Lagnam Spintex Ltd
₹ 112
-0.41%
21 May
3:46 p.m.
- Market Cap ₹ 198 Cr.
- Current Price ₹ 112
- High / Low ₹ 176 / 93.0
- Stock P/E 15.4
- Book Value ₹ 68.4
- Dividend Yield 0.42 %
- ROCE 9.81 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's median sales growth is 16.3% of last 10 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.1% over last 3 years.
- Promoters have pledged 48.2% of their holding.
- Dividend payout has been low at 2.02% of profits over last 3 years
* 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
Sector: Textiles Industry: Textiles - Products
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
42 | 49 | 56 | 75 | 84 | 80 | 176 | 205 | 348 | 305 | 437 | 606 | |
36 | 43 | 48 | 64 | 73 | 69 | 161 | 179 | 290 | 274 | 392 | 540 | |
Operating Profit | 6 | 6 | 9 | 11 | 11 | 11 | 16 | 26 | 58 | 31 | 45 | 65 |
OPM % | 14% | 13% | 15% | 15% | 13% | 14% | 9% | 13% | 17% | 10% | 10% | 11% |
0 | -0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | |
Interest | 3 | 3 | 4 | 3 | 3 | 3 | 9 | 12 | 11 | 11 | 15 | 31 |
Depreciation | 1 | 1 | 2 | 3 | 3 | 3 | 6 | 8 | 8 | 7 | 9 | 17 |
Profit before tax | 2 | 2 | 3 | 6 | 6 | 6 | 1 | 7 | 41 | 13 | 21 | 18 |
Tax % | 18% | 31% | 25% | 33% | 18% | 26% | -87% | 35% | 29% | 23% | 30% | 28% |
1 | 1 | 2 | 4 | 5 | 5 | 1 | 4 | 29 | 10 | 15 | 13 | |
EPS in Rs | 7.89 | 5.94 | 11.53 | 18.01 | 4.04 | 2.71 | 0.63 | 2.53 | 16.30 | 5.52 | 8.25 | 7.27 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 20% | 6% | 0% | 6% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 28% |
5 Years: | 28% |
3 Years: | 20% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 63% |
3 Years: | -24% |
TTM: | -12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 14% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 16% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 12 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 10 | 12 | 14 | 18 | 15 | 36 | 37 | 41 | 68 | 77 | 91 | 103 |
27 | 37 | 48 | 45 | 49 | 122 | 163 | 168 | 164 | 184 | 378 | 388 | |
2 | 2 | 6 | 6 | 9 | 14 | 25 | 22 | 31 | 33 | 47 | 61 | |
Total Liabilities | 41 | 53 | 70 | 72 | 84 | 189 | 242 | 249 | 280 | 311 | 533 | 570 |
25 | 35 | 51 | 48 | 52 | 50 | 158 | 149 | 144 | 137 | 354 | 340 | |
CWIP | 2 | 2 | 0 | 0 | 1 | 83 | 0 | 0 | 0 | 25 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 16 | 19 | 23 | 31 | 56 | 83 | 99 | 135 | 148 | 180 | 230 | |
Total Assets | 41 | 53 | 70 | 72 | 84 | 189 | 242 | 249 | 280 | 311 | 533 | 570 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 5 | -4 | -7 | 6 | 23 | 13 | 22 | 24 | ||||
-16 | -6 | -82 | -31 | 0 | -2 | -25 | -200 | -3 | ||||
9 | 2 | 92 | 32 | -6 | -17 | 8 | 179 | -21 | ||||
Net Cash Flow | -0 | 0 | 7 | -6 | -0 | 4 | -4 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 50 | 60 | 44 | 38 | 88 | 55 | 62 | 42 | 34 | 44 | 41 |
Inventory Days | 51 | 59 | 51 | 52 | 82 | 86 | 112 | 104 | 90 | 138 | 98 | 98 |
Days Payable | 7 | 3 | 6 | 5 | 14 | 27 | 32 | 13 | 2 | 8 | 5 | 12 |
Cash Conversion Cycle | 96 | 105 | 105 | 91 | 105 | 147 | 136 | 153 | 130 | 164 | 137 | 127 |
Working Capital Days | 77 | 84 | 95 | 84 | 97 | 165 | 114 | 123 | 116 | 145 | 132 | 121 |
ROCE % | 12% | 11% | 12% | 14% | 12% | 7% | 5% | 8% | 22% | 9% | 9% | 10% |
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
19 May 2025 - Promoter declares no new share encumbrances for FY ended March 31, 2025.
-
Credit Rating
13 May 2025 - India Ratings upgrades Lagnam Spintex's long-term rating to IND BBB- and short-term to IND A3 with stable outlook.
-
Press Release
17 April 2025 - FY25 revenue up 38% to Rs605.56cr; Rs218cr expansion commissioned early
-
Copy of Newspaper Publication
17 April 2025 - Extract of audited Q4 and FY25 financial results published in newspapers
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
16 April 2025 - LAGNAM SPINTEX LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
Business Overview:[1]
LSL is an ISO 9001:2015 certified company and manufactures 100% Cotton Ring and Open - End Yarn to cater to Denims, Terry Towels, Home Textiles, Bottom Wear, Shirting, Sheeting and Knitting Segments, in the count range of Ne 4 - Ne 30.