PATSPINLTD
Patspin India financials
- Market cap
- ₹20 Cr
- Sector
- Textiles
What Patspin India Ltd. does
Patspin India Limited is a cotton yarn spinning company headquartered in Kochi, Kerala, and part of the GTN Group. Facing a paucity of funds, the company presently earns revenue by carrying out job work / contract manufacturing of cotton yarn for others rather than running its own spinning operations. Management has proposed to resume own manufacturing of cotton yarn and discontinue the job-work arrangement, subject to a restructuring proposal under review by its lenders.
Segments
- Cotton yarn spinning
- Manufacturing mode
- Job work / contract manufacturing of cotton yarn (own manufacturing currently suspended, proposed to resume)
Quarterly results
Q1 FY27: revenue down 1.6%, net profit down 7.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 11 | 11 | 11 | 14 +19% | 11 +2% | 11 −7% | 11 −2% |
| EBITDA | 0 | -0 | -0 | -0 | -1 −392% | -1 −189% | -1 −450% | -0 +15% |
| Net profit | -2 | -3 | -2 | -2 | -3 −40% | -3 −16% | -3 −12% | -3 −8% |
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 +52.4% 90D
90D: ₹9.25 on 13 Oct 2021 → ₹14.1. High ₹14.85 (3 Jan 2022), low ₹8.15 (1 Nov 2021).
Financials, as filed
Revenue grew 3.0% a year over 2 years, FY24 to FY26. Operating margin widened to -6.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹44 Cr | ₹47 Cr | ₹47 Cr |
| Operating profit | ₹-4 Cr | ₹-1 Cr | ₹-3 Cr |
| Operating margin | -8.8% | -1.9% | -6.3% |
| Interest | ₹8 Cr | ₹7 Cr | ₹7 Cr |
| Depreciation | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹-7 Cr | ₹-10 Cr | ₹-11 Cr |
| Net margin | -15.2% | -20.7% | -24.5% |
| Cash from operations | ₹7 Cr | ₹1 Cr | ₹0 Cr |
| Free cash flow | ₹10 Cr | ₹1 Cr | ₹0 Cr |
| ROCE | -2.0% | -5.0% | -9.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr |
| Reserves | ₹-37 Cr | ₹-49 Cr | ₹-69 Cr | ₹-75 Cr | ₹-70 Cr | ₹-76 Cr |
| Borrowings | ₹164 Cr | ₹163 Cr | ₹97 Cr | ₹94 Cr | ₹82 Cr | ₹82 Cr |
| Other liabilities | ₹70 Cr | ₹61 Cr | ₹38 Cr | ₹39 Cr | ₹38 Cr | ₹43 Cr |
| Total liabilities | ₹228 Cr | ₹206 Cr | ₹98 Cr | ₹89 Cr | ₹80 Cr | ₹79 Cr |
| Fixed assets | ₹178 Cr | ₹167 Cr | ₹69 Cr | ₹65 Cr | ₹61 Cr | ₹60 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 | ₹0 Cr | ₹0 Cr |
| Other assets | ₹50 Cr | ₹39 Cr | ₹29 Cr | ₹24 Cr | ₹19 Cr | ₹19 Cr |
| Total assets | ₹228 Cr | ₹206 Cr | ₹98 Cr | ₹89 Cr | ₹80 Cr | ₹79 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 13,524.
- Promoters
- 65.0%
- DIIs
- 0.0%
- Public
- 35.0%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Dec '23: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Mar '24: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Jun '24: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Sep '24: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Dec '24: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Mar '25: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Jun '25: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Sep '25: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Dec '25: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Mar '26: Promoters 65.0%, DIIs 0.0%, Public 35.0%.Jun '26: Promoters 65.0%, DIIs 0.0%, Public 35.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Patspin India Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Gtn Textiles Limited | 46.21% | unchanged |
| Kerala State Industrial Development Corporation NBFC / DFI | 8.05% | unchanged |
| Patodia Exports And Investments Pvt Ltd | 4.81% | unchanged |
| Beekaypee Credit Private Limited | 4.42% | unchanged |
| Sangeetha S | 3.92% | unchanged |
| Grace R Deora | 1.66% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate | 1.33% | unchanged |
| Vsk Murthy Balijepalli | 1.29% | unchanged |
| Umang Finance Private Limited | 1.24% | unchanged |
| Prabha Patodia | 0.11% | unchanged |
| Binod Kumar Patodia | 0.11% | unchanged |
| Umang Patodia | 0.04% | 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 Patspin India Ltd.
Guides on how to read this kind of business and the numbers that matter.