Textile stock hits 5% upper circuit after securing orders worth ₹344 Cr

Synopsis: Soma Textiles & Industries Limited hit a 5% upper circuit after securing two domestic construction orders from its holding company totaling ₹343.95 crore.

The shares of the Micro-Cap stock specialising in cotton trading have shifted from its former core business of manufacturing cotton yarn and denim fabrics, has hit a 5 percent upper circuit upon securing work orders worth approximately Rs.  344 Crores.

With a market capitalization of Rs. 367.82 crores on Monday, the shares of Soma Textiles & Industries Ltd hit a 5 percent upper circuit, making a high of Rs. 111.35 per share compared to its previous closing price of Rs. 106.05 per share.

What Happened

Soma Textiles & Industries Limited has informed the stock exchanges about the receipt of two significant construction work orders from its holding company, Roadway Solutions India Infra Limited. 

The first work order pertains to the execution and construction of an Access Controlled Expressway Connector linking the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samrudhi Mahamarg from Jalna to Nanded in the State of Maharashtra. This is a domestic project that must be completed within 24 months from the date of the order, and the total consideration for this contract is Rs. 281.18 crore.

The second work order relates to the execution and construction of an Eight Lane Access access-controlled expressway in the State of Gujarat. Similar to the first project, this contract will be executed in accordance with the agreed contractual terms, applicable standards, and specifications. This is also a domestic project, with a stipulated execution timeline of 12 months from the date of the order, and the total value of this contract is Rs. 62.77 crore.

Roadway Solutions India Infra Limited, the entity awarding both contracts, is the holding company of Soma Textiles & Industries Limited and holds 56.68% of the paid-up equity share capital of the Company. Additionally, Mr. Ameet Harjinder Gadhoke and Mrs. Teja Ranade are promoters of both Roadway Solutions India Infra Limited and Soma Textiles & Industries Limited. 

Financials & Others

The company’s revenue declined drastically from Rs. 3.64 crore in September 2024 to Rs. 0.00 crore in September 2025. Meanwhile, the Net profit from  Rs. 68.17 crore turned to a loss of Rs. 0.63 crore during the same period.

A positive insight about the company is that the promoters have maintained their holdings at 74.98% since September 2024. Additionally, FII holdings increased to 0.05% in September 2025 from nil in September 2024, and DII holdings also rose from 0.04% in September 2024 to 0.10% in September 2025.

Soma Textiles & Industries Ltd. is an Indian public company, established in 1940 (originally as R.B. Rodda & Co.), known for its long history in textiles, manufacturing denim and fabrics, but has transitioned primarily to cotton trading, focusing on increasing shareholder value through corporate governance and modern practices, despite past challenges in the competitive textile market.

The company’s business spans three verticals: Denim Fabric, producing quality denim; Piece Dyed, offering dyed fabrics; and Jeans Wear, creating finished denim garments.

Written by Sridhar J 

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