Sri Nachammai Cotton Mills Ltd

Sri Nachammai Cotton Mills Ltd (SRINACHA) is a micro-cap Textiles company valued at ₹11 crore operating in Cotton/Blended on the NSE and BSE.

Recent price move

Sri Nachammai Cotton Mills Ltd last traded at ₹24.5, up 2.08% on the day.

Recent developments

On 2026-09-30, promoter holding increased by 0.10 percentage points to 55.70%, indicating no significant change in ownership. In the latest quarter, the company reported a net loss of ₹0 crore, contrasting with a net profit of ₹5 crore in the same quarter a year earlier.

Financial performance

The company's business is deteriorating, with annual revenue falling 6.7% and annual net profit worsening from a loss of ₹3 crore to ₹4 crore. The latest quarter shows a sharp reversal, with revenue declining 7.2% and net profit swinging from a profit of ₹5 crore to a loss of ₹0 crore.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 0.94 times book value.

Things to watch

The company has a high debt to equity ratio of 3.98, indicating significant leverage. The net profit margin has worsened to -5.9% from -4.6% in the prior year. The stock is 39.9% below its 52-week high, showing a sharp decline in price.

Where it stands

The company is struggling with declining revenue and worsening losses, with the latest quarter showing a reversal from profit to loss. The stock is significantly below its 52-week high, and the business is facing challenges with its debt levels and 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.