Salona Cotspin LimitedSALONACorporate

Textiles - Cotton/Blended Latest results: Jun 2024 2 quarters of data
₹268.35
MCap ₹141 Cr
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹190 Cr
Sales · Jun 2024
₹8 Cr
Operating Profit · Jun 2024
4.4%
OPM % · Jun 2024
₹2 Cr
Net Profit · Jun 2024
₹4.32
EPS · Jun 2024

📝 Salona Cotspin Limited — results explained

Quarter ended June 2024 (Q1 FY25)

Salona Cotspin Limited reported revenue of ₹190 crore for the quarter ended June 2024 (Q1 FY25), and up 14.2% sequentially over the March 2024 quarter.

Net profit stood at ₹2 crore. Earnings per share (EPS) came in at ₹4.32.

Operating profit stood at ₹8 crore — an operating margin (OPM) of 4.4%.

Valuation snapshot

At the current price of ₹268.35, SALONA has a market capitalisation of ₹141 crore.

Within the Textiles - Cotton/Blended industry, it is the 20th-largest of the 29 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 68.42%, public shareholders 31.58% of Salona Cotspin Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹141 Cr
Current Price ?
₹268.4
P/E ?
N/A
Industry P/E ?
17.40
P/B ?
1.70
P/S ?
N/A
P/FCF ?
2.05
Enterprise Value ?
₹331 Cr
EV/EBITDA ?
N/A
PEG ?
N/A
Earnings Yield ?
N/A
Dividend Yield ?
N/A
Profitability & Returns
Sales (TTM) ?
N/A
OPM ?
N/A
Profit after tax (TTM) ?
N/A
EPS (TTM) ?
N/A
ROCE ?
8.0%
ROE ?
N/A
ROA ?
N/A
Growth
Sales — latest qtr ?
₹190 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
N/A
YoY qtr profit growth ?
N/A
Sales growth (3y) ?
N/A
Sales growth (5y) ?
N/A
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹190 Cr
Debt to Equity ?
2.29
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
68.42%
Change in promoter holding ?
1.33%
Pledged percentage ?
N/A
Market
Return 3 months ?
5.4%
Return 6 months ?
-4.7%

🗓️ Quarterly results (2 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2024Jun 2024 YoY % QoQ %
Sales 166190 — +14.2%
Operating Profit 78 — +26.2%
Other Income 00 — -65.0%
Interest 34 — +59.0%
Depreciation 32 — -33.6%
Profit Before Tax 12 — +72.8%
Net Profit 12 — +152.8%
EPS 1.714.32 — +152.6%
OPM % 4.0% 4.4% — +10.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 5555 +0.0%
Reserves 69747778 +1.3%
Borrowings 157257239190 -20.5%
Other Liabilities 39273331 -6.1%
Total Liabilities 270364354304 -14.1%
Fixed Assets 4170106122 +15.1%
CWIP 036182 -88.9%
Investments 0000 —
Other Assets 229257230179 -22.2%
Total Assets 270364354304 -14.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -5-126479 +23.4%
Cash from Investing Activity -3-72-26-10 +61.5%
Cash from Financing Activity 884-38-69 -81.6%
Net Cash Flow -0-00-0 —
Free Cash Flow -9-843769 +86.5%
CFO/OP -8%-35%198%233% +17.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 92736549 -24.6%
Inventory Days 51344244 +4.8%
Days Payable 22796 -33.3%
Cash Conversion Cycle 1211009886 -12.2%
Working Capital Days 43241510 -33.3%
ROCE % 14%8%7%8% +14.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 67.09%67.09%68.42%68.42%68.42% +0.0%
Public 32.91%32.91%31.58%31.58%31.58% +0.0%
No. of Shareholders 2,6952,7212,8032,6602,519 -5.3%

