Is Spunweb Nonwoven the Best Stock in Its Sector? A Look at the Numbers

Is Spunweb Nonwoven the best stock in its sector? The stock trades on the NSE at Rs 126 as of 21 October 2026, within its 52-week range of Rs 80.00 to Rs 164.45. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.

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About Spunweb Nonwoven

Spunweb Nonwoven Ltd is a manufacturer and supplier of nonwoven fabrics, and company information says it was incorporated in 2015. Its fabrics are primarily used for doormats, bags, carpets and tarpaulins. It makes polypropylene spunbond nonwoven fabrics and is described as one of the largest makers in India. It serves hygiene, healthcare, packaging, agriculture, construction, industrial and home furnishing users, with installed capacity of 32,640 MTPA as of FY24. At a market capitalisation of Rs 303 Cr, it is tracked as part of the Nonwoven Fabrics sector on Univest.

Is Spunweb Nonwoven the Best Stock in Its Sector?

Spunweb Nonwoven makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. Spunweb Nonwoven's 13.16x P/E is below the 30.35x Industry P/E, Styrenix Performance Materials at 13.32x and Bhansali Engineering Polymers at 16.31x, while its 18.74% ROE is higher than Styrenix Performance Materials at 13.38% and Bhansali Engineering Polymers at 16.63%, and its debt to equity ratio of 0.63 is above Styrenix Performance Materials at 0.24 and Bhansali Engineering Polymers at 0.00.

Metric	Spunweb Nonwoven
CMP (NSE)	Rs 125.90
52-Week High / Low	Rs 164.45 / Rs 80.00
Market Cap	Rs 303 Cr
P/E (TTM) vs Industry P/E	13.16x vs 30.35x
P/B	2.47
ROE	18.74%
EPS (TTM)	Rs 9.57
Dividend Yield	0.00%
Debt to Equity	0.63

Compare Spunweb Nonwoven Against Other Nonwoven Fabrics Sector Stocks

How Spunweb Nonwoven Compares Against Its Nonwoven Fabrics Sector Peers

The table below sets Spunweb Nonwoven against 2 other Nonwoven Fabrics sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Spunweb Nonwoven	303	13.16	18.74%	0.63
Styrenix Performance Materials	3,635	13.32	13.38%	0.24
Bhansali Engineering Polymers	3,259	16.31	16.63%	0.00
Peer average (2 companies)	-	14.81	15.00%	0.12

Measured against the peer averages, Spunweb Nonwoven's P/E is 11 percent below the 14.81x average, and its ROE is 3.73 percentage points above the 15.00% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.

What Makes Spunweb Nonwoven Worth Watching in Nonwoven Fabrics

• Scale: At Rs 303 Cr, its market capitalisation is smaller than Styrenix Performance Materials (Rs 3,635 Cr) and Bhansali Engineering Polymers (Rs 3,259 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
• Sector drivers: Polypropylene prices, plant utilisation and demand from hygiene and packaging users decide its volumes and margins.
• Key risk: Polypropylene is a petrochemical input whose price can swing, and a mid sized converter may find it hard to pass on every increase. Its borrowing is also moderate for its size.

Spunweb Nonwoven Valuation: Is It Justified?

At a P/B ratio of 2.47, the market pays about Rs 2.47 for every rupee of book value, and the EPS (TTM) of Rs 9.57 is the earnings base behind the P/E. The stock trades about 23 percent below its 52-week high and about 57 percent above its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.

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Download the Univest iOS App or Univest Android App to track Spunweb Nonwoven and other Nonwoven Fabrics sector stocks.

How to Track Spunweb Nonwoven Before You Invest

Before deciding whether Spunweb Nonwoven deserves its label as the best stock in its sector for your own portfolio, compare it directly against Nonwoven Fabrics sector peers using the steps below.

1. Open the Univest Screener and search for Spunweb Nonwoven to view live price, valuation ratios, and peer comparisons within the Nonwoven Fabrics sector.
2. Compare its P/E, P/B, and ROE against other Nonwoven Fabrics sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Spunweb Nonwoven gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Nonwoven Fabrics depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Spunweb Nonwoven the best stock in its sector?

Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Spunweb Nonwoven has an 18.74% ROE and trades at 13.16x P/E against a 30.35x Industry P/E. Against the 2 peers compared in this article, its ROE is above the 15.00% peer average and its P/E is below the 14.81x peer average. Its debt to equity ratio of 0.63 is above the 0.12 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.

What is the current share price of Spunweb Nonwoven?

Ans. Spunweb Nonwoven was trading at Rs 125.90 on the NSE as of 21 October 2026, and its 52-week range runs from Rs 80.00 to Rs 164.45. That leaves the share price 23 percent short of the 52-week high and 57 percent clear of the 52-week low. Its market capitalisation is Rs 303 Cr and its EPS (TTM) is Rs 9.57, which is the earnings figure behind the 13.16x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.

What sector does Spunweb Nonwoven belong to?

Ans. Spunweb Nonwoven is classified under the Nonwoven Fabrics sector on Univest, and that group of listed companies is the reference point for the 30.35x Industry P/E used in this article. The 2 named peers compared here are Styrenix Performance Materials and Bhansali Engineering Polymers, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Nonwoven Fabrics sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.

How does Spunweb Nonwoven compare to its sector peers on P/E?

Ans. Spunweb Nonwoven's P/E of 13.16x is below the 14.81x average of the 2 named peers, with Styrenix Performance Materials at 13.32x and Bhansali Engineering Polymers at 16.31x. It also sits below the 30.35x Industry P/E, which is the benchmark for the wider Nonwoven Fabrics sector. A P/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 2.47 gives one more view of how the market values its book value.

What is Spunweb Nonwoven's return on equity?

Ans. Spunweb Nonwoven reported a return on equity of 18.74%, which is above the 15.00% average of its named peers, with Styrenix Performance Materials at 13.38% and Bhansali Engineering Polymers at 16.63%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.63 against a peer average of 0.12. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.

Should I invest in Spunweb Nonwoven based on its sector position?

Ans. Sector position is only one input into an investment decision. Spunweb Nonwoven has an 18.74% ROE and a 13.16x P/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.