Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹147 Cr.
Stock P/E
7.6
P/B
1.2
Current Price
₹58.8
Book Value
₹ 47.2
Face Value
10
52W High
₹77.5
52W Low
₹ 51.4
Dividend Yield
—

Shri Techtex Overview

Business

Shri Techtex Ltd. operates in the textile sector in India. As its name suggests, it is likely involved in the manufacturing and sale of technical textiles. Technical textiles are functional fabrics used in diverse applications beyond traditional clothing, such as automotive, medical, industrial, construction, and agriculture. The company's core business model would involve sourcing raw materials (fibers, yarns), manufacturing specialized textile products using various processes (weaving, knitting, non-woven techniques, finishing), and supplying these products to B2B clients in different industries. It makes money through the sale of these manufactured technical textile products.

Revenue Mix

Without specific financial disclosures, the exact revenue mix and key segments for Shri Techtex Ltd. cannot be determined. However, given its name, its primary segment is expected to be technical textiles. This broad category can further be broken down into sub-segments based on application areas (e.g., geo-textiles, agro-textiles, med-textiles, industrial textiles, protective textiles), or by product type (e.g., coated fabrics, non-woven fabrics, high-performance yarns).

Industry

The Indian textile industry is vast, encompassing traditional apparel, home textiles, and the growing segment of technical textiles. The industry is characterized by a mix of highly fragmented unorganized players and large integrated organized entities. The technical textiles segment, in particular, is less fragmented than conventional textiles and requires specialized technology, R&D, and quality control. Shri Techtex Ltd. likely positions itself as a specialized manufacturer within this niche, competing with other domestic and international players that offer advanced textile solutions for specific industrial and consumer applications. Its competitive standing would depend on its product quality, innovation, cost efficiency, and customer relationships.

MOAT

For a company like Shri Techtex Ltd., potential competitive advantages (moats) could include:

Specialized Expertise: Deep knowledge and R&D capabilities in manufacturing specific technical textile products that meet stringent industry standards.

Customer Relationships: Long-standing relationships with industrial clients who require reliable, high-quality, and customized textile solutions.

Process Know-how: Proprietary manufacturing processes or technologies that result in superior product performance or cost efficiency.

Product Differentiation: Offering unique or highly customized technical textile products that are difficult for competitors to replicate quickly.

Given the lack of specific details, a strong, wide moat cannot be definitively confirmed but would likely stem from specialization.

Growth Drivers

Key factors that can drive growth for Shri Techtex Ltd. over the next 3-5 years include:

Growth of Technical Textiles Market: The global and Indian technical textiles market is projected to grow significantly due to increasing industrialization, urbanization, and demand for high-performance functional materials across various sectors (automotive, healthcare, infrastructure).

Government Support: Initiatives by the Indian government to promote manufacturing and exports in the textile sector, including schemes for technical textiles (e.g., National Technical Textiles Mission, PLI scheme), could provide tailwinds.

Product Diversification & Innovation: Expanding product offerings within technical textiles or entering new application areas based on R&D.

Increased Industrial Demand: Growing demand from end-user industries (e.g., automotive production, healthcare infrastructure, construction projects) that utilize technical textiles.

Risks

Key business risks for Shri Techtex Ltd. include:

Raw Material Price Volatility: Fluctuations in the prices of specialty fibers, polymers, or chemicals used in technical textiles can impact profitability.

Intense Competition: Competition from both domestic and international players, including larger, more established companies with greater R&D budgets and economies of scale.

Technological Obsolescence: The technical textiles market is dynamic; failure to keep pace with technological advancements or evolving product specifications can lead to loss of market share.

Economic Slowdown: A downturn in the economy or specific end-user industries (e.g., automotive, construction) could reduce demand for technical textiles.

Regulatory & Environmental Compliance: Adherence to increasingly strict environmental and safety regulations, particularly in manufacturing.

Management & Ownership

Shri Techtex Ltd., like many Indian companies, is likely promoter-led, meaning the founding family or individuals hold a significant stake and are actively involved in management. The quality of management would be crucial for navigating the competitive and technologically intensive technical textiles industry, requiring strategic vision, operational efficiency, and a focus on innovation. Ownership structure typically involves a significant promoter holding, with the remaining shares held by institutional investors and the public.

Outlook

Shri Techtex Ltd. operates in the promising technical textiles segment, which offers higher growth potential compared to conventional textiles due to its diverse applications and functional demand. The bull case rests on its ability to leverage specialized expertise, innovate in product development, capture market share from the growing demand for technical textiles, and benefit from government support. The bear case highlights risks such as intense competition, raw material price volatility, the need for continuous technological upgrades, and susceptibility to economic cycles impacting industrial demand. Its long-term performance will depend on its capacity for innovation, cost management, and ability to forge strong relationships with industrial clients.

