Reported Earnings • May 23
Full year 2026 earnings released: ₹0.095 loss per share (vs ₹0.083 loss in FY 2025) Full year 2026 results: ₹0.095 loss per share (further deteriorated from ₹0.083 loss in FY 2025). Revenue: ₹1.19b (up 1.5% from FY 2025). Net loss: ₹73.9m (loss widened 66% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year whereas the company’s share price has fallen by 56% per year. Duyuru • May 14
Akshar Spintex Limited to Report Q4, 2026 Results on May 21, 2026 Akshar Spintex Limited announced that they will report Q4, 2026 results on May 21, 2026 New Risk • May 02
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 8.7% 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 Earnings have declined by 40% per year over the past 5 years. Market cap is less than US$10m (₹362.7m market cap, or US$3.82m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹0.05 loss per share (vs ₹0.03 loss in 3Q 2025) Third quarter 2026 results: ₹0.05 loss per share (further deteriorated from ₹0.03 loss in 3Q 2025). Revenue: ₹359.7m (up 39% from 3Q 2025). Net loss: ₹38.0m (loss widened 63% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Duyuru • Feb 05
Akshar Spintex Limited to Report Q3, 2026 Results on Feb 13, 2026 Akshar Spintex Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: ₹0.02 loss per share (vs ₹0.05 loss in 2Q 2025) Second quarter 2026 results: ₹0.02 loss per share. Revenue: ₹228.1m (down 1.7% from 2Q 2025). Net loss: ₹19.7m (loss widened 23% from 2Q 2025). Duyuru • Oct 31
Akshar Spintex Limited to Report Q2, 2026 Results on Nov 07, 2025 Akshar Spintex Limited announced that they will report Q2, 2026 results on Nov 07, 2025 Duyuru • Oct 20
Akshar Spintex Limited Appoints Namrata Jagdishbhai Seta as Company Secretary & Compliance Officer, with Effect from October 18, 2025 Akshar Spintex Limited informed that on the recommendation of Nomination and Remuneration Committee and with the approval of Board of Directors of the Company at their meeting held on 18th October, 2025, at the Registered Office of the Company situated at Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar, Ranuja Road. Tal: Kalavad. Jamnagar-361013 (Guj) and the following matters inter alia have been considered, approved and taken on record by the Board of Directors: Considered and approved the appointment of Miss. Namrata Jagdishbhai Seta (M. No. 44802) as the Company Secretary and Compliance officer of the Company with effect from 18th October, 2025. Accordingly, as per the provisions of Section 203 of the Act, Miss. Namrata Jagdishbhai Seta shall also act as the Key Managerial Personnel of the Company. Namrata Seta holds a Professional Degree of Company Secretary. She is an associate member of Institute of Company Secretary of India and having deep insight in areas of Corporate Laws, Corporate Governance and SEBI related Matters. Prior to appoint Akshar Spintex Limited she is having more than 9 Years’ experience of Practicing. New Risk • Oct 14
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 7.0% 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 Earnings have declined by 5.9% per year over the past 5 years. Market cap is less than US$10m (₹504.0m market cap, or US$5.67m). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). New Risk • Aug 08
New major risk - Revenue and earnings growth Earnings have declined by 5.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Market cap is less than US$10m (₹417.4m market cap, or US$4.76m). Reported Earnings • Aug 05
Full year 2025 earnings released: ₹0.083 loss per share (vs ₹0.12 profit in FY 2024) Full year 2025 results: ₹0.083 loss per share (down from ₹0.12 profit in FY 2024). Revenue: ₹1.17b (down 33% from FY 2024). Net loss: ₹44.5m (down 229% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Duyuru • Aug 01
Akshar Spintex Limited, Annual General Meeting, Aug 25, 2025 Akshar Spintex Limited, Annual General Meeting, Aug 25, 2025, at 15:00 Indian Standard Time. Duyuru • Jul 30
Akshar Spintex Limited to Report Q1, 2026 Results on Aug 07, 2025 Akshar Spintex Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 12
Full year 2025 earnings released: ₹0.08 loss per share (vs ₹0.12 profit in FY 2024) Full year 2025 results: ₹0.08 loss per share (down from ₹0.12 profit in FY 2024). Revenue: ₹1.19b (down 32% from FY 2024). Net loss: ₹44.5m (down 229% from profit in FY 2024). Duyuru • May 03
Akshar Spintex Limited to Report Q4, 2025 Results on May 10, 2025 Akshar Spintex Limited announced that they will report Q4, 2025 results at 3:30 PM, Indian Standard Time on May 10, 2025 Duyuru • Apr 09
Akshar Spintex Limited Announces Resignation of Keshav Makhija as Non-Executive Independent Additional Director, Date of Resignation March 28, 2025 Akshar Spintex Limited announced the resignation of Keshav Makhija as an Additional Director in the category of Non-executive Independent Director of the Company. The date of resignation is 28th March, 2025. Duyuru • Mar 07
