Lakshmi Electrical Control Systems Ltd
Incorporated in 1981, Lakshmi Electrical Control Systems manufactures and sells control panels and plastic components[1]
- Market Cap ₹ 244 Cr.
- Current Price ₹ 990
- High / Low ₹ 1,633 / 839
- Stock P/E 65.1
- Book Value ₹ 1,161
- Dividend Yield 0.40 %
- ROCE 2.30 %
- ROE 1.32 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.85 times its book value
- Company has been maintaining a healthy dividend payout of 27.3%
Cons
- Promoter holding is low: 36.1%
- Company has a low return on equity of 4.80% over last 3 years.
- Earnings include an other income of Rs.5.10 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
160 | 182 | 187 | 160 | 188 | 191 | 113 | 132 | 256 | 361 | 338 | 212 | |
153 | 172 | 174 | 149 | 173 | 180 | 113 | 128 | 236 | 334 | 322 | 207 | |
Operating Profit | 7 | 10 | 13 | 12 | 16 | 11 | -0 | 4 | 20 | 27 | 16 | 5 |
OPM % | 4% | 5% | 7% | 7% | 8% | 6% | -0% | 3% | 8% | 8% | 5% | 2% |
5 | 4 | 2 | 3 | 3 | 4 | 3 | 1 | 3 | 3 | 7 | 5 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
Profit before tax | 9 | 12 | 13 | 13 | 17 | 13 | 1 | 3 | 21 | 27 | 19 | 6 |
Tax % | 32% | 33% | 34% | 31% | 29% | 22% | 53% | -17% | 25% | 27% | 26% | 40% |
6 | 8 | 9 | 9 | 12 | 10 | 0 | 3 | 15 | 20 | 14 | 3 | |
EPS in Rs | 25.92 | 33.52 | 34.99 | 35.80 | 47.76 | 41.54 | 1.75 | 12.45 | 63.02 | 81.08 | 56.79 | 14.12 |
Dividend Payout % | 19% | 21% | 23% | 22% | 21% | 22% | 29% | 28% | 24% | 27% | 26% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 13% |
3 Years: | -6% |
TTM: | -37% |
Compounded Profit Growth | |
---|---|
10 Years: | -8% |
5 Years: | 55% |
3 Years: | -38% |
TTM: | -71% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 36% |
3 Years: | 15% |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Reserves | 76 | 82 | 89 | 135 | 167 | 168 | 132 | 174 | 211 | 230 | 279 | 283 |
3 | 1 | 3 | 22 | 5 | 5 | 0 | 11 | 6 | 8 | 7 | 10 | |
36 | 38 | 27 | 27 | 32 | 24 | 23 | 39 | 57 | 70 | 49 | 57 | |
Total Liabilities | 118 | 124 | 121 | 186 | 207 | 200 | 158 | 226 | 277 | 310 | 337 | 353 |
14 | 23 | 26 | 25 | 26 | 26 | 35 | 33 | 33 | 38 | 44 | 51 | |
CWIP | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 0 |
Investments | 11 | 11 | 1 | 59 | 103 | 100 | 70 | 103 | 126 | 130 | 177 | 185 |
93 | 88 | 93 | 102 | 77 | 75 | 53 | 89 | 116 | 141 | 113 | 116 | |
Total Assets | 118 | 124 | 121 | 186 | 207 | 200 | 158 | 226 | 277 | 310 | 337 | 353 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3 | -9 | 2 | 1 | 15 | 7 | 8 | -10 | 7 | 11 | 16 | 5 | |
0 | -8 | 9 | -18 | 4 | -4 | -1 | -1 | -1 | -8 | -9 | -5 | |
-0 | -4 | -1 | 17 | -19 | -3 | -8 | 10 | -6 | -3 | -7 | -1 | |
Net Cash Flow | -3 | -22 | 10 | 0 | -0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 66 | 70 | 88 | 97 | 78 | 99 | 124 | 95 | 90 | 65 | 100 |
Inventory Days | 42 | 51 | 38 | 41 | 42 | 49 | 81 | 108 | 54 | 40 | 41 | 70 |
Days Payable | 86 | 75 | 46 | 59 | 57 | 42 | 70 | 108 | 74 | 67 | 35 | 68 |
Cash Conversion Cycle | 13 | 42 | 62 | 71 | 82 | 85 | 110 | 124 | 75 | 62 | 70 | 103 |
Working Capital Days | 23 | 55 | 64 | 51 | 67 | 69 | 103 | 90 | 63 | 55 | 56 | 79 |
ROCE % | 12% | 15% | 15% | 11% | 10% | 7% | 1% | 3% | 10% | 12% | 7% | 2% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper publication - 44th AGM Notice and Remote Evoting, etc
- Weblink Letter For The Annual Report 2024-2025 25 Jul
- 44Th Annual General Meeting Notice 22 Jul
-
Reg. 34 (1) Annual Report.
22 Jul - 44th Annual Report FY25 and AGM notice with dividend, director changes, auditor appointments, related party transactions.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Jul - Newspaper publication - Special Window - Relodgement of transfer requests
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1][2]
LECS, part of the Lakshmi Group, specializes in manufacturing control panels for textile machinery, primarily supplying to Lakshmi Machine Works Ltd. The company also produces plastic components for automobile and engineering industries. Formerly, it collaborated with Sprecher+Schuh Switzerland for control gear manufacturing.