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Akshar Spintex Ltd.
(AKSHAR)
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Rating:44Neutral
Price Target:
₹0.40
▼(-7.44% Downside)
Action:Reiterated
Date:08/24/26
The score is held down primarily by weak and unstable financial performance (recent losses and negative free cash flow despite low leverage). Technicals add further pressure with the stock trading below all key moving averages and a negative MACD. Valuation is not supportive due to a negative P/E driven by losses and no dividend yield data.
Positive Factors
Conservative leverage
Conservative leverage reduces refinancing pressure and preserves financial flexibility. This gives Akshar Spintex more capacity to manage textile-cycle volatility and fund operations without relying heavily on additional borrowing.
Negative Factors
Recurring losses and thin margins
Repeated swings into losses and negative operating and net margins indicate weak earnings durability. Thin gross margin leaves limited protection against higher input costs, pricing pressure, or lower capacity utilization.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Conservative leverage reduces refinancing pressure and preserves financial flexibility. This gives Akshar Spintex more capacity to manage textile-cycle volatility and fund operations without relying heavily on additional borrowing.
Read all positive factors
Akshar Spintex Ltd. (AKSHAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹330.74M
Dividend Yield0.23%
Average Volume (3M)280.52K
Price to Earnings (P/E)―
Beta (1Y)0.52
Revenue Growth14.24%
EPS Growth36.32%
CountryIN
Employees174
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Textiles
Share Statistics
EPS (TTM)-0.07
Shares Outstanding787,468,500
10 Day Avg. Volume291,337
30 Day Avg. Volume280,524
Financial Highlights & Ratios
PEG Ratio-0.34
Price to Book (P/B)0.39
Price to Sales (P/S)0.27
P/FCF Ratio-5.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Akshar Spintex Ltd. Business Overview & Revenue Model
Company Description
Akshar Spintex Ltd. is engaged in the business of manufacturing and trading of spun cotton yarn. Its products include Carded Yarn, Semi Combed Yarn, Combed Yarn, Sankar-6, MCU-5, MECH-1. The company was founded on June 19, 2013 and is headquartere...
How the Company Makes Money
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Akshar Spintex Ltd. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
66
Positive
Cash Flow
42
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.21B | 1.17B | 1.17B | 1.75B | 1.36B | 1.73B |
| Gross Profit | 48.51M | 20.68M | 59.99M | 143.84M | 68.22M | 224.21M |
| EBITDA | -2.55M | -8.39M | -1.49M | 106.60M | 17.43M | 163.24M |
| Net Income | -55.55M | -73.89M | -44.48M | 34.55M | -27.64M | 70.24M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 957.62M | 981.13M | 738.58M | 764.41M | 960.39M |
| Cash, Cash Equivalents and Short-Term Investments | 14.67M | 14.67M | 27.99M | 98.00K | 174.00K | 500.00K |
| Total Debt | 0.00 | 50.34M | 59.41M | 189.80M | 176.74M | 256.46M |
| Total Liabilities | -808.64M | 148.99M | 99.02M | 299.75M | 357.99M | 528.05M |
| Stockholders Equity | 808.64M | 808.64M | 882.12M | 438.83M | 406.42M | 432.34M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -56.02M | -320.81M | 1.57M | 96.02M | 5.21M |
| Operating Cash Flow | 0.00 | 74.12M | -295.72M | 47.71M | 98.36M | 19.12M |
| Investing Cash Flow | 0.00 | -78.37M | -22.59M | -45.05M | -1.80M | -1.90M |
| Financing Cash Flow | 0.00 | -9.07M | 346.20M | -2.74M | -96.89M | -17.61M |
Akshar Spintex Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | ₹338.37M | -51.59 | ― | 1.84% | 7.31% | 73.40% | |
48 Neutral | ₹380.05M | -7.37 | ― | ― | -4.09% | 67.81% | |
47 Neutral | ₹165.45M | -0.06 | ― | ― | -94.63% | 27.60% | |
45 Neutral | ₹235.44M | -8.22 | ― | 3.57% | -30.67% | -22908.11% | |
44 Neutral | ₹330.74M | -5.92 | ― | 0.23% | 14.24% | 36.32% |
* General Sector Average
IN:AKSHAR
Akshar Spintex Ltd.
0.42
-0.13
-23.64%
IN:LAXMICOT
Laxmi Cotspin Ltd.
13.38
-11.33
-45.85%
IN:MOHITIND
Mohit Industries Limited
23.88
-9.08
-27.55%
IN:MORARJEE
Morarjee Textiles Limited
9.50
-0.12
-1.25%
IN:SUPERSPIN
Super Spinning Mills Limited
7.05
-2.12
-23.12%
IN:WINSOME
Winsome Yarns Ltd
2.34
-707.66
-99.67%
Akshar Spintex Ltd. Corporate Events
Akshar Spintex Closes Trading Window Ahead of Q1 FY27 Results
Jun 27, 2026
Akshar Spintex Ltd. has announced the closure of its trading window for promoters, directors, key managerial personnel, designated employees, connected persons, and their immediate relatives from 1 July 2026 until 48 hours after the declaration of...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.