---
title: "Sihora Industries Ltd (544585) — Share Price, Financials & Analysis"
symbol: "544585"
company: "Sihora Industries Ltd"
canonical: "https://tapetide.com/stocks/544585"
isin: "INE0SFA01011"
nse_symbol: "SIHORAINDUSTRIESLTD"
bse_code: "544585"
sector: "Textiles"
industry: "Textiles & Apparels"
market_cap_cr: 31.2
generated_at: "2026-09-13T19:53:40.183Z"
---

# Sihora Industries Ltd (544585)

Canonical page: https://tapetide.com/stocks/544585

## Company

- **NSE Symbol:** SIHORAINDUSTRIESLTD
- **BSE Code:** 544585
- **ISIN:** INE0SFA01011
- **Sector:** Textiles
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sihoragroup.com

## About

Incorporated in 2023, Sihora Industries Limited manufactures and sells narrow woven fabrics and other textile products.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:00.869037Z.

- **Market Cap:** ₹31.2 Cr
- **Classification:** SME
- **P/E (reported):** 0
- **Book Value:** ₹29.7
- **Price to Book:** 1.97
- **Dividend Yield:** 0%
- **ROE:** 35.6%
- **ROCE:** 37.32%
- **Debt to Equity:** 0.09
- **Revenue (yearly):** ₹18.92 Cr
- **Net Income:** ₹0.91 Cr
- **EBITDA:** ₹1.98 Cr
- **52-Week High:** ₹70
- **52-Week Low:** ₹50.1
- **RSI (14):** 46.88

