BSE: 526133
SUPERTEX INDUSTRIES LTD.
Operates in the textiles sector, classified by its exchange filings under 'Other Textile Products'. All reported revenue for FY26 — Rs 47.88 crore — comes from a single unnamed business segment, and within that segment the company sells only to domestic customers; international revenue was nil in every quarter shown. The cost structure is heavily raw-material-driven, with materials making up 77.9% of revenue, while employees account for 6.6%, other operating expenses 6.5%, and depreciation 1.6%. Capex ran at just 0.1% of revenue in FY26, indicating very limited reinvestment in fixed assets during the period. The company is headquartered in Mumbai and publishes its results in both English (Financial Express) and Gujarati (Lokmitra) newspapers, suggesting a Gujarat operational footprint alongside the Mumbai corporate office. Beyond the broad 'Other Textile Products' industry label, the filings do not specify the particular textile items manufactured or the scale of manufacturing operations. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Single reported segment (Other Textile Products) (100%), Domestic, International. Small, single-segment textile manufacturer, materials-heavy cost base, declining year-on-year revenue
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 66 | 68 | 90 | 73 | 48 |
| EBITDA (ex other income) | 3 | 3 | 4 | 4 | 4 |
| margin % | 4.5 | 5.1 | 4.4 | 4.9 | 7.8 |
| Owners' profit | 0 | 0 | 0 | (0) | 0 |
| EPS, as reported (₹) | 0.07 | 0.06 | 0.15 | 0.11 | 0.10 |
| ROE % · ROCE % | 0.4 · 9.0 | 0.2 · 9.8 | 0.4 · 10.3 | (0.3) · 8.7 | 0.5 · 8.7 |
| Debt / equity (x) | 0.79 | 0.82 | 0.78 | 0.71 | 0.71 |
| Cash from operations | 5 | 3 | 6 | 4 | 3 |
| Capex | (0) | (0) | (1) | (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 | 12 | 21 | 11 | 8 | 21 | 11 | 8 | 5 |
| Profit before tax | 0 | 0 | (0) | (0) | 1 | (0) | 0 | 0 |
| Net profit | 1 | 0 | (1) | (0) | 1 | (0) | 0 | 0 |
| EPS (₹) | 0.48 | 0.12 | 0.44 | (0.35) | 0.54 | (0.12) | 0.03 | 0.18 |
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. % |
|---|---|---|---|---|---|---|---|---|
| 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 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.0 | 16.8 | 49 of 179 | 73% |
| P/B | 0.2 | 1.1 | 4 of 185 | 98% |
| ROCE | 0.9 | 4.3 | 153 of 215 | 29% |
| ROE | 0.5 | 4.7 | 143 of 188 | 24% |
| Debt / Equity | 0.7 | 0.4 | 125 of 188 | 34% |
| EBITDA margin | 19.2 | 9.8 | 33 of 198 | 84% |
| Revenue growth | (37.6) | 6.9 | 174 of 192 | 9% |
| Profit growth | 162.2 | 20.0 | 38 of 203 | 82% |
| Market cap | 6 | 61 | 215 of 223 | 4% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · GST authority orders Rs 9.20 crore tax demand plus penalty | regulatory legal | high | — | — |
| 14 Oct 2026 · Routine Reg. 74(5) compliance filing for Q2 FY26 | compliance | minimal | — | — |
| 1 Oct 2026 · Piyush Patel reappointed as Independent Director for second 5-year term | management changes | medium | — | — |
| 1 Oct 2026 · Re-appointment of Cost Auditors for FY 2026-27 | management changes | medium | — | — |
| 1 Oct 2026 · AGM voting results: All 4 resolutions passed with 91% support | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Supertex 40th AGM held Sep 30 2026 four resolutions tabled | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading window closes from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 7 Sept 2026 · Newspaper ads filed for 40th AGM notice, e-voting and book closure | compliance | minimal | — | — |
| 4 Sept 2026 · Supertex Industries 40th AGM on Sep 30, 2026; adopts FY26 accounts, director re-appointments | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Supertex Industries files FY26 Annual Report with 40th AGM notice | compliance | 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.