Lagnam Spintex Limited

NSE LAGNAM.NS

Lagnam Spintex Limited Return on Equity (ROE) for the year ending March 31, 2024: 13.38%

Lagnam Spintex Limited Return on Equity (ROE) is 13.38% for the year ending March 31, 2024, a 29.18% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Lagnam Spintex Limited Return on Equity (ROE) for the year ending March 31, 2023 was 10.35%, a -69.31% change year over year.
Lagnam Spintex Limited Return on Equity (ROE) for the year ending March 31, 2022 was 33.74%, a 343.88% change year over year.
Lagnam Spintex Limited Return on Equity (ROE) for the year ending March 31, 2021 was 7.60%, a 267.78% change year over year.
Lagnam Spintex Limited Return on Equity (ROE) for the year ending March 31, 2020 was 2.07%, a -76.97% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NSE: LAGNAM.NS

Lagnam Spintex Limited

CEO	Mr. Dwarka Prasad Mangal
IPO Date	Oct. 4, 2018
Location	India
Headquarters	A 51- 53, RIICO Growth Centre
Employees	835
Sector	Consumers Staples
Industries Personal Care Baby & Childcare Cleaning Supplies Composite Materials Consumer Packaged Goods Glass Luxury Goods Tobacco

Description

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 trends

Past 5 years