1. At a Glance
A yarn company that hasn’t spun any revenue for years, still trades at 215x book value, and is somehow alive. It’s like a zombie stock – dead inside but still walking.
2. Introduction with Hook
Imagine buying a Ferrari with no engine – that’s Rishabh Special Yarns. The company makes polyester filament yarn (or claims to), yet its sales chart looks like a flatline on a hospital monitor. Meanwhile, investors are paying ₹78.5 for a business with negative net worth and a return on equity worse than your crypto portfolio in 2022.
3. Business Model (WTF Do They Even Do?)
They manufacture, process, texturize, twist, dye, bleach, and crimp polyester yarns. Basically, they take plastic threads, give them a spa day, and sell them. Or at least they used to – because sales have been “zero” for years. Current business model? Survive on fumes and investor hope.
4. Financials Overview
