Minaxi Textiles Ltd.
Snapshot View

3.20 -0.16 ▼-4.8%

18 May 2022, 04:01:00 PM
Volume: 338,132

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.minaxitextiles.com
Market Cap 15.71 Cr.
Enterprise Value(EV) 38.48 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -0.21 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 20.79 Trailing Twelve Months Ending 2021-12
Book Value / Share 2.46 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.29 Calculated using Price: 3.18
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 4.94 Cr. 49,416,000 Shares
FaceValue 1
Company Profile

Minaxi Textiles is an India-based public limited textile company incorporated on March 14, 1995, prior to that the company ran under partnership.  Kanubhai Patel, the founder of the company, was the Chairman and Managing Director till year 2006-07 before he retired. In 2009, new management took charge and Bharatbhai Patel became Managing Director.

The company was established in order to supply fabric with quality at very competitive prices. From the outset, Minaxi Textiles has had an immediate impact on the market. Offering a wide range of fabrics at affordable prices helps foster current designers and recent customers.

Business area of the company

The company is engaged in Weaving and manufacture of Cotton and Cotton Mixture Fabrics. The company is also engaged in weaving of synthetic grey cloth of suiting and shirting, and supplying uniform to government and semi-government department under tenders floated by them.

Products

The company deals in suiting products having specialty in fancy suiting fabrics. Its products include suiting lycra fabric, cotton quilts, broken twill fabric and satin fabric.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.76%
1 Week
+15.52%
1 Month
-0.93%
3 Month
-11.60%
6 Month
+135.29%
1 Year
+310.26%
2 Year
+1003.45%
5 Year
+73.91%
10 Year
+407.94%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 15.33 13.69 14.97 13.25 10.82 4.90 1.11 0.81 -11.49
Return on Capital Employed (%) 16.45 11.99 12.74 13.03 12.55 11.73 8.87 6.28 1.38
Return on Assets (%) 4.67 3.19 2.92 3.03 2.90 1.35 0.34 0.28 -3.84

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 9 10 11 13 14 15 15 15 14 13
Non Curr. Liab. 2 11 10 7 5 4 3 6 7 7
Curr. Liab. 16 28 34 27 31 34 25 20 21 21
Minority Int.
Equity & Liab. 26 49 54 47 50 52 43 42 42 42
Non Curr. Assets 9 20 21 19 15 14 12 11 10 10
Curr. Assets 17 30 34 28 35 39 31 31 32 32
Misc. Exp. not W/O
Total Assets 26 49 54 47 50 52 43 42 42 42

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 38 53 54 54 56 55 44 17 15 29
Other Income 0 0 0 0 1 0 0 0 0 0
Total Income 38 53 55 54 56 55 44 17 15 29
Total Expenditure -34 -48 -48 -48 -50 -48 -39 -14 -14 -27
PBIDT 4 5 7 7 7 7 5 3 1 2
Interest -2 -2 -3 -3 -3 -3 -3 -2 -2 -2
Depreciation -1 -1 -2 -2 -2 -2 -2 -1 -1 -1
Taxation -1 0 -1 -1 -1 -1 0 0 0
Exceptional Items 0 1
PAT 1 1 2 2 1 1 0 0 -2 -1
Adjusted EPS 0 0 0 0 0 0 0 0 0 0

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 1 0 0 2 7 3 3 9 0 0
Cash Fr. Inv. 0 0 -12 -1 0 0 0 0 0
Cash Fr. Finan. 0 0 12 -1 -7 -3 -3 -9 0
Net Change 0 1 0 0 0 0 0 0 0 0
Cash & Cash Eqvt 0 1 0 0 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 37.33 37.33 37.33 37.35 37.44 37.44 37.67 37.67 37.67
Public 62.67 62.67 62.67 62.65 62.56 62.56 62.33 62.33 62.33
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 11 May 2022
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Kiritkumar Shambhubhai Patel
Wed, 11 May 2022
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Dineshkumar Purusottamdas Patel & Kiritkumar S Patel
Fri, 06 May 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyMINAXI TEXTILES LTD.
2CIN NO.L17119GJ1995PLC025007
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Priyanka Patel
Designation: Company Secretary
EmailId: 26priya.patel@gmail.com
Name of the Chief Financial Officer: Parind Patel
Designation: Chief Financial Officer
EmailId: parindpatel9799@gmail.com

Date: 06/05/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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