Laxmi Cotspin Ltd
Incorporated in 2005, Laxmi Cotspin Ltd manufactures cotton yarn, cotton bales, oil cake and oil seeds[1]
- Market Cap ₹ 24.8 Cr.
- Current Price ₹ 14.5
- High / Low ₹ 28.5 / 11.7
- Stock P/E
- Book Value ₹ 35.5
- Dividend Yield 0.00 %
- ROCE 1.87 %
- ROE -3.04 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.41 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.34% over past five years.
- Company has a low return on equity of -3.39% over last 3 years.
- Earnings include an other income of Rs.4.57 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 105 | 113 | 115 | 140 | 177 | 151 | 116 | 216 | 143 | 144 | 150 | 151 | |
| 93 | 101 | 103 | 127 | 165 | 147 | 109 | 204 | 146 | 143 | 151 | 150 | |
| Operating Profit | 11 | 12 | 11 | 13 | 12 | 4 | 7 | 12 | -3 | 1 | -0 | 1 |
| OPM % | 11% | 11% | 10% | 9% | 7% | 3% | 6% | 6% | -2% | 1% | -0% | 1% |
| 2 | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 1 | 5 | 9 | 5 | |
| Interest | 4 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 5 | 4 |
| Depreciation | 6 | 7 | 6 | 7 | 6 | 4 | 3 | 3 | 3 | 3 | 3 | 2 |
| Profit before tax | 3 | 3 | 4 | 4 | 4 | -1 | 1 | 8 | -7 | -0 | 0 | -1 |
| Tax % | 24% | -13% | 29% | 38% | 18% | -8% | -4% | 33% | -12% | -19% | -31% | 74% |
| 2 | 3 | 3 | 3 | 4 | -1 | 1 | 5 | -6 | -0 | 0 | -1 | |
| EPS in Rs | 1.32 | 1.83 | 1.56 | 1.50 | 2.13 | -0.51 | 0.64 | 3.18 | -3.41 | -0.14 | 0.27 | -0.69 |
| Dividend Payout % | 38% | 27% | 32% | 33% | 23% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 5% |
| 3 Years: | 2% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | -10% |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -2% |
| 3 Years: | -3% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 21 | 24 | 26 | 27 | 30 | 30 | 31 | 36 | 31 | 46 | 46 | 44 |
| 40 | 28 | 55 | 55 | 46 | 48 | 32 | 45 | 42 | 50 | 47 | 43 | |
| 8 | 6 | 8 | 12 | 16 | 8 | 11 | 9 | 8 | 7 | 9 | 8 | |
| Total Liabilities | 86 | 76 | 105 | 111 | 109 | 103 | 91 | 108 | 98 | 120 | 119 | 112 |
| 34 | 29 | 42 | 39 | 35 | 32 | 27 | 27 | 24 | 35 | 32 | 35 | |
| CWIP | 0 | 1 | 1 | 0 | 0 | 2 | 2 | 2 | 3 | 4 | 6 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| 52 | 45 | 62 | 72 | 74 | 69 | 61 | 79 | 71 | 81 | 81 | 74 | |
| Total Assets | 86 | 76 | 105 | 111 | 109 | 103 | 91 | 108 | 98 | 120 | 119 | 112 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 | 16 | -5 | 7 | 12 | 2 | 17 | -6 | 5 | -8 | 2 | 6 | |
| -8 | -3 | -18 | -4 | -1 | -3 | 1 | -4 | -2 | -1 | 2 | -0 | |
| 2 | -16 | 22 | -3 | -11 | 2 | -18 | 9 | -3 | 10 | -5 | -6 | |
| Net Cash Flow | 3 | -3 | -2 | 0 | -0 | 0 | -0 | -0 | 0 | 1 | -0 | -0 |
| Free Cash Flow | 1 | 13 | -24 | 3 | 11 | -1 | 18 | -9 | 3 | -9 | 5 | 6 |
| CFO/OP | 86% | 128% | -41% | 65% | 112% | 56% | 238% | -47% | -173% | -621% | -498% | 768% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 61 | 67 | 78 | 99 | 84 | 80 | 62 | 15 | 16 | 10 | 8 | 5 |
| Inventory Days | 100 | 73 | 135 | 92 | 68 | 85 | 126 | 98 | 142 | 162 | 132 | 123 |
| Days Payable | 14 | 10 | 14 | 21 | 30 | 17 | 21 | 13 | 17 | 11 | 20 | 16 |
| Cash Conversion Cycle | 147 | 129 | 199 | 170 | 121 | 148 | 166 | 100 | 142 | 161 | 120 | 112 |
| Working Capital Days | 47 | 55 | 50 | 49 | 46 | 48 | 99 | 57 | 70 | 70 | 66 | 61 |
| ROCE % | 10% | 8% | 7% | 6% | 8% | 2% | 5% | 12% | -5% | 4% | -0% | 2% |
Insights
In beta| Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Export Sales Share of Revenue % |
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| Ginning Energy Intensity kWh per kg |
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| Ginning Production Volume kgs |
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| Spinning Energy Intensity kWh per kg |
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| Spinning Production Volume kgs |
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| Installed Open-End Rotor Capacity rotors |
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| Installed Spindle Capacity spindles |
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Extracted by Screener AI
Documents
Announcements
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Shareholders meeting
17 July 2026 - Postal ballot results: auditor appointment and women director regularisation passed on 17 July 2026.
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Reply to Clarification- Financial results
14 July 2026 - Exchange had sought clarification from Laxmi Cotspin Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Updates
13 July 2026 - FY26 audited results resubmitted in XBRL; auditors issued qualified opinion over inventory, advances and receivables.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 July 2026 - Registrar confirms Regulation 74(5) demat processing for quarter ended 30 June 2026.
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Updates
7 July 2026 - Clarifies FY26 results filing; auditor issued qualified opinion citing inventory, advances, land sale, and ECL 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.