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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

₹147.55 0.00 (0.00%)

As on 23-Sep'26 16:59

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

₹147.55 0.00 (0.00%)

As on 23-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹100 Cr.
Current Price
₹147.6
52-Week Low / High
₹113 / 187
TTM EPS
₹19.1
TTM Sales
₹245 Cr.
Book Value per Share
₹300.6
P/E Ratio
7.73
Lower than its 5-year historical median
Industry PE
19.9
Price to Book (P/B)
0.49
Lower than its 5-year historical median
Price to Sales (P/S)
0.41
Lower than its 5-year historical median
EV/EBITDA
4.70
Lower than its 5-year historical median
Dividend Yield
1.49%
Profitability Efficiency
Return on Equity (ROE)
4.86%
Outperforms industry median
Return on Capital Employed (ROCE)
9.15%
Outperforms industry median
Return on Assets (ROA)
3.25%
Operating Profit Margin
13.3%
Net Profit Margin
4.29%
Gross Profit Margin
10.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-3.09%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-7.08%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-16.12%
Asset Quality
Promoter Holding
60.08%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹196 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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M-Cap below 100cr DeciZen not available

Q.1 Is Amarjothi Spinning Mills Ltd a good quality company?
Amarjothi Spinning Mills Ltd is a quality company, based on a 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 4.36%, compared to the industry median CAGR of 0%, 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 3.2% based on the current price.

10 Year X-Ray :

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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 20.2%12.5%15.6%11.5%11.2%11.2%9.4%9%10%9.2%-
Value Creation
Index
0.4-0.10.1-0.2-0.2-0.2-0.3-0.4-0.3-0.4-

Growth Parameters

Sales 217189212183167250209189213206210
Sales YoY Gr.--12.6%12%-13.6%-8.7%49.6%-16.3%-9.6%12.2%-3.1%-
Adj EPS 18.717.415.414.624.330.714.611.615.913.218.7
YoY Gr.--7.1%-11.2%-5.5%66.5%26.5%-52.4%-21%37.1%-16.8%-
BVPS (₹) 147.9162.7181.4194.6216.8245.7258.5267.6281.1292296.6
Adj Net
Profit
12.611.710.49.916.420.79.97.810.78.913
Cash Flow from Ops. 14.418.262.942.736.715.728.12.523.77.5-
Debt/CF from Ops. 4.86.61.21.31.85.62.125.82.27.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.6%4.3%-0.6%-3.1%
Adj EPS -3.8%-11.5%-3.4%-16.8%
BVPS7.9%6.1%4.2%3.9%
Share Price 3.2% -1% -4.2% -5.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
13.611.297.811.813.35.84.45.84.66.4
Op. Profit
Mgn %
19.817.819.419.517.313.514.315.314.814.214.4
Net Profit
Mgn %
5.86.24.95.49.88.34.74.154.36
Debt to
Equity
0.71.10.60.40.50.50.30.40.30.3-
Working Cap
Days
155221200218236173209247245264249
Cash Conv.
Cycle
126178145137159125152183186221236

Valuation of Amarjothi Spg. Mills - Consolidated

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!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales216.82189.62213.88172.26179.50257.47210.14201.89230.30222.15
Operating Expenses + 168.53147.31171.08133.51143.62221.03178.72172.64198.49192.60
Manufacturing Costs39.8339.2336.8928.3620.3147.9132.9028.2029.4129.36
Material Costs112.1187.83112.2683.94102.26145.92118.82115.84138.93132.43
Employee Cost 9.7113.9114.1313.5113.3716.3117.6519.7220.5722.11
Other Costs 6.886.347.807.707.6810.889.358.899.598.71
Operating Profit 48.2942.3142.8038.7535.8836.4431.4229.2531.8029.55
Operating Profit Margin (%) 22.3%22.3%20.0%22.5%20.0%14.2%15.0%14.5%13.8%13.3%
Other Income + 3.483.439.315.367.971.761.320.631.381.54
Exceptional Items 0000000000
Interest 12.4912.1214.229.9412.056.467.387.188.157.79
Depreciation 13.8413.3316.7617.4417.9810.058.848.298.438.23
Profit Before Tax 25.4420.2921.1416.7313.8221.6916.5214.4116.6015.07
Tax 7.592.445.954.730.14-0.495.986.235.255.54
Profit After Tax 17.8517.8515.181213.6922.1810.548.1811.359.52
PAT Margin (%) 8.2%9.4%7.1%7.0%7.6%8.6%5.0%4.1%4.9%4.3%
Adjusted EPS (₹)22.519.222.616.123.332.315.312.116.814.1
Dividend Payout Ratio (%)8.90%10.40%8.90%12.40%9%6.80%14.40%18.20%13.10%15.60%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 99.82110.76124.78134.26147.76170.12176.79193.40192.07199.68
Share Capital 6.756.756.756.756.756.756.756.756.756.75
Reserves 93.07104.01118.03127.51141.01163.37170.04186.65185.32192.93
Debt +77.95159.40108.44117.8074.5893.1460.9163.8651.0355.56
Long Term Debt71.90152.33102.63110.3847.2058.1836.7741.8843.6355.56
Short Term Debt6.067.085.817.4327.3834.9624.1321.987.400
Minority Interest5.994.068.098.2901.464.09000
Trade Payables8.345.6859.6015.325.6510.2310.3434.029.8127.85
Others Liabilities 25.8822.0125.8926.9325.2821.3517.4922.0623.4226.30
Total Liabilities 217.99301.91326.80302.60253.28296.29269.61313.34276.33309.39

Fixed Assets

Net Fixed Assets +98.69164.56185.72171.98133.98121.72147.27141.65123.31118.42
Gross Block261.48340.14355.44351.92326.71323.79357.94360.22339.23337.91
Accumulated Depreciation162.79175.59169.72179.94192.73202.07210.67218.57215.92219.49
CWIP 4.945.354.974.974.9736.694.984.974.944.94
Investments 0.830.830.910.910.910.910.910.910.910.91
Inventories71.7272.865560.8656.7867.5062.0285.6789.61118.89
Trade Receivables27.6028.3329.1618.5330.9235.9334.2157.7635.0849.09
Cash Equivalents 0.865.492.040.781.892.232.501.364.414.98
Others Assets 13.3424.4849.0144.5823.8331.3017.7321.0218.0812.15
Total Assets 217.99301.91326.80302.60253.28296.29269.61313.34276.33309.39
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 27.0716.56104.1817.7254.3712.1334.178.5114.068.76
PBT 25.4420.2921.1416.7313.8221.6916.5214.4116.6015.07
Adjustment 23.9223.7623.4023.0821.8914.5614.3514.7715.4015.05
Changes in Working Capital -17.51-20.863.71-18.6621.71-21.227.11-23.2-15.39-18.41
Tax Paid -4.78-6.68-4.07-3.43-3.06-2.90-3.812.54-2.54-2.95
Cash Flow From Investing Activity + -4.39-79.86-40.98-17.143.13-24.0210.35-3.9111.59-2.85
Capex -3.50-79.21-42.67-17.5420.781.41-2.66-2.669.91-3.34
Net Investments -1.79-1.46-2.72-3.69-7.89-1.260.950.31-0.89-0.87
Others 0.890.814.414.09-9.76-24.1712.06-1.572.571.36
Cash Flow From Financing Activity + -23.4867.93-66.62-1.82-56.3812.26-44.23-5.71-22.59-5.33
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000001.7511.93
Interest Paid -12.32-11.90-14.02-9.56-11.80-5.80-6.48-6.81-7.85-7.71
Dividend Paid -3.20-1.62-1.62-1.62-1.35-1.42-1.49-1.49-1.49-1.49
Others -7.9681.45-50.979.37-43.2219.48-36.262.58-15-8.07
Net Cash Flow -0.814.63-3.42-1.251.120.380.29-1.113.070.58
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)19.1616.9512.899.279.7113.966.084.425.894.86
ROCE (%)22.2414.3113.7210.6810.6411.349.48.669.849.15
Asset Turnover Ratio1.050.730.680.550.650.940.740.690.780.76
PAT to CFO Conversion(x)1.520.936.861.483.970.553.241.041.240.92
Working Capital Days
Receivable Days40.2053.804950.5050.3047.4060.9083.1073.6069.10
Inventory Days98139.10109122.70119.6088.10112.50133.50138.90171.30
Payable Days19.3029.20106.10162.9037.4019.9031.6069.9057.6051.90

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Amarjothi Spinning Mills Ltd FAQs

The current trading price of Amarjothi Spg. Mills on 23-Sep-2026 16:59 is ₹147.6.

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 22-Sep-2026 the market cap of Amarjothi Spg. Mills stood at ₹99.60 Cr

The latest P/E ratio of Amarjothi Spg. Mills as of 22-Sep-2026 is 7.89.

The latest P/B ratio of Amarjothi Spg. Mills as of 22-Sep-2026 is 0.50.

The 52-week high of Amarjothi Spg. Mills is ₹187.0 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 ₹210 ( 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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