Aastha Spintex Ltd.

•

₹ 73.03-0.4%

2026-08-21

aasthaspintex.comBSE: 544808NSE: AASTHA

Market Cap₹ 323 Cr.

Current Price₹ 73

High / Low₹ 140 / 70

Stock P/E0.0

Book Value₹ 76

Price to Book0.97

Dividend Yield0.00 %

ROCE22.8 %

ROE23.8 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

PROS

CONS

Operating cash flow has been negative in recent years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.24x)
Working capital days have increased from 41 to 78 days
Inventory has been piling up - inventory days up from 60 to 91

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

TextilesTextileTextile

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	PAGEIND	35400.00	0.00	39484.71	1.55	192.81	-3.98	1420.45	7.89	73.60	20.35
2.	KPRMILL	1122.45	42.05	38366.91	0.45	258.54	21.55	1935.52	14.77	20.16	19.37
3.	VTL	594.75	20.30	17216.57	0.84	314.56	51.46	2703.08	13.31	11.31	18.11
4.	WELSPUNLIV	181.25	61.68	17123.64	0.06	162.61	82.09	2795.45	23.66	15.04	11.53
5.	ARVIND	518.15	34.04	14095.79	0.87	57.77	5.61	2500.96	24.65	13.98	9.64
6.	MANYAVAR	542.75	32.73	13187.64	1.43	66.90	37.31	267.95	22.74	33.92	45.53
7.	PGIL	2410.95	35.88	11136.31	0.60	99.23	51.37	1528.26	24.46	22.42	10.72
8.	SWANCORP	302.25	42.38	9474.23	0.05	-35.99	-233.33	1013.75	-16.44	4.50	-0.38
9.	ICIL	444.15	58.30	8796.58	0.34	63.22	67.28	1206.96	25.89	8.73	11.88
10.	GARFIBRES	759.85	35.32	7419.81	1.18	64.60	21.56	482.37	31.35	20.98	18.70
11.	KUSUMGAR	565.70	60.48	5939.36	0.00	426.47	—	2472.47	—	26.15	30.50
12.	AASTHA	73.19	0.00	323.08	0.00	30.93	—	774.69	—	22.78	11.76

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2025	Jun 2025	Mar 2026	Jun 2026
	95	92	1,294	775
	84	89	1,192	732
Operating Profit	—	—	—	—
OPM %	—	—	—	—
Other Income	0	0	0	6
Interest	3	3	35	29
Depreciation	2	2	18	19
	11	3	102	48
Tax %	29.12%	27.92%	33.85%	35.82%
Net Profit	8	2	68	31
	0	0	2	1
Equity Capital	30	32	316	316
Reserves	92	0	1,287	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%
Equity Capital	30	32	316	316
Reserves	92	0	1,287	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%

Mar 2025

: 95
: 84
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 3
Depreciation: 2
: 11
Tax %: 29.12%
Net Profit: 8
: 0
Equity Capital: 30
Reserves: 92
Promoter Pledge %: 0.00%
Equity Capital: 30
Reserves: 92
Promoter Pledge %: 0.00%

Jun 2025

: 92
: 89
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 3
Depreciation: 2
: 3
Tax %: 27.92%
Net Profit: 2
: 0
Equity Capital: 32
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 32
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 1,294
: 1,192
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 35
Depreciation: 18
: 102
Tax %: 33.85%
Net Profit: 68
: 2
Equity Capital: 316
Reserves: 1,287
Promoter Pledge %: 0.00%
Equity Capital: 316
Reserves: 1,287
Promoter Pledge %: 0.00%

Jun 2026

: 775
: 732
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 29
Depreciation: 19
: 48
Tax %: 35.82%
Net Profit: 31
: 1
Equity Capital: 316
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 316
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025	TTM
	239	305	351	2,255
	225	268	301	2,097
Operating Profit	14	38	51	—
OPM %	6	12	14	—
Other Income	0	1	1	7
Interest	7	11	10	70
Depreciation	6	6	8	42
	1	21	33	165
Tax %	19	23	28	34
Net Profit	1	16	23	109
EPS	0	6	8	—
Dividend Payout %	0	0	0	—
Minority Interest	0	0	0	0
Share of Associates	0	0	0	0
Adjusted EPS	0	6	8	—
Minority Interest	0	0	0	0
Share of Associates	0	0	0	0
Adjusted EPS	0	6	8	—

