Axita Cotton Ltd.
Snapshot View

37.00 +3.00 ▲8.8%

23 July 2021, 04:00:00 P.M.
Volume: 28,000

Overview View Details

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:

  • 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
+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

Balance Sheet View Details

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

Profit Loss View Details

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

Cash Flow View Details

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

Shareholding Pattern View Details

8 Qtrs 2018-09 (%) 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 100.00 73.26 73.26 73.26 73.26 73.26 73.26 73.26
Public 0.00 26.74 26.74 26.74 26.74 26.74 26.74 26.74
Depository Receipts 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

Announcements View Details

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.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Close Crossing Current Week High Close Crossing Current Week High

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