Lagnam Spintex Ltd

Lagnam Spintex Ltd

₹ 112 -0.41%
21 May 3:46 p.m.
About

Incorporated in 2010, Lagnam Spintex Ltd manufactures cotton yarn[1]

Key Points

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.

  • 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

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
101.44 79.23 62.93 72.13 90.37 71.72 92.55 123.58 149.65 159.97 134.34 148.39 162.86
86.59 66.24 57.52 67.17 82.94 64.54 85.96 112.13 129.79 146.27 122.64 133.26 138.09
Operating Profit 14.85 12.99 5.41 4.96 7.43 7.18 6.59 11.45 19.86 13.70 11.70 15.13 24.77
OPM % 14.64% 16.40% 8.60% 6.88% 8.22% 10.01% 7.12% 9.27% 13.27% 8.56% 8.71% 10.20% 15.21%
0.22 0.03 0.13 0.04 0.04 0.03 0.03 0.06 0.17 0.06 0.11 0.06 0.14
Interest 2.78 2.47 2.49 2.64 3.38 3.49 2.95 2.58 6.25 7.41 7.10 7.48 8.99
Depreciation 1.84 1.88 1.79 1.84 1.82 1.80 1.87 2.13 3.48 4.17 4.22 4.45 3.95
Profit before tax 10.45 8.67 1.26 0.52 2.27 1.92 1.80 6.80 10.30 2.18 0.49 3.26 11.97
Tax % 32.44% 28.26% -29.37% 25.00% 33.04% 29.17% 28.33% 31.91% 29.13% 27.52% 22.45% 27.91% 28.65%
7.06 6.21 1.64 0.39 1.52 1.36 1.29 4.62 7.30 1.58 0.38 2.35 8.54
EPS in Rs 4.00 3.51 0.93 0.22 0.86 0.77 0.73 2.61 4.13 0.89 0.22 1.33 4.83
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
67.36% 67.36% 68.50% 68.50% 68.50% 68.50% 68.50% 68.50% 68.50% 68.50% 68.50% 68.50%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 0.00% 0.00%
32.65% 32.64% 31.50% 31.50% 31.50% 31.50% 31.50% 31.46% 31.50% 31.50% 31.50% 31.50%
No. of Shareholders 6,6277,0807,3077,5786,7506,0495,5685,9175,5706,0936,0515,915

* 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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