About Laxmi Cotspin Limited
Data last updated:
Laxmi Cotspin Limited is a public limited company based in Jalna, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L17120MH2005PLC156866. Its GSTIN is 27AAECM5186A1ZL (Maharashtra). Its shares are listed on NSE: LAXMICOT.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹17.15 Cr. It was formerly known as Laxmi Cotspin Private Limited and Mauli Cotspin Private Lilmited. It is led by directors including Sanjay Kachrulal Rathi (Managing Director) and Kailash Shrikisan Biyani.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jalna, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹150.67 Cr, a growth of 0.2% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -1.3%) and EBITDA of ₹78 Lakh (EBITDA margin 0.5%).
The company has about 314 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Laxmi Cotspin. As per MCA filings, the company has open charges of ₹130.6 Cr and satisfied charges of ₹230.7 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending. The company has 52 deals on record (51 market trades, 1 ipo); the latest was in February 2026. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is KPM Processing Mill Private Limited with revenue of ₹154.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxmicotspin.com.
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- Registered AddressGut No.399 Samangaon – Kajla Road In Front Of Meenatai Thakare Vridhashram, Samangaon, Jalna, Maharashtra, India – 431203
- IndustryManufacturing, Textile & Fabric Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Laxmi Cotspin Limited
The main business activity of Laxmi Cotspin is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Laxmi Cotspin Limited FY 2025-26 filings available
Laxmi Cotspin Limited reported revenue of ₹150.67 Cr (up 0.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 151 | 150 | 144 | 143 | 216 |
| Revenue growth | +0.2% | +4.4% | +0.5% | -33.6% | - |
| EBITDA | 0.78 | (0.42) | 0.48 | (2.77) | 12.24 |
| EBITDA margin | +0.5% | -0.3% | +0.3% | -1.9% | +5.7% |
| Profit before tax | (0.71) | 0.35 | (0.32) | (6.63) | 8.10 |
| Net profit | (1.91) | (4.80) | 0.57 | (5.86) | 5.25 |
| Net profit margin | -1.3% | -3.2% | +0.4% | -4.1% | +2.4% |
| EPS (₹) | (0.72) | 0.27 | (0.16) | (3.42) | 3.18 |
| Balance sheet | |||||
| Total assets | - | 110 | 114 | 90.43 | 98.71 |
| Net worth | - | 62.79 | 62.91 | 47.75 | 53.58 |
| Total debt | - | 46.76 | 50.18 | 42.28 | 44.64 |
| Cash & bank | - | 0.70 | 1.00 | 0.35 | 0.15 |
| Net working capital | - | 61.53 | 72.25 | 61.06 | 68.45 |
| Cash flow | |||||
| Cash from operations | - | 9.46 | (8.40) | 4.75 | (5.70) |
| Cash from investing | - | (5.05) | (1.06) | (1.60) | (3.51) |
| Cash from financing | - | (4.71) | 10.11 | (2.96) | 9.25 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.27 | 17.28 | 24.57 | 58.23 | 50.59 | 22.46 | 41.15 | 56.40 |
| Revenue growth (YoY) | -63.9% | -23.1% | -40.3% | +3.2% | +66.4% | - | - | - |
| Other income | 0.04 | 1.08 | 1.46 | 0.55 | 1.48 | 6.92 | 1.10 | 0.34 |
