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Ginni Filaments Limited (GINNIFILA)

₹40.20 -2.78% last close, 16 Oct

📊 NSE: GINNIFILA 🏢 Textiles - Cotton/Blended 📢 Latest filing: 05 Oct 2026 📝 Analysis written: 13 Dec 2025

Q2 FY27 results

📅 Next results: 02 Nov 2026 (board meeting)

Ginni Filaments Limited's board meets on 2 Nov 2026 to consider its Q2 FY27 results (July-September 2026).

In its latest reported quarter, Q1 FY27, Ginni Filaments' revenue was ₹103 Cr (+1.3% year on year, +14.2% on the previous quarter), and net profit ₹9.1 Cr (-14.7% year on year); the operating margin was 14.3%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹103	+1.3%	+14.2%
Operating profit	₹14.7	-34.9%	+11.1%
Net profit	₹9.1	-14.7%	+27.0%
EPS (₹)	1.06	-14.5%	+27.7%
Operating margin	14.3%	—	—

Full quarterly financials → Results calendar →

GINNIFILA delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 80.69% of the GINNIFILA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 79.66%. That is close to its usual level. Turnover was only ₹12 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 1 session in about the last 20.

80.69%Delivery, 16 Oct

79.66%Own 20-session average

0.7×Volume vs its average

₹40.20NSE close · -2.78%

Delivery in the last 5 sessions: 81.1% · 76.3% · 86.2% · 75.1% · 80.7%

Delivery across the market →Circuit stocks →

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

Ginni Filaments Reports Nil Requests for Physical Share Re-lodgement in Sept 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 05 Oct 2026, 02:54 PM

Ginni Filaments Limited submitted its monthly report regarding the special window for re-lodgement of transfer and dematerialisation of physical securities for September 2026. As reported by Skyline Financial Services, 0 requests were received, processed, approved, or rejected during the period from September 1, 2026, to September 30, 2026. This compliance report follows SEBI circular guidelines and has zero impact on financial performance or operations.

0 requests received for re-lodgement of physical shares during September 2026
0 requests processed, approved, or rejected in the reporting period
Average processing time recorded at 0 days
Filing submitted pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026

💡 No action is required. Investors should focus on the upcoming quarterly financial results and margin improvement in the technical textiles and consumer products segments.

Ginni Filaments 43rd AGM: Shareholders Approve All 4 Resolutions With Requisite Majority

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 28 Sep 2026, 06:24 PM

Ginni Filaments Limited concluded its 43rd Annual General Meeting held on September 28, 2026, where all 4 proposed resolutions were passed with the requisite majority. Key approvals included the adoption of audited financial statements for FY26 and the continuation of Shri Shishir Jaipuria as Managing Director, who will attain 70 years of age on April 7, 2027. Additionally, the re-appointment of Mr. Suresh Singhvi as Whole Time Director for a 1-year term starting August 1, 2026, was approved. A total of 59,828,786 votes were polled across 87 attending shareholders via video conferencing.

All 4 ordinary and special resolutions approved with nearly 100% favorable votes polled
Approval granted for MD Shishir Jaipuria to continue past 70 years of age for a 3-year term from April 1, 2026
Whole Time Director Suresh Singhvi re-appointed for a 1-year period effective August 1, 2026
Total of 59,828,786 votes polled representing 69.85% of outstanding shares

💡 Track operational progress in the core Non-woven and Consumer Products segments and evaluate subsequent quarterly financial updates to monitor margin turnaround.

Ginni Filaments Reports Nil Share Transfer Re-Lodgement Requests for August 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 03 Sep 2026, 04:29 PM

Ginni Filaments Limited has submitted its monthly report regarding the special window for re-lodgement of transfer and dematerialisation of physical securities for August 2026. As per the report from Registrar Skyline Financial Services, zero requests were received, processed, approved, or rejected between August 1, 2026, and August 31, 2026. This filing is purely procedural compliance in accordance with SEBI circulars and has no financial impact.

0 transfer requests received during August 2026
0 transfer requests processed, approved, or rejected during the month
Report covers the compliance period from 01-08-2026 to 31-08-2026
Filed pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026

💡 This is a standard administrative filing requiring no action; investors should track core operational performance and quarterly earnings instead.

