Loyal Equipments Ltd

Loyal Equipments Ltd

₹ 155 -2.21%
23 Feb - close price
About

Incorporated in 2007, Loyal Equipments Ltd does manufacturing of Industrial & Engineering Equipments[1]

Key Points

Business Overview:[1]
LEL is ISO 9001-2008 certified, ASME U, U2 & NB Stamp holder. It does design, manufacturing, supply and erection / commissioning of process equipment and other items for Oil /Gas, Petroleum, Chemical, Sugar, Steel, Fertilizers and Power Plant sector

  • Market Cap 158 Cr.
  • Current Price 155
  • High / Low 260 / 52.4
  • Stock P/E 23.3
  • Book Value 23.7
  • Dividend Yield 0.00 %
  • ROCE 22.8 %
  • ROE 30.6 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 24.7% CAGR over last 5 years
  • Company's working capital requirements have reduced from 197 days to 139 days

Cons

  • Stock is trading at 6.53 times its book value
  • Company has a low return on equity of 2.89% over last 3 years.

* 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: Engineering Industry: Engineering

Loading peers table ...

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
7.93 6.28 6.14 13.59 7.67 4.85 5.18 11.57 15.18 17.37 4.00 26.09 13.23
7.02 6.34 7.41 13.70 7.76 5.48 6.28 8.78 12.42 12.55 5.45 20.95 10.42
Operating Profit 0.91 -0.06 -1.27 -0.11 -0.09 -0.63 -1.10 2.79 2.76 4.82 -1.45 5.14 2.81
OPM % 11.48% -0.96% -20.68% -0.81% -1.17% -12.99% -21.24% 24.11% 18.18% 27.75% -36.25% 19.70% 21.24%
0.03 0.64 0.25 0.07 0.02 0.00 0.28 0.03 0.01 0.02 0.20 0.05 0.05
Interest 0.31 0.39 0.29 0.35 0.47 0.48 0.33 0.33 0.25 0.44 0.34 0.34 0.11
Depreciation 0.31 0.51 0.27 0.56 0.44 0.70 0.50 0.51 0.51 0.50 0.50 0.51 0.52
Profit before tax 0.32 -0.32 -1.58 -0.95 -0.98 -1.81 -1.65 1.98 2.01 3.90 -2.09 4.34 2.23
Tax % 43.75% -100.00% 12.03% -6.32% 0.00% 3.31% 3.03% 7.07% -10.45% 10.26% 0.48% 13.36% 27.80%
0.18 -0.65 -1.39 -1.00 -0.98 -1.76 -1.59 1.84 2.22 3.50 -2.08 3.75 1.61
EPS in Rs 0.18 -0.64 -1.36 -0.98 -0.96 -1.73 -1.56 1.80 2.18 3.43 -2.04 3.68 1.58
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
8.12 9.13 9.39 14.86 11.13 19.30 21.33 41.44 33.45 25.59 32.22 49.28 60.69
7.11 6.74 7.52 11.00 9.06 14.94 17.35 33.97 27.60 23.34 34.08 40.00 49.37
Operating Profit 1.01 2.39 1.87 3.86 2.07 4.36 3.98 7.47 5.85 2.25 -1.86 9.28 11.32
OPM % 12.44% 26.18% 19.91% 25.98% 18.60% 22.59% 18.66% 18.03% 17.49% 8.79% -5.77% 18.83% 18.65%
0.04 0.05 0.04 0.02 0.12 0.18 0.21 0.44 0.20 1.85 0.11 0.34 0.32
Interest 0.03 0.02 0.04 0.34 0.33 0.31 0.34 0.65 1.08 1.31 1.59 1.36 1.23
Depreciation 0.19 0.22 0.31 1.03 1.01 0.98 1.12 1.03 1.15 1.41 1.97 2.02 2.03
Profit before tax 0.83 2.20 1.56 2.51 0.85 3.25 2.73 6.23 3.82 1.38 -5.31 6.24 8.38
Tax % 28.92% 33.18% 33.33% 34.66% 37.65% 32.92% 27.11% 27.77% 24.61% 35.51% 3.77% 4.33%
0.59 1.47 1.04 1.64 0.53 2.18 1.99 4.50 2.88 0.89 -5.12 5.97 6.78
EPS in Rs 7.38 18.38 2.74 3.64 0.52 2.14 1.95 4.41 2.82 0.87 -5.02 5.85 6.65
Dividend Payout % 42.37% 17.01% 48.08% 18.29% 64.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 18%
5 Years: 18%
3 Years: 14%
TTM: 65%
Compounded Profit Growth
10 Years: 15%
5 Years: 25%
3 Years: 28%
TTM: 855%
Stock Price CAGR
10 Years: %
5 Years: 31%
3 Years: 74%
1 Year: 136%
Return on Equity
10 Years: 12%
5 Years: 10%
3 Years: 3%
Last Year: 31%

