Lakshmi Automatic Loom Works Ltd
Incorporated in 1973, Lakshmi Automatic Loom Works Ltd manufactures spares and accessories for C-type automatic weaving machines, circular knitting machines, and parts for machine tools apart from providing warehouse rental services[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 1,921
- High / Low ₹ 2,280 / 740
- Stock P/E 59.8
- Book Value ₹ 309
- Dividend Yield 0.52 %
- ROCE 14.9 %
- ROE 11.0 %
- Face Value ₹ 100
Pros
- Company has been maintaining a healthy dividend payout of 19.0%
- Debtor days have improved from 55.0 to 43.1 days.
Cons
- The company has delivered a poor sales growth of 11.3% over past five years.
- Promoter holding is low: 35.9%
- Company has a low return on equity of 13.9% over last 3 years.
- Earnings include an other income of Rs.1.89 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.49 | 3.50 | 3.12 | 3.63 | 2.68 | 7.17 | 7.45 | 8.17 | 12.70 | 10.20 | 11.82 | 12.71 | 14.92 | |
7.12 | 4.95 | 4.75 | 5.27 | 5.13 | 5.64 | 5.51 | 6.48 | 7.66 | 6.29 | 8.02 | 9.62 | 11.55 | |
Operating Profit | -1.63 | -1.45 | -1.63 | -1.64 | -2.45 | 1.53 | 1.94 | 1.69 | 5.04 | 3.91 | 3.80 | 3.09 | 3.37 |
OPM % | -29.69% | -41.43% | -52.24% | -45.18% | -91.42% | 21.34% | 26.04% | 20.69% | 39.69% | 38.33% | 32.15% | 24.31% | 22.59% |
3.22 | 4.03 | 5.24 | 5.38 | 4.80 | 1.58 | 0.84 | 0.78 | 0.58 | 1.15 | 1.39 | 1.54 | 1.89 | |
Interest | 0.04 | 0.03 | 0.03 | 0.02 | 0.06 | 0.06 | 0.06 | 0.22 | 0.63 | 0.79 | 0.73 | 0.91 | 0.90 |
Depreciation | 0.37 | 0.35 | 0.35 | 0.39 | 0.30 | 0.30 | 0.36 | 0.47 | 0.62 | 0.89 | 0.94 | 0.98 | 1.12 |
Profit before tax | 1.18 | 2.20 | 3.23 | 3.33 | 1.99 | 2.75 | 2.36 | 1.78 | 4.37 | 3.38 | 3.52 | 2.74 | 3.24 |
Tax % | -8.47% | -31.82% | 3.72% | 21.62% | 50.75% | 83.27% | 26.69% | 29.21% | 23.34% | 25.15% | 26.14% | 22.26% | |
1.28 | 2.90 | 3.11 | 2.61 | 0.98 | 0.46 | 1.73 | 1.26 | 3.35 | 2.54 | 2.60 | 2.13 | 2.36 | |
EPS in Rs | 21.33 | 48.33 | 51.83 | 43.50 | 16.33 | 7.67 | 28.83 | 21.00 | 47.86 | 36.29 | 38.88 | 31.85 | 35.29 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 25.73% | 31.41% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 11% |
3 Years: | 0% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | 5% |
3 Years: | -14% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 36% |
3 Years: | 46% |
1 Year: | 140% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 14% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.10 | 6.10 | 6.10 | 6.10 | 6.10 | 6.10 | 6.10 | 6.40 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 |
Reserves | -11.54 | -9.24 | -6.73 | -4.29 | -3.31 | -2.85 | -1.11 | 1.88 | 6.87 | 9.38 | 11.90 | 13.35 | 13.97 |
Preference Capital | 8.50 | 8.50 | 8.50 | 8.50 | 8.50 | 0.00 | 4.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.78 | 0.10 | 0.10 | 0.10 | 0.10 | 6.58 | 2.66 | 1.61 | 4.92 | 4.94 | 4.43 | 5.92 | 5.48 | |
15.63 | 14.53 | 13.29 | 13.22 | 13.23 | 3.03 | 7.44 | 6.81 | 5.95 | 5.87 | 5.75 | 5.88 | 6.32 | |
Total Liabilities | 10.97 | 11.49 | 12.76 | 15.13 | 16.12 | 12.86 | 15.09 | 16.70 | 24.43 | 26.88 | 28.77 | 31.84 | 32.46 |
4.53 | 4.40 | 4.48 | 3.86 | 3.62 | 3.67 | 8.28 | 8.14 | 15.03 | 14.47 | 15.07 | 17.99 | 18.50 | |
CWIP | 0.10 | 0.15 | 0.10 | 0.10 | 0.11 | 0.35 | 0.01 | 0.61 | 0.00 | 0.01 | 0.06 | 0.40 | 0.25 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
6.34 | 6.94 | 8.18 | 11.17 | 12.39 | 8.84 | 6.80 | 7.95 | 9.40 | 12.40 | 13.64 | 13.45 | 13.71 | |
Total Assets | 10.97 | 11.49 | 12.76 | 15.13 | 16.12 | 12.86 | 15.09 | 16.70 | 24.43 | 26.88 | 28.77 | 31.84 | 32.46 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.84 | 2.39 | 3.06 | 0.55 | 1.49 | -0.67 | 1.74 | 2.95 | 5.23 | -3.22 | 0.14 | 8.50 | |
0.16 | 0.10 | 0.15 | 1.73 | 0.73 | 2.54 | -1.57 | -1.71 | -6.98 | 3.62 | 0.92 | -8.59 | |
-1.24 | 2.13 | -1.69 | -0.23 | 0.06 | -2.07 | 0.03 | -1.25 | 1.90 | -0.61 | -1.19 | 0.10 | |
Net Cash Flow | 0.76 | 4.62 | 1.52 | 2.04 | 2.28 | -0.20 | 0.20 | -0.01 | 0.16 | -0.21 | -0.12 | 0.01 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41.89 | 57.36 | 58.49 | 97.53 | 92.61 | 56.00 | 49.97 | 55.84 | 34.78 | 65.13 | 56.82 | 43.08 |
Inventory Days | 244.70 | 368.17 | 289.37 | 208.11 | 296.56 | 273.75 | 292.96 | 291.18 | 138.11 | 266.02 | 188.52 | 246.71 |
Days Payable | 95.69 | 22.22 | 26.31 | 25.61 | 91.25 | 68.44 | 67.24 | 57.42 | 42.75 | 80.42 | 76.21 | 81.11 |
Cash Conversion Cycle | 190.89 | 403.31 | 321.56 | 280.03 | 297.92 | 261.31 | 275.70 | 289.61 | 130.14 | 250.72 | 169.13 | 208.68 |
Working Capital Days | 96.40 | 124.10 | 84.23 | 251.38 | 215.19 | 20.87 | -20.09 | -2.23 | -79.04 | 13.96 | 57.44 | 30.73 |
ROCE % | 18.67% | 43.87% | 45.57% | 24.92% | 17.80% | 18.47% | 21.69% | 16.48% | 32.93% | 20.41% | 19.26% | 14.90% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 17 Apr
- Compliance Certificate For The Year Ended 31-03-2024 As per Regulation 40(9) Of SEBI (LODR) Regulations, 2015. 15 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Apr
- Clarification On Delayed Submission Of The Proceedings Of The 49TH AGM Held On 09.08.2023. 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Profile:[1]
Company is currently manufacturing and supplying High Precision items viz.:
a) VDI Standard Tool Holders
b) Rectangular Tool Holders
c) Boring Bar Holders
d) Collect Chuck Holder
e) VDI Non-Standard