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Laxmi Cotspin

NSEI:LAXMICOT
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LAXMICOT
NSEI
₹223M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Laxmi Cotspin Limited engages in processing and selling textiles in India. The last earnings update was 154 days ago. More info.


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LAXMICOT Share Price and Events
7 Day Returns
0%
NSEI:LAXMICOT
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-3.7%
NSEI:LAXMICOT
-3.2%
IN Luxury
-0.7%
IN Market
LAXMICOT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Laxmi Cotspin (LAXMICOT) 0% 2.4% 0% -3.7% - -
IN Luxury 0.9% 1.6% 8.6% -3.2% 48.8% 161.5%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • LAXMICOT underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Laxmi Cotspin undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Laxmi Cotspin to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Laxmi Cotspin.

NSEI:LAXMICOT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2018-09-30) in INR ₹ .500000
Payout Ratio Company Filings (2018-09-30) 3329.7%
Discount Rate (Cost of Equity) See below 14.4%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:LAXMICOT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 35%) (178.99%))
0.771
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 8.6%)
14.43%

Discounted Cash Flow Calculation for NSEI:LAXMICOT using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Laxmi Cotspin is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NSEI:LAXMICOT Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ₹0.5 / (14.43% - 7.55%)
₹4.92
NSEI:LAXMICOT Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹4.92
Current discount Discount to share price of ₹13.00
= -1 x (₹13.00 - ₹4.92) / ₹4.92
-164%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Laxmi Cotspin is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Laxmi Cotspin's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Laxmi Cotspin's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:LAXMICOT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in INR ₹1.86
NSEI:LAXMICOT Share Price ** NSEI (2019-04-15) in INR ₹13
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Laxmi Cotspin.

NSEI:LAXMICOT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:LAXMICOT Share Price ÷ EPS (both in INR)

= 13 ÷ 1.86

7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Laxmi Cotspin is good value based on earnings compared to the IN Luxury industry average.
  • Laxmi Cotspin is good value based on earnings compared to the India market.
Price based on expected Growth
Does Laxmi Cotspin's expected growth come at a high price?
Raw Data
NSEI:LAXMICOT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
7.9%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Laxmi Cotspin, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Laxmi Cotspin's assets?
Raw Data
NSEI:LAXMICOT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in INR ₹26.79
NSEI:LAXMICOT Share Price * NSEI (2019-04-15) in INR ₹13
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:LAXMICOT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:LAXMICOT Share Price ÷ Book Value per Share (both in INR)

= 13 ÷ 26.79

0.49x

* Primary Listing of Laxmi Cotspin.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Laxmi Cotspin is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Laxmi Cotspin's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Laxmi Cotspin has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Laxmi Cotspin expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Laxmi Cotspin, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Laxmi Cotspin expected to grow at an attractive rate?
  • Laxmi Cotspin's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Laxmi Cotspin's earnings growth is positive but not above the India market average.
  • Unable to compare Laxmi Cotspin's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:LAXMICOT Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:LAXMICOT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 7.9%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:LAXMICOT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:LAXMICOT Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-09-30 1,695 32
2018-06-30 1,546 29
2018-03-31 1,397 107 26
2017-03-31 1,145 -54 27
2016-03-31 1,132 156 31

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Laxmi Cotspin's earnings are expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Laxmi Cotspin is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:LAXMICOT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Laxmi Cotspin Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LAXMICOT Past Financials Data
Date (Data in INR Millions) EPS *
2018-09-30 1.86
2018-06-30 1.68
2018-03-31 1.51
2017-03-31 1.56
2016-03-31 1.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Laxmi Cotspin will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Laxmi Cotspin's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Laxmi Cotspin has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Laxmi Cotspin performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Laxmi Cotspin's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Laxmi Cotspin's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Laxmi Cotspin's 1-year earnings growth exceeds its 5-year average (21% vs -2.7%)
  • Laxmi Cotspin's earnings growth has exceeded the IN Luxury industry average in the past year (21% vs 14.8%).
Earnings and Revenue History
Laxmi Cotspin's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Laxmi Cotspin Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LAXMICOT Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1,694.56 31.85 75.43
2018-06-30 1,545.79 28.84 73.20
2018-03-31 1,397.02 25.83 70.96
2017-03-31 1,145.12 26.80 52.99
2016-03-31 1,132.15 31.33 39.99
2015-03-31 1,047.28 22.58 36.00
2014-03-31 1,145.18 37.89 30.83
2013-03-31 1,015.06 22.48 34.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Laxmi Cotspin has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Laxmi Cotspin used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Laxmi Cotspin's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Laxmi Cotspin's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Laxmi Cotspin has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Laxmi Cotspin's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Laxmi Cotspin's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Laxmi Cotspin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Laxmi Cotspin's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Laxmi Cotspin's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Laxmi Cotspin Company Filings, last reported 6 months ago.

