MoneyWorks4Me

Aastha Spintex Ltd (AASTHA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544808 NSE: AASTHA Textile | Small Cap | Aastha Spintex Share Price

₹76.44 -1.99 (-2.54%)

As on 15-Sep'26 16:59

Aastha Spintex Ltd (AASTHA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544808 NSE: AASTHA Textile | Small Cap | Aastha Spintex Share Price

₹76.44 -1.99 (-2.54%)

As on 15-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹346 Cr.
Current Price
₹76.4
52-Week Low / High
₹70 / 140
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
35.9
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
26.05%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
53.21%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹44.1 Cr.
Face Value
₹10
All Time Low / High
₹70.05 / 140.25

Aastha Spintex stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Aastha Spintex Ltd a good quality company?
Aastha Spintex Ltd is a weak quality company, based on a inconsistent 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 Aastha Spintex Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Aastha Spintex Ltd vs industry peers?
Aastha Spintex Ltd revenue CAGR is %, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Aastha Spintex Ltd?
Promoters hold 53.21% of the Aastha Spintex Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Aastha Spintex Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% 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.
Aastha Spintex Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 6.2%21.1%22.8%19%-
Value Creation
Index
-0.60.50.60.4-

Growth Parameters

Sales 239305351443443
Sales YoY Gr.-27.4%15.2%26.1%-
Adj EPS 0.4687.55.4
YoY Gr.-1428.2%33.7%-5.9%-
BVPS (₹) 222841.150.775.6
Adj Net
Profit
1.116.323.523.724
Cash Flow from Ops. 15.512.9-18.75.4-
Debt/CF from Ops. 5.26.4-5.119.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA22.8%26.1%
Adj EPS NANA167.9%-5.9%
BVPSNANA32.1%23.3%
Share Price - - - -

Key Financial Parameters

Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
1.823.923.716.88.5
Op. Profit
Mgn %
5.912.214.21212.2
Net Profit
Mgn %
0.45.36.75.45.4
Debt to
Equity
1.41.10.80.7-
Working Cap
Days
013417217488
Cash Conv.
Cycle
0579411534

Valuation of Aastha Spintex - 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

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No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

data not found
No data found!
data
No data found!
data
No data found!
data
No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Aastha Spintex Ltd FAQs

The current trading price of Aastha Spintex on 15-Sep-2026 16:59 is ₹76.44.

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 14-Sep-2026 the market cap of Aastha Spintex stood at ₹346.2 Cr

The latest P/E ratio of Aastha Spintex as of 14-Sep-2026 is 14.59.

The latest P/B ratio of Aastha Spintex as of 14-Sep-2026 is 1.04.

The 52-week high of Aastha Spintex is ₹140.2 and the 52-week low is ₹70.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aastha Spintex is ₹443 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Aastha Spintex Ltd is a below average quality company.

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

About Aastha Spintex Ltd

Aastha Spintex was originally incorporated as ‘Aastha Spintex Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 12, 2013, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, upon conversion of the company into a public limited company, the name of the company was changed to ‘Aastha Spintex Limited’, pursuant to resolution passed by its Board of Directors on January 03, 2025, and the resolution passed by its shareholders at extra-ordinary general meeting on January 27, 2025. A fresh certificate of incorporation dated February 12, 2025, was issued by Registrar of Companies, Central Processing Centre consequent to the conversion.  

Aastha Spintex is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. The company’s cotton bales are utilized both for captive production of cotton yarns and for supply to other spinning units and the cotton yarns produced are used in both knitting and weaving applications, catering to a wide spectrum of end-use segments and products including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The company has a semi-automated and integrated spinning and ginning manufacturing facility situated at Halvad, Morbi, Gujarat. It produces 100% cotton yarns in counts ranging from Ne 26 to Ne 40 which includes carded, combed and combed compact varieties.

The ginning process converts raw cotton into cotton bales through stages of cleaning and separation, during which cotton seeds and other by-products are generated. While the cleaned lint is pressed into bales for supply to spinning mills, the separated cotton seeds are sold to industries engaged in oil extraction, animal feed, and other applications, thereby providing an additional revenue stream for our Company. A nominal portion of raw cotton is lost as non-recoverable waste during the process. The spinning of cotton into yarn involves several stages of cleaning, carding and drawing of cotton, during which by-products such as comber, licker-in, and hard waste (collectively, cotton waste by-products) are generated. These cotton waste by-products are sold to industries manufacturing non-woven fabrics and open-end yarns, providing an additional revenue stream for the company. Nominal portion of cotton in the range of 0.1% to 0.3% of the total cotton yarn produced is non-sellable waste.

Business area of the company 

The company is engaged in the business of manufacturing and trading of cotton products. It offers a wide range of contamination-controlled yarn counts for weaving and knitting end-use.

Products of the company 

  • Combed Yarn
  • Combed Compact Yarn
  • Comber
  • Flat
  • Lickerin

Key awards, accreditations or recognitions

  • 2017: Fastest growing Indian Company Excellence Award.
  • 2017: Certificate of Appreciation for participation in Vibrant Gujarat Global Trade Show, 2017.
  • 2017: Certificate of Editorial Coverage Participation in appreciation of sharing profound editorial coverage of mill’s operations in May-June 2017 issue of Spinning Textiles magazine.
  • 2025: Received scope certificate dated June 20, 2025, issued by CU Inspections & Certifications India Private Limited conforming conformity with Global Organic Textile Standard (GOTS).
  • 2025: Received scope certificate dated June 20, 2025, issued by CU Inspections & Certifications India Private Limited conforming conformity with Organic Content Standard and Global Recycled Standard. 

Major events and milestone

  • 2015: Commencement of manufacturing operations at Halvad, Morbi, with an initial capacity of 25,920 spindles, meeting domestic and international demand for high-quality cotton yarn.
  • 2020: Upgrade of spinning machinery, leading to a 2,000 to 2500 Kg per day increase in yarn production capacity, reinforcing the company’s market position.
  • 2023: Setting up and installation of a 5 MW solar power plant for captive use near the manufacturing facility, reducing carbon emissions and operational costs.
  • 2024: Setting up and installation of a 2.7 MW wind power project, further enhancing the company’s commitment to sustainable and cost-effective manufacturing.

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