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 0.50 0.50 2.50 3.00 6.80 6.80 10.20 10.20 10.20 10.20 10.20 10.20 10.20
Reserves 1.16 2.34 1.80 3.36 2.73 4.89 3.23 7.75 10.61 11.44 6.34 12.32 13.99
0.28 0.15 2.06 3.70 4.06 4.04 2.35 7.71 9.08 15.43 15.59 12.10 12.95
2.14 3.29 4.00 2.79 5.61 4.08 8.95 5.27 7.05 13.46 13.56 16.73 17.72
Total Liabilities 4.08 6.28 10.36 12.85 19.20 19.81 24.73 30.93 36.94 50.53 45.69 51.35 54.86
1.17 1.97 2.28 5.40 5.08 5.13 5.47 4.88 9.11 10.31 16.08 14.22 13.50
CWIP 0.00 0.00 0.00 0.00 0.00 0.11 0.83 3.19 0.02 5.98 0.00 0.00 0.00
Investments 0.05 0.05 0.04 0.04 1.63 1.58 0.10 0.13 0.17 0.86 0.54 0.04 0.07
2.86 4.26 8.04 7.41 12.49 12.99 18.33 22.73 27.64 33.38 29.07 37.09 41.29
Total Assets 4.08 6.28 10.36 12.85 19.20 19.81 24.73 30.93 36.94 50.53 45.69 51.35 54.86

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
0.31 1.58 -1.46 1.11 2.39 -0.06 1.72 -0.68 0.80 2.91 -0.15 6.32
-0.15 -0.97 -0.98 -3.47 -2.55 -0.93 -0.74 -2.69 -2.28 -6.42 -0.95 0.54
-0.05 -0.41 2.24 1.80 3.31 -0.32 -2.64 5.24 0.60 5.04 -1.42 -4.85
Net Cash Flow 0.11 0.20 -0.20 -0.57 3.15 -1.31 -1.66 1.87 -0.87 1.52 -2.52 2.01

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 26.52 9.19 2.33 34.63 59.03 53.33 58.18 58.31 70.71 73.17 104.79 86.51
Inventory Days 110.92 213.12 323.31 209.17 420.26 225.92 416.72 210.69 474.79 588.67 286.24 282.99
Days Payable 113.17 192.71 234.42 68.64 89.37 58.01 165.43 51.72 134.25 239.06 125.64 125.96
Cash Conversion Cycle 24.27 29.61 91.22 175.16 389.92 221.24 309.47 217.28 411.25 422.78 265.38 243.54
Working Capital Days 8.09 10.39 125.55 114.22 115.11 131.06 144.94 133.79 211.58 273.71 179.89 138.87
ROCE % 43.00% 90.06% 34.22% 34.71% 9.98% 24.28% 19.42% 33.20% 17.64% 8.00% -10.75% 22.77%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
73.53% 73.53% 73.53% 73.53% 73.53% 73.53% 73.53% 73.53% 73.53% 73.53% 73.53% 73.53%
26.47% 26.47% 26.47% 26.47% 26.47% 26.47% 26.47% 26.47% 26.48% 26.46% 26.46% 26.48%
No. of Shareholders 6799511,0841,0271,2261,1941,1801,4281,6042,2732,2983,069

Documents