Laxmi Cotspin Ltd

Laxmi Cotspin Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Laxmi Cotspin Ltd

₹ 33.4 1.83%
24 Apr - close price
Company website NSE : LAXMICOT
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

Website NSE
  • Market Cap ₹ 57.2 Cr.
  • Current Price ₹ 33.4
  • High / Low ₹ 37.7 / 18.5
  • Stock P/E
  • Book Value ₹ 24.7
  • Dividend Yield 0.00 %
  • ROCE -4.89 %
  • ROE -11.6 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

* 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

Sector: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
40.21 55.58 40.21 33.34 28.37 41.37 44.66 31.49 31.08
38.91 53.29 38.91 32.21 33.82 41.33 45.77 31.55 32.15
Operating Profit 1.30 2.29 1.30 1.13 -5.45 0.04 -1.11 -0.06 -1.07
OPM % 3.23% 4.12% 3.23% 3.39% -19.21% 0.10% -2.49% -0.19% -3.44%
0.76 0.02 0.76 0.33 0.40 -0.06 0.05 -0.82 0.32
Interest 0.83 0.36 0.83 0.69 -0.20 0.71 0.85 0.92 0.61
Depreciation 0.84 0.73 0.84 0.80 0.80 0.81 0.80 0.80 0.79
Profit before tax 0.39 1.22 0.39 -0.03 -5.65 -1.54 -2.71 -2.60 -2.15
Tax % 25.64% 57.38% 25.64% 700.00% 1.59% 50.65% 0.00% 0.00% 0.00%
0.29 0.52 0.29 0.17 -5.57 -0.76 -2.71 -2.61 -2.15
EPS in Rs 0.17 0.30 0.17 0.10 -3.25 -0.44 -1.58 -1.52 -1.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 TTM
216 143 149
204 146 151
Operating Profit 12 -3 -2
OPM % 6% -2% -1%
2 1 -1
Interest 3 2 3
Depreciation 3 3 3
Profit before tax 8 -7 -9
Tax % 33% 12%
5 -6 -8
EPS in Rs 3.18 -3.42 -4.79
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -61%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 45%
1 Year: 57%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 17 17 17
Reserves 36 31 25
45 42 37
9 8 7
Total Liabilities 108 98 87
27 24 22
CWIP 2 3 4
Investments 0 0 0
79 71 61
Total Assets 108 98 87

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
-6 5
-4 -2
9 -3
Net Cash Flow 0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 15 16
Inventory Days 98 142
Days Payable 13 16
Cash Conversion Cycle 100 142
Working Capital Days 115 155
ROCE % -5%

Shareholding Pattern

Numbers in percentages

25 Recently
Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.67% 56.56% 57.38% 57.40% 57.40% 57.41% 57.41% 57.41% 57.41% 57.41% 57.41% 57.18%
43.33% 43.44% 42.62% 42.60% 42.60% 42.59% 42.59% 42.59% 42.59% 42.59% 42.59% 42.83%
No. of Shareholders 4134401,1342,1693,5753,9233,9934,2054,2754,5815,3916,227

Documents

Announcements

Annual reports

DRHP

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