About Shiva mills
Shiva mills is a publicly listed company based in Coimbatore (India) founded in 2015. Quality yarn and textile fabric are manufactured by Shiva Mills. The company has 645 employees. Its Indian entity Shiva Mills Limited reported revenue of ₹140 Cr. Shiva mills offers products and services including Cotton Yarn and Wind Power. Its focus areas include Chemicals and Materials and Textile Yarn.
Company details
Shiva Mills was established in 2015 in Coimbatore, India, focusing on the textile sector. Yarn and fabric production form the core operations, with manufacturing processes centered in the region. The company is led by Managing Director and Chairman S V Alagappan. Activities emphasize standard textile outputs for domestic and potential international markets, maintaining a base in southern India.
- Headquarters Coimbatore, India
- Employees 645
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website shivamills.com
- Legal Name Shiva Mills Ltd.
- Market Cap₹50.50 Cr
SHIVAMILLS · NSE
- Share Price₹57.87
-0.98% today
- Revenue₹139 Cr
FY 2025-26 · -17.8% YoY
- EBITDA₹5.70 Cr
Margin 4.1%
- Net Profit−₹0.73 Cr
FY 2025-26 · +81.8% YoY
- P/E (TTM)14.3x
P/B 0.5x
- ROE-0.8%
ROCE -0.7%
- Debt / Equity0.05
Interest cover -32.5x
- Employee Count645
Associated legal entities of Shiva mills
Shiva mills operates through Shiva 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 |
|---|---|---|---|---|---|---|---|
| Shiva Mills Limited Listed CIN L17111TZ2015PLC022007 | Active | 24 Nov 2015 | Coimbatore, Tamil Nadu | ₹140 Cr | 731 | 9 | View details |
Products & Services of Shiva mills
Shiva mills offers a comprehensive portfolio of products and services, including Cotton Yarn and Wind Power.
Cotton yarn is produced for hosiery and woven applications, with a daily capacity of 20 tons from a spinning unit equipped with 39072 spindles.
Wind power is generated as a renewable energy source to support captive power needs, enhancing cost efficiency in operations.
Board of directors of Shiva Mills Limited (Shiva mills)
Shiva Mills Limited is the primary company behind Shiva mills. The board of Shiva Mills Limited currently have 7 directors; the longest-serving is Sangampalayam Vedanayagam Alagappan, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sangampalayam Vedanayagam Alagappan DIN 00002450 | Managing Director | 24 Nov 2015 | 10 yrs 11 mo | Shiva Mills Limited |
| Sangampalayam Kandasami Sundararaman DIN 00002691 | Director | 24 Nov 2015 | 10 yrs 11 mo | Shiva Mills Limited |
| Chellamuthu Sivasamy DIN 00002921 | Director | 31 Aug 2017 | 9 yrs 1 mo | Shiva Mills Limited |
| Sennimalai Gounder Palaniswami DIN 00007901 | Director | 31 Aug 2017 | 9 yrs 1 mo | Shiva Mills Limited |
| Sivakumar Lalitha DIN 00003688 | Managing Director | 25 Dec 2017 | 8 yrs 10 mo | Shiva Mills Limited |
| Mylswamy Ganeshkumar DIN 10175966 | Director | 26 Jun 2023 | 3 yrs 4 mo | Shiva Mills Limited |
| Karuppusamy Manikandan DIN 10674837 | Director | 28 Jun 2024 | 2 yrs 4 mo | Shiva Mills Limited |
People of Shiva mills
1 people are tracked at Shiva mills (1 in leadership); the tracked headcount is 645.
| Name | Role | Group |
|---|---|---|
S V Alagappan | Managing Director & Chairman | Leadership |
Complete people profiles for Shiva mills
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IPO & Listings of Shiva mills
Shiva mills is a publicly listed company on the NSE with ticker symbol SHIVAMILLS 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 date28 Feb 2018
- Listed onBSE: 540961
- Listed entityShiva Mills Ltd.
- Exchange sectorProcess industries
- ISININE644Y01017
- Share price₹57.41 (+0.1% on the day) · 2026-10-14
- Market capitalisation₹50.4 Cr
- Price to earnings14.8
- EPS (diluted, trailing year)₹3.89
- Volume (last session)365
Financials of Shiva mills
Exchange-reported figures of Shiva Mills Limited, the listed company behind Shiva mills (NSE: SHIVAMILLS).