⚖️ Peer comparison

Industry: Textiles - Cotton/Blended · top 25 of 29 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ARVIND Arvind ₹585.40 15,925 37.1 9,303 428 10.8% 4.6% 11.7% 16.2% 14.9% 6.5%
2 ICIL Indo Count ₹440.00 8,714 50.9 3,184 171 10.2% 5.4% -17.5% -39.0% 10.0% 65.8%
3 SANATHAN Sanathan Textiles ₹520.70 4,395 72.4 4,401 61 7.3% 1.4% — — 79.2% -40.4%
4 NITINSPIN Nitin Spinners ₹608.95 3,424 16.2 3,296 212 15.1% 6.4% -2.8% 1.2% 10.3% 83.6%
5 PASHUPATI Pashupati Cotspin ₹78.69 1,242 78.4 699 16 4.8% 2.3% -13.3% -33.8% 9.7% 276.1%
6 NAHARSPING Nahar Spinning ₹269.00 970 44.8 3,218 21 4.9% 0.7% -2.0% 69.9% 4.7% 2.6%
7 RSWM RSWM ₹202.30 953 15.1 4,545 63 6.6% 1.4% -5.6% 230.4% -0.8% 134.8%
8 AMBIKCO Ambika Cotton ₹1,596.90 914 11.2 847 82 15.0% 9.6% 11.4% 9.1% 34.3% 60.6%
9 PRECOT Precot ₹626.00 751 14.7 925 51 14.5% 5.5% -4.6% 8.9% 19.1% 135.4%
10 SUTLEJTEX Sutlej Textiles ₹35.22 585 — 2,668 -55 3.6% -2.1% -3.8% -26.2% 15.4% 102.8%
11 NAHARINDUS Nahar Industrial ₹129.37 559 7.7 1,336 72 5.5% 5.4% -8.0% 179.7% -18.5% 510.6%
12 ABCOTS A B ₹202.35 444 31.4 333 14 12.6% 4.2% -19.4% 8.2% 51.4% 20.9%
13 GINNIFILA Ginni Filaments ₹41.06 352 9.9 370 35 16.0% 9.6% 14.8% 780.5% 1.3% -14.7%
14 DCMNVL DCM Nouvelle ₹174.05 325 11.5 1,062 28 8.3% 2.6% -4.5% -72.7% 13.8% 1620.6%
15 VARDMNPOLY Vardhman Polytex ₹5.95 287 — — — — — — — — —
16 ASHIMASYN Ashima ₹13.94 267 — 14 -20 -46.8% -140.7% -83.2% -6.7% 746.9% -313.5%
17 MARALOVER Maral Overseas ₹57.80 240 11.0 1,018 21 6.2% 2.1% -6.3% 108.3% 16.5% 146.0%
18 SHIVATEX Shiva Texyarn ₹165.00 227 22.2 338 10 9.5% 2.8% 5.5% -15.3% -3.1% -24.4%
19 BASML Bannari Amman ₹24.75 198 8.7 869 23 9.4% 2.6% -26.4% 24.3% 47234.8% 5610.7%
20 SALONA Salona Cotspin ₹273.90 144 63.0 633 2 5.6% 0.4% -31.9% 73.3% 1303.8% -58.1%
21 LAMBODHARA Lambodhara Textiles ₹122.81 127 10.3 233 12 11.4% 5.3% 2.7% 61.2% -8.8% 65.3%
22 SURYALAXMI Suryalakshmi Cotton ₹58.50 110 27.5 799 4 5.7% 0.5% 0.4% -14.3% 2.2% 61.2%
23 SELMC SEL Manufacturing ₹22.65 75 — 374 -194 -14.7% -51.9% -32.6% -4.3% -87.7% 32.3%
24 NAGREEKEXP Nagreeka Exports ₹22.89 72 22.4 595 3 3.2% 0.5% -3.3% -3.5% 92.5% 12.7%
25 AKSHAR Akshar Spintex ₹0.42 33 — 121 -6 -1.6% -4.6% 0.4% -66.7% 14.3% 148.4%
❓ Frequently asked questions
What was Salona Cotspin Limited's revenue in Q1 FY25?
Salona Cotspin Limited reported revenue of ₹190 crore for the quarter ended June 2024 (Q1 FY25), and up 14.2% sequentially over the March 2024 quarter.
What was Salona Cotspin Limited's net profit in Q1 FY25?
Net profit stood at ₹2 crore. Earnings per share (EPS) came in at ₹4.32.
What is SALONA's market capitalisation and P/E ratio?
At the current price of ₹268.35, SALONA has a market capitalisation of ₹141 crore.
Who owns Salona Cotspin Limited? (shareholding pattern)
As of Sep 2026, promoters held 68.42%, public shareholders 31.58% of Salona Cotspin Limited.
TTM ends N/A. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI