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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Laxmi Cotspin Ltd

About the Company - Laxmi Cotspin Ltd

Laxmi Cotspin Ltd. is a Public Limited Listed company incorporated on 07/10/2005 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17120MH2005PLC156866 and registration number is 156866. Currently company belongs to the Industry of Textiles - General. Company’s Total Operating Revenue is Rs. 215.94 Cr. and Equity Capital is Rs. 17.15 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - GeneralNo.399, Samangaon-Kajla Road, In Front Of Meenatai Thakare Vridhashram, Jalna Maharashtra 431203admin@laxmicotspin.com
http://www.laxmicotspin.com
Management
NamePosition Held
Mr. Sanjay Kachrulal RathiChairman & Managing Director
Mrs. Prafullata Sanjaykumar RathiWhole Time Director
Mr. Gopal MundadaIndependent Director
Mr. Kailash BiyaniIndependent Director
Mr. Shivratan Shrigopal MundadaExecutive Director
Mr. Ramesh Gopikishan MundadaExecutive Director
Mr. Vijaykumar Jainarayan ZanwerIndependent Director
Mr. Ketan S ShahIndependent Director

Basic Stock Data of Laxmi Cotspin Ltd

Last Updated: June 17, 2024, 8:26 pm

Market Cap 56.5 Cr.
Current Price 32.9
High / Low38.8/18.5
Stock P/E97.4
Book Value 36.7
Dividend Yield0.00 %
ROCE3.66 %
ROE1.05 %
Face Value 10.0
PEG Ratio-2.97

Laxmi Cotspin Ltd Quarterly Results

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales71.6343.6445.1055.5840.2133.3428.3741.3744.6631.4931.08
Expenses67.3641.0342.0353.2938.9132.2133.8241.3245.7731.5532.15
Operating Profit4.272.613.072.291.301.13-5.450.05-1.11-0.06-1.07
OPM %5.96%5.98%6.81%4.12%3.23%3.39%-19.21%0.12%-2.49%-0.19%-3.44%
Other Income0.300.920.420.020.760.330.40-0.060.05-0.820.32
Interest0.710.720.790.360.830.69-0.200.710.850.920.61
Depreciation0.930.790.790.730.840.800.800.810.800.800.79
Profit before tax2.932.021.911.220.39-0.03-5.65-1.53-2.71-2.60-2.15
Tax %24.91%36.63%25.13%57.38%25.64%700.00%1.59%50.98%0.00%0.00%0.00%
Net Profit2.201.291.440.520.290.17-5.57-0.75-2.71-2.61-2.15
EPS in Rs1.280.750.840.300.170.10-3.25-0.44-1.58-1.52-1.25

Last Updated: June 6, 2024, 8:37 am

Laxmi Cotspin Ltd Quarterly Chart

Laxmi Cotspin Ltd Profit & Loss

Last Updated: June 1, 2024, 9:34 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales82102115105113115140177151116216143146
Expenses769010293101103127165147109204146152
Operating Profit6111311121113124712-3-7
OPM %8%11%11%11%11%10%9%7%3%6%6%-2%-4%
Other Income311200112021-0
Interest5444322333322
Depreciation4456767643333
Profit before tax13533444-118-7-12
Tax %44%35%19%24%-13%29%38%18%8%-4%33%12%
Net Profit02423334-115-6-12
EPS in Rs0.261.312.211.321.831.561.502.13-0.510.643.18-3.41-6.79
Dividend Payout %0%0%23%38%27%32%33%23%0%0%0%0%

Laxmi Cotspin Ltd Profit & Loss Yearly Chart

Laxmi Cotspin Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:-4%
3 Years:7%
TTM:1%
Compounded Profit Growth
10 Years:-17%
5 Years:-31%
3 Years:-26%
TTM:110%
Stock Price CAGR
10 Years:%
5 Years:19%
3 Years:27%
1 Year:54%
Return on Equity
10 Years:3%
5 Years:0%
3 Years:0%
Last Year:1%

Last Updated: June 23, 2024, 6:49 am

Laxmi Cotspin Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171717171717171717171717
Reserves11152021242627303031363125
Borrowings35333340285555464832454237
Other Liabilities126128681216811988
Total Liabilities7571828676105111109103911089887
Fixed Assets31343234294239353227272422
CWIP1110110022234
Investments0000000001000
Other Assets43364952456272746961797161
Total Assets7571828676105111109103911089887

Laxmi Cotspin Ltd Reserves and Borrowings Chart

Laxmi Cotspin Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 17106916-5712217-65
Cash from Investing Activity -2-4-2-8-3-18-4-1-31-4-2
Cash from Financing Activity -16-7-42-1622-3-112-189-3
Net Cash Flow-1013-3-20-00-0-00

Laxmi Cotspin Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days634671616778998480621516
Inventory Days9245721007313592688512698142
Days Payable531731141014213017211317
Cash Conversion Cycle10375112147129199170121148166100142
Working Capital Days136107103125108159145112139148115155
ROCE %8%12%13%10%8%7%6%8%2%5%12%-5%

Laxmi Cotspin Ltd Financial Efficiency Indicators Chart

Laxmi Cotspin Ltd Share Holding Pattern

MonthMar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters56.67%56.56%57.38%57.40%57.40%57.41%57.41%57.41%57.41%57.41%57.41%57.18%
Public43.33%43.44%42.62%42.60%42.60%42.59%42.59%42.59%42.59%42.59%42.59%42.83%
No. of Shareholders4134401,1342,1693,5753,9233,9934,2054,2754,5815,3916,227

Laxmi Cotspin Ltd Shareholding Pattern Chart

No. of Laxmi Cotspin Ltd Shareholders

This stock is not held by any mutual fund

Laxmi Cotspin Ltd ROCE Trend

Laxmi Cotspin Ltd EPS Trend

Laxmi Cotspin Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22
FaceValue10.0010.0010.00
Basic EPS (Rs.)-0.16-3.403.17
Diluted EPS (Rs.)-0.16-3.403.17
Cash EPS (Rs.)1.61-1.515.06
Book Value[Excl.RevalReserv]/Share (Rs.)36.6927.8431.24
Book Value[Incl.RevalReserv]/Share (Rs.)36.6927.8431.24
Revenue From Operations / Share (Rs.)83.9983.56125.93
PBDIT / Share (Rs.)3.92-0.907.93
PBIT / Share (Rs.)2.15-2.816.04
PBT / Share (Rs.)-0.21-3.994.72
Net Profit / Share (Rs.)-0.15-3.423.18
NP After MI And SOA / Share (Rs.)-0.15-3.423.18
PBDIT Margin (%)4.66-1.086.29
PBIT Margin (%)2.56-3.364.79
PBT Margin (%)-0.25-4.773.74
Net Profit Margin (%)-0.18-4.082.52
NP After MI And SOA Margin (%)-0.18-4.082.52
Return on Networth / Equity (%)-0.42-12.2710.17
Return on Capital Employeed (%)5.27-8.4216.00
Return On Assets (%)-0.22-5.955.06
Long Term Debt / Equity (X)0.100.180.19
Total Debt / Equity (X)0.790.880.83
Asset Turnover Ratio (%)1.321.390.00
Current Ratio (X)1.571.681.79
Quick Ratio (X)0.510.530.68
Inventory Turnover Ratio (X)2.292.610.00
Interest Coverage Ratio (X)2.09-0.765.28
Interest Coverage Ratio (Post Tax) (X)1.17-1.893.00
Enterprise Value (Cr.)94.9772.4576.72
EV / Net Operating Revenue (X)0.650.500.35
EV / EBITDA (X)14.12-46.555.64
MarketCap / Net Operating Revenue (X)0.310.210.14
Price / BV (X)0.720.630.60
Price / Net Operating Revenue (X)0.310.210.14
EarningsYield-0.01-0.190.16

Laxmi Cotspin Ltd Profitability Ratios (%)

Laxmi Cotspin Ltd Liquidity Ratios

Laxmi Cotspin Ltd Liquidity Ratios (%)

Laxmi Cotspin Ltd Interest Coverage Ratios (%)

Laxmi Cotspin Ltd Valuation Ratios

Fair Value

Fair Value: 38.28

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.

Undervalued: 16.36% compared to the current price 32.9

Intrinsic Value: 25.74

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 21.77% compared to the current price ₹32.9

Last 5 Year EPS CAGR: -32.77%

*Investments are subject to market risks

Strength and Weakness of Laxmi Cotspin Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (132.38 cr) and profit (1.23 cr) over the years.
  1. The stock has a low average ROCE of 7.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 129.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 134.33, which may not be favorable.
  4. The company has higher borrowings (40.69) compared to reserves (25.15), which may suggest financial risk.

FAQ

What is the latest fair value of Laxmi Cotspin Ltd?

The latest fair value of Laxmi Cotspin Ltd is ₹38.28.

What is the Market Cap of Laxmi Cotspin Ltd?

The Market Cap of Laxmi Cotspin Ltd is 56.5 Cr..

What is the current Stock Price of Laxmi Cotspin Ltd as on 25 June 2024?

The current stock price of Laxmi Cotspin Ltd as on 25 June 2024 is ₹32.9.

What is the High / Low of Laxmi Cotspin Ltd stocks in FY 2024?

In FY 2024, the High / Low of Laxmi Cotspin Ltd stocks is 38.8/18.5.

What is the Stock P/E of Laxmi Cotspin Ltd?

The Stock P/E of Laxmi Cotspin Ltd is 97.4.

What is the Book Value of Laxmi Cotspin Ltd?

The Book Value of Laxmi Cotspin Ltd is 36.7.

What is the Dividend Yield of Laxmi Cotspin Ltd?

The Dividend Yield of Laxmi Cotspin Ltd is 0.00 %.

What is the ROCE of Laxmi Cotspin Ltd?

The ROCE of Laxmi Cotspin Ltd is 3.66 %.

What is the ROE of Laxmi Cotspin Ltd?

The ROE of Laxmi Cotspin Ltd is 1.05 %.

What is the Face Value of Laxmi Cotspin Ltd?

The Face Value of Laxmi Cotspin Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Laxmi Cotspin Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE