Gujarat Hy-SpinShare price, financial results, shareholding and management

BSE SME · GUJHYSPINTextiles & Apparels
gujarathyspin.com ↗Live price on BSE ↗ISIN INE578V01013 · Lot 5,000 shares · ₹49,350
₹9.87
+6.80% on the day
Close · 19 Oct 2026
Valuation
Market cap
₹17 cr
Stock P/E
330.6peers 19.1
Book value
₹11.4
Price to book
0.87
EV / operating profit
-
Market cap to sales
0.20
Returns and growth
ROCE · FY26
4.7%
ROE · FY26
0.3%
ROE, 3-year average
0.6%
Operating margin · FY26
2.3%peers 10.9%
Sales growth, 3 years
10.8%
Profit growth, 3 years
-50.0%
Safety
Debt to equity
0.72peers 0.28
Borrowings
₹13.8 cr
Interest cover
1.0×
Cash from business / op. profit
191%
Debtor days
23
Pledged
0.00%
Ownership and share
Promoter holding
64.89%
Change in promoter holding
0.00 pts
Shareholders
313
52-week high / low
₹19 / ₹6
Dividend yield
0.00%
Face value
₹10

Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.

newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.

Gujarat Hy-Spin share price chart

₹9.87-42.15% 1 year

Close on 19 Oct 2026 · +6.82% on the day · Vol 5,000

Daily prices to 19 Oct 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.

Share price returns

To the close of 19 Oct 2026

3 months
+9.7%
6 months
+30.9%
1 year
-42.1%
Traded a day, 20 days
₹0.01 cr

Business growth

Sales and net profit, from the reported results

SalesProfit
FY26 on FY25-11%-50%
3 years, a year+11%-
Latest half, H2 FY26-2%-10%

Gujarat Hy-Spin revenue and profit growth

Half-yearly results · Profit and loss

Sales have grown steadily. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.

Sales and net profit, every year, ₹ crore
SalesNet profit
-250255075100Sales, FY13: 1.9 ₹ cr1.9Net profit, FY13: 0.1 ₹ cr0.1FY13Sales, FY16: 51.8 ₹ cr51.8Net profit, FY16: 0 ₹ cr0FY16Sales, FY17: 51.9 ₹ cr51.9Net profit, FY17: 0.1 ₹ cr0.1FY17Sales, FY18: 54.3 ₹ cr54.3Net profit, FY18: 0.4 ₹ cr0.4FY18Sales, FY19: 63 ₹ cr63Net profit, FY19: 0.1 ₹ cr0.1FY19Sales, FY20: 47.4 ₹ cr47.4Net profit, FY20: 0.2 ₹ cr0.2FY20Sales, FY21: 49.8 ₹ cr49.8Net profit, FY21: 0.1 ₹ cr0.1FY21Sales, FY22: 69.5 ₹ cr69.5Net profit, FY22: 0.3 ₹ cr0.3FY22Sales, FY23: 60.8 ₹ cr60.8Net profit, FY23: -0.5 ₹ cr-0.5FY23Sales, FY24: 91.8 ₹ cr91.8Net profit, FY24: 0.2 ₹ cr0.2FY24Sales, FY25: 92.6 ₹ cr92.6Net profit, FY25: 0.1 ₹ cr0.1FY25Sales, FY26: 82.7 ₹ cr82.7Net profit, FY26: 0.1 ₹ cr0.1FY26
The latest halves, ₹ crore
SalesNet profit
-200204060Sales, H1FY23: 26.9 ₹ cr26.9Net profit, H1FY23: -0.5 ₹ cr-0.5H1FY23Sales, H2FY23: 33.9 ₹ cr33.9Net profit, H2FY23: -0.1 ₹ cr-0.1H2FY23Sales, H1FY24: 48.3 ₹ cr48.3Net profit, H1FY24: -1.2 ₹ cr-1.2H1FY24Sales, H2FY24: 43.4 ₹ cr43.4Net profit, H2FY24: 1.4 ₹ cr1.4H2FY24Sales, H1FY25: 45.4 ₹ cr45.4Net profit, H1FY25: -0.3 ₹ cr-0.3H1FY25Sales, H2FY25: 47.2 ₹ cr47.2Net profit, H2FY25: 0.4 ₹ cr0.4H2FY25Sales, H1FY26: 36.6 ₹ cr36.6Net profit, H1FY26: -0.3 ₹ cr-0.3H1FY26Sales, H2FY26: 46.1 ₹ cr46.1Net profit, H2FY26: 0.4 ₹ cr0.4H2FY26

SME companies report every six months. In the latest half, sales were lower than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.

