Soma Textiles & Industries Limited (SOMATEX)
₹73.68 -3.08% last close, 16 Oct
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Soma Textiles' revenue was ₹50.8 Cr, and net profit ₹4.9 Cr; the operating margin was 7.2%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹50.8 | — | +81.4% |
| Operating profit | ₹3.7 | from loss | — |
| Net profit | ₹4.9 | — | +151.5% |
| EPS (₹) | 1.48 | — | +150.8% |
| Operating margin | 7.2% | — | — |
SOMATEX delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 94.81% of the SOMATEX shares traded on NSE were taken to delivery, against the stock's own 20-session average of 73.64%. That is higher than usual for this stock. Turnover was only ₹3 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.
Delivery in the last 5 sessions: 71.3% · 80.0% · 74.9% · 65.9% · 94.8%
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
Soma Textiles & Industries Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited on October 3, 2026, covers the quarter ended September 30, 2026. It confirms that share certificates received for dematerialisation during the period were verified, confirmed or rejected, and mutilated/cancelled in accordance with regulations.
- Compliance certificate filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- Pertains to the quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited on October 3, 2026
- Submission made to BSE and NSE on October 6, 2026
Shareholders of Soma Textiles & Industries Limited have approved all resolutions at the 88th AGM held on July 31, 2026. Key approvals include the adoption of FY26 financial statements and a final dividend of 5% (Rs. 0.50 per share on a face value of Rs. 10). The company is currently transitioning from a manufacturing-based model to an asset-light trading model, having reported FY26 revenue of Rs. 80.88 Cr and a PAT of Rs. 9.82 Cr. Voting results showed near-unanimous support, with 100% of valid votes cast in favor of the dividend resolution.
- Approved a final dividend of 5% (Rs. 0.50 per share) for the financial year ended March 31, 2026
- Total valid votes cast for the dividend resolution were 8,091,532, with 100% in favor
- FY26 revenue stood at Rs. 80.88 Cr, representing a significant scale-up from Rs. 9.49 Cr in FY25
- Shareholders confirmed the re-appointment of Director Shri Shrikant Bhairaveshwar Bhat
- The company reported a net profit of Rs. 9.82 Cr for FY26, supported by its pivot to textile trading
Shareholders of Soma Textiles & Industries Limited approved all resolutions at the 88th Annual General Meeting held on July 31, 2026. Key approvals include a 5% final dividend for FY26 and the adoption of audited financial statements. The company is currently pivoting from a manufacturing-based model to an asset-light trading model, having sold its plant and machinery. Voting results showed near-unanimous support, with 100% of valid votes cast in favor of the dividend and financial statements.
- Approved a 5% final dividend on equity shares of Rs 10 face value for the financial year ended March 31, 2026.
- Total of 8,091,532 votes were cast in favor of the dividend resolution, representing 100% of valid votes.
- The company had 15,065 eligible members holding 33,033,000 shares as of the July 24, 2026, cut-off date.
- Re-appointment of Shri Shrikant Bhairaveshwar Bhat as Director was approved with 99.99% majority (8,091,486 votes in favor).
- The company reported TTM revenue of Rs 81 Cr and a PAT of Rs 10 Cr during its transition to a trading model.
Soma Textiles & Industries Limited held its 88th Annual General Meeting on July 31, 2026, where shareholders approved a 5% final dividend for FY26. The company has successfully transitioned from manufacturing to an asset-light trading model, reporting a significant revenue jump to ₹80.88 Cr in FY26 from ₹9.49 Cr in FY25. Despite an operating loss margin of -1.8% TTM, the company maintains a strong liquidity position with a net worth of ₹168 Cr and zero debt. Management addressed shareholder queries regarding the scalability of the new textile trading business.
- Declared a final dividend of 5% (₹0.50 per share) on equity shares of ₹10 each for FY26
- FY26 annual revenue reached ₹80.88 Cr, representing a nearly 8.5x increase over FY25 revenue of ₹9.49 Cr
- Company confirmed the total cessation of manufacturing operations with 0 MTPA capacity remaining after asset divestments
- Maintained a debt-free balance sheet with a net worth of ₹168 Cr as of March 2026
- Re-appointed Shri Shrikant Bhairaveshwar Bhat as a Director following his retirement by rotation
Soma Textiles & Industries reported a Q1 FY27 revenue of ₹28.39 Cr, a significant increase from ₹2.05 Cr in the year-ago period but a 44% sequential decline from ₹50.82 Cr in March 2026. Net profit for the quarter stood at ₹2.76 Cr, down from ₹4.88 Cr in the previous quarter. The company has officially transitioned its primary business segment from textiles to highway construction works contracts following a change in promoter control in July 2025. Operating margins remain thin, with road work and site expenses consuming 90.6% of operational revenue.
