Bhilwara Spinners Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Bhilwara Spinners Ltd?

Bhilwara Spinners Ltd is trading at 114.00 as of 20 April 2026, with a FY2026-2027 high of 150 and low of 98.9. The stock is currently in the middle of its 52-week range. Market cap stands at 103 Cr..

Q: Is Bhilwara Spinners Ltd financially healthy?

Key indicators: ROCE of 2.39 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Bhilwara Spinners Ltd profitable and how is the profit trend?

Bhilwara Spinners Ltd reported a net profit of 2 Cr in Mar 2025 on revenue of 25 Cr. Compared to 1 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹17.42Overvalued by 84.72%vs CMP ₹114.00

P/E (15.0) × ROE (3.0%) × BV (₹47.60) × DY (2.00%)

Defaults: P/E=15

₹35.08Overvalued by 69.23%vs CMP ₹114.00

MoS: -225% (Negative)Confidence: 60/100 (Moderate)Models: All 6: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹12.43	29%	Over (-89.1%)
Graham Number	Earnings	₹45.23	26%	Over (-60.3%)
Net Asset Value	Assets	₹47.65	12%	Over (-58.2%)
Earnings Yield	Earnings	₹19.10	12%	Over (-83.2%)
ROCE Capital	Returns	₹67.50	12%	Over (-40.8%)
Revenue Multiple	Revenue	₹41.46	9%	Over (-63.6%)
Consensus (6 models)		₹35.08	100%	Overvalued

Key Drivers: EPS CAGR -28.6% drags value — could be higher if earnings stabilize. | ROE 3.0% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -28.6% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Bhilwara Spinners Ltd operates in the Textiles - Spinning - Cotton Blended segment, NSE: BHILSPIN | BSE: 514272, current market price is ₹114.00, market cap is 103 Cr.. At a glance, ROE is 2.99 %, ROCE is 2.39 %, book value is 47.6, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹35.08, around 69.2% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹25 Cr versus the prior period change of 165.6%, while latest net profit is about ₹2 Cr with a prior-period change of 0.0%. This analysis page also carries profit and loss, shareholding pattern, ratio panels data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 150/98.9, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisBhilwara Spinners Ltd. is a Public Limited Listed company incorporated on 07/06/1980 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L17115RJ1980PLC008217 and registration number is 008217. Currently company belong…

This summary is generated from the stock page data available for Bhilwara Spinners Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Bhilwara Spinners Ltd scores 62/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health54/100 · Moderate

ROCE 2.4% WeakROE 3.0% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money70/100 · Strong

FII holding up 0.01% (6mo) Slight increasePromoter increased by 1.02% Positive

Earnings Quality75/100 · Strong

OPM expanding (-23% → 9%) ImprovingWorking capital: -2 days (improving) Efficient

Quarterly Momentum70/100 · Strong

Revenue (4Q): +154% YoY AcceleratingProfit (4Q): -180% YoY DecliningOPM: 18.0% (up 13.1% YoY) Margin expansion

Industry Rank40/100 · Moderate

ROCE 2.4% vs industry 9.2% Below peersROE 3.0% vs industry 8.0% Below peers3Y sales CAGR: 110% High growth

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, 4:14 am

Market Cap	103 Cr.
Current Price	114
Intrinsic Value	₹35.08
High / Low	150/98.9
Stock P/E
Book Value	47.6
Dividend Yield	0.00 %
ROCE	2.39 %
ROE	2.99 %
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bhilwara Spinners Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Bhilwara Spinners Ltd	103 Cr.	114	150/98.9		47.6	0.00 %	2.39 %	2.99 %	10.0
Lagnam Spintex Ltd	113 Cr.	64.0	138/58.6	7.76	68.4	0.00 %	9.85 %	11.3 %	10.0
Salona Cotspin Ltd	139 Cr.	264	335/213	13,901	162	0.38 %	7.41 %	3.86 %	10.0
Maral Overseas Ltd	155 Cr.	37.3	85.0/34.1		27.0	0.00 %	1.89 %	20.2 %	10.0
Shiva Texyarn Ltd	179 Cr.	138	250/120	11.1	110	0.43 %	9.29 %	9.49 %	10.0
Industry Average	3,322.90 Cr	165.80		474.26	127.36	0.51%	9.16%	7.98%	7.02

