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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, steadily growing business, reasonably priced.
LAGNAM SPINTEX LIMITED is scored on the general / industrial framework. It keeps a thin 2.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 5.07× reported profit. It throws off free cash worth 40.4% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 26%/yr and profit at 14%/yr. Book value has grown 13%/yr. Return on equity is a healthy 17.5%. In the latest quarter profit grew 39% versus the prior quarter.
At 11× earnings, the stock sits at the 31st percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-9%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 5.79 | — | — |
| P/B | 1.01 | 2.3 | better |
| EV/EBITDA | 6.55 | 8.84 | better |
| ROE | 17.46 | 10.86 | better |
| ROCE | 12.21 | 5.77 | better |
| ROA | 4.15 | — | — |
| Quick Ratio | 0.52 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
Revenue is on a 2-year growth streak. 26% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (26% vs 14%) — costs are rising faster than the top line.
Operating margins have been stable around 3% — no major structural shift.
ROE at 11% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
14% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 5.1× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating.
Profit jumped 39% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (2% → 5%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 68.5% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.