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GEM SPINNERS INDIA LTD.

Textiles › Textiles & Apparels
₹3.82
at close · 28 Oct 2026
▼ 0.20 (-4.98%)

Latest filings

  1. Compliance Certificate for Dematerialisation of Securities · Compliance
  2. Gem Spinners 36th AGM proceedings filed late, company explains delay · Compliance
  3. AGM 2026: 3 resolutions passed; RPT saw 1.96 crore shares abstaining · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and exports cotton yarn through two reported segments — a Mill operation and a Trading activity — with a registered office in Kancheepuram, Tamil Nadu and a corporate office in Chennai. Operations have been suspended, and the company has reported zero revenue from operations across FY25, FY26 and every interim quarter in that span, citing market volatility and uneconomical export prices. The board states accounts are prepared on a going-concern basis and that directors are exploring options to recommence production subject to viability. During the suspension, reported costs are limited to overheads — employee costs of Rs. 12.68 lakh and depreciation of Rs. 15.60 lakh made up the bulk of FY26 total expenses of Rs. 40.98 lakh, with no cost of materials or purchases booked. The balance sheet shows total assets of Rs. 678.44 lakh as of September 2025 against shareholder funds of Rs. -248.16 lakh, reflecting accumulated losses of Rs. 3,316.76 lakh against share capital of Rs. 3,068.60 lakh, and cash and bank balances of just Rs. 1.48 lakh. FY26 closed with a net loss of Rs. 40.98 lakh, narrower than the Rs. 65.94 lakh loss in FY25.

Operating scale
Revenue from operations
Zero (FY25 and FY26, including all interim quarters)FY25–FY26
Segments
Mill and TradingFY26
Net loss
Rs. 40.98 lakhFY26
Total expenses
Rs. 40.98 lakh (employee costs Rs. 12.68 lakh; depreciation Rs. 15.60 lakh)FY26
Shareholder funds
Rs. -248.16 lakhAs of 30 Sep 2025
Accumulated losses
Rs. 3,316.76 lakhAs of 30 Sep 2025
Who pays it
Buyers of cotton yarn for export and domestic use; no active customers while operations are suspended
Biggest cost
Employee costs and depreciation, with no material or purchase costs while operations are suspended
Kind of business
Dormant textile spinner with suspended operations, zero revenue and negative net worth
Where it sits
BSE-listed cotton yarn manufacturer and exporter based in Kancheepuram/Chennai, Tamil Nadu, with operations suspended and going-concern accounts
Market Cap
₹23 Cr
P / E (TTM)
63.7×
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
n/m·
ROCE · capital employed below zero
ROE n/m · margin —
Leverage
n/m·
Debt / Equity · negative net worth
Net cash ₹0.04 Cr
Moves on a normal day
3.65%·
Median daily move
Last 72 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#152/179
Profit growth#109/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Erratic profits — up in only 2 of the last 5 years
Negative net worth — liabilities exceed assets by ₹2.66 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GEM SPINNERS INDIA LTD.'s filed financials and exchange disclosures

What does GEM SPINNERS INDIA LTD. do?

GEM SPINNERS INDIA LTD. is a Textiles & Apparels company listed on BSE.

Is GEM SPINNERS INDIA LTD. profitable?

No. Over the trailing twelve months GEM SPINNERS INDIA LTD. reported a net loss of ₹0.39 Cr with no revenue reported.

Does GEM SPINNERS INDIA LTD. pay a dividend?

Not in the latest reported year — GEM SPINNERS INDIA LTD.'s dividend payout for FY26 was nil.

Is GEM SPINNERS INDIA LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹0.04 Cr of cash. Its net worth is negative — liabilities exceed assets by ₹2.66 Cr, so a debt-to-equity ratio is not meaningful.

Is GEM SPINNERS INDIA LTD. expensive compared with its peers?

On trailing P/E, GEM SPINNERS INDIA LTD. ranks 152 of 179 in Other Textile Products — cheaper than 15% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the GEM SPINNERS INDIA LTD. share price move in a day?

On a typical session GEM SPINNERS INDIA LTD. moves 3.65% — that is the median absolute close-to-close move across its last 72 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GEM SPINNERS INDIA LTD.'s announcements?

Every NSE and BSE filing by GEM SPINNERS INDIA LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.