Laxmi Cotspin Ltd
- Market Cap ₹ 46.0 Cr.
- Current Price ₹ 26.8
- 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 0.72 times its book value
- Company's working capital requirements have reduced from 62.7 days to 48.2 days
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: | 25% |
3 Years: | 4% |
1 Year: | -21% |
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 | 57 | 70 | 70 | 48 |
ROCE % | -5% | 4% | -0% |
Documents
Announcements
-
Outcome of Board Meeting
31 July 2025 - Board approved incorporation of wholly owned garment subsidiary with Rs.1 lakh investment.
-
Reply to Clarification- Financial results
18 July 2025 - Audited FY25 financials submitted; clarified XBRL discrepancies due to Rs. 526.70 lakh asset sale profit.
-
General Updates
16 July 2025 - Laxmi Cotspin to launch OJAS Cotton Roll on 1 Aug 2025 for domestic medical market.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 July 2025 - Certificate under SEBI Reg 74(5) confirming no demat/remat requests for quarter ended June 30, 2025.
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Shareholders meeting
27 June 2025 - Postal ballot approved sale of Open-End machines due to plant closure with 99.97% votes in favor.
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