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 96.0 days to 161 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -128% | -100.09% | -102.89% |
| ebitda margin growth | -59.75% | -37.48% | — |
| net income growth | -52.11% | 203.33% | — |
| revenue growth | 25.3% | 44.28% | — |
| roce | 235.61% | 235.61% | — |
| roe | 275.13% | 22.55% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 6.63 | 7.93 | 8.38 | 10.54 |
| Expenses | 5.3 | 5.96 | 6.97 | 9.98 |
| Operating Profit | 1.33 | 1.97 | 1.41 | 0.56 |
| OPM % | 20.06 | 24.84 | 16.83 | 5.31 |
| Other Income | 0.36 | 0.14 | 0.15 | 0.46 |
| Interest | 0.18 | 0.25 | 0.23 | 0.08 |
| Depreciation | 0.4 | 0.47 | 0.48 | 0.5 |
| Profit before tax | 1.11 | 1.39 | 0.85 | 0.44 |
| Tax % | 25.23 | 25.9 | 25.88 | 27.27 |
| Net Profit | 0.83 | 1.04 | 0.64 | 0.32 |
| EPS in Rs | 12.25 | 2.79 | 1.72 | 0.6 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 8m | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 6.21 | 14.56 | 18.92 |
| Expenses | 5.26 | 11.26 | 16.95 |
| Operating Profit | 0.95 | 3.3 | 1.97 |
| OPM % | 15.3 | 22.66 | 10.41 |
| Other Income | 0.06 | 0.5 | 0.61 |
| Interest | 0.17 | 0.43 | 0.31 |
| Depreciation | 0.44 | 0.87 | 0.98 |
| Profit before tax | 0.4 | 2.5 | 1.29 |
| Tax % | 20 | 25.6 | 25.58 |
| Net Profit | 0.32 | 1.87 | 0.97 |
| EPS in Rs | 4.72 | 5.02 | 1.82 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 0.68 | 3.73 | 5.33 |
| Reserves | 2.71 | 1.53 | 10.72 |
| Borrowings | 2.47 | 5.14 | 1.43 |
| Other Liabilities | 1.58 | 2.25 | 1.99 |
| Total Liabilities | 7.44 | 12.65 | 19.47 |
| Fixed Assets | 3.84 | 4.92 | 4.78 |
| CWIP | 0 | 0.11 | 1.24 |
| Investments | 0 | 0 | 1.5 |
| Other Assets | 3.6 | 7.62 | 11.95 |
| Total Assets | 7.44 | 12.65 | 19.47 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 0.5 | -0.47 | -2.71 |
| Cash from Investing Activity | -2.73 | -1.78 | -3.08 |
| Cash from Financing Activity | 2.23 | 2.25 | 5.8 |
| Net Cash Flow | 0 | 0 | 0.01 |
| Free Cash Flow | -2.06 | -2.53 | -4.67 |
| CFO/OP | 63 | -13 | -104 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 35.27 | 61.42 | 41.28 |
| Inventory Days | 132.07 | 161.06 | 246.09 |
| Days Payable | 124.79 | 64.84 | 36 |
| Cash Conversion Cycle | 42.54 | 157.64 | 251.37 |
| Working Capital Days | 65.24 | 61.67 | 161.09 |
| ROCE % | — | 36.04 | 11.48 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Promoters | 69.97% | 69.97% |
| FIIs | 0% | 0% |
| DIIs | 0% | 0% |
| Government | 0% | 0% |
| Public | 27.89% | 29.47% |
| Others | 2.14% | 0.56% |
| No. of Shareholders | 252 | 222 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 9 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 60.58 | Buy |
| EMA (10) | 60.5 | Buy |
| SMA (20) | 59.83 | Buy |
| EMA (20) | 60.05 | Buy |
| SMA (50) | 59.07 | Buy |
| EMA (50) | 59.45 | Buy |
| SMA (100) | 59.25 | Buy |
| EMA (100) | 59.36 | Buy |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.78 | Neutral |
| MACD (12,26,9) | 0.56 | Buy |
| Stochastic (14,3,3) | 45.19 | Neutral |
| ADX (14) | 16.2 | Neutral |
| Williams %R (14) | -47.31 | Neutral |
| ATR (14) | 2.25 | High Volatility |
| ROC (12) | 3.98 | Buy |
| Stoch RSI (14) | 52.63 | Neutral |
| UO (7,14,28) | 59.26 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Newspaper Publication Of Notice Of The Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f7f7a14-6047-426e-895f-702f7cd2d6e1.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf00f166-e427-414f-843d-45df2fe62270.pdf) |
| 2026-09-03 | [Submission Of Notice Of 03Rd Annual General Meeting To Be Held On Saturday September 26 2026 At 03:00 P.M. IST](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d01454d-00b7-43c9-aee4-25ed3a76e5a0.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb53921c-4a3d-43e5-b665-817f880cabe9.pdf) |
| 2026-09-03 | [Submission Of Cut-Off Dates For AGM - Eligibility For Notice Annual Report And Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15e24fb4-9dd6-4eb2-9db2-b1eca00b54a2.pdf) |
| 2026-09-02 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On September 02 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b52c4dc8-05b7-4cb5-81ea-bdda9c8f5fc6.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 25 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=995c05ec-5f1a-483c-b818-951b22cd51ea.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6820e973-85d1-4f05-a0b1-8551805321db.pdf) |
| 2026-08-18 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ab06b9a-87fd-46dc-824b-7b00dca549b4.pdf) |
