Shine Fashions (India) Ltd
Shine Fashions (India) Ltd (SHINEFASH) last reported results for the quarter ended Mar 2026, with sales of ₹58 crore and net profit of ₹-2 crore. The stock last traded at ₹20.9, a market capitalisation of ₹56.2 crore, on a P/E of 6.67. Over the past 52 weeks the stock has ranged between ₹16.8 and ₹50.7. Figures are as of 6 Oct 2026 and are not real time.
Shine Fashions (India) Ltd share price and key metrics
- Current price
- ₹20.9
- Market cap
- ₹56.2 cr
- Stock P/E
- 6.67
- Book value
- ₹11.8
- ROE
- 30.6%
- ROCE
- 31.1%
- Dividend yield
- 0.00%
- 52w high / low
- 50.7/16.8
Metrics as of 6 Oct 2026. Not real time.
Track Shine Fashions (India) Ltd
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Shine Fashions (India) Ltd growth and returns
- 10 Years
- %
- 5 Years
- 71%
- 3 Years
- 69%
- TTM
- 25%
- 10 Years
- %
- 5 Years
- 105%
- 3 Years
- 112%
- TTM
- 21%
- 10 Years
- %
- 5 Years
- 19%
- 3 Years
- 33%
- 1 Year
- -57%
- 10 Years
- %
- 5 Years
- 32%
- 3 Years
- 37%
- Last Year
- 31%
Shine Fashions (India) Ltd quarterly results
In the quarter ended Mar 2026, sales were ₹58 cr, up 23.4% from ₹47 cr a year earlier. Net profit swung to a loss of ₹2 cr.
| ₹ crore | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 9 | 12 | 20 | 34 | 34 | 47 | 44 | 58 |
| Expenses | 9 | 11 | 18 | 31 | 30 | 42 | 37 | 53 |
| Operating profit | 0 | 1 | 2 | 3 | 4 | 5 | 7 | 5 |
| OPM % | 0.2% | 10% | 10% | 9% | 13% | 10% | 16% | 8% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 2 | 3 | 4 | 5 | 7 | -3 |
| Tax % | 25% | 25% | 25% | 25% | 25% | 25% | 25% | -22% |
| Net profit | 0 | 1 | 2 | 2 | 3 | 4 | 5 | -2 |
| EPS (₹) | 0.02 | 0.38 | 0.68 | 1.07 | 1.43 | 1.56 | 2.02 | -0.78 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Shine Fashions (India) Ltd annual results
| ₹ crore | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 7 | 13 | 21 | 54 | 82 | 102 |
| Operating profit | 0 | 1 | 1 | 5 | 9 | 12 |
| OPM % | 3.5% | 4.0% | 6% | 10% | 12% | 12% |
| Net profit | 0 | 0 | 1 | 4 | 7 | 3 |
| EPS (₹) | 0.10 | 0.18 | 0.39 | 1.75 | 2.90 | 1.09 |
TTM is the trailing twelve months to the most recent quarter.
Shine Fashions (India) Ltd balance sheet
| ₹ crore | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 2 | 13 |
| Reserves | 4 | 4 | 5 | 9 | 22 | 18 |
| Borrowings | 1 | 1 | 2 | 1 | 6 | 20 |
| Other liabilities | 0 | 1 | 4 | 14 | 29 | 62 |
| Total liabilities | 6 | 7 | 12 | 26 | 59 | 114 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 6 | 7 | 12 | 25 | 58 | 114 |
| Total assets | 6 | 7 | 12 | 26 | 59 | 114 |
As reported by the company. Total assets equal total liabilities by construction.
