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Last Updated: April 2, 2026, 4:02 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 541303 | NSE: AKSHAR

Akshar Spintex Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹0.89Undervalued by 122.50%vs CMP ₹0.40

P/E (15.0) × ROE (6.7%) × BV (₹1.08) × DY (2.00%)

Defaults: P/E=15

₹0.72Undervalued by 80.00%vs CMP ₹0.40
MoS: +44.4% (Strong)Confidence: 40/100 (Low)Models: 3 Under, 1 Fair, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹0.8634%Under (+115%)
Net Asset ValueAssets₹1.0820%Under (+170%)
EV/EBITDAEnterprise₹0.2417%Over (-40%)
ROCE CapitalReturns₹0.4214%Fair (+5%)
Revenue MultipleRevenue₹0.7415%Under (+85%)
Consensus (5 models)₹0.72100%Undervalued
Key Drivers: Wide model spread (₹0–₹1) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -3.6% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

40
Akshar Spintex Ltd scores 40/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health45/100 · Moderate
ROCE 6.0% WeakROE 6.7% AverageD/E 0.51 ModerateInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 0.3% Stable
Earnings Quality40/100 · Moderate
OPM stable around 1% SteadyWorking capital: 154 days Capital intensive
Quarterly Momentum25/100 · Weak
Revenue (4Q): -16% YoY DecliningOPM: -14.8% (down 6.1% YoY) Margin pressure
Industry Rank40/100 · Moderate
ROCE 6.0% vs industry 9.2% Average3Y sales CAGR: -12% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:02 am

Market Cap 31.5 Cr.
Current Price 0.40
Intrinsic Value₹0.72
High / Low 0.76/0.36
Stock P/E
Book Value 1.08
Dividend Yield0.00 %
ROCE6.01 %
ROE6.72 %
Face Value 1.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Akshar Spintex Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Mohite Industries Ltd 44.2 Cr. 2.20 4.72/1.8115.8 5.710.00 %7.87 %4.83 % 1.00
Hisar Spinning Mills Ltd 19.3 Cr. 51.7 67.1/40.75.25 71.30.00 %15.1 %12.2 % 10.0
Rudra Ecovation Ltd 198 Cr. 16.6 55.5/14.0 9.080.00 %3.03 %5.73 % 1.00
H P Cotton Textile Mills Ltd 41.6 Cr. 106 132/82.012.7 45.70.00 %19.2 %17.1 % 10.0
Gujarat Hy-Spin Ltd 11.4 Cr. 6.83 27.5/6.19127 11.20.00 %4.09 %0.52 % 10.0
Industry Average3,322.90 Cr165.80474.26127.360.51%9.16%7.98%7.02

All Competitor Stocks of Akshar Spintex Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 31.0337.3938.4543.5744.8048.1337.0223.1925.9730.5826.1922.3434.35
Expenses 29.8134.9836.6941.7442.9945.7935.0724.4828.2131.4126.7122.6139.42
Operating Profit 1.222.411.761.831.812.341.95-1.29-2.24-0.83-0.52-0.27-5.07
OPM % 3.93%6.45%4.58%4.20%4.04%4.86%5.27%-5.56%-8.63%-2.71%-1.99%-1.21%-14.76%
Other Income 0.750.740.870.860.520.700.640.390.390.850.500.471.62
Interest 0.480.400.300.360.290.390.360.320.280.130.120.110.10
Depreciation 1.071.071.071.071.071.121.151.171.161.161.591.691.82
Profit before tax 0.421.681.261.260.971.531.08-2.39-3.29-1.27-1.73-1.60-5.37
Tax % -11.90%-104.17%28.57%28.57%27.84%37.25%41.67%-33.05%-29.18%-10.24%-28.32%23.12%-29.42%
Net Profit 0.473.440.900.900.700.960.63-1.60-2.33-1.14-1.24-1.97-3.80
EPS in Rs 0.010.040.010.010.010.010.01-0.02-0.03-0.01-0.02-0.03-0.05

Last Updated: March 3, 2026, 12:35 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 5:16 pm

