Salona Cotspin Ltd
SALONA NSE
Salona Cotspin Ltd
TextilesNSE: SALONA BSE: 590056 Cotton/Blended
Key Fundamentals
MicrocapCotton/BlendedTextilesMarket Cap
₹126 Cr
Volatility
Moderate
P/E Ratio
82.53
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
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 147 | 141 | 209 | 206 | 166 | 190 | 166 | 158 | 148 | 157 | 171 | 155 | 110 |
| Expenses | 142 | 134 | 199 | 200 | 160 | 182 | 158 | 149 | 142 | 147 | 162 | 148 | 102 |
| Operating Profit | 5.01 | 6.35 | 10.28 | 6.91 | 6.68 | 8.44 | 8.22 | 9.32 | 5.98 | 9.66 | 8.92 | 7.66 | 8.08 |
| OPM % | 3.41% | 4.52% | 4.92% | 3.35% | 4.01% | 4.44% | 4.95% | 5.89% | 4.05% | 6.15% | 5.22% | 4.93% | 7.31% |
| Other Income | 0.08 | 0.01 | 0.05 | 0.09 | 0.11 | 0.04 | 0.05 | 0.1 | -0.03 | 0.04 | 0.04 | 0.24 | 0.24 |
| Interest | 3.52 | 2.76 | 4.21 | 5.53 | 2.71 | 4.31 | 3.64 | 5.77 | 5.12 | 5.44 | 5.23 | 4.68 | 4.63 |
| Depreciation | 1.26 | 1.38 | 2.5 | 0.26 | 2.72 | 1.8 | 1.82 | 1.81 | 2.31 | 2.24 | 2.56 | 2.38 | 2.93 |
| PBT | 0.31 | 2.22 | 3.62 | 1.21 | 1.36 | 2.37 | 2.81 | 1.84 | -1.48 | 2.02 | 1.17 | 0.84 | 0.76 |
| Tax % | -912.9% | 7.21% | 51.93% | -19.83% | 34.56% | 3.38% | 22.06% | 14.13% | 96.62% | 24.26% | 8.55% | 61.9% | 280.26% |
| Net Profit | 3.14 | 2.06 | 1.73 | 1.44 | 0.9 | 2.27 | 2.19 | 1.58 | -2.92 | 1.53 | 1.07 | 0.33 | -1.37 |
| EPS in Rs | 5.97 | 3.91 | 3.29 | 2.74 | 1.71 | 4.31 | 4.16 | 3 | -5.55 | 2.91 | 2.03 | 0.63 | -2.6 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 100 | 121 | 107 | 133 | 122 | 230 | 647 | 487 | 722 | 662 | 594 |
| Expenses | 93 | 91 | 113 | 97 | 123 | 113 | 215 | 610 | 452 | 692 | 630 | 560 |
| Operating Profit | 10 | 9 | 9 | 9 | 10 | 9 | 15 | 37 | 35 | 30 | 32 | 34 |
| OPM % | 9% | 9% | 7% | 9% | 8% | 7% | 6% | 6% | 7% | 4.2% | 4.8% | 6% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 3 | 3 | 2 | 3 | 4 | 4 | 4 | 7 | 9 | 15 | 19 | 20 |
| Depreciation | 4 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 8 | 10 |
| PBT | 3 | 3 | 3 | 2 | 2 | 2 | 8 | 27 | 20 | 8 | 6 | 5 |
| 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 |
| 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 |
| 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
3 Jul - Salona Cotspin Limited has informed about Copy of Newspaper Publication regarding Special Window and Saksham Niveshak 3 Jul - Salona Cotspin Limited has informed about Copy of Newspaper Publication regarding Special Window and Saksham Niveshak
2
Certificate under SEBI (Depositories and Participants) Regulations, 2018
2 Jul - Salona Cotspin Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026 2 Jul - Salona Cotspin Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026
3
General Updates
30 June 2026 - Salona Cotspin Limited has informed about General Updates 30 June 2026 - Salona Cotspin Limited has informed about General Updates
4
General Updates
30 June 2026 - Pursuant to Regulation 30(5) of SEBI (LODR), 2015, the Board has authorized the following personnel of the Company for the purpose of determining materiality of … 30 June 2026 - Pursuant to Regulation 30(5) of SEBI (LODR), 2015, the Board has authorized the following personnel of the Company for the purpose of determining materiality of …
5
Outcome of Board Meeting
30 Jun - Salona Cotspin Limited has informed regarding Appointment of Managing Director - Mr. Manoj Kumar Jhajharia and Mr Shyam Lal Agarwala as Chairman & Director 30 Jun - Salona Cotspin Limited has informed regarding Appointment of Managing Director - Mr. Manoj Kumar Jhajharia and Mr Shyam Lal Agarwala as Chairman & Director
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 ₹126.30 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 82.53. 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 0.42%. 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