- Revenue from operations reached ₹28.39 Cr, representing approximately 35% of the total TTM revenue of ₹81 Cr.
- Net profit for the quarter was ₹2.76 Cr, which includes an exceptional gain of ₹0.41 Cr from the sale of fixed assets.
- Road work and site expenses amounted to ₹25.74 Cr, highlighting the high-cost nature of the new business model.
- The company has discontinued textile operations and is now solely focused on highway construction contracts as of December 2025.
- Promoter holding remains high at 80.6% following the management takeover by Roadway Solutions India Infra Limited.
Soma Textiles & Industries Limited (SOMATEX) has clarified to the NSE that its standalone and consolidated financial results for the quarter ended March 31, 2026, are identical because its 40% associate, Soma Textile FZC, is fully impaired. The company has discontinued recognizing further losses from this associate as accumulated losses have exceeded the carrying amount of the investment, reducing its value to Nil. Additionally, the company attributed a delay in its May 30, 2026, board meeting filing to technical portal issues, for which it provided evidence to the exchange. The company continues its transition from manufacturing to a trading-based model with a TTM revenue of Rs 81 Cr.
- 40% shareholding held in associate company Soma Textile FZC, incorporated outside India.
- Carrying value of the investment in the associate has been reduced to Nil due to accumulated losses.
- Consolidated and Standalone figures are identical as no further associate losses are recognized under Ind AS 28.
- Board meeting outcome for the March 2026 quarter was concluded at 5:40 P.M. on May 30, 2026.
- Company maintains a net worth of Rs 168 Cr despite the transition to an asset-light trading model.
Soma Textiles & Industries Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that share certificates received for dematerialization during the quarter ended June 30, 2026, were processed and the register of members was updated within prescribed timelines. This is a standard administrative procedure for listed companies and has no impact on business operations. The company continues its transition to an asset-light trading model following the divestment of manufacturing assets worth Rs 68.44 Cr.
- Compliance certificate issued for the quarter ended June 30, 2026.
- Registrar MUFG Intime India Private Limited confirmed all dematerialization requests were processed.
- Company is leveraging a net worth of Rs 168 Cr to pivot from manufacturing to textile trading.
- Recent asset divestment of Rs 68.44 Cr has eliminated manufacturing debt and shifted focus to trading volumes.
Soma Textiles & Industries Limited has scheduled its 88th Annual General Meeting (AGM) for July 31, 2026, to be held via video conferencing. The company has dispatched letters to shareholders who have not registered their email addresses, providing the direct link to the FY 2025-26 Annual Report. This filing is procedural, following the company's transition to a trading-based model with a TTM revenue of ₹81 Cr and a net worth of ₹168 Cr. Investors should note the mandatory KYC requirements for physical shareholders to ensure receipt of future payments.
- 88th Annual General Meeting scheduled for July 31, 2026, at 3:00 PM IST
- Cut-off date for identifying shareholders for this communication was June 26, 2026
- Company is operating with 0 MTPA manufacturing capacity following a total divestment of fixed assets
- Mandatory KYC updates required for physical shareholders to receive dividends or redemptions as per SEBI circulars
Soma Textiles & Industries Limited has announced its 88th Annual General Meeting (AGM) to be held on July 31, 2026, via video conferencing. The company will close its Register of Members and Share Transfer Books from July 17 to July 31, 2026, to update records for the meeting. This is a standard procedural filing following the company's transition from manufacturing to a textile trading model. Investors should note the company's high promoter holding of 80.6% and its significant liquidity position with a net worth of ₹168 Cr.
- 88th Annual General Meeting scheduled for July 31, 2026, at 3:00 P.M.
- Book closure period set for 15 days from July 17, 2026, to July 31, 2026.
- Company is leveraging a net worth of ₹168 Cr to pivot into textile trading.
- Promoter holding remains stable and high at 80.6% as of March 2026.
