- Home
- All Stock List
- BSE
- Sanathan Textiles Ltd Share Price
383.10
-12.50 (-3.16%)
-
Outperforms Index
0%
Return (1Y)
Beaten BSE Consumer Discretionary by 7.21%
-
More Volatile
2.85%
Standard Deviation (1Y)
Higher than BSE Consumer Discretionary by 1.69%
-
Inconsistent Performer
3/5
Months
underperformed BSE Consumer Discretionary
-
AxisDirect View
No View
423
287
News & Announcements
-
Sanathan Textiles edges higher after ICRA revises rating outlook to 'positive'
08 - Apr - 2025 12:00 | 3 days ago
The agency has affirmed the company?s long-term and short-term rating at '[ICRA] A? and '[ICRA] A2+?, respectively.
ICRA stated that the ?positive? outlook on the rating reflects ICRA?s expectations that the revenues and profit margins of the Sanathan Group are likely to improve, going forward, led by the commercialisation of a new plant by the end of Q1 FY2026.
Post the completion of the ongoing expansion project in SPPL, the group?s capacity will double by the end of Q1 FY2026 and will help the company to further strengthen its operating profile on the back of better product mix and proximity to both raw material sources and consumption centres.
The management also expects the new plant to report better operating profit margins given the savings in freight (due to proximity to customers) and fuel costs (due to usage of rice husk).
SPPL?s ability to effectively and profitably ramp up the capacity would be a key rating monitorable. ICRA, however, notes STL?s established relationships with customers and suppliers, which will help the company in receiving regular and repeat orders and, in turn, sweat its assets at optimal capacity utilisation rates.
The rating continues to factor in the group?s position as one of the leading players in polyester yarn manufacturing in India and the extensive experience of its promoters in the industry. The ratings also derive strength from its diversified product portfolio, established distribution networkand location specific advantages owing to its proximity to raw material sources.
The rating alsoremains constrained by the susceptibility of the company?s profit margins to the cyclicality inherent in the textile sector and the volatility in crude oil linked raw material prices and realisations.
The rating is also constrained by the intense competition and the fragmented nature of the yarn industry, which exertspricing pressure. The company furtherremains exposed to forex risks as about 40% of the total debt contracted for the ongoing capex is denominated in foreign currency, which in addition to its raw material imports would keep the company a net forex buyer in the near-to-medium term.
Sanathan Textiles is mainly engaged in the manufacturing and exports of polyester yarn, cotton yarn and yarn for technical textile. The total installed capacity stood at 2,00,750 metric tonnes per annum (MTPA) for polyester yarn, 14,000 MTPA for cotton yarn and 9,000 MTPA for industrial drawn yarn as on 31 December 2024.
Powered by Capital Market - Live News
-
Sanathan Textiles has received credit ratings from ICRA reaffirming the rating while the outlook has been revised to positive.
Long term - Fund based - Term Loans (Rs. 35 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Long term - Fund based Limits (Rs. 160 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Short term -Non-fund based Limits (Rs. 715 crore) - [ICRA]A2+; reaffirmed
Total - Rs. 910 crore
Powered by Capital Market - Live News
-
Sanathan Textiles consolidated net profit declines 0.23% in the December 2024 quarter
11 - Feb - 2025 12:00 | 59 days ago
Net profit of Sanathan Textiles declined 0.23% to Rs 34.17 crore in the quarter ended December 2024 as against Rs 34.25 crore during the previous quarter ended December 2023. Sales declined 4.78% to Rs 743.13 crore in the quarter ended December 2024 as against Rs 780.41 crore during the previous quarter ended December 2023.
Particulars Quarter Ended Dec. 2024 Dec. 2023 % Var. Sales 743.13 780.41 -5 OPM % 7.87 7.75 - PBDT 58.69 55.89 5 PBT 47.00 44.69 5 NP 34.17 34.25 0 Powered by Capital Market - Live News
-
Sanathan Textiles has received credit ratings from ICRA reaffirming the rating while the outlook has been revised to positive.
Long term - Fund based - Term Loans (Rs. 35 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Long term - Fund based Limits (Rs. 160 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Short term -Non-fund based Limits (Rs. 715 crore) - [ICRA]A2+; reaffirmed
Total - Rs. 910 crore
Powered by Capital Market - Live News
-
Sanathan Textiles consolidated net profit declines 0.23% in the December 2024 quarter
11 - Feb - 2025 12:00 | 59 days ago
Net profit of Sanathan Textiles declined 0.23% to Rs 34.17 crore in the quarter ended December 2024 as against Rs 34.25 crore during the previous quarter ended December 2023. Sales declined 4.78% to Rs 743.13 crore in the quarter ended December 2024 as against Rs 780.41 crore during the previous quarter ended December 2023.
