Winsome Yarns

Which are the latest news on Winsome Yarns?

Why is Winsome Yarns Ltd falling/rising?

As of 24-Jun, Winsome Yarns Ltd's stock price is at 2.18, down 1.8%, underperforming the Sensex. Despite positive long-term performance, recent declines and erratic trading patterns indicate short-term weakness and investor uncertainty.

As of 24-Jun, Winsome Yarns Ltd's stock price is falling, currently at 2.18, which reflects a decrease of 0.04 or 1.8%. The stock has underperformed compared to the benchmark Sensex, which has only declined by 0.21% over the same one-week period. Additionally, the stock has been trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Despite a positive performance over the past month and year, with increases of 11.22% and 14.74% respectively, the recent decline suggests a short-term weakness. Furthermore, the stock has shown erratic trading behavior, not trading on three out of the last twenty days, which may contribute to investor uncertainty. However, there has been a notable increase in investor participation, with delivery volume rising by 45.52% against the 5-day average, indicating some interest in the stock despite its current decline. Overall, the combination of underperformance against the sector, lower trading averages, and erratic trading patterns are contributing to the stock's falling price.

Should I buy, sell or hold Winsome Yarns Ltd?

How big is Winsome Yarns?

As of 10th June, Winsome Yarns Ltd has a market capitalization of 18.00 Cr and reported net sales of 35.71 Cr with a net loss of 21.24 Cr over the latest four quarters. As of March 2023, the company has shareholder's funds of -408.97 Cr and total assets of 216.66 Cr.

As of 10th June, Winsome Yarns Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Winsome Yarns reported net sales of 35.71 Cr. However, the company experienced a net loss of 21.24 Cr during this period.<BR><BR>For the latest annual period ending in March 2023, Winsome Yarns reported shareholder's funds of -408.97 Cr and total assets amounting to 216.66 Cr.

Who are in the management team of Winsome Yarns?

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).

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>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Winsome Yarns?

Peers of Winsome Yarns include Titaanium Ten, Advance Lifes., Hisar Spg. Mills, NAPS Global, Southern Latex, Patspin India, Ventura Textiles, Vivaa Tradecom, and Vashishtha Lux. Winsome Yarns has a 1-year return of 37.10%, significantly outperforming its peers, which all reported a 1-year return of 0.00%.

Peers: The peers of Winsome Yarns are Titaanium Ten, Advance Lifes., Hisar Spg. Mills, NAPS Global, Southern Latex, Patspin India, Ventura Textiles, Vivaa Tradecom, and Vashishtha Lux.<BR><BR>Quality Snapshot: Average management risk is observed at Titaanium Ten and Hisar Spg. Mills, while Below Average management risk is found at Advance Lifes., NAPS Global, and Vivaa Tradecom, and the rest. Winsome Yarns does not qualify for growth, while Below Average growth is noted at Titaanium Ten, Advance Lifes., Hisar Spg. Mills, and Vivaa Tradecom, and the rest. Good capital structure is seen at Hisar Spg. Mills and NAPS Global, while Winsome Yarns, Southern Latex, Patspin India, and Ventura Textiles do not qualify, and the rest.<BR><BR>Return Snapshot: Winsome Yarns has a 1-year return of 37.10%, which is higher than Titaanium Ten, Advance Lifes., Hisar Spg. Mills, NAPS Global, Southern Latex, Patspin India, Ventura Textiles, and Vivaa Tradecom, all of which have a 1-year return of 0.00%. Vashishtha Lux. has the highest return at 0.00%, while Winsome Yarns has a significantly positive return. Additionally, all peers have a six-month return of 0.00%, indicating no negative returns in that period.

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 March 2025, it reported net sales of 1 Cr and a net loss of 4 Cr, with a market cap of INR 18 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 the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -4 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 18 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: -1.17 <BR>Return on Equity: 3.96% <BR>Price to Book: -0.04 <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

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.

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.

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.

When is the next results date for Winsome Yarns?

No Upcoming Board Meetings

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.