Ginni Filaments Dispatches FY26 Annual Report Weblink; 43rd AGM on Sep 28, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 01 Sep 2026, 11:46 AM

Ginni Filaments Limited has issued an intimation regarding the dispatch of a web-link to its FY2025-26 Annual Report to shareholders whose email addresses are not registered with the company or depositories. The company's 43rd Annual General Meeting is scheduled to be held virtually on September 28, 2026, at 11:45 AM IST. This is a standard statutory disclosure pursuant to Regulation 36(1)(b) of SEBI LODR Regulations.

43rd Annual General Meeting scheduled for September 28, 2026, at 11:45 AM IST via VC/OAVM
Annual Report for FY 2025-26 web-link dispatched to shareholders without registered email addresses
Compliance notification issued under Regulation 36(1)(b) of SEBI LODR Regulations, 2015

💡 Shareholders can review the detailed FY26 full-year financial statements and management commentary in the Annual Report and register for e-voting prior to the AGM on September 28, 2026.

Ginni Filaments Convenes 43rd AGM on September 28, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Aug 2026, 04:01 PM

Ginni Filaments Limited has issued the notice for its 43rd Annual General Meeting scheduled for September 28, 2026, via video conferencing. The agenda includes ordinary business along with special resolutions approving the continuation of Managing Director Shri Shishir Jaipuria after attaining age 70 and the re-appointment of CFO & Whole-time Director Mr. Suresh Singhvi for a 1-year term from August 1, 2026. The company's register of members and share transfer books will remain closed from September 22 to September 28, 2026.

43rd AGM scheduled to be held on September 28, 2026 at 11:45 AM via VC/OAVM
Book closure period set from September 22, 2026 to September 28, 2026
Special resolution sought for continuation of Shri Shishir Jaipuria as MD past age 70 (attaining April 7, 2027)
Re-appointment of Mr. Suresh Singhvi (age 72) as Whole-time Director & CFO for 1 year effective August 1, 2026

💡 Shareholders may review AGM voting resolutions regarding key management personnel reappointment and cast their votes via e-voting before September 28, 2026.

Ginni Filaments Schedules 43rd AGM for Sep 28, 2026; Cut-off Date Set as Sep 21

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 21 Aug 2026, 12:17 PM

Ginni Filaments Limited has announced its 43rd Annual General Meeting (AGM), scheduled to be held on Monday, September 28, 2026, at 11:45 AM via Video Conferencing / Other Audio Visual Means. The company has fixed September 21, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. Share transfer books and the Register of Members will remain closed from September 22, 2026, to September 28, 2026. The remote e-voting window will be open from September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM).

43rd Annual General Meeting scheduled for September 28, 2026, at 11:45 AM via VC/OAVM
Cut-off date for e-voting eligibility fixed as September 21, 2026
Book closure period set from September 22, 2026, to September 28, 2026 (both days inclusive)
Remote e-voting window active from September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)

💡 Eligible shareholders holding shares as of September 21, 2026, can participate in voting on AGM agenda items and review the forthcoming Annual Report for operational commentary.

Ginni Filaments reports zero physical share transfer requests for July 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Aug 2026, 03:47 PM

Ginni Filaments Limited has filed its monthly report regarding the special window for the transfer and dematerialization of physical securities for July 2026. The report, issued by Registrar Skyline Financial Services, indicates that zero requests were received, processed, approved, or rejected during the period from July 1 to July 31, 2026. This filing is a procedural requirement under SEBI's 'Ease of Doing Investment' circular. Given the company's small market cap of ₹395 Cr and recent TTM loss of ₹15 Cr, this administrative update has no material impact on financial health.

Zero (0) requests for physical share transfers were received during the month of July 2026
Zero (0) requests were processed or approved by the Registrar and Share Transfer Agent
The reporting period covered is from 01-07-2026 to 31-07-2026
Compliance is maintained as per SEBI Circular dated January 30, 2026

💡 No action is required for this routine administrative filing. Investors should instead monitor the company's progress in its Non-woven and Consumer Product divisions following its exit from the loss-making spinning segment.

Ginni Filaments Re-appoints CFO for 1 Year and Proposes MD's Continuation Beyond Age 70

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 28 Jul 2026, 03:34 PM

Ginni Filaments has approved the re-appointment of Mr. Suresh Singhvi as CFO for a one-year term effective August 1, 2026. The board is also seeking shareholder approval for Managing Director Shri Shishir Jaipuria to continue his tenure after he reaches the age of 70 on April 6, 2027. These leadership decisions come as the company attempts a turnaround, having reported a TTM net loss of ‑₹15 Cr on revenue of ₹320 Cr. The appointments are subject to shareholder approval at the upcoming 43rd AGM.

