Shine Fashions (India) (BSE 543244)₹22.20−20.00%Other Textile Products
In the Mar 2026 quarter (consolidated), Shine Fashions (India) reported sales of ₹58.09 Cr, up 23.4% from Mar 2025, and net profit of −₹2.01 Cr, down 150.0% year on year. For the year to Mar 2026, sales were ₹102 Cr and net profit ₹3.01 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 12.02 | 20.03 | 34.08 | 34.05 | 47.09 | 44.07 | 58.09 |
| Expenses | 11.04 | 18.06 | 31.08 | 30.08 | 42.13 | 37.12 | 53.17 |
| Operating Profit | 0.99 | 1.99 | 2.99 | 3.99 | 4.98 | 6.97 | 4.98 |
| OPM % | 10.0% | 10.0% | 9.0% | 12.9% | 10.0% | 16.0% | 8.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −7.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.01 | 2.01 | 3.01 | 4.01 | 5.01 | 7.02 | −3.01 |
| Tax % | 25.0% | 25.0% | 24.9% | 25.0% | 25.0% | 24.9% | −22.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −7.53 |
| Net Profit | 1.01 | 2.01 | 2.01 | 3.01 | 4.02 | 5.02 | −2.01 |
| EPS (Rs) | 0.37 | 0.67 | 1.06 | 1.42 | 1.55 | 2.01 | −0.77 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 7.01 | 13.02 | 21.03 | 54.13 | 82.16 | 102 |
| Expenses | 7.02 | 12.03 | 20.07 | 49.13 | 72.22 | 90.28 |
| Operating Profit | 0.00 | 0.99 | 0.99 | 4.98 | 8.96 | 11.96 |
| OPM % | 3.5% | 4.0% | 6.0% | 10.0% | 11.9% | 11.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −7.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.00 | 1.01 | 1.01 | 5.02 | 9.02 | 4.01 |
| Tax % | 12.0% | 25.0% | 25.0% | 24.9% | 25.0% | 27.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −6.50 |
| Net Profit | 0.00 | 0.00 | 1.01 | 4.02 | 7.03 | 3.01 |
| EPS (Rs) | 0.09 | 0.17 | 0.38 | 1.74 | 2.89 | 1.08 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 0.99 | 0.99 | 0.99 | 1.99 | 12.98 |
| Reserves | 4.00 | 3.99 | 4.99 | 8.99 | 21.99 | 17.99 |
| Borrowings | 1.00 | 0.99 | 1.99 | 0.99 | 5.99 | 19.94 |
| Other Liabilities | −0.01 | 1.01 | 4.00 | 13.99 | 28.89 | 61.78 |
| Total Liabilities | 5.99 | 6.98 | 11.97 | 25.96 | 58.86 | 114 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 5.99 | 6.98 | 11.97 | 24.96 | 57.86 | 114 |
| Inventories | 0.38 | 0.43 | 1.26 | 6.87 | 12.27 | 28.61 |
| Trade receivables | 5.25 | 6.02 | 10.31 | 17.53 | 26.59 | 48.50 |
| Cash & equivalents | 0.03 | 0.08 | 0.11 | 0.08 | 12.99 | 7.44 |
| Total Assets | 5.99 | 6.98 | 11.97 | 25.96 | 58.86 | 114 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | −1.99 | — | −0.99 | 0.99 | 1.99 | −23.94 |
| Cash from investing activity | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing activity | 1.99 | — | 0.99 | −0.99 | 10.98 | 18.98 |
| Net cash flow | 0.00 | — | 0.00 | 0.00 | 13.04 | −6.01 |
| Capex | 0.00 | 0.16 | 0.00 | 0.04 | 0.03 | 0.01 |
| Free cash flow | −1.99 | — | −0.99 | 0.99 | 1.99 | −23.99 |
| CFO / OP % | −892.0% | — | −83.0% | 26.0% | 34.0% | −187.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 278 | 172 | 178 | 117 | 118 | 173 |
| Inventory days | 23 | 14 | 26 | 54 | 66 | 124 |
| Days payable | 15 | 32 | 73 | 100 | 140 | 229 |
| Cash conversion cycle | 284 | 153 | 130 | 71 | 43 | 67 |
| Working capital days | 261 | 152 | 109 | 70 | 48 | 87 |
| ROCE % | — | 10.1% | 19.1% | 54.1% | 47.1% | 30.1% |
For the Mar 2026 quarter, Shine Fashions (India) reported sales of ₹58.09 Cr, up 23.4% year on year and net profit of −₹2.01 Cr, down 150.0% year on year. The operating margin was 8.0%.
Shine Fashions (India)'s sales for the year to Mar 2026 were ₹102 Cr.
Net profit for the year to Mar 2026 was ₹3.01 Cr. Earnings per share over the same trailing period were ₹1.08.
Shine Fashions (India) reported borrowings of ₹19.94 Cr at Mar 2026, against cash and equivalents of ₹7.44 Cr.
Cash from operations was −₹23.94 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹23.99 Cr.