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Laxmi Cotspin Ltd

NSE: LAXMICOTTextile

Incorporated in 2005, Laxmi Cotspin Ltd manufactures cotton yarn, cotton bales, oil cake and oil seeds[1]

13.8
52W: ₹11.7 — ₹33
PE 13.8 · Book ₹37.5 · -63% vs book
Market Cap₹23.6 Cr
Stock P/E13.8Price to Earnings
ROCE0.31%Return on Capital
ROE7.63%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Stock is trading at 0.36 times its book value

Weaknesses

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.12% over past five years.
  • Company has a low return on equity of -5.96% over last 3 years.
  • Earnings include an other income of Rs.10.4 Cr.

Shareholding Pattern

Promoters58.63%
FIIs0%
DIIs0%
Public41.37%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters56.8%58.69%1.958.63%0.158.63%58.63%58.63%58.63%58.63%
FIIs0%0.04%0.00%0.00%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%
Public43.2%41.26%1.941.37%0.141.37%41.37%41.37%41.37%41.37%

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales31.4931.0836.7930.4156.441.1522.4650.5958.2324.57
Expenses31.5532.1533.2132.3258.9839.6619.8948.2757.0125.75
Operating Profit-0.06-1.073.58-1.91-2.581.492.572.321.22-1.18
OPM %-0.19%-3.44%9.73%-6.28%-4.57%3.62%11.44%4.59%2.1%-4.8%
Net Profit-2.61-2.157.23-3.49-3.770.277.451.30.42-1.47
EPS ₹-1.52-1.254.22-2.04-2.20.164.340.760.24-0.86

AI Insights

Revenue Trend

TTM revenue at ₹156Cr, up 4% YoY. OPM at 3%.

Debt Position

Borrowings at ₹42Cr. Debt-to-equity ratio: 0.89x. Moderate leverage.

Capex Cycle

CWIP at ₹7Cr (24% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 58.63%.

Margin & Efficiency

ROCE declining from 13% (Mar 2014) to 0% (Mar 2025). Working capital days: 66.

Valuation

PE 13.8x with 0.31% ROCE. Price is -63% above book value of ₹37.5. Dividend yield: 0%.

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