Laxmi Cotspin Ltd
- 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.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
-
Copy of Newspaper Publication
30 May 2025 - Dispatch of Postal Ballot Notice and e-voting info for shareholder approval from May 27 to June 25, 2025.
-
Notice Of Shareholders Meetings-XBRL
26 May 2025 - LAXMI COTSPIN LIMITED has informed about Notice of Shareholders Meeting for Postal Ballot
-
Shareholders meeting
26 May 2025 - Postal ballot for sale of 4 Open-End machines due to division closure, price not below book value.
-
Copy of Newspaper Publication
24 May 2025 - Audited standalone and consolidated financial results for quarter/year ended March 31, 2025 published.
-
Outcome of Board Meeting
21 May 2025 - Laxmi Cotspin Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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