| EBITDA | 0.96 | (1.56) | (1.18) | 1.22 | 2.31 | 2.56 | 1.50 | (2.59) |
| EBITDA margin | +5.3% | -9.0% | -4.8% | +2.1% | +4.6% | +11.4% | +3.6% | -4.6% |
| Depreciation | 0.71 | 0.56 | 0.58 | 0.41 | 0.64 | 0.83 | 0.81 | 0.78 |
| Interest | 0.97 | 0.95 | 0.98 | 0.94 | 1.01 | 1.14 | 1.44 | 0.96 |
| Profit before tax | (0.68) | (1.99) | (1.28) | 0.42 | 2.14 | 7.51 | 0.35 | (3.99) |
| Tax | (0.25) | (0.57) | 0.20 | 0.01 | 0.85 | 0.07 | 0.07 | (0.21) |
| Net profit | (0.43) | (1.42) | (1.48) | 0.41 | 1.29 | 7.44 | 0.28 | (3.78) |
| EPS (₹) | (0.26) | (0.82) | (0.86) | 0.24 | 0.76 | 4.34 | 0.16 | (2.20) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 151 | 150 | 144 | 143 | 216 | 116 | 151 |
| Revenue growth | +0.2% | +4.4% | +0.5% | -33.6% | +85.9% | -23.3% | - |
| EBITDA | 0.80 | (0.41) | 0.52 | (2.76) | 12.24 | 6.64 | 4.16 |
| EBITDA margin | +0.5% | -0.3% | +0.4% | -1.9% | +5.7% | +5.7% | +2.8% |
| Profit before tax | (0.68) | 0.36 | (0.28) | (6.62) | 8.10 | 1.04 | (0.96) |
| Net profit | (1.88) | (4.80) | 0.60 | (5.85) | 5.25 | 1.43 | (0.88) |
| Net profit margin | -1.3% | -3.2% | +0.4% | -4.1% | +2.4% | +1.2% | -0.6% |
| EPS (₹) | (0.70) | 0.27 | (0.14) | (3.41) | 3.18 | 0.63 | (0.51) |
| Balance sheet | |||||||
| Total assets | - | 110 | 114 | 90.56 | 98.72 | 80.21 | 95.43 |
| Net worth | - | 62.84 | 62.95 | 47.76 | 53.58 | 48.11 | 47.03 |
| Total debt | - | 46.76 | 50.18 | 42.28 | 44.64 | 31.66 | 47.80 |
| Cash & bank | - | 0.61 | 0.84 | 0.17 | 0.05 | 0.10 | 1.58 |
| Net working capital | - | 68.83 | 72.09 | 61.02 | 68.35 | 49.82 | 61.49 |
| Cash flow | |||||||
| Cash from operations | - | 2.09 | (8.38) | 4.77 | (5.70) | 16.84 | 2.00 |
| Cash from investing | - | 2.39 | (1.06) | (1.70) | (3.61) | 1.42 | (3.40) |
| Cash from financing | - | (4.71) | 10.11 | (2.96) | 9.25 | (18.34) | 1.81 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.27 | 17.28 | 24.57 | 58.23 | 50.59 | 22.46 | 41.15 | 56.40 |
| Revenue growth (YoY) | -63.9% | -23.1% | -40.3% | +3.2% | +66.4% | - | - | - |
| Other income | 0.04 | 1.08 | 1.46 | 0.55 | 1.48 | 6.92 | 1.10 | 0.34 |
| Total expenses | 17.31 | 18.83 | 25.75 | 57.01 | 48.28 | 19.89 | 39.65 | 58.99 |
| EBITDA | 0.96 | (1.55) | (1.18) | 1.22 | 2.31 | 2.57 | 1.50 | (2.59) |
| EBITDA margin | +5.3% | -9.0% | -4.8% | +2.1% | +4.6% | +11.4% | +3.6% | -4.6% |
| Depreciation | 0.71 | 0.56 | 0.58 | 0.41 | 0.64 | 0.83 | 0.81 | 0.78 |
| Interest | 0.97 | 0.95 | 0.97 | 0.94 | 1.01 | 1.14 | 1.44 | 0.96 |
| Profit before tax | (0.68) | (1.98) | (1.27) | 0.42 | 2.14 | 7.52 | 0.35 | (3.99) |
| Tax | (0.25) | (0.56) | 0.20 | 0.00 | 0.85 | 0.07 | 0.07 | (0.21) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.27 | 17.28 | 24.57 | 58.23 | 50.59 | 22.46 | 41.15 | 56.40 |
| Revenue growth (YoY) | -63.9% | -23.1% | -40.3% | +3.2% | +66.4% | - | - | - |
| Other income | 0.04 | 1.08 | 1.46 | 0.55 | 1.48 | 6.92 | 1.10 | 0.34 |
| EBITDA | 0.96 | (1.56) | (1.18) | 1.22 | 2.31 | 2.56 | 1.50 | (2.59) |
| EBITDA margin | +5.3% | -9.0% | -4.8% | +2.1% | +4.6% | +11.4% | +3.6% | -4.6% |
