Axita Cotton

Axita_Cotton26 Apr 2024

Textiles

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-0.25 (-1.06%)

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Axita Cotton

Textiles

Axita_Cotton26 Apr 2024

₹

-0.25 (-1.06%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date	Ratio
12-Aug-2022	S	Board approved: Approved Sub-Division/Split of existing (One) equity Shares of face value of 10/- each fully paid up into 10 (Ten) equity shares of 1/- each fully paid up, subject to the approval of shareholders of the Company. The Record Date for the purpose of Sub-division/Split of equity shares will be intimated in due course, Further Other requisite details regarding Sub-division/Split of equity shares in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed. Axita Cotton Limited has informed the Exchange about Board Meeting held on 12-Aug-2022 to consider Split of shares. Trading Members of the Exchange are hereby informed that Axita Cotton Limited, has fixed Record Date for the purpose of Sub-Division of Equity Shares of the Company :- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Axita Cotton Limited (542285) RECORD DATE 21.10.2022 PURPOSE Subdivision of existing Equity Shares from One Equity Share of Rs. 10/- each into Ten Equity Shares of Re. 1/- each. SUB-DIVIDED PAID-UP VALUE Re. 1/- SUB-DIVIDED PAID-UP VALUE W.E.F. 21/10/2022 DR-640/2022-2023 Note:- i. ISIN No. INE02EZ01014 of Rs. 10/- paid up will not be valid for transactions done on the Exchange on or after 21/10/2022. ii. The new ISIN Number for Re. 1/- paid up will be informed to the market by a separate notice. (As Per BSE Notice Dated on 12.10.2022) Sub: Change in ISIN - Axita Cotton Limited (AXITA) Members of the Exchange are hereby informed that the ISIN Code for the equity shares of the following company shall be changed w.e.f. Oct 21, 2022. Symbol AXITA Company Name Axita Cotton Limited New ISIN INE02EZ01022 Remarks Sub-Division from Rs. 10/- to Re. 1/- The new ISIN shall be effective for all trades done on and from the Ex-date date i.e., October 21, 2022. For and on behalf of National Stock Exchange of India Limited (As Per NSE circular Dated on 17.10.2022) In Continuation of Notice No. 20221012-12 dated October 12,2022, Trading Members of the Exchange are hereby informed that the New ISIN number for the Sub-divided Equity Shares of the Company will be as under: - Company Name & Scrip Code Axita Cotton Limited (542285) New ISIN No. INE02EZ01022 Remarks Sub-division of equity shares from Rs.10/- to Re.1/- The new ISIN number given above, for Equity Shares of Re.1/- each of the company shall be effective for trades done on and from the Ex-Date i.e. 21-10-2022 (DR-640/2022-2023). (As Per BSE Notice Dated on 18.10.2022)	21-Oct-2022
03-Nov-2023	D	Board approved:- 1. Declaration of Interim Dividend for the Financial Year 2023-24 and Record Date Pursuant to Regulation 30, 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors had declared an interim dividend of Rs. 0.10/- per equity share (representing 10%) of Re.1/- each fully paid up for the financial year 2023-24 and the said interim dividend will be paid on or before December 03, 2023. This is with reference to intimation of revised Record Date i.e. November 17, 2023, for the entitlement of Members of the Company for the purpose of payment of Interim Dividend declared at the Meeting if the Board of Director on November 03, for the Financial Year 2023-2024. (As Per BSE Announcement dated on 09.11.2023)	17-Nov-2023
25-Apr-2022	D	The Board of Directors of the Company at their meeting held today i.e. Monday, April 25, 2022, have, inter alia, considered and approved the following: Recommended the Dividend of 0.50/- per equity shares of 10/- each as final divided for the financial year 2021-22, subject to the approval of shareholders in the ensuing Annual General Meeting of the Company.	19-Sep-2022
