| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 18 | 64 | 86 | 100 | 105 | 111 | 111 | 176 | 138 | 178 | 119 | 108 |
| Expenses | 14 | 52 | 77 | 85 | 95 | 109 | 104 | 159 | 136 | 167 | 119 | 111 |
| EBITDA | 4 | 12 | 9 | 14 | 10 | 3 | 7 | 16 | 2 | 11 | -0 | -3 |
| Operating Profit % | 22 % | 19 % | 10 % | 8 % | 6 % | 1 % | 5 % | 8 % | -0 % | 4 % | -2 % | -5 % |
| Depreciation | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 |
| Interest | 3 | 6 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 1 |
| Profit Before Tax | -0 | 2 | 3 | 8 | 4 | -5 | -0 | 10 | -4 | 5 | -6 | -9 |
| Tax | 1 | 2 | 0 | -1 | 2 | 1 | -1 | 3 | -1 | 2 | -1 | -1 |
| Net Profit | -1 | 0 | 3 | 9 | 2 | -6 | 1 | 7 | -3 | 4 | -4 | -6 |
| EPS in ₹ | -0.42 | 0.09 | 1.07 | 3.56 | 0.93 | -2.29 | 0.50 | 2.81 | -0.09 | 0.12 | -0.08 | -0.10 |
Akshar Spintex
Akshar Spintex
0.57
0.00
(0.00%)
Market Cap
44.90 Cr
EPS
-0.08
PE Ratio
-
Dividend Yield
0.00 %
Industry
Textiles52 Week High
1.70
52 Week Low
0.49
PB Ratio
0.53
Debt to Equity
0.19
Sector
Cotton/Blended
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
View All News
Akshar Spintex Limited's shareholders voted down the special resolution to appoint Harry Dineshbhai Paghdar as Managing Director at the Annual General Meeting held on August 25, 2025. The Board had initially appointed Paghdar as Additional Director and Managing Director on May 21, 2025, but required shareholder approval. Following the failed resolution, the Managing Director position became vacant after August 25, 2025. The company stated it will continue to assess and evaluate potential candidates for the role. Paghdar is the son of Mrs. Illaben D. Paghdar, who is a Director of the company.
Akshar Spintex Limited Approves Unaudited Quarterly Financial ResultsAug 07, 2025
Akshar Spintex Limited's Board of Directors approved the company's unaudited standalone financial results for the quarter ended June 30, 2025, during a meeting held on August 7, 2025. The results were accompanied by a limited review report from auditor HB Kalaria & Associates. The board meeting took place at the company's registered office in Haripar, Jamnagar, and lasted from 1:15 p.m. to 2:05 p.m. The Chief Finance Officer certified that the financial results do not contain false or misleading statements. The auditor's review noted that the company has not transferred unspent CSR amounts for non-ongoing projects to the specified fund within the required timeframe, but confirmed the company has no ongoing projects with unspent CSR funds.
Akshar Spintex Board Approves Annual Report, Director Appointments and Schedules 12th AGM for August 25
Aug 01, 2025
Aug 01, 2025Akshar Spintex Limited's Board of Directors approved the annual report for the year ended March 31, 2025, and made several key recommendations for shareholder approval. The Board recommended the reappointment of Harikrushna Samjibhai Chauhan as director, who is liable to retire by rotation. The Board also recommended regularizing the appointment of Harry Paghdar as Managing Director and Sureshkumar Chaturbhai Gajera as Independent Director. Additionally, the Board approved the appointment of D N Vora and Associates as Secretarial Auditors for five consecutive financial years from 2025-26 to 2029-30, and recommended Parsottambhai Vasoya's reappointment for a second five-year term. The company scheduled its 12th Annual General Meeting for August 25, 2025, at 3:00 PM via video conferencing, with remote e-voting available from August 22-24, 2025. The cut-off date for e-voting eligibility was set as August 18, 2025.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
28.69 | #1 14,620.30 | 33.35 | 7,047.20 | 2.63 | 371 | 89.45 | 48.80 | |
417.20 | 12,066.50 | 14.17 | #1 10,120.80 | 2.95 | #1 887 | -13.39 | 44.31 | |
269.06 | 5,328.90 | 25.95 | 4,190.90 | 16.39 | 246 | -51.41 | 53.05 | |
330.05 | 1,855.50 | #1 10.67 | 3,309.20 | 13.80 | 175 | -2.61 | 47.67 | |
705.10 | 1,112.90 | 80.95 | 637.49 | #1 48.06 | 17 | -17.39 | 60.43 | |
117.07 | 1,053.30 | 34.38 | 382.90 | 8.72 | 28 | 60.78 | 65.20 | |
1,420.70 | 813.40 | 13.53 | 728.60 | -13.90 | 66 | -26.05 | 45.77 | |
846.75 | 780.70 | 24.63 | 915.40 | 5.39 | -59 | #1 217.39 | 39.92 | |
207.84 | 749.60 | 30.31 | 3,284.56 | 7.90 | 12 | 142.42 | 42.39 | |
147.85 | 696.40 | - | 4,858.30 | 18.66 | -40 | 157.14 | 44.81 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
-33.11 %
Net Income Growth
-225.71 %
Cash Flow Change
-719.92 %
ROE
-164.04 %
ROCE
-143.72 %
EBITDA Margin (Avg.)
