Laxmi Cotspin (LAXMICOT)
Score breakdown: P/E: 2/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹13.42 |
| Market Cap | ₹23.01 Cr |
| P/E Ratio | 3 |
| ROCE | -0.31% |
| ROE | -1.94% |
| Dividend Yield | 0% |
| Profit Growth | -707.41% |
| Debt/Equity | 0.7 |
| Sales Growth | -17% |
| Promoter Holding | 58.63% |
| 52-Week Range | ₹11.36 — ₹24.44 |
| Sector | Textiles & Apparels |
| Book Value | ₹34.72 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
At ₹15.01, Laxmi Cotspin looks like a classic Graham cigar butt: market cap ₹26 crore against book value of ₹37.87 per share, so the stock trades at 0.4 times book. But a cheap price is not enough. The business is deteriorating. Sales have fallen 40.29%, profit growth is -707.41%, and the latest quarter shows a net loss of ₹1 crore on revenue of ₹25 crore. ROCE is -0.31%, meaning operations are barely earning anything and likely destroying value. The Piotroski F-Score of 2 out of 9 is a loud warning; it suggests weak financial health and a high chance of continued trouble. Debt/equity of 0.66 is not extreme, but with losses and shrinking sales, any debt cushion can erode quickly. There is no dividend, so the investor's only return comes from asset realisation or an operational turnaround. Promoter holding of 58.63% is positive, showing promoter skin in the game, but it does not make a poor business good. I would not trust the P/E of 15.39 because the earnings base is distorted by the current loss; trailing profitability is thin, and the latest quarter is red. Benjamin Graham would ask whether the book value is real and whether the assets can generate earnings. With negative returns and falling demand, the ₹37.87 book value may shrink further. This is not a wonderful business at a fair price; it is a struggling business at a low statistical price. I would need clear evidence of stabilised sales, improving margins, and positive cash flow before putting money here. For now, this remains a possible asset play, but only for those willing to wait and watch the balance sheet carefully.
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Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer