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🧡 β€œFrom Yarn to Solar to Somehow Surviving?” β€” Shiva Texyarn Deep Dive

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🧠 At a Glance

Shiva Texyarn is a Coimbatore-based textile company with roots in cotton yarn manufacturing and tentacles in coated textiles, home furnishing, and now, solar energy (because why not?). The company has had a rollercoaster decade β€” from decent profits to deep losses and now trying to stitch things back together.


1. 🧡 WTF Do They Even Do?

  • Core business: Hosiery-grade cotton yarn (52,416 spindles)
  • Adjacent verticals:
    • Technical textiles: Laminated & coated fabrics
    • Home textiles
    • Protective wear (for armed forces)
    • Recent investment in solar firm (11.5% stake) β˜€οΈ

πŸ“ Based in Tamil Nadu. Selling both B2B (domestic + export) and via institutional orders.


2. πŸ“‰ Financial Snapshot – FY25

MetricValue
Revenueβ‚Ή323 Cr
Net Profitβ‚Ή12 Cr
OPM10%
ROCE / ROE9.1% / 9.1%
EPSβ‚Ή9.09
Market Capβ‚Ή259 Cr
P/E Ratio21.9x
Book Valueβ‚Ή104
CMP/BV1.9x

🧠 After two bad years (FY23 & FY24), the company is back in black.


3. ⏳ The Comeback Chart

FYSales (β‚Ή Cr)
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