Akshar Spintex Limited Announces Resignation of Nirala L Joshi as Non-Executive Independent Director Akshar Spintex Limited announced that Mr. Nirala L JOshi has tendered resignation from the position of the Non-Executive Independent Director of the Company with effect from March 07, 2025, due to personal and unavoidable circumstances. Buy Or Sell Opportunity • Feb 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.9% to ₹0.66. The fair value is estimated to be ₹0.83, 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. Meanwhile, the company became loss making. Duyuru • Feb 07
Akshar Spintex Limited to Report Q3, 2025 Results on Feb 14, 2025 Akshar Spintex Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 14, 2025 Board Change • Nov 30
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. 4 experienced directors. 2 highly experienced directors. Non-Executive-Independent Director Parshotam Vasoya was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 09
Akshar Spintex Limited to Report Q2, 2025 Results on Nov 14, 2024 Akshar Spintex Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Sep 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. 4 experienced directors. 2 highly experienced directors. Non-Executive-Independent Director Parshotam Vasoya was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Aug 30
Akshar Spintex Limited, Annual General Meeting, Sep 28, 2024 Akshar Spintex Limited, Annual General Meeting, Sep 28, 2024, at 14:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹2.05, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 31x in the Luxury industry in India. Total loss to shareholders of 50% over the past year. New Risk • Aug 23
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 11% 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 (11% average weekly change). Market cap is less than US$10m (₹480.0m market cap, or US$5.72m). Minor Risks High level of debt (43% net debt to equity). Dividend is not well covered by cash flows (319% cash payout ratio). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹1.95, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 30x in the Luxury industry in India. Total loss to shareholders of 68% over the past year. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.03 in 1Q 2024) First quarter 2025 results: EPS: ₹0.02 (down from ₹0.03 in 1Q 2024). Revenue: ₹376.6m (down 2.1% from 1Q 2024). Net income: ₹6.32m (down 30% from 1Q 2024). Profit margin: 1.7% (down from 2.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹2.57, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 29x in the Luxury industry in India. Total loss to shareholders of 60% over the past year. Duyuru • Jul 22
Akshar Spintex Limited to Report Q1, 2025 Results on Jul 30, 2024 Akshar Spintex Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: ₹0.12 (vs ₹0.092 loss in FY 2023) Full year 2024 results: EPS: ₹0.12 (up from ₹0.092 loss in FY 2023). Revenue: ₹1.78b (up 31% from FY 2023). Net income: ₹34.6m (up ₹62.2m from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Duyuru • May 12
Akshar Spintex Limited to Report Q4, 2024 Results on May 20, 2024 Akshar Spintex Limited announced that they will report Q4, 2024 results on May 20, 2024 Duyuru • Apr 14
Akshar Spintex Limited has filed a Follow-on Equity Offering in the amount of INR 490 million. Akshar Spintex Limited has filed a Follow-on Equity Offering in the amount of INR 490 million.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹2.65, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 30x in the Luxury industry in India. Total loss to shareholders of 47% over the past year. Buy Or Sell Opportunity • Apr 01
Now 23% overvalued Over the last 90 days, the stock has fallen 30% to ₹2.35. The fair value is estimated to be ₹1.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹822.0m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹822.0m market cap, or US$9.90m). Minor Risks High level of debt (41% net debt to equity). Short dividend paying track record (less than a year of continuous dividend payments). Duyuru • Feb 28
Akshar Spintex Limited Appoints Poonam Pratik Kapupara as Chief Financial Officer Akshar Spintex Limited at its board meeting held on 26 February 2024 appointed Poonam Pratik Kapupara as Chief Financial Officer & Key Managerial Personnel of the Company with effect from 26 February 2024. FATHER'S NAME (FULL): Maganbhai Popatbhai Hirapara. DATE OF BIRTH: February 4, 1998. Educational Qualification: Bcom. Reported Earnings • Jan 31
Third quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.019 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.03 (up from ₹0.019 in 3Q 2023). Revenue: ₹453.2m (up 46% from 3Q 2023). Net income: ₹6.96m (up 47% from 3Q 2023). Profit margin: 1.5% (in line with 3Q 2023). Duyuru • Jan 23
Akshar Spintex Limited to Report Q3, 2024 Results on Jan 30, 2024 Akshar Spintex Limited announced that they will report Q3, 2024 results on Jan 30, 2024 Duyuru • Dec 23