| 2026-08-18 | [Confirmation About Non-Requirement For Exit Offer By Promoter Or The Shareholders In Control To Dissenting Shareholders Who Have Voted Against The Resolution](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fa59c70-9c2b-438a-b915-1de43d24a5c4.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-19 | [Audited Standalone Financial Results For The Half-Year And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4b5c8f3-cd50-4a10-b8f0-1f7b07b643eb.pdf) |
| 2025-11-12 | [Unaudited Financial Results For The Half-Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b88e165a-dc40-4b31-bd62-1c5694087dd8.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - Filed Regulation 74(5) certificate for quarter ended March 31, 2026; all shares remain in demat form. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Filed Regulation 74(5) certificate for quarter ended March 31, 2026; all shares remain in demat form.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c56de712-58d4-49cd-a2c8-227cfaf30907.pdf) |
| 6 Nov 2025 - Board meeting on Nov 12, 2025 to approve Unaudited H1 results (Sep 30, 2025); trading window closed Oct 17. | [Board Meeting Intimation for Prior Intimation Of Meeting Of Board Of Sihora Industries Limited 6 Nov 2025 - Board meeting on Nov 12, 2025 to approve Unaudited H1 results (Sep 30, 2025); trading window closed Oct 17.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94bba23d-6054-473c-ad67-5838f24bce29.pdf) |
| 23 Jan - Application filed 23 Jan 2026 to reclassify Algavista Greentech to public; 0 shares (0.00%). | [Intimation On Submission Of Application For Promoter Reclassification Under Regulation 31A(8)(C) Of SEBI (LODR) Regulations 2015 23 Jan - Application filed 23 Jan 2026 to reclassify Algavista Greentech to public; 0 shares (0.00%).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ec0bd7c-84ab-40af-910e-fee6b1c79871.pdf) |
| 22 Jan - Q3 revenue ₹116.82Cr, PBT ₹21.59Cr; interim dividend ₹3/share (record date 29 Jan 2026); CFO to resign effective 19 Mar 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 22 Jan - Q3 revenue ₹116.82Cr, PBT ₹21.59Cr; interim dividend ₹3/share (record date 29 Jan 2026); CFO to resign effective 19 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f657956-f5fc-4444-a120-4a3edf4d9503.pdf) |
| 13 Jan - Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended December 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/260cbfa1-c111-4605-b759-536f52b92cac.pdf) |
| 12 Nov 2025 - Unaudited H1 FY2025 results: Revenue ₹838.14L, Net profit ₹64.05L; internal auditor appointed for FY2025-26. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. On November 12, 2025 12 Nov 2025 - Unaudited H1 FY2025 results: Revenue ₹838.14L, Net profit ₹64.05L; internal auditor appointed for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/237ba4d5-6503-4f9b-8c72-051c56bdaa0c.pdf) |
| 12 Nov 2025 - Unaudited H1 FY2025 results: Revenue ₹838.14 lakh, PAT ₹64.05 lakh; internal auditor appointed for 2025-26. | [Unaudited Financial Results For The Half-Year Ended September 30, 2025 12 Nov 2025 - Unaudited H1 FY2025 results: Revenue ₹838.14 lakh, PAT ₹64.05 lakh; internal auditor appointed for 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b88e165a-dc40-4b31-bd62-1c5694087dd8.pdf) |
| 12 Nov 2025 - Board approved unaudited results for half-year ended 30 Sep 2025; net sales ₹838.14L; PAT ₹64.05L; internal auditor appointed. | [Appointment Of Internal Auditor Of The Company For The Financial Year 2025-26. 12 Nov 2025 - Board approved unaudited results for half-year ended 30 Sep 2025; net sales ₹838.14L; PAT ₹64.05L; internal auditor appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/40fde3c6-922d-4cdc-a995-5aa18bb3c1af.pdf) |
| — | [Closure of Trading Window 26 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab81537b-a293-4ee1-bf75-925703583781.pdf) |
| — | [Newspaper Publication On 23Rd January 2026 23 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f8a06532-0291-41c1-8049-3c09c156fd00.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_167_SHANTIGEAR_2012_2013_01072013121214.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/879f7122-2520-4e54-82bd-9ab09d101be0.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22cbd0b0-4851-47ec-ad88-990e5d208143.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecad5dee-8f19-4871-86e4-52c51d5fcd33.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/522034/73421522034.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/522034/68695522034.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/522034/5220340320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/522034/5220340319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/522034/5220340318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/522034/5220340317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C81C13AD_284B_4093_ACA8_104D32A4B1DB_085900.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:53:40.183Z.
