Dhanalaxmi roto spinners bonus issue: Action can be seen next week in the stock of Textile Segment company Dhanalakshmi Roto spinners. The company has announced the bonus issue. At the same time, a record date for this has been declared on 26 March 2025. That is, if you have shares of the company by 26 March 2025, then you will get the benefit of bonus issue. Due to the announcement of the bonus issue and the announcement of the plan to raise funds, micro-cap stock Dhanalakshmi Roto Spiners Limited can stay in the share focus.
The shareholders have approved the amendment of the association to increase the company’s authorized share capital from Rs 5 crore to Rs 15 crore. The decision was taken during an extraordinary general meeting on 14 March 2025.
39,00,300 bonus equity shares in 1: 1 ratio
At the same time, the company informed that it has been approved to issue 39,00,300 bonus equity shares in 1: 1 ratio. The company has set a record date for bonus issue on 26 March 2025. According to the company, bonus share shareholders will get by March 27. This step is expected to increase liquidity and attract more investors.
Stock is multibagger
Dhanalakshmi Roto spinners’ stock has proved to be a multibagger for investors. Its 10 -year returns have been 40% CAGR, 5 years of return 79% CAGR and 3 years returns have been 36% CAGR. In 1 year, the stock has given 19% returns even after the market fall. For stock, 1 year high is Rs 289 while 1 year low is Rs 147. Talking about returns on equity, it has been 21% in 10 years, 23% in 5 years, 26% in 3 years and 28% last year. (source: screener.in)
Financial of the company
The company’s compounded sales growth has been 17% in 10 years, 15% in 5 years and 39% in 3 years. While compound profit growth was 38% in 10 years, 41% in 5 years and 44% in 3 years. (source: screener.in)
In the third quarter of FY 2025, Dhanalakshmi Roto Spiners Limited recorded a conso revenue of Rs 68.88 crore, which is 40 percent more than Rs 49.54 crore in the third quarter of FY 2024. However, the profit on the annual basis declined by 32 per cent to Rs 2.49 crore in the third quarter. The company’s ROCE is 23.4 percent and Return on Equity (RO) is 18.69 percent. The price-to-erning (P/e) ratio is 9.49.
company business
After being established in 1986, Dhanalakshmi Roto Spinners Limited was listed at the Bombay Stock Exchange in 1995. It is a major wood pulp and paper trading company. Initially, the vibration produced cotton and cotton yarn, then a popular brand in wood pulp and paper sector. The company also exports cotton seed peel and agri products like maize in the international market.
