Piotex Industries Ltd

Piotex Industries Ltd (PIOTEX) is a micro-cap Textiles company valued at ₹14 crore operating in Cotton/Blended on the NSE and BSE.

Recent price move

Piotex Industries Ltd last traded at ₹27.35, unchanged on the day.

Financial performance

The company's business has deteriorated, with annual revenue falling 32.9% and annual net profit plunging 80.4%. The latest quarter shows a sharp decline, with revenue down 65.7% and net profit dropping 66.5% compared to the same quarter a year earlier. Margins have also contracted, with the net profit margin falling 1.8 percentage points to 0.7%.

Valuation multiples

The stock trades at 21.2 times earnings, 0.61 times book value.

Things to watch

The company's net profit margin has narrowed significantly, and net profit has fallen sharply in both annual and quarterly terms. The stock is 63.0% below its 52-week high, and the company's profit has declined by over 80% in the past year. The return on equity is very low at 2.5%, indicating poor profitability.

Where it stands

Piotex Industries Ltd has seen a steep decline in both revenue and net profit, with the latest quarter showing a sharp drop compared to the same period a year earlier. The company's net profit margin has also fallen, and the stock is significantly below its 52-week high. The return on equity remains very low, highlighting the company's weak profitability.

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.