---
title: "Shri Techtex Ltd (SHRITECH) — Share Price, Financials & Analysis"
symbol: "SHRITECH"
company: "Shri Techtex Ltd"
canonical: "https://tapetide.com/stocks/SHRITECH"
isin: "INE0OMF01015"
nse_symbol: "SHRITECH"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 150.95
generated_at: "2026-09-13T19:38:06.846Z"
---

# Shri Techtex Ltd (SHRITECH)

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

## Company

- **NSE Symbol:** SHRITECH
- **ISIN:** INE0OMF01015
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-08-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shritechtex.com

## About

Incorporated in 2011, Shri Techtex Ltd is in the business of manufacturing Technical Textiles, specifically non-woven fabrics[1]

## Latest Price

- **Price:** ₹59.7
- **Change:** 0 (0%)
- **Open:** ₹59.5
- **Day High:** ₹60.5
- **Day Low:** ₹59.05
- **Previous Close:** ₹59.7
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:42+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:26.021352Z.

- **Market Cap:** ₹150.95 Cr
- **Classification:** SME
- **P/E (reported):** 7.7
- **EPS (reported):** ₹4.92
- **Book Value:** ₹47.23
- **Price to Book:** 1.26
- **Dividend Yield:** 0%
- **ROE:** 16.37%
- **ROCE:** 21.89%
- **Debt to Equity:** 0.03
- **Revenue (yearly):** ₹89.7 Cr
- **Net Income:** ₹19.3 Cr
- **EBITDA:** ₹28.7 Cr
- **52-Week High:** ₹77.5
- **52-Week Low:** ₹51.35
- **RSI (14):** 46.38

