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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹66 Cr.
Stock P/E
4.1
P/B
0.7
Current Price
₹41.5
Book Value
₹ 58.6
Face Value
10
52W High
₹58.5
52W Low
₹ 34.5
Dividend Yield
0%

Ashnoor Textile Mill Overview

1. Business Overview

Ashnoor Textile Mills Ltd. (ASHNOOR TEX.) is primarily engaged in the manufacturing and processing of textile products. As a "Textile Mills Ltd." in India, its core business likely involves activities such as spinning yarn (from natural fibers like cotton or synthetic fibers), weaving fabrics, processing these fabrics (dyeing, printing, finishing), and potentially manufacturing value-added products like home textiles or ready-made garments. The company generates revenue by selling these manufactured textile goods to domestic and international customers, which may include apparel manufacturers, retailers, or wholesalers.

2. Key Segments / Revenue Mix

Without specific financial disclosures, the exact revenue mix is not available. However, typical segments for a textile mill of this nature could include:

Yarn: Production and sale of various types of yarn.

Fabric: Weaving and selling grey, dyed, or printed fabrics.

Processed Textiles: Value-added services like dyeing, printing, and specialized finishing.

Home Textiles/Apparel (Potential): If they have forward integration into finished goods like bed linens, towels, or readymade garments.

Specific contribution percentages are not publicly detailed without financial reports.

3. Industry & Positioning

The Indian textile industry is one of the oldest and largest industries in the country, characterized by a highly fragmented structure with a mix of large integrated players, small and medium enterprises (SMEs), and unorganized units. It covers the entire value chain from raw material to finished products. Ashnoor Textile Mills Ltd. operates within this competitive landscape, likely positioned as a mid-tier manufacturer focused on specific parts of the textile value chain (e.g., spinning, weaving, or processing). Its positioning relative to peers would depend on its scale, product specialization, cost efficiency, and customer base, which are not publicly available details.

4. Competitive Advantage (Moat)

The textile industry, particularly in manufacturing, is generally competitive and can be commoditized. Strong, durable competitive advantages (moats) are challenging to establish. Potential advantages for Ashnoor Textile Mills Ltd. could stem from:

Cost Efficiency/Scale: Achieving lower per-unit costs through efficient operations, modern machinery, and economies of scale.

Established Customer Relationships: Long-standing partnerships with domestic and international buyers, indicating reliability and quality.

Product Specialization: Expertise in niche textile products, specific finishes, or technical textiles that command better margins.

Backward/Forward Integration: Control over multiple stages of the value chain (e.g., from yarn to fabric to finished product) can offer cost control and quality assurance.

However, without specific details, it is difficult to ascertain a strong, durable moat.

5. Growth Drivers

Key factors that could drive growth for Ashnoor Textile Mills Ltd. over the next 3-5 years include:

Rising Domestic Consumption: Growth in India's population and disposable incomes driving demand for apparel and home textiles.

Export Opportunities: Increased demand from international markets due to global supply chain diversification and 'China plus one' strategies.

Government Initiatives: Support schemes like the Production Linked Incentive (PLI) scheme for textiles, Amended Technology Upgradation Fund Scheme (ATUFS), and efforts to boost textile exports.

Value Addition & Diversification: Moving towards higher-value products (e.g., technical textiles, specialized fabrics) or expanding into finished goods.

Sustainability Trends: Adoption of eco-friendly manufacturing processes and materials, which can attract conscious consumers and brands.

6. Risks

Ashnoor Textile Mills Ltd. faces several business risks:

Raw Material Price Volatility: Fluctuations in prices of cotton, synthetic fibers, and dyes directly impact production costs and margins.

Currency Fluctuations: For export-oriented units, adverse movements in foreign exchange rates can affect profitability.

Intense Competition: Highly competitive domestic and international markets can put pressure on pricing and market share.

Regulatory & Environmental Compliance: Evolving environmental regulations (e.g., water usage, effluent treatment) require significant investment and operational changes.

Labor Costs & Availability: The textile industry is labor-intensive, and rising labor costs or scarcity can impact operations.

Economic Downturns: Recessions or reduced consumer spending can negatively impact demand for textile products.

Technological Obsolescence: Failure to upgrade technology can lead to inefficiency and loss of competitiveness.

