Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 387.92 | 265.31 | 221.01 | 154.93 | 129.89 | 228.04 | 139.86 | 156.70 | 63.27 | 89.40 | 61.03 | 58.28 |
| Expenses | 379.47 | 261.56 | 213.78 | 149.23 | 128.84 | 230.81 | 142.46 | 156.87 | 62.83 | 84.52 | 65.19 | 56.56 |
| Operating Profit | 8.45 | 3.75 | 7.23 | 5.70 | 1.05 | -2.77 | -2.60 | -0.17 | 0.44 | 4.88 | -4.16 | 1.72 |
| OPM % | 2.18% | 1.41% | 3.27% | 3.68% | 0.81% | -1.21% | -1.86% | -0.11% | 0.70% | 5.46% | -6.82% | 2.95% |
| Other Income | 0.73 | 0.89 | 0.29 | 0.04 | 0.02 | 1.69 | 0.46 | 2.61 | 0.25 | 0.24 | 1.16 | 3.69 |
| Interest | 0.11 | 0.10 | 0.48 | 0.45 | 0.11 | 0.15 | 0.24 | 0.32 | 0.38 | 0.69 | 0.41 | 0.51 |
| Depreciation | 0.30 | 0.31 | 0.35 | 0.33 | 0.32 | 0.27 | 0.18 | 0.16 | 0.15 | 0.15 | 0.15 | 0.16 |
| Profit before tax | 8.77 | 4.23 | 6.69 | 4.96 | 0.64 | -1.50 | -2.56 | 1.96 | 0.16 | 4.28 | -3.56 | 4.74 |
| Tax % | 25.77% | 26.00% | 26.01% | 28.63% | 3.12% | -18.00% | -27.73% | 17.86% | 75.00% | 39.49% | -34.27% | 24.26% |
| Net Profit | 6.51 | 3.13 | 4.95 | 3.54 | 0.63 | -1.22 | -1.86 | 1.61 | 0.04 | 2.60 | -2.34 | 3.59 |
| EPS in Rs | 0.17 | 0.08 | 0.13 | 0.09 | 0.02 | -0.03 | -0.05 | 0.04 | 0.00 | 0.07 | -0.06 | 0.09 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 123 | 213 | 484 | 619 | 818 | 548 | 1,102 | 653 | 370 | 272 |
| Expenses | 120 | 210 | 481 | 610 | 808 | 525 | 1,075 | 651 | 366 | 269 |
| Operating Profit | 3 | 3 | 4 | 9 | 10 | 23 | 27 | 1 | 4 | 3 |
| OPM % | 2.3% | 1.4% | 0.8% | 1.5% | 1.2% | 4.2% | 2.5% | 0.2% | 1.1% | 1.1% |
| Other Income | 1 | 0 | 0 | 0 | 13 | 2 | 2 | 2 | 1 | 5 |
| Interest | 2 | 2 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 5 | 20 | 23 | 27 | 2 | 3 | 6 |
| Tax % | -4% | 32% | 35% | 31% | 24% | 26% | 25% | 30% | 33% | |
| Net Profit | 1 | 0 | 0 | 4 | 15 | 17 | 20 | 1 | 2 | 4 |
| EPS in Rs | 0.08 | 0.01 | 0.01 | 0.10 | 0.40 | 0.44 | 0.53 | 0.03 | 0.05 | 0.10 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 6% | 12% | 13% | 0% | 101% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -10% | -12% | -58% | ||
| Compounded Profit Growth | % | 0% | -40% | 370% | ||
| Stock Price CAGR | % | 25% | -17% | -1% | ||
| Return on Equity | % | 22% | 13% | 6% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 7 | 13 | 13 | 20 | 20 | 26 | 35 | 38 |
| Reserves | 1 | 11 | 5 | 9 | 17 | 33 | 38 | 28 | 27 |
| Borrowings | 17 | 15 | 15 | 14 | 0 | 6 | 25 | 1 | 18 |
| Other Liabilities | 2 | 5 | 32 | 71 | 72 | 22 | 8 | 12 | 3 |
| Total Liabilities | 23 | 38 | 64 | 107 | 109 | 81 | 98 | 76 | 86 |
| Fixed Assets | 4 | 4 | 3 | 3 | 3 | 10 | 9 | 5 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 20 |
| Other Assets | 18 | 34 | 61 | 104 | 106 | 71 | 89 | 64 | 62 |
| Total Assets | 23 | 38 | 64 | 107 | 109 | 81 | 98 | 76 | 86 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | -11 | 6 | 4 | 9 | 7 | -13 | 45 | 1 |
| Cash from Investing Activity | -0 | -0 | -0 | -0 | -0 | -1 | 1 | -11 | -11 |
| Cash from Financing Activity | 0 | 11 | -3 | -2 | -16 | -2 | 10 | -30 | 15 |
| Net Cash Flow | 0 | 0 | 2 | 1 | -6 | 5 | -2 | 5 | 5 |
| Free Cash Flow | 0 | -11 | 6 | 4 | 8 | 6 | -14 | 44 | 1 |
| CFO/OP | 18% | -348% | 157% | 44% | 146% | 64% | -32% | 3,460% | 45% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 18 | 31 | 42 | 33 | 29 | 13 | 18 | 17 |
| Inventory Days | 20 | 18 | 4 | 6 | 2 | 5 | 7 | 1 | 2 |
| Days Payable | 1 | 6 | 21 | 34 | 32 | 10 | 1 | 7 | 1 |
| Cash Conversion Cycle | 50 | 30 | 14 | 14 | 3 | 24 | 18 | 12 | 18 |
| Working Capital Days | 0 | 23 | 9 | 6 | 13 | 26 | 18 | 22 | 21 |
| ROCE % | 9% | 11% | 26% | 61% | 49% | 38% | 2% | 11% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.97% | 64.77% | 62.77% | 62.77% | 41.93% | 41.93% | 41.93% | 41.93% | 41.92% | 41.92% | 41.93% | 41.91% |