NSEI:LAXMICOT Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 460.91 399.01 10.91
2018-06-30 460.91 399.01 10.91
2018-03-31 442.33 551.00 12.57
2017-03-31 426.82 546.48 9.93
2016-03-31 409.50 282.64 24.97
2015-03-31 380.15 404.73 51.77
2014-03-31 367.54 333.25 21.26
2013-03-31 318.06 331.94 15.07
  • Laxmi Cotspin's level of debt (86.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (97% vs 86.6% today).
  • Debt is well covered by operating cash flow (26.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.7x coverage).
X
Financial health checks
We assess Laxmi Cotspin's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Laxmi Cotspin has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Laxmi Cotspin's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.85%
Current annual income from Laxmi Cotspin dividends.
If you bought ₹2,000 of Laxmi Cotspin shares you are expected to receive ₹77 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Laxmi Cotspin's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Laxmi Cotspin's dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:LAXMICOT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:LAXMICOT Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-25 0.500 3.816
2017-10-11 0.500 3.320

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Laxmi Cotspin has been paying a dividend for less than 10 years.
  • Laxmi Cotspin has only been paying a dividend for 2 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Laxmi Cotspin's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Laxmi Cotspin's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Laxmi Cotspin afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Laxmi Cotspin has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Laxmi Cotspin's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sanjay Rathi
COMPENSATION ₹4,200,000
AGE 52
TENURE AS CEO 4.3 years
CEO Bio

CEO Compensation
  • Sanjay's compensation has been consistent with company performance over the past year.
  • Sanjay's remuneration is higher than average for companies of similar size in India.
Management Team

Sanjay Rathi

TITLE
Chairman & MD
COMPENSATION
₹4M
AGE
52
TENURE
4.3 yrs

Anupkumar Gindodiya

TITLE
Chief Financial Officer
COMPENSATION
₹600K
AGE
33

Pooja Potdar

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹306K
AGE
31

Bhavesh Bhai Patel

TITLE
Additional Executive Director
AGE
40
Board of Directors

Sanjay Rathi

TITLE
Chairman & MD
COMPENSATION
₹4M
AGE
52

Bhavesh Bhai Patel

TITLE
Additional Executive Director
AGE
40
TENURE
2.8 yrs

Rajesh Bansal

TITLE
Non-Executive & Non Independent Director
AGE
58

Shivratan Mundada

TITLE
Non-Executive & Non-Independent Director
AGE
54

Prafullata Rathi

TITLE
Director

Ritesh Mantri

TITLE
Director

Satish Bhakkad

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Laxmi Cotspin's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Laxmi Cotspin has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Laxmi Cotspin Limited's (NSE:LAXMICOT) P/E Ratio Really That Good?

We'll show how you can use Laxmi Cotspin Limited's (NSE:LAXMICOT) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Laxmi Cotspin's P/E ratio is 6.84. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Did You Manage To Avoid Laxmi Cotspin's 17% Share Price Drop?

Investors in Laxmi Cotspin Limited (NSE:LAXMICOT) have tasted that bitter downside in the last year, as the share price dropped 17%. … Laxmi Cotspin grew its revenue by 33% over the last year. … But if revenue keeps growing, then at a certain point the share price would likely follow.

Simply Wall St -

Is Laxmi Cotspin Limited (NSE:LAXMICOT) Investing Your Capital Efficiently?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Do Directors Own Laxmi Cotspin Limited (NSE:LAXMICOT) Shares?

Every investor in Laxmi Cotspin Limited (NSE:LAXMICOT) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Laxmi Cotspin is not a large company by global standards.

Simply Wall St -

Should You Buy Laxmi Cotspin Limited (NSE:LAXMICOT) For Its Dividend?

Does Laxmi Cotspin tick all the boxes of a great dividend stock? … 5 checks you should use to assess a dividend stock … When researching a dividend stock, I always follow the following screening criteria:

Simply Wall St -

Does Laxmi Cotspin Limited's (NSE:LAXMICOT) -3.6% Earnings Drop Reflect A Longer Term Trend?

In this article, I will take a look at Laxmi Cotspin Limited's (NSE:LAXMICOT) most recent earnings update (31 March 2018) and compare these latest figures against its performance over the past few years, along with how the rest of LAXMICOT's industry performed. … LAXMICOT's trailing twelve-month earnings (from 31 March 2018) of ₹26m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of -0.8%, indicating the rate at which LAXMICOT is growing has slowed down

Simply Wall St -

Are Laxmi Cotspin Limited's (NSE:LAXMICOT) Interest Costs Too High?

Laxmi Cotspin Limited (NSE:LAXMICOT) is a small-cap stock with a market capitalization of ₹223m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes.

Simply Wall St -

Who Owns Laxmi Cotspin Limited (NSE:LAXMICOT)?

Today, I will be analyzing Laxmi Cotspin Limited’s (NSE:LAXMICOT) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

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What Does Laxmi Cotspin Limited's (NSE:LAXMICOT) PE Ratio Tell You?

Laxmi Cotspin Limited (NSE:LAXMICOT) is trading with a trailing P/E of 9.4x, which is lower than the industry average of 16.3x. … While LAXMICOT might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … Check out our latest analysis for Laxmi Cotspin

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What To Know Before Buying Laxmi Cotspin Limited (NSE:LAXMICOT) For Its Dividend

Laxmi Cotspin Limited (NSE:LAXMICOT) has returned an average dividend yield of 4.00% annually to shareholders. … Let's take a look at Laxmi Cotspin in more detail. … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:

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Company Info

Description

Laxmi Cotspin Limited engages in processing and selling textiles in India. It provides cotton yarn, bales, seeds, and waste products. The company was incorporated in 2005 and is based in Jalna, India.

Details
Name: Laxmi Cotspin Limited
LAXMICOT
Exchange: NSEI
Founded: 2005
₹222,919,710
17,147,670
Website: http://www.laxmicotspin.com
Address: Laxmi Cotspin Limited
Gut No.399,
Opposite Meenatai Thakare Vridhashram,
Jalna,
Maharashtra, 431203,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI LAXMICOT Equity Shares National Stock Exchange of India IN INR 11. Oct 2017
Number of employees
Current staff
Staff numbers
0
Laxmi Cotspin employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:57
End of day share price update: 2019/04/15 00:00
Last earnings filing: 2018/11/17
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.