Particulars Quarter Ended Dec. 2024 Dec. 2023 % Var. Sales 743.13 780.41 -5 OPM % 7.87 7.75 - PBDT 58.69 55.89 5 PBT 47.00 44.69 5 NP 34.17 34.25 0 Powered by Capital Market - Live News
-
Sanathan Textiles to discuss results
67 days ago
-
Sanathan Textiles edges higher after ICRA revises rating outlook to 'positive'
08 - Apr - 2025 12:00 | 3 days ago
The agency has affirmed the company?s long-term and short-term rating at '[ICRA] A? and '[ICRA] A2+?, respectively.
ICRA stated that the ?positive? outlook on the rating reflects ICRA?s expectations that the revenues and profit margins of the Sanathan Group are likely to improve, going forward, led by the commercialisation of a new plant by the end of Q1 FY2026.
Post the completion of the ongoing expansion project in SPPL, the group?s capacity will double by the end of Q1 FY2026 and will help the company to further strengthen its operating profile on the back of better product mix and proximity to both raw material sources and consumption centres.
The management also expects the new plant to report better operating profit margins given the savings in freight (due to proximity to customers) and fuel costs (due to usage of rice husk).
SPPL?s ability to effectively and profitably ramp up the capacity would be a key rating monitorable. ICRA, however, notes STL?s established relationships with customers and suppliers, which will help the company in receiving regular and repeat orders and, in turn, sweat its assets at optimal capacity utilisation rates.
The rating continues to factor in the group?s position as one of the leading players in polyester yarn manufacturing in India and the extensive experience of its promoters in the industry. The ratings also derive strength from its diversified product portfolio, established distribution networkand location specific advantages owing to its proximity to raw material sources.
The rating alsoremains constrained by the susceptibility of the company?s profit margins to the cyclicality inherent in the textile sector and the volatility in crude oil linked raw material prices and realisations.
The rating is also constrained by the intense competition and the fragmented nature of the yarn industry, which exertspricing pressure. The company furtherremains exposed to forex risks as about 40% of the total debt contracted for the ongoing capex is denominated in foreign currency, which in addition to its raw material imports would keep the company a net forex buyer in the near-to-medium term.
Sanathan Textiles is mainly engaged in the manufacturing and exports of polyester yarn, cotton yarn and yarn for technical textile. The total installed capacity stood at 2,00,750 metric tonnes per annum (MTPA) for polyester yarn, 14,000 MTPA for cotton yarn and 9,000 MTPA for industrial drawn yarn as on 31 December 2024.
Powered by Capital Market - Live News
-
Sanathan Textiles has received credit ratings from ICRA reaffirming the rating while the outlook has been revised to positive.
Long term - Fund based - Term Loans (Rs. 35 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Long term - Fund based Limits (Rs. 160 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Short term -Non-fund based Limits (Rs. 715 crore) - [ICRA]A2+; reaffirmed
Total - Rs. 910 crore
Powered by Capital Market - Live News
-
Sanathan Textiles consolidated net profit declines 0.23% in the December 2024 quarter
11 - Feb - 2025 12:00 | 59 days ago
Net profit of Sanathan Textiles declined 0.23% to Rs 34.17 crore in the quarter ended December 2024 as against Rs 34.25 crore during the previous quarter ended December 2023. Sales declined 4.78% to Rs 743.13 crore in the quarter ended December 2024 as against Rs 780.41 crore during the previous quarter ended December 2023.
Particulars Quarter Ended Dec. 2024 Dec. 2023 % Var. Sales 743.13 780.41 -5 OPM % 7.87 7.75 - PBDT 58.69 55.89 5 PBT 47.00 44.69 5 NP 34.17 34.25 0 Powered by Capital Market - Live News
-
Sanathan Textiles to discuss results
67 days ago
-
Sanathan Textiles edges higher after ICRA revises rating outlook to 'positive'
08 - Apr - 2025 12:00 | 3 days ago
The agency has affirmed the company?s long-term and short-term rating at '[ICRA] A? and '[ICRA] A2+?, respectively.
ICRA stated that the ?positive? outlook on the rating reflects ICRA?s expectations that the revenues and profit margins of the Sanathan Group are likely to improve, going forward, led by the commercialisation of a new plant by the end of Q1 FY2026.
Post the completion of the ongoing expansion project in SPPL, the group?s capacity will double by the end of Q1 FY2026 and will help the company to further strengthen its operating profile on the back of better product mix and proximity to both raw material sources and consumption centres.
