Is Shine Fashion (India) Ltd (543244) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shine Fashion (India) Ltd is a average quality company .

Is Shine Fashion (India) Ltd (543244) undervalued or overvalued?

The key valuation ratios of Shine Fashion (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Shine Fashion (India) Ltd (543244) share price return in the past 10 years?

Data is not available for this company

Is Shine Fashion (India) Ltd (543244) a good buy now?

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

What is the share price of Shine Fashion (India) Ltd (543244)?

Company share prices are keep on changing according to the market conditions. The current trading price of Shine Fashion (India) Ltd (543244) on 17-Apr-2026 16:59:59 at 16:59 is 30.17.

What is the P/E ratio of Shine Fashion (India)?

The latest standalone P/E ratio of Shine Fashion (India) as of 17-Apr-2026 is 11.59.

What is the P/B ratio of Shine Fashion (India) Ltd (543244)?

The latest standalone P/B ratio of Shine Fashion (India) Ltd (543244) as of 17-Apr-2026 is 1.96.

What is the 52-week high and low of Shine Fashion (India) Ltd (543244)?

The 52-week high of Shine Fashion (India) Ltd (543244) is Rs. 66.00 and the 52-week low is Rs. 18.00.

Shine Fashion (India) Ltd (543244) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Shine Fashion (India) Ltd (543244)
Brand: Shine Fashion (India)

Shine Fashion (India) Ltd (543244) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹81 Cr.

P/E Ratio

11.59

Price to Book (P/B)

1.96

Price to Sales (P/S)

1.00

EV/EBITDA

7.76

Return on Capital Employed (ROCE)

47.56%

Current Price

₹30.2

Return on Equity (ROE)

41.98%

Return on Assets (ROA)

16.39%

Operating Profit Margin

11.7%

Net Profit Margin

8.67%

Gross Profit Margin

11.6%

Book Value per Share

₹16.5

Sales Growth (YoY)

52.13%

Sales Growth (3 Years)

88.15%

Operating Profit Growth (1 Year)

80.96%

Operating Profit Growth (3 Years)

169.64%

Net Profit Growth (1 Year)

79.64%

52-Week Low / High

₹18 / 66

Net Profit Growth (3 Years)

160.84%

Dividend Yield

0.04%

Promoter Holding

65.20%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Shine Fashion (India) Ltd?

Shine Fashion (India) Ltd revenue growth is 52.1% for FY-2025 , which is below its 5 year CAGR of 59% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Shine Fashion (India) Ltd?

Promoters hold 65.20% of the Shine Fashion (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Shine Fashion (India) Ltd vs industry peers?

Shine Fashion (India) Ltd revenue CAGR is 59.03% , compared to the industry median CAGR of 0% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Shine Fashion (India) Ltd belong to?

Shine Fashion (India) Ltd belongs to the Miscellaneous sector, operating specifically within the Trading segment.

Q.1 Stock return of Shine Fashion (India) Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of 55.39% based on the current price.

DeciZen - make an informed investing decision on Shine Fashion (I)

Based on:

Data

M-Cap below 100cr DeciZen not available

Shine Fashion (India) stock performance

Key Ratios

Is Shine Fashion (India) Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	14.1%	6.2%	10.2%	16.3%	55.3%	47.6%	-
Value Creation Index ⓘ	0.0	-0.6	-0.3	0.2	3.0	2.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	7.9	6.9	12.1	19.9	52.9	80.5	80
Sales YoY Gr.	-	-13%	75.6%	65.1%	165.3%	52.1%	-
Adj EPS ⓘ	0.2	0.1	0.2	0.3	1.7	2.9	2.8
YoY Gr.	-	-55%	77.8%	93.8%	454.8%	68%	-
BVPS (₹) ⓘ	2.1	2.2	2.4	2.8	4.5	9.6	16.5
Adj Net Profit ⓘ	0.3	0.2	0.4	0.7	3.9	7	7
Cash Flow from Ops. ⓘ	0	-2.2	0.4	-1.2	1	1.9	-
Debt/CF from Ops. ⓘ	0	-0.3	1.3	-1.6	0.8	3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	59%	88.2%	52.1%
Adj EPS ⓘ	NA	70.6%	162.4%	68%
BVPSⓘ	NA	35.8%	58.6%	113.8%
Share Price	-	53.3%	80.5%	-27.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	9.8	4.7	7	12.1	47.4	41.9	21.3
Op. Profit Mgn % ⓘ	5.3	3.5	4	5.1	9.8	11.7	NAN
Net Profit Mgn % ⓘ	4.1	2.9	3	3.5	7.3	8.7	8.7
Debt to Equity ⓘ	0	0.1	0.1	0.3	0.1	0.3	-
Working Cap Days ⓘ	0	271	196	171	135	163	0
Cash Conv. Cycle ⓘ	0	224	162	118	57	42	0

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	2.8	2.8
TTM Sales (₹ Cr.)	80.5	81.6
BVPS (₹) ⓘ	16.5	16.5
Reserves (₹ Cr.) ⓘ	29	29
P/BV ⓘ	1.96	1.95
PE ⓘ	11.59	11.57

From the Market
52 Week Low / High (₹)	18.00 / 66.00
All Time Low / High (₹)	2.41 / 66.00
Market Cap (₹ Cr.)	80.8
Equity (₹ Cr.)	12.5
Face Value (₹)	5
Industry PE ⓘ	25.4

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Shine Fashion (I) - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	7.91	6.88	12.08	19.94	52.89	80.46
Operating Expenses ⓘ +	7.49	6.64	11.60	18.93	47.69	71.05
Manufacturing Costs	0.07	0.04	0.13	1.39	1.34	1
Material Costs	7.29	6.25	11.02	16.89	45.42	67.96
Employee Cost	0.03	0.07	0.10	0.17	0.23	0.76
Other Costs ⓘ	0.11	0.28	0.34	0.48	0.70	1.33
Operating Profit ⓘ	0.42	0.24	0.48	1.02	5.20	9.41
Operating Profit Margin (%)	5.3%	3.5%	4.0%	5.1%	9.8%	11.7%
Other Income ⓘ +	0.05	0.05	0.12	0.13	0.04	0.07
Exceptional Items ⓘ	0	0	0	0	0	0
Interest ⓘ	0	0.02	0.07	0.07	0.05	0.14
Depreciation ⓘ	0	0.01	0.01	0.01	0.01	0.02
Profit Before Tax ⓘ	0.47	0.26	0.53	1.06	5.19	9.32
Tax ⓘ	0.12	0.03	0.13	0.27	1.31	2.35
Profit After Tax	0.34	0.23	0.39	0.79	3.88	6.97
PAT Margin (%)	4.4%	3.3%	3.3%	4.0%	7.3%	8.7%
Adjusted EPS (₹)	0.2	0.1	0.2	0.4	1.7	2.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	1%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	3.33	5	5.39	6.19	10.06	23.15
Share Capital ⓘ	1	1.40	1.40	1.40	1.40	1.50
Reserves ⓘ	2.33	3.60	4	4.79	8.67	21.65
Debt +	0	0.71	0.54	1.86	0.81	5.72
Long Term Debt	0	0	0	0	0	0
Short Term Debt	0	0.71	0.54	1.86	0.81	5.72
Minority Interest	0	0	0	0	0	0
Trade Payables	0.63	0.26	0.83	3.54	15.10	26.25
Others Liabilities ⓘ	0.29	0.16	0.24	0.34	1.36	2.63
Total Liabilities ⓘ	4.24	6.12	7	11.91	27.34	57.76
Fixed Assets
Net Fixed Assets ⓘ +	0.04	0.04	0.03	0.02	0.06	0.06
Gross Block	0.05	0.05	0.05	0.05	0.10	0.12
Accumulated Depreciation	0	0.01	0.02	0.03	0.04	0.06
CWIP ⓘ	0	0	0	0	0	0
Investments ⓘ	0	0	0.01	0.01	0.01	0.01
Inventories	0.41	0.37	0.38	0.87	6.43	11.70
Trade Receivables	3.35	5.26	5.84	10.30	17.54	26.55
Cash Equivalents	0.04	0.04	0.04	0.10	0.02	12.94
Others Assets ⓘ	0.39	0.42	0.71	0.61	3.29	6.49
Total Assets ⓘ	4.24	6.12	7	11.91	27.34	57.76

