Lagnam Spintex

Why is Lagnam Spintex Ltd falling/rising?

As of 01-Sep, Lagnam Spintex Ltd's stock price is 75.93, down 0.59%. The stock has declined 12.06% over the past month due to high debt levels and reduced investor participation, despite some recent profit growth.

As of 01-Sep, Lagnam Spintex Ltd's stock price is currently at 75.93, reflecting a decrease of 0.45 or 0.59%. The stock has shown a negative performance today, underperforming its sector by 0.71%. Over the past week, the stock has remained stable with a change of 0.00%, but it has experienced a significant decline of 12.06% over the past month, while the benchmark Sensex has only decreased by 1.34% during the same period.<BR><BR>The stock's performance has been further impacted by a notable drop in investor participation, as evidenced by a delivery volume of 989 on August 31, which represents a decline of 72.99% compared to the 5-day average delivery volume. This reduction in trading activity suggests a lack of confidence among investors.<BR><BR>Despite some positive financial indicators, such as a growth in profit before tax (PBT) and profit after tax (PAT) in the last three consecutive quarters, the company is burdened by high debt levels, with a debt-to-equity ratio averaging 2.62 times. Additionally, 48.16% of promoter shares are pledged, which can exert downward pressure on the stock price, especially in a falling market.<BR><BR>Overall, while Lagnam Spintex Ltd has shown some positive growth in profits, the combination of high debt, weak long-term fundamentals, and poor recent performance has contributed to the stock's decline.

Which are the latest news on Lagnam Spintex?

Should I buy, sell or hold Lagnam Spintex Ltd?

Who are in the management team of Lagnam Spintex?

The management team of Lagnam Spintex includes D P Mangal (Chairman & Executive Director), Anand Mangal (Managing Director), Shubh Mangal (Whole-Time Director), and several independent directors: Vijay Singh Bapna, J C Laddha, Anil Shah, and Dipali Mathur. This team combines executive leadership with independent oversight.

The management team of Lagnam Spintex includes the following individuals:<BR><BR>1. **D P Mangal** - Chairman & Executive Director<BR>2. **Anand Mangal** - Executive Director / Managing Director / Promoter<BR>3. **Shubh Mangal** - Whole-Time Director & Executive Director<BR>4. **Vijay Singh Bapna** - Independent Non-Executive Director<BR>5. **J C Laddha** - Independent Director<BR>6. **Anil Shah** - Independent Non-Executive Director<BR>7. **Dipali Mathur** - Independent Non-Executive Director<BR><BR>This team brings a mix of executive leadership and independent oversight to the company.

What does Lagnam Spintex do?

Lagnam Spintex Ltd manufactures and exports cotton yarn for the garments industry, with a market cap of INR 136 Cr and reported net sales of 166 Cr and net profit of 6 Cr for June 2026. The company has a P/E ratio of 7.00 and a debt-equity ratio of 3.21.

Overview: <BR>Lagnam Spintex Ltd is engaged in the manufacture and export of cotton yarn within the garments and apparels industry, classified as a micro-cap company.<BR><BR>History: <BR>Lagnam Spintex Limited was incorporated as a private limited company in 2010 and later converted to a public limited company in 2018. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 166 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 136 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 3.21 <BR>Return on Equity: 15.15% <BR>Price to Book: 1.12 <BR><BR>Contact Details: <BR>Address: A-51-53, Riico Growth Centre Hamirgarh, Bhilwara Rajasthan: 311001 <BR>Tel: +91 014 82 289210 <BR>Email: rparashar@lagnam.com <BR>Website: www.lagnamspintex.com

Who are the peers of the Lagnam Spintex?

Lagnam Spintex's peers include N R Vandana, Salona Cotspin, Avi Ansh, Premco Global, BSL, Indian CardCloth, Binayaka Tex Pr, and APM Industries. N R Vandana shows the best management and growth metrics, while Lagnam Spintex has below-average growth and a 1-year return of -14.06%.

Peers: The peers of Lagnam Spintex are N R Vandana, Salona Cotspin, Avi Ansh, Premco Global, BSL, Indian CardCloth, Binayaka Tex Pr, and APM Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at N R Vandana, while Average management risk is found at Salona Cotspin and Indian CardCloth, and the rest. Below Average management risk is noted for Avi Ansh, Premco Global, BSL, Binayaka Tex Pr, and APM Industries. Growth is Good at N R Vandana and Average at Salona Cotspin and Indian CardCloth, and the rest. Below Average growth is seen in Avi Ansh, Lagnam Spintex, Premco Global, BSL, Binayaka Tex Pr, and APM Industries. Capital Structure is Good at Premco Global and APM Industries, while Below Average is noted for N R Vandana, Salona Cotspin, Avi Ansh, Lagnam Spintex, BSL, Indian CardCloth, and Binayaka Tex Pr.<BR><BR>Return Snapshot: N R Vandana has the highest 1-year return at 47.74%, while BSL has the lowest at -24.68%, with Lagnam Spintex's 1-year return at -14.06% being lower than N R Vandana's but higher than BSL's. Additionally, BSL, Indian CardCloth, and Avi Ansh have negative six-month returns.

