Lippi Systems Ltd
Incorporated in 1995, Lippi Systems Ltd manufactures Roto Gravure Printing Cylinder and generates power from wind turbine generator[1]
- Market Cap ₹ 102 Cr.
- Current Price ₹ 146
- High / Low ₹ 146 / 19.9
- Stock P/E 27.1
- Book Value ₹ 35.6
- Dividend Yield 0.00 %
- ROCE 20.8 %
- ROE 16.4 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.10 times its book value
- Company has a low return on equity of 3.26% over last 3 years.
- Earnings include an other income of Rs.7.99 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 Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22.57 | 14.46 | 15.56 | 16.02 | 15.95 | 13.83 | 13.09 | 10.57 | -0.02 | -0.02 | -0.02 | 0.00 | |
| 20.10 | 11.68 | 11.49 | 13.06 | 13.59 | 12.52 | 12.29 | 11.59 | 1.93 | 1.06 | 0.76 | 2.18 | |
| Operating Profit | 2.47 | 2.78 | 4.07 | 2.96 | 2.36 | 1.31 | 0.80 | -1.02 | -1.95 | -1.08 | -0.78 | -2.18 |
| OPM % | 10.94% | 19.23% | 26.16% | 18.48% | 14.80% | 9.47% | 6.11% | -9.65% | ||||
| 0.96 | 0.69 | 1.26 | 1.13 | 1.06 | 1.30 | 0.82 | 3.97 | 0.64 | 0.79 | 0.52 | 7.99 | |
| Interest | 1.47 | 1.53 | 1.35 | 0.96 | 1.06 | 0.99 | 0.68 | 0.45 | 0.00 | 0.01 | 0.00 | 0.04 |
| Depreciation | 1.32 | 1.14 | 1.46 | 1.49 | 1.49 | 1.40 | 1.45 | 1.30 | 0.87 | 0.86 | 0.83 | 0.71 |
| Profit before tax | 0.64 | 0.80 | 2.52 | 1.64 | 0.87 | 0.22 | -0.51 | 1.20 | -2.18 | -1.16 | -1.09 | 5.06 |
| Tax % | 17.19% | 33.75% | 34.13% | 40.85% | 5.75% | 18.18% | -17.65% | 29.17% | -25.69% | -25.86% | -32.11% | 25.49% |
| 0.54 | 0.53 | 1.66 | 0.96 | 0.83 | 0.18 | -0.42 | 0.84 | -1.62 | -0.86 | -0.74 | 3.77 | |
| EPS in Rs | 0.77 | 0.76 | 2.37 | 1.37 | 1.19 | 0.26 | -0.60 | 1.20 | -2.31 | -1.23 | -1.06 | 5.39 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 61% |
| 3 Years: | 63% |
| TTM: | 624% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 62% |
| 3 Years: | 122% |
| 1 Year: | 523% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -1% |
| 3 Years: | 3% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| 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 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Reserves | 12.70 | 13.23 | 15.13 | 16.09 | 16.89 | 17.05 | 16.66 | 17.34 | 15.73 | 14.87 | 14.13 | 17.91 |
| 12.06 | 13.61 | 15.61 | 9.12 | 6.90 | 6.34 | 6.53 | 0.45 | 0.17 | 0.81 | 0.03 | 2.96 | |
| 1.82 | 2.85 | 4.28 | 6.59 | 4.40 | 3.58 | 3.47 | 2.58 | 1.69 | 1.27 | 0.84 | 1.25 | |
| Total Liabilities | 33.58 | 36.69 | 42.02 | 38.80 | 35.19 | 33.97 | 33.66 | 27.37 | 24.59 | 23.95 | 22.00 | 29.12 |
| 12.20 | 17.14 | 17.32 | 16.83 | 15.34 | 14.94 | 13.73 | 8.20 | 7.43 | 6.57 | 5.66 | 2.47 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 21.13 | 19.30 | 24.45 | 21.72 | 19.60 | 18.76 | 19.93 | 19.17 | 17.16 | 17.38 | 16.34 | 26.65 | |
| Total Assets | 33.58 | 36.69 | 42.02 | 38.80 | 35.19 | 33.97 | 33.66 | 27.37 | 24.59 | 23.95 | 22.00 | 29.12 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.38 | 5.14 | 4.66 | 4.45 | 1.22 | 1.43 | 2.52 | -1.05 | -0.32 | -1.40 | 2.09 | -15.24 | |
| -0.78 | -5.97 | -5.26 | 1.83 | 1.53 | -0.10 | -1.81 | 6.98 | 0.43 | 0.72 | 0.55 | 10.45 | |
