SHINEFASH
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Revenue Mix
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Forensics
Recent events
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News
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Corporate Actions
Shine Fashions (India) Approves Participation In Proposed Acquisition Of S K S Textiles
Jan 8 (Reuters) - Shine Fashions (India) Ltd SHNE.BO:
APPROVED PARTICIPATION IN PROPOSED ACQUISITION OF S K S TEXTILES FOR 126.1 MILLION RUPEES
Source text: ID:nnAZN4RSG0Y
Further company coverage: SHNE.BO
(([email protected];))
Jan 8 (Reuters) - Shine Fashions (India) Ltd SHNE.BO:
APPROVED PARTICIPATION IN PROPOSED ACQUISITION OF S K S TEXTILES FOR 126.1 MILLION RUPEES
Source text: ID:nnAZN4RSG0Y
Further company coverage: SHNE.BO
(([email protected];))
Shine Fashions (India) Ltd To Evaluate Strategic Acquisition
Jan 5 (Reuters) - Shine Fashions (India) Ltd SHNE.BO:
SHINE FASHIONS (INDIA) LTD - TO EVALUATE STRATEGIC ACQUISITION
Source text: ID:nBSE5HsW7B
Further company coverage: SHNE.BO
(([email protected];))
Jan 5 (Reuters) - Shine Fashions (India) Ltd SHNE.BO:
SHINE FASHIONS (INDIA) LTD - TO EVALUATE STRATEGIC ACQUISITION
Source text: ID:nBSE5HsW7B
Further company coverage: SHNE.BO
(([email protected];))
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What does Shine Fashion (I) do?
Shine Fashions (India) Limited, established in 2019, specializes in importing and trading a wide range of fabrics and textile raw materials after acquiring business from AM FABRICS.
Who are the competitors of Shine Fashion (I)?
Shine Fashion (I) major competitors are Anmol India, Le Lavoir, Newjaisa Tech, Amrapali Industries, Mishka Fin & Trading, Yash Chemex, Filtra Consultants. Market Cap of Shine Fashion (I) is ₹65 Crs. While the median market cap of its peers are ₹68 Crs.
Is Shine Fashion (I) financially stable compared to its competitors?
Shine Fashion (I) seems to be less financially stable compared to its competitors. Altman Z score of Shine Fashion (I) is 4.06 and is ranked 6 out of its 8 competitors.
Does Shine Fashion (I) pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Shine Fashion (I) latest dividend payout ratio is 0.54% and 3yr average dividend payout ratio is 0.54%
How has Shine Fashion (I) allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Shine Fashion (I) balance sheet?
Balance sheet of Shine Fashion (I) is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Shine Fashion (I) improving?
Yes, profit is increasing. The profit of Shine Fashion (I) is ₹8.73 Crs for TTM, ₹6.98 Crs for Mar 2025 and ₹3.91 Crs for Mar 2024.
Is the debt of Shine Fashion (I) increasing or decreasing?
Yes, The net debt of Shine Fashion (I) is increasing. Latest net debt of Shine Fashion (I) is ₹1.2 Crs as of Sep-25. This is greater than Mar-25 when it was -₹19.89 Crs.
Is Shine Fashion (I) stock expensive?
Shine Fashion (I) is not expensive. Latest PE of Shine Fashion (I) is 9.26, while 3 year average PE is 30.79. Also latest EV/EBITDA of Shine Fashion (I) is 3.55 while 3yr average is 12.8.
Has the share price of Shine Fashion (I) grown faster than its competition?
Shine Fashion (I) has given better returns compared to its competitors. Shine Fashion (I) has grown at ~-0.76% over the last 2yrs while peers have grown at a median rate of -3.03%
Is the promoter bullish about Shine Fashion (I)?
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 Shine Fashion (I) is 65.2% and last quarter promoter holding is 65.2%.
Are mutual funds buying/selling Shine Fashion (I)?
There is Insufficient data to gauge this.
