Textile - Spinning
60 recent notes from companies in this sector. 20 companies tracked.
True Green Bio Energy promoters barred from markets for 4 years
SEBI fines Savitridevi Chiripal and Vedprakash Chiripal ₹5 lakh each and bans them from trading for four years. The company says it sees no material impact.
Kiran Syntex to absorb Gujarat Kiran Polytex in 14.857:1 share swap
Merger creates a combined textile entity with ₹44.5 cr revenue and ₹7.6 cr net worth. Share count quadruples to 1.65 crore.
Trident board to mull employee stock plan on July 6
Board will recommend an employee stock option plan; details on grant size, dilution, and exercise price not yet disclosed.
Suryavanshi promoter buys 5% stake in bet on turnaround
Rajender Kumar Agarwal acquired 2.4 lakh shares off-market, lifting his holding to 47.26%. The micro-cap spinner recently swung to profit after years of losses.
Suryaamba gets new company secretary as Ladha steps down
Kriti Ladha resigns for personal reasons; Suchita Dandekar, with nine months' experience, takes over from July 1. A routine governance change at the ₹34-cr nano-cap spinner.
Bannari Amman Spinning Mills gets outlook upgrade to Stable
CARE Ratings reaffirmed ratings at CARE BBB-/A3 while revising the long-term outlook from Negative to Stable, citing improved credit profile after FY26 audited numbers.
NCLAT halts Kallam Textiles insolvency, opens door for restructuring
The tribunal gives suspended directors four weeks to submit a plan to creditors. Equity holders get a second chance as the company stays operational.
Sumeet Industries lays out ₹199.75 cr rights issue use, guides 30% growth
The company allocates ₹100 cr to working capital and ₹49.90 cr to integrate the Nakoda plant, with explicit revenue guidance of ~₹1,370 cr in FY27 and nearly doubling in FY28, plus EBITDA margin targets of 5-6.5%.
PBM Polytex strike ends, BLP unit resumes full ops
Workers called off the 13-day illegal sit-down strike on June 15, allowing the plant to restart. The nano-cap textile firm did not disclose any financial impact from the disruption.
Mid India promoter Pradeep Ganediwal lifts stake to 19.70% via transmission
Following the death of fellow promoter Ranchhod Prasad Ganediwal, Pradeep Ganediwal acquired 5.25% equity, consolidating control in this nano-cap textile firm.
Sparkle Gold Rock's profit vaults but auditor flags governance gaps
Revenue surged to ₹11,157 lakh from ₹900 lakh, turning a ₹24.50 lakh loss into ₹414.58 lakh profit. Yet the auditor cites unauthorised related-party deals of ₹1,971 lakh in sales and ₹3,308 lakh in purchases.
PBM Polytex director since 1980, Hari Prasad Siotia, dies
A non-executive board member with no operational role. The nano-cap faces a procedural board vacancy.
A fund bought 6.4% of Pashupati Cotspin. The filing is 16 months late.
Open-market purchases made in February 2025 were only reported in June 2026. Investors traded on stale ownership data for over a year.
GTN Industries to dilute 14% of itself for ₹5.9 cr as losses widen
The nano-cap textile firm is raising fresh equity from seven non-promoter investors at ₹24 a share, a discount to the market. Shareholder approval is still needed.
PBM Polytex hit by illegal strike at key BLP Super Spinners unit
A sit-down strike halted all manufacturing at the site from the night of June 2. The company won't say how long it will last or what it will cost.
True Green Bio Energy clears FY26 financials after board delay
The company finalized its audited results on May 31, 2026, after a one-day postponement. Statutory auditors provided an unmodified opinion.
True Green Bio Energy delays Q4 results following board adjournment
The company postponed the sign-off on its audited FY26 results after a board meeting on May 30, with directors set to reconvene tomorrow.
Kiran Syntex is a ₹15 cr company now. It still isn't profitable.
The first full-year results after merging with Gujarat Kiran Polytex show scale. They don't show earnings.
