Laxmi Cotspin Ltd.

13.92-0.29%

2026-08-21

laxmicotspin.comBSE: -NSE: LAXMICOT
Market Cap₹ 26 Cr.
Current Price₹ 14
High / Low₹ 27 / 12
Stock P/E
Book Value₹ 28
Price to Book0.82
Dividend Yield0.00 %
ROCE5.0 %
ROE0.9 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Working capital cycle has improved - days down from 72 to 50
  • Company generates healthy free cash flow

CONS

  • Company is loss-making at the operating / net level
  • A large part of profit comes from other income (971.0% of PBT)
  • Recent results are weak - TTM profit is down 116.8% versus prior year
  • Company has a low return on equity of -3.7% over last 3 years
  • Company has a low return on capital employed of 1.7%
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.03x)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.TRIDENT24.5931.7012530.952.03158.0912.951786.834.689.9516.79
2.SANATHAN446.7562.083770.750.0023.82-41.081334.7479.087.098.10
3.FILATEX83.2519.343696.790.3648.5219.331145.309.1415.906.85
4.NITINSPIN582.900.003277.060.5175.2783.62875.0310.3013.1917.78
5.PASHUPATI86.8287.561370.370.007.25276.04130.019.7111.319.49
6.GHCLTEXTIL126.350.001207.730.4739.35191.05408.9452.736.3016.90
7.NAHARSPING299.100.001078.710.3369.88337.83966.1017.923.8313.16
8.AMBIKCO1643.450.00940.882.25257.001514.322579.201243.4711.4715.28
9.SUMEETINDS12.7832.24887.890.001.14-85.69272.369.6165.123.11
10.PRECOT721.6016.93865.920.5526.61135.43245.7324.7811.1920.16
11.RAJPALAYAM818.456.10754.630.0617.55-78.38261.2838.561.8420.71
12.LAXMICOT14.890.0025.530.00-0.44-133.7918.27-63.895.005.22
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
45
46
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
-3
Tax %
-0.00%
Net Profit
0
-2
Equity Capital
17
Reserves
28
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
28
Promoter Pledge %
0.00%
Sep 2023
31
32
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
-3
Tax %
-0.00%
Net Profit
0
-2
Equity Capital
17
Reserves
25
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
25
Promoter Pledge %
0.00%
Dec 2023
31
32
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
-2
Tax %
-0.00%
Net Profit
0
-1
Equity Capital
17
Reserves
23
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
23
Promoter Pledge %
0.00%
Mar 2024
37
33
Operating Profit
OPM %
Other Income
5
Interest
1
Depreciation
1
7
Tax %
-0.99%
Net Profit
0
4
Equity Capital
17
Reserves
32
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
32
Promoter Pledge %
0.00%
Jun 2024
30
32
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
-4
Tax %
1.41%
Net Profit
-3
-2
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
56
59
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
-4
Tax %
5.28%
Net Profit
-4
-2
Equity Capital
17
Reserves
24
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
24
Promoter Pledge %
0.00%
Dec 2024
41
40
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
0
Tax %
20.59%
Net Profit
0
0
Equity Capital
17
Reserves
25
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
25
Promoter Pledge %
0.00%
Mar 2025
22
20
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
1
8
Tax %
0.93%
Net Profit
7
4
Equity Capital
17
Reserves
34
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
34
Promoter Pledge %
0.00%
Jun 2025
51
48
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
2
Tax %
39.53%
Net Profit
1
1
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
58
57
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
0
0
Tax %
2.44%
Net Profit
0
0
Equity Capital
17
Reserves
33
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
33
Promoter Pledge %
0.00%
Dec 2025
25
26
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
-1
Tax %
-15.62%
Net Profit
-1
-1
Equity Capital
17
Reserves
33
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
33
Promoter Pledge %
0.00%
Mar 2026
17
19
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
-2
Tax %
28.50%
Net Profit
-1
-1
Equity Capital
17
Reserves
32
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
32
Promoter Pledge %
0.00%
Jun 2026
18
19
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
-1
Tax %
35.81%
Net Profit
-0
-0
Equity Capital
17
Reserves
32
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
32
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
216
204
Operating Profit
14
OPM %
7
Other Income
2
Interest
3
Depreciation
3
8
Tax %
33
Net Profit
5
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2023
143
146
Operating Profit
-0
OPM %
-0
Other Income
3
Interest
3
Depreciation
3
-7
Tax %
14
Net Profit
-6
EPS
-3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-3
Minority Interest
0
Share of Associates
0
Adjusted EPS
-3
Mar 2024
144
143
Operating Profit
8
OPM %
5
Other Income
6
Interest
4
Depreciation
3
-0
Tax %
21
Net Profit
-0
EPS
-0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Mar 2025
150
151
Operating Profit
3
OPM %
2
Other Income
3
Interest
5
Depreciation
3
0
Tax %
-34
Net Profit
0
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
TTM
118
121
Operating Profit
OPM %
Other Income
3
Interest
4
Depreciation
2
-4
Tax %
17
Net Profit
-3
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
-11%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
-56%

STOCK PRICE CAGR

10 Years:
5 Years:
-10%
3 Years:
-11%
1 Year:
-46%

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
-4%
Last Year:
1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2018

