Pashupati Cotspin Ltd
Incorporated in 2017, Pashupati Cotspin
Ltd Cotton does ginning, manufacture
and processing of yarn[1]
- Market Cap ₹ 1,062 Cr.
- Current Price ₹ 673
- High / Low ₹ 739 / 462
- Stock P/E 75.2
- Book Value ₹ 97.8
- Dividend Yield 0.11 %
- ROCE 11.8 %
- ROE 10.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 36.6 to 24.2 days.
Cons
- Stock is trading at 6.88 times its book value
- The company has delivered a poor sales growth of 9.91% over past five years.
- Company has a low return on equity of 7.34% over last 3 years.
- Earnings include an other income of Rs.14.1 Cr.
- Promoter holding has decreased over last 3 years: -5.84%
* 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
72 | 252 | 248 | 276 | 334 | 538 | 397 | 441 | 661 | 443 | 658 | 637 | |
69 | 239 | 235 | 249 | 310 | 495 | 375 | 408 | 622 | 426 | 628 | 611 | |
Operating Profit | 3 | 13 | 13 | 27 | 25 | 42 | 22 | 33 | 39 | 17 | 30 | 26 |
OPM % | 5% | 5% | 5% | 10% | 7% | 8% | 5% | 7% | 6% | 4% | 5% | 4% |
3 | 14 | 15 | 10 | 0 | -2 | 5 | 2 | 4 | 8 | 9 | 14 | |
Interest | 6 | 15 | 13 | 13 | 10 | 16 | 12 | 12 | 13 | 10 | 17 | 13 |
Depreciation | 1 | 5 | 5 | 9 | 8 | 13 | 13 | 15 | 14 | 9 | 11 | 9 |
Profit before tax | -1 | 7 | 9 | 16 | 7 | 11 | 1 | 7 | 16 | 6 | 11 | 18 |
Tax % | -128% | -16% | 10% | -44% | 109% | 13% | -144% | 28% | 31% | 33% | 26% | 20% |
0 | 8 | 8 | 23 | -1 | 9 | 3 | 5 | 11 | 4 | 8 | 14 | |
EPS in Rs | -0.62 | 9.20 | 3.10 | 3.47 | 7.28 | 2.69 | 5.43 | 8.94 | ||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 16% | 22% | 10% | 28% | 14% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 10% |
3 Years: | -1% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 95% |
3 Years: | 8% |
TTM: | 70% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 68% |
3 Years: | 73% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.00 | 0.00 | 8 | 10 | 10 | 11 | 15 | 15 | 15 | 15 | 16 |
Reserves | 0 | 8 | 17 | 60 | 42 | 59 | 73 | 83 | 93 | 96 | 103 | 139 |
97 | 111 | 101 | 77 | 159 | 137 | 112 | 150 | 177 | 173 | 151 | 99 | |
27 | 32 | 31 | 12 | 26 | 36 | 48 | 16 | 21 | 23 | 41 | 30 | |
Total Liabilities | 124 | 152 | 149 | 156 | 237 | 241 | 244 | 265 | 307 | 307 | 310 | 284 |
74 | 73 | 63 | 60 | 121 | 109 | 105 | 95 | 86 | 112 | 135 | 127 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 26 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 6 | 39 | 34 | 43 | 36 |
50 | 78 | 86 | 96 | 116 | 121 | 133 | 163 | 182 | 135 | 132 | 121 | |
Total Assets | 124 | 152 | 149 | 156 | 237 | 241 | 244 | 265 | 307 | 307 | 310 | 284 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-11 | 9 | 38 | 24 | -18 | 44 | 29 | -11 | 22 | 65 | 52 | 29 | |
-71 | -1 | -4 | -2 | -25 | -12 | -3 | -5 | -34 | -50 | -12 | 13 | |
84 | -8 | -34 | -22 | 40 | -32 | -26 | 16 | 13 | -15 | -41 | -42 | |
Net Cash Flow | 1 | 0 | -0 | -1 | -3 | 0 | -0 | 0 | 1 | -0 | -1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 66 | 23 | 33 | 34 | 30 | 19 | 47 | 33 | 28 | 51 | 34 | 24 |
Inventory Days | 119 | 35 | 29 | 33 | 82 | 49 | 54 | 72 | 40 | 34 | 26 | 27 |
Days Payable | 21 | 6 | 1 | 14 | 4 | 6 | 8 | 4 | 4 | 7 | 17 | 6 |
Cash Conversion Cycle | 164 | 52 | 60 | 54 | 108 | 62 | 93 | 101 | 64 | 78 | 44 | 44 |
Working Capital Days | 217 | 94 | 40 | 41 | 20 | 11 | 19 | 45 | 34 | -11 | -7 | 33 |
ROCE % | 10% | 21% | 19% | 17% | 10% | 15% | 5% | 9% | 11% | 6% | 10% | 12% |
Documents
Announcements
- Corporate Action-Board approves Dividend 9h
-
Announcement under Regulation 30 (LODR)-Dividend Updates
9h - Pashupati Cotspin: Book closure Sep 24–30, 2025 to determine shareholders' dividend eligibility at 8th AGM.
-
Announcement under Regulation 30 (LODR)-Change in Management
9h - Appointed M/s. SJV & Associates as secretarial auditor for FY2025-26 to FY2029-30, subject to shareholder approval.
-
Board Meeting Outcome for Outcome Of 5Th (05/2025-26) Board Meeting Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
10h - Board approved secretarial auditor appointment; related-party transactions subject to AGM; AGM scheduled September 30, 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
13 Aug - Q1 FY25-26 unaudited results approved; company secretary resigned; Ind AS adopted from April 1, 2025.
Business Overview:[1]
PCL is listed on the SME Platform and is part of the Pashupati group which operates in the textile industry. It does cotton ginning and spinning of cotton yarn and manufactures cotton bales, cotton yarn and black cotton seeds