---
title: "Laxmi Cotspin Ltd (LAXMICOT) — Share Price, Financials & Analysis"
symbol: "LAXMICOT"
company: "Laxmi Cotspin Ltd"
canonical: "https://tapetide.com/stocks/LAXMICOT"
isin: "INE801V01019"
nse_symbol: "LAXMICOT"
sector: "Textiles"
industry: "Textile Products"
market_cap_cr: 21.78
generated_at: "2026-09-13T19:33:27.377Z"
---

# Laxmi Cotspin Ltd (LAXMICOT)

Canonical page: https://tapetide.com/stocks/LAXMICOT

## Company

- **NSE Symbol:** LAXMICOT
- **ISIN:** INE801V01019
- **Sector:** Textiles
- **Industry:** Textile Products
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2021-11-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** laxmicotspin.com

## About

Incorporated in 2005, Laxmi Cotspin Ltd manufactures cotton yarn, cotton bales, oil cake and oil seeds[1]

## Latest Price

- **Price:** ₹12.89
- **Change:** -0.29 (-2.2%)
- **Open:** ₹13.08
- **Day High:** ₹13.47
- **Day Low:** ₹12.2
- **Previous Close:** ₹13.18
- **Volume:** 22433
- **As Of:** 2026-09-11T10:01:42+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:04.104988Z.

- **Market Cap:** ₹21.78 Cr
- **Classification:** Microcap
- **P/E (reported):** -7.7
- **EPS (TTM):** ₹-1.71
- **Book Value:** ₹28.64
- **Price to Book:** 0.46
- **Dividend Yield:** 0%
- **ROE:** 0.74%
- **ROCE:** 7.13%
- **Debt to Equity:** 0.7
- **Revenue (yearly):** ₹150.67 Cr
- **Net Income:** ₹-0.71 Cr
- **EBITDA:** ₹0.78 Cr
- **52-Week High:** ₹25.48
- **52-Week Low:** ₹11.36
- **RSI (14):** 44.59

