Salona Cotspin Ltd Stock Price Today (NSE: SALONA)

Salona Cotspin Ltd

291.90+3.70 (+1.28%)
Market Closed

Fundamental Score

...

Salona Cotspin Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Salona Cotspin Ltd share price today is 291.90, up +1.28% on NSE/BSE as of 18 June 2026. Salona Cotspin Ltd (SALONA) is a Small-cap company in the Other Textile Products sector with a market capitalisation of 155.10 (Cr). The 52-week high for SALONA share price is 320.00 and the 52-week low is 221.00. At a P/E ratio of 123.09x, SALONA is currently trading above its industry average P/E of 20.18x. The company has a Return on Equity (ROE) of 3.86% and a debt-to-equity ratio of 2.78.

Salona Cotspin Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
299.00
Low
261.75
Volume
1.4K
Change
-0.24%

Salona Cotspin Ltd share price chart: -0.24% return over the past month. 52-week high ₹320.00, 52-week low ₹221.00.

Salona Cotspin Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
289.75320.00282.05291.904.58K (Cr)
271.00290.00266.00288.2011.42K (Cr)
287.50287.50271.00277.701.06K (Cr)
277.00277.45268.00273.95494.00 (Cr)
270.15279.00267.00277.751.72K (Cr)
277.00281.80270.00276.70368.00 (Cr)
275.00282.00270.00278.50394.00 (Cr)
275.05289.00270.45275.15281.00 (Cr)
272.00282.30270.10275.85355.00 (Cr)
283.95283.95268.00282.30134.00 (Cr)

Salona Cotspin Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
271.00320.00266.00291.90+7.71%
273.00299.00266.00277.70+1.72%
268.30291.00260.00263.05-1.96%
259.70297.00246.65268.30+3.31%
244.00269.00240.00265.00+8.61%
257.00265.00221.00248.95-3.13%
269.00318.80246.10261.35-2.84%
271.70288.85258.80271.70+0.00%
258.70302.00242.00273.05+5.55%
236.35291.80234.01252.45+6.81%
255.95262.00223.00240.90-5.88%
262.90297.95243.05257.55-2.03%

AI Research Briefing

Powered by Gemini · 2026-04-09

Microcap textile play trading on technicals with stretched valuation and weak financials; avoid until fundamentals improve.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEConsolidation - 1M: -2.27%, 3M: 9.48%, 6M: 2.1%Expensive - P/E of 123.09x vs industry P/E of 20.18x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Salona Cotspin's investment rating was upgraded to Hold on March 23, 2026, reflecting improvements in technical indicators and valuation metrics amidst mixed financials. The stock closed up 1% on March 27, 2026, outperforming the Sensex, which declined by 1.46%.

CORE STORY (THE REAL GAME)

Salona Cotspin is a play on the growth of the Indian textile sector, specifically as a manufacturer of cotton yarn, knitted fabrics, and garments. The market seems to be pricing in a turnaround story based on technical upgrades, but the fundamentals remain weak.

Why Now
  • Technical upgrade to Hold
  • Formation of a Golden Cross
  • Promoter holding increased to 68.42% in Dec 2025 qtr
Potential Catalysts
  • Significant earnings beat
  • New order wins
  • Debt reduction
Key Risks
  • Microcap = liquidity risk
  • High debt/equity ratio of 2.78
  • Negative free cash flow of ₹-138.61 Cr
Institutional Activity

Promoters increased holdings to 68.42% in Dec 2025 qtr.

Macro Context

Indian textile sector projected to grow, but global headwinds exist.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-138.61 Cr

3–6 Month Outlook

A short-term rally is possible based on technicals, but long-term sustainability depends on significant improvement in earnings and debt reduction. Expect volatility.

Primary Thesis Risk

Inability to service debt due to weak profitability will lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.86%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

7.41%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

5.43%

Average operating profit margin over 5 years

Dividend Yield

0.37%

Annual dividend as % of current share price

Salona Cotspin Ltd Valuation Check

Poor

Price to Earnings (P/E)

123.09x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.18x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

67.09%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

0.28%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-51.14%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

2.84%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

40.31%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

21.75%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

21.75%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

2.78x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.16x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-138.61 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Salona Cotspin Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SALONA across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Consistent Growth Track Record (40.31% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (21.75% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (21.75% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (67.09%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

7 factors identified

Below-Average Return on Equity (3.86%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (7.41%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 123.09x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-51.14%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Elevated Debt Levels (D/E: 2.78)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (1.16x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-138.61 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Salona Cotspin Ltd vs Other Textile Products Peers

Peer Comparison - Other Textile Products

Compare Salona Cotspin Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
31.4/100
292
₹155.10
123.1
Average
3.86%
Poor
7.41%
Poor
2.8
Poor
21.75%
Excellent
40.31%
Excellent
0.37%
KPR Mill Ltd...
KPRMILL532889
55.7/100
938
₹35671.14
42.6
Average
17.04%
Good
19.84%
Good
0.1
Excellent
16.53%
Excellent
13.76%
Good
0.48%
Trident Ltd...
TRIDENT521064
36.3/100
25
₹14319.59
32.3
Average
8.23%
Poor
9.48%
Poor
0.3
Excellent
1.70%
Average
8.13%
Good
1.78%
33.5/100
140
₹13630.96
38.6
Average
13.66%
Average
14.41%
Average
0.6
Good
6.39%
Good
9.36%
Good
1.20%
39.8/100
596
₹12454.05
14.8
Average
8.95%
Poor
10.83%
Average
0.1
Excellent
8.16%
Good
7.76%
Good
1.16%
25.9/100
13
₹8296.92
-4.76%
Poor
-5.27%
Poor
2.38%
Average
0.00%
44.2/100
650
₹6880.68
33.7
Average
18.72%
Good
24.68%
Excellent
0.1
Excellent
10.71%
Good
10.07%
Good
1.15%
0/100
711
₹6827.10
86.2
Average
0.67%
Poor
2.87%
Poor
0.3
Excellent
0.00%
35.8/100
312
₹6354.49
38.6
Average
11.30%
Average
13.52%
Average
0.5
Good
9.94%
Good
14.82%
Good
0.62%
19.2/100
408
₹3950.09
28.6
Average
10.15%
Average
10.39%
Average
0.8
Good
0.00%
18.5/100
31
₹3327.69
47.7
Average
10.06%
Average
10.24%
Average
0.7
Good
21.67%
Excellent
0.80%
Average
0.00%

Salona Cotspin Ltd PE Ratio History

Historical price-to-earnings ratio for SALONA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202411.64₹278.3023.9x
FY 202333.39₹290.758.7x
FY 202237.60₹268.207.1x
FY 202111.78₹239.8020.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Salona Cotspin Ltd Dividend History

Annual cash dividends paid by SALONA — dividend yield 0.37%

Financial YearDividends Paid (₹ Cr)
FY 20240.63 Cr
FY 20230.63 Cr
FY 20220.53 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Salona Cotspin Ltd Quarterly Performance

Latest quarterly metrics for SALONA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

2.84%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-51.14%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

40.31%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

21.75%

Compounded annual net profit growth over 5 years

Salona Cotspin Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SALONA — calculated from daily price history

30RSI 14
Neutral — RSI 30

Momentum is balanced — neither overbought nor oversold.

SMA 50
276
▲ Price above SMA 50 — Short-term bullish
SMA 200
262
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Salona Cotspin Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Salona Cotspin Ltd (SALONA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Salona Cotspin Ltd

About SALONA (Salona Cotspin Ltd)

Salona Cotspin Ltd is a dynamic manufacturer carving its niche in the vibrant landscape of specialty textile production. We expertly spin innovation into every thread, crafting a d...iverse portfolio of high-quality yarns and knitted fabrics, designed to meet the evolving demands of the global textile market. From the softest cotton yarns to intricately patterned knitwear, Salona Cotspin Ltd is dedicated to providing materials that empower creativity and elevate textile products. Our commitment to excellence extends beyond mere production; we strive to be a reliable partner for businesses seeking premium textile solutions, ensuring consistency, quality, and timely delivery in every interaction. At Salona Cotspin Ltd, we pride ourselves on our comprehensive selection of specialized yarn products. We meticulously produce ring spun yarns renowned for their strength, open-end yarns celebrated for their affordability, and a wide array of blended yarns, each possessing unique properties tailored to specific end-use applications. Furthermore, we embrace sustainability by offering yarns crafted from organic, recycled, and contamination-free cotton, demonstrating our dedication to environmentally conscious practices. Our commitment to innovation is evident in our production of melange and slub yarns, providing our customers with the tools to create visually captivating and texturally rich fabrics. Beyond our exceptional yarn selection, Salona Cotspin Ltd expertly manufactures a wide spectrum of knitted fabrics. We offer an impressive array of styles, including versatile single jersey, intricate interlock knits, and comfortable fleece options. Our capabilities extend to include French terry, full jacquard, and mini jacquard fabrics, enabling us to cater to an extensive range of apparel and textile applications. Whether it's producing dyed fabrics in captivating colors or printing eye-catching designs, our skilled artisans infuse every fabric with precision and care, ensuring superior quality and aesthetic appeal. We serve customers seeking everything from fashionable knitwear to durable workwear and beyond.

Company Details

Symbol:SALONA
Industry:Other Textile Products
Sector:Other Textile Products

Key Leadership

Mr. Shyamlal Agarwala
Chairman, CEO & MD
Mr. Manoj Kumar Jhajharia
Joint MD & Executive Director
Mr. M. S. Selvaraj
CFO & General Manager of Accounts

SALONA Share Price: Frequently Asked Questions

What is the current share price of Salona Cotspin Ltd?

Salona Cotspin Ltd (SALONA) trades at ₹291.90 on NSE and BSE. Market cap ₹155.10 (Cr). Educational data only.

What is the P/E ratio of Salona Cotspin Ltd?

Salona Cotspin Ltd has a P/E of 123.09x vs industry average 20.18x.

What is the Bull Run score for Salona Cotspin Ltd?

Salona Cotspin Ltd has a Bull Run score of 31.4/100 based on 25+ financial parameters.

Does Salona Cotspin Ltd pay dividends?

Salona Cotspin Ltd has a dividend yield of 0.37%. Past dividends don't guarantee future payments.

What is the ROE of Salona Cotspin Ltd?

Salona Cotspin Ltd has ROE of 3.86%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Salona Cotspin Ltd?

Salona Cotspin Ltd has debt-to-equity of 2.78.

Is Salona Cotspin Ltd a good investment?

Bull Run gives Salona Cotspin Ltd a score of 31.4/100. This is not investment advice — consult a SEBI-registered advisor.