GANGOTRI - Gangotri Textile

📊 NSE: GANGOTRI 🏢 Textiles - Cotton/Blended 📅 Last Updated: 12/13/2025 22:17

💰 Financial Performance

Revenue Growth by Segment

Revenue from operations was INR 0 for the quarter and half-year ended September 30, 2025, as well as for the full year ended March 31, 2025, representing a 0% growth rate as operations are discontinued.

Geographic Revenue Split

Not disclosed in available documents as the company reported zero revenue across all regions.

Profitability Margins

Gross, Operating, and Net margins are not applicable due to zero revenue. The company reported a net loss of INR 7.49 lakhs for the year ended March 31, 2025, and a net loss of INR 4.36 lakhs for the half-year ended September 30, 2025.

EBITDA Margin

EBITDA margin is not applicable. The operating loss before working capital changes was INR 4.36 lakhs for the half-year ended September 30, 2025, compared to a loss of INR 7.13 lakhs in the previous year period.

Capital Expenditure

Capital expenditure is minimal; tangible assets decreased by 1.58% from INR 2.29 lakhs on September 30, 2024, to INR 2.25 lakhs on September 30, 2025. No major planned CAPEX is disclosed.

Credit Rating & Borrowing

CRISIL suspended its ratings on bank facilities totaling INR 295.02 Cr (2950.2 Million) on June 17, 2014, due to non-cooperation. Current borrowings (other than debt securities) stand at INR 240.47 Cr as of September 30, 2025.

⚙️ Operational Drivers

Raw Materials

Textile raw materials (typically cotton and yarn), but currently represent 0% of costs as manufacturing operations are discontinued.

Import Sources

Not disclosed in available documents as operations are currently halted.

Capacity Expansion

Current tangible assets are valued at only INR 2.25 lakhs; no expansion plans are mentioned as the company lacks resources to maintain existing operations.

Raw Material Costs

Raw material costs were INR 0 for the half-year ended September 30, 2025, reflecting the cessation of production.

Manufacturing Efficiency

Capacity utilization is 0% as the company reported zero revenue from operations and zero cost of materials consumed.

Logistics & Distribution

Distribution costs were 0% of revenue as no products were sold during the period.

📈 Strategic Growth

Expected Growth Rate

Growth Strategy

The company currently has no active growth strategy; operations are discontinued. Any future growth would require a complete financial restructuring of the INR 240.47 Cr debt and a restart of manufacturing facilities, for which the company currently lacks resources.

Products & Services

Textiles and textile-related products (historically), though operations are currently discontinued.

Brand Portfolio

GANGOTRI

New Products/Services

No new product launches were disclosed; expected revenue contribution is 0%.

Market Expansion

No market expansion plans are currently in place.

Market Share & Ranking

The company currently holds a 0% active market share due to discontinued operations.

🌍 External Factors

Industry Trends

The textile industry is moving toward sustainable manufacturing and automation; however, Gangotri is unable to participate in these trends due to its non-operational status and financial distress.

Competitive Landscape

The company is currently non-competitive in the textile landscape, which is dominated by active players with modern machinery and stable credit lines.

Competitive Moat

The company currently possesses no sustainable moat; its historical brand and market position have been eroded by discontinued operations and financial defaults.

Macro Economic Sensitivity

The company is highly sensitive to interest rate changes and credit availability due to its INR 240.47 Cr debt burden.

Consumer Behavior

Shifts in consumer behavior toward branded and sustainable textiles cannot be capitalized upon by the company in its current state.

⚖️ Regulatory & Governance

Industry Regulations

The company is subject to textile manufacturing standards and pollution control norms, though these are not currently active due to the halt in production.

Taxation Policy Impact

The company is subject to standard Indian corporate tax laws, but currently reports losses.

Legal Contingencies

The Income Tax Department has revised a penalty to INR 6.51 Cr (6,51,40,090), which the company has not provided for due to lack of resources. Additionally, the company faces multiple exchange penalties: NSE penalties of INR 34.73 lakhs, INR 6.68 lakhs, INR 4.19 lakhs, and INR 11.81 lakhs; and BSE penalties of INR 4.19 lakhs, INR 9.18 lakhs, and INR 0.42 lakhs.

⚠️ Risk Analysis

Key Uncertainties

There is a 100% uncertainty regarding the company's ability to continue as a going concern given zero revenue, negative cash flows, and INR 240.47 Cr in debt.