Shiva Texyarn Limited (SHIVATEX) AI Stock Analysis

• Market Cap: ₹1.92B
• Dividend Yield: 0.33%
• Average Volume (3M): 343.00
• Price to Earnings (P/E): 36.6
• Beta (1Y): 0.52
• Revenue Growth: 15.16%
• EPS Growth: 780.57%
• Country: IN
• Employees: 1,614
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 1.26
• Shares Outstanding: 12,962,713
• 10 Day Avg. Volume: 265
• 30 Day Avg. Volume: 343
• PEG Ratio: -0.09
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 0.72
• P/FCF Ratio: 26.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ₹157.00 ▼(-14.21% Downside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is driven primarily by mixed financial performance—recent margin and cash-flow improvement offset by inconsistent revenue/profitability and notable leverage. Technical indicators are broadly neutral with negative MACD and a weaker longer-term trend, while valuation is reasonable on P/E but supported by a low dividend yield.

Positive Factors

Improved Gross Margin

A 49.25% gross margin in 2025 indicates materially better cost management and/or pricing power in core yarn operations. Sustained higher gross margins enhance operating leverage, support reinvestment and buffer against raw material or energy cost swings over the medium term.

Free Cash Flow Recovery

The rebound to positive free cash flow in 2025 shows improved conversion of earnings into cash. Durable FCF strengthens the firm's ability to pay down debt, fund maintenance or strategic capex, and reduces refinancing dependence, improving financial flexibility over coming quarters.

Return to Profitability & Earnings Growth

A positive ROE alongside double-digit revenue growth and strong EPS growth reflects improving operational performance and reinvestment returns. If these trends persist, they support internal funding for growth, validate management execution, and improve long-term solvency metrics.

Negative Factors

Elevated Leverage

A 0.78 debt-to-equity ratio represents notable leverage for a textile manufacturer, constraining balance-sheet flexibility. Elevated debt raises interest and refinancing risk, reducing room for discretionary investment and increasing vulnerability to demand or margin shocks over multiple quarters.

Inconsistent Revenue & Profitability

Historical inconsistency in revenue and profitability, including recent declines, indicates unstable demand capture or product-mix execution. This variability undermines predictability, complicates capacity planning and weakens the durability of margin improvements absent consistent top-line momentum.

Volatile Cash Flows

Prior negative free cash flow and ongoing cash-flow fluctuations point to operational volatility in converting sales into cash. Persistent swings can impair debt servicing, force reactive financing or cutbacks, and jeopardize the sustainability of recent cash-generation improvements.

Shiva Texyarn Limited Business Overview & Revenue Model

Company Description

Shiva Texyarn Limited manufactures and markets cotton yarn, and technical and other value-added textile products in India and internationally. It offers combed, carded, and compact yarns; slub and fancy yarns; quick dry products; quick fit products, including mattress protectors; and baby products under the Q-Club brand. The company also provides door, window, and shower curtains, as well as cushion covers; knitwear, light weight shells, seam sealed, multi layered, fleece and pile fabrics, and breathable film laminated garments; and extreme cold weather clothing, super high altitude mountaineering clothing, extreme cold weather combat glove systems, and internal and external frame rucksacks. In addition, it offers bedding range, such as sheets, duvet covets, and fleece blankets; kitchen articles comprising aprons, pot holders, and table cloths; bath, wipe, and swimming towels; acrylic coated, PU coating products, and art canvas and digital canvas products; and bags, such as sports and school bags, and girls and professional bags for camping and photography under the WULF name. The company was incorporated in 1980 and is based in Coimbatore, India. Shiva Texyarn Limited is a subsidiary of Vedanayagam Hospital Limited.

How the Company Makes Money

Shiva Texyarn Limited primarily makes money by manufacturing textile yarn and selling it to customers such as fabric manufacturers, garment makers, and other textile processors. Revenue is generated from (1) sale of finished yarn products, where earnings depend on volumes sold, product mix (e.g., different yarn specifications), and realized selling prices; and potentially (2) sale of other textile-related products/by-products if produced as part of its manufacturing process. Profitability is influenced by input costs (e.g., fiber/raw materials and energy), capacity utilization of its manufacturing facilities, and pricing dynamics in the yarn market. Specific revenue breakdown by segment, named major customers, or significant partnerships are not available in the provided prompt; null.

