Bhilwara Spinners
Close ·
- P/E
- 11.91
Key Fundamentals
MicrocapTextilesConsumer DiscretionaryPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 5.85%
- Debt to Equity
- 2.08
- EPS (TTM)
- ₹9.89
- Book Value
- ₹55.47
- Market Cap
- —
- P/E (TTM)
- 11.91
- P/B
- 2.12
- ROE
- 8.56%
- Dividend Yield
- 0.00%
- EBITDA
- ₹13.40 Cr
- 52W High
- ₹152.95
- 52W Low
- ₹98.90
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 47
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 43
- Weak
- Cheap vs sector & own history 24% weight
- Growth
- 99
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 27
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 66
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 60
- Good
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company has delivered good profit growth of 32.5% CAGR over last 5 years
- Company's median sales growth is 51.1% of last 10 years
- Company's working capital requirements have reduced from 185 days to 16.7 days
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.34% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 46.5 to 83.2 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 9 | 6 | 4 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Bullish
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 44.73
- Neutral
- MACD (12,26,9)
- −2.61
- Bullish
- SMA (50)
- 125.40
- Bearish
- SMA (200)
- 119.97
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +37.79% |
|---|---|
| 5Y | +105.89% |
| 3Y | +319.83% |
| 1Y | +196.00% |
| TTM | +578.92% |
Net profit
| 10Y | +5.24% |
|---|---|
| 5Y | +37.97% |
| 3Y | +18.56% |
| 1Y | +150.00% |
| TTM | Turned to profit |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | 0.00% |
| 3Y | −23.69% |
| 1Y | −66.67% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +16.22 pp |
|---|---|
| 5Y | +16.22 pp |
| 3Y | +16.22 pp |
| 1Y | +4.22 pp |
| TTM | +2.78 pp |
Revenue by year
| Mar 2017 | ₹5.00 Cr |
|---|---|
| Mar 2018 | ₹5.00 Cr |
| Mar 2019 | ₹2.00 Cr |
| Mar 2020 | ₹7.00 Cr |
| Mar 2021 | ₹2.00 Cr |
| Mar 2022 | ₹3.00 Cr |
| Mar 2023 | ₹1.00 Cr |
| Mar 2024 | ₹9.00 Cr |
| Mar 2025 | ₹25.00 Cr |
| Mar 2026 | ₹74.00 Cr |
Net profit by year
| Mar 2017 | ₹2.00 Cr |
|---|---|
| Mar 2018 | ₹1.00 Cr |
| Mar 2019 | ₹5.00 Cr |
| Mar 2020 | ₹4.00 Cr |
| Mar 2021 | ₹1.00 Cr |
| Mar 2022 | ₹1.00 Cr |
| Mar 2023 | ₹3.00 Cr |
| Mar 2024 | ₹2.00 Cr |
| Mar 2025 | ₹2.00 Cr |
| Mar 2026 | ₹5.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 3.44 | 4.48 | 1.48 | 12.09 | 3.52 | 1.66 | 7.71 | 2.67 | 12.51 | 24.73 | 34.56 | 33.84 |
| Expenses | 0.12 | 3.19 | 4.07 | 1.48 | 10.68 | 3.03 | 1.58 | 6.49 | 2.44 | 9.17 | 20.29 | 30.26 | 29.27 |
| Operating Profit | −0.12 | 0.25 | 0.41 | 0 | 1.41 | 0.49 | 0.08 | 1.22 | 0.23 | 3.34 | 4.44 | 4.3 | 4.57 |
| OPM % | — | 7.27% | 9.15% | 0% | 11.66% | 13.92% | 4.82% | 15.82% | 8.61% | 26.7% | 17.95% | 12.44% | 13.5% |
| Other Income | 0.26 | 0.61 | 0.03 | 0.76 | 0.7 | 0.03 | 0.03 | 0.01 | 0.04 | 0.7 | 0.07 | 0.94 | 0.64 |
| Interest | 0 | 0.02 | 0.01 | 0.06 | 0.01 | 0.01 | 0.04 | 0.74 | 0.82 | 2.36 | 2.21 | 0.67 | 1.42 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.03 | 0.66 | 1.05 | 1.46 | 1.49 | 1.44 | 1.46 |
| PBT | 0.13 | 0.83 | 0.42 | 0.69 | 2.08 | 0.5 | 0.04 | −0.17 | −1.6 | 0.22 | 0.81 | 3.13 | 2.33 |
| Tax % | 15.38% | 16.87% | 16.67% | 17.39% | 20.19% | 28% | 25% | 88.24% | 33.75% | 150% | 39.51% | −113.1% | 18.03% |