CFO Suresh Singhvi re-appointed for a 1-year term from August 1, 2026, to July 31, 2027
MD Shishir Jaipuria to reach the age of 70 on April 6, 2027, requiring a Special Resolution for continuation
Shareholder approval for both management items to be sought at the 43rd AGM on September 28, 2026
CFO brings approximately 45 years of experience in finance, accounts, and legal matters
Company is currently loss-making with a TTM PAT of ‑₹15 Cr and FY24 OPM of -1.03%

💡 Investors should monitor the voting results of the 43rd AGM on September 28, 2026, and look for updates on the company's transition toward the higher-margin non-woven and consumer product segments.

₹10 Cr Investment: Ginni Filaments to Set Up Wet Wipes Subsidiary in South Africa

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 28 Jul 2026, 03:32 PM

Ginni Filaments has approved the incorporation of a 100% Wholly Owned Subsidiary (WOS) in South Africa, named Ginni RSA (Pty) Ltd. The company plans to invest up to ₹10 crore in this new entity, which will focus on the manufacturing, trading, and distribution of wet wipes and allied consumer products. This move aligns with the company's stated strategy to pivot away from loss-making spinning operations toward high-growth technical textiles and hygiene segments. The investment represents approximately 4.2% of the company's current net worth of ₹236 crore.

Initial capital subscription of up to ₹10,00,00,000 (₹10 Cr) to be infused in tranches.
100% equity control by Ginni Filaments Limited in the proposed South African entity.
Target market is the manufacturing and distribution of wet wipes and allied consumer products.
Investment magnitude is ~3.1% of TTM revenue (₹320 Cr) and ~4.2% of Net Worth (₹236 Cr).
Strategic alignment with the global spunlace market's projected 10.1% value growth through 2028.

💡 Investors should monitor the timeline for the incorporation process and any subsequent announcements regarding manufacturing capacity or local partnerships in South Africa. Watch for improvements in consolidated margins as the company shifts focus to this higher-margin consumer segment.

Ginni Filaments Q1 Net Profit at ₹9.05 Cr; Plans ₹10 Cr South Africa Expansion

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 28 Jul 2026, 02:36 PM

Ginni Filaments reported a Q1 FY27 revenue of ₹102.89 Cr, a marginal 1.3% increase year-on-year. Net profit from continuing operations declined 38.6% to ₹9.05 Cr from ₹14.75 Cr in Q1 FY26, primarily due to higher raw material and other operating expenses. The company is expanding its consumer products footprint by incorporating a 100% subsidiary in South Africa with an initial investment of up to ₹10 Cr (approx. 3.1% of TTM revenue). Finance costs saw a significant reduction of 50.2% YoY to ₹0.72 Cr, indicating improved debt management.

Revenue from operations for Q1 FY27 stood at ₹102.89 Cr compared to ₹101.54 Cr in Q1 FY26.
Net profit from continuing operations decreased to ₹9.05 Cr from ₹14.75 Cr in the previous year's quarter.
Board approved a ₹10 Cr investment for a new wholly-owned subsidiary in South Africa for the wet wipes business.
Finance costs reduced by 50.2% YoY to ₹0.72 Cr from ₹1.44 Cr.
Consumer Products segment contributed ₹58.02 Cr to gross segment revenue before inter-segment eliminations.

💡 Monitor the progress of the South African subsidiary's incorporation and the performance of the Consumer Products segment, which is the company's primary growth focus following its exit from loss-making spinning units.

Ginni Filaments Reports Zero Physical Share Transfer Requests for June 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Jul 2026, 04:50 PM

Ginni Filaments Limited has filed its monthly report regarding the special window for re-lodgement of physical share transfers for June 2026. The report, issued by its Registrar and Share Transfer Agent (RTA), Skyline Financial Services, shows that no requests were received, processed, or rejected during the month. This filing is a procedural requirement under SEBI's 'Ease of Doing Investment' circular and has no impact on the company's financial performance or operations.

Zero (0) requests for physical share transfers were received during the month of June 2026.
Zero (0) requests were approved or rejected by the RTA during the reporting period.
The report covers the specific period from June 1, 2026, to June 30, 2026.
The filing complies with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026.

