Lagnam Spintex

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.

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.

What does Lagnam Spintex do?

Lagnam Spintex Ltd manufactures and exports cotton yarn for the garments industry, with a market cap of INR 183 Cr and reported net sales of 1,629 Cr and net profit of 85 Cr for March 2025. The company has a P/E ratio of 14.00 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 January 2018. The most recent quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,629 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 85 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 183 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 3.21 <BR>Return on Equity: 10.63% <BR>Price to Book: 1.50 <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 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.

How big is Lagnam Spintex?

As of 24th July, Lagnam Spintex Ltd has a market capitalization of 182.00 Cr, with Net Sales of 605.56 Cr and a Net Profit of 12.85 Cr over the latest four quarters. The company has Shareholder's Funds of 120.87 Cr and Total Assets of 570.24 Cr.

As of 24th July, Lagnam Spintex Ltd has a market capitalization of 182.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Lagnam Spintex reported Net Sales of 605.56 Cr and a Net Profit of 12.85 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 120.87 Cr and Total Assets of 570.24 Cr.

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.

Are Lagnam Spintex Ltd latest results good or bad?

Lagnam Spintex Ltd's latest Q2 FY26 results are poor, showing an 80.71% decline in net profit to ₹0.38 crore and a 5.47% drop in revenue to ₹132.43 crore, alongside compressed operating and PAT margins, indicating significant operational challenges.

Lagnam Spintex Ltd's latest results for Q2 FY26 indicate a challenging performance. The company reported a net profit of ₹0.38 crore, which represents a significant decline of 80.71% compared to the previous quarter. Revenue also fell by 5.47% to ₹132.43 crore. This decline in both profit and revenue reflects ongoing operational difficulties faced by the company.<BR><BR>Moreover, the operating margin decreased to 8.97%, down 177 basis points from the previous quarter, and the PAT margin shrank to a mere 0.29%. These metrics highlight severe margin compression and a notable deterioration in profitability.<BR><BR>On a year-on-year basis, while net profit remained flat, the revenue saw a slight decline of 1.42%. The overall performance suggests that Lagnam Spintex is grappling with significant challenges, including high leverage and operational inefficiencies, which have negatively impacted its financial health.<BR><BR>In summary, the latest results can be characterized as poor, with substantial declines in both profit and revenue, alongside compressed margins, indicating a tough operating environment for the company.

Should I buy, sell or hold Lagnam Spintex Ltd?

Why is Lagnam Spintex Ltd falling/rising?

As of 03-Apr, Lagnam Spintex Ltd's stock price is at 63.98, reflecting a decline of -0.11%. The stock has significantly underperformed over the past year and month, with decreased investor participation and high debt levels contributing to negative sentiment and ongoing downward pressure.

As of 03-Apr, Lagnam Spintex Ltd's stock price is experiencing a slight decline, currently at 63.98, reflecting a change of -0.07 (-0.11%). This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed significantly over the past year, with a return of -34.65%, which is notably worse than the broader market's decline of -2.65%. This substantial drop indicates a lack of investor confidence and suggests that the stock is not keeping pace with market trends. Additionally, the stock's performance over the past month shows a decline of -9.24%, further emphasizing its struggles.<BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by 87.85% compared to the 5-day average. This decline in trading activity can signal waning interest from investors, contributing to the stock's downward pressure.<BR><BR>Moreover, the company faces challenges related to its financial health. It has a high debt-to-equity ratio of 2.62, indicating a substantial level of debt relative to its equity, which raises concerns about its long-term sustainability. The fact that 48.16% of promoter shares are pledged adds to the negative sentiment, as pledged shares can exert additional downward pressure on stock prices in a declining market.<BR><BR>While there are some positive aspects, such as a recent growth in profit after tax (PAT) of 49.08% and a relatively attractive valuation compared to peers, these factors have not been sufficient to offset the negative trends in stock performance and investor sentiment. Overall, the combination of poor long-term growth prospects, high debt levels, and significant underperformance relative to the market are key reasons why Lagnam Spintex Ltd's stock is currently falling.

Why is Lagnam Spintex Ltd falling/rising?

As of 04-Apr, Lagnam Spintex Ltd's stock price is 63.98, showing a slight decline and significant underperformance over the past year with a return of -34.65%. High debt levels, weak long-term growth, and declining investor interest contribute to the stock's downward pressure.

As of 04-Apr, Lagnam Spintex Ltd's stock price is currently at 63.98, reflecting a slight decline of 0.07 (-0.11%). The stock has been underperforming significantly over the past year, with a return of -34.65%, which is much worse than the broader market's decline of -2.65%. This underperformance is compounded by the company's high debt levels, as indicated by a Debt to Equity ratio of 2.62 times, which raises concerns about its long-term fundamental strength.<BR><BR>Despite a recent positive factor of a 49.08% growth in profit after tax over the last six months, the stock's overall performance has been hindered by weak long-term growth, with operating profit increasing at a mere 0.83% annually over the past five years. Additionally, 48.16% of promoter shares are pledged, which can exert further downward pressure on the stock price in a falling market.<BR><BR>Investor participation has also declined, with delivery volume dropping by 87.85% compared to the five-day average, indicating reduced interest among investors. Although the stock has outperformed its sector by 0.76% today and is trading at a discount compared to its peers, the combination of high debt, weak growth prospects, and falling investor participation suggests that the stock is currently facing downward pressure.

Why is Lagnam Spintex Ltd falling/rising?

As of 05-Apr, Lagnam Spintex Ltd's stock price is at 63.98, reflecting a decline of 0.11%. The stock's poor performance is driven by high debt levels, weak growth prospects, and significant pledged shares, leading to decreased investor confidence.

As of 05-Apr, Lagnam Spintex Ltd's stock price is currently at 63.98, reflecting a slight decline of 0.07 (-0.11%). The stock has shown a negative performance over the past month, with a decrease of 9.24%, and a significant drop of 34.65% over the past year. This underperformance is notable when compared to the broader market, as the Sensex has only declined by 2.65% during the same period.<BR><BR>Several factors contribute to the stock's downward trend. The company has a high debt-to-equity ratio of 2.62, indicating financial leverage that may deter investors. Additionally, 48.16% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market. The company's operating profit growth has been weak, averaging only 0.83% annually over the last five years, which raises concerns about its long-term growth potential.<BR><BR>Despite some positive indicators, such as a recent profit after tax growth of 49.08% and a favorable PEG ratio of 0.3, these factors are overshadowed by the company's high debt levels and poor long-term performance. The stock's liquidity is also a concern, with a significant drop in delivery volume by 87.85% compared to the five-day average, indicating falling investor participation.<BR><BR>In summary, Lagnam Spintex Ltd is experiencing a decline in its stock price primarily due to high debt levels, weak long-term growth prospects, and significant pledged promoter shares, which collectively contribute to a lack of investor confidence.

Which are the latest news on Lagnam Spintex?