MarketFriction

Laxmi Cotspin Ltd

NSE LAXMICOT · Other Textile Products
₹13.30 +2.23%
NSE close2026-10-01
52 week range11.36 - 24.44
Market cap₹22.9 Cr.
IPO 2017 · -34% since Price band 20% Delivery 57.6%

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
Sales31.4931.0836.7930.4156.4041.1522.4650.5958.2324.5717.2818.27
Expenses31.5532.1533.2132.3258.9839.6619.8948.2757.0125.7518.8417.32
Operating Profit-0.06-1.073.58-1.91-2.581.492.572.321.22-1.18-1.560.95
OPM %-0.19%-3.44%9.73%-6.28%-4.57%3.62%11.44%4.59%2.10%-4.80%-9.03%5.20%
Other Income-0.820.325.050.200.341.106.921.480.551.461.080.04
Interest0.920.610.831.040.961.441.141.010.940.970.950.97
Depreciation0.800.790.640.790.780.810.830.640.410.580.560.71
Profit before tax-2.60-2.157.16-3.54-3.980.347.522.150.42-1.27-1.99-0.69
Tax %-0.00%-0.00%-0.84%-1.41%-5.28%20.59%0.93%39.53%-0.00%15.75%-28.14%-36.23%
Net Profit-2.61-2.157.23-3.49-3.770.277.451.300.42-1.47-1.43-0.44
EPS in Rs-1.52-1.254.22-2.04-2.200.164.340.760.24-0.86-0.83-0.26
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales113115140177151116216143144150151118
Expenses101103127165147109204146143151150119
Operating Profit121113124712-31-01-1
OPM %11%10%9%7%2.8%6%6%-1.9%0.9%-0.3%0.5%-0.5%
Other Income001120215953
Interest322333323544
Depreciation767643333322
Profit before tax3444-118-7-00-1-4
Tax %-13%29%38%18%-8%-4%33%-12%-19%-31%74%
Net Profit3334-115-6-00-1-3
EPS in Rs1.831.561.502.13-0.510.643.18-3.41-0.140.27-0.69-1.71
Dividend Payout %27%32%33%23%-0%-0%-0%-0%-0%-0%-0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%5%2%-31%
Compounded Profit Growth%%19%-442%
Stock Price CAGR%-10%-14%-41%
Return on Equity1%-2%-3%-3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital171717171717171717171717
Reserves212426273030313631464644
Borrowings402855554648324542504743
Other Liabilities868121681198798
Total Liabilities86761051111091039110898120119112
Fixed Assets342942393532272724353235
CWIP-011-0-02223462
Investments0-0-0-0-0-0100000
Other Assets524562727469617971818174
Total Assets86761051111091039110898120119112
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity916-5712217-65-826
Cash from Investing Activity-8-3-18-4-1-31-4-2-12-0
Cash from Financing Activity2-1622-3-112-189-310-5-6
Net Cash Flow3-3-20-00-0-001-0-0
Free Cash Flow113-24311-118-93-956
CFO/OP86%128%-41%65%112%56%238%-47%-173%-621%-498%768%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6167789984806215161085
Inventory Days1007313592688512698142162132123
Days Payable141014213017211317112016
Cash Conversion Cycle147129199170121148166100142161120112
Working Capital Days475550494648995770706661
ROCE %10%8%7%6%8%2%5%12%-5%4%-0%2%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters57.41%57.41%57.18%56.80%58.69%58.63%58.63%58.63%58.63%58.63%58.63%58.63%
FIIs0.00%0.00%0.00%0.00%0.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public42.59%42.59%42.83%43.20%41.26%41.37%41.37%41.37%41.37%41.37%41.37%41.37%
No. of Shareholders4,5815,3916,2276,3057,3747,5227,5537,5267,5237,3837,9757,719

