Micro Textiles

Shantai Industries Ltd.

SHANTAI

₹14.5

-1.76% (-0.26)

Market Cap

₹11 Cr.

P/E

34.75

Shantai Industries Ltd.
Overview
Financials
Benchmarking
Shareholding

Shantai Industries Ltd.

Shantai Industries Ltd.
Overview
Financials
Benchmarking
Shareholding

Price
Growth Table
Balance Sheet
Profit & Loss
Cash Flow
Cash Flow Analysis
Ratios
Quarterly Results
Reverse DCF

FAQs on Shantai Industries Ltd. Shareprice

Has the share price of Shantai Industries grown faster than its competition?

Shantai Industries has given lower returns compared to its competitors.
Shantai Industries has grown at ~17.99% over the last 5yrs while peers have grown at a median rate of 26.65%

Is Shantai Industries stock expensive?

Yes, Shantai Industries is expensive.
Latest PE of Shantai Industries is 34.75, while 3 year average PE is 31.51.
Also latest EV/EBITDA of Shantai Industries is 55.17 while 3yr average is 32.62.

View FAQ's On Business

Growth Table

Shantai Industries Ltd.
Minaxi Textiles
Loading...
Tacent Projects
Loading...

In %	1yr	2yr	3yr	4yr	5yr	6yr	7yr	8yr	9yr	10yr
Share Price CAGR	68.60	69.85	48.03	26.74	17.99	7.11	-5.53	-10.87	-4.56	-14.74
TTM EPS CAGR	—	—	143	—	-28.40	-28.36	—	-9.98	22.00	—
Sales CAGR	1,467	480	160	179	12.28	7.93	-12.60	-18.89	13.68	97.88
PAT Margin (Abs Growth)	11.06	-6.78	199	-4.00	-22.16	-4.72	-5.57	-5.75	163	45.87
PE CAGR	—	—	-39.02	—	64.79	49.52	—	-0.99	-21.77	—
CFO CAGR	-119	-25.77	—	-35.57	-42.71	-26.13	-28.00	—	—	—

* Share price and PE growth are updated everyday. All other fields are as of latest financial year end. EPS adjusted for bonus and splits.

Balance Sheet

Shantai Industries Ltd.
Minaxi Textiles
Loading...
Tacent Projects
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Assets	8.81	94.24	80.54	30.39	8.70	7.71	7.67	7.75	7.49	14.78
Non Current Assets	0.00	0.01	0.06	0.05	0.05	0.05	0.05	0.04	0.04	0.04
Net Block	0.00	0.01	0.05	0.03	0.02	0.01	0.01	0.01	0.01	0.01
Capital Work in Progress	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Intangible Assets Under Development	—	—	—	—	—	—	—	—	—	—
Long Term Investments	—	—	—	—	—	—	—	—	—	—
Current Assets	8.81	94.20	80.47	30.36	8.68	7.70	7.66	7.74	7.48	14.73
Inventory	3.93	3.20	1.42	0.21	0.78	2.72	4.96	5.31	4.39	0.26
Accounts Receivable	4.40	86.79	76.28	25.02	4.60	3.35	0.86	0.79	1.42	12.19
Short Term Investments	—	—	—	—	—	—	—	—	—	—
Cash & Bank Balances	0.03	0.38	0.53	1.23	1.42	0.58	0.67	0.45	0.53	0.55
Liabilities	8.81	94.24	80.54	30.39	8.70	7.71	7.67	7.75	7.49	14.78
Shareholders Funds	5.86	6.51	6.38	8.60	8.50	7.50	7.52	7.42	7.36	7.67
Share Capital	0.50	0.50	1.50	1.50	1.50	1.50	1.50	1.50	1.50	1.50
Reserves	5.36	6.01	4.88	7.10	7.00	6.00	6.02	5.92	5.86	6.17
Non Current Liabilities	0.00	0.02	0.02	0.06	0.07	0.09	0.09	0.10	0.10	3.04
Secured Loans	—	—	—	—	—	—	—	—	—	—
Unsecured Loans	—	—	—	—	—	—	—	—	—	2.90
Current Liabilities	2.95	87.71	74.14	21.74	0.13	0.12	0.05	0.23	0.03	4.07
Accounts Payable	2.90	87.35	74.11	19.08	0.00	0.01	0.00	0.21	0.00	3.63
Short Term Loans	—	—	—	—	—	—	—	—	—	—

Balance Sheet Snapshot

No data available.

