Is Lagnam Spintex a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Lagnam Spintex Ltd is a below average quality company .

Is Lagnam Spintex undervalued or overvalued?

The key valuation ratios of Lagnam Spintex Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Lagnam Spintex share price return in the past 10 years?

Data is not available for this company

Is Lagnam Spintex a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Lagnam Spintex Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Lagnam Spintex Ltd - Stock Valuation and Financial Performance

Name: Lagnam Spintex
Brand: Lagnam Spintex

BSE: 0 | NSE: LAGNAM | Textile | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Lagnam Spintex:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	8.5%	8.7%	8%	9.1%	9.3%	5.3%	3.9%	5.8%	15.3%	6.6%	-
Value Creation Index ⓘ	-0.4	-0.4	-0.4	-0.4	-0.3	-0.6	-0.7	-0.6	0.1	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	41.9	49.5	56.2	75	83.9	80.4	176	205	348	305	378
Sales YoY Gr.	-	18.1%	13.6%	33.6%	11.8%	-4.2%	119.5%	16.3%	69.8%	-12.6%	-
Adj EPS ⓘ	7.8	8.3	9.8	18.1	3.9	2.7	0.6	2.5	16.3	5.5	5
YoY Gr.	-	6.3%	18.7%	83.6%	-78.3%	-31%	-76.7%	303.2%	541.3%	-66.1%	-
BVPS (₹) ⓘ	66.3	72.4	82.7	100.7	22.6	30.1	30.7	33	48.3	53.4	57.5
Adj Net Profit ⓘ	1.4	1.7	2	3.7	4.6	4.8	1.1	4.5	28.8	9.8	9
Cash Flow from Ops. ⓘ	4	2.1	6.4	8.4	4.7	-3.8	-6.8	6.1	23.1	12.9	-
Debt/CF from Ops. ⓘ	7	17.7	7.9	5.4	10.4	-32.1	-24.1	27.5	7.1	14.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	24.7%	29.4%	20%	-12.6%
Adj EPS ⓘ	-3.7%	7.2%	106.3%	-66.1%
BVPSⓘ	-2.4%	18.8%	20.2%	10.5%
Share Price	-	54.7%	98.2%	141.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	11.5	12.3	12.5	19.5	19.3	12	2.1	8	40.1	10.9	9
Op. Profit Mgn % ⓘ	13.7	12.8	15.4	14.9	12.6	14.2	8.8	12.7	16.8	10.1	8.6
Net Profit Mgn % ⓘ	3.4	3.4	3.6	4.9	5.4	5.9	0.6	2.2	8.3	3.2	2.3
Debt to Equity ⓘ	2.2	2.5	3	2.2	1.9	2.3	3	2.9	1.9	2	-
Working Cap Days ⓘ	0	107	117	103	116	180	136	162	121	169	66
Cash Conv. Cycle ⓘ	0	79	84	71	76	107	85	108	86	122	13

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.97%

Net Profit is growing at healthy rate in last 3 years 106.28%

Debt to equity has declined versus last 3 years average to 1.95

Sales growth is good in last 4 quarters at 24.50%

Return on Equity has declined versus last 3 years average to 9.00%

Latest Financials - Lagnam Spintex Ltd.

	Standalone	Consolidated
TTM EPS (₹)	5	-
TTM Sales (₹ Cr.)	378	-
BVPS (₹.) ⓘ	57.5	-
Reserves (₹ Cr.) ⓘ	84	-
P/BV ⓘ	2.34	-
PE ⓘ	27.07	-

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	238
Equity (₹ Cr.)	17.7
Face Value (₹)	10
Industry PE ⓘ	28.4

Management X-Ray of Lagnam Spintex:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

48.98

23.19

48.98

48.16

* Pledged shares as % of Promoter's holding (%)

