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Axita Cotton Ltd

AXITA
NSE
8.10
0.61%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
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Axita Cotton Ltd

AXITA
NSE
8.10
0.61%
30 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
310Cr
Close
Close Price
8.10
Industry
Industry
Textiles - Others
PE
Price To Earnings
162.00
PS
Price To Sales
0.84
Revenue
Revenue
370Cr
Rev Gr TTM
Revenue Growth TTM
-43.25%
PAT Gr TTM
PAT Growth TTM
74.31%
Peer Comparison
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AXITA
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
RevenueCr
228388265221155130228140157638961
Growth YoY
Revenue Growth YoY%
11.4323.3103.481.0-32.0-66.5-14.1-36.71.1-51.3-60.8-56.4
Expenses
ExpensesCr
221379262214149129231142157638565
Operating Profit
Operating ProfitCr
784761-3-3005-4
OPM
OPM%
3.12.21.43.33.70.8-1.2-1.9-0.10.75.5-6.8
Other Income
Other IncomeCr
111000203001
Interest Expense
Interest ExpenseCr
000000000010
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
894751-1-3204-4
Tax
TaxCr
2212100-1002-1
PAT
PATCr
673541-1-2203-2
Growth YoY
PAT Growth YoY%
29.2184.3-33.4-11.6-38.4-90.3-139.0-137.6-54.5-93.7313.1-25.8
NPM
NPM%
2.51.71.22.22.30.5-0.5-1.31.00.12.9-3.8
EPS
EPS
0.10.20.10.10.10.00.0-0.10.10.00.1-0.1

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue
RevenueCr
1232134846198185481,102653370
Growth
Revenue Growth%
73.2127.027.732.1-33.0101.1-40.8-43.3
Expenses
ExpensesCr
1202104816108085251,075651369
Operating Profit
Operating ProfitCr
334910232711
OPM
OPM%
2.31.40.81.51.24.22.50.20.3
Other Income
Other IncomeCr
100013222
Interest Expense
Interest ExpenseCr
223321112
Depreciation
DepreciationCr
011011111
PBT
PBTCr
111520232723
Tax
TaxCr
000256701
PAT
PATCr
100415172012
Growth
PAT Growth%
-60.2-23.4957.0312.810.519.4-94.673.8
NPM
NPM%
0.90.20.10.61.93.11.90.20.5
EPS
EPS
4.60.00.00.10.40.40.50.00.1

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
3713132020263538
Reserves
ReservesCr
111591733382827
Current Liabilities
Current LiabilitiesCr
182046847322291220
Non Current Liabilities
Non Current LiabilitiesCr
100106511
Total Liabilities
Total LiabilitiesCr
23386410710981987686
Current Assets
Current AssetsCr
18346110410570886666
Non Current Assets
Non Current AssetsCr
4433411101119
Total Assets
Total AssetsCr
23386410710981987686

Cash Flow

Consolidated
Standalone
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
1-116497-13451
Investing Cash Flow
Investing Cash FlowCr
00000-11-11-11
Financing Cash Flow
Financing Cash FlowCr
011-3-2-16-210-3015
Net Cash Flow
Net Cash FlowCr
0021-65-255
Free Cash Flow
Free Cash FlowCr
0-116486-1445
CFO To PAT
CFO To PAT%
44.5-2,397.61,667.4102.560.942.6-64.94,157.452.1
CFO To EBITDA
CFO To EBITDA%
18.2-368.3151.542.497.331.9-48.93,079.1100.0

