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Salona Cotspin

Textiles
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Fundamentals

Market Cap₹77Cr
P/E Ratio18.94
P/B Ratio2.42
Industry P/E36.82
ROE3.70%
EPS(TTM)7.69
Dividend Yield0.41%
Book Value60.22
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Financials

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About Company

Salona Cotspin Limited is engaged in textiles-spinning of yarn and knitted fabrics. The Company operates through Cotton Textiles segment. The Company's products include 100% Cotton Yarn and 100% Viscose Blended Yarn, which are used for knitting and weaving application; Ployester Cotton Yarn, which is used for towel weaving and fleece knitting; Ring Spun Yarn, which is used for high speed knitting and weaving, and Compact Yarn, which is used for weaving. The Company specializes in producing 100% cotton combed hosiery yarn and compact yarn with count ranging from 20s to 40s from approximately 24,340 spindles. The Company's finished products, such as combed hosiery yarn and knitted fabrics have demand in domestic and export markets. It is sold in the Tirupur hosiery market. The Company serves exporters of apparels. It makes direct and merchant sales for export of yarn and fabrics to Sri Lanka, Bangladesh, Hong Kong, South Korea, Germany, Mexico, South America and Russia, among others.
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Parent OrganisationSalona Cotspin Limited
Founded1994
Managing DirectorShri. Manoj Jhajharia
NSE SymbolSALONA

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