Laxmi Cotspin Ltd

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

Laxmi Cotspin Ltd

₹ 29.1 -0.72%
22 Jul - 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 ₹ 50.0 Cr.
  • Current Price ₹ 29.1
  • High / Low ₹ 38.8 / 18.5
  • Stock P/E 90.8
  • Book Value ₹ 36.7
  • Dividend Yield 0.00 %
  • ROCE 3.63 %
  • ROE 0.99 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.79 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.4.59 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

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 Mar 2024
40.21 55.58 40.21 33.34 28.37 41.37 44.66 31.49 31.08 36.79
38.91 53.29 38.91 32.21 33.82 41.33 45.77 31.55 32.15 33.24
Operating Profit 1.30 2.29 1.30 1.13 -5.45 0.04 -1.11 -0.06 -1.07 3.55
OPM % 3.23% 4.12% 3.23% 3.39% -19.21% 0.10% -2.49% -0.19% -3.44% 9.65%
0.76 0.02 0.76 0.33 0.40 -0.06 0.05 -0.82 0.32 5.05
Interest 0.83 0.36 0.83 0.69 -0.20 0.71 0.85 0.92 0.61 0.83
Depreciation 0.84 0.73 0.84 0.80 0.80 0.81 0.80 0.80 0.79 0.64
Profit before tax 0.39 1.22 0.39 -0.03 -5.65 -1.54 -2.71 -2.60 -2.15 7.13
Tax % 25.64% 57.38% 25.64% -700.00% -1.59% -50.65% 0.00% 0.00% 0.00% -0.98%
0.29 0.52 0.29 0.17 -5.57 -0.76 -2.71 -2.61 -2.15 7.20
EPS in Rs 0.17 0.30 0.17 0.10 -3.25 -0.44 -1.58 -1.52 -1.25 4.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
216 143 144
204 146 143
Operating Profit 12 -3 1
OPM % 6% -2% 1%
2 1 5
Interest 3 2 3
Depreciation 3 3 3
Profit before tax 8 -7 -0
Tax % 33% -12% -21%
5 -6 -0
EPS in Rs 3.18 -3.42 -0.16
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 109%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 1%
1 Year: 47%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Equity Capital 17 17 17
Reserves 36 31 46
45 42 50
9 8 7
Total Liabilities 108 98 120
27 24 35
CWIP 2 3 4
Investments 0 0 0
79 71 82
Total Assets 108 98 120

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
-6 5 -8
-4 -2 -1
9 -3 10
Net Cash Flow 0 0 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 15 16 10
Inventory Days 98 142 162
Days Payable 13 16 11
Cash Conversion Cycle 100 142 161
Working Capital Days 115 155 181
ROCE % -5% 4%

Shareholding Pattern

Numbers in percentages

8 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
56.56% 57.38% 57.40% 57.40% 57.41% 57.41% 57.41% 57.41% 57.41% 57.41% 57.18% 56.80%
43.44% 42.62% 42.60% 42.60% 42.59% 42.59% 42.59% 42.59% 42.59% 42.59% 42.83% 43.20%
No. of Shareholders 4401,1342,1693,5753,9233,9934,2054,2754,5815,3916,2276,305

Documents

Announcements

Annual reports

DRHP

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