💡 This is a routine administrative filing. Investors should instead monitor the company's progress in its Non-woven and Consumer Product divisions following its strategic exit from loss-making spinning segments.

Ginni Filaments Submits Q1 FY27 Share Dematerialization Compliance Certificate

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jul 2026, 04:37 PM

Ginni Filaments Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026. The company's Registrar and Share Transfer Agent, Skyline Financial Services Private Limited, confirmed that physical share certificates received for dematerialization were processed within the mandated 15-day period. This process includes the mutilation and cancellation of physical certificates and updating the depository as the registered owner. This is a standard administrative filing with no impact on business operations or financials.

Compliance certificate issued for the quarter ended June 30, 2026
Dematerialization requests processed and confirmed within 15 days of receipt
Physical certificates were mutilated and cancelled as per SEBI regulations
Registrar confirmed the depository name was substituted in records as the registered owner

💡 This is a routine regulatory filing. Investors should monitor upcoming quarterly earnings results for material updates on business performance.

₹10 Lakh FEMA Penalty Set Aside by Appellate Authority for Ginni Filaments

🟢 POSITIVE ⭐ 3/10

LEGAL 📅 02 Jul 2026, 12:31 PM

Ginni Filaments Limited has successfully appealed against a ₹10,00,000 penalty previously imposed by the Enforcement Directorate (FEMA) in March 2025. The Special Director (Appeals), FEMA, Kolkata, set aside the adjudication order on July 02, 2026, noting that the company made genuine efforts to realize export proceeds. While the financial impact is minor at approximately 0.03% of TTM revenue, the resolution removes a regulatory overhang. The company continues its strategic focus on the non-woven and consumer product divisions following a major restructuring of its spinning business.

Penalty of ₹10,00,000 (₹10 Lakhs) imposed by the ED, FEMA, Lucknow has been set aside.
The Special Director (Appeals), FEMA, Kolkata, allowed the company's appeal on July 02, 2026.
The Appellate Authority observed the company made genuine efforts for the realization of export proceeds.
The resolution concludes a matter originally disclosed to exchanges on March 15, 2025.

💡 Investors should focus on the company's operational turnaround in the non-woven segment, which is expected to grow at 10.1% in value globally, rather than this minor legal resolution.

Ginni Filaments to Close Trading Window from July 1, 2026, for Q1 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 25 Jun 2026, 11:11 AM

Ginni Filaments Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI Insider Trading regulations. This closure precedes the declaration of the unaudited financial results for the quarter ending June 30, 2026. The window will remain closed for all designated persons and their immediate relatives until 48 hours after the results are made public. The company will announce the specific date for the board meeting to approve these results in the near future.

Trading window closure starts on July 1, 2026, for Q1 FY27 results.
Closure applies to designated persons and their immediate relatives under SEBI regulations.
The window will reopen 48 hours after the announcement of the unaudited financial results.
The board meeting date for result approval is yet to be announced.

💡 No immediate action is required as this is a standard regulatory compliance. Investors should monitor for the upcoming Q1 earnings date to assess the company's financial performance.

Ginni Filaments Reports Zero Requests in Special Window for Physical Share Transfers for May 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 02 Jun 2026, 04:02 PM

Ginni Filaments Limited has submitted its monthly report regarding the special window for transfer and dematerialization of physical securities for the period of May 2026. The report, issued by Registrar and Share Transfer Agent Skyline Financial Services, shows that zero requests were received or processed during the month. This filing is a routine regulatory requirement following SEBI's 'Ease of Doing Investment' circular issued in January 2026. There is no material impact on the company's financial position or operations.

Report covers the special window for transfer and dematerialization of physical shares for May 1 to May 31, 2026.
Zero requests were received, processed, approved, or rejected during the reporting period.
Compliance is maintained as per SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026.
The report was prepared and verified by Skyline Financial Services Private Limited.

💡 No action is required from investors as this is a routine administrative filing with no impact on share value or company fundamentals.

View All GINNIFILA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Continuing operations revenue grew by 7.9% to INR 379.50 Cr in FY25, up from INR 351.70 Cr in FY24. However, total revenue including discontinued operations fell 56.7% from INR 875.65 Cr to INR 379.50 Cr following the slump sale of the spinning, knitting, and processing division which previously contributed INR 523.96 Cr.

