Synopsis: Pashupati Cotspin Limited has set Friday, April 17, 2026, as the record date to determine eligible shareholders for its 1:10 stock split.
This Small-cap Textile stock, engaged in the business of processing raw cotton by way of ginning of cotton, spinning of cotton yarn, and delinting, catering to the textile industry, jumped 5.76 percent after the company board set a record date for the 1:10 stock split share issue.
With a market capitalization of Rs. 1,577.77 crores, the share of Pashupati Cotspin Limited has reached an intraday high of Rs. 1,029.95 per equity share, rising nearly 5.76 percent from its previous day’s close price of Rs. 973.90. Since then, the stock has retreated and is currently trading at Rs. 999.60 per equity share.
What is the News?
Pashupati Cotspin Limited’s Board of Directors, at their meeting held on Tuesday, March 31, 2026, has fixed Friday, April 17, 2026, as the Record Date for determining the eligibility of shareholders for the allotment of Stock Split Shares.
The board has decided to issue Stock Split shares at a ratio of 1:10, meaning that each equity share’s face value of Rs. 10 will be divided into ten equity shares with a share value of Re. 1 each.
For example, if a shareholder owns 1,000 shares valued at Rs. 10 each in Pashupati Cotspin Limited, after the 1:10 stock split, their total holding will increase to 10,000 shares with a face value of Re. 1 each. The value of the holding will remain unchanged.
Business Highlights
Pashupati Cotspin runs a fully integrated plant spread over roughly 40 acres, with an installed capacity of about 37,000 spindles for yarn production. Its core activities include cotton ginning, spinning, and related processes such as delinting. The company manufactures cotton bales, cotton yarn, and black cotton seeds, serving both domestic and export markets.
Company Overview
Pashupati Cotspin Limited was incorporated on July 3, 2017, and is an Indian textile manufacturing company focused on cotton ginning, spinning, and yarn production. It is part of the broader Pashupati Group, which follows a “farm to fabric” integrated textile model from raw cotton to finished fabrics.
Recent Quarter Results
Coming into financial highlights, Pashupati Cotspin Limited’s revenue has decreased from Rs. 164.54 crore in Q3 FY25 to Rs. 147.69 crore in Q3 FY26, which is a drop of 10.24 percent. The net profit has also grown by 236.25 percent from Rs. 0.80 crore in Q3 FY25 to Rs. 2.69 crore in Q3 FY26. Pashupati Cotspin Limited’s revenue and net profit have grown at a CAGR of 9.92 percent and 34.03 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 11.5 percent and 9.44 percent, respectively. Pashupati Cotspin Limited has an earnings per share (EPS) of Rs. 10.1, and its debt-to-equity ratio is 0.51x.
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