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Bhilwara Spinners Ltd (514272)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514272 NSE: Trading | Small Cap | Bhilwara Spinners Share Price

₹122.40 -1.50 (-1.21%)

As on 10-Jun'26 16:59

Bhilwara Spinners Ltd (514272)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514272 NSE: Trading | Small Cap | Bhilwara Spinners Share Price

₹122.40 -1.50 (-1.21%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹112 Cr.
Current Price
₹122.4
52-Week Low / High
₹99 / 137
TTM EPS
₹5.4
TTM Sales
₹74.5 Cr.
Book Value per Share
₹55.5
P/E Ratio
22.85
Higher than its 5-year historical median
Industry PE
36.2
Price to Book (P/B)
2.23
Higher than its 5-year historical median
Price to Sales (P/S)
1.51
Lower than its 5-year historical median
EV/EBITDA
16.08
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
3.89%
Outperforms industry median
Return on Capital Employed (ROCE)
3.01%
Underperforms industry median
Return on Assets (ROA)
1.57%
Operating Profit Margin
12.8%
Net Profit Margin
6.93%
Gross Profit Margin
10%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
165.64%
Operating Profit Growth (1 Year)
-
469.64%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
0%
Asset Quality
Promoter Holding
58.94%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹41 Cr.
Equity
₹9.1 Cr.
Face Value
₹10
All Time Low / High
₹1.05 / 187.80

Bhilwara Spinners stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Bhilwara Spinners Ltd a good quality company?
Bhilwara Spinners Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Bhilwara Spinners Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bhilwara Spinners Ltd vs industry peers?
Bhilwara Spinners Ltd revenue CAGR is 29.45%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Bhilwara Spinners Ltd?
Promoters hold 58.94% of the Bhilwara Spinners Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bhilwara Spinners Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 26.1% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bhilwara Spinners Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 43.9%19.5%7.9%39.2%24.1%5.9%7.1%12.4%3.6%3%-
Value Creation
Index
2.10.4-0.41.80.7-0.6-0.5-0.1-0.8-0.8-

Growth Parameters

Sales 2.94.95.42.16.922.719.42574
Sales YoY Gr.-66.1%10.3%-60.6%225.6%-71.3%36%-63.8%869.1%165.6%-
Adj EPS 0.70.30.70.40.91.30.80.90.81.45.4
YoY Gr.--57.1%133.3%-44.3%130.8%44.4%-38.5%12.5%-16.7%85.3%-
BVPS (₹) 15.518.219.326.632.333.93639.948.150.155.5
Adj Net
Profit
0.50.20.50.30.60.90.50.60.71.35
Cash Flow from Ops. -5.1-2.3-1.5-7.8-4.34.4-1.99.2-10.111.7-
Debt/CF from Ops. 0-0.3-0.700000-5.26.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 26.9%29.5%110.4%165.6%
Adj EPS 7.9%9.1%20.2%85.3%
BVPS13.9%9.2%11.6%4%
Share Price 26.7% 49% 44.5% -8.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.31.83.71.73.13.92.32.41.92.810.3
Op. Profit
Mgn %
-12.8-19.2-4-50.7-9.6-23.4-13.6-32.1612.816.5
Net Profit
Mgn %
16.24.18.812.58.844.620.262.97.35.16.6
Debt to
Equity
00.10.1000001.21.61.3
Working Cap
Days
1,1309159432,8391,0193,2942,1974,37650222990
Cash Conv.
Cycle
2911539-6813962343157121991-8

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales35527231925
Operating Expenses + 36638231922
Manufacturing Costs0000000001
Material Costs35527231820
Employee Cost 0000000001
Other Costs 0100000000
Operating Profit -0-1-0-1-1-0-0-013
Operating Profit Margin (%) -12.8%-19.2%-4.0%-50.7%-9.6%-23.4%-13.6%-32.1%6.0%12.8%
Other Income + 4111121100
Exceptional Items 0207501321
Interest 0000000001
Depreciation 0000000001
Profit Before Tax 4216512322
Tax 1101100101
Profit After Tax 3215411322
PAT Margin (%) 107.9%36.7%13.9%234.6%55.9%54.9%52.5%269.1%18.4%6.9%
Adjusted EPS (₹)4.72.61.17.35.71.62.13.91.91.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Bhilwara Spinners - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 11121318222324274445
Share Capital 7777777799
Reserves 46611151618203536
Debt +011000005169
Long Term Debt000000005165
Short Term Debt0110000014
Minority Interest0000000000
Trade Payables0220000111
Others Liabilities 2112111027
Total Liabilities 121516202324262898123

