AB Cotspin

What does AB Cotspin do?

AB Cotspin India Ltd is a Micro Cap company in the Garments & Apparels industry, originally founded in 1997 and rebranded in 2010. As of March 2025, it reported net sales of ₹85 Cr and a net profit of ₹2 Cr, with a market cap of ₹458 Cr.

Overview: <BR>AB Cotspin India Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>The company was originally incorporated in 1997 as "Ganga Cottex Private Limited" in Jalandhar. It later converted to a Public Limited company and changed its name to "Ganga Cottex Limited," eventually becoming "AB Cotspin India Limited" in December 2010. The most recent quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 85 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 458 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 46.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.44 <BR>Return on Equity: 21.07% <BR>Price to Book: 9.78 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are in the management team of AB Cotspin?

As of March 2021, the management team of AB Cotspin includes Deepak Garg (Chairman & Managing Director), Manohar Lai (Whole-time Director), Ramesh Kumar (Director), Preet Kamal Kaur Bhatia and Puneet Bhandari (Independent Directors), and Kannu Sharma (Company Secretary), with varying remuneration levels. They oversee the company's operations and strategic direction.

As of March 2021, the management team of AB Cotspin includes the following individuals:<BR><BR>1. Deepak Garg - Chairman & Managing Director, with a remuneration of Rs. 13.2 lacs.<BR>2. Manohar Lai - Whole-time Director, with a remuneration of Rs. 4.8 lacs.<BR>3. Ramesh Kumar - Director, with a remuneration of Rs. 3.72 lacs.<BR>4. Preet Kamal Kaur Bhatia - Independent Director, with no remuneration.<BR>5. Puneet Bhandari - Independent Director, with no remuneration.<BR>6. Kannu Sharma - Company Secretary & Compliance Officer, with no remuneration.<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Has AB Cotspin declared dividend?

No Dividend History Available

Who are the peers of the AB Cotspin?

AB Cotspin's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Logica Infoway, Lakshmi Mills, Filatex Fash., Thomas Scott, and Shree Karni. K P R Mill Ltd shows the highest 1-year return at 41.32%, while AB Cotspin's return is 0.00%.

Peers: The peers of AB Cotspin are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Logica Infoway, Lakshmi Mills, Filatex Fash., Thomas Scott, and Shree Karni.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Shree Karni. Average management risk is present at Trident, Lakshmi Mills, and Thomas Scott, and Below Average management risk is noted at Logica Infoway and Filatex Fash. In terms of growth, Excellent growth is seen at K P R Mill Ltd and Thomas Scott, while Good growth is noted at Trent and Filatex Fash. Below Average growth is found at Page Industries, Vedant Fashions, Trident, Lakshmi Mills, and Logica Infoway. Finally, Below Average capital structure is observed at AB Cotspin, Lakshmi Mills, and Logica Infoway, while Average capital structure is noted at Filatex Fash., and Good capital structure is seen at Trent, Thomas Scott, and K P R Mill Ltd.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.32%, while Filatex Fash. has the lowest at -76.50%. AB Cotspin's 1-year return is 0.00%, which is significantly lower than K P R Mill Ltd and higher than Filatex Fash. Additionally, Vedant Fashions, Trident, and Filatex Fash. have negative six-month returns.

Is AB Cotspin overvalued or undervalued?

As of February 17, 2025, AB Cotspin is considered very expensive with a PE ratio of 46.03, indicating overvaluation compared to peers like K.P.R. Mill Ltd. and Trident Ltd., and has underperformed the market with a recent 1-week return of -0.41%.

As of 17 February 2025, the valuation grade for AB Cotspin has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 46.03, a Price to Book Value of 9.70, and an EV to EBITDA ratio of 19.24. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, K.P.R. Mill Ltd. has a PE ratio of 47.51, while Trident Ltd. offers a more reasonable PE of 42.6, highlighting that AB Cotspin's valuation is on the higher end of the spectrum. Notably, the company's recent stock performance has been underwhelming, with a 1-week return of -0.41% compared to a 1.63% gain in the Sensex, further reinforcing the notion of overvaluation.

Who are the top shareholders of the AB Cotspin?

The top shareholders of AB Cotspin include promoter Deepa Garg with 31.1%, followed by public shareholder Green Globe Textiles Limited at 8.7%. Individual investors own 37.05%, while foreign institutional investors hold 0.11%, with no pledged promoter holdings or mutual fund involvement.

The top shareholders of AB Cotspin include the promoters, who hold the majority of the shares. The promoter with the highest holding is Deepa Garg, owning 31.1% of the company. Additionally, the highest public shareholder is Green Globe Textiles Limited, which holds 8.7%. Individual investors collectively own 37.05% of the shares, while foreign institutional investors (FIIs) hold a small stake of 0.11% through 2 FIIs. Notably, there are no pledged promoter holdings or mutual fund schemes involved with the company.

How big is AB Cotspin?

As of 24th July, AB Cotspin India Ltd has a market capitalization of 904.00 Cr, classified as a Micro Cap, with recent net sales of 301.89 Cr and a net profit of 9.83 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: AB Cotspin India Ltd has a market capitalization of 904.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 301.89 Cr, while the sum of Net Profit for the same period is 9.83 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 68.46 Cr and Total Assets valued at 198.05 Cr.

How has been the historical performance of AB Cotspin?

AB Cotspin has shown consistent growth in net sales and profitability over the past three years, with net sales rising from 169.10 Cr in Mar'23 to 298.18 Cr in Mar'25, and profit after tax increasing from 1.93 Cr to 10.21 Cr, despite rising raw material costs. The company's operational efficiency improved, reflected in higher operating profit and earnings per share, although cash flow from operations remained negative.

