L. T. Elevator Ltd
Incorporated in August 2008, L. T. Elevator Limited provides Elevator system solutions, focusing on superior service, engineering, and technical solutions.[1]
- Market Cap ₹ 357 Cr.
- Current Price ₹ 186
- High / Low ₹ 236 / 125
- Stock P/E 37.5
- Book Value ₹ 48.1
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 15.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 155 days.
- Working capital days have increased from 21.0 days to 100.0 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 32.00 | 26.40 | 34.71 | 40.12 | 45.01 | 59.19 | |
| 28.08 | 23.47 | 30.40 | 32.62 | 35.72 | 43.90 | |
| Operating Profit | 3.92 | 2.93 | 4.31 | 7.50 | 9.29 | 15.29 |
| OPM % | 12.25% | 11.10% | 12.42% | 18.69% | 20.64% | 25.83% |
| 0.31 | 0.29 | 0.39 | -0.25 | 0.16 | 0.16 | |
| Interest | 1.41 | 1.52 | 1.69 | 1.80 | 1.87 | 1.44 |
| Depreciation | 0.89 | 0.78 | 0.67 | 0.71 | 0.79 | 0.82 |
| Profit before tax | 1.93 | 0.92 | 2.34 | 4.74 | 6.79 | 13.19 |
| Tax % | 26.94% | 27.17% | 29.91% | 27.64% | 33.87% | |
| 1.41 | 0.67 | 1.64 | 3.44 | 4.49 | 9.53 | |
| EPS in Rs | 186.51 | 88.62 | 3.56 | 7.46 | 3.29 | 6.14 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 89% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 20% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.08 | 0.08 | 4.61 | 4.61 | 13.67 | 19.16 |
| Reserves | 7.09 | 7.75 | 4.86 | 8.30 | 31.76 | 73.09 |
| 14.88 | 14.32 | 12.33 | 14.02 | 16.01 | 1.80 | |
| 16.37 | 15.98 | 19.54 | 15.64 | 17.54 | 17.27 | |
| Total Liabilities | 38.42 | 38.13 | 41.34 | 42.57 | 78.98 | 111.32 |
| 9.73 | 9.16 | 8.32 | 8.22 | 8.15 | 9.40 | |
| CWIP | -0.00 | -0.00 | 0.22 | -0.00 | -0.00 | 1.55 |
| Investments | 1.76 | 1.76 | 1.76 | -0.00 | 20.47 | 20.47 |
| 26.93 | 27.21 | 31.04 | 34.35 | 50.36 | 79.90 | |
| Total Assets | 38.42 | 38.13 | 41.34 | 42.57 | 78.98 | 111.32 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -3.58 | -7.44 | ||||
| 3.09 | 5.81 | ||||
| 0.48 | 1.48 | ||||
| Net Cash Flow | -0.02 | -0.15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 130.60 | 123.19 | 125.24 | 103.62 | 155.46 |
| Inventory Days | 143.02 | 248.73 | 178.41 | 237.55 | 415.60 |
| Days Payable | 136.12 | 153.43 | 163.09 | 120.24 | 112.40 |
| Cash Conversion Cycle | 137.50 | 218.49 | 140.56 | 220.94 | 458.66 |
| Working Capital Days | -30.91 | -72.17 | -44.59 | 7.73 | 99.99 |
| ROCE % | 11.04% | 17.43% | 28.28% | 19.60% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
23 Jan - Transcript of Investor Conference Call held on 19th January, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Jan - The Company will be hosting an investor conference call to discuss about the recent acquisition of Ricardo Elevators and overall business outlook on Monday; 19 …
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Power Point Presentation
9 Jan - Proposed merger with Ricardo Elevators; combined order book ₹289 Cr; target capex go-live Q4'FY27.
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Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
9 Jan - Board approved binding term sheet to merge Ricardo Elevators; Ricardo generates ₹6 crore monthly order inflows.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Jan - Board approved binding term sheet to merge Ricardo Elevators; Ricardo reports ₹6 crore/month order inflows.
Concalls
-
Jan 2026TranscriptPPT
Business Profile[1]
L. T. Elevator Limited is engaged in the design, manufacturing, installation, commissioning, and maintenance of elevators, operating under both EPC and O&M models, with recurring revenues from AMC. The company has a strong focus on eastern India, with notable projects in Silchar and Imphal smart cities. Through its subsidiary, Park Smart Solutions, it also delivers turnkey automated multi-level car parking systems, covering EPC and O&M services.