex's latest results indicate a challenging situation for the company. In the third quarter of fiscal year 2024-25, the company reported a decline in its financial score, dropping to -11 from -8, which suggests ongoing difficulties in maintaining financial health. <BR><BR>The quarterly results show a significant drop in net sales, with a growth rate of -100% compared to the previous quarter, indicating that the company did not generate any sales during this period. While there was a notable increase in standalone net profit, which rose by 263.46%, this was from a very low base, and the overall financial performance remains concerning.<BR><BR>Given these factors, MarketsMOJO has issued a 'Strong Sell' recommendation for Swadeshi Polytex, reflecting the negative outlook and challenges the company faces in the textile sector. Investors should be cautious and closely monitor the company's future performance as it attempts to navigate these difficulties.

How has been the historical performance of Swadeshi Polytex?

Swadeshi Polytex experienced a significant decline in financial performance from March 2024 to March 2025, with net sales dropping from INR 99.26 crore to INR 0.40 crore, and operating profit turning into a loss of INR 3.51 crore. Cash flow from operating activities also turned negative at INR -6.00 crore, indicating a challenging year following a strong 2024.

Answer:<BR>The historical performance of Swadeshi Polytex shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Swadeshi Polytex experienced a dramatic decline in net sales from INR 99.26 crore in March 2024 to just INR 0.40 crore in March 2025. This drop is accompanied by a total operating income decrease from INR 99.26 crore to INR 0.40 crore in the same period. The company reported a total expenditure of INR 3.91 crore in March 2025, which is a decrease from INR 6.82 crore in March 2024. Operating profit (PBDIT) fell sharply to a loss of INR 3.51 crore in March 2025, compared to a profit of INR 92.44 crore the previous year. Profit before tax also decreased significantly to INR 3.44 crore in March 2025 from INR 99.06 crore in March 2024, while profit after tax dropped to INR 2.26 crore from INR 82.49 crore. The company's total assets increased to INR 115.39 crore in March 2025 from INR 112.23 crore in March 2024, with total liabilities also rising to INR 115.39 crore. Cash flow from operating activities turned negative at INR -6.00 crore in March 2025, contrasting with a positive cash flow of INR 43.00 crore in March 2024. Overall, the financial performance of Swadeshi Polytex indicates a challenging year in 2025 following a strong performance in 2024.

Which are the latest news on Swadeshi Polytex?

Why is Swadeshi Polytex falling/rising?

As of 04-Dec, Swadeshi Polytex Ltd's stock price is at 50.98, reflecting a decline of -0.25% and a total drop of -4.71% over the last four days. The stock is trading below all key moving averages, indicating a bearish trend and decreased investor interest.

As of 04-Dec, Swadeshi Polytex Ltd's stock price is falling, currently at 50.98, which reflects a change of -0.13 (-0.25%). The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of -4.71% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment.<BR><BR>Investor participation has also decreased, with the delivery volume on 03 Dec dropping by -58.84% compared to the 5-day average, suggesting reduced interest from investors. This combination of declining stock performance, lower trading volumes, and being below key moving averages contributes to the overall negative trend in Swadeshi Polytex's stock price.