SOURCE INDUSTRIES (INDIA) LTD.
Latest filings
- RTA certificate for share dematerialisation filed with BSE · Compliance
- 42nd AGM results: all 3 resolutions passed by shareholders · Board & Shareholder Meetings
- 42nd AGM concluded; all 3 resolutions passed with near-unanimous majority · Board & Shareholder Meetings
Snapshot
What the business is, and whether it's a good one at a fair price.
Classified under textiles & apparels (Other Textile Products), this BSE-listed entity (scrip code 521036) is in the middle of a strategic transformation. Shareholders approved expanding its objects clause to include railway infrastructure, metro rail, defence technology, drones, AI, and cybersecurity, and also approved a name change to "Arka Defence & Locomotives Limited" at an EGM on March 30, 2026. FY26 revenue from operations was Rs 54.27 lakhs, up from Rs 6.57 lakhs in FY25, but still very small in absolute terms. The company swung to a net profit of Rs 12.18 lakhs in FY26 from a Rs 14.55 lakhs loss the prior year, although other equity remains deeply negative at Rs -698.09 lakhs and trade receivables of Rs 208.97 lakhs are large relative to top line. Promoters — Sudhir Reddy Posireddy, N Mohan Krishna, Ram Reddy Swathi and Arka Defence Private Limited — together hold 63.21% of the equity after acquiring an additional 13.03% via an off-market transaction on July 25, 2025. The filings do not describe current products, customers, plant capacity, or operating scale of any specific business line, and the cost shape shows employee costs at 36.1% of revenue and other operating expenses at 47.7%, with materials, depreciation and capex each at 0% of revenue.
Scorecard
Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
Price
▲ 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?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from SOURCE INDUSTRIES (INDIA) LTD.'s filed financials and exchange disclosures
What does SOURCE INDUSTRIES (INDIA) LTD. do?
SOURCE INDUSTRIES (INDIA) LTD. is a Textiles & Apparels company listed on BSE.
Is SOURCE INDUSTRIES (INDIA) LTD. profitable?
Yes. Over the trailing twelve months SOURCE INDUSTRIES (INDIA) LTD. reported a net profit of ₹0.18 Cr on revenue of ₹1.02 Cr.
Does SOURCE INDUSTRIES (INDIA) LTD. pay a dividend?
Not in the latest reported year — SOURCE INDUSTRIES (INDIA) LTD.'s dividend payout for FY26 was nil.
Is SOURCE INDUSTRIES (INDIA) LTD. debt-free?
No. It reported borrowings of ₹0.20 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹0.14 Cr after cash. Debt stands at 0.05× equity. That is lower than 79% of its 188 Other Textile Products peers.
Is SOURCE INDUSTRIES (INDIA) LTD. expensive compared with its peers?
On trailing P/E, SOURCE INDUSTRIES (INDIA) LTD. ranks 176 of 179 in Other Textile Products — cheaper than 2% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.
How much does the SOURCE INDUSTRIES (INDIA) LTD. share price move in a day?
On a typical session SOURCE INDUSTRIES (INDIA) LTD. moves 1.99% — that is the median absolute close-to-close move across its last 134 trading days. MarketPing measures each filing's price reaction against it.
Where can I track SOURCE INDUSTRIES (INDIA) LTD.'s announcements?
Every NSE and BSE filing by SOURCE INDUSTRIES (INDIA) 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.