Akshar Spintex Limited Declares Interim Dividend for the Financial Year 2023-2024 The Board of Directors of the Akshar Spintex Limited's meeting held on 22 December 2023, declared an Interim Dividend at 1% that is, 1.00 paisa per Equity Share of face value of INR 1.00 each for the Financial Year 2023-2024. The record date for the purpose of payment of Interim Dividend is fixed as 30th December, 2023. The interim dividend will be paid within 30 days from the date of declaration as per the provisions of Companies Act, 2013 to those as on shareholders whose names appear in the Register of Members/Beneficial Owners of the Company the Record Date that is 30 December 2023. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹5.45, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 26x in the Luxury industry in India. Total loss to shareholders of 20% over the past year. New Risk • Dec 04
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 7.2% 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: Minor Risks High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹1.91b market cap, or US$23.0m). Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹7.50, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 37% over the past year. Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: ₹0.04 (vs ₹0.31 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹0.04 (up from ₹0.31 loss in 2Q 2023). Revenue: ₹444.3m (up 137% from 2Q 2023). Net income: ₹9.01m (up ₹86.6m from 2Q 2023). Profit margin: 2.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Duyuru • Oct 19
Akshar Spintex Limited Appoints Bharti Girdharbhai Ajudiya as Company Secretary and Compliance Officer Akshar Spintex Limited at its board meeting held on October 19, 2023, has appointed Mrs. Bharti Girdharbhai Ajudiya as Company Secretary and Compliance Officer of the Company with effect from October 19, 2023. Date of birth is September 20, 1987. Educational Qualification: Company Secretary and M.B.A. Experience/Expertise in specific functional areas: Bharti Ajudiya holds a Professional Degree of Company Secretary. He is an associate member of Institute of Company Secretary of India and having deep insight in areas of Corporate Laws, Corporate Governance and SEBI related Matters. Prior to appoint Akshar Spintex Limited she is having more than 4 Years' experience of In Khushbu Auto Finance Limited and PCS Firm. Reason for Appointment: To fulfill the requirements of Section 203 of Companies Act, 2013, read with Companies (Appointment and Remuneration of Managerial Persommel) Rules 2014 and Regulation 6(1) of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements) Regulations, 2015. Duyuru • Aug 26
Akshar Spintex Limited, Annual General Meeting, Sep 29, 2023 Akshar Spintex Limited, Annual General Meeting, Sep 29, 2023, at 10:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹0.036 (vs ₹0.043 in 1Q 2023) First quarter 2024 results: EPS: ₹0.036 (down from ₹0.043 in 1Q 2023). Revenue: ₹384.5m (down 20% from 1Q 2023). Net income: ₹9.01m (down 17% from 1Q 2023). Profit margin: 2.3% (up from 2.2% in 1Q 2023). The increase in margin was driven by lower expenses. Buying Opportunity • Jul 31
Now 86% undervalued after recent price drop Over the last 90 days, the stock is down 88%. The fair value is estimated to be ₹56.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making. Duyuru • Jul 06
Akshar Spintex Limited Announces Resignation of Pratik M. Makwana as Company Secretary & Compliance Officer Akshar Spintex Limited announced that Mr. Pratik M. Makwana, Company Secretary & Compliance Officer ("CS") and Key Managerial Personnel of M/s Akshar Spintex Limited ("the Company") has tendered his resignation due to personal reasons. The Company shall be placed his resignation letter before the Board of Directors of the company at immediate next Board Meeting and he shall be relieved from his duties as a Company Secretary & Compliance Officer as soon as possible. Duyuru • May 20
Akshar Spintex Limited to Report Q4, 2023 Results on May 27, 2023 Akshar Spintex Limited announced that they will report Q4, 2023 results on May 27, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.19 (vs ₹1.37 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.19 (down from ₹1.37 in 3Q 2022). Revenue: ₹310.3m (down 34% from 3Q 2022). Net income: ₹4.72m (down 86% from 3Q 2022). Profit margin: 1.5% (down from 7.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Duyuru • Feb 01
Akshar Spintex Limited to Report Q3, 2023 Results on Feb 10, 2023 Akshar Spintex Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹36.65, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 14x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 34% share price decline to ₹44.80, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 14x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹91.35, the stock trades at a trailing P/E ratio of 58.9x. Average trailing P/E is 14x in the Luxury industry in India. Reported Earnings • Aug 16
First quarter 2023 earnings released: EPS: ₹0.43 (vs ₹0.65 in 1Q 2022) First quarter 2023 results: EPS: ₹0.43 (down from ₹0.65 in 1Q 2022). Revenue: ₹491.1m (up 25% from 1Q 2022). Net income: ₹10.8m (down 33% from 1Q 2022). Profit margin: 2.2% (down from 4.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₹91.70, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 12x in the Luxury industry in India. 