Akshar Spintex Ltd. (IN:AKSHAR)
:AKSHAR
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Akshar Spintex Ltd.
(AKSHAR)
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Rating:47Neutral
Price Target:
₹0.48
▼(-5.29% Downside)
Action:Reiterated
Date:05/24/26
The score is held back primarily by weak and volatile financial performance—recurring losses, unstable margins, and negative free cash flow—despite a comparatively conservative balance sheet. Technical indicators are neutral with mild improvement, but valuation is constrained by loss-making earnings (negative P/E) and no indicated dividend support.
Positive Factors
Conservative balance sheet
Low leverage and a conservative capital structure materially reduce refinancing and solvency risk, giving management durable flexibility to fund operations or invest when margins recover. That structural safety buffer supports continuity through apparel cyclicality and execution cycles.
Negative Factors
Recurring losses & weak margins
Chronic swings into meaningful operating and net losses indicate weak earnings durability and cost structure issues. Persistent unprofitability erodes reinvestment capacity, limits ability to build margin tailwinds, and raises long-term financing and viability concerns absent structural margin fixes.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage and a conservative capital structure materially reduce refinancing and solvency risk, giving management durable flexibility to fund operations or invest when margins recover. That structural safety buffer supports continuity through apparel cyclicality and execution cycles.
Read all positive factors
Akshar Spintex Ltd. (AKSHAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹370.11M
Dividend YieldN/A
Average Volume (3M)1.00M
Price to Earnings (P/E)―
Beta (1Y)0.81
Revenue Growth0.44%
EPS Growth-13.79%
CountryIN
Employees190
SectorBasic Materials
Sector Strength58
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.12
Shares Outstanding787,468,500
10 Day Avg. Volume974,883
30 Day Avg. Volume1,004,216
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 Limited engages in the manufacturing and trading of spun cotton yarns primarily in India. It offers cotton, organic and BCI certified cotton, viscose, modal, and excel fiber products; carded, semi combed, and combed cotton yarns; an...
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 | 1.06B | 1.17B | 1.17B | 1.75B | 1.36B | 1.73B |
| Gross Profit | 138.39M | 20.68M | 59.99M | 143.84M | 68.22M | 224.21M |
| EBITDA | -27.57M | -46.53M | -1.49M | 106.60M | 17.43M | 163.24M |
| Net Income | -63.17M | -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 | 27.99M | 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 | -882.12M | 148.99M | 99.02M | 299.75M | 357.99M | 528.05M |
| Stockholders Equity | 882.12M | 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. Technical Analysis
Negative
0.51
Price Trends
0.46
Positive
0.47
Negative
0.52
Negative
Market Momentum
<0.01
Positive
43.96
Neutral
37.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AKSHAR, the sentiment is Negative. The current price of 0.51 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.46, and below the 200-day MA of 0.52, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.96 is Neutral, neither overbought nor oversold. The STOCH value of 37.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AKSHAR.
Akshar Spintex Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | ₹14.82B | 15.48 | ― | ― | -0.36% | 79.24% | |
47 Neutral | ₹370.11M | -4.85 | ― | ― | 0.44% | -13.79% | |
43 Neutral | ₹361.87M | -5.70 | ― | ― | ― | ― |
* Basic Materials Sector Average
IN:AKSHAR
Akshar Spintex Ltd.
0.46
-0.15
-24.59%
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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.