down arrow

Axita Cotton

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE02EZ01022
  • NSEID: AXITA
  • BSEID: 542285
INR
10.01
0.01 (0.1%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 12.05 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

10.0010.14

52 Week

9.6121.34
Valuation
Technical
Day's Volume

CASH

12.05 lacs (-44.97%) Volume

Shareholding (Dec 2024)

FII

1.80%

Held by 6 FIIs

DII

0.00%

Held by 1 DIIs

Promoter

41.93%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -23.99% of over the last 5 years

 
2

The company has declared negative results for the last 3 consecutive quarters

3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 348 Cr (Micro Cap)

stock-summary
P/E

48.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.75%

stock-summary
Debt Equity

-0.24

stock-summary
Return on Equity

10.49%

stock-summary
Price to Book

5.07

Revenue and Profits (1 Year):
Net Sales:
228 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.75%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-34.53%
0%
-34.53%
1 Year
-42.35%
0.58%
-41.77%
2 Years
-72.89%
0.49%
-72.4%
3 Years
37.26%
6.59%
43.85%
4 Years
537.42%
44.78%
582.2%
5 Years
428.69%
40.27%
468.96%

Latest dividend: 0.1 per share ex-dividend date: Aug-28-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
1.47%
EBIT Growth (5y)
-23.99%
EBIT to Interest (avg)
15.84
Debt to EBITDA (avg)
0.58
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
11.41
Tax Ratio
26.94%
Dividend Payout Ratio
12.83%
Pledged Shares
0
Institutional Holding
1.80%
ROCE (avg)
33.51%
ROE (avg)
53.43%
Valuation key factors
Factor
Value
P/E Ratio
48
Industry P/E
18
Price to Book Value
5.07
EV to EBIT
33.29
EV to EBITDA
29.52
EV to Capital Employed
6.33
EV to Sales
0.45
PEG Ratio
NA
Dividend Yield
0.75%
ROCE (Latest)
31.37%
ROE (Latest)
10.49%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 6 FIIs (1.8%)

Promoter with highest holding

Nitinbhai Govindbhai Patel (26.5%)

Highest Public shareholder

Craft Emerging Market Fund Pcc- Elite Capital Fund (1.09%)

Individual Investors Holdings

53.81%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 75.56% vs -16.16% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -293.65% vs -82.20% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "228.04",
          "val2": "129.89",
          "chgp": "75.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-2.76",
          "val2": "1.05",
          "chgp": "-362.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.15",
          "val2": "0.11",
          "chgp": "36.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.70",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.22",
          "val2": "0.63",
          "chgp": "-293.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1.21%",
          "val2": "0.81%",
          "chgp": "-2.02%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -53.81% vs 108.13% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -65.96% vs 81.75% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "284.82",
          "val2": "616.64",
          "chgp": "-53.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.74",
          "val2": "13.55",
          "chgp": "-50.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.56",
          "val2": "0.22",
          "chgp": "154.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.17",
          "val2": "12.25",
          "chgp": "-65.96%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.37%",
          "val2": "2.20%",
          "chgp": "0.17%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -41.85% vs 106.68% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -80.82% vs 34.44% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "512.86",
          "val2": "881.95",
          "chgp": "-41.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.98",
          "val2": "17.31",
          "chgp": "-77.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.71",
          "val2": "0.32",
          "chgp": "121.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.70",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.95",
          "val2": "15.38",
          "chgp": "-80.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.78%",
          "val2": "1.96%",
          "chgp": "-1.18%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 99.42% vs -32.84% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 19.37% vs 17.19% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,102.01",
          "val2": "552.60",
          "chgp": "99.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.99",
          "val2": "19.24",
          "chgp": "40.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.80",
          "val2": "0.34",
          "chgp": "135.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "20.34",
          "val2": "17.04",
          "chgp": "19.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.45%",
          "val2": "3.48%",
          "chgp": "-1.03%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
228.04
129.89
75.56%
Operating Profit (PBDIT) excl Other Income
-2.76
1.05
-362.86%
Interest
0.15
0.11
36.36%
Exceptional Items
0.70
0.00
Standalone Net Profit
-1.22
0.63
-293.65%
Operating Profit Margin (Excl OI)
-1.21%
0.81%
-2.02%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 75.56% vs -16.16% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -293.65% vs -82.20% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
284.82
616.64
-53.81%
Operating Profit (PBDIT) excl Other Income
6.74
13.55
-50.26%
Interest
0.56
0.22
154.55%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.17
12.25
-65.96%
Operating Profit Margin (Excl OI)
2.37%
2.20%
0.17%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -53.81% vs 108.13% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -65.96% vs 81.75% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
512.86
881.95
-41.85%
Operating Profit (PBDIT) excl Other Income
3.98
17.31
-77.01%
Interest
0.71
0.32
121.87%
Exceptional Items
0.70
0.00
Standalone Net Profit
2.95
15.38
-80.82%
Operating Profit Margin (Excl OI)
0.78%
1.96%
-1.18%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -41.85% vs 106.68% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -80.82% vs 34.44% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,102.01
552.60
99.42%
Operating Profit (PBDIT) excl Other Income
26.99
19.24
40.28%
Interest
0.80
0.34
135.29%
Exceptional Items
0.00
0.00
Standalone Net Profit
20.34
17.04
19.37%
Operating Profit Margin (Excl OI)
2.45%
3.48%
-1.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 99.42% vs -32.84% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 19.37% vs 17.19% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Axita Cotton Ltd stock-summary
stock-summary
Axita Cotton Ltd
Micro Cap
Textile
Axita Cotton Limited was incorporated as Private Limited Company with the name "Axita Cotton Private Limited" at Ahmedabad on July 16, 2013. Consequent up on the conversion of the Company from Private Limited Company to Public Limited Company, the name of the Company was changed to "Axita Cotton Limited" on October 15, 2018. The Company is engaged in the business of manufacturing, trading, processing and finishing of cotton bales. Before incorporating the company, the Promoters, Mr.
Company Coordinates stock-summary
Company Details
Survey No 324,357,358, Kadi Thol Road Borisana Kadi Mahesana Gujarat : 382715
stock-summary
Tel: 91-63587 47514
stock-summary
http://www.axitacotton.com
stock-summary
cs@axitacotton.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."