Textile · Founded 1986 · www.spentasocks.com · BSE 526161 · · ISIN INE175C01018
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Business
Spenta International Ltd. operates within the textile sector in India. Its core business likely involves the manufacturing, processing, and sale of various textile products. This could encompass different stages of the textile value chain, such as spinning yarn, weaving or knitting fabric, dyeing and finishing, or even garment manufacturing and export. The company generates revenue by supplying these textile goods to a diverse customer base, which may include domestic apparel brands, retailers, exporters, and international clients.
Revenue Mix
Specific details regarding Spenta International Ltd.'s precise business segments and their individual contributions to overall revenue are not publicly available or provided. Given its sector, the company's revenue likely primarily stems from the sale of various textile products, which could include categories such as cotton yarn, synthetic fabrics, blended textiles, or ready-made garments, depending on its specific manufacturing focus.
Industry
The Indian textile industry is one of the oldest and largest sectors in the country, characterized by its fragmented nature and intense competition. It comprises both organized and unorganized players across various scales, from large integrated mills to small power loom units. The industry is labor-intensive and plays a significant role in India's exports. Without specific market share data, Spenta International Ltd. is likely positioned as a mid-tier player within this competitive landscape, competing on factors such as product quality, cost efficiency, timely delivery, and customer service, rather than dominant market share.
MOAT
Without specific company details, Spenta International Ltd. is unlikely to possess strong, durable competitive advantages like network effects, proprietary technology, or high switching costs often found in other industries. Any potential competitive advantage would likely stem from operational efficiencies (e.g., cost-effective manufacturing, supply chain management), established customer relationships, specialized product offerings, or a focus on niche markets. However, in the highly commoditized and competitive textile industry, these advantages can often be replicated, making them less robust moats.
Growth Drivers
Key factors that could drive Spenta International Ltd.'s growth over the next 3-5 years include:
Increasing Domestic Consumption: Rising disposable incomes and changing fashion trends in India drive demand for textile products.
Export Opportunities: Growing global demand for textiles and apparel, coupled with India's competitive manufacturing costs, can boost exports.
Government Initiatives: Policy support and incentives from the Indian government (e.g., PLI schemes for textiles, export promotion policies) can foster industry growth.
Product Diversification: Expansion into higher-value products, technical textiles, or sustainable textile solutions.
Operational Modernization: Investment in technology and automation to enhance efficiency and reduce costs.
Risks
Raw Material Price Volatility: Fluctuations in prices of key raw materials like cotton, synthetic fibers, and dyes can impact profitability.
Currency Fluctuations: As a potential exporter/importer, adverse movements in foreign exchange rates can affect revenues and costs.
Intense Competition: High competition from domestic and international players can lead to pricing pressures and margin erosion.
Changing Fashion Trends & Consumer Preferences: The textile industry is highly susceptible to rapid shifts in fashion, requiring quick adaptation and inventory management.
Global Economic Downturns: A slowdown in major global economies can reduce demand for textile exports.
Labor Costs & Availability: The labor-intensive nature of the industry makes it vulnerable to rising labor costs and potential labor shortages.
Environmental Regulations: Increasing scrutiny and regulations regarding environmental compliance can lead to higher operational costs.
Management & Ownership
In India, many companies, particularly in traditional sectors like textiles, are promoter-led. Spenta International Ltd. is likely controlled by its founding family or a core promoter group, which typically ensures long-term strategic vision but can also concentrate decision-making power. Specific details about the current management team's experience, professional qualifications, or the exact ownership structure are not provided. The quality of management would be assessed on their ability to navigate industry challenges, manage operational efficiencies, and drive sustainable growth.
Outlook
Spenta International Ltd. operates in a fundamental industry with consistent demand, supported by India's large domestic market and growing export potential. The "Make in India" initiative and government support for the textile sector offer potential tailwinds. However, the company faces inherent challenges common to the textile industry, including volatile raw material prices, intense competition, and susceptibility to global economic cycles. Its future performance will largely depend on its ability to maintain cost competitiveness, adapt to evolving fashion trends, innovate in product offerings, and effectively manage its supply chain amidst these market dynamics. The lack of specific public information on its operational scale, specific product focus, or financial health makes a precise assessment challenging.
