BSE: 516098
VENTURA TEXTILES LTD.
Classified under Textiles & Apparels, the company sold its land, building and the major portion of its plant and machinery in FY24 — assets used for its core textile activity — leaving the existing textile business without its manufacturing base. Revenue from operations has fallen to a minimal level, with F_SCALE recording Rs 0 crore for FY26 and individual filings showing around Rs 11.47 lakh for Q4 FY26 and Rs 1.24 lakh for Q3 FY26 against Rs 11.47 lakh in the year-ago quarter. The company posted a net loss of Rs 35.01 lakh for FY26, narrower than the Rs 117.52 lakh loss in FY25, but reports other equity at negative Rs 2,887.61 lakh against total assets of Rs 1,944.07 lakh and total liabilities of Rs 4,833.58 lakh. The Board has approved a proposed name change and diversification into beverages — breweries, distilleries, aerated water and mineral water — following shareholder approval at the AGM held on September 30, 2025. The statutory auditor flagged going concern doubts tied to the asset sales, and the company disclosed default on its entire outstanding bank loan of Rs 1.63 crore as on 31 March 2026 (and Rs 1.67 crore as on 31 December 2025). AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile operations, Beverages (planned). Wound-down textile manufacturer proposing a strategic pivot into beverages; negative net worth, full default on bank borrowings, going concern emphasis by auditor
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 16 | 13 | 0 | 0 | 0 |
| EBITDA (ex other income) | (2) | (2) | (2) | (1) | (0) |
| margin % | (14.9) | (13.5) | (405.2) | (833.6) | — |
| Owners' profit | (2) | (1) | 9 | (1) | (0) |
| EPS, as reported (₹) | (0.84) | (0.60) | 4.85 | (0.60) | (0.18) |
| ROE % · ROCE % | 9.9 · (5.1) | 6.6 · 6.2 | (114.2) · (801.8) | 12.4 · 41.9 | 3.6 · 6.4 |
| Debt / equity (x) | (1.67) | (1.18) | (0.88) | (0.78) | (0.78) |
| Cash from operations | 0 | 4 | 4 | 0 | 0 |
| Capex | 0 | (0) | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (1) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | (1) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.07) | (0.05) | (0.05) | (0.43) | (0.04) | (0.04) | (0.06) | (0.05) |
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 |
|---|---|---|---|---|
| Profit growth | 87.6 | 20.0 | 60 of 203 | 71% |
| Market cap | 14 | 61 | 183 of 223 | 18% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 17 Oct 2026 · Routine SEBI compliance certificate for Q2 FY27 dematerialisation | compliance | minimal | — | — |
| 13 Oct 2026 · Memorandum of Association Object Clause Alteration Registered by MCA | business updates | medium | — | — |
| 9 Oct 2026 · Ventura Textiles to rename as Superbev Limited, pivots to beverages | capital market events | medium | — | — |
| 3 Oct 2026 · Ventura Textiles 56th AGM: All 6 resolutions passed, name change approved | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Ventura Textiles 56th AGM held; six resolutions voted on | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closure ahead of H2 FY26 results | compliance | minimal | — | — |
| 11 Sept 2026 · 56th AGM Notice - Ventura Textiles Limited | compliance | minimal | — | — |
| 9 Sept 2026 · Ventura Textiles files FY26 Annual Report, AGM notice includes rebrand to SUPERBEV | compliance | low | — | — |
| 8 Sept 2026 · 56th AGM notice: name change to SuperBev, pivot from textiles to beverages | board shareholder meetings | medium | — | — |
| 8 Sept 2026 · Annual Report FY26: name change to SuperBev, pivot to alcobev business | results | high | — | — |
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.