7:1 Bonus Share; Record Date-July 25, 2025: Multibagger textile stock with 700% returns; Trades at low PE with high ROE & high ROCE

Shine Fashions (India) Limited has announced a bonus share issuance in a 7:1 ratio, meaning seven new equity shares of Rs. 5 each will be issued for every one existing share of Rs. 5. The Record Date for determining eligible shareholders for this allotment is Friday, July 25, 2025. Subsequently, the Deemed Date of Allotment for 2,16,93,000 fully paid-up bonus equity shares will be Monday, July 28, 2025.

Shine Fashions (India) Ltd, established in 2019, is a textile company that imports and trades various fabrics and textile raw materials. Their product line includes non-interlinking fabrics, woven fusible interlinings, and microdot fusible interlinings, encompassing items like cotton interlining fabric and different polyester lining fabrics.

The company has a market cap of Rs 133 crore and has delivered good profit growth of 83 per cent CAGR over the last 5 years with working capital requirements having reduced from 95.3 days to 71.4 days. The stock is up over 60 per cent from its 52-week low of Rs 269.85 per share and has given multibagger returns of 700 per cent in 5 years. The shares have a low PE of 19x whereas the industry PE is 27x with a high ROE of 42 per cent and a high ROCE of 48 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.