How big is Lagnam Spintex?

As of 31st August, Lagnam Spintex Ltd has a market capitalization of 136.00 Cr, with recent net sales of 630.74 Cr and a net profit of 18.31 Cr.

As of 31st August, Lagnam Spintex Ltd has a market capitalization of 136.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Lagnam Spintex reported Net Sales of 630.74 Cr and a Net Profit of 18.31 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 120.87 Cr and Total Assets valued at 570.24 Cr.

Are Lagnam Spintex Ltd latest results good or bad?

Lagnam Spintex Ltd's latest results show strong year-on-year growth with a 199% increase in net profit and an 18.39% rise in revenue, but sequentially, net profit and revenue have declined by 29.46% and 7.68%, respectively, raising concerns about sustainability amid high debt and margin pressures. Investors should consider these mixed signals when evaluating the company's outlook.

Lagnam Spintex Ltd's latest results present a mixed picture for investors. On one hand, the company reported a significant year-on-year growth in net profit, which rose by 199% to ₹5.89 crores, alongside an 18.39% increase in revenue to ₹165.86 crores. These figures suggest a recovery in demand compared to the previous year.<BR><BR>However, the sequential performance shows a decline, with net profit down 29.46% and revenue decreasing by 7.68% compared to the previous quarter. This raises concerns about the sustainability of the growth, particularly as the operating margin also contracted from 12.90% in the last quarter to 12.49%.<BR><BR>The overall financial performance indicates that while there are positive signs in terms of year-on-year growth, the quarterly declines highlight ongoing challenges, including high debt levels and margin pressures. Investors should weigh these factors carefully when considering the company's outlook.

How has been the historical performance of Lagnam Spintex?

Lagnam Spintex has shown significant growth in net sales, reaching 605.56 Cr in Mar'25, despite rising raw material costs impacting profit margins. Operating profit increased to 65.67 Cr, but profit after tax declined to 12.85 Cr, while total assets and liabilities rose to 570.24 Cr, with a book value per share of 68.41.

Answer:<BR>The historical performance of Lagnam Spintex shows significant growth in net sales and operating income over the years, with net sales reaching 605.56 Cr in Mar'25, up from 437.50 Cr in Mar'24 and 304.66 Cr in Mar'23. The total operating income also increased to 605.56 Cr in Mar'25 from 437.50 Cr in Mar'24. However, the company faced rising raw material costs, which climbed to 440.93 Cr in Mar'25 from 330.36 Cr in Mar'24. Despite these costs, the operating profit (PBDIT) increased to 65.67 Cr in Mar'25, compared to 45.37 Cr in Mar'24. Profit before tax saw a decline to 17.90 Cr in Mar'25 from 20.82 Cr in Mar'24, leading to a profit after tax of 12.85 Cr in Mar'25, down from 14.57 Cr in Mar'24. The earnings per share (EPS) decreased to 7.27 in Mar'25 from 8.25 in Mar'24. On the balance sheet, total assets rose to 570.24 Cr in Mar'25 from 533.49 Cr in Mar'24, while total liabilities also increased to 570.24 Cr from 533.49 Cr. The company reported a book value per share of 68.41 in Mar'25, up from 61.66 in Mar'24.<BR><BR>Breakdown:<BR>Lagnam Spintex has demonstrated a robust upward trend in net sales, which surged to 605.56 Cr in Mar'25 from 437.50 Cr in Mar'24, reflecting a strong demand for its products. The total operating income mirrored this growth, reaching 605.56 Cr in Mar'25. However, the company has been challenged by increasing raw material costs, which rose to 440.93 Cr in Mar'25, impacting profit margins. Operating profit (PBDIT) improved to 65.67 Cr in Mar'25, indicating effective management of operational costs despite the rising expenses. Nevertheless, profit before tax declined to 17.90 Cr, resulting in a profit after tax of 12.85 Cr, which is lower than the previous year. On the balance sheet, total assets and liabilities both increased to 570.24 Cr, indicating a balanced growth in the company's financial position, while the book value per share rose to 68.41, suggesting enhanced shareholder value.

How has been the historical performance of Lagnam Spintex?

Lagnam Spintex has shown significant growth in net sales, increasing from 176.44 crore in March 2020 to 605.56 crore in March 2025, while total assets rose to 570.24 crore. However, profitability metrics have fluctuated, with profit after tax at 12.85 crore and a PAT margin of 2.12% in March 2025.

