| Sector |
Textile
|
Compare with Sector peers |
| Industry |
Textile
|
Compare with Industry peers |
| Website | http://www.axitacotton.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 48.48 Cr. | |
| Earnings per share (EPS) | 3.31 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 11.18 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 26.67 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 13.80 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 2.68 | Calculated using Price: 37.00 |
| Dividend Yield | 0.00 | Period Ending 2020-03 |
| No. of Shares Subscribed | 1.31 Cr. | 13,104,000 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
The company was incorporated as ‘Axita Cotton Private Limited’ at Ahmedabad on July 16, 2013, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Consequent up on the conversion of the Company from Private Limited Company to Public Limited Company, the name of Company was changed to ‘Axita Cotton Limited’ and fresh Certificate of Incorporation consequent up on the conversion from Private Limited Company to Public Limited Company dated October 15, 2018 was issued by the Registrar of Companies, RoC–Ahmedabad. Business area of the Company: The company is producing cotton bales and cotton seeds. The company is producing mainly two varieties of cotton bales namely Shankar-6 and MCU-5/MECH. The production facility of company is situated at Kadi in Mahesana District of Gujarat state which is close to the rich cotton growing areas of Maharashtra, Saurashtra and other regions of Gujarat. The products are sold majorily in the state of Gujarat, Rajasthan, Maharashtra and Madhya Pradesh. It is also engaged in the business of trading of Kapas, cotton bales and cotton seeds. It is also doing ginning and pressing of Kapas on job work basis. Major Events and Milestones:
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||
Company Profile
The company was incorporated as ‘Axita Cotton Private Limited’ at Ahmedabad on July 16, 2013, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Consequent up on the conversion of the Company from Private Limited Company to Public Limited Company, the name of Company was changed to ‘Axita Cotton Limited’ and fresh Certificate of Incorporation consequent up on the conversion from Private Limited Company to Public Limited Company dated October 15, 2018 was issued by the Registrar of Companies, RoC–Ahmedabad.
Business area of the Company:
The company is producing cotton bales and cotton seeds. The company is producing mainly two varieties of cotton bales namely Shankar-6 and MCU-5/MECH. The production facility of company is situated at Kadi in Mahesana District of Gujarat state which is close to the rich cotton growing areas of Maharashtra, Saurashtra and other regions of Gujarat. The products are sold majorily in the state of Gujarat, Rajasthan, Maharashtra and Madhya Pradesh. It is also engaged in the business of trading of Kapas, cotton bales and cotton seeds. It is also doing ginning and pressing of Kapas on job work basis.
Major Events and Milestones:
| 1 Day |
|
+8.82% |
| 1 Week |
|
+16.17% |
| 1 Month |
|
-7.73% |
| 3 Month |
|
+15.44% |
| 6 Month |
|
-4.64% |
| 1 Year |
|
-16.85% |
| 2 Year |
|
-12.94% |
| 5 Year |
|
| 7 years | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | |
| Return on Equity (%) | 2.29 | -11.80 | 5.33 | 1.12 | 37.00 | 4.28 | 1.97 | |
| Return on Capital Employed (%) | 2.90 | 6.76 | 10.22 | 7.98 | 16.40 | 9.22 | 10.61 | |
| Return on Assets (%) | 0.44 | -2.15 | 0.92 | 0.17 | 5.77 | 1.52 | 0.69 |
| Particulars | 7 years | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Shh. Funds | 3 | 2 | 2 | 2 | 4 | 18 | 18 | |
| Non Curr. Liab. | 5 | 3 | 4 | 7 | 1 | 0 | 0 | |
| Curr. Liab. | 6 | 8 | 8 | 8 | 18 | 20 | 46 | |
| Minority Int. | ||||||||
| Equity & Liab. | 13 | 13 | 14 | 18 | 23 | 38 | 64 | |
| Non Curr. Assets | 5 | 5 | 5 | 4 | 4 | 4 | 3 | |
| Curr. Assets | 8 | 8 | 9 | 13 | 18 | 34 | 61 | |
| Misc. Exp. not W/O | 0 | |||||||
| Total Assets | 13 | 13 | 14 | 18 | 23 | 38 | 64 |
| Particulars | 7 years | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Net Sales | 17 | 77 | 68 | 90 | 123 | 213 | 484 | |
| Other Income | 0 | 1 | 1 | 1 | 0 | 0 | ||
| Total Income | 17 | 77 | 69 | 92 | 124 | 214 | 485 | |
| Total Expenditure | -17 | -75 | -67 | -90 | -120 | -211 | -481 | |
| PBIDT | 0 | 2 | 2 | 2 | 4 | 3 | 4 | |
| Interest | 0 | -1 | -1 | -1 | -2 | -2 | -3 | |
| Depreciation | 0 | -1 | -1 | -1 | 0 | -1 | -1 | |
| Taxation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Exceptional Items | 0 | |||||||
| PAT | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Particulars | 7 years | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Cash Fr. Operatn. | -2 | 4 | 0 | -2 | 1 | -11 | 6 | |
| Cash Fr. Inv. | -5 | -1 | 0 | 0 | 0 | 0 | 0 | |
| Cash Fr. Finan. | 7 | -2 | -1 | 2 | 0 | 11 | -3 | |
| Net Change | 0 | 0 | 0 | 0 | 0 | 2 | ||
| Cash & Cash Eqvt | 0 | 0 | 0 | 0 | 1 | 3 |
|
Fri, 23 Jul 2021
Updates on Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011 Nitinbhai Govindbhai Patel has submitted to BSE a Clarification letter in connection with earlier disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011. |
|
Fri, 23 Jul 2021
Updates on disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011 Nitinbhai Govindbhai Patel has submitted to BSE a Clarification letter in connection with earlier disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011. |
|
Fri, 23 Jul 2021
Updates on disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011 Amitkumar Govindbhai Patel & Others has submitted to BSE a Clarification letter in connection with earlier disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011. |
| Fri, 23 Jul 2021 |
Stock Outperforming Benchmark Index in both 1 Week and 3 Month
|
Strongly Underperforming Benchmark index
|
Strongly Underperforming Sectoral index
|
Both SRS And ARS Above Zero
|
Close Crossing Current Week High
|
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