Aug 2

₹ 0.05

2017

Jul 10

₹ 0.05

Mar 2022
Equity Capital
17
36
34
Trade Payables
6
15
Total Liabilities
110
27
Capital Work in Progress
2
47
0
Cash & Bank
0
33
Total Assets
110
Total Debt
45
Net Working Capital
34
Contingent Liabilities
0
Book Value per Share
31.24
Face Value
10.00
Total Debt
45
Net Working Capital
34
Contingent Liabilities
0
Book Value per Share
31.24
Face Value
10.00
Mar 2023
Equity Capital
17
31
33
Trade Payables
5
11
Total Liabilities
98
24
Capital Work in Progress
3
47
0
Cash & Bank
0
24
Total Assets
98
Total Debt
42
Net Working Capital
28
Contingent Liabilities
0
Book Value per Share
27.85
Face Value
10.00
Total Debt
42
Net Working Capital
28
Contingent Liabilities
0
Book Value per Share
27.85
Face Value
10.00
Mar 2024
Equity Capital
17
46
40
Trade Payables
4
13
Total Liabilities
120
35
Capital Work in Progress
4
53
4
Cash & Bank
1
24
Total Assets
120
Total Debt
50
Net Working Capital
29
Contingent Liabilities
4
Book Value per Share
28.64
Face Value
10.00
Total Debt
50
Net Working Capital
29
Contingent Liabilities
4
Book Value per Share
28.64
Face Value
10.00
Mar 2025
Equity Capital
17
46
37
Trade Payables
7
12
Total Liabilities
119
39
Capital Work in Progress
6
46
3
Cash & Bank
1
24
Total Assets
119
Total Debt
47
Net Working Capital
21
Contingent Liabilities
4
Book Value per Share
29.80
Face Value
10.00
Total Debt
47
Net Working Capital
21
Contingent Liabilities
4
Book Value per Share
29.80
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
-6
Cash from Investing
-4
Cash from Financing
9
0
Free Cash Flow
-6
OCF / Net Profit
-1.05
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.05
Cumulative 5-Year FCF
0
Mar 2023
5
Cash from Investing
-2
Cash from Financing
-3
0
Free Cash Flow
3
OCF / Net Profit
-0.81
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.81
Cumulative 5-Year FCF
0
Mar 2024
-8
Cash from Investing
-1
Cash from Financing
10
1
Free Cash Flow
-23
OCF / Net Profit
31.28
Cumulative 5-Year FCF
0
OCF / Net Profit
31.28
Cumulative 5-Year FCF
0
Mar 2025
9
Cash from Investing
-5
Cash from Financing
-5
-0
Free Cash Flow
-1
OCF / Net Profit
20.46
Cumulative 5-Year FCF
0
OCF / Net Profit
20.46
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
EPS (₹)
3.18
Book Value (₹)
31.24
Dividend per Share (₹)
0.00
Cash EPS (₹)
5.06
Operating Margin %
6.65%
Net Margin %
2.52%
ROE %
10.17%
ROCE %
11.63%
4.98%
Debtor Days
15
Inventory Days
80
Payable Days
13
82
Debt to Equity (x)
0.83x
Interest Coverage (x)
3.42x
1.76x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
-3.42
Book Value (₹)
27.85
Dividend per Share (₹)
0.00
Cash EPS (₹)
-1.51
Operating Margin %
-0.31%
Net Margin %
-4.09%
ROE %
-11.56%
ROCE %
-3.93%
-5.65%
Debtor Days
19
Inventory Days
120
Payable Days
18
121
Debt to Equity (x)
0.89x
Interest Coverage (x)
-1.18x
1.68x
Revenue Growth %
-33.64%
Operating Profit Growth %
-103.08%
Net Profit Growth %
-207.52%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
-0.16
Book Value (₹)
28.64
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.61
Operating Margin %
0.91%
Net Margin %
-0.19%
ROE %
-0.55%
ROCE %
4.09%
-0.25%
Debtor Days
13
Inventory Days
126
Payable Days
14
125
Debt to Equity (x)
1.02x
Interest Coverage (x)
0.92x
1.57x
Revenue Growth %
0.51%
Operating Profit Growth %
1844.58%
Net Profit Growth %
95.41%
95.41%
P/E (x)
0.00x
P/B (x)
0.93x
Dividend Yield %
0.00%
12.30x
Mar 2025
EPS (₹)
0.27
Book Value (₹)
29.80
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.14
Operating Margin %
-0.32%
Net Margin %
0.31%
ROE %
0.92%
ROCE %
5.00%
0.39%
Debtor Days
9
Inventory Days
119
Payable Days
15
113
Debt to Equity (x)
0.92x
Interest Coverage (x)
1.08x
1.41x
Revenue Growth %
4.44%
Operating Profit Growth %
-62.91%
Net Profit Growth %
272.09%
272.09%
P/E (x)
91.00x
P/B (x)
0.82x
Dividend Yield %
0.00%
30.79x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
56.80
0.00
DIIs
0.00
Government
0.00
43.20
Sep 2024
58.69
0.05
DIIs
0.00
Government
0.00
41.26
Dec 2024
58.63
0.00
DIIs
0.00
Government
0.00
41.37
Mar 2025
58.63
0.00
DIIs
0.00
Government
0.00
41.37
Jun 2025
58.63
0.00
DIIs
0.00
Government
0.00
41.37
Sep 2025
58.63
0.00
DIIs
0.00
Government
0.00
41.37
Dec 2025
58.63
0.00
DIIs
0.00
Government
0.00
41.37
Mar 2026
58.63
0.00
DIIs
0.00
Government
0.00
41.37
Jun 2026
58.63
0.00
DIIs
0.00
Government
0.00
41.37

Documents

Announcements

  • Copy of Newspaper Publication

    2026-08-13 - Laxmi Cotspin Limited has informed the Exchange about Copy of Newspaper Publication

  • Outcome of Board Meeting

    2026-08-11 - Laxmi Cotspin Limited has informed the Exchange regarding Outcome of Board Meeting held on August 11, 2026.

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.