Deepak Spinners Ltd (DEEPAKSPIN)
🎯 Key Takeaways
- Deepak Spinners Ltd appears to be in a distressed or turnaround phase, with no revenue or profit reported in the latest available quarter (June 2008), negative operating profit, and minimal cash flow generation. The company has not demonstrated financial recovery despite years of operation, and its current market capitalization of ₹100 suggests extreme devaluation.
- ⚠️ 1) Persistent un profitability with no revenue or net income in the latest reported quarter (June 2008). 2) High debt-to-equity ratio of 1.55, indicat
- Market Cap
- ₹101
- P/B Ratio
- 1.56
- Debt/Equity
- 1.55
- Promoter
- 46.4%
📖 The Story
Deepak Spinners Ltd appears to be in a distressed or turnaround phase, with no revenue or profit reported in the latest available quarter (June 2008), negative operating profit, and minimal cash flow generation. The company has not demonstrated financial recovery despite years of operation, and its current market capitalization of ₹100 suggests extreme devaluation. The balance sheet shows high leverage with borrowings of ₹100 against equity of ₹7 and reserves of ₹58, indicating significant financial stress.
📰 What's Happening
There is no recent operational or strategic update available in the provided filing content, as the latest financial data points to June 2008 with no subsequent quarterly results or management commentary included. The company has not announced new orders, expansions, or management changes in the disclosed filings. Shareholding patterns show a stable but low promoter stake of 45.95% over recent quarters, with negligible institutional interest from FII and DII. The lack of recent disclosures suggests limited corporate activity or potential delisting risk.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2008 |
|---|---|
| Revenue | 61 |
| Operating Profit | -1 |
| OPM % | -2.1% |
| Net Profit | -2 |
| EPS | ₹0.00 |
The company reported zero revenue and a loss of ₹2 crore in the latest available quarter (June 2008), with negative operating profit margin of -2.1% and negative EPS of ₹0. This indicates persistent un profitability over the reporting period. The absence of any positive financial trend or improvement in subsequent data suggests the company has not regained financial viability. The cash flow statement shows minimal operating cash flow of ₹35 crore in March 2012, but this was offset by financing outflows, resulting in net negative cash flow.
🔮 Management Outlook & What's Next
No forward guidance or management commentary on future prospects is available in the provided filing content. There are no recent investor presentations, earnings calls, or strategic updates included. The company has not provided any official projections or timelines for recovery, leaving investors without clarity on turnaround plans or operational revival strategies.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2012 |
|---|---|
| Equity Capital | 7 |
| Reserves | 58 |
| Borrowings | 100 |
| Total Liabilities | 242 |
| Fixed Assets | 148 |
| Investments | 0 |
| Total Assets | 242 |
The balance sheet reflects a highly leveraged structure with total borrowings of ₹100 crore against minimal equity of ₹7 crore and reserves of ₹58 crore, suggesting aggressive capital reliance. Total assets of ₹242 crore are largely financed by debt, raising concerns about solvency and financial flexibility. The company’s ability to service debt appears strained given the lack of consistent cash flow generation and profitability.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2012 |
|---|---|
| Operating | +35 |
| Investing | -7 |
| Financing | -29 |
| Net Cash Flow | -0 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 46.0% | 46.0% | 46.0% | 46.4% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 38.9% | 39.3% | 39.3% | 38.9% |
| # Shareholders | 9,725 | 9,535 | 9,313 | 8,989 |
Promoter holding has slightly declined from 46.39% to 45.95% over the last four quarters, indicating minor dilution or stake sales. FII and DII holdings remain negligible at 0% and 0.01% respectively, signaling no institutional confidence. The number of public shareholders has gradually decreased from 9,725 to 8,989, which may reflect declining retail interest or consolidation of shareholding. There are no signs of significant accumulation by any investor class.
⚖️ Peer Comparison — Textiles
🔗 Peer Stock Analyses
⚠️ Risk Factors
1) Persistent un profitability with no revenue or net income in the latest reported quarter (June 2008). 2) High debt-to-equity ratio of 1.55, indicating significant financial leverage. 3) Absence of institutional investor interest, with FII and DII holding near-zero stakes. 4) Lack of recent corporate updates or strategic direction, raising concerns about governance and operational continuity.
📋 Recent Filings
- 🔴 Announcement2026-09-29Deepak Spinners announced that ICRA reaffirmed its credit ratings for multiple banking facilities totaling ₹79.10 crores, upgrading outlooks to stable…
- Announcement2026-09-28Deepak Spinners Ltd announced the closure of its insider trading window effective 1 October 2026, lasting until 48 hours after the unaudited quarterly…
🧠 Analyst's Read
The company is currently in a critical survival phase with no visible signs of operational or financial recovery. Investors should monitor for any future disclosures regarding business revival, debt restructuring, or capital raising plans, as the current trajectory suggests severe distress without a clear turnaround strategy.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-29.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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