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Sparkle Gold Rock Overview

1. Business Overview

Sparkle Gold Rock Ltd. (SPARKLEGR) is primarily involved in the textile spinning sector in India. Its core business model involves processing raw textile fibers, such as cotton, synthetic fibers, or blends, into various types of yarn. The company makes money by selling this spun yarn to downstream customers, which typically include fabric manufacturers, weavers, knitters, and garment producers, for further processing into finished textile products.

2. Key Segments / Revenue Mix

Specific information on key business segments or revenue mix is not available. Based on its industry classification, it can be inferred that the vast majority of its revenue is derived from the sale of spun yarn. Potential variations could include different types of yarn (e.g., cotton yarn, blended yarn, synthetic yarn) or specific counts/qualities, but detailed segmentation is unknown.

3. Industry & Positioning

The company operates within the Textile - Spinning industry in India. India is a significant global player in the textile sector, known for its extensive raw material base, skilled labor, and large domestic market. The spinning industry in India is generally capital-intensive, competitive, and can be fragmented, comprising a mix of large integrated players and numerous smaller standalone units. Without specific data, Sparkle Gold Rock Ltd.'s precise positioning (e.g., market share, scale relative to peers, focus on specific yarn types or export markets) within this landscape cannot be determined.

4. Competitive Advantage (Moat)

Specific competitive advantages for Sparkle Gold Rock Ltd. are not ascertainable from the provided information. In the highly competitive textile spinning industry, durable moats are challenging to establish. Potential advantages, if present, could stem from:

Cost Leadership: Achieving superior operational efficiency, lower power costs, or advantageous raw material sourcing.

Scale: Large-scale operations that lead to economies of scale in procurement, production, and distribution.

Customer Relationships: Long-standing relationships and consistent quality for key buyers.

Product Quality/Specialization: Producing niche or high-quality yarns that command a premium.

However, without specific data, it is difficult to confirm if any of these provide a sustainable, durable advantage.

5. Growth Drivers

Potential growth drivers for Sparkle Gold Rock Ltd. over the next 3-5 years, assuming efficient operations and favorable market conditions, could include:

Increasing Domestic Demand: Growth in India's population and disposable income driving demand for textiles and apparel.

Export Opportunities: Leveraging India's position as a global textile exporter, benefiting from increasing global demand for yarn and textiles.

Capacity Expansion/Modernization: Investing in new machinery or upgrading existing capacity to enhance efficiency and output.

Backward/Forward Integration: Potential for integrating into raw material processing or fabric manufacturing to capture more value.

Government Initiatives: Benefiting from schemes promoting the textile sector (e.g., PLI schemes, export incentives).

6. Risks

Key risks for Sparkle Gold Rock Ltd. in the textile spinning industry include:

Raw Material Price Volatility: Fluctuations in prices of cotton (due to weather, global supply) and synthetic fibers (linked to crude oil prices) can significantly impact profitability.

Intense Competition: The fragmented and competitive nature of the Indian spinning industry can lead to pressure on margins.

Power and Labor Costs: Rising energy prices and labor costs can directly impact operational expenses.

Currency Fluctuations: As an exporter and potentially importer of raw materials, currency movements can affect profitability.

Global Economic Slowdown: A downturn in global economies can reduce demand for textiles and apparel, impacting export orders.

Regulatory and Trade Policies: Changes in government policies, tariffs, or trade agreements can affect competitiveness.

Working Capital Management: The industry often requires significant working capital due to inventory holding and credit cycles.

7. Management & Ownership

Specific details regarding the promoters, management quality, or ownership structure of Sparkle Gold Rock Ltd. are not provided. In India, many textile companies are promoter-led or family-owned, with varying levels of professional management.

8. Outlook

The outlook for Sparkle Gold Rock Ltd. is subject to the dynamics of the Indian and global textile industries.

Bull Case: The company could benefit from India's growing domestic consumption, increasing textile exports, and potential government support for the sector. If Sparkle Gold Rock Ltd. can achieve cost efficiencies, maintain high product quality, and effectively manage its supply chain, it could strengthen its market position.