Fixed Assets

Net Fixed Assets +11222998854
Gross Block11222998855
Accumulated Depreciation0000000001
CWIP 0000000107056
Investments 0000000000
Inventories0000014492
Trade Receivables1410510012
Cash Equivalents 0100000300
Others Assets 10914181514123107
Total Assets 121516202324262898123

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -5-2-1-8-44-29-1012
PBT 4216512322
Adjustment -5-4-2-9-6-2-2-4-21
Changes in Working Capital -4-1-1-5-35-110-109
Tax Paid 0000000-1-0-0
Cash Flow From Investing Activity + 53085-52-7-58-32
Capex 42-174-61-7-58-32
Net Investments 0000000000
Others 0111121100
Cash Flow From Financing Activity + 000000006520
Net Proceeds from Shares 00000000150
Net Proceeds from Borrowing 000000005115
Interest Paid 00000000-0-1
Dividend Paid 0000000000
Others 0000000007
Net Cash Flow -11-1-00-003-30

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)35.2515.635.8831.919.294.845.9610.184.923.89
ROCE (%)43.8719.457.9239.2124.075.937.1212.423.563.01
Asset Turnover Ratio0.270.350.340.120.320.080.110.040.150.23
PAT to CFO Conversion(x)-1.67-1-1-1.6-14-23-56
Working Capital Days
Receivable Days63.80189.50158.5054.40136.80583.70114.50020.1021.80
Inventory Days000016.6079332.701,480241.6081.20
Payable Days66.6075.60122.50139.607.3048.2042.50258.3035.3012.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bhilwara Spinners Ltd FAQs

The current trading price of Bhilwara Spinners on 10-Jun-2026 16:59 is ₹122.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Bhilwara Spinners stood at ₹112.2 Cr

The latest P/E ratio of Bhilwara Spinners as of 09-Jun-2026 is 22.85.

The latest P/B ratio of Bhilwara Spinners as of 09-Jun-2026 is 2.23.

The 52-week high of Bhilwara Spinners is ₹137.0 and the 52-week low is ₹98.90.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bhilwara Spinners is ₹74.47 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bhilwara Spinners Ltd is a below average quality company.

The key valuation ratios of Bhilwara Spinners Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bhilwara Spinners Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Bhilwara Spinners Ltd

Bhilwara Spinners, the flagship company of LNJ Bhilwara Group, was originally incorporated under the name of Bhilwara Texturisers Private limited on June 7,1980. Further, the company’s name was changed to Bhilwara Private Limited on  December 17,1981and it was again changed to Bhilwara Spinners Private limited on  February 11,1983.

The company is into the manufacturing synthetic blended yarn in raw white. The range of the yarn includes, 100% Polyester, Viscose, Acrylic, Polyester/Viscose blended, Polyester/Acrylic blended, Polyester/Viscose blended, Polyester/Linen blended,Viscose/Linen blended, High Twist / Super High Twist, Slub/ Spun yarn, Blended with Texturised, Special Application yarns for Carpet, Sewing Thread, Flame and Temperature Resistance yarn like Aramide, Modacrylic, Homo Acrylic, Poly Sulphide yarn (PPA).

Bhilwara Spinners Limited is an integral part of the LNJ Bhilwara Group. The Group is a multi-product conglomerate with a global presence and business interests spanning diverse industries like Textiles, Power Generation, Graphite Electrodes and IT enabled services.

Bhilwara Spinners, based at Bhilwara (Rajasthan), is engaged in the manufacture of cotton yarn, mercerised cotton yarn, synthetic blended yarn, hosiery yarn, and sewing threads in cotton and synthetics with an installed capacity of 29,536 spindles and 672 Rotors at its plant.

Based on the requirement of the market, Bhilwara Spinners diversified its product portfolio and now producing various value added product mix like Polyester / Acrylic, mod acrylic flame retardant yarn, Sewing thread, Slub yarn, Viscose Carpet Yarn, Linen Yarn etc. The unit is also manufacturing products suitable for other uses like upholstery, tapestry, and industrial fabrics.

The company also exports its products to more than 28 countries with major presence in Europe, Latin America, Middle East, Africa and the Far East.

The company is one of the biggest Export House of all kinds of Synthetic Ring Spun Yarns. It already has a very strong presence in markets like Europe, Latin America, Middle East, Africa and Far East and exportd 50% of its volume to these markets. 

Future plans

The company is planning to expand its operations in France.

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