LAGNAM
Lagnam Spintex financials
- Market cap
- ₹128 Cr
- Sector
- Textiles
What Lagnam Spintex Limited does
Lagnam Spintex manufactures high-quality Ring (Compact & Non-Compact) and Open-end cotton yarn in counts ranging from Ne 4 to Ne 40, sold to garment, denim, terry towel, home-furnishing and industrial-fabric manufacturers. It runs a single spinning facility at Hamirgarh, Bhilwara (Rajasthan), and sells to both the domestic market and export customers across Europe, the Americas, the Middle East and Asia. It has been recognised as a Three Star Export House by the DGFT.
Segments
- Cotton yarn manufacturing
- Manufacturing facility
- 1 plant (Hamirgarh, Bhilwara, Rajasthan)
- Installed spindle capacity
- 41,472 compact yarn spindles + 25,536 normal ring yarn spindles
- Installed open-end capacity
- 1,920 rotors
- Total yarn production capacity
- 70 tonnes/day
- Manufacturing facility area
- 48,000 sq. meters
- Product count range
- Ne 4 to Ne 40
Quarterly results
Q1 FY27: revenue up 18.4%, net profit up 199.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 134 | 148 | 163 | 140 | 132 −1% | 153 +3% | 180 +10% | 166 +18% |
| EBITDA | 12 | 15 | 25 | 15 | 12 +2% | 17 +11% | 23 −6% | 21 +38% |
| Net profit | 0 | 2 | 9 | 2 | 0 +0% | 4 +57% | 8 −2% | 6 +199% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −13.3% 1Y
1Y: ₹83.71 on 10 Sept 2025 → ₹72.56. High ₹90.38 (27 Jul 2026), low ₹59.73 (24 Mar 2026).
Financials, as filed
Revenue grew 17.6% a year over 2 years, FY24 to FY26. Operating margin widened to 11.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹438 Cr | ₹606 Cr | ₹605 Cr |
| Operating profit | ₹45 Cr | ₹65 Cr | ₹67 Cr |
| Operating margin | 10.3% | 10.8% | 11.0% |
| Interest | ₹15 Cr | ₹31 Cr | ₹31 Cr |
| Depreciation | ₹9 Cr | ₹17 Cr | ₹17 Cr |
| Net profit | ₹15 Cr | ₹13 Cr | ₹14 Cr |
| Net margin | 3.3% | 2.1% | 2.4% |
| Cash from operations | ₹22 Cr | ₹24 Cr | ₹73 Cr |
| Free cash flow | ₹-179 Cr | ₹21 Cr | ₹61 Cr |
| ROCE | 9.0% | 10.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹41 Cr | ₹68 Cr | ₹77 Cr | ₹91 Cr | ₹103 Cr | ₹118 Cr |
| Borrowings | ₹168 Cr | ₹164 Cr | ₹184 Cr | ₹378 Cr | ₹388 Cr | ₹358 Cr |
| Other liabilities | ₹22 Cr | ₹31 Cr | ₹33 Cr | ₹47 Cr | ₹61 Cr | ₹78 Cr |
| Total liabilities | ₹249 Cr | ₹280 Cr | ₹311 Cr | ₹533 Cr | ₹570 Cr | ₹572 Cr |
| Fixed assets | ₹149 Cr | ₹144 Cr | ₹137 Cr | ₹354 Cr | ₹340 Cr | ₹328 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹25 Cr | ₹0 Cr | ₹0 Cr | ₹8 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹99 Cr | ₹135 Cr | ₹148 Cr | ₹180 Cr | ₹230 Cr | ₹236 Cr |
| Total assets | ₹249 Cr | ₹280 Cr | ₹311 Cr | ₹533 Cr | ₹570 Cr | ₹572 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 10% to 5,317.
- Promoters
- 68.5%
- Public
- 31.5%
Since Jun 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 68.5%, Public 31.5%.Dec '23: Promoters 68.5%, Public 31.5%.Mar '24: Promoters 68.5%, FIIs 0.0%, Public 31.5%.Jun '24: Promoters 68.5%, Public 31.5%.Sep '24: Promoters 68.5%, Public 31.5%.Dec '24: Promoters 68.5%, Public 31.5%.Mar '25: Promoters 68.5%, Public 31.5%.Jun '25: Promoters 68.5%, Public 31.5%.Sep '25: Promoters 68.5%, Public 31.5%.Dec '25: Promoters 68.5%, Public 31.5%.Mar '26: Promoters 68.5%, Public 31.5%.Jun '26: Promoters 68.5%, Public 31.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sujatha Raghunandan +0.31 pp 3.27% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Lagnam Spintex Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Lagnam Infotech Solution Private Limited | 28.49% | unchanged |
| Dwarka Prasad Mangal | 16.67% | unchanged |
| Anand Mangal | 12.58% | unchanged |
| Shubh Mangal | 7.90% | unchanged |
| Chirag Bansal | 3.40% | unchanged |
| Sujatha Raghunandan | 3.27% | +0.31 pp |
| Kavita Mangal | 1.90% | unchanged |
| Neelam Mittal | 1.13% | unchanged |
| Noveen Bothra | 1.08% | unchanged |
| Dwarka Prasad Mangal (Huf) | 0.96% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Lagnam Spintex Limited
Guides on how to read this kind of business and the numbers that matter.