GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) share price & results
- Jun 2026
- Jun 2026
Kochi-based cotton yarn manufacturer whose spinning operations have stood shut since June 2022; now proposing to pivot into cotton and cotton-yarn trading.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 7.3 | +466.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -3.4 | +6.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 0.35 | −77.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 24.26 | +0.4 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -60.00 | −69.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −12.0 pts | Trailing twelve months | TTM to Jun 2026 | Not in the analysed materials. No older figure is substituted. |
Price
Performance +59.8% 30D
30D: ₹12.2 on 10 Dec 2021 → ₹19.5. High ₹19.5 (11 Jan 2022), low ₹12.2 (10 Dec 2021).
- Previous close
- ₹18.6
- Market cap
- ₹10 Cr
- 52-week range
- ₹7.65 – ₹19.5
- Return on equity (TTM to Jun 2026)
- 24.26%
Overview
- Symbol
- NSE:GTNTEX
- Sector
- Textiles
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) does
Based on the company's own presentations, annual report and earnings calls.
GTN Textiles Ltd (formerly GTN Industries Ltd), headquartered in Kochi, Kerala, was engaged in manufacturing cotton yarn, with commercial production having commenced in October 1964. The company discontinued its cotton yarn manufacturing operations with effect from 13 June 2022 on account of unsustainable wages, paucity of working capital and a steep increase in cotton prices, which had lowered capacity utilization and made the operations unviable. It is now proposing to start trading in cotton and cotton yarn, or other business permitted under the objects clause of its Memorandum of Association, including arrangements with group/related entities.
Segments
- Cotton yarn manufacturing
- Cotton & cotton-yarn trading
- Manufacturing operations status
- Discontinued (w.e.f. 13 Jun 2022)
- Commercial production commenced
- October 1964
- Proposed business activity
- Trading in cotton & cotton yarn (from FY2025-26)
- Related-party trading counterparties proposed
- 4
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −77% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 1 | 2 | 3 | 3 | 7 |
| Expenses | 0 | 0 | 0 | 1 | 2 | 4 | 4 | 8 |
| Operating profit | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Operating margin | — | — | — | −10.1% | −15.5% | −10.4% | −9.5% | −3.4% |
| Other income | -4 | -7 | 6 | 2 | -2 | 0 | -5 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -4 | -7 | 6 | 2 | -2 | -0 | -5 | 0 |
| Tax rate | 0.0% | 0.0% | −2.9% | 0.0% | 0.0% | 0.0% | 101.0% | 0.0% |
| Net profit | -4 | -7 | 6 | 2 | -2 | -0 | -10 | 0 |
| EPS (₹ per share) | -3.06 | -5.92 | 5.27 | 1.33 | -1.98 | -0.36 | -8.77 | 0.30 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 0 | 0 | 10 |
| Expenses | 0 | 0 | 11 |
| Operating profit | 0 | -0 | -1 |
| Other income | -14 | -8 | -5 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | -14 | -8 | -6 |
| Net profit | -12 | -8 | -11 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 16 | -4 | -16 | -24 | -25 | -35 |
| Borrowings | 73 | 26 | 45 | 31 | 18 | 19 |
| Other liabilities | 34 | 66 | 54 | 21 | 8 | 18 |
| Total liabilities | 134 | 99 | 94 | 40 | 13 | 13 |
| Fixed assets | 115 | 0 | 0 | 8 | 8 | 8 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 19 | 99 | 94 | 32 | 5 | 6 |
| Total assets | 134 | 99 | 94 | 40 | 13 | 13 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -7 | 8 | 1 | 0 | 0 | -6 |
| Cash from investing | 0 | 0 | 27 | 0 | 0 | 6 |
| Cash from financing | 4 | -10 | -28 | 0 | 0 | 0 |
| Net cash flow | -4 | -2 | 0 | 0 | 0 | 1 |
| Free cash flow | -7 | 8 | 28 | 0 | 0 | -6 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 18 | 12 | 0 | — | — | 61 |
| Inventory days | 109 | 59 | 12 | — | — | 10 |
| Days payable | 50 | 64 | 324 | — | — | 78 |
| Cash conversion cycle | 76 | 7 | -312 | — | — | -8 |
| Working capital days | -472 | -348 | 592 | — | — | -1040 |
| Return on capital employed | −9.0% | −3.0% | −2.0% | 0.0% | −1.0% | −16.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 63.37% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 63.37%
- Foreign institutions 0.01%
- Domestic institutions 0.01%
- Public 36.63%
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.
- +0.26 pp 2.30% held
The same filing shows 0 holders 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 GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 16.13% | unchanged | |
| 13.60% | unchanged | |
| 8.63% | unchanged | |
| 7.06% | unchanged | |
| 6.65% | unchanged | |
| 6.30% | unchanged | |
| 4.98% | unchanged | |
| 2.30% | +0.26 pp | |
| 1.74% | unchanged | |
| 1.23% | unchanged | |
| 1.12% | unchanged | |
| Bank | 0.01% | 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.
Your own record
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