13-Dec-2023	B	1:3 Bonus Issue of Equity Shares Trading Members of the Exchange are hereby informed that, AXITA COTTON LIMITED.has fixed Record Date for the purpose of Bonus Issue of the Equity Shares of the Company. The transactions in the Equity Shares of the Company would be on an Ex-Bonus basis with effect from the under mentioned date :- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE AXITA COTTON LIMITED. (542285) RECORD DATE 25/12/2023 PURPOSE Issue of 1 (One) Bonus Equity Share of Re.1/- each for every 3 (Three) existing Equity Shares of Re.1/- each held. Ex-Bonus basis from Date & Sett. No. 22/12/2023 DR-681/2023-2024 (As Per BSE Notice Dated on 20.12.2023)	25-Dec-2023	1:3
31-Dec-2021	B	1:2 Bonus Issue of Equity Shares Trading Members of the Exchange are hereby informed that, Axita Cotton Limited has fixed the record date for the purpose of Bonus Issue. The transactions in the equity shares of the company would be on an ex-bonus basis with effect from the under mentioned date. DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Axita Cotton Limited (542285) RECORD DATE 12.01.2022 PURPOSE Issue of 01 (One) Bonus equity shares of Rs.10/- each for every 02 (Two) existing equity share of Rs.10/- each held. Ex-Bonus basis from Date & Sett. No. 11/01/2022 DR-196/2021-2022 Trading Members are requested to note the change in the market lot of Axita Cotton Limited (542285) pursuant to the Bonus Issue of equity shares as given below, which will be effective from Tuesday, January 11, 2022: Scrip Code 542285 Scrip Name Axita Cotton Limited Current Market Lot 2000 Revised Market Lot 3000 (As Per BSE Notice Dated on 04.01.2022)	12-Jan-2022	1:2
16-Dec-2019	B	1:1 Bonus Issue of Equity Shares SUB. : - Bonus issue of Axita Cotton Limited (Scrip Code: 542285) Trading Members of the Exchange are hereby informed that, Axita Cotton Limited has fixed the record date for the purpose of Bonus Issue. The transactions in the equity shares of the company would be on an ex-bonus basis with effect from the under mentioned date : DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Axita Cotton Limited (542285) RECORD DATE 27/12/2019 PURPOSE Issue of 1 (One) Bonus equity share of Rs.10/- each for every 1 (One) existing equity share of Rs.10/- each held. Ex-Bonus basis from Date & Sett. No. 26/12/2019 DR-182/2019-2020 Trading Members are requested to note the change in the market lot of Axita Cotton Limited (542285) pursuant to the Bonus Issue of equity shares as given below, which will be effective from Thursday, December 26, 2019: Scrip Code 542285 Scrip Name Axita Cotton Limited Current Market Lot 2000 Revised Market Lot 4000 (As Per BSE Notice Dated on 19.12.2019)	27-Dec-2019	1:1
16-Apr-2024	BC	Axita Cotton Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2024 inter alia to consider and approve the approval of financial result for the quart	23-Apr-2024
23-Apr-2024	BC	Subject: Outcome of Board Meeting held today i.e. Tuesday, April 23, 2024. Considered and approved the Appointment of Mr. Nilesh Hasmukhbhai Kothari (DIN: 10587794) as an Additional Executive Di	23-Apr-2024
03-Nov-2023	BC	Board approved:- 1. Declaration of Interim Dividend for the Financial Year 2023-24 and Record Date Pursuant to Regulation 30, 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Re	31-Mar-2024
23-Apr-2024	BC	Recommended the final Dividend of RS. 0.10/- per equity shares of Rs. 1/- each as final divided for the financial year 2023-2024, subject to the approval of shareholders in the ensuing Annual General	31-Mar-2024
23-Feb-2024	BC	Submission of Notice of Postal Ballot. Pursuant to the Regulation 47 of SEBI (LODR) Regulation, 2015, please find attached copies of newspaper advertisements pertaining to the Notice of Postal Bal	26-Mar-2024

