Pashupati Cotspin Ltd.
Snapshot View

75.75 -2.25 ▼-2.9%

23 July 2021, 03:41:31 P.M.
Volume: 35,200

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.pashupaticotspin.com
Financial Indicators
Market Cap 115.78 Cr.
Earnings per share (EPS) 3.47 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 21.83 Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 64.42 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.18 Calculated using Price: 75.75
Dividend Yield 0.66 Period Ending 2020-03
No. of Shares Subscribed 1.53 Cr. 15,284,000 Shares
FaceValue 10
Company Profile

Pashupati Cotspin was originally incorporated as ‘Pashupati Cotspin LLP’ on January 07, 2013 under the provisions of Limited Liability Partnership Act, 2008 with Registrar of Companies, Gujarat, Dadra and Nagar Havelli vide and received a certificate of incorporation from the Registrar of Companies, Gujarat, Dadra and Nagar Havelli on January 07, 2013. Later, ‘Pashupati Cotspin LLP’ was thereafter converted from a Limited Liability Partnership into a Private Limited Company under part I Chapter XXI of Section 366 of Companies Act, 2013 with the name of ‘Pashupati Cotspin Private Limited’ and received a fresh certificate of incorporation from the Registrar of Companies Gujarat, Central registration Centre on July 03, 2017. Later, the Company was converted into Public Limited Company and consequently name of company was changed from ‘Pashupati Cotspin Private Limited’ to ‘Pashupati Cotspin Limited’ vide Special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on July 11, 2017 and a fresh certificate of incorporation dated July 18, 2017 issued by the Registrar of Companies, Ahmedabad. The firm was established with the main aim of setting up of a manufacturing plant of ginning and spinning yarn from cotton fibres. 

They are engaged in the business of processing of Kapas (raw cotton) by way of Ginning of cotton, spinning of cotton yarn and delineating Process. The products manufactured at the Company include Cotton bales, Cotton yarn and Black Cotton seeds (Delineate Seeds). By setting up of the Ginning and Spinning unit, the Company has entered into a forward integration of the Textile industry by manufacturing of cotton yarn to cope up with the changes in the fashion consciousness, development in the cotton textile sector and synchronizing with the initiatives provided by the Central and the state Government.  

Business area of the Company

The manufacturing facility of company situated at Kadi of Mahesana District in Gujarat state which is close to the rich cotton growing areas of Maharashtra and Saurashtra (region) of Gujarat. The company has established a capacity of the spindlage of total 25536 spindle, and 56 ginning units. Plant is equipped with modern and automatic plant and machinery. PCL is also using the storage space available with it for the purpose of letting it out to customers and thereby earning lease rentals as consideration.

Major Events & Milestones:

  • 2013: Registration of Limited Liability Partnership, ‘Pashupati Cotspin LLP’ with Registrar of Companies, Dadar and Nagar Haveli, Gujarat. 
  • 2013: Started Business as Limited Liability Partnership in the name of ‘Pashupati Cotspin LLP’.
  • 2017: Conversion of Limited Liability Partnership into Private Limited Company ‘Pashupati Cotspin Private Limited’.
  • 2017: Conversion of Company from Private Limited to Public Limited Company.   

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.88%
1 Week
-2.88%
1 Month
-2.88%
3 Month
-1.24%
6 Month
+31.51%
1 Year
+8.60%
2 Year
+30.49%
5 Year
3 years 2018-03 2019-03 2020-03
Return on Equity (%) -1.22 16.65 5.29
Return on Capital Employed (%) 7.97 13.02 6.81
Return on Assets (%) -0.27 3.96 1.43

Balance Sheet View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 52 69 84
Non Curr. Liab. 89 69 49
Curr. Liab. 96 103 111
Minority Int.
Equity & Liab. 237 241 244
Non Curr. Assets 121 121 111
Curr. Assets 116 120 133
Misc. Exp. not W/O
Total Assets 237 241 244

Profit Loss View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 334 538 397
Other Income 1 1 2
Total Income 335 539 399
Total Expenditure -310 -495 -375
PBIDT 25 44 24
Interest -10 -16 -12
Depreciation -8 -13 -13
Taxation -7 -1 2
Exceptional Items -4 3
PAT -1 9 3

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -18 44 28
Cash Fr. Inv. -25 -12 -2
Cash Fr. Finan. 40 -32 -26
Net Change -3 0 0
Cash & Cash Eqvt 2 2 2

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 89.00 64.91 64.91 64.91 64.91 64.91 64.15 65.80 68.99
Public 11.00 35.09 35.10 35.09 35.09 35.09 35.84 34.21 31.01
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

No Corporate Announcement found.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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