Cedaar Textile Limited (CEDAAR)
CEDAAR delivery percentage
NSE end-of-day data for
On Thu, 22 Oct 2026, 100.0% of the CEDAAR shares traded on NSE were taken to delivery, against the stock's own 20-session average of 93.78%. That is close to its usual level. Turnover was under ₹1 lakh, so a handful of trades can move this figure. Volume was 0.1 times its average, well below normal. It closed at its lower price band (circuit) on 22 Oct, one of 14 band closes in about the last 20 sessions.
Delivery in the last 5 sessions: 100.0% · 100.0% · 100.0% · 100.0% · 100.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Cedaar Textile Limited announced changes to its secretarial audit team following a board meeting held on September 26, 2026. The board approved the resignation of M/s B.K. Gupta & Associates as Secretarial Auditors. Simultaneously, M/s P.S. Bathla & Associates has been appointed as the Secretarial Auditor for Financial Year 2025-26. The incoming auditor possesses over 29 years of experience in corporate law and compliance.
- Resignation of M/s B.K. Gupta & Associates as Secretarial Auditors accepted on September 26, 2026
- Appointment of M/s P.S. Bathla & Associates as Secretarial Auditors for FY 2025-26 approved on September 26, 2026
- Appointed secretarial auditor brings over 29 years of professional corporate law and compliance experience
- Board meeting commenced at 05.00 P.M. and concluded at 06.05 P.M. on September 26, 2026
Financial Performance
Revenue Growth by Segment
Total revenue grew 9.82% YoY to INR 207.87 Cr in FY25 from INR 189.29 Cr in FY24. Segment-specific growth is not disclosed as the company failed to comply with AS 17 'Segment Reporting', leading to a qualified audit opinion.
Geographic Revenue Split
Primarily domestic market orientation. Specific regional percentages are not disclosed in the available documents.
Profitability Margins
Net Profit Margin was 5.79% in FY25, a slight decrease from 6.39% in FY24. Return on Equity (ROE) significantly improved from 35% to 63% due to the increase in Profit After Tax (PAT) and changes in shareholder funds.
EBITDA Margin
Estimated EBITDA margin is approximately 15.26% (INR 31.72 Cr) for FY25, calculated from PBT of INR 16.30 Cr plus finance costs of INR 11.34 Cr and depreciation of INR 4.08 Cr.
Capital Expenditure
The company is heading for major expansion in yarn cone dyeing and hank dyeing in the coming year to tap domestic and international opportunities. Specific INR values for planned CapEx are not disclosed.
Credit Rating & Borrowing
Long-term borrowings decreased by 54.5% from INR 72.68 Cr (FY24) to INR 33.05 Cr (FY25). Debt-Equity ratio improved from 10.43 to 5.79.
Operational Drivers
Raw Materials
Cotton and Polyester represent the primary raw materials.
Capacity Expansion
Current capacity not disclosed; planned expansion includes major growth in yarn cone dyeing and hank dyeing in the coming year.
Raw Material Costs
Cost of materials consumed was INR 148.73 Cr in FY25, representing 71.5% of total revenue, up from INR 110.70 Cr (58.5% of revenue) in FY24. This 34.3% YoY increase in material costs impacts overall profitability.
Strategic Growth
Expected Growth Rate
9.82%
Growth Strategy
Growth will be achieved through major expansion in yarn cone dyeing and hank dyeing, tapping international market opportunities, and utilizing the INR 60.90 Cr raised from the SME IPO on NSE Emerge in June 2025.
Products & Services
Dyed yarn (cone and hank dyeing), manufactured textiles, and traded textile goods.
New Products/Services
Expanded dyeing services for yarn (cone and hank) with expected revenue contribution not yet quantified.
Market Expansion
Heading for major expansion in domestic and international markets in the coming year.
External Factors
Industry Trends
Shift towards sustainable environments and conservation of natural resources (Polyester & Cotton). The company is aligning with quality certifications like GOTS and OEKO-TEX® to meet these trends.
Competitive Moat
Competitive advantage is derived from quality certifications (ISO, GOTS, OEKO-TEX®) and the flexibility to engage in both manufacturing and trading to ensure supply chain resilience.
Macro Economic Sensitivity
Sensitive to domestic consumer demand trends and raw material price fluctuations.
Consumer Behavior
Shifting market demands and seasonal peaks require the company to quickly adapt inventory levels and product mix.
Regulatory & Governance
Industry Regulations
Non-compliance with Accounting Standard 17 'Segment Reporting' resulted in a qualified audit opinion. Auditor noted that quarterly returns filed with banks for working capital limits (>INR 5 Cr) were not in agreement with books of account.
Environmental Compliance
Adherence to GOTS (Global Organic Textile Standard) and OEKO-TEX® for sustainable operations.
Taxation Policy Impact
Effective current tax rate of approximately 18.8% (INR 3.07 Cr on INR 16.30 Cr PBT).
Legal Contingencies
The company has disclosed pending litigations in its financial statements that impact its financial position, though specific INR values are not detailed in the text.
Risk Analysis
Key Uncertainties
Raw material price volatility (Cotton/Polyester) and regulatory risks regarding segment reporting and bank statement reconciliation.
Geographic Concentration Risk
Primarily domestic market orientation.
Credit & Counterparty Risk
Trade receivables of INR 19.23 Cr with a turnover ratio of 7.96, showing improvement from 6.71 YoY.
