Laxmi Cotspin Ltd
Incorporated in 2005, Laxmi Cotspin Ltd manufactures cotton yarn, cotton bales, oil cake and oil seeds[1]
- Market Cap ₹ 21.2 Cr.
- Current Price ₹ 12.4
- High / Low ₹ 33.0 / 12.0
- Stock P/E 12.4
- Book Value ₹ 37.5
- Dividend Yield 0.00 %
- ROCE -0.31 %
- ROE -7.63 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.33 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.12% over past five years.
- Company has a low return on equity of -5.96% over last 3 years.
- Earnings include an other income of Rs.10.4 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 115 | 105 | 113 | 115 | 140 | 177 | 151 | 116 | 216 | 143 | 144 | 150 | 156 | |
| 102 | 93 | 101 | 103 | 127 | 165 | 147 | 109 | 204 | 146 | 143 | 151 | 151 | |
| Operating Profit | 13 | 11 | 12 | 11 | 13 | 12 | 4 | 7 | 12 | -3 | 1 | -0 | 5 |
| OPM % | 11% | 11% | 11% | 10% | 9% | 7% | 3% | 6% | 6% | -2% | 1% | -0% | 3% |
| 1 | 2 | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 1 | 5 | 9 | 10 | |
| Interest | 4 | 4 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 5 | 4 |
| Depreciation | 5 | 6 | 7 | 6 | 7 | 6 | 4 | 3 | 3 | 3 | 3 | 3 | 2 |
| Profit before tax | 5 | 3 | 3 | 4 | 4 | 4 | -1 | 1 | 8 | -7 | -0 | 0 | 9 |
| Tax % | 19% | 24% | -13% | 29% | 38% | 18% | -8% | -4% | 33% | -12% | -19% | -31% | |
| 4 | 2 | 3 | 3 | 3 | 4 | -1 | 1 | 5 | -6 | -0 | 0 | 8 | |
| EPS in Rs | 2.21 | 1.32 | 1.83 | 1.56 | 1.50 | 2.13 | -0.51 | 0.64 | 3.18 | -3.41 | -0.14 | 0.27 | 4.48 |
| Dividend Payout % | 23% | 38% | 27% | 32% | 33% | 23% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 0% |
| 3 Years: | -11% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 755% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -13% |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -1% |
| 3 Years: | -6% |
| Last Year: | -8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 20 | 21 | 24 | 26 | 27 | 30 | 30 | 31 | 36 | 31 | 46 | 46 | 47 |
| 33 | 40 | 28 | 55 | 55 | 46 | 48 | 32 | 45 | 42 | 50 | 47 | 42 | |
| 12 | 8 | 6 | 8 | 12 | 16 | 8 | 11 | 9 | 8 | 7 | 9 | 9 | |
| Total Liabilities | 82 | 86 | 76 | 105 | 111 | 109 | 103 | 91 | 108 | 98 | 120 | 119 | 116 |
| 32 | 34 | 29 | 42 | 39 | 35 | 32 | 27 | 27 | 24 | 35 | 32 | 29 | |
| CWIP | 1 | 0 | 1 | 1 | 0 | 0 | 2 | 2 | 2 | 3 | 4 | 6 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| 49 | 52 | 45 | 62 | 72 | 74 | 69 | 61 | 79 | 71 | 81 | 81 | 79 | |
| Total Assets | 82 | 86 | 76 | 105 | 111 | 109 | 103 | 91 | 108 | 98 | 120 | 119 | 116 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 9 | 16 | -5 | 7 | 12 | 2 | 17 | -6 | 5 | -8 | 2 | |
| -2 | -8 | -3 | -18 | -4 | -1 | -3 | 1 | -4 | -2 | -1 | 2 | |
| -4 | 2 | -16 | 22 | -3 | -11 | 2 | -18 | 9 | -3 | 10 | -5 | |
| Net Cash Flow | 1 | 3 | -3 | -2 | 0 | -0 | 0 | -0 | -0 | 0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 71 | 61 | 67 | 78 | 99 | 84 | 80 | 62 | 15 | 16 | 10 | 8 |
| Inventory Days | 72 | 100 | 73 | 135 | 92 | 68 | 85 | 126 | 98 | 142 | 162 | 132 |
| Days Payable | 31 | 14 | 10 | 14 | 21 | 30 | 17 | 21 | 13 | 17 | 11 | 20 |
| Cash Conversion Cycle | 112 | 147 | 129 | 199 | 170 | 121 | 148 | 166 | 100 | 142 | 161 | 120 |
| Working Capital Days | 45 | 47 | 55 | 50 | 49 | 46 | 48 | 99 | 57 | 70 | 70 | 66 |
| ROCE % | 13% | 10% | 8% | 7% | 6% | 8% | 2% | 5% | 12% | -5% | 4% | -0% |
Insights
In beta| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity - Spinning (Spindles) Number |
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| Installed Capacity - Spinning (Rotors) Number |
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| Production Volume - Spinning (Yarn) Kg |
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| Production Volume - Ginning (Bales/Seeds) Kg |
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| Electricity Consumption - Ginning Units/Kg |
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| Electricity Consumption - Spinning Units/Kg |
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| Production Volume - Ginning (Bales) Bales |
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Documents
Announcements
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Shareholders meeting
27 February 2026 - Laxmi Cotspin Limited has submitted the Exchange a copy Srutinizers report of undefined held on February 26, 2026. Further, the company has informed regarding voting …
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Shareholders meeting
26 February 2026 - Laxmi Cotspin Limited has informed regarding Proceedings of Extraordinary General Meeting held on February 26, 2026
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Updates
18 February 2026 - Board approved Q3 results (Dec 31,2025); auditor qualified; ₹5.51 Cr loan to subsidiary; director resigned Feb 7,2026
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Copy of Newspaper Publication
14 February 2026 - Published unaudited standalone and consolidated results for quarter ended December 31, 2026; ad published Feb 14, 2026.
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Outcome of Board Meeting
13 February 2026 - Board approved Q3 results (Dec 31,2025); limited review qualified; ₹5.51 Cr subsidiary loan, inventory, land registration issues.
Business Overview:[1][2]
a) LCL is engaged in the business of cotton ginning and spinning.The company manufactures 100% combed cotton wrap and hosiery yarns in counts of 30s-40s.
b) The company is diversifying its business into the healthcare
sector. Significant progress has been achieved during FY25, and
commercial production is scheduled to commence in FY26.
c) The company plans to expand its presence in the medical textile sector, in the coming years.
d) Following the establishment of the surgical division, the company is also considering setting up a garment unit
within the existing building.