Gujarat Hy-Spin half-yearly results

SME companies report every six months · ₹ crore

₹ crore · growth on the same half a year before
H1FY23H2FY23H1FY24H2FY24H1FY25H2FY25H1FY26H2FY26
Sales26.9133.8848.3443.4245.3747.1936.5946.13
Expenses27.1732.6649.5041.7145.3946.7836.1944.63
Operating profit-0.261.22-1.161.71-0.030.410.401.51
OPM-0.9%3.6%-2.4%3.9%-0.1%0.9%1.1%3.3%
Interest0.600.750.570.550.540.490.420.95
Depreciation0.941.370.930.930.810.820.770.85
Profit before tax-0.49-0.18-1.201.35-0.310.44-0.310.38
Net profit-0.47-0.07-1.191.36-0.300.39-0.300.35

Gujarat Hy-Spin profit and loss

Full years to March, FY13 to FY26 · ₹ crore, consolidated where reported

₹ crore
FY13FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Sales1.8951.7551.8854.3062.9547.4349.7769.4560.8091.7692.5682.72
Expenses1.8142.7443.2947.4656.7844.5247.8366.9659.8391.2192.1780.82
Operating profit0.089.018.596.846.172.911.942.490.960.550.391.90
OPM4.2%17.4%16.6%12.6%9.8%6.1%3.9%3.6%1.6%0.6%0.4%2.3%
Other income00.140.170.120.103.143.821.852.022.582.411.15
Interest02.613.152.622.883.133.071.751.351.121.031.37
Depreciation06.495.564.063.342.742.402.162.311.861.631.62
Profit before tax0.080.050.050.280.050.180.290.43-0.670.150.130.06
Tax rate-25.0%40.0%0.0%-42.9%-100.0%-27.8%58.6%32.6%19.9%-12.8%26.9%26.6%
Net profit0.090.040.050.400.090.230.110.29-0.540.170.100.05
EPS ₹0.360.020.030.240.050.140.070.17-0.320.100.060.03
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

A tax rate above 60% or below zero (FY13, FY18, FY19, FY20, FY24) comes from tax charged on a small or negative profit, as reported.

Earnings per share before FY16 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.

Gujarat Hy-Spin profitability

Margins and returns on capital

Last year the company kept about as much from each rupee of sales as the year before. It earns a low return on the money it uses.

Operating margin, every year

Per cent of sales kept before interest, depreciation and tax

0%5%10%15%20%FY13: 4.2%4.2%FY13FY16: 17.4%17.4%FY16FY17: 16.6%16.6%FY17FY18: 12.6%12.6%FY18FY19: 9.8%9.8%FY19FY20: 6.1%6.1%FY20FY21: 3.9%3.9%FY21FY22: 3.6%3.6%FY22FY23: 1.6%1.6%FY23FY24: 0.6%0.6%FY24FY25: 0.4%0.4%FY25FY26: 2.3%2.3%FY26
Per cent
FY13FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Operating margin4.2%17.4%16.6%12.6%9.8%6.1%3.9%3.6%1.6%0.6%0.4%2.3%
Tax rate-25.0%40.0%0.0%-42.9%-100.0%-27.8%58.6%32.6%19.9%-12.8%26.9%26.6%
ROCE·8.5%5.7%5.5%6.1%7.5%8.2%6.0%2.1%4.3%4.1%4.7%
ROE·0.4%0.3%2.1%0.5%1.2%0.6%1.5%-2.8%0.9%0.5%0.3%
Dividend payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Gujarat Hy-Spin debt and cash flow

Balance sheet · Cash flow · Working capital

The company's own money, its net worth, has grown. It borrowed much more last year. Its loans are smaller than its own money. Last year the business brought in more cash than it showed as profit. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers pay faster than they did in FY24, which frees up the company's money.