## Tapetide Score

- **Score:** 65 / 100
- **Score date:** 2026-08-03
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Flat
- **Percentile:** 95.8 (of 4118 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 82%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 74.73 | 15% |
| growth | 52.23 | 15% |
| momentum | 57.66 | 15% |
| ownership | 62.63 | 10% |
| quality | 72.31 | 25% |
| valuation | 64.68 | 20% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -112.92% | -132.32% | -112.18% |
| ebitda margin growth | 10.95% | 18.11% | 28.54% |
| net income growth | 31.29% | 28% | 9% |
| revenue growth | 3.34% | 14% | 16% |
| roce | -0.45% | 5.29% | 22.79% |
| roe | 9.94% | 15.3% | -58.39% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 42 | 35 | 40 | 43 | 37 | 47 |
| Expenses | 33 | 24 | 29 | 33 | 30 | 31 |
| Operating Profit | 8 | 11 | 11 | 10 | 7 | 17 |
| OPM % | 20 | 32 | 28 | 23 | 18 | 35 |
| Other Income | 0 | 1 | 1 | 3 | 3 | 2 |
| Interest | 1 | 1 | 1 | 2 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 7 | 10 | 11 | 9 | 8 | 18 |
| Tax % | 23 | 31 | 28 | 25 | 26 | 25 |
| Net Profit | 5 | 7 | 8 | 7 | 6 | 13 |
| EPS in Rs | 2.09 | 2.83 | 3.06 | 2.82 | 2.42 | 5.31 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 16 | 39 | 51 | 57 | 76 | 83 | 84 |
| Expenses | 8 | 21 | 39 | 44 | 57 | 62 | 61 |
| Operating Profit | 8 | 18 | 12 | 13 | 20 | 21 | 23 |
| OPM % | 48 | 46 | 24 | 22 | 26 | 25 | 28 |
| Other Income | 0 | 1 | 1 | 1 | 2 | 4 | 6 |
| Interest | 1 | 1 | 1 | 1 | 2 | 3 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 6 | 17 | 11 | 12 | 17 | 20 | 26 |
| Tax % | 27 | 25 | 22 | 22 | 27 | 26 | 25 |
| Net Profit | 4 | 13 | 8 | 9 | 12 | 15 | 19 |
| EPS in Rs | 19.87 | 56.27 | 36.76 | 5.19 | 4.92 | 5.88 | 7.73 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 2 | 2 | 18 | 25 | 25 | 25 |
| Reserves | 6 | 19 | 19 | 13 | 59 | 74 | 93 |
| Borrowings | 5 | 15 | 25 | 32 | 11 | 11 | 3 |
| Other Liabilities | 5 | 11 | 7 | 12 | 5 | 5 | 13 |
| Total Liabilities | 18 | 47 | 53 | 74 | 100 | 115 | 134 |
| Fixed Assets | 10 | 12 | 37 | 38 | 46 | 48 | 46 |
| CWIP | 1 | 12 | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 13 | 14 | 14 |
| Other Assets | 6 | 22 | 16 | 34 | 40 | 53 | 73 |
| Total Assets | 18 | 47 | 53 | 74 | 100 | 115 | 134 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | 4 | 22 | -8 | 8 | 21 | -3 |
| Cash from Investing Activity | 0 | -14 | -13 | -3 | -22 | -4 | -3 |
| Cash from Financing Activity | 0 | 11 | -9 | 11 | 15 | -7 | -3 |
| Net Cash Flow | 0 | 0 | 0 | 1 | 2 | 10 | -9 |
| Free Cash Flow | 0 | -11 | 1 | -12 | -1 | 16 | -3 |
| CFO/OP | 28 | 43 | 198 | -42 | 61 | 121 | 15 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 46 | 103 | 71 | 75 | 92 | 111 | 85 |
| Inventory Days | — | 67 | 55 | 118 | 133 | 36 | 240 |
| Days Payable | — | 167 | 72 | 46 | 20 | 24 | 15 |
| Cash Conversion Cycle | 46 | 4 | 55 | 147 | 205 | 124 | 311 |
| Working Capital Days | 72 | 129 | 18 | 135 | 144 | 124 | 221 |
| ROCE % | — | 72 | 29 | 23 | 24 | 22 | 23 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.34% | 70.34% | 70.34% | 70.34% | 70.34% | 70.34% |
| FIIs | 3.31% | 3.36% | 1.82% | 0% | 0% | 0.45% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 18.06% | 22.14% | 23.57% | 24.64% | 25.35% | 25.25% |
| Others | 8.29% | 4.16% | 4.27% | 5.02% | 4.31% | 3.96% |
| No. of Shareholders | 1070 | 1152 | 1154 | 979 | 859 | 837 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 59.64 | Buy |
| EMA (10) | 59.95 | Sell |
| SMA (20) | 60.53 | Sell |
| EMA (20) | 60.77 | Sell |
| SMA (50) | 63.99 | Sell |
| EMA (50) | 62.17 | Sell |
| SMA (100) | 61.89 | Sell |
| EMA (100) | 63.14 | Sell |
| SMA (200) | 66.36 | Sell |
| EMA (200) | 65.04 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.37 | Neutral |
| MACD (12,26,9) | -1.16 | Buy |
| Stochastic (14,3,3) | 23.51 | Neutral |
| ADX (14) | 14.47 | Neutral |
| Williams %R (14) | -77.61 | Neutral |
| ATR (14) | 2.83 | High Volatility |
| ROC (12) | 2.93 | Buy |
| Stoch RSI (14) | 80.45 | Sell |
| UO (7,14,28) | 32.69 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 May 2026 - Shri Techtex submits SDD compliance certificate for FY ended March 31, 2026, confirming full compliance. | [Structural Digital Database 9 May 2026 - Shri Techtex submits SDD compliance certificate for FY ended March 31, 2026, confirming full compliance.](https://nsearchives.nseindia.com/corporate/SHRITECH_09052026153415_SDD_Compliance_Certificate.pdf) |
| 9 February 2026 - Company states no undisclosed material information; attributes price movement to market forces; affirms compliance (Feb 7, 2026). | [Price movement 9 February 2026 - Company states no undisclosed material information; attributes price movement to market forces; affirms compliance (Feb 7, 2026).](https://nsearchives.nseindia.com/corporate/kmahesh_09022026125002_Clarification_on_significant_price_movement.pdf) |
| 9 April 2026 - Company sold Ahmedabad property to Aurum Nets for ₹6.25 crore on April 8, 2026. | [General Updates 9 April 2026 - Company sold Ahmedabad property to Aurum Nets for ₹6.25 crore on April 8, 2026.](https://nsearchives.nseindia.com/corporate/SHRITECH_09042026194742_Intimation_Sale_Land.pdf) |
| 8 April 2026 - Submitted RTA confirmation certificate under Regulation 74(5) for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Submitted RTA confirmation certificate under Regulation 74(5) for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/SHRITECH_08042026193445_Certificate_Reg_74_5_.pdf) |
| 7 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/SHRITECH_07072026170448_Certificate_under_Regulation-74_5_.pdf) |
| 6 February 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 6 February 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SHRITECH&tabIndex=sme) |
| 27 November 2025 - Unaudited H1 results for Sep 30, 2025; PBT ₹811.55L; IPO proceeds ₹4,514L, ₹61.06L unutilised. | [Updates 27 November 2025 - Unaudited H1 results for Sep 30, 2025; PBT ₹811.55L; IPO proceeds ₹4,514L, ₹61.06L unutilised.](https://nsearchives.nseindia.com/corporate/SHRITECH_27112025173533_Updated_Outcome_of_Board_Meeting.pdf) |
| 25 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited FY2025-26 results declaration. | [Trading Window 25 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited FY2025-26 results declaration.](https://nsearchives.nseindia.com/corporate/SHRITECH_25032026173748_Intimation_Closure_of_Trading_Window.pdf) |
| 24 March 2026 - Hardik Mathur resigned as Company Secretary & Compliance Officer effective March 23, 2026. | [Resignation 24 March 2026 - Hardik Mathur resigned as Company Secretary & Compliance Officer effective March 23, 2026.](https://nsearchives.nseindia.com/corporate/SHRITECH_24032026153955_Intimationresignationcs.pdf) |
| 22 Jun - Promoter group disclosed 70.34% holding and no encumbrance as of March 31, 2026. | [Disclosure under SEBI Takeover Regulations 22 Jun - Promoter group disclosed 70.34% holding and no encumbrance as of March 31, 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_27042026175206_SHRITECH.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30508_SHRITECH_2025_2026_A_5706875_21082026192119.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28312_SHRITECH_2024_2025_A_1013396_03092025181732.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26237_SHRITECH_2023_2024_1609202413926.pdf) |

---

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 2026-09-13T19:38:06.846Z.