Lakshmi Electrical Control Systems Ltd
Incorporated in 1981, Lakshmi Electrical Control Systems manufactures and sells control panels and plastic components[1]
- Market Cap ₹ 237 Cr.
- Current Price ₹ 965
- High / Low ₹ 1,476 / 839
- Stock P/E 24.1
- Book Value ₹ 189
- Dividend Yield 0.41 %
- ROCE 16.0 %
- ROE 23.3 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding is low: 36.1%
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| 83 | 107 | 159 | |
| 67 | 86 | 134 | |
| Operating Profit | 17 | 21 | 25 |
| OPM % | 20% | 20% | 16% |
| 1 | 2 | 3 | |
| Interest | 2 | 3 | 4 |
| Depreciation | 4 | 5 | 8 |
| Profit before tax | 11 | 14 | 15 |
| Tax % | 35% | 33% | 35% |
| 7 | 10 | 10 | |
| EPS in Rs | 30.07 | 39.34 | 40.03 |
| Dividend Payout % | 17% | 13% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 29% |
| 3 Years: | 7% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| Equity Capital | 2 | 2 | 2 |
| Reserves | 27 | 36 | 44 |
| 36 | 56 | 88 | |
| 18 | 21 | 55 | |
| Total Liabilities | 84 | 115 | 190 |
| 36 | 48 | 67 | |
| CWIP | 0 | 5 | 34 |
| Investments | 1 | 1 | 1 |
| 47 | 61 | 88 | |
| Total Assets | 84 | 115 | 190 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| 5 | 8 | 14 | |
| -11 | -21 | -55 | |
| 6 | 15 | 41 | |
| Net Cash Flow | 0 | 2 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| Debtor Days | 55 | 64 | 65 |
| Inventory Days | 193 | 152 | 132 |
| Days Payable | 85 | 67 | 102 |
| Cash Conversion Cycle | 163 | 148 | 95 |
| Working Capital Days | 138 | 144 | 114 |
| ROCE % | 22% | 16% |
Documents
Announcements
- Voting Results Of 44Th Annual General Meeting Held On 25.08.2025 25 Aug
-
Announcement under Regulation 30 (LODR)-Change in Management
25 Aug - Aug 25, 2025 AGM approved two director appointments, Arjun Balu reappointment, MDS secretarial auditor, Sanjay retired.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
25 Aug - 44th AGM on 25 Aug 2025: all 10 resolutions passed; dividend declared; related-party approvals with LMW, Lakshmi Precision.
-
Proceedings And Outcome Of 44Th Annual General Meeting Held On 25.08.2025
25 Aug - 44th AGM: Rs4/share dividend; RPTs approved up to Rs450Cr (LMW) and Rs100Cr (Lakshmi Precision).
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
25 Aug - 44th AGM (25 Aug 2025): Rs.4/share dividend; approvals for RPTs up to Rs.450Cr and Rs.100Cr; director appointments.
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.