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 | 139 | 169 | 158 | 159 | 213 | 139 | 164 |
| Revenue growth | -17.8% | +7.2% | -0.7% | -25.3% | +53.2% | -15.4% | - |
| EBITDA | 5.70 | 2.21 | 2.65 | (1.80) | 30.33 | 20.18 | 12.21 |
| EBITDA margin | +4.1% | +1.3% | +1.7% | -1.1% | +14.2% | +14.5% | +7.4% |
| Profit before tax | (0.46) | (4.25) | (3.93) | (7.48) | 24.51 | 12.21 | 1.51 |
| Net profit | (0.73) | (4.00) | (3.67) | (7.72) | 17.66 | 8.55 | 1.14 |
| Net profit margin | -0.5% | -2.4% | -2.3% | -4.9% | +8.3% | +6.2% | +0.7% |
| EPS (₹) | (0.10) | (4.41) | (3.76) | (8.28) | 20.43 | 9.90 | 1.32 |
| Balance sheet | |||||||
| Total assets | 92.96 | 103 | 107 | 99.90 | 116 | 94.56 | 123 |
| Net worth | 92.49 | 92.41 | 96.18 | 99.86 | 108 | 90.72 | 82.33 |
| Total debt | 0.00 | 9.89 | 10.30 | 0.00 | 7.93 | 3.83 | 40.47 |
| Cash & bank | 5.04 | 0.39 | 0.63 | 11.06 | 1.95 | 3.86 | 0.42 |
| Net working capital | 36.60 | 41.39 | 41.77 | 32.19 | 51.74 | 26.50 | 48.38 |
| Cash flow | |||||||
| Cash from operations | 16.24 | 4.05 | (17.31) | 27.38 | (3.10) | 42.58 | 16.35 |
| Cash from investing | (1.31) | (2.65) | (2.66) | (8.35) | (1.22) | (0.11) | (1.13) |
| Cash from financing | (10.28) | (1.64) | 9.53 | (9.92) | 2.42 | (39.12) | (19.70) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 38.10 | 36.87 | 34.26 | 30.44 | 37.56 | 41.04 | 35.98 | 48.07 |
| Revenue growth (YoY) | +1.4% | -10.2% | -4.8% | -36.7% | -15.1% | - | - | - |
| Other income | 0.52 | 0.49 | 0.39 | 0.23 | 0.10 | 0.51 | 0.57 | 0.12 |
| Total expenses | 33.56 | 34.26 | 33.63 | 29.07 | 36.50 | 40.37 | 36.08 | 47.10 |
| EBITDA | 4.54 | 2.61 | 0.63 | 1.37 | 1.06 | 0.67 | (0.10) | 0.97 |
| EBITDA margin | +11.9% | +7.1% | +1.8% | +4.5% | +2.8% | +1.6% | -0.3% | +2.0% |
| Depreciation | 1.64 | 1.71 | 1.83 | 1.75 | 1.67 | 1.70 | 1.71 | 1.68 |
| Interest | 0.02 | 0.03 | 0.08 | 0.13 | 0.16 | 0.35 | 0.26 | 0.29 |
| Profit before tax | 3.40 | 1.36 | (0.89) | (0.28) | (0.67) | (0.87) | (1.50) | (0.88) |
| Tax | 0.56 | (0.05) | (0.18) | (0.12) | (0.04) | (0.10) | (0.04) | (0.16) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 38.10 | 36.87 | 34.26 | 30.44 | 37.56 | 41.04 | 35.98 | 48.07 |
| Revenue growth (YoY) | +1.4% | -10.2% | -4.8% | -36.7% | -15.1% | - | - | - |
| Other income | 0.52 | 0.49 | 0.39 | 0.23 | 0.10 | 0.51 | 0.57 | 0.12 |
| Total expenses | 33.56 | 34.26 | 33.63 | 29.07 | 36.50 | 40.37 | 36.08 | 47.10 |
| EBITDA | 4.54 | 2.61 | 0.63 | 1.37 | 1.06 | 0.67 | (0.10) | 0.97 |
| EBITDA margin | +11.9% | +7.1% | +1.8% | +4.5% | +2.8% | +1.6% | -0.3% | +2.0% |
| Depreciation | 1.64 | 1.71 | 1.83 | 1.75 | 1.67 | 1.70 | 1.71 | 1.68 |
| Interest | 0.02 | 0.03 | 0.08 | 0.13 | 0.16 | 0.35 | 0.26 | 0.29 |
| Profit before tax | 3.40 | 1.36 | (0.89) | (0.28) | (0.67) | (0.87) | (1.50) | (0.88) |