Soma Textiles & Industries has issued a notice for its 88th Annual General Meeting (AGM) to be held on July 31, 2026. The board has recommended a final dividend of 5% (₹0.5 per share) for FY 2025-26, totaling a payout of approximately ₹1.65 Cr. This comes as the company completes its transition from a manufacturing-based model to an asset-light trading model, following the divestment of fixed assets worth ₹68.44 Cr. Investors should note the company's strong liquidity position with a net worth of ₹167.67 Cr and zero debt.
- Proposed final dividend of 5% (₹0.5 per share) on 3,30,33,000 equity shares.
- 88th Annual General Meeting scheduled for July 31, 2026, via video conferencing.
- Company reported a TTM PAT of ₹10 Cr, with the dividend payout representing ~16.5% of annual earnings.
- Net worth stands at ₹167.67 Cr as of March 31, 2026, with zero debt.
- Manufacturing capacity remains at 0 MTPA following the total sale of plant and machinery.
Soma Textiles & Industries Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure is mandatory ahead of the declaration of the company's un-audited financial results for the first quarter ending June 30, 2026. The window will remain closed for all designated persons and insiders until 48 hours after the results are officially announced. This is a standard regulatory procedure and does not indicate any fundamental change in the company's operations.
- Trading window closure effective from Wednesday, July 1, 2026.
- Closure is related to the review of Un-audited Financial Results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the financial results are declared to the exchanges.
- All designated persons and directors are prohibited from trading in company securities during this period.
Soma Textiles & Industries Limited has recommended a final dividend of ₹0.50 per equity share of ₹10 face value for the financial year ended March 31, 2026. The company has fixed July 17, 2026, as the Record Date to determine the eligibility of shareholders for this 5% dividend payout. The proposal is subject to shareholder approval at the upcoming 88th Annual General Meeting (AGM) scheduled for July 31, 2026. Once approved, the dividend will be paid within the statutory timelines after tax deduction.
- Recommended a final dividend of ₹0.50 per equity share (5% of face value).
- Fixed July 17, 2026, as the Record Date for dividend entitlement.
- The 88th Annual General Meeting (AGM) is scheduled for July 31, 2026.
- Dividend pertains to the financial year ended March 31, 2026.
- Payment is subject to shareholder approval at the ensuing AGM.
The Board of Soma Textiles & Industries Limited has recommended a final dividend of Rs. 0.5 per equity share for the financial year ended March 31, 2026, representing a 5% payout on the face value of Rs. 10. The company has scheduled its 88th Annual General Meeting for July 31, 2026, to seek shareholder approval for this payout. A record date of July 17, 2026, has been established to identify eligible shareholders. The dividend will be distributed within statutory timelines following the approval and applicable tax deductions.
- Recommended final dividend of Rs. 0.5 per equity share (5% of face value of Rs. 10)
- Fixed July 17, 2026, as the Record Date for determining dividend eligibility
- 88th Annual General Meeting (AGM) to be held on July 31, 2026, via Video Conferencing
- Dividend distribution is subject to shareholder approval at the upcoming AGM
Soma Textiles & Industries Limited has scheduled a Board Meeting for June 12, 2026, to consider and recommend a final dividend for the financial year ended March 31, 2026. The proposed dividend will be subject to the approval of shareholders at the company's upcoming 88th Annual General Meeting. In compliance with SEBI regulations, the trading window for dealing in the company's securities is closed from June 9, 2026, until 48 hours after the meeting's outcome is declared. The meeting is scheduled to be held via video conferencing at 4:00 P.M.
- Board meeting scheduled for June 12, 2026, to consider recommending a final dividend for FY 2025-26.
- Trading window for designated persons closed from June 9, 2026, until 48 hours post-meeting.
- The dividend recommendation will be placed for approval at the 88th Annual General Meeting.
- The meeting will be conducted through video conferencing (VC) or other audio-visual means (OAVM).
Soma Textiles & Industries Limited has released its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The company's independent auditors, Pipara & Co LLP, have issued an unmodified opinion, indicating that the financial statements present a true and fair view of the company's financial position. The board meeting concluded on May 30, 2026, and the company confirmed that the results will be published in newspapers and uploaded to stock exchange websites.
- Board approved audited standalone and consolidated financial results for the year ended March 31, 2026.
- Independent auditors issued an unmodified opinion for both standalone and consolidated results.
- The board meeting commenced at 4:30 P.M. and concluded at 5:40 P.M. on May 30, 2026.
- Financial results are prepared in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.
