LAXMICOT · Laxmi Cotspin Ltd · Apparel/Accessories
LAXMICOT · Laxmi Cotspin Ltd · Apparel/Accessories
As of 06 Nov close
52-week range
50.2% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹18 Cr
Revenue YoY
PAT YoY
-133.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.4
P/S (TTM)
0.2
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| LAXMICOT (this stock) | Not meaningful (earnings negative over the last 12 months) | 0.4 | -2.5% | -4.8% | 0.7 | 0.0% |
| Page Industries | 61.1 | 25.7 | +14.1% | +50.3% | 0.18 | +1.7% |
| Vardhman Textiles | 21.4 | 1.5 | +8.3% | +8.1% | 0.18 | +0.9% |
| Indo Count Industries | 57.6 | 4.1 | +3.4% | +6.4% | 0.57 | +0.3% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| LAXMICOT | 2026-10-13 | 162133 | 1 | WEAK | BULK |
| LAXMICOT | 2026-08-19 | 105711 | 1 | STRONG | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedLaxmi Cotspin Limited's 2025-26 annual report highlights the company's focus on maintaining quality standards through certifications and modern manufacturing processes. The report notes a shift in product offerings with the introduction of a new cotton roll product, while emphasizing the need for improved internal controls and compliance with regulatory requirements. Management expressed confidence in long-term growth despite challenges like fluctuating cotton prices and foreign exchange volatility.
- Commitment to quality management and textile certifications to serve domestic and international markets
- Introduction of a new product, 'OJAS COTTON ROLL,' to diversify offerings
- Acknowledgment of weaknesses including cotton price volatility and foreign exchange risks
- Focus on improving operational efficiency and capacity utilization for long-term growth
Key takeaway: Laxmi Cotspin Limited is prioritizing quality and certification compliance while addressing operational and market challenges to ensure sustainable growth in the textile sector.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceRecent (last 12 months)
The Statutory Auditor made observations/qualifications in the report dated 22nd May 2026 regarding the financial statements, specifically noting the absence of proper inventory records and supporting documentation, which prevented them from ascertaining the correctness of inventory quantity, condition, and value.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company did not disclose a shareholder's complaint lodged with SEBI's SCORES system in its Investor Grievance Statement to NSE, violating Regulation 13(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The Company has been sanctioned a working capital limit in excess of five crore rupees, indicating a potential default or covenant issue.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has issued bank guarantees totaling Rs. 237.74 Lacs to MSEB, Rs. 3 Lacs to the Director of Agriculture Produce Marketing Committee State Pune, and Rs. 0.50 Lacs to Maharashtra Pollution Control. Additionally, there are claims from the Income Tax Department amounting to Rs. 143.53 Lacs and a GST demand of ₹5.96 lakhs.
Earlier (1-3 years ago)
The company has issued bank guarantees totaling Rs. 235.74 Lacs to MSEB, Rs. 3 Lacs to the Director of Agriculture Produce Marketing Committee State Pune, Rs. 5.04 Lacs to the Dy. Commissioner of Customs, and Rs. 9.65 Lacs to DGFT for export obligations. Additionally, there are outstanding tax demands including Rs. 89.20 Lacs from the Income Tax Department, Rs. 1.13 Lacs from TDS returns, and Rs. 16.73 Lacs from GST authorities.
The company has provided bank guarantees totaling Rs. 222.74 Lacs to MSEB, Rs. 3 Lacs to a Director of Agriculfure Produce Marketing Committee, Rs. 5.04 Lacs to Dy. Commissioner of Customs, and Rs. 9.66 Lacs to DGFT for export obligations.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company entered into a material related party transaction involving an advance/intra-group funding arrangement of approximately ₹5.51 Crores with its wholly owned subsidiary, Laxmi Spintex Private Limited, without obtaining Board approval and without complying with applicable statutory requirements.
Earlier (1-3 years ago)
The company had material transactions with related parties, including services received, purchases, advances for investment, land sale, and loans, involving directors and key managerial personnel such as Mr. Sanjay Rathi, Mr. Ramesh Mundada, and Mr. Soni Karwa, with amounts disclosed in lakhs.
The company has disclosed transactions with related parties, including payments to auditors and details of key managerial personnel and directors associated with subsidiaries, as required by accounting standards.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. Ketankumar Shankarlal Shah and Mr. Vijaykumar Jainarayan Zanwer resigned from their positions as Independent Directors effective 07th August, 2025.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.14% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).