Shine Fashions

Mumbai, India Founded: 2014 • Age: 12 yrs Listed
Manufactures and supplies interlinings for apparel industry including fusible and woven types.

About Shine Fashions

Shine Fashions is a publicly listed company based in Mumbai (India) founded in 2014. It manufactures and supplies interlinings for apparel industry including fusible and woven types. It operates on a B2B model. Its Indian entity Shine Fashions (India) Limited reported revenue of ₹102 Cr. Shine Fashions offers products and services including Cotton Interlining, Water Jet Woven Fusible Interlining, Hair Canvas, Waist Band Interlining, and Tricot Interlining. Its focus areas include Consumer, Apparel Tech, Garment Materials and Fusible Interlinings. Its competitors include Bewakoof, Styched and Max Fashion; 2 of its 3 listed competitors have raised funding.

Company details

Shine Fashions India Ltd. specializes in producing high-quality interlinings for the apparel sector. They offer products like cotton fusible interlinings, water jet woven types, and waistband interlinings to enhance garment fit and comfort. Based in Mumbai, India, the company focuses on sustainable manufacturing and supplies to global markets. Their activities include trading, importing, and expanding production to meet industry demands.

  • Headquarters Mumbai, India
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    •••• ••••
  • Website shinefashions.in
  • Legal Name Shine Fashions India Ltd
Key Metrics
  • Market Cap
    ₹52.12 Cr

    SHINEFASH · BSE

  • Share Price
    ₹19.40

    0.00% today

  • Revenue
    ₹102 Cr

    FY 2025-26 · +25.0% YoY

  • EBITDA
    ₹4.64 Cr

    Margin 4.5%

  • Net Profit
    ₹8.42 Cr

    FY 2025-26 · +20.6% YoY

  • P/E (TTM)
    6.7x

    P/B 1.8x

  • ROE
    30.0%

    ROCE 31.1%

  • Debt / Equity
    0.47

    Interest cover 27.3x

Products & Services of Shine Fashions

Shine Fashions offers a comprehensive portfolio of products and services, including Cotton Interlining, Water Jet Woven Fusible Interlining, Hair Canvas, Waist Band Interlining, and Tricot Interlining.

Cotton Interlining
Textile Material

Fusible interlining for apparel to provide structure and support.

Water Jet Woven Fusible Interlining
Textile Material

Woven interlining for women's wear enhancing fit and durability.

Hair Canvas
Textile Material

Interlining material for suits to add shape and stability.

Waist Band Interlining
Textile Material

Specialized interlining for menswear ensuring comfort and fit.

Tricot Interlining
Textile Material

Knitted interlining for garments providing flexibility and strength.

Board of directors of Shine Fashions (India) Limited (Shine Fashions)

Shine Fashions (India) Limited is the primary company behind Shine Fashions. The board of Shine Fashions (India) Limited currently have 7 directors; the longest-serving is Anil Zaverchand Mehta, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anil Zaverchand Mehta
DIN 08560132
Director11 Sep 20197 yrs 1 moShine Fashions (India) Limited
Anish Anil Mehta
DIN 08560153
Managing Director11 Sep 20197 yrs 1 moShine Fashions (India) Limited
Purvi Anil Sanghvi
DIN 08560154
Whole-time director11 Sep 20197 yrs 1 moShine Fashions (India) Limited
Nikita Dungarshi Mange
DIN 08712794
Director02 Mar 20206 yrs 7 moShine Fashions (India) Limited
Nikita Nikhil Rathod
DIN 08728821
Director20 Mar 20206 yrs 7 moShine Fashions (India) Limited
Binal Anish Mehta
DIN 11155223
Whole-time director11 Jul 20251 yr 3 moShine Fashions (India) Limited
Labdhi Manish Vora
DIN 11155224
Director11 Jul 20251 yr 3 moShine Fashions (India) Limited

IPO & Listings of Shine Fashions

Shine Fashions is a publicly listed company on the BSE with ticker symbol SHINEFASH 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.

