Lakshmi Electrical Control Systems Ltd

Lakshmi Electrical Control Systems Ltd

₹ 1,784 0.07%
03 May 11:14 a.m.
About

Incorporated in 1981, Lakshmi Electrical Control Systems manufactures and sells control panels and plastic components[1]

Key Points

Business Overview:[1][2]
LECS is a part of Lakshmi Group. It was formerly in collaboration with Sprecher+Schuh Switzerland to manufacture Control gear. LECS manufactures control panels for textile machinery and generates most of its revenue from Laxmi Machine Works Ltd, and supplies
control panels, which are used in manufacture of textile machinery. Additionally, company manufactures plastic components which are used in automobile and engineering industries.

  • Market Cap 439 Cr.
  • Current Price 1,784
  • High / Low 2,175 / 1,032
  • Stock P/E 44.6
  • Book Value 189
  • Dividend Yield 1.23 %
  • ROCE 16.0 %
  • ROE 23.3 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 9.49 times its book value
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF
Upcoming result date: 23 May 2024

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: 22%
5 Years: 28%
3 Years: 81%
1 Year: 69%
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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
36.13% 36.13% 36.13% 36.13% 36.13% 36.14% 36.14% 36.14% 36.14% 36.14% 36.14% 36.14%
63.86% 63.86% 63.86% 63.86% 63.86% 63.86% 63.85% 63.86% 63.86% 63.86% 63.86% 63.86%
No. of Shareholders 8,6849,1419,0379,0169,0309,1419,1149,1229,0319,84110,30210,153

Documents