| FIIs | 5.32% | 0.46% | 0.47% | 0.52% | 1.96% | 1.80% | 2.04% | 2.64% | 3.74% | 5.01% | 5.62% | 5.32% |
| Public | 24.70% | 34.77% | 36.76% | 36.71% | 56.11% | 56.28% | 56.04% | 55.43% | 54.35% | 53.07% | 52.46% | 52.77% |
| No. of Shareholders | 64,057 | 1,05,410 | 1,28,135 | 1,24,954 | 1,97,119 | 1,97,494 | 1,92,636 | 1,87,706 | 1,78,886 | 1,68,037 | 1,64,117 | 1,59,549 |
Fundamentals
Market Cap₹ 298 Cr.
Current Price₹ 7.81
Stock P/E76.7
Book Value₹ 1.70
ROCE10.6 %
ROE5.75 %
Dividend Yield0.64 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-58%
Compounded Profit Growth (TTM)370%
Standalone figures.
Valuation
Market capRs 264 Cr
Enterprise valueRs 254 Cr
P/E (TTM)67.77x
Price to book4.19x
Price to sales0.97x
EV / EBITDA30.91x
EV / EBIT33.39x
EV / sales0.93x
Price to cash flow5.80x
Earnings yield1.48%
P/E, 3-year average113.87x
P/B, 3-year average7.21x
P/E, 5-year average68.61x
P/B, 5-year average4.42x
Profitability
Operating margin (excl. other income)0.22%
Operating margin (incl. other income)0.55%
EBITDA margin3.02%
Pre-tax margin2.07%
Net profit margin1.43%
Net margin, latest quarter6.16%
ROE1.71%
ROCE3.26%
ROA1.25%
ROE, 3-year average24.98%
ROCE, 3-year average30.19%
ROA, 3-year average13.98%
ROE, 5-year average29.34%
ROCE, 5-year average35.47%
ROA, 5-year average12.11%
ROIC (approx.)9.95%
Tax rate30.32%
Other income / net worth3.48%
Growth
Sales growth (latest year)-40.77%
Profit growth (latest year)-94.64%
Sales CAGR, 3 years-7.24%
Sales CAGR, 5 years6.15%
Profit CAGR, 3 years-58.64%
Profit CAGR, 5 years25.51%
Sales growth QoQ-4.51%
Sales growth YoY (latest quarter)-62.81%
Profit growth YoY (latest quarter)122.98%
Per share
EPS (TTM)Rs 0.11
EPS (latest year)Rs 0.03
EPS (latest quarter)Rs 0.10
EPS, 3-year averageRs 0.56
EPS, 5-year averageRs 2.47
Book value per shareRs 1.81
Sales per shareRs 7.82
Cash flow per shareRs 1.31
Free cash flow per shareRs 0.03
Dividend per share, 3-year averageRs 0.10
Dividend per share, 5-year averageRs 0.23
Dividends
Dividend payout, 3-year average12.20%
Dividend payout, 5-year average10.25%
Efficiency
Asset turnover8.55x
Fixed asset turnover141.59x
Inventory turnover663.33x
Inventory days1 days
Debtor days18 days
Debtors turnover20.42x
Creditor days1 days
Cash conversion cycle18 days
Working capital days21 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 11 Cr
Net debtRs -10 Cr
Debt to equity0.02x
Net debt / EBITDA-1.16x
Interest coverage3.82x
Current ratio (filing 2026-03-31)3.38x
Quick ratio (filing 2026-03-31)3.30x
Trade payables (filing 2026-03-31)Rs 1 Cr
Owners' fund to total sources82.32%
Debt to assets1.34%
Cash flow
Cash from Operating Activity (latest year)Rs 45 Cr
Cash from Investing Activity (latest year)Rs -11 Cr
Cash from Financing Activity (latest year)Rs -30 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs -23 Cr
Cash from ops / profit, 5 years0.89x
Sales to cash flow14.36x
Statement figures
Net sales (TTM)Rs 272 Cr
Net sales (latest year)Rs 653 Cr
Sales (latest quarter)Rs 58 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 8 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 643 Cr
Total expenditure (latest year)Rs 651 Cr
Total income (latest year)Rs 655 Cr
Share capitalRs 35 Cr
ReservesRs 28 Cr
Shareholders' fundsRs 63 Cr
Total assetsRs 76 Cr
Net blockRs 5 Cr
InvestmentsRs 8 Cr
ReceivablesRs 32 Cr
InventoryRs 1 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)34.78
Ownership
Promoter holding41.91% (-0.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 67.8 is at the 47th percentile of its own 6.4-year range
(median 70.5, low 20.3, high 309.9).
