Operates in two segments: a Textile division (based at Palsana, Surat) that has already been shut down and whose plant, machinery and factory land/building are being sold off as scrap, and a Wind farm segment that continues to generate small amounts of revenue. FY26 total income was Rs. 13.93 lakhs, down from Rs. 30.29 lakhs in FY25, while quarterly revenue is effectively nil (Rs. 1.13 lakhs in Q3 FY26). The company reported a net profit of Rs. 636.63 lakhs for FY26, but this was almost entirely due to an exceptional gain of Rs. 1,022.52 lakhs from the sale of fixed assets and investments, not from operating activity; operating loss before exceptional items was Rs. 385.89 lakhs. Quarterly P&Ls show finance costs of Rs. 259.82 lakhs in Q3 alone, far exceeding operating revenue. The statutory auditor issued a qualified opinion and flagged serious doubts about the company's ability to continue as a going concern, citing Rs. 1,153.37 crores of unpaid interest on secured creditor loans accruing since 2001 that has not been provided for. The company's Corporate Identification Number was changed in July 2026 to L68100GJ1983PLC006574, indicating a reclassification of its objects clause. Equity share capital is Rs. 423.54 lakhs and net worth is negative at Rs. 2,684.64 lakhs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile, Wind farm, Unallocated. Small, distressed former textile manufacturer in wind-down, with a residual wind farm business, asset-sale-driven reported profits, negative net worth and auditor-flagged going concern doubts.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | 10 |
| margin % | (10.0) | (20.5) | (136.0) | (264.5) | 113086.0 |
| Owners' profit | (0) | (0) | (0) | (0) | 6 |
| EPS, as reported (₹) | (0.37) | (0.58) | (0.85) | 0.47 | 15.03 |
| ROE % · ROCE % | 0.5 · 0.5 | 0.7 · 0.7 | 1.1 · 1.1 | 0.6 · 0.6 | (23.7) · (36.6) |
| Debt / equity (x) | (1.07) | (1.06) | (1.05) | (1.04) | (1.05) |
| Cash from operations | 0 | (0) | (0) | (1) | (5) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | 0 | (0) | (0) | (0) | 10 | (3) | (1) |
| Net profit | (0) | 0 | (0) | (0) | (0) | 10 | (3) | (1) |
| EPS (₹) | (0.26) | 0.06 | (0.20) | 0.08 | 0.16 | 23.69 | 6.31 | 2.18 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Textile | 0 | 83.2 |
| Unallocated | 0 | 45.8 |
| Total, before eliminations | 0 | 100.0 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Corrigendum to 43rd AGM Notice - Shareholding data revised | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Prashant India publishes 43rd AGM notice in newspapers | compliance | minimal | — | — |
| 3 Sept 2026 · Prashant India submits 43rd Annual Report for FY 2025-26 | compliance | low | — | — |
| 3 Sept 2026 · Notice of 43rd AGM on September 26, 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · E-voting period announced for 43rd AGM on 26 September 2026 | compliance | minimal | — | — |
| 31 Aug 2026 · Newspaper notice published for 43rd AGM and shareholder email registration | compliance | minimal | — | — |
| 29 Aug 2026 · Board approves Director's Report, appoints new director, sets AGM date | management changes | medium | — | — |
| 29 Aug 2026 · Board approves Director's Report, new director; 43rd AGM on 26 Sep | management changes | medium | — | — |
| 25 Aug 2026 · Board meeting rescheduled from Aug 26 to Aug 29, 2026 | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Board meeting on 26 Aug 2026 to approve Director's Report and AGM notice | board shareholder meetings | low | — | — |
| 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 |
| 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 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 0.5 | 14.8 | 5 of 205 | 98% |
| ROCE | (23.7) | 4.2 | 217 of 227 | 4% |
| ROE | (23.7) | 4.8 | 207 of 214 | 3% |
| Debt / Equity | (1.1) | 0.3 | 14 of 214 | 94% |
| Revenue growth | (100.0) | 6.9 | 186 of 192 | 0% |
| Profit growth | (2666.5) | 20.0 | 202 of 203 | 1% |
| Market cap | 6 | 63 | 215 of 221 | 3% |
| 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.