| Depreciation | 0.71 | 0.56 | 0.58 | 0.41 | 0.64 | 0.83 | 0.81 | 0.78 |
| Interest | 0.97 | 0.95 | 0.98 | 0.94 | 1.01 | 1.14 | 1.44 | 0.96 |
| Profit before tax | (0.68) | (1.99) | (1.28) | 0.42 | 2.14 | 7.51 | 0.35 | (3.99) |
| Tax | (0.25) | (0.57) | 0.20 | 0.01 | 0.85 | 0.07 | 0.07 | (0.21) |
| Net profit | (0.43) | (1.42) | (1.48) | 0.41 | 1.29 | 7.44 | 0.28 | (3.78) |
| EPS (₹) | (0.26) | (0.82) | (0.86) | 0.24 | 0.76 | 4.34 | 0.16 | (2.20) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 151 | 150 | 144 | 143 | 216 |
| Revenue growth | +0.2% | +4.4% | +0.5% | -33.6% | - |
| Other income | 4.57 | 8.56 | 5.45 | 1.43 | 1.66 |
| Total expenses | 150 | 151 | 144 | 146 | 204 |
| Employee cost | 0.00 | 7.31 | 8.49 | 8.55 | 7.80 |
| EBITDA | 0.78 | (0.42) | 0.48 | (2.77) | 12.24 |
| EBITDA margin | +0.5% | -0.3% | +0.3% | -1.9% | +5.7% |
| Depreciation | 2.18 | 3.21 | 3.04 | 3.26 | 3.23 |
| Interest | 3.88 | 4.58 | 3.21 | 2.03 | 2.57 |
| Profit before tax | (0.71) | 0.35 | (0.32) | (6.63) | 8.10 |
| Tax | 0.49 | (0.12) | (0.07) | (0.77) | 2.64 |
| Net profit | (1.91) | (4.80) | 0.57 | (5.86) | 5.25 |
| Net profit margin | -1.3% | -3.2% | +0.4% | -4.1% | +2.4% |
| EPS (₹) | (0.72) | 0.27 | (0.16) | (3.42) | 3.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | - | 17.15 | 17.15 | 17.15 | 17.15 |
| Reserves & surplus | - | 45.64 | 45.76 | 30.60 | 36.43 |
| Shareholders' funds (net worth) | - | 62.79 | 62.91 | 47.75 | 53.58 |
| Minority interest | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 43.10 | 46.86 | 37.93 | 39.66 |
| Unsecured loans | - | 3.66 | 3.32 | 4.35 | 4.98 |
| Total debt | - | 46.76 | 50.18 | 42.28 | 44.64 |
| Total liabilities | - | 110 | 114 | 90.43 | 98.71 |
| Assets | |||||
| Gross block | - | 109 | 102 | 87.83 | 87.64 |
| Net block | - | 39.34 | 34.80 | 23.77 | 26.76 |
| Capital work in progress | - | 6.04 | 3.62 | 3.13 | 2.03 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 45.59 | 52.69 | 47.02 | 47.42 |
| Sundry debtors | - | 3.32 | 3.83 | 6.15 | 8.71 |
| Cash & bank balances | - | 0.70 | 1.00 | 0.35 | 0.15 |
| Loans & advances | - | 21.23 | 21.18 | 15.46 | 20.68 |
| Total current assets | - | 70.84 | 78.70 | 68.98 | 76.96 |
| Total current liabilities | - | 9.31 | 6.45 | 7.92 | 8.51 |
| Net working capital | - | 61.53 | 72.25 | 61.06 | 68.45 |
| Total assets | - | 110 | 114 | 90.43 | 98.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | - | 1.00 | 0.35 | 0.15 | 0.10 |
| Net cash from operating activities | - | 9.46 | (8.40) | 4.75 | (5.70) |
| Net cash from investing activities | - | (5.05) | (1.06) | (1.60) | (3.51) |
| Net cash from financing activities | - | (4.71) | 10.11 | (2.96) | 9.25 |
| Net change in cash | - | (0.30) | 0.65 | 0.20 | 0.05 |
| Closing cash | - | 0.70 | 1.00 | 0.35 | 0.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +0.2% | +4.4% | +0.5% | -33.6% | - |
| EBITDA growth | +285.7% | -187.5% | +117.3% | -122.6% | - |
| PBT growth | - | +9998.0% | +95.2% | - | +9997.0% |
| Net income growth | +60.2% | -942.1% | +109.7% | -211.6% | - |