Its own money and its borrowings, ₹ crore
Net worthBorrowings
0204060Net worth, FY13: 4 ₹ cr4Borrowings, FY13: 0.4 ₹ cr0.4FY13Net worth, FY16: 17.4 ₹ cr17.4Borrowings, FY16: 40.6 ₹ cr40.6FY16Net worth, FY17: 18.6 ₹ cr18.6Borrowings, FY17: 36.6 ₹ cr36.6FY17Net worth, FY18: 18.7 ₹ cr18.7Borrowings, FY18: 31.1 ₹ cr31.1FY18Net worth, FY19: 18.8 ₹ cr18.8Borrowings, FY19: 27.9 ₹ cr27.9FY19Net worth, FY20: 19 ₹ cr19Borrowings, FY20: 22.9 ₹ cr22.9FY20Net worth, FY21: 19.1 ₹ cr19.1Borrowings, FY21: 20.8 ₹ cr20.8FY21Net worth, FY22: 19.4 ₹ cr19.4Borrowings, FY22: 13.9 ₹ cr13.9FY22Net worth, FY23: 18.9 ₹ cr18.9Borrowings, FY23: 11.3 ₹ cr11.3FY23Net worth, FY24: 19 ₹ cr19Borrowings, FY24: 9.7 ₹ cr9.7FY24Net worth, FY25: 19.1 ₹ cr19.1Borrowings, FY25: 8.9 ₹ cr8.9FY25Net worth, FY26: 19.2 ₹ cr19.2Borrowings, FY26: 13.8 ₹ cr13.8FY26
Cash from the business against net profit, ₹ crore
Cash from the businessNet profit
-5051015Net profit, FY13: 0.1 ₹ cr0.1FY13Net profit, FY16: 0 ₹ cr0FY16Cash from the business, FY17: 6.5 ₹ cr6.5Net profit, FY17: 0.1 ₹ cr0.1FY17Cash from the business, FY18: 7.5 ₹ cr7.5Net profit, FY18: 0.4 ₹ cr0.4FY18Cash from the business, FY19: 4.8 ₹ cr4.8Net profit, FY19: 0.1 ₹ cr0.1FY19Cash from the business, FY20: 8.3 ₹ cr8.3Net profit, FY20: 0.2 ₹ cr0.2FY20Cash from the business, FY21: 5.3 ₹ cr5.3Net profit, FY21: 0.1 ₹ cr0.1FY21Cash from the business, FY22: 10.1 ₹ cr10.1Net profit, FY22: 0.3 ₹ cr0.3FY22Cash from the business, FY23: 4.5 ₹ cr4.5Net profit, FY23: -0.5 ₹ cr-0.5FY23Cash from the business, FY24: 2.9 ₹ cr2.9Net profit, FY24: 0.2 ₹ cr0.2FY24Cash from the business, FY25: 3.3 ₹ cr3.3Net profit, FY25: 0.1 ₹ cr0.1FY25Cash from the business, FY26: 3.6 ₹ cr3.6Net profit, FY26: 0.1 ₹ cr0.1FY26

Bars below the line are cash going out.

Gujarat Hy-Spin balance sheet

At each 31 March · ₹ crore

₹ crore
FY13FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Equity capital2.5016.7516.7516.7516.7516.7516.7516.7516.7516.7516.7516.75
Reserves1.460.621.841.912.012.242.352.642.102.262.362.41
Net worth3.9617.3718.5918.6618.7618.9919.1019.3918.8519.0119.1119.16
Borrowings0.4040.6136.6131.1127.9222.9120.7913.8711.299.748.9113.80
Other liabilities0.703.641.635.166.3410.874.234.353.996.885.076.94
Total liabilities5.0661.6256.8354.9353.0252.7744.1237.6134.1335.6333.0939.90
Fixed assets0.0133.0127.6023.6220.3017.5615.1714.8313.5112.0211.0611.32
Capital work in progress2.980000000000.740.19
Investments000000000.100.0600
Other assets2.0728.6129.2331.3132.7235.2128.9522.7820.5223.5521.2928.39

Gujarat Hy-Spin cash flow

₹ crore

₹ crore
FY13FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Cash from operations··6.507.474.818.345.2910.114.522.883.273.63
Cash from investing··0.070.041.300.010.01-1.69-0.990-1.44-6.20
Cash from financing··-6.68-7.53-6.07-7.95-5.17-8.69-3.89-2.69-1.873.63
Net cash flow··-0.11-0.020.040.400.13-0.27-0.360.19-0.041.06

Working capital

Days

Days
FY13FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Debtor days09481991081281128243312623
Inventory days0111149115941431023376605375
Days payable·1913273426242417242032
Cash conversion cycle018721718716824519191101675965
Working capital days-1049448463730592729242413

Gujarat Hy-Spin peers and competitors

Listed SME companies in the same industry

By sales, Gujarat Hy-Spin is number 40 of the 62 listed SME companies in textiles & apparels.

Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.

CompanyMarket cap ₹ crP/ESales ₹ crProfit ₹ crOp. marginDebt/equity
Silky Overseas436.41086.812.2%0.42
Shine Fashions (India)5719.1102312.0%0.65
Yajur Fibres--101815.0%0.28
Piotex Industries1421.190.20.70.6%0.00
Fractal Industries17013.1901319.0%0.16
Gujarat Hy-Spin17330.682.70.12.3%0.72
Divyadhan Recycling Industries5632.779.41.76.0%0.36
Gajanand International14347.375.201.2%0.27
Paramount Dye Tec2612.373.82.110.1%0.25
JAKHARIA FABRIC7321.764.23.39.8%0.21
Panchatv Bharat399.756.9411.7%1.12
Median of the 10 others4319.184.73.210.9%0.28

Gujarat Hy-Spin shareholding pattern

Promoters, FIIs, DIIs, HNIs and small holders

The promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.

Promoters
64.89%
-0.03 pts since Sep 22
Foreign investors (FIIs)
0.00%
at Sep 25; not in the latest pattern
Number of shareholders
313
251 in Sep 22

Gujarat Hy-Spin shareholding pattern

Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.

Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
Promoters64.92%64.92%64.92%64.92%64.92%64.92%64.89%64.89%
Foreign investors (FIIs)0.66%0.66%0.66%0.66%0.66%1.43%0.00%-
Number of shareholders251205204189178212329313

Gujarat Hy-Spin latest news and announcements

Announcements · Documents · Corporate actions

What changed recently

Each half-year is set against the same half a year earlier

  • H2 FY26: sales ₹46.1 cr (-2%), net profit ₹0.4 cr (-10%) on H2 FY25.
  • Shareholding, 31 March 2026: promoters unchanged at 64.89%.

Gujarat Hy-Spin annual reports, earnings calls and documents

Every document links to its source; “read” marks those this page is built from

Gujarat Hy-Spin share split, bonus and dividends

From the corporate actions the company announces on the exchange

No share split, bonus issue or dividend is on record since listing.

Checks we ran on Gujarat Hy-Spin's data · 9

Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.

  • iThe shares traded on only 96 days in the past year, so the price, its range and the returns here rest on few trades.
  • ✓Balance sheet totals add up for FY25 and FY26.
  • ✓Market cap uses the share count in the latest shareholding pattern (1,67,50,000 shares).
  • ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
  • ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
  • ✓The two half-years of FY26 add up to the full-year sales.
  • !Earnings per share changes basis between FY13 (₹0.36) and FY16 (₹0.02) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
  • ✓Revenue and profit are reported for every year shown, FY13 to FY26.
  • iPrices run to the close on 9 Oct 2026, from the exchange's daily figures.

Questions people ask about Gujarat Hy-Spin

What does Gujarat Hy-Spin do?

Gujarat Hy-Spin is an SME company listed on BSE SME, in textiles & apparels.

What is the share price of Gujarat Hy-Spin?

₹9.9 at the close on 19 Oct 2026, from the exchange's daily figures.

What is the market cap of Gujarat Hy-Spin?

₹17 cr at the close on 19 Oct 2026, on 1,67,50,000 shares.

What is the P/E of Gujarat Hy-Spin?

330.6 times FY26 profit at the close on 19 Oct 2026 (our arithmetic).

What are Gujarat Hy-Spin's revenue and profit?

Revenue ₹83 cr and profit after tax ₹0 cr in FY26.

Who are the promoters of Gujarat Hy-Spin?

The promoter group; promoters held 64.89% at 31 March 2026.

What is Gujarat Hy-Spin's website?

www.gujarathyspin.com

More SME companies like Gujarat Hy-Spin

Other listed SME companies in textiles & apparels, the closest in size first, each read from its own documents.

Every listed SME company in Textiles & Apparels →

Built from 5 exchange announcements, 8 shareholding patterns and 12 years of reported results. Every figure carries its source; where the documents are silent, the page says so.