Trades in textile products, earning revenue from the sale of traded textile goods. FY26 revenue from operations was ₹318.53 lakh, nearly doubling from ₹167.35 lakh in FY25, but the cost of goods sold of ₹310.11 lakh left a very thin gross spread on each sale. Profit after tax fell 42% to ₹19.02 lakh from ₹32.96 lakh in FY25, with the company posting a standalone loss of ₹6.81 lakh in Q4 FY26. Employee costs were 8.4% of revenue and other operating expenses 4.1%, yielding an EBITDA margin of 6.2%. The business sits on total assets of ₹37.95 crore, while operating cash flow for FY26 turned negative at ₹229.33 lakh, largely on a ₹200 lakh build-up of financial assets. Other comprehensive income recorded a large negative swing of ₹1,867.59 lakh from remeasurement of investments, leaving total comprehensive income deeply negative for the year. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Trading of textile products (100%). Small, low-margin textile trading business with non-operating investment exposure
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 4 | 1 | 2 | 3 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | (24.9) | (6.9) | (20.0) | (19.3) | (9.9) |
| Owners' profit | 0 | 1 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.17 | 1.38 | 0.51 | 0.66 | 0.38 |
| ROE % · ROCE % | 0.2 · 0.2 | 1.7 · 1.5 | 0.4 · 0.5 | 0.6 · 0.7 | 0.6 · 0.5 |
| Debt / equity (x) | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (1) | 0 | (1) | (0) | (2) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 2 | 0 | 0 | 2 | 1 | 2 |
| Profit before tax | 0 | 0 | (0) | (0) | 0 | 0 | (0) | (0) |
| Net profit | 0 | 0 | (0) | (0) | 0 | 0 | (0) | (0) |
| EPS (₹) | 0.48 | 0.32 | 0.03 | 0.15 | 0.39 | 0.28 | 0.14 | 0.10 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PDS LIMITED | 4,902 | 41.7 | 2.64 | 10.9 | 9.6 | 9.8 | 16.1 | 3.1 |
| LE MERITE EXPORTS LIMITED | 267 | 4.3 | 1.98 | 14.9 | 8.6 | 10.5 | — | (4.0) |
| BHILWARA TECHNICAL TEXT L | 248 | 13.9 | 1.54 | — | (7.0) | (6.5) | 32.8 | (128.6) |
| STANDARD INDUSTRIES LTD. | 114 | 1.8 | 0.99 | — | (16.9) | (15.8) | 23.6 | 45.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Newspaper ad for special window for share transfer and dematerialization | compliance | minimal | — | — |
| 31 Aug 2026 · Specimen letter to shareholders for 33rd AGM on Sep 26, 2026 | compliance | minimal | — | — |
| 24 Aug 2026 · Annual Report FY26: Revenue nearly doubles but PAT drops 42% | results | medium | — | — |
| 19 Aug 2026 · Notice of 33rd AGM and E-voting Info Published in Newspapers | compliance | minimal | — | — |
| 18 Aug 2026 · Book Closure for 33rd AGM from Sep 20 to Sep 26, 2026 | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Sanblue Corporation 33rd AGM scheduled for 26 September 2026 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Newspaper publication of Q1 FY27 financial results | compliance | minimal | — | — |
| 3 Aug 2026 · Board meeting on 14 Aug 2026 to consider Q1 results | results | low | — | — |
| 10 Jul 2026 · No debt instruments issued; escrow mechanism not applicable | compliance | minimal | — | — |
| 7 Jul 2026 · Compliance Certificate Under SEBI Reg 74(5) 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 | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| SPL INDUSTRIES LIMITED |
| 87 |
| 10.5 |
| 0.40 |
| — |
| 3.3 |
| 2.8 |
| — |
| 18.6 |
| Anand Rayons Limited | 84 | 7.7 | 0.82 | — | 7.1 | 9.4 | — | 3.1 |
| Vivaa Tradecom Limited | 53 | 37.8 | — | — | — | 3.6 | — | — |
| SANBLUE CORPORATION LTD. ◆ | 16 | 34.1 | 0.45 | — | 0.6 | 0.5 | — | (3.0) |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 34.1 | 12.2 | 8 of 10 | 22% |
| P/B | 0.5 | 1.3 | 2 of 8 | 86% |
| ROCE | 0.5 | 3.2 | 7 of 10 | 33% |
| ROE | 0.6 | 3.3 | 6 of 9 | 38% |
| Debt / Equity | 0.0 | 0.0 | 2 of 9 | 50% |
| EBITDA margin | (3.0) | 3.0 | 5 of 7 | 33% |
| Revenue growth | 336.3 | 25.8 | 3 of 9 | 75% |
| Profit growth | 30.4 | 76.5 | 7 of 8 | 14% |
| Market cap | 16 | 85 | 8 of 10 | 22% |
| 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.