The management also expects the new plant to report better operating profit margins given the savings in freight (due to proximity to customers) and fuel costs (due to usage of rice husk).
SPPL?s ability to effectively and profitably ramp up the capacity would be a key rating monitorable. ICRA, however, notes STL?s established relationships with customers and suppliers, which will help the company in receiving regular and repeat orders and, in turn, sweat its assets at optimal capacity utilisation rates.
The rating continues to factor in the group?s position as one of the leading players in polyester yarn manufacturing in India and the extensive experience of its promoters in the industry. The ratings also derive strength from its diversified product portfolio, established distribution networkand location specific advantages owing to its proximity to raw material sources.
The rating alsoremains constrained by the susceptibility of the company?s profit margins to the cyclicality inherent in the textile sector and the volatility in crude oil linked raw material prices and realisations.
The rating is also constrained by the intense competition and the fragmented nature of the yarn industry, which exertspricing pressure. The company furtherremains exposed to forex risks as about 40% of the total debt contracted for the ongoing capex is denominated in foreign currency, which in addition to its raw material imports would keep the company a net forex buyer in the near-to-medium term.
Sanathan Textiles is mainly engaged in the manufacturing and exports of polyester yarn, cotton yarn and yarn for technical textile. The total installed capacity stood at 2,00,750 metric tonnes per annum (MTPA) for polyester yarn, 14,000 MTPA for cotton yarn and 9,000 MTPA for industrial drawn yarn as on 31 December 2024.
Powered by Capital Market - Live News
-
Sanathan Textiles has received credit ratings from ICRA reaffirming the rating while the outlook has been revised to positive.
Long term - Fund based - Term Loans (Rs. 35 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Long term - Fund based Limits (Rs. 160 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Short term -Non-fund based Limits (Rs. 715 crore) - [ICRA]A2+; reaffirmed
Total - Rs. 910 crore
Powered by Capital Market - Live News
-
Sanathan Textiles consolidated net profit declines 0.23% in the December 2024 quarter
11 - Feb - 2025 12:00 | 59 days ago
Net profit of Sanathan Textiles declined 0.23% to Rs 34.17 crore in the quarter ended December 2024 as against Rs 34.25 crore during the previous quarter ended December 2023. Sales declined 4.78% to Rs 743.13 crore in the quarter ended December 2024 as against Rs 780.41 crore during the previous quarter ended December 2023.
Particulars Quarter Ended Dec. 2024 Dec. 2023 % Var. Sales 743.13 780.41 -5 OPM % 7.87 7.75 - PBDT 58.69 55.89 5 PBT 47.00 44.69 5 NP 34.17 34.25 0 Powered by Capital Market - Live News
-
Sanathan Textiles has received credit ratings from ICRA reaffirming the rating while the outlook has been revised to positive.
Long term - Fund based - Term Loans (Rs. 35 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Long term - Fund based Limits (Rs. 160 crore) - [ICRA]A (Positive); reaffirmed. Outlook revised to Positive from Stable
Short term -Non-fund based Limits (Rs. 715 crore) - [ICRA]A2+; reaffirmed
Total - Rs. 910 crore
Powered by Capital Market - Live News
-
Sanathan Textiles consolidated net profit declines 0.23% in the December 2024 quarter
11 - Feb - 2025 12:00 | 59 days ago
Net profit of Sanathan Textiles declined 0.23% to Rs 34.17 crore in the quarter ended December 2024 as against Rs 34.25 crore during the previous quarter ended December 2023. Sales declined 4.78% to Rs 743.13 crore in the quarter ended December 2024 as against Rs 780.41 crore during the previous quarter ended December 2023.
Particulars Quarter Ended Dec. 2024 Dec. 2023 % Var. Sales 743.13 780.41 -5 OPM % 7.87 7.75 - PBDT 58.69 55.89 5 PBT 47.00 44.69 5 NP 34.17 34.25 0 Powered by Capital Market - Live News
-
Sanathan Textiles to discuss results
67 days ago
Stock Trivia
FII shareholding in Sanathan Textiles Ltd has increased by 42.65% since past 3 Months
MF shareholding in Sanathan Textiles Ltd has increased by 57.68% since past 3 Months
FII shareholding in Sanathan Textiles Ltd has increased by 42.65% since past 3 Months
MF shareholding in Sanathan Textiles Ltd has increased by 57.68% since past 3 Months
FII shareholding in Sanathan Textiles Ltd has increased by 42.65% since past 3 Months
MF shareholding in Sanathan Textiles Ltd has increased by 57.68% since past 3 Months
