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