Is Shiva Mills Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shiva Mills Ltd (SHIVAMILLS.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Shiva Mills Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shiva Mills Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shiva Mills Ltd?

Muslim investors may consider investing in Shiva Mills Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Shiva Mills Ltd classified as HALAL?

Musaffa determines the Shariah status of Shiva Mills Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Shiva Mills Ltd updated?

The Shariah compliance status of Shiva Mills Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shiva Mills Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Shiva Mills Ltd?

You can check the latest Shariah compliance status of Shiva Mills Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SHIVAMILLS.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 27, 2026

Report Source: 2026 2nd Quarter Report

Shiva Mills Ltd. Stock Analysis SHIVAMILLS.NS

India Consumer Discretionary Nano Cap Report: Q2, 2026

Shiva Mills Ltd. engages in the manufacture of cotton yarn. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 645 full-time employees. The company went IPO on 2018-02-26. The firm's principal line of business is manufacturing and marketing of cotton yarn. Its divisions include a spinning unit and a windmill. The firm has a spinning unit near Dindigul, Tamil Nadu with an installed capacity of 39072 spindles and 22 windmills with an installed capacity of 10.65 megawatts (MW). The unit specializes in the production of 100% cotton yarn for knitting, counts 20/1 to 40/1. The firm exports around 20% - 30% of cotton yarn produced to far east countries. The firm has installed 22 windmills, having a cumulative capacity of 10.65 MW in the windy sites of Tamil Nadu. This produces around 20 million units (MU) units of green energy, being utilized through captive arrangement.

Key Statistics of Shiva Mills Ltd (SHIVAMILLS.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹63.80₹67.00

Today's Open

₹64.84

Volume

4019.00

P/E Ratio (TTM)

52 Week Range

₹43.01₹86.49

Market Cap

517.47M

Avg. Volume

12.95K

Dividend Yield

Financial Metrics & Statements of Shiva Mills Ltd (SHIVAMILLS.NS)

FAQ's for Shiva Mills Ltd (SHIVAMILLS.NS)

According to Musaffa’s Shariah screening methodology, Shiva Mills Ltd (SHIVAMILLS.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.