LAXMICOT
Laxmi Cotspin financials
- Market cap
- ₹23 Cr
- Sector
- Textiles
What Laxmi Cotspin Limited does
Laxmi Cotspin Limited manufactures cotton yarn along with related by-products — cotton bales, oil cake and oil seeds — from its base in Jalna, Maharashtra. It sells cotton yarn through a marketing network that covers both domestic and export markets. During FY2024-25 the company began setting up a new surgical/medical-textiles division as a diversification beyond its core spinning business.
Segments
- Cotton yarn spinning
- Spinning by-products
- Medical textiles / surgical division
- Core product lines
- 4 (cotton yarn, cotton bales, oil cake, oil seeds)
- New business vertical
- Surgical / medical-textiles division (set up during FY2024-25)
- Market reach
- Domestic and export markets for cotton yarn
Quarterly results
Q1 FY27: revenue down 63.9%, net profit down 133.6% 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 | 56 | 41 | 22 | 51 | 58 +3% | 25 −40% | 17 −23% | 18 −64% |
| EBITDA | -3 | 1 | 3 | 2 | 1 +147% | -1 −179% | -2 −161% | 1 −59% |
| Net profit | -4 | 0 | 7 | 1 | 0 +111% | -1 −648% | -1 −119% | -0 −134% |
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 −47.9% 1Y
1Y: ₹24.76 on 10 Sept 2025 → ₹12.89. High ₹24.77 (12 Sept 2025), low ₹11.88 (30 Mar 2026).
Financials, as filed
Revenue grew 2.3% a year over 2 years, FY24 to FY26. Operating margin held at 0.5%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹144 Cr | ₹150 Cr | ₹151 Cr |
| Operating profit | ₹1 Cr | ₹-0 Cr | ₹1 Cr |
| Operating margin | 0.9% | -0.3% | 0.5% |
| Interest | ₹3 Cr | ₹5 Cr | ₹4 Cr |
| Depreciation | ₹3 Cr | ₹3 Cr | ₹2 Cr |
| Net profit | ₹-0 Cr | ₹0 Cr | ₹-1 Cr |
| Net margin | -0.2% | 0.3% | -0.8% |
| Cash from operations | ₹-8 Cr | ₹9 Cr | ₹6 Cr |
| Free cash flow | ₹-9 Cr | ₹5 Cr | ₹6 Cr |
| ROCE | 4.0% | 0.0% | 2.0% |
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 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹17 Cr | ₹17 Cr | ₹17 Cr | ₹17 Cr | ₹17 Cr |
| Reserves | ₹36 Cr | ₹31 Cr | ₹46 Cr | ₹47 Cr | ₹44 Cr |
| Borrowings | ₹45 Cr | ₹42 Cr | ₹50 Cr | ₹42 Cr | ₹43 Cr |
| Other liabilities | ₹9 Cr | ₹8 Cr | ₹7 Cr | ₹11 Cr | ₹8 Cr |
| Total liabilities | ₹108 Cr | ₹98 Cr | ₹120 Cr | ₹117 Cr | ₹112 Cr |
| Fixed assets | ₹27 Cr | ₹24 Cr | ₹35 Cr | ₹37 Cr | ₹42 Cr |
| Capital work in progress | ₹2 Cr | ₹3 Cr | ₹4 Cr | ₹7 Cr | ₹2 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹79 Cr | ₹71 Cr | ₹82 Cr | ₹73 Cr | ₹67 Cr |
| Total assets | ₹108 Cr | ₹98 Cr | ₹120 Cr | ₹117 Cr | ₹112 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 grew 3% to 7,719.
- Promoters
- 58.6%
- Public
- 41.4%
Since Jun 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Over this window promoters went from 57.4% to 58.6% — +1.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 57.4%, Public 42.6%.Dec '23: Promoters 57.4%, Public 42.6%.Mar '24: Promoters 57.2%, Public 42.8%.Jun '24: Promoters 56.8%, Public 43.2%.Sep '24: Promoters 58.7%, FIIs 0.0%, Public 41.3%.Dec '24: Promoters 58.6%, Public 41.4%.Mar '25: Promoters 58.6%, Public 41.4%.Jun '25: Promoters 58.6%, Public 41.4%.Sep '25: Promoters 58.6%, Public 41.4%.Dec '25: Promoters 58.6%, Public 41.4%.Mar '26: Promoters 58.6%, Public 41.4%.Jun '26: Promoters 58.6%, Public 41.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Laxmi Cotspin Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Anand Vyapaar Private Limited | 19.78% | unchanged |
| Rameshbhai Chhotabhai Patel | 12.53% | unchanged |
| Ashva Multi Trade Private Limited | 12.05% | unchanged |
| Rajesh Puranmal Bansal | 4.05% | unchanged |
| Dinesh Kantilal Rathi | 3.91% | unchanged |
| Jagdish Kachrulal Rathi | 3.21% | unchanged |
| Rajuri Steels & Tmt Bars Private Limited | 2.93% | unchanged |
| Sanjay Kachrulal Rathi | 2.56% | unchanged |
| Bhavesh Rameshbhai Patel | 1.94% | unchanged |
| Mahendra Girdharilal | 1.50% | unchanged |
| Taraben Rameshbhai Patel | 0.99% | unchanged |
| Shivratan Shrigopal Mundada | 0.43% | 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.
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