Fundamentals

Market Cap₹ 22.9 Cr.
Current Price₹ 13.4
Book Value₹ 35.5
ROCE1.87 %
ROE-3.04 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-31%
Compounded Profit Growth (TTM)-442%
Standalone figures.
Valuation
Market capRs 23 Cr
Enterprise valueRs 65 Cr
Price to book0.37x
Price to sales0.19x
EV / EBITDA25.48x
EV / EBIT217.41x
EV / sales0.55x
Price to cash flow3.71x
Earnings yield-12.82%
P/E, 3-year average89.53x
P/B, 3-year average0.70x
P/E, 5-year average47.72x
P/B, 5-year average0.66x
Profitability
Operating margin (excl. other income)0.53%
Operating margin (incl. other income)3.56%
EBITDA margin2.16%
Pre-tax margin-2.98%
Net profit margin-2.47%
Net margin, latest quarter-2.41%
ROE-1.91%
ROCE2.99%
ROA-1.02%
ROE, 3-year average-0.53%
ROCE, 3-year average3.42%
ROA, 3-year average-0.28%
ROE, 5-year average-0.48%
ROCE, 5-year average3.48%
ROA, 5-year average-0.21%
ROIC (approx.)0.50%
Tax rate-73.53%
Other income / net worth7.51%
Growth
Sales growth (latest year)0.17%
Profit growth (latest year)-351.06%
Sales CAGR, 3 years1.69%
Sales CAGR, 5 years5.34%
Sales growth QoQ5.73%
Sales growth YoY (latest quarter)-63.89%
Profit growth YoY (latest quarter)-133.85%
Per share
EPS (TTM)Rs -1.70
EPS (latest quarter)Rs -0.26
EPS, 3-year averageRs 0.07
EPS, 5-year averageRs -0.02
Book value per shareRs 35.53
Sales per shareRs 69.08
Cash flow per shareRs 3.58
Free cash flow per shareRs 3.50
Efficiency
Asset turnover1.35x
Fixed asset turnover4.31x
Inventory turnover2.96x
Inventory days123 days
Debtor days5 days
Debtors turnover79.72x
Creditor days16 days
Cash conversion cycle112 days
Working capital days61 days
Leverage
Total debtRs 43 Cr
Cash and bankRs 0 Cr
Net debtRs 42 Cr
Debt to equity0.70x
Net debt / EBITDA16.58x
Interest coverage0.08x
Owners' fund to total sources54.58%
Debt to assets38.26%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 6 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Sales to cash flow24.54x
Statement figures
Net sales (TTM)Rs 118 Cr
Net sales (latest year)Rs 151 Cr
Sales (latest quarter)Rs 18 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -4 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -3 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 128 Cr
Total expenditure (latest year)Rs 150 Cr
Total income (latest year)Rs 155 Cr
Share capitalRs 17 Cr
ReservesRs 44 Cr
Shareholders' fundsRs 61 Cr
Total assetsRs 112 Cr
Net blockRs 35 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 2 Cr
InventoryRs 43 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)1.71
Ownership
Promoter holding58.63% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.37 is at the 15th percentile (median 0.62).
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.
PeriodLAXMICOTNifty 50Difference
1 week+0.5%-2.8% +3.3 pts
1 month+4.2%-6.8% +11.0 pts
3 months-9.3%-7.6% -1.7 pts
6 months+12.0%+0.4% +11.5 pts
1 year-45.0%-9.9% -35.1 pts
2 years-66.2%-13.6% -52.6 pts
3 years-36.4%+14.2% -50.5 pts
5 years-44.1%+27.9% -72.0 pts

Red flags

F-score 6 of 8
lookAuditor change Auditor change 2026-06-11: Laxmi Cotspin 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 2026
Sales ₹18 Cr -63.9% vs Jun 2025. Net loss ₹0 Cr.
Against our estimate for Jun 2026: sales -47.1%, profit +51.6% in line. Our estimate for Sep 2026: sales Rs 35 Cr, profit Rs -1 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-22Annual General Meeting
2022-10-28Extra-Ordinary General Meeting
2022-08-17Annual General Meeting
DateTypeWhat it says
2026-09-29Shareholder meetingVoting results.
2026-09-28Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-05UpdatesIntimation of letter sent by the Company to those shareholders whose e-mail address are not registered with the Company/RTA, as required under the SEB...
2026-09-05UpdatesBook Closure for Annual General Meeting.
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-09-04Board meeting outcomeOutcome of Board Meeting held on September 04, 2026.
2026-09-04Board meeting outcomeOutcome of Board Meeting held on September 04, 2026.
2026-08-21UpdatesFinancial Results for quarter ending on 30, June 2026 in readable format.
2026-08-11Board meeting outcomeOutcome of Board Meeting held on August 11, 2026.
2026-08-11Board meeting outcomeLaxmi Cotspin Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17Shareholder meetingVoting results.
2026-07-14Reply to Clarification- FinaThe Exchange had sought clarification from Laxmi Cotspin Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-07-13UpdatesClarification on Financial Results for the Quarter and Financial Year Ended 31st March, 2026.
2026-07-07UpdatesClarification on Financial Results for the Quarter and Financial Year Ended 31st March, 2026.
2026-06-18Clarification - Financial ReThe Exchange has sought clarification from Laxmi Cotspin Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-06-16Shareholder meetingNotice of Postal Ballot
2026-06-11Board meeting outcomeOutcome of Board Meeting held on Jun 11, 2026.
2026-06-11Change in AuditorsChange in Auditors of the company.
2026-06-11AppointmentAppointment of Mrs. Deepika Amit Dalmiya as Company Secretary & Compliance Officer of the company w.e.f. Jun 11, 2026.
2026-06-11Board meeting outcomeOutcome of Board Meeting held on Jun 11, 2026.
2026-06-11Board meeting outcomeOutcome of Board Meeting held on Jun 11, 2026.
2026-06-01ResignationResignation of Mrs. Soni Shailesh Karwa as Company Secretary & Compliance Officer of the company w.e.f. Jun 01, 2026.
2026-06-01ResignationResignation of Director/KMP/SMP
2026-05-26Resignation of Statutory AudResignation of Statutory Auditor
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.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Laxmi Cotspin Ltd?

Laxmi Cotspin Ltd (LAXMICOT) has a market capitalisation of Rs 22.9 Cr. at the 2026-10-01 close.

What were Laxmi Cotspin Ltd's latest quarterly results?

In the Jun 2026 quarter, Laxmi Cotspin Ltd sales was Rs 18 Cr (-63.9% vs Jun 2025) with a net loss of Rs 0 Cr.

What is the 52-week high and low of Laxmi Cotspin Ltd?

The 52-week high is Rs 24.44 and the 52-week low is Rs 11.36.

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