Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹146 Cr.
Stock P/E
217.7
P/B
—
Current Price
₹60
Book Value
₹ 0
Face Value
10
52W High
₹165
52W Low
₹ 58.1
Dividend Yield
0%

Candour Techtex Overview

Business

Candour Techtex Ltd. operates in the Textile sector and industry. Typically, companies in this industry are involved in various stages of textile production, which can include spinning (converting raw fibers into yarn), weaving or knitting (producing fabric from yarn), dyeing and printing (processing fabric), and garment manufacturing (converting fabric into finished apparel). Without specific company details, it can be inferred that Candour Techtex likely manufactures, processes, or trades textile products, potentially catering to domestic and/or international markets. Its core business model would involve sourcing raw materials (like cotton, synthetic fibers), processing them, and selling semi-finished (yarn, fabric) or finished goods (apparel, home textiles, technical textiles) to other businesses or directly to consumers, generating revenue from sales of these products.

Revenue Mix

Specific details regarding Candour Techtex Ltd.'s key business segments and their individual revenue contributions are not publicly available in this overview. However, in the broader textile industry, common segments often include:

Yarn manufacturing (cotton, synthetic, blended)

Fabric production (woven, knitted, denim)

Processing (dyeing, printing, finishing)

Apparel manufacturing

Home textiles (bedding, towels, curtains)

Technical textiles (industrial, medical, protective textiles)

The company's revenue mix would depend on its specific product portfolio and manufacturing capabilities within these or other related textile verticals.

Industry

The Indian textile industry is one of the oldest and largest industries in the country, employing a significant workforce. It is highly fragmented, with a mix of large integrated players, mid-sized companies, and numerous small and unorganized units. The industry is competitive, driven by both domestic consumption and export markets. India is a major producer of cotton, synthetic fibers, and a wide range of textile products. Without specific market share or operational details, Candour Techtex Ltd.'s precise positioning relative to its peers is unclear. It likely competes on factors such as product quality, cost efficiency, design capabilities, and distribution reach within its specific product niche(s).

MOAT

Without specific information on Candour Techtex Ltd., it is challenging to definitively identify durable competitive advantages. In the textile industry, potential moats can arise from:

Scale & Cost Leadership: Large-scale operations can lead to economies of scale in raw material procurement and manufacturing, enabling lower costs.

Product Specialization/Differentiation: Focusing on niche products (e.g., high-performance technical textiles, specialized fabrics) or proprietary designs.

Strong Distribution Network: Extensive domestic and international distribution channels.

Brand Equity: For finished goods (e.g., apparel, home textiles), strong brands can command premium pricing and customer loyalty.

Vertical Integration: Controlling multiple stages of the value chain can enhance efficiency and quality control.

For a company like Candour Techtex, its ability to establish any of these moats would depend on its operational scale, investment in R&D, market strategy, and financial strength. Many mid-sized textile companies find it challenging to build strong, sustainable moats against larger, more diversified players or highly specialized competitors.

Growth Drivers

Key factors that could drive growth for Candour Techtex Ltd. and the broader Indian textile sector over the next 3-5 years include:

Rising Domestic Consumption: Growth in India's population, disposable income, and changing fashion trends drive demand for apparel and home textiles.

Government Initiatives: Schemes like the Production Linked Incentive (PLI) scheme for textiles and apparel, and PM-MITRA parks, aim to boost manufacturing, improve competitiveness, and attract investments.

Export Opportunities: India's potential to capture a larger share of the global textile and apparel trade, driven by competitive costs and product diversification, especially given geopolitical shifts affecting other manufacturing hubs.

Growth in Technical Textiles: Increasing demand for specialized textiles in automotive, medical, industrial, and protective applications offers a high-growth niche.

Focus on Sustainability: Growing consumer and regulatory demand for eco-friendly and sustainable textile production methods, which can open new market segments.

Risks

Candour Techtex Ltd. faces several business risks inherent to the textile industry:

Raw Material Price Volatility: Fluctuations in prices of key raw materials like cotton, synthetic fibers, and dyes can impact production costs and profitability.

Currency Fluctuations: For companies involved in exports or imports, adverse movements in foreign exchange rates can affect revenues and costs.

Intense Competition: The fragmented nature of the Indian and global textile industry leads to strong competition, putting pressure on pricing and margins.

Changing Fashion Trends & Consumer Preferences: Rapid shifts in fashion can lead to inventory obsolescence and demand for quick turnaround times.

Global Economic Slowdown: A downturn in global demand can significantly impact export-oriented businesses.

Regulatory & Environmental Compliance: Increasing environmental regulations (e.g., water usage, chemical discharge) and labor laws can add compliance costs.

