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Shiva Texyarn Limited (SHIVATEX) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹2.0B

ST Shiva Texyarn Limited SHIVATEX · NSE
Price₹161.88
Fair Value₹173.32
Upside+7.1%
Quality64/100
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Weak Growth
Thin margins · 3.0% net margin
Low debt · generates free cash flow
0.41% dividend yield
Ranks above peers (9/14)
Narrow moat 25/100
Evidence: High Range ₹129.99 – ₹216.65 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 4 days ago

Share price +9.2% over the past month.

A solid business, currently priced close to our fair value.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ₹129.99 (bear) to ₹216.65 (bull), base ₹173.32. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 64/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹292.41 ₹108.62 Fair Value ₹173.32 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹108.62 – ₹292.41 · fair‑value band ₹129.99 – ₹216.65 · the ₹161.88 price screens below the ₹173.32 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Shiva Texyarn Limited (SHIVATEX) currently trades at ₹161.88, while our model-based Fair Value estimate is ₹173.32, implying the stock looks roughly 7.1% fairly valued today. The Quality Score stands at 64/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Shiva Texyarn Limited generated revenue of ₹3.4B at a net margin of 3.0%. Revenue declined 9.5% year over year. It earns a return on equity of 7.3%. Net debt stands at ₹621M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹129.99 (bear case) to ₹216.65 (bull case); at ₹161.88, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -7% fair-value upside, at 7%, SHIVATEX screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹260.78 ₹344.43 ₹490.89 80
Residual Income ₹89.01 ₹92.66 ₹97.50 76
Rev-Margin DCF ₹172.26 ₹238.67 ₹324.33 74
All 24 models by family
DCF Models
FCF DCF ₹250.96 ₹337.17 ₹501.87 38
Owner Earnings ₹144.68 ₹195.16 ₹291.60 31
5Y Revenue Exit ₹172.26 ₹232.59 ₹322.64 39
5Y EBITDA Exit ₹218.82 ₹312.04 ₹438.92 41
5Y P/E Exit ₹163.26 ₹217.22 ₹284.43 38
10Y Revenue Exit ₹198.34 ₹251.43 ₹308.48 36
10Y EBITDA Exit ₹229.70 ₹301.54 ₹379.59 37
10Y P/E Exit ₹196.49 ₹241.74 ₹285.11 35
Earnings-Based
Graham-Dodd ₹53.57 ₹80.11 ₹95.07 54
EPV ₹108.87 ₹126.93 ₹142.51 59
Dividend Discount
Gordon GGM ₹5.27 ₹6.03 ₹6.93 70
DDM Multi-Stage ₹5.27 ₹6.78 ₹8.66 61
Multiples
P/E Multiple ₹129.99 ₹173.32 ₹216.65 63
P/S Multiple ₹100.45 ₹133.93 ₹167.41 58
P/B Multiple ₹100.45 ₹133.93 ₹167.41 55
EV/EBIT ₹198.41 ₹266.37 ₹334.34 53
EV/EBITDA ₹231.01 ₹309.85 ₹388.68 54
EV/Revenue ₹131.95 ₹190.86 ₹249.76 43
Asset-Based
NCAV (Graham) ₹56.03 ₹75.08 ₹112.06 50
Growth DCF
Growth DCF ₹260.78 ₹344.43 ₹490.89 80
Rev-Margin DCF ₹172.26 ₹238.67 ₹324.33 74
Economic Profit
Residual Income ₹89.01 ₹92.66 ₹97.50 76
ROIC Compounder ₹108.87 ₹128.81 ₹150.57 72
Growth Earnings
Growth-Adj P/E ₹91.63 ₹130.91 ₹170.18 68

Widest divergence: DCF Models (₹241.74) versus Dividend Discount (₹6.03). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹3.4B
Revenue growth (YoY) -9.5%
Net margin 3.0%
Return on equity 7.3%
Free cash flow ₹351M FY2026
P/E ratio 18.6 as of Jul 3, 2026
More key figures
Operating margin -1.2%
EPS (TTM) ₹7.87
Dividend yield 0.4%
EPS growth (YoY) -95.0%
Net debt ₹621M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 64 · Market factors (momentum, volatility) 45

Profitability 52
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Shiva Texyarn Limited manufactures and sells yarn, coated and laminated fabrics, garments, and other value added products in India and internationally.

