Spins cotton yarn and generates solar power, but the spinning business has been substantially non-operational for a prolonged period. For FY26, revenue from operations was Rs 2.79 crore, down from Rs 5.12 crore in FY25, with the cotton yarn segment recording zero sales in Q2 FY26 and only Rs 0.52 crore in Q3 FY26. The cotton yarn segment generated Rs 0.92 crore of revenue in the year ended March 2026, while solar power generation contributed Rs 0.06 crore over the same period. The company reported a net loss of Rs 2.16 crore in FY26 against a loss of Rs 1.73 crore in the previous year, and the auditor flagged a material uncertainty related to going concern due to accumulated losses and non-operational manufacturing activities. Depreciation at 46.9% of revenue reflects the heavy asset base (total assets of Rs 118.74 crore) sitting largely idle, with net worth down to Rs 56.27 lakh. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Cotton Yarn, Solar Power Generation. Asset-heavy, loss-making textile spinner with operations largely suspended
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
| ₹ crore | Q1 FY27 |
|---|---|
| Revenue | 1 |
| Profit before tax | (0) |
| Net profit | (0) |
| EPS (₹) | 0.80 |
| 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 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Sept 2026 · Katare Spinning Mills publishes 46th AGM notice in newspapers | compliance | minimal | — | — |
| 31 Aug 2026 · Katare Spinning Mills files FY26 annual report; auditor replaced mid-term | results | medium | — | — |
| 31 Aug 2026 · Book closure for 46th AGM from Sep 19 to Sep 26, 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Book closure from 19 to 26 Sept 2026 for 46th AGM | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Katare Spinning Mills 46th AGM notice on Sept 26, 2026 | board shareholder meetings | low | — | — |
| 21 Aug 2026 · New auditor appointed, company to enter battery energy storage business | management changes | medium | — | — |
| 21 Aug 2026 · New auditor appointed after resignation; company to enter battery energy storage business | management changes | medium | — | — |
| 11 Aug 2026 · Q1 FY27 results: Loss narrows to Rs 22.80L; revenue up about 10% YoY | results | high | — | — |
| 5 Aug 2026 · Board meeting on 11 Aug 2026 to approve Q1 FY27 results | results | low | — | — |
| 15 Jul 2026 · RTA files quarterly dematerialisation compliance certificate for Q1 FY27 | compliance | minimal | — | — |
| 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 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 123.2 | 14.8 | 195 of 205 | 5% |
| EBITDA margin | 13.6 | 9.8 | 60 of 198 | 70% |
| Market cap | 28 | 63 | 153 of 221 | 31% |
| 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.
