Axita Cotton

What does Axita Cotton do?

Axita Cotton Ltd manufactures, trades, processes, and finishes cotton bales in the Garments & Apparels industry. As of March 2025, it reported net sales of 140 Cr and a net loss of 2 Cr, with a market cap of Rs 316 Cr.

Overview:<BR>Axita Cotton Ltd is engaged in the manufacturing, trading, processing, and finishing of cotton bales within the Garments & Apparels industry and operates as a micro-cap company.<BR><BR>History:<BR>Axita Cotton Ltd was incorporated in 2013 as a Private Limited Company and later converted to a Public Limited Company in 2018. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 140 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 316 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 316.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.83%<BR>- Debt-Equity: -0.21<BR>- Return on Equity: 0.62%<BR>- Price to Book: 5.03<BR><BR>Contact Details:<BR>- Address: Survey No 324,357,358, Kadi Thol Road Borisana Kadi Mahesana Gujarat : 382715<BR>- Tel: 91-63587 47514<BR>- Email: cs@axitacotton.com<BR>- Website: http://www.axitacotton.com

Has Axita Cotton declared dividend?

Axita Cotton Ltd has declared a 10% dividend, amounting to 0.1 per share, with an ex-date of August 28, 2024. While the company shows significant total returns over longer periods, recent shorter-term performance has seen declines.

Axita Cotton Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.1<BR>- Ex-date: 28 Aug 24<BR><BR>Dividend Yield: 0.83%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -24.31%, the dividend return was 0%, resulting in a total return of -24.31%.<BR><BR>For the 1-year period, the price return was -39.88%, the dividend return was 0.62%, leading to a total return of -39.26%.<BR><BR>Over the 2-year period, the price return was -40.3%, the dividend return was 0.63%, which resulted in a total return of -39.67%.<BR><BR>In the 3-year period, the price return was 0.12%, the dividend return was 6.01%, culminating in a total return of 6.13%.<BR><BR>During the 4-year period, the price return was 516.75%, the dividend return was 43.17%, resulting in a total return of 559.92%.<BR><BR>For the 5-year period, the price return was 343.16%, the dividend return was 36.81%, leading to a total return of 379.97%.<BR><BR>Overall, while Axita Cotton has declared a dividend, the total returns over the shorter periods show significant declines, with only the longer periods reflecting substantial gains. This indicates a mixed performance, with dividends providing some return amidst fluctuating price performance.

Who are the peers of the Axita Cotton?

Axita Cotton's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, T T, Ginni Filaments, Aarvee Denims, and Maral Overseas. Axita Cotton has good management risk and growth ratings, but its 1-year return is the lowest among peers at -39.71%.

Peers: The peers of Axita Cotton are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, T T, Ginni Filaments, Aarvee Denims, and Maral Overseas.<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 Axita Cotton and Trent. Average management risk is noted at Trident and Manomay Tex Indi, while Below Average management risk is present at T T, Ginni Filaments, Aarvee Denims, and Maral Overseas. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent and Axita Cotton. Below Average growth is observed at Page Industries, Vedant Fashions, Trident, T T, Ginni Filaments, Aarvee Denims, and Maral Overseas. Capital Structure ratings show Excellent at Axita Cotton, K P R Mill Ltd, and Page Industries, Good at Trident, and Below Average at Trent, T T, Ginni Filaments, Aarvee Denims, Maral Overseas, and Manomay Tex Indi.<BR><BR>Return Snapshot: Aarvee Denims has the highest 1-year return at 462.71%, while Axita Cotton has the lowest at -39.71%. Axita Cotton's 1-year return is significantly lower than all its peers. Additionally, the six-month return is negative for Trent, Vedant Fashions, Trident, Axita Cotton, and Manomay Tex Indi.

What is the technical trend for Axita Cotton?

As of June 2, 2025, Axita Cotton's trend is mildly bearish, indicated by mixed signals from MACD and RSI across different time frames, with a significant 1-year return of -40.29% relative to the Sensex.

As of 2 June 2025, the technical trend for Axita Cotton has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD showing mildly bullish momentum, while the monthly MACD remains bearish. The weekly RSI indicates bullish conditions, but the monthly RSI shows no signal, suggesting mixed signals across time frames. The Bollinger Bands and moving averages are both bearish on the daily and monthly charts, reinforcing the bearish outlook. Dow Theory indicates a mildly bearish trend in both weekly and monthly assessments. Overall, the strength of the bearish trend is supported by the negative performance relative to the Sensex over multiple periods, particularly the 1Y return of -40.29%.

Who are in the management team of Axita Cotton?

