Vaxtex Cotfab Ltd
NSE: VCL
Incorporated in 2005, Vaxtex Cotfab Ltd is in manufacturing and processing of fabrics of Shirting and Suiting[1]
₹1.45
52W: ₹0.75 — ₹2.66
PE 4.4 · Book ₹0.94 · +54% vs bookMarket Cap₹26.6 Cr
Stock P/E4.4Price to Earnings
ROCE1.77%Return on Capital
ROE4.74%Return on Equity
Div. Yield0%Face Value ₹1
Weaknesses
- −Promoter holding has decreased over last quarter: -15.6%
- −The company has delivered a poor sales growth of -28.3% over past five years.
- −Promoter holding is low: 0.84%
- −Company has a low return on equity of -9.64% over last 3 years.
- −Company might be capitalizing the interest cost
- −Earnings include an other income of Rs.3.82 Cr.
- −Company has high debtors of 972 days.
- −Working capital days have increased from 584 days to 1,177 days
Shareholding Pattern
Promoters0.5%
FIIs11.19%
DIIs0%
Public88.31%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 18.1% | 18.1% | 18.1% | 18.1% | 16.47%▼1.6 | 16.47% | 0.84%▼15.6 | 0.5%▼0.3 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 9.05%▲9.1 | 11.19%▲2.1 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 81.89% | 81.89% | 81.89% | 81.9%▲0.0 | 83.53%▲1.6 | 83.53% | 90.12%▲6.6 | 88.31%▼1.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4.1 | 2.08 | -0.4 | 0 | 0 | 0 | 5.25 | 0 | 2.29 | 8.88 |
| Expenses | 3.93 | 10.72 | 0.82 | -0.09 | 0.11 | 0.37 | 5.34 | 0.21 | 2.4 | 6.57 |
| Operating Profit | 0.17 | -8.64 | -1.22 | 0.09 | -0.11 | -0.37 | -0.09 | -0.21 | -0.11 | 2.31 |
| OPM % | 4.15% | -415.38% | 0% | 0% | 0% | 0% | -1.71% | 0% | -4.8% | 26.01% |
| Net Profit | 0.07 | -8.63 | -0.65 | 0.08 | -0.12 | -0.39 | 1.32 | 0.22 | 0.57 | 3.95 |
| EPS ₹ | 0 | -0.47 | -0.04 | 0 | -0.01 | -0.02 | 0.07 | 0.01 | 0.03 | 0.21 |
AI Insights
Revenue Trend
TTM revenue at ₹16.42Cr, up 212.8% YoY. OPM at 11.57%.
Debt Position
Borrowings at ₹10.92Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 11.19% (+11.18pp change). Promoters hold 0.5%.
Margin & Efficiency
ROCE improving from 0% (Mar 2014) to 1.77% (Mar 2025). Working capital days: 1177.04.
Valuation
PE 4.4x with 1.77% ROCE. Price is 54% above book value of ₹0.94. Dividend yield: 0%.
Recent Announcements
- Outcome of Board Meeting 10 April 2026 - Board approved shifting registered office in Ahmedabad to 306, Sarthik Complex, Satellite.
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; shares fully held in demat form.
- Updates 7 April 2026 - Vaxtex Cotfab submitted Regulation 31(4) promoter disclosure to NSE on April 7, 2026.
- Resignation 6 April 2026 - Mr. Dhiraj Mishra resigned as Additional Director effective April 6, 2026.
- General Updates 31 March 2026 - Amay Vatsalya appointed Whole-time Director and CFO effective March 31, 2026; holds 320,000 shares (0.174%).
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse