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Kandagiri Spinning Mills Ltd (KANDAGIRI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521242 NSE: KANDAGIRI Textile - Spinning | Small Cap | Kandagiri Spg Mills Share Price

₹40.10 0.00 (0.00%)

As on 25-May'26 16:59

Kandagiri Spinning Mills Ltd (KANDAGIRI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521242 NSE: KANDAGIRI Textile - Spinning | Small Cap | Kandagiri Spg Mills Share Price

₹40.10 0.00 (0.00%)

As on 25-May'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹15 Cr.
Current Price
₹40.1
52-Week Low / High
₹39 / 52
TTM EPS
₹-8.5
TTM Sales
₹1.8 Cr.
Book Value per Share
₹-27.3
P/E Ratio
0.00
Industry PE
21.5
Price to Book (P/B)
-1.47
In line with its 5-year historical median
Price to Sales (P/S)
8.50
Higher than its 5-year historical median
EV/EBITDA
-50.52
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
In line with industry median
Return on Capital Employed (ROCE)
-4.93%
Underperforms industry median
Return on Assets (ROA)
-5.62%
Operating Profit Margin
-14.4%
Net Profit Margin
-40.5%
Gross Profit Margin
-22.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
30.67%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
64.96%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-14 Cr.
Equity
₹3.9 Cr.
Face Value
₹10
All Time Low / High
₹3.60 / 134.90

Kandagiri Spinning Mills stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kandagiri Spinning Mills Ltd a good quality company?
Kandagiri 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 Kandagiri Spinning Mills Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kandagiri Spinning Mills Ltd vs industry peers?
Kandagiri Spinning Mills Ltd revenue CAGR is -40.63%, compared to the industry median CAGR of 1.47%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Kandagiri Spinning Mills Ltd?
Promoters hold 64.96% of the Kandagiri Spinning Mills Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kandagiri Spinning Mills Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -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.
Kandagiri 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 % 1.7%2.3%-9%-17.1%-15.1%8.6%25%30.3%5.3%-4.9%-
Value Creation
Index
-0.9-0.8-1.6-2.2NANANA1.2NANA-

Growth Parameters

Sales 1457854.469.626.62.53.21.21.522
Sales YoY Gr.--46.1%-30.3%27.9%-61.8%-90.4%25.6%-61.4%22%30.7%-
Adj EPS -29.5-56.3-29.2-45.2-40.6-2.4-0.74-4.8-2.2-8.5
YoY Gr.-NANANANANANANA-219.7%NA-
BVPS (₹) 49.596.56415.6-14.5-16.9-16.2-12.2-16.8-18.9-27.3
Adj Net
Profit
-11.3-21.7-11.2-17.4-15.6-0.9-0.31.5-1.8-0.8-3
Cash Flow from Ops. 8.49-6.3-5.5-24.92.70.61.3-1.50.3-
Debt/CF from Ops. 10.97.5-9.4-9.4-0.65.424.710.8-12.159.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -38%-40.6%-15%30.7%
Adj EPS NANANANA
BVPS-189.9%NANANA
Share Price -4.2% 45.7% 38.2% -5.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-24.8-56.1-36.4-113.5-7163.715.54.1-2832.812.336.6
Op. Profit
Mgn %
6.4-8.2-8.4-10.5-34.9-18.4-8.7-20.1-41.1-14.4-58.1
Net Profit
Mgn %
-7.8-27.8-20.7-25-58.8-36.9-8.1124.2-121.6-43-178.8
Debt to
Equity
4.81.82.48.6-2.8-2.2-2.3-3.1-2.8-2.5-
Working Cap
Days
17324825222937657726567360334674
Cash Conv.
Cycle
102157171100108-58-200-283-67-17-166

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales144.7878.0354.3869.5526.572.543.191.231.501.96
Operating Expenses + 135.5384.4558.9677.0235.843.013.461.482.122.24
Manufacturing Costs24.0511.3413.8211.867.490.01000.200.02
Material Costs86.5057.2035.9256.0123.432.513.101.221.501.83
Employee Cost 19.1012.237.798.144.060.120.080.100.130.19
Other Costs 5.873.691.421.010.870.370.280.160.290.21
Operating Profit 9.25-6.43-4.58-7.48-9.27-0.47-0.28-0.25-0.62-0.28
Operating Profit Margin (%) 6.4%-8.2%-8.4%-10.7%-34.9%-18.4%-8.7%-20.1%-41.1%-14.4%
Other Income + 0.270.550.691.396.781.532.593.251.470.07
Exceptional Items 015.45-0.85-2.77-0.4800000
Interest 13.2713.108.536.535.291.701.601.322.330.24
Depreciation 7.597.123.713.212.110.290.290.290.290.34
Profit Before Tax -11.34-10.65-16.98-18.59-10.38-0.940.431.39-1.77-0.79
Tax 00-5.3601.9800.15-0.1400
Profit After Tax -11.34-10.65-11.61-18.59-12.36-0.940.281.53-1.77-0.79
PAT Margin (%) -7.8%-13.7%-21.4%-26.7%-46.5%-36.8%8.6%124.2%-117.0%-40.5%
Adjusted EPS (₹)-29.5-27.7-30.2-48.3-32.1-2.40.74.0-4.6-2.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Kandagiri 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 + 40.1537.1324.646-5.56-6.50-6.22-4.69-6.46-7.25
Share Capital 3.863.863.863.863.863.863.863.863.863.86
Reserves 36.3033.2820.782.14-9.42-10.36-10.08-8.55-10.32-11.11
Debt +71.1858.5851.4945.5312.8714.420.5913.8317.3317.98
Long Term Debt36.0928.5622.9423.1512.8714.420.5913.8317.3317.98
Short Term Debt35.0930.0228.5522.38000000
Minority Interest0000000000
Trade Payables12.732.184.515.981.963.611.572.692.150.78
Others Liabilities 40.4515.8812.4920.119.284.3018.443.541.711.96
Total Liabilities 164.50113.7893.1377.6218.5515.8314.3815.3714.7313.46

Fixed Assets

Net Fixed Assets +92.9774.1052.9026.4111.5511.2610.9610.6710.3810.04
Gross Block217.9979.7060.1332.7213.4113.4113.4113.4113.4113.41
Accumulated Depreciation125.015.607.246.301.862.152.442.733.033.37
CWIP 0000000000
Investments 2.012.472.141.551.551.551.55222
Inventories3621.9726.7215.160.7900000
Trade Receivables18.045.282.832.873.031.1301.291.590.64
Cash Equivalents 0.690.160.180.150.160.29-0.020.050.030.03
Others Assets 14.789.808.3731.471.481.611.891.360.730.74
Total Assets 164.50113.7893.1377.6218.5515.8314.3815.3714.7313.46

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 8.388.98-6.29-5.53-24.902.680.581.34-1.500.30
PBT -11.34-26.10-16.98-18.59-10.38-0.940.431.39-1.77-0.79
Adjustment 19.8019.0512.2311.172.421.971.101.092.510.51
Changes in Working Capital 0.1316.03-1.431.95-17.131.75-0.76-1.21-2.390.5
Tax Paid -0.210-0.12-0.060.18-0.10-0.180.060.150.08
Cash Flow From Investing Activity + -1.1327.4222.5010.9743.960.030.790.070.110.07
Capex -1.4027.1820.980.1143.9100.7600.090.07
Net Investments 00.011.330.41000000
Others 0.260.230.1910.450.050.030.030.070.020
Cash Flow From Financing Activity + -7.88-36.42-16.14-5.49-19.02-2.51-1.68-1.321.37-0.37
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 5.90-19.87-7.131.25-8.85-0.81-0.0903.70-0.14
Interest Paid -12.44-12.49-8.05-6.40-5.02-1.70-1.59-1.32-2.33-0.24
Dividend Paid 0000000000
Others -1.35-4.07-0.97-0.34-5.16000-0-0
Net Cash Flow -0.63-0.020.06-0.060.030.19-0.310.09-0.02-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-46.14-37.93-37.61-121.46N/AN/AN/AN/AN/AN/A
ROCE (%)1.72.29-9-17.08N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.870.560.530.810.550.150.210.080.10.14
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A2.070.88N/AN/A
Working Capital Days
Receivable Days34.5054.6027.201540.50298.600383.20349.70208.10
Inventory Days99.70135.60163.40109.90109.6000000
Payable Days52.8047.603434.2061.90405304.50636.30590.90292.80

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

Kandagiri Spinning Mills Ltd FAQs

The current trading price of Kandagiri Spg Mills on 25-May-2026 16:59 is ₹40.10.

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 24-May-2026 the market cap of Kandagiri Spg Mills stood at ₹15.44 Cr

The latest P/E ratio of Kandagiri Spg Mills as of 24-May-2026 is 0.00.

The latest P/B ratio of Kandagiri Spg Mills as of 24-May-2026 is -1.47.

The 52-week high of Kandagiri Spg Mills is ₹51.72 and the 52-week low is ₹39.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kandagiri Spg Mills is ₹1.82 ( Cr.) .

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

The key valuation ratios of Kandagiri 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 Kandagiri Spinning Mills Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kandagiri Spinning Mills Ltd

Kandagiri Spinning Mills Limited was incorporated in 1976 by Sarvashri. S.P.Ratnam, S.P.Sambandam, S.P. Rajendran and K.R. Manicka Mudaliar who had been doyers in Textile Business at Salem. Due to their strenuous efforts over decades, the company has flowered into a major industrial concern presently boasting of a total spindleage of 50,588 and 336 OE Rotors in two units, first at Udayapatti, Salem (25,100 spindles) and another at Seshanchavadi (25,488 spindles).

There has been a continuous expansion and modernization at these units. The company manufactures Carded, Combed, Auto coned, TFO, Ring Doubled Yarn. It is making large profits and declaring sizeable dividends year after year.

The company went for Public Issue in January 1995 as a Premium Issue which was a roaring success; it was oversubscribed 9 times. The company’s paid up capital consists of 38, 49,250 shares of Rs. 10/- each. The company’s shares are listed in Mumbai, Chennai and Coimbatore Stock Exchanges.

Kandagiri Spinning Mills Limited is a significant member of the Sambandam Group of Companies. It strives for excellence in every sphere of its activities. Quality, best services, customer friendly and steady development are its policies. The company is committed to Corporate Governance in fulfilling its quest for achieving significant growth with profits. The award of ISO 9001:2000 & EMS 14001:2004 Accreditation to the company is a fitting testimony in this regard.

Product range of the company includes:

  • Single yarn - Weaving - Cared
  • Combed
  • Knitting - Carded
  • Compact Yarn 
  • Double Yarn - Ring Doubled - Carded 
  • Gassed Yarn - Combed
  • Open End 

Achievements/ recognition:

The ISO 9001:2000 & EMS 14001:2004 Accreditation

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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