Lagnam Spintex Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 21, 2025, 10:03 pm

Market Cap	185 Cr.
Current Price	105
High / Low	176/99.5
Stock P/E	16.0
Book Value	62.3
Dividend Yield	0.48 %
ROCE	9.43 %
ROE	14.3 %
Face Value	10.0
PEG Ratio	0.49

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Lagnam Spintex Ltd

Competitors of Lagnam Spintex Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mohite Industries Ltd	106 Cr.	5.29	16.4/3.30	17.4	5.67	0.00 %	6.18 %	2.27 %	1.00
Hisar Spinning Mills Ltd	19.8 Cr.	53.0	84.0/40.8	7.65	62.4	0.00 %	12.5 %	9.50 %	10.0
Rudra Ecovation Ltd	549 Cr.	48.0	82.6/36.7		8.36	0.00 %	1.92 %	4.05 %	1.00
H P Cotton Textile Mills Ltd	41.7 Cr.	106	194/100		38.5	0.00 %	4.39 %	6.57 %	10.0
Gujarat Hy-Spin Ltd	35.4 Cr.	21.2	24.5/8.50	33.4	11.2	0.00 %	4.31 %	0.90 %	10.0
Industry Average	2,665.92 Cr	170.59		29.72	122.88	0.34%	32.24%	10.84%	7.24

All Competitor Stocks of Lagnam Spintex Ltd

Quarterly Result

Metric	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	62.71	72.93	74.72	81.34	90.95	101.44	79.23	62.93	72.13	90.37	71.72	92.55	123.58
Expenses	52.67	58.67	61.64	68.52	73.28	86.59	66.24	57.52	67.17	82.94	64.54	85.96	112.13
Operating Profit	10.04	14.26	13.08	12.82	17.67	14.85	12.99	5.41	4.96	7.43	7.18	6.59	11.45
OPM %	16.01%	19.55%	17.51%	15.76%	19.43%	14.64%	16.40%	8.60%	6.88%	8.22%	10.01%	7.12%	9.27%
Other Income	0.14	0.06	0.00	0.08	0.22	0.22	0.03	0.13	0.04	0.04	0.03	0.03	0.06
Interest	3.11	3.17	2.75	2.52	2.83	2.78	2.47	2.49	2.64	3.38	3.49	2.95	2.58
Depreciation	1.84	1.93	1.89	1.89	1.91	1.84	1.88	1.79	1.84	1.82	1.80	1.87	2.13
Profit before tax	5.23	9.22	8.44	8.49	13.15	10.45	8.67	1.26	0.52	2.27	1.92	1.80	6.80
Tax %	13.38%	32.97%	27.37%	27.09%	28.52%	32.44%	28.26%	-29.37%	25.00%	33.04%	29.17%	28.33%	31.91%
Net Profit	4.54	6.19	6.13	6.20	9.40	7.06	6.21	1.64	0.39	1.52	1.36	1.29	4.62
EPS in Rs	2.57	3.50	3.47	3.51	5.32	4.00	3.51	0.93	0.22	0.86	0.77	0.73	2.61

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Metric	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	0	36	42	49	56	75	84	80	176	205	348	305	327
Expenses	0	35	36	43	48	64	73	69	161	179	290	274	301
Operating Profit	0	2	6	6	9	11	11	11	16	26	58	31	26
OPM %		5%	14%	13%	15%	15%	13%	14%	9%	13%	17%	10%	8%
Other Income	0	0	0	-0	0	0	1	0	0	0	1	0	0
Interest	0	0	3	3	4	3	3	3	9	12	11	11	12
Depreciation	0	1	1	1	2	3	3	3	6	8	8	7	7
Profit before tax	0	0	2	2	3	6	6	6	1	7	41	13	7
Tax %		0%	18%	31%	25%	33%	18%	26%	-87%	35%	29%	23%
Net Profit	0	0	1	1	2	4	5	5	1	4	29	10	5
EPS in Rs	0.00	2.87	7.89	5.94	11.53	18.01	4.04	2.71	0.63	2.53	16.30	5.52	2.58
Dividend Payout %		0%	0%	0%	0%	0%	0%	0%	0%	20%	6%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	0.00%	100.00%	100.00%	25.00%	0.00%	-80.00%	300.00%	625.00%	-65.52%
Change in YoY Net Profit Growth (%)	0.00%	100.00%	0.00%	-75.00%	-25.00%	-80.00%	380.00%	325.00%	-690.52%

Lagnam Spintex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	26%
5 Years:	40%
3 Years:	29%
TTM:	57%