Mar 2023

: 239
: 225
Operating Profit: 14
OPM %: 6
Other Income: 0
Interest: 7
Depreciation: 6
: 1
Tax %: 19
Net Profit: 1
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2024

: 305
: 268
Operating Profit: 38
OPM %: 12
Other Income: 1
Interest: 11
Depreciation: 6
: 21
Tax %: 23
Net Profit: 16
EPS: 6
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6

Mar 2025

: 351
: 301
Operating Profit: 51
OPM %: 14
Other Income: 1
Interest: 10
Depreciation: 8
: 33
Tax %: 28
Net Profit: 23
EPS: 8
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8

TTM

: 2,255
: 2,097
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 70
Depreciation: 42
: 165
Tax %: 34
Net Profit: 109
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 16%
Last Year:: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-
Equity Capital	27	27	29
	33	49	92
	22	26	50
Trade Payables	22	65	39
	69	73	65
Total Liabilities	173	241	276
ASSETS	-	-	-
	73	87	81
Capital Work in Progress	17	0	0
	44	56	119
	0	73	39
Cash & Bank	6	6	11
	32	18	26
Total Assets	173	241	276
Total Debt	81	83	95
Net Working Capital	16	34	75
Contingent Liabilities	2	2	2
Book Value per Share	21.97	27.97	41.12
Face Value	10.00	10.00	10.00
Total Debt	81	83	95
Net Working Capital	16	34	75
Contingent Liabilities	2	2	2
Book Value per Share	21.97	27.97	41.12
Face Value	10.00	10.00	10.00

Mar 2023

Equity Capital: 27
: 33
: 22
Trade Payables: 22
: 69
Total Liabilities: 173
: 73
Capital Work in Progress: 17
: 44
: 0
Cash & Bank: 6
: 32
Total Assets: 173
Total Debt: 81
Net Working Capital: 16
Contingent Liabilities: 2
Book Value per Share: 21.97
Face Value: 10.00
Total Debt: 81
Net Working Capital: 16
Contingent Liabilities: 2
Book Value per Share: 21.97
Face Value: 10.00

Mar 2024

Equity Capital: 27
: 49
: 26
Trade Payables: 65
: 73
Total Liabilities: 241
: 87
Capital Work in Progress: 0
: 56
: 73
Cash & Bank: 6
: 18
Total Assets: 241
Total Debt: 83
Net Working Capital: 34
Contingent Liabilities: 2
Book Value per Share: 27.97
Face Value: 10.00
Total Debt: 83
Net Working Capital: 34
Contingent Liabilities: 2
Book Value per Share: 27.97
Face Value: 10.00

Mar 2025

Equity Capital: 29
: 92
: 50
Trade Payables: 39
: 65
Total Liabilities: 276
: 81
Capital Work in Progress: 0
: 119
: 39
Cash & Bank: 11
: 26
Total Assets: 276
Total Debt: 95
Net Working Capital: 75
Contingent Liabilities: 2
Book Value per Share: 41.12
Face Value: 10.00
Total Debt: 95
Net Working Capital: 75
Contingent Liabilities: 2
Book Value per Share: 41.12
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025
	15	13	-19
Cash from Investing	-28	-4	-0
Cash from Financing	14	-9	24
	2	0	5
Free Cash Flow	15	9	-20
OCF / Net Profit	14.62	0.79	-0.80
Cumulative 5-Year FCF	0	0	0
OCF / Net Profit	14.62	0.79	-0.80
Cumulative 5-Year FCF	0	0	0

Mar 2023

: 15
Cash from Investing: -28
Cash from Financing: 14
: 2
Free Cash Flow: 15
OCF / Net Profit: 14.62
Cumulative 5-Year FCF: 0
OCF / Net Profit: 14.62
Cumulative 5-Year FCF: 0

