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Laxmi Cotspin Ltd. (LAXMICOT) AI Stock Analysis

IN:LAXMICOT

Laxmi Cotspin Ltd.

(NSE:LAXMICOT)

Select Model
Rating:45Neutral
Price Target:INR 11.50â–¼(-1.46% Downside)
Action:reiterated
Date:08/20/26

The overall score is constrained primarily by weak financial performance, including revenue decline, four consecutive years of losses, margin compression, and fragile, cyclical cash generation despite a still-adequate balance sheet. Technicals provide only a modest offset, with the price showing short-term stabilization above key shorter moving averages but remaining in a broader downtrend and exhibiting neutral momentum with high volatility. Valuation is further hampered by a negative P/E and lack of dividend support, leaving limited evidence that the current price is backed by solid, sustainable earnings.

Positive Factors
Cotton Value-Chain PositionParticipation across cotton processing and yarn/textile manufacturing gives the company an established role in a necessary industrial value chain. Its products serve downstream textile and apparel producers, providing a clear operating focus and a platform for benefiting from sustained textile demand.
Negative Factors
Revenue Volatility and DeclineSharp revenue volatility and the latest contraction make the company’s top-line base difficult to forecast. Unstable demand or operating performance can reduce fixed-cost absorption, weaken planning visibility, and delay the return to consistent profitability over the next several quarters.

Laxmi Cotspin Ltd. (LAXMICOT) vs. iShares MSCI India ETF (INDA)

-50%-40%-30%-20%-10%0%10%20%IN:LAXMICOT-44.85%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 206.97M
Dividend Yield
―
Average Volume (3M)
26.79K
Price to Earnings (P/E)
-6.9
Beta (1Y)
1.64
Revenue Growth
-30.67%
EPS Growth
-23145.95%
Country
India
Employees
271
Sector
General
Sector Strength
55
Industry
Manufacturing - Textiles

Laxmi Cotspin Ltd. Business Overview & Revenue Model

Company Description

Laxmi Cotspin Limited is an Indian company specializing in the processing and sale of textiles. Its diverse product portfolio encompasses cotton yarns, bales, seeds, and oil, alongside fabrics and oil cakes. The company extends its market reach beyon...

Laxmi Cotspin Ltd. Financial Statement Overview

Summary

Financial performance is weak, with broadly flat revenue that fell about 12% in FY 2026, four consecutive years of losses, compressed gross margins around 10–11%, and volatile, often insufficient cash flows, partially offset by a still-reasonable equity base and some improvement in FY 2026 losses and operating cash flow.

Income Statement

40Negative

Balance Sheet

52Neutral

Cash Flow

35Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue1.19B1.54B1.54B1.44B1.43B2.16B
Gross Profit153.01M162.60M163.84M255.45M-9.61M163.71M
EBITDA10.48M41.58M28.61M59.09M-15.53M139.24M
Net Income-29.50M-12.01M4.62M-2.69M-58.59M54.49M
Balance Sheet
Total Assets01.12B1.19B1.20B983.46M1.08B
Cash, Cash Equivalents and Short-Term Investments3.24M3.24M7.01M10.02M3.52M1.52M
Total Debt0426.75M467.58M501.85M422.75M446.38M
Total Liabilities-608.06M507.53M565.61M570.82M867.51M539.51M
Stockholders Equity608.06M608.06M627.91M629.09M477.49M535.77M
Cash Flow
Free Cash Flow23.68M-9.80M-75.16M-91.76M33.34M-89.16M
Operating Cash Flow41.15M22.68M94.61M-84.04M47.54M-57.11M
Investing Cash Flow10.45M-1.75M-50.51M-10.56M-15.96M-36.08M
Financing Cash Flow-53.81M-24.70M-47.12M101.11M-29.59M92.55M

Laxmi Cotspin Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price11.67

Price Trends

50DMA12.95Negative
100DMA13.76Negative
200DMA14.33Negative

Market Momentum

MACD-0.31Positive
RSI34.20Neutral
STOCH21.85Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LAXMICOT, the sentiment is Negative. The current price of 11.67 is below the 20-day moving average (MA) of 12.47, below the 50-day MA of 12.95, and below the 200-day MA of 14.33, indicating a bearish trend. The MACD of -0.31 indicates Positive momentum. The RSI at 34.20 is Neutral, neither overbought nor oversold. The STOCH value of 21.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:LAXMICOT.

Laxmi Cotspin Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:LAXMICOT against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:SHIVATEXIN:SHIVATEX69NeutralINR 2.30B22.96―0.35%-0.02%-26.96%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:BASMLIN:BASML54NeutralINR 1.52B6.73―1.32%-2.19%132.56%
IN:SALONAIN:SALONA48NeutralINR 1.34B55.41―0.27%0.65%-4.33%
IN:SUPERSPININ:SUPERSPIN48NeutralINR 377.85M-6.56――-4.09%67.81%
IN:SURYALAXMIIN:SURYALAXMI48NeutralINR 933.31M23.52――-1.58%-14.14%
IN:LAXMICOTIN:LAXMICOT45NeutralINR 200.11M-6.86――-30.67%-23145.95%

* General Sector Average

Performance Comparison

-40%-20%0%20%IN:LAXMICOTIN:BASMLIN:SALONAIN:SHIVATEXIN:SUPERSPININ:SURYALAXMIDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:LAXMICOT and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:LAXMICOTLaxmi Cotspin Ltd.11.67-9.90-45.90%
IN:BASMLBannari Amman Spinning Mills Limited18.98-8.52-30.98%
IN:SALONASalona Cotspin Limited254.803.111.24%
IN:SHIVATEXShiva Texyarn Limited177.70-2.46-1.37%
IN:SUPERSPINSuper Spinning Mills Limited6.87-2.40-25.89%
IN:SURYALAXMISuryalakshmi Cotton Mills Ltd.49.63-13.20-21.01%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 20, 2026