Ratios

Consolidated
Standalone
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
05372532841,117545348329
Price To Earnings
Price To Earnings
0.0116.0203.714.318.465.326.8333.3173.1
Price To Sales
Price To Sales
0.00.30.10.10.32.00.50.50.9
Price To Book
Price To Book
0.03.04.02.47.821.48.55.55.1
EV To EBITDA
EV To EBITDA
5.622.421.46.329.149.020.9229.1333.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
5.04.65.315.16.97.74.02.24.3
OPM
OPM%
2.31.40.81.51.24.22.50.20.3
NPM
NPM%
0.90.20.10.61.93.11.90.20.5
ROCE
ROCE%
15.27.610.824.860.540.031.33.95.7
ROE
ROE%
30.22.61.917.142.532.531.51.72.9
ROA
ROA%
5.11.20.63.514.221.120.71.42.2
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Axita Cotton Limited, incorporated in 2013 and headquartered in Ahmedabad, Gujarat, is a leading manufacturer, exporter, and trader of premium cotton products. The company is listed on both the **BSE Main Board** and **NSE**, reflecting its strong market presence and regulatory compliance. With a vertically integrated and diversified agri-business model, Axita Cotton operates across ginning, manufacturing, trading, and job work services in cotton and allied agri-commodities. --- ### **Core Business Segments** Axita Cotton operates across three primary verticals: 1. **Manufacturing** - Ginning and pressing of *Kapas* (seed cotton) to produce: - **Cotton bales** (conventional and organic) - **Cotton seeds** - **Cotton yarns** - Key cotton varieties: *Shankar-6*, *MCU-5/MECH*, *V-797*, *DCH-32*, and *J-34*. - Organic and in-conversion cotton aligned with global sustainability standards. 2. **Trading** - Active trading in *Kapas*, *cotton bales*, *yarns*, *cotton seeds*, and expanded into: - **Sesame seeds** (since 2025) - **Groundnut oil** - Domestic and international distribution through a robust network of traders, manufacturers, and merchant exporters. 3. **Job Work Services** - Offers ginning and pressing services on a contract basis under service code **J-34**. - Facilities located in **Kadi, Mehsana District, Gujarat**, strategically positioned near major cotton-growing regions in Saurashtra and Gujarat. --- ### **Facility & Capacity** - **Location:** Kadi, Gujarat (9,961 sq. meters) - **Processing Capacity:** 87,600 metric tons per annum (MTPA) of seed cotton - **Machinery:** 48 automated ginning and pressing machines - **Initial Setup:** Promoters began operations in 2007 via *Aditya Oil Industries*; expanded into cotton processing in 2011; full-scale ginning plant established in 2013. --- ### **Market Presence & Exports** - **Domestic Reach:** Operations across **8 Indian states**, with key markets in Gujarat, Rajasthan, Maharashtra, and Madhya Pradesh. - **Export Markets (12 countries):** Bangladesh, Vietnam, China, Indonesia, Thailand, Pakistan, and European nations. - **Export Challenges (FY24–25):** Geopolitical uncertainties impacted exports; however, the company maintained resilience through strong domestic demand and export diversification. - **New Export Milestones:** - Secured a **South Korean government tender worth Rs. 8.5 crores** for sesame seeds (March 2025). - Diversified export portfolio to include **sesame seeds and groundnut oil** (2025), enhancing agri-commodity footprint. --- ### **Sustainability & Certifications** Axita Cotton is a frontrunner in sustainable cotton production: - **Certifications:** - Global Organic Textile Standard (**GOTS**) - Organic Content Standard (**OCS**) - Better Cotton Initiative (**BCI**) member - **ISO 9001:2015** certified for quality management - **Sustainability Initiatives:** - Adoption of **organic farming practices** - Investment in **energy-efficient technologies** - Strategic shift toward organic cotton, anticipating **84% global demand growth by 2030** (Textile Exchange Report) --- ### **Leadership & Governance** - **Mr. Nitinbhai Patel** – Founder, Chairman & Managing Director Over a decade of experience in the cotton value chain; drives strategic vision and growth. - **Mr. Amitkumar Patel** – Promoter and core management figure with expertise in finance and commercial operations. - **Mr. Nilesh Kothari** – Director overseeing export operations and documentation, enhancing credibility in global markets. --- ### **Financial & Strategic Highlights** - **Debt-Free Balance Sheet:** Maintained for two consecutive years (since FY23), enabling financial agility. - **Retained Earnings (as of Mar 2025):** **Rs. 38.47 crores** allocated for international expansion and diversification. - **Growth Strategy:** - Expand **organic cotton** production and trading - Strengthen **export presence** in South Korea, Southeast Asia, and Europe - Leverage domestic demand driven by India’s growing middle class and preference for natural, sustainable textiles - Explore **hydroponics and aeroponics farming advisories** as part of agri-consulting initiatives (as of Sep 2023) --- ### **Customer Base** - **Domestic:** Traders, yarn manufacturers, and cotton processing mills - **International:** Large fashion houses and textile manufacturers producing jeans, T-shirts, and fabrics - **Trading Customers:** Act as wholesalers, distributing bales across India or to export channels - **Reputation:** Preferred supplier due to consistent **quality, timely delivery**, and adherence to international standards