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Minaxi Textiles

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE952C01028
  • NSEID:
  • BSEID: 531456
INR
2.22
0.2 (9.9%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.08 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

1.942.22

52 Week

1.614.31
Valuation
Technical
Day's Volume

CASH

1.08 lacs (633.19%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

38.77%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With HIgh Debt (Debt-Equity Ratio at 8.21 times)- the company has a Weak Long Term Fundamental Strength

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 13.43 times
  • The company has reported losses. Due to this company has reported negative ROE
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Risky - Negative EBITDA

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 11 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

8.21

stock-summary
Return on Equity

-145.00%

stock-summary
Price to Book

4.99

Revenue and Profits (1 Year):
Net Sales:
6 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
7.25%
0%
7.25%
1 Year
-16.23%
0%
-16.23%
2 Years
26.14%
0%
26.14%
3 Years
-35.28%
0%
-35.28%
4 Years
318.87%
0%
318.87%
5 Years
640.0%
0%
640.0%

Latest dividend: 0.07 per share ex-dividend date: Sep-20-2007

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.75%
EBIT Growth (5y)
-217.08%
EBIT to Interest (avg)
-0.13
Debt to EBITDA (avg)
4.22
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.00
Tax Ratio
25.18%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-7.38%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
4.99
EV to EBIT
-9.33
EV to EBITDA
-11.47
EV to Capital Employed
1.43
EV to Sales
0.84
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-24.82%
ROE (Latest)
-145.00%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Kiritkumar Patel (18.53%)

Highest Public shareholder

Minaxi Textiles Limited Unclaimed Suspense Account (2.58%)

Individual Investors Holdings

54.47%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -24.20% vs -12.93% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -381.25% vs 116.67% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5.92",
          "val2": "7.81",
          "chgp": "-24.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.07",
          "val2": "0.14",
          "chgp": "-150.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.40",
          "val2": "0.41",
          "chgp": "-2.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.45",
          "val2": "0.16",
          "chgp": "-381.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1.18%",
          "val2": "1.79%",
          "chgp": "-2.97%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -6.36% vs 9.80% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -363.33% vs 110.53% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "16.78",
          "val2": "17.92",
          "chgp": "-6.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.49",
          "val2": "0.71",
          "chgp": "-169.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.85",
          "val2": "0.62",
          "chgp": "37.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.79",
          "val2": "0.30",
          "chgp": "-363.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.92%",
          "val2": "3.96%",
          "chgp": "-6.88%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -10.91% vs 14.00% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.07% vs 63.95% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "22.70",
          "val2": "25.48",
          "chgp": "-10.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.56",
          "val2": "-1.08",
          "chgp": "48.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.25",
          "val2": "1.03",
          "chgp": "21.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.24",
          "val2": "-1.46",
          "chgp": "15.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.47%",
          "val2": "-4.24%",
          "chgp": "1.77%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 17.39% vs -6.11% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 49.92% vs -290.57% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "34.29",
          "val2": "29.21",
          "chgp": "17.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-2.83",
          "val2": "-5.56",
          "chgp": "49.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.27",
          "val2": "2.17",
          "chgp": "-41.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-3.11",
          "val2": "-6.21",
          "chgp": "49.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-8.25%",
          "val2": "-19.03%",
          "chgp": "10.78%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
5.92
7.81
-24.20%
Operating Profit (PBDIT) excl Other Income
-0.07
0.14
-150.00%
Interest
0.40
0.41
-2.44%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.45
0.16
-381.25%
Operating Profit Margin (Excl OI)
-1.18%
1.79%
-2.97%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -24.20% vs -12.93% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -381.25% vs 116.67% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
16.78
17.92
-6.36%
Operating Profit (PBDIT) excl Other Income
-0.49
0.71
-169.01%
Interest
0.85
0.62
37.10%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.79
0.30
-363.33%
Operating Profit Margin (Excl OI)
-2.92%
3.96%
-6.88%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -6.36% vs 9.80% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -363.33% vs 110.53% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
22.70
25.48
-10.91%
Operating Profit (PBDIT) excl Other Income
-0.56
-1.08
48.15%
Interest
1.25
1.03
21.36%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.24
-1.46
15.07%
Operating Profit Margin (Excl OI)
-2.47%
-4.24%
1.77%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -10.91% vs 14.00% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 15.07% vs 63.95% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
34.29
29.21
17.39%
Operating Profit (PBDIT) excl Other Income
-2.83
-5.56
49.10%
Interest
1.27
2.17
-41.47%
Exceptional Items
0.00
0.00
Standalone Net Profit
-3.11
-6.21
49.92%
Operating Profit Margin (Excl OI)
-8.25%
-19.03%
10.78%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 17.39% vs -6.11% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 49.92% vs -290.57% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Minaxi Textiles Ltd stock-summary
stock-summary
Minaxi Textiles Ltd
Micro Cap
Textile
Minaxi Textiles Ltd. is a India-based public limited textile company incorporated on March 14, 1995, prior to that the Company ran under partnership. The Company is engaged in weaving of Synthetic Grey cloth of Suiting & Shirting and supplying uniform to government and semi-government department under tenders floated by them. Apart from this, it deals in suiting products having specialty in fancy suiting fabrics.
Company Coordinates stock-summary
Company Details
Pl No 3311 GIDC Phase IV, Chhatral Taluka Karol Gandhinagar Gujarat : 382729
stock-summary
Tel: 91-2764-234008
stock-summary
http://www.minaxitextiles.com
stock-summary
minaxitx@yahoo.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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