Manufactures felt and other textile products from its base in Vadodara. Shri Dinesh Mills reported FY26 revenue of ₹67.72 crore, up 1.8% year-on-year. The board has approved in-principle the demerger of the FELT business into a separate listed entity, following a family settlement between two promoter groups (BUP and NUP). The residual business continues to make other textile products. Employee costs are the largest expense at 36.2% of revenue, followed by other operating expenses at 33.7% and raw materials at 22.8%. The board declared a final dividend of ₹1.50 per share for FY26 on 56 lakh shares, down from ₹2 per share the prior year. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. FELT business, Other textile products. Small, BSE-listed textile manufacturer with a FELT vertical undergoing demerger
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 90 | 98 | 101 | 67 | 68 |
| EBITDA (ex other income) | 37 | 30 | 55 | 8 | 1 |
| margin % | 41.0 | 30.1 | 54.0 | 12.3 | 1.5 |
| Owners' profit | 30 | 24 | 51 | 11 | 8 |
| EPS, as reported (₹) | 53.38 | 42.24 | 89.08 | 18.91 | 13.20 |
| ROE % · ROCE % | 21.9 · 23.0 | 14.2 · 15.9 | 22.3 · 26.3 | 4.0 · 7.5 | 3.9 · 4.6 |
| Debt / equity (x) | 0.05 | 0.08 | 0.12 | 0.02 | 0.01 |
| Cash from operations | 13 | 8 | (4) | 14 | 3 |
| Capex | (10) | (11) | (14) | (4) | (1) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 23 | 16 | 21 | 16 | 17 | 16 | 19 |
| Profit before tax | 4 | 3 | 2 | 6 | 5 | 2 | 3 | (1) |
| Net profit | 3 | 2 | 1 | 3 | 4 | 2 | 2 | (1) |
| EPS (₹) | 4.72 | 3.42 | 1.18 | 8.12 | 6.64 | 3.46 | 4.13 | 1.02 |
| 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 | 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 2 Sept 2026 · Trading window extended till 20 Sept due to board meeting reschedule | compliance | minimal | — | — |
| 2 Sept 2026 · Board Meeting Rescheduled to 18 September 2026 for MoA Revision | strategic transactions | medium | — | — |
| 26 Aug 2026 · Board meeting on Sept 3 to consider alteration of object clause and new MoA | general | medium | — | — |
| 26 Aug 2026 · Trading window closed ahead of September board meeting | compliance | minimal | — | — |
| 4 Aug 2026 · Board Meeting on 12 Aug 2026 to consider Q1 FY27 results | results | low | — | — |
| 16 Jul 2026 · Notice for 91st AGM, e-voting, and record date details | compliance | minimal | — | — |
| 15 Jul 2026 · Annual Report FY2025-26 and 91st AGM Notice submitted | board shareholder meetings | low | — | — |
| 15 Jul 2026 · Shri Dinesh Mills 91st AGM notice with Rs 1.50 dividend and auditor change | board shareholder meetings | low | — | — |
| 14 Jul 2026 · Compliance certificate for securities dematerialisation, Q1 FY27 | compliance | minimal | — | — |
| 2 Jul 2026 · Shri Dinesh Mills fixes 7 Aug 2026 as record date for FY26 dividend | corporate actions | high | — | — |
| 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 |
| 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) | 24.3 | 14.8 | 135 of 205 | 34% |
| P/B | 1.0 | 1.3 | 79 of 183 | 56% |
| ROCE | 4.2 | 4.2 | 114 of 227 | 50% |
| ROE | 3.9 | 4.8 | 117 of 214 | 46% |
| Debt / Equity | 0.0 | 0.3 | 58 of 214 | 73% |
| EBITDA margin | (2.3) | 9.8 | 176 of 198 | 11% |
| Revenue growth | (9.1) | 6.9 | 145 of 192 | 25% |
| Profit growth | (120.7) | 20.0 | 177 of 203 | 13% |
| Market cap | 208 | 63 | 65 of 221 | 71% |
| 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.
