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Axita Cotton share price

Axita Cotton Ltd.

NSE: AXITA BSE: 542285 SECTOR: Textile  82k   358   27

22.71
0 0
BSE: 19 Apr 04:00 PM

Price Summary

Today's High

₹ 23

Today's Low

₹ 22.41

52 Week High

₹ 62.25

52 Week Low

₹ 18.53

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

592.45 Cr.

Enterprise Value

583.58 Cr.

No. of Shares

26.09 Cr.

P/E

28.24

P/B

8.73

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.6

CASH

8.88 Cr.

DEBT

0 Cr.

Promoter Holding

62.77 %

EPS (TTM)

₹  0.8

Sales Growth

-32.42%

ROE

38.44 %

ROCE

52.38%

Profit Growth

10.53 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-32.42%
3 Year4.49%
5 Year34.99%

Profit Growth

1 Year10.53%
3 Year264%
5 Year71.2%

ROE%

1 Year38.44%
3 Year36.74%
5 Year23.29%

ROCE %

1 Year52.38%
3 Year46.38%
5 Year31.8%

Debt/Equity

0

Price to Cash Flow

81.65

Interest Cover Ratio

65.3932394366197

CFO/PAT (5 Yr. Avg.)

0.409992299257512

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 62.77 0
Dec 2023 64.77 0
Sep 2023 69.97 0
Jun 2023 69.97 0
Mar 2023 69.65 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 263.996593795791% for the Past 3 years.
  • Company has been maintaining healthy ROE of 36.7397101036432% over the past 3 years.
  • Company has been maintaining healthy ROCE of 46.3849112643911% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 65.3932394366197.
  • The company has an efficient Cash Conversion Cycle of 13.6596813617968 days.
  • Company has a healthy liquidity position with current ratio of 3.15910920671271.
  • The company has a high promoter holding of 62.77%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.32551262877804.

 Limitations

  • The company has shown a poor revenue growth of 4.48773903612667% for the Past 3 years.
  • The company has a low EBITDA margin of 1.65808682214381% over the past 5 years.
  • The company is trading at a high PE of 28.24.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 130.45 125.88 227.87 388.78 266.09
Total Expenditure 124.75 120.95 220.86 382.23 262.81
Operating Profit 5.7 4.93 7.01 6.54 3.28
Other Income 0.94 2.79 1.02 2.64 1.36
Interest 0.12 -0.07 0.12 0.11 0.1
Depreciation 0.32 0.33 0.3 0.3 0.31
Exceptional Items 0 0 0 0 0
Profit Before Tax 6.2 7.46 7.62 8.77 4.23
Tax 1.5 1.86 1.87 2.26 1.09
Profit After Tax 4.7 5.6 5.75 6.51 3.13
Adjusted EPS (Rs) 0.18 0.21 0.22 0.25 0.12

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 213.44 484.41 618.79 817.67 552.6
Total Expenditure 210.55 480.55 609.71 807.97 533.35
Operating Profit 2.89 3.87 9.08 9.71 19.26
Other Income 0.17 0.15 0.15 12.79 5.02
Interest 1.8 2.95 3.35 1.68 0.36
Depreciation 0.56 0.53 0.44 0.5 1.06
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.69 0.54 5.44 20.32 22.86
Tax 0.23 0.18 1.71 4.9 5.82
Net Profit 0.46 0.35 3.73 15.41 17.04
Adjusted EPS (Rs.) 0.02 0.01 0.14 0.59 0.65

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 6.55 13.1 13.1 19.66 19.66
Total Reserves 11.25 4.98 8.72 16.61 32.71
Borrowings 0.35 0 0.89 0 0
Other N/C liabilities -0.07 -0.09 0.21 -0.03 5.84
Current liabilities 20.13 46.23 84.31 72.51 22.36
Total Liabilities 38.21 64.22 107.23 108.74 80.57
Assets
Net Block 3.81 3.4 3.21 3.2 9.82
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0 0 0 0.71 0.12
Other N/C Assets 0.07 0 0 0 0
Current Assets 34.34 60.82 104.02 104.83 70.63
Total Assets 38.21 64.22 107.23 108.74 80.57
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.69 0.54 5.44 20.32 22.86
Adjustment 2.35 7.72 24.82 0.12 1.14
Changes in Assets & Liabilities -13.52 -2.09 -26.27 -6.25 -9.34
Tax Paid -0.59 -0.21 -0.17 -4.8 -7.41
Operating Cash Flow -11.19 5.89 3.82 9.39 7.26
Investing Cash Flow -0.17 -0.11 -0.25 -0.14 -1.06
Financing Cash Flow 11.49 -3.3 -2.4 -15.58 -1.62
Net Cash Flow 0.13 2.48 1.18 -6.33 4.59