P/B 4.19 is at the 20th percentile (median 8.67).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | AXITA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.2% | -2.8% | -2.5 pts |
| 1 month | -4.8% | -6.8% | +2.0 pts |
| 3 months | +0.4% | -7.6% | +8.0 pts |
| 6 months | -11.6% | +0.4% | -12.0 pts |
| 1 year | -5.1% | -9.9% | +4.8 pts |
| 2 years | -51.1% | -13.6% | -37.5 pts |
| 3 years | -44.6% | +14.2% | -58.8 pts |
| 5 years | +211.9% | +27.9% | +184.0 pts |
Red flags
F-score 5 of 8| look | Profit leans on other income Other income was 141% of pre-tax profit in 2026 |
| look | Auditor change Auditor change 2026-08-12: Axita Cotton Limited has informed the Exchange regarding Change in Auditors of the company. |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹58 Cr -62.8% vs Jun 2025.
Net profit ₹4 Cr +123.0%.
Against our estimate for Jun 2026: sales -38.0%, profit +600.2% beat. Our estimate for Sep 2026: sales Rs 38 Cr, profit Rs 1 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| K P R Mill Ltd | 36,967 | 40.5 | 19.6 % |
| Welspun Living Ltd | 21,277 | 76.5 | 6.26 % |
| Vardhman Textiles Ltd | 15,335 | 18.1 | 8.55 % |
| Trident Ltd | 11,461 | 29.0 | 9.79 % |
| Indo Count Industries Ltd | 8,614 | 57.1 | 8.19 % |
| Garware Technical Fibres Ltd | 7,361 | 33.4 | 22.0 % |
| Kusumgar Ltd | 6,378 | 50.7 | 18.8 % |
| Filatex India Ltd | 4,973 | 25.9 | 19.1 % |
| Jindal Worldwide Ltd | 4,719 | 55.7 | 8.63 % |
| Sanathan Textiles Ltd | 4,352 | 71.6 | 6.89 % |
| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
| Nitin Spinners Ltd | 3,403 | 16.1 | 12.2 % |
| Sangam (India) Ltd | 3,248 | 25.8 | 10.7 % |
| Ganesha Ecosphere Ltd | 2,703 | 47.8 | 5.58 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-11 | Dividend - Re 0.05 Per Share | |
| 2026-02-13 | Bonus 1:10 | 0.9091 |
| 2024-09-20 | Bonus 1:3 | 0.7500 |
| 2024-08-28 | Dividend - Re 0.10 Per Share | |
| 2023-12-22 | Bonus 1:3 | 0.7500 |
| 2023-11-17 | Interim Dividend - Re 0.10 Per Share | |
| 2023-11-13 | Interim Dividend - Re 0.10 Per Share | |
| 2023-06-02 | Buy Back | |
| 2022-10-21 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2022-09-19 | Dividend - Rs 0.50 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Axita Cotton Ltd?
Axita Cotton Ltd (AXITA) has a market capitalisation of Rs 298 Cr. at the 2026-10-01 close.
What is the P/E ratio of Axita Cotton Ltd?
Axita Cotton Ltd trades at a P/E of 76.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Axita Cotton Ltd's latest quarterly results?
In the Jun 2026 quarter, Axita Cotton Ltd sales was Rs 58 Cr (-62.8% vs Jun 2025) and net profit was Rs 4 Cr.
What is the 52-week high and low of Axita Cotton Ltd?
The 52-week high is Rs 12.20 and the 52-week low is Rs 6.57.