Shiva Texyarn Limited Share Price and Company Fundamentals



Price
₹130.6
Change
-2.550 (-1.915%)
52 week
130.0 - 321.75

Last traded: Today at 9:59 AM

Shiva Texyarn Limited manufactures and markets cotton yarn, and technical and other value-added textile products in India and internationally. It offers combed, carded, and compact yarns; slub and fancy yarns; quick dry products; quick fit products, including mattress protectors; and baby products under the Q-Club brand. The company also provides door, window, and shower curtains, as well as cushion covers; knitwear, light weight shells, seam sealed, multi layered, fleece and pile fabrics, and breathable film laminated garments; and extreme cold weather clothing, super high altitude mountaineering clothing, extreme cold weather combat glove systems, and internal and external frame rucksacks. In addition, it offers bedding range, such as sheets, duvet covets, and fleece blankets; kitchen articles comprising aprons, pot holders, and table cloths; bath, wipe, and swimming towels; acrylic coated, PU coating products, and art canvas and digital canvas products; and bags, such as sports and school bags, and girls and professional bags for camping and photography under the WULF name. The company was incorporated in 1980 and is based in Coimbatore, India. Shiva Texyarn Limited is a subsidiary of Vedanayagam Hospital Limited.

Key Metrics

PE ratio

50.97

PB ratio

1.24

Dividend yield

1.05%

Beta

0.46

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Textile Manufacturing / Consumer Cyclical
Full time employees 1743
Website https://www.shivatex.in
Mailing address Sri Vari Kikani Center 3A, 3rd Floor Krishnaswamy Mudaliar Road R.S. Puram Coimbatore 641002 India
Phone / Fax 91 42 2254 4955 / 91 42 2254 4755

Dividends

Dividend yield

1.05%

Dividend amount

₹1.40

Payout ratio

9.89%

Shiva Texyarn Limited paid ₹1.40 dividend and the ex-dividend date was 02 Sept 2022.The dividend payout ratio is 9.89%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SHIVATEX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

SHIVATEX's forward dividend amount is ₹1.4 and the forward dividend yield is 1.06%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Shiva Texyarn Limited.

Name Title Age Total Pay
Dr. Sangampalyam Kandasami Sundararaman MBA MD & Exec. Director 48
Mr. C. Krishnakumar Chief Financial Officer 43
Mr. R. Srinivasan Company Sec. & Compliance Officer 47
K. Venurajagopal Gen. Mang. of HR & Admin. 56
Rajesh Kumar Singh Head of Modern Trade Sales 43
J. K. Mishra Bus. Head of North 49
Mr. A. Balamurali Internal Auditor
V. K. Manoharan Gen. Mang. of Production 43

Profitability and management effectiveness

Profit margin

0.67%

Operating margin

4.23%

Return on assets

3.99%

Return on equity

2.45%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Shiva Texyarn Limited is and its enterprise value is .

The SHIVATEX's stocks Beta value is 0.46 making it 54% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Shiva Texyarn Limited (NSE:SHIVATEX) Frequently Asked Questions

1. What is Shiva Texyarn Limited's Stock Symbol?

Shiva Texyarn Limited trades on NSE under the ticker symbol "SHIVATEX".

2. What is Shiva Texyarn Limited's stock price today?

One share of SHIVATEX stock can currently be purchased for approximately ₹130.6.

3. How can I contact Shiva Texyarn Limited?

Shiva Texyarn Limited's mailing address is Sri Vari Kikani Center 3A, 3rd Floor Krishnaswamy Mudaliar Road R.S. Puram Coimbatore 641002 India. The company can be reached via phone at 91 42 2254 4955.

4. What is Shiva Texyarn Limited's official website?

The official website of Shiva Texyarn Limited is https://www.shivatex.in.