Lagnam Spintex Limited Share Price and Company Fundamentals



Price
₹72.85
Change
-0.050 (-0.069%)
52 week
24.4 - 111.8

Last traded: Today at 9:59 AM

Lagnam Spintex Limited manufactures and sells cotton yarns in India. Its products are used in various applications, such as denims, terry towels, home textiles, bottom wears, sheetings, sweaters, socks, weaving and knitting, industrial fabrics, etc. The company exports its products to Portugal, Italy, Germany, Turkey, Egypt, Belgium, South Africa, Slovania, Columbia, China, Pakistan, Bangladesh, South Korea, Peru, Guatemala, and other countries. Lagnam Spintex Limited was incorporated in 2010 and is based in Bhilwara, India.

Key Metrics

PE ratio

17.27

PB ratio

-

Dividend yield

1.37%

Beta

0.74

Market cap

-

Enterprise value

-

Company profile

Industry / SectorTextile Manufacturing / Consumer Cyclical
Websitehttps://www.lagnamspintex.com
Mailing addressA 51- 53, RIICO Growth Centre Hamirgarh Bhilwara 311001 India
Phone / Fax91 91 1642 0111 /

Dividends

Dividend yield

1.37%

Dividend amount

₹1.00

Payout ratio

6.13%

Lagnam Spintex Limited paid ₹1.00 dividend and the ex-dividend date was 20 June 2022.The dividend payout ratio is 6.13%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LAGNAM dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

LAGNAM's forward dividend amount is ₹1.5 and the forward dividend yield is 2.06%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Lagnam Spintex Limited.

NameTitleAgeTotal Pay
Mr. Dwarka Prasad MangalPromoter & Chairman73
Mr. Anand MangalMD, Promoter & Exec. Director39
Mr. Devi Lal MundraChief Financial Officer60
Mr. Rajeev ParasharCompany Sec. & Compliance Officer28
Mr. Shubh MangalPromoter & Exec. Director44

Profitability and management effectiveness

Profit margin

8.27%

Operating margin

14.61%

Return on assets

12.02%

Return on equity

39.93%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Lagnam Spintex Limited is and its enterprise value is .

The LAGNAM's stocks Beta value is 0.74 making it 26% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Lagnam Spintex Limited (NSE:LAGNAM) Frequently Asked Questions

1. What is Lagnam Spintex Limited's Stock Symbol?

Lagnam Spintex Limited trades on NSE under the ticker symbol "LAGNAM".

2. What is Lagnam Spintex Limited's stock price today?

One share of LAGNAM stock can currently be purchased for approximately ₹72.85.

3. How can I contact Lagnam Spintex Limited?

Lagnam Spintex Limited's mailing address is A 51- 53, RIICO Growth Centre Hamirgarh Bhilwara 311001 India. The company can be reached via phone at 91 91 1642 0111.

4. What is Lagnam Spintex Limited's official website?

The official website of Lagnam Spintex Limited is https://www.lagnamspintex.com.