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| #(Fig in Cr.) | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 9 | 10 | 14 | 14 | 10 | 10 | 11 | 9 | 11 | 10 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Total Income | 9 | 11 | 14 | 14 | 10 | 10 | 11 | 9 | 12 | 10 |
| Total Expenditure | 8 | 10 | 12 | 13 | 9 | 10 | 11 | 9 | 12 | 11 |
| Operating Profit | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | -1 | -0 |
| Interest | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | -0 | 1 | 1 | 0 | 0 | 0 | -0 | -1 | -1 |
| Provision for Tax | 0 | -0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 |
| Profit After Tax | 0 | -0 | 1 | 0 | 0 | 0 | 0 | -0 | -1 | -1 |
| Adjustments | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | -0 | 1 | 0 | 0 | 0 | 0 | -0 | -1 | -1 |
| Adjusted Earnings Per Share | 1.7 | -0.3 | 2.9 | 1.6 | 0.5 | 0.1 | 0.1 | -0.8 | -4.2 | -3 |
| #(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 | 36 | 38 | 36 | 37 | 44 | 36 | 22 | 51 | 53 | 35 | 48 | 41 |
| Other Income | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total Income | 36 | 38 | 36 | 38 | 45 | 37 | 23 | 52 | 54 | 36 | 49 | 42 |
| Total Expenditure | 31 | 32 | 31 | 32 | 38 | 32 | 22 | 47 | 50 | 32 | 44 | 43 |
| Operating Profit | 5 | 6 | 5 | 6 | 6 | 5 | 1 | 5 | 4 | 4 | 5 | 0 |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 2 | 4 | 2 | 3 | 3 | 2 | -2 | 3 | 1 | 1 | 2 | -2 |
| Provision for Tax | 1 | 1 | 1 | 1 | 1 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1 | 3 | 2 | 2 | 2 | 1 | -2 | 2 | 1 | 1 | 1 | -2 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 3 | 2 | 2 | 2 | 1 | -2 | 2 | 1 | 1 | 1 | -2 |
| Adjusted Earnings Per Share | 4.5 | 9.8 | 6.1 | 6.7 | 8.2 | 4.3 | -5.8 | 7.9 | 4.1 | 4 | 4.4 | -7.9 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 37% | -2% | 6% | 3% |
| Operating Profit CAGR | 25% | 0% | 0% | 0% |
| PAT CAGR | 0% | -21% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 39% | -0% | 16% | 3% |
| ROE Average | 4% | 4% | 3% | 6% |
| ROCE Average | 7% | 7% | 6% | 10% |
| #(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 | 19 | 21 | 23 | 24 | 26 | 26 | 24 | 27 | 27 | 28 | 29 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 1 | 3 | 3 | 8 | 6 | 5 | 8 | 7 | 6 | 4 | 3 |
| Other Non-Current Liabilities | 0 | 0 | -0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Total Current Liabilities | 7 | 8 | 9 | 14 | 17 | 15 | 19 | 24 | 22 | 23 | 24 |
| Total Liabilities | 26 | 32 | 35 | 46 | 49 | 48 | 52 | 59 | 56 | 56 | 58 |
| Fixed Assets | 6 | 8 | 9 | 18 | 18 | 18 | 17 | 16 | 15 | 15 | 14 |
| Other Non-Current Assets | 2 | 4 | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Total Current Assets | 19 | 20 | 22 | 25 | 29 | 27 | 32 | 40 | 39 | 40 | 42 |
| Total Assets | 26 | 32 | 35 | 46 | 49 | 48 | 52 | 59 | 56 | 56 | 58 |
| #(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 | 5 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Cash Flow from Operating Activities | 3 | 3 | 2 | 1 | 2 | 5 | -2 | -1 | 3 | 3 | 3 |
| Cash Flow from Investing Activities | -0 | -7 | -2 | -7 | -0 | -1 | -0 | 0 | -0 | -3 | -0 |
| Cash Flow from Financing Activities | -1 | 4 | -1 | 6 | -2 | -3 | 2 | 0 | -3 | -0 | -2 |
| Net Cash Inflow / Outflow | 1 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 |
