Lagnam Spintex Limited (LAGNAM) - Net Assets

Latest as of March 2026: Rs1.35 Billion INR ≈ $14.64 Million USD

Based on the latest financial reports, Lagnam Spintex Limited (LAGNAM) has net assets worth Rs1.35 Billion INR (≈ $14.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.72 Billion ≈ $61.82 Million USD) and total liabilities (Rs4.36 Billion ≈ $47.18 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Lagnam Spintex Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.35 Billion
% of Total Assets	23.68%
Annual Growth Rate	22.03%
5-Year Change	58.55%
10-Year Change	552.36%
Growth Volatility	25.55

Lagnam Spintex Limited - Net Assets Trend (2014–2026)

This chart illustrates how Lagnam Spintex Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LAGNAM market cap.

Annual Net Assets for Lagnam Spintex Limited (2014–2026)

The table below shows the annual net assets of Lagnam Spintex Limited from 2014 to 2026. Also explore LAGNAM year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs1.35 Billion ≈ $14.64 Million	+11.98%
2025-03-31	Rs1.21 Billion ≈ $13.07 Million	+10.94%
2024-03-31	Rs1.09 Billion ≈ $11.78 Million	+15.55%
2023-03-31	Rs942.88 Million ≈ $10.20 Million	+10.46%
2022-03-31	Rs853.63 Million ≈ $9.23 Million	+45.01%
2021-03-31	Rs588.69 Million ≈ $6.37 Million	+8.33%
2020-03-31	Rs543.42 Million ≈ $5.88 Million	+2.11%
2019-03-31	Rs532.20 Million ≈ $5.76 Million	+101.25%
2018-03-31	Rs264.44 Million ≈ $2.86 Million	+27.46%
2017-03-31	Rs207.47 Million ≈ $2.24 Million	+21.50%
2016-03-31	Rs170.76 Million ≈ $1.85 Million	+13.91%
2015-03-31	Rs149.91 Million ≈ $1.62 Million	+20.77%
2014-03-31	Rs124.13 Million ≈ $1.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Lagnam Spintex Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs176.69 Million	13.05%
Other Components	Rs1.18 Billion	86.95%
Total Equity	Rs1.35 Billion	100.00%

Lagnam Spintex Limited Competitors by Market Cap

The table below lists competitors of Lagnam Spintex Limited ranked by their market capitalization.

Company	Market Cap
KDA Group Inc V:KDA	$13.60 Million
Vinpai SAS PA:ALVIN	$13.60 Million
Quality Concrete Holdings Bhd KLSE:7544	$13.61 Million
FIPP S.A. PA:FIPP	$13.61 Million
BSA Ltd AU:BSA	$13.59 Million
Pegasus Heights Bhd KLSE:4464	$13.58 Million
Excel Realty N Infra Limited NSE:EXCEL	$13.58 Million
Big Pharma Split Corp Class A TO:PRM	$13.58 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lagnam Spintex Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 1,208,689,000 to 1,353,459,000, a change of 144,770,000 (12.0%).
Net income of 143,898,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 2,300,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs143.90 Million	+10.63%
Other Comprehensive Income	Rs-2.30 Million	-0.17%
Other Changes	Rs3.17 Million	+0.23%
Total Change	Rs-	11.98%

Book Value vs Market Value Analysis

This analysis compares Lagnam Spintex Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.93x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 10.13x to 0.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-03-31	Rs7.03	Rs71.15	x
2015-03-31	Rs8.48	Rs71.15	x
2016-03-31	Rs9.66	Rs71.15	x
2017-03-31	Rs11.74	Rs71.15	x
2018-03-31	Rs14.97	Rs71.15	x
2019-03-31	Rs35.66	Rs71.15	x
2020-03-31	Rs30.76	Rs71.15	x
2021-03-31	Rs33.32	Rs71.15	x
2022-03-31	Rs48.31	Rs71.15	x
2023-03-31	Rs53.36	Rs71.15	x
2024-03-31	Rs61.66	Rs71.15	x
2025-03-31	Rs68.45	Rs71.15	x
2026-03-31	Rs76.56	Rs71.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lagnam Spintex Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.63%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.38%
• Asset Turnover: 1.06x
• Equity Multiplier: 4.22x
Recent ROE (10.63%) is below the historical average (12.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	11.66%	3.46%	1.01x	3.34x	Rs2.06 Million
2015	10.53%	3.20%	0.91x	3.60x	Rs790.80K
2016	12.21%	3.72%	0.79x	4.13x	Rs3.77 Million
2017	17.69%	4.91%	1.04x	3.46x	Rs15.96 Million
2018	17.72%	5.60%	1.00x	3.17x	Rs20.41 Million
2019	8.97%	5.96%	0.42x	3.55x	Rs-5.46 Million
2020	2.07%	0.64%	0.73x	4.45x	Rs-43.11 Million
2021	7.60%	2.20%	0.82x	4.24x	Rs-14.13 Million
2022	33.74%	8.50%	1.21x	3.28x	Rs202.62 Million
2023	10.35%	3.28%	0.96x	3.30x	Rs3.34 Million
2024	13.38%	3.33%	0.82x	4.90x	Rs36.78 Million
2025	10.64%	2.12%	1.06x	4.72x	Rs7.68 Million
2026	10.63%	2.38%	1.06x	4.22x	Rs8.55 Million

Industry Comparison

This section compares Lagnam Spintex Limited's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

Industry: Textile Manufacturing
Average net assets among peers: $4,986,959,002
Average return on equity (ROE) among peers: -7.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lagnam Spintex Limited (LAGNAM)	Rs1.35 Billion	11.66%	3.22x	$13.60 Million
Aarvee Denims & Exports Limited (AARVEEDEN)	$1.77 Billion	3.02%	1.40x	$38.07 Million
Akshar Spintex Limited (AKSHAR)	$194.97 Million	-2.63%	2.61x	$3.49 Million
Alok Industries Limited (ALOKINDS)	$45.55 Billion	-95.65%	6.33x	$396.29 Million
Alps Industries Limited (ALPSINDUS)	$-309.38 Million	0.00%	0.00x	$14.51 Million
Axita Cotton Limited (AXITA)	$178.00 Million	2.59%	1.15x	$33.11 Million
AYM Syntex Limited (AYMSYNTEX)	$4.20 Billion	1.70%	1.19x	$170.58 Million
Banswara Syntex Limited (BANSWRAS)	$2.21 Billion	3.63%	3.87x	$40.73 Million
Bannari Amman Spinning Mills Limited (BASML)	$2.54 Billion	5.04%	2.31x	$20.32 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING)	$-12.73 Billion	0.00%	0.00x	$240.29 Million
Cheviot Company Limited (CHEVIOT)	$6.26 Billion	11.09%	0.09x	$74.06 Million

About Lagnam Spintex Limited

NSE:LAGNAM India Textile Manufacturing

Market Cap

$13.60 Million

Rs1.26 Billion INR

Market Cap Rank

#26357 Global

#1455 in India

Share Price

Rs71.15

Change (1 day)

-1.94%

52-Week Range

Rs59.73 - Rs90.38

All Time High

Rs170.29