Fund Flow Analysis

Increase
Decrease
Total

No data available.

*Data is as of latest FY end

Profit & Loss

Shantai Industries Ltd.
Minaxi Textiles
Loading...
Tacent Projects
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Sales	6.38	108	54.34	12.83	10.92	0.49	1.15	0.60	1.29	20.25
Operating Expenses	6.33	107	54.36	9.71	10.96	1.38	1.14	0.70	1.38	20.01
Raw Material	10.05	100	49.17	7.60	10.13	2.20	3.16	0.87	0.24	0.00
Material Cost (%)	95.92	93.62	93.76	68.76	87.48	51.56	80.75	85.97	90.56	20.37
Employee Cost	0.10	0.20	0.32	0.41	0.76	0.10	0.09	0.07	0.07	0.34
Power & Fuel Cost	—	0.00	0.01	0.01	0.03	0.00	0.00	0.00	0.00	—
Operating Profit	0.05	1.08	-0.02	3.11	-0.03	-0.89	0.01	-0.10	-0.09	0.24
Other Income	0.03	0.01	0.02	0.05	0.03	0.03	0.02	0.02	0.03	0.09
OPM (%)	0.77	1.00	-0.05	24.27	-0.29	-181	0.73	-17.29	-6.93	1.20
Depreciation and Amortisation	—	0.00	0.03	0.02	0.02	0.01	0.00	0.00	0.00	0.00
Interest	0.00	0.01	0.07	0.03	0.08	0.14	0.00	0.01	—	0.00
Profit Before Tax	0.08	1.08	-0.10	3.11	-0.10	-1.00	0.02	-0.10	-0.06	0.33
Tax	0.02	0.35	-0.01	0.89	-0.00	0.00	0.00	0.00	0.00	0.02
Net Profit	0.06	0.74	-0.09	2.22	-0.10	-1.00	0.02	-0.10	-0.06	0.31
Number of shares(Crs)	0.05	0.05	0.15	0.15	0.15	0.15	0.15	0.15	0.15	—
Dividend Payout Ratio(%)	0.00	6.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

