AB Cotspin India Ltd

AB Cotspin India Ltd

₹ 440 -2.21%
13 Jun - close price
About

Incorporated in 1997, A B Cotspin India Ltd is in the business of manufacturing of cotton yarn, knitted fabric, cottonseed oil and oil cakes[1]

Key Points

Business Overview:[1]
a) ABCIL is in the business of cotton ginning, manufacturing & trading of cotton yarn and fabrics both combed and karded
b) It sells its products to textile in Punjab and Haryana
c) Company is also engaged in extraction of oil and production of cakes from cotton seeds (by-product of the ginning process)
d) It manufactures yarn in various types including 100% cotton yarn of counts 20-30s, double yarn of counts 20-30s, slub yarn, etc.
e) Company produces knitted fabrics, which includes combed, carded, and slub fabrics
f) The requirement of yarn of knitted fabric manufacturing unit is met in-house

  • Market Cap 966 Cr.
  • Current Price 440
  • High / Low 516 / 209
  • Stock P/E 94.6
  • Book Value 67.5
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 11.4 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 17.6% over last quarter.

Cons

  • Stock is trading at 6.52 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2023 Mar 2024 Sep 2024 Dec 2024 Mar 2025
68.53 76.22 81.36 59.24 85.07
60.28 69.34 75.04 50.36 77.68
Operating Profit 8.25 6.88 6.32 8.88 7.39
OPM % 12.04% 9.03% 7.77% 14.99% 8.69%
0.02 0.91 0.44 0.17 1.72
Interest 2.44 2.81 2.28 2.33 3.11
Depreciation 2.50 2.51 2.17 2.04 2.42
Profit before tax 3.33 2.47 2.31 4.68 3.58
Tax % 15.02% 23.08% 23.81% 13.03% 41.06%
2.83 1.89 1.76 4.07 2.11
EPS in Rs 2.75 1.84 1.71 3.95 1.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
169 256 298
159 229 268
Operating Profit 10 26 30
OPM % 6% 10% 10%
1 1 3
Interest 4 9 10
Depreciation 5 10 9
Profit before tax 3 8 14
Tax % 25% 21% 25%
2 7 10
EPS in Rs 1.88 6.51 6.22
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 52%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 132%
1 Year: 73%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Equity Capital 10 17
Reserves 58 94
122 166
8 12
Total Liabilities 198 288
72 66
CWIP 0 33
Investments 1 0
125 189
Total Assets 198 288

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
-32 -16
-3 -49
35 66
Net Cash Flow -0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Debtor Days 54 59
Inventory Days 121 127
Days Payable 2 3
Cash Conversion Cycle 174 182
Working Capital Days 162 200
ROCE % 10%

Shareholding Pattern

Numbers in percentages

9 Recently
Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Apr 2025
34.91% 34.91% 34.91% 34.91% 34.91% 34.91% 67.78% 52.50%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.15% 0.11%
65.09% 65.09% 65.09% 65.09% 65.09% 65.09% 32.07% 47.39%
No. of Shareholders 3302862471711642251,0381,051

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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