AB Cotspin India Ltd
Incorporated in 1997, A B Cotspin India Ltd is in the business of manufacturing of cotton yarn, knitted fabric, cottonseed oil and oil cakes[1]
- Market Cap ₹ 497 Cr.
- Current Price ₹ 483
- High / Low ₹ 516 / 140
- Stock P/E 74.2
- Book Value ₹ 70.4
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.88 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 34.9%
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 169 | 256 | |
| 159 | 229 | |
| Operating Profit | 10 | 26 |
| OPM % | 6% | 10% |
| 1 | 1 | |
| Interest | 4 | 9 |
| Depreciation | 5 | 10 |
| Profit before tax | 3 | 8 |
| Tax % | 25% | 21% |
| 2 | 7 | |
| EPS in Rs | 1.88 | 6.51 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 247% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 101% |
| 1 Year: | 236% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Equity Capital | ||
| Reserves | ||
| Total Liabilities | ||
| CWIP | ||
| Investments | ||
| Total Assets |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| -32 | ||
| -3 | ||
| 35 | ||
| Net Cash Flow | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | ||
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | ||
| Working Capital Days | ||
| ROCE % |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
17 January 2025 - B Cotspin India Limited has informed about details of investor meet.
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Press Release
16 January 2025 - B Cotspin India Limited has informed regarding a press release dated January 16, 2025, titled "Credit Rating".
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Credit Rating- New
16 January 2025 - B Cotspin India Limited has informed about Credit Rating- New
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Press Release
16 January 2025 - B Cotspin India Limited has informed regarding a press release dated January 16, 2025, titled "Expansion of Solar Power Plant Capacity.".
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Updates
14 January 2025 - B Cotspin India Limited has informed regarding 'Completion of 3 years on NSE-Emerge'.
Business Overview:[1]
a) ABCIL is in the business of cotton ginning, manufacturing & trading of cotton yarn and fabrics both combed and karded
b) It sells its products to textile in Punjab and Haryana
c) Company is also engaged in extraction of oil and production of cakes from cotton seeds (by-product of the ginning process)
d) It manufactures yarn in various types including 100% cotton yarn of counts 20-30s, double yarn of counts 20-30s, slub yarn, etc.
e) Company produces knitted fabrics, which includes combed, carded, and slub fabrics
f) The requirement of yarn of knitted fabric manufacturing unit is met in-house