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Laxmi Cotspin Ltd share price logo

Laxmi Cotspin Ltd

(LAXMICOT)

₹41.4815.32%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹35.06
    ₹42.38
  • 52 Week's Low

    52 Week's High

    ₹19.95
    ₹42.38
1 Month Return+ 18.89 %
3 Month Return+ 33.16 %
1 Year Return+ 82.33 %
Previous Close₹35.97
Open₹36.50
Volume22.30L
Upper Circuit-
Lower Circuit-
Market Cap₹61.68Cr

Key Statistics

P/E Ratio-68
PEG Ratio-14.91
Market Cap₹61.68 Cr
P/B Ratio0.64
EPS-3.42
Dividend Yield0
SectorTextiles
ROE-11.55

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹61.68 Cr53.42%0.74-₹6 Cr₹143 Cr
NA₹125.33 Cr28.93%0.50NANA
NA₹31.13 Cr38.62%3.72NANA
NA₹13.85 Cr159.6%1.81NANA
NA₹415.18 Cr13.65%0.79-₹15 Cr₹924 Cr

Company Information

Laxmi Cotspin Limited is a Maharashtra-based textile firm established in 2005. It is engaged in the business of cotton processing, producing yarn and various home textiles. The facility in Samangaon has a capacity of 16,800 spindles and a 1200 Rotor open-end unit. It boasts a strong customer base and a reliable marketing setup, as well as its own organic cotton farming project with 4750 farmers. The plant also features modern dust and pollution control systems, as well as fully automated colour and yarn conditioners. Approved as a Mega Project under the Maharashtra State Government IPS Scheme 2007, the firm’s operations are supported by significant testing instruments in its quality assurance laboratory. Moving forwards, the aim is for an increased yield capacity of 40,000 bales of Kapas and BS certified cotton bales per crop season.

Share Price: ₹41.48 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹61.68Cr as of today
Revenue: ₹30.41Cr as on June 2024 (Q2 24)
Net Profit: ₹-3.49Cr as on June 2024 (Q2 24)
Listing date: 31 Mar, 2017
Chairperson Name: Rajesh Bansal
OrganisationLaxmi Cotspin Ltd
HeadquartersJalana
IndustryTextiles
E-voting on sharesClick here to vote

Insights on Laxmi Cotspin Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 42.82% to 43.20% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, LAXMICOT stock has moved up by 25.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 106.5% return, outperforming this stock by 24.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 372.3% return, outperforming this stock by 301.2%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 41.85 Cr → 30.61 Cr (in ₹), with an average decrease of 26.9% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 57.18% to 56.80% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 7.2 Cr → -3.49 Cr (in ₹), with an average decrease of 148.5% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹44.66Cr (-)₹31.49Cr (↓29.49%)₹31.08Cr (↓1.30%)₹36.79Cr (↑18.37%)₹30.41Cr (↓17.34%)
Net Income-₹2.71Cr (-)-₹2.61Cr (↓3.69%)-₹2.15Cr (↓17.62%)₹7.20Cr (↓434.88%)-₹3.49Cr (↓148.47%)
Net Profit Margin-6.07% (-)-8.29% (↑36.57%)-6.92% (↓16.53%)19.57% (↓382.80%)-11.48% (↓158.66%)
Value in ₹ crore
Details2020202120222023
Total Assets₹103.27Cr (-)₹91.78Cr (↓11.13%)₹107.52Cr (↑17.15%)₹98.44Cr (↓8.44%)
Total Liabilities₹56.24Cr (-)₹43.67Cr (↓22.35%)₹53.94Cr (↑23.52%)₹50.68Cr (↓6.04%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow₹12.41Cr (-)₹2.00Cr (↓83.88%)₹16.84Cr (↑742.00%)-₹5.70Cr (↓133.85%)₹4.77Cr (↓183.68%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.8%
-0.66
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
43.2%
0.89
Others
0%
0.00

Key Indicators

Details2023
Earning Per Share (₹)-3.42
Details20192020202120222023
Return On Equity %8.03-1.853.0310.72-11.55
Details2023
Return On Assets %-5.95
Details2023
Book Value Per Share (₹)27.85

Laxmi Cotspin Ltd Valuation

Laxmi Cotspin Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-219.38x)

April 18, 2024

Today (-68.00x)

September 6, 2024

Industry (95.24x)

September 6, 2024

Highest (34.86x)

December 15, 2022

LowHigh

Earnings and Dividends

  • Laxmi Cotspin Ltd Earnings Results

    Laxmi Cotspin Ltd’s net profit fell -28.78% since last year same period to ₹-3.49Cr in the Q1 2024-2025. On a quarterly growth basis, Laxmi Cotspin Ltd has generated -148.47% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Laxmi Cotspin Ltd Dividends May,2018

    In the quarter ending March 2018, Laxmi Cotspin Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.21%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Laxmi Cotspin Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Laxmi Cotspin Ltd (LAXMICOT) share price today is ₹41.48

Laxmi Cotspin Ltd is listed on NSE

Laxmi Cotspin Ltd is not listed on BSE

  • Today’s highest price of Laxmi Cotspin Ltd is ₹42.38.
  • Today’s lowest price of Laxmi Cotspin Ltd is ₹35.06.

PE Ratio of Laxmi Cotspin Ltd is -68

PE ratio = Laxmi Cotspin Ltd Market price per share / Laxmi Cotspin Ltd Earnings per share

Today’s traded volume of Laxmi Cotspin Ltd(LAXMICOT) is 22.30L.

Today’s market capitalisation of Laxmi Cotspin Ltd(LAXMICOT) is ₹61.68Cr.

Laxmi Cotspin Ltd(LAXMICOTPrice
52 Week High
₹42.38
52 Week Low
₹19.95

Laxmi Cotspin Ltd(LAXMICOT) share price is ₹41.48. It is down -2.12% from its 52 Week High price of ₹42.38

Laxmi Cotspin Ltd(LAXMICOT) share price is ₹41.48. It is up 107.92% from its 52 Week Low price of ₹19.95

Laxmi Cotspin Ltd(LAXMICOTReturns
1 Day Returns
5.51%
1 Month Returns
18.89%
3 Month Returns
33.16%
1 Year Returns
82.33%