Laxmi Cotspin Ltd

₹ 22.8 -2.78%
05 Dec 4:10 p.m.
About

Laxmi Cotspin Ltd is engaged in the business of production of cotton yarns and other allied products.[1]

Key Points

Product Portfolio
The company's products include cotton bales, yarn, seeds, cotton waste, wash oil, oil cake, etc.[1]
Its manufactures premium quality cotton combed and carded hosiery/ warp conventional, organic and BCI yarn in count range of 10s Ne to 40s Ne.[2]

  • Market Cap 39.0 Cr.
  • Current Price 22.8
  • High / Low 34.8 / 18.0
  • Stock P/E 16.1
  • Book Value 31.5
  • Dividend Yield 0.00 %
  • ROCE 11.6 %
  • ROE 10.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.72 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.00% 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
71.63 43.64 45.10 55.58 40.21 33.34
67.36 41.03 42.03 53.29 38.91 32.21
Operating Profit 4.27 2.61 3.07 2.29 1.30 1.13
OPM % 5.96% 5.98% 6.81% 4.12% 3.23% 3.39%
0.30 0.92 0.42 0.02 0.76 0.33
Interest 0.71 0.72 0.79 0.36 0.83 0.69
Depreciation 0.93 0.79 0.79 0.73 0.84 0.80
Profit before tax 2.93 2.02 1.91 1.22 0.39 -0.03
Tax % 24.91% 36.63% 25.13% 57.38% 25.64% 700.00%
Net Profit 2.20 1.29 1.44 0.52 0.29 0.17
EPS in Rs 1.28 0.75 0.84 0.30 0.17 0.10
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
105 82 102 115 105 113 115 140 177 151 116 216 174
96 76 90 102 93 101 103 127 165 147 109 204 166
Operating Profit 8 6 11 13 11 12 11 13 12 4 7 12 8
OPM % 8% 8% 11% 11% 11% 11% 10% 9% 7% 3% 6% 6% 4%
4 3 1 1 2 0 0 1 1 2 0 2 2
Interest 4 5 4 4 4 3 2 2 3 3 3 3 3
Depreciation 4 4 4 5 6 7 6 7 6 4 3 3 3
Profit before tax 4 1 3 5 3 3 4 4 4 -1 1 8 3
Tax % 38% 44% 35% 19% 24% -13% 29% 38% 18% 8% -4% 33%
Net Profit 3 0 2 4 2 3 3 3 4 -1 1 5 2
EPS in Rs 1.60 0.26 1.31 2.21 1.32 1.83 1.56 1.50 2.13 -0.51 0.64 3.18 1.41
Dividend Payout % 0% 0% 0% 23% 38% 27% 32% 33% 23% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 14%
3 Years: 7%
TTM: 86%
Compounded Profit Growth
10 Years: 28%
5 Years: 14%
3 Years: 13%
TTM: 264%
Stock Price CAGR
10 Years: %
5 Years: 7%
3 Years: 31%
1 Year: -3%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 4%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
16 17 17 17 17 17 17 17 17 17 17 17 17
Reserves 7 11 15 20 21 24 26 27 30 30 31 36 37
48 35 33 33 40 28 55 55 46 48 32 45 23
12 12 6 12 8 6 8 12 16 8 11 9 7
Total Liabilities 82 75 71 82 86 76 105 111 109 103 91 108 85
33 31 34 32 34 29 42 39 35 32 27 27 25
CWIP 1 1 1 1 0 1 1 0 0 2 2 2 2
Investments 0 0 0 0 0 0 0 0 0 0 1 2 2
49 43 36 49 52 45 62 72 74 69 61 77 55
Total Assets 82 75 71 82 86 76 105 111 109 103 91 108 85

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
7 17 10 6 9 16 -5 7 12 2 17 -6
4 -2 -4 -2 -8 -3 -18 -4 -1 -3 1 -4
-11 -16 -7 -4 2 -16 22 -3 -11 2 -18 9
Net Cash Flow -1 -1 0 1 3 -3 -2 0 -0 0 -0 -0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 35 63 46 71 61 67 78 99 84 80 62 15
Inventory Days 109 92 45 72 100 73 135 92 68 85 126 98
Days Payable 21 53 17 31 14 10 14 21 30 17 21 13
Cash Conversion Cycle 123 103 75 112 147 129 199 170 121 148 166 100
Working Capital Days 138 136 107 103 125 108 159 145 112 139 148 107
ROCE % 8% 12% 13% 10% 8% 7% 6% 8% 2% 5% 12%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

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