Full company description

Shiva Texyarn Limited manufactures and sells yarn, coated and laminated fabrics, garments, and other value added products in India and internationally. The company offers combed, carded, and compact yarns; slub and fancy yarns; reusable and washable sheets under the Quick Dry brand; mattress protectors under the Quick Fit brand; and baby wear products under the Q-Club brand. It also provides door, window, and shower curtains, as well as cushion covers; knitwear; outerwear comprising light weight shells, fleece and pile fabrics, breathable film laminated garments, seam sealed, multi layered clothing, and insulation-Hi and low lofts; and military and tactical gear, such as protective suits, extreme cold weather clothing, super high altitude mountaineering clothing, extreme cold weather combat glove systems, and internal and external frame rucksacks. In addition, the company offers bedding range, such as sheets, duvet covets, and fleece blankets; kitchen articles comprising aprons, potholders, and tablecloths; bath, wipe, and swimming towels; acrylic coated and PU coating products; digital canvas products, such as poly cotton, cotton, and polyester canvas; art canvas products, including canvas rolls and boards, stretched canvas, and canvas notepads; and digital printing services for digital banners, bags, backpacks, home finishes, and offset printing applications under the Q-print Media brand. Further, it offers backpacks; printed hipsters under the INDISHAPE brand; wall art under the STYLFIN brand; reusable protective masks under the Medic Virostat and MedicMasks brands; and reusable fabric diapers under the Paw Paw brand. The company was formerly known as Annamalai Finance Ltd and changed its name to Shiva Texyarn Limited in January 2003. Shiva Texyarn Limited was incorporated in 1980 and is based in Coimbatore, India. Shiva Texyarn Limited is a subsidiary of Vedanayagam Hospital Private Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shiva Texyarn Limited reported revenue of ₹3.4B in FY2026 versus ₹4.7B in FY2022, a compound −8.0%/yr. Reported net income was ₹102M in FY2026, compounding −15.5%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹3.4B
Latest YoY
+5.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.9%
Revenue −8.0%/yr
FY22 ₹4.7B
FY23 ₹4.1B
FY24 ₹3.3B
FY25 ₹3.2B
FY26 ₹3.4B
Net income −15.5%/yr
FY22 ₹200M
FY23 −₹66.4M
FY24 −₹108M
FY25 ₹121M
FY26 ₹102M
Character of growth · EPS growth decomposed (2015-2026) +3.5 % p.a.
Revenue per share −0.3 pp

of which total revenue −4.1 pp · buybacks/dilution +3.8 pp

EBIT margin +5.8 pp
Tax rate +4.3 pp
Residual (interest, one-offs) −6.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Shiva Texyarn Limited Fair Value". https://www.fairvalue-calculator.com/stock/SHIVATEX

Peer Group

Textile Manufacturing · 317 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 64 · Top 25%
Fair Value upside +7% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 4% · Top 25%
Net margin (TTM) 3% · Above median
Operating margin (TTM) -1% · Bottom 25%
Revenue growth -10% · Below median
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 18.6× · Cheaper than median
P/B 1.38× · Pricier than median
P/S (TTM) 0.59× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 6.1× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 43 · sector 8
FUTURE 0 · sector 0
PAST 29 · sector 15
HEALTH 94 · sector 95
DIVIDEND 8 · sector 35

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$42.10 HK$68.24 +62%
Tongkun Group 601233 ¥22.67 ¥14.53 -36%
Inner Mongolia ERDOS Resources Co 600295 ¥12.79 ¥14.35 +12%
Far Eastern New Century Corporation 1402 27.55 TWD 25.64 TWD -7%
K.P.R. Mill Limited KPRMILL ₹1,089 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥71.55 ¥11.85 -83%
Vardhman Textiles Limited VTL ₹591.90 ₹437.53 -26%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 324.31 TRY +86%
Ruentex Industries Ltd 2915 54.10 TWD 133.24 TWD +146%
Welspun Living Limited WELSPUNLIV ₹165.23 ₹47.77 -71%

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Frequently asked questions

Is Shiva Texyarn Limited (SHIVATEX) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹173.32 versus a price of ₹161.88, about +7% (fairly valued).
What is the fair value of SHIVATEX?
Our model-based fair value for Shiva Texyarn Limited is ₹173.32 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹161.88.
What is the quality score of SHIVATEX?
Shiva Texyarn Limited has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Shiva Texyarn Limited (SHIVATEX)?
Shiva Texyarn Limited reported trailing-twelve-month revenue of about ₹3.4B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SHIVATEX?
The net profit margin of Shiva Texyarn Limited is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. Based on the latest reported figures.
Does Shiva Texyarn Limited pay a dividend?
Shiva Texyarn Limited currently shows a dividend yield of about 0.41% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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