  • Listed onBSE: SHINEFASH
  • Listed entityShine Fashions India Ltd
  • Exchange sectorProcess industries
  • ISININE0BLY01023
  • Share price₹21.34 (+7.4% on the day) · 2026-10-14
  • Market capitalisation₹49.4 Cr
  • Price to earnings17.2
  • EPS (diluted, trailing year)₹1.24
  • Dividend yield0.08%
  • Volume (last session)4,000

Financials of Shine Fashions

Exchange-reported figures of Shine Fashions (India) Limited, the listed company behind Shine Fashions (BSE: SHINEFASH).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹102 Cr
+25.0% YoY
EBITDA
₹4.64 Cr
-50.8% YoY
Profit After Tax
₹8.42 Cr
+20.6% YoY
Net Worth
₹31.66 Cr
+35.8% YoY
Total Assets
₹51.83 Cr
+76.5% YoY
Total Debt
₹20.20 Cr
+242.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue10281.5854.1321.0712.756.88
Revenue growth+25.0%+50.7%+156.9%+65.3%+85.3%-
EBITDA4.649.445.281.290.500.23
EBITDA margin+4.6%+11.6%+9.8%+6.1%+3.9%+3.3%
Profit before tax3.819.345.271.330.540.25
Net profit8.426.983.910.910.390.22
Net profit margin+8.3%+8.6%+7.2%+4.3%+3.1%+3.2%
EPS (₹)1.0923.2113.973.161.421.64
Balance sheet
Total assets51.8329.3711.318.426.135.71
Net worth31.6623.3210.196.285.405.00
Total debt20.205.900.982.030.710.71
Cash & bank7.4513.000.090.120.090.04
Net working capital51.6229.1211.088.195.895.65
Cash flow
Cash from operations(24.42)1.921.08(1.19)0.27(2.24)
Cash from investing0.01(0.05)(0.03)(0.02)(0.17)0.00
Cash from financing18.8711.04(1.08)1.24(0.06)2.24
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue99.3380.4652.8919.9412.086.887.91
Revenue growth+23.5%+52.1%+165.3%+65.1%+75.6%-13.0%-
EBITDA4.969.415.201.020.480.230.41
EBITDA margin+5.0%+11.7%+9.8%+5.1%+4.0%+3.3%+5.2%
Profit before tax4.149.325.181.070.520.250.46
Net profit8.756.973.870.800.380.220.34
Net profit margin+8.8%+8.7%+7.3%+4.0%+3.2%+3.2%+4.3%
EPS (₹)1.1523.1813.872.831.401.643.45
Balance sheet
Total assets51.7128.9210.878.045.945.713.33
Net worth31.6823.1910.076.195.405.003.33
Total debt20.025.720.811.860.540.710.00
Cash & bank7.3912.940.020.100.040.040.04
Net working capital51.4528.6510.627.815.725.653.30
Cash flow
Cash from operations(24.40)1.911.03(1.17)0.41(2.24)0.01
Cash from investing(0.02)(0.02)(0.03)(0.01)(0.18)0.000.03
Cash from financing18.8711.04(1.08)1.24(0.23)2.240.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue10281.5854.1321.0712.756.88
Revenue growth+25.0%+50.7%+156.9%+65.3%+85.3%-
Other income0.460.070.060.130.120.05
Total expenses97.3672.1448.8519.7812.256.65
Employee cost1.131.090.630.570.150.07
EBITDA4.649.445.281.290.500.23
EBITDA margin+4.6%+11.6%+9.8%+6.1%+3.9%+3.3%
Depreciation0.030.030.020.020.010.01
Interest1.260.140.050.070.070.02
Profit before tax3.819.345.271.330.540.25
Tax1.042.351.330.330.140.03
Net profit8.426.983.910.910.390.22
Net profit margin+8.3%+8.6%+7.2%+4.3%+3.1%+3.2%
EPS (₹)1.0923.2113.973.161.421.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital13.431.501.401.401.401.40
Reserves & surplus18.2321.788.794.884.003.60
Shareholders' funds (net worth)31.6623.3210.196.285.405.00
Minority interest(0.02)0.140.130.100.010.00
Secured loans0.000.000.000.000.000.00
Unsecured loans20.205.900.982.030.710.71
Total debt20.205.900.982.030.710.71
Total liabilities51.8329.3711.318.426.135.71
Assets
Gross block0.340.320.280.220.210.05
Net block0.210.220.210.170.190.04
Capital work in progress0.000.000.000.000.000.00
Investments0.000.000.000.000.000.00
Inventories28.5612.246.861.250.420.37
Sundry debtors48.5626.6217.5610.326.035.26
Cash & bank balances7.4513.000.090.120.090.04
Loans & advances29.416.470.820.550.610.40
Total current assets11458.3325.3312.247.156.07
Total current liabilities62.3629.2114.254.051.260.42
Net working capital51.6229.1211.088.195.895.65
Total assets51.8329.3711.318.426.135.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash13.000.090.120.090.040.04
Net cash from operating activities(24.42)1.921.08(1.19)0.27(2.24)
Net cash from investing activities0.01(0.05)(0.03)(0.02)(0.17)0.00
Net cash from financing activities18.8711.04(1.08)1.24(0.06)2.24
