About
Shiva Mills Limited engages in the manufacturing and marketing of cotton yarns in India. It operates spinning unit and owns 22 windmills with a total installed capacity of 10.65 MW. The company also exports its products. The company was formerly known as STYL Textile Ventures Limited and changed its name to Shiva Mills Limited in March 2017. Shiva Mills Limited was incorporated in 2015 and is based in Coimbatore, India.
Key Metrics
as of Sep 2026Market Cap52 Cr
P/E15.50
Div Yield0.00 %
Book Value₹107.00
52w High₹77.00
52w Low₹43.00
Face Value₹10.00
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 | 38.10 | 36.87 | 34.26 | 30.44 | 37.56 | 41.04 | 35.98 | 48.07 | 44.22 | 47.32 | 35.44 | 42.12 | 33.04 |
| Expenses | 33.57 | 34.26 | 33.63 | 29.07 | 36.49 | 40.37 | 36.09 | 47.10 | 43.36 | 45.40 | 34.87 | 41.32 | 33.67 |
| Operating Profit | 4.53 | 2.61 | 0.63 | 1.37 | 1.07 | 0.67 | -0.11 | 0.97 | 0.86 | 1.92 | 0.57 | 0.80 | -0.63 |
| OPM % | 11.89 | 7.08 | 1.84 | 4.50 | 2.85 | 1.63 | -0.31 | 2.02 | 1.94 | 4.06 | 1.61 | 1.90 | -1.91 |
| Other Income | 0.52 | 0.49 | 0.39 | 0.23 | 0.10 | 0.51 | 0.57 | 0.12 | 0.15 | 0.43 | 0.08 | 0.16 | 0.22 |
| Depreciation | 1.64 | 1.71 | 1.83 | 1.75 | 1.67 | 1.70 | 1.71 | 1.68 | 1.66 | 1.69 | 1.70 | 1.70 | 1.63 |
| Interest | 0.02 | 0.03 | 0.08 | 0.13 | 0.16 | 0.35 | 0.26 | 0.29 | 0.33 | 0.31 | 0.13 | 0.28 | 0.04 |
| Profit before tax | 3.39 | 1.36 | -0.89 | -0.28 | -0.66 | -0.87 | -1.51 | -0.88 | -0.98 | 0.35 | -1.18 | -1.02 | -2.08 |
| Tax % | 16.52 | -3.68 | -20.22 | -42.86 | -6.06 | -11.49 | -2.65 | -18.18 | -13.27 | -28.57 | -22.03 | -11.76 | -10.10 |
| Net Profit | 2.83 | 1.41 | -0.71 | -0.16 | -0.62 | -0.77 | -1.47 | -0.72 | -0.85 | 0.45 | -0.92 | -0.90 | -1.88 |
| EPS in Rs | 3.27 | 1.63 | -0.82 | -0.19 | -0.72 | -0.89 | -1.70 | -0.83 | -0.98 | 0.52 | -1.06 | -1.04 | -2.18 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 139.00 | 169.00 | 158.00 | 159.00 | 213.00 | 139.00 | 164.00 | 175.00 | 169.00 | 170.00 | 0.00 |
| Expenses | 133.00 | 167.00 | 155.00 | 161.00 | 183.00 | 119.00 | 152.00 | 156.00 | 153.00 | 148.00 | 0.00 |
| Operating Profit | 6.00 | 2.00 | 3.00 | -2.00 | 30.00 | 20.00 | 12.00 | 20.00 | 16.00 | 21.00 | 0.00 |
| OPM % | 4.10 | 1.30 | 1.70 | -1.10 | 14.00 | 15.00 | 7.00 | 11.00 | 10.00 | 13.00 | — |
| Other Income | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Interest | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 | 6.00 | 8.00 | 6.00 | 6.00 | 0.00 |
| Depreciation | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 0.00 |
| Profit before tax | 0.00 | -4.00 | -4.00 | -7.00 | 24.00 | 12.00 | 2.00 | 8.00 | 6.00 | 10.00 | 0.00 |
| Tax % | -81.00 | -10.00 | -17.00 | -4.00 | 28.00 | 30.00 | 24.00 | 13.00 | 35.00 | 57.00 | — |
| Net Profit | 0.00 | -4.00 | -3.00 | -7.00 | 18.00 | 9.00 | 1.00 | 7.00 | 4.00 | 4.00 | 0.00 |
