---
title: "Gem Spinners India Ltd (GEMSPIN) — Share Price, Financials & Analysis"
symbol: "GEMSPIN"
company: "Gem Spinners India Ltd"
canonical: "https://tapetide.com/stocks/GEMSPIN"
bse_code: "521133"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
generated_at: "2026-09-13T18:50:54.131Z"
---

# Gem Spinners India Ltd (GEMSPIN)

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

## Company

- **BSE Code:** 521133
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** gemspin.com

## About

Incorporated in 1994, Gem Spinners India Ltd is a manufacturer, trader and exporter of cotton yarn and grey fabrics

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 30% | 12% | 6% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.1 | 0.12 | 0.12 | 0.21 | 0.06 | 0.1 | 0.14 | 0.1 | 0.05 | 0.05 | 0.05 | 0.08 |
| Operating Profit | -0.1 | -0.12 | -0.12 | -0.21 | -0.06 | -0.1 | -0.14 | -0.1 | -0.05 | -0.05 | -0.05 | -0.08 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Profit before tax | -0.14 | -0.16 | -0.16 | -0.25 | -0.1 | -0.14 | -0.18 | -0.14 | -0.09 | -0.09 | -0.09 | -0.12 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.14 | -0.16 | -0.16 | -0.25 | -0.1 | -0.14 | -0.18 | -0.14 | -0.09 | -0.09 | -0.09 | -0.12 |
| EPS in Rs | -0.02 | -0.03 | -0.03 | -0.04 | -0.02 | -0.02 | -0.03 | -0.02 | -0.01 | -0.01 | -0.01 | -0.02 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.7 | 2.3 | 0.98 | 0.39 | 0.47 | 0.54 | 0.43 | 0.5 | 0.25 | 0.23 |
| Operating Profit | -0.7 | -2.3 | -0.98 | -0.39 | -0.47 | -0.54 | -0.43 | -0.5 | -0.25 | -0.23 |
| OPM % | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0.04 | 11.91 | 0.02 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.24 | 0.24 | 0.24 | 0.24 | 0.18 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 |
| Profit before tax | -0.9 | 9.37 | -1.2 | -0.62 | -0.65 | -0.7 | -0.59 | -0.66 | -0.41 | -0.39 |
| Tax % | 0 | 18.46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.9 | 7.65 | -1.19 | -0.61 | -0.65 | -0.7 | -0.58 | -0.66 | -0.41 | -0.39 |
| EPS in Rs | -0.15 | 1.25 | -0.19 | -0.1 | -0.11 | -0.11 | -0.09 | -0.11 | -0.07 | -0.05 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 | 30.69 |
| Reserves | -35.25 | -36.15 | -28.5 | -29.69 | -30.34 | -30.99 | -31.69 | -32.27 | -32.93 | -33.34 |
| Borrowings | 13 | 13.06 | 4.69 | 6.55 | 6.57 | 6.57 | 6.57 | 8.28 | 8.85 | 9.16 |
| Other Liabilities | 1.32 | 1.89 | 1.97 | 0.35 | 0.63 | 1.16 | 1.57 | 0.23 | 0.25 | 0.19 |
| Total Liabilities | 9.76 | 9.49 | 8.85 | 7.9 | 7.55 | 7.43 | 7.14 | 6.93 | 6.86 | 6.7 |
| Fixed Assets | 6.69 | 6.46 | 6.19 | 5.95 | 5.71 | 5.54 | 5.38 | 5.22 | 5.07 | 4.91 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.07 | 3.03 | 2.66 | 1.95 | 1.84 | 1.89 | 1.76 | 1.71 | 1.79 | 1.79 |
| Total Assets | 9.76 | 9.49 | 8.85 | 7.9 | 7.55 | 7.43 | 7.14 | 6.93 | 6.86 | 6.7 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.04 | 0 | -0.03 | 0.04 | -0.05 | 0.09 | -0.09 | -0.05 | -2.15 | -0.31 |
| Cash from Investing Activity | -0.04 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | 0.31 |
| Net Cash Flow | 0 | 0 | 0.01 | 0.04 | -0.05 | 0.09 | -0.09 | -0.05 | 0.06 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0.04 | -0.05 | 0.09 | -0.09 | -0.05 | -2.15 | -0.31 |
| CFO/OP | -5 | 0 | 1 | -4 | 13 | -19 | 17 | 12 | 430 | 124 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | — | — | — | — | — | — |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | — | — | — | — | — | — | — | — | — | — |
| Working Capital Days | — | — | — | — | — | — | — | — | — | — |
| ROCE % | -110.8 | -11.22 | 129.42 | -16.63 | -8.57 | -9.86 | -11.82 | -9.62 | -9.92 | -6.25 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.16% | 69.16% | 69.16% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% |
| DIIs | 20.35% | 20.35% | 20.35% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% |
| Public | 10.5% | 10.5% | 10.5% | 19.12% | 19.12% | 19.12% | 19.13% | 19.12% | 19.12% | 19.12% | 19.13% |
| No. of Shareholders | 29723 | 29720 | 29674 | 29677 | 29674 | 29667 | 29649 | 29589 | 29541 | 29514 | 29514 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% |
| DIIs | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% | 8.02% |
| Public | 19.12% | 19.12% | 19.12% | 19.12% | 19.13% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.13% |
| No. of Shareholders | 29635 | 29612 | 29589 | 29568 | 29554 | 29563 | 29541 | 29521 | 29524 | 29516 | 29514 | 29514 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5.3 | Sell |
| EMA (10) | 5.21 | Sell |
| SMA (20) | 5.71 | Sell |
| EMA (20) | 5.4 | Sell |
| SMA (50) | 5.32 | Sell |
| EMA (50) | 5.45 | Sell |
| SMA (100) | 5.36 | Sell |
| EMA (100) | 5.5 | Sell |
| SMA (200) | 5.76 | Sell |
| EMA (200) | 5.7 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.35 | Neutral |
| MACD (12,26,9) | -0.15 | Sell |
| Stochastic (14,3,3) | 3.29 | Buy |
| ADX (14) | 27.97 | Buy |
| Williams %R (14) | -97.51 | Buy |
| ATR (14) | 0.2 | High Volatility |
| ROC (12) | -21.82 | Sell |
| Stoch RSI (14) | 4.25 | Buy |
| UO (7,14,28) | 30.77 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 31 Aug - MD Mr. R. Veeramani remanded into police custody on 29 August 2026; outcome awaited. | [Announcement Under Regulation 30 31 Aug - MD Mr. R. Veeramani remanded into police custody on 29 August 2026; outcome awaited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06b6b792-a238-4e00-84df-5229d529bd47.pdf) |
| 29 Jun - Trading window closes from 1 July 2026 until 48 hours after Q1 FY2026 results. | [Closure of Trading Window 29 Jun - Trading window closes from 1 July 2026 until 48 hours after Q1 FY2026 results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecfffdbe-f1c7-4da0-a517-cc58594f16f0.pdf) |
| 2 Sep - Company explains delayed Regulation 30 disclosure and will file fresh details. | [Intimation Under Regulation 30 Of SEBI LODR 2 Sep - Company explains delayed Regulation 30 disclosure and will file fresh details.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f7ba3a1-2759-4272-9b4e-5a793d8ff7ff.pdf) |
| 15 Jul - Reg 74 (5) Compliance for the quarter ended 30th June 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jul - Reg 74 (5) Compliance for the quarter ended 30th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=383b1ea9-0059-4d5b-86d6-c097650cc797.pdf) |
| 14 Aug - Board approved Q1 FY27 results; AGM scheduled for 30 Sep 2026, with book closure from 24-30 Sep. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 14.08.2026 14 Aug - Board approved Q1 FY27 results; AGM scheduled for 30 Sep 2026, with book closure from 24-30 Sep.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=623f64e5-5c8f-4881-8ff5-3cf493259cfa.pdf) |
| 11 Aug - Board meeting on 14 August 2026 to approve Q1 FY27 unaudited financial results. | [Board Meeting Intimation for To Consider And Approve The Unaudited Financial Result For The Quarter Ended 30Th June 2026 11 Aug - Board meeting on 14 August 2026 to approve Q1 FY27 unaudited financial results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38b944b4-1331-4d19-a2e7-3b508f06af2e.pdf) |
| — | [Reg. 34 (1) Annual Report. 7 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94066dc8-00d6-4704-97ea-c159367e5e30.pdf) |
| — | [Annual General Meeting To Be Held On 30Th September 2026 7 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2a09f8f-d10a-41e2-8f97-671ae511f108.pdf) |
| — | [Financial Result For The Quarter Ended 30.06.2026 14 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1e61fa9-1b02-4d01-bdb1-4c6d32f29308.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2792cf98-c79b-4fbe-b085-31b39a26a49b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5459d08-9fcb-4c30-a139-e961c71ac54e.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d22131b4-6130-45b8-b7f2-52c8b5e18c18.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/74990521133.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/71073521133.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/68129521133_11_12_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/5211330319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/5211330318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/5211330317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/521133/5211330316.pdf) |

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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 2026-09-13T18:50:54.131Z.