Mar 2024

: 13
Cash from Investing: -4
Cash from Financing: -9
: 0
Free Cash Flow: 9
OCF / Net Profit: 0.79
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.79
Cumulative 5-Year FCF: 0

Mar 2025

: -19
Cash from Investing: -0
Cash from Financing: 24
: 5
Free Cash Flow: -20
OCF / Net Profit: -0.80
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.80
Cumulative 5-Year FCF: 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-
EPS (₹)	0.39	5.96	7.97
Book Value (₹)	21.97	27.97	41.12
Dividend per Share (₹)	0.00	0.00	0.00
Cash EPS (₹)	2.51	8.26	10.71
PROFITABILITY	-	-	-
Operating Margin %	6.06%	12.20%	14.20%
Net Margin %	0.44%	5.34%	6.69%
ROE %	1.76%	23.88%	23.79%
ROCE %	6.16%	21.14%	22.78%
	0.61%	7.87%	9.10%
EFFICIENCY	-	-	-
Debtor Days	23	52	58
Inventory Days	68	60	91
Payable Days	41	65	68
	50	47	81
FINANCIAL HEALTH	-	-	-
Debt to Equity (x)	1.35x	1.08x	0.78x
Interest Coverage (x)	1.18x	3.02x	4.22x
	1.23x	1.29x	1.64x
GROWTH	-	-	-
Revenue Growth %	0.00%	27.42%	15.19%
Operating Profit Growth %	0.00%	162.25%	33.85%
Net Profit Growth %	0.00%	1439.03%	44.27%
	0.00%	1439.03%	33.70%
VALUATION	-	-	-
P/E (x)	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%
	0.00x	2.73x	2.24x

Mar 2023

EPS (₹): 0.39
Book Value (₹): 21.97
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.51
Operating Margin %: 6.06%
Net Margin %: 0.44%
ROE %: 1.76%
ROCE %: 6.16%
: 0.61%
Debtor Days: 23
Inventory Days: 68
Payable Days: 41
: 50
Debt to Equity (x): 1.35x
Interest Coverage (x): 1.18x
: 1.23x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 5.96
Book Value (₹): 27.97
Dividend per Share (₹): 0.00
Cash EPS (₹): 8.26
Operating Margin %: 12.20%
Net Margin %: 5.34%
ROE %: 23.88%
ROCE %: 21.14%
: 7.87%
Debtor Days: 52
Inventory Days: 60
Payable Days: 65
: 47
Debt to Equity (x): 1.08x
Interest Coverage (x): 3.02x
: 1.29x
Revenue Growth %: 27.42%
Operating Profit Growth %: 162.25%
Net Profit Growth %: 1439.03%
: 1439.03%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 2.73x

Mar 2025

EPS (₹): 7.97
Book Value (₹): 41.12
Dividend per Share (₹): 0.00
Cash EPS (₹): 10.71
Operating Margin %: 14.20%
Net Margin %: 6.69%
ROE %: 23.79%
ROCE %: 22.78%
: 9.10%
Debtor Days: 58
Inventory Days: 91
Payable Days: 68
: 81
Debt to Equity (x): 0.78x
Interest Coverage (x): 4.22x
: 1.64x
Revenue Growth %: 15.19%
Operating Profit Growth %: 33.85%
Net Profit Growth %: 44.27%
: 33.70%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 2.24x

Shareholding Pattern

Numbers in percentages

TRADES

	Jul 2026
	53.21
	3.51
	2.32
Government	0.00
	40.96

Jul 2026

: 53.21
: 3.51
: 2.32
Government: 0.00
: 40.96

Documents

Announcements

Outcome of Board Meeting
2026-08-14 - Aastha Spintex Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Press Release
2026-08-03 - Aastha Spintex Limited has informed the Exchange regarding a press release dated August 03, 2026, titled "Announcement under SEBI Regulation 30 (LODR), 2015 - Press Release".

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls

Jul 2026
TranscriptPPTREC