| Closing Cash & Cash Equivalent | 6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| # | 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) | 4.53 | 9.77 | 6.12 | 6.67 | 8.16 | 4.31 | -5.76 | 7.92 | 4.15 | 3.98 | 4.39 |
| CEPS(Rs) | 12.55 | 13.11 | 9.56 | 11.44 | 12.38 | 8.45 | -1.8 | 11.88 | 8.14 | 7.42 | 7.79 |
| DPS(Rs) | 1.1 | 1.2 | 1.3 | 1.5 | 1.5 | 0.8 | 0 | 1.5 | 1 | 1 | 1 |
| Book NAV/Share(Rs) | 68.28 | 76.62 | 83.33 | 88.37 | 92.3 | 94.64 | 87.98 | 95.06 | 98.93 | 101.61 | 105.16 |
| Core EBITDA Margin(%) | 11.78 | 13.93 | 11.99 | 13.44 | 13.84 | 11.32 | 2.25 | 8.67 | 6.35 | 8.53 | 7.08 |
| EBIT Margin(%) | 7.15 | 12.83 | 11.02 | 11.55 | 12.04 | 9.42 | 0.18 | 8.4 | 5.77 | 9.54 | 7.57 |
| Pre Tax Margin(%) | 5.05 | 9.82 | 6.98 | 6.96 | 7.25 | 4.53 | -7.18 | 5.18 | 2.42 | 4.15 | 3.22 |
| PAT Margin (%) | 3.52 | 7.16 | 4.73 | 4.98 | 5.1 | 3.3 | -7.17 | 4.27 | 2.17 | 3.13 | 2.55 |
| Cash Profit Margin (%) | 9.76 | 9.6 | 7.39 | 8.54 | 7.73 | 6.47 | -2.24 | 6.41 | 4.26 | 5.83 | 4.52 |
| ROA(%) | 4.8 | 9.23 | 5.06 | 4.55 | 4.7 | 2.46 | -3.21 | 3.96 | 2 | 1.96 | 2.13 |
| ROE(%) | 6.6 | 13.49 | 7.65 | 7.77 | 9.03 | 4.61 | -6.31 | 8.66 | 4.27 | 3.97 | 4.25 |
| ROCE(%) | 11.58 | 19.39 | 13.41 | 11.99 | 12.89 | 8.14 | 0.1 | 9.49 | 6.41 | 6.82 | 7.07 |
| Receivable days | 61.45 | 61.11 | 65.45 | 79.78 | 100.32 | 123.22 | 205.52 | 108.34 | 99.47 | 121.62 | 84.61 |
| Inventory Days | 53.58 | 54.78 | 63.97 | 75.76 | 69.63 | 87.9 | 152.78 | 87.44 | 101.38 | 152.72 | 115.27 |
| Payable days | 56.99 | 57.03 | 56.71 | 64.97 | 58.86 | 55.85 | 92.05 | 51 | 44.06 | 47.49 | 28.53 |
| PER(x) | 10.07 | 10.27 | 18.01 | 21.51 | 9.6 | 11.58 | 0 | 11.22 | 23.88 | 29.29 | 31.01 |
| Price/Book(x) | 0.67 | 1.31 | 1.32 | 1.62 | 0.85 | 0.53 | 0.53 | 0.93 | 1 | 1.15 | 1.3 |
| Dividend Yield(%) | 2.41 | 1.2 | 1.18 | 1.05 | 1.91 | 1.6 | 0 | 1.69 | 1.01 | 0.86 | 0.73 |
| EV/Net Sales(x) | 0.27 | 0.75 | 0.89 | 1.4 | 0.77 | 0.68 | 1.23 | 0.79 | 0.79 | 1.28 | 1.03 |
| EV/Core EBITDA(x) | 2 | 4.93 | 6.47 | 9.24 | 5.22 | 5.41 | 24.12 | 7.51 | 10.04 | 10.47 | 10.77 |
| Net Sales Growth(%) | -5.52 | 6.17 | -5.36 | 3.59 | 19.53 | -18.35 | -38.48 | 130.54 | 3.2 | -33.52 | 35.54 |
| EBIT Growth(%) | -26.78 | 90.48 | -18.74 | 8.62 | 24.63 | -36.12 | -98.79 | 0 | -29.17 | 10 | 7.48 |
| PAT Growth(%) | -14.7 | 115.74 | -37.42 | 9.04 | 22.38 | -47.17 | -233.65 | 237.5 | -47.67 | -3.9 | 10.32 |
| EPS Growth(%) | -4 | 115.74 | -37.42 | 9.04 | 22.38 | -47.17 | -233.65 | 237.5 | -47.67 | -3.9 | 10.32 |
| Debt/Equity(x) | 0.17 | 0.32 | 0.34 | 0.66 | 0.65 | 0.59 | 0.79 | 0.8 | 0.75 | 0.8 | 0.77 |
| Current Ratio(x) | 2.86 | 2.4 | 2.54 | 1.82 | 1.71 | 1.77 | 1.74 | 1.67 | 1.78 | 1.77 | 1.74 |
| Quick Ratio(x) | 1.97 | 1.76 | 1.72 | 1.22 | 1.21 | 1.19 | 1.21 | 1.06 | 1.11 | 1.12 | 1.11 |
| Interest Cover(x) | 3.4 | 4.26 | 2.73 | 2.51 | 2.51 | 1.93 | 0.03 | 2.61 | 1.72 | 1.77 | 1.74 |
| Total Debt/Mcap(x) | 0.25 | 0.24 | 0.25 | 0.41 | 0.77 | 1.11 | 1.48 | 0.86 | 0.75 | 0.7 | 0.59 |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +37% | -2% | +6% | +3% |
| Operating Profit CAGR | +25% | 0% | 0% | 0% |
| PAT CAGR | 0% | -21% | 0% | 0% |
| Share Price CAGR | +39% | 0% | +16% | +3% |
| ROE Average | +4% | +4% | +3% | +6% |
| ROCE Average | +7% | +7% | +6% | +10% |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 | 64.71 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 | 35.29 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
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