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Lagnam Spintex (LAGNAM) had a P/E of 8.3× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 21% below their 52-week high. It earns ROCE of 14% and ROE of 19%, and sales and net profit grew 26% and 14% a year over 3 years. Debt is 2.72× equity. It is a small-cap company with a market cap of ₹151 Cr, ranked 100th of 246 Textile Manufacturing companies by market cap; the shares rose 5.9% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹83.39
Day high
₹87.49
Day low
₹82.50
Prev. close
₹83.39
Volume
14.2K

Health check

2 good · 1 fair · 3 to check
  • ReturnsBehind

    +5.9% over a year, better than 2 of 7 peers.

  • Price tagCheaper

    P/E 8.3 vs industry 17.0.

  • GrowthStrong

    Sales +26.4%, profit +13.8% a year over 3 years.

  • ProfitabilityAverage

    ROCE 13.9% vs peer median 10.7%.

  • Balance sheetStretched

    Debt 2.72× equity, interest covered 1.7×, Piotroski 4 of 9.

  • Red flags2 to check

    Debt is 2.72× equity.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Textile Manufacturing

245 listed peers. Screen the industry

Small cap

₹151 Cr, #100 of 246 in its industry by size.

Defensive

Beta 0.56 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹671 Cr · profit ₹26 Cr
Market cap
₹151 Cr
Small cap
P/E
8.3
Industry 17.0
Price to book
1.01
Peers 3.81
Dividend yield
0.00%
ROE
19.1%
Peers 10.1%
ROCE
13.9%
Peers 10.7%
Debt to equity
2.72
Debt ₹407 Cr
EPS (TTM)
₹10.36
Face value ₹10
OPM (TTM)
11.5%
Net margin 3.9%
Sales growth
+18.4%
Latest quarter vs a year ago
Profit growth
+198.8%
Latest quarter vs a year ago
Price to sales
0.23
EV/EBITDA 6.6

Strengths and risks

Strengths

  • Return on equity of 19.1%.
  • Quarterly profit up 198.8% on a year ago.
  • Quarterly sales up 18.4% on a year ago.
  • P/E of 8.3 against an industry P/E of 17.0.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Debt is 2.72× equity.
  • Interest coverage of only 2.4×.

Derived automatically from reported figures. Not a recommendation.

About Lagnam Spintex

Lagnam Spintex Limited engages in the manufacturing and sale of cotton yarns in India and internationally. The company offers cotton compact ring spun combed yarns and carded yarns; cotton ring spun carded yarns and combed yarns; cotton open end yarn; compact eli twist yarn; compact slub yarn; organic cotton yarn; and yarn spun on perforated tubes/soft package for direct dyeing, and OE yarn. Its products are used in various applications, such as denims,…

Headquarters
Bhilwara
Employees
886
Sector
Consumer Cyclical
ISIN
INE548Z01017

Price range

52 weeks

₹58.60₹107.90

Today

₹82.50₹87.49
Avg volume (3M)
32.9K
1-year return
plus 5.9%
From 52-week high
minus 20.6%

Peers · Textile Manufacturing

Company
KPRMILLK.P.R. Mill1,164.40minus 0.25%39,88338.36.4120.0%18.0%22.1%2.3%2.1%0.43%plus 10.5%
WELSPUNLIVWelspun Living241.30minus 4.75%22,71752.84.475.8%8.8%28.7%5.7%0.9%0.04%plus 96.2%
VTLVardhman Textiles508.80minus 4.89%14,72914.31.388.6%7.3%13.7%−0.8%−2.1%0.98%plus 22.2%
ARVINDArvind494.75minus 0.58%12,96928.43.1015.4%11.1%10.9%3.4%0.8%0.91%plus 57.3%
TRIDENTTrident23.88plus 0.08%12,16825.42.5310.7%10.1%14.9%1.8%−5.1%2.09%minus 16.6%
ICILIndo Count Industries489.85minus 2.25%9,70239.83.819.5%5.5%9.7%11.6%−22.9%0.31%plus 78.7%
GARFIBRESGarware Technical Fibres715.65minus 2.13%6,98829.84.9719.3%15.3%19.2%5.6%4.9%1.26%minus 3.9%
LAGNAMLagnam Spintex85.64plus 2.70%1518.31.0113.9%19.1%11.2%26.4%13.8%0.00%plus 5.9%
Median of 7 peers–−2.13%12,96929.83.8110.7%10.1%14.9%3.4%0.8%0.91%22.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
140132153180166
125121136156145
1511.916.823.220.7
10.7%9.0%11.0%12.9%12.5%
00.10.10.10.1
8.27.37.57.77.7
4.24.24.244.1
2.70.45.211.59
28.2%7.7%28.4%27.4%34.3%
20.43.78.45.9
1.110.212.094.733.33

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+26.4%
Profit CAGR 3Y
+13.8%
EPS CAGR 3Y
+13.8%
ROE
19.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
291427589589
–+46.6%+38.0%minus 0.1%
260382524522
30.845.165.566.8
10.6%10.6%11.1%11.4%
−0.9−0.9−2−2.6
9.814.128.627.8
7.39.316.816.6
––−0.2−0
12.720.817.919.8
23.3%30.0%28.2%27.4%
9.814.612.914.4
–+49.3%minus 11.8%+11.9%
5.538.257.288.14

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
17.717.717.717.7
76.691.3103118
184378388358
3346.860.978.3
311533570572
162353339335
25.3––7.6
0.10.20.30.3
0.30.30.10.2
123180231229
311533570572

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
12.921.824.173
−25.1−200−3.4−11.9
8.5179−20.9−61
−3.80.1−0.20.1
−25.4−201−3.5−11.9
−12.5−17920.661.1
−0.9–−0.9–

Shareholding pattern

Source: NSE filings
68.5%
promoters
  • Promoters68.50%
  • Public31.50%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202668.50%31.50%0.00
30 Jun 202668.50%31.50%0.00
31 Mar 202668.50%31.50%0.00
31 Dec 202568.50%31.50%0.00
30 Sep 202568.50%31.50%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you