Manufactures terry towels as its only product line, with no other business segments. FY26 revenue was ₹113.6 crore, sharply below the ₹17,847.70 lakhs reported in FY25. Materials are the dominant cost at 68.6% of revenue, while employee costs sit at 2.5% and other operating expenses at 9.1%. The business is supported by ₹80 crore of bank facilities from Bank of Baroda, which include a ₹50 crore packing credit line typically used by export-oriented manufacturers, plus a ₹26 crore long-term loan and ₹4 crore non-fund based limit. Long-term borrowings stood at ₹1,474.18 lakhs at FY26 end. The company carries a CRISIL BBB-/Stable long-term rating and CRISIL A3 short-term rating on these facilities, has no subsidiaries, and operates with a light capex profile at 0.5% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Terry towels (100%). Single-product terry towel mill with export-linked working capital
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 262 | 177 | 129 | 178 | 114 |
| EBITDA (ex other income) | 19 | 15 | 12 | 24 | 16 |
| margin % | 7.2 | 8.7 | 9.6 | 13.4 | 14.2 |
| Owners' profit | 9 | 6 | 7 | 16 | 8 |
| EPS, as reported (₹) | 7.02 | 4.80 | 5.83 | 10.02 | 5.32 |
| ROE % · ROCE % | 17.7 · 19.1 | 10.8 · 14.1 | 11.6 · 17.1 | 18.5 · 25.4 | 8.9 · 13.1 |
| Debt / equity (x) | 1.59 | 1.25 | 1.18 | 0.74 | 0.59 |
| Cash from operations | (1) | 45 | 10 | 12 | 29 |
| Capex | (11) | (10) | (2) | (2) | (1) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 50 | 44 | 43 | 41 | 40 | 29 | 19 | 26 |
| Profit before tax | 6 | 9 | 4 | 2 | 6 | 3 | 1 | 1 |
| Net profit | 5 | 7 | 3 | 2 | 5 | 2 | 1 | 1 |
| EPS (₹) | 5.84 | 4.27 | 2.06 | 0.96 | 2.91 | 1.14 | 0.35 | 0.93 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,974 | 41.6 | 6.66 | 27.5 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 19,663 | 71.5 | 3.95 | 25.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 16,368 | 19.0 | 1.55 | 12.4 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,965 | 30.1 | 2.51 | 14.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · Ashnoor Textile Mills FY26 Annual Report, 43rd AGM on Sep 29; no dividend | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Ashnoor Textile Q1 FY27 PAT up over 6x to Rs 9.91 cr, revenue grows 33% | results | medium | — | — |
| 30 Jul 2026 · Ashnoor Textile Mills board meeting on Aug 12 for Q1 FY27 results | results | low | — | — |
| 15 Jul 2026 · Trading window closed for Q1 results | compliance | minimal | — | — |
| 25 May 2026 · Annual Secretarial Compliance Report as per REgulation 24 A of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 | compliance | minimal | — | — |
| 25 May 2026 · Stanalone Financial Results for the 4th (Quarter) and Financial year ended March 31, 2026, along-with declaration regarding audit report with unmodified opinion and Limited audit Review Report. | results | high | — | — |
| 15 May 2026 · Ashnoor Textile Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve To Consider Audited Financial .... | results | low | — | — |
| 13 Apr 2026 · Intimation under Regulation 30 of the Securities Exchange Board of india (Lisitng Obligations and Disclosure Requirements) Regulation -2015 in respect of Revised Credit Rating. | credit debt | medium | — | — |
| 1 Apr 2026 · Intimation of Closure of Trading Window for the Ended of 4th Quarter and Finanaical year ended 2025-2026 | compliance | minimal | — | — |
| 11 Feb 2026 · unaudited Financial result for the third quarter ended dec 2025 along with limited audit review report is attached. |
| INDO COUNT INDUSTRIES LTD |
| 8,757 |
| 58.0 |
| 3.72 |
| 21.1 |
| 5.4 |
| 5.4 |
| 10.5 |
| 13.3 |
| GARWARE TECH FIBRES LTD | 7,675 | 37.1 | 5.67 | 24.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| JINDAL WORLDWIDE LTD | 5,314 | 63.1 | 6.17 | 40.6 | 8.1 | 9.0 | 6.1 | 8.7 |
| RAYMOND LIFESTYLE LIMITED | 4,213 | 97.2 | 0.44 | 7.7 | 0.5 | 0.7 | — | 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.2 | 14.8 | 61 of 205 | 71% |
| P/B | 0.8 | 1.3 | 62 of 183 | 66% |
| ROCE | 9.4 | 4.2 | 62 of 227 | 73% |
| ROE | 8.9 | 4.8 | 69 of 214 | 68% |
| Debt / Equity | 0.6 | 0.3 | 139 of 214 | 35% |
| EBITDA margin | 7.3 | 9.8 | 125 of 198 | 37% |
| Revenue growth | (37.4) | 6.9 | 173 of 192 | 10% |
| Profit growth | (3.9) | 20.0 | 127 of 203 | 38% |
| Market cap | 78 | 63 | 105 of 221 | 53% |
| results |
| high |
| — |
| — |
| 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 |
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.