-102.16 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 70 | 72 | 75 | 79 | 85 | 74 | 73 | 93 | 76 | 74 | 98 |
| Fixed Assets | 54 | 58 | 56 | 52 | 49 | 50 | 46 | 43 | 39 | 39 | 37 |
| Current Assets | 16 | 14 | 18 | 25 | 29 | 23 | 25 | 49 | 36 | 32 | 58 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16 | 14 | 19 | 26 | 31 | 25 | 27 | 50 | 37 | 34 | 61 |
| Total Liabilities | 70 | 72 | 75 | 79 | 85 | 74 | 73 | 93 | 76 | 74 | 98 |
| Current Liabilities | 14 | 11 | 17 | 18 | 20 | 22 | 21 | 37 | 27 | 20 | 6 |
| Non Current Liabilities | 36 | 39 | 32 | 26 | 23 | 17 | 16 | 13 | 8 | 10 | 4 |
| Total Equity | 19 | 23 | 26 | 35 | 41 | 35 | 36 | 43 | 41 | 44 | 88 |
| Reserve & Surplus | -1 | -1 | 2 | 11 | 16 | 10 | 11 | 18 | 16 | 14 | 10 |
| Share Capital | 20 | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 | 30 | 79 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 1 | -2 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Investing Activities | -44 | -8 | -1 | -0 | -6 | -0 | -1 | -1 | -0 | -5 | -2 |
| Operating Activities | 10 | 12 | 6 | 7 | 9 | 8 | 6 | 3 | 10 | 5 | -30 |
| Financing Activities | 35 | -5 | -5 | -7 | -3 | -8 | -6 | -2 | -10 | -0 | 35 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | May 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Feb 2024 | Mar 2024 | Jun 2024 | Sept 2024 | Oct 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 46.06 % | 46.06 % | 47.07 % | 49.19 % | 50.49 % | 50.48 % | 50.60 % | 50.62 % | 43.75 % | 43.75 % | 43.75 % | 43.75 % | 37.57 % | 15.23 % | 12.04 % | 11.62 % | 0.72 % | 0.27 % | 0.27 % | 0.27 % | 0.27 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 43.23 % | 42.55 % | 40.97 % | 38.81 % | 41.37 % | 46.63 % | 41.12 % | 37.56 % | 45.88 % | 44.42 % | 46.48 % | 47.46 % | 55.02 % | 78.65 % | 82.20 % | 82.42 % | 96.09 % | 85.88 % | 93.30 % | 94.15 % | 94.12 % |
| Others | 10.70 % | 11.39 % | 11.96 % | 12.00 % | 8.14 % | 2.89 % | 8.28 % | 11.82 % | 10.38 % | 11.84 % | 9.77 % | 8.79 % | 7.40 % | 6.12 % | 5.76 % | 5.95 % | 3.19 % | 13.84 % | 6.42 % | 5.57 % | 5.61 % |
| No of Share Holders | 662 | 659 | 541 | 468 | 345 | 298 | 661 | 1,080 | 3,965 | 2,403 | 2,180 | 3,332 | 32,392 | 91,872 | 95,076 | 99,399 | 1,10,102 | 1,08,128 | 1,34,055 | 1,48,333 | 1,47,891 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 27 May 2023 |  Split | 1:10 | 31 Jul 2023 | 5.72 | 5.72 |
| 04 Jan 2024 |  Dividend | ₹ 0.01 /share | 04 Jan 2024 | 3.00 | 2.28 |
| 07 Feb 2024 |  Extraordinary General Meeting | NA | 07 Feb 2024 | 2.51 | 3.87 |
| 15 Feb 2024 |  Bonus | 1:5 | 15 Feb 2024 | 3.87 | 3.58 |
| 23 Aug 2024 |  Rights | 13:8 | 23 Aug 2024 | 1.31 | 1.46 |
| 28 Sept 2024 |  Annual General Meeting | NA | 28 Sept 2024 | 2.00 | 1.66 |
| 14 Nov 2024 |  Quarterly Result Announcement | NA | 14 Nov 2024 | 0.84 | 0.72 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 0.70 | 0.67 |
| 10 May 2025 | Quarterly Result Announcement | NA | 10 May 2025 | 0.58 | 0.56 |
| 07 Aug 2025 | Quarterly Result Announcement | NA | 07 Aug 2025 | 0.53 | 0.53 |
| 25 Aug 2025 | Annual General Meeting | NA | 25 Aug 2025 | 0.53 | 0.56 |
Announcements
Closure of Trading Window1 day ago
1 day agoBoard Meeting Outcome for Outcome Of Board Meeting For Noting Of Cession And Approval Of Cost Audit Report For Year Ended On 31.03.2025Sep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-CessationAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-CessationAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-CessationAug 27, 2025
Aug 27, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 25, 2025
Aug 25, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 08, 2025
Aug 08, 2025Integrated Financial Results For Quarter Ended On 30.06.2025Aug 07, 2025
Aug 07, 2025Board Meeting Outcome for Outcome Of Board Meeting For Declaration Of Financial Result For Quarter Ended On 30.06.2025Aug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 02, 2025
Aug 02, 2025Reg. 34 (1) Annual Report.Aug 01, 2025
