Lorenzini Apparels Ltd

Lorenzini Appar. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Lorenzini Apparels Ltd

₹ 25.5 -1.35%
26 Apr - close price
mymonteil.com BSE: 540952 NSE - BE : LAL
About

Incorporated in 2007, Lorenzini Apparels Ltd manufactures, designs, and markets ready-made garments[1]

Key Points

Business Overview:[1]
LPL is in the business of manufacturing, designing and marketing of ready-made garments offering a range of formal, semiformal and casual wear for men and women. Its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. It also outsources garment manufacturing to third party contractors

Website BSE NSE - BE
  • Market Cap ₹ 400 Cr.
  • Current Price ₹ 25.5
  • High / Low ₹ 33.0 / 10.3
  • Stock P/E 72.4
  • Book Value ₹ 1.15
  • Dividend Yield 0.00 %
  • ROCE 17.1 %
  • ROE 17.8 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 41.7% CAGR over last 5 years

Cons

  • Stock is trading at 22.2 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 7.08% 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: Textiles Industry: Textiles - Processing

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Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
12.16 10.34 14.20 17.91 12.68
10.79 8.52 11.89 14.46 10.42
Operating Profit 1.37 1.82 2.31 3.45 2.26
OPM % 11.27% 17.60% 16.27% 19.26% 17.82%
0.05 0.10 0.05 0.58 1.72
Interest 0.37 0.36 0.31 0.31 0.38
Depreciation 0.76 0.81 0.80 0.78 0.79
Profit before tax 0.29 0.75 1.25 2.94 2.81
Tax % 37.93% 29.33% 40.00% 36.39% 15.30%
0.17 0.54 0.74 1.87 2.37
EPS in Rs 0.01 0.03 0.05 0.12 0.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
11.32 13.76 13.16 14.12 12.08 16.43 23.31 25.47 34.97 25.49 24.43 43.76 55.13
11.20 13.61 12.72 13.62 11.60 15.57 22.17 24.30 33.57 24.39 21.24 36.02 45.29
Operating Profit 0.12 0.15 0.44 0.50 0.48 0.86 1.14 1.17 1.40 1.10 3.19 7.74 9.84
OPM % 1.06% 1.09% 3.34% 3.54% 3.97% 5.23% 4.89% 4.59% 4.00% 4.32% 13.06% 17.69% 17.85%
0.00 0.00 0.00 0.04 0.03 0.01 0.00 0.00 0.11 0.23 0.17 0.19 2.45
Interest 0.00 0.00 0.19 0.20 0.33 0.39 0.34 0.24 0.47 0.59 0.94 1.27 1.36
Depreciation 0.00 0.00 0.21 0.30 0.23 0.15 0.22 0.23 0.36 0.48 1.86 2.89 3.18
Profit before tax 0.12 0.15 0.04 0.04 -0.05 0.33 0.58 0.70 0.68 0.26 0.56 3.77 7.75
Tax % 41.67% 33.33% 175.00% -50.00% 20.00% 36.36% 24.14% 8.57% 47.06% 69.23% 80.36% 33.16%
0.08 0.09 -0.05 0.06 -0.03 0.21 0.44 0.64 0.37 0.08 0.12 2.52 5.52
EPS in Rs 0.06 0.03 0.04 0.02 0.01 0.01 0.16 0.35
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: 13%
5 Years: 13%
3 Years: 8%
TTM: 79%
Compounded Profit Growth
10 Years: 49%
5 Years: 42%
3 Years: 89%
TTM: 1992%
Stock Price CAGR
10 Years: %
5 Years: 136%
3 Years: 273%
1 Year: 148%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 7%
Last Year: 18%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 0.01 0.01 0.01 2.28 10.14 10.14 10.14 10.14 10.14 10.14 10.14
Reserves 0.25 0.34 0.30 0.45 0.41 0.86 0.59 1.22 1.59 1.67 2.73 5.27 7.88
1.02 1.00 1.10 2.30 1.96 2.23 0.93 3.26 5.98 8.94 14.54 15.88 14.76
3.99 3.79 5.01 2.81 2.75 4.73 6.31 7.00 8.96 6.75 8.14 10.23 14.90
Total Liabilities 5.27 5.14 6.42 5.57 5.13 10.10 17.97 21.62 26.67 27.50 35.55 41.52 47.68
0.43 0.73 0.71 1.90 1.82 1.88 1.72 1.70 2.22 2.30 8.51 8.23 6.88
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 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.30 0.32 0.32 0.33 0.40 1.28
4.84 4.41 5.71 3.67 3.31 8.22 16.25 19.62 24.13 24.88 26.71 32.89 39.52
Total Assets 5.27 5.14 6.42 5.57 5.13 10.10 17.97 21.62 26.67 27.50 35.55 41.52 47.68

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 0.65 1.19 -2.43 -6.25 0.41 0.09 0.34 3.11 2.06
0.00 0.00 -1.37 -0.63 -0.13 -0.22 -0.51 -0.90 -0.55 -0.78 -1.41
0.00 0.00 1.00 -0.51 2.15 7.26 -0.48 1.16 -0.03 -1.84 -1.28
Net Cash Flow 0.00 0.00 0.28 0.04 -0.41 0.79 -0.58 0.35 -0.25 0.49 -0.63

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 6.13 6.63 8.88 17.84 10.58 61.31 38.36 67.50 69.72 78.04 76.20 71.98
Inventory Days 225.72 54.04 88.84 182.32 271.94 270.53 216.87 336.62 644.20 353.36
Days Payable 188.41 103.34 110.35 126.22 95.33 124.73 108.43 122.43 214.51 120.32
Cash Conversion Cycle 6.13 6.63 46.18 -31.46 -10.93 117.41 214.98 213.29 178.16 292.23 505.89 305.02
Working Capital Days 26.44 28.38 12.20 10.86 -5.44 86.42 153.61 163.66 138.51 233.12 250.85 179.83
ROCE % 10.91% 11.41% 16.67% 10.89% 18.58% 10.80% 7.15% 7.11% 4.42% 6.23% 17.10%

Shareholding Pattern

Numbers in percentages

5 Recently
Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.91% 55.91% 56.01% 56.60% 56.99% 60.25% 62.91% 62.91% 62.91% 62.91% 62.91% 62.91%
44.09% 44.09% 43.99% 43.40% 43.01% 39.75% 37.10% 37.10% 37.09% 37.10% 37.10% 37.08%
No. of Shareholders 238229206175163120981375275327269,016

Documents

Announcements

Annual reports

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