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Lagnam Spintex NSEI:LAGNAM Stock Report

Last Price

₹119.69

Market Cap

₹2.1b

7D

-5.2%

1Y

36.2%

Updated

22 Jan, 2025

Data

Company Financials

Lagnam Spintex Limited

NSEI:LAGNAM Stock Report

Market Cap: ₹2.1b

LAGNAM Stock Overview

Manufactures and sells cotton yarns in India and internationally. More details

LAGNAM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health1/6
Dividends2/6

Rewards

Price-To-Earnings ratio (15.2x) is below the Indian market (31.2x)

Earnings grew by 204.4% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Highly volatile share price over the past 3 months compared to the Indian market

Does not have a meaningful market cap (₹2B)

Dividend of 0.42% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Lagnam Spintex Limited Competitors

BSL

BSE:514045

₹2.4b

Surat Trade and Mercantile

BSE:530185

₹1.7b

Shri Dinesh Mills

BSE:503804

₹2.1b

Weizmann

NSEI:WEIZMANIND

₹2.0b

Price History & Performance

Summary of share price highs, lows and changes for Lagnam Spintex
Historical stock prices
Current Share Price₹119.69
52 Week High₹175.76
52 Week Low₹86.75
Beta0.79
1 Month Change-4.79%
3 Month Change15.41%
1 Year Change36.17%
3 Year Change27.53%
5 Year Change1,029.15%
Change since IPO207.29%

Recent News & Updates

Little Excitement Around Lagnam Spintex Limited's (NSE:LAGNAM) Earnings

Dec 10
Little Excitement Around Lagnam Spintex Limited's (NSE:LAGNAM) Earnings

Lagnam Spintex (NSE:LAGNAM) Is Looking To Continue Growing Its Returns On Capital

Nov 07
Lagnam Spintex (NSE:LAGNAM) Is Looking To Continue Growing Its Returns On Capital

Lagnam Spintex Limited (NSE:LAGNAM) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Sep 03
Lagnam Spintex Limited (NSE:LAGNAM) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Recent updates

Little Excitement Around Lagnam Spintex Limited's (NSE:LAGNAM) Earnings

Dec 10
Little Excitement Around Lagnam Spintex Limited's (NSE:LAGNAM) Earnings

Lagnam Spintex (NSE:LAGNAM) Is Looking To Continue Growing Its Returns On Capital

Nov 07
Lagnam Spintex (NSE:LAGNAM) Is Looking To Continue Growing Its Returns On Capital

Lagnam Spintex Limited (NSE:LAGNAM) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Sep 03
Lagnam Spintex Limited (NSE:LAGNAM) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Increases to Lagnam Spintex Limited's (NSE:LAGNAM) CEO Compensation Might Cool off for now

Jul 11
Increases to Lagnam Spintex Limited's (NSE:LAGNAM) CEO Compensation Might Cool off for now

Additional Considerations Required While Assessing Lagnam Spintex's (NSE:LAGNAM) Strong Earnings

Jul 01
Additional Considerations Required While Assessing Lagnam Spintex's (NSE:LAGNAM) Strong Earnings

Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Apr 26
Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Returns On Capital At Lagnam Spintex (NSE:LAGNAM) Have Hit The Brakes

Apr 03
Returns On Capital At Lagnam Spintex (NSE:LAGNAM) Have Hit The Brakes

Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 26% But Many Are Still Ignoring The Company

Feb 12
Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 26% But Many Are Still Ignoring The Company

Market Cool On Lagnam Spintex Limited's (NSE:LAGNAM) Revenues

Dec 29
Market Cool On Lagnam Spintex Limited's (NSE:LAGNAM) Revenues

Lagnam Spintex (NSE:LAGNAM) Has More To Do To Multiply In Value Going Forward

Jul 05
Lagnam Spintex (NSE:LAGNAM) Has More To Do To Multiply In Value Going Forward

Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

Jun 08
Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

Lagnam Spintex (NSE:LAGNAM) Has Some Way To Go To Become A Multi-Bagger

Mar 18
Lagnam Spintex (NSE:LAGNAM) Has Some Way To Go To Become A Multi-Bagger

Is Lagnam Spintex (NSE:LAGNAM) Using Too Much Debt?

