Textile · Founded 2013 · www.shreeramtwistex.com · BSE 544716 · NSE SRTL · ISIN INE19GK01015
No Notes Added Yet
1. Business Overview
Shree Ram Twistex Ltd. (SRTL) operates in the textile sector, specifically the textile industry in India. As a "Twistex" company, its core business likely involves the twisting of yarn. This process strengthens the yarn, improves its uniformity, and prepares it for further stages like weaving, knitting, or industrial applications. The company makes money by producing and selling twisted yarns (e.g., cotton, synthetic, blended yarns) to fabric manufacturers, apparel producers, or other industrial clients, catering to both domestic and potentially export markets.
2. Key Segments / Revenue Mix
Without specific financial disclosures, SRTL's revenue would primarily be derived from the sale of its various twisted yarn products. Potential segmentation could include:
Yarn Type: Different types of fibers used (e.g., cotton twisted yarn, polyester twisted yarn, blended twisted yarn).
Application: Yarns sold for weaving, knitting, or specialized industrial uses.
Geography: Domestic sales versus export sales.
As a specialized "Twistex" company, its revenue is highly concentrated within yarn processing.
3. Industry & Positioning
The Indian textile industry is vast, fragmented, and highly competitive, encompassing a wide range from spinning to garment manufacturing. It is a significant contributor to India's economy and exports. Within this, SRTL likely operates in the midstream segment (yarn processing). Its positioning would depend on its scale, product specialization (e.g., fine count yarns, specific blends, technical textiles), operational efficiency, and customer relationships. It would compete with numerous other yarn manufacturers and processors, both large integrated players and smaller specialized units, primarily on price, quality, consistency, and timely delivery.
4. Competitive Advantage (Moat)
For a textile processing company like SRTL, durable competitive advantages can be challenging to establish. Potential sources of moat could include:
Operational Efficiency/Cost Leadership: Highly efficient manufacturing processes, low operating costs, and strong procurement capabilities for raw materials (fibers).
Customer Relationships & Niche Focus: Long-standing relationships with key customers and expertise in producing specific, high-quality, or technical twisted yarns for niche applications.
Scale: While not necessarily a global leader, achieving sufficient scale in a specific product category can lead to better raw material sourcing and lower per-unit costs.
Location Advantage: Proximity to raw material sources or key textile hubs can offer logistical advantages.
Brand recognition is less likely to be a significant moat for a yarn producer.
5. Growth Drivers
Growing Domestic Demand: Increasing disposable incomes, urbanization, and a large young population in India drive demand for apparel and home textiles.
Export Opportunities: India's competitiveness in textiles benefits from global demand shifts, preferential trade agreements, and potentially from geo-political shifts in supply chains.
Government Initiatives: Schemes like the Production Linked Incentive (PLI) scheme for textiles, Amended Technology Upgradation Fund Scheme (ATUFS), and various export promotion councils aim to boost manufacturing and exports.
Shifting Fashion Trends: Demand for new blends, sustainable yarns, or specialized performance yarns can open new growth avenues.
Capacity Expansion/Modernization: Investment in advanced machinery to enhance production capacity, efficiency, and product quality.
6. Risks
Raw Material Price Volatility: Fluctuations in the prices of cotton, synthetic fibers (e.g., polyester), and other inputs can significantly impact profitability.
Intense Competition: The fragmented nature of the Indian textile industry leads to intense price competition, potentially compressing margins.
Foreign Exchange Fluctuations: For companies involved in exports or raw material imports, currency volatility can affect revenues and costs.
Regulatory & Environmental Changes: Strict environmental regulations regarding water usage, waste disposal, and energy consumption can increase operational costs.
Demand Slowdown: Economic downturns, changes in consumer spending patterns, or global trade issues can reduce demand for textile products.
Labor Costs & Availability: Increasing labor costs and availability of skilled labor can be a challenge.
