Laxmi Cotspin Limited (LAXMICOT) - Net Assets
Based on the latest financial reports, Laxmi Cotspin Limited (LAXMICOT) has net assets worth Rs642.09 Million INR (≈ $6.94 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 (Rs1.17 Billion ≈ $12.70 Million USD) and total liabilities (Rs531.88 Million ≈ $5.75 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 tangible is Laxmi Cotspin Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs642.09 Million |
| % of Total Assets | 54.69% |
| Annual Growth Rate | 6.34% |
| 5-Year Change | 30.51% |
| 10-Year Change | 52.67% |
| Growth Volatility | 120.38 |
Laxmi Cotspin Limited - Net Assets Trend (2012–2025)
This chart illustrates how Laxmi Cotspin Limited's net assets have evolved over time, based on quarterly financial data. See Laxmi Cotspin Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Laxmi Cotspin Limited (2012–2025)
The table below shows the annual net assets of Laxmi Cotspin Limited from 2012 to 2025. For live valuation and market cap data, see Laxmi Cotspin Limited (LAXMICOT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs627.91 Million ≈ $6.79 Million |
-0.19% |
| 2024-03-31 | Rs629.09 Million ≈ $6.80 Million |
+442.56% |
| 2023-03-31 | Rs115.95 Million ≈ $1.25 Million |
-78.36% |
| 2022-03-31 | Rs535.77 Million ≈ $5.79 Million |
+11.36% |
| 2021-03-31 | Rs481.12 Million ≈ $5.20 Million |
+2.31% |
| 2020-03-31 | Rs470.26 Million ≈ $5.09 Million |
+0.35% |
| 2019-03-31 | Rs468.63 Million ≈ $5.07 Million |
+5.94% |
| 2018-03-31 | Rs442.33 Million ≈ $4.78 Million |
+3.63% |
| 2017-03-31 | Rs426.82 Million ≈ $4.62 Million |
+3.77% |
| 2016-03-31 | Rs411.29 Million ≈ $4.45 Million |
+8.19% |
| 2015-03-31 | Rs380.15 Million ≈ $4.11 Million |
+3.43% |
| 2014-03-31 | Rs367.54 Million ≈ $3.97 Million |
+15.56% |
| 2013-03-31 | Rs318.06 Million ≈ $3.44 Million |
+12.58% |
| 2012-03-31 | Rs282.51 Million ≈ $3.06 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Laxmi Cotspin 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 27297600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs272.98 Million | 43.47% |
| Common Stock | Rs171.48 Million | 27.31% |
| Other Comprehensive Income | Rs127.93 Million | 20.37% |
| Other Components | Rs55.53 Million | 8.84% |
| Total Equity | Rs627.91 Million | 100.00% |
Laxmi Cotspin Limited Competitors by Market Cap
The table below lists competitors of Laxmi Cotspin Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unity Biotechnology Inc
NASDAQ:UBX
|
$2.75 Million |
|
Gulf Marine Services PLC
LSE:GMS
|
$2.76 Million |
|
Pantheon Resources
LSE:PANR
|
$2.76 Million |
|
JPMorgan China Growth & Income PLC
LSE:JCGI
|
$2.76 Million |
|
Hansa Trust
LSE:HAN
|
$2.74 Million |
|
Cheer Holding Inc.
NASDAQ:CHR
|
$2.73 Million |
|
Entreparticuli
PA:ALENT
|
$2.73 Million |
|
Card Factory PLC
LSE:CARD
|
$2.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Laxmi Cotspin Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 629,090,000 to 627,911,000, a change of -1,179,000 (-0.2%).
- Net loss of 48,049,000 reduced equity.
- Other comprehensive income decreased equity by 329,685,000.
