Laxmi Cotspin Ltd
Incorporated in 2005, Laxmi Cotspin Ltd manufactures cotton yarn, cotton bales, oil cake and oil seeds[1]
- Market Cap ₹ 20.7 Cr.
- Current Price ₹ 12.1
- High / Low ₹ 24.4 / 11.4
- Stock P/E
- Book Value ₹ 35.5
- Dividend Yield 0.00 %
- ROCE 1.88 %
- ROE -4.64 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.34 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 -3.94% over last 3 years.
- Earnings include an other income of Rs.3.13 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 105 | 113 | 115 | 140 | 177 | 151 | 116 | 216 | 143 | 144 | 150 | 151 | 118 | |
| Sales growth | -9% | +8% | +1% | +22% | +27% | -15% | -23% | +86% | -34% | +1% | +4% | +0% | -31% |
| 93 | 101 | 103 | 127 | 165 | 147 | 109 | 204 | 146 | 143 | 151 | 150 | 119 | |
| Operating Profit | 11 | 12 | 11 | 13 | 12 | 4 | 7 | 12 | -3 | 1 | -0 | 1 | -1 |
| OPM % | 11% | 11% | 10% | 9% | 7% | 2.8% | 6% | 6% | -1.9% | 0.9% | -0.3% | 0.5% | -0.5% |
| 2 | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 1 | 5 | 9 | 5 | 3 | |
| Interest | 4 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 5 | 4 | 4 |
| Depreciation | 6 | 7 | 6 | 7 | 6 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 2 |
| Profit before tax | 3 | 3 | 4 | 4 | 4 | -1 | 1 | 8 | -7 | -0 | 0 | -1 | -4 |
| 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 | -3 | |
| 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 | -1.71 |
| 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: | -31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | -442% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -14% |
| 3 Years: | -19% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -3% |
| 3 Years: | -4% |
| Last Year: | -5% |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 86% | 128% | -41% | 65% | 112% | 56% | 238% | -47% | -173% | -621% | -498% | 758% |
Ratios
Standalone / 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 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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| Export Sales Share of Revenue % |
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| Installed Spindle Capacity spindles |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.
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Shareholders meeting
- 21st AGM on 28 Sep 2026: six resolutions passed, including MD reappointment and object clause alteration.
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Amendment to AOA/MOA
- Shareholders approved adding soybean and oilseeds trading objects at the 21st AGM.
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Shareholders meeting
- Laxmi Cotspin Limited has informed regarding Proceedings of Annual General Meeting held on September 28, 2026
-
Trading Window
- Laxmi Cotspin closed trading window for designated persons under SEBI PIT regulations.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Business Overview:[1]
The company makes 100% cotton combed and carded yarn, including hosiery/warp, conventional, organic and BCI yarn. It sells to home-textile, weaving, denim, and hosiery manufacturers.
In FY26, it diversified into medical textiles and the commercial production of surgical cotton started[2]