Axita Cotton Ltd.
Snapshot View

169.95 -1.00 ▼-0.6%

18 May 2022, 04:01:00 PM
Volume: 15,000

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.axitacotton.com
Market Cap 334.05 Cr.
Enterprise Value(EV) 338.13 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) 7.40 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 22.98 Trailing Twelve Months Ending 2022-03
Industry PE 20.79 Trailing Twelve Months Ending 2022-03
Book Value / Share 14.43 Trailing Twelve Months Ending 2022-03
Price to Book Value 11.77 Calculated using Price: 169.95
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.97 Cr. 19,656,000 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:

  • 2013: The Company was incorporated as Axita Cotton Private Limited. 
  • 2013: The Company acquired land admeasuring area of 9961 Square Meteres at Survey No. 324, 357, 358, Kadi Thol Road, Borisana, Kadi, Mahesana. 
  • 2013: The Company has installed 48 Ginning and Pressing machines which is having capacity of processing 87,600 MT/Per annum of seed cotton.
  • 2018: The Company got converted in to Public Limited Company.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.58%
1 Week
+4.17%
1 Month
+42.82%
3 Month
+60.25%
6 Month
+264.15%
1 Year
+604.31%
2 Year
+504.16%
5 Year
10 Year
8 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 2.29 -11.80 5.33 1.12 37.00 4.28 1.97 18.71
Return on Capital Employed (%) 2.90 6.76 10.22 7.98 16.40 9.22 10.61 25.70
Return on Assets (%) 0.44 -2.15 0.92 0.17 5.77 1.52 0.69 4.35

Balance Sheet View Details

Particulars 8 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. 2021-03 Rs. Cr.
Shh. Funds 3 2 2 2 4 18 18 22
Non Curr. Liab. 5 3 4 7 1 0 0 1
Curr. Liab. 6 8 8 8 18 20 46 85
Minority Int.
Equity & Liab. 13 13 14 18 23 38 64 108
Non Curr. Assets 5 5 5 4 4 4 3 3
Curr. Assets 8 8 9 13 18 34 61 104
Misc. Exp. not W/O 0
Total Assets 13 13 14 18 23 38 64 108

Profit Loss View Details

Particulars 8 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. 2021-03 Rs. Cr.
Net Sales 17 77 68 90 123 213 484 619
Other Income 0 1 1 1 0 0 0
Total Income 17 77 69 92 124 214 485 619
Total Expenditure -17 -75 -67 -90 -120 -211 -481 -610
PBIDT 0 2 2 2 4 3 4 9
Interest 0 -1 -1 -1 -2 -2 -3 -3
Depreciation 0 -1 -1 -1 0 -1 -1 0
Taxation 0 0 0 0 0 0 0 -2
Exceptional Items 0
PAT 0 0 0 0 1 0 0 4
Adjusted EPS 0 0 0 0 2 0 0 2

Cash Flow View Details

Particulars 8 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. -2 4 0 -2 1 -11 6 9
Cash Fr. Inv. -5 -1 0 0 0 0 0 0
Cash Fr. Finan. 7 -2 -1 2 0 11 -3 -2
Net Change 0 0 0 0 0 2 7
Cash & Cash Eqvt 0 0 0 0 1 3 10

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 73.26 73.26 73.26 73.26 73.26 73.26 72.37 72.37 72.37
Public 26.74 26.74 26.74 26.74 26.74 26.74 27.63 27.63 27.63
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 26 Apr 2022
Revised Audited Financial Results For The Half-Year And Year Ended On March 31 2022.
About our financial results had uploaded yesterday In Audited Financial Results for the half-year and year ended on March 31 2022 we found the mistakes.
Mon, 25 Apr 2022
Audited Financial Results For The Half-Year And Year Ended On March 31 2022.
In this connection we enclose herewith the following:1. Audited Financial Results for the half-year and year ended on March 31 2022;2. Audited Statement of Assets & Liabilities as at March 31 2022;3. Cash Flow Statement for the year ended on March 31 2022;4. The Statutory Auditors Report of the Company on the above stated financial results;5. Declaration in respect to Audit Report with unmodified opinion with respect to the aforesaid Audited Financial Results.
Mon, 25 Apr 2022
Board Meeting Outcome for Outcome Of Board Meeting_25/03/2022
The Board of Directors of the Company at their meeting held today i.e. Monday April 25 2022 have inter alia considered and approved the following:1. Audited Financial Results for the half-year and year ended on March 31 2022.2. Audited Financial Statements for the year ended on March 31 2022.3. Recommended the Dividend of ? 0.50/- per equity shares of ? 10/- each as final divided for the financial year 2021-22 subject to the approval of shareholders in the ensuing Annual General Meeting of the Company.

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase 1 Month High Increase 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 6 Months High Increase 6 Months

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 47,895.79 42,737.30 +1.5%
Trident Ltd. 25,224.98 49.50 +0.7%
Vedant Fashions Ltd. 23,250.96 958.00 -2.6%
K.P.R. Mill Ltd. 19,794.45 579.10 +0.4%
Alok Industries Ltd. 11,469.71 23.10 -1.9%
Vardhman Textiles Ltd. 10,130.37 350.60 +1.5%
Lakshmi Machine Works Ltd. 9,137.76 8,553.55 -0.4%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-12 103.77 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-12 34.61 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2022-03 73.83 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2022-03 23.51 579.10 +0.4%
Alok Industries Ltd. Consolidated 2022-03 0.00 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-12 6.90 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2022-03 50.47 8,553.55 -0.4%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-12 40.74 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-12 6.64 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2022-03 21.47 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2022-03 6.21 579.10 +0.4%
Alok Industries Ltd. Consolidated 2022-03 -0.64 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-12 1.33 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2022-03 4.59 8,553.55 -0.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2021-03 0.00 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-03 0.46 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2021-03 0.00 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2021-03 0.28 579.10 +0.4%
Alok Industries Ltd. Consolidated 2021-03 -1.37 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-03 0.33 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 0.00 8,553.55 -0.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-03 9.57 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 579.10 +0.4%
Alok Industries Ltd. Consolidated 2021-03 0.00 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 8,553.55 -0.4%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-03 9.57 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 579.10 +0.4%
Alok Industries Ltd. Consolidated 2021-03 0.00 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 8,553.55 -0.4%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 2,832.96 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-03 4,530.62 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2021-03 564.82 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2021-03 3,530.15 579.10 +0.4%
Alok Industries Ltd. Consolidated 2021-03 3,885.20 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-03 6,139.87 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 1,727.38 8,553.55 -0.4%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 340.58 42,737.30 +1.5%
Trident Ltd. Consolidated 2021-03 303.80 49.50 +0.7%
Vedant Fashions Ltd. Consolidated 2021-03 132.90 958.00 -2.6%
K.P.R. Mill Ltd. Consolidated 2021-03 515.26 579.10 +0.4%
Alok Industries Ltd. Consolidated 2021-03 -5,672.28 23.10 -1.9%
Vardhman Textiles Ltd. Consolidated 2021-03 401.84 350.60 +1.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 44.60 8,553.55 -0.4%