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. Also explore Lagnam Spintex Limited asset portfolio for the complete picture of this company's asset base.

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. Check LAGNAM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see market value of Lagnam Spintex Limited.

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
Innovative Rfk SpA PA:MLIRF	$16.50 Million
Hyterra Ltd AU:HYT	$16.52 Million
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS IS:BRMEN	$16.52 Million
Burcon NutraScience Corporation TO:BU	$16.53 Million
Maniker F & G Co. Ltd KQ:195500	$16.49 Million
PlumbFast Co. Ltd KQ:035200	$16.49 Million
Dev Information Technology Limited NSE:DEVIT	$16.48 Million
Nexen Tire Prf 1 KO:002355	$16.47 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: 1.13x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 12.29x to 1.13x 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	Rs86.34	x
2015-03-31	Rs8.48	Rs86.34	x
2016-03-31	Rs9.66	Rs86.34	x
2017-03-31	Rs11.74	Rs86.34	x
2018-03-31	Rs14.97	Rs86.34	x
2019-03-31	Rs35.66	Rs86.34	x
2020-03-31	Rs30.76	Rs86.34	x
2021-03-31	Rs33.32	Rs86.34	x
2022-03-31	Rs48.31	Rs86.34	x
2023-03-31	Rs53.36	Rs86.34	x
2024-03-31	Rs61.66	Rs86.34	x
2025-03-31	Rs68.45	Rs86.34	x
2026-03-31	Rs76.56	Rs86.34	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: $2,544,165,434
Average return on equity (ROE) among peers: 12.67%

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	$16.50 Million
Aarvee Denims & Exports Limited (AARVEEDEN)	$1.64 Billion	14.01%	1.91x	$38.07 Million
Akshar Spintex Limited (AKSHAR)	$345.07 Million	24.78%	1.28x	$3.32 Million
Alok Industries Limited (ALOKINDS)	$10.23 Billion	16.10%	3.69x	$640.07 Million
Alps Industries Limited (ALPSINDUS)	$-8.30 Billion	0.00%	0.00x	$14.51 Million
Axita Cotton Limited (AXITA)	$523.70 Million	32.53%	0.54x	$30.29 Million
AYM Syntex Limited (AYMSYNTEX)	$4.20 Billion	1.70%	1.19x	$159.62 Million
Banswara Syntex Limited (BANSWRAS)	$5.59 Billion	3.96%	1.14x	$45.78 Million
Bannari Amman Spinning Mills Limited (BASML)	$1.65 Billion	10.33%	1.72x	$23.22 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING)	$4.03 Billion	8.92%	3.42x	$271.45 Million
Cheviot Company Limited (CHEVIOT)	$5.53 Billion	14.35%	0.10x	$69.91 Million

About Lagnam Spintex Limited

NSE:LAGNAM India Textile Manufacturing

Market Cap

$16.50 Million

Rs1.53 Billion INR

Market Cap Rank

#25656 Global

#1418 in India

Share Price

Rs86.34

Change (1 day)

-2.75%

52-Week Range

Rs59.73 - Rs98.07

All Time High

Rs170.29