Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.
9/28/26
Shiva Texyarn (SHIVATEX.NS)
Monday
10:55 AM
ThesisShiva Texyarn: the story is balanced — Cotton price spreads - differential between raw cotton procurement costs (MCX cotton futures) and yarn realization…
value - Trading at 0.6x P/S and 7.4x EV/EBITDA with 4.1% FCF yield suggests deep value orientation.
Moderate sensitivity through two channels: (1) Working capital financing - textile companies maintain 90-120 days of raw material…
Watch on earnings: MCX cotton futures prices (India) - primary raw material cost driver affecting gross margins with 2-3 month lag, Cotton yarn export volumes from India (DGCI&S data) - indicates global demand strength and competitiveness vs Chinese/Pakistani yarn, China textile PMI - leading indicator for yarn demand as Chinese mills are major consumers and competitors.
One Sentence Summary:
Shiva Texyarn: the story is balanced — cotton price spreads - differential between raw cotton procurement costs (mcx cotton futures) and yarn realization prices determines gross.
Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.
