Shine Fashions (India)Share price, financial results, shareholding and management
- Market cap
- ₹75 cr
- Stock P/E
- 24.8peers 13.1
- Book value
- ₹11.5
- Price to book
- 2.41
- EV / operating profit
- -
- Market cap to sales
- 0.73
- ROCE · FY26
- 12.3%
- ROE · FY26
- 10.9%
- ROE, 3-year average
- 33.7%
- Operating margin · FY26
- 12.0%peers 13.6%
- Sales growth, 3 years
- 69.2%
- Profit growth, 3 years
- 45.2%
- Debt to equity
- 0.65peers 0.57
- Borrowings
- ₹20 cr
- Interest cover
- 5.0×
- Cash from business / op. profit
- -200%
- Debtor days
- 174
- Pledged
- 0.00%
- Promoter holding
- 67.47%
- Change in promoter holding
- +2.27 pts
- Shareholders
- 322
- 52-week high / low
- ₹49 / ₹17
- Dividend yield
- 0.00%
- Face value
- ₹5
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.
Shine Fashions (India) share price chart
Close on 6 Nov 2026 · +18.09% on the day · Vol 4,000
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +32.8%
- 3 months
- +23.9%
- 6 months
- -9.8%
- 1 year
- -31.5%
- Traded a day, 20 days
- ₹0.03 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +25% | -57% |
| 3 years, a year | +69% | +45% |
| Latest half, H2 FY26 | +23% | -161% |
Shine Fashions (India) revenue and profit growth
Half-yearly results · Profit and lossSales have grown very fast. Last year profit fell even as sales rose, so the company kept less from each rupee of sales.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Shine Fashions (India) half-yearly results
SME companies report every six months · ₹ crore
| H1FY23 | H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 8.76 | 12.31 | 20.28 | 33.85 | 34.25 | 47.34 | 43.83 | 58.16 |
| Expenses | 8.74 | 11.05 | 18.20 | 30.67 | 29.84 | 42.41 | 36.86 | 53.16 |
| Operating profit | 0.02 | 1.26 | 2.08 | 3.18 | 4.41 | 4.92 | 6.97 | 5 |
| OPM | 0.2% | 10.2% | 10.3% | 9.4% | 12.9% | 10.4% | 15.9% | 8.0% |
| Interest | 0.04 | 0.04 | 0.02 | 0.01 | 0.01 | 0.03 | 0.28 | 1 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| Profit before tax | 0.08 | 1.23 | 2.06 | 3.20 | 4.40 | 4.95 | 6.73 | -2.92 |
| Net profit | 0.06 | 0.92 | 1.54 | 2.40 | 3.29 | 3.70 | 5.03 | -2.27 |
Shine Fashions (India) profit and loss
Full years to March, FY21 to FY26 · ₹ crore, consolidated where reported
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Sales | 7 | 13 | 21.07 | 54.13 | 81.58 | 102 |
| Expenses | 7 | 12 | 19.79 | 48.87 | 72.25 | 90 |
| Operating profit | 0 | 1 | 1.28 | 5.26 | 9.34 | 12 |
| OPM | 3.5% | 4.0% | 6.1% | 9.7% | 11.4% | 12.0% |
| Other income | 0 | 0 | 0.13 | 0.07 | 0.07 | -7 |
| Interest | 0 | 0 | 0.07 | 0.03 | 0.04 | 1 |
| Depreciation | 0 | 0 | 0.02 | 0.02 | 0.03 | 0 |
| Profit before tax | 0 | 1 | 1.31 | 5.27 | 9.34 | 4 |
| Tax rate | 12.0% | 100.0% | 25.2% | 25.2% | 25.2% | 25.0% |
| Net profit | 0 | 0 | 0.98 | 3.94 | 6.99 | 3 |
| EPS ₹ | 0.10 | 0.18 | 3.49 | 14.08 | 24.38 | 1.09 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% |
A tax rate above 60% or below zero (FY22) comes from tax charged on a small or negative profit, as reported.
Earnings per share before FY23 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
Shine Fashions (India) profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a moderate return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Operating margin | 3.5% | 4.0% | 6.1% | 9.7% | 11.4% | 12.0% |
| Tax rate | 12.0% | 100.0% | 25.2% | 25.2% | 25.2% | 25.0% |
| ROCE | · | 16.7% | 19.7% | 55.8% | 45.8% | 12.3% |
| ROE | · | 0.0% | 17.8% | 49.2% | 41.1% | 10.9% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% |
Shine Fashions (India) debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown fast. It borrowed much more last year. Its loans are smaller than its own money. Last year the business used more cash than it brought in. Customers take longer to pay than they did in FY24, which ties up more of the company's money in unpaid bills.
Bars below the line are cash going out.
