MarketFriction

Lagnam Spintex Ltd

NSE LAGNAM · Other Textile Products
₹71.90 -0.47%
NSE close2026-10-01
52 week range58.60 - 95.90
Market cap₹127 Cr.
P/E6.95
IPO 2018 · +75% since Price band 20% Delivery 85.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales92.55123.58149.65159.97134.34148.39162.86140.10132.43152.80179.65165.86
Expenses85.96112.13129.79146.27122.65133.26138.09125.06120.56136.05156.49145.14
Operating Profit6.5911.4519.8613.7011.6915.1324.7715.0411.8716.7523.1620.72
OPM %7.12%9.27%13.27%8.56%8.70%10.20%15.21%10.74%8.96%10.96%12.89%12.49%
Other Income0.030.060.170.060.110.060.140.050.070.080.060.07
Interest2.952.586.257.417.097.488.998.187.327.487.677.73
Depreciation1.872.133.484.174.224.453.954.174.214.204.044.10
Profit before tax1.806.8010.302.180.493.2611.972.740.415.1511.518.96
Tax %28.33%31.91%29.13%27.52%22.45%27.91%28.65%28.10%7.32%28.35%27.45%34.26%
Net Profit1.294.627.301.580.382.358.541.970.383.698.355.89
EPS in Rs0.732.614.130.890.221.334.831.110.222.094.733.33
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales56758480176205348305437606605631
Expenses48647369161179290274392540538558
Operating Profit91111111626583145656772
OPM %15%15%13%14%9%13%17%10%10%11%11%11%
Other Income001000100000
Interest4333912111115313130
Depreciation233368879171717
Profit before tax366617411321182026
Tax %25%33%18%26%-87%35%29%23%30%28%27%
Net Profit245514291015131418
EPS in Rs11.5318.014.042.710.632.5316.305.528.257.278.1410.37
Dividend Payout %0%0%0%0%0%20%6%0%6%7%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth27%24%26%8%
Compounded Profit Growth20%26%14%38%
Stock Price CAGR%10%4%-14%
Return on Equity14%16%12%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222121818181818181818
Reserves12141815363641687791103118
Borrowings37484549122154168164184378388358
Other Liabilities26691434223133476178
Total Liabilities53707284189241249280311533570572
Fixed Assets3551485250157149144137354340328
CWIP20018300025008
Investments000000000000
Other Assets16192331568499135148180230236
Total Assets53707284189241249280311533570572
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity65-4-762313222473
Cash from Investing Activity-16-6-82-310-2-25-200-3-12
Cash from Financing Activity929232-6-178179-21-61
Net Cash Flow-007-6-04-40-00
Free Cash Flow-10-2-86-38621-12-1792161
CFO/OP81%54%-22%-38%27%52%47%55%42%114%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days506044388855624234444142
Inventory Days595152828611210490138989898
Days Payable36514273213285817
Cash Conversion Cycle10510591105147136153130164137131123
Working Capital Days3424362171197058411284
ROCE %11%12%14%12%7%5%9%22%9%9%10%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.50%68.50%68.50%68.50%68.50%68.50%68.50%68.50%68.50%68.50%68.50%68.50%
FIIs0.00%0.00%0.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public31.50%31.50%31.46%31.50%31.50%31.50%31.50%31.50%31.50%31.50%31.50%31.50%
No. of Shareholders6,0495,5685,9175,5706,0936,0515,9155,9035,8425,7635,5335,317

