Akshar Spintex Ltd. (IN:AKSHAR)
:AKSHAR
Top Page
Akshar Spintex Ltd.
(AKSHAR)
Select Model
Select Model
Rating:58Neutral
Price Target:
₹0.46
▼(-10.20% Downside)
Action:ReiteratedDate:04/10/26
The score is primarily held back by deteriorating profitability and negative free cash flow despite a strong equity-heavy balance sheet. Technicals show short-term improvement but the longer-term trend is still down, and the negative P/E underscores that current valuation is tied to losses rather than earnings strength.
Positive Factors
Strong balance sheet / low leverage
An equity-heavy capital structure with a 89.9% equity ratio and minimal debt (D/E ~0.07) provides durable financial resilience. This reduces solvency risk during textile cyclicality, preserves borrowing capacity for strategic investments, and gives time to repair operations without forced asset sales.
Negative Factors
Sharp revenue decline
A 33% year-over-year revenue drop is a material structural headwind: it reduces scale, erodes fixed-cost absorption, and can weaken customer relationships. Sustained top-line contraction undermines recovery prospects and makes restoring operating leverage and profitability more difficult over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet / low leverage
An equity-heavy capital structure with a 89.9% equity ratio and minimal debt (D/E ~0.07) provides durable financial resilience. This reduces solvency risk during textile cyclicality, preserves borrowing capacity for strategic investments, and gives time to repair operations without forced asset sales.
Read all positive factors
Akshar Spintex Ltd. (AKSHAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹362.24M
Dividend YieldN/A
Average Volume (3M)1.00M
Price to Earnings (P/E)―
Beta (1Y)0.87
Revenue Growth-31.38%
EPS Growth-2648.39%
CountryIN
Employees190
SectorBasic Materials
Sector Strength58
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.05
Shares Outstanding787,468,500
10 Day Avg. Volume974,883
30 Day Avg. Volume1,004,216
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.33
Price to Sales (P/S)0.25
P/FCF Ratio-0.90
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
Akshar Spintex Ltd. primarily makes money by manufacturing and selling yarn produced through its spinning operations. Revenue is generated from (1) sales of yarn to domestic and/or export customers in the textile value chain (e.g., weaving/knittin...
Akshar Spintex Ltd. Financial Statement Overview
Summary
Income Statement
60
Neutral
Balance Sheet
75
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.06B | 1.17B | 1.75B | 1.36B | 1.73B | 1.10B |
| Gross Profit | 138.39M | 59.99M | 143.84M | 68.22M | 224.21M | 213.25M |
| EBITDA | -27.57M | -1.49M | 106.60M | 17.43M | 163.24M | 64.87M |
| Net Income | -63.17M | -44.48M | 34.55M | -27.64M | 70.24M | 12.43M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 981.13M | 738.58M | 764.41M | 960.39M | 733.24M |
| Cash, Cash Equivalents and Short-Term Investments | 27.99M | 27.99M | 98.00K | 174.00K | 500.00K | 889.00K |
| Total Debt | 0.00 | 59.41M | 189.80M | 176.74M | 256.46M | 250.92M |
| Total Liabilities | -882.12M | 99.02M | 299.75M | 357.99M | 528.05M | 370.68M |
| Stockholders Equity | 882.12M | 882.12M | 438.83M | 406.42M | 432.34M | 362.57M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -320.81M | 1.57M | 96.02M | 5.21M | 56.24M |
| Operating Cash Flow | 0.00 | -295.72M | 47.71M | 98.36M | 19.12M | 61.44M |
| Investing Cash Flow | 0.00 | -22.59M | -45.05M | -1.80M | -1.90M | -5.09M |
| Financing Cash Flow | 0.00 | 346.20M | -2.74M | -96.89M | -17.61M | -56.58M |
Akshar Spintex Ltd. Technical Analysis
Neutral
0.51
Price Trends
0.45
Positive
0.49
Negative
0.53
Negative
Market Momentum
<0.01
Negative
54.70
Neutral
50.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AKSHAR, the sentiment is Neutral. The current price of 0.51 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.45, and below the 200-day MA of 0.53, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.70 is Neutral, neither overbought nor oversold. The STOCH value of 50.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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% | |
58 Neutral | ₹362.24M | -2.54 | ― | ― | -31.38% | -2648.39% | |
49 Neutral | ₹15.83B | 44.64 | ― | ― | 0.58% | ― | |
43 Neutral | ₹361.87M | -5.38 | ― | ― | ― | ― |
* Basic Materials Sector Average
IN:AKSHAR
Akshar Spintex Ltd.
0.46
-0.13
-22.03%
IN:INSILCO
Insilco Co. Ltd.
―
―
―
IN:JBFIND
JBF Industries Limited
―
―
―
IN:SUMEETINDS
Sumeet Industries Limited
30.07
11.47
61.67%
IN:TECILCHEM
TECIL Chemicals & Hydro Power Ltd
13.29
-26.44
-66.55%
IN:VIKASPROP
Vikas Proppant & Granite Limited
0.31
-0.09
-22.50%
Akshar Spintex Ltd. Corporate Events
Akshar Spintex Seeks Shareholder Nod via Postal Ballot for Independent Director Appointment
Jan 19, 2026
Akshar Spintex Ltd. has initiated a postal ballot process, conducted entirely through remote e-voting, to seek shareholder approval for a key board appointment in line with the Companies Act, 2013 and SEBI listing regulations. The company is askin...
Akshar Spintex Board Clears Postal Ballot to Ratify Director Appointments and Pay
Jan 19, 2026
Akshar Spintex Ltd.’s board, at its 19 January 2026 meeting, approved a postal ballot process to seek shareholder approval via remote e-voting for ratifying the appointment of Bhavin Jayantibhai Kothiya as a non-executive independent directo...
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.