| EPS in Rs | -0.10 | -4.41 | -3.76 | -8.29 | 20.44 | 9.89 | 1.32 | 7.64 | 4.48 | — | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 6.00 | 10.00 | 0.00 | 18.00 | 31.00 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 0.05 | 0.05 |
| Reserves | 84.00 | 84.00 | 88.00 | 91.00 | 99.00 | 82.00 | 74.00 | 74.00 | 69.00 | 75.00 | 0.00 |
| Borrowings | 0.00 | 10.00 | 10.00 | 0.00 | 8.00 | 4.00 | 40.00 | 54.00 | 57.00 | 67.00 | 0.00 |
| Other Liabilities | 15.00 | 16.00 | 16.00 | 16.00 | 16.00 | 20.00 | 18.00 | 19.00 | 24.00 | 24.00 | 0.00 |
| Total Liabilities | 108.00 | 119.00 | 123.00 | 116.00 | 132.00 | 115.00 | 141.00 | 155.00 | 159.00 | 167.00 | 0.00 |
| Fixed Assets | 55.00 | 60.00 | 64.00 | 65.00 | 66.00 | 70.00 | 76.00 | 80.00 | 81.00 | 83.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 52.00 | 58.00 | 58.00 | 47.00 | 66.00 | 44.00 | 65.00 | 75.00 | 78.00 | 84.00 | 0.00 |
| Total Assets | 108.00 | 119.00 | 123.00 | 116.00 | 132.00 | 115.00 | 141.00 | 155.00 | 159.00 | 167.00 | 0.00 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 16.00 | 4.00 | -17.00 | 27.00 | -3.00 | 43.00 | 16.00 | 18.00 | 19.00 | 7.00 | 0.00 |
| Cash from Investing Activity | -1.00 | -3.00 | -3.00 | -8.00 | -1.00 | 0.00 | -1.00 | -3.00 | -5.00 | -6.00 | 0.00 |
| Cash from Financing Activity | -10.00 | -2.00 | 10.00 | -10.00 | 2.00 | -39.00 | -20.00 | -12.00 | -18.00 | 2.00 | 0.00 |
| Net Cash Flow | 5.00 | 0.00 | -10.00 | 9.00 | -2.00 | 3.00 | -4.00 | 3.00 | -3.00 | 3.00 | 0.00 |
| Free Cash Flow | 14.00 | 1.00 | -20.00 | 19.00 | -4.00 | 42.00 | 15.00 | 14.00 | 14.00 | 1.00 | 0.00 |
| CFO/OP % | 284.00 | 183.00 | -670.00 | -1,648.00 | 11.00 | 228.00 | 144.00 | 108.00 | 130.00 | 41.00 | — |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32.00 | 58.00 | 46.00 | 33.00 | 26.00 | 28.00 | 59.00 | 56.00 | 43.00 | 44.00 |
| Inventory Days | 107.00 | 72.00 | 94.00 | 43.00 | 116.00 | 108.00 | 105.00 | 123.00 | 144.00 | 154.00 |
| Days Payable | 19.00 | 17.00 | 16.00 | 14.00 | 6.00 | 29.00 | 22.00 | 23.00 | 48.00 | 33.00 |
| Cash Conversion Cycle | 120.00 | 113.00 | 123.00 | 62.00 | 136.00 | 107.00 | 141.00 | 156.00 | 139.00 | 165.00 |
| Working Capital Days | 83.00 | 68.00 | 72.00 | 49.00 | 72.00 | 52.00 | 21.00 | 8.00 | 6.00 | -11.00 |
| ROCE % | -1.00 | -3.00 | -3.00 | -7.00 | 24.00 | 14.00 | 6.00 | 11.00 | 9.00 | 23.00 |
Corporate Actions
6 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 14 Aug 2024 | — | — | — | Annual General Meeting |
| Other | 14 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 17 Aug 2022 | — | — | 1.20 | |
| Dividend | 09 Sep 2021 | — | — | 1.00 | |
| Dividend | 08 Aug 2019 | — | — | 1.40 | |
| Dividend | 14 Sep 2018 | — | — | 1.40 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update20 Jul from care
-
Rating update14 Jul 2025 from care
-
Rating update3 Sep 2024 from care
-
Rating update12 Sep 2023 from care
-
Rating update5 Aug 2022 from care
-
Rating update30 Aug 2021 from care