- Other factors increased equity by 376,555,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-48.05 Million | -7.65% |
| Other Comprehensive Income | Rs-329.69 Million | -52.51% |
| Other Changes | Rs376.56 Million | +59.97% |
| Total Change | Rs- | -0.19% |
Book Value vs Market Value Analysis
This analysis compares Laxmi Cotspin 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: 0.40x
- 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 0.90x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs16.47 | Rs14.81 | x |
| 2013-03-31 | Rs18.55 | Rs14.81 | x |
| 2014-03-31 | Rs21.43 | Rs14.81 | x |
| 2015-03-31 | Rs22.17 | Rs14.81 | x |
| 2016-03-31 | Rs23.99 | Rs14.81 | x |
| 2017-03-31 | Rs24.89 | Rs14.81 | x |
| 2018-03-31 | Rs25.80 | Rs14.81 | x |
| 2019-03-31 | Rs27.33 | Rs14.81 | x |
| 2020-03-31 | Rs27.42 | Rs14.81 | x |
| 2021-03-31 | Rs28.06 | Rs14.81 | x |
| 2022-03-31 | Rs31.24 | Rs14.81 | x |
| 2023-03-31 | Rs27.85 | Rs14.81 | x |
| 2024-03-31 | Rs37.45 | Rs14.81 | x |
| 2025-03-31 | Rs36.94 | Rs14.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Laxmi Cotspin 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): -7.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.13%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.90x
- Recent ROE (-7.65%) is below the historical average (3.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 1.57% | 0.54% | 1.10x | 2.66x | Rs-23.83 Million |
| 2013 | 7.07% | 2.21% | 1.42x | 2.25x | Rs-9.33 Million |
| 2014 | 10.31% | 3.31% | 1.40x | 2.23x | Rs1.14 Million |
| 2015 | 5.94% | 2.16% | 1.22x | 2.26x | Rs-15.44 Million |
| 2016 | 7.83% | 2.85% | 1.50x | 1.84x | Rs-8.91 Million |
| 2017 | 6.28% | 2.34% | 1.09x | 2.46x | Rs-15.88 Million |
| 2018 | 5.84% | 1.85% | 1.26x | 2.51x | Rs-18.40 Million |
| 2019 | 7.81% | 2.07% | 1.62x | 2.33x | Rs-10.25 Million |
| 2020 | -1.85% | -0.57% | 1.47x | 2.19x | Rs-55.71 Million |
| 2021 | 2.26% | 0.94% | 1.27x | 1.90x | Rs-37.25 Million |
| 2022 | 10.17% | 2.52% | 2.01x | 2.01x | Rs913.81K |
| 2023 | -12.27% | -4.09% | 1.46x | 2.06x | Rs-106.34 Million |
| 2024 | -0.43% | -0.19% | 1.20x | 1.91x | Rs-65.60 Million |
| 2025 | -7.65% | -3.13% | 1.29x | 1.90x | Rs-110.84 Million |
Industry Comparison
This section compares Laxmi Cotspin Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-13,452,134,551
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Laxmi Cotspin Limited (LAXMICOT) | Rs642.09 Million | 1.57% | 0.83x | $2.75 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.57 Billion | 17.50% | 1.92x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $3.83 Million |
| Alok Industries Limited (ALOKINDS) | $-146.17 Billion | 0.00% | 0.00x | $694.84 Million |
| Alps Industries Limited (ALPSINDUS) | $-3.44 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $38.36 Million | 30.20% | 4.91x | $31.78 Million |
| AYM Syntex Limited (AYMSYNTEX) | $645.68 Million | -11.24% | 2.13x | $137.73 Million |
| Banswara Syntex Limited (BANSWRAS) | $3.99 Billion | 11.44% | 1.21x | $49.46 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.54 Billion | 5.04% | 2.31x | $21.66 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $-1.95 Billion | 0.00% | 0.00x | $297.20 Million |
| Cheviot Company Limited (CHEVIOT) | $7.06 Billion | 7.32% | 0.09x | $69.09 Million |
About Laxmi Cotspin Limited
Laxmi Cotspin Limited engages in the processing of textiles in India. The company offers cotton yarn, as well as ring spinning, open end, and TFO yarns; cotton bales; oilseeds; and oil mill products, such as gold and silver oil cake, wash oil, and oil sediment. It exports its products to Asian and European countries. The company was incorporated in 2005 and is based in Jalna, India.