Source Industries (India) Ltd

Source Industries (India) Ltd (SOURCEIND) is a micro-cap Textiles company valued at ₹99 crore operating in Textile Processing on the NSE and BSE.

Recent price move

Source Industries (India) Ltd last traded at ₹86.95, modestly up 1.99% on the day.

Financial performance

The company's business has grown significantly, with annual revenue rising 285.7% year-over-year. However, the latest quarter's revenue and net profit remained at ₹0 crore, showing no improvement from the same quarter a year earlier. The net profit margin improved to 22.2% from 7.1% in the prior year, but return on equity and return on capital employed remain low at 2.8% and 2.6%, respectively.

Valuation multiples

The stock trades at 790.5 times earnings, 13.70 times book value.

Things to watch

The company has not reported any net profit in the latest quarter or the previous quarters, despite a sharp rise in revenue. The company also has high debtors of 1,413 days, which could indicate difficulties in collecting receivables. The stock is trading at its 52-week high, but the company has not generated any profit in the latest financial period.

Where it stands

Source Industries (India) Ltd has seen a sharp increase in revenue, but has not translated this into profit. The company's net profit remains at ₹0 crore, and its return on equity and return on capital employed are low. The stock is trading at its 52-week high, but the company's financial performance remains unprofitable.

Summarised by DocStoX's model on 2026-09-10 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.