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 15588693101109110172136175117113
Expenses 1350778595108104159136167119120
Operating Profit 289861513-08-2-7
OPM % 14%14%10%8%6%1%5%8%-0%4%-2%-6%
Other Income 010642132323
Interest 123233332110
Depreciation 144444444456
Profit before tax 03384-5-010-45-6-10
Tax % 282%23%4%-6%42%25%-789%27%-34%31%-24%
Net Profit -13392-617-33-4-8
EPS in Rs -0.010.040.030.110.03-0.070.020.09-0.040.04-0.06-0.11
Dividend Payout % 0%0%0%0%0%0%0%0%0%9%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)400.00%0.00%200.00%-77.78%-400.00%116.67%600.00%-142.86%200.00%-233.33%
Change in YoY Net Profit Growth (%)0.00%-400.00%200.00%-277.78%-322.22%516.67%483.33%-742.86%342.86%-433.33%

Akshar Spintex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:23%
5 Years:1%
3 Years:-12%
TTM:-39%
Compounded Profit Growth
10 Years:%
5 Years:4%
3 Years:%
TTM:-298%
Stock Price CAGR
10 Years:%
5 Years:-19%
3 Years:-74%
1 Year:-69%
Return on Equity
10 Years:4%
5 Years:2%
3 Years:-2%
Last Year:-7%

Last Updated: September 5, 2025, 2:11 pm

Balance Sheet

Last Updated: December 4, 2025, 2:19 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 202424242525252525307979
Reserves -1221116101118161496
Borrowings 4544423733282526181965
Other Liabilities 647711111224181146
Total Liabilities 707575798574739376749896
Fixed Assets 545856524950464339393738
CWIP 000050000000
Investments 000000000000
Other Assets 171719263124275037346158
Total Assets 707575798574739376749896

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1012679863105-30
Cash from Investing Activity + -44-8-1-0-5-0-1-1-0-4-2
Cash from Financing Activity + 35-5-5-7-3-8-6-2-10-035
Net Cash Flow 1-2-000-0-0-0-0-03
Free Cash Flow -333473862100-32
CFO/OP 469%151%69%91%152%1,161%123%30%-2,329%63%1,235%

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-43.00-36.00-33.00-29.00-27.00-27.00-20.00-13.00-18.00-11.00-8.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 501324201815102331024
Inventory Days 153785663614065885360155
Days Payable 1061121172721313645218
Cash Conversion Cycle 97806066523444544150171
Working Capital Days -332852831115262325154
ROCE %9%8%15%9%-2%4%19%-4%11%-6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 43.74%43.74%43.75%37.57%12.04%11.62%0.72%0.27%0.27%0.27%0.27%0.27%
FIIs 0.00%0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 56.25%56.25%56.26%62.41%87.96%88.38%99.28%99.72%99.72%99.72%99.72%99.71%
No. of Shareholders 2,4032,1803,33232,39295,07699,3991,10,1021,34,0551,48,3331,47,8911,47,5191,44,736