Trade Barriers & Tariffs: Protectionist policies or changes in international trade agreements can impact export markets.

Management & Ownership

As an Indian-listed company, it is typical for Candour Techtex Ltd. to have a promoter group holding a significant ownership stake, indicating strong commitment to the business. Without specific details, it is difficult to comment on the individual management quality or their strategic vision. However, the quality of promoters and the executive management team, their experience in the textile sector, and their governance practices are crucial for the company's long-term success. Ownership structure details would be available in its public filings, typically showing promoter holdings, institutional investor holdings, and public shareholding.

Outlook

The outlook for Candour Techtex Ltd. is intertwined with the broader trends and challenges of the Indian textile industry. On the positive side, the company can benefit from India's robust domestic consumption growth, government support through various schemes aimed at boosting manufacturing and exports, and the expanding market for technical textiles. India's competitive cost structure and improving infrastructure also present opportunities to capture a larger share of the global textile trade. However, the company operates in a highly competitive and cyclical industry susceptible to raw material price volatility, global demand fluctuations, and evolving fashion trends. Navigating these challenges effectively will require agile management, continuous investment in technology, focus on cost efficiency, and potentially niche product development or enhanced sustainability practices. The company's performance will largely depend on its ability to leverage industry tailwinds while mitigating inherent sector-specific risks.

Candour Techtex Share Price

Live · BSE · Inception: 1986
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Candour Techtex 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

Candour Techtex Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 TTM
Net Sales 13 54
Other Income 1 1
Total Income 14 54
Total Expenditure 13 53
Operating Profit 0 1
Interest 0 0
Depreciation 0 1
Exceptional Income / Expenses 0 0
Profit Before Tax 0 1
Provision for Tax -0 0
Profit After Tax 0 0
Adjustments 0 0
Profit After Adjustments 0 0
Adjusted Earnings Per Share 0 0.2

Candour Techtex Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017
Shareholder's Funds 22 22
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities -0 0
Total Current Liabilities 35 5
Total Liabilities 56 27
Fixed Assets 5 8
Other Non-Current Assets 2 1
Total Current Assets 50 19
Total Assets 56 27

Candour Techtex Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017
Opening Cash & Cash Equivalents 8 8
Cash Flow from Operating Activities 2 3
Cash Flow from Investing Activities -2 -3
Cash Flow from Financing Activities -0 0
Net Cash Inflow / Outflow -0 0
Closing Cash & Cash Equivalent 8 8

Candour Techtex Ratios

# Mar 2016 Mar 2017
Earnings Per Share (Rs) 0.02 0.22
CEPS(Rs) 0.23 0.53
DPS(Rs) 0 0
Book NAV/Share(Rs) 13.62 13.8
Core EBITDA Margin(%) -5.18 0.51
EBIT Margin(%) 0.14 1.04
Pre Tax Margin(%) 0.11 0.96
PAT Margin (%) 0.2 0.66
Cash Profit Margin (%) 2.95 1.6
ROA(%) 0.04 0.85
ROE(%) 0.11 1.6
ROCE(%) 0.08 2.5
Receivable days 26.03 15.58
Inventory Days 161.77 34.88
Payable days 37.83 17.24
PER(x) 660 75.67
Price/Book(x) 0.73 1.21
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.65 0.36
EV/Core EBITDA(x) 22.67 17.96
Net Sales Growth(%) 0 325.36
EBIT Growth(%) 0 3101.65
PAT Growth(%) 0 1322.47
EPS Growth(%) 0 1366
Debt/Equity(x) 0 0.02
Current Ratio(x) 1.43 4.1
Quick Ratio(x) 1.27 3.06
Interest Cover(x) 4.86 14.34
Total Debt/Mcap(x) 0 0.01

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +315% — — —
Operating Profit CAGR — — — —
PAT CAGR — — — —
Share Price CAGR -57% +22% +4% +18%
ROE Average +2% +1% +1% +1%
ROCE Average +3% +1% +1% +1%

Candour Techtex Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 25.27 %
FII 0 %
DII (MF + Insurance) 0.41 %
Public (retail) 74.32 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 35.435.435.435.434.3634.3632.8932.8925.2725.27
FII 0.50.50.5000000.650
DII 0000000000.41
Public 64.0964.0964.0964.665.6465.6467.1167.1174.0874.32
Others 0000000000
Total 100100100100100100100100100100

Candour Techtex Peer Comparison

Candour Techtex Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Candour Techtex Pros & Cons

Pros

  • Debtor days have improved from 37.83 to 17.24days.

Cons

  • Promoter holding is low: 25.27%.
  • Company has a low return on equity of 1% over the last 3 years.
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