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 69.65 69.97 69.97 64.77 62.77
amitkumar govindbhai pate... 1.53 1.54 1.54 1.54 1.54
gitaben amitbhai patel 0.02 0.02 0.02 0.02 0.02
gitaben nitinbhai patel 3.32 3.33 3.33 3.33 3.33
kushal nitinbhai patel 29.03 29.16 29.16 25.06 23.06
nitinbhai govindbhai pate... 35.64 35.80 35.80 34.71 34.71
pooja kushal patel 0.10 0.10 0.10 0.10 0.10
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 30.35 30.03 30.03 35.23 37.23
llp 2.00 0.23 0.04 0.09 0.02
ag dynamic funds limited 5.66 - 1.33 - -
nav capital vcc - nav cap... 1.77 - 3.31 - -
social certification serv... 2.65 2.13 2.21 - -
veena rajesh shah - - 1.04 - -
nexpact limited 4.98 2.18 - - -
kratos impex limited 2.44 - - - -
pdst industries llp 2.00 - - - -
wonderland suppliers priv... 1.02 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ3FY23 17 Feb 2023

Company News

Axita Cotton informs about newspaper publication26 Feb 2024, 12:18PM Axita Cotton informs about newspaper publication20 Jan 2024, 3:50PM Axita Cotton - Quaterly Results19 Jan 2024, 5:53PM Axita Cotton - Quaterly Results19 Jan 2024, 5:53PM Axita Cotton - Quaterly Results19 Jan 2024, 5:53PM Axita Cotton informs about disclosure26 Dec 2023, 2:41PM Axita Cotton informs about disclosure11 Dec 2023, 5:18PM Axita Cotton informs about clarification11 Dec 2023, 3:04PM Axita Cotton informs about EGM24 Nov 2023, 3:03PM Axita Cotton secures orders worth Rs 89.22 crore23 Nov 2023, 10:07AM Axita Cotton informs about newspaper publication6 Nov 2023, 1:15PM Axita Cotton - Quaterly Results3 Nov 2023, 8:02PM Axita Cotton - Quaterly Results3 Nov 2023, 8:02PM Axita Cotton - Quaterly Results8 Aug 2023, 6:40PM Axita Cotton - Quaterly Results8 Aug 2023, 6:40PM Axita Cotton - Quaterly Results28 Apr 2023, 6:21PM Axita Cotton - Quaterly Results28 Apr 2023, 6:21PM Axita Cotton - Quaterly Results28 Apr 2023, 6:21PM Axita Cotton informs about award of order5 Apr 2023, 5:21PM Axita Cotton bags orders worth $3.28 million from Bangladesh5 Apr 2023, 4:44PM Axita Cotton informs about award of order14 Mar 2023, 12:57PM Axita Cotton bags contract for Indian Raw Cotton14 Mar 2023, 10:47AM Axita Cotton informs about order 11 Mar 2023, 10:53AM Axita Cotton informs about disclosure14 Feb 2023, 2:48PM Axita Cotton - Quaterly Results28 Jan 2023, 4:55PM Axita Cotton - Quaterly Results28 Jan 2023, 4:55PM Axita Cotton - Quaterly Results28 Jan 2023, 4:55PM Axita Cotton informs about certificate12 Jan 2023, 4:50PM Axita Cotton informs about closure of trading window31 Dec 2022, 12:02PM Axita Cotton informs about disclosure 7 Dec 2022, 5:05PM Axita Cotton informs about clarification on price movement5 Dec 2022, 4:52PM Axita Cotton informs about disclosure5 Dec 2022, 12:09PM Axita Cotton informs about disclosure5 Dec 2022, 12:07PM Axita Cotton informs about disclosure 5 Dec 2022, 10:40AM Axita Cotton informs about disclosure3 Dec 2022, 11:25AM Axita Cotton informs about disclosure 2 Dec 2022, 4:50PM Axita Cotton informs about disclosure 2 Dec 2022, 11:06AM Axita Cotton informs about disclosure1 Dec 2022, 12:46PM Axita Cotton informs about disclosure30 Nov 2022, 4:11PM Axita Cotton informs about disclosure 29 Nov 2022, 5:08PM Axita Cotton informs about disclosure 28 Nov 2022, 5:13PM Axita Cotton informs about disclosures 26 Nov 2022, 12:35PM Axita Cotton informs about disclosure25 Nov 2022, 11:03AM Axita Cotton informs about disclosure23 Nov 2022, 2:01PM Axita Cotton informs about disclosure 23 Nov 2022, 11:01AM Axita Cotton informs about press release16 Nov 2022, 2:56PM Axita Cotton - Quaterly Results14 Nov 2022, 6:26PM Axita Cotton - Quaterly Results14 Nov 2022, 6:26PM Axita Cotton informs about trading window closure30 Sep 2022, 3:08PM Axita Cotton - Quaterly Results12 Aug 2022, 8:33PM

Axita Cotton Stock Price Analysis and Quick Research Report. Is Axita Cotton an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Axita Cotton has a PE ratio of 28.0989680467487 which is high and comparatively overvalued .

  • Share Price: - The current share price of Axita Cotton is Rs 22.6. One can use valuation calculators of ticker to know if Axita Cotton share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Axita Cotton has ROA of 17.9975669112609 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Axita Cotton has a Current ratio of 3.15910920671271 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Axita Cotton has a ROE of 38.4394772232903 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Axita Cotton has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Axita Cotton has an Inventory turnover ratio of 94.2573899397888 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Axita Cotton has reported revenue growth of -32.4177860907801 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Axita Cotton for the current financial year is 3.48458241615859 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Axita Cotton is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Axita Cotton
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