What is Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161) share price return in the past 10 years?

Sri Lakshmi Saraswathi Textiles (Arni) Ltd share price has declined -1.1% annually (CAGR) over the past ten years.

What is the share price of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)?

Company share prices are keep on changing according to the market conditions. The current trading price of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161) on 04-Jun-2026 16:59:59 at 16:59 is 24.17.

What is the P/E ratio of Sri Lakshmi Saraswathi Textiles (Arni)?

The latest standalone P/E ratio of Sri Lakshmi Saraswathi Textiles (Arni) as of 04-Jun-2026 is 0.00.

What is the P/B ratio of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)?

The latest standalone P/B ratio of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161) as of 04-Jun-2026 is 0.06.

What is the 52-week high and low of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)?

The 52-week high of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161) is Rs. 51.80 and the 52-week low is Rs. 23.00.

What is the TTM revenue of Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sri Lakshmi Saraswathi Textiles (Arni) is Rs. 87.28 (Cr.).

Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)
Brand: Sri Lakshmi Saraswathi Textiles (Arni)

Key Metrics

Valuation Multiples

Market Cap

₹8 Cr.

Current Price

₹24.2

52-Week Low / High

₹23 / 52

TTM EPS

₹-47.2

TTM Sales

₹87.3 Cr.

Book Value per Share

₹386.9

P/E Ratio

0.00

Industry PE

21.5

Price to Book (P/B)

0.06

Higher than its 5-year historical median

Price to Sales (P/S)

0.09

Lower than its 5-year historical median

EV/EBITDA

-9.55

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)

0.00%

Underperforms industry median

Return on Assets (ROA)

-52.03%

Operating Profit Margin

-14.4%

Net Profit Margin

-21.24%

Gross Profit Margin

-17.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-21.7%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

Asset Quality

Promoter Holding

55.09%

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

0.00%

Reserves

₹126 Cr.

Equity

₹3.3 Cr.

Face Value

₹10

All Time Low / High

₹4.00 / 100.00

Sri Lakshmi Saraswathi Textiles (Arni) stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Sri Lakshmi Saraswathi Textiles (Arni) Ltd a good quality company?

Sri Lakshmi Saraswathi Textiles (Arni) 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 Sri Lakshmi Saraswathi Textiles (Arni) Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Sri Lakshmi Saraswathi Textiles (Arni) Ltd vs industry peers?

Sri Lakshmi Saraswathi Textiles (Arni) Ltd revenue CAGR is 1.47%, compared to the industry median CAGR of 1.47%, indicating stable growth and maintaining its market share.

Q.1 Promoter shareholding and pledge status of Sri Lakshmi Saraswathi Textiles (Arni) Ltd?

Promoters hold 55.09% of the Sri Lakshmi Saraswathi Textiles (Arni) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Sri Lakshmi Saraswathi Textiles (Arni) Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -3% 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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-11.5%	-22.2%	-20.1%	-76.1%	0%	0%	1,579.2%	0%	0%	0%	-
Value Creation Index ⓘ	-1.8	-2.6	-2.4	-6.4	NA	NA	111.8	NA	NA	NA	-
Growth Parameters ⓘ
Sales ⓘ	109	95.7	98.5	112	92.5	86	150	151	127	99.5	87
Sales YoY Gr.	-	-12.2%	3%	13.3%	-17.1%	-7.1%	74.5%	0.6%	-15.8%	-21.7%	-
Adj EPS ⓘ	-13.2	-13.3	-15.9	-21.9	-33.7	-4	13.1	-61.1	-60.1	-64.3	-47.2
YoY Gr.	-	NA	NA	NA	NA	NA	NA	-568.3%	NA	NA	-
BVPS (₹) ⓘ	48.8	33.4	22.7	1.3	-32.4	-36.4	-23.3	-83.1	-143.7	-205.8	386.9
Adj Net Profit ⓘ	-4.4	-4.4	-5.3	-7.3	-11.3	-1.3	4.4	-20.4	-20	-21.4	-16
Cash Flow from Ops. ⓘ	3.9	3.7	0	3.4	-0.9	1.8	6.6	6	3.8	-19	-
Debt/CF from Ops. ⓘ	1.3	0.9	1382.4	0.8	-8.6	5.5	1.7	2.7	5	-2.4	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-1%	1.5%	-12.8%	-21.7%
Adj EPS ⓘ	NA	NA	-270.2%	NA
BVPSⓘ	-217.3%	NA	NA	NA
Share Price	-1.1%	32%	-5.9%	-37.9%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-24.1	-32.3	-56.8	-182.9	217.3	11.7	-43.8	114.9	53	36.8	-52.2
Op. Profit Mgn % ⓘ	-1.9	-2	-3.8	-4	-8.9	3	5.7	-10	-11	-14.4	-8.8
Net Profit Mgn % ⓘ	-4	-4.6	-5.4	-6.5	-12.2	-1.6	2.9	-13.5	-15.8	-21.5	-18
Debt to Equity ⓘ	0.3	0.3	0.5	6.2	-0.7	-0.8	-1.4	-0.6	-0.4	-0.7	0
Working Cap Days ⓘ	76	77	64	55	59	63	44	44	41	58	37
Cash Conv. Cycle ⓘ	25	13	3	-9	-29	-47	-23	-34	-85	-130	-201