Fundamentals

Market Cap₹ 127 Cr.
Current Price₹ 72.0
Stock P/E6.95
Book Value₹ 76.6
ROCE10.1 %
ROE11.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)38%
Standalone figures.
Valuation
Market capRs 127 Cr
Enterprise valueRs 485 Cr
P/E (TTM)6.94x
Price to book0.94x
Price to sales0.20x
EV / EBITDA6.66x
EV / EBIT8.62x
EV / sales0.77x
Price to cash flow1.74x
Earnings yield14.41%
P/E, 3-year average11.41x
P/B, 3-year average1.34x
P/E, 5-year average9.71x
P/B, 5-year average1.35x
Profitability
Operating margin (excl. other income)11.05%
Operating margin (incl. other income)11.09%
EBITDA margin11.54%
Pre-tax margin4.13%
Net profit margin2.90%
Net margin, latest quarter3.55%
ROE11.23%
ROCE10.07%
ROA2.52%
ROE, 3-year average12.25%
ROCE, 3-year average9.76%
ROA, 3-year average2.77%
ROE, 5-year average17.54%
ROCE, 5-year average11.98%
ROA, 5-year average4.50%
ROIC (approx.)8.28%
Tax rate27.40%
Other income / net worth0.18%
Growth
Sales growth (latest year)-0.10%
Profit growth (latest year)11.98%
Sales CAGR, 3 years25.70%
Sales CAGR, 5 years24.17%
Profit CAGR, 3 years13.82%
Profit CAGR, 5 years26.34%
Sales growth QoQ-7.68%
Profit growth QoQ-29.46%
Sales growth YoY (latest quarter)18.39%
Profit growth YoY (latest quarter)198.98%
Per share
EPS (TTM)Rs 10.36
EPS (latest year)Rs 8.14
EPS (latest quarter)Rs 3.33
EPS, 3-year averageRs 7.89
EPS, 5-year averageRs 9.10
Book value per shareRs 76.60
Sales per shareRs 356.98
Cash flow per shareRs 41.32
Free cash flow per shareRs 34.52
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.67
Dividends
Dividend payout, 3-year average6.44%
Dividend payout, 5-year average6.34%
Efficiency
Asset turnover1.06x
Fixed asset turnover1.84x
Inventory turnover4.21x
Inventory days87 days
Debtor days42 days
Debtors turnover8.78x
Creditor days17 days
Cash conversion cycle123 days
Working capital days4 days
Leverage
Total debtRs 358 Cr
Cash and bankRs 0 Cr
Net debtRs 358 Cr
Debt to equity2.64x
Net debt / EBITDA4.91x
Interest coverage1.86x
Owners' fund to total sources23.68%
Debt to assets62.61%
Cash flow
Cash from Operating Activity (latest year)Rs 73 Cr
Cash from Investing Activity (latest year)Rs -12 Cr
Cash from Financing Activity (latest year)Rs -61 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 61 Cr
FCFE (approx.: FCF + change in debt)Rs 30 Cr
Cash from ops / profit, 5 years1.91x
Sales to cash flow8.29x
Statement figures
Net sales (TTM)Rs 631 Cr
Net sales (latest year)Rs 605 Cr
Sales (latest quarter)Rs 166 Cr
Operating profit excl. other income (latest year)Rs 67 Cr
Operating profit (latest quarter)Rs 21 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 73 Cr
PBDT (TTM)Rs 43 Cr
Profit before tax (TTM)Rs 26 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 18 Cr
Net profit (latest year)Rs 14 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 30 Cr
Cost of goods sold (latest year)Rs 492 Cr
Total expenditure (latest year)Rs 538 Cr
Total income (latest year)Rs 605 Cr
Share capitalRs 18 Cr
ReservesRs 118 Cr
Shareholders' fundsRs 135 Cr
Total assetsRs 572 Cr
Net blockRs 328 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 0 Cr
ReceivablesRs 69 Cr
InventoryRs 117 Cr
Other liabilitiesRs 78 Cr
Shares outstanding (crore)1.77
Ownership
Promoter holding68.50% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 6.9 is at the 32th percentile of its own 8.2-year range (median 11.2, low 2.6, high 41.4).
P/B 0.94 is at the 29th percentile (median 1.18).
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.
PeriodLAGNAMNifty 50Difference
1 week-4.1%-2.8% -1.3 pts
1 month-5.3%-6.8% +1.5 pts
3 months-10.5%-7.6% -2.9 pts
6 months+19.7%+0.4% +19.3 pts
1 year-15.0%-9.9% -5.1 pts
2 years-40.5%-13.6% -27.0 pts
3 years+10.7%+14.2% -3.5 pts
5 years+52.0%+27.9% +24.1 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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 2026
Sales ₹166 Cr +18.4% vs Jun 2025. Net profit ₹6 Cr +199.0%.
Against our estimate for Jun 2026: sales +11.0%, profit +106.3% big beat. Our estimate for Sep 2026: sales Rs 151 Cr, profit Rs 5 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
K P R Mill Ltd36,96740.519.6 %
Welspun Living Ltd21,27776.56.26 %
Vardhman Textiles Ltd15,33518.18.55 %
Trident Ltd11,46129.09.79 %
Indo Count Industries Ltd8,61457.18.19 %
Garware Technical Fibres Ltd7,36133.422.0 %
Kusumgar Ltd6,37850.718.8 %
Filatex India Ltd4,97325.919.1 %
Jindal Worldwide Ltd4,71955.78.63 %
Sanathan Textiles Ltd4,35271.66.89 %
Raymond Lifestyle Ltd4,02627.03.52 %
Alok Industries Ltd3,501-3.95 %
Nitin Spinners Ltd3,40316.112.2 %
Sangam (India) Ltd3,24825.810.7 %
Ganesha Ecosphere Ltd2,70347.85.58 %
No bulk or block deals on record.
Ex-dateActionFactor
2024-07-09Dividend - Re 0.50 Per Share
2024-07-09Annual General Meeting
2023-07-21Annual General Meeting
2022-06-20Dividend - Rs 0.50 Per Sh
2022-01-27Interim Dividend - Rs 0.50 Per Share
DateTypeWhat it says
2026-08-27Shareholder meetingVoting results.
2026-08-27Shareholder meetingProceedings of Annual General Meeting held on August 27, 2026
2026-08-05General UpdatesLetters sent to Members regarding weblink of the Annual Report 2025-26.
2026-08-04Shareholder meetingNotice of Annual General Meeting to be held on August 27, 2026
2026-07-30Updates.
2026-07-30Credit RatingCredit Rating
2026-07-30UpdatesIntimation of Acquisition under regulation 30 of the SEBI (listing Obligations and Disclosure Requirements) Regulations 2015.
2026-07-30Board meeting outcomeLagnam Spintex Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-03Disclosure under SEBI TakeovLagnam Spintex Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substa...
2026-05-08Change in ManagementChange in Management
2026-05-08Board meeting outcomeLagnam Spintex Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-03-28Board meeting outcomeOutcome of Board Meeting held on March 28, 2026.
2026-02-07General UpdatesGeneral Updates
2026-02-07Board meeting outcomeLagnam Spintex Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-11-10Board meeting outcomeBoard meeting held on November 10, 2025.
2025-11-10Board meeting outcomeLagnam Spintex Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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.
Order dateForumCase
2019-10-25CESTATUDAIPUR ---VS.--- LAGNAM SPINTEX LTD
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Lagnam Spintex Ltd?

Lagnam Spintex Ltd (LAGNAM) has a market capitalisation of Rs 127 Cr. at the 2026-10-01 close.

What is the P/E ratio of Lagnam Spintex Ltd?

Lagnam Spintex Ltd trades at a P/E of 6.95 on trailing twelve-month profit, at the 2026-10-01 close.

What were Lagnam Spintex Ltd's latest quarterly results?

In the Jun 2026 quarter, Lagnam Spintex Ltd sales was Rs 166 Cr (+18.4% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of Lagnam Spintex Ltd?

The 52-week high is Rs 95.90 and the 52-week low is Rs 58.60.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03