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0	-2.24	0.41	-1.17	1.03	1.91
PBT ⓘ	0.47	0.26	0.53	1.06	5.19	9.32
Adjustment ⓘ	0	0.04	0.08	0.08	0.04	0.05
Changes in Working Capital ⓘ	-0.46	-2.44	-0.13	-2.12	-3.94	-6.16
Tax Paid ⓘ	0	-0.10	-0.06	-0.19	-0.26	-1.31
Cash Flow From Investing Activity ⓘ +	0.03	0	-0.18	-0.01	-0.03	-0.02
Capex	0	0	-0	0	-0.05	-0.02
Net Investments	0	0	-0.01	0	0	0
Others ⓘ	0.03	0	-0.17	-0.01	0.02	0
Cash Flow From Financing Activity ⓘ +	0.01	2.24	-0.23	1.24	-1.08	11.04
Net Proceeds from Shares ⓘ	0.01	1.60	0	0	0	6.11
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0
Interest Paid ⓘ	0	-0.02	-0.07	-0.07	-0.03	-0.04
Dividend Paid ⓘ	0	0	0	0	0	0
Others ⓘ	0	0.66	-0.17	1.32	-1.05	4.96
Net Cash Flow ⓘ	0.04	-0	-0	0.07	-0.09	12.92

Finance Ratio

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	10.37	5.51	7.56	13.66	47.75	41.98
ROCE (%)	14.09	6.21	10.22	16.25	55.32	47.56
Asset Turnover Ratio	1.86	1.33	1.84	2.11	2.69	1.89
PAT to CFO Conversion(x)	0	-9.74	1.05	-1.48	0.27	0.27
Working Capital Days
Receivable Days	155	228	168	148	96	100
Inventory Days	19	21	11	11	25	41
Payable Days	32	26	18	47	75	111

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Shine Fashion (India) Ltd FAQs

The current trading price of Shine Fashion (I) on 17-Apr-2026 16:59 is ₹30.17.

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 16-Apr-2026 the market cap of Shine Fashion (I) stood at ₹80.79 Cr

The latest P/E ratio of Shine Fashion (I) as of 16-Apr-2026 is 11.59.

The latest P/B ratio of Shine Fashion (I) as of 16-Apr-2026 is 1.96.

The 52-week high of Shine Fashion (I) is ₹66.00 and the 52-week low is ₹18.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shine Fashion (I) is ₹80.46 ( Cr.) .

About Shine Fashion (India) Ltd

The company was incorporated as a public limited company under the Companies Act, 2013 and registered with the Registrar of Companies, Central Registration Centre with the name & style ‘Shine Fashions (India) Limited’ pursuant to a certificate of incorporation dated September 11, 2019. Subsequently, the company has acquired the entire business with the assets and liabilities of A. M. Fabrics sole proprietorship concern of father of its Promoter Anil Mehta vide Business Transfer Agreement dated September 30, 2019.

Business area of the company

The company is primarily engaged in importing, supplying and trading of non -woven interlining fabrics, woven fusible interlinings and microdot fusible interlinings. It sources its products from reliable manufacturers of the market. The interlinings produced are in different sizes, to cater diverse customers specifications. It is offering high grade quality and fine finish products to customers. It provides bulk of products to its customers in the stipulated time frame and as per their choice. Its products are provided in safe and tight packing to ensure their accurate delivery to the patrons. The company’s proficiency lies in understanding the specific requirement of its customers and based on which it place the order of its products to manufacturer having requisite manufacturing facilities. It supervise the entire manufacturing process including selection of interlinings produced till dispatch of the goods to customers place, to assure product quality and customer satisfaction.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Shine Fashion (India) Ltd (543244) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Shine Fashion (I) Share Price