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Maris Spinners Ltd (531503)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531503 NSE: Textile - Spinning | Small Cap | Maris Spinners Share Price

₹30.80 0.73 (2.43%)

As on 04-Jun'26 16:59

Maris Spinners Ltd (531503)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531503 NSE: Textile - Spinning | Small Cap | Maris Spinners Share Price

₹30.80 0.73 (2.43%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹24 Cr.
Current Price
₹30.8
52-Week Low / High
₹24 / 45
TTM EPS
₹-1.9
TTM Sales
₹168 Cr.
Book Value per Share
₹23.3
P/E Ratio
0.00
Industry PE
21.5
Price to Book (P/B)
1.32
Lower than its 5-year historical median
Price to Sales (P/S)
0.14
Lower than its 5-year historical median
EV/EBITDA
6.55
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-6.10%
In line with industry median
Return on Capital Employed (ROCE)
8.60%
Outperforms industry median
Return on Assets (ROA)
-1.01%
Operating Profit Margin
3.3%
Net Profit Margin
-0.74%
Gross Profit Margin
3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
5.2%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.38%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹10 Cr.
Equity
₹7.9 Cr.
Face Value
₹10
All Time Low / High
₹0.15 / 169.90

Maris Spinners stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Maris Spinners Ltd a good quality company?
Maris Spinners 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 Maris Spinners Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Maris Spinners Ltd vs industry peers?
Maris Spinners Ltd revenue CAGR is 6.70%, 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 Maris Spinners Ltd?
Promoters hold 74.38% of the Maris Spinners Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Maris Spinners Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8.7% 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.
Maris Spinners 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 % 14.2%11.4%8.9%10.9%2.7%21.8%35.6%-11.7%-4.3%8.6%-
Value Creation
Index
0.0-0.2-0.4-0.2-0.80.61.5-1.8-1.3-0.4-

Growth Parameters

Sales 105118122130122106170147161169168
Sales YoY Gr.-12.3%3.8%6.3%-5.9%-13.3%60.7%-13.9%9.4%5.2%-
Adj EPS 3.93.21.33-2.8819.4-13.7-11.5-1.6-1.9
YoY Gr.--16.9%-61.1%139.7%-191.1%NA141.5%-170.6%NANA-
BVPS (₹) 24.72828.129.926.234.353.438.326.92523.3
Adj Net
Profit
3.22.612.5-2.36.615.4-10.9-9.1-1.3-1
Cash Flow from Ops. 10.621.710.8-1.511.80.642.824.94.314.5-
Debt/CF from Ops. 4.42.23.3-262.872.90.92.519.15.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.5%6.7%-0.3%5.2%
Adj EPS -190.5%NA-143.4%NA
BVPS0.2%-0.9%-22.3%-7%
Share Price 6.8% -7.8% -8.9% -15%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1712.54.610.6-9.92744-29.9-35.4-6.1-7.7
Op. Profit
Mgn %
11.28.56.56.72.914.417.5-5.4-2.93.43.9
Net Profit
Mgn %
32.30.81.9-1.86.29-7.4-5.7-0.7-0.9
Debt to
Equity
2.32.11.61.61.61.60.92.13.841.6
Working Cap
Days
16717218217316018114717113312856
Cash Conv.
Cycle
1171029286859361612835-18

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales104.87117.73122.20129.89122.23106.02170.40146.80160.65169.01
Operating Expenses + 93.10107.74114.22121.22118.7590.77140.51154.70165.28163.36
Manufacturing Costs21.8120.9322.0222.1822.1618.3825.1423.3525.9328.35
Material Costs58.0872.7878.6283.2781.9859.9497.38113.24121.92116.19
Employee Cost 8.668.699.4211.0510.398.8411.3212.211213.31
Other Costs 4.565.344.164.724.233.616.675.905.435.51
Operating Profit 11.779.997.988.673.4815.2629.89-7.91-4.625.65
Operating Profit Margin (%) 11.2%8.5%6.5%6.7%2.8%14.4%17.5%-5.4%-2.9%3.3%
Other Income + 2.532.792.732.632.842.621.573.166.349.68
Exceptional Items 0000000000
Interest 5.424.744.984.854.794.433.785.519.0910.30
Depreciation 4.935.064.984.644.714.224.355.435.906.67
Profit Before Tax 3.952.980.741.82-3.179.2323.33-15.69-13.27-1.65
Tax 0.760.34-0.25-0.55-1.022.467.90-4.83-4.14-0.39
Profit After Tax 3.192.650.992.36-2.156.7615.43-10.86-9.13-1.26
PAT Margin (%) 3.0%2.3%0.8%1.8%-1.8%6.4%9.1%-7.4%-5.7%-0.7%
Adjusted EPS (₹)4.03.31.22.9-2.78.419.5-13.7-11.5-1.6
Dividend Payout Ratio (%)25.20%30.40%81.20%34.10%0%11.90%5.10%0%0%0%

Valuation of Maris 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
mw4me loader

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 + 19.8222.4922.5624.1021.0727.6542.3230.3321.3419.84
Share Capital 8.038.048.048.058.068.067.927.927.927.92
Reserves 11.7914.4514.5216.0413.0219.5934.3922.4013.4111.91
Debt +46.3947.0236.0839.6332.8040.3433.4957.8767.1567.41
Long Term Debt11.5710.637.696.866.1410.1620.7232.3743.4835.30
Short Term Debt34.8236.3928.3932.7726.6630.1812.7725.5023.6732.11
Minority Interest0000000000
Trade Payables6.0316.2124.2820.6313.2410.0124.3634.0727.5322.70
Others Liabilities 11.127.026.175.534.429.9418.864.2710.2612.27
Total Liabilities 83.3592.7389.0989.8971.5387.93119.02126.53126.28122.21

Fixed Assets

Net Fixed Assets +32.3529.5725.1727.7725.192732.0265.7167.8661.64
Gross Block113.42115.70116.01123.20125.07128.44137.62176.54184.45184.79
Accumulated Depreciation81.0786.1390.8395.4399.88101.44105.60110.83116.59123.15
CWIP 0.301.022.160.120.160.548.651.1600
Investments 0.010.070.070.070.070.060.060.060.100.13
Inventories28.0536.9236.9438.3625.5236.4747.2639.6033.2434.08
Trade Receivables13.2813.0117.2614.8112.575.867.815.649.106.82
Cash Equivalents 0.421.550.520.270.780.630.290.260.380.14
Others Assets 8.9410.606.988.497.2417.3722.9214.0915.6019.39
Total Assets 83.3592.7389.0989.8971.5387.93119.02126.53126.28122.21

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 10.5721.6710.84-1.5211.760.6042.8024.894.2614.54
PBT 3.952.980.741.82-3.179.2323.33-15.69-13.27-1.65
Adjustment 9.869.449.689.189.097.807.6310.2214.9012.36
Changes in Working Capital -2.4410.180.58-12.365.84-15.4217.4930.832.633.83
Tax Paid -0.80-0.93-0.16-0.150-1-5.65-0.4800
Cash Flow From Investing Activity + -2.15-3.05-1.47-5.77-1.81-5.55-19.48-30.62-6.393.27
Capex -1.92-2.28-0.64-7.22-2.13-5.76-9.53-31.65-6.99-0.45
Net Investments -0.01-0.05-0-0-00.010.120-0.04-0.04
Others -0.22-0.72-0.831.450.320.20-10.071.040.633.76
Cash Flow From Financing Activity + -8.12-8.92-4.12-6.38-6.14-0.156.365.702.29-18.02
Net Proceeds from Shares 00.0200.010.0100000
Net Proceeds from Borrowing -2.85-0.94-2.93-0.83-0.720011.6511.11-8.18
Interest Paid -5.42-4.74-4.91-4.57-4.47-4.17-3.41-5.15-8.82-9.84
Dividend Paid -0.970-0.96-0.96-0.970-0.79-0.7900
Others 1.11-3.264.68-0.020.014.0210.56000
Net Cash Flow 0.299.695.25-13.683.81-5.1029.69-0.030.15-0.21

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)17.0412.514.410.12-9.5227.7644.1-29.91-35.34-6.1
ROCE (%)14.1611.388.9310.892.7421.7635.56-11.67-4.268.6
Asset Turnover Ratio1.271.341.341.451.511.331.651.21.271.36
PAT to CFO Conversion(x)3.318.1810.95-0.64N/A0.092.77N/AN/AN/A
Working Capital Days
Receivable Days51.9040.8045.2045.1040.9031.7014.7016.7016.8017.20
Inventory Days83.40100.70110.30105.8095.40106.7089.7010882.8072.70
Payable Days30.7055.809498.4075.4070.8064.4094.2092.2078.90

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

Maris Spinners Ltd FAQs

The current trading price of Maris Spinners on 04-Jun-2026 16:59 is ₹30.80.

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 03-Jun-2026 the market cap of Maris Spinners stood at ₹24.41 Cr

The latest P/E ratio of Maris Spinners as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Maris Spinners as of 03-Jun-2026 is 1.32.

The 52-week high of Maris Spinners is ₹45.45 and the 52-week low is ₹23.60.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maris Spinners is ₹168 ( Cr.) .

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

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

About Maris Spinners Ltd

Maris Spinners was originally incorporated as a Private Limited Company on September 18, 1979. The company became a deemed Public Limited Company under section 43A (1A) of the Companies Act, 1956 from July 1, 1994. Consequently the name of the company was changed to Maris Spinners Limited by deleting the word Private, and a fresh certificate of incorporation was issued on February 9, 1995.

The Company commenced commercial production in 1981 with an installed capacity of 11,856 spindles. Since its inception, the Company has undertaken regular expansion and modernization programmes to increase capacity and productivity. The present capacity of the spinning unit is 24,672 spindles.

The company presently manufactures 100% cotton carded yarn of counts 30s, and 40s for weaving, knitting and handlooms. The Company's spinning unit is located in Kattemalalavadi village, Hunsur taluk, Mysore District, Karnataka. Maria Spinners has a sound track record of productivity, and has been producing high quality yarn for the domestic market.

The registered office of the company is located at 11, Cathedral Road, Chennai-600086

Business area of the company

The company is engaged in manufacturing of 100% cotton carded yarn for weaving, knitting and handlooms.

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