Valuation of Lagnam Spintex

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Lagnam Spintex

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	42	49	56	75	84	80	176	205	348	305
Operating Expenses ⓘ	36	43	48	64	73	69	161	179	290	274
Manufacturing Costs	3	4	4	6	7	7	15	17	22	20
Material Costs	30	35	38	52	59	55	129	140	232	222
Employee Cost	1	1	1	1	2	2	8	9	12	12
Other Costs ⓘ	3	3	4	5	5	5	9	14	24	20
Operating Profit ⓘ	6	6	9	11	11	11	16	26	58	31
Operating Profit Margin (%)	13.7%	12.5%	15.4%	14.9%	12.6%	14.1%	8.8%	12.7%	16.8%	10.1%
Other Income ⓘ	0	0	0	0	1	0	0	0	1	0
Interest ⓘ	3	3	4	3	3	3	9	12	11	11
Depreciation ⓘ	1	1	2	3	3	3	6	8	8	7
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	2	2	3	6	6	6	1	7	41	13
Tax ⓘ	0	0	1	2	1	2	-1	2	12	3
Profit After Tax	1	2	2	4	5	5	1	4	29	10
PAT Margin (%)	3.5%	3.2%	3.7%	4.9%	5.6%	5.9%	0.6%	2.2%	8.3%	3.2%
Adjusted EPS (₹)	1.4	1.4	1.9	3.3	4.0	2.7	0.6	2.5	16.3	5.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	20%	6%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	12	15	17	21	26	53	54	58	85	94
Share Capital ⓘ	2	2	2	2	12	18	18	18	18	18
Reserves ⓘ	10	13	15	18	15	36	37	41	68	77
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	26	36	48	42	45	118	153	153	142	157
Long Term Debt	19	29	37	33	27	97	108	123	109	97
Short Term Debt	7	7	11	10	17	21	46	30	34	60
Trade Payables	1	0	1	1	2	4	11	5	2	4
Others Liabilities ⓘ	2	3	5	8	10	14	23	34	51	58
Total Liabilities ⓘ	41	54	71	72	84	189	242	250	280	313
Fixed Assets
Gross Block	28	39	57	57	63	63	178	157	159	160
Accumulated Depreciation	3	4	6	9	11	14	20	8	15	22
Net Fixed Assetsⓘ	25	35	51	48	52	50	158	149	144	137
CWIP ⓘ	2	2	0	0	1	83	0	0	0	25
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	4	6	5	7	13	13	39	40	57	84
Trade Receivables	6	7	9	9	9	19	27	35	40	28
Cash Equivalents	1	0	0	0	0	7	0	0	4	0
Others Assetsⓘ	2	4	5	6	8	17	17	25	34	38
Total Assets ⓘ	41	54	71	72	84	189	242	250	280	313

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	4	2	6	8	5	-4	-7	6	23	13
PBT ⓘ	2	2	3	6	6	6	1	7	41	13
Adjustment ⓘ	4	5	6	6	5	5	15	19	18	19
Changes in Working Capital ⓘ	-2	-4	-2	-2	-5	-14	-22	-19	-29	-17
Tax Paid ⓘ	0	0	-1	-1	-1	-1	-1	-1	-7	-1
Cash Flow From Investing Activity ⓘ	-2	-11	-16	0	-6	-82	-31	0	-2	-25
Capex	-2	-11	-16	-1	-7	-82	-32	0	-3	-25
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-1	7	9	-8	2	92	32	-6	-17	8
Net Proceeds from Shares ⓘ	1	1	0	0	1	22	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	10	9	-4	-4	70	16	22	-9	-6
Interest Paid ⓘ	-3	-3	-4	-3	-3	-3	-9	-12	-11	-11
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	-2	-1
Others ⓘ	1	0	4	-1	8	3	25	-16	4	27
Net Cash Flow ⓘ	0	-1	0	0	0	7	-6	0	3	-4

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	11.88	11.72	13.19	19.65	20.11	12.02	2.09	7.95	40.1	10.87
ROCE (%)	11.44	11.24	11.94	13.38	12.14	7.32	5.06	8.46	21.62	8.99
Asset Turnover Ratio	1.01	1.04	0.9	1.05	1.08	0.59	0.82	0.84	1.31	1.03
PAT to CFO Conversion(x)	4	1	3	2	1	-0.8	-7	1.5	0.79	1.3
Working Capital Days
Receivable Days	51	47	52	44	39	64	48	55	39	41
Inventory Days	36	36	35	31	45	60	54	70	51	84
Payable Days	7	5	5	5	10	21	22	21	5	5

Lagnam Spintex Ltd Stock News

Lagnam Spintex Ltd FAQs

What is the share price of Lagnam Spintex?

Company share prices are keep on changing according to the market conditions. The closing price of Lagnam Spintex on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Lagnam Spintex?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Lagnam Spintex stood at ₹238.0.