7. Management & Ownership

In India, many textile companies, especially those with "Mills Ltd." in their name, often have a promoter-led management structure, where the founding family or a core group maintains significant ownership and control. Without specific details on Ashnoor Textile Mills Ltd.'s management team or promoter group, it's difficult to comment on their specific quality or experience. The ownership structure typically involves promoters holding a significant stake, with the remainder held by public shareholders and potentially institutional investors.

8. Outlook

Ashnoor Textile Mills Ltd. operates in a foundational sector of the Indian economy with substantial growth potential driven by both domestic demand and increasing global interest in Indian textile exports. The company can benefit from government policies aimed at boosting manufacturing and value addition within the sector. However, the textile industry remains susceptible to cyclical demand, volatile raw material prices, currency risks, and intense competition. Its future performance will largely depend on its ability to maintain cost efficiencies, adapt to changing consumer preferences, invest in technology and sustainability, and navigate the inherent economic and commodity price fluctuations common to the textile sector.

Ashnoor Textile Mill Share Price

Live · BSE · Inception: 1984
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Ashnoor Textile Mill Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 31 31 35 50 44 43 41 40 29 19
Other Income 2 2 3 3 3 0 -1 2 0 4
Total Income 33 33 39 53 48 43 40 42 30 22
Total Expenditure 28 27 35 44 37 36 37 33 25 20
Operating Profit 5 5 4 9 11 7 3 9 5 3
Interest 2 2 1 1 1 1 1 1 1 1
Depreciation 1 2 0 1 1 1 0 1 1 1
Exceptional Income / Expenses 0 -0 0 -0 0 0 0 0 0 0
Profit Before Tax 2 2 2 6 9 4 2 6 3 1
Provision for Tax 0 1 0 1 2 1 -0 2 1 -0
Profit After Tax 2 1 2 5 7 3 2 5 2 1
Adjustments 0 0 0 0 0 0 -0 0 0 -0
Profit After Adjustments 2 1 2 5 7 3 2 5 2 1
Adjusted Earnings Per Share 1 0.7 1.6 2.9 4.3 1.9 1 2.9 1.1 0.3

Ashnoor Textile Mill Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 101 97 82 88 129 137 118 262 177 129 178 129
Other Income 2 1 2 2 0 0 1 1 1 8 7 5
Total Income 103 98 83 90 129 137 119 262 178 137 186 134
Total Expenditure 97 92 73 82 115 128 107 243 162 117 156 115
Operating Profit 6 6 10 8 14 10 12 19 16 19 30 20
Interest 3 1 2 3 6 3 2 4 4 5 5 4
Depreciation 1 2 3 2 2 3 3 4 4 4 4 3
Exceptional Income / Expenses -0 0 -1 0 -0 0 1 -0 0 0 -0 0
Profit Before Tax 2 3 4 4 5 4 7 12 8 10 21 12
Provision for Tax 0 2 1 2 1 1 2 3 2 2 5 3
Profit After Tax 1 1 3 2 4 3 5 9 6 7 16 10
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 3 2 4 3 5 9 6 7 16 10
Adjusted Earnings Per Share 1.1 0.9 2.3 1.7 2.8 2.2 3.6 6 4.1 5 10 5.3

Ashnoor Textile Mill Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 18 19 22 24 32 36 42 50 57 64 86
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 4 4 6 5 10 11 27 27 19 8
Other Non-Current Liabilities 2 9 9 8 3 4 4 4 5 5 5
Total Current Liabilities 34 30 38 47 56 68 67 98 50 68 67
Total Liabilities 56 63 73 85 96 117 123 179 138 156 167
Fixed Assets 15 24 24 24 24 29 30 37 43 40 38
Other Non-Current Assets 2 2 2 3 2 2 2 2 2 2 2
Total Current Assets 39 36 47 58 70 86 91 140 93 114 127
Total Assets 56 63 73 85 96 117 123 179 138 156 167

Ashnoor Textile Mill Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 8 5 3 3 2 1 9 4 5
Cash Flow from Operating Activities 1 18 -7 -9 -7 3 2 -14 45 10 12
Cash Flow from Investing Activities -5 -11 -2 -2 -2 -13 -3 -17 -24 -14 -10
Cash Flow from Financing Activities 4 -2 7 8 10 9 0 39 -27 5 -6
Net Cash Inflow / Outflow -1 6 -2 -3 -0 -0 -1 8 -5 1 -3
Closing Cash & Cash Equivalent 2 8 5 3 3 2 1 9 4 5 2