Answer:<BR>The historical performance of AB Cotspin shows a consistent growth trajectory in net sales and profitability over the past three years.<BR><BR>Breakdown:<BR>AB Cotspin's net sales increased from 169.10 Cr in Mar'23 to 255.77 Cr in Mar'24, and further to 298.18 Cr in Mar'25, indicating a strong upward trend. Total operating income mirrored this growth, reaching 298.18 Cr in Mar'25. However, raw material costs also rose significantly, from 143.64 Cr in Mar'23 to 230.67 Cr in Mar'25. Despite these rising costs, the operating profit (PBDIT) improved from 10.99 Cr in Mar'23 to 32.86 Cr in Mar'25, reflecting better operational efficiency. Profit before tax rose from 2.57 Cr in Mar'23 to 13.68 Cr in Mar'25, and profit after tax followed suit, increasing from 1.93 Cr to 10.21 Cr over the same period. The earnings per share (EPS) showed a notable increase from 1.84 in Mar'23 to 6.14 in Mar'25. On the balance sheet, total liabilities grew from 198.05 Cr in Mar'24 to 288.39 Cr in Mar'25, driven by increased borrowings, while shareholder's funds rose significantly from 68.46 Cr to 110.76 Cr. The cash flow from operating activities remained negative but improved from -32.00 Cr in Mar'24 to -16.00 Cr in Mar'25, while cash flow from financing activities saw a substantial increase from 35.00 Cr to 66.00 Cr. Overall, AB Cotspin's financial performance demonstrates a positive trend in sales and profitability, despite challenges with rising costs and cash flow management.

Is AB Cotspin technically bullish or bearish?

As of December 2, 2025, AB Cotspin's trend has shifted to mildly bearish, with a current price of 414.90 reflecting a decline from 419.25, supported by negative performance and bearish indicators on both weekly and monthly timeframes.

As of 2 December 2025, the technical trend for AB Cotspin has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the recent price decline from the previous close of 419.25 to the current price of 414.90. The OBV indicates a mildly bearish sentiment on the weekly timeframe, while the Dow Theory shows no trend on the weekly and a bearish indication on the monthly. The stock's performance over the past month has also been negative, with a return of -0.9% compared to a positive 1.43% from the Sensex. Overall, the indicators suggest a weak bearish sentiment in the current market environment.

When is the next results date for AB Cotspin India Ltd?

The next results date for AB Cotspin India Ltd is 11 February 2026.

The next results date for AB Cotspin India Ltd is scheduled for 11 February 2026.

Are AB Cotspin India Ltd latest results good or bad?

AB Cotspin India Ltd's latest results show mixed performance: net profit increased 105.68% year-on-year but fell 13.40% quarter-on-quarter, while net sales dropped significantly by 23.92% quarter-on-quarter and 37.64% year-on-year. Despite improved operating and PAT margins, the sharp revenue decline raises concerns about demand and market position.

AB Cotspin India Ltd's latest results present a mixed picture. For Q2 FY26, the company reported a net profit of ₹3.62 crores, which is a decline of 13.40% compared to the previous quarter, but a significant increase of 105.68% year-on-year. This indicates that while the company is facing short-term challenges, it has improved its profitability compared to the same period last year.<BR><BR>However, net sales for the quarter fell sharply to ₹50.74 crores, down 23.92% quarter-on-quarter and 37.64% year-on-year. This significant revenue contraction raises concerns about demand conditions and the company's competitive position in the market.<BR><BR>On a positive note, the operating margin improved to 22.19%, up from 14.96% in the previous quarter, suggesting that the company has made strides in operational efficiency despite the declining sales. The PAT margin also increased to 7.13%, indicating better cost management.<BR><BR>Overall, while the profitability metrics show improvement, the substantial decline in revenue is a significant concern. The company is navigating through operational challenges, and the outlook remains cautious due to the volatility in sales. Investors may want to consider these factors before making decisions regarding AB Cotspin India Ltd.

Should I buy, sell or hold AB Cotspin India Ltd?

Which are the latest news on AB Cotspin?

Which are the latest news on AB Cotspin?

Why is AB Cotspin India Ltd falling/rising?

As of 01-Mar, AB Cotspin India Ltd's stock price is Rs 408.20, down 1.4%, and has underperformed the sector. Concerns about management efficiency, low profitability, high debt levels, disappointing financial results, and lack of mutual fund investment contribute to the stock's bearish trend.

As of 01-Mar, AB Cotspin India Ltd's stock price is falling, currently at Rs 408.20, reflecting a decrease of Rs 5.8 or 1.4%. The stock has underperformed the sector by 1.19% today and has also shown a decline of 3.35% over the past week, compared to a 1.84% drop in the Sensex. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>The company's financial performance has raised concerns, particularly regarding its management efficiency, as evidenced by a low Return on Capital Employed (ROCE) of 9.56% and a Return on Equity (ROE) of 9.47%. These figures suggest low profitability relative to the capital employed and shareholders' funds. Furthermore, the company has a high Debt to EBITDA ratio of 3.61 times, indicating a low ability to service its debt, which adds to the negative sentiment surrounding the stock.<BR><BR>Recent financial results have also been disappointing, with a significant decline in Profit Before Tax (PBT) of 38.8% compared to the previous four-quarter average. The reliance on non-operating income, which constitutes 44.35% of PBT, raises further concerns about the sustainability of earnings. Despite a healthy long-term growth rate in operating profit of 49.57%, the overall market performance has been lackluster, with the stock generating a return of 0.00% over the past year.<BR><BR>The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's valuation or business prospects. Collectively, these factors contribute to the downward pressure on AB Cotspin India Ltd's stock price.