Synopsis: Shiva Texyarn Limited, a Textile Stock, reports 37.90% QoQ revenue growth and a 136.59% QoQ net profit surge in Q2 FY26 results.
This Textile Stock, engaged in manufacturing and marketing cotton yarn, coated and laminated fabrics, home textiles, and value-added textile products, hit 20 percent upper circuit after the company reported September quarterly results with a 136.59 percent QoQ increase in net profit.
With a market capitalization of Rs. 256.53 crores, the shares of Shiva Texyarn Limited hit a 20 percent upper circuit of Rs. 216.20 per share on Thursday, up from its previous closing price of Rs. 180.20 per share. Since then, the stock has retreated and is currently trading at Rs. 197.90 per equity share.
Q2 FY26 Result Walkthrough:
Coming into the quarterly results of Shiva Texyarn Limited, the company’s consolidated revenue from operations increased by 10.36 percent YOY, from Rs. 95.19 crore in Q2 FY25 to Rs. 105.05 crore in Q2 FY26, and grew by 37.90 percent QoQ from Rs. 76.18 crore in Q1 FY26.
In Q2 FY26, Shiva Texyarn Limited’s consolidated net profit increased by 110.11 percent YOY, reaching Rs. 5.82 crore compared to Rs. 2.77 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 136.59 percent, from Rs. 2.46 crore.
The basic earnings per share increased by 109.81 percent and stood at Rs. 4.49 as against Rs. 2.14 recorded in the same quarter in the previous year, FY2025.
In terms of return ratios, the company’s ROCE and ROE stand at 9.29 percent and 9.49 percent, respectively. Shiva Texyarn Limited has an earnings per share (EPS) of Rs. 12.5, and its debt-to-equity ratio is 0.72x.
Company Overview:
Shiva Texyarn Limited is an integrated textile company based in Coimbatore, Tamil Nadu, established in 1980. It operates as part of the Bannari Amman Group and specializes in manufacturing cotton yarn, technical textiles, and value-added textile products.
The company has a significant installed capacity with about 52,416 spindles for spinning and operates divisions for spinning, processing, lamination, coating, and garment manufacturing, allowing it to offer end-to-end textile solutions. The company is known for combining technological innovation with traditional textile manufacturing methods.
Products Portfolio:
The company’s product range includes cotton yarn and diverse technical textile products such as coated and laminated fabrics, home textiles, and digital canvas products. It serves various sectors, including home textiles, defense, medical, and digital imaging markets.
Shiva Texyarn manufactures garments under brands like Quick Dry, Quick Fit, and Q Club, and also offers defensive fabrics like NBC suits and extreme cold-weather clothing. Their coating division produces acrylic-coated products, PU coatings, art canvas, and digital canvas, reflecting their focus on value-added textiles.
Written By – Nikhil Naik
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