Net change in cash(5.55)12.91(0.03)0.040.050.00
Closing cash7.4513.000.090.120.090.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+25.0%+50.7%+156.9%+65.3%+85.3%-
EBITDA growth-50.9%+78.8%+309.3%+158.0%+117.4%-
PBT growth-59.2%+77.2%+296.2%+146.3%+116.0%+9997.0%
Net income growth+20.6%+78.5%+329.7%+133.3%+77.3%-
Revenue CAGR (3Y)+69.2%+85.7%+98.9%---
EBITDA CAGR (3Y)+53.2%+166.3%+184.2%---
Profitability & leverage
Net income margin+2.7%+8.6%+7.3%+4.8%+3.1%+3.2%
Return on capital employed+31.1%+46.9%+54.6%+19.3%+10.5%+4.9%
Return on net worth+30.0%+41.7%+47.8%+16.8%+7.9%+4.6%
Debt / equity0.470.210.180.230.140.14
Long-term debt / equity0.010.010.020.030.020.00
Interest cover27.331.490.955.5114.299.09
Efficiency & per share
Fixed asset turnover309.09271.93216.5298.0098.08137.60
Inventory turnover5.008.5413.3525.2332.2818.59
Debtors turnover2.713.693.882.582.261.31
EPS (₹)1.0923.2113.973.161.421.64
Dividend per share (₹)0.000.130.000.000.000.00
Book value per share (₹)11.7877.4236.4322.4619.3035.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue99.3380.4652.8919.9412.086.887.91
Revenue growth+23.5%+52.1%+165.3%+65.1%+75.6%-13.0%-
Other income0.460.070.040.130.120.050.05
Total expenses94.3771.0547.6918.9211.606.657.50
Employee cost0.630.840.230.170.100.070.03
EBITDA4.969.415.201.020.480.230.41
EBITDA margin+5.0%+11.7%+9.8%+5.1%+4.0%+3.3%+5.2%
Depreciation0.020.020.010.010.010.010.00
Interest1.260.140.050.070.070.020.00
Profit before tax4.149.325.181.070.520.250.46
Tax1.042.351.310.270.140.030.12
Net profit8.756.973.870.800.380.220.34
Net profit margin+8.8%+8.7%+7.3%+4.0%+3.2%+3.2%+4.3%
EPS (₹)1.1523.1813.872.831.401.643.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.431.501.401.401.401.401.00
Reserves & surplus18.2521.658.674.794.003.602.33
Shareholders' funds (net worth)31.6823.1910.076.195.405.003.33
Secured loans0.000.000.270.000.000.000.00
Unsecured loans20.025.720.541.860.540.710.00
Total debt20.025.720.811.860.540.710.00
Total liabilities51.7128.9210.878.045.945.713.33
Assets
Gross block0.140.120.100.050.050.050.05
Net block0.070.060.060.020.030.040.05
Capital work in progress0.000.000.000.000.000.000.00
Investments0.010.010.010.010.010.000.00
Inventories27.8811.706.430.870.380.370.41
Sundry debtors47.1826.5517.5410.305.845.263.35
Cash & bank balances7.3912.940.020.100.040.040.04
Loans & advances30.516.303.100.410.520.400.38
Total current assets11357.4927.0911.686.786.074.18
Total current liabilities61.5128.8416.473.871.060.420.88
Net working capital51.4528.6510.627.815.725.653.30
Total assets51.7128.9210.878.045.945.713.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.940.020.100.040.040.040.00
Net cash from operating activities(24.40)1.911.03(1.17)0.41(2.24)0.01
Net cash from investing activities(0.02)(0.02)(0.03)(0.01)(0.18)0.000.03
Net cash from financing activities18.8711.04(1.08)1.24(0.23)2.240.01
Net change in cash(5.56)12.92(0.09)0.070.000.000.04
Closing cash7.3912.940.020.100.040.040.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+23.5%+52.1%+165.3%+65.1%+75.6%-13.0%-
EBITDA growth-47.3%+81.0%+409.8%+112.5%+108.7%-43.9%-
PBT growth-55.6%+79.9%+384.1%+105.8%+108.0%-45.7%+9997.0%
Net income growth+25.5%+80.1%+383.8%+110.5%+72.7%-35.3%-
Revenue CAGR (3Y)+70.8%+88.2%+97.4%+36.1%---
EBITDA CAGR (3Y)+69.4%+169.6%+182.8%+35.5%---
Profitability & leverage
Net income margin+3.1%+8.7%+7.3%+4.0%+3.2%+3.2%+4.3%
Return on capital employed+32.1%+47.6%+55.4%+16.2%+10.1%+6.2%+13.8%
Return on net worth+31.9%+41.9%+47.7%+13.6%+7.5%+5.5%+10.2%
Debt / equity0.470.200.160.210.120.090.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover25.511.490.966.9314.899.090.00
Efficiency & per share
Fixed asset turnover764.08731.45705.20398.80241.60137.60158.20
Inventory turnover5.028.8814.4931.9032.2117.6419.29
Debtors turnover2.693.653.802.472.181.602.36
EPS (₹)1.1523.1813.872.831.401.643.45
Dividend per share (₹)0.000.130.000.000.000.000.00
Book value per share (₹)11.7976.9735.9722.1119.2835.7533.26