Shine Fashions (India) balance sheet
At each 31 March · ₹ crore
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 2 | 13 |
| Reserves | 4 | 4 | 5 | 9 | 22 | 18 |
| Net worth | 5 | 5 | 6 | 10 | 24 | 31 |
| Borrowings | 1 | 1 | 2 | 1 | 6 | 20 |
| Other liabilities | 0 | 1 | 4 | 15 | 29 | 63 |
| Total liabilities | 6 | 7 | 12 | 26 | 59 | 114 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 6 | 7 | 12 | 26 | 59 | 114 |
Shine Fashions (India) cash flow
₹ crore
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Cash from operations | -2 | 0 | -1 | 1 | 2 | -24 |
| Cash from investing | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from financing | 2 | 0 | 1 | -1 | 11 | 19 |
| Net cash flow | 0 | 0 | 0 | 0 | 13 | -5 |
Working capital
Days
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Debtor days | 279 | 173 | 179 | 118 | 119 | 174 |
| Inventory days | 22 | 13 | 25 | 53 | 65 | 123 |
| Days payable | 15 | 32 | 73 | 100 | 140 | 229 |
| Cash conversion cycle | 285 | 154 | 131 | 72 | 44 | 68 |
| Working capital days | 260 | 151 | 108 | 69 | 47 | 86 |
Shine Fashions (India) peers and competitors
Listed SME companies in the same industryBy sales, Shine Fashions (India) is number 36 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.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Paramount Syntex | - | - | 122 | 14 | 19.0% | 0.77 |
| Neelam Linens and Garments (India) | 14 | 8.8 | 118 | 1.6 | 4.4% | 1.68 |
| Ashutosh Fibre | - | - | 117 | 16 | 26.0% | 0.92 |
| Fascinate Textiles | 136 | 9.0 | 116 | 15 | 21.0% | 0.84 |
| Silky Overseas | 43 | 6.4 | 108 | 6.8 | 12.2% | 0.42 |
| Shine Fashions (India) | 75 | 24.8 | 102 | 3 | 12.0% | 0.65 |
| Yajur Fibres | - | - | 101 | 8 | 15.0% | 0.28 |
| Piotex Industries | 14 | 21.1 | 90.2 | 0.7 | 0.6% | 0.00 |
| Fractal Industries | 170 | 13.1 | 90 | 13 | 19.0% | 0.16 |
| Gujarat Hy-Spin | 17 | 343.7 | 82.7 | 0.1 | 2.3% | 0.72 |
| Divyadhan Recycling Industries | 56 | 32.7 | 79.4 | 1.7 | 6.0% | 0.36 |
| Median of the 10 others | 43 | 13.1 | 104 | 7.4 | 13.6% | 0.57 |
Shine Fashions (India) shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company, a little less than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has grown a lot.
Shine Fashions (India) 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 23 | Mar 24 | Sep 24 | Mar 25 | Apr 25 | Sep 25 | Dec 25 | Mar 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.47% | 71.47% | 71.47% | 71.47% | 68.53% | 65.20% | 65.20% | 67.47% |
| Number of shareholders | 91 | 85 | 162 | 197 | 193 | 308 | 311 | 322 |
Shine Fashions (India) latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹58.2 cr (+23%), net profit -₹2.3 cr (-161%) on H2 FY25.
- Shareholding, 31 March 2026: promoters 65.20% to 67.47%.
Shine Fashions (India) announcements
4 on record, latest first; each opens the filing on the exchange
- Company UpdateCompliance Certificate received from Cameo Corporate Services Limited, Registrar and Share Transfer Agent(RTA) for the Quarter ended September 30th, 2026 pursuaPDF ↗
- AGM/EGMVoting Results of the Seventh Annual General Meeting along with the Scrutinizer''s ReportPDF ↗
- AGM/EGMProceedings of the Seventh Annual General Meeting of the Company held on 30.09.2026 at 12.30 p.m. at the registered office of the CompanyPDF ↗
- Insider Trading / SASTIntimation of Closure of Trading WindowPDF ↗
Shine Fashions (India) annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Shine Fashions (India) share split, bonus and dividends
From the corporate actions the company announces on the exchange
- Bonus issueBonus issue 7:1ex-date 25 July 2025
- DividendFinal Dividend - Rs. - 0.1250ex-date 4 July 2025
Checks we ran on Shine Fashions (India)'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.
- !For FY26 the exchange filing's profit lines do not add up as read, so the figures shown are from the results page instead.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (2,68,64,000 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 FY25 (₹24.38) and FY26 (₹1.09) 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, FY21 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Shine Fashions (India)
What does Shine Fashions (India) do?
Shine Fashions (India) is an SME company listed on BSE SME, in textiles & apparels.
What is the share price of Shine Fashions (India)?
₹27.8 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Shine Fashions (India)?
₹75 cr at the close on 6 Nov 2026, on 2,68,64,000 shares.
What is the P/E of Shine Fashions (India)?
24.8 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Shine Fashions (India)'s revenue and profit?
Revenue ₹102 cr and profit after tax ₹3 cr in FY26.
Who are the promoters of Shine Fashions (India)?
The promoter group; promoters held 67.47% at 31 March 2026.
What is Shine Fashions (India)'s website?
shinefashions.in
More SME companies like Shine Fashions (India)
Other listed SME companies in textiles & apparels, the closest in size first, each read from its own documents.
- Rachit PrintsRACHIT · BSE SME · Textiles & ApparelsMarket cap ₹78 cr
- Kiaasa RetailKIAASA · BSE SME · Textiles & ApparelsMarket cap ₹70 cr
- JAKHARIA FABRICJAKHARIA · NSE Emerge · Textiles & Apparels · listed 2018Market cap ₹68 cr
- Siddhi CotspinSIDDHICOTS · NSE Emerge · Textiles & Apparels · listed 2025Market cap ₹66 cr
- Kaytex FabricsKAYTEX · NSE Emerge · Textiles & Apparels · listed 2025Market cap ₹91 cr
- Signoria CreationSIGNORIA · NSE Emerge · Textiles & Apparels · listed 2024Market cap ₹57 cr
Built from 4 exchange announcements, 8 shareholding patterns and 6 years of reported results. Every figure carries its source; where the documents are silent, the page says so.