TTM Values as of Mar 2025

Cash Flow

Shantai Industries Ltd.
Minaxi Textiles
Loading...
Tacent Projects
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Sep'24
Cash from Operating Activity	—	0.43	0.27	0.70	0.25	-0.85	0.08	-0.23	0.04	0.38
Profit Before Tax	0.00	1.08	-0.10	3.11	-0.10	-1.00	0.02	-0.10	-0.06	0.13
Adjustments	—	0.01	0.08	0.05	0.07	0.22	-0.01	-0.01	-0.02	—
OCF Before Working Capital	0.00	1.09	-0.02	3.16	-0.03	-0.78	0.01	-0.10	-0.09	0.11
Working Capital Changes	—	-0.34	0.45	-1.96	0.29	-0.07	0.07	-0.13	0.13	0.26
Taxes Paid	—	-0.32	-0.17	-0.50	-0.00	-0.01	—	—	—	0.00
Cash from Investing Activity	—	-0.00	-0.04	0.02	0.02	3,466	—	—	—	—
Net Fixed Assets Purchased	0.00	-0.02	-0.06	-0.00	-0.01	0.00	0.00	0.00	0.00	0.00
Fixed Assets Purchased	—	-0.02	-0.06	-0.00	-0.01	—	—	—	—	—
Fixed Assets Sold	—	—	—	—	—	—	—	—	—	—
Investment Purchased	—	—	—	—	—	—	—	—	—	—
Investment Sold	—	—	—	—	—	—	—	—	—	—
Interest Recieved	—	0.01	0.02	0.02	0.03	3,466	—	—	—	—
Dividends Recieved	—	—	—	—	—	—	—	—	—	—
Subsidiary Investments	—	—	—	—	—	—	—	—	—	—
Cash from Financing Activity	—	-0.08	-0.07	-0.03	-0.08	0.01	0.02	0.01	0.03	—
Proceeds From Shares	—	—	—	—	—	—	—	—	—	—
Net Long Term Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds From Borrowings	—	—	—	—	—	—	—	—	—	—
Repayment From Borrowings	—	—	—	—	—	—	—	—	—	—
Interest Paid	—	-0.01	-0.07	-0.03	-0.08	-0.02	-0.00	-0.01	—	—
Dividend Paid	—	-0.07	—	—	—	—	—	—	—	—
Net Cash Flow	0.00	0.35	0.16	0.69	0.19	-0.84	0.10	-0.22	0.07	-0.44
Opening Cash & Cash Equivalents	—	0.03	0.38	0.53	1.23	1.42	0.58	0.67	0.45	—
Effect of FX	—	—	—	—	—	—	—	—	—	—
Closing Cash & Cash Equivalents	—	0.38	0.53	1.23	1.42	0.58	0.67	0.45	0.53	—
Net Capex (est)	0.00	0.02	0.06	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (est)	0.00	0.41	0.20	0.70	0.24	-0.85	0.08	-0.23	0.04	0.38

Cash Flow Analysis

Increase
Decrease
Total

No data available.

Ratios

= Dominant Factor

Shantai Industries Ltd.
Minaxi Textiles
Loading...
Tacent Projects
Loading...