7. Management & Ownership
Typical for many Indian companies, Shree Ram Twistex Ltd. is likely promoter-led, with the founding family or group holding a significant ownership stake and exercising substantial control over strategic and operational decisions. This structure often implies a long-term vision but can also concentrate decision-making power. The quality of management would depend on their experience in the textile sector, ability to navigate market cycles, manage costs, and foster innovation and growth.
8. Outlook
SRTL operates in a fundamental yet cyclical industry. The bull case for SRTL hinges on India's strong domestic consumption growth, supportive government policies for the textile sector, and its ability to achieve operational efficiencies and cater to specific market demands or export opportunities. If the company can successfully manage its raw material sourcing, maintain strong customer relationships, and possibly diversify into higher-value-added twisted yarns or niche products, it could achieve stable growth. The bear case involves the inherent volatility of raw material prices, intense competition limiting pricing power, and potential demand shocks from global economic slowdowns or shifts in trade policies. Its success will largely depend on its cost structure, product differentiation, and adaptability in a dynamic market.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Dec 2024 | Mar 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Net Sales | 53 | 102 | 93 | 48 |
| Other Income | 0 | 1 | 0 | 1 |
| Total Income | 53 | 104 | 93 | 49 |
| Total Expenditure | 47 | 99 | 86 | 38 |
| Operating Profit | 6 | 4 | 7 | 10 |
| Interest | 2 | 2 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 2 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 |
| Profit Before Tax | 3 | 1 | 2 | 5 |
| Provision for Tax | 1 | -0 | -2 | 2 |
| Profit After Tax | 2 | 1 | 4 | 3 |
| Adjustments | 0 | -0 | 0 | 0 |
| Profit After Adjustments | 2 | 1 | 4 | 3 |
| Adjusted Earnings Per Share | 0.7 | 0.4 | 1.3 | 0.9 |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|
| Net Sales | 218 | 213 | 232 | 255 | 296 |
| Other Income | 0 | 0 | 0 | 1 | 2 |
| Total Income | 218 | 214 | 232 | 256 | 299 |
| Total Expenditure | 200 | 196 | 211 | 234 | 270 |
| Operating Profit | 18 | 18 | 20 | 22 | 27 |
| Interest | 4 | 4 | 5 | 7 | 10 |
| Depreciation | 9 | 9 | 6 | 6 | 8 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 5 | 5 | 10 | 9 | 11 |
| Provision for Tax | 1 | 3 | 3 | 1 | 1 |
| Profit After Tax | 4 | 2 | 7 | 8 | 10 |
| Adjustments | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 4 | 2 | 7 | 8 | 10 |
| Adjusted Earnings Per Share | 1.2 | 0.7 | 2.2 | 2.7 | 3.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 10% | 5% | 0% | 0% |
| Operating Profit CAGR | 10% | 7% | 0% | 0% |
| PAT CAGR | 14% | 26% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 16% | 12% | 11% | 11% |
| ROCE Average | 14% | 12% | 12% | 12% |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Shareholder's Funds | 54 | 61 | 67 | 74 |
| Minority's Interest | 0 | 0 | 0 | 0 |
| Borrowings | 44 | 35 | 39 | 41 |