| Revenue CAGR (3Y) | +1.7% | -11.4% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -0.8% | +0.3% | -0.2% | -4.1% | +2.5% |
| Return on capital employed | - | -0.4% | +3.9% | -4.9% | +10.8% |
| Return on net worth | - | -9.6% | +1.1% | -11.6% | +10.2% |
| Debt / equity | - | 0.97 | 0.95 | 0.86 | 0.83 |
| Long-term debt / equity | - | 0.12 | 0.16 | 0.19 | 0.19 |
| Interest cover | -277.14 | -126.17 | -125.39 | -33.67 | 28.52 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 1.62 | 1.64 | 1.63 | 2.46 |
| Inventory turnover | - | 3.06 | 2.89 | 3.03 | 4.55 |
| Debtors turnover | - | 42.08 | 28.86 | 19.29 | 24.79 |
| EPS (₹) | (0.72) | 0.27 | (0.16) | (3.42) | 3.18 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 29.80 | 28.64 | 27.85 | 31.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.27 | 17.28 | 24.57 | 58.23 | 50.59 | 22.46 | 41.15 | 56.40 |
| Revenue growth (YoY) | -63.9% | -23.1% | -40.3% | +3.2% | +66.4% | - | - | - |
| Other income | 0.04 | 1.08 | 1.46 | 0.55 | 1.48 | 6.92 | 1.10 | 0.34 |
| Total expenses | 17.31 | 18.83 | 25.75 | 57.01 | 48.28 | 19.89 | 39.65 | 58.99 |
| EBITDA | 0.96 | (1.55) | (1.18) | 1.22 | 2.31 | 2.57 | 1.50 | (2.59) |
| EBITDA margin | +5.3% | -9.0% | -4.8% | +2.1% | +4.6% | +11.4% | +3.6% | -4.6% |
| Depreciation | 0.71 | 0.56 | 0.58 | 0.41 | 0.64 | 0.83 | 0.81 | 0.78 |
| Interest | 0.97 | 0.95 | 0.97 | 0.94 | 1.01 | 1.14 | 1.44 | 0.96 |
| Profit before tax | (0.68) | (1.98) | (1.27) | 0.42 | 2.14 | 7.52 | 0.35 | (3.99) |
| Tax | (0.25) | (0.56) | 0.20 | 0.00 | 0.85 | 0.07 | 0.07 | (0.21) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 151 | 150 | 144 | 143 | 216 | 116 | 151 |
| Revenue growth | +0.2% | +4.4% | +0.5% | -33.6% | +85.9% | -23.3% | - |
| Other income | 4.57 | 8.56 | 5.45 | 1.43 | 1.66 | 0.56 | 1.81 |
| Total expenses | 150 | 151 | 144 | 146 | 204 | 110 | 147 |
| Employee cost | 0.00 | 7.31 | 8.49 | 8.55 | 7.80 | 6.20 | 7.56 |
| EBITDA | 0.80 | (0.41) | 0.52 | (2.76) | 12.24 | 6.64 | 4.16 |
| EBITDA margin | +0.5% | -0.3% | +0.4% | -1.9% | +5.7% | +5.7% | +2.8% |
| Depreciation | 2.18 | 3.21 | 3.04 | 3.26 | 3.23 | 3.15 | 3.72 |
| Interest | 3.87 | 4.58 | 3.21 | 2.03 | 2.57 | 3.01 | 3.21 |
| Profit before tax | (0.68) | 0.36 | (0.28) | (6.62) | 8.10 | 1.04 | (0.96) |
| Tax | 0.50 | (0.11) | (0.06) | (0.77) | 2.64 | (0.04) | (0.08) |
| Net profit | (1.88) | (4.80) | 0.60 | (5.85) | 5.25 | 1.43 | (0.88) |
| Net profit margin | -1.3% | -3.2% | +0.4% | -4.1% | +2.4% | +1.2% | -0.6% |
| EPS (₹) | (0.70) | 0.27 | (0.14) | (3.41) | 3.18 | 0.63 | (0.51) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 17.15 | 17.15 | 17.15 | 17.15 | 17.15 | 17.15 |
| Reserves & surplus | - | 45.69 | 45.80 | 30.61 | 36.43 | 30.96 | 29.88 |
| Shareholders' funds (net worth) | - | 62.84 | 62.95 | 47.76 | 53.58 | 48.11 | 47.03 |
| Secured loans | - | 43.10 | 46.86 | 37.93 | 39.66 | 31.66 | 45.51 |
| Unsecured loans | - | 3.66 | 3.32 | 4.35 | 4.98 | 0.00 | 2.29 |
| Total debt | - | 46.76 | 50.18 | 42.28 | 44.64 | 31.66 | 47.80 |
