BSE: 540198
OSIAJEE TEXFAB LIMITED
Diversified from textiles into agro-forestry and real estate, with the textile division no longer contributing revenue as of FY26 per the company's own disclosure. The consolidated business runs through wholly-owned subsidiary Osiajee Agro Farms, which cultivates Eucalyptus and Poplar for plywood and timber. In February 2026, shareholders approved expanding the Memorandum of Association to add new business objects including buying, selling and developing land and immovable property for residential and commercial use, real estate trading, and interior decoration and design services. The board has proposed renaming the company Osiajee Real Estate Limited, subject to shareholder approval via postal ballot. On a consolidated basis for FY26, revenue from operations stood at Rs 648.94 lakh and net profit at Rs 554.75 lakh, yielding an EPS of Rs 10.27. The company reports a single segment. Cost shape shows zero materials as a share of revenue, with employees at 6.4%, other operating expenses at 11.8%, depreciation at 0.5%, and capex at 67.5% of revenue. A proposed preferential issue of up to 50 lakh warrants was withdrawn in February 2026 due to unfavorable market conditions and absence of BSE in-principle approval. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Agro-forestry, Real estate, Textiles (legacy). Small-cap listed entity pivoting from textiles to real estate, with an agro-forestry subsidiary
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3 | 2 | 2 | 7 | 6 |
| EBITDA (ex other income) | 1 | 1 | 1 | 5 | 5 |
| margin % | 21.5 | 46.7 | 47.6 | 70.8 | 81.7 |
| Owners' profit | 0 | 0 | 0 | 0 | 6 |
| EPS, as reported (₹) | 1.31 | 2.07 | 2.15 | 9.26 | 10.27 |
| ROE % · ROCE % | 9.1 · 9.2 | 12.7 · 12.8 | 11.7 · 9.2 | 33.4 · 30.3 | 27.0 · 24.3 |
| Debt / equity (x) | 0.02 | 0.32 | 0.61 | 0.13 | 0.27 |
| Cash from operations | (2) | 2 | 0 | 6 | 4 |
| Capex | 0 | (4) | 0 | 0 | (4) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 1 | 5 | 1 | 2 | 1 | 3 |
| Profit before tax | 0 | 0 | 1 | 4 | 0 | 2 | 1 | 3 |
| Net profit | 0 | 0 | 1 | 4 | 0 | 2 | 1 | 3 |
| EPS (₹) | 0.24 | 0.07 | 0.16 | 6.71 | 0.73 | 0.31 | 0.16 | 4.75 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,325 | 40.9 | 6.55 | 27.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,367 | 74.1 | 4.09 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,669 | 17.0 | 1.39 | 11.3 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 10,870 | 27.4 | 2.28 | 13.4 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,471 | 56.1 | 3.60 | 20.4 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,310 | 35.3 | 5.40 | 22.9 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,207 | 22.0 | 2.80 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,178 | 68.8 | 2.23 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 33.6 | 16.8 | 128 of 179 | 29% |
| P/B | 5.3 | 1.1 | 170 of 185 | 8% |
| ROCE | 22.8 | 4.3 | 11 of 215 | 95% |
| ROE | 27.0 | 4.7 | 7 of 188 | 97% |
| Debt / Equity | 0.3 | 0.4 | 80 of 188 | 58% |
| EBITDA margin | 96.1 | 9.8 | 5 of 198 | 98% |
| Revenue growth | (42.7) | 6.9 | 179 of 192 | 7% |
| Profit growth | (29.3) | 20.0 | 148 of 203 | 27% |
| Market cap | 108 | 61 | 86 of 223 | 62% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Quarterly compliance certificate for dematerialisation filed with BSE | compliance | minimal | — | — |
| 30 Sept 2026 · Scrutinizer Report Along with Voting Results of AGM held on 29th September,2026 at 4 pm | board shareholder meetings | low | — | — |
| 29 Sept 2026 · 31st AGM held; stock split 10:1 approved; new directors appointed | board shareholder meetings | medium | — | — |
| 23 Sept 2026 · Trading window closed from 1 Oct 2026 until Q2 FY26 results announcement | compliance | minimal | — | — |
| 5 Sept 2026 · Osiajee Texfab publishes AGM notice in newspapers for 31st AGM | compliance | minimal | — | — |
| 4 Sept 2026 · FY2025-26 annual report sets AGM and 10 new shares for each existing share | board shareholder meetings | low | — | — |
| 4 Sept 2026 · AGM on Sep 29, 2026; stock split (1:10) and key appointments on agenda | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Newspaper ad for 31st AGM on Sept 29, 2026 via video conferencing | compliance | minimal | — | — |
| 24 Aug 2026 · Osiajee Texfab reshuffles board: 3 independent directors resign, 3 new ones join | management changes | medium | — | — |
| 24 Aug 2026 · Three independent directors resign, three new ones appointed at Osiajee Texfab | management changes | medium | — | — |
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.