Companies›Consumer Discretionary›Textiles›Textiles & Apparels
NSE:SALONA

SALONA COTSPIN LTD.

Textiles › Textiles & Apparels
₹253.55
at close · 28 Oct 2026
▲ 5.55 (+2.24%)

Latest filings

  1. Quarterly demat compliance certificate filed for July-September 2026 quarter · Compliance
  2. Salona Cotspin files 32nd AGM proceedings with NSE · Board & Shareholder Meetings
  3. 32nd AGM results: all 9 resolutions passed; dividend of Rs 0.60 per share confirmed · Compliance
All filings ↓
Ask Nexa about SALONA COTSPIN LTD.

Snapshot

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

AI · written from filings

Operates a textile spinning business based in Coimbatore, Tamil Nadu, generating Rs. 593.8 crore of revenue in FY26. The cost structure shows materials at 28% of revenue, employee costs at 3.4%, other operating expenses at 8.2%, and depreciation at 1.7%, with capex at 1.9% of revenue. EBITDA margin stood at 5.87% in FY26, with net profit of Rs. 1.56 crore. FY26 revenue declined from Rs. 66,215.64 lakh in FY25 to Rs. 59,381.62 lakh, and net profit fell from Rs. 313.31 lakh to Rs. 156.14 lakh, with Q4 FY26 showing a net loss of Rs. 136.53 lakh. The board is drawn from two related promoter families, Agarwala and Jhajharia, with Mr. Manoj Kumar Jhajharia re-designated as Managing Director and Mr. Shyam Lal Agarwala as Chairman and Director effective July 1, 2026. For FY26, the board recommended a dividend of Rs. 0.60 per equity share, 6% on face value of Rs. 10.

Operating scale
Headquarters
Coimbatore, Tamil Nadu
Listed on
NSE (SALONA), BSE
FY26 revenue
Rs. 593.8 croreFY26
FY26 total assets
Rs. 304.25 croreFY26
FY26 EBITDA margin
5.87%FY26
FY26 recommended dividend
Rs. 0.60 per share (6%)FY26
Who pays it
End-market customers are not specified in the available filings; yarn spinning typically serves fabric weavers, knitters and garment manufacturers.
Biggest cost
Materials at 28% of revenue in FY26, the largest single input cost category disclosed.
Kind of business
Cyclical textile spinning with modest depreciation intensity (1.7% of revenue).
Where it sits
Coimbatore, Tamil Nadu-based textile spinner listed on NSE and BSE, classified under Other Textile Products in the Textiles & Apparels industry.
Market Cap
₹133 Cr
P / E (TTM)
38.0×
EV / EBITDA
9.0×
Div Yield
0.39%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
16.7%▲
ROCE (FY26)
ROE 1.9% · margin 5.9%
Leverage
2.26·
Debt / Equity · high
Net debt ₹190 Cr
Revenue FY17→FY26
14.6×▲
Margin −0.7 pts
₹41 Cr → ₹594 Cr
Cash conversion
4.44×▲
Operating cash ÷ profit · 4 yrs
₹126 Cr on ₹28 Cr
Moves on a normal day
1.19%·
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)#136/179
P/B#116/185
ROCE#119/215
ROE#121/188
Debt / Equity#178/188
EBITDA margin#136/198
Revenue growth#49/192
Profit growth#81/203

Scorecard

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

Strengths
Over 4 years it reported ₹28 Cr of profit and ₹126 Cr of operating cash — 4.44×
Profit is converting into cash
Pays out 34% of profit as dividend
Concerns
Carries more debt than its peers — 2.26× equity
higher than 95% of its 188 Other Textile Products peers

Charts

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

SALONA · price

Loading chart…

▲ 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?

Loading peers…

Financials

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

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from SALONA COTSPIN LTD.'s filed financials and exchange disclosures

What does SALONA COTSPIN LTD. do?

SALONA COTSPIN LTD. is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol SALONA.

Is SALONA COTSPIN LTD. profitable?

Yes. Over the trailing twelve months SALONA COTSPIN LTD. reported a net profit of ₹2.29 Cr on revenue of ₹633 Cr.

Does SALONA COTSPIN LTD. pay a dividend?

Yes. The dividend yield is 0.39% at the current price. It paid out 34% of its profit as dividend in FY26.

Is SALONA COTSPIN LTD. debt-free?

No. It reported borrowings of ₹190 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹190 Cr after cash. Debt stands at 2.26× equity. That is higher than 95% of its 188 Other Textile Products peers.

Is SALONA COTSPIN LTD. expensive compared with its peers?

On trailing P/E, SALONA COTSPIN LTD. ranks 136 of 179 in Other Textile Products — cheaper than 24% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the SALONA COTSPIN LTD. share price move in a day?

On a typical session SALONA COTSPIN LTD. moves 1.19% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SALONA COTSPIN LTD.'s announcements?

Every NSE and BSE filing by SALONA COTSPIN 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.