| Other Non-Current Liabilities | 2 | 4 | 5 | 4 |
| Total Current Liabilities | 32 | 36 | 43 | 76 |
| Total Liabilities | 131 | 136 | 154 | 194 |
| Fixed Assets | 76 | 78 | 71 | 68 |
| Other Non-Current Assets | 4 | 2 | 8 | 17 |
| Total Current Assets | 51 | 56 | 76 | 109 |
| Total Assets | 131 | 136 | 154 | 194 |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 17 | 10 | -5 | 22 |
| Cash Flow from Investing Activities | -5 | -5 | -2 | -10 |
| Cash Flow from Financing Activities | -12 | -5 | 7 | -11 |
| Net Cash Inflow / Outflow | -0 | 0 | -0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 |
| # | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Earnings Per Share (Rs) | 1.24 | 0.7 | 2.23 | 2.72 |
| CEPS(Rs) | 4.31 | 3.71 | 4.37 | 4.76 |
| DPS(Rs) | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 12.92 | 13.62 | 15.85 | 18.58 |
| Core EBITDA Margin(%) | 8.14 | 8.08 | 8.78 | 8.2 |
| EBIT Margin(%) | 4.18 | 4.15 | 6.12 | 6.35 |
| Pre Tax Margin(%) | 2.26 | 2.3 | 4.16 | 3.68 |
| PAT Margin (%) | 1.67 | 0.96 | 2.83 | 3.14 |
| Cash Profit Margin (%) | 5.81 | 5.11 | 5.55 | 5.48 |
| ROA(%) | 2.78 | 1.54 | 4.52 | 4.59 |
| ROE(%) | 9.59 | 5.26 | 15.14 | 15.81 |
| ROCE(%) | 9.61 | 9.29 | 13.54 | 14.05 |
| Receivable days | 37.18 | 36.83 | 51.46 | 54.71 |
| Inventory Days | 38.71 | 44.2 | 41.36 | 62.95 |
| Payable days | 30.7 | 28.96 | 24.1 | 45.94 |
| PER(x) | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.31 | 0.31 | 0.42 | 0.36 |
| EV/Core EBITDA(x) | 3.78 | 3.79 | 4.71 | 4.12 |
| Net Sales Growth(%) | 0 | -2.23 | 8.68 | 10.13 |
| EBIT Growth(%) | 0 | -2.96 | 60.13 | 14.35 |
| PAT Growth(%) | 0 | -43.62 | 219.51 | 22.03 |
| EPS Growth(%) | 0 | -43.63 | 219.52 | 22.03 |
| Debt/Equity(x) | 1.5 | 1.39 | 1.44 | 1.14 |
| Current Ratio(x) | 1.61 | 1.55 | 1.75 | 1.44 |
| Quick Ratio(x) | 0.88 | 0.77 | 1.19 | 0.59 |
| Interest Cover(x) | 2.17 | 2.24 | 3.12 | 2.37 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 |
| # | Dec 2025 | Feb 2026 | Mar 2026 |
|---|---|---|---|
| Promoter | 0 | 34.59 | 34.59 |
| FII | 0 | 8.51 | 3.2 |
| DII | 0 | 6.51 | 11.92 |
| Public | 0 | 50.39 | 50.3 |
| Others | 0 | 0 | 0 |
| Total | 0 | 100 | 100 |
| # | Dec 2025 | Feb 2026 | Mar 2026 |
|---|---|---|---|
| Promoter | 0 | 1.38 | 1.38 |
| FII | 0 | 0.34 | 0.13 |
| DII | 0 | 0.26 | 0.48 |
| Public | 0 | 2.01 | 2.01 |
| Others | 0 | 0 | 0 |
| Total | 0 | 4 | 4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +10% | +5% | — | — |
| Operating Profit CAGR | +10% | +7% | — | — |
| PAT CAGR | +14% | +26% | — | — |
| Share Price CAGR | — | — | — | — |
| ROE Average | +16% | +12% | +11% | +11% |
| ROCE Average | +14% | +12% | +12% | +12% |
| # | Dec 2025 | Feb 2026 | Mar 2026 |
|---|---|---|---|
| Promoter | 0 | 34.59 | 34.59 |
| FII | 0 | 8.51 | 3.2 |
| DII | 0 | 6.51 | 11.92 |
| Public | 0 | 65.41 | 65.41 |
| Others | 0 | 0 | 0 |
| Total | 100 | 100 | 100 |
| # | Dec 2025 | Feb 2026 | Mar 2026 |
|---|---|---|---|
| Promoter | 0 | 1.38 | 1.38 |
| FII | 0 | 0.34 | 0.13 |
| DII | 0 | 0.26 | 0.48 |
| Public | 0 | 2.61 | 2.61 |
| Others | 0 | 0 | 0 |
| Total | 0 | 4 | 4 |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.