---
title: "Malwa Cotton Spinning Mills Ltd (MALWACOTT) — Share Price, Financials & Analysis"
symbol: "MALWACOTT"
company: "Malwa Cotton Spinning Mills Ltd"
canonical: "https://tapetide.com/stocks/MALWACOTT"
generated_at: "2026-10-13T11:00:06.534Z"
---

# Malwa Cotton Spinning Mills Ltd (MALWACOTT)

Canonical page: https://tapetide.com/stocks/MALWACOTT

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** malwagroup.com

## About

Malwa Cotton Spinning Mills Limited is an India-based textile company. The Company also produces polyester yarn, polyester cotton yarn, viscose yarn, dyed viscose yarn and viscose cotton yarn.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -43.9% over past five years.
- Contingent liabilities of Rs.38.5 Cr.
- Company has high debtors of 286 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -75% | 5% | — |
| revenue growth | -39% | -51% | -44% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 39.26 | 33.56 | 24.4 | 13.48 | 10.05 | 7.65 | 7.2 | 11.13 | 7.36 | 7.95 | 4.86 | 1.9 |
| Expenses | 53.86 | 46.32 | 29.83 | 16.04 | 14.51 | 17.33 | 10.99 | 14.52 | 20.49 | 11.12 | 15.6 | 27.32 |
| Operating Profit | -14.6 | -12.76 | -5.43 | -2.56 | -4.46 | -9.68 | -3.79 | -3.39 | -13.13 | -3.17 | -10.74 | -25.42 |
| OPM % | -37.19 | -38.02 | -22.25 | -18.99 | -44.38 | -126.54 | -52.64 | -30.46 | -178.4 | -39.87 | -220.99 | -1337.89 |
| Other Income | 0.27 | 0.24 | 0.03 | 0.78 | 0.04 | 0.03 | 0.01 | 0.06 | 0.02 | 0.03 | 0.05 | 24.59 |
| Interest | 0.12 | 0.07 | 0.13 | -0.05 | 0.02 | 0.02 | 0.03 | 0.06 | 0.01 | 0 | 0.01 | 0 |
| Depreciation | 0.74 | 0.55 | 0.65 | 0.64 | 0.51 | 0.51 | 0.51 | 0.5 | 0.45 | 0.45 | 0.46 | 0.44 |
| Profit before tax | -15.19 | -13.14 | -6.18 | -2.37 | -4.95 | -10.18 | -4.32 | -3.89 | -13.57 | -3.59 | -11.16 | -1.27 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -15.19 | -13.14 | -6.18 | -2.37 | -4.95 | -10.18 | -4.32 | -3.89 | -13.57 | -3.59 | -11.16 | -1.27 |
| EPS in Rs | -19.22 | -16.62 | -7.82 | -3 | -6.26 | -12.88 | -5.46 | -4.92 | -17.17 | -4.54 | -14.12 | -1.61 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 449 | 459 | 432 | 455 | 398 | 313 | 188 | 111 | 36 | 22 |
| Expenses | 415 | 464 | 424 | 425 | 369 | 441 | 234 | 146 | 57 | 75 |
| Operating Profit | 34 | -6 | 8 | 30 | 29 | -128 | -46 | -35 | -21 | -52 |
| OPM % | 8 | -1.2 | 1.8 | 7 | 7 | -41 | -24 | -32 | -59 | -238 |
| Other Income | 0 | 1 | 9 | 7 | 1 | 3 | 1 | 1 | 0 | 25 |
| Interest | 28 | 30 | 29 | 29 | 32 | 33 | 0 | 0 | 0 | 0 |
| Depreciation | 9 | 7 | 6 | 5 | 4 | 4 | 3 | 3 | 2 | 2 |
| Profit before tax | -2 | -42 | -17 | 4 | -8 | -162 | -49 | -37 | -23 | -30 |
| Tax % | -10 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -2 | -44 | -17 | 4 | -8 | -162 | -49 | -37 | -23 | -30 |
| EPS in Rs | — | -64.25 | -21.82 | 4.59 | -9.56 | -204.58 | -61.56 | -46.65 | -29.53 | -37.43 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 55 | 14 | -4 | -1 | -8 | -170 | -219 | -258 | -281 | -311 |
| Borrowings | 203 | 222 | 254 | 265 | 284 | 322 | 320 | 319 | 324 | 313 |
| Other Liabilities | 104 | 101 | 99 | 100 | 102 | 81 | 90 | 81 | 80 | 97 |
| Total Liabilities | 368 | 343 | 356 | 372 | 385 | 240 | 200 | 150 | 131 | 107 |
| Fixed Assets | 76 | 70 | 65 | 62 | 58 | 54 | 51 | 47 | 45 | 43 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Other Assets | 281 | 263 | 281 | 300 | 317 | 176 | 139 | 94 | 77 | 54 |
| Total Assets | 368 | 343 | 356 | 372 | 385 | 240 | 200 | 150 | 131 | 107 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 33 | 7 | -14 | 11 | 22 | -8 | 0 | -1 | -6 | 11 |
| Cash from Investing Activity | -3 | -1 | 4 | 1 | 0 | 1 | 0 | 1 | 0 | 0 |
