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Laxmi Cotspin Ltd logo

Laxmi Cotspin Ltd

NSE: LAXMICOT BSE: 538411

₹13.69

(1.72%)

Tue, 02 Jun 2026, 06:22 pm

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Laxmi Cotspin Analysis

dividend

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Pros

  • Dividends paid are well covered by earnings (2.5x coverage).
  • Laxmi Cotspin's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Laxmi Cotspin's dividend is above the markets top 25% of dividend payers in India (3.08%).
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Cons

  • Laxmi Cotspin has only been paying a dividend for 2 years, and since then there has been no growth.
  • Whilst dividend payments have been stable, Laxmi Cotspin has been paying a dividend for less than 10 years.

health

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Pros

  • Laxmi Cotspin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Laxmi Cotspin is profitable, therefore cash runway is not a concern.
  • Laxmi Cotspin is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (37.4%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 1.6x debt.
  • Laxmi Cotspin's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (98.8% vs 79.9% today).
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Cons

  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
  • Laxmi Cotspin's level of debt (79.9%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the Laxmi Cotspin board of directors is about average.
  • Sanjay's remuneration is about average for companies of similar size in India.
  • Sanjay's compensation has been consistent with company performance over the past year, both up more than 20%.
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Cons

    misc

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    Pros

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      Cons

      • Laxmi Cotspin is not covered by any analysts.
      • Laxmi Cotspin's last earnings update was 216 days ago.
      • Laxmi Cotspin has significant price volatility in the past 3 months.

      past

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      Pros

      • Laxmi Cotspin's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
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      Cons

      • Laxmi Cotspin's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • Laxmi Cotspin used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
      • Laxmi Cotspin's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Laxmi Cotspin has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • Laxmi Cotspin's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.

      value

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      Pros

      • Laxmi Cotspin's share price is below the future cash flow value, and at a moderate discount (> 20%).
      • Laxmi Cotspin's share price is below the future cash flow value, and at a substantial discount (> 40%).
      • Laxmi Cotspin is good value based on assets compared to the IN Luxury industry average.
      • Laxmi Cotspin is good value based on earnings compared to the IN Luxury industry average.
      • Laxmi Cotspin is good value based on earnings compared to the India market.
      • NSEI:LAXMICOT is up 56.3% outperforming the Luxury industry which returned 9.8% over the past month.
      • NSEI:LAXMICOT is up 56.3% outperforming the market in India which returned 8% over the past month.
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      Cons

      • LAXMICOT underperformed the Luxury industry which returned -22.1% over the past year.
      • LAXMICOT underperformed the Market in India which returned -14.5% over the past year.