LKP Finance Ltd

LKP Finance Ltd

₹ 176 3.28%
12 Jun - close price
About

The Company is engaged in the business of finance and trading in shares and securities, derivatives etc. It is a Non-Banking Financial Institution (NBFI).[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 1,353 Cr.
  • Current Price 176
  • High / Low 236 / 86.5
  • Stock P/E 62.0
  • Book Value 63.2
  • Dividend Yield 0.00 %
  • ROCE 6.77 %
  • ROE 5.24 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 2.79 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.76% over last 3 years.
  • Earnings include an other income of Rs.64.6 Cr.
  • Promoter holding has decreased over last 3 years: -13.5%

* 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

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Dec 2025 Mar 2026
21.61 10.83 0.01 21.49 25.57 19.90 22.96 20.74 19.24 -13.04 -15.98 83.40 302.48
1.50 0.82 2.41 1.90 1.27 -1.42 10.25 0.97 1.42 0.75 7.88 100.96 300.77
Operating Profit 20.11 10.01 -2.40 19.59 24.30 21.32 12.71 19.77 17.82 -13.79 -23.86 -17.56 1.71
OPM % 93.06% 92.43% -24,000.00% 91.16% 95.03% 107.14% 55.36% 95.32% 92.62% -21.06% 0.57%
0.00 0.06 0.02 0.03 0.00 0.01 0.17 0.01 0.24 0.00 5.37 28.25 9.46
Interest 0.85 1.10 1.09 1.55 0.85 1.40 0.96 1.22 0.58 0.72 0.56 0.05 0.06
Depreciation 0.01 0.01 0.02 0.01 0.02 0.01 0.01 0.01 0.01 0.02 0.01 2.14 2.13
Profit before tax 19.25 8.96 -3.49 18.06 23.43 19.92 11.91 18.55 17.47 -14.53 -19.06 8.50 8.98
Tax % 4.05% 25.89% -16.05% 19.55% 16.77% 22.64% 16.04% 27.12% 0.34% -25.40% -4.20% 30.47% 31.29%
18.47 6.64 -2.94 14.53 19.50 15.41 10.00 13.51 17.41 -10.84 -18.27 5.91 6.17
EPS in Rs 2.40 0.86 -0.38 1.89 2.54 2.01 1.30 1.76 2.27 -1.41 -2.38 0.77 0.80
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
143 103 44 78 15 19 96 61 28 90 14 380
98 73 17 52 16 40 25 16 9 12 11 409
Operating Profit 44 30 27 26 -1 -21 71 45 20 78 3 -29
OPM % 31% 29% 60% 33% -8% -106% 74% 73% 69% 87% 22% -8%
0 2 0 1 30 0 1 0 0 0 2 65
Interest 20 20 14 5 2 2 3 3 4 5 3 0
Depreciation 4 1 0 0 0 0 0 0 0 0 0 6
Profit before tax 21 11 12 21 26 -23 70 42 16 73 2 29
Tax % 17% 31% 19% 6% 24% 0% 13% 13% 13% 19% 26% 25%
18 7 10 20 20 -23 61 37 14 59 2 22
EPS in Rs 2.38 0.99 1.34 2.59 2.58 -2.96 7.90 4.76 1.81 7.74 0.24 2.84
Dividend Payout % 70% 116% 24% 13% 19% -11% 4% 10% 9% 6% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 32%
3 Years: 138%
TTM: 2580%
Compounded Profit Growth
10 Years: 11%
5 Years: -18%
3 Years: 16%
TTM: 482%
Stock Price CAGR
10 Years: 32%
5 Years: 57%
3 Years: 127%
1 Year: 95%
Return on Equity
10 Years: 9%
5 Years: 8%
3 Years: 8%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 12 12 12 12 13 13 13 13 13 13 13 77
Reserves 141 138 110 131 157 132 241 277 284 344 334 408
166 144 96 56 36 36 46 82 121 85 36 1
53 59 18 2 2 6 17 14 7 15 3 29
Total Liabilities 373 354 236 202 208 186 316 385 425 456 386 515
14 13 3 3 2 2 2 2 2 2 0 50
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 31 37 66 50 113 82 205 182 246 337 178 350
328 304 168 149 93 103 110 202 177 118 208 116
Total Assets 373 354 236 202 208 186 316 385 425 456 386 515

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-13 1 -8 58 -2 -14 -13 -14 11 51 -107 12
41 18 -5 8 -45 18 8 -5 -56 -10 157 -108
-17 -10 16 -45 -27 -4 9 31 32 -46 -33 81
Net Cash Flow 12 9 3 20 -74 0 4 13 -13 -5 17 -16
Free Cash Flow -14 1 -9 57 -0 -14 -12 -14 11 51 -107 -22
CFO/OP -21% 12% -22% 248% -407% 60% -4% -13% 64% 72% -3,127% -56%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 232 309 85 0 393 220 27 10 9 0 0 14
Inventory Days 0
Days Payable
Cash Conversion Cycle 232 309 85 0 393 220 27 10 9 0 0 14
Working Capital Days 120 107 157 -79 -272 563 56 87 202 36 276 -5
ROCE % 14% 10% 10% 13% 14% -11% 30% 13% 5% 18% 1% 7%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Investment Portfolio Value
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Loan Book Size (Gross Loans & Advances)
INR Lakhs ・Standalone data
Number of Permanent Employees
Number ・Standalone data
Capital to Risk Assets Ratio (CRAR)
% ・Standalone data

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Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
63.62% 63.62% 63.62% 45.32% 45.32% 45.32% 45.32% 9.95% 61.21% 61.21% 50.08% 50.08%
3.56% 3.56% 0.00% 3.30% 5.62% 7.20% 7.20% 4.42% 2.56% 2.61% 4.98% 4.43%
0.00% 0.00% 0.00% 0.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 4.03% 4.63%
32.81% 32.82% 36.38% 51.18% 49.06% 47.47% 47.48% 85.63% 36.24% 36.10% 40.91% 40.86%
No. of Shareholders 5,4065,3175,2195,9357,4196,9927,0125,8755,6375,5555,6737,065

* 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.

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