LKP Finance Ltd

LKP Finance Ltd

₹ 240 -0.74%
23 Feb - close price
About

Incorporated in 1948, LKP Securities Ltd is in the business of finance and trading & investment in shares and securities, derivatives etc.[1]

Key Points

Business Overview:[1][2]
Company is registered as a Non-Banking Financial Company with a presence in over 200 cities. It offers a range of solutions and services in multiple financial asset classes including brokerage services. Company is engaged in capital and debt market related activities viz. merchant banking, institutional equity, wholesale debt market, retail debt market, PF Advisory, research, retail equity, distribution and depository services of financial products (mutual funds and insurance). Group operates its merchant banking division only for the debt placements

  • Market Cap 302 Cr.
  • Current Price 240
  • High / Low 269 / 71.1
  • Stock P/E 6.96
  • Book Value 259
  • Dividend Yield 1.25 %
  • ROCE 4.41 %
  • ROE 4.18 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.93 times its book value

Cons

  • The company has delivered a poor sales growth of -20.4% over past five years.
  • Company has a low return on equity of 13.7% over last 3 years.
  • Working capital days have increased from 128 days to 232 days

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
29 20 44 21 4 -5 -4 20 9 -1 19 24 19
4 15 6 1 12 5 4 1 1 2 2 1 -1
Operating Profit 25 6 38 20 -8 -10 -8 19 9 -3 17 23 20
OPM % 86% 28% 85% 96% -210% 93% 91% 90% 95% 108%
1 0 -0 -0 0 -0 -0 -0 0 0 0 -0 0
Interest 1 1 0 1 0 1 1 1 1 1 1 1 1
Depreciation -0 -0 -0 -0 0 -0 -0 0 -0 0 0 0 0
Profit before tax 25 5 38 19 -8 -11 -8 18 8 -4 16 22 19
Tax % 18% -56% 15% 7% 13% 13% 6% 4% 22% 17% 19% 17% 23%
21 8 32 17 -7 -10 -8 17 6 -3 13 19 15
EPS in Rs 16.35 6.60 25.57 13.90 -5.70 -7.68 -6.37 13.71 4.81 -2.45 10.41 14.76 11.78
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
21 35 35 83 45 44 78 14 19 96 56 25 61
7 7 9 44 19 17 52 16 40 25 16 8 4
Operating Profit 14 27 26 40 27 27 26 -1 -21 71 40 17 57
OPM % 67% 78% 75% 47% 59% 60% 33% -8% -106% 74% 72% 66% 94%
1 0 0 0 2 0 1 30 0 1 -0 0 0
Interest 8 17 19 17 17 14 5 2 2 3 3 3 3
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 7 10 7 22 12 12 21 26 -23 70 37 14 54
Tax % 35% 35% -6% 21% 25% 19% 6% 24% -0% 13% 12% 10%
5 7 7 18 9 10 20 20 -23 61 33 12 43
EPS in Rs 3.71 5.49 6.13 14.54 7.27 8.25 15.87 15.77 -18.05 48.33 26.10 9.70 34.50
Dividend Payout % 54% 37% 33% 83% 96% 24% 13% 19% -11% 4% 11% 10%
Compounded Sales Growth
10 Years: -3%
5 Years: -20%
3 Years: 9%
TTM: 203%
Compounded Profit Growth
10 Years: 6%
5 Years: -9%
3 Years: 36%
TTM: 671%
Stock Price CAGR
10 Years: 18%
5 Years: 16%
3 Years: 29%
1 Year: 194%
Return on Equity
10 Years: 9%
5 Years: 9%
3 Years: 14%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 13 12 12 12 12 12 12 13 13 13 13 13 13
Reserves 142 142 146 146 145 112 133 159 134 243 275 281 313
110 142 79 106 67 95 56 36 36 46 82 87 65
9 26 8 14 37 18 2 2 6 17 13 6 11
Total Liabilities 274 322 245 279 261 238 203 209 188 318 383 387 402
0 1 1 1 1 1 2 0 0 0 0 0 0
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments 66 41 37 71 77 67 51 115 83 229 207 238 268
207 281 208 207 184 169 150 94 105 89 176 149 134
Total Assets 274 322 245 279 261 238 203 209 188 318 383 387 402

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-51 -53 59 -34 42 -8 58 -2 -14 -10 -16 -11
-6 26 5 30 18 -5 8 -45 18 5 -7 3
21 25 -66 10 -50 16 -45 -27 -4 9 32 -1
Net Cash Flow -37 -2 -2 6 11 3 20 -74 0 4 8 -9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 76 1 4 50 84 85 -0 395 220 27 11 10
Inventory Days
Days Payable
Cash Conversion Cycle 76 1 4 50 84 85 -0 395 220 27 11 10
Working Capital Days 2,886 2,421 1,827 716 841 947 183 675 598 51 101 232
ROCE % 6% 10% 10% 16% 12% 12% 12% 14% -11% 29% 12% 4%

Shareholding Pattern

Numbers in percentages

69 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62%
2.08% 3.52% 2.40% 3.56% 3.56% 3.56% 3.56% 3.56% 3.56% 3.56% 3.56% 0.00%
0.00% 0.01% 0.00% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
34.30% 32.85% 33.97% 32.81% 32.81% 32.81% 32.82% 32.81% 32.81% 32.81% 32.82% 36.38%
No. of Shareholders 4,1854,3125,2785,4665,4965,5265,4735,3985,4185,4065,3175,219

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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