Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹83 Cr.
Stock P/E
-8.9
P/B
—
Current Price
₹207.5
Book Value
₹ 0
Face Value
10
52W High
₹467.7
52W Low
₹ 133.2
Dividend Yield
0%

Ceenik Exports (I) Overview

Business

Ceenik Exports (India) Ltd. is engaged in the textile industry, primarily involved in the manufacturing, trading, and export of various textile products. Its offerings generally include readymade garments, fabrics, and other textile-related goods. The company operates within the broader textile value chain, catering to both domestic and international markets, and generates revenue through the sale of these manufactured and traded textile items.

Revenue Mix

Based on publicly available information, Ceenik Exports (India) Ltd. primarily operates within a single core business segment, which is "Textile Products." A detailed breakdown of revenue by specific product categories (e.g., woven vs. knit garments, specific fabric types) or by geographic region (domestic vs. export) is not typically provided in granular detail for the company.

Industry

The Indian textile industry is vast, highly fragmented, and intensely competitive, comprising a wide range of players from large integrated mills to numerous small and medium-sized enterprises (SMEs). Ceenik Exports operates as a smaller player within this landscape. Its positioning is likely based on operational efficiency, flexibility, and established relationships with specific buyers or catering to niche product requirements, rather than holding a significant market share or strong brand recognition against larger industry participants.

MOAT

Ceenik Exports (India) Ltd. does not exhibit clear, durable competitive advantages typically classified as a "moat." The company operates in a commoditized and competitive industry where differentiation is challenging. It lacks significant brand equity, proprietary technology, or overwhelming economies of scale that would provide a lasting competitive edge. Its continued operations and performance are likely reliant on cost management, customer service, and adaptability to market demands.

Growth Drivers

Growing Domestic Consumption: India's large and expanding population, coupled with rising disposable incomes, drives demand for textile and apparel products.

Export Market Expansion: Global demand for textiles, particularly from cost-competitive manufacturing bases like India, can offer opportunities for export growth.

Government Support: Initiatives such as the Production Linked Incentive (PLI) scheme for textiles, PM MITRA parks, and other export promotion policies can enhance the competitiveness and growth of the sector.

Evolving Retail Landscape: The increasing penetration of organized retail and e-commerce platforms provides new avenues for sales and distribution.

Product Diversification/Value Addition: Shifting towards higher-value products, technical textiles, or specialized garments could improve margins and market reach.

Risks

Commodity Price Volatility: Fluctuations in the prices of key raw materials like cotton, yarn, and synthetic fibers directly impact production costs and profitability.

Intense Competition: The highly fragmented nature of the textile industry leads to intense price competition, putting pressure on margins.

Fashion and Trend Changes: Rapid shifts in fashion and consumer preferences necessitate quick adaptation, posing inventory and design obsolescence risks.

Global Economic Slowdown & Geopolitical Risks: Economic downturns in key export markets or international trade disruptions can adversely affect export volumes and realization.

Currency Fluctuations: As an exporter, the company is exposed to volatility in foreign exchange rates, which can impact revenue and profitability.

Labor Costs and Availability: Rising labor costs and potential shortages of skilled labor can affect operational efficiency and cost structure.

Management & Ownership

Ceenik Exports (India) Ltd. is promoted by the Saraf family, with Mr. Ashok Kumar Saraf being a key member of the management. In many smaller Indian listed companies, promoter families often hold significant ownership stakes, which generally indicates a strong alignment of interests between ownership and management. The promoter holding percentage, as disclosed in public filings, is a key indicator of their commitment to the business.

Outlook

Ceenik Exports operates within the fundamental and evergreen textile sector, which benefits from consistent domestic demand and ongoing global consumption. The Indian textile industry is poised for growth, supported by government initiatives and its inherent strengths as a manufacturing hub. However, as a smaller entity in a highly fragmented and competitive market without a strong economic moat, Ceenik faces significant challenges in maintaining profitability and market share. Its future performance will depend on its ability to effectively manage input costs, adapt to dynamic fashion trends, navigate global trade complexities, and efficiently compete against numerous larger and smaller players. Opportunities lie in capitalizing on growing export demand or domestic consumption, while risks persist from commodity price shocks, competitive pressures, and global economic volatility.

Ceenik Exports (I) Share Price

Live · BSE / NSE · Inception: 1995
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Ceenik Exports (I) Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Ceenik Exports (I) Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 TTM
Net Sales 7 6
Other Income 2 4
Total Income 9 10
Total Expenditure 8 7
Operating Profit 1 3
Interest 2 3
Depreciation 0 1
Exceptional Income / Expenses 0 0
Profit Before Tax -2 -1
Provision for Tax -0 -1
Profit After Tax -1 0
Adjustments 0 0
Profit After Adjustments -1 0
Adjusted Earnings Per Share -3.1 1

Ceenik Exports (I) Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015
Shareholder's Funds 20 20
Minority's Interest 2 2
Borrowings 10 10
Other Non-Current Liabilities -0 -2
Total Current Liabilities 11 13
Total Liabilities 43 43
Fixed Assets 3 6
Other Non-Current Assets 30 29
Total Current Assets 10 8
Total Assets 43 43

Ceenik Exports (I) Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015
Opening Cash & Cash Equivalents 1 1
Cash Flow from Operating Activities -6 -2
Cash Flow from Investing Activities 0 2
Cash Flow from Financing Activities 7 0
Net Cash Inflow / Outflow 0 -1
Closing Cash & Cash Equivalent 1 0

Ceenik Exports (I) Ratios

# Mar 2014 Mar 2015
Earnings Per Share (Rs) -3.1 1.01
CEPS(Rs) -2.41 3.32
DPS(Rs) 0 0
Book NAV/Share(Rs) 49.57 50.11
Core EBITDA Margin(%) -19.58 -16.49
EBIT Margin(%) 8.63 33.18
Pre Tax Margin(%) -21.57 -11.71
PAT Margin (%) -17.55 6.48
Cash Profit Margin (%) -13.65 21.3
ROA(%) -2.91 0.95
ROE(%) -6.25 2.03
ROCE(%) 1.58 5.31
Receivable days 80.71 86.76
Inventory Days 305.79 328.81
Payable days 56.96 79.41
PER(x) 0 4.41
Price/Book(x) 0.09 0.09
Dividend Yield(%) 0 0
EV/Net Sales(x) 2.79 3.29
EV/Core EBITDA(x) 22.3 6.86
Net Sales Growth(%) 0 -11.67
EBIT Growth(%) 0 239.47
PAT Growth(%) 0 132.62
EPS Growth(%) 0 132.62
Debt/Equity(x) 0.95 0.96
Current Ratio(x) 0.88 0.66
Quick Ratio(x) 0.35 0.24
Interest Cover(x) 0.29 0.74
Total Debt/Mcap(x) 10.08 10.79

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -14% — — —
Operating Profit CAGR +200% — — —
PAT CAGR — — — —
Share Price CAGR -54% +80% +103% +42%
ROE Average +2% -2% -2% -2%
ROCE Average +5% +3% +3% +3%

Ceenik Exports (I) Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 64.95 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 35.05 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 61.8464.5464.5464.9564.4564.4564.4564.4564.4564.95
FII 0000000000
DII 0000000000
Public 38.1635.4635.4635.0535.5535.5535.5535.5535.5535.05
Others 0000000000
Total 100100100100100100100100100100

Ceenik Exports (I) Peer Comparison

Ceenik Exports (I) Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Ceenik Exports (I) Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -2% over the last 3 years.
  • Debtor days have increased from 56.96 to 79.41days.
  • Earnings include an other income of Rs. 4 Cr.
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