Laxmi Cotspin Ltd

Laxmi Cotspin Ltd

₹ 27.9 5.77%
30 May - close price
About

Incorporated in 2005, Laxmi Cotspin Ltd
is in the business of cotton processing[1]

Key Points

Business Overview:[1]
Company is a Government of India Recognized Star Export House. It is a manufacturer of yarn with existing Ring spinning & open end unit to cater to the yarn markets in Maharashtra and Gujarat. Company's business is spread among home textiles, weaving sector, Denim Manufactures and hosiery manufacturers through open end yarn and ring spun yarn. It manufactures premium quality 100% cotton combed and carded hosiery/ warp conventional, organic and BCI yarn in count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries

  • Market Cap 47.8 Cr.
  • Current Price 27.9
  • High / Low 42.4 / 20.4
  • Stock P/E
  • Book Value 36.6
  • Dividend Yield 0.00 %
  • ROCE -0.31 %
  • ROE -7.65 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.76 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -5.99% over last 3 years.
  • Earnings include an other income of Rs.8.56 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
55.58 40.21 33.34 28.37 41.37 44.66 31.49 31.08 36.79 30.41 56.40 41.15 22.46
53.29 38.91 32.21 33.82 41.33 45.77 31.55 32.15 33.24 32.32 58.98 39.66 19.89
Operating Profit 2.29 1.30 1.13 -5.45 0.04 -1.11 -0.06 -1.07 3.55 -1.91 -2.58 1.49 2.57
OPM % 4.12% 3.23% 3.39% -19.21% 0.10% -2.49% -0.19% -3.44% 9.65% -6.28% -4.57% 3.62% 11.44%
0.02 0.76 0.33 0.40 -0.06 0.05 -0.82 0.32 5.05 0.20 0.34 1.10 6.92
Interest 0.36 0.83 0.69 -0.20 0.71 0.85 0.92 0.61 0.83 1.04 0.96 1.44 1.14
Depreciation 0.73 0.84 0.80 0.80 0.81 0.80 0.80 0.79 0.64 0.79 0.78 0.81 0.83
Profit before tax 1.22 0.39 -0.03 -5.65 -1.54 -2.71 -2.60 -2.15 7.13 -3.54 -3.98 0.34 7.52
Tax % 57.38% 25.64% -700.00% -1.59% -50.65% 0.00% 0.00% 0.00% -0.98% -1.41% -5.28% 20.59% 0.93%
0.52 0.29 0.17 -5.57 -0.76 -2.71 -2.61 -2.15 7.20 -3.49 -3.77 0.27 7.45
EPS in Rs 0.30 0.17 0.10 -3.25 -0.44 -1.58 -1.52 -1.25 4.20 -2.04 -2.20 0.16 4.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
216 143 144 150
204 146 143 151
Operating Profit 12 -3 1 -0
OPM % 6% -2% 1% -0%
2 1 5 9
Interest 3 2 3 5
Depreciation 3 3 3 3
Profit before tax 8 -7 -0 0
Tax % 33% -12% -21% -35%
5 -6 -0 0
EPS in Rs 3.18 -3.42 -0.16 0.27
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -11%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -975%
Stock Price CAGR
10 Years: %
5 Years: 30%
3 Years: 6%
1 Year: -8%
Return on Equity
10 Years: %
5 Years: %
3 Years: -6%
Last Year: -8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 17 17 17 17
Reserves 36 31 46 46
45 42 50 47
9 8 7 10
Total Liabilities 108 98 120 119
27 24 35 39
CWIP 2 3 4 6
Investments 0 0 0 0
79 71 82 74
Total Assets 108 98 120 119

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
-6 5 -8 9
-4 -2 -1 -5
9 -3 10 -5
Net Cash Flow 0 0 1 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 15 16 10 8
Inventory Days 98 142 162 132
Days Payable 13 16 11 20
Cash Conversion Cycle 100 142 161 120
Working Capital Days 115 155 181 148
ROCE % -5% 4% -0%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
57.40% 57.41% 57.41% 57.41% 57.41% 57.41% 57.41% 57.18% 56.80% 58.69% 58.63% 58.63%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00%
42.60% 42.59% 42.59% 42.59% 42.59% 42.59% 42.59% 42.83% 43.20% 41.26% 41.37% 41.37%
No. of Shareholders 3,5753,9233,9934,2054,2754,5815,3916,2276,3057,3747,5227,553

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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