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 29.88 | 9% |
| growth | 12.82 | 9% |
| momentum | 49.46 | 12% |
| ownership | 50 | 24% |
| quality | 52.42 | 22% |
| valuation | 56.75 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.36 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.34% over past five years.
- Company has a low return on equity of -3.39% over last 3 years.
- Earnings include an other income of Rs.3.13 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 212.62% | 99.16% | -53.74% |
| ebitda margin growth | 300% | -73.12% | -88.89% | -92.01% |
| net income growth | 71.43% | -242% | 19% | -113.15% |
| revenue growth | -0.54% | -1.97% | 2% | 5% |
| roce | -126.67% | 73.48% | -184.48% | 4.82% |
| roe | -69.23% | -272.09% | -3.99% | -106.03% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 31.49 | 31.08 | 36.79 | 30.41 | 56.4 | 41.15 | 22.46 | 50.59 | 58.23 | 24.57 | 17.28 | 18.27 |
| Expenses | 31.55 | 32.15 | 33.21 | 32.32 | 58.98 | 39.66 | 19.89 | 48.27 | 57.01 | 25.75 | 18.84 | 17.32 |
| Operating Profit | -0.06 | -1.07 | 3.58 | -1.91 | -2.58 | 1.49 | 2.57 | 2.32 | 1.22 | -1.18 | -1.56 | 0.95 |
| OPM % | -0.19 | -3.44 | 9.73 | -6.28 | -4.57 | 3.62 | 11.44 | 4.59 | 2.1 | -4.8 | -9.03 | 5.2 |
| Other Income | -0.82 | 0.32 | 5.05 | 0.2 | 0.34 | 1.1 | 6.92 | 1.48 | 0.55 | 1.46 | 1.08 | 0.04 |
| Interest | 0.92 | 0.61 | 0.83 | 1.04 | 0.96 | 1.44 | 1.14 | 1.01 | 0.94 | 0.97 | 0.95 | 0.97 |
| Depreciation | 0.8 | 0.79 | 0.64 | 0.79 | 0.78 | 0.81 | 0.83 | 0.64 | 0.41 | 0.58 | 0.56 | 0.71 |
| Profit before tax | -2.6 | -2.15 | 7.16 | -3.54 | -3.98 | 0.34 | 7.52 | 2.15 | 0.42 | -1.27 | -1.99 | -0.69 |
| Tax % | 0 | 0 | -0.84 | -1.41 | -5.28 | 20.59 | 0.93 | 39.53 | 0 | 15.75 | -28.14 | -36.23 |
| Net Profit | -2.61 | -2.15 | 7.23 | -3.49 | -3.77 | 0.27 | 7.45 | 1.3 | 0.42 | -1.47 | -1.43 | -0.44 |
| EPS in Rs | -1.52 | -1.25 | 4.22 | -2.04 | -2.2 | 0.16 | 4.34 | 0.76 | 0.24 | -0.86 | -0.83 | -0.26 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 140 | 177 | 151 | 116 | 216 | 143 | 144 | 150 | 151 | 118 |
| Expenses | 127 | 165 | 147 | 109 | 204 | 146 | 143 | 151 | 150 | 119 |
| Operating Profit | 13 | 12 | 4 | 7 | 12 | -3 | 1 | 0 | 1 | -1 |
| OPM % | 9 | 7 | 2.8 | 6 | 6 | -1.9 | 0.9 | -0.3 | 0.5 | -0.5 |
| Other Income | 1 | 1 | 2 | 0 | 2 | 1 | 5 | 9 | 5 | 3 |
| Interest | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 5 | 4 | 4 |
| Depreciation | 7 | 6 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 2 |
| Profit before tax | 4 | 4 | -1 | 1 | 8 | -7 | 0 | 0 | -1 | -4 |
| Tax % | 38 | 18 | -8 | -4 | 33 | -12 | -19 | -31 | 74 | — |
| Net Profit | 3 | 4 | -1 | 1 | 5 | -6 | 0 | 0 | -1 | -3 |
| EPS in Rs | 1.5 | 2.13 | -0.51 | 0.64 | 3.18 | -3.41 | -0.14 | 0.27 | -0.69 | -1.71 |
| Dividend Payout % | 33 | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 26 | 27 | 30 | 30 | 31 | 36 | 31 | 46 | 46 | 44 |
| Borrowings | 55 | 55 | 46 | 48 | 32 | 45 | 42 | 50 | 47 | 43 |
| Other Liabilities | 8 | 12 | 16 | 8 | 11 | 9 | 8 | 7 | 9 | 8 |
| Total Liabilities | 105 | 111 | 109 | 103 | 91 | 108 | 98 | 120 | 119 | 112 |
| Fixed Assets | 42 | 39 | 35 | 32 | 27 | 27 | 24 | 35 | 32 | 35 |
| CWIP | 1 | 0 | 0 | 2 | 2 | 2 | 3 | 4 | 6 | 2 |
| Investments | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 62 | 72 | 74 | 69 | 61 | 79 | 71 | 81 | 81 | 74 |
| Total Assets | 105 | 111 | 109 | 103 | 91 | 108 | 98 | 120 | 119 | 112 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5 | 7 | 12 | 2 | 17 | -6 | 5 | -8 | 2 | 6 |
| Cash from Investing Activity | -18 | -4 | -1 | -3 | 1 | -4 | -2 | -1 | 2 | 0 |
| Cash from Financing Activity | 22 | -3 | -11 | 2 | -18 | 9 | -3 | 10 | -5 | -6 |
| Net Cash Flow | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Free Cash Flow | -24 | 3 | 11 | -1 | 18 | -9 | 3 | -9 | 5 | 6 |
| CFO/OP | -41 | 65 | 112 | 56 | 238 | -47 | -173 | -621 | -498 | 768 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 78 | 99 | 84 | 80 | 62 | 15 | 16 | 10 | 8 | 5 |
| Inventory Days | 135 | 92 | 68 | 85 | 126 | 98 | 142 | 162 | 132 | 123 |
| Days Payable | 14 | 21 | 30 | 17 | 21 | 13 | 17 | 11 | 20 | 16 |
| Cash Conversion Cycle | 199 | 170 | 121 | 148 | 166 | 100 | 142 | 161 | 120 | 112 |
| Working Capital Days | 50 | 49 | 46 | 48 | 99 | 57 | 70 | 70 | 66 | 61 |
| ROCE % | 7 | 6 | 8 | 2 | 5 | 12 | -5 | 4 | 0 | 2 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.41% | 57.41% | 57.18% | 56.8% | 58.69% | 58.63% | 58.63% | 58.63% | 58.63% | 58.63% | 58.63% | 58.63% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.07% | 25.33% | 27.56% | 28.32% | 29.28% | 30.41% | 30.65% | 30.78% | 30.84% | 31.18% | 31.49% | 31.47% |
| Others | 18.51% | 17.26% | 15.26% | 14.89% | 12.02% | 10.96% | 10.72% | 10.59% | 10.54% | 10.19% | 9.88% | 9.9% |
| No. of Shareholders | 4581 | 5391 | 6227 | 6305 | 7374 | 8522 | 7553 | 7526 | 7523 | 7383 | 7975 | 7719 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 13.04 | Sell |
| EMA (10) | 13.18 | Sell |
| SMA (20) | 13.42 | Sell |
| EMA (20) | 13.4 | Sell |
| SMA (50) | 14.09 | Sell |
| EMA (50) | 13.86 | Sell |
