Shine Fashions (India) Ltd

Shine Fashions (India) Ltd – Company Report


1. Company Overview


Shine Fashions (India) Ltd, incorporated in 2019 and headquartered in Mumbai, is a prominent Indian textile enterprise engaged in the importing, trading, and manufacturing of interlining fabrics and textile raw materials. From its beginnings as a local trading firm, the company rapidly diversified into importing specialized interlinings and further evolved to offer an extensive portfolio of woven, non-woven, microdot fusible, and waterjet interlining products targeting both domestic and international apparel markets. Shine Fashions’ mission is to deliver innovative, high-quality support materials that enhance garment durability, function, and aesthetics.

The company has strategically shifted from a pure trading model toward manufacturing and finishing of cotton fusible interlinings and waistband interlinings, with a new manufacturing phase initiated in Maharashtra. Shine Fashions is recognized for its responsible practices, sustainability emphasis, and proactive product innovation to meet the dynamic needs of the fashion and apparel industry.

  • Incorporated: 2019
  • Headquarters: Mumbai, Maharashtra, India
  • Managing Director: Mr. Anish Mehta
  • Listed On: BSE (Code: 543244)
  • Market Capitalization (July 2025): ~₹139–142 crore
  • Certifications: ISO and leading compliance standards

2. Products and Services


Shine Fashions (India) Ltd offers an extensive range of textile and garment support solutions that cater to diverse segments of the apparel, fashion, and garment manufacturing market:

  • Interlining Solutions:

    • Non-woven interlining fabrics for women’s wear, men’s wear, and outerwear
    • Woven fusible and microdot fusible interlinings for shirts, suits, and jackets
    • Waterjet, canvas, hot melt adhesive, and waistband interlinings for high-performance apparel
    • Washable and stable interlinings developed for durability in frequent-use garments
    • Water-soluble interlinings for specialty embroidery and delicate applications
  • Textile Raw Materials:

    • Sourcing and trading of cotton fusible, polyester fusible, and circular knitted fusible interlinings
    • Expansion into non-texturized and thermobond interlinings
  • Finish and Value-Addition:

    • Manufacturing and finishing of custom interlining fabrics
    • Product customization for garment manufacturers and apparel brands
  • Sustainability & Innovation:

    • Responsible use of natural resources, sustainable sourcing, and development attuned to environmental standards

3. Recent News and Financial Performance


Key Highlights:

  • Commissioned manufacturing facilities in Maharashtra to transition from trading to production
  • Launched new product lines including polyester fusible and hot web adhesive interlinings
  • Issued 7:1 bonus shares and increased authorized share capital in July 2025
  • Recognized as a top SME performer and expanded manufacturing capabilities

4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹81.7 crore
Net Profit (PAT) ₹7 crore
Operating Margin 11.6%
Net Profit Margin 8.6%
EPS ₹2.9
Dividend Payout % 0.54%

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales1.71.79
EV / EBITDA13.713.98
Debt / Equity0.250.72
ROE %41.9121.26
ROCE %47.5520.08
P / B5.874.15
Div Yld %0.030.83
P/E19.6724.56
OPM %11.713.22
Qtr Sales Growth YOY %39.9817.11
Qtr Profit Growth YOY %60.6718.39
ROA LAST 12M %16.389.91
Prom. Hold. %68.5365.63
Sales 3Yrs CAGR %88.1428.59
Sales 5Yrs CAGR %59.0320.55
Profit 3Yrs CAGR %161.4553.57
Profit 5Yrs CAGR %82.9634.19

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