Bear Case: The company faces inherent risks from commodity price volatility, intense competition leading to margin pressure, and sensitivity to global economic cycles. Operational inefficiencies, inability to pass on cost increases, or adverse shifts in trade policies could negatively impact its performance.

Overall, without specific operational and financial data, the company's trajectory will largely depend on its execution capabilities within a cyclical and competitive industry.

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Sparkle Gold Rock Key Financials

Market Cap ₹34 Cr.

Stock P/E -137.1

P/B 14.4

Current Price ₹75

Book Value ₹ 5.2

Face Value 10

52W High ₹110.3

Dividend Yield 0%

52W Low ₹ 62

Sparkle Gold Rock Share Price

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Volume
Price

Sparkle Gold Rock Quarterly Price

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Sparkle Gold Rock Peer Comparison

Sparkle Gold Rock Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 0 0 0 2 7 2 13 46
Other Income 0 4 0 0 0 0 0 0 0 0
Total Income 0 4 0 0 0 2 7 2 13 46
Total Expenditure 0 0 0 0 0 2 7 2 13 44
Operating Profit -0 3 -0 -0 -0 -0 -0 -0 0 1
Interest 0 0 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 -1
Profit Before Tax -0 3 -0 -0 -0 -0 -0 0 0 1
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 3 -0 -0 -0 -0 -0 0 0 1
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 3 -0 -0 -0 -0 -0 0 0 1
Adjusted Earnings Per Share -0.4 7.7 -0.1 -0.1 -0 -0.1 -0.3 0.2 0.7 1.8

Sparkle Gold Rock Profit & Loss

#(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 12 9 7 4 7 6 6 2 0 0 9 68
Other Income 0 0 0 0 0 0 0 0 0 4 0 0
Total Income 12 9 7 4 8 6 6 2 0 4 9 68
Total Expenditure 12 10 7 4 7 6 6 2 0 0 9 66
Operating Profit -1 -1 -0 0 0 -0 -0 -0 -0 3 -0 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 -1
Profit Before Tax -1 -1 -0 0 0 -0 -0 -0 -0 3 -0 1
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax -1 -1 -0 0 0 -0 -0 -0 -0 3 -0 1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -1 -1 -0 0 0 -0 -0 -0 -0 3 -0 1
Adjusted Earnings Per Share -2 -1.7 -1 0.1 0.8 -0.9 -1.1 -0.3 -0.1 7.2 -0.5 2.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 65% 8% -3%
Operating Profit CAGR -100% 0% 0% 0%
PAT CAGR -100% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -10% 166% 106% 44%
ROE Average -20% -7% -4% -16%
ROCE Average -13% 97% 51% 18%

Sparkle Gold Rock Balance Sheet

#(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 -0 -1 -1 -1 -1 -1 -2 -2 -2 1 1
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 2 2 3 3 3 3 2 3 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 3 3 3 1 1 1 1 0 0 0 4
Total Liabilities 6 4 3 3 4 3 3 1 1 2 5
Fixed Assets 1 1 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 5 3 3 3 3 3 3 1 1 2 5
Total Assets 6 4 3 3 4 3 3 1 1 2 5

Sparkle Gold Rock Cash Flow

#(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 0 0 0 0 0 1 0 0 0 0 0
Cash Flow from Operating Activities -2 0 0 -0 0 -0 -0 1 -0 -0 -0
Cash Flow from Investing Activities 0 1 0 -1 0 0 0 0 0 3 1
Cash Flow from Financing Activities 2 -1 -0 1 0 0 0 -1 0 -3 0
Net Cash Inflow / Outflow 0 -0 0 -0 0 -0 0 -0 0 0 1
Closing Cash & Cash Equivalent 0 0 0 0 1 0 0 0 0 0 1