Kakatiya Textiles posts ₹5 cr loss, net worth now negative
The nano-cap's accumulated losses have pushed net worth to -₹17.83 crore, while borrowings more than doubled to ₹41.23 crore in FY26.
Garware Synthetics' annual profit is just ₹36 lakhs. It lost money in Q4.
A sharp jump from ₹1.30 lakhs in FY25 is undermined by a final-quarter loss, raising questions about durability.
Kandagiri Spinning posts seventh straight going-concern qualification
Net worth has turned negative to Rs 1,050.67 lakhs. Liabilities are Rs 2,139.07 lakhs against assets of Rs 1,088.39 lakhs.
Garware Synthetics posts FY26 profit but closes year with a quarterly loss
Annual net profit surged to ₹36.22 lakhs from ₹1.30 lakhs a year ago, but the fourth quarter swung to a ₹9.41 lakhs loss.
Sumeet Industries posts ₹27.33 cr profit in first full year under Eagle Group
The polyester yarn maker's consolidated EBITDA rose to ₹60.77 crore on ₹1,053.81 crore revenue. Management is now adding capacity after the Nakoda asset acquisition.
Nagreeka Exports files routine FY26 results, no new information
A standard annual disclosure for a nano-cap; the filing includes no operational updates or guidance beyond prior intimation.
Hisar Spinning's annual profit rose 13%. The last quarter fell off a cliff.
Full-year net profit climbed to ₹3.31 crore, but Q4 profit collapsed 36% on a spike in material and power costs. The board skipped a dividend.
Indian Acrylics posts FY26 loss; auditors flag going-concern risk
Net worth has eroded to negative ₹147.68 cr. The auditor has raised a material uncertainty warning.
Indian Acrylics' auditor flags going-concern risk as net worth turns negative
Full-year revenue fell 26% to ₹230 cr, but the core issue is a balance sheet with negative net worth of ₹147.68 cr. The auditor's warning questions the company's ability to survive the next year.
Hisar Spinning's Q4 profit dropped 36% despite a full-year rise.
The nano-cap textile maker reported a full-year net profit of ₹3.31 crore, but its final-quarter earnings slipped sharply year-on-year.
Gujarat Hy-Spin profit falls 51% as revenue shrinks
The nano-cap textile maker's net profit dropped to ₹4.70 lakhs on ₹83.87 crore in revenue, leaving an almost non-existent margin of safety.
Pasari Spinning's auditor flags going-concern risk as CFO refuses to sign results
A court order forced the company out of its main premises in January, wiping out rental income. Statutory auditors now doubt its survival, and the CFO won't sign off.
Shree Manufacturing remains dormant with zero revenue for FY26
The nano-cap firm reported a net loss of ₹14.93 Lakhs for the fiscal year, confirming its continued lack of operational activity.
Gem Spinners remains dormant with no revenue for FY26
The company reported a net loss of ₹40.98 lakhs for the year, confirming its continued lack of operational activity.
APM Industries posts wider annual loss of ₹266 lakhs
The nano-cap manufacturer saw revenue contract to ₹27,031 lakhs as exceptional charges weighed on the bottom line.
APM Industries reports a net loss of ₹266 lakhs for FY26
The nano-cap company posted a quarterly loss of ₹352 lakhs, as asset disposals and employee provisions weighed on the full-year results.
Shiva Texyarn profit drops 17.5% as margin pressure hits textile unit
Annual results show revenue growth to ₹340.52 crore, but bottom-line performance slipped to ₹9.72 crore for FY26.
Shiva Texyarn confirms FY26 results and dividend
The company finalized its annual results and procedural board appointments. These figures and the dividend were already disclosed to the market.
Shiva Texyarn profit slips 17.5% despite revenue growth
Annual results show a profit decline to ₹9.72 crore as the board declares a dividend of ₹0.60 per share.
Sri Lakshmi Saraswathi Textiles pivots to real estate after losses
The textile firm reported its third straight year of losses, but a massive asset revaluation has pulled its net worth out of negative territory.
Raja Bahadur International swings to profit as project spending doubles
The real estate developer posted a net profit of ₹1.31 crore for FY26, reversing a prior-year loss, while ramping up capital work-in-progress to ₹185.07 crore.