Aug 01, 2025Notice Of 12Th Annual General MeetingAug 01, 2025
Aug 01, 2025Board Meeting Outcome for Outcome Of The Board Meeting For Approval Of Directors Report Notice Secretarial Report EtcAug 01, 2025
Aug 01, 2025Board Meeting Intimation for 1.Quarterly Financial Results For Quarter Ended On 30.06.2025
2. Any Other Business Matter With Permission Of The Chair If Any
Jul 30, 2025
Jul 30, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Intimation For Appointment Of Secretarial Auditor And Reappointment Of Cost AuditorJul 01, 2025
Jul 01, 2025Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerJun 30, 2025
Jun 30, 2025Board Meeting Outcome for Outcome Of Board Meeting Subject To Approval Of Resignation Of Company Secretary & Compliance Officer & Appointment Of Cost Auditor & Secretarial AuditorJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Board Meeting Intimation for To Consider And Approve Resignation Of Mr. Dheeraj Sahu Kumar Company Secretary And Compliance Officer And Re-Appointment Of M/S. Mitesh Suvagiya & Co. Practicing Cost Accountant As A Cost Auditor Of The Company For The FinaJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerJun 19, 2025
Jun 19, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorMay 21, 2025
May 21, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 21, 2025
May 21, 2025Board Meeting Outcome for Change In Management Structure .E. Appointment Of Mr Harry Paghdar & Mr Suresh Gajera As Additonal Director And Resignation Of Mr Brijeshkumar Patel & Sohil Kumar And Appointmenent Of MD & Reconstitute The CommitteeMay 21, 2025
May 21, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorMay 20, 2025
May 20, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorMay 19, 2025
May 19, 2025Board Meeting Intimation for Appointment Of Directors And Any Other Business MatterMay 15, 2025
May 15, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 12, 2025
May 12, 2025Integrated Filing (Financial)May 10, 2025
May 10, 2025Board Meeting Outcome for Outcome Of Board Meeting For Financial ResultsMay 10, 2025
May 10, 2025Board Meeting Intimation for Declaration For Consideration And Approval Of Audited Financial ResultsMay 03, 2025
May 03, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 09, 2025
Apr 09, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 09, 2025
Apr 09, 2025Board Meeting Outcome for Outcome Board MeetingApr 09, 2025
Apr 09, 2025Board Meeting Intimation for To Consider And Note The Resignation Of Mr Rohit Raval & Mr Keshvji MakhijaApr 05, 2025
Apr 05, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 05, 2025
Apr 05, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 02, 2025
Apr 02, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 02, 2025
Apr 02, 2025Closure of Trading WindowMar 27, 2025
Mar 27, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorMar 08, 2025
Mar 08, 2025Board Meeting Outcome for Revised OutcomeMar 08, 2025
Mar 08, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorMar 07, 2025
Mar 07, 2025Announcement under Regulation 30 (LODR)-Resignation of Managing DirectorMar 07, 2025
Mar 07, 2025Board Meeting Outcome for Outcome Of Board Meeting On 07.03. 2025 For Resignation Of Managing Director And Independent DirectorMar 07, 2025
Mar 07, 2025Board Meeting Intimation for Resignation Of Director And Managing DirectorFeb 28, 2025
Feb 28, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorFeb 25, 2025
Feb 25, 2025Announcement under Regulation 30 (LODR)-Resignation of Managing DirectorFeb 25, 2025
Feb 25, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 21, 2025
Feb 21, 2025Integrated Filing (Financial)Feb 17, 2025
Feb 17, 2025Technical Indicators
RSI(14)
Neutral 55.30
ATR(14)
Volatile 0.03
STOCH(9,6)
Neutral 51.11
STOCH RSI(14)
Neutral 58.57
MACD(12,26)
Bullish 0.00
ADX(14)
Strong Trend 27.94
UO(9)
Bullish 22.76
ROC(12)
Uptrend And Accelerating 3.64
WillR(14)
Neutral -50.00
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