| 1.07 | 0.87 | 0.64 | -6.33 | -2.76 | -1.34 | -0.71 | -5.73 | -0.28 | 0.64 | -0.78 | 2.94 | |
| Net Cash Flow | -0.09 | 0.04 | 0.05 | -0.05 | -0.01 | -0.02 | -0.01 | 0.19 | -0.17 | -0.04 | 1.86 | -1.85 |
| Free Cash Flow | -1.47 | -0.94 | 3.01 | 3.43 | 1.42 | 0.42 | 2.27 | 6.51 | -0.43 | -1.38 | 2.15 | -5.46 |
| CFO/OP | -15% | 190% | 122% | 166% | 67% | 121% | 330% | 106% | 16% | 131% | -268% | 699% |
Ratios
Figures in Rs. Crores
| 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 | 116.92 | 146.15 | 139.34 | 136.25 | 131.58 | 152.81 | 126.87 | 48.34 | -8,577.50 | -10,220.00 | -10,767.50 | |
| Inventory Days | 53.61 | 125.92 | 208.17 | 173.07 | 134.56 | 176.77 | 140.51 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Days Payable | 13.06 | 39.99 | 60.68 | 178.81 | 83.52 | 59.24 | 58.14 | |||||
| Cash Conversion Cycle | 157.48 | 232.08 | 286.83 | 130.51 | 182.62 | 270.34 | 209.24 | 48.34 | -8,577.50 | -10,220.00 | -10,767.50 | |
| Working Capital Days | -10.67 | -8.08 | 12.43 | 0.23 | 23.11 | 42.49 | 23.42 | 128.11 | 47,997.50 | 43,252.50 | 61,867.50 | |
| ROCE % | 6.94% | 7.13% | 10.81% | 7.46% | 6.13% | 3.96% | 0.56% | -6.11% | -9.14% | -5.09% | -4.88% | 20.80% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity Consumption per Unit of Production Units per Sq. Meter |
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| Production Volume of Engraved Cylinders Square Meters |
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| Total Number of Permanent Employees Numbers |
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| Manufacturing Capacity Utilization Percentage |
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| Number of Wind Turbine Machines Numbers |
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Extracted by Screener AI
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Outcome of EGM
15h - EGM held on 14 June 2026 approved capital increase and preferential issue of convertible equity warrants.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 1d
- CORRIGENDUM TO THE NOTICE OF EXTRA ORDINARY GENERAL MEETING (EGM) SCHEDULE TO BE HELD ON JUNE 14, 2026, SUNDAY AT 11:30 A.M. 5 Jun
-
Announcement under Regulation 30 (LODR)-Retirement
4 Jun - Board appointed Mansi Hardik Shah as additional director; Govindlal C. Thakkar completed term on May 30, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Jun - Lippi Systems appointed Mansi Hardik Shah as independent director; Govindlal C. Thakkar's term ended, committees reconstituted.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2009
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Financial Year 2008
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Business Overview:[1][2][3]
Company manufactures electronically engraved gravure cylinders for Roto Gravure printing of flexible packaging and decorative laminates.
Its infrastructure comprises of copper plating plant, polishing machines, digital engraving machines, chrome plating machines and proofing presses for digital engravings. Company has marketing offices with pre-press setups in all metros of India. It is also engaged in trading of goods