ELSM Ellcot Spinning Mills Limited

Ellcot Spinning Mills Limited (ELSM) financial ratios

Ellcot Spinning Mills Limited earned a net margin of 1.3% in FY2026 against a five-year average of 3.5% (Textile Spinning median 1.0%). Return on equity was 4.7%, compared with a sector median of 1.0%. The current ratio stood at 2.05× and debt was 89.1% of equity. Cash took about 63 days to cycle through receivables, inventory and payables.

FY2026 vs the Textile Spinning median

Gross margin: 7.0%; Sector median 7.8%
Operating margin: 4.3%; Sector median 2.9%
Net margin: 1.3%; Sector median 1.0%
Return on equity (ROE): 4.7%; Sector median 1.0%
Return on assets (ROA): 1.9%; Sector median 0.4%
Current ratio: 2.05×; Sector median 0.90×
Debt to equity: 89.1%; Sector median 87.5%
Asset turnover: 1.46×; Sector median 0.70×
Dividend payout ratio: 21.2%; Sector median 0.0%

Median of the 51 companies in the sector with the figure for their latest fiscal year.

ELSM financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009
Profitability
Gross margin	7.0%	6.1%	6.8%	8.5%	19.8%	18.1%	12.3%	10.1%	7.3%	6.5%	5.8%	6.4%	10.4%	13.5%	10.8%	13.8%	13.0%	10.7%
EBITDA margin	7.4%	7.0%	8.5%	9.2%	19.0%	17.7%	13.1%	10.8%	6.8%	6.4%	5.1%	5.5%	9.7%	12.4%	10.3%	13.4%	12.8%	11.8%
Operating margin	4.3%	3.9%	5.0%	5.7%	15.8%	14.1%	9.0%	6.6%	4.3%	3.8%	2.6%	3.3%	7.8%	10.4%	8.0%	11.5%	9.9%	7.8%
Pre-tax margin	2.1%	1.7%	1.0%	4.7%	15.0%	13.2%	5.9%	2.6%	2.4%	2.5%	1.4%	2.0%	6.3%	8.7%	5.0%	8.5%	5.2%	0.2%
Net margin	1.3%	0.5%	1.0%	3.4%	11.3%	10.5%	3.7%	3.2%	2.3%	1.6%	1.7%	1.2%	5.2%	7.2%	3.6%	7.1%	4.0%	0.0%
Effective tax rate	40.5%	70.8%	(0.4%)	26.6%	24.4%	19.9%	37.5%	(22.3%)	1.1%	35.8%	(19.6%)	39.8%	17.7%	17.1%	26.8%	16.5%	22.8%	81.0%
Returns
Return on equity (ROE)	4.7%	1.8%	3.7%	10.8%	39.1%	37.8%	13.3%	12.9%	8.7%	5.4%	5.1%	3.9%	22.7%	32.0%	15.6%	47.2%	24.3%	—
Return on assets (ROA)	1.9%	0.7%	1.5%	4.2%	15.8%	14.1%	4.1%	3.5%	2.7%	2.5%	2.7%	2.3%	13.2%	17.5%	7.2%	17.8%	7.2%	—
Return on invested capital (ROIC)	4.4%	2.0%	7.3%	6.6%	20.9%	18.5%	7.1%	10.2%	5.5%	4.1%	5.7%	4.3%	18.7%	24.4%	13.1%	27.2%	15.0%	—
Liquidity
Current ratio	2.05×	2.09×	2.69×	2.72×	2.75×	3.02×	1.90×	1.40×	1.30×	1.69×	2.08×	2.68×	2.66×	2.21×	1.67×	1.33×	1.20×	1.01×
Quick ratio	1.28×	1.05×	1.67×	1.07×	1.11×	1.64×	0.72×	0.68×	0.62×	1.00×	1.09×	1.26×	1.08×	0.83×	0.32×	0.40×	0.31×	0.32×
Leverage
Debt to equity	89.1%	109.7%	98.1%	120.6%	104.9%	103.0%	161.4%	205.4%	266.5%	102.8%	76.3%	41.8%	43.8%	46.4%	62.2%	112.8%	143.3%	252.7%
Debt to capital	47.1%	52.3%	49.5%	54.7%	51.2%	50.7%	61.7%	67.3%	72.7%	50.7%	43.3%	29.5%	30.4%	31.7%	38.4%	53.0%	58.9%	71.7%
Debt to assets	36.3%	41.8%	40.2%	45.7%	41.8%	42.5%	52.7%	60.0%	66.0%	44.4%	37.7%	24.3%	26.0%	26.3%	32.6%	45.5%	48.9%	64.9%
Assets to equity	2.54×	2.53×	2.54×	2.57×	2.47×	2.69×	3.24×	3.72×	3.20×	2.17×	1.87×	1.70×	1.72×	1.83×	2.18×	2.66×	3.36×	—
Efficiency
Asset turnover	1.46×	1.48×	1.49×	1.22×	1.40×	1.33×	1.12×	1.07×	1.16×	1.56×	1.61×	1.93×	2.53×	2.43×	1.97×	2.52×	1.79×	—
Receivable days days	38	30	25	30	30	33	41	44	43	31	28	24	18	13	9	10	23	—
Inventory days days	66	64	66	104	98	97	114	110	99	67	69	65	54	65	87	66	81	—
Payable days days	40	32	26	30	32	36	35	27	23	21	23	21	16	18	10	2	3	—
Cash conversion cycle days	63	62	66	104	95	93	120	128	118	78	73	68	56	59	86	73	100	—
Dividends
Dividend payout ratio	21.2%	71.5%	42.9%	26.1%	2.2%	10.1%	29.1%	32.1%	29.4%	49.3%	53.9%	141.2%	25.8%	31.3%	37.4%	21.8%	29.8%	823.8%
Earnings retention rate	0.79×	0.29×	0.57×	0.74×	0.98×	0.90×	0.71×	0.68×	0.71×	0.51×	0.46×	(0.41×)	0.74×	0.69×	0.63×	0.78×	0.70×	(7.24×)

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

ELSM: frequently asked questions

What is ELSM's EPS?

Ellcot Spinning Mills Limited reported basic earnings per share of Rs 18.83 for FY2026 (Jul 2025 – Jun 2026).

What is ELSM's P/E ratio?

At the closing price of Rs 190.95 on 16 Oct 2026, ELSM trades at a P/E of 10.1× based on EPS of Rs 18.83 (FY2026).

Does ELSM pay dividends?

Yes. Ellcot Spinning Mills Limited declared a dividend of Rs 6.50 per share for FY2026. It has paid a dividend in each of the last 6 years. At Rs 190.95 that is a dividend yield of 3.4%.

What was ELSM's revenue and profit in FY2026?

Ellcot Spinning Mills Limited reported revenue of Rs 16.2 bn and profit attributable to shareholders of Rs 206.2 mn for FY2026 (Jul 2025 – Jun 2026).

What is ELSM's book value per share?

Ellcot Spinning Mills Limited's book value per share was Rs 408.23 at the end of FY2026. The shares trade at 0.47× book value.

Information only, not investment advice.