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational Ratios
Quick Ratio	—	1.65	1.04	1.07	1.39	61.12	40.00	49.48	10.49	112
Liquid Assets (Crs)	0.00	4.88	91.00	79.05	30.16	7.90	4.97	2.70	2.43	3.09
Current Liabilities (Crs)	0.00	2.95	87.71	74.14	21.74	0.13	0.12	0.05	0.23	0.03
Current Ratio	—	2.98	1.07	1.09	1.40	67.14	61.92	140	33.44	272
Current Assets (Crs)	5.80	8.81	94.20	80.47	30.36	8.68	7.70	7.66	7.74	7.48
Current Liabilities (Crs)	0.00	2.95	87.71	74.14	21.74	0.13	0.12	0.05	0.23	0.03
Interest Coverage Ratio	-1,170	56.24	107	-0.47	124	-0.22	-6.28	7.23	-6.48	—
EBIT (Crs)	-0.03	0.08	1.09	-0.03	3.14	-0.02	-0.86	0.03	-0.08	-0.06
Interest Expenses (Crs)	0.00	0.00	0.01	0.07	0.03	0.08	0.14	0.00	0.01	0.00
Fixed Asset Turnover	0.00	0.00	6,620	687	157	115	5.19	12.13	6.34	13.64
Net Sales (Crs)	0.02	6.38	108	54.34	12.83	10.92	0.49	1.15	0.60	1.29
Fixed Assets (Crs)	0.00	0.00	0.02	0.08	0.08	0.09	0.09	0.09	0.09	0.09
Cash Conversion Cycle	0.00	303	3.23	-15.20	-464	147	4,247	1,888	3,550	1,649
Inventory Days	0.00	225	12.03	15.51	23.13	16.43	1,302	1,221	3,123	1,370
Days Receivable	0.00	252	154	548	1,441	495	2,953	669	502	312
Days Payable	—	173	163	578	1,928	364	8.14	1.91	74.84	32.65
Debt to Equity Ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt (Crs)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shareholders Equity (Crs)	5.80	5.86	6.51	6.38	8.60	8.50	7.50	7.52	7.42	7.36
Free Cash Flow/Sales (%)	-28,700	0.00	0.38	0.37	5.44	2.18	-174	6.82	-37.67	3.34
Free Cash Flow(est) (Crs)	-5.82	0.00	0.41	0.20	0.70	0.24	-0.85	0.08	-0.23	0.04
Net Sales (Crs)	0.02	6.38	108	54.34	12.83	10.92	0.49	1.15	0.60	1.29
Profitability Ratios
Gross Margin (%)	3.34	4.08	6.38	6.24	31.24	12.52	48.44	19.25	14.03	9.44
Op Profit Margin (%)	-178	0.77	1.00	-0.05	24.27	-0.29	-181	0.73	-17.29	-6.93
Operating Profit (Crs)	-0.03	0.08	1.10	-0.00	3.16	-0.00	-0.85	0.03	-0.08	-0.06
Net Sales (Crs)	0.02	6.38	108	54.34	12.83	10.92	0.49	1.15	0.60	1.29
Net Profit Margin (%)	-168	0.86	0.68	-0.16	17.28	-0.89	-204	1.90	-15.94	-4.88
Net Profit (Crs)	-0.03	0.06	0.74	-0.09	2.22	-0.10	-1.00	0.02	-0.10	-0.06
Net Sales (Crs)	0.02	6.38	108	54.34	12.83	10.92	0.49	1.15	0.60	1.29
ROCE (%)	-0.59	1.39	16.75	-0.50	36.24	-0.21	-11.36	0.34	-1.10	-0.85
EBIT (Crs)	-0.03	0.08	1.09	-0.03	3.14	-0.02	-0.86	0.03	-0.08	-0.06
Capital Employed (Crs)	5.80	5.86	6.53	6.40	8.65	8.57	7.59	7.61	7.52	7.46
Return on Assets (%)	-0.59	0.63	0.78	-0.11	7.29	-1.11	-13.00	0.28	-1.23	-0.84
Net Profit (Crs)	-0.03	0.06	0.74	-0.09	2.22	-0.10	-1.00	0.02	-0.10	-0.06
Total Assets (Crs)	5.80	8.81	94.24	80.54	30.39	8.70	7.71	7.67	7.75	7.49
ROIC (%)	-0.62	0.58	11.99	-0.81	29.66	-0.67	-12.84	0.08	-1.49	-1.31
Op Profit after Taxes (Crs)	-0.04	0.03	0.74	-0.05	2.20	-0.05	-0.90	0.01	-0.11	-0.09
Invested Capital (Crs)	5.79	5.83	6.13	5.85	7.42	7.16	7.01	6.94	7.06	6.93
ROE (%)	-0.59	0.94	11.32	-1.37	25.78	-1.14	-13.38	0.29	-1.29	-0.86
Net Profit Margin (%)	-168	0.86	0.68	-0.16	17.28	-0.89	-204	1.90	-15.94	-4.88
Asset Turnover ratio	0.00	0.72	1.15	0.67	0.42	1.26	0.06	0.15	0.08	0.17
Equity Multiplier	1.00	1.50	14.47	12.63	3.54	1.02	1.03	1.02	1.04	1.02
Adjusted EPS	-0.05	0.07	0.98	-0.12	2.96	-0.13	-1.34	0.03	-0.13	-0.08
Valuation Ratios
P/E	0.00	834	32.27	0.00	2.94	0.00	0.00	204	0.00	0.00
Price to Book	0.00	7.84	3.67	2.59	0.76	0.00	0.65	0.59	0.48	0.82
EV/EBITDA	-14.36	566	21.34	-6,276	1.68	-171	-5.03	132	-38.57	-88.28
Dividend Yield (%)	—	0.00	0.21	0.00	0.00	—	0.00	0.00	0.00	0.00

Quarterly Results

Shantai Industries Ltd.
Minaxi Textiles
Loading...
Tacent Projects
Loading...

