Axita Cotton Ltd
AXITAAxita Cotton Ltd
AXITA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 6.69 | 0.60% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 37.56 | 6.54 | 0.75% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Axita Cotton Limited is an India-based company, which is engaged in the activities of manufacturing, processing and finishing of cotton bales. The Company is engaged in the production and export of BCI cotton.
Peers
Compare with peersVedant Fashions Ltd
KPR Mill Ltd
Aditya Birla Real Estate Ltd
Swan Energy Ltd
Trident Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 68.76 | 91.52 | 123.94 | 213.49 | 484.54 | 618.94 | 830.46 | 549.74 | 1,104.38 | — | ||||||||||
Raw Materials | 66.48 | 89.39 | 115.44 | 206.50 | 455.69 | 528.26 | 758.01 | 507.88 | 1,070.02 | — | ||||||||||
| Power & Fuel Cost | 0.39 | 0.37 | 0.63 | 0.53 | 0.71 | 0.67 | 0.19 | 0.25 | 0.20 | |||||||||||
| Employee Cost | 0.15 | 0.24 | 0.42 | 0.70 | 1.19 | 1.24 | 2.10 | 3.19 | 2.22 | |||||||||||
| Selling & Administrative Expenses | 1.07 | 1.72 | 1.74 | 2.37 | 6.40 | 31.45 | 5.90 | 1.20 | 1.37 | |||||||||||
| Operating & Other expenses | -1.26 | -1.93 | 2.22 | 0.34 | 16.53 | 48.09 | 41.77 | 12.79 | 1.21 | |||||||||||
EBITDA | 1.93 | 1.73 | 3.49 | 3.05 | 4.02 | 9.23 | 22.49 | 24.43 | 29.36 | — | ||||||||||
| Depreciation/Amortization | 0.66 | 0.54 | 0.43 | 0.57 | 0.53 | 0.44 | 0.50 | 1.06 | 1.27 | — | ||||||||||
| PBIT | 1.27 | 1.19 | 3.06 | 2.48 | 3.49 | 8.79 | 21.99 | 23.37 | 28.09 | — | ||||||||||
| Interest & Other Items | 1.17 | 1.17 | 1.95 | 1.80 | 2.95 | 3.35 | 1.68 | 0.52 | 0.81 | — | ||||||||||
| PBT | 0.10 | 0.02 | 1.11 | 0.68 | 0.54 | 5.44 | 20.31 | 22.85 | 27.28 | — | ||||||||||
| Taxes & Other Items | -0.02 | -0.01 | -0.04 | 0.22 | 0.19 | 1.71 | 4.90 | 5.83 | 6.96 | — | ||||||||||
| Net Income | 0.12 | 0.03 | 1.15 | 0.46 | 0.35 | 3.73 | 15.41 | 17.02 | 20.32 | — | ||||||||||
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.58 | — | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.06 | 0.08 | — | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.13 | 1.08 | 0.13 | — |
Company Updates
Peers & Comparison
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Axita Cotton Ltd | 21.26 | 6.69 | 0.60% |
| Vedant Fashions Ltd | 80.28 | 20.76 | 0.62% |
| KPR Mill Ltd | 39.66 | 7.33 | 0.54% |
| Aditya Birla Real Estate Ltd | 555.90 | 6.86 | 0.20% |
Price Comparison
Compare AXITA with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 20.84%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 14.79%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.44%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 28, 2024
Dividend/Share
₹0.10
Ex DateEx Date
Aug 28, 2024
Cash Dividend
Ex DateEx DateNov 17, 2023
Dividend/Share
₹0.10
Ex DateEx Date
Nov 17, 2023
Cash Dividend
Ex DateEx DateSep 19, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Sep 19, 2022
Net profit of Axita Cotton declined 90.32% to Rs 0.63 crore in the quarter ended September 2024 as against Rs 6.51 crore during the previous quarter ended September 2023. Sales declined 66.52% to Rs 129.89 crore in the quarter ended September 2024 as against Rs 387.92 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales129.89387.92 -67 OPM %0.822.18 - PBDT0.979.07 -89 PBT0.658.77 -93 NP0.636.51 -90 Powered by Capital Market - Live
Axita Cotton will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Net profit of Axita Cotton declined 38.43% to Rs 3.54 crore in the quarter ended June 2024 as against Rs 5.75 crore during the previous quarter ended June 2023. Sales declined 32.01% to Rs 154.93 crore in the quarter ended June 2024 as against Rs 227.87 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales154.93227.87 -32 OPM %3.683.08 - PBDT5.297.92 -33 PBT4.967.62 -35 NP3.545.75 -38 Powered by Capital Market - Live
Fiberweb (India) Ltd leads gainers in ‘B’ group
Axita Cotton will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live
Agri-Tech (India) Ltd leads gainers in ‘B’ group
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 38.91%, vs industry avg of 2.95%
Increasing Market Share
Over the last 5 years, market share increased from 0.15% to 0.64%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 113.32%, vs industry avg of -9.64%