Axita Cotton Ltd
Incorporated in 2013, Axita Cotton Ltd is in the business of manufacturing, trading, processing, and finishing of cotton bales and yarn[1]
- Market Cap ₹ 313 Cr.
- Current Price ₹ 9.00
- High / Low ₹ 21.3 / 8.95
- Stock P/E 522
- Book Value ₹ 1.81
- Dividend Yield 1.45 %
- ROCE 2.33 %
- ROE 0.94 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.8%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.15% over past five years.
- Earnings include an other income of Rs.2.10 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -30.4%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
123 | 213 | 484 | 619 | 818 | 548 | 1,102 | 653 | |
120 | 210 | 481 | 610 | 808 | 525 | 1,075 | 651 | |
Operating Profit | 3 | 3 | 4 | 9 | 10 | 23 | 27 | 1 |
OPM % | 2% | 1% | 1% | 1% | 1% | 4% | 2% | 0% |
1 | 0 | 0 | 0 | 13 | 2 | 2 | 2 | |
Interest | 2 | 2 | 3 | 3 | 2 | 1 | 1 | 1 |
Depreciation | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 1 | 1 | 1 | 5 | 20 | 23 | 27 | 2 |
Tax % | -4% | 32% | 35% | 31% | 24% | 26% | 25% | 30% |
1 | 0 | 0 | 4 | 15 | 17 | 20 | 1 | |
EPS in Rs | 0.09 | 0.01 | 0.01 | 0.11 | 0.44 | 0.49 | 0.58 | 0.03 |
Dividend Payout % | 0% | 0% | 0% | 0% | 6% | 12% | 13% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | -7% |
TTM: | -41% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | -66% |
TTM: | -97% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | -12% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 23% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 7 | 13 | 13 | 20 | 20 | 26 | 35 |
Reserves | 1 | 11 | 5 | 9 | 17 | 33 | 38 | 28 |
17 | 15 | 15 | 14 | 0 | 6 | 25 | 1 | |
2 | 5 | 32 | 71 | 72 | 22 | 8 | 12 | |
Total Liabilities | 23 | 38 | 64 | 107 | 109 | 81 | 98 | 76 |
4 | 4 | 3 | 3 | 3 | 10 | 9 | 5 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 |
18 | 34 | 61 | 104 | 106 | 71 | 89 | 64 | |
Total Assets | 23 | 38 | 64 | 107 | 109 | 81 | 98 | 76 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
1 | -11 | 6 | 4 | 9 | 7 | -13 | 45 | |
-0 | -0 | -0 | -0 | -0 | -1 | 1 | -11 | |
0 | 11 | -3 | -2 | -16 | -2 | 10 | -30 | |
Net Cash Flow | 0 | 0 | 2 | 1 | -6 | 5 | -2 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 18 | 31 | 42 | 33 | 29 | 13 | 18 |
Inventory Days | 20 | 18 | 4 | 6 | 2 | 5 | 7 | 1 |
Days Payable | 1 | 6 | 21 | 34 | 32 | 10 | 1 | 7 |
Cash Conversion Cycle | 50 | 30 | 14 | 14 | 3 | 24 | 18 | 12 |
Working Capital Days | 46 | 48 | 19 | 13 | 13 | 27 | 25 | 24 |
ROCE % | 9% | 11% | 26% | 61% | 49% | 38% | 2% |
Documents
Announcements
-
Disclosure Of Appointment Of A Cost Auditor Of The Company For FY 2025-26.
2d - Appointed M/s. Reena Patadiya & Co. as cost auditor for FY 2025-26.
-
Disclosure Of Appointment Of A Secretarial Auditor Of The Company.
2d - Appointment of secretarial auditor PRT & Associates for five years from FY 2025-26 to 2029-30.
-
Disclosure Of Appointment Of An Internal Auditor Of The Company For FY 2025-26
2d - Appointment of R J and Associates as internal auditor for FY 2025-26.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Friday, June 27, 2025
2d - Board approved sale of subsidiary stake for Rs. 55,000, MDs' remuneration revisions, director re-appointment, and auditor appointments.
-
Closure of Trading Window
27 Jun - Trading window closed from July 1, 2025, till 48 hours after June 30, 2025 quarter results.
Annual reports
Concalls
-
Jan 2023TranscriptNotesPPT
Business Overview:[1]
ACL is a part of the Axita Group. It is a manufacturer and exporter of cotton products. The company specializes in producing a wide range of cotton bales, including Shankar-6 and MCU-5/MECH varieties.