Alpine Texworld IPO Review & Recommendations

Alpine Texworld IPO Peer Comparison

Alpine Texworld Ltd. peer comparison with similar listed entities. (As on March 31, 2025)

Source: All the financial information for listed industry peers mentioned above on a Consolidated basis and is sourced from the annual results as available of the respective company for the year ended March 31, 2025 as available on the website of stock exchanges. The financial information of our Company is based on the restated Consolidated and Standalone financial information for the year ended March 31, 2025.

Notes:

• P/E Ratio has been computed based on the closing market price of equity shares on September 19, 2025, divided by the EPS.
• Return on Net Worth is calculated as restated profit/(loss) for the period/year attributable to the owners of the Company divided by Net Worth.
• "Net worth" means the aggregate value of the paid-up share capital and other equity created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses and miscellaneous expenditure not written off, but does not include reserves created out of revaluation of assets, write back of depreciation and amalgamation as per Restated Consolidated and Standalone Financial Information.
• Net asset value per equity share is calculated as Net worth divided by outstanding number of equity shares at the end of period/year.
• Considering the nature and size of the business of our Company the peers are not strictly comparable. However, above companies are included for broad comparison.