Lagnam Spintex Ltd
- Market Cap ₹ 140 Cr.
- Current Price ₹ 79.4
- High / Low ₹ 112 / 58.6
- Stock P/E 9.76
- Book Value ₹ 76.6
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.04 times its book value
- Company's median sales growth is 24.9% of last 10 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.2% over last 3 years.
- Contingent liabilities of Rs.60.9 Cr.
- Promoters have pledged 48.2% of their holding.
- Dividend payout has been low at 4.31% 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49 | 56 | 75 | 84 | 80 | 176 | 205 | 348 | 305 | 437 | 606 | 605 | |
| 43 | 48 | 64 | 73 | 69 | 161 | 179 | 290 | 274 | 392 | 540 | 538 | |
| Operating Profit | 6 | 9 | 11 | 11 | 11 | 16 | 26 | 58 | 31 | 45 | 65 | 67 |
| OPM % | 13% | 15% | 15% | 13% | 14% | 9% | 13% | 17% | 10% | 10% | 11% | 11% |
| -0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 4 | 3 | 3 | 3 | 9 | 12 | 11 | 11 | 15 | 31 | 31 |
| Depreciation | 1 | 2 | 3 | 3 | 3 | 6 | 8 | 8 | 7 | 9 | 17 | 17 |
| Profit before tax | 2 | 3 | 6 | 6 | 6 | 1 | 7 | 41 | 13 | 21 | 18 | 20 |
| Tax % | 31% | 25% | 33% | 18% | 26% | -87% | 35% | 29% | 23% | 30% | 28% | 27% |
| 1 | 2 | 4 | 5 | 5 | 1 | 4 | 29 | 10 | 15 | 13 | 14 | |
| EPS in Rs | 5.94 | 11.53 | 18.01 | 4.04 | 2.71 | 0.63 | 2.53 | 16.30 | 5.52 | 8.25 | 7.27 | 8.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 20% | 6% | 0% | 6% | 7% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 24% |
| 3 Years: | 26% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 26% |
| 3 Years: | 14% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 24% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 16% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 12 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 12 | 14 | 18 | 15 | 36 | 36 | 41 | 68 | 77 | 91 | 103 | 118 |
| 37 | 48 | 45 | 49 | 122 | 154 | 168 | 164 | 184 | 378 | 388 | 358 | |
| 2 | 6 | 6 | 9 | 14 | 34 | 22 | 31 | 33 | 47 | 61 | 78 | |
| Total Liabilities | 53 | 70 | 72 | 84 | 189 | 241 | 249 | 280 | 311 | 533 | 570 | 572 |
| 35 | 51 | 48 | 52 | 50 | 157 | 149 | 144 | 137 | 354 | 340 | 328 | |
| CWIP | 2 | 0 | 0 | 1 | 83 | 0 | 0 | 0 | 25 | 0 | 0 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 | 19 | 23 | 31 | 56 | 84 | 99 | 135 | 148 | 180 | 230 | 236 | |
| Total Assets | 53 | 70 | 72 | 84 | 189 | 241 | 249 | 280 | 311 | 533 | 570 | 572 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 5 | -4 | -7 | 6 | 23 | 13 | 22 | 24 | 73 | |||
| -16 | -6 | -82 | -31 | 0 | -2 | -25 | -200 | -3 | -12 | |||
| 9 | 2 | 92 | 32 | -6 | -17 | 8 | 179 | -21 | -61 | |||
| Net Cash Flow | -0 | 0 | 7 | -6 | -0 | 4 | -4 | 0 | -0 | 0 | ||
| Free Cash Flow | -10 | -2 | -86 | -38 | 6 | 21 | -12 | -179 | 21 | 61 | ||
| CFO/OP | 81% | 54% | -22% | -38% | 27% | 52% | 47% | 55% | 42% | 114% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 60 | 44 | 38 | 88 | 55 | 62 | 42 | 34 | 44 | 41 | 42 |
| Inventory Days | 59 | 51 | 52 | 82 | 86 | 112 | 104 | 90 | 138 | 98 | 98 | 98 |
| Days Payable | 3 | 6 | 5 | 14 | 27 | 32 | 13 | 2 | 8 | 5 | 12 | 17 |
| Cash Conversion Cycle | 105 | 105 | 91 | 105 | 147 | 136 | 153 | 130 | 164 | 137 | 127 | 123 |
| Working Capital Days | 34 | 24 | 36 | 21 | 71 | 19 | 70 | 58 | 41 | 12 | 8 | 4 |
| ROCE % | 11% | 12% | 14% | 12% | 7% | 5% | 9% | 22% | 9% | 9% | 10% | 10% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Open End Capacity Rotors |
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| Installed Ring Spinning Capacity Spindles |
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| Production Volume Metric Tonnes (MT) |
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| Total Sales Volume Metric Tonnes (MT) |
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| Capacity Utilization % |
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| Export Sales Volume Metric Tonnes (MT) |
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| Export Share of Revenue % |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
9 May 2026 - Published audited financial results extract for quarter and year ended 31 March 2026 in Financial Express and Nafa Nuksaan.
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Change in Management
8 May 2026 - Board approved FY26 audited results, 16th AGM on 27 August 2026, and auditor appointments.
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Outcome of Board Meeting
8 May 2026 - Board approved FY26 audited results, AGM on 26 August 2026, and auditor appointments.
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Outcome of Board Meeting
28 March 2026 - Lagnam Spintex Limited has informed regarding Outcome of Board Meeting held on March 28, 2026.
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Copy of Newspaper Publication
10 February 2026 - Published extract of unaudited results for quarter and nine months ended 31-Dec-2025 (newspapers dated 08-Feb-2026).
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.