Shareholding Pattern Chart

No. of Shareholders

Akshar Spintex Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.0010.0010.0010.00
Basic EPS (Rs.) -0.080.12-1.112.790.50
Diluted EPS (Rs.) -0.080.12-1.112.790.50
Cash EPS (Rs.) 0.000.250.604.472.15
Book Value[Excl.RevalReserv]/Share (Rs.) 1.121.4616.2617.2914.50
Book Value[Incl.RevalReserv]/Share (Rs.) 1.121.4616.2617.2914.50
Dividend / Share (Rs.) 0.000.010.000.000.00
Revenue From Operations / Share (Rs.) 1.485.8354.2268.8543.82
PBDIT / Share (Rs.) 0.000.350.716.562.59
PBIT / Share (Rs.) -0.060.21-0.984.870.93
PBT / Share (Rs.) -0.070.16-1.683.85-0.07
Net Profit / Share (Rs.) -0.050.11-1.112.790.49
PBDIT Margin (%) -0.126.101.329.525.91
PBIT Margin (%) -4.103.62-1.827.072.13
PBT Margin (%) -5.032.86-3.095.58-0.16
Net Profit Margin (%) -3.801.97-2.034.051.13
Return on Networth / Equity (%) -5.047.87-6.8016.133.42
Return on Capital Employeed (%) -5.1811.87-5.0320.524.44
Return On Assets (%) -4.534.67-3.617.261.69
Long Term Debt / Equity (X) 0.040.200.200.260.37
Total Debt / Equity (X) 0.060.430.430.590.51
Asset Turnover Ratio (%) 1.362.331.572.031.48
Current Ratio (X) 9.911.581.311.421.23
Quick Ratio (X) 2.580.390.670.510.47
Inventory Turnover Ratio (X) 3.498.444.675.026.48
Dividend Payout Ratio (NP) (%) 0.007.230.000.000.00
Dividend Payout Ratio (CP) (%) 0.003.200.000.000.00
Earning Retention Ratio (%) 0.0092.770.000.000.00
Cash Earning Retention Ratio (%) 0.0096.800.000.000.00
Interest Coverage Ratio (X) -0.138.011.056.402.57
Interest Coverage Ratio (Post Tax) (X) -3.083.59-0.603.721.49
Enterprise Value (Cr.) 42.5285.27170.08165.5941.79
EV / Net Operating Revenue (X) 0.360.481.250.960.38
EV / EBITDA (X) -285.157.9894.6410.106.45
MarketCap / Net Operating Revenue (X) 0.330.371.120.810.21
Retention Ratios (%) 0.0092.760.000.000.00
Price / BV (X) 0.441.513.753.240.64
Price / Net Operating Revenue (X) 0.330.371.120.810.21
EarningsYield -0.110.05-0.010.040.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Akshar Spintex Ltd. is a Public Limited Listed company incorporated on 13/06/2013 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L17291GJ2013PLC075677 and registration number is 075677. Currently Company is involved in the business activities of Preparation and spinning of textile fibres. Company's Total Operating Revenue is Rs. 116.77 Cr. and Equity Capital is Rs. 78.75 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton BlendedRevenue Survey No. 102/2, Paiki, Plot No. 2, Jamnagar Dist. Gujarat 361013Contact not found
Management
NamePosition Held
Mr. Harikrushna Shamjibhai ChauhanChairman & Wholetime Director
Mr. Harry PaghdarManaging Director
Mrs. Ilaben Dineshbhai PaghdarExecutive Director
Mr. Rohit Bhanjibhai DobariyaIndependent Director
Mr. Parshotam Lakhabhai VasoyaIndependent Director
Mr. Sureshkumar Chaturbhai GajeraIndependent Director

FAQ

What is the intrinsic value of Akshar Spintex Ltd and is it undervalued?

As of 20 April 2026, Akshar Spintex Ltd's intrinsic value is ₹0.72, which is 80.00% higher than the current market price of ₹0.40, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (6.72 %), book value (₹1.08), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Akshar Spintex Ltd?

Akshar Spintex Ltd is trading at ₹0.40 as of 20 April 2026, with a FY2026-2027 high of ₹0.76 and low of ₹0.36. The stock is currently near its 52-week low. Market cap stands at ₹31.5 Cr..

How does Akshar Spintex Ltd's P/E ratio compare to its industry?

Akshar Spintex Ltd has a P/E ratio of , which is below the industry average of 474.26. This is broadly in line with or below the industry average.

Is Akshar Spintex Ltd financially healthy?

Key indicators for Akshar Spintex Ltd: ROCE of 6.01 % is on the lower side compared to the industry average of 9.16%; ROE of 6.72 % is below ideal levels (industry average: 7.98%). Dividend yield is 0.00 %.

Is Akshar Spintex Ltd profitable and how is the profit trend?

Akshar Spintex Ltd reported a net profit of ₹-4 Cr in Mar 2025 on revenue of ₹117 Cr. Compared to ₹7 Cr in Mar 2022, the net profit shows a declining trend.

Does Akshar Spintex Ltd pay dividends?

Akshar Spintex Ltd has a dividend yield of 0.00 % at the current price of ₹0.40. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Akshar Spintex Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE