BSE: 512527
SUPER SALES INDIA LTD.
Operates a textile and apparel business across three divisions. The Agency Division generated Rs 4.70 crore of revenue and Rs 2.23 crore of EBIT in FY26, with EBIT margins far higher than other divisions, consistent with commission-based textile trading. The Textile Division, the largest named segment, posted Rs 84.90 crore of revenue and Rs 1.42 crore of EBIT, and led growth in Q1 FY27 with revenue of Rs 92.96 crore. The Engineering Division, unusual for a textile company, generated Rs 15.25 crore of revenue and Rs 0.90 crore of EBIT in FY26. Total FY26 revenue stood at Rs 410.54 crore with an EBITDA margin of 9.82%. Raw materials, mainly cotton, yarn, and fabric, dominate the cost structure at 60.7% of revenue, followed by employee costs at 12.4% and other operating expenses at 20.7%. Shareholders have approved related party transactions with LMW Limited, a textile machinery manufacturer, of up to Rs 200 crore, pointing to a significant business linkage with that group. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Agency Division, Textile Division, Engineering Division. Cyclical, asset-heavy textile manufacturer with three divisions
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 419 | 368 | 419 | 404 | 411 |
| EBITDA (ex other income) | 81 | 51 | 44 | 23 | 31 |
| margin % | 19.3 | 13.8 | 10.6 | 5.7 | 7.6 |
| Owners' profit | 48 | 28 | 20 | (2) | 4 |
| EPS, as reported (₹) | 156.80 | 92.36 | 64.68 | (5.73) | 11.61 |
| ROE % · ROCE % | 12.0 · 17.0 | 6.5 · 8.5 | 3.6 · 5.6 | (0.3) · 1.1 | 0.7 · 3.2 |
| Debt / equity (x) | 0.19 | 0.18 | 0.14 | 0.15 | 0.21 |
| Cash from operations | 50 | 65 | 34 | 29 | 9 |
| Capex | (36) | (49) | (42) | 0 | (17) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 97 | 101 | 100 | 105 | 99 | 105 | 104 | 103 |
| Profit before tax | 1 | 2 | (3) | (1) | 2 | 6 | (1) | 1 |
| Net profit | 1 | 1 | (3) | (2) | 2 | 4 | (1) | (1) |
| EPS (₹) | 3.31 | 4.49 | (8.26) | (5.27) | 5.74 | 13.20 | (2.83) | 4.51 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| AGENCY DIVISION | 5 | 1.1 |
| TEXTILE DIVISION | 85 | 20.2 |
| ENGINEERING DIVISION | 15 | 3.6 |
| UNALLOCATED | 0 | 0.0 |
| Agency Division | 13 | 3.2 |
| Textile Division | 171 | 40.9 |
| Engineering Division | 50 | 11.8 |
| Unallocated | 1 | 0.2 |
| Textiles Division | 79 | 18.9 |
| Total, before eliminations | 420 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,325 | 40.9 | 6.55 | 27.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,367 | 74.1 | 4.09 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,669 | 17.0 | 1.39 | 11.3 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 10,870 | 27.4 | 2.28 | 13.4 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,471 | 56.1 | 3.60 | 20.4 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,310 | 35.3 | 5.40 | 22.9 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,207 | 22.0 | 2.80 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,178 | 68.8 | 2.23 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 50.7 | 16.8 | 145 of 179 | 19% |
| P/B | 0.7 | 1.1 | 52 of 185 | 72% |
| ROCE | 1.5 | 4.3 | 139 of 215 | 36% |
| ROE | 0.7 | 4.7 | 138 of 188 | 27% |
| Debt / Equity | 0.2 | 0.4 | 72 of 188 | 62% |
| EBITDA margin | 8.6 | 9.8 | 113 of 198 | 43% |
| Revenue growth | (2.2) | 6.9 | 126 of 192 | 35% |
| Profit growth | 14.4 | 20.0 | 113 of 203 | 45% |
| Market cap | 321 | 61 | 53 of 223 | 77% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Director Ravi Sam resigns effective 28 October 2026 | management changes | high | — | — |
| 28 Oct 2026 · Sri Ravi Sam resigns as non-executive director of Super Sales India | management changes | medium | — | — |
| 28 Oct 2026 · Sri Ravi Sam resigns as non-executive, non-independent director | management changes | medium | — | — |
| 28 Oct 2026 · September quarter profit over threefold to Rs 13.76 crore; director resigns | management changes | medium | — | — |
| 28 Oct 2026 · Quarterly profit rises sharply as non-executive director resigns | management changes | medium | — | — |
| 15 Oct 2026 · Newspaper notice on special window for physical share transfers | compliance | minimal | — | — |
| 6 Oct 2026 · Certificate under Reg 74(5) of SEBI DP Regulations for quarter ended 30 Sep 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · Trading Window Closed from Oct 1 to Oct 30 for Q2 FY27 results | compliance | minimal | — | — |
| 1 Oct 2026 · Board meeting on Oct 28 2026 to consider Q2 FY27 unaudited results | results | low | — | — |
| 25 Sept 2026 · Trading Window Closure from Oct 1, 2026 for Q2 Results | compliance | minimal | — | — |
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.