Following a change of control in July 2025, the company has pivoted its standalone operations from textile trading to highway construction works contracts. Q1 FY27 revenue of Rs 2,839 lakh was up sharply from Rs 205 lakh a year earlier, driven by the new highway works business rather than textiles. For FY26, total revenue rose about 752% to Rs 8,088.16 lakhs from Rs 948.75 lakhs the year before, while the company still posted a loss before exceptional items of Rs 492.05 lakhs. The company also holds a 40% stake in overseas associate Soma Textiles FZC, whose investment is fully impaired and beyond which further losses are not recognised. Cost structure is overwhelmingly dominated by other operating expenses at 95.8% of revenue, with employee cost at 3.6%, depreciation at 0.3% and capex at 0.1%. The board has recommended a 5% final dividend on Rs 10 face value equity, the first dividend since FY1999. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Highway construction works contract, Textile trading. Pivot-stage company shifting from textile trading to highway construction works contracts under new promoters.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 15 | 5 | 6 | 9 | 81 |
| EBITDA (ex other income) | (3) | 164 | 19 | 64 | 5 |
| margin % | (17.8) | 3162.3 | 331.9 | 672.4 | 5.7 |
| Owners' profit | (16) | 165 | 21 | 69 | 10 |
| EPS, as reported (₹) | (4.96) | 50.09 | 6.40 | 20.98 | 2.98 |
| ROE % · ROCE % | 19.1 · (8.6) | 220.2 · 206.6 | 23.8 · 27.3 | 43.9 · 42.7 | 5.9 · 6.5 |
| Debt / equity (x) | (1.13) | 0.13 | 0.02 | 0.02 | 0.00 |
| Cash from operations | 33 | 170 | 26 | (6) | (103) |
| Capex | (0) | (0) | (2) | (3) | (0) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 1 | 4 | 2 | 0 | 28 | 51 | 28 |
| Profit before tax | 68 | (0) | (1) | 4 | (1) | 2 | 6 | 3 |
| Net profit | 68 | (0) | 0 | 4 | (1) | 2 | 5 | 3 |
| EPS (₹) | 20.64 | (0.10) | 0.08 | 1.10 | (0.19) | 0.59 | 1.48 | 0.84 |
| 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 % |
|---|---|---|---|---|
| 26 Aug 2026 · Clarification on delayed disclosure of RBI foreign exchange compounding | regulatory legal | high | — | — |
| 1 Aug 2026 · 88th AGM results: all 3 resolutions passed, 5% final dividend approved | compliance | minimal | — | — |
| 1 Aug 2026 · 88th AGM: All 3 resolutions passed, 5% final dividend declared | board shareholder meetings | low | — | — |
| 1 Aug 2026 · Newspaper publication of Q1 FY27 unaudited results filed | compliance | minimal | — | — |
| 1 Aug 2026 · Newspaper cuttings of Q1 FY27 unaudited results filed with exchanges | compliance | minimal | — | — |
| 31 Jul 2026 · 88th AGM held; 5% final dividend declared for FY26 | board shareholder meetings | low | — | — |
| 31 Jul 2026 · Soma Textiles Q1 FY27: Revenue Rs 2,839 lakh, PAT Rs 276 lakh | results | high | — | — |
| 31 Jul 2026 · Q1 FY27 Results: Revenue jumps to Rs 28.39 cr, PAT at Rs 2.76 cr | results | high | — | — |
| 25 Jul 2026 · Board meeting on July 31 to consider Q1 FY27 results | results | low | — | — |
| 17 Jul 2026 · Special Window for Transfer and Dematerialisation of Physical Shares | 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 |
| 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) | 30.9 | 14.8 | 148 of 205 | 28% |
| P/B | 1.7 | 1.3 | 116 of 183 | 36% |
| ROCE | 6.5 | 4.2 | 90 of 227 | 61% |
| ROE | 5.9 | 4.8 | 96 of 214 | 55% |
| Debt / Equity | 0.0 | 0.3 | 50 of 214 | 77% |
| EBITDA margin | 9.8 | 9.8 | 99 of 198 | 50% |
| Revenue growth | 1284.9 | 6.9 | 8 of 192 | 96% |
| Profit growth | (24.0) | 20.0 | 142 of 203 | 30% |
| Market cap | 278 | 63 | 59 of 221 | 74% |
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| 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.