Compounded Profit Growth
10 Years:	26%
5 Years:	25%
3 Years:	48%
TTM:	32%

Stock Price CAGR
10 Years:	%
5 Years:	53%
3 Years:	10%
1 Year:	-17%

Return on Equity
10 Years:	16%
5 Years:	16%
3 Years:	20%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 9:30 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2	2	2	2	2	12	18	18	18	18	18	18	18
Reserves	8	10	12	14	18	15	36	37	41	68	77	91	92
Borrowings	27	27	37	48	45	49	122	163	168	164	184	378	354
Other Liabilities	1	2	2	6	6	9	14	25	22	31	33	47	56
Total Liabilities	38	41	53	70	72	84	189	242	249	280	311	533	519
Fixed Assets	27	25	35	51	48	52	50	158	149	144	137	354	347
CWIP	0	2	2	0	0	1	83	0	0	0	25	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	11	14	16	19	23	31	56	83	99	135	148	180	172
Total Assets	38	41	53	70	72	84	189	242	249	280	311	533	519

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2016	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	6	5	-4	-7	6	23	13	22
Cash from Investing Activity +	0	-16	-6	-82	-31	0	-2	-25	-200
Cash from Financing Activity +	0	9	2	92	32	-6	-17	8	179
Net Cash Flow	0	-0	0	7	-6	-0	4	-4	0

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	0.00	-25.00	-21.00	-31.00	-39.00	-34.00	-38.00	-111.00	-147.00	-142.00	-106.00	-153.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	50	51	50	60	44	38	88	55	62	42	34	44
Inventory Days	61	51	59	51	52	82	86	112	104	90	138	98
Days Payable	8	7	3	6	5	14	27	32	13	2	8	5
Cash Conversion Cycle	103	96	105	105	91	105	147	136	153	130	164	137
Working Capital Days	89	77	84	95	84	97	165	114	123	116	145	132
ROCE %	1%	12%	11%	12%	14%	12%	7%	5%	8%	22%	9%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	67.36%	67.36%	67.36%	68.50%	68.50%	68.50%	68.50%	68.50%	68.50%	68.50%	68.50%	68.50%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.00%	0.00%	0.00%
Public	32.65%	32.65%	32.64%	31.50%	31.50%	31.50%	31.50%	31.50%	31.46%	31.50%	31.50%	31.50%
No. of Shareholders	6,002	6,627	7,080	7,307	7,578	6,750	6,049	5,568	5,917	5,570	6,093	6,051

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	8.25	5.53	16.30	2.56	0.64
Diluted EPS (Rs.)	8.25	5.53	16.30	2.56	0.64
Cash EPS (Rs.)	13.50	9.67	20.56	6.82	4.00
Book Value[Excl.RevalReserv]/Share (Rs.)	61.66	53.36	48.31	33.32	30.75
Book Value[Incl.RevalReserv]/Share (Rs.)	61.66	53.36	48.31	33.32	30.75
Dividend / Share (Rs.)	0.50	0.00	1.00	0.50	0.00
Revenue From Operations / Share (Rs.)	247.61	172.43	197.20	116.25	99.86
PBDIT / Share (Rs.)	25.68	17.56	33.36	14.81	8.97
PBIT / Share (Rs.)	20.42	13.41	29.10	10.55	5.61
PBT / Share (Rs.)	11.78	7.20	22.95	3.96	0.34
Net Profit / Share (Rs.)	8.25	5.53	16.30	2.56	0.63
PBDIT Margin (%)	10.36	10.18	16.91	12.73	8.98
PBIT Margin (%)	8.24	7.77	14.75	9.07	5.61
PBT Margin (%)	4.75	4.17	11.63	3.40	0.34
Net Profit Margin (%)	3.33	3.20	8.26	2.20	0.63
Return on Networth / Equity (%)	13.37	10.35	33.73	7.68	2.06
Return on Capital Employeed (%)	9.77	11.20	23.99	9.76	5.89
Return On Assets (%)	2.73	3.13	10.28	1.81	0.46
Long Term Debt / Equity (X)	2.14	1.03	1.27	2.09	1.98
Total Debt / Equity (X)	3.47	1.95	1.67	2.60	2.82
Asset Turnover Ratio (%)	1.04	1.03	1.32	0.83	0.81
Current Ratio (X)	1.09	1.35	1.91	1.68	1.13
Quick Ratio (X)	0.53	0.51	1.04	1.00	0.59
Inventory Turnover Ratio (X)	3.77	3.38	4.81	3.23	5.16
Dividend Payout Ratio (NP) (%)	0.00	0.00	6.13	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.00	4.86	0.00	0.00
Earning Retention Ratio (%)	0.00	0.00	93.87	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	0.00	95.14	0.00	0.00
Interest Coverage Ratio (X)	2.97	2.83	5.42	2.25	1.70
Interest Coverage Ratio (Post Tax) (X)	1.95	1.89	3.65	1.39	1.12
Enterprise Value (Cr.)	581.46	271.01	292.67	178.30	166.44
EV / Net Operating Revenue (X)	1.33	0.88	0.83	0.86	0.94
EV / EBITDA (X)	12.82	8.73	4.97	6.81	10.50
MarketCap / Net Operating Revenue (X)	0.46	0.28	0.44	0.12	0.07
Retention Ratios (%)	0.00	0.00	93.86	0.00	0.00
Price / BV (X)	1.87	0.92	1.81	0.44	0.24
Price / Net Operating Revenue (X)	0.46	0.28	0.44	0.12	0.07
EarningsYield	0.07	0.11	0.18	0.17	0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Lagnam Spintex Ltd as of February 23, 2025 is: ₹114.58

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 23, 2025, Lagnam Spintex Ltd is Undervalued by 9.12% compared to the current share price ₹105.00

Intrinsic Value of Lagnam Spintex Ltd as of February 23, 2025 is: 151.90

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 23, 2025, Lagnam Spintex Ltd is Undervalued by 44.67% compared to the current share price ₹105.00

Last 5 Year EPS CAGR: 32.57%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (137.15 cr) and profit (7.23 cr) over the years.	The stock has a low average ROCE of 10.17%, which may not be favorable. The stock has a high average Working Capital Days of 110.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 122.67, which may not be favorable. The company has higher borrowings (135.85) compared to reserves (39.92), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Lagnam Spintex Ltd:
1. Net Profit Margin: 3.33%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 9.77% (Industry Average ROCE: 32.24%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.37% (Industry Average ROE: 10.84%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.95
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.53
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 16 (Industry average Stock P/E: 29.72)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 3.47
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Lagnam Spintex Ltd. is a Public Limited Listed company incorporated on 11/06/2010 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L17119RJ2010PLC032089 and registration number is 032089. Currently Company is involved in the business activities of Preparation and spinning of man-made fiber including blended* man-made fiber. Company's Total Operating Revenue is Rs. 437.50 Cr. and Equity Capital is Rs. 17.67 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Cotton Blended	A 51-53, RIICO Growth Centre, Bhilwara Rajasthan 311001	rparashar@lagnam.com http://www.lagnamspintex.com

Management
Name	Position Held
Mr. D P Mangal	Executive Chairman
Mr. Anand Mangal	Managing Director
Mr. Shubh Mangal	Executive Director
Mr. Vijay Singh Bapna	Independent Director
Mr. Anil Shah	Independent Director
Ms. Dipali Mathur	Independent Director
Mr. Jagadish Chandra Laddha	Independent Director

FAQ

What is the latest intrinsic value of Lagnam Spintex Ltd?

Let's break down Lagnam Spintex Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 23 February 2025:

Calculated Fair Value: ₹114.58
Current Market Price: ₹105.00
Variance: 9.12% higher

This suggests Lagnam Spintex Ltd is currently undervalued by 9.12%. For context:

Market Cap: 185 Cr.
52-Week Range: 176/99.5
Reserves (Sep 2024): ₹92 Cr
Liabilities: 519 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Lagnam Spintex Ltd?

The Market Cap of Lagnam Spintex Ltd is 185 Cr..

What is the current Stock Price of Lagnam Spintex Ltd as on 23 February 2025?

The current stock price of Lagnam Spintex Ltd as on 23 February 2025 is ₹105.

What is the High / Low of Lagnam Spintex Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Lagnam Spintex Ltd stocks is 176/99.5.

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

The Stock P/E of Lagnam Spintex Ltd is 16.0.

What is the Book Value of Lagnam Spintex Ltd?

The Book Value of Lagnam Spintex Ltd is 62.3.

What is the Dividend Yield of Lagnam Spintex Ltd?

The Dividend Yield of Lagnam Spintex Ltd is 0.48 %.

What is the ROCE of Lagnam Spintex Ltd?

The ROCE of Lagnam Spintex Ltd is 9.43 %.

What is the ROE of Lagnam Spintex Ltd?

The ROE of Lagnam Spintex Ltd is 14.3 %.

What is the Face Value of Lagnam Spintex Ltd?

The Face Value of Lagnam Spintex Ltd is 10.0.