Shiva Texyarn Limited Financial Statement Overview

Summary

Mixed fundamentals: improved gross margin and better free cash flow in 2025, but revenue and profitability have been inconsistent over time. Leverage remains meaningful (debt-to-equity 0.78) with historical volatility in returns.

Income Statement

Shiva Texyarn Limited has shown inconsistent revenue growth over the years, with a decline in recent periods. The gross profit margin improved significantly in 2025 at 49.25%, indicating better cost management. However, net profit margin fluctuations, including a negative margin in previous years, suggest challenges in maintaining profitability. The EBIT and EBITDA margins experienced volatility, reflecting operational issues.

Balance Sheet

The debt-to-equity ratio has been high, indicating substantial leverage, which poses a financial risk. In 2025, the company had a debt-to-equity ratio of 0.78, showing some improvement but still reflecting significant debt levels. The equity ratio indicates moderate financial stability with 44.63% in 2025. Return on Equity (ROE) was positive in 2025 at 8.89%, signaling a return to profitability, but historical fluctuations indicate potential instability.

Cash Flow

The company exhibited a strong improvement in free cash flow in 2025, rebounding from negative figures in 2024. Operating cash flow to net income ratio was healthy in 2025, demonstrating efficient cash generation relative to net income. The free cash flow to net income ratio has improved, reflecting better cash management practices. However, fluctuations in cash flows over the years indicate potential volatility in operational efficiency.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.38B	3.22B	3.34B	4.11B	4.75B	3.40B
Gross Profit	1.70B	1.60B	822.40M	1.22B	1.25B	1.02B
EBITDA	373.65M	359.44M	114.73M	243.82M	564.67M	499.58M
Net Income	131.62M	120.63M	-107.67M	-66.40M	200.12M	122.81M
Balance Sheet
Total Assets	0.00	3.04B	2.89B	3.08B	3.44B	3.10B
Cash, Cash Equivalents and Short-Term Investments	9.46M	27.40M	16.89M	7.18M	12.73M	21.21M
Total Debt	0.00	1.06B	1.05B	1.04B	1.41B	1.21B
Total Liabilities	-1.36B	1.68B	1.66B	1.74B	2.01B	1.86B
Stockholders Equity	1.36B	1.36B	1.23B	1.34B	1.42B	1.24B
Cash Flow
Free Cash Flow	0.00	88.90M	-31.50M	396.35M	-56.56M	573.82M
Operating Cash Flow	0.00	133.36M	37.83M	671.76M	197.86M	686.55M
Investing Cash Flow	0.00	-33.80M	50.53M	-55.83M	-258.93M	163.88M
Financing Cash Flow	0.00	-101.99M	-120.82M	-638.47M	52.59M	-842.22M

Shiva Texyarn Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 183.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHIVATEX, the sentiment is Negative. The current price of 183 is above the 20-day moving average (MA) of 161.66, above the 50-day MA of 169.21, and below the 200-day MA of 185.67, indicating a bearish trend. The MACD of -5.45 indicates Positive momentum. The RSI at 38.97 is Neutral, neither overbought nor oversold. The STOCH value of 25.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SHIVATEX.

Shiva Texyarn Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LAMBODHARA	69 Neutral	₹1.06B	13.04	―	0.42%	13.13%	-2.13%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SHIVATEX	59 Neutral	₹1.92B	36.61	―	0.33%	15.16%	780.57%
MARALOVER	47 Neutral	₹1.68B	8.66	―	―	-0.90%	-304.07%
BASML	44 Neutral	₹1.66B	22.90	―	―	-8.50%	―
SUPERSPIN	42 Neutral	₹304.15M	9.82	―	―	-9.14%	-16.81%

Shiva Texyarn Limited Corporate Events

Shiva Texyarn Board Clears Q3 and Nine-Month FY26 Unaudited Results

Shiva Texyarn Limited’s board has approved the company’s unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, in compliance with SEBI’s listing regulations. The filing shows continued revenue generation and profitability, with detailed disclosure of income, expenses, tax charges and earnings per share, and includes a limited review report from the company’s statutory auditors, underscoring regulatory compliance and providing investors and other stakeholders with updated visibility into the company’s financial performance ahead of the annual results.