| Tax | 0.56 | (0.05) | (0.18) | (0.12) | (0.04) | (0.10) | (0.04) | (0.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 139 | 169 | 158 | 159 | 213 | 139 | 164 |
| Revenue growth | -17.8% | +7.2% | -0.7% | -25.3% | +53.2% | -15.4% | - |
| Other income | 1.21 | 1.54 | 0.90 | 1.32 | 0.68 | 0.25 | 0.39 |
| Total expenses | 133 | 167 | 155 | 161 | 183 | 119 | 152 |
| Employee cost | 15.03 | 16.63 | 15.45 | 13.72 | 19.61 | 14.04 | 16.07 |
| EBITDA | 5.70 | 2.21 | 2.65 | (1.80) | 30.33 | 20.18 | 12.21 |
| EBITDA margin | +4.1% | +1.3% | +1.7% | -1.1% | +14.2% | +14.5% | +7.4% |
| Depreciation | 6.96 | 6.76 | 6.72 | 6.05 | 5.71 | 5.68 | 5.41 |
| Interest | 0.41 | 1.24 | 0.76 | 0.95 | 0.79 | 2.54 | 5.68 |
| Profit before tax | (0.46) | (4.25) | (3.93) | (7.48) | 24.51 | 12.21 | 1.51 |
| Tax | (0.38) | (0.44) | (0.68) | (0.31) | 6.85 | 3.66 | 0.37 |
| Net profit | (0.73) | (4.00) | (3.67) | (7.72) | 17.66 | 8.55 | 1.14 |
| Net profit margin | -0.5% | -2.4% | -2.3% | -4.9% | +8.3% | +6.2% | +0.7% |
| EPS (₹) | (0.10) | (4.41) | (3.76) | (8.28) | 20.43 | 9.90 | 1.32 |
| 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 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 |
| Reserves & surplus | 83.85 | 83.77 | 87.54 | 91.22 | 99.08 | 82.08 | 73.69 |
| Shareholders' funds (net worth) | 92.49 | 92.41 | 96.18 | 99.86 | 108 | 90.72 | 82.33 |
| Secured loans | 0.00 | 9.89 | 10.30 | 0.00 | 7.10 | 3.78 | 40.47 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.83 | 0.05 | 0.00 |
| Total debt | 0.00 | 9.89 | 10.30 | 0.00 | 7.93 | 3.83 | 40.47 |
| Total liabilities | 92.96 | 103 | 107 | 99.90 | 116 | 94.56 | 123 |
| Assets | |||||||
| Gross block | 108 | 108 | 107 | 102 | 97.31 | 96.39 | 96.22 |
| Net block | 55.15 | 60.16 | 63.98 | 65.23 | 65.59 | 70.38 | 75.90 |
| Capital work in progress | 0.09 | 0.14 | 0.06 | 2.70 | 0.00 | 0.00 | 0.00 |
| Investments | 0.60 | 0.60 | 0.60 | 0.60 | 0.42 | 0.00 | 0.03 |
| Inventories | 29.35 | 25.70 | 31.59 | 15.60 | 44.56 | 26.90 | 33.59 |
| Sundry debtors | 12.25 | 26.92 | 19.92 | 14.22 | 15.24 | 10.59 | 26.50 |
| Cash & bank balances | 5.04 | 0.39 | 0.63 | 11.06 | 1.95 | 3.86 | 0.42 |
| Loans & advances | 3.24 | 2.64 | 3.60 | 4.57 | 3.33 | 1.72 | 2.00 |
| Total current assets | 49.88 | 55.65 | 55.74 | 45.45 | 65.08 | 43.07 | 62.51 |
| Total current liabilities | 13.28 | 14.26 | 13.97 | 13.26 | 13.34 | 16.57 | 14.13 |
| Net working capital | 36.60 | 41.39 | 41.77 | 32.19 | 51.74 | 26.50 | 48.38 |
| Total assets | 92.96 | 103 | 107 | 99.90 | 116 | 94.56 | 123 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.39 | 0.63 | 11.06 | 1.95 | 3.86 | 0.42 | 4.81 |
| Net cash from operating activities | 16.24 | 4.05 | (17.31) | 27.38 | (3.10) | 42.58 | 16.35 |
| Net cash from investing activities | (1.31) | (2.65) | (2.66) | (8.35) | (1.22) | (0.11) | (1.13) |
| Net cash from financing activities | (10.28) | (1.64) | 9.53 | (9.92) | 2.42 | (39.12) | (19.70) |
