Shiva Mills Limited
SHIVAMILLS.BO
Bombay Stock Exchange62.90
INR
+2.60
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Shiva Mills Limited
SHIVAMILLS.BO
(Bombay Stock Exchange)
Recent
price
62.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Shiva Mills Limited engages in the manufacture and marketing of cotton yarns, primarily focusing on cotton hosiery yarn with counts ranging from 25s to 40s. The company operates a spinning unit and owns 22 windmills with an installed capacity of 10.65 MW, which cater to approximately 75% of its power requirements. Founded in 2015 and headquartered in Coimbatore, Tamil Nadu, the company serves a diverse customer base in India, with its top 10 customers contributing nearly 47% of total sales as of the fiscal year 2024. Its product portfolio includes high-quality fibers and yarns catering to textile and apparel sectors. Shiva Mills is positioned within the textiles and apparel industry and operates primarily in the Indian market. In the last 1-2 years, Shiva Mills has been undergoing a financial turnaround after enduring a period of underperformance marked by a decline in operating profits and stock price. The company recently achieved sustainable profitability following this challenging period, reflecting efforts toward stabilization and growth. While revenue and profit margins fluctuated, it continues to leverage its integrated manufacturing capabilities and renewable energy assets to optimize operations. The spin-off from Shiva Texyarn Limited was completed in 2017, establishing Shiva Mills as an independent entity. Latest filings for the quarter ended September 2025 show a slight net loss indicating ongoing efforts to improve financial health in a competitive market. The company focuses on operational efficiencies and maintaining quality textile production to support its recovery strategy. Shiva Mills Limited continues to capitalize on its technological strengths in spinning and renewable energy integration, supporting its business segments in fibers and yarns. This strategic integration aligns with growing industry needs for sustainable manufacturing solutions. It maintains a focus on domestic textile markets while ensuring quality adherence to attract and retain reputed clients. The company also pursues measures to reduce debt and improve its capital structure as part of its broader strategic initiatives to strengthen its market positioning and achieve long-term growth.