Shiva Texyarn Ltd share price gained 2.03% to Rs 168.35 after the company's net profit surged by 500% to Rs 1.86 crore, while revenue from operations declined 10.93% to Rs 73.81 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.68 lakh crore, rising 4.79%. It has marginally improved by 2.83% over last one week and advanced by 14.58% in last one month while the market capitalization of Shiva Texyarn Ltd has improved by 3.60% and 0.15% in the same period respectively. Profit before tax (PBT) of Shiva Texyarn Ltd stood at Rs 2.4 crore in Q2 FY26, nosediving by 16.96% year-on-year, and jumping 160.87% quarter-on-quarter. EBITDA came in at Rs 7 crore, plunging by 21.90% YoY and crashing by 478.65% sequentially. Total expenses reduced by 16.68% to Rs 69.84 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 29.18 crore, easing 3.66% YoY, while employee benefits expense was at Rs 13.77 crore, falling 8.44% YoY. For the TTM ended FY26, revenue from operations grew marginally by 5.52% to Rs 340.52 crore, while net profit declined by 15.34% to Rs 10.21 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3090% to Rs 28.4 crore, and PBT jumped 38.40% to Rs 13.48 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 49.79 crore in FY26, as against Rs 13.34 crore in FY25. Shiva Texyarn Ltd tumbled by 14.87% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.64% during the same period.
