Lagnam Spintex

Why is Lagnam Spintex Ltd falling/rising?

As of 10-Jun, Lagnam Spintex Ltd's stock price is at 79.19, down 1.79%. The decline is due to underperformance against its sector, decreased delivery volume, and negative trends in short-term performance, despite some positive financial results.

As of 10-Jun, Lagnam Spintex Ltd's stock price is currently at 79.19, reflecting a decrease of 1.44, or 1.79%. This decline can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed against its sector today by 1.48%, indicating a relative weakness in performance. Additionally, the stock's delivery volume has significantly decreased by 51.17% compared to the 5-day average, suggesting a drop in investor participation and interest. <BR><BR>In terms of moving averages, while the stock is above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages, which may signal a short-term bearish trend. <BR><BR>Moreover, the stock has shown a negative performance over the past week and month, with declines of 1.85% and 5.54%, respectively. Although the year-to-date performance is positive at 7.26%, the one-year performance shows a significant drop of 26.58%. <BR><BR>Despite some positive financial results, such as a 129.8% growth in profit before tax and a 129.1% growth in profit after tax compared to previous quarters, the overall negative sentiment and recent performance trends appear to be driving the stock price down.

What does Lagnam Spintex do?

Lagnam Spintex Ltd manufactures and exports cotton yarn for the garments industry and is classified as a micro-cap company with a market cap of INR 145 Cr. As of March 2026, it reported net sales of 180 Cr and a net profit of 8 Cr.

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 Ltd was incorporated as a private limited company in 2010 and later converted to a public limited company in January 2018. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 180 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 8 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 145 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 3.21<BR>- Return on Equity: 11.91%<BR>- Price to Book: 1.18<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

Which are the latest news on Lagnam Spintex?

How big is Lagnam Spintex?

As of 10th June, Lagnam Spintex Ltd has a market capitalization of 145.00 Cr, with recent Net Sales of 604.98 Cr and a Net Profit of 14.39 Cr.

As of 10th June, Lagnam Spintex Ltd has a market capitalization of 145.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Lagnam Spintex reported Net Sales of 604.98 Cr and a Net Profit of 14.39 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.

Should I buy, sell or hold Lagnam Spintex Ltd?

Are Lagnam Spintex Ltd latest results good or bad?

Lagnam Spintex Ltd's latest results show strong revenue growth with a record ₹179.65 crores for Q4 FY26, but net profit declined year-on-year, and high debt levels raise financial concerns. Overall, while there are positive aspects, significant challenges remain that could affect future performance.

Lagnam Spintex Ltd's latest results present a mixed picture. On one hand, the company achieved record quarterly revenue of ₹179.65 crores for Q4 FY26, reflecting a strong sequential growth of 17.57% and a year-on-year increase of 10.31%. This indicates resilient demand in the cotton yarn segment.<BR><BR>However, the net profit for the quarter was ₹8.35 crores, which, while up 126.29% from the previous quarter, represents a decline of 2.22% compared to the same quarter last year. Additionally, the operating margin improved to 12.90%, up from 10.96% in the previous quarter, but it still fell short of the 15.21% margin from the same quarter last year, highlighting ongoing margin pressures.<BR><BR>The company's debt-to-equity ratio stands at a concerning 3.21 times, which raises significant financial risk and concerns about sustainability. The absence of institutional investor interest and high promoter pledging (48.16% of shares) further complicate the outlook.<BR><BR>In summary, while Lagnam Spintex has shown impressive sequential growth in revenue and profit, the underlying issues related to debt and margin compression suggest that the results are not entirely positive. The company faces considerable challenges that could impact its future performance.

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.

Who are in the management team of Lagnam Spintex?

As of March 2022, the management team of Lagnam Spintex includes D P Mangal (Chairman & Executive Director), Anand Mangal (Managing Director), Shubh Mangal (Whole-Time Director), and four independent directors: Vijay Singh Bapna, J C Laddha, Anil Shah, and Dipali Mathur. Each member contributes to the company's governance and strategic direction.

As of March 2022, 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>Each member plays a crucial role in the governance and strategic direction of the company.

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.

Who are the peers of the Lagnam Spintex?

Lagnam Spintex's peers include Trent, Page Industries, K P R Mill Ltd, and Vedant Fashions, among others. In terms of management risk, growth, and capital structure, K P R Mill Ltd shows excellent performance, while Lagnam Spintex has below-average capital structure and a 1-year return of 0.00%.

Peers: The peers of Lagnam Spintex are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suditi Industrie, Weizmann, Sh. Dinesh Mills, Vandana Knitwear, Forcas Studio.<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 Average management risk is noted at Trident, Weizmann, and Sh. Dinesh Mills, and the rest. Growth is Excellent at K P R Mill Ltd, while Good growth is seen at Lagnam Spintex, and Below Average growth is noted at Page Industries, Vedant Fashions, Trident, Suditi Industrie, Weizmann, Sh. Dinesh Mills, Vandana Knitwear, and the rest. Capital Structure is Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Below Average capital structure is found at Lagnam Spintex, Suditi Industrie, Vandana Knitwear, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Suditi Industrie at 329.99%, while the lowest is Vedant Fashions at -24.67%, and Lagnam Spintex's 1-year return is 0.00%, which is lower than both. Additionally, the six-month return is negative for Vedant Fashions, Trident, Sh. Dinesh Mills, and Weizmann.