| Net change in cash | 4.65 | (0.24) | (10.43) | 9.12 | (1.91) | 3.35 | (4.48) |
| Closing cash | 5.04 | 0.39 | 0.63 | 11.06 | 1.95 | 3.86 | 0.42 |
| 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 | -17.8% | +7.2% | -0.7% | -25.3% | +53.2% | -15.4% | - |
| EBITDA growth | +157.9% | -16.6% | +247.2% | -105.9% | +50.3% | +65.3% | - |
| PBT growth | +89.2% | -8.1% | +47.5% | - | +100.7% | +708.6% | -80.1% |
| Net income growth | +81.8% | -9.0% | +52.5% | -143.7% | +106.6% | +650.0% | - |
| Revenue CAGR (3Y) | -4.4% | -7.4% | +4.4% | -1.1% | +6.7% | -6.4% | -1.1% |
| EBITDA CAGR (3Y) | - | -58.2% | -49.2% | - | +15.6% | +7.4% | -17.1% |
| Profitability & leverage | |||||||
| Net income margin | -0.1% | -2.3% | -2.1% | -4.5% | +8.3% | +6.2% | +0.7% |
| Return on capital employed | -0.7% | -2.9% | -3.5% | -6.1% | +24.1% | +13.6% | +5.6% |
| Return on net worth | -0.8% | -4.0% | -3.7% | -6.9% | +17.8% | +9.9% | +1.4% |
| Debt / equity | 0.05 | 0.11 | 0.05 | 0.04 | 0.06 | 0.26 | 0.57 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 |
| Interest cover | -32.54 | -27.25 | -18.67 | -12.10 | 3.21 | 17.52 | 83.53 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.28 | 1.57 | 1.50 | 1.59 | 2.20 | 1.44 | 1.72 |
| Inventory turnover | 5.06 | 5.91 | 6.69 | 5.29 | 5.96 | 4.59 | 4.53 |
| Debtors turnover | 7.10 | 7.23 | 9.25 | 10.80 | 16.49 | 7.49 | 6.16 |
| EPS (₹) | (0.10) | (4.41) | (3.76) | (8.28) | 20.43 | 9.90 | 1.32 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 1.20 | 1.00 | 0.00 |
| Book value per share (₹) | 107.03 | 106.93 | 111.30 | 115.55 | 124.65 | 104.99 | 95.27 |
Top companies in Textile & Yarn Production
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|---|---|---|---|---|---|---|
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 | 47,020 | ||
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 Shiva mills
Shiva mills was founded in 2015.
Shiva mills is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Shiva mills has 645 employees.
The primary company behind Shiva mills, Shiva Mills Limited, reported revenue of ₹140 Cr for FY 2026, down 18% year on year.
Shiva Mills was established in 2015 in Coimbatore, India, focusing on the textile sector. Yarn and fabric production form the core operations, with manufacturing processes centered in the region. The company is led by Managing Director and Chairman S V Alagappan. Activities emphasize standard textile outputs for domestic and potential international markets, maintaining a base in southern India.
Shiva mills offers Cotton Yarn and Wind Power.
Yes, Shiva mills is publicly traded on NSE under the ticker symbol SHIVAMILLS.
Shiva mills operates through Shiva Mills Limited.
The legal entities of Shiva mills currently have 9 directors, including Chellamuthu Sivasamy, Sennimalai Gounder Palaniswami, Sangampalayam Vedanayagam Alagappan and others.