| Scrip Code | 000000 |
|---|---|
| NSE Symbol | LAXMICOT |
| MSEI Symbol | NOTLISTED |
| ISIN | INE801V01019 |
| Name of company | LAXMI COTSPIN LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 13-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-02-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | Cotton and Yarn |
| Start date and time of board meeting | 13-02-2026 17:30:00 |
| End date and time of board meeting | 13-02-2026 18:10:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| During the quarter ended December 2025 the company has not made any default on loans and Debt securities. So there is no requirement of disclosure. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 2,456.97 | 13,339.68 | |
| Other income | 125.84 | 229.40 | |
| Total income | 2,582.81 | 13,569.08 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,767.04 | 11,356.53 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 164.55 | 201.45 |
| (d) | Employee benefit expense | 201.25 | 575.98 |
| (e) | Finance costs | 96.72 | 291.91 |
| (f) | Depreciation, depletion and amortisation expense | 57.81 | 162.38 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 442.17 | 969.84 |
| Total other expenses | 442.17 | 969.84 | |
| Total expenses | 2,729.54 | 13,558.09 | |
| 3 | Total profit before exceptional items and tax | (146.73) | 10.99 |
| 4 | Exceptional items | 20.17 | 119.65 |
| 5 | Total profit before tax | (126.56) | 130.64 |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 20.44 | 105.66 |
| 9 | Total tax expenses | 20.44 | 105.66 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (147.00) | 24.98 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (147.00) | 24.98 |
| 17 | Other comprehensive income net of taxes | 0.00 | 0.00 |
| 18 | Total Comprehensive Income for the period | (147.00) | 24.98 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,714.77 | 1,714.77 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.86 | 0.06 | |
| Diluted earnings (loss) per share from continuing operations | -0.86 | 0.06 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.86 | 0.06 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.86 | 0.06 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 0.00 | 0.00 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | DMKH & Co. | Yes | 30-04-2027 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 2,582.81 | 2,582.81 |
| 2 | Total Expenditure | 2,729.54 | 2,729.54 |
| 3 | Net Profit/(Loss) | (146.73) | (146.73) |
| 4 | Earnings Per Share | -0.86 | -0.86 |
| 5 | Total Assets | 11,239.74 | 11,239.74 |
| 6 | Total Liabilities | 5,010.60 | 5,010.60 |
| 7 | Net Worth | 5,229.14 | 5,229.14 |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Whether appeared first time | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Qualified opinion | Whether appeared first time | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Qualified opinion | Whether appeared first time | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
| 4 | Textual Information(16) | Qualified opinion | Whether appeared first time | Textual Information(17) | Textual Information(18) | Textual Information(19) | Textual Information(20) |
| 5 | Textual Information(21) | Qualified opinion | Whether appeared first time | Textual Information(22) | Textual Information(23) | Textual Information(24) | Textual Information(25) |
| 6 | Textual Information(26) | Qualified opinion | Whether appeared first time | Textual Information(27) | Textual Information(28) | Textual Information(29) | Textual Information(30) |
| Textual Information(1) | The Company has maintained records for inventory; however, such records are not appropriate or adequate in terms of providing necessary quantitative details, item-wise identification, and precise valuation workings for the quarter ended 31st December 2025. As informed to us, the inventory has been valued by the Management based on estimates and approximations rather than being supported by a robust inventory management system or physical verification records. In the absence of sufficiently detailed inventory documentation and valuation supports, we are unable to ascertain the correctness of the quantity, condition, and valuation of inventory as at 31st December 2025. Consequently, we are unable to determine the impact, if any, on the cost of goods sold, profit for the period, closing inventory, and related disclosures in the Statement of Standalone Financial Results. |
|---|---|
| Textual Information(2) | Not ascertainable |
| Textual Information(3) | Not ascertainable |
| Textual Information(4) | Management will review. |
| Textual Information(5) | As per attached report |
| Textual Information(6) | During the period, the Company has advanced loan to its wholly owned subsidiary (Laxmi Spintex Private Limited). However, the Company has not taken board approval and has not complied with certain statutory requirements relating to the said advance, as required under applicable provisions of the Companies Act, 2013 and Rules thereunder. In the absence of the above compliances and supporting documentation, we are unable to comment on the completeness, appropriateness, and regulatory compliance of the said advance, as well as any consequential financial impact, if any, arising therefrom. |
| Textual Information(7) | Not ascertainable |
| Textual Information(8) | Not ascertainable |
| Textual Information(9) | Management will review. |
| Textual Information(10) | As per attached report |
| Textual Information(11) | The Company has given a significant advance to one of the creditors. Based on available information reviewed by us, there are indicators of financial stress relating to entities connected with the said creditor, creating uncertainty regarding the end-use and recoverability of the advance. No provision or impairment has been evaluated or recognized in accordance with Ind AS 109. In the absence of adequate evidence, we are unable to determine the accuracy of the carrying amount of this advance and its possible impact on the accompanying Statement. |
| Textual Information(12) | Not ascertainable |
| Textual Information(13) | Not ascertainable |
| Textual Information(14) | Management will review. |
| Textual Information(15) | As per attached report |
| Textual Information(16) | The Companys depreciation working for the period under review does not incorporate the historical acquisition cost and date of put-to-use for assets. This is in contravention of the requirements of Ind AS 16 and the disclosure requirements of Schedule II to the Companies Act, 2013. Consequently, we are unable to obtain sufficient appropriate evidence regarding the mathematical accuracy of the depreciation calculated and the remaining useful lives of the assets. Our conclusion on the standalone financial results is modified in respect of this matter. |
| Textual Information(17) | Not ascertainable |
| Textual Information(18) | Not ascertainable |
| Textual Information(19) | Management will review. |
| Textual Information(20) | As per attached report |
| Textual Information(21) | During the previous financial year, the Company recorded the sale of land to its subsidiary, Laxmi Spintex Private Limited. However, we observe that as of 31st December 2025, the legal formalities for the registration of the sale deed have not been completed. In the absence of a registered sale deed and the consequent transfer of legal title, we are unable to obtain sufficient appropriate evidence to conclude whether the transaction of land sale has taken place or whether the risks and rewards of ownership have been effectively transferred to the subsidiary. |
| Textual Information(22) | Not ascertainable |
| Textual Information(23) | Not ascertainable |
| Textual Information(24) | Management will review. |
| Textual Information(25) | As per attached report |
| Textual Information(26) | The loan of 5.51 Crores was extended to the subsidiary (Laxmi Spintex Private Limited). However, the Board resolution and legal formalities regarding the transaction is still pending. In the absence of formal authorization and documentation, we are unable to ascertain the genuineness of the transaction and the purpose of the funds. Our conclusion on the standalone financial results is modified in respect of this matter. |
| Textual Information(27) | Not ascertainable |
| Textual Information(28) | Not ascertainable |
| Textual Information(29) | Management will review. |
| Textual Information(30) | As per attached report |
| Name of CEO / Managing director | Sanjay Rathi |
|---|---|
| Name of CFO | Anup Gindodiya |
| Name of audit committee chairman | Gopal Mundada |
| Name of statutory auditor | CA Manish Kankani |
| Name of other signatory, if any, with designation | |
| Place | Jalna |
| Date | 13-02-2026 |