BSE: 526161
SPENTA INTERNATIONAL LTD.
Manufactures socks as its single business segment. Revenue from operations was Rs. 4,126.04 lakhs in FY26, down 13.4% from Rs. 4,763.84 lakhs in FY25. The company swung to a net loss of Rs. 130.47 lakhs in FY26 from a net profit of Rs. 121.49 lakhs in FY25. Material inputs are the dominant cost at 60.1% of revenue, followed by employee costs at 15.1%, other operating expenses at 12.9% and depreciation at 2.1%. EBITDA margin was 2.95% in FY26. Cash and cash equivalents fell from Rs. 179.71 lakhs at end-FY25 to Rs. 30.12 lakhs at end-FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textiles - socks. Small, single-segment textile manufacturer with thin margins
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 51 | 53 | 35 | 48 | 41 |
| EBITDA (ex other income) | 4 | 3 | 3 | 3 | (0) |
| margin % | 8.7 | 6.3 | 8.3 | 7.1 | (0.7) |
| Owners' profit | 2 | 1 | 1 | 1 | (1) |
| EPS, as reported (₹) | 7.92 | 4.15 | 3.98 | 4.39 | (4.72) |
| ROE % · ROCE % | 8.2 · 12.3 | 4.2 · 8.6 | 3.9 · 9.7 | 4.2 · 10.3 | (4.7) · 1.2 |
| Debt / equity (x) | 0.79 | 0.75 | 0.80 | 0.77 | 0.77 |
| Cash from operations | (1) | 3 | 4 | 3 | 1 |
| Capex | (0) | (0) | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 14 | 10 | 10 | 11 | 9 | 11 | 10 |
| Profit before tax | 1 | 1 | 0 | 0 | 0 | (0) | (1) | (1) |
| Net profit | 1 | 0 | 0 | 0 | 0 | (0) | (1) | (1) |
| EPS (₹) | 2.95 | 1.56 | 0.47 | 0.11 | 0.13 | (0.78) | (4.18) | (2.97) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PAGE INDUSTRIES LTD | 37,812 | 50.0 | 25.16 | — | 50.8 | 58.6 | — | 21.1 |
| ARVIND LIMITED | 13,369 | 32.3 | 3.23 | 14.1 | 10.3 | 11.9 | 12.9 | 9.4 |
| PEARL GLOBAL IND LIMITED | 5,588 | 18.0 | 3.89 | 11.2 | 18.8 | 16.8 | 27.5 | 11.2 |
| GOKALDAS EXPORTS LTD. | 4,744 | 46.0 | 2.20 | 12.9 | 4.6 | 6.0 | 26.9 | 12.1 |
| LUX INDUSTRIES LIMITED | 3,496 | 32.8 | 1.92 | 19.4 | 5.8 | 7.3 | 8.4 | 8.2 |
| SBC EXPORTS LIMITED | 3,114 | 76.9 | 38.83 | 70.5 | 31.5 | 28.3 | — | 13.9 |
| KEWAL KIRAN CLOTHING LTD | 2,631 | 17.8 | 2.35 | 9.6 | 13.6 | 16.6 | 32.0 | 24.0 |
| KITEX GARMENTS LTD | 2,250 | — | 1.82 | 34.0 | (1.1) | 0.3 | 7.9 | 11.3 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 1.1 | 1.5 | 15 of 35 | 59% |
| ROCE | (4.3) | 8.4 | 39 of 44 | 12% |
| ROE | (4.7) | 5.8 | 32 of 35 | 9% |
| Debt / Equity | 0.8 | 0.3 | 31 of 35 | 12% |
| EBITDA margin | (2.7) | 10.4 | 33 of 35 | 6% |
| Revenue growth | (1.2) | 7.9 | 26 of 37 | 31% |
| Profit growth | (2760.8) | 6.8 | 37 of 37 | 0% |
| Market cap | 30 | 146 | 36 of 44 | 19% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 9 Oct 2026 · Routine quarterly dematerialisation confirmation certificate submitted to BSE | compliance | minimal | — | — |
| 23 Sept 2026 · All 5 resolutions passed unanimously at Spenta International 39th AGM | board shareholder meetings | low | — | — |
| 23 Sept 2026 · All 5 resolutions pass unanimously at Spenta International 39th AGM | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Spenta Intl 39th AGM held on Sept 23, 2026; key resolutions passed | board shareholder meetings | low | — | — |
| 23 Sept 2026 · 39th AGM held; 5 resolutions tabled, voting results awaited | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Spenta International 39th AGM held on Sept 23, 2026 via video conferencing | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · Spenta Intl sends letters to shareholders for FY26 Annual Report access | compliance | minimal | — | — |
| 28 Aug 2026 · Post-dispatch newspaper notice for 39th AGM, e-voting and book closure | compliance | minimal | — | — |
| 27 Aug 2026 · Book Closure for 39th AGM from Sept 17 to Sept 23, 2026 | corporate actions | low | — | — |
| 27 Aug 2026 · Notice of 39th AGM on Sep 23, 2026; director re-appointments on agenda | board shareholder meetings | low | — | — |
How to read this document
| 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 |
| 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 |
Sources, method and disclosures
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.