Synopsis:
Soma Textiles & Industries hit headlines after its promoters sold a 74.98% stake to Roadway Solutions India Infra Ltd, signaling a major ownership and strategic shift.
Engaged in textile manufacturing and fabric production, the company drew market attention as its stock hit the 5% upper circuit. Investors reacted after the promoter group entered a major share purchase agreement to sell a significant stake, signaling a potential change in ownership and strategic direction.
Soma Textiles & Industries Limited’s stock, with a market capitalisation of Rs. 290 crores, rose to Rs. 87.89, hitting the intraday upper circuit, up 5 percent from its previous closing price of Rs. 83.71. Furthermore, the stock over the past year has given a return of 87.5 percent.
Promoter Change
Surendra Kumar Somany, a promoter of Soma Textiles & Industries Limited, shared that he and other promoters signed a deal on July 9, 2025, to sell shares to Roadway Solutions India Infra Limited and two other buyers. The buyers will get around 2.47 crore shares, which is about 75% of the total company shares, for a price of Rs. 87.67 crore.
Surendra Kumar Somany, a promoter of Soma Textiles & Industries Limited, disclosed that the promoter group has entered into a Share Purchase Agreement with Roadway Solutions India Infra Ltd, Ameet Harjinder Gadhoke, and Teja Ranade Gadhoke (collectively, the buyers).
Also Read: Smallcap stock skyrockets 18% after company reports 273% YoY net profit growth
Q1 Financial Highlight
The company reported revenue of Rs. 2.05 crore in Q1FY26, rising 47% YoY from Rs. 1.39 crore in Q1FY25 but declining 47% QoQ from Rs. 3.87 crore in Q4FY25. Despite the short-term dip, the firm’s three-year sales CAGR stood at -13%, indicating past revenue contraction amid cyclical performance fluctuations.
Net profit jumped sharply to Rs. 3.63 crore in Q1FY26, recording a strong 203% YoY growth from Rs. 1.20 crore and a massive 1,413% QoQ increase from Rs. 0.24 crore in the previous quarter. Profitability reflects sustained efficiency gains, supported by a robust three-year profit CAGR of 25%.
Written By Fazal Ul Vahab C H
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