Shine Fashions (India) (BOM:543244) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


BOM:543244 Shine Fashions (India) Ltd BOM:543244
79 GF Score
Price ₹19.57
GF Value ₹56.09
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shine Fashions (India) Research & Development?

Shine Fashions (India) BOM:543244 -5.00% 79 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates BOM:543244 with a GF Score™ of 79/100 and a GF Value™ of ₹56.09 (Possible Value Trap). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shine Fashions (India)'s Research & Development for the six months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Shine Fashions (India)  (BOM:543244) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Shine Fashions (India) Research & Development Related Terms

Shine Fashions (India) Research & Development Historical Data

* Premium members only.

The historical data trend for Shine Fashions (India)'s Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shine Fashions (India) Research & Development Chart

Shine Fashions (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Shine Fashions (India) Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOM:543244
79GF Score
Shine Fashions (India) Ltd BOM:543244
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shine Fashions (India) Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Shine Fashions (India) (BOM:543244) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shine Fashions (India) and its competitors.
Is Shine Fashions (India)'s Research & Development too high?
Shine Fashions (India)'s current Research & Development is ₹0 Mil. Overall, Shine Fashions (India) has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s Research & Development compare to competitors?
Shine Fashions (India)'s Research & Development of ₹0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Manufacturing - Apparel & Accessories company?
A good Research & Development depends on the Manufacturing - Apparel & Accessories industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Shine Fashions (India) and its competitors. Shine Fashions (India)'s current Research & Development is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.09, compared to a current price of ₹19.57 — trading 65.1% below its estimated fair value. The current Research & Development is ₹0 Mil. Shine Fashions (India)'s overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Shine Fashions (India) (BOM:543244), the current Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shine Fashions (India) (BOM:543244) Overvalued in 2026?

Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued. The current stock price of ₹19.57 is trading 65.1% below its estimated GF Value™ of ₹56.09. GuruFocus considers Shine Fashions (India) to be Possible Value Trap.

Key valuation signals for BOM:543244:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹56.09 vs. price of ₹19.57 (65.1% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shine Fashions (India) Business Description

Address L.B.S.Road,Opposite Veena Nagar, 912, 9th Floor, Runwal R Square, Mulund west, Mumbai, MH, IND, 400 080
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
79GF Score

Get the complete analysis for BOM:543244

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹19.57
Price
₹56.09
GF Value