As of March 2022, the management team of Axita Cotton includes Nitinbhai Govindbhai Patel (Chairman & Managing Director), Kushal Nitinbhai Patel (Managing Director), and four Independent Directors: Kunjal Jayantkumar Soni, Vinod Rana, Apeksha Vyas, and Dixit Dipakkumar Shah. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Axita Cotton includes the following individuals:<BR><BR>1. Nitinbhai Govindbhai Patel - Chairman & Managing Director<BR>2. Kushal Nitinbhai Patel - Managing Director<BR>3. Kunjal Jayantkumar Soni - Independent Director<BR>4. Vinod Rana - Independent Director<BR>5. Apeksha Vyas - Independent Director<BR>6. Dixit Dipakkumar Shah - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the top shareholders of the Axita Cotton?

The top shareholder of Axita Cotton is Nitinbhai Govindbhai Patel, with a 26.5% stake, while individual investors hold 53.21%. There are no pledged promoter holdings, and foreign institutional investors own 2.04%, with no mutual funds currently invested.

The top shareholders of Axita Cotton include Nitinbhai Govindbhai Patel, who holds the highest promoter stake at 26.5%. Additionally, individual investors collectively hold a significant portion of 53.21%. The company does not have any pledged promoter holdings, and there are 7 foreign institutional investors (FIIs) that hold a total of 2.04%. There are no mutual funds currently holding shares in the company.

How big is Axita Cotton?

As of 24th July, Axita Cotton Ltd has a market capitalization of 323.00 Cr, with net sales of 652.72 Cr and a net profit of 0.78 Cr over the latest four quarters.

As of 24th July, Axita Cotton Ltd has a market capitalization of 323.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Axita Cotton reported net sales of 652.72 Cr and a net profit of 0.78 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with shareholder's funds amounting to 64.56 Cr and total assets of 98.12 Cr.

Is Axita Cotton overvalued or undervalued?

As of August 12, 2025, Axita Cotton is considered risky and overvalued at a price of 8.80, with a troubling PE ratio of -198.73 and poor stock performance, significantly underperforming its peers like K P R Mill Ltd and Trident.

As of 12 August 2025, Axita Cotton's valuation grade has moved from very expensive to risky, indicating a significant shift in its financial outlook. The company appears to be overvalued at its current price of 8.80, especially considering its troubling PE ratio of -198.73 and EV to EBITDA of -65.31. The price to book value stands at 4.87, which further suggests that the stock is trading at a premium compared to its book value.<BR><BR>In comparison to peers, Axita Cotton's valuation metrics are starkly unfavorable. For instance, K P R Mill Ltd is categorized as very expensive with a PE ratio of 39.59, while Trident, which is rated fair, has a PE ratio of 32.59. This highlights that Axita Cotton is not only underperforming relative to its peers but also carries a higher risk profile. The company's recent stock performance has been poor, with a year-to-date return of -20.07%, contrasting sharply with the Sensex's positive return of 2.68% during the same period.

When is the next results date for Axita Cotton?

The next results date for Axita Cotton is 14 November 2025.

The next results date for Axita Cotton is scheduled for 14 November 2025.

How has been the historical performance of Axita Cotton?

For the fiscal year ending March 2025, Axita Cotton reported an operating income of 652.72 crore, with a profit after tax of 0.79 crore and an earnings per share (EPS) of 0.02. The company maintained total assets and liabilities of 76.59 crore, with a closing cash balance of 10 crore.

Answer:<BR>The historical performance of Axita Cotton for the year ending March 2025 shows a total operating income of 652.72 crore, with a total expenditure of 651.53 crore, resulting in an operating profit (PBDIT) of 2.54 crore. After accounting for interest and depreciation, the profit before tax stands at 1.10 crore, leading to a profit after tax of 0.79 crore. The earnings per share (EPS) is reported at 0.02, and the profit after tax margin is 0.12%. The company's total assets are valued at 76.59 crore, with total liabilities of 76.59 crore as well, indicating a balanced position. The cash flow from operating activities is 44 crore, while the net cash inflow is 4 crore, resulting in a closing cash and cash equivalent of 10 crore.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Axita Cotton achieved net sales of 652.72 crore, with no other operating income reported. The raw material cost was 33.89 crore, and the purchase of finished goods accounted for 586.95 crore, leading to a total expenditure of 651.53 crore. This resulted in an operating profit (PBDIT) of 2.54 crore. After deducting interest and depreciation, the profit before tax was 1.10 crore, culminating in a profit after tax of 0.79 crore. The company reported an EPS of 0.02 and a PAT margin of 0.12%. On the balance sheet, total assets and total liabilities were both recorded at 76.59 crore, with shareholder's funds amounting to 62.68 crore. The cash flow statement indicates a cash flow from operating activities of 44 crore, with a net cash inflow of 4 crore, resulting in a closing cash and cash equivalent of 10 crore.

Are Axita Cotton Ltd latest results good or bad?

