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Kush Industries Limited

Textiles › Textiles & Apparels
₹5.45
at close · 28 Oct 2026
▼ 0.03 (-0.55%)

Latest filings

Next results: Sat, 31 Oct · Financial Results
  1. Board meeting on Oct 31 to approve Q2 FY27 results · Results
  2. Routine compliance filing: RTA certificate for Q2 FY27 dematerialisation · Compliance
  3. Registered Office shifted from Ankleshwar to Ahmedabad · General
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

Operates in the textiles and ceramics sectors, with Textiles accounting for 100% of segment revenue based on the most recent segment disclosure (period ended March 2021) and Ceramics at zero. Revenue from operations has been negligible — FY26 revenue from operations stood at Rs 0.92 lakh with a net loss of Rs 4.91 lakh, and the company reported zero revenue from operations in Q3 FY26. Materials accounted for 95.8% of revenue in FY26. The balance sheet is under stress, with negative total equity of Rs 728.93 lakh against share capital of Rs 1,484.68 lakh, current borrowings of Rs 892.50 lakh, and cash reserves of Rs 35.91 lakh (down from Rs 97.87 lakh). Operating cash flow was negative at Rs 16.80 lakh for FY26. The entity, formerly SNS Textiles, is shifting its registered office from Ankleshwar to Ahmedabad and has appointed new secretarial auditors.

Revenue mix · reported segments
Textiles100.0%
Ceramics0.0%
Operating scale
FY26 revenue from operations
Rs 0.92 lakhFY26
FY26 net loss
Rs 4.91 lakhFY26
Negative total equity
Rs 728.93 lakhFY26
Current borrowings
Rs 892.50 lakhFY26
Cash and equivalents
Rs 35.91 lakh (down from Rs 97.87 lakh)FY26
Operating cash flow
Negative Rs 16.80 lakhFY26
Biggest cost
Materials at 95.8% of revenue (FY26)
Kind of business
Dormant or near-dormant textile entity with deeply negative net worth and recurring losses
Where it sits
Listed on BSE under Textiles & Apparels (Other Textile Products); previously known as SNS Textiles
Market Cap
₹8 Cr
P / E (TTM)
49.5×
EV / EBITDA
—
Div Yield
—
Growth
-38.7%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
0.7%·
ROCE (5y median)
ROE n/m · margin -2037.5%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹8.77 Cr
Revenue FY21→FY26
0.1×▼
Margin −981.1 pts
₹0 Cr → ₹0 Cr
Cash conversion
-0.07×▼
Operating cash ÷ profit · 5 yrs
₹-0 Cr on ₹4 Cr
Moves on a normal day
1.79%·
Median daily move
Last 267 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)#144/179
ROCE#157/215
EBITDA margin#4/198
Revenue growth#18/192
Profit growth#45/203

Scorecard

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

Strengths
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Revenue shrinking over 5 years (−39% a year)
Returns on capital 0.7% (5-year median)
#157 of 215 in Other Textile Products on the latest reported figures
Negative net worth — liabilities exceed assets by ₹7.29 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity
Over 5 years it reported ₹4.50 Cr of profit and an operating cash outflow of ₹0.32 Cr — -0.07×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 1086 → 14250 days of receivables
FY21 → FY26

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 Kush Industries Limited's filed financials and exchange disclosures

What does Kush Industries Limited do?

Kush Industries Limited is a Textiles & Apparels company listed on BSE.

Is Kush Industries Limited profitable?

No. Over the trailing twelve months Kush Industries Limited reported a net loss of ₹0.02 Cr with no revenue reported.

Does Kush Industries Limited pay a dividend?

Not in the latest reported year — Kush Industries Limited's dividend payout for FY26 was nil.

Is Kush Industries Limited debt-free?

No. It reported borrowings of ₹8.93 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹8.77 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹7.29 Cr, so a debt-to-equity ratio is not meaningful.

Is Kush Industries Limited expensive compared with its peers?

On trailing P/E, Kush Industries Limited ranks 144 of 179 in Other Textile Products — cheaper than 20% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the Kush Industries Limited share price move in a day?

On a typical session Kush Industries Limited moves 1.79% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are Kush Industries Limited's next results?

Financial Results on Sat, 31 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track Kush Industries Limited's announcements?

Every NSE and BSE filing by Kush Industries Limited 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.