Competitors of Shine Fashions

Shine Fashions has 3 listed competitors in our database, 2 of them funded. They include Bewakoof, Styched and Max Fashion.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bewakoof.com2011Mumbai, India$39.49M161
Multi-category fashion products are sold by an internet-first brand.
styched.in2019Bengaluru, India$925,098
Multi-category fashion for men and women is offered online.
maxfashion.in2006Bengaluru, India671
Internet first brand of clothing, footwear, and accessories for women, men, and kids
Premium access

Detailed competitors of Shine Fashions

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Shine Fashions

The website of Shine Fashions (shinefashions.in) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 77% vs previous month

Top companies in Textile & Yarn Production

3 companies that operate in the same segment as Shine Fashions (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Bicycle manufacturing, sales, and accessory services in India.
1956Gurugram, Haryana, IndiaUSD 246.88 M2,472
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured.
1947Ujjain, Madhya Pradesh, IndiaUSD 18.65 B47,020
Home textile products are manufactured, retailed, and distributed globally.
1985Bengaluru, Karnataka, IndiaUSD 253.24 M8,060
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Shine Fashions

Premium access

Complete news archive for Shine Fashions

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Shine Fashions

Shine Fashions was founded in 2014.

Shine Fashions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Shine Fashions, Shine Fashions (India) Limited, reported revenue of ₹102 Cr for FY 2026, up 25% year on year.

Shine Fashions India Ltd. specializes in producing high-quality interlinings for the apparel sector. They offer products like cotton fusible interlinings, water jet woven types, and waistband interlinings to enhance garment fit and comfort. Based in Mumbai, India, the company focuses on sustainable manufacturing and supplies to global markets. Their activities include trading, importing, and expanding production to meet industry demands.

Shine Fashions's top competitors include Bewakoof, Styched and Max Fashion.

Shine Fashions offers Cotton Interlining, Water Jet Woven Fusible Interlining, Hair Canvas, Waist Band Interlining, and Tricot Interlining.

Yes, Shine Fashions is publicly traded on BSE under the ticker symbol SHINEFASH.

Shine Fashions operates through Shine Fashions (India) Limited.

The legal entities of Shine Fashions currently have 8 directors, including Anil Zaverchand Mehta, Anish Anil Mehta, Nikita Dungarshi Mange and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available