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	108.90	95.66	98.54	111.65	92.54	86.02	150.14	151.04	127.12	99.54
Operating Expenses ⓘ +	111.01	97.61	102.28	116.07	100.80	83.48	141.64	166.18	141.14	113.89
Manufacturing Costs	25.12	22.30	20.67	22.40	20.73	17.17	27.43	30.11	26.56	20.97
Material Costs	68.21	58.66	64.34	75.19	61.16	49.64	91.77	111.53	90.16	69.56
Employee Cost	12.20	11.93	13.33	13.91	14.79	12.84	16.68	17.90	18.06	17.83
Other Costs ⓘ	5.47	4.72	3.93	4.57	4.12	3.82	5.76	6.64	6.35	5.53
Operating Profit ⓘ	-2.11	-1.94	-3.73	-4.43	-8.27	2.54	8.49	-15.14	-14.02	-14.35
Operating Profit Margin (%)	-1.9%	-2.0%	-3.8%	-4.0%	-8.9%	3.0%	5.7%	-10.0%	-11.0%	-14.4%
Other Income ⓘ +	0.94	0.46	0.85	0.22	0.17	0.10	0.13	0.77	0.39	0.79
Exceptional Items ⓘ	0	-1.05	1.81	0.24	0	0	0	0	0	0
Interest ⓘ	1.05	1.24	1	1.65	1.70	2.40	2.77	3.87	4.43	5.77
Depreciation ⓘ	1.66	1.44	1.49	1.45	1.42	1.58	1.49	1.73	1.93	1.82
Profit Before Tax ⓘ	-3.88	-5.23	-3.56	-7.07	-11.21	-1.34	4.36	-19.97	-19.98	-21.14
Tax ⓘ	0.12	-0.20	0	0.05	0	0	0	0	0	0
Profit After Tax	-3.99	-5.03	-3.56	-7.12	-11.21	-1.34	4.36	-19.97	-19.98	-21.14
PAT Margin (%)	-3.7%	-5.3%	-3.6%	-6.4%	-12.1%	-1.6%	2.9%	-13.2%	-15.7%	-21.2%
Adjusted EPS (₹)	-12.0	-15.1	-10.7	-21.4	-33.6	-4.0	13.1	-59.9	-60.0	-63.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Sri Lak.Sarasw. Text - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	16.27	11.11	7.55	0.43	-10.78	-12.12	-7.76	-27.68	-47.88	-68.59
Share Capital ⓘ	3.33	3.33	3.33	3.33	3.33	3.33	3.33	3.33	3.33	3.33
Reserves ⓘ	12.94	7.78	4.22	-2.90	-14.11	-15.45	-11.09	-31.02	-51.21	-71.92
Debt +	5.22	3.21	3.48	2.55	7.20	8.80	8.62	13.13	14.20	40.91
Long Term Debt	0	0	0.28	0.20	2.12	1.08	0.69	3.58	2.21	7.37
Short Term Debt	5.22	3.21	3.20	2.35	5.08	7.72	7.93	9.55	11.99	33.53
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	6.30	9.09	12.56	16.80	21.38	19.46	22.68	35.15	47.78	47.28
Others Liabilities ⓘ	9.52	8.43	8.22	9.45	10.63	14.19	15.67	20.14	22.55	25.01
Total Liabilities ⓘ	37.30	31.84	31.81	29.23	28.43	30.34	39.22	40.73	36.65	44.61
Fixed Assets
Net Fixed Assets ⓘ +	13.28	12.78	11.64	10.86	11.81	11.87	12.47	15.20	15.43	14.28
Gross Block	81.16	81.82	81.66	82.34	84.21	85.85	87.80	90.78	92.93	93.29
Accumulated Depreciation	67.88	69.04	70.02	71.47	72.40	73.98	75.33	75.58	77.50	79.01
CWIP ⓘ	0	0	0	0	0	0.09	1.77	5.42	4.34	7.44
Investments ⓘ	1.07	0.67	0.36	0.42	0.42	0.42	0.42	1.03	1.02	0.32
Inventories	7.20	9.06	9.51	8.36	9.11	9.44	14.80	8.94	4.89	4.56
Trade Receivables	3.75	1.58	4.05	3.08	0.84	1.74	2.18	1.24	1.79	1.96
Cash Equivalents	0.46	0.61	0.64	0.92	0.82	1.21	2.18	1.56	2.11	1.92
Others Assets ⓘ	11.55	7.14	5.61	5.59	5.44	5.57	5.40	7.33	7.07	14.13
Total Assets ⓘ	37.30	31.84	31.81	29.23	28.43	30.34	39.22	40.73	36.65	44.61

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	3.93	3.74	0	3.41	-0.85	1.82	6.58	6.01	3.76	-19
PBT ⓘ	-3.88	-5.23	-3.56	-7.07	-11.21	-1.34	4.36	-19.83	-19.98	-21.14
Adjustment ⓘ	2.45	2.34	1.69	2.92	2.96	3.88	4.15	4.84	5.98	6.80
Changes in Working Capital ⓘ	5.71	6.46	1.89	7.59	7.42	-0.68	-1.82	20.91	17.79	-4.63
Tax Paid ⓘ	-0.36	0.16	-0.02	-0.02	-0.02	-0.05	-0.10	0.09	-0.03	-0.03
Cash Flow From Investing Activity ⓘ +	-0.57	-0.49	0.70	-0.57	-2.42	-1.82	-3.54	-8.55	-1.42	-2.43
Capex	-0.68	-0.91	0.24	-0.68	-2.32	-1.73	-3.78	-7.69	-1.08	-3.43
Net Investments	-0.10	0.36	0.30	-0.07	-0.22	-0.18	0.13	-1.06	-0.66	0.66
Others ⓘ	0.22	0.05	0.17	0.19	0.12	0.09	0.11	0.20	0.32	0.34
Cash Flow From Financing Activity ⓘ +	-3.23	-3.13	-0.68	-2.58	2.95	0.22	-1.94	1.47	-2.46	21.20
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1.05	-1.12	-0.95	-1.65	-1.70	-2.39	-2.76	-3.74	-4.37	-5.66
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-2.18	-2.01	0.27	-0.93	4.65	2.61	0.82	5.22	1.91	26.86
Net Cash Flow ⓘ	0.13	0.12	0.02	0.26	-0.32	0.21	1.10	-1.06	-0.12	-0.24

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-21.85	-36.71	-38.16	-178.38	N/A	N/A	N/A	N/A	N/A	N/A
ROCE (%)	-11.5	-22.24	-20.08	-76.11	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	2.87	2.77	3.32	3.96	3.49	3.17	4.72	4.14	3.57	2.65
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	1.51	N/A	N/A	N/A
Working Capital Days
Receivable Days	10.50	10.20	9.70	10.80	7.10	5.10	4.40	3.80	4	6.30
Inventory Days	27.50	31	32.10	27	31.70	36.30	27	26.20	18.30	16
Payable Days	20.30	47.90	61.40	71.30	113.90	150.10	83.80	94.60	167.90	249.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sri Lakshmi Saraswathi Textiles (Arni) Ltd FAQs

The current trading price of Sri Lak.Sarasw. Text on 04-Jun-2026 16:59 is ₹24.17.

