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Spentex Industries Limited
(CLCIND)
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Rating:46Neutral
Price Target:
₹20.00
▲(614.29% Upside)
Action:Upgraded
Date:07/02/26
The score is held down primarily by weak financial performance: persistent losses, negative operating/free cash flow, and an extremely leveraged balance sheet with a very thin equity base. Technicals provide some offset due to strong momentum (price above key moving averages and positive MACD), but overbought signals (RSI ~93.6; Stoch 100) add near-term risk. Valuation is constrained by negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Revenue and Margin Recovery
A rebound in revenue paired with a meaningful gross margin uptick indicates improved demand and better cost-management or pricing pass-through. These trends are durable signals that product demand and unit economics are moving toward stabilization, supporting a path to sustained profitability if maintained.
Negative Factors
Extremely High Leverage
An almost nonexistent equity cushion with debt towering over equity creates a structural solvency risk and limits financial flexibility. High leverage increases interest and refinancing vulnerability, constrains capital investment capacity, and amplifies downside risk from any demand or margin shock over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Margin Recovery
A rebound in revenue paired with a meaningful gross margin uptick indicates improved demand and better cost-management or pricing pass-through. These trends are durable signals that product demand and unit economics are moving toward stabilization, supporting a path to sustained profitability if maintained.
Read all positive factors
Spentex Industries Limited (CLCIND) vs. iShares MSCI India ETF (INDA)
Market Cap
₹222.86M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)0.06
Revenue Growth500.04%
EPS Growth90.86%
CountryIN
Employees24
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Textiles
Share Statistics
EPS (TTM)-8.43
Shares Outstanding10,394,680
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)14.69
Price to Sales (P/S)0.05
P/FCF Ratio-1.68
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
Spentex Industries Limited Business Overview & Revenue Model
Company Description
CLC Industries Limited, a textile company, engages in the manufacture and trading of synthetic and cotton yarns in India. The company was formerly known as Spentex Industries Limited and changed its name to CLC Industries Limited in July 2018. CLC...
How the Company Makes Money
The company primarily makes money by manufacturing yarn (including cotton and blended yarn) and selling it to textile value-chain customers such as fabric/weaving and knitting units, garment manufacturers, and textile traders/exporters. Revenue is...
Spentex Industries Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Sep 2023 | Mar 2022 | Mar 2019 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.96B | 616.02M | 0.00 | 0.00 | 2.45B |
| Gross Profit | 218.23M | 17.68M | -100.17M | -614.00K | 363.36M |
| EBITDA | 5.07M | -394.51M | -249.48M | -21.11M | -75.41M |
| Net Income | -87.65M | -462.48M | -342.81M | -114.58M | -551.89M |
Balance Sheet | |||||
| Total Assets | 991.67M | 1.03B | 957.48M | 2.12B | 2.44B |
| Cash, Cash Equivalents and Short-Term Investments | 66.01M | 54.26M | 58.40M | 19.67M | 467.90M |
| Total Debt | 698.81M | 546.05M | 349.29M | 5.36B | 8.21B |
| Total Liabilities | 979.18M | 930.13M | 395.09M | 7.49B | 10.99B |
| Stockholders Equity | 12.49M | 100.09M | 562.38M | -5.37B | -8.55B |
Cash Flow | |||||
| Free Cash Flow | -109.23M | -283.76M | -78.85M | -44.27M | 60.54M |
| Operating Cash Flow | -82.53M | -217.49M | -55.14M | -44.27M | 68.23M |
| Investing Cash Flow | -2.43M | 50.00M | 576.17M | 89.00K | -3.51M |
| Financing Cash Flow | 96.22M | 163.85M | -481.56M | 0.00 | -73.87M |
Spentex Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | ₹13.96B | 156.27 | ― | 0.06% | ― | ― | |
57 Neutral | ₹1.92B | 18.82 | ― | 0.33% | 5.52% | -15.33% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹2.62B | 7.70 | ― | ― | 27.03% | -15.48% | |
50 Neutral | ₹7.62B | 41.27 | ― | 6.20% | 94.17% | ― | |
48 Neutral | ₹4.46B | 34.04 | ― | ― | ― | ― | |
46 Neutral | ₹222.86M | -6.11 | ― | ― | 500.04% | 90.86% |
* General Sector Average
IN:CLCIND
Spentex Industries Limited
21.44
-239.56
-91.79%
IN:ABCOTS
AB Cotspin India Ltd.
203.25
-237.15
-53.85%
IN:GLOSTERLTD
Gloster Ltd.
696.75
25.10
3.74%
IN:PASHUPATI
Pashupati Cotspin Ltd.
88.45
18.73
26.86%
IN:SHIVATEX
Shiva Texyarn Limited
148.00
-57.74
-28.06%
IN:RNBDENIMS
R&B Denims Ltd
9.72
-20.28
-67.60%
Spentex Industries Limited Corporate Events
CLC Industries Shuts Trading Window Ahead of June-Quarter Results
Jun 28, 2026
CLC Industries Limited has announced the closure of its trading window for directors, designated persons and other connected individuals from July 1, 2026, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’...
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.