All Competitor Stocks of Bhilwara Spinners Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.97	0.00	0.00	3.44	4.48	1.48	12.09	3.52	1.66	7.71	2.67	12.51	24.73
Expenses	0.99	0.07	0.12	3.19	4.07	1.48	10.68	3.03	1.58	6.49	2.44	9.17	20.29
Operating Profit	-0.02	-0.07	-0.12	0.25	0.41	0.00	1.41	0.49	0.08	1.22	0.23	3.34	4.44
OPM %	-2.06%			7.27%	9.15%	0.00%	11.66%	13.92%	4.82%	15.82%	8.61%	26.70%	17.95%
Other Income	1.88	0.40	0.26	0.61	0.03	0.76	0.70	0.03	0.03	0.01	0.04	0.70	0.07
Interest	0.01	0.00	0.00	0.02	0.01	0.06	0.01	0.01	0.04	0.74	0.82	2.36	2.21
Depreciation	0.00	0.02	0.01	0.01	0.01	0.01	0.02	0.01	0.03	0.66	1.05	1.46	1.49
Profit before tax	1.85	0.31	0.13	0.83	0.42	0.69	2.08	0.50	0.04	-0.17	-1.60	0.22	0.81
Tax %	16.76%	22.58%	15.38%	16.87%	16.67%	17.39%	20.19%	28.00%	25.00%	88.24%	33.75%	150.00%	39.51%
Net Profit	1.54	0.24	0.11	0.69	0.36	0.57	1.66	0.36	0.03	-0.33	-2.14	-0.12	0.49
EPS in Rs	2.28	0.35	0.16	1.02	0.53	0.63	1.83	0.40	0.03	-0.36	-2.36	-0.13	0.54

Last Updated: March 3, 2026, 11:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 1:40 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	2.81	0.21	2.92	4.85	5.35	2.11	6.87	1.97	2.68	0.97	9.40	24.97	47.62
Expenses	2.91	0.37	3.29	5.78	5.57	3.18	7.53	2.44	3.04	1.29	8.83	21.77	38.39
Operating Profit	-0.10	-0.16	-0.37	-0.93	-0.22	-1.07	-0.66	-0.47	-0.36	-0.32	0.57	3.20	9.23
OPM %	-3.56%	-76.19%	-12.67%	-19.18%	-4.11%	-50.71%	-9.61%	-23.86%	-13.43%	-32.99%	6.06%	12.82%	19.38%
Other Income	0.30	2.60	4.30	3.22	1.29	7.35	5.45	1.79	2.05	3.52	1.65	0.77	0.82
Interest	-0.00	-0.00	-0.00	0.01	0.11	0.04	-0.00	0.01	-0.00	0.01	0.10	0.80	6.13
Depreciation	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	0.01	0.02	0.02	0.72	4.66
Profit before tax	0.20	2.44	3.93	2.28	0.96	6.24	4.79	1.31	1.68	3.17	2.10	2.45	-0.74
Tax %	45.00%	23.77%	19.85%	21.93%	21.88%	20.51%	19.83%	17.56%	16.07%	17.98%	17.14%	29.39%
Net Profit	0.12	1.86	3.14	1.78	0.75	4.95	3.84	1.08	1.41	2.61	1.73	1.73	-2.10
EPS in Rs	0.18	2.75	4.64	2.63	1.11	7.32	5.68	1.60	2.09	3.86	1.91	1.91	-2.31
Dividend Payout %	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	1450.00%	68.82%	-43.31%	-57.87%	560.00%	-22.42%	-71.88%	30.56%	85.11%	-33.72%	0.00%
Change in YoY Net Profit Growth (%)	0.00%	-1381.18%	-112.13%	-14.55%	617.87%	-582.42%	-49.45%	102.43%	54.55%	-118.82%	33.72%

Bhilwara Spinners Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	61%
5 Years:	29%
3 Years:	110%
TTM:	-28%