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 03-Jun-2026 the market cap of Sri Lak.Sarasw. Text stood at ₹8.06 Cr

The latest P/E ratio of Sri Lak.Sarasw. Text as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Sri Lak.Sarasw. Text as of 03-Jun-2026 is 0.06.

The 52-week high of Sri Lak.Sarasw. Text is ₹51.80 and the 52-week low is ₹23.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sri Lak.Sarasw. Text is ₹87.28 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sri Lakshmi Saraswathi Textiles (Arni) Ltd is a below average quality company.

The key valuation ratios of Sri Lakshmi Saraswathi Textiles (Arni) 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 Sri Lakshmi Saraswathi Textiles (Arni) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Sri Lakshmi Saraswathi Textiles (Arni) Ltd

Sri Lakshmi Saraswathi Textiles (Arni) Ltd (SLST) was incorporated in 1964 and came out with a public issue in 1994. The company is engaged in manufacturing and marketing of yarn which is used to manufacture woven and knitted fabrics.

For more than 37 years, SLST has been the preferred stop for all sourcing needs of yarn buyers from all over the world. They provide top-quality cotton and polycotton yarns at highly competitive prices and meet delivery schedules.

SLST makes every effort to meet the rigorous standards of global trade by investing in the latest technology ensuring quality goods, service and satisfaction for their clients.

SLST has an impressive installed base of sophisticated machinery and most modern infrastructure for the production of high-quality yarn. These include a good quality control lab, computerised systems and a humidification department for optimal atmospheric conditions and well trained staff who meet the global production parameter.

SLST consistently ships top-of-the-line yarn by sourcing the best natural cotton fibre from West Africa, Egypt, Turkey and Australia. Its cotton combed and synthetic blended yarns have won accolades from all over the world. It maintains international packing standards in pallets and Carton Boxes.

The company currently exports to several countries across continents. The company has made a mark in European markets of Belgium, France, Finland, Germany, Italy, Portugal, Spain and Switzerland, Hongkong, Czech Republic and United States. It also has a presence in Bahrain, Cyprus and Morocco among others.

Product range of the company includes:

100% Cotton Yarn - Combed - Indian Cotton
100% Cotton Yarn - Combed - Giza Cotton
Polyester Cotton Yarn â€“ Combed
Open End Yarn - Carded

Future plan:-

SLST believes in looking at what the future holds and exploring new business opportunities. As part of its strategy to diversify, it plans to set up weaving, knitting and garment manufacturing plants in the near future.
The company is also aiming for export growth, both exponential and geographical, and plans to expand into new territories

Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)

Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)

Sri Lakshmi Saraswathi Textiles (Arni) stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Sri Lak.Sarasw. Text - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sri Lakshmi Saraswathi Textiles (Arni) Ltd FAQs

About Sri Lakshmi Saraswathi Textiles (Arni) Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

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.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)

Sri Lakshmi Saraswathi Textiles (Arni) Ltd (521161)

Sri Lakshmi Saraswathi Textiles (Arni) stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Sri Lak.Sarasw. Text - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sri Lakshmi Saraswathi Textiles (Arni) Ltd FAQs

What is the share price of Sri Lak.Sarasw. Text?

What is the market cap of Sri Lak.Sarasw. Text?

What is the P/E ratio of Sri Lak.Sarasw. Text?

What is the P/B ratio of Sri Lak.Sarasw. Text?

What is the 52-week high and low of Sri Lak.Sarasw. Text?

What is the TTM revenue of Sri Lak.Sarasw. Text?

Is Sri Lakshmi Saraswathi Textiles (Arni) Ltd a good quality company?

Is Sri Lakshmi Saraswathi Textiles (Arni) Ltd undervalued or overvalued?

Is Sri Lakshmi Saraswathi Textiles (Arni) Ltd a good buy now?

About Sri Lakshmi Saraswathi Textiles (Arni) Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.