1. India Stocks

  2. •

    Process industries

  3. •

    Textiles
Akshar Spintex Ltd.

Akshar Spintex Ltd.

0.42
INR
0.00
(0.00%)
-0.07EPS
338.61MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
0.35
1.34
1.98
2.14
2.31
2.4
2.44
3.8
3.01
3.86
2.18
1.49
1.55
Basic EPS, GAAP
- -
-0.01
0.06
0.06
0.2
0.05
-0.13
0.03
0.15
-0.06
0.08
-0.08
-0.09
-0.07
Free Cash Flow per Basic Share
-0.47
-0.84
-0.01
0.1
0.16
0.08
0.07
0.12
0.03
0.21
- -
-0.64
-0.14
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
Book Value per Share
0.06
0.45
0.6
0.6
0.79
0.9
0.77
0.8
0.95
0.9
0.97
1.12
1.03
- -
Tangible Book Value per Share
0.06
0.45
0.6
0.6
0.79
0.9
0.77
0.8
0.95
0.9
0.97
1.12
1.03
- -
Basic Weighted Avg Shares
436
436
436
436
436
436
454
452
454
454
454
535
787
780
Sales/Revenue/Turnover
- -
152
584
863
931
1,006
1,091
1,102
1,725
1,366
1,750
1,168
1,173
1,210
Operating Margin (%)
- -
5.4
7.54
6.04
11.13
6.35
-1.46
2.67
7.06
-1.75
3.67
-4.18
-8.01
-7.31
Depreciation Expense
- -
13
36
38
38
38
41
41
42
43
43
46
68
69
Net Income, GAAP
- -
-5
27
26
85
22
-57
12
70
-28
35
-44
-74
-56
Effective Tax Rate (%)
- -
282.45
23.12
4.4
- -
41.7
- -
- -
27.31
- -
31.12
- -
- -
- -
Profit Margin (%)
- -
-3.37
4.57
2.99
9.19
2.23
-5.25
1.13
4.07
-2.02
1.97
-3.81
-6.3
-4.59
Working Capital
79
19
56
14
72
87
4
47
121
86
118
520
403
- -
LT Debt
189
355
362
306
240
194
125
136
116
83
90
39
31
- -
Total Equity
25
195
262
260
345
407
350
363
432
406
439
882
809
- -
Return on Invested Capital (%)
- -
-5.08
6.58
7.15
- -
5.11
- -
- -
13.43
- -
7.04
- -
- -
- -
Return on Capital (%)
- -
-5.41
6.66
7.22
- -
4.88
- -
- -
13.48
- -
7.19
- -
- -
- -
Return on Common Equity (%)
- -
-4.66
11.69
9.89
28.28
5.96
-15.13
3.49
17.67
-6.59
8.18
-6.73
-8.74
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
19
- -
LT Borrowings
- -
31
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
756
787
787
Market Capitalization
385
299
339

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
518
- -
Cash, Cash Equivalents & STI
- -
10
- -
Accounts Receivable, Net
- -
51
- -
Inventories
- -
388
- -
Total Current Liabilities
- -
116
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
19
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.36%
22.78%
-8.33%
Free Cash Flow
-2,239.59%
-4,333.24%
-67.38%
Net Income, GAAP
-38.45%
-12.34%
66.12%
Sales/Revenue/Turnover
10.41%
6.19%
0.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
370
232
260
306
1,168
2026
262
223
344
344
1,173
2027
299
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
-0.05
-0.03
-0.01
-0.08
2026
-0.02
-0.02
-0.05
- -
-0.09
2027
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Harikrushna Shamjibhai Chauhan
Full Time Employees
120
Sector
Process industries
Industry
Textiles
Address
C-704, The Imperial Heights Rajkot GJ India 360005
IPO Date
May 11, 2018
Website
aksharspintex.in
Similar Companies
Sasa Polyester Sanayi A.S. (BIST:SASA)
WF Holding Limited (NASDAQ:WFF)
Raymond Limited (NSE:RAYMOND)
Aksa Akrilik Kimya Sanayii A.S. (BIST:AKSA)
Filatex India Ltd (NSE:FILATEX)
Indo Count Industries Limited (NSE:ICIL)
Business
Akshar Spintex Limited Akshar Spintex Limited manufactures and trades spun cotton yarn from its facility in Kalavad, Jamnagar District, Gujarat, India. Founded in 2013 and headquartered in Rajkot, the company operates in the textile industry, focusing on the spinning of cotton yarn for domestic markets with an installed capacity of 24,480 spindles and annual production of 6,000 metric tons across a 220,000 square foot setup. Its core products encompass fibers such as 100% natural cotton (Sankar-6, MCU-5, MECH-1), BCI certified cotton, organic certified cotton, viscose, modal, and excel; and yarns including carded cotton yarn (16's to 44's Ne), semi combed cotton yarn (16's to 44's Ne), combed cotton yarn (16's to 44's Ne), slub yarn, core spun yarn, two-for-one twisting (TFO) yarn, Eli twist yarn, fancy yarn, melange yarn, blended yarn, BCI certified yarn, and organic yarn. In recent developments, Akshar Spintex conducted a rights issue in September 2024 offering 487,480,500 equity shares at ₹1 per share to bolster its capital base, issued a 1:5 bonus share allotment with a record date of February 5, 2024, appointed Namrata Jagdishbhai Seta as Company Secretary and Compliance Officer effective October 18, 2025, and added Bhavin Jayantibhai Kothiya as an Additional Non-executive Independent Director effective November 24, 2025. The company has reduced its debt levels significantly, achieving near debt-free status, while navigating sales declines to ₹117 crore in fiscal 2025 from a peak of ₹175 crore in fiscal 2024.