Aastha Spintex Limited
The company has invested in renewable energy infrastructure, operating a 1 MW rooftop solar unit, a 4 MW ground-mounted solar plant, and a 2.7 MW wind plant. These facilities supply about 80% of its total power needs, enhancing sustainability and energy self-reliance
With over a decade of textile industry experience, the company has built strong customer relationships in Gujarat, other states, and international markets. Its customer-centric approach and focus on customised, high-quality products have strengthened its market presence and reputation
The company operates a fully integrated cotton ginning and spinning facility, managing all stages from raw cotton procurement to finished yarn under one roof. Equipped with advanced compact ring spinning technology and modern machinery from India, Japan, and France, the facility ensures high efficiency, superior quality, and consistent output for both domestic and international textile markets
A major portion of the company’s revenue comes from cotton yarns, especially carded, combed, and compact combed varieties and cotton bales. These yarns serve diverse knitting and weaving applications across industries like denim, home textiles, apparel, and industrial fabrics, making the business sensitive to demand, pricing, or industry fluctuations
Cotton’s high flammability makes the company’s facilities vulnerable to fire or accidents, especially in areas with cotton dust and high-volume material handling. Such incidents could cause property damage, worker injury, regulatory scrutiny, business interruption, and significant financial losses
The company’s ginning operations are seasonal, running mainly from October to March, which can create production variability, inventory management challenges, and dependence on working capital. Seasonal procurement and storage of cotton bales also expose the business to price fluctuations, quality variations, and limited in-house consumption, with surplus bales sold in the market
Income Statement
Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.
| Particulars (in Cr) | Mar 2025 | Y/Y Change |
|---|---|---|
| Operating Revenue | 351.16 | +15.19% |
| Other Income | 1.01 | +24.69% |
| Total Income | 352.17 | +15.21% |
| Total Expenditure | 320.08 | +12.53% |
| EBIDT | 50.87 | +33.83% |
| Depreciation | 8.05 | +28.39% |
| Interest | 10.73 | +2.09% |
| Tax | 9.17 | +85.63% |
| Net Profit | 22.92 | +40.70% |
Balance Sheet
A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.
| Particulars (in Cr) | Mar 2025 |
|---|---|
| Total Current Assets | 192.74 |
| Total Non-Current Assets | 81.46 |
| Fixed assets | 80.80 |
| Total Assets | 274.20 |
| Total Current liabilities | 117.84 |
| Total Non Current Liabilities | 35.31 |
| Total Equity Plus Liabilities | 274.20 |
| Total Shareholder Funds | 121.05 |
| Total Debt to Equity | 79.00% |
Cash Flow
Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.
| Particulars (in Cr) | Mar 2025 |
|---|---|
| Cash from Operating Activity | -18.13 |
| Cash from Financing Activities | 23.13 |
| Cash from Investing Activities | -0.36 |
| Net Cash Flow | 4.63 |
About the Company
Aastha Spintex was incorporated on August 12, 2013. The company manufactures and trades carded, combed, and compact cotton yarns and bales for knitting, weaving, and a wide range of end-use products, including denim, towels, shirting, and home textiles. Its semi-automated facility in Halvad, Gujarat, produces 100% cotton yarns in counts Ne 26 to Ne 40 (fine-to-medium-fine yarn)
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