| SMA (100) | 14.31 | Sell |
| EMA (100) | 14.41 | Sell |
| SMA (200) | 15.37 | Sell |
| EMA (200) | 16.08 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.44 | Neutral |
| MACD (12,26,9) | -0.3 | Sell |
| Stochastic (14,3,3) | 58.44 | Neutral |
| ADX (14) | 14.74 | Neutral |
| Williams %R (14) | -47.06 | Neutral |
| ATR (14) | 1.03 | High Volatility |
| ROC (12) | -6.19 | Sell |
| Stoch RSI (14) | 41.11 | Neutral |
| UO (7,14,28) | 45.24 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Updates](https://nsearchives.nseindia.com/corporate/LAXMICOT_05092026190128_Letter_sent_to_shareholder.pdf) |
| 2026-09-05 | [Updates](https://nsearchives.nseindia.com/corporate/LAXMICOT_05092026185604_Book_Closure.pdf) |
| 2026-09-05 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/LAXMICOT_05092026185303_Newspaper_Publication__AGM.pdf) |
| 2026-09-04 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_04092026184527_Notice_and_Annual_Report_2025-26.pdf) |
| 2026-09-01 | [Trading Window](https://nsearchives.nseindia.com/corporate/LAXMICOT_01092026124656_Trading_WIndow_Closure_01092026.pdf) |
| 2026-08-21 | [Updates](https://nsearchives.nseindia.com/corporate/LAXMICOT_21082026191147_CLarification_for_June_2026financials.pdf) |
| 2026-08-13 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/LAXMICOT_13082026172744_Newspaperpublication_s.pdf) |
| 2026-07-17 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_17072026170512_1_Laxmi_Scrutiniser_report_s.pdf) |
| 2026-07-14 | [Reply to Clarification- Financial results](https://nsearchives.nseindia.com/corporate/LAXMICOT_13072026144020_Clarification_Laxmi_1307.pdf) |
| 2026-07-13 | [Updates](https://nsearchives.nseindia.com/corporate/LAXMICOT_13072026144213_Clarification_Laxmi_1307.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_04092026175100_BM_outcome_04092026.pdf) |
| 2026-09-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_04092026175036_BM_outcome_04092026.pdf) |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_11082026184721_1_OUTCOMEOFBM_LAXMICOT_Q1_2026-27.pdf) |
| 2026-08-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_11082026185009_1_OUTCOMEOFBM_LAXMICOT_Q1_2026-27.pdf) |
| 2026-06-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_11062026190209_Outcome_of_BM_S_0001.pdf) |
| 2026-06-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_11062026191626_Outcome_of_BM_S_0001.pdf) |
| 2026-06-11 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_11062026185908_Outcome_of_BM_S_0001.pdf) |
| 2026-05-22 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_22052026175328_Outcome_of_Board_Meeting_Q4_2026.pdf) |
| 2026-04-30 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_30042026132528_Outcome_BM_s.pdf) |
| 2026-04-30 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/LAXMICOT_30042026132639_Outcome_BM_s.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 18 June 2026 - Exchange has sought clarification from Laxmi Cotspin Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On … | [Clarification - Financial Results 18 June 2026 - Exchange has sought clarification from Laxmi Cotspin Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …](https://www.nseindia.com/get-quotes/equity?symbol=LAXMICOT) |
| 1 Sep - LAXMI COTSPIN LIMITED has informed about Board Meeting to be held on 04-Sep-2026 to consider Other business. | [Board Meeting - Intimation 1 Sep - LAXMI COTSPIN LIMITED has informed about Board Meeting to be held on 04-Sep-2026 to consider Other business.](https://nsearchives.nseindia.com/corporate/ixbrl/PRIOR_INTIMATION_14767_20260901_173336206_WEB.html) |
| 1 Sep - Board meets 4 Sep 2026 to approve annual report, AGM notice, object clause addition, and MD reappointment. | [Board Meeting - Other business matters 1 Sep - Board meets 4 Sep 2026 to approve annual report, AGM notice, object clause addition, and MD reappointment.](https://nsearchives.nseindia.com/corporate/LAXMICOT_01092026172628_Intimation_of_BM_01092026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_31421_LAXMICOT_2025_2026_A_7391299_04092026185035.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27750_LAXMICOT_2024_2025_A_39126222_26082025211607.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25734_LAXMICOT_2023_2024_04092024193310.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23618_LAXMICOT_2022_2023_06092023142618_09062023150002.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20572_LAXMICOT_2021_2022_02082022184151_08022022190002.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19426_LAXMICOT_2020_2021_05092021143205_09052021150007.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17056_LAXMICOT_2019_2020_01092020123612_01092020130005.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_16078_LAXMICOT_2018_2019_27092019143857_27092019150011.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_13018_LAXMICOT_2017_2018_13082018165349.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/SME_AR_10838_LAXMICOT_2016_2017_25072017141618.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:33:27.377Z.