| Total liabilities | - | 110 | 114 | 90.56 | 98.72 | 80.21 | 95.43 |
| Assets | |||||||
| Gross block | - | 101 | 101 | 87.83 | 87.64 | 86.81 | 91.40 |
| Net block | - | 31.89 | 34.80 | 23.77 | 26.76 | 27.24 | 32.32 |
| Capital work in progress | - | 6.04 | 3.62 | 3.13 | 2.03 | 1.97 | 1.90 |
| Investments | - | 0.20 | 0.20 | 0.20 | 0.10 | 1.42 | 0.00 |
| Inventories | - | 45.59 | 52.69 | 47.02 | 47.42 | 30.41 | 28.63 |
| Sundry debtors | - | 3.32 | 3.83 | 6.24 | 8.61 | 19.62 | 33.22 |
| Cash & bank balances | - | 0.61 | 0.84 | 0.17 | 0.05 | 0.10 | 1.58 |
| Loans & advances | - | 28.27 | 21.17 | 15.47 | 20.68 | 10.48 | 5.15 |
| Total current assets | - | 77.79 | 78.53 | 68.90 | 76.76 | 60.61 | 68.58 |
| Total current liabilities | - | 8.96 | 6.44 | 7.88 | 8.41 | 10.79 | 7.09 |
| Net working capital | - | 68.83 | 72.09 | 61.02 | 68.35 | 49.82 | 61.49 |
| Total assets | - | 110 | 114 | 90.56 | 98.72 | 80.21 | 95.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.84 | 0.17 | 0.05 | 0.10 | 0.18 | 1.17 |
| Net cash from operating activities | - | 2.09 | (8.38) | 4.77 | (5.70) | 16.84 | 2.00 |
| Net cash from investing activities | - | 2.39 | (1.06) | (1.70) | (3.61) | 1.42 | (3.40) |
| Net cash from financing activities | - | (4.71) | 10.11 | (2.96) | 9.25 | (18.34) | 1.81 |
| Net change in cash | - | (0.23) | 0.67 | 0.11 | (0.05) | (0.08) | 0.41 |
| Closing cash | - | 0.61 | 0.84 | 0.17 | 0.05 | 0.10 | 1.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.2% | +4.4% | +0.5% | -33.6% | +85.9% | -23.3% | - |
| EBITDA growth | +295.1% | -178.9% | +118.8% | -122.6% | +84.3% | +59.6% | - |
| PBT growth | - | +9998.0% | +95.8% | - | +678.9% | +9998.0% | - |
| Net income growth | +60.8% | -900.0% | +110.3% | -211.4% | +267.1% | +262.5% | - |
| Revenue CAGR (3Y) | +1.7% | -11.4% | +7.4% | -1.8% | +6.8% | -6.0% | +9.7% |
| EBITDA CAGR (3Y) | - | - | -57.2% | - | +0.0% | -19.5% | -27.8% |
| Profitability & leverage | |||||||
| Net income margin | -0.8% | +0.3% | -0.2% | -4.1% | +2.5% | +0.9% | -0.6% |
| Return on capital employed | - | -0.3% | +3.9% | -4.9% | +11.9% | +5.1% | +2.4% |
| Return on net worth | - | -9.6% | +1.2% | -11.6% | +10.7% | +3.0% | -1.9% |
| Debt / equity | - | 0.97 | 0.95 | 0.86 | 0.75 | 0.84 | 1.00 |
| Long-term debt / equity | - | 0.12 | 0.16 | 0.19 | 0.23 | 0.22 | 0.19 |
| Interest cover | -280.43 | -126.52 | -127.38 | -33.72 | 28.52 | 86.25 | 729.55 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.70 | 1.64 | 1.63 | 2.48 | 1.30 | 1.67 |
| Inventory turnover | - | 3.06 | 2.89 | 3.03 | 5.55 | 3.93 | 5.56 |
| Debtors turnover | - | 42.08 | 28.60 | 19.30 | 15.30 | 4.40 | 4.10 |
| EPS (₹) | (0.70) | 0.27 | (0.14) | (3.41) | 3.18 | 0.63 | (0.51) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 29.83 | 28.67 | 27.85 | 31.24 | 28.06 | 27.42 |
Peer Comparison of Laxmi Cotspin Limited
Laxmi Cotspin Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KPM Processing Mill Private Limited | ₹154.45 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Tirupur, Tamil Nadu, India |
