Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1.65, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 5.1% over the past three years. Reported Earnings • May 11
Full year 2026 earnings released: EPS: ₹0.36 (vs ₹0.11 loss in FY 2025) Full year 2026 results: EPS: ₹0.36 (up from ₹0.11 loss in FY 2025). Revenue: ₹261.9m (down 11% from FY 2025). Net income: ₹17.9m (up ₹23.2m from FY 2025). Profit margin: 6.8% (up from net loss in FY 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 02
Minaxi Textiles Limited to Report Fiscal Year 2026 Results on May 08, 2026 Minaxi Textiles Limited announced that they will report fiscal year 2026 results at 12:15 PM, Indian Standard Time on May 08, 2026 Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹0.05 loss per share (vs ₹0.09 loss in 3Q 2025) Third quarter 2026 results: ₹0.05 loss per share (improved from ₹0.09 loss in 3Q 2025). Revenue: ₹45.1m (down 24% from 3Q 2025). Net loss: ₹2.51m (loss narrowed 44% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1.70, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 5.0% over the past three years. Announcement • Feb 02
Minaxi Textiles Limited to Report Q3, 2026 Results on Feb 10, 2026 Minaxi Textiles Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: ₹0.03 loss per share (vs ₹0.03 profit in 2Q 2025) Second quarter 2026 results: ₹0.03 loss per share (down from ₹0.03 profit in 2Q 2025). Revenue: ₹70.5m (down 9.7% from 2Q 2025). Net loss: ₹1.66m (down 201% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹1.43, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 25x in the Luxury industry in India. Total loss to shareholders of 35% over the past three years. Announcement • Nov 04
Minaxi Textiles Limited to Report Q2, 2026 Results on Nov 13, 2025 Minaxi Textiles Limited announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Sep 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$10m (₹93.4m market cap, or US$1.05m). Minor Risk Revenue is less than US$5m (₹253m revenue, or US$2.9m). New Risk • Aug 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Market cap is less than US$10m (₹93.9m market cap, or US$1.07m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (₹253m revenue, or US$2.9m). Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.37 (vs ₹0.19 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.37 (up from ₹0.19 loss in 1Q 2025). Revenue: ₹84.0m (down 6.3% from 1Q 2025). Net income: ₹18.3m (up ₹27.9m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Aug 13
Minaxi Textiles Limited, Annual General Meeting, Sep 25, 2025 Minaxi Textiles Limited, Annual General Meeting, Sep 25, 2025, at 14:00 Indian Standard Time. Announcement • Aug 05
Minaxi Textiles Limited to Report Q1, 2026 Results on Aug 12, 2025 Minaxi Textiles Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Buy Or Sell Opportunity • Jun 10
Now 21% undervalued Over the last 90 days, the stock has risen 6.6% to ₹2.11. The fair value is estimated to be ₹2.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has grown by 7.1%. Buy Or Sell Opportunity • May 19
Now 22% undervalued Over the last 90 days, the stock has risen 9.1% to ₹2.03. The fair value is estimated to be ₹2.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 7.1%. Reported Earnings • May 17
Full year 2025 earnings released: ₹0.11 loss per share (vs ₹0.63 loss in FY 2024) Full year 2025 results: ₹0.11 loss per share (improved from ₹0.63 loss in FY 2024). Revenue: ₹294.6m (down 14% from FY 2024). Net loss: ₹5.28m (loss narrowed 83% from FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • May 10
Minaxi Textiles Limited to Report Fiscal Year 2025 Results on May 15, 2025 Minaxi Textiles Limited announced that they will report fiscal year 2025 results on May 15, 2025 Announcement • Jan 24
Minaxi Textiles Limited to Report Q3, 2025 Results on Feb 01, 2025 Minaxi Textiles Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 01, 2025 Recent Insider Transactions • Nov 21
