Laxmi Cotspin Limited

NSEI:LAXMICOT Stock Report

Market Cap: ₹540.3m

Laxmi Cotspin Management

Management criteria checks 2/4

Laxmi Cotspin's CEO is Sanjay Rathi, appointed in Jan 2015, has a tenure of 9.92 years. total yearly compensation is ₹7.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.56% of the company’s shares, worth ₹13.84M. The average tenure of the management team and the board of directors is 2.4 years and 3.9 years respectively.

Key information

Sanjay Rathi

Chief executive officer

₹7.2m

Total compensation

CEO salary percentage100.0%
CEO tenure9.9yrs
CEO ownership2.6%
Management average tenure2.4yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

Laxmi Cotspin Limited's (NSE:LAXMICOT) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Aug 23
Laxmi Cotspin Limited's (NSE:LAXMICOT) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Does Laxmi Cotspin (NSE:LAXMICOT) Have A Healthy Balance Sheet?

Jul 30
Does Laxmi Cotspin (NSE:LAXMICOT) Have A Healthy Balance Sheet?

Why Investors Shouldn't Be Surprised By Laxmi Cotspin Limited's (NSE:LAXMICOT) Low P/S

Jun 05
Why Investors Shouldn't Be Surprised By Laxmi Cotspin Limited's (NSE:LAXMICOT) Low P/S

Is Laxmi Cotspin (NSE:LAXMICOT) A Risky Investment?

Feb 18
Is Laxmi Cotspin (NSE:LAXMICOT) A Risky Investment?

There's Reason For Concern Over Laxmi Cotspin Limited's (NSE:LAXMICOT) Price

Dec 27
There's Reason For Concern Over Laxmi Cotspin Limited's (NSE:LAXMICOT) Price

Is Laxmi Cotspin (NSE:LAXMICOT) Weighed On By Its Debt Load?

Sep 07
Is Laxmi Cotspin (NSE:LAXMICOT) Weighed On By Its Debt Load?

Laxmi Cotspin (NSE:LAXMICOT) Has A Somewhat Strained Balance Sheet

Dec 26
Laxmi Cotspin (NSE:LAXMICOT) Has A Somewhat Strained Balance Sheet

Here's Why Laxmi Cotspin (NSE:LAXMICOT) Is Weighed Down By Its Debt Load

Aug 31
Here's Why Laxmi Cotspin (NSE:LAXMICOT) Is Weighed Down By Its Debt Load

Here's Why We Think Laxmi Cotspin (NSE:LAXMICOT) Might Deserve Your Attention Today

Jul 23
Here's Why We Think Laxmi Cotspin (NSE:LAXMICOT) Might Deserve Your Attention Today

We Think Laxmi Cotspin (NSE:LAXMICOT) Can Stay On Top Of Its Debt

Nov 18
We Think Laxmi Cotspin (NSE:LAXMICOT) Can Stay On Top Of Its Debt

Sanjay Rathi Is The MD & Director of Laxmi Cotspin Limited (NSE:LAXMICOT) And They Just Picked Up 9.5% More Shares

Feb 27
Sanjay Rathi Is The MD & Director of Laxmi Cotspin Limited (NSE:LAXMICOT) And They Just Picked Up 9.5% More Shares

What Does Laxmi Cotspin's (NSE:LAXMICOT) CEO Pay Reveal?

Dec 06
What Does Laxmi Cotspin's (NSE:LAXMICOT) CEO Pay Reveal?

CEO Compensation Analysis

How has Sanjay Rathi's remuneration changed compared to Laxmi Cotspin's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹23m

Jun 30 2024n/an/a

-₹11m

Mar 31 2024₹7m₹7m

-₹3m

Dec 31 2023n/an/a

-₹82m

Sep 30 2023n/an/a

-₹116m

Jun 30 2023n/an/a

-₹89m

Mar 31 2023₹6m₹6m

-₹59m

Dec 31 2022n/an/a

-₹46m

Sep 30 2022n/an/a

₹24m

Jun 30 2022n/an/a

₹35m

Mar 31 2022₹5m₹5m

₹54m

Sep 30 2021n/an/a

₹83m

Jun 30 2021n/an/a

₹52m

Mar 31 2021₹3m₹3m

₹11m

Sep 30 2020n/an/a

-₹49m

Jun 30 2020n/an/a

-₹29m

Mar 31 2020₹4m₹4m

-₹9m

Dec 31 2019n/an/a

₹6m

Sep 30 2019n/an/a

₹21m

Jun 30 2019n/an/a

₹29m

Mar 31 2019₹4m₹4m

₹37m

Dec 31 2018n/an/a

₹34m

Sep 30 2018n/an/a

₹32m

Jun 30 2018n/an/a

₹29m

Mar 31 2018₹4m₹4m

₹26m

Compensation vs Market: Sanjay's total compensation ($USD84.45K) is above average for companies of similar size in the Indian market ($USD42.16K).

Compensation vs Earnings: Sanjay's compensation has increased whilst the company is unprofitable.


CEO

Sanjay Rathi (58 yo)

9.9yrs

Tenure

₹7,200,000

Compensation

Mr. Sanjay Kachrulal Rathi has been Managing Director and Director of Laxmi Cotspin Limited since January 2, 2015 and October 19, 2005 respectively and serves as its Chairman since April 1, 2023 and previo...


Leadership Team

NamePositionTenureCompensationOwnership
Sanjay Rathi
Chairman & MD9.9yrs₹7.20m2.56%
₹ 13.8m
Anupkumar Gindodiya
Chief Financial Officerno data₹1.09m0%
₹ 0
Soni Karwa
Company Secretary & Compliance Officer1.7yrs₹384.00kno data
Ramesh Mundada
Executive Director2.4yrs₹1.35mno data
Shivratan Mundada
Executive Directorno datano data0.67%
₹ 3.6m
Prafullata Rathi
Whole Time Woman Directorno datano datano data

2.4yrs

Average Tenure

56.5yo

Average Age

Experienced Management: LAXMICOT's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjay Rathi
Chairman & MD19.2yrs₹7.20m2.56%
₹ 13.8m
Ramesh Mundada
Executive Director2.4yrs₹1.35mno data
Shivratan Mundada
Executive Directorno datano data0.67%
₹ 3.6m
Prafullata Rathi
Whole Time Woman Director4.2yrsno datano data
Gopal Mundada
Independent Director3.9yrsno datano data
Kailash Biyani
Independent Director3.9yrsno datano data
Ketankumar Shah
Independent Director2.3yrsno datano data
Vijaykumar Zanwar
Independent Director2.3yrsno datano data

3.9yrs

Average Tenure

58yo

Average Age

Experienced Board: LAXMICOT's board of directors are considered experienced (3.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 12:57
End of Day Share Price 2024/12/26 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

Laxmi Cotspin 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