Winsome Yarns

When is the next results date for Winsome Yarns?

No Upcoming Board Meetings

What does Winsome Yarns do?

Winsome Yarns Ltd is a manufacturer of combed and carded cotton yarn in the Garments & Apparels industry, incorporated in 1990. As of September 2024, it reported net sales of 1 Cr and a net loss of 5 Cr, with a market cap of Rs 13 Cr.

Overview: <BR>Winsome Yarns Ltd is a manufacturer of combed and carded cotton yarn, operating in the Garments & Apparels industry within the Micro Cap market segment.<BR><BR>History: <BR>Incorporated on 19 July 1990, Winsome Yarns was promoted by Winsome Textile Industries in collaboration with the Punjab State Industrial Development Corporation. The latest quarterly results reported net sales and profit for September 2024.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1 Cr (Quarterly Results - Sep 2024) <BR>Most recent Net Profit: -5 Cr (Quarterly Results - Sep 2024) <BR>Market-cap value: Rs 13 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.26 <BR>Return on Equity: 3.52% <BR>Price to Book: -0.03<BR><BR>Contact Details: <BR>Address: SCO 191-192, Sector 34 A Chandigarh Chandigarh (U T): 160022 <BR>Phone: 91-712-2603966/4646757/4646749 <BR>Email: cshare@winsomegroup.com <BR>Website: http://www.winsomegroup.com

Has Winsome Yarns declared dividend?

Winsome Yarns Ltd has declared a 1% dividend, amounting to 0.0400 per share, but the dividend yield is currently 0%. Total returns have varied, with significant negative returns in the short term and positive returns over the longer term.

Winsome Yarns Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.0400<BR>- Ex-date: Sep-17-2008<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -48.47%, the dividend return was 0%, resulting in a total return of -48.47%.<BR><BR>For the 1-year period, the price return was -46.53%, the dividend return was 0%, leading to a total return of -46.53%.<BR><BR>Over the 2-year period, there was no price return, no dividend return, and a total return of 0.0%.<BR><BR>In the 3-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 131.25%, the dividend return was 0%, leading to a total return of 131.25%.<BR><BR>For the 5-year period, the price return was 131.25%, the dividend return was 0%, resulting in a total return of 131.25%.<BR><BR>Overall, Winsome Yarns Ltd has declared a dividend, but the dividend yield is currently 0%. The total returns have varied significantly over the periods, with notable negative returns in the shorter terms and positive returns over the longer terms.

Who are the peers of the Winsome Yarns?

Peers of Winsome Yarns include Trent, Page Industries, K P R Mill Ltd, and Vedant Fashions, among others. Page Industries has the highest 1-year return at 26.58%, while Winsome Yarns has a return of -47.21%.

Peers: The peers of Winsome Yarns are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Simplex Mills, Mid India Inds., Sri Lak.Sar.Arni, Jayatma Industri, and Jindal Cotex Ltd.<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 Trent. Average management risk is noted at Trident, and Below Average management risk is seen at Jayatma Industri and Jindal Cotex Ltd. The rest do not qualify for management risk assessment. For growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent. Below Average growth is observed at Page Industries, Vedant Fashions, Trident, and the rest do not qualify. In terms of capital structure, Excellent capital structure is found at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Below Average capital structure is noted at Trent, and Good capital structure is seen at Trident, with the rest not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Vedant Fashions has the lowest at -24.55%. Winsome Yarns' own 1-year return is -47.21%, which is lower than both of these peers. Additionally, Simplex Mills, Mid India Inds., Sri Lak.Sar.Arni, Trident, and Jindal Cotex Ltd have negative six-month returns.

Is Winsome Yarns overvalued or undervalued?

As of September 28, 2023, Winsome Yarns is considered risky and overvalued due to negative financial ratios and significant underperformance compared to its peers and the Sensex.

As of 28 September 2023, Winsome Yarns has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial ratios, which include a PE ratio of -0.89, an EV to EBITDA of -57.11, and a ROCE of -14.21%. These figures indicate significant financial distress and a lack of profitability, which is further highlighted by its negative book value for ROE.<BR><BR>In comparison to its peers, Winsome Yarns stands out unfavorably. For instance, K P R Mill Ltd has a PE ratio of 47.51, while Trident has a PE of 42.6, both indicating much stronger valuations in the industry. The stark contrast in these ratios suggests that Winsome Yarns is not only underperforming but also lacks the financial health seen in its competitors. Additionally, the company's stock has underperformed the Sensex over the past year, with a return of -45.69% compared to the Sensex's 7.57%, reinforcing the conclusion that Winsome Yarns is overvalued in its current state.

What is the technical trend for Winsome Yarns?

As of May 16, 2025, Winsome Yarns shows a mildly bearish trend overall, with mixed signals from indicators like the MACD and Bollinger Bands, while the On-Balance Volume remains bullish.

As of 16 May 2025, the technical trend for Winsome Yarns has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands are mildly bearish on both weekly and monthly time frames. Daily moving averages also reflect a mildly bearish trend. The KST shows a mildly bullish signal weekly but is bearish monthly. Dow Theory supports a mildly bullish view on both weekly and monthly time frames. The On-Balance Volume (OBV) is bullish for both weekly and monthly periods. Overall, the current technical stance is mildly bearish, driven primarily by the bearish monthly indicators and the mildly bearish daily moving averages.

Who are in the management team of Winsome Yarns?

As of March 2022, the management team of Winsome Yarns includes Manish Bagrodia (Chairman & Managing Director), Mridula Goyal (Director), Tilak Raj Dembla (Independent Director), Rajiv Chadha (Independent Director), and Neha Singhal (Company Secretary & Compliance Officer).

