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Amarjothi Spinning Mills Ltd (AMARJOTHI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521097 NSE: AMARJOTHI Textile - Spinning | Small Cap | Amarjothi Spg. Mills Share Price

₹168 2.65 (1.60%)

As on 05-Jun'26 10:24

Amarjothi Spinning Mills Ltd (AMARJOTHI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521097 NSE: AMARJOTHI Textile - Spinning | Small Cap | Amarjothi Spg. Mills Share Price

₹168 2.65 (1.60%)

As on 05-Jun'26 10:24

Key Metrics
Valuation Multiples
Market Cap
₹112 Cr.
Current Price
₹168
52-Week Low / High
₹113 / 195
TTM EPS
₹13.9
TTM Sales
₹206 Cr.
Book Value per Share
₹292
P/E Ratio
11.91
Higher than its 5-year historical median
Industry PE
21.5
Price to Book (P/B)
0.57
Lower than its 5-year historical median
Price to Sales (P/S)
0.54
In line with its 5-year historical median
EV/EBITDA
5.30
In line with its 5-year historical median
Dividend Yield
1.50%
Profitability Efficiency
Return on Equity (ROE)
5.96%
In line with industry median
Return on Capital Employed (ROCE)
9.98%
Outperforms industry median
Return on Assets (ROA)
3.97%
Operating Profit Margin
14.8%
Net Profit Margin
5.19%
Gross Profit Margin
11.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
12.22%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
7.98%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
37.66%
Asset Quality
Promoter Holding
60.08%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹190 Cr.
Equity
₹6.8 Cr.
Face Value
₹10
All Time Low / High
₹2.25 / 264.80

Amarjothi Spinning Mills 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 Amarjothi Spinning Mills Ltd a good quality company?
Amarjothi Spinning Mills Ltd is a average quality company, based on a somewhat consistent 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 Amarjothi Spinning Mills Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Amarjothi Spinning Mills Ltd vs industry peers?
Amarjothi Spinning Mills Ltd revenue CAGR is 3.02%, compared to the industry median CAGR of 1.47%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Amarjothi Spinning Mills Ltd?
Promoters hold 60.08% of the Amarjothi Spinning Mills Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Amarjothi Spinning Mills Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 5.6% 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.
Amarjothi Spinning Mills Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 13.5%20.2%12.5%15.6%11.5%11.2%11.2%9.4%9%10%-
Value Creation
Index
0.00.4-0.10.1-0.2-0.2-0.2-0.3-0.4-0.3-

Growth Parameters

Sales 194217189212183167250209189213206
Sales YoY Gr.-11.7%-12.6%12%-13.6%-8.7%49.6%-16.3%-9.6%12.2%-
Adj EPS 12.118.717.415.414.624.330.714.611.615.913.9
YoY Gr.-54.6%-7.1%-11.2%-5.5%66.5%26.5%-52.4%-21%37.1%-
BVPS (₹) 128147.9162.7181.4194.6216.8245.7258.5267.6281.1292
Adj Net
Profit
8.212.611.710.49.916.420.79.97.810.79
Cash Flow from Ops. 23.914.418.262.942.736.715.728.12.523.7-
Debt/CF from Ops. 3.24.86.61.21.31.85.62.125.82.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1%3%-5.3%12.2%
Adj EPS 3%1.7%-19.8%37.1%
BVPS9.1%7.6%4.6%5.1%
Share Price 8.4% 3.7% -4.1% -7.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.813.611.297.811.813.35.84.45.84.8
Op. Profit
Mgn %
17.219.817.819.419.517.313.514.315.314.814.2
Net Profit
Mgn %
4.25.86.24.95.49.88.34.74.154.6
Debt to
Equity
0.90.71.10.60.40.50.50.30.40.30.3
Working Cap
Days
146155221200218236173209247245249
Cash Conv.
Cycle
113126178145137159125152183186236

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales194217189212183167250209189213
Operating Expenses + 161174156171147139216180160181
Manufacturing Costs41454838312250342829
Material Costs105113881129597141119104122
Employee Cost 9101414131316171920
Other Costs 57677710999
Operating Profit 33433441362934302931
Operating Profit Margin (%) 17.2%19.8%17.8%19.4%19.5%17.2%13.5%14.3%15.3%14.8%
Other Income + 2448282111
Exceptional Items 0000000000
Interest 13121213766778
Depreciation 1314131516149888
Profit Before Tax 9211320151620161416
Tax 171650-1665
Profit After Tax 914121410162110811
PAT Margin (%) 4.4%6.4%6.3%6.8%5.6%9.8%8.4%4.8%4.2%5.2%
Adjusted EPS (₹)12.820.417.721.415.324.231.215.011.916.4
Dividend Payout Ratio (%)15.70%9.80%11.30%9.40%13.10%8.70%7%14.70%18.50%13.50%

Valuation of Amarjothi Spg. Mills - 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 + 86100110122131146166175181190
Share Capital 7777777777
Reserves 8093103116125140159168174183
Debt +776911570476283566451
Long Term Debt606310864403448324244
Short Term Debt176767273524227
Minority Interest0000000000
Trade Payables384913610101610
Others Liabilities 23262226272420172223
Total Liabilities 189203251228219237279258282274

Fixed Assets

Net Fixed Assets +10684123108104120111136131123
Gross Block258233285265269299298332334335
Accumulated Depreciation152150162156165179188196204212
CWIP 55555537555
Investments 3421222311
Inventories45717154495066606888
Trade Receivables20282930303736355634
Cash Equivalents 1111011214
Others Assets 9111928282327172018
Total Assets 189203251228219237279258282274

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2414186343371628324
PBT 9211320151620161416
Adjustment 26242322221213131515
Changes in Working Capital -8-26-1220711-152-24-5
Tax Paid -3-5-60-1-3-3-4-3-3
Cash Flow From Investing Activity + 07-51-3-12-43-3010-32
Capex 07-52-5-12-29-1-2-2-1
Net Investments -0-20-0-1-8-1010
Others 01131-6-2812-23
Cash Flow From Financing Activity + -24-2233-59-31714-37-1-23
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -13-12-12-13-7-6-5-6-7-8
Dividend Paid -1-2-2-2-2-1-1-1-1-1
Others -9-846-45-221421-308-13
Net Cash Flow 0-1-00-11-01-13

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)10.3614.811.3812.418.1411.7513.515.954.525.96
ROCE (%)13.4520.2212.4715.5611.5311.1811.189.48.959.98
Asset Turnover Ratio0.981.10.830.890.820.730.970.780.70.76
PAT to CFO Conversion(x)2.6711.54.54.32.310.762.80.382.18
Working Capital Days
Receivable Days36.6040.2054.8050.7059.8073.5052.9061.5087.8077.60
Inventory Days90.3097.60137.40108.10102.50107.6084.70110.20123.60134.30
Payable Days20.201926.3021.7041.4034.6020.6031.5045.4037.80

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

Amarjothi Spinning Mills Ltd FAQs

The current trading price of Amarjothi Spg. Mills on 05-Jun-2026 10:24 is ₹168.0.

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 04-Jun-2026 the market cap of Amarjothi Spg. Mills stood at ₹111.6 Cr

The latest P/E ratio of Amarjothi Spg. Mills as of 04-Jun-2026 is 11.91.

The latest P/B ratio of Amarjothi Spg. Mills as of 04-Jun-2026 is 0.57.

The 52-week high of Amarjothi Spg. Mills is ₹195.0 and the 52-week low is ₹113.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Amarjothi Spg. Mills is ₹206 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Amarjothi Spinning Mills Ltd is a average quality company.

The key valuation ratios of Amarjothi Spinning Mills Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About Amarjothi Spinning Mills Ltd

Amarjothi Spinning Mills was incorporated in December 1987 and was converted into a public limited company in December 1991. It was promoted by the Amarjothi group of Tirupur. N Rajan is the Chairman of the company. The company went public with its maiden issue in January 1993 to part-finance a spinning mill to manufacture cotton yarn in Pudusuripalayam, Tamilnadu. For cotton spinning, the company has adopted the ring spinning system. The company has installed the latest textile machineries including blow room, carding machines, draw frames, simplex frames and ring frames from Lakshmi Machine Works and autoconers with electronic clearers and automatic splicers from Schlafhrost (India).

The company completed its first full year of operations in 1994-95, after raising capital through a public issue. In 1996-97 the installed capacity has been increased by 6016 spindles to 18992 spindles. Modernisation programme has been availed by the company to the tune of Rs 340.00 lakh under the Technology Upgradation Fund Scheme.During 2000-2001 the company had gone for expansion of Spindles to the extent of 4752 spindles.

Business area of the company

The company is engaged in the manufacturing and marketing of melange Yarn in India and internationally. It offers a range of yarn products that include cotton, organic cotton, organic exchange, viscose, polyester, bamboo, modal, excel, galaxy, neps, flax, multi-fiber series, and dyed yarn in various blends, shades, counts, and volumes. The company exports its products to Europe, Mauritius, Sri Lanka, Israel, Egypt, Turkey, Hong Kong, Malaysia, the Philippines, Korea, China, Japan, South African countries, and the United States.

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