Shine Fashions (India) Ltd cash flow
| ₹ crore | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -2 | 0 | -1 | 1 | 2 | -24 |
| Cash from investing | 0 | -0 | -0 | -0 | -0 | 0 |
| Cash from financing | 2 | -0 | 1 | -1 | 11 | 19 |
| Net cash flow | 0 | 0 | 0 | -0 | 13 | -6 |
| Free cash flow | -2 | 0 | -1 | 1 | 2 | -24 |
| CFO / operating profit | -892% | 65% | -83% | 26% | 34% | -181% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Shine Fashions (India) Ltd operating ratios
| Per year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| ROCE % | — | 10% | 19% | 54% | 47% | 31% |
| Debtor days | 279 | 173 | 179 | 118 | 119 | 174 |
| Inventory days | 22 | 13 | 25 | 53 | 65 | 123 |
| Days payable | 15 | 32 | 73 | 100 | 140 | 229 |
| Cash conversion cycle | 285 | 154 | 131 | 72 | 44 | 68 |
| Working capital days | 260 | 151 | 108 | 69 | 47 | 86 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Shine Fashions (India) Ltd shareholding pattern
Promoters held 67.47% at Mar 2026, down from 71.47% at Mar 2025.
| % held | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Apr 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.47% | 71.47% | 71.47% | 71.47% | 68.53% | 65.20% | 65.20% | 67.47% |
| Public | 28.53% | 28.53% | 28.54% | 28.54% | 31.47% | 34.79% | 34.80% | 32.52% |
| No. of shareholders | 91 | 85 | 162 | 197 | 193 | 308 | 311 | 322 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Shine Fashions (India) Ltd corporate filings
- Compliance Certificate received from Cameo Corporate Services Limited, Registrar and Share Transfer Agent(RTA) for the Quarter ended September 30th, 2026 pursuant to Regulation 74(5) of ....Company Updatelow impact
- Shareholder approval secured for financial statements and director reappointment at Shine Fashions (India) Ltd. via electronic and physical voting processesAGM/EGMmedium impact
Cruxal's analysis: Shine Fashions (India) Ltd. announced that it successfully obtained shareholder approval…
Read the full analysis - Shine Fashions (India) Ltd. holds 7th AGM; no new financial disclosures or strategic updates providedAGM/EGMlow impact
Cruxal's analysis: The company conducted its 7th Annual General Meeting on September 30, 2026, with no new…
Read the full analysis - Intimation of Closure of Trading WindowInsider Trading / SASTlow impact
- Shine Fashions (India) Ltd announces newspaper publication for 7th Annual General MeetingCompany Updatelow impact
Cruxal's analysis: Shine Fashions (India) Ltd has published a newspaper advertisement regarding the notice…
Read the full analysis - Shine Fashions (India) Ltd releases Seventh Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Shine Fashions (India) Ltd has filed its Seventh Annual Report as per Regulation 34(1) of…
Read the full analysis - Shine Fashions (India) Limited Announces Seventh Annual General Meeting for September 30, 2026AGM/EGMlow impact
Cruxal's analysis: Shine Fashions (India) Limited has issued a notice for its Seventh Annual General Meeting…
Read the full analysis - Shine Fashions (India) Limited schedules Seventh Annual General Meeting for September 30, 2026Company Updatelow impact
Cruxal's analysis: Shine Fashions (India) Limited has formally announced its Seventh Annual General Meeting…
Read the full analysis - Shine Fashions (India) Limited Announces AGM Date and Procedural Board ApprovalsBoard Meetinglow impact
Cruxal's analysis: Shine Fashions (India) Limited has announced that its Annual General Meeting (AGM) will…
Read the full analysis - Shine Fashions (India) Ltd. prepone board meeting scheduled for September 4, 2026Company Updatelow impact
Cruxal's analysis: Shine Fashions (India) Ltd. has issued a corrigendum to its previous intimation…
Read the full analysis - Shine Fashions (India) Limited schedules Board Meeting for September 4, 2026, to approve FY 2025-26 Annual Report and convene AGMBoard Meetinglow impact
Cruxal's analysis: Shine Fashions (India) Limited has issued a formal intimation regarding a Board Meeting…
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