| Sumit Creation Private Limited | ₹154.41 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Surat, Gujarat, India |
| The Rajaratna Mills Private Limited | ₹154.36 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Daman Polythread Private Limited | ₹154.09 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Daman, Daman and Diu, India |
| Dinesh Exports Private Limited | ₹153.95 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Namakkal, Tamil Nadu, India |
| Yogpriya Yarns Private Limited | ₹153.68 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Nashik, Maharashtra, India |
| Star Cottex Limited | ₹153.56 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Ludhiana, Punjab, India |
| Salasar Polytex Private Limited | ₹153.54 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Surat, Gujarat, India |
| Grover Handloom Private Limited | ₹153.53 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Panipat, Haryana, India |
| Jayman Textiles Private Limited | ₹153.47 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Laxmi Cotspin Limited this company | ₹150.67 Cr (FY 2026) | •••• | •••• | 0.2% | •••• | Jalna, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Laxmi Cotspin by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Laxmi Cotspin Limited
Laxmi Cotspin Limited is audited by DMKH & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DMKH & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Laxmi Cotspin Limited
Laxmi Cotspin has 8 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kachrulal Rathi Also directs: Laxmi Surgical Healthcare Private Limited, Laxmi Style & Design Private Limited, Rathi Ispat and Infra Private Limited and 5 more | Managing Director | 19 Oct 2005 | 20 Years 11 Months | Current |
| Kailash Shrikisan Biyani Also directs: MTF Expo LLP, Gauri Agro Tech Products Private Limited | Director | 16 Oct 2021 | 5 Years 0 Months | Current |
| Gopal Satyanarayan Mundada Also directs: Sharau Builders Private Limited | Director | 16 Oct 2021 | 5 Years 0 Months | Current |
| Ramesh Gopikishan Mundada | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Ravindra Mishrilal Bangad | Additional Director | 05 Dec 2025 | 0 Years 10 Months | Current |
| Gaurav Ramnivas Karwa | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
Shareholding Pattern of Laxmi Cotspin Limited
Shareholding for the quarter ended Sep 2026: promoters hold 58.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 41.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.60% | 58.60% | 58.60% | 58.60% |
| Public | 41.40% | 41.40% | 41.40% | 41.40% |
Charges & Borrowings of Laxmi Cotspin Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2025 | Others | ₹5.6 Cr | Open |
| 11 May 2022 | Axis Bank Limited | ₹18.28 Cr | Open |
| 05 May 2022 | Hdfc Bank Limited | ₹10 Cr | Open |
| 23 Jul 2018 | Others | ₹20 Lakh | Open |
| 15 Mar 2018 | Others | ₹6 Cr | Open |
Total charge records: 17 View all charges
Deals & Funding of Laxmi Cotspin Limited
Laxmi Cotspin Limited has 52 deals on record (51 market trades, 1 ipo); the latest was in February 2026.