| Cash from Financing Activity | -32 | -6 | 10 | -13 | -20 | 6 | -1 | -1 | 5 | -11 |
| Net Cash Flow | -2 | 0 | -1 | 0 | 2 | 0 | -1 | -2 | -1 | 0 |
| Free Cash Flow | 30 | 6 | -10 | 12 | 22 | -8 | 0 | -1 | -6 | 11 |
| CFO/OP | 101 | -125 | -177 | 35 | 77 | 6 | 0 | 4 | 29 | -21 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 99 | 102 | 110 | 98 | 126 | 126 | 162 | 172 | 378 | 286 |
| Inventory Days | 187 | 126 | 167 | 211 | 208 | 52 | 115 | 141 | 264 | 106 |
| Days Payable | 114 | 94 | 100 | 99 | 102 | 31 | 99 | 149 | 378 | 760 |
| Cash Conversion Cycle | 172 | 134 | 177 | 210 | 233 | 146 | 179 | 164 | 264 | -368 |
| Working Capital Days | 140 | 126 | 151 | 161 | 195 | 107 | 87 | 35 | -46 | -736 |
| ROCE % | 10 | -5 | 3 | 11 | 9 | -59 | -36 | -41 | -38 | -133 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 52.23% |
| DIIs | 6.72% |
| Public | 41.05% |
| No. of Shareholders | 7359 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Promoters | 52.23% | 52.23% | 52.23% | 52.23% |
| DIIs | 6.72% | 6.72% | 4.76% | 6.72% |
| Public | 41.05% | 41.05% | 43.01% | 41.05% |
| No. of Shareholders | 7359 | 7359 | 7359 | 7359 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 22.28 | Buy |
| EMA (10) | 22.59 | Buy |
| SMA (20) | 22.36 | Buy |
| EMA (20) | 22.49 | Buy |
| SMA (50) | 22.1 | Buy |
| EMA (50) | 22.03 | Buy |
| SMA (100) | 21.2 | Buy |
| EMA (100) | 21.48 | Buy |
| SMA (200) | 20.28 | Buy |
| EMA (200) | 20.71 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 56.52 | Neutral |
| MACD (12,26,9) | 0.13 | Buy |
| Stochastic (14,3,3) | 71.22 | Neutral |
| ADX (14) | 14.55 | Neutral |
| Williams %R (14) | -19.29 | Sell |
| ATR (14) | 1.25 | High Volatility |
| ROC (12) | 8.22 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 63.39 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2017-09-19 | [Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22d8fa9a-292a-4819-8a16-bb0b95c49193.pdf) |
| 2017-09-19 | [Audited Financial Results For The Quarter/ Year Ended 31.03.2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c8ca66f-6ad6-434e-807a-81b1370a819a.pdf) |
| 2017-09-19 | [Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/22d8fa9a-292a-4819-8a16-bb0b95c49193.pdf) |
| 2017-09-19 | [Audited Financial Results For The Quarter/ Year Ended 31.03.2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/9c8ca66f-6ad6-434e-807a-81b1370a819a.pdf) |
| 2017-05-22 | [Board Meeting To Be Held On 30Th May, 2017 To Consider Audited Financial Results For Financial Year 2016-17](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea8e2c0d-35d3-4f54-9470-bd5ae6b3085a.pdf) |
| 2017-05-22 | [Board Meeting To Be Held On 30Th May, 2017 To Consider Audited Financial Results For Financial Year 2016-17](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/ea8e2c0d-35d3-4f54-9470-bd5ae6b3085a.pdf) |
| 2017-02-26 | [Standalone Financial Results, Limited Review Report for December 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=CEE6AB9F_764B_4ACC_AB48_021A460D1A6D_081030.pdf) |
| 2017-02-26 | [Standalone Financial Results, Limited Review Report for December 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/2/CEE6AB9F_764B_4ACC_AB48_021A460D1A6D_081030.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_983_MALWACOTT_2012_2013_13082013105935.zip) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_MALWACOTT_2010_2011_20092011112323.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/502995/5029950310.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_MALWACOTT_2009_2010_08082011051125.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:06.534Z.