1 Stock Double Benefit: 4th July Declared As Record Date For 7:1 Bonus Shares & 2.5% Dividend; Buy Now?

An Indian business called Shine Fashions (India) Ltd is mainly involved in the importation, distribution, and trade of interlining textiles, which are essential to the making of garments. With a market valuation of Rs 113.70 Cr, Shine Fashions (India)'s shares closed Friday, June 6th, 3.28% higher at Rs 378 a share.

Shine Fashions Dividend

"The Board of Directors in their previous meeting held on 06.05.2025, has recommended dividend of Rs 12.50 paisa per equity shares of Rs. 5/- each (2.5%) fully paid up for the Financial Year 2024-25, subject to the approval of the shareholders at the ensuing 6th Annual General Meeting. The Board has fixed Friday, 4th July, 2025 as the Record date for determining the entitlement of members for the proposed Dividend," said Shine Fashions in a stock exchange filing.

Shine Fashions Bonus Shares

"This is to inform you that the Company has fixed Friday, 4th July, 2025 as the record date for the purpose of determining the eligibility of shareholders for issuance of Bonus Shares in the ratio of 7:1 ie., Seven (7) new equity share of Rs.5/- (Five) each for every one (1) existing equity share(s) of Rs.5/- (Five), subject to the approval of shareholders in the ensuing Annual General Meeting," confirmed Shine Fashions in a regulatory filing.

Shine Fashions Financials

With total sales increasing to Rs 80.46 crore in FY25 from Rs 52.89 crore in FY24, Shine Fashions (India) Ltd recorded a great financial performance in FY25, indicating substantial year-on-year growth. While operating margins were solid at around 12.5%, the company's net profit jumped to Rs 6.97 crore from Rs 3.87 Cr in FY24, equivalent to a respectable net margin of about 8.7%. High capital efficiency was shown by the remarkable key return ratios, which included Return on Equity (ROE) at 41.9% and Return on Capital Employed (ROCE) at 51%. With a low debt-to-equity ratio of 0.25 and an austere capital structure, the firm enhanced its liquidity position by holding Rs 13 crore in cash and equivalents.

Shine Fashions Share Price Target

"Shine Fashions stock price is slightly sideways to bullish on the Daily charts with strong support at 356. A Daily close above resistance of 389 could lead to a target of 450 in the near term," commented A R Ramachandran, independent research analyst.

Disclaimer

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