Microcap Textile shares: Candour Techtex came into the spotlight after the company received two important orders that pushed its share price higher. The company works in textiles, plastics, and many other materials. Many investors started to watch the stock closely after the news spread that the company got its first trial order from DRDO and another big order from Reliance Industries.
The company has a market value of Rs 274 crore. Its share price touched Rs 146.75 during the day, which is 4% higher than the previous close of Rs 141.50. Over the last five years, the stock gained 156%, which is more than the NIFTY 50’s return of 104%.
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Details of the New Orders
Candour Techtex said in its stock exchange update that it received a trial order for 6,700 meters of laminated fabric meant for parachutes. The order came from MS Oriental Weaving & Processing Mills Pvt Ltd in Thane, Mumbai. This company supplies materials to the Aerial Delivery Research and Development Establishment, also called ADRDE. ADRDE will send the fabric to its lab in Agra. ADRDE works under DRDO which is known as the Indian Defence Research and Development Organisation.
The company explained that ADRDE checked the fabric with strict testing and gave approval. After that, ADRDE contacted Candour Techtex directly and asked for special coated and laminated fabrics. ADRDE also gave the company a sampling order.
Along with this, Candour Techtex also won another order worth Rs 1 crore from Reliance Industries Ltd. This project involves lamination work on 1,00,000 meters of fabric used in the automotive sector. The company expects to finish this work by March 2026. Talks for more orders for FY 2026–27 have already begun. Both orders show that more people now trust Candour Techtex for high-quality laminated and coated fabrics used in defence and industrial fields.
Company Performance In Q2
The company’s revenue in Q2 FY26 dropped a lot. It earned Rs 10.29 crore, which is a 74% fall from Rs 39.76 crore in Q2 FY25. The revenue also went down 69% from Rs 33.67 crore on a quarter-to-quarter basis. Candour Techtex recorded a net loss of Rs 1.08 crore in Q2 FY26. This is a sharp change from its profit of Rs 53 lakh in Q2 FY25. The loss also grew when compared to the previous quarter, where it lost Rs 92 lakh.
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Candour Techtex works in the technical textiles space and makes many products for different industries. The company sells materials used in healthcare, farming, packaging, construction, automotive, and home items. It produces things like medical disposables, farming nets, fire-resistant and bullet-proof clothing, flooring and wall coverings, industrial brushes, belts, ropes, car seat fabrics, sports nets, parachutes, geotextiles, and even recycling products.
