Akshar Spintex
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Financials
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Cashflow
This data is currently unavailable for this company.
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Revenue mix
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Revenue Mix
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Revenue Mix
This data is currently unavailable for this company.
Forensics
Recent events
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News
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Corporate Actions
March 7 (Reuters) - Akshar Spintex Ltd AKSA.NS:
AMIT VALLABHBHAI GADHIYA RESIGNS AS MANAGING DIRECTOR
Further company coverage: AKSA.NS
(([email protected];;))
March 7 (Reuters) - Akshar Spintex Ltd AKSA.NS:
AMIT VALLABHBHAI GADHIYA RESIGNS AS MANAGING DIRECTOR
Further company coverage: AKSA.NS
(([email protected];;))
Dec 9 (Reuters) - Akshar Spintex Ltd AKSA.NS:
HAVE TAKEN ACTION ON SEBI ORDER; PAID LEVIED PENALTY TO SEBI
NO ADVERSE EFFECT ON COMPANY BY ORDER OF SEBI
Source text: ID:nBSE3Cb8PR
Further company coverage: AKSA.NS
(([email protected];))
Dec 9 (Reuters) - Akshar Spintex Ltd AKSA.NS:
HAVE TAKEN ACTION ON SEBI ORDER; PAID LEVIED PENALTY TO SEBI
NO ADVERSE EFFECT ON COMPANY BY ORDER OF SEBI
Source text: ID:nBSE3Cb8PR
Further company coverage: AKSA.NS
(([email protected];))
Aug 30 (Reuters) - Akshar Spintex Ltd AKSA.NS:
AKSHAR SPINTEX - CLOSURE OF JAMNAGAR UNIT BECAUSE OF DAMAGE IN AIR DUCT DUE TO HEAVY RAIN
Further company coverage: AKSA.NS
(([email protected];))
Aug 30 (Reuters) - Akshar Spintex Ltd AKSA.NS:
AKSHAR SPINTEX - CLOSURE OF JAMNAGAR UNIT BECAUSE OF DAMAGE IN AIR DUCT DUE TO HEAVY RAIN
Further company coverage: AKSA.NS
(([email protected];))
April 30 (Reuters) - Akshar Spintex Ltd AKSA.NS:
APPROVED THE DRAFT LETTER OF OFFER FOR PROPOSED RIGHT ISSUE OF SHARES
Further company coverage: AKSA.NS
(([email protected];))
April 30 (Reuters) - Akshar Spintex Ltd AKSA.NS:
APPROVED THE DRAFT LETTER OF OFFER FOR PROPOSED RIGHT ISSUE OF SHARES
Further company coverage: AKSA.NS
(([email protected];))
April 12 (Reuters) - Akshar Spintex Ltd AKSA.NS:
APPROVED RAISING OF FUNDS UP TO 490 MILLION RUPEES
APPROVED RAISING OF FUNDS THROUGH ISSUANCE OF SHARES WORTH UPTO 490 MILLION RUPEES
Further company coverage: AKSA.NS
(([email protected];))
April 12 (Reuters) - Akshar Spintex Ltd AKSA.NS:
APPROVED RAISING OF FUNDS UP TO 490 MILLION RUPEES
APPROVED RAISING OF FUNDS THROUGH ISSUANCE OF SHARES WORTH UPTO 490 MILLION RUPEES
Further company coverage: AKSA.NS
(([email protected];))
Akshar Spintex Ltd AKSA.NS:
AKSHAR SPINTEX LTD- TO CONSIDER AND APPROVE FUND RAISING
Source text for Eikon: ID:nNSE1B10Ny
Further company coverage: AKSA.NS
Akshar Spintex Ltd AKSA.NS:
AKSHAR SPINTEX LTD- TO CONSIDER AND APPROVE FUND RAISING
Source text for Eikon: ID:nNSE1B10Ny
Further company coverage: AKSA.NS
Feb 26 (Reuters) - Akshar Spintex Ltd AKSA.NS:
AKSHAR SPINTEX LTD - NAMES POONAM KAPUPARA AS CFO
Source text for Eikon: ID:nNSE31l4Xh
Further company coverage: AKSA.NS
(([email protected];))
Feb 26 (Reuters) - Akshar Spintex Ltd AKSA.NS:
AKSHAR SPINTEX LTD - NAMES POONAM KAPUPARA AS CFO
Source text for Eikon: ID:nNSE31l4Xh
Further company coverage: AKSA.NS
(([email protected];))
Dec 22 (Reuters) - Akshar Spintex Ltd AKSA.NS:
APPROVED AND RECOMMENDED ISSUE OF BONUS SHARES
TO CONSIDER AND RECOMMENDED A BONUS ISSUE IN THE RATIO OF 1:5
Source text for Eikon: [ID:]
Further company coverage: AKSA.NS
(([email protected];))
Dec 22 (Reuters) - Akshar Spintex Ltd AKSA.NS:
APPROVED AND RECOMMENDED ISSUE OF BONUS SHARES
