Samtex Fashions
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Samtex Fashions said the Debt Recovery Tribunal-III in Delhi ruled in favour of National Asset Reconstruction Company in its recovery case against SSA International, the company's wholly owned subsidiary, where Samtex was the corporate guarantor. The order dated 3 October 2026, received on 15 October 2026, allowed application TA No. 446/2022 and dismissed the counterclaim NDN/31/2023 with no order on costs. The aggregate amount involved was about Rs 435.02 crore plus costs and pendente lite and future interest at 10% a year until full payment.
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Samtex Fashions said the Debt Recovery Tribunal-III in Delhi ruled in favour of National Asset Reconstruction Company in its recovery case against SSA International, the company's wholly owned subsidiary, where Samtex was the corporate guarantor. The order dated 3 October 2026, received on 15 October 2026, allowed application TA No. 446/2022 and dismissed the counterclaim NDN/31/2023 with no order on costs. The aggregate amount involved was about Rs 435.02 crore plus costs and pendente lite and future interest at 10% a year until full payment.
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Samtex Fashions said the Supreme Court of India dismissed its appeals over disallowed deductions under Section 80HHC and interest on margin money for assessment years 2000-2001 and 2001-2002, ending a dispute that had been in its favour until the Delhi High Court ruled against it. The order dated 18 September 2026 was received on 21 September 2026, and the company said the aggregate amount involved was Rs 1.07 crore.
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Samtex Fashions said the Supreme Court of India dismissed its appeals over disallowed deductions under Section 80HHC and interest on margin money for assessment years 2000-2001 and 2001-2002, ending a dispute that had been in its favour until the Delhi High Court ruled against it. The order dated 18 September 2026 was received on 21 September 2026, and the company said the aggregate amount involved was Rs 1.07 crore.
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What does Samtex Fashions do?
Samtex Fashions Ltd is a leading manufacturer of trousers and jackets, specializing in readymade garments for export. The company exclusively focuses on exporting its entire production to overseas markets.
Who are the competitors of Samtex Fashions?
Samtex Fashions major competitors are Flexituff Ventures, United Leasing&Inds., RLF, Garware Marine Inds., Kush Industries, New Light Industries, Suumaya Industries. Market Cap of Samtex Fashions is ₹10 Crs. While the median market cap of its peers are ₹10 Crs.
Is Samtex Fashions financially stable compared to its competitors?
Samtex Fashions seems to be less financially stable compared to its competitors. Altman Z score of Samtex Fashions is 0 and is ranked 5 out of its 8 competitors.
Does Samtex Fashions pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Samtex Fashions latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Samtex Fashions allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances
How strong is Samtex Fashions balance sheet?
Samtex Fashions balance sheet is weak and might have solvency issues
Is the profitablity of Samtex Fashions improving?
Yes, profit is increasing. The profit of Samtex Fashions is -₹0.4 Crs for Mar 2025, -₹4.77 Crs for Mar 2024 and -₹5.58 Crs for Mar 2023
Is the debt of Samtex Fashions increasing or decreasing?
Yes, The net debt of Samtex Fashions is increasing. Latest net debt of Samtex Fashions is ₹562 Crs as of Mar-26. This is greater than Mar-25 when it was ₹561 Crs.
Is Samtex Fashions stock expensive?
There is insufficient historical data to gauge this. Latest PE of Samtex Fashions is 0
Has the share price of Samtex Fashions grown faster than its competition?
Samtex Fashions has given better returns compared to its competitors. Samtex Fashions has grown at ~14.44% over the last 7yrs while peers have grown at a median rate of -13.14%
Is the promoter bullish about Samtex Fashions?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Samtex Fashions is 49.11% and last quarter promoter holding is 49.11%.
Are mutual funds buying/selling Samtex Fashions?
The mutual fund holding of Samtex Fashions is stable. The current mutual fund holding in Samtex Fashions is 0.07% while previous quarter holding is 0.07%.