| Net Profit | 0.11 | 0.69 | 0.36 | 0.57 | 1.66 | 0.36 | 0.03 | −0.33 | −2.14 | −0.12 | 0.49 | 6.67 | 1.91 |
| EPS (₹) | 0.16 | 1.02 | 0.53 | 0.63 | 1.83 | 0.4 | 0.03 | −0.36 | −2.36 | −0.13 | 0.54 | 7.37 | 2.11 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 3 | 5 | 5 | 2 | 7 | 2 | 3 | 1 | 9 | 25 | 74 | 106 |
| Expenses | 0 | 3 | 6 | 6 | 3 | 8 | 2 | 3 | 1 | 9 | 22 | 62 | 89 |
| Operating Profit | 0 | 0 | −1 | 0 | −1 | −1 | 0 | 0 | 0 | 1 | 3 | 12 | 17 |
| OPM % | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −13% | −19% | −4.1% | −51% | −10% | −24% | −13% | −33% | 6% | 13% | 17% | 16% |
| Other Income | 3 | 4 | 3 | 1 | 7 | 5 | 2 | 2 | 4 | 2 | 1 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 6 |
| PBT | 2 | 4 | 2 | 1 | 6 | 5 | 1 | 2 | 3 | 2 | 2 | 3 | 6 |
| Tax % | 24% | 20% | 22% | 22% | 21% | 20% | 18% | 16% | 18% | 17% | 29% | −91% | — |
| Net Profit | 2 | 3 | 2 | 1 | 5 | 4 | 1 | 1 | 3 | 2 | 2 | 5 | 9 |
| EPS (₹) | 2.75 | 4.64 | 2.63 | 1.11 | 7.32 | 5.68 | 1.6 | 2.09 | 3.86 | 1.91 | 1.91 | 5.42 | 9.89 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 9 |
| Reserves | 1 | 4 | 6 | 6 | 11 | 15 | 16 | 18 | 20 | 35 | 36 | 41 |
| Borrowings | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 55 | 74 | 104 |
| Other Liabilities | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 5 |
| Total Liabilities | 9 | 12 | 15 | 16 | 20 | 23 | 24 | 26 | 28 | 98 | 123 | 159 |
| Fixed Assets | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 9 | 8 | 8 | 54 | 106 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 70 | 56 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8 | 11 | 14 | 15 | 18 | 20 | 16 | 17 | 9 | 19 | 12 | 53 |
| Total Assets | 9 | 12 | 15 | 16 | 20 | 23 | 24 | 26 | 28 | 98 | 123 | 159 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −1 | −5 | −2 | −2 | −8 | −4 | 4 | −2 | 9 | −10 | 12 | 4 |
| Investing | 1 | 5 | 3 | 0 | 8 | 5 | −5 | 2 | −7 | −58 | −32 | −28 |
| Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65 | 20 | 24 |
| Net Cash Flow | 1 | −1 | 1 | −1 | 0 | 0 | 0 | 0 | 3 | −3 | 0 | 0 |
| Free Cash Flow | 0 | −1 | 0 | −2 | −1 | 0 | −2 | −1 | 2 | −68 | −20 | −24 |
| CFO/EBITDA | 481 | 1,386 | 248 | 682 | 733 | 645 | −926 | 519 | −3,059 | −1,705 | 378 | 34 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | — | 116 | 309 | 37 | 16 | 269 | 230 | 60 | 0 | 20 | 36 | 83 |
| Inventory Days | — | 0 | 0 | 0 | 0 | 16 | 107 | 620 | 1,567 | 391 | 40 | 164 |
| Days Payable | — | — | — | — | — | 7 | 69 | 34 | 414 | 30 | 12 | 25 |
| Cash Conversion Cycle | — | 116 | 309 | 37 | 16 | 278 | 267 | 646 | 1,153 | 381 | 65 | 222 |
| Working Capital Days | — | −105 | 96 | −183 | −291 | 250 | 106 | 503 | 918 | 541 | −2 | 17 |
| ROCE % | 4% | 1% | 0% | 5% | −3% | 1% | 6% | 2% | 1% | 1% | 2% | 6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Bhilwara Spinners insights
58 extracted metrics across FY10–FY27.
Documents
- 24 Jul 2026
- 15 May 2026
- 30 Jan 2026
- 14 Aug 2025
- 28 Sep 2026
- 14 Jul 2026
- 9 Dec 2025
- 22 Aug 2025
- 6 Jan 2025
- General announcements 15 Oct 2026
Frequently Asked Questions about Bhilwara Spinners
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Company Information
Incorporated in 1980, Bhilwara Spinners Ltd is engaged in manufacturing of finished cotton denim fabric.
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