Deals on record (5 of 52)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹20.4 Lakh | Seller: Metarolls Ispat Private Limited |
| Sep 2025 | Market trade | ₹27.2 Lakh | Buyer: Rajuri Steels & TMT Bars Private Limited Seller: an individual |
| Sep 2025 | Market trade | ₹24.8 Lakh | Buyer: Rajuri Steels & TMT Bars Private Limited Seller: an individual |
| Sep 2024 | Market trade | ₹31.2 Lakh | Buyer: Qe Securities LLP Seller: Qe Securities LLP |
| Sep 2024 | Market trade | ₹1.44 Cr | Buyer: Qe Securities LLP , Bronze Securities Private Limited , NK Securities Research Private Limited Seller: Qe Securities LLP , Bronze Securities Private Limited , NK Securities Research Private Limited |
Full deal history
All 52 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Laxmi Cotspin Limited
Laxmi Cotspin Limited has 7 court cases on record: 5 filed by Laxmi Cotspin, 2 filed against it. 1 case is pending and 6 are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalna, Maharashtra | Court case (Reg Dkst) | Filed against the company by C A Galiakotwala and Company Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against C A Galiakotwala and Company Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Louis Drefus Company India Pvt Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against C.A.Galiakotwala and Co.Pvt Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against C.A. Galiakotwala and Co. Pvt. Ltd | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Laxmi Cotspin Limited
Laxmi Cotspin operates one associated brand: Laxmi Cotspin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cotton yarn and based products are manufactured and sold. | laxmicotspin.com |
Employees and EPFO Compliance at Laxmi Cotspin Limited
Laxmi Cotspin Limited has a workforce of 314 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Laxmi Cotspin Limited
Laxmi Cotspin has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Laxmi Spintex Private Limited | U17299MH2021PTC362557 | - |
| Laxmi Surgical Healthcare Private Limited | U33100MH2021PTC364930 | - |
Showing major subsidiaries. Total: 2.
Name History of Laxmi Cotspin Limited
Laxmi Cotspin has undergone 2 name changes throughout its history. The company was previously known as Laxmi Cotspin Private Limited, and Mauli Cotspin Private Lilmited. The current legal name is Laxmi Cotspin Limited.
| Company Name | Status |
|---|---|
| Laxmi Cotspin Limited | Current |
| Laxmi Cotspin Private Limited | Previous |
| Mauli Cotspin Private Lilmited | Previous |
CIN History of Laxmi Cotspin Limited
Laxmi Cotspin has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17120MH2005PLC156866, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120MH2005PLC156866 | Current |
| U17120MH2005PTC156866 | Previous |
| U17120MH2005PLC156866 | Previous |
Recent Activity on Laxmi Cotspin Limited
Laxmi Cotspin Limited has 41 board changes on record since 2005: 25 appointments and 16 cessations. The latest: Sharda Ghansham Sikchi was appointed as Additional Director on 30 Apr 2026.
63 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Laxmi Cotspin Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Laxmi Cotspin Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Laxmi Cotspin Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Laxmi Cotspin Limited
Laxmi Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM5186A1ZL | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Laxmi Cotspin Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Laxmi Cotspin Limited
Frequently Asked Questions about Laxmi Cotspin Limited
Laxmi Cotspin is an active public limited company based in Jalna, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 October 2005 (21+ years old) and is registered under CIN L17120MH2005PLC156866. Listed on NSE: LAXMICOT.
Laxmi Cotspin reported revenue of ₹150.67 Cr for FY 2025-26 (up 0.2% YoY) based on consolidated financials.
Laxmi Cotspin has 8 current directors:
- Sanjay Kachrulal Rathi - Managing Director
- Kailash Shrikisan Biyani - Director
- Gopal Satyanarayan Mundada - Director
- Ramesh Gopikishan Mundada - Director
- Ravindra Mishrilal Bangad - Additional Director
- Gaurav Ramnivas Karwa - Director
- Vivek Mohanlal Maniyar - Director
- Sharda Ghansham Sikchi - Additional Director
The GSTIN of Laxmi Cotspin is 27AAECM5186A1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Laxmi Cotspin is L17120MH2005PLC156866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Laxmi Cotspin is listed on NSE with symbol LAXMICOT.
Laxmi Cotspin has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Laxmi Cotspin was incorporated on 19 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Nagpur.
Laxmi Cotspin has 52 deals on record (51 market trades, 1 ipo); the latest was in February 2026.
The peers of Laxmi Cotspin by revenue are KPM Processing Mill Private Limited, Sumit Creation Private Limited, The Rajaratna Mills Private Limited, Daman Polythread Private Limited, Dinesh Exports Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sharda Ghansham Sikchi was appointed as Additional Director on 30 Apr 2026. Ravindra Mishrilal Bangad was appointed as Additional Director on 05 Dec 2025. Shivratan Shrigopal Mundada ceased to be Director on 25 Nov 2025. Laxmi Cotspin has 41 board changes on record in total.