Shine Fashion (India) Ltd.

SHINEFASH

₹378.0

3.28% (12.0)

Market Cap

₹117 Cr.

P/E

16.80

About

Shine Fashions (India) Limited was incorporated on September 11, 1019. The company is engaged in the business of import and trading of various types of fabrics and textile raw materials. The company t… Read more

Shine Fashions (India) Limited was incorporated on September 11, 1019. The company is engaged … Read more

Low

169

52W Range

High

449

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

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In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	—	—	—	—	—	0.04	0.19	0.18	0.20	0.22
Shareholders Funds	—	—	—	—	—	5.00	5.40	6.28	10.19	23.29
Profit & Loss
Operating Profit	—	—	—	—	—	0.24	0.51	1.28	5.28	9.34
Net Sales	—	—	—	—	—	6.88	12.75	21.07	54.13	81.58
Cash flow
Cash from Operating Activity	—	—	—	—	—	-2.24	0.27	-1.19	1.08	1.92
Net Capex (est)	—	—	—	—	—	—	0.17	0.01	0.05	0.04
Ratios
ROCE (%)	—	—	—	—	—	5.61	10.96	21.12	50.59	—
ROE (%)	—	—	—	—	—	4.59	7.37	14.06	38.36	—

Forensics

8 Yes

Positive for this company

2 Neutral

Neutral for this company

5 No

Negative for this company

2 No Data

Insufficient data to analyse

Accounting & Shareholding

Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Contingent Liabilities

Unable to calculate due to limited data

Price & Performance

Capex vs ROCE

Company has maintained it roce despite making significant capex
ROE

Net profit margin is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Debt

Company should not have issues servicing its debt
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong
Sales Growth

Unable to calculate due to limited data

Revenue mix

Product Wise Break-Up

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Shine Fashion (I)	378	16.8	117	71.47	—	50.59	38.36
Cravatex	429.95	23.01	111	75	19.42	6.47	4.89
Silkflex Polymers	96	15.92	111	69.89	—	52.34	32.05
Fervent Synergies	21.05	36.63	108	71.71	-63.66	-42	-42.28
Rajnish Retail	7.01	103.91	110	25.36	459.3	0.74	0.53
Rishiroop	116.6	10.1	108	73.44	-5.14	22.06	19.63
Narbada Gems & Jewel	53.5	22.8	111	74.99	138.02	17.32	10.24
TCI Industries	1,212.5	0.00	109	69.5	128.96	-7.21	-8.34

Corporate Actions

Consolidated Split

DATE

DETAILS

2021, Nov 15

Split 5 shares held will now become 10. New number of shares should be credited and listed within 1 day after the ex-date.

FAQs on Shine Fashion (India) Ltd. Business

What does Shine Fashion (I) do?

Shine Fashions (India) Limited, established in 2019, specializes in importing and trading a wide range of fabrics and textile raw materials after acquiring business from AM FABRICS.

Who are the competitors of Shine Fashion (I)?

Shine Fashion (I) major competitors are Cravatex, Silkflex Polymers, Fervent Synergies, Rajnish Retail, Rishiroop, Narbada Gems & Jewel, TCI Industries.
Market Cap of Shine Fashion (I) is ₹117 Crs.
While the median market cap of its peers are ₹110 Crs.

Is Shine Fashion (I) financially stable compared to its competitors?

Shine Fashion (I) seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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Raw Material

Shine Fashion (India) Ltd.

Shine Fashion (India) Ltd.

About

Timeline

Company Timeline

8 Yes

2 Neutral

5 No

2 No Data

Accounting & Shareholding

Depreciation Effect

Other Income

Pledge

Revenue Recognition

Promoter Holding

Retail Holding

Contingent Liabilities

Price & Performance

Capex vs ROCE

ROE

Working Capital

Debt

Balance Sheet Strength

Current vs Historic Valuation

Share price

Margin Stability

ROCE Strength

Sales Growth

Product Wise Break-Up

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What does Shine Fashion (I) do?

Who are the competitors of Shine Fashion (I)?

Is Shine Fashion (I) financially stable compared to its competitors?

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