Sparkle Gold Rock Ratios

# 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) -2.02 -1.65 -0.97 0.09 0.84 -0.9 -1.06 -0.27 -0.13 7.16 -0.55
CEPS(Rs) -1.91 -1.54 -0.87 0.15 0.9 -0.84 -1.01 -0.22 -0.09 7.19 -0.55
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -0.05 -1.7 -2.68 -2.59 -1.76 -2.65 -3.71 -3.98 -4.11 3.05 2.51
Core EBITDA Margin(%) -6.15 -11.04 -9.98 -3.41 4.18 -7.04 -8.77 -8.13 0 0 -2.84
EBIT Margin(%) -6.41 -6.47 -5.1 1.86 5.06 -7.04 -8.33 -6.19 0 0 -2.11
Pre Tax Margin(%) -7.86 -8.17 -6.67 1 5.04 -7.07 -8.35 -6.19 0 0 -2.11
PAT Margin (%) -7.86 -8.17 -6.67 1 5.04 -7.07 -8.35 -6.19 0 0 -2.72
Cash Profit Margin (%) -7.43 -7.62 -5.97 1.77 5.39 -6.65 -7.97 -5.18 0 0 -2.71
ROA(%) -13.05 -15.25 -11.49 1.11 10.67 -11.85 -15.59 -5.87 -5.53 233.67 -7.14
ROE(%) -151.68 0 0 0 0 0 0 0 0 0 -19.69
ROCE(%) -23.25 -21 -16.84 3.67 17.3 -18.03 -26.24 -10.47 -8.69 313.4 -12.91
Receivable days 78.85 72.11 90.59 147.35 70.14 82.76 75.48 144.91 0 0 93.63
Inventory Days 93.04 76.07 57.47 77.96 48.94 67.03 72.27 131.13 0 0 0
Payable days 117.1 67.21 80.11 139.7 68.23 70.92 76.82 158.6 0 0 74.97
PER(x) 0 0 0 0 0 0 0 0 0 0.78 0
Price/Book(x) 0 0 -0.71 0 0 -0.74 0 -0.87 0 1.84 25.81
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.69 0.8 0.58 1.98 0.96 0.69 1.33 2.07 0 0 3.15
EV/Core EBITDA(x) -11.52 -7.53 -11.47 75.17 17.82 -10.49 -16.72 -39.99 -165.71 0.66 -150.2
Net Sales Growth(%) -36.39 -21.42 -27.82 -41.86 95.75 -23.65 -0.11 -66.01 -100 0 0
EBIT Growth(%) -515.85 20.69 43.08 121.23 431.91 -206.28 -18.14 74.75 49.93 5463.41 -105.92
PAT Growth(%) -173.15 18.35 41.09 108.73 885.4 -207.14 -18.02 74.81 49.93 5463.41 -107.64
EPS Growth(%) -173.15 18.35 41.09 108.73 885.09 -207.14 -18.02 74.81 49.94 5465.02 -107.64
Debt/Equity(x) -157.18 -3.67 -2.61 -2.67 -4.08 -2.7 -1.95 -1.39 -1.37 0 0.4
Current Ratio(x) 1.35 1.25 1.14 1.98 2.55 2.4 1.88 1.85 1.92 5.21 1.43
Quick Ratio(x) 0.62 0.8 0.82 1.42 1.59 1.59 0.9 1.76 1.83 5.1 1.43
Interest Cover(x) -4.41 -3.8 -3.26 2.16 218.48 -284.19 -400.51 0 0 0 -1898
Total Debt/Mcap(x) 0 0 3.69 0 0 3.67 0 1.6 0 0 0.02

Sparkle Gold Rock Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 15.62 15.62 10.04 0 0 0 0 0 0 0
FII 0 0 0 0 0 0 0 0 0 0
DII 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8
Public 74.57 74.57 80.16 90.2 90.2 90.2 90.2 90.2 90.2 90.2
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Sparkle Gold Rock News

Sparkle Gold Rock Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 0%.
  • Company has a low return on equity of -7% over the last 3 years.
  • Debtor days have increased from 0 to 74.97days.
  • Stock is trading at 14.4 times its book value.
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