Shanti Spintex Ltd.

Shanti Spintex Ltd.

BBSE:SHANTIDENM
34.90
INR
+1.90
(+5.76%)
810.62MMarket Cap
Shanti Spintex Ltd.
BSE:SHANTIDENM
(Bombay Stock Exchange)

Recent

price

34.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
INR
66.79
150.94
219.29
338.49
420.38
416.99
- -
Revenue per Share
2
2.88
6
8.71
6.04
5.87
- -
Basic EPS, GAAP
2.05
2.96
1.35
-0.65
-1.71
0.08
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
24.49
27.37
33.22
51.26
57.3
62.62
62.62
Book Value per Share
24.49
27.37
33.22
51.26
57.3
61.79
61.79
Tangible Book Value per Share
17
17
17
15
17
17
17
Basic Weighted Avg Shares
1,128
2,549
3,703
5,058
7,099
7,042
- -
Sales/Revenue/Turnover
6.68
3.31
4.67
3.95
2.08
1.51
- -
Operating Margin (%)
41
41
45
48
28
56
- -
Depreciation Expense
34
49
101
130
102
99
- -
Net Income, GAAP
28.02
15.64
28.37
27.27
24.88
17.74
- -
Effective Tax Rate (%)
2.99
1.91
2.73
2.57
1.44
1.41
- -
Profit Margin (%)
220
250
264
418
440
513
513
Working Capital
343
394
306
145
22
98
98
LT Debt
414
462
561
866
968
1,058
1,058
Total Equity
- -
7.56
12.62
13.67
9.9
6.55
- -
Return on Invested Capital (%)
- -
7.67
13.01
14.87
10.39
9.17
- -
Return on Capital (%)
- -
11.11
19.8
18.25
11.13
9.79
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
115
- -
373
LT Borrowings
22
114
98
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
945
1,112
811

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,127
910
1,565
Cash, Cash Equivalents & STI
94
74
218
Accounts Receivable, Net
686
510
1,144
Inventories
217
188
111
Total Current Liabilities
687
433
1,052
Payables & Accruals
- -
- -
- -
ST Debt
115
- -
373
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
21.7%
9.28%
Free Cash Flow
- -
-12.38%
-104.83%
Net Income, GAAP
- -
31.27%
-2.83%
Sales/Revenue/Turnover
- -
49.48%
-0.81%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5,058
2025
- -
- -
7,099
2026
- -
- -
7,042

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8.71
2025
- -
- -
6.04
2026
- -
- -
5.87

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Shanti Spintex Limited is an India-based textile manufacturing company primarily engaged in the production, processing, and distribution of a comprehensive range of denim fabrics and allied textile products. Founded in 2010 and headquartered in Ahmedabad, Gujarat, India, the company manufactures diverse fabric categories tailored for domestic and international apparel manufacturers, fashion brands, garment exporters, and textile wholesalers. The company's product portfolio comprises power stretch denim; comfort stretch denim; 100% cotton rigid denim; cotton-polyester blended denim; poly-viscose-spandex stretch denim; indigo, sulfur, and reactive dyed fabrics; flat finish and mercerized denim; dobby and jacquard patterned denim; printed and coated denim; desized fabrics; and greige textile materials. In addition to fabric manufacturing, Shanti Spintex provides specialized yarn dyeing, rope dyeing, warping, sizing, and customized textile finishing services. The company operates advanced manufacturing facilities equipped with automated high-speed air-jet looms and continuous processing infrastructure in Gujarat, catering to key apparel hubs across India and overseas export markets. In recent corporate developments, Shanti Spintex completed its initial public offering and listed its equity shares on the BSE SME platform to support business growth and working capital requirements, following its transition to a public limited company. Furthermore, the company has expanded its manufacturing capacity with upgraded weaving and finishing machinery, installed captive rooftop solar power installations to improve operational cost efficiency and environmental sustainability, and extended its strategic distribution partnerships across regional garment manufacturing clusters.