Salona Cotspin Ltd
SALONA NSE
Salona Cotspin Ltd
TextilesNSE: SALONA BSE: 590056 Cotton/Blended
Key Fundamentals
MicrocapCotton/BlendedTextilesMarket Cap
₹142 Cr
Volatility
Moderate
P/E Ratio
62.76
EBITDA
₹34.32 Cr
Return on Equity
3.79%
Debt to Equity
2.29
Book Value
₹159.08
EPS
₹12.06
52W High
₹320
52W Low
₹200
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Debtor days have improved from 62.1 to 48.8 days.
- Company's working capital requirements have reduced from 16.4 days to 10.3 days
Weaknesses
2- Company has low interest coverage ratio.
- Company has a low return on equity of 4.48% over last 3 years.
Growth Rate
Revenue Growth
-10.34% ↘
Net Income Growth
27.42% ↘
Cash Flow Change
635.63% ↗
ROE
-50.65% ↘
ROCE
7.28% ↗
EBITDA Margin (Avg.)
18.97% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 141 | 209 | 206 | 166 | 190 | 166 | 158 | 148 | 157 | 171 | 155 | 110 | 197 |
| Expenses | 134 | 199 | 200 | 160 | 182 | 158 | 149 | 142 | 147 | 162 | 148 | 102 | 186 |
| Operating Profit | 6.35 | 10.28 | 6.91 | 6.68 | 8.44 | 8.22 | 9.32 | 5.98 | 9.66 | 8.92 | 7.66 | 8.08 | 10.68 |
| OPM % | 4.52% | 4.92% | 3.35% | 4.01% | 4.44% | 4.95% | 5.89% | 4.05% | 6.15% | 5.22% | 4.93% | 7.31% | 5.43% |
| Other Income | 0.01 | 0.05 | 0.09 | 0.11 | 0.04 | 0.05 | 0.1 | -0.03 | 0.04 | 0.04 | 0.24 | 0.24 | 0.05 |
| Interest | 2.76 | 4.21 | 5.53 | 2.71 | 4.31 | 3.64 | 5.77 | 5.12 | 5.44 | 5.23 | 4.68 | 4.63 | 5.42 |
| Depreciation | 1.38 | 2.5 | 0.26 | 2.72 | 1.8 | 1.82 | 1.81 | 2.31 | 2.24 | 2.56 | 2.38 | 2.93 | 2.49 |
| PBT | 2.22 | 3.62 | 1.21 | 1.36 | 2.37 | 2.81 | 1.84 | -1.48 | 2.02 | 1.17 | 0.84 | 0.76 | 2.82 |
| Tax % | 7.21% | 51.93% | -19.83% | 34.56% | 3.38% | 22.06% | 14.13% | 96.62% | 24.26% | 8.55% | 61.9% | 280.26% | 19.86% |
| Net Profit | 2.06 | 1.73 | 1.44 | 0.9 | 2.27 | 2.19 | 1.58 | -2.92 | 1.53 | 1.07 | 0.33 | -1.37 | 2.26 |
| EPS in Rs | 3.91 | 3.29 | 2.74 | 1.71 | 4.31 | 4.16 | 3 | -5.55 | 2.91 | 2.03 | 0.63 | -2.6 | 4.29 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 100 | 121 | 107 | 133 | 122 | 230 | 647 | 487 | 722 | 662 | 594 | 633 |
| Expenses | 93 | 91 | 113 | 97 | 123 | 113 | 215 | 610 | 452 | 692 | 630 | 560 | 598 |
| Operating Profit | 10 | 9 | 9 | 9 | 10 | 9 | 15 | 37 | 35 | 30 | 32 | 34 | 35 |
| OPM % | 9% | 9% | 7% | 9% | 8% | 7% | 6% | 6% | 7% | 4.2% | 4.8% | 6% | 6% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 3 | 3 | 2 | 3 | 4 | 4 | 4 | 7 | 9 | 15 | 19 | 20 | 20 |
| Depreciation | 4 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 8 | 10 | 10 |
| PBT | 3 | 3 | 3 | 2 | 2 | 2 | 8 | 27 | 20 | 8 | 6 | 5 | 6 |
| Tax % | 17% | 17% | -20% | 4% | 29% | 38% | 20% | 26% | 13% | 27% | 43% | 67% | — |
| Net Profit | 2 | 2 | 3 | 2 | 2 | 1 | 6 | 20 | 18 | 6 | 3 | 2 | 2 |
| EPS in Rs | 4.01 | 4.31 | 6.35 | 4.05 | 3.1 | 2.22 | 11.78 | 37.61 | 33.39 | 11.65 | 5.95 | 2.96 | 4.35 |
| Div. Payout % | 0% | 18% | 10% | 15% | 20% | 0% | 9% | 3% | 4% | 9% | 17% | 20% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 17 | 19 | 23 | 25 | 26 | 27 | 33 | 52 | 69 | 74 | 77 | 78 |
| Borrowings | 26 | 31 | 35 | 43 | 51 | 40 | 77 | 139 | 157 | 257 | 239 | 190 |
| Other Liabilities | 6 | 9 | 8 | 10 | 8 | 11 | 24 | 32 | 39 | 27 | 33 | 31 |
| Total Liabilities | 54 | 64 | 71 | 83 | 90 | 83 | 138 | 228 | 270 | 364 | 354 | 304 |
| Fixed Assets | 21 | 18 | 17 | 15 | 26 | 24 | 27 | 43 | 41 | 70 | 106 | 122 |
| CWIP | 0 | 0 | 0 | 5 | 1 | 0 | 0 | 0 | 0 | 36 | 18 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 33 | 46 | 54 | 63 | 63 | 59 | 112 | 185 | 229 | 257 | 230 | 179 |
| Total Assets | 54 | 64 | 71 | 83 | 90 | 83 | 138 | 228 | 270 | 364 | 354 | 304 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 10 | 0 | -3 | 4 | 6 | 14 | -24 | -35 | -5 | -12 | 64 | 79 |
| Investing | 0 | -1 | -2 | -7 | -10 | 0 | -5 | -20 | -3 | -72 | -26 | -10 |
| Financing | -10 | 2 | 3 | 3 | 4 | -14 | 29 | 54 | 8 | 84 | -38 | -69 |