In Rs. Cr.	Dec'22	Mar'23	Jun'23	Sep'23	Dec'23	Mar'24	Jun'24	Sep'24	Dec'24	Mar'25
Net Sales	0.27	0.31	0.00	0.00	0.00	1.29	0.57	4.23	8.22	7.24
Operating Expenses	0.29	0.36	0.06	0.03	0.06	1.24	0.55	4.15	8.11	7.19
Increase/Decrease in Stock	0.11	-0.04	0.00	0.00	0.00	0.93	0.49	1.45	2.40	-0.21
Raw Material	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Employee Cost	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.06	0.12	0.14
Selling and Distribution Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Electricity, Power & Fuel Cost	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gen_AdminExpenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Miscellaneous Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Profit	-0.03	-0.04	-0.06	-0.03	-0.06	0.05	0.02	0.07	0.10	0.05
Other Income	0.01	0.01	0.00	0.01	0.00	0.01	0.00	0.03	0.00	0.06
Interest	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PBDT	-0.01	-0.05	-0.06	-0.01	-0.06	0.07	0.02	0.10	0.10	0.10
Depreciation and Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	-0.01	-0.05	-0.06	-0.02	-0.06	0.07	0.02	0.10	0.10	0.10
Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02
Profit After Tax	-0.01	-0.05	-0.06	-0.02	-0.06	0.07	0.02	0.10	0.10	0.08
Exceptional Items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	-0.01	-0.05	-0.06	-0.02	-0.06	0.07	0.02	0.10	0.10	0.08
Quarterly Ratios
EPS	-0.02	-0.07	-0.08	-0.02	-0.07	0.09	0.03	0.13	0.14	0.11
Operating Profit Margin	-9.29	-14.38	0.00	0.00	0.00	4.02	3.84	1.73	1.24	0.62
Net Profit Margin	-5.58	-15.65	0.00	0.00	0.00	5.19	4.19	2.32	1.24	1.16

Reverse DCF

Earnings

Discount Rate (%)

Terminal Multiple

5 YEAR

10 YEAR

20 YEAR

43.50%

Implied Growth Rate over a 5 year period*

15.20%

Implied Growth Rate over a 10 year period*

7.00%

Implied Growth Rate over a 20 year period*

*Implied Growth calculated using Newton-Raphson method.

Learn how to use Reverse DCF

FAQs on Shantai Industries Ltd. Financials

How strong is Shantai Industries balance sheet?

Balance sheet of Shantai Industries is strong.
It shouldn't have solvency or liquidity issues.

Is the debt of Shantai Industries increasing or decreasing?

Yes, The net debt of Shantai Industries is increasing.
Latest net debt of Shantai Industries is ₹2.35 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹1.04 Crs.

Is the profitablity of Shantai Industries improving?

The profit is oscillating.
The profit of Shantai Industries is -₹0.06 Crs for Mar 2024, -₹0.1 Crs for Mar 2023 and ₹0.02 Crs for Mar 2022

Does Shantai Industries pay decent dividends?

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Shantai Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

How has Shantai Industries allocated its funds?

Companies resources are majorly tied in miscellaneous assets

View FAQ's On Shareholding

Ideas Dashboard

Timeline

Watchlist

Portfolio

Alerts

Research

Stock Screener

Market

Raw Material

Shantai Industries Ltd.

Shantai Industries Ltd.

Has the share price of Shantai Industries grown faster than its competition?

Is Shantai Industries stock expensive?

How strong is Shantai Industries balance sheet?

Is the debt of Shantai Industries increasing or decreasing?

Is the profitablity of Shantai Industries improving?

Does Shantai Industries pay decent dividends?

How has Shantai Industries allocated its funds?

SIGN UP FOR FREE