SHANTI SPINTEX LIMITED
Quick Take
- • Trading at 5.6× trailing earnings
- • Moderate ROE at 9.8%
- • Low leverage (D/E 0.45)
- • No dividend data
- • Operating margin 1.1% · Net margin 1.4%
- • Profit growth -20.40% YoY · Beta 0.60
Shareholding Pattern
About the company
From latest AR & concallShanti Spintex Limited manufactures and sells denim fabrics in India. It operates in two segments, Textile Manufacturing and Renewable Energy. The company offers various denim fabrics, such as cotton lycra knit, regular knit, flat finish 3/1 stretch, rigid, cross hedge, lightweight shirting, over-dyed, fancy knit, and power stretch lycra denim for women; and yarn products, including eli, denier, cotton and polyester spandex, slub, ring, viscose, tencel, and lyocell yarns. It also engages in windmill operations and rooftop solar energy activities. The company was incorporated in 2010 and is based in Ahmedabad, India.
