BSE: 514470
WINSOME TEXTILE INDUSTRIES LTD
Manufactures yarn and allied textile products from its facility at Baddi in Himachal Pradesh, operating as a single reporting segment. Current capacity stands at 108,288 spindles for spinning, running at 93% utilisation, and 12,715 MT per year of dyeing capacity running at 86% utilisation. In June 2026 the board approved a Rs 170 crore project that lifts dyeing capacity by roughly 26% to 15,972 MT per year and adds about 2,064 spindles (to 110,352), alongside an effluent treatment plant upgrade, with completion targeted by 31 March 2028. Raw materials — yarn, cotton and other fibres — dominate the cost stack at 59.9% of revenue, with employees at 9.7% and other operating expenses at 18.4%. A fire at Baddi Unit-1 in February 2026 led to an assessed loss of Rs 4.55 crore, of which Rs 3.16 crore was recognised as an insurance claim for raw material damage. CARE Ratings has rated total bank facilities of Rs 443.99 crore at BBB+ Stable (long-term) and A3+ (short-term). AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Yarn and Allied Textile activities. Cyclical, asset-heavy yarn and textile manufacturing
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 956 | 876 | 823 | 865 | 896 |
| EBITDA (ex other income) | 131 | 93 | 88 | 101 | 105 |
| margin % | 13.7 | 10.6 | 10.7 | 11.7 | 11.7 |
| Owners' profit | 45 | 25 | 19 | 28 | 27 |
| EPS, as reported (₹) | 23.02 | 12.32 | 9.50 | 14.19 | 14.19 |
| ROE % · ROCE % | 19.6 · 26.3 | 9.6 · 17.3 | 6.8 · 15.8 | 9.3 · 19.2 | 8.0 · 18.2 |
| Debt / equity (x) | 1.32 | 1.09 | 1.04 | 0.84 | 0.86 |
| Cash from operations | 26 | 94 | 76 | 90 | 70 |
| Capex | (18) | (24) | (53) | (11) | (55) |
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 | 221 | 219 | 201 | 225 | 222 | 222 | 208 | 244 |
| Profit before tax | 9 | 10 | 8 | 9 | 9 | 9 | 8 | 10 |
| Net profit | 7 | 9 | 5 | 7 | 7 | 7 | 5 | 8 |
| EPS (₹) | 3.49 | 4.46 | 2.80 | 3.45 | 3.46 | 3.37 | 2.67 | 4.43 |
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) | 5.5 | 16.8 | 22 of 179 | 88% |
| P/B | 0.5 | 1.1 | 32 of 185 | 83% |
| ROCE | 7.8 | 4.3 | 72 of 215 | 67% |
| ROE | 8.0 | 4.7 | 62 of 188 | 67% |
| Debt / Equity | 0.9 | 0.4 | 139 of 188 | 26% |
| EBITDA margin | 12.4 | 9.8 | 76 of 198 | 62% |
| Revenue growth | 8.6 | 6.9 | 88 of 192 | 55% |
| Profit growth | 12.8 | 20.0 | 118 of 203 | 42% |
| Market cap | 153 | 61 | 72 of 223 | 68% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Compliance Certificate on Share Dematerialization for Q2 FY27 | compliance | minimal | — | — |
| 12 Oct 2026 · Board meeting on Nov 2, 2026 to approve Q2 and H1 FY27 financial results | results | low | — | — |
| 29 Sept 2026 · Winsome Textile 45th AGM: All 5 Resolutions Passed with Wide Margin | board shareholder meetings | low | — | — |
| 28 Sept 2026 · 45th AGM held; 5 resolutions put to vote including common seal removal | board shareholder meetings | low | — | — |
| 24 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 3 Sept 2026 · Newspaper ad published for AGM notice and e-voting details | compliance | minimal | — | — |
| 1 Sept 2026 · Letters sent to shareholders for 45th AGM and Annual Report notice | compliance | minimal | — | — |
| 31 Aug 2026 · Winsome Textile files FY26 Annual Report; 45th AGM on Sep 28 | board shareholder meetings | medium | — | — |
| 21 Aug 2026 · Newspaper clippings of AGM notice and book closure submitted to BSE | compliance | minimal | — | — |
| 20 Aug 2026 · Winsome Textile 45th AGM on Sep 28, 2026; book closure Sep 21-28 | 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.