Compounded Profit Growth
10 Years:	19%
5 Years:	129%
3 Years:	49%
TTM:	-231%

Stock Price CAGR
10 Years:	32%
5 Years:	67%
3 Years:	51%
1 Year:	-21%

Return on Equity
10 Years:	2%
5 Years:	2%
3 Years:	2%
Last Year:	3%

Last Updated: September 5, 2025, 2:41 pm

Balance Sheet

Last Updated: February 1, 2026, 4:27 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	6.79	6.79	6.79	6.76	6.76	6.76	6.76	6.76	6.76	6.76	6.76	6.76	9.05
Reserves	-1.27	0.59	3.73	5.54	6.29	11.24	15.08	16.16	17.57	20.18	34.53	36.26	34.00
Borrowings	0.00	0.00	0.00	0.75	0.98	0.00	0.00	0.00	0.25	0.00	55.11	76.35	93.99
Other Liabilities	0.49	1.61	1.78	2.28	2.45	1.96	0.93	1.39	1.03	1.28	1.50	3.17	9.67
Total Liabilities	6.01	8.99	12.30	15.33	16.48	19.96	22.77	24.31	25.61	28.22	97.90	122.54	146.71
Fixed Assets	0.01	1.19	0.89	0.95	1.94	1.51	2.28	8.55	8.68	8.40	8.19	53.74	109.38
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.36	70.36	56.49	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	6.00	7.80	11.41	14.38	14.54	18.45	20.49	15.76	16.93	9.46	19.35	12.31	37.33
Total Assets	6.01	8.99	12.30	15.33	16.48	19.96	22.77	24.31	25.61	28.22	97.90	122.54	146.71

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-0.41	-0.77	-5.13	-2.31	-1.50	-7.84	-4.26	4.35	-1.87	9.23	-10.08	11.67
Cash from Investing Activity +	0.30	1.45	4.60	3.16	0.30	7.78	4.68	-4.67	1.91	-6.58	-58.16	-31.92
Cash from Financing Activity +	0.00	0.00	0.00	0.00	0.11	0.04	0.00	0.01	0.00	0.01	65.40	20.44
Net Cash Flow	-0.11	0.68	-0.53	0.86	-1.09	-0.01	0.42	-0.30	0.04	2.66	-2.85	0.20
Free Cash Flow	-0.41	0.24	-1.01	-0.11	-2.10	-0.71	-0.41	-1.81	-0.77	1.99	-68.40	-20.35
CFO/OP	410%	481%	1,386%	248%	682%	733%	645%	-926%	519%	-3,059%	-1,705%	378%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.10	-0.16	-0.37	-1.68	-1.20	-1.07	-0.66	-0.47	-0.61	-0.32	-54.54	-73.15

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	146.78	156.43	116.25	309.31	36.84	15.57	268.84	229.75	59.93	0.00	20.19	36.11
Inventory Days	16.10	1,478.25	0.00	0.00	0.00	0.00	16.19	106.54	620.21	1,566.83	390.82	40.47
Days Payable	38.92	1,660.75					7.31	69.05	34.22	413.96	30.20	11.70
Cash Conversion Cycle	123.97	-26.07	116.25	309.31	36.84	15.57	277.71	267.23	645.92	1,152.87	380.81	64.88
Working Capital Days	114.31	5,179.52	-105.00	96.33	-182.84	-290.62	249.71	105.61	502.56	918.14	540.51	-1.75
ROCE %	3.66%	4.50%	1.23%	0.25%	5.02%	-2.62%	0.85%	5.50%	1.85%	1.24%	1.14%	2.39%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	49.80%	49.80%	49.80%	49.80%	50.94%	50.94%	50.94%	50.94%	56.19%	56.19%	56.55%	57.57%
FIIs	1.62%	1.63%	1.55%	1.61%	0.96%	0.95%	0.90%	0.86%	0.83%	0.83%	0.82%	0.84%
DIIs	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	48.54%	48.55%	48.62%	48.56%	48.08%	48.09%	48.14%	48.18%	42.97%	42.97%	42.60%	41.57%
No. of Shareholders	8,045	7,898	7,808	7,702	8,063	7,920	7,878	7,784	7,715	7,689	7,647	7,609

