Lagnam Spintex
- Market cap
- ₹ 161 Cr.
- P/E
- 5.8x
- P/B
- 1.28x
- 52-week range
- 58.6 – 107.9
- ROE
- 11%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 2.64
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE
About
Lagnam Spintex Limited is an India-based company that manufactures cotton yarn. The Company is engaged in manufacturing of ring and open-end (OE) yarn for the domestic and export market ranging from count Ne 4 to Ne 40, which are used in denim, terry towels, bottom wears, home textiles and industrial fabrics. Its products include Yarn spun on perforated tubes / Soft package for direct Dyeing (ring and OE); low twist, high RKM OE yarn; low twist yarn in OE; Cotton Open End yarn from NE 6 to NE 24; Compact Slub yarn; Cotton Ring Spun Combed Yarns from Ne 20 to Ne 40; cotton Compact Ring Spun Combed Yarns from Ne 20 to Ne 40, and others. It produces 100% cotton yarns for both knitting and weaving, which are used for multiple applications, such as knitting, shirting, sheeting, sweaters, weaving, bottom wear, home textile, industrial fabric and others. It exports cotton yarns to countries, such as Portugal, Bangladesh, Colombia, Malaysia, Italy, United States, Spain, Germany and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Lagnam Spintex against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)5.8 against a typical 16.7: cheaper than most peers (1st = cheapest).31st of 268
- Sales growth+30.3% against a typical +6.7% from a year earlier.49th of 234
- Profit growth+2,052.6% against a typical +12.9% from a year earlier.6th of 166
- Share price, 3 months−0.5% against a typical −4%.91st of 240
- Size₹ 161.3 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).77th of 256
Latest announcements
Exchange filings and their impact on the company.
- Q2 revenue up 30% and PAT up 21x YoY puts H1 almost at full last-year profit, signaling a sharp earnings jump.
Lagnam Spintex reported very strong Q2 FY27 results with revenue of Rs 172.6 crore, up 30% from last year, and net profit of Rs 8.18 crore versus Rs 0.38 crore last year. For the half year, revenue was Rs 338.4 crore and profit was Rs 14.07 crore, almost equal to the full profit of last year. The company also appointed Mr. Brajesh Kumar Verma, a 26-year spinning industry veteran, as Assistant Vice President (Operations). The strong sales and better margins point to much higher earnings ahead, even as borrowings rose to fund expansion with capital work in progress at Rs 35.3 crore.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 17 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 30 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 8 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 7 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 124 | 150 | 160 | 134 | 148 | 163 | 140 | 132 | 153 | 180 | 166 | 173 |
| Expenses | 112 | 130 | 146 | 123 | 133 | 138 | 125 | 121 | 136 | 156 | 145 | 149 |
| Operating Profit | 11 | 20 | 14 | 12 | 15 | 25 | 15 | 12 | 17 | 23 | 21 | 23 |
| OPM % | 9.3% | 13.3% | 8.6% | 8.7% | 10.2% | 15.2% | 10.7% | 9% | 11% | 12.9% | 12.5% | 13.6% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 3 | 6 | 7 | 7 | 7 | 9 | 8 | 7 | 7 | 8 | 8 | 8 |
| Depreciation | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 7 | 10 | 2 | 0 | 3 | 12 | 3 | 0 | 5 | 12 | 9 | 12 |
| Tax % | 31.9% | 29.1% | 27.5% | 22.5% | 27.9% | 28.7% | 28.1% | 7.3% | 28.4% | 27.5% | 34.3% | 31.6% |
| Net Profit | 5 | 7 | 2 | 0 | 2 | 9 | 2 | 0 | 4 | 8 | 6 | 8 |
| EPS in Rs | 2.61 | 4.13 | 0.89 | 0.22 | 1.33 | 4.83 | 1.11 | 0.22 | 2.09 | 4.73 | 3.33 | 4.63 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 27%
- 5 Years
- 24%
- 3 Years
- 26%
- TTM
- 15%
- 10 Years
- 20%
- 5 Years
- 26%
- 3 Years
- 14%
- TTM
- 97%
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 14%
- 5 Years
- 16%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Lagnam Spintex | ₹ 87.00 | ₹ 161 Cr. | 5.8x | 1.3x | 11% | — |
| Page Industries | ₹ 33,830.00 | ₹ 37,734 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Dwarka Prasad Mangal
- Whole Time Chairman of the Board
- Devi Lal Mundra
- Chief Financial Officer
- Rajeev Parashar
- Compliance Officer, Company Secretary
- Anand Mangal
- Managing Director, Executive Director
- Shubh Mangal
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.