Pioneer Embroideries profit drops as core business weakens
Annual standalone net profit fell to ₹65.54 lakh from ₹456.39 lakh. Q4 earnings relied on one-time gains to stay positive.
Pioneer Embroideries profit drops 86% as core business falters
Full-year profit fell to ₹65.54 lakh from ₹456.39 lakh, masking a Q4 standalone profit that relied entirely on one-time gains.
Raja Bahadur International reports routine FY26 results
The company reappointed its Chairman and Managing Director for a three-year term in a standard board outcome.
Super Spinning Mills posts ₹580 lakh annual loss; ₹8,324 lakh dispute unresolved
The formal annual filing confirms a full-year net loss and a large, unprovided electricity arrear.
Super Spinning's loss narrows, but an ₹83 cr power bill dwarfs its rent roll
Net loss fell to ₹5.80 crore as textiles exit continues. A disputed electricity claim of ₹83.24 crore is nearly 13x annual rental income.
Super Spinning's annual loss narrows. But an ₹83 cr power bill dispute looms.
The net loss fell to ₹5.80 cr as the textiles exit continues. A utility claim now dwarfs the company's revenue and market cap.
Pasupati Spinning's annual results are back. The auditor's land claim is too.
The FY26 numbers show profit growth, but they're old news. The unresolved land claim persists.
Pasupati profit doubles but auditor flags a bigger unpaid claim
Net profit jumped to ₹222 lakhs in FY26, but the auditors qualified the report over a ₹614.64 lakh land claim larger than the year's earnings.
GTN Textiles' impairment equals a year's revenue, equity turns negative
A ₹10.40 crore write-down on a Patspin India stake dwarfed GTN Textiles' ₹10.23 crore in annual revenue, sending its balance-sheet equity deep into the red.
GTN Textiles wrote off ₹10.40 cr on Patspin. That's nearly all its market value.
The write-down on its associate pushed total losses to ₹21.78 cr and negative equity to ₹35.90 cr. Revenue from its new trading business was ₹10.23 cr.
Adinath Textiles reports zero revenue, profit halves on shrinking other income
The nano-cap's sole income is ₹134.14 lakhs in other income. Its only operational line remains blank.
Deepak Spinners posts ₹3.64 cr profit, swings from FY25 loss
Revenue hit ₹534.16 crore in FY26. The results were in line with prior quarterly trends and anticipated by the market.
Patspin's auditors flag going-concern risk as losses mount
Full-year net loss was ₹1,140 lacs. Negative net worth stands at ₹9,643 lacs.
Patspin's auditors flag going-concern risk on ₹1,140 lacs full-year loss
The nano-cap's net loss for FY2026 is ₹1,140 lacs, and auditors have formally questioned its ability to continue as a going concern.
Ambika Cotton Mills reports steady growth in FY26 results
The company posted an 11.2% rise in annual revenue to ₹780.95 crore, maintaining a stable dividend payout of ₹37 per share.
Ambika Cotton Mills posts 11% revenue growth for FY26
The company reported a net profit of ₹71.56 crore and maintained its dividend payout at ₹37 per share.
Shekhawati Industries buys land in Karjat for expansion
The company disclosed a land acquisition in Maharashtra's Karjat region, though it omitted all financial details including cost and size.
Suryalata's profit triples but the numbers were already out
Standalone PAT surged to ₹28.94 cr, a near-tripling, but the filing is a formal restatement of results already disclosed.
Suryalata's profit jumped 195%. The bulk was a one-off government check.
Standalone PAT surged to ₹28.94 cr, but ₹12.98 cr was a one-time T-TAP reimbursement. Revenue declined.
Trident's CFO quits with three weeks' notice and no successor lined up
Avneesh Barua, the finance chief at the mid-cap conglomerate, has resigned for personal reasons, leaving a key managerial role vacant on May 29.
Vippy Spinpro triples debt to ₹112 cr to bankroll expansion
The textile maker doubled its balance sheet after a massive capex push, while year-end performance showed a quarterly revenue surge.