Shareholding Pattern Chart

No. of Shareholders

Bhilwara Spinners 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

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.91	1.92	3.86	2.08	1.60
Diluted EPS (Rs.)	1.91	2.36	3.86	2.08	1.60
Cash EPS (Rs.)	2.71	1.94	3.89	2.09	1.60
Book Value[Excl.RevalReserv]/Share (Rs.)	50.05	48.13	39.85	35.99	33.91
Book Value[Incl.RevalReserv]/Share (Rs.)	50.05	48.13	39.85	35.99	33.91
Revenue From Operations / Share (Rs.)	27.58	10.39	1.43	3.96	2.92
PBDIT / Share (Rs.)	3.64	0.78	0.51	0.66	1.83
PBIT / Share (Rs.)	2.84	0.76	0.48	0.65	1.83
PBT / Share (Rs.)	2.70	2.31	4.69	2.49	1.94
Net Profit / Share (Rs.)	1.91	1.92	3.86	2.08	1.60
PBDIT Margin (%)	13.19	7.58	35.73	16.80	62.61
PBIT Margin (%)	10.31	7.36	33.65	16.52	62.60
PBT Margin (%)	9.79	22.28	327.13	62.72	66.66
Net Profit Margin (%)	6.93	18.44	269.14	52.54	54.93
Return on Networth / Equity (%)	3.81	3.97	9.69	5.78	4.72
Return on Capital Employeed (%)	2.30	0.73	1.20	1.80	5.34
Return On Assets (%)	1.41	1.77	9.25	5.49	4.45
Long Term Debt / Equity (X)	1.44	1.16	0.00	0.00	0.00
Total Debt / Equity (X)	1.63	1.21	0.00	0.00	0.00
Asset Turnover Ratio (%)	0.22	0.14	0.03	0.10	0.08
Current Ratio (X)	1.01	5.00	5.92	4.57	1.63
Quick Ratio (X)	0.80	2.44	2.67	0.60	1.18
Inventory Turnover Ratio (X)	4.49	1.51	0.00	0.00	0.00
Interest Coverage Ratio (X)	4.12	7.06	32.40	450.30	85.99
Interest Coverage Ratio (Post Tax) (X)	2.33	3.28	-22.07	170.10	69.86
Enterprise Value (Cr.)	202.22	164.69	23.67	23.37	9.55
EV / Net Operating Revenue (X)	8.10	17.52	24.39	8.72	4.84
EV / EBITDA (X)	61.39	230.85	68.26	51.90	7.74
MarketCap / Net Operating Revenue (X)	5.14	11.90	27.37	8.80	4.94
Price / BV (X)	2.83	2.57	0.98	0.96	0.42
Price / Net Operating Revenue (X)	5.14	11.90	27.38	8.81	4.94
EarningsYield	0.01	0.01	0.09	0.05	0.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Bhilwara Spinners Ltd. is a Public Limited Listed company incorporated on 07/06/1980 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L17115RJ1980PLC008217 and registration number is 008217. Currently company belongs to the Industry of Textiles - Spinning - Cotton Blended. Company's Total Operating Revenue is Rs. 24.97 Cr. and Equity Capital is Rs. 9.05 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Cotton Blended	26, Industrial Area, Bhilwara Rajasthan 311001	Contact not found

Management
Name	Position Held
Mr. Anshul Kothar	Managing Director
Mr. Ashok Kumar Kothari	Director
Mrs. Chitra Naraniwal	Director
Mrs. Sushila Kothari	Director
Mr. Himanshu Jhamer	Director
Ms. Shubhangi Janifer	Director

FAQ

What is the intrinsic value of Bhilwara Spinners Ltd and is it undervalued?

As of 20 April 2026, Bhilwara Spinners Ltd's intrinsic value is ₹35.08, which is 69.23% lower than the current market price of ₹114.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (2.99 %), book value (₹47.6), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Bhilwara Spinners Ltd?

Bhilwara Spinners Ltd is trading at ₹114.00 as of 20 April 2026, with a FY2026-2027 high of ₹150 and low of ₹98.9. The stock is currently in the middle of its 52-week range. Market cap stands at ₹103 Cr..

How does Bhilwara Spinners Ltd's P/E ratio compare to its industry?

Bhilwara Spinners 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 Bhilwara Spinners Ltd financially healthy?

Key indicators for Bhilwara Spinners Ltd: ROCE of 2.39 % is on the lower side compared to the industry average of 9.16%; ROE of 2.99 % is below ideal levels (industry average: 7.98%). Dividend yield is 0.00 %.

Is Bhilwara Spinners Ltd profitable and how is the profit trend?

Bhilwara Spinners Ltd reported a net profit of ₹2 Cr in Mar 2025 on revenue of ₹25 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Bhilwara Spinners Ltd pay dividends?

Bhilwara Spinners Ltd has a dividend yield of 0.00 % at the current price of ₹114.00. The company is currently not paying meaningful dividends.