Financial Performance
Revenue Growth by Segment
Revenue from operations grew by 65.66% YoY to INR 9.49 Cr (948.75 lakhs) in FY25, primarily driven by the trading segment. Manufacturing revenue has dropped to 0% as the company stopped manufacturing operations and sold its plant and machinery.
Profitability Margins
Core operating margin (before exceptional items) was -13.87% in FY25, a significant decline from a positive margin in FY24. Net profit margin is highly skewed at 730.1% due to INR 69.60 Cr in exceptional income from asset sales.
EBITDA Margin
Operating profit before working capital changes was a loss of INR 70.94 Cr in FY25, compared to a loss of INR 27.15 Cr in FY24, representing a 161% increase in operating losses due to the cessation of manufacturing and high fixed costs relative to trading volume.
Capital Expenditure
Capital expenditure for FY25 was INR 2.75 Cr (275.15 lakhs), primarily related to the transition to trading activities, compared to INR 2.35 Cr in FY24.
Credit Rating & Borrowing
Current borrowings stood at INR 0.63 Cr (62.92 lakhs) as of March 31, 2025, up 139% from INR 0.26 Cr in FY24. Finance costs decreased by 67% YoY to INR 0.17 Cr (16.66 lakhs).
Operational Drivers
Raw Materials
Stock-in-trade (textile products) represents 98.3% of the total operational revenue, as the company has pivoted from manufacturing to trading.
Capacity Expansion
Current manufacturing capacity is 0 MTPA as the company has sold off all plant and machinery. No planned expansion of manufacturing is mentioned; the focus is entirely on trading operations.
Raw Material Costs
Purchases of stock-in-trade for FY25 were INR 9.33 Cr (932.60 lakhs), accounting for 98.3% of revenue from operations, reflecting a low-margin trading model.
Manufacturing Efficiency
Manufacturing efficiency is no longer applicable as operations have ceased; the company is now evaluated on trading turnover and inventory cycles.
Logistics & Distribution
Other expenses, which include distribution and administrative costs, rose 129% YoY to INR 4.46 Cr (445.70 lakhs) in FY25.
Strategic Growth
Growth Strategy
The company is transitioning from a manufacturing-based model to a trading-based model. Growth is expected to be achieved by leveraging the existing net worth of INR 157.84 Cr and cash balances to scale trading volumes in textile products and optimizing the cost structure after the sale of legacy manufacturing assets.
Products & Services
Trading of textile-related products and stock-in-trade.
Brand Portfolio
Soma Textiles
New Products/Services
New product launches are focused on expanded trading portfolios in the textile sector, though specific revenue contribution percentages are not disclosed.
Strategic Alliances
The company maintains a relationship with Soma Textiles FZC, an associate company, to which it has provided loans resulting in a foreign exchange gain of INR 1.12 Cr in FY25.
External Factors
Industry Trends
The textile industry is seeing a shift where legacy manufacturing units with high overheads are struggling, leading companies like Soma to pivot to asset-light trading models. The company's positioning is currently defensive, focusing on liquidity and debt clearance.
Competitive Landscape
Competes with other textile traders and organized wholesalers; the market is highly fragmented with low entry barriers for trading.
Competitive Moat
The company currently lacks a strong manufacturing moat. Its primary advantage is a strong liquidity position with a positive net worth of INR 157.84 Cr and minimal debt, providing a buffer for the business model transition.
Macro Economic Sensitivity
Highly sensitive to textile industry cycles and domestic demand for traded textile goods.
Regulatory & Governance
Industry Regulations
Subject to textile trading regulations and GST compliance; manufacturing-related pollution norms are no longer applicable.
Legal Contingencies
The company has disclosed the impact of pending litigations in Note 39 of the financial statements; however, the specific INR value of these contingencies is not provided in the summary.
Risk Analysis
Key Uncertainties
The primary risk is the 'Material Uncertainty Related to Going Concern' as identified by auditors, given the cessation of manufacturing and reliance on asset sales for profitability. This represents a 100% risk to the current business structure if trading operations do not become self-sustaining.
Third Party Dependencies
100% dependency on third-party manufacturers for all products sold under the trading model.
Technology Obsolescence Risk
Low risk for trading, but the company has already suffered from the obsolescence of its manufacturing plant, which led to its sale.
Credit & Counterparty Risk
Trade receivables stood at INR 1.31 Cr (130.56 lakhs) as of March 31, 2025, down from INR 0.17 Cr in the previous year, indicating a shift in credit terms for the trading business.