About Ashnoor
Ashnoor is a publicly listed company based in Gurugram (India) founded in 1993. It manufactures and exports terry towels for hospitality and hotel chains worldwide. It operates on a B2B model. The company has 228 employees. Its Indian entity Ashnoor Textile Mills Limited reported revenue of ₹116 Cr. Ashnoor offers products and services including Terry Towels, White Towels, Colored Towels, Pool Towels, and Kitchen Towels. Its focus areas include Manufacturing, Textiles, Home Textiles and Terry Towels. Similar companies include Alok Industries, Jaykay Enterprises and Sportking.
Company details
Ashnoor Textiles is a certified manufacturer and exporter of terry towels, established in 1993 and based in Gurgaon, India. They produce over 5400 tons annually, focusing on quality control from yarn combing to packaging. The company supplies a full range of towels, including white, colored, pool, and kitchen varieties, primarily to the US and medium to large hotel chains. They emphasize customer satisfaction and high standards in the textile export business.
- Headquarters Gurugram, India
- Employees 228
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Website ashnoortex.com
- Legal Name Ashnoor Textile Mills Limited
- Market Cap₹82.13 Cr
ASHNOOR · BSE
- Share Price₹50.00
-3.01% today
- Revenue₹114 Cr
FY 2025-26 · -36.4% YoY
- EBITDA₹16.07 Cr
Margin 14.1%
- Net Profit₹3.45 Cr
FY 2025-26 · -61.8% YoY
- P/E (TTM)5.5x
P/B 0.7x
- ROE3.8%
ROCE 7.2%
- Debt / Equity0.66
Interest cover 34.3x
- Employee Count228
Associated legal entities of Ashnoor
Ashnoor operates through Ashnoor Textile Mills Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashnoor Textile Mills Limited Listed CIN L17226HR1984PLC033384 | Active | 21 Jan 1984 | Gurgaon, Haryana | ₹116 Cr | 228 | 10 | View details |
Products & Services of Ashnoor
Ashnoor offers a comprehensive portfolio of products and services, including Terry Towels, White Towels, Colored Towels, Pool Towels, and Kitchen Towels.
High-quality towels exported for hospitality use
Specialized towels supplied to hotel chains
Varied towels for commercial applications
Durable towels for recreational settings
Functional towels for daily use in hotels
Board of directors of Ashnoor Textile Mills Limited (Ashnoor)
Ashnoor Textile Mills Limited is the primary company behind Ashnoor. The board of Ashnoor Textile Mills Limited currently have 8 directors; the longest-serving is Suneel Gupta, appointed in 1984. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suneel Gupta DIN 00052084 | Managing Director | 21 Jan 1984 | 42 yrs 9 mo | Ashnoor Textile Mills Limited |
| Abhinav Gupta DIN 02766867 | Director | 01 Oct 2009 | 17 yrs 1 mo | Ashnoor Textile Mills Limited |
| Sangeeta Gupta DIN 00052121 | Whole-time director | 01 May 2011 | 15 yrs 6 mo | Ashnoor Textile Mills Limited |
| Sanjay Arora DIN 07815311 | Director | 01 Jun 2017 | 9 yrs 5 mo | Ashnoor Textile Mills Limited |
| Divya Agarwal DIN 08016384 | Director | 09 Dec 2017 | 8 yrs 11 mo | Ashnoor Textile Mills Limited |
| Noor Gupta DIN 03611790 | Whole-time director | 09 Dec 2017 | 8 yrs 11 mo | Ashnoor Textile Mills Limited |
| Naresh Kumar Aggarwal DIN 00224371 | Director | 27 Feb 2021 | 5 yrs 8 mo | Ashnoor Textile Mills Limited |
| Parul Aggarwal DIN 08428713 | Director | 01 Oct 2025 | 1 yr 1 mo | Ashnoor Textile Mills Limited |
People of Ashnoor
1 people are tracked at Ashnoor (1 in leadership); the tracked headcount is 228.