Geographic Revenue Split

Not specifically disclosed in available documents, though the company operates as an Export Oriented Unit (EOU) suggesting significant international exposure.

Profitability Margins

Net Profit Margin improved by 8.60%, moving from -7.48% in FY24 to 1.12% in FY25. This turnaround was achieved by eliminating the spinning segment which had contributed INR 58.24 Cr in losses during FY24.

EBITDA Margin

Operating Profit Margin increased from 2.32% to 3.80% (a 1.48% improvement) in FY25. Core profitability improved because the company shifted focus to the higher-margin Non-woven and Consumer Product divisions.

Capital Expenditure

Not disclosed as a specific future figure, but the company utilized slump sale proceeds to reduce term liabilities from INR 101.91 Cr to INR 22.02 Cr, a 78.4% reduction, to consolidate the residual business.

Credit Rating & Borrowing

CARE BBB-; Stable (Long-term) and CARE A3 (Short-term) reaffirmed as of June 16, 2025. Borrowing costs are supported by a reduced overall gearing of 0.40x and an improved Interest Coverage Ratio of 1.44 (up from 0.66).

⚙️ Operational Drivers

Raw Materials

Specific raw materials like cotton or synthetic fibers for non-woven production are implied but not listed with percentage costs; however, the company is described as an integrated textile player.

Capacity Expansion

Current capacity is not specified in MT; however, the company is focusing on its Non-woven and Consumer Product divisions following the exit from spinning to improve manufacturing focus.

Raw Material Costs

Not disclosed as a specific percentage of revenue, but the company maintains integrated operations to manage supply chain costs for its wet wipes and technical textile lines.

Manufacturing Efficiency

Manufacturing efficiency is reflected in the improved Return on Net Worth, which rose from -11.09% to 2.13% in FY25 due to the disposal of inefficient, loss-making units.

Logistics & Distribution

Debtors Turnover Ratio improved from 4.57 to 6.23 (a 36.3% increase), suggesting more efficient collection from customers and better distribution liquidity.

📈 Strategic Growth

Expected Growth Rate

10.10%

Growth Strategy

Growth will be achieved by focusing exclusively on the Non-woven and Consumer Product divisions. The global spunlace market is expected to grow at 8.65% in volume and 10.1% in value through 2028. The company plans to leverage its integrated setup for wet wipes and technical textiles to capture this demand.

Products & Services

Technical textiles, non-woven fabrics, and consumer products including wet wipes.

Brand Portfolio

Ginni (implied by company name and consumer product focus).

New Products/Services

Focusing on personal care and hygiene products within the non-woven segment, though specific new launch revenue contributions are not disclosed.

Market Expansion

The company shifted its registered office to Noida in June 2024 to better align with corporate operations and is targeting the growing global demand for hygiene-based non-wovens.

Strategic Alliances

Concluded a slump sale of its spinning undertaking to RSWM Limited in February 2024 to exit loss-making operations.

🌍 External Factors

Industry Trends

The industry is shifting toward spunlace non-wovens, which accounted for 12.7% of the market in 2023 and is expected to rise to 14% by 2028, with value growth outpacing volume growth.

Competitive Landscape

Competes in the technical textiles and consumer hygiene space; the exit from spinning reduces direct competition with large-scale commodity yarn producers.

Competitive Moat

The moat is built on 34+ years of promoter experience in textiles and an integrated manufacturing process for technical textiles, which is difficult for new entrants to replicate at scale.

Macro Economic Sensitivity

Highly sensitive to global demand for hygiene products; the non-woven market is projected to reach 14% of the total non-woven market by 2028.

Consumer Behavior

Increasing demand for personal care and hygiene products is driving the 7-8% CAGR in the global non-woven market.

Geopolitical Risks

Global socio-economic and political changes are cited as primary factors that could impact the future outlook and export stability.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with the Companies Act 2013 and FEMA 1999. Maintenance of cost records under Section 148(1) is specifically noted as not applicable to the company.

Taxation Policy Impact

The company adopted a new tax regime in FY26, resulting in a lower effective tax rate and the re-measurement of deferred tax assets/liabilities.

Legal Contingencies

There are no significant or material orders passed by regulators or courts impacting the 'going concern' status or future operations as of the FY25 audit.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the performance of the residual loss-making garment unit and the volatility of global demand for technical textiles, which could impact the 1.12% net margin.