514010

Rudra Ecovation financials

Market cap
₹248 Cr
Sector
Textiles

What Rudra Ecovation does

Rudra Ecovation (formerly Himachal Fibres) runs an integrated PET-waste recycling and manufacturing facility in Ludhiana, Punjab, converting waste PET bottles into PET flakes, recycled polyester staple fibre, spun yarn and filament yarn. It also produces non-woven carpets/fabric and Anaura, an upcycled sustainable fabric sold to fashion, home-furnishing and athleisure brands. Through a 51% stake in Shiva Cottex Private Limited it has entered the recycled bottle-to-bottle (B2B) PET chips and acoustic-panels business, and it has proposed to merge with group company Shiva Texfab Ltd, which separately manufactures staple fibre, filament yarn, spun yarn, Anaura and non-wovens from rPET.

Segments

  • PET Flakes & Bottle-to-Bottle rPET chips
  • Recycled Polyester Staple Fibre, Spun Yarn & Filament Yarn
  • Anaura sustainable fabric
  • Non-woven carpets/fabric
  • Acoustic panels
Manufacturing facility
100-acre integrated rPET recycling & manufacturing facility, Ludhiana, Punjab
Anaura (R-PET fabric) capacity
3,20,000 sq. mt./day
Fibre plant capacity
225 MT/day (expanded from 125 MT/day)
Washing line capacity
400 MT/day (expanded from 200 MT/day)
Non-woven fabric capacity
40,000 sq. mt./day
Filament yarn capacity
48 MT/day (expanded from 24 MT/day)
Founded 1997Headquarters Ludhiana, PunjabEmployees 3,000 (May 2025) Company website

Quarterly results

Q1 FY27: revenue down 5.3%, net profit down 11.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue7 7 7 5 10 +33%8 +22%8 +16%5 −5%
EBITDA-1 -1 0 -0 -1 +59%-1 +14%-1 −492%-0 −73%
Net profit-2 -1 -0 -1 -1 +50%-1 +23%-1 −1444%-1 −11%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −41.1% 1Y

₹15.0₹20.0₹25.0₹30.0₹35.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹35.81 on 10 Sept 2025 → ₹21.09. High ₹36.51 (3 Nov 2025), low ₹14.45 (27 Mar 2026).

Financials, as filed

Revenue grew 5.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to -7.5%.

Year endingFY23FY24FY25FY26
Revenue₹27 Cr₹20 Cr₹27 Cr₹32 Cr
Operating profit₹2 Cr₹1 Cr₹-2 Cr₹-2 Cr
Operating margin6.6%5.0%-6.2%-7.5%
Interest₹1 Cr₹2 Cr₹1 Cr₹1 Cr
Depreciation₹2 Cr₹1 Cr₹1 Cr₹1 Cr
Net profit₹3 Cr₹-1 Cr₹-3 Cr₹-4 Cr
Net margin10.9%-3.3%-12.4%-12.9%
Cash from operations₹11 Cr₹4 Cr₹15 Cr₹-17 Cr
Free cash flow₹12 Cr₹3 Cr₹14 Cr₹-17 Cr
ROCE3.4%1.9%-3.0%-2.6%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹11 Cr₹12 Cr
Reserves₹8 Cr₹1 Cr₹4 Cr₹10 Cr₹92 Cr₹107 Cr
Borrowings₹30 Cr₹27 Cr₹16 Cr₹10 Cr₹1 Cr₹1 Cr
Other liabilities₹25 Cr₹28 Cr₹28 Cr₹22 Cr₹20 Cr₹18 Cr
Total liabilities₹72 Cr₹65 Cr₹57 Cr₹51 Cr₹125 Cr₹139 Cr
Fixed assets₹17 Cr₹14 Cr₹12 Cr₹12 Cr₹11 Cr₹10 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹96 Cr₹96 Cr
Other assets₹55 Cr₹51 Cr₹45 Cr₹39 Cr₹18 Cr₹32 Cr
Total assets₹72 Cr₹65 Cr₹57 Cr₹51 Cr₹125 Cr₹139 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters added +1.76 pp while the public trimmed −1.45 pp. The shareholder count shrank 9% to 13,011.

Promoters
15.6%
DIIs
6.7%
Public
77.8%

Since Jun 2025

  • Promoters +1.76 pp
  • Public −1.45 pp
  • DIIs −0.28 pp

How it drifted, 12 quarters

Over this window promoters fell from 54.5% to 15.6% — −39.0 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 54.5%, DIIs 0.2%, Public 45.3%.Dec '23: Promoters 16.3%, DIIs 6.4%, Public 77.3%.Mar '24: Promoters 16.3%, DIIs 6.4%, Public 77.3%.Jun '24: Promoters 14.0%, DIIs 5.5%, Public 80.5%.Sep '24: Promoters 14.2%, DIIs 5.4%, Public 80.4%.Dec '24: Promoters 14.0%, FIIs 0.3%, DIIs 7.0%, Public 78.7%.Mar '25: Promoters 13.8%, FIIs 0.2%, DIIs 6.9%, Public 79.1%.Jun '25: Promoters 13.8%, DIIs 6.9%, Public 79.3%.Sep '25: Promoters 13.8%, DIIs 6.9%, Public 79.3%.Dec '25: Promoters 13.8%, DIIs 6.9%, Public 79.3%.Mar '26: Promoters 15.6%, DIIs 6.7%, Public 77.8%.Jun '26: Promoters 15.6%, DIIs 6.7%, Public 77.8%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Rudra Ecovation above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Brijeshwari Textiles Private Limited 5.90%unchanged
India Equity Fund 1 AIF4.92%unchanged
Simmi Malhotra 4.19%unchanged
Saket Agarwal 3.61%−0.13 pp
Shiva Spinfab Private Limited 3.38%unchanged
Anil Vishanji Dedhia 2.93%+0.50 pp
Dinesh Pareekh 2.63%unchanged
Vinayak International (RAMESH KUMAR) 2.43%unchanged
Race Eco Chain Limited 1.75%unchanged
Lalit Kumar Malik 1.72%unchanged
Sangeeta Pareekh 1.68%unchanged
Anisha Malik 1.68%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Rudra Ecovation

Guides on how to read this kind of business and the numbers that matter.