Stock Split: Textile stock jumps after company’s board to consider share split

Synopsis: Pashupati Cotspin’s board will consider a proposed stock split on February 26, 2026, subject to shareholder and regulatory approvals under SEBI regulations.

This Small-cap Textile Stock, engaged in cotton ginning, processing, yarn manufacturing, and exporting high-quality cotton products globally, jumped 1.83 percent after the board considered a share split meeting on Thursday, 26th February 2026.

With a market capitalization of Rs. 1,483.70 crores, the share of Pashupati Cotspin Limited has reached an intraday high of Rs. 956.40 per equity share, rising nearly 1.83 percent from its previous day’s close price of Rs. 939.20. Since then, the stock has retreated and is currently trading at Rs. 940 per equity share. 

What is the News?

Pashupati Cotspin Limited its Board of Directors will consider a proposal for the sub-division (stock split) of the company’s equity shares at its meeting scheduled for February 26, 2026. The proposed stock split will be subject to shareholders’ approval and necessary regulatory approvals, as required under applicable SEBI regulations.

Company Overview

Pashupati Cotspin Limited specializes in the textile sector, primarily engaging in cotton ginning, processing, and yarn manufacturing. The company transforms raw cotton into high-quality bales, seeds, cakes, and various types of yarn, including Eli twist Lycra blends, organic varieties, and specialty products. 

The company operates advanced ginning units and processing facilities, focusing on end-to-end production from procurement to export. As part of the Pashupati Group, it emphasizes sustainable practices and caters to both domestic and international markets across numerous countries. 

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 9.97 percent and 36.08 percent, respectively, over the last five years.

In terms of return ratios, the company’s ROCE and ROE stand at 11.8 percent and 10.3 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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