As of March 2022, the management team of Winsome Yarns includes the following individuals:<BR><BR>1. Manish Bagrodia - Chairman & Managing Director<BR>2. Mridula Goyal - Director<BR>3. Tilak Raj Dembla - Independent Director<BR>4. Rajiv Chadha - Independent Director<BR>5. Neha Singhal - Company Secretary & Compliance Officer<BR><BR>These individuals play key roles in the governance and management of the company.

Who are the top shareholders of the Winsome Yarns?

The top shareholders of Winsome Yarns include Shell Business Pvt. Ltd. with 30.28%, followed by individual investors at 33.93%, and foreign institutional investors holding 4.0%. Notably, 95.03% of promoter holdings are pledged.

The top shareholders of Winsome Yarns include a mix of promoters and public investors. The majority of the shareholding is held by non-institutional investors, with a significant portion of the promoter holdings being pledged at 95.0255%. The promoter with the highest holding is Shell Business Pvt. Ltd., which owns 30.28% of the company. <BR><BR>In terms of institutional investors, mutual funds hold a small stake through 2 schemes, accounting for 0.02%, while foreign institutional investors (FIIs) hold 4.0%. The highest public shareholder is the National Stock Exchange of India Limited Account FPI, which holds 4.22%. Additionally, individual investors collectively hold 33.93% of the shares.

How big is Winsome Yarns?

As of 24th July, Winsome Yarns Ltd has a market capitalization of 13.00 Cr, classifying it as a Micro Cap company, with recent net sales of 35.71 Cr and a net profit loss of 21.24 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Winsome Yarns Ltd has a market capitalization of 13.00 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 35.71 Cr, while the sum of Net Profit for the same period reflects a loss of 21.24 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2023, with Shareholder's Funds amounting to a loss of 408.97 Cr and Total Assets valued at 216.66 Cr.

How has been the historical performance of Winsome Yarns?

Winsome Yarns has faced a severe decline in financial performance, with net sales dropping from 371.32 crore in March 2017 to 35.71 crore in March 2021, and consistent negative operating profits, culminating in an operating loss of -6.22 crore. The company's reserves have been negative since March 2018, reaching -439.19 crore by March 2021, indicating significant deterioration in shareholder value.

Answer:<BR>The historical performance of Winsome Yarns has shown a significant decline in net sales and profitability over the years, with net sales dropping from 371.32 crore in March 2017 to just 35.71 crore in March 2021. The total operating income followed a similar trend, decreasing from 374.74 crore in March 2016 to 35.71 crore in March 2021. The company has consistently reported negative operating profits, with an operating profit of -6.22 crore in March 2021, compared to -0.41 crore in March 2017. The profit before tax also worsened, moving from -18.99 crore in March 2017 to -21.21 crore in March 2021. The net profit after tax reflected this downward trend, with losses increasing from -19.05 crore in March 2017 to -21.21 crore in March 2021. The company's reserves have been negative since March 2018, reaching -439.19 crore in March 2021. Additionally, the book value per share has deteriorated from -26.07 in March 2018 to -52.11 in March 2021, indicating a significant decline in shareholder value.<BR><BR>Breakdown:<BR>Winsome Yarns has experienced a dramatic decline in its financial performance over the years. Starting from a net sales figure of 371.32 crore in March 2017, the company saw a steep drop to 35.71 crore by March 2021. This decline in revenue was accompanied by a continuous negative operating profit, culminating in an operating loss of -6.22 crore in March 2021. The profit before tax also deteriorated, moving from -18.99 crore in March 2017 to -21.21 crore in March 2021, while the net profit after tax reflected a similar trend, worsening from -19.05 crore to -21.21 crore in the same period. The company's reserves have been negative since March 2018, reaching -439.19 crore by March 2021, and the book value per share has also declined significantly, indicating a troubling trend for shareholders.

Should I buy, sell or hold Winsome Yarns Ltd?

Why is Winsome Yarns Ltd falling/rising?

As of 18-Jan, Winsome Yarns Ltd's stock price is declining at 1.80, with a significant drop of 43.04% over the past year. The company's weak financial health, lack of transparency, high debt levels, and poor recent performance are contributing to ongoing investor concerns and the stock's decline.

As of 18-Jan, Winsome Yarns Ltd's stock price is falling, currently at 1.80, reflecting a change of -0.02 (-1.1%). The stock has underperformed significantly in various time frames, with a decline of 2.70% over the past week and a staggering 43.04% over the past year, while the broader Sensex has increased by 8.47% in the same period. <BR><BR>The company's financial health appears weak, as it has not declared results in the last six months, indicating a lack of transparency and potential issues in operations. Additionally, the company has reported a poor long-term growth rate, with net sales decreasing at an annual rate of 55.90% and operating profit stagnating at 0% over the last five years. The high debt levels, with a debt-to-equity ratio averaging 0 times, further exacerbate concerns among investors.<BR><BR>Moreover, the stock's performance today has been particularly poor, underperforming its sector by 99.59%. Trading activity has also been erratic, with the stock not trading on one day out of the last 20 days. The delivery volume has decreased by 16.99% compared to the five-day average, indicating falling investor participation. <BR><BR>The situation is compounded by the fact that 95.03% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a declining market. Overall, the combination of weak fundamentals, poor recent performance, and high levels of pledged shares contribute to the ongoing decline in Winsome Yarns Ltd's stock price.

Which are the latest news on Winsome Yarns?