BSE: 521141
ADITYA SPINNERS LTD.
Operates a textile spinning business classified under 'Other Textile Products', headquartered in Hyderabad and listed on BSE (scrip code 521141). FY26 revenue from operations was Rs 63.51 crore, against a profit after tax of Rs 31.46 lakhs, recovering from a restated loss of Rs 336.68 lakhs in FY25. Capex was Rs 1.16 crore (1.8% of revenue) and depreciation Rs 2.65 crore (4.2% of revenue). An exceptional FPPCA (Fuel and Power Purchase Cost Adjustment) item of Rs 209.18 lakhs was recorded in the FY26 results. The pack does not disclose specific yarn counts, plant capacities, customer segments or geographic split, so the exact product mix and end markets cannot be described from the facts available. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Textile spinning. Small, labour- and input-intensive textile spinner with thin margins
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 64 | 69 | 61 | 62 | 64 |
| EBITDA (ex other income) | 7 | 7 | 4 | 1 | 2 |
| margin % | 10.7 | 10.4 | 7.2 | 2.4 | 3.6 |
| Owners' profit | 3 | 4 | 2 | (2) | 0 |
| EPS, as reported (₹) | 2.03 | 2.40 | 1.11 | (1.09) | 0.19 |
| ROE % · ROCE % | 11.6 · 11.8 | 8.2 · 8.5 | 3.8 · 5.9 | (3.9) · (1.3) | 0.7 · 0.5 |
| Debt / equity (x) | 0.60 | 0.43 | 0.32 | 0.31 | 0.36 |
| Cash from operations | 6 | 6 | 9 | 2 | 3 |
| Capex | (0) | (6) | (1) | (0) | (1) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 17 | 14 | 16 | 17 | 16 | 14 | 13 |
| Profit before tax | (1) | (1) | (0) | (1) | (0) | (1) | 0 | (1) |
| Net profit | (1) | (0) | (0) | (1) | (0) | (1) | 1 | (1) |
| EPS (₹) | (0.38) | (0.23) | (0.12) | (0.58) | (0.10) | (0.01) | 0.88 | (0.42) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 35,410 | 38.8 | 6.21 | 25.6 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,311 | 73.9 | 4.08 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,333 | 16.6 | 1.35 | 11.0 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,018 | 27.7 | 2.31 | 13.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,338 | 55.3 | 3.54 | 20.1 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,621 | 36.8 | 5.63 | 23.8 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,197 | 22.0 | 2.79 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,161 | 68.6 | 2.22 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 40.0 | 16.5 | 138 of 179 | 23% |
| P/B | 0.5 | 1.1 | 35 of 185 | 79% |
| ROCE | (2.3) | 4.3 | 183 of 215 | 15% |
| ROE | 0.7 | 4.7 | 140 of 188 | 26% |
| Debt / Equity | 0.4 | 0.4 | 89 of 188 | 53% |
| EBITDA margin | 2.6 | 9.8 | 156 of 198 | 21% |
| Revenue growth | (19.3) | 6.9 | 161 of 192 | 16% |
| Profit growth | 26.9 | 20.0 | 95 of 203 | 54% |
| Market cap | 23 | 59 | 164 of 223 | 27% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · Routine SEBI compliance certificate for Q2 FY26 dematerialisation | compliance | minimal | — | — |
| 14 Oct 2026 · Company Secretary and Compliance Officer resigns | management changes | medium | — | — |
| 1 Oct 2026 · Trading window closed from Oct 1 2026 till Q2 results declaration | compliance | minimal | — | — |
| 18 Aug 2026 · Aditya Spinners 34th AGM: All 3 resolutions passed with 100 percent votes | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Aditya Spinners re-appoints Independent Director for second five-year term | management changes | medium | — | — |
| 17 Aug 2026 · Aditya Spinners 34th AGM held on 17 Aug 2026; 3 resolutions passed | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Q1 FY27 results filed; auditor review clean, no debt defaults | results | high | — | — |
| 14 Aug 2026 · Board approves Q1 results, CFO P Ramamoorthy resigns | management changes | high | — | — |
| 17 Jul 2026 · Newspaper publication of 34th AGM notice, e-voting and book closure | compliance | minimal | — | — |
| 16 Jul 2026 · Record date fixed for 34th AGM on 17 Aug 2026 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.