Lagnam Spintex Ltd.
Snapshot View

42.00 +1.20 ▲2.9%

27 July 2021, 10:19:57 A.M.
Volume: 483,000

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.lagnamspintex.com
Financial Indicators
Market Cap 72.09 Cr.
Earnings per share (EPS) 2.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 15.93 Trailing Twelve Months Ending 2021-03
Industry PE 26.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 36.78 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.11 Calculated using Price: 40.80
Dividend Yield 1.23 Period Ending 2021-03
No. of Shares Subscribed 1.77 Cr. 17,669,000 Shares
FaceValue 10
Company Profile

The company was originally incorporated on June 11, 2010 as a Private Limited under the name and style of ‘Lagnam Spintex Pvt Ltd’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Jaipur Rajasthan. Subsequently the company was converted into the public company vide special resolution passed by the shareholders at the EGM held on January, 22, 2018 and the name of the company was converted into ‘Lagnam Spintex Limited’.

Business area of the Company

Lagnam Spintex is an ISO 9001:2015 certified Company engaged in the business of manufacture of high quality yarn for domestic and export market ranging from count Ne 4 to Ne 20 which is used in Denim, Terry Towels, Bottom Wears, Home Textiles and Industrial Fabrics etc. The company is presently exporting cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh and others. It supplies to customers, who are in fields like apparel and garment industry, industrial fabrics, towels, Denims etc. At present, the company is exporting its products to countries, which are expected to grow in forthcoming times thereby offering more scope for the company to develop new markets and to increase its presence accordingly.

The company has been recognised as ‘One Star Export House’ by the Director General of Foreign Trade with a certificate valid from 2017 to 2022. It has also received OEKO Tex certification. It has a dedicated in-house Testing and Quality Control Team which undertakes rigorous testing and quality management. It is one of the few cotton yarn manufacturers globally who have received certification from USTER Technologies AG.

Major events and milestones:

  • 2012: Started commercial production
  • 2013: Started Exports
  • 2014: Completed First expansion
  • 2014: Oekotex Certificate
  • 2014: GOTS Certificate
  • 2015: Completed Second Expansion
  • 2016: Uster Certificate
  • 2017: Awarded Star Export House Certificate
  • 2017: Awarded ISO 9001:2015 certificate in Manufacture & Export of Cotton Yarn
  • 2018: Conversion of Company into Public Limited
  • 2018: Issuance of Bonus Share

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.94%
1 Week
+18.98%
1 Month
+42.37%
3 Month
+106.90%
6 Month
+158.46%
1 Year
+385.55%
2 Year
+211.11%
5 Year
8 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 11.88 11.72 13.19 19.65 20.11 12.02 2.09 8.00
Return on Capital Employed (%) 11.44 11.24 11.94 13.38 12.14 7.32 5.06 8.39
Return on Assets (%) 3.49 3.31 3.35 5.16 6.05 3.50 0.52 1.84

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 12 15 17 21 26 53 54 59
Non Curr. Liab. 20 30 39 36 32 103 114 132
Curr. Liab. 9 9 15 15 25 32 74 58
Minority Int.
Equity & Liab. 41 54 71 72 84 189 242 249
Non Curr. Assets 29 39 52 50 54 134 158 151
Curr. Assets 13 15 19 22 30 55 83 98
Misc. Exp. not W/O 0 0 0 0
Total Assets 41 54 71 72 84 189 242 249

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 42 49 56 75 84 80 176 205
Other Income 0 0 0 0 1 0 0 0
Total Income 42 50 57 75 85 81 177 206
Total Expenditure -36 -43 -48 -64 -73 -69 -161 -180
PBIDT 6 7 9 12 11 12 16 26
Interest -3 -3 -4 -3 -3 -3 -9 -12
Depreciation -1 -1 -2 -3 -3 -3 -6 -8
Taxation 0 0 -1 -2 -1 -2 1 -2
Exceptional Items
PAT 1 2 2 4 5 5 1 5

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. 4 2 6 8 5 -4 -7 6
Cash Fr. Inv. -2 -11 -16 0 -6 -82 -31 0
Cash Fr. Finan. -1 7 9 -8 2 92 32 -6
Net Change 0 -1 0 0 0 7 -6 0
Cash & Cash Eqvt 1 0 0 0 0 7 0 0

Shareholding Pattern View Details

7 Qtrs 2018-06 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 99.91 65.98 65.98 65.98 65.98 66.19 66.63
Public 0.09 34.02 34.02 34.02 34.02 33.82 33.37
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 50.00 0.00 50.00 50.00 49.85 41.87

Announcements View Details

No Corporate Announcement found.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Crossing 2 Year High Close Crossing 2 Year High

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