MD & Director recently bought ₹67k worth of stock On the 18th of November, Dineshkumar Patel bought around 31k shares on-market at roughly ₹2.19 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Dineshkumar has been a buyer over the last 12 months, purchasing a net total of ₹199k worth in shares. Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹0.03 (vs ₹0.07 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.03 (up from ₹0.07 loss in 2Q 2024). Revenue: ₹83.6m (up 1.2% from 2Q 2024). Net income: ₹1.64m (up ₹4.96m from 2Q 2024). Profit margin: 2.0% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Oct 21
Minaxi Textiles Limited to Report Q2, 2025 Results on Oct 28, 2024 Minaxi Textiles Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.19 loss per share (vs ₹0.03 profit in 1Q 2024) First quarter 2025 results: ₹0.19 loss per share (down from ₹0.03 profit in 1Q 2024). Revenue: ₹89.8m (flat on 1Q 2024). Net loss: ₹9.56m (down ₹11.0m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Aug 14
Minaxi Textiles Limited, Annual General Meeting, Sep 26, 2024 Minaxi Textiles Limited, Annual General Meeting, Sep 26, 2024, at 14:00 Indian Standard Time. Announcement • Aug 02
Minaxi Textiles Limited to Report Q1, 2025 Results on Aug 13, 2024 Minaxi Textiles Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 16
Full year 2024 earnings released: ₹0.63 loss per share (vs ₹1.26 loss in FY 2023) Full year 2024 results: ₹0.63 loss per share (improved from ₹1.26 loss in FY 2023). Revenue: ₹351.3m (up 20% from FY 2023). Net loss: ₹31.1m (loss narrowed 50% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Announcement • May 10
Minaxi Textiles Limited to Report Fiscal Year 2024 Results on May 14, 2024 Minaxi Textiles Limited announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 07
Third quarter 2024 earnings released: ₹0.36 loss per share (vs ₹0.24 loss in 3Q 2023) Third quarter 2024 results: ₹0.36 loss per share (further deteriorated from ₹0.24 loss in 3Q 2023). Revenue: ₹75.6m (up 25% from 3Q 2023). Net loss: ₹17.6m (loss widened 47% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 82% per year, which means it is well ahead of earnings. Announcement • Jan 27
Minaxi Textiles Limited to Report Q3, 2024 Results on Feb 06, 2024 Minaxi Textiles Limited announced that they will report Q3, 2024 results on Feb 06, 2024 New Risk • Dec 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 62% per year over the past 5 years. Market cap is less than US$10m (₹74.6m market cap, or US$895.4k). Minor Risk Revenue is less than US$5m (₹308m revenue, or US$3.7m). Reported Earnings • Nov 08
Second quarter 2024 earnings released: ₹0.07 loss per share (vs ₹0.36 loss in 2Q 2023) Second quarter 2024 results: ₹0.07 loss per share (improved from ₹0.36 loss in 2Q 2023). Revenue: ₹82.6m (up 32% from 2Q 2023). Net loss: ₹3.32m (loss narrowed 81% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Chirag Shah was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Oct 29
Minaxi Textiles Limited to Report Q2, 2024 Results on Nov 07, 2023 Minaxi Textiles Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Announcement • Aug 12
Minaxi Textiles Limited, Annual General Meeting, Sep 26, 2023 Minaxi Textiles Limited, Annual General Meeting, Sep 26, 2023, at 14:00 Indian Standard Time. Announcement • Aug 07
Minaxi Textiles Limited to Report Fiscal Year 2023 Results on Aug 12, 2023 Minaxi Textiles Limited announced that they will report fiscal year 2023 results on Aug 12, 2023 New Risk • Jul 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.8% average weekly change). Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (₹77.1m market cap, or US$939.0k). Minor Risk Revenue is less than US$5m (₹292m revenue, or US$3.6m). New Risk • Jun 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (₹84.0m market cap, or US$1.02m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₹292m revenue, or US$3.5m). Reported Earnings • May 25
Full year 2023 earnings released: ₹1.26 loss per share (vs ₹0.32 loss in FY 2022) Full year 2023 results: ₹1.26 loss per share (further deteriorated from ₹0.32 loss in FY 2022). Revenue: ₹292.6m (down 5.9% from FY 2022). Net loss: ₹62.1m (loss widened 291% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 173 percentage points per year, which is a significant difference in performance. Announcement • May 19
Minaxi Textiles Limited to Report Fiscal Year 2023 Results on May 23, 2023 Minaxi Textiles Limited announced that they will report fiscal year 2023 results on May 23, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹0.24 loss per share (vs ₹0.13 loss in 3Q 2022) Third quarter 2023 results: ₹0.24 loss per share (further deteriorated from ₹0.13 loss in 3Q 2022). Revenue: ₹60.3m (down 43% from 3Q 2022). Net loss: ₹12.0m (loss widened 85% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 155 percentage points per year, which is a significant difference in performance. Announcement • Feb 02
Minaxi Textiles Limited to Report Q3, 2023 Results on Feb 10, 2023 Minaxi Textiles Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.36 loss per share (vs ₹0.03 loss in 2Q 2022) Second quarter 2023 results: ₹0.36 loss per share (further deteriorated from ₹0.03 loss in 2Q 2022). Revenue: ₹62.5m (up 15% from 2Q 2022). Net loss: ₹17.9m (loss widened ₹16.6m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 153 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹0.36 loss per share (vs ₹0.03 loss in 2Q 2022) Second quarter 2023 results: ₹0.36 loss per share (further deteriorated from ₹0.03 loss in 2Q 2022). Revenue: ₹62.5m (up 15% from 2Q 2022). Net loss: ₹17.9m (loss widened ₹16.6m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance. Announcement • Jun 15
Minaxi Textiles Limited, Annual General Meeting, Sep 27, 2022 Minaxi Textiles Limited, Annual General Meeting, Sep 27, 2022, at 14:00 Indian Standard Time. Announcement • May 20
Minaxi Textiles Limited to Report Fiscal Year 2022 Results on May 26, 2022 Minaxi Textiles Limited announced that they will report fiscal year 2022 results on May 26, 2022 Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.13 loss per share (down from ₹0.02 loss in 3Q 2021). Revenue: ₹106.1m (up 124% from 3Q 2021). Net loss: ₹6.51m (loss widened ₹5.69m from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 01
Full year 2021 earnings released: ₹0.32 loss per share (vs ₹0.024 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹148.0m (down 12% from FY 2020). Net loss: ₹16.0m (down ₹17.2m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.02 loss per share (vs ₹0.10 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₹47.4m (up ₹39.7m from 3Q 2020). Net loss: ₹827.0k (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 82% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Feb 04
Minaxi Textiles Limited to Report Q3, 2021 Results on Feb 12, 2021 Minaxi Textiles Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Feb 02
New 90-day low: ₹0.49 The company is down 17% from its price of ₹0.59 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 24% over the same period. Announcement • Jan 13
Minaxi Textiles Limited Removes Nirmal B. Batel from the Post of Director Minaxi Textiles Limited removed Shri Nirmal B. Batel from the post of director on receipt of special notice from the members. Is New 90 Day High Low • Dec 28
New 90-day high: ₹0.68 The company is up 3.0% from its price of ₹0.66 on 29 September 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 25% over the same period. Announcement • Dec 11
Minaxi Textiles Limited Approves to Remove Shri Nirmal B. Patel from the Director Minaxi Textiles Limited at its AGM held on December 08, 2020 approved to remove Shri Nirmal B. Patel from the post of director on receipt of special notice from the members. Is New 90 Day High Low • Dec 08
New 90-day low: ₹0.52 The company is down 17% from its price of ₹0.63 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 22% over the same period. Announcement • Oct 31
Minaxi Textiles Limited to Report Q2, 2020 Results on Nov 09, 2020 Minaxi Textiles Limited announced that they will report Q2, 2020 results on Nov 09, 2020 Is New 90 Day High Low • Oct 18
New 90-day low: ₹0.55 The company is down 2.0% from its price of ₹0.56 on 20 July 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 17% over the same period. Announcement • Sep 06
Minaxi Textiles Limited to Report Q1, 2021 Results on Sep 14, 2020 Minaxi Textiles Limited announced that they will report Q1, 2021 results on Sep 14, 2020