Axita Cotton Limited
NSE: AXITA · Other Textile Products · sector
₹7.16NSE close 2026-10-26
Key numbers
Market cap₹274 cr
Price₹7.16
52w high / low₹12 / ₹7
P/E76.5xSector median 13.7x
P/B4.2xSector median 1.1x
Book value₹1.7
Dividend yield–Sector median 0.51%
ROE6.1%Sector median 5.4%
ROCE9.3%Sector median 7.5%
OPM1.1%Sector median 6.6%
Debt / equity0.26xSector median 0.43x
EV/EBITDA92.4xSector median 9.6x
Interest cover3.8x
Current ratio3.38x
Sales growth 3y-12.5%Sector median +0.6%
Profit growth 3y-51.9%Sector median +1.1%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹25 cr vs borrowings ₹17 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 3.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 4 years (FY26, FY24, FY23).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 137% of net profit in the last 12 months.
- Dividend paid in 3 of the last 4 financial years.
- Price ₹7.16 on 2026-10-26: -41.3% from the 52-week high, +9.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹17.05 · low ₹7.16
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 130 | 228 | 140 | 157 | 63 | 89 | 61 | 58 |
| EBITDA | 1 | -2 | -3 | -0 | 0 | 5 | -4 | 2 |
| OPM % | 0.8% | -0.9% | -1.9% | -0.1% | 0.7% | 5.5% | -6.8% | 2.9% |
| Other income | 0 | 1 | 0 | 3 | 0 | 0 | 1 | 4 |
| Net profit | 1 | -1 | -2 | 2 | 0 | 3 | -2 | 4 |
| EPS (₹) | 0.02 | -0.03 | -0.05 | 0.05 | 0.00 | 0.06 | -0.06 | 0.09 |
| Revenue YoY | -51.3% | -60.8% | -56.4% | -62.8% | ||||
| Profit YoY | -93.7% | – | – | +123.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 553 | 1,102 | 653 | 370 | 272 |
| EBITDA | 19 | 27 | 2 | 1 | 3 |
| Net profit | 17 | 20 | 1 | 2 | 4 |
| EPS (₹) | 0.59 | 0.54 | 0.03 | 0.05 | 0.09 |
| Revenue growth | +99.4% | -40.8% | -43.3% | -58.4% | |
| Profit growth | +19.4% | -94.6% | +74.3% | – | |
| Dividend / share (₹) | 0.50 | 0.20 | 0.10 | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -12.5% | – | -58.4% |
| Net profit | -51.8% | – | – |
| EPS | -56.2% | – | – |
| Share price | – | -26.9% (2y) | -5.5% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 52 | 65 | 63 | 65 |
| Borrowings | 0 | 20 | 0 | 17 |
| Cash & equivalents | 9 | 6 | 14 | 25 |
| Total assets | 81 | 98 | 76 | 86 |
| Fixed assets | 10 | 9 | 5 | 3 |
| Capital work in progress | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 11 |
| Receivables | 44 | 38 | 32 | 17 |
| Inventory | 7 | 19 | 1 | 2 |
| Payables | 14 | 3 | 12 | 1 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 7 | -13 | 45 | 1 |
| Cash from investing | -1 | 1 | -11 | -11 |
| Cash from financing | -2 | 10 | -30 | 15 |
| Capex | 1 | 0 | 0 | 0 |
| Free cash flow | 6 | -14 | 45 | 1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 32.5% | 31.5% | 1.7% | 2.9% |
| ROCE % | 44.3% | 33.3% | 4.0% | 5.7% |
| Debtor days | 29 | 13 | 18 | 17 |
| Inventory days | 5 | 7 | 1 | 2 |
| Payable days | 10 | 1 | 7 | 1 |
| Cash conversion cycle (days) | 24 | 19 | 12 | 18 |
| Working capital days | 32 | 20 | 30 | 46 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 41.91% |
| FIIs | 6.64% |
| Public (non-institutions) | 51.45% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Feb 2026 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 41.93% | 41.93% | 41.92% | 41.92% | 41.93% | 41.93% | 41.91% | 41.91% |
| Promoter group | % |
|---|---|
| Nitinbhai Govindbhai Patel | 26.49% |
| Kushal Nitinbhai Patel | 10.42% |
| Gitaben Nitinbhai Patel | 3.33% |
| Amitkumar Govindbhai Patel | 1.54% |
| Pooja Kushal Patel | 0.10% |
| Gitaben Amitbhai Patel | 0.02% |
| Hemant Chandrakantbhai Patel | 0.00% |
| LATE Lilavati Chandrakant Patel | 0.00% |
| Pritiben Jitendrakumar Patel | 0.00% |
| Hinaben Bhupendrabhai Patel | 0.00% |
| Nalini Nayanbhai Patel | 0.00% |
| Jimit Amitbhai Patel | 0.00% |
| Riya Harshit Shah | 0.00% |
| Amitbhai Govindbhai Patel HUF | 0.00% |
| Nitinbhai Govindbhai Patel (HUF) | 0.00% |
| Public holders above 1% | % |
|---|---|
| M7 Global Fund Pcc - Nolana | 3.28% |
| Komalay Investrade Private Limited | 1.47% |
1,54,791 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| AXITA | ₹274 cr | 76.5x | 4.2x | 6.1% | 9.3% | 1.1% | -12.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Dividend - Re 0.05 Per Share |
| 2026-02-13 | Bonus | Bonus 1:10 |
| 2024-09-20 | Bonus | Bonus 1:3 |
| 2024-08-28 | Dividend | Dividend - Re 0.10 Per Share |
| 2023-12-22 | Bonus | Bonus 1:3 |
| 2023-11-17 | Dividend | Interim Dividend - Re 0.10 Per Share |
| 2023-11-13 | Dividend | Interim Dividend - Re 0.10 Per Share |
| 2023-06-02 | Buyback | Buy Back |
| 2022-10-21 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2022-09-19 | Dividend | Dividend - Rs 0.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | AXITA |
| BSE code | 542285 |
| ISIN | INE02EZ01022 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.