Swadeshi Polytex

Which are the latest news on Swadeshi Polytex?

Why is Swadeshi Polytex Ltd falling/rising?

As of 19-Jun, Swadeshi Polytex Ltd's stock price is declining at 36.55, down 4.52%, following a trend reversal after previous gains. The stock has significantly underperformed both its sector and the Sensex year-to-date, contributing to negative investor sentiment.

As of 19-Jun, Swadeshi Polytex Ltd's stock price is falling, currently at 36.55, which reflects a change of -1.73 or -4.52%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by -1.69% today, indicating weaker performance compared to its peers. <BR><BR>Additionally, the stock's year-to-date performance shows a significant decline of -27.38%, which is notably worse than the Sensex's drop of -9.88% in the same period. Over the past year, the stock has decreased by -48.39%, while the Sensex has only fallen by -5.60%. This long-term underperformance may contribute to negative investor sentiment.<BR><BR>Investor participation is also declining, as evidenced by a delivery volume of 5.51k on June 17, which has decreased by -18.35% compared to the 5-day average. Although the stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, suggesting a bearish trend in the longer term. Overall, these factors indicate that Swadeshi Polytex Ltd is experiencing a decline in its stock price.

How big is Swadeshi Polytex?

As of 10th June, Swadeshi Polytex Ltd has a market capitalization of 137.00 Cr, classified as a Micro Cap, with recent net sales of 4.39 Cr and a net profit loss of 0.00 Cr over the latest two quarters.

As of 10th June, <BR><BR>Market Cap: Swadeshi Polytex Ltd has a market capitalization of 137.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 2 quarters is 4.39 Cr, while the sum of Net Profit for the latest 2 quarters is a loss of 0.00 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 111.02 Cr and Total Assets valued at 115.39 Cr.

Who are in the management team of Swadeshi Polytex?

The management team of Swadeshi Polytex includes Hartaj Sewa Singh (Vice Chairman), Palani Samy Kungumaraju (Nominee), and five Independent Directors: S S Madan, N K Gupta, Naveen Aggarwal, and Purti Marwaha.

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>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Swadeshi Polytex?

Swadeshi Polytex's peers include Indian CardCloth, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Lorenzini Appar., Salona Cotspin, Lagnam Spintex, and Avi Ansh. Swadeshi Polytex has excellent capital structure but the lowest 1-year return at -47.84% among its peers.

Peers: The peers of Swadeshi Polytex are Indian CardCloth, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Lorenzini Appar., Salona Cotspin, Lagnam Spintex, and Avi Ansh.<BR><BR>Quality Snapshot: Excellent management risk is observed at Swadeshi Polytex and Lorenzini Appar., while Average management risk is found at Indian CardCloth, BSL, Salona Cotspin, and Lagnam Spintex. Below Average management risk is present at Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, and Avi Ansh. Growth is Average at Swadeshi Polytex and Lagnam Spintex, while Below Average growth is noted at Indian CardCloth, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Lorenzini Appar., and Avi Ansh. The rest have Below Average growth. Capital Structure is Excellent at Swadeshi Polytex, Good at Lorenzini Appar., and Below Average at Indian CardCloth, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Salona Cotspin, Lagnam Spintex, and Avi Ansh.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Salona Cotspin at 6.17%, while the lowest is Swadeshi Polytex at -47.84%. Swadeshi Polytex's 1-year return is significantly lower than all its peers. Additionally, the six-month return is negative for Swadeshi Polytex, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Lorenzini Appar., and Avi Ansh.

What does Swadeshi Polytex do?

Swadeshi Polytex Ltd is a micro-cap company involved in real estate development and the garments industry, originally focused on manufacturing polyester staple fibre. As of March 2026, it reported a net profit of 1 Cr and has a market cap of INR 137 Cr.

Overview: <BR>Swadeshi Polytex Ltd is engaged in real estate development and allied businesses within the garments and apparels industry, classified as a micro-cap company.<BR><BR>History: <BR>Incorporated in March 1970, Swadeshi Polytex Limited was initially focused on manufacturing polyester staple fibre. The company has been stagnating since its inception and reported its most recent net profit for the quarter ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 137 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 34.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.83 <BR>Return on Equity: 3.66% <BR>Price to Book: 1.21 <BR><BR>Contact Details: <BR>Address: New Kavi Nagar, Industrial Area Ghaziabad Uttar Pradesh : 201002 <BR>Phone: 91-120-2701472 <BR>Email: info@splindia.com <BR>Website: http://www.splindia.co.in

When is the next results date for Swadeshi Polytex Ltd?

The next results date for Swadeshi Polytex Ltd is 22 May 2026.

The next results date for Swadeshi Polytex Ltd is scheduled for 22 May 2026.

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.

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.

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.

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.

Has Swadeshi Polytex declared dividend?

No Dividend History Available