TO CONSIDER AND RECOMMENDED A BONUS ISSUE IN THE RATIO OF 1:5
Source text for Eikon: [ID:]
Further company coverage: AKSA.NS
(([email protected];))
Nov 28 (Reuters) - Akshar Spintex Ltd AKSA.NS:
TO CONSIDER BONUS ISSUE
TO CONSIDER BUYBACK OF SHARES
Further company coverage: AKSA.NS
(([email protected];))
Nov 28 (Reuters) - Akshar Spintex Ltd AKSA.NS:
TO CONSIDER BONUS ISSUE
TO CONSIDER BUYBACK OF SHARES
Further company coverage: AKSA.NS
(([email protected];))
Aug 25 (Reuters) - Akshar Spintex Ltd AKSA.NS:
RE-APPOINTS AMIT VALLABHBHAI GADHIYA AS MD
RE-APPOINTS HARIKRUSHNA SHAMIJIBHAI CHAUHAN AS CHAIRMAN
Source text for Eikon: ID:nBSE262rWR
Further company coverage: AKSA.NS
(([email protected];))
Aug 25 (Reuters) - Akshar Spintex Ltd AKSA.NS:
RE-APPOINTS AMIT VALLABHBHAI GADHIYA AS MD
RE-APPOINTS HARIKRUSHNA SHAMIJIBHAI CHAUHAN AS CHAIRMAN
Source text for Eikon: ID:nBSE262rWR
Further company coverage: AKSA.NS
(([email protected];))
May 1 (Reuters) - Akshar Spintex Ltd AKSA.NS:
CFO JAGDISH D. OTRADI RESIGNS
Source text for Eikon: [ID:]
Further company coverage: AKSA.NS
(([email protected];))
May 1 (Reuters) - Akshar Spintex Ltd AKSA.NS:
CFO JAGDISH D. OTRADI RESIGNS
Source text for Eikon: [ID:]
Further company coverage: AKSA.NS
(([email protected];))
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Popular questions
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What does Akshar Spintex do?
Akshar Spintex Limited specializes in manufacturing 100% cotton yarn such as combed, semi-combed, and carded yarn. Their operations cover manufacturing, marketing of raw cotton, cotton bales, seeds, yarn, and by-products.
Who are the competitors of Akshar Spintex?
Akshar Spintex major competitors are Anjani Synthetics, Felix Global Venture, Mohit Industries, Tusaldah, Subhash Silk Mills, Swasti Vinayaka Syn., Vivaa Tradecom. Market Cap of Akshar Spintex is ₹34 Crs. While the median market cap of its peers are ₹35 Crs.
Is Akshar Spintex financially stable compared to its competitors?
Akshar Spintex seems to be less financially stable compared to its competitors. Altman Z score of Akshar Spintex is 2.59 and is ranked 7 out of its 8 competitors.
Does Akshar Spintex pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Akshar Spintex latest dividend payout ratio is 8.68% and 3yr average dividend payout ratio is 8.68%
How has Akshar Spintex allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Akshar Spintex balance sheet?
Balance sheet of Akshar Spintex is moderately strong.
Is the profitablity of Akshar Spintex improving?
No, profit is decreasing. The profit of Akshar Spintex is -₹7.39 Crs for TTM, -₹4.45 Crs for Mar 2025 and ₹3.46 Crs for Mar 2024.
Is the debt of Akshar Spintex increasing or decreasing?
Yes, The net debt of Akshar Spintex is increasing. Latest net debt of Akshar Spintex is ₹3.57 Crs as of Mar-26. This is greater than Mar-25 when it was ₹0.38 Crs.
Is Akshar Spintex stock expensive?
Akshar Spintex is not expensive. Latest PE of Akshar Spintex is 0, while 3 year average PE is 28.41. Also latest EV/EBITDA of Akshar Spintex is 0.0 while 3yr average is 53.5.
Has the share price of Akshar Spintex grown faster than its competition?
Akshar Spintex has given lower returns compared to its competitors. Akshar Spintex has grown at ~-48.07% over the last 2yrs while peers have grown at a median rate of -8.15%
Is the promoter bullish about Akshar Spintex?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Akshar Spintex is 0.27% and last quarter promoter holding is 0.27%.
Are mutual funds buying/selling Akshar Spintex?
There is Insufficient data to gauge this.