| Net Cash Flow | -1 | 2 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 9 | -1 | -5 | -3 | -4 | 14 | -29 | -54 | -9 | -84 | 37 | 69 |
| CFO/OP | 101 | 0 | -35 | 43 | 64 | 167 | -161 | -93 | -8 | -35 | 198 | 233 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 46 | 65 | 65 | 50 | 41 | 85 | 54 | 92 | 73 | 65 | 49 |
| Inventory Days | 101 | 148 | 115 | 184 | 146 | 159 | 124 | 43 | 51 | 34 | 42 | 44 |
| Days Payable | 9 | 22 | 17 | 34 | 16 | 29 | 52 | 12 | 22 | 7 | 9 | 6 |
| Cash Conversion Cycle | 123 | 172 | 163 | 216 | 181 | 171 | 157 | 85 | 121 | 100 | 98 | 86 |
| Working Capital Days | 45 | 49 | 50 | 47 | 36 | 41 | 37 | 25 | 43 | 24 | 15 | 10 |
| ROCE % | 11% | 11% | 9% | 8% | 8% | 8% | 13% | 22% | 14% | 8% | 7% | 8% |
Documents
1
Copy of Newspaper Publication
15 Aug - Salona Cotspin Limited has informed about Copy of Newspaper Publication for declaration of the Un-audited financial results of the Company for the quarter ended June … 15 Aug - Salona Cotspin Limited has informed about Copy of Newspaper Publication for declaration of the Un-audited financial results of the Company for the quarter ended June …
2
Revised Record date
14 Aug - We wish to clarify that, due to an inadvertent error in the aforesaid intimation, the Record Date was mentioned as September 17, 2026, instead of … 14 Aug - We wish to clarify that, due to an inadvertent error in the aforesaid intimation, the Record Date was mentioned as September 17, 2026, instead of …
3
Outcome of Board Meeting
13 Aug - Salona Cotspin Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026. 13 Aug - Salona Cotspin Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
4
General Updates
13 Aug - Salona Cotspin Limited has informed about General Updates - Appointment of Shanmugam R M as Independent Director subject to Shareholder approval in the AGM, Date … 13 Aug - Salona Cotspin Limited has informed about General Updates - Appointment of Shanmugam R M as Independent Director subject to Shareholder approval in the AGM, Date …
5
Appointment
13 Aug - Salona Cotspin Limited has informed regarding Appointment of Mr SHANMUGAM R M as Non- Executive Independent Director of the company w.e.f. August 13, 2026. 13 Aug - Salona Cotspin Limited has informed regarding Appointment of Mr SHANMUGAM R M as Non- Executive Independent Director of the company w.e.f. August 13, 2026.
Frequently Asked Questions about Salona Cotspin Ltd
What does Salona Cotspin Ltd do?
Incorporated in 1996, Salona Cotspin Ltd manufactures and sells Textiles[1]
Where is Salona Cotspin Ltd (SALONA) listed?
Salona Cotspin Ltd is listed on the Indian stock exchanges. It is listed on NSE: SALONA and BSE: 590056. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Salona Cotspin Ltd belong to?
Salona Cotspin Ltd operates in the Textiles sector within the Cotton/Blended industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Salona Cotspin Ltd?
Salona Cotspin Ltd has a market capitalisation of approximately ₹142.08 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Salona Cotspin Ltd?
The Price-to-Earnings (PE) ratio of Salona Cotspin Ltd is 62.76. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Salona Cotspin Ltd?
Over the past 52 weeks, Salona Cotspin Ltd has traded between a low of ₹200 and a high of ₹320. This range helps investors understand the stock's price volatility and recent trading levels.
Does Salona Cotspin Ltd pay dividends?
Yes, Salona Cotspin Ltd has a dividend yield of 0.37%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Salona Cotspin Ltd?
Salona Cotspin Ltd has a Return on Equity (ROE) of 3.79%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Salona Cotspin Ltd on Tapetide?
On Tapetide, you can view Salona Cotspin Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1996, Salona Cotspin Ltd manufactures and sells Textiles[1]
Website salonacotspin.com
CEO Mr. Shyamlal Agarwala
Employees 356
Listed 2016-06-16
Face Value ₹ 10
Issued Size 52,62,400