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 bookMarket 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%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 56.8% | 58.69%▲1.9 | 58.63%▼0.1 | 58.63% | 58.63% | 58.63% | 58.63% | 58.63% |
| FIIs | 0% | 0.04%▲0.0 | 0%▼0.0 | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 43.2% | 41.26%▼1.9 | 41.37%▲0.1 | 41.37% | 41.37% | 41.37% | 41.37% | 41.37% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.49 | 31.08 | 36.79 | 30.41 | 56.4 | 41.15 | 22.46 | 50.59 | 58.23 | 24.57 |
| Expenses | 31.55 | 32.15 | 33.21 | 32.32 | 58.98 | 39.66 | 19.89 | 48.27 | 57.01 | 25.75 |
| Operating Profit | -0.06 | -1.07 | 3.58 | -1.91 | -2.58 | 1.49 | 2.57 | 2.32 | 1.22 | -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 | -2.15 | 7.23 | -3.49 | -3.77 | 0.27 | 7.45 | 1.3 | 0.42 | -1.47 |
| EPS ₹ | -1.52 | -1.25 | 4.22 | -2.04 | -2.2 | 0.16 | 4.34 | 0.76 | 0.24 | -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%.
Recent Announcements
- Outcome of Board Meeting 30 April 2026 - Board appointed Sharda Ghansham Sikchi as additional women director and approved strike-off of dormant subsidiary.
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 13 April 2026 - Regulation 74(5) certificate submitted for quarter ended 31 March 2026.
- Trading Window 26 March 2026 - Trading window closed 01-Apr-2026 until 48 hours after board approval of FY2026 results.
- Shareholders meeting 27 February 2026 - Laxmi Cotspin Limited has submitted the Exchange a copy Srutinizers report of undefined held on February 26, 2026. Further, the company has informed regarding voting …
- Shareholders meeting 26 February 2026 - Laxmi Cotspin Limited has informed regarding Proceedings of Extraordinary General Meeting held on February 26, 2026
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse