Salona Cotspin Peer Comparison

NSE: SALONA | BSE: 590056

₹263.40

₹-2.65 (-1.00%)

As on 18-Sep-2026IST

Market cap

₹139 Cr

Revenue (TTM)

₹633 Cr

P/E Ratio

60.6

P/B Ratio

1.6

Div. Yield

0.2 %

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	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Market cap (₹ Cr)	139	3,485	2,919	2,673	1,669
Revenue (₹ Cr)	633	3,296	3,305	1,568	1,390
Net Profit (₹ Cr)	2.29	211.83	121.50	56.60	18.77
Net Margin (%)	0.36	6.42	3.67	3.57	1.34
RoE (%)	2.71	14.92	12.05	4.45	3.23
Price to Earnings	60.60	16.45	24.02	47.32	88.92
Price-To-Book	1.61	2.25	2.61	2.05	2.79

Income Statement (₹ Cr)

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Operating Revenue	593.82	3,213.87	3,234.53	1,481.66	1,489.00
Total Income	594.38	3,218.88	3,259.72	1,499.08	1,495.01
Total Expenditure	559.50	2,761.12	2,930.93	1,339.95	1,370.86
EBITDA	34.31	452.75	303.60	141.71	118.13
Depreciation	10.11	148.13	95.36	64.81	62.01
EBIT	24.20	304.62	208.24	76.90	56.12
Interest	19.97	70.86	113.95	40.32	42.77
Other Income	0.56	5.01	25.19	17.42	6.01
Exceptional Items	--	--	-6.64	--	--
Profit before Tax	4.79	238.76	112.84	53.95	19.36
Provision for Tax	3.23	61.21	30.23	15.74	7.73
Profit after Tax	1.56	177.55	82.61	38.21	11.64

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Shareholder's Funds	83.78	1,470.73	1,076.27	1,275.67	577.63
Minority Interest	--	--	--	--	--
Non-Current Liabilities	64.11	693.63	802.67	414.15	101.36
Current Liabilities	156.37	750.25	1,447.01	313.56	387.04
Total Liabilities	304.25	2,914.61	3,325.95	2,003.38	1,082.63

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Non-Current Assets	128.87	1,768.15	1,718.79	1,182.30	564.16
Current Assets	175.38	1,146.46	1,607.16	820.84	501.87
Total Assets	304.25	2,914.61	3,325.95	2,003.38	1,082.63
Total Debt*	189.65	1,124.50	1,275.94	495.61	185.08
Net Current Assets	19.01	396.21	160.15	507.28	114.83
Contingent Liabilities	1.96	132.71	89.20	65.16	11.35

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Cash From Operating Activities	79.27	410.52	268.71	170.70	108.08
Cash Flow from Investing Activities	-9.83	-286.70	-272.09	-158.16	-68.84
Cash from Financing Activities	-69.46	-127.94	17.23	-8.91	-28.12
Net Cash Inflow / Outflow	-0.02	-4.13	13.85	3.64	11.11

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
ROCE (%)	8.33	12.21	10.09	5.42	8.33
ROE (%)	1.88	12.76	7.93	3.20	2.34
ROA (%)	0.47	6.29	2.63	1.94	1.10
EBIT Margin (%)	5.87	14.24	10.17	10.74	8.34
Net Margin (%)	0.26	5.52	2.53	2.55	0.78
Cash Profit Margin (%)	1.97	10.13	5.50	6.94	4.95

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Revenue Growth (%)	-10.32	-2.78	13.22	1.09	9.63
EBIT Growth (%)	8.57	-3.63	26.45	-30.36	15.09
Net Profit Growth (%)	-50.16	1.21	159.78	-62.94	470.47
EPS Growth (%)	-50.16	1.21	159.75	-64.79	393.75
Book Value Growth (%)	1.45	12.17	6.90	14.45	36.52

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Price / Earnings	88.32	10.89	25.30	59.76	110.64
Price / Book Value	1.65	1.31	1.94	1.79	2.24
Dividend Yield (%)	0.23	0.87	0.48	0.41	0.00
EV/EBITDA	9.33	6.66	10.04	16.70	11.61
Market Cap (₹ Cr)	137.88	1,932.82	2,089.51	2,283.69	1,287.54

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Debt to Equity	2.26	0.76	1.19	0.39	0.32
Short term debt to equity ratio	1.47	0.27	0.43	0.10	0.14
Current Ratio	1.12	1.53	1.11	2.62	1.30
Quick Ratio	0.75	0.72	0.71	1.67	0.65
Interest Coverage	1.24	4.37	1.99	2.34	1.45

	Salona Cotspin	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Debtors to sales (%)	13.36	13.44	19.70	13.35	8.79
Asset Turnover	1.80	1.14	1.03	0.75	1.41
Receivable days	60.21	48.92	65.15	45.43	31.10
Inventory Days	38.23	69.00	65.59	80.32	57.01
Payable days	8.17	17.63	24.31	31.44	38.19
Cash Conversion Cycle	90.27	100.29	106.43	94.31	49.92

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.