Lagnam Spintex Limited (LAGNAM) - Net Assets
Based on the latest financial reports, Lagnam Spintex Limited (LAGNAM) has net assets worth Rs1.23 Billion INR (≈ $13.32 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.43 Billion ≈ $58.70 Million USD) and total liabilities (Rs4.20 Billion ≈ $45.37 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 how resilient are Lagnam Spintex Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.23 Billion |
| % of Total Assets | 22.7% |
| Annual Growth Rate | 22.99% |
| 5-Year Change | 105.32% |
| 10-Year Change | 607.82% |
| Growth Volatility | 26.41 |
Lagnam Spintex Limited - Net Assets Trend (2014–2025)
This chart illustrates how Lagnam Spintex Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Lagnam Spintex Limited for the complete picture of this company's asset base.
Annual Net Assets for Lagnam Spintex Limited (2014–2025)
The table below shows the annual net assets of Lagnam Spintex Limited from 2014 to 2025. For live valuation and market cap data, see Lagnam Spintex Limited (LAGNAM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 grown by 3989.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs864.18 Million | 71.50% |
| Common Stock | Rs176.69 Million | 14.62% |
| Other Comprehensive Income | Rs2.30 Million | 0.19% |
| Other Components | Rs165.52 Million | 13.69% |
| Total Equity | Rs1.21 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 |
|---|---|
|
SMX (Security Matters) Public Limited Company Class A Ordinary Shares
NASDAQ:SMX
|
$15.79 Million |
|
Bertam Alliance Bhd
KLSE:9814
|
$15.79 Million |
|
Crown Lifters Limited
NSE:CROWN
|
$15.79 Million |
|
Aerometrex Ltd
AU:AMX
|
$15.79 Million |
|
PCCS Group Bhd
KLSE:6068
|
$15.78 Million |
|
Artroniq Berhad
KLSE:0038
|
$15.77 Million |
|
Hank Payments Corp
V:HANK
|
$15.76 Million |
|
SBC Corp Bhd
KLSE:5207
|
$15.76 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 2024 to 2025, total equity changed from 1,089,510,000 to 1,208,689,000, a change of 119,179,000 (10.9%).
- Net income of 128,547,000 contributed positively to equity growth.
- Dividend payments of 8,835,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs128.55 Million | +10.64% |
| Dividends Paid | Rs8.84 Million | -0.73% |
| Other Changes | Rs-533.00K | -0.04% |
| Total Change | Rs- | 10.94% |
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: 1.21x
- 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 11.76x to 1.21x 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 | Rs82.63 | x |
| 2015-03-31 | Rs8.48 | Rs82.63 | x |
| 2016-03-31 | Rs9.66 | Rs82.63 | x |
| 2017-03-31 | Rs11.74 | Rs82.63 | x |
| 2018-03-31 | Rs14.97 | Rs82.63 | x |
| 2019-03-31 | Rs35.66 | Rs82.63 | x |
| 2020-03-31 | Rs30.76 | Rs82.63 | x |
| 2021-03-31 | Rs33.32 | Rs82.63 | x |
| 2022-03-31 | Rs48.31 | Rs82.63 | x |
| 2023-03-31 | Rs53.36 | Rs82.63 | x |
| 2024-03-31 | Rs61.66 | Rs82.63 | x |
| 2025-03-31 | Rs68.45 | Rs82.63 | 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): 10.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.12%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 4.72x
- Recent ROE (10.64%) is below the historical average (13.05%), 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 |
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: $-11,328,224,579
- Average return on equity (ROE) among peers: 5.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lagnam Spintex Limited (LAGNAM) | Rs1.23 Billion | 11.66% | 3.41x | $15.79 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $25.59 Million | 2.29% | 4.18x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.08 Billion | 18.68% | 3.00x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $2.36 Billion | 5.07% | 0.09x | $74.09 Million |
About Lagnam Spintex Limited
Lagnam Spintex Limited manufactures and sells cotton yarns in India and internationally. Its products are used in various applications, such as denims, terry towels, knitting, shirting, sheeting, sweaters, socks, weaving, bottom wear, home textile, and industrial fabrics. The company also engages in the production of yarn spun on perforated tubes; low twist and high RKM OE yarn; and low twist yar… Read more