Answer:<BR>The historical performance of Lagnam Spintex shows significant growth in net sales and overall financial metrics over the years.<BR><BR>Breakdown:<BR>Lagnam Spintex has experienced a steady increase in net sales, rising from 176.44 crore in March 2020 to 605.56 crore in March 2025. Total operating income followed a similar trend, reaching 605.56 crore in March 2025, compared to 80.79 crore in March 2019. The company's total expenditure also increased, amounting to 540.26 crore in March 2025, up from 69.03 crore in March 2019. Operating profit (PBDIT) has shown fluctuations, peaking at 65.67 crore in March 2025, while profit before tax reached 17.90 crore in the same period, down from 40.54 crore in March 2022. Profit after tax was 12.85 crore in March 2025, reflecting a PAT margin of 2.12%. The company's total assets grew to 570.24 crore in March 2025, with total liabilities at 388.49 crore. Cash flow from operating activities improved to 24 crore in March 2025, while cash flow from financing activities showed a negative trend at -20 crore. Overall, Lagnam Spintex has demonstrated robust growth in sales and assets, although profitability metrics have shown some volatility.

Who are the top shareholders of the Lagnam Spintex?

The top shareholders of Lagnam Spintex include Lagnam Infotech Solution Private Limited with 28.49%, individual investors with 25.89%, and public shareholder Chirag Bansal at 3.4%. There are currently no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Lagnam Spintex primarily consist of promoters, with Lagnam Infotech Solution Private Limited holding the largest share at 28.49%. Additionally, individual investors collectively own 25.89% of the company. The highest public shareholder is Chirag Bansal, who holds 3.4%. It's worth noting that there are no mutual funds or foreign institutional investors currently holding shares in the company.

Is Lagnam Spintex overvalued or undervalued?

As of October 28, 2024, Lagnam Spintex is considered an attractive investment, currently undervalued with a PE ratio of 14.73, an EV to EBITDA of 8.31, and a ROE of 11.67%, despite a year-to-date decline of 18.14% compared to the Sensex's gain of 6.23%.

As of 28 October 2024, Lagnam Spintex's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE Ratio of 14.73, an EV to EBITDA of 8.31, and a ROE of 11.67%. <BR><BR>In comparison to peers, Lagnam Spintex's PE ratio is competitive, with companies in the same sector showing similar valuations; for instance, its EV to EBITDA ratio aligns well with industry standards. Despite recent underperformance relative to the Sensex, where Lagnam has seen a YTD decline of 18.14% compared to the Sensex's gain of 6.23%, the overall financial metrics suggest that the stock remains an attractive investment opportunity.

What is the technical trend for Lagnam Spintex?

As of May 19, 2025, Lagnam Spintex shows a mildly bearish trend, with daily moving averages and weekly Bollinger Bands indicating bearish momentum, despite mixed signals from MACD and KST across different time frames.

As of 19 May 2025, the technical trend for Lagnam Spintex has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also showing a mildly bearish trend. While the weekly MACD is mildly bullish, the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The KST shows bullish momentum weekly but is mildly bearish monthly, and the Dow Theory indicates a mildly bearish stance on the weekly chart while being mildly bullish on the monthly chart. Overall, the bearish indicators are currently stronger, reflecting a cautious outlook.

When is the next results date for Lagnam Spintex?

No Upcoming Board Meetings

Has Lagnam Spintex declared dividend?

Lagnam Spintex Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of July 9, 2024. Despite recent short-term price declines, the company has demonstrated strong long-term growth, achieving a total return of 1263.0% over the last five years.

Lagnam Spintex Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 09 Jul 24<BR><BR>Dividend Yield: 0.46%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -15.59%, with a dividend return of 0%, resulting in a total return of -15.59%.<BR><BR>Over the past year, the price return was -19.46%, with a dividend return of 0.38%, leading to a total return of -19.08%.<BR><BR>In the 2-year period, the price return was 151.78%, while the dividend return was 0.98%, culminating in a total return of 152.76%.<BR><BR>For the 3-year period, the price return was 32.38%, with a dividend return of 0.77%, resulting in a total return of 33.15%.<BR><BR>In the 4-year period, the price return was 284.25%, and the dividend return was 6.67%, giving a total return of 290.92%.<BR><BR>Over the last 5 years, the price return was 1241.26%, with a dividend return of 21.74%, leading to a total return of 1263.0%.<BR><BR>Overall, Lagnam Spintex Ltd has declared a dividend, which contributes positively to its long-term returns, particularly over extended periods, despite recent short-term declines in price returns. The company has shown significant growth in total returns over the last five years, indicating strong performance.