About
Akshar Spintex Limited engages in the spinning, manufacture, and sale of cotton yarns in India. The company offers natural cotton, organic and BCI certified cotton, viscose, modal, and excel fibres. It also produces carded, semi combed, and combed cotton yarns; and slub, core spun, TFO, eli twist, fancy, melange, blended, BCI certified, and organic yarns. Akshar Spintex Limited was incorporated in 2013 and is based in Rajkot, India.
Key Metrics
as of Sep 2026Market Cap33 Cr
P/E—
Div Yield0.00 %
Book Value₹1.03
52w High₹0.76
52w Low₹0.36
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29.93 | 34.40 | 34.35 | 22.34 | 26.19 | 30.58 | 25.97 | 23.19 | 37.02 | 48.13 | 44.80 | 43.57 | 38.45 |
| Expenses | 27.74 | 33.19 | 39.42 | 22.61 | 26.71 | 31.41 | 28.21 | 24.48 | 35.07 | 45.79 | 42.99 | 41.74 | 36.69 |
| Operating Profit | 2.19 | 1.21 | -5.07 | -0.27 | -0.52 | -0.83 | -2.24 | -1.29 | 1.95 | 2.34 | 1.81 | 1.83 | 1.76 |
| OPM % | 7.32 | 3.52 | -14.76 | -1.21 | -1.99 | -2.71 | -8.63 | -5.56 | 5.27 | 4.86 | 4.04 | 4.20 | 4.58 |
| Other Income | 0.57 | 1.22 | 1.62 | 0.47 | 0.50 | 0.85 | 0.39 | 0.39 | 0.64 | 0.70 | 0.52 | 0.86 | 0.87 |
| Depreciation | 1.65 | 1.74 | 1.82 | 1.69 | 1.59 | 1.16 | 1.16 | 1.17 | 1.15 | 1.12 | 1.07 | 1.07 | 1.07 |
| Interest | 0.07 | 0.09 | 0.10 | 0.11 | 0.12 | 0.13 | 0.28 | 0.32 | 0.36 | 0.39 | 0.29 | 0.36 | 0.30 |
| Profit before tax | 1.04 | 0.60 | -5.37 | -1.60 | -1.73 | -1.27 | -3.29 | -2.39 | 1.08 | 1.53 | 0.97 | 1.26 | 1.26 |
| Tax % | 42.31 | 165.00 | -29.42 | 23.12 | -28.32 | -10.24 | -29.18 | -33.05 | 41.67 | 37.25 | 27.84 | 28.57 | 28.57 |
| Net Profit | 0.60 | -0.39 | -3.80 | -1.97 | -1.24 | -1.14 | -2.33 | -1.60 | 0.63 | 0.96 | 0.70 | 0.90 | 0.90 |
| EPS in Rs | 0.01 | 0.00 | -0.05 | -0.03 | -0.02 | -0.01 | -0.03 | -0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 117.00 | 117.00 | 175.00 | 136.00 | 172.00 | 110.00 | 109.00 | 101.00 | 93.00 | 86.00 | 58.00 | 15.00 |
| Expenses | 122.00 | 119.00 | 167.00 | 136.00 | 159.00 | 104.00 | 108.00 | 95.00 | 85.00 | 77.00 | 50.00 | 13.00 |
| Operating Profit | -5.00 | -2.00 | 8.00 | 0.00 | 13.00 | 5.00 | 1.00 | 6.00 | 8.00 | 9.00 | 8.00 | 2.00 |
| OPM % | -4.00 | -2.00 | 4.40 | -0.30 | 8.00 | 4.70 | 0.60 | 6.00 | 8.00 | 10.00 | 14.00 | 14.00 |
| Other Income | 4.00 | 2.00 | 3.00 | 2.00 | 3.00 | 1.00 | 2.00 | 4.00 | 6.00 | 0.00 | 1.00 | 0.00 |
| Interest | 0.00 | 1.00 | 1.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 | 1.00 |
| Depreciation | 7.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 1.00 |
| Profit before tax | -8.00 | -6.00 | 5.00 | -4.00 | 10.00 | 0.00 | -5.00 | 4.00 | 8.00 | 3.00 | 3.00 | 0.00 |
| Tax % | -9.00 | -24.00 | 31.00 | -34.00 | 27.00 | -789.00 | 25.00 | 42.00 | -6.00 | 4.00 | 23.00 | 282.00 |
| Net Profit | -7.00 | -4.00 | 3.00 | -3.00 | 7.00 | 1.00 | -6.00 | 2.00 | 9.00 | 3.00 | 3.00 | -1.00 |
| EPS in Rs | -0.09 | -0.06 | 0.04 | -0.04 | 0.09 | 0.02 | -0.07 | 0.03 | 0.11 | 0.03 | 0.04 | -0.01 |
| Dividend Payout % | 0.00 | 0.00 | 9.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 79.00 | 79.00 | 30.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 24.00 | 24.00 | 24.00 | 20.00 |
| Reserves | 2.00 | 9.00 | 14.00 | 16.00 | 18.00 | 11.00 | 10.00 | 16.00 | 11.00 | 2.00 | 2.00 | -1.00 |
| Borrowings | 5.00 | 6.00 | 19.00 | 18.00 | 26.00 | 25.00 | 28.00 | 33.00 | 37.00 | 42.00 | 44.00 | 45.00 |
| Other Liabilities | 10.00 | 4.00 | 11.00 | 18.00 | 24.00 | 12.00 | 11.00 | 11.00 | 7.00 | 7.00 | 4.00 | 6.00 |
| Total Liabilities | 96.00 | 98.00 | 74.00 | 76.00 | 93.00 | 73.00 | 74.00 | 85.00 | 79.00 | 75.00 | 75.00 | 70.00 |
| Fixed Assets | 40.00 | 37.00 | 39.00 | 39.00 | 43.00 | 46.00 | 50.00 | 49.00 | 52.00 | 56.00 | 58.00 | 54.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 56.00 | 61.00 | 34.00 | 37.00 | 50.00 | 27.00 | 24.00 | 31.00 | 26.00 | 19.00 | 17.00 | 17.00 |
| Total Assets | 96.00 | 98.00 | 74.00 | 76.00 | 93.00 | 73.00 | 74.00 | 85.00 | 79.00 | 75.00 | 75.00 | 70.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 8.00 | -30.00 | 5.00 | 10.00 | 3.00 | 6.00 | 8.00 | 9.00 | 7.00 | 6.00 | 12.00 | 10.00 |
| Cash from Investing Activity | -8.00 | -2.00 | -4.00 | 0.00 | -1.00 | -1.00 | 0.00 | -5.00 | 0.00 | -1.00 | -8.00 | -44.00 |
| Cash from Financing Activity | -1.00 | 35.00 | 0.00 | -10.00 | -2.00 | -6.00 | -8.00 | -3.00 | -7.00 | -5.00 | -5.00 | 35.00 |
| Net Cash Flow | -1.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.00 | 1.00 |
| Free Cash Flow | 0.00 | -32.00 | 0.00 | 10.00 | 2.00 | 6.00 | 8.00 | 3.00 | 7.00 | 4.00 | 3.00 | -33.00 |
| CFO/OP % | -165.00 | 1,235.00 | 63.00 | -2,329.00 | 30.00 | 123.00 | 1,161.00 | 152.00 | 91.00 | 69.00 | 151.00 | 469.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16.00 | 24.00 | 10.00 | 33.00 | 2.00 | 10.00 | 15.00 | 18.00 | 20.00 | 24.00 | 13.00 | 50.00 |
| Inventory Days | 139.00 | 155.00 | 60.00 | 53.00 | 88.00 | 65.00 | 40.00 | 61.00 | 63.00 | 56.00 | 78.00 | 153.00 |
| Days Payable | 29.00 | 8.00 | 21.00 | 45.00 | 36.00 | 31.00 | 21.00 | 27.00 | 17.00 | 21.00 | 11.00 | 106.00 |
| Cash Conversion Cycle | 126.00 | 171.00 | 50.00 | 41.00 | 54.00 | 44.00 | 34.00 | 52.00 | 66.00 | 60.00 | 80.00 | 97.00 |
| Working Capital Days | 121.00 | 154.00 | 25.00 | 23.00 | 26.00 | 15.00 | 1.00 | 31.00 | 28.00 | 5.00 | 28.00 | -33.00 |
| ROCE % | -9.00 | -6.00 | 11.00 | -4.00 | 19.00 | 4.00 | -2.00 | 9.00 | 15.00 | 8.00 | 9.00 | — |
Corporate Actions
10 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Rights | 23 Aug 2024 | 23 Aug 2024 | 13:8 | — | |
| Other | 23 Aug 2024 | 23 Aug 2024 | — | — | Right Issue of Equity Shares |
| Bonus | 15 Feb 2024 | 15 Feb 2024 | 1:5 | — | |
| Other | 24 Jan 2024 | — | — | — | E.G.M. |
| Other | 24 Jan 2024 | — | — | — | Extra Ordinary General Meeting |
| Dividend | 04 Jan 2024 | 04 Jan 2024 | — | 0.01 | |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Split | 31 Jul 2023 | 31 Jul 2023 | 10:1 | — | |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update17 Jul from fitch
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Rating update16 Jun from care
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Rating update18 Jul 2025 from fitch
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Rating update2 Apr 2025 from care
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Rating update23 Dec 2024 from fitch
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Rating update13 Aug 2024 from fitch