Sri Ramakrishna Mills (Coimbatore) Ltd

Sri Ramakrishna Mills (Coimbatore) Ltd (SRMCL) is a micro-cap Textiles company valued at ₹42 crore operating in Textile Products on the NSE and BSE.

Recent price move

Sri Ramakrishna Mills (Coimbatore) Ltd last traded at ₹60.5, modestly down 1.93% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹2 crore for the latest quarter, marking a turnaround from a net loss of ₹1 crore in the same quarter a year earlier. This indicates a recovery in profitability.

Financial performance

The company's business has improved significantly, with annual net profit rising 652.1% to ₹27 crore, while annual revenue grew 12.7% to ₹98 crore. However, the latest quarter showed a decline in revenue, falling 0.1% year-over-year, though net profit swung from a loss to a profit.

Valuation multiples

The stock trades at 1.6 times earnings, 0.82 times book value.

Things to watch

The stock is 9.0% below its 52-week high, and the latest quarter's revenue fell 0.1% year-over-year. The company's net profit margin has increased significantly, but the recent quarter's revenue decline raises concerns about short-term performance.

Where it stands

The company has shown strong growth in net profit over the past five years, with a 94.0% annualized increase, but the latest quarter's revenue decline highlights potential short-term challenges. The stock is currently 9.0% below its 52-week high.

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.