Vivekanand Cotspin Ltd
Incorporated in July 2015, Vivekanand Cotspin Limited processes cotton and manufactures yarn through ginning and spinning, including trading[1]
- Market Cap ₹ 96.0 Cr.
- Current Price ₹ 43.2
- High / Low ₹ 44.0 / 38.0
- Stock P/E 26.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
* 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
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 8m | Mar 2026 | |
|---|---|---|---|---|---|
| 183 | 302 | 357 | 290 | 408 | |
| 174 | 292 | 343 | 281 | 393 | |
| Operating Profit | 9 | 10 | 15 | 9 | 15 |
| OPM % | 4.8% | 3.1% | 4.2% | 3.2% | 3.7% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 3 | 5 | 4 | 3 | 6 |
| Depreciation | 7 | 6 | 6 | 4 | 6 |
| Profit before tax | -1 | -1 | 5 | 3 | 5 |
| Tax % | -12% | -15% | 31% | -26% | 28% |
| -1 | -1 | 4 | 4 | 4 | |
| EPS in Rs | 2.71 | 2.27 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 16% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 0.00 | 15 | 16 |
| Reserves | 32 | 32 | 22 | 2 | 13 |
| 42 | 32 | 40 | 55 | 45 | |
| 9 | 8 | 22 | 16 | 11 | |
| Total Liabilities | 83 | 72 | 85 | 88 | 85 |
| 48 | 42 | 51 | 46 | 43 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 36 | 30 | 33 | 42 | 42 | |
| Total Assets | 83 | 72 | 85 | 88 | 85 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -2 | 15 | 24 | -11 | 9 | |
| -4 | 0 | -15 | -0 | -1 | |
| 5 | -14 | -10 | 11 | -7 | |
| Net Cash Flow | -1 | 1 | -1 | 0 | 0 |
| Free Cash Flow | -6 | 15 | 9 | -11 | 6 |
| CFO/OP | -18% | 159% | 163% | -107% | 67% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 2 | 12 | 2 | 19 | 11 |
| Inventory Days | 52 | 21 | 29 | 24 | 24 |
| Days Payable | 1 | 3 | 17 | 8 | 2 |
| Cash Conversion Cycle | 53 | 30 | 14 | 35 | 32 |
| Working Capital Days | 23 | 2 | -8 | 5 | 3 |
| ROCE % | 6% | 15% | 9% | 15% |
Business Overview:[1][2]
Vivekanand Cotspin is a Gujarat-based
cotton processing and yarn manufacturing company engaged primarily in cotton ginning and spinning. The company processes raw cotton (kapas) into cotton bales and cotton
seed through ginning, while its spinning unit converts ginned cotton into cotton yarn. It
also trades cotton bales and cotton yarn to
meet customer requirements.
The company manufactures cotton bales,
cotton yarn, cotton yarn waste, and cotton seed. Its yarn portfolio includes carded and combed yarn in different counts and grades, catering to textile mills and other fabric manufacturers in domestic & international markets.