| Name | Role | Group |
|---|---|---|
| Chief Executive Officer | Leadership |
Complete people profiles for Ashnoor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ashnoor
Ashnoor is a publicly listed company on the BSE with ticker symbol ASHNOOR in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date13 Jul 1993
- Listed onBSE: ASHNOOR
- Listed entityAshnoor Textile Mills Limited
- Exchange sectorProcess industries
- ISININE372I01018
- Share price₹50.98 (+3.51% on the day) · 2026-10-14
- Market capitalisation₹78.5 Cr
- Price to earnings5.9
- EPS (diluted, trailing year)₹8.63
- Volume (last session)2,818
Financials of Ashnoor
Exchange-reported figures of Ashnoor Textile Mills Limited, the listed company behind Ashnoor (BSE: ASHNOOR).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 114 | 178 | 129 | 177 | 262 | 118 | 137 |
| Revenue growth | -36.4% | +38.3% | -27.0% | -32.4% | +121.5% | -13.6% | - |
| EBITDA | 16.07 | 23.86 | 12.37 | 15.38 | 18.79 | 11.21 | 9.37 |
| EBITDA margin | +14.1% | +13.4% | +9.6% | +8.7% | +7.2% | +9.5% | +6.8% |
| Profit before tax | 10.77 | 20.51 | 9.70 | 8.04 | 12.02 | 6.98 | 4.07 |
| Net profit | 3.45 | 9.03 | 2.04 | 5.88 | 8.97 | 4.89 | 3.16 |
| Net profit margin | +3.0% | +5.1% | +1.6% | +3.3% | +3.4% | +4.1% | +2.3% |
| EPS (₹) | 5.32 | 10.02 | 5.83 | 4.81 | 7.03 | 4.26 | 2.54 |
| Balance sheet | |||||||
| Total assets | 152 | 151 | 141 | 129 | 149 | 101 | 97.86 |
| Net worth | 94.88 | 86.39 | 64.07 | 56.62 | 50.50 | 41.54 | 36.12 |
| Total debt | 55.51 | 63.58 | 75.65 | 70.92 | 97.72 | 58.96 | 61.07 |
| Cash & bank | 1.76 | 1.71 | 4.66 | 3.80 | 9.16 | 1.43 | 2.26 |
| Net working capital | 67.98 | 83.00 | 76.85 | 74.52 | 111 | 71.74 | 69.08 |
| Cash flow | |||||||
| Cash from operations | 28.52 | 12.43 | 10.50 | 45.30 | (13.58) | 2.08 | 3.32 |
| Cash from investing | (20.40) | (9.69) | (14.38) | (23.86) | (17.45) | (3.33) | (12.57) |
| Cash from financing | (8.07) | (5.69) | 4.73 | (26.80) | 38.76 | 0.41 | 8.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34.18 | 25.77 | 18.55 | 29.45 | 39.84 | 41.15 | 43.13 | 44.49 |
| Revenue growth (YoY) | -14.2% | -37.4% | -57.0% | -33.8% | -19.9% | - | - | - |
| Other income | 8.30 | (3.69) | 3.86 | 0.39 | 2.23 | (0.93) | 0.02 | 3.30 |
| Total expenses | 28.22 | 20.19 | 19.54 | 24.69 | 33.12 | 37.20 | 36.27 | 36.74 |
| EBITDA | 5.96 | 5.58 | (0.99) | 4.76 | 6.72 | 3.95 | 6.86 | 7.75 |
| EBITDA margin | +17.4% | +21.7% | -5.3% | +16.2% | +16.9% | +9.6% | +15.9% | +17.4% |
| Depreciation | 1.46 | (0.39) | 1.44 | 1.44 | 1.44 | 0.03 | 1.44 | 1.38 |
| Interest | 0.94 | 0.91 | 0.87 | 1.04 | 1.34 | 1.48 | 1.23 | 1.00 |
| Profit before tax | 11.86 | 1.37 | 0.56 | 2.67 | 6.17 | 1.51 | 4.21 | 8.67 |
| Tax | 1.96 | (0.11) | (0.01) | 0.86 | 1.54 | (0.01) | 1.23 | 1.85 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34.18 | 25.77 | 18.55 | 29.45 | 39.84 | 41.15 | 43.13 | 44.49 |
| Revenue growth (YoY) | -14.2% | -37.4% | -57.0% | -33.8% | -19.9% | - | - | - |
| Other income | 8.30 | (3.69) | 3.86 | 0.39 | 2.23 | (0.93) | 0.02 | 3.30 |
| Total expenses | 28.22 | 20.19 | 19.54 | 24.69 | 33.12 | 37.20 | 36.27 | 36.74 |
| EBITDA | 5.96 | 5.58 | (0.99) | 4.76 | 6.72 | 3.95 | 6.86 | 7.75 |
| EBITDA margin | +17.4% | +21.7% | -5.3% | +16.2% | +16.9% | +9.6% | +15.9% | +17.4% |
