Rishab Special Yarns Limited
Introduction
Rishab Special Yarns Limited is a publicly traded corporation that is involved in textile business with the main interest in the production and sale of a yarn product. It is listed in the BSE Limited with security code 514177 and has its headquarters at Mumbai, Maharashtra.
Industry Overview
The company is also part of the industry of textile and yarn manufacturing which contributes greatly to the manufacturing industry in India. The textile sector also presents a significant figure in terms of employment, export and GDP. Nevertheless, global competition, fluctuations in the prices of raw materials, and fluctuation in demand are also some of the challenges that the industry experiences.
Purpose of the Analysis
This analysis will aim at:
Consider the financial position and condition of the company.
Know its business model and structure of management.
Determine the strengths, weaknesses and risks.
Determine the future prospects of the firm.
Company Overview
Rishab Special Yarns Limited is a company that was founded in 1987 and it deals in the textile industry. The registered office of the company is in Lower Parel, Mumbai. It is listed on the Bombay Stock Exchange and it adheres to the regulations of SEBI on the listed companies.
Business Model
The company has traditionally specialized in the production and trade of yarn products that are applied in the textile sector. Nevertheless, the current annual report shows:
The reason is a lack of finances, which is causing the termination of manufacturing activities.
Operating revenues of the company do not occur in FY 2024-25.
This implies that the firm is still at a non-operational or dormant phase.
Key Products / Services
The company has been engaged in the past in:
Production of special yarns
Manufacturing and trading of textile related activities.
No operations of any product or service are reported currently.
Market Position
The company is a small-cap listed firm which operates slightly. It is yet to achieve a market share that is substantial in the textile industry as a result of stagnated operations.
Promoter / Founder
The following are the key leadership members:
Ganesh Yadav -Managing Director.
Anuj Kumar Singh- Executive Director Chief Financial Officer.
Goutam Kumar Bhakat- Independent Director.
Professional Background
Ganesh Yadav, has been hired as Managing Director with a 5-year term beginning April 30, 2025 and roles of strategic and operational management.
Anuj Kumar Singh is a holder of an MBA degree with some experience in the field of business management and IT.
Contribution to Company Development and Strategic choices.
The management team has a role of:
Strategic planning
Financial management
Corporate governance conformity.
Trying to balance the situation of the company and recover its functioning.
Financial Statement
Profit and Loss
Particulars | Mar-23 | Mar-24 | Mar-25 |
Sales | 0.00 | 0.00 | 0.00 |
Gross Profit | -0.04 | -0.04 | -0.03 |
EBITDA | -0.10 | -0.13 | -0.22 |
Depreciation | 0.00 | 0.00 | 0.00 |
Earnings Before Tax (EBT) | -0.10 | -0.13 | -0.22 |
Interest | 0.00 | 0.00 | 0.00 |
Net Profit | -0.09 | -0.13 | -0.22 |
Balance Sheet
Particulars | Mar-23 | Mar-24 | Mar-25 |
Equity Share Capital | 3.57 | 3.57 | 3.57 |
Reserves | -3.10 | -3.23 | -3.44 |
Borrowings | 0.19 | 0.30 | 0.43 |
Other Liabilities | 0.18 | 0.20 | 0.21 |
Total Liabilities | 0.84 | 0.84 | 0.77 |
Fixed Assets | 0.00 | 0.00 | 0.00 |
Current Assets | 0.01 | 0.00 | 0.00 |
Total Assets | 0.84 | 0.84 | 0.77 |
Cash flow Statement
Particulars | Mar-23 | Mar-24 | Mar-25 |
Cash Flow from Operating Activities | 1843 | 973 | 2931 |
Cash Flow from Investing Activities | 433 | 915 | -1507 |
Cash Flow from Financing Activities | 0 | 0 | 0 |
Net Cash Flow | 2276 | 1888 | 1424 |
Ratio Analysis
Particulars | Mar-23 | Mar-24 | Mar-25 |
Sales (Cr) | 0.00 | 0.00 | 0.00 |
Net Profit (Cr) | -0.09 | -0.13 | -0.22 |
Gross Profit (Cr) | -0.04 | -0.04 | -0.03 |
Current Assets (Cr) | 0.01 | 0.00 | 0.00 |
Current Liabilities (Cr) | 0.18 | 0.20 | 0.21 |
Borrowings (Cr) | 0.19 | 0.30 | 0.43 |
Equity (Cr) (Equity + Reserves) | 0.47 | 0.34 | 0.13 |
Interest (Cr) | 0.00 | 0.00 | 0.00 |
Total Assets (Cr) | 0.84 | 0.84 | 0.77 |
Strengths
Regulated and transparent company.
Availability of seasoned directors and important managerial staff.
Possible capacity to finance by equity markets.
Current company organization and management system.
Weaknesses
No operational revenue
Continuous losses
Production operations were put to a stop.
None of the fixed assets recorded in books.
These aspects show severe operational difficulties.
Risk Factors
Major risks include:
Going concern risk
The absence of business operations poses a question of sustainability in the long run.
Financial instability
Losses made continuously without revenues being generated.
Operational risk
Termination of the production activities.
Market competitiveness
The textile industry is very competitive and has a good number of heavy competitors.
Future Outlook
The success of the company is largely pegged on:
Resuming production or business processes.
The capital raising or the investment.
Diversification or restructuring of the strategy in new business.
Long-term sustainability cannot be assured without the revival of operations.
Conclusion
Financial Health Evaluation Final.
According to the financial reports:
Revenue: ₹0
Net Loss: ₹21.55 lakh (FY 2024-25)
This means that the company is weak financially and it is not operating at the moment.
Investment or Performance Perspective.
In investment perspective:
The company is regarded as being high risk.
Inadequate operations and losses present a lot of uncertainty.
Before making investment, investors ought to weigh and watch out on future developments in running of operations.