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Texel Industries
BSE: 526638 INE594V01028 Industrials Industrial Products 🔎 Screen
₹90 Cr
Market Cap
20.0
P/E
0.59
PEG
10.4%
ROCE
11.1%
ROE
0.59
D/E
11.7%
OPM
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

Incorporated in 1989, Texel Industries Ltd manufactures Tarpaulins and Geomembranes

✓ Strengths

No strengths data yet.

! Concerns 6
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.66% over past five years.
  • Promoter holding is low: 29.6%
  • Company has a low return on equity of -5.03% over last 3 years.
  • Promoter holding has decreased over last 3 years: -12.2%
Key Ratios Snapshot
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📈 Growth Pattern
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📉 WEAK Revenue down 38% YoY; net loss of ₹1.6 Cr in Mar quarter
Revenue
Revenue fell 37.9% YoY to ₹23.6 Cr, though it recovered 43.4% sequentially from Dec 2025. The steep YoY decline signals weak demand in the Industrials segment.
Profitability
Net loss of ₹1.6 Cr versus a profit of ₹3.5 Cr a year ago, translating to an EPS of -₹1.22 (vs ₹2.63). PBT loss was ₹3.5 Cr, with a negative tax rate indicating tax credits on losses.
Margins
Operating margin turned negative at -6.98% from +11.89% YoY, despite a sequential improvement of 38.83%. Cost pressures and revenue shortfall are compressing margins.
Cash Flow
No cash flow data provided in this report.
Balance Sheet
Borrowings stand at ₹25.6 Cr against reserves of ₹29.8 Cr, giving a debt-to-equity of 0.59. Total assets of ₹106.1 Cr indicate a manageable leverage but weakened earnings.
Key Risks
Sustained revenue decline (37.9% YoY) could impair debt servicing. Negative operating margins suggest cost structures need urgent correction. Net loss may further erode reserves if not reversed.
Outlook
The 43.4% QoQ revenue uptick offers a glimmer of recovery, but profitability remains elusive. The company must demonstrate margin improvement and positive cash flows to stabilise operations.
Generated by AI · Mar 2026 results · Not investment advice
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📊 Analysis Methodology

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Investment Risk:
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