| Depreciation | 1.46 | (0.39) | 1.44 | 1.44 | 1.44 | 0.03 | 1.44 | 1.38 |
| Interest | 0.94 | 0.91 | 0.87 | 1.04 | 1.34 | 1.48 | 1.23 | 1.00 |
| Profit before tax | 11.86 | 1.37 | 0.56 | 2.67 | 6.17 | 1.51 | 4.21 | 8.67 |
| Tax | 1.96 | (0.11) | (0.01) | 0.86 | 1.54 | (0.01) | 1.23 | 1.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 114 | 178 | 129 | 177 | 262 | 118 | 137 |
| Revenue growth | -36.4% | +38.3% | -27.0% | -32.4% | +121.5% | -13.6% | - |
| Other income | 2.79 | 5.70 | 6.96 | 0.74 | 0.46 | 1.31 | 0.36 |
| Total expenses | 97.54 | 155 | 117 | 162 | 243 | 107 | 128 |
| Employee cost | 2.83 | 2.48 | 1.87 | 2.18 | 1.81 | 1.41 | 1.59 |
| EBITDA | 16.07 | 23.86 | 12.37 | 15.38 | 18.79 | 11.21 | 9.37 |
| EBITDA margin | +14.1% | +13.4% | +9.6% | +8.7% | +7.2% | +9.5% | +6.8% |
| Depreciation | 3.93 | 4.24 | 4.33 | 3.92 | 3.69 | 3.08 | 2.85 |
| Interest | 4.16 | 4.81 | 5.30 | 4.16 | 3.54 | 2.46 | 2.81 |
| Profit before tax | 10.77 | 20.51 | 9.70 | 8.04 | 12.02 | 6.98 | 4.07 |
| Tax | 2.28 | 4.54 | 2.29 | 1.92 | 3.07 | 1.56 | 0.84 |
| Net profit | 3.45 | 9.03 | 2.04 | 5.88 | 8.97 | 4.89 | 3.16 |
| Net profit margin | +3.0% | +5.1% | +1.6% | +3.3% | +3.4% | +4.1% | +2.3% |
| EPS (₹) | 5.32 | 10.02 | 5.83 | 4.81 | 7.03 | 4.26 | 2.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.93 | 15.93 | 12.75 | 12.74 | 12.74 | 12.74 | 12.74 |
| Reserves & surplus | 78.95 | 70.46 | 51.32 | 43.88 | 37.76 | 28.80 | 23.38 |
| Shareholders' funds (net worth) | 94.88 | 86.39 | 64.07 | 56.62 | 50.50 | 41.54 | 36.12 |
| Secured loans | 51.42 | 59.49 | 65.45 | 52.04 | 70.82 | 44.85 | 48.27 |
| Unsecured loans | 4.09 | 4.09 | 10.20 | 18.88 | 26.90 | 14.11 | 12.80 |
| Total debt | 55.51 | 63.58 | 75.65 | 70.92 | 97.72 | 58.96 | 61.07 |
| Total liabilities | 152 | 151 | 141 | 129 | 149 | 101 | 97.86 |
| Assets | |||||||
| Gross block | 92.71 | 92.83 | 90.97 | 89.79 | 81.79 | 71.38 | 76.76 |
| Net block | 34.03 | 38.03 | 40.07 | 42.87 | 37.30 | 30.13 | 29.44 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 52.17 | 33.60 | 26.29 | 13.70 | 2.80 | 1.31 | 0.95 |
| Inventories | 40.45 | 44.62 | 38.13 | 35.55 | 38.71 | 34.54 | 31.82 |
| Sundry debtors | 24.34 | 37.27 | 30.40 | 30.18 | 69.68 | 40.14 | 37.34 |
| Cash & bank balances | 1.76 | 1.71 | 4.66 | 3.80 | 9.16 | 1.43 | 2.26 |
| Loans & advances | 10.83 | 11.42 | 15.42 | 10.92 | 20.23 | 13.99 | 13.83 |
| Total current assets | 77.38 | 95.02 | 88.61 | 80.45 | 138 | 90.10 | 85.25 |
| Total current liabilities | 9.40 | 12.02 | 11.76 | 5.93 | 26.81 | 18.36 | 16.17 |
| Net working capital | 67.98 | 83.00 | 76.85 | 74.52 | 111 | 71.74 | 69.08 |
| Total assets | 152 | 151 | 141 | 129 | 149 | 101 | 97.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.71 | 4.66 | 3.80 | 9.16 | 1.43 | 2.26 | 2.73 |
| Net cash from operating activities | 28.52 | 12.43 | 10.50 | 45.30 | (13.58) | 2.08 | 3.32 |
| Net cash from investing activities | (20.40) | (9.69) | (14.38) | (23.86) | (17.45) | (3.33) | (12.57) |
| Net cash from financing activities | (8.07) | (5.69) | 4.73 | (26.80) | 38.76 | 0.41 | 8.79 |
| Net change in cash | 0.05 | (2.95) | 0.86 | (5.36) | 7.73 | (0.84) | (0.47) |
| Closing cash | 1.76 | 1.71 | 4.66 | 3.80 | 9.16 | 1.43 | 2.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -36.4% | +38.3% | -27.0% | -32.4% | +121.5% | -13.6% | - |