Shri Techtex Share Price

Live · NSE · Inception: 2018
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Shri 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

Shri Techtex Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 16 39 51 57 76 83 84
Other Income 0 1 1 1 2 4 6
Total Income 16 40 52 58 78 87 90
Total Expenditure 8 21 39 44 57 62 61
Operating Profit 8 19 13 14 21 25 29
Interest 1 1 1 1 2 3 1
Depreciation 1 1 1 1 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 6 17 11 12 17 20 26
Provision for Tax 2 4 2 3 5 5 7
Profit After Tax 4 13 8 9 12 15 19
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments 4 13 8 9 12 15 19
Adjusted Earnings Per Share 2.5 7.2 4.7 5.2 4.9 5.9 7.7

Shri Techtex Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 8 21 21 30 84 99 118
Minority's Interest 0 0 0 0 0 0 0
Borrowings 5 14 19 25 7 3 0
Other Non-Current Liabilities 3 5 0 7 2 2 2
Total Current Liabilities 2 7 12 12 8 12 14
Total Liabilities 18 47 53 74 100 115 134
Fixed Assets 10 12 37 38 46 48 46
Other Non-Current Assets 2 13 1 1 4 12 19
Total Current Assets 6 22 15 34 50 55 69
Total Assets 18 47 53 74 100 115 134

Shri Techtex Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 0 0 1 0 1 2 12
Cash Flow from Operating Activities 1 4 22 -8 8 21 -3
Cash Flow from Investing Activities -0 -14 -13 -3 -22 -4 -3
Cash Flow from Financing Activities 0 11 -9 11 15 -7 -3
Net Cash Inflow / Outflow 0 0 -0 1 2 10 -9
Closing Cash & Cash Equivalent 0 1 0 1 2 12 3

Shri Techtex Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 2.55 7.21 4.71 5.19 4.92 5.88 7.73
CEPS(Rs) 3.16 7.86 5.34 5.9 5.7 6.8 8.69
DPS(Rs) 0 0 0 0 0 0 0
Book NAV/Share(Rs) 4.61 11.83 11.97 16.99 33.62 39.5 47.23
Core EBITDA Margin(%) 47.92 45.79 23.96 21.97 25.51 25.33 27.55
EBIT Margin(%) 42.41 44.79 23.06 21.82 25.17 27.52 31.27
Pre Tax Margin(%) 37.9 42.54 20.78 20.4 22.15 24.08 30.68
PAT Margin (%) 27.82 32.07 16.15 16 16.07 17.75 22.92
Cash Profit Margin (%) 34.46 34.97 18.31 18.18 18.61 20.52 25.77
ROA(%) 25.32 39.44 16.64 14.38 14.12 13.63 15.48
ROE(%) 55.32 87.77 39.58 35.83 21.59 16.08 17.83
ROCE(%) 52.58 72.58 29.04 23.16 24.51 22.21 22.83
Receivable days 45.77 61.06 75.6 69.62 73.75 97.98 97.34
Inventory Days 45.91 16.96 21.37 51.3 61.19 38.97 69.54
Payable days 0 118.78 61.77 51.66 31.98 22.42 17.89
PER(x) 0 0 0 0 12.34 12 7.54
Price/Book(x) 0 0 0 0 1.81 1.79 1.23
Dividend Yield(%) 0 0 0 0 0 0 0
EV/Net Sales(x) 0.42 0.42 0.52 0.85 2.1 2.12 1.72
EV/Core EBITDA(x) 0.85 0.88 2.04 3.55 7.57 6.99 5.05
Net Sales Growth(%) 0 145.52 29.67 11.23 34.17 8.24 1.76
EBIT Growth(%) 0 159.26 -33.23 5.23 54.81 18.35 15.64
PAT Growth(%) 0 183 -34.69 10.17 34.81 19.5 31.46
EPS Growth(%) 0 183 -34.7 10.17 -5.17 19.5 31.46
Debt/Equity(x) 0.6 0.72 1.17 1.07 0.13 0.11 0.02
Current Ratio(x) 2.73 3.15 1.24 2.84 6.54 4.68 4.99
Quick Ratio(x) 1.76 2.91 0.89 1.87 4.7 4.36 2.94
Interest Cover(x) 9.41 19.98 10.11 15.38 8.34 7.99 52.39
Total Debt/Mcap(x) 0 0 0 0 0.07 0.06 0.02

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +1% +14% +17% —
Operating Profit CAGR +16% +27% +9% —
PAT CAGR +27% +28% +8% —
Share Price CAGR -18% -11% — —
ROE Average +18% +19% +26% +39%
ROCE Average +23% +23% +24% +35%

Shri Techtex Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 70.34 %
FII 0.45 %
DII (MF + Insurance) 0 %
Public (retail) 29.21 %
# Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 70.3470.3470.3470.3470.3470.34
FII 3.313.361.820.880.450.45
DII 10.390000
Public 25.3525.9127.8428.7829.2129.21
Others 000000
Total 100100100100100100

Shri Techtex Peer Comparison

Shri Techtex Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Shri Techtex Pros & Cons

Pros

  • Debtor days have improved from 22.42 to 17.89days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • The company has delivered a poor profit growth of 7% over past five years.
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