Feb 20
Is Lagnam Spintex (NSE:LAGNAM) Using Too Much Debt?

Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Jul 21
Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Does Lagnam Spintex (NSE:LAGNAM) Deserve A Spot On Your Watchlist?

May 12
Does Lagnam Spintex (NSE:LAGNAM) Deserve A Spot On Your Watchlist?

Shareholders Would Enjoy A Repeat Of Lagnam Spintex's (NSE:LAGNAM) Recent Growth In Returns

Feb 23
Shareholders Would Enjoy A Repeat Of Lagnam Spintex's (NSE:LAGNAM) Recent Growth In Returns

We Think Lagnam Spintex (NSE:LAGNAM) Is Taking Some Risk With Its Debt

Jan 10
We Think Lagnam Spintex (NSE:LAGNAM) Is Taking Some Risk With Its Debt

Lagnam Spintex (NSE:LAGNAM) Is Experiencing Growth In Returns On Capital

Sep 30
Lagnam Spintex (NSE:LAGNAM) Is Experiencing Growth In Returns On Capital

Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Aug 03
Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Here's What's Concerning About Lagnam Spintex's (NSE:LAGNAM) Returns On Capital

Jun 01
Here's What's Concerning About Lagnam Spintex's (NSE:LAGNAM) Returns On Capital

Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

May 05
Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

Should You Be Impressed By Lagnam Spintex's (NSE:LAGNAM) Returns on Capital?

Feb 28
Should You Be Impressed By Lagnam Spintex's (NSE:LAGNAM) Returns on Capital?

Chairman Dwarka Mangal Just Bought A Handful Of Shares In Lagnam Spintex Limited (NSE:LAGNAM)

Jan 06
Chairman Dwarka Mangal Just Bought A Handful Of Shares In Lagnam Spintex Limited (NSE:LAGNAM)

Have Insiders Been Buying Lagnam Spintex Limited (NSE:LAGNAM) Shares This Year?

Dec 11
Have Insiders Been Buying Lagnam Spintex Limited (NSE:LAGNAM) Shares This Year?

Shareholder Returns

LAGNAMIN LuxuryIN Market
7D-5.2%-1.1%0.2%
1Y36.2%2.7%12.0%

Return vs Industry: LAGNAM exceeded the Indian Luxury industry which returned 2.7% over the past year.

Return vs Market: LAGNAM exceeded the Indian Market which returned 12% over the past year.

Price Volatility

Is LAGNAM's price volatile compared to industry and market?
LAGNAM volatility
LAGNAM Average Weekly Movement10.5%
Luxury Industry Average Movement6.4%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: LAGNAM's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: LAGNAM's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010835Anand Mangalwww.lagnamspintex.com

Lagnam Spintex Limited manufactures and sells cotton yarns in India and internationally. Its products are used in various applications, such as denims, terry towels, knitting, shirting, sheeting, sweaters, socks, weaving, bottom wear, home textile, and industrial fabrics. It also engages in production of yarn spun on perforated tubes; low twist, high RKM OE yarn; and low twist yarn in OE.

Lagnam Spintex Limited Fundamentals Summary

How do Lagnam Spintex's earnings and revenue compare to its market cap?
LAGNAM fundamental statistics
Market cap₹2.11b
Earnings (TTM)₹138.78m
Revenue (TTM)₹5.68b

15.2x

P/E Ratio

0.4x

P/S Ratio

Is LAGNAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LAGNAM income statement (TTM)
Revenue₹5.68b
Cost of Revenue₹4.28b
Gross Profit₹1.40b
Other Expenses₹1.26b
Earnings₹138.78m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.85
Gross Margin24.61%
Net Profit Margin2.45%
Debt/Equity Ratio321.3%

How did LAGNAM perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

6%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 23:09
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lagnam Spintex Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution