Ashnoor Textile Mills Ltd

Ashnoor Textile Mills Ltd (ASHNOOR) is a micro-cap Textiles company valued at ₹80 crore operating in Textile Products on the NSE and BSE.

Recent price move

Ashnoor Textile Mills Ltd last traded at ₹50.5, modestly down 0.02% on the day.

Recent developments

2026-06-30: The company reported a net profit of ₹10 crore for the latest quarter, up 113.6% from ₹5 crore in the same quarter a year earlier, indicating a strong recovery in profitability despite a decline in revenue.

Financial performance

The company's business has declined over the past year, with revenue falling 36.3% and net profit dropping 46.9%. However, the latest quarter shows a significant improvement, with net profit rising 113.6% compared to the same quarter a year earlier, while revenue fell 14.2%.

Valuation multiples

The stock trades at 9.5 times earnings, 0.82 times book value.

Things to watch

The company's net profit margin has narrowed by 1.5 percentage points to 7.5%, and annual net profit has declined 46.9%. Additionally, the stock is 6.5% below its 52-week high, and the business has seen a 36.3% drop in annual revenue.

Where it stands

Ashnoor Textile Mills Ltd has faced a sharp decline in annual revenue and net profit, but the latest quarter shows a notable rebound in net profit. The stock is currently 6.5% below its 52-week high, and the net profit margin has narrowed to 7.5%.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.