No Rights has been declared by Axita_Cotton

Book Closure

Record Date	Split Date	Purpose
23-Apr-2024	-	Axita Cotton Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2024 inter alia to consider and approve the approval of financial result for the quart
23-Apr-2024	-	Subject: Outcome of Board Meeting held today i.e. Tuesday, April 23, 2024. Considered and approved the Appointment of Mr. Nilesh Hasmukhbhai Kothari (DIN: 10587794) as an Additional Executive Di
31-Mar-2024	-	Board approved:- 1. Declaration of Interim Dividend for the Financial Year 2023-24 and Record Date Pursuant to Regulation 30, 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Re
31-Mar-2024	-	Recommended the final Dividend of RS. 0.10/- per equity shares of Rs. 1/- each as final divided for the financial year 2023-2024, subject to the approval of shareholders in the ensuing Annual General
26-Mar-2024	01 Jan'1900	Submission of Notice of Postal Ballot. Pursuant to the Regulation 47 of SEBI (LODR) Regulation, 2015, please find attached copies of newspaper advertisements pertaining to the Notice of Postal Bal

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Axita Cotton Ltd ₹23.34(-0.25/-1.06%)	23.34	-0.25	608.89	-60.71	29.92	9.43
Arvind Ltd ₹314.15(-7.05/-2.19%)	314.15	-7.05	8,219.12	219.23	27.22	2.50
Bombay Dyeing & Manufacturing Company Ltd ₹167.75(-1.75/-1.03%)	167.75	-1.75	3,464.62	86.26	0.00	-2.59
Grasim Industries Ltd ₹2,345.40(-24.05/-1.02%)	2,345.40	-24.05	156,870.10	38.90	104.38	3.10
Century Enka Ltd ₹462.30(-1.15/-0.25%)	462.30	-1.15	1,010.13	21.02	25.17	0.76
Garware Technical Fibres Ltd ₹3,258.00(-18.10/-0.55%)	3,258.00	-18.10	6,639.21	12.32	35.94	5.90

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
Gross Sales	221.03	265.31	388.72	227.87	122.13	130.45
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	221.03	265.31	388.72	227.87	122.13	130.45
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	0.28	0.89	1.73	1.02	0.45	0.94
Total Income	221.31	266.19	390.45	228.89	122.58	131.39
Total Expenditure	213.80	261.55	381.27	220.86	114.70	124.75
PBIDT	7.51	4.64	9.18	8.03	7.88	6.63
Interest	0.48	0.10	0.11	0.12	0.11	0.12
PBDT	7.04	4.54	9.07	7.91	7.78	6.52
Depreciation	0.35	0.31	0.30	0.30	0.32	0.32
Tax	1.68	1.12	2.29	1.90	1.87	1.50
Deferred Tax	0.06	-0.02	-0.03	-0.03	-0.01	0.01
Reported Profit After Tax	4.95	3.13	6.51	5.75	5.60	4.70
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	4.95	3.13	6.51	5.75	5.60	4.70

EPS (Unit Curr.)	0.19	0.13	0.33	0.29	0.28	0.24
EPS (Adj) (Unit Curr.)	0.19	0.13	0.25	0.22	0.21	0.18
Calculated EPS (Unit Curr.)	0.19	0.12	0.33	0.29	0.28	0.24
Calculated EPS (Adj) (Unit Curr.)	0.19	0.12	0.25	0.22	0.21	0.18
Calculated EPS (Ann.) (Unit Curr.)	0.76	0.48	1.33	1.17	1.14	0.96
Calculated EPS (Adj) (Ann.) (Unit Curr.)	0.76	0.48	1.00	0.88	0.86	0.72
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	26.09	26.09	19.57	19.57	19.66	19.66
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	1.00	1.00	1.00	1.00	1.00	1.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	3.40	1.75	2.36	3.52	6.45	5.08
PBDTM(%)	3.19	1.71	2.33	3.47	6.37	5.00
PATM(%)	2.24	1.18	1.67	2.52	4.59	3.60