Axita Cotton Ltd's latest Q2 FY26 results are concerning, showing a slight revenue increase of 1.14% but a drastic 61.22% decline in net profit, with negative operating margins indicating significant profitability challenges. Overall, the results suggest operational distress that needs to be addressed for a sustainable turnaround.

Axita Cotton Ltd's latest results for Q2 FY26 present a mixed picture, leaning more towards the negative side. While the company reported a slight revenue increase of 1.14% year-on-year, reaching ₹156.70 crores, this growth is overshadowed by a significant decline in net profit, which fell by 61.22% to ₹1.33 crores compared to the same quarter last year. <BR><BR>The operating margin turned negative at -0.32%, a stark contrast to the 3.61% margin reported in Q2 FY25, indicating severe profitability pressures. This negative margin suggests that the company is struggling to manage its costs effectively, despite a modest sequential recovery from a loss in the previous quarter.<BR><BR>Moreover, the company's reliance on exceptional other income to achieve a positive net profit raises concerns about the sustainability of its profitability. Without this income, Axita Cotton would have reported an operating loss, highlighting underlying operational weaknesses.<BR><BR>Overall, while there are some signs of recovery, such as improved sequential performance, the year-on-year comparisons reveal significant challenges. The erosion of margins and profitability metrics suggests that the latest results are more concerning than positive, indicating operational distress that needs to be addressed for a sustainable turnaround.

Should I buy, sell or hold Axita Cotton Ltd?

What is the bonus history of Axita Cotton?

Axita Cotton has a history of bonus issues, including a 1:10 bonus effective February 13, 2026, a 1:3 bonus on September 20, 2024, another 1:3 bonus on December 22, 2023, a 1:2 bonus on January 11, 2022, and a 1:1 bonus on December 26, 2019. This reflects the company's commitment to rewarding shareholders.

Axita Cotton has a notable bonus history, with several bonus issues over the years. Here are the details:<BR><BR>1. The latest bonus issue is a 1:10 bonus, which will be effective from the ex-date of February 13, 2026.<BR>2. Prior to that, on September 20, 2024, the company issued a 1:3 bonus.<BR>3. On December 22, 2023, there was also a 1:3 bonus issue.<BR>4. Earlier, on January 11, 2022, Axita Cotton announced a 1:2 bonus.<BR>5. The company had a 1:1 bonus issue on December 26, 2019.<BR><BR>This history reflects Axita Cotton's approach to rewarding its shareholders through bonus shares over the years.

Why is Axita Cotton Ltd falling/rising?

As of 18-Mar, Axita Cotton Ltd's stock price is rising to 8.85, indicating a potential trend reversal after previous declines. However, it has a year-to-date decline of 24.42%, and a significant drop in delivery volume suggests reduced investor participation.

As of 18-Mar, Axita Cotton Ltd's stock price is rising, currently at 8.85, reflecting a change of 0.1 (1.14%) upward. This increase comes after two consecutive days of decline, indicating a potential trend reversal. Despite today's performance, which underperformed the sector by 1.65%, the stock has shown resilience by gaining in value. <BR><BR>In the context of broader market movements, the textile sector has experienced a gain of 2.82%, which may have contributed to the positive momentum for Axita Cotton Ltd. However, it is important to note that the stock has been under pressure over the longer term, with a year-to-date decline of 24.42% compared to a 9.99% drop in the benchmark index, Sensex. <BR><BR>Additionally, the stock's delivery volume has decreased significantly, falling by 40.54% against the 5-day average, which suggests a decline in investor participation. Despite this, the stock remains liquid enough for trading, as indicated by its trading value. Overall, while there are signs of a short-term rise, the long-term performance remains concerning, with substantial declines over the past three years.

Why is Axita Cotton Ltd falling/rising?

As of 19-Mar, Axita Cotton Ltd's stock price is at 8.80, down 0.56%, and has significantly underperformed the Sensex over various time frames. Despite outperforming its sector today, declining investor interest and bearish trends in moving averages indicate ongoing challenges for the stock.

As of 19-Mar, Axita Cotton Ltd's stock price is falling, currently at 8.80, which reflects a decrease of 0.05 or 0.56%. The stock has underperformed compared to the benchmark Sensex, which has declined by 2.40% over the past week and 10.05% over the past month, while Axita Cotton's stock has fallen by 1.23% and 6.48% respectively during the same periods. Year-to-date, the stock has decreased by 24.84%, significantly more than the Sensex's decline of 12.92%. <BR><BR>Additionally, the stock's performance today indicates it has outperformed its sector by 2.22%, despite the textile sector experiencing a drop of 2.78%. However, there are concerning signs regarding investor participation, as the delivery volume has decreased by 58.26% compared to the 5-day average, indicating reduced interest from investors. Furthermore, while the stock is trading above its 200-day moving average, it remains below the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a bearish trend in the short to medium term. Overall, these factors contribute to the stock's current decline.

