---
title: "Veena Textiles Ltd (521028) — Share Price, Financials & Analysis"
symbol: "521028"
company: "Veena Textiles Ltd"
canonical: "https://tapetide.com/stocks/521028"
isin: "INE728E01010"
bse_code: "521028"
generated_at: "2026-10-13T11:00:00.973Z"
---

# Veena Textiles Ltd (521028)

Canonical page: https://tapetide.com/stocks/521028

## Company

- **BSE Code:** 521028
- **ISIN:** INE728E01010
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** veenatextiles.com

## About

Veena Textiles is engaged in Business of Trading of Textiles.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.49% over past five years.
- Company has a low return on equity of -1.90% over last 3 years.
- Company has high debtors of 12,984 days.
- Working capital days have increased from 10,429 days to 17,442 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 31% | 11% | 4% |
| revenue growth | -92% | -2% | 1% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.02 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.07 | 0.05 | 1.58 | 0.05 | 0.04 |
| Expenses | 0.1 | 0.06 | 0.09 | 0.06 | 0.07 | 0.06 | 0.06 | 0.04 | 0.07 | 1.64 | 0.06 | 0.06 |
| Operating Profit | -0.08 | -0.01 | -0.05 | -0.03 | -0.04 | -0.02 | -0.02 | 0.03 | -0.02 | -0.06 | -0.01 | -0.02 |
| OPM % | -400 | -20 | -125 | -100 | -133.33 | -50 | -50 | 42.86 | -40 | -3.8 | -20 | -50 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0.01 | 0.01 | 0 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -0.08 | -0.02 | -0.06 | -0.03 | -0.06 | -0.03 | -0.03 | 0.02 | -0.04 | -0.07 | -0.02 | -0.03 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.08 | -0.02 | -0.06 | -0.03 | -0.06 | -0.02 | -0.03 | 0.02 | -0.03 | -0.07 | -0.02 | -0.03 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.87 | 1.74 | 0.08 | 0.25 | 0.13 | 0.14 | 0.15 | 0.2 | 1.69 | 0.14 |
| Expenses | 0.83 | 2.58 | 0.19 | 0.26 | 0.19 | 0.3 | 0.27 | 0.25 | 1.81 | 0.22 |
| Operating Profit | 0.04 | -0.84 | -0.11 | -0.01 | -0.06 | -0.16 | -0.12 | -0.05 | -0.12 | -0.08 |
| OPM % | 4.6 | -48.28 | -137.5 | -4 | -46.15 | -114.29 | -80 | -25 | -7.1 | -57.14 |
| Other Income | 0.05 | 2.74 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.12 | 0.09 | 0.09 | 0.09 | 0.08 | 0.06 | 0.04 | 0.04 | 0.04 | 0.03 |
| Profit before tax | -0.04 | 1.81 | -0.2 | -0.1 | -0.14 | -0.21 | -0.16 | -0.09 | -0.16 | -0.11 |
| Tax % | 50 | 2.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.06 | 1.77 | -0.2 | -0.1 | -0.14 | -0.21 | -0.17 | -0.09 | -0.16 | -0.11 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 8.04 | 8.04 | 8.04 | 8.04 | 8.04 | 8.04 | 8.04 | 8.04 | 8.04 | 8.04 |
| Reserves | -2.35 | -0.58 | -0.93 | -1.03 | -1.17 | -1.39 | -1.55 | -1.64 | -1.8 | -1.91 |
| Borrowings | 6.72 | 1.58 | 1.58 | 1.58 | 1.58 | 1.58 | 1.58 | 0.92 | 0.92 | 0.92 |
| Other Liabilities | 0.81 | 0.82 | 0.87 | 0.87 | 0.9 | 1.28 | 1.37 | 0.04 | 0.08 | 0.11 |
| Total Liabilities | 13.22 | 9.86 | 9.56 | 9.46 | 9.35 | 9.51 | 9.44 | 7.36 | 7.24 | 7.16 |
| Fixed Assets | 1.14 | 0.89 | 0.71 | 0.62 | 0.53 | 0.47 | 0.43 | 0.39 | 0.35 | 0.33 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other Assets | 12.07 | 8.96 | 8.84 | 8.83 | 8.81 | 9.03 | 9 | 6.96 | 6.88 | 6.82 |
| Total Assets | 13.22 | 9.86 | 9.56 | 9.46 | 9.35 | 9.51 | 9.44 | 7.36 | 7.24 | 7.16 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.37 | 4.08 | -0.03 | 0.01 | 0 | 0 | 0 | 0.03 | 0.03 | -0.01 |
| Cash from Investing Activity | 0.16 | 0.34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | -0.4 | -5.14 | 0 | 0 | 0 | 0 | 0 | 0.66 | 0 | 0 |
| Net Cash Flow | 0.13 | -0.72 | -0.03 | 0.01 | 0 | 0 | 0 | 0.69 | 0.02 | -0.01 |
| Free Cash Flow | 0.53 | 4.42 | -0.03 | 0.01 | 0 | 0 | 0 | 0.03 | 0.03 | -0.01 |
| CFO/OP | 950 | -486 | 27 | -100 | 0 | 0 | 0 | -60 | -25 | 12 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 1451.61 | 667.07 | 14508.75 | 4642.8 | 8928.46 | 8290.71 | 7738 | 9052 | 954.62 | 12983.57 |
| Inventory Days | 4038.55 | 327.1 | 4775.42 | 2883.5 | 5242.73 | 3796 | 4067.14 | 3041.67 | 16.48 | 331.82 |
| Days Payable | 694.68 | 113.69 | 456.25 | 310.25 | 530.91 | 559.67 | 782.14 | 101.39 | 0 | 0 |
| Cash Conversion Cycle | 4795.48 | 880.48 | 18827.92 | 7216.05 | 13640.28 | 11527.05 | 11023 | 11992.28 | 971.1 | 13315.39 |
| Working Capital Days | 4413.56 | 1705.43 | 36317.5 | 11577.8 | 22124.62 | 20153.21 | 18493.33 | 12391.75 | 1453.52 | 17441.79 |
| ROCE % | -0.08 | 15.2 | — | -1.16 | -1.64 | -2.52 | -1.96 | -1.17 | -2.21 | -1.55 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- |
| Promoters | 33.62% | 33.62% | 33.62% |
| DIIs | 13.91% | 13.91% | 13.91% |
| Public | 52.47% | 52.47% | 52.47% |
| No. of Shareholders | 14710 | 14704 | 14695 |

### Quarterly

| Category | Mar 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 33.62% | 33.62% | 33.62% | 33.62% | 33.62% | 33.62% | 33.62% |
| DIIs | 13.91% | 13.91% | 13.91% | 13.91% | 13.91% | 13.91% | 13.91% |
| Public | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% |
| No. of Shareholders | 14710 | 14705 | 14704 | 14703 | 14702 | 14697 | 14695 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1049.53 | Sell |
| EMA (10) | 1048.03 | Sell |
| SMA (20) | 1102.14 | Sell |
| EMA (20) | 1087.08 | Sell |
| SMA (50) | 1175.62 | Sell |
| EMA (50) | 1138.01 | Sell |
| SMA (100) | 1191.89 | Sell |
| EMA (100) | 1152.07 | Sell |
| SMA (200) | 1157.5 | Sell |
| EMA (200) | 1129.7 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.77 | Neutral |
| MACD (12,26,9) | -46.4 | Sell |
| Stochastic (14,3,3) | 21.23 | Neutral |
| ADX (14) | 16.39 | Neutral |
| Williams %R (14) | -68.04 | Neutral |
| ATR (14) | 52.04 | High Volatility |
| ROC (12) | -7.23 | Sell |
| Stoch RSI (14) | 46.13 | Neutral |
| UO (7,14,28) | 40.98 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/91d5e6bc-26fa-45ed-be46-51033d305276.pdf) |
| 2026-02-28 | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49BF1217_7F8A_48BE_AE6B_247283DCB5B9_101337.pdf) |
| 2026-02-20 | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/78DA09E0_5F25_4CF3_9976_32BC090C6D6B_101239.pdf) |
| 2026-02-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecf690ae-18b3-401f-8a85-0b0337e8fb03.pdf) |
| 2026-02-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0ffaf43-c832-43a4-8d05-74bd1820ac93.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/547902f0-a523-4faf-b8d4-1c261620b778.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0734beec-1550-4a3e-b09c-585dccee9ba8.pdf) |
| 2026-02-13 | [Unaudited Financial Results As On December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d1da665d-5b98-40bf-a7a5-79add1e84860.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ec530acc-7c15-4df2-a999-606fc9b51549.pdf) |
| 2018-05-14 | [Board Meeting - Board Meeting On 24.05.2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35216e2b-1e6d-4c74-9906-16300fe96143.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebf77231-92dc-4525-b9e7-dfd2de5a0386.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be2c43d7-a5cf-41c9-9cb8-f358930c5400.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ccb989d-ff06-412a-bd35-2d7a1f2d779d.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532834/73488532834.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532834/68645532834.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532834/5328340320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532834/5328340319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532834/5328340318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532834/5328340317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532834/5328340316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecf690ae-18b3-401f-8a85-0b0337e8fb03.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ccd2e4b-7145-45ba-9023-f1910ac21d3a.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae800b1d-78b3-45a1-96db-0e418bf66e57.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5cee5974-b7ad-4e28-8c67-4209944b7c15.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/555ae995-4f3d-429f-b8be-906ce780841a.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63d4387f-e2fe-449e-8d41-b0c301417a17.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f931ad5a-d8fc-455a-8dc7-b131a3463bd6.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66fea7c2-00b6-468d-9462-da2a012836b8.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c62cb7b0-e636-4a08-aaaa-5c4cc43ba4c9.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e2e521c-b02d-40d9-8dc3-96fe4cff01db.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2024-10-10 | Credit rating update — India Ratings |
| 2023-09-27 | Credit rating update — India Ratings |
| 2023-09-22 | Credit rating update — India Ratings |
| 2022-08-05 | Credit rating update — India Ratings |
| 2021-07-06 | Credit rating update — India Ratings |
| 2021-06-18 | Credit rating update — Acuité |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:00.973Z.