NSE: EUROTEXIND · BSE: 521014
EUROTEX IND & EXPORTS LTD
Operates in two reported segments — a textiles (yarn) business and real estate development. Manufacturing plants at Kolhapur were closed in March 2019, with formal closure announced in March 2022, and the auditor's report on FY26 results flags this as a discontinued operation. In FY26, the textiles (yarn) segment accounted for 100% of segment revenue at Rs 0.1083 crore, while real estate development contributed Rs 0. Real estate last generated revenue in the quarter ended March 2025 (Rs 0.9157 crore). The cost structure shows materials at 0% of revenue, with employee costs at 2059.6%, other operating expenses at 2136.7%, depreciation at 640.9%, and capex at 45.9% of revenue. The auditor raised material uncertainty on going concern, citing cash losses and eroded net worth. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile (yarn segment) (100%), Real Estate Development (0%). Manufacturing discontinued since 2019/2022; FY26 segment revenue near zero; auditor raised going concern uncertainty
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 6 | 1 | 1 | 0 |
| EBITDA (ex other income) | (7) | 0 | (4) | (4) | (4) |
| margin % | (327.4) | 4.0 | (589.2) | (357.6) | (4096.4) |
| Owners' profit | (12) | (3) | (7) | (2) | (1) |
| EPS, as reported (₹) | (13.37) | (2.93) | (7.47) | (1.99) | (0.91) |
| ROE % · ROCE % | 70.9 · 259.7 | 13.1 · 10.3 | 24.7 · 30.9 | 6.1 · 3.5 | 3.0 · (0.3) |
| Debt / equity (x) | (2.31) | (1.95) | (1.44) | (1.33) | (1.33) |
| Cash from operations | (7) | 1 | (1) | (2) | (3) |
| Capex | (0) | (0) | (0) | (0) | (0) |
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 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (2) | (1) | 1 | (1) | 2 | (1) | (1) | (1) |
| Net profit | (2) | (1) | 2 | (1) | 2 | (1) | (1) | (1) |
| EPS (₹) | (1.74) | (0.88) | 1.90 | (0.99) | 2.33 | (1.18) | (1.06) | (1.50) |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Textile (yarn segment) | 0 | 5.2 |
| Textiles (yarn Segment) | 0 | 16.4 |
| Textile (yarn Segment) | 0 | 37.5 |
| Textiles (yarn segment) | 0 | 40.9 |
| Total, before eliminations | 0 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,64,917 | 37.1 | 3.63 | 49.7 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,01,079 | 24.5 | 4.31 | 20.2 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 67,952 | 53.1 | 4.75 | 26.3 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 59,932 | 52.6 | 3.58 | 17.4 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 58,212 | 19.1 | 3.25 | 16.8 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 47,804 | 29.9 | 2.47 | 22.0 | 9.5 | 11.4 | 46.3 | 107.7 |
| BRIGADE ENTER. LTD | 17,613 | 20.5 | 2.34 | 13.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| ANANT RAJ LIMITED | 16,622 | 28.0 | 2.86 | 22.6 | 9.6 | 10.2 | 58.7 | 32.1 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | 12.9 | 6.4 | 18 of 66 | 74% |
| EBITDA margin | (3362.2) | 29.6 | 65 of 66 | 2% |
| Revenue growth | (58.2) | 12.8 | 62 of 67 | 8% |
| Profit growth | (50.8) | 7.5 | 54 of 66 | 19% |
| Market cap | 10 | 1781 | 67 of 67 | 0% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 19 Oct 2026 · Corporate governance compliance report filed for Q2 FY27; company falls below SEBI threshold | compliance | minimal | — | — |
| 14 Oct 2026 · Quarterly compliance certificate filed with stock exchanges | compliance | minimal | — | — |
| 6 Oct 2026 · Eurotex clarifies on price movement: no undisclosed information | regulatory legal | low | — | — |
| 5 Oct 2026 · BSE seeks clarification from Eurotex on price movement | regulatory legal | high | — | — |
| 3 Oct 2026 · Postal Ballot Notice dispatched; e-voting from 5 Oct to 3 Nov 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · Postal Ballot: Approval to sell or lease undertaking up to Rs 39 Cr | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading Window Closure Ahead of Q2 FY27 Results | compliance | minimal | — | — |
| 18 Sept 2026 · 40th AGM voting results: all 5 resolutions passed with 99.99% majority | board shareholder meetings | low | — | — |
| 18 Sept 2026 · 40th AGM concluded: all 5 resolutions passed, audit reports clean | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Letter to shareholders without registered email IDs for Annual Report 2025-26 access | compliance | minimal | — | — |
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.