Why is Axita Cotton Ltd falling/rising?

As of 20-Mar, Axita Cotton Ltd's stock price is rising to 8.85, with a 0.57% increase, driven by strong investor participation and relative outperformance in its sector. Despite a year-to-date decline of 24.42%, the recent trading activity suggests a potential recovery phase.

As of 20-Mar, Axita Cotton Ltd's stock price is rising, currently at 8.85, with a change of 0.05 (0.57%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 0.72% today, indicating a relative strength compared to its peers. Additionally, there has been a significant rise in investor participation, with a delivery volume of 3.63 lacs on 19 March, which represents a 519.2% increase against the 5-day average delivery volume. This surge in trading activity suggests heightened interest and confidence among investors.<BR><BR>Moreover, while the stock is currently lower than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains higher than the 200-day moving average, which may indicate a longer-term positive trend. Despite the stock's year-to-date performance showing a decline of 24.42%, the recent uptick in price and trading volume could signal a potential reversal or recovery phase for Axita Cotton Ltd.

Why is Axita Cotton Ltd falling/rising?

As of 23-Mar, Axita Cotton Ltd's stock price is at 8.65, reflecting a 2.26% decline, consistent with a broader textile sector drop. Despite increased investor participation, the stock remains below moving averages, indicating a bearish trend and contributing to its significant year-to-date decline of 26.13%.

As of 23-Mar, Axita Cotton Ltd's stock price is falling, currently at 8.65, which reflects a decrease of 0.2 or 2.26%. This decline is consistent with the broader performance of the textile sector, which has also seen a drop of 2.41%. Over the past week, the stock has decreased by 1.70%, and it has experienced a significant year-to-date decline of 26.13%, compared to a 14.70% drop in the Sensex. <BR><BR>Despite the negative price movement, there has been an increase in investor participation, with delivery volume rising by 105.42% against the 5-day average. However, the stock's performance is still below several moving averages, indicating a bearish trend. Overall, the combination of sector-wide declines and the stock's underperformance relative to its moving averages contributes to the current downward price movement of Axita Cotton Ltd.

Why is Axita Cotton Ltd falling/rising?

As of 24-Mar, Axita Cotton Ltd's stock price is at 8.75, reflecting a 1.16% increase. Despite this rise, the stock has underperformed compared to its sector and shows mixed momentum, with declining investor participation and a significant long-term growth of 686.42% over five years, despite a year-to-date decline of 25.27%.

As of 24-Mar, Axita Cotton Ltd's stock price is rising, currently at 8.75, reflecting a change of 0.1 (1.16%) upward. This increase occurs despite the stock's recent underperformance compared to the sector, where it has lagged by -1.43%. The stock's performance today contrasts with the broader market, as the textile sector has gained by 2.56%. <BR><BR>While the stock is higher than its 200-day moving average, it remains lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed momentum. Additionally, there has been a notable decline in investor participation, with delivery volume on 23 March falling by -40.51% against the 5-day average. <BR><BR>Despite these challenges, the stock's current rise may be attributed to short-term trading activity or market corrections, as it has shown significant long-term growth of +686.42% over the past five years, even though it has faced a year-to-date decline of -25.27%. Overall, while the stock is experiencing a rise today, it is essential to consider the broader context of its recent performance and market conditions.

Why is Axita Cotton Ltd falling/rising?

As of 25-Mar, Axita Cotton Ltd's stock price is rising to 8.81, driven by positive financial results and increased institutional investor participation. Despite underperforming its sector and a drop in delivery volume, the company's improved fundamentals and management efficiency are contributing to the upward trend.

As of 25-Mar, Axita Cotton Ltd's stock price is rising, currently at 8.81, with a change of 0.02 (0.23%) upward. This increase can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, resulting in a total return of 1.85% during this period. Additionally, the company has recently declared positive results for December 2025, marking a turnaround after six consecutive negative quarters, with significant improvements in key financial metrics such as PBDIT and operating profit to net sales.<BR><BR>Moreover, there is increasing participation from institutional investors, who have raised their stake by 1.28% over the previous quarter, indicating a growing confidence in the company's fundamentals. This is further supported by the company's high management efficiency, as evidenced by a robust return on capital employed (ROCE) of 28.23% and a low debt to EBITDA ratio of 0.39 times, demonstrating a strong ability to service debt.<BR><BR>However, it is important to note that the stock has underperformed its sector by 1.46% today and has experienced a significant drop in delivery volume, which fell by 66.35% against the 5-day average. Despite these challenges, the recent positive developments and institutional interest appear to be driving the current rise in the stock price.

Which are the latest news on Axita Cotton?