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	19.66	19.66	13.10	13.10	6.55	2.50
Reserves Total	32.71	16.61	8.72	4.98	11.25	1.34
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	52.37	36.27	21.82	18.08	17.80	3.84
Secured Loans	0.00	0.00	12.19	12.08	12.76	11.46
Unsecured Loans	6.02	0.00	1.76	2.45	2.67	5.50
Total Debt	6.02	0.00	13.95	14.53	15.43	16.96
Total Liabilities	58.39	36.27	35.77	32.61	33.23	20.80
APPLICATION OF FUNDS :
Gross Block	13.85	6.17	5.65	5.44	5.31	5.13
Less : Accumulated Depreciation	4.03	2.98	2.44	2.04	1.51	0.94
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	9.82	3.19	3.21	3.40	3.80	4.19
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	0.00	0.00	0.00	0.00	0.00	0.00
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	6.96	4.76	8.01	5.41	9.91	6.30
Sundry Debtors	44.15	73.03	71.07	40.76	10.44	10.66
Cash and Bank	8.88	3.55	9.87	3.06	0.59	0.46
Loans and Advances	10.64	23.50	15.06	11.59	13.39	0.95
Total Current Assets	70.63	104.84	104.02	60.82	34.33	18.37
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	21.55	70.77	48.76	27.37	3.95	1.50
Provisions	0.39	1.74	22.49	4.33	1.09	0.37
Total Current Liabilities	21.94	72.51	71.24	31.70	5.05	1.87
Net Current Assets	48.69	32.33	32.78	29.12	29.29	16.50
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	0.24	0.03	0.00	0.09	0.07	0.04
Deferred Tax Liability	0.00	0.00	0.21	0.00	0.00	0.00
Net Deferred Tax	0.24	0.03	-0.21	0.09	0.07	0.04
Total Assets	58.75	35.56	35.78	32.61	33.17	20.72
Contingent Liabilities	0.00	1.29	39.41	57.28	0.00	0.00

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	3.55	9.88	8.70	0.59	0.46
Net Cash from Operating Activities	7.26	9.39	3.82	5.89	-11.06
Net Cash Used In Investing Activities	-1.06	-0.14	-0.25	-0.11	-0.17
Net Cash Used In Financing Activities	-1.62	-15.58	-2.40	-3.30	11.36
Net Inc./Dec In Cash And Cash Equivalents	4.59	-6.33	1.18	2.48	0.13
Cash And Cash Equivalents At End Of The Year	8.13	3.55	9.87	3.06	0.59

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

62.77%

FII Shareholding

0.47%

DII Shareholding

0.00%

Public Shareholding

36.76%

**Promoter pledged shareholding 62.77%

About Axita Cotton Ltd

Axita Cotton Ltd is in the Textiles sector, having a market capitalization of Rs. 608.89 crores. It has reported a sales of Rs. 221.03 crores and a net profit of Rs. 4.95 crores for the quarter ended December 2018. The company management includes Nitinbhai Govindbhai Patel, Nitinbhai Govindbhai Patel,Kushal Nitinbhai Patel,Kunjal Jayantkumar Soni,Vinod Rana,Apeksha Vyas,Dixit Dipakkumar Shah,Shyamsundar (Axita Cotton Ltd) among others.

Chairman

Nitinbhai Govindbhai Patel

Registered office

Survey No 324,357,358,Kadi Thol Road Borisana Kadi,Mahesana,Gujarat,382715

FAX :

Background

Incorporation Year2013

Face Value₹1

Market Lot1

How to buy Axita Cotton shares on nse?

To buy Axita Cotton shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Axita Cotton share price today?

The Axita Cotton shares price on nse is Rs.23.34 today.

What is the market cap of Axita Cotton shares on BSE ?

The company has a market capitalization of Rs.608.89Cr

What is the PE & PB ratio of Axita Cotton shares ?

PE is 29.92 and PB is 9.43

What is the 52 Week High and Low of Axita Cotton shares?

Axita Cotton stock price high: Rs.62.25 Axita Cotton stock price low: Rs.18.53