Sambandam Spinning Mills Limited

Sambandam Spinning Mills Limited (SAMBANDAM) is a micro-cap Textiles company valued at ₹43 crore operating in Other Textile Products on the NSE and BSE.

Recent price move

Sambandam Spinning Mills Limited last traded at ₹105, up 4.20% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹6 crore for the latest fiscal year, which is an improvement from the prior year loss of ₹7 crore. Promoter holding increased by 1.08 percentage points to 51.32% as of 2026-06-30.

Financial performance

The company's business is shrinking, with annual revenue falling 1.6% to ₹264 crore. The latest quarter saw revenue drop 6.1% year-on-year to ₹60 crore, while net profit remained at ₹0 crore, a decline of 22.4% from the same quarter a year earlier. The net profit margin improved slightly to -2.1% from -2.6% in the prior year, but the return on equity remains negative at -7.0%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 0.61 times book value.

Things to watch

The company has a high debt to equity ratio of 1.73, which increases financial risk. The latest quarter net profit remained at ₹0 crore, showing no improvement in profitability. The stock is 33.8% below its 52-week high, indicating a significant drop in value.

Where it stands

The company continues to report losses, with a net loss of ₹6 crore in the latest fiscal year. The stock is 33.8% below its 52-week high, and the debt to equity ratio remains high at 1.73. The latest quarter revenue fell 6.1% year-on-year to ₹60 crore.

Summarised by DocStoX's model on 2026-10-04 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.