Ashnoor Textile Mill Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.12 0.94 2.3 1.72 2.81 2.15 3.61 5.97 4.08 4.95 10.02
CEPS(Rs) 2.12 2.62 4.38 3.48 4.4 4.05 5.67 8.42 6.69 7.83 12.68
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 14.27 15.21 17.51 19.23 21.97 24.06 27.67 33.64 37.71 42.65 54.23
Core EBITDA Margin(%) 4.41 5.01 10.84 7.16 10.36 6.85 9.58 7.19 8.55 9.05 12.57
EBIT Margin(%) 4.72 4.28 7.79 7.29 8.67 5.03 7.98 5.96 6.9 11.63 14.18
Pre Tax Margin(%) 1.57 2.79 5.2 4.17 3.81 2.98 5.9 4.59 4.55 7.53 11.49
PAT Margin (%) 1.41 1.22 3.57 2.47 3.22 2.36 4.59 3.42 3.46 5.76 8.94
Cash Profit Margin (%) 2.65 3.41 6.8 4.99 5.04 4.44 7.19 4.83 5.67 9.11 11.32
ROA(%) 2.66 2.01 4.28 2.76 4.59 3.04 4.52 5.93 3.86 5.05 9.88
ROE(%) 8.19 6.39 14.07 9.37 14.62 9.45 13.96 19.46 11.44 12.32 21.22
ROCE(%) 11.28 9.2 12.57 10.69 15.52 7.81 9.55 12.55 8.85 11.24 17.48
Receivable days 54.99 52.62 64.21 84.93 81.53 94.64 119.59 76.54 102.98 85.64 69.2
Inventory Days 55.91 50.27 69.76 78.16 62.14 73.51 102.43 51.05 76.59 104.16 84.62
Payable days 53.68 44.45 59.77 60.18 54.21 59.9 77.76 40.03 40.95 21.48 19.59
PER(x) 6.58 15.53 6.4 11.83 4.75 3.94 3.44 9.93 5.93 7.6 4.55
Price/Book(x) 0.52 0.96 0.84 1.06 0.61 0.35 0.45 1.76 0.64 0.88 0.84
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.35 0.38 0.58 0.72 0.49 0.52 0.64 0.68 0.58 0.99 0.75
EV/Core EBITDA(x) 5.78 6.16 4.52 7.61 4.7 7.38 6.43 9.18 6.48 6.6 4.55
Net Sales Growth(%) 50.67 -3.73 -16.28 8.36 45.53 6.51 -13.64 121.47 -32.42 -27.04 38.24
EBIT Growth(%) -12.35 -12.76 52.57 1.41 72.94 -38.26 37.16 65.34 -21.8 23.07 68.58
PAT Growth(%) 1104.73 -16.1 144.2 -25.16 90.08 -21.93 67.62 65.18 -31.61 21.41 114.65
EPS Growth(%) 1104.73 -16.1 144.2 -25.16 63.45 -23.46 67.62 65.18 -31.61 21.35 102.36
Debt/Equity(x) 1.52 1.34 1.53 1.65 1.44 1.69 1.42 1.94 1.25 1.18 0.74
Current Ratio(x) 1.12 1.19 1.25 1.25 1.25 1.27 1.36 1.43 1.85 1.67 1.89
Quick Ratio(x) 0.74 0.74 0.79 0.81 0.83 0.8 0.84 1.04 1.15 1.11 1.23
Interest Cover(x) 1.5 2.87 3.01 2.33 1.79 2.45 3.84 4.36 2.94 2.84 5.26
Total Debt/Mcap(x) 2.93 1.39 1.82 1.56 2.37 4.79 3.16 1.1 1.95 1.34 0.88

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +38% -12% +5% +6%
Operating Profit CAGR +58% +16% +25% +17%
PAT CAGR +129% +21% +40% +32%
Share Price CAGR -20% +14% +17% +11%
ROE Average +21% +15% +16% +13%
ROCE Average +17% +13% +12% +12%

Ashnoor Textile Mill Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 71.71 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 28.29 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 72.4572.4571.5171.5171.5171.6871.7171.7171.7171.71
FII 0000000000
DII 0000000000
Public 27.5527.5528.4928.4928.4928.3228.2928.2928.2928.29
Others 0000000000
Total 100100100100100100100100100100

Ashnoor Textile Mill Peer Comparison

Ashnoor Textile Mill Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Ashnoor Textile Mill Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Company has delivered good profit growth of 39% CAGR over last 5 years
  • Debtor days have improved from 21.48 to 19.59days.
  • Company has reduced debt.

Cons

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