| EBITDA growth | -32.7% | +92.9% | -19.6% | -18.2% | +67.6% | +19.6% | - |
| PBT growth | -47.5% | +111.4% | +20.7% | -33.1% | +72.2% | +71.5% | -16.8% |
| Net income growth | -61.8% | +342.7% | -65.3% | -34.5% | +83.4% | +54.8% | - |
| Revenue CAGR (3Y) | -13.7% | -12.0% | +3.0% | +8.9% | +26.8% | +10.2% | +18.9% |
| EBITDA CAGR (3Y) | +1.5% | +8.3% | +3.3% | +18.0% | +12.2% | +20.0% | +5.1% |
| Profitability & leverage | |||||||
| Net income margin | +7.5% | +9.0% | +5.7% | +3.5% | +3.4% | +4.6% | +2.4% |
| Return on capital employed | +7.2% | +13.5% | +6.2% | +8.8% | +12.4% | +9.5% | +7.7% |
| Return on net worth | +3.8% | +12.0% | +3.4% | +11.4% | +19.5% | +14.0% | +9.4% |
| Debt / equity | 0.66 | 0.93 | 1.21 | 1.57 | 1.70 | 1.55 | 1.57 |
| Long-term debt / equity | 0.13 | 0.18 | 0.38 | 0.50 | 0.41 | 0.26 | 0.21 |
| Interest cover | 34.27 | 24.52 | 65.92 | 36.30 | 23.44 | 30.26 | 43.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.22 | 1.94 | 1.43 | 2.06 | 3.42 | 1.60 | 1.88 |
| Inventory turnover | 2.67 | 4.31 | 3.50 | 4.77 | 7.15 | 3.56 | 4.97 |
| Debtors turnover | 3.69 | 5.28 | 4.26 | 3.54 | 4.77 | 3.05 | 3.86 |
| EPS (₹) | 5.32 | 10.02 | 5.83 | 4.81 | 7.03 | 4.26 | 2.54 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 59.55 | 54.23 | 50.26 | 44.44 | 39.64 | 32.61 | 28.35 |
Similar companies to Ashnoor
Ashnoor has 3 listed similar companies in our database. They include Alok Industries, Jaykay Enterprises and Sportking.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alokind.com | 1986 | Mumbai, India | 11,851 | Textiles and related products are manufactured in India. | ||
| jaykayenterprises.com | 1991 | Kanpur, India | 27 | Yarn and cotton are manufactured by Jaykay Enterprises in India. | ||
| sportking.co.in | 1989 | Ludhiana, India | 5,655 | Yarns, fabrics, and garments are manufactured and retailed by Sportking. |
Detailed similar companies of Ashnoor
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Web traffic of Ashnoor
The website of Ashnoor (ashnoortex.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 4.3% vs previous month
Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Ashnoor (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Ashnoor
Ashnoor was founded in 1993.
Ashnoor is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Ashnoor has 228 employees.
The primary company behind Ashnoor, Ashnoor Textile Mills Limited, reported revenue of ₹116 Cr for FY 2026, down 36% year on year.
Ashnoor Textiles is a certified manufacturer and exporter of terry towels, established in 1993 and based in Gurgaon, India. They produce over 5400 tons annually, focusing on quality control from yarn combing to packaging. The company supplies a full range of towels, including white, colored, pool, and kitchen varieties, primarily to the US and medium to large hotel chains. They emphasize customer satisfaction and high standards in the textile export business.
Ashnoor's top competitors include Sportking, Jaykay Enterprises and Alok Industries.
Ashnoor offers Terry Towels, White Towels, Colored Towels, Pool Towels, and Kitchen Towels.
Yes, Ashnoor is publicly traded on BSE under the ticker symbol ASHNOOR.
Ashnoor operates through Ashnoor Textile Mills Limited.
The legal entities of Ashnoor currently have 10 directors, including Sangeeta Gupta, Sanjay Arora, Divya Agarwal and others.