L. T. Elevator Ltd

L. T. Elevator Ltd

₹ 249 -3.97%
21 Jul - close price
About

Incorporated in August 2008, L. T. Elevator Limited provides Elevator system solutions, focusing on superior service, engineering, and technical solutions.[1]

Key Points

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.

  • Market Cap 478 Cr.
  • Current Price 249
  • High / Low 275 / 125
  • Stock P/E 50.0
  • Book Value 48.3
  • Dividend Yield 0.00 %
  • ROCE 17.5 %
  • ROE 13.9 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 46.6% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has high debtors of 171 days.
  • Working capital days have increased from 97.2 days to 184 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.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2024 Mar 2025 Sep 2025 Mar 2026
19.56 27.32 31.87 38.88
17.03 18.44 25.46 29.68
Operating Profit 2.53 8.88 6.41 9.20
OPM % 12.93% 32.50% 20.11% 23.66%
0.04 0.12 0.04 0.25
Interest 0.66 0.69 0.75 0.60
Depreciation 0.36 0.42 0.40 0.54
Profit before tax 1.55 7.89 5.30 8.31
Tax % 29.68% 29.40% 25.28% 32.49%
1.08 5.58 3.95 5.60
EPS in Rs 1.17 4.08 2.06 2.92
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
32.00 26.40 34.71 40.12 45.01 70.74
28.08 23.47 30.40 32.62 35.72 55.15
Operating Profit 3.92 2.93 4.31 7.50 9.29 15.59
OPM % 12.25% 11.10% 12.42% 18.69% 20.64% 22.04%
0.31 0.29 0.39 -0.25 0.16 0.30
Interest 1.41 1.52 1.69 1.80 1.87 1.34
Depreciation 0.89 0.78 0.67 0.71 0.79 0.94
Profit before tax 1.93 0.92 2.34 4.74 6.79 13.61
Tax % 26.94% 27.17% 29.91% 27.64% 33.87% 29.68%
1.41 0.67 1.64 3.44 4.49 9.56
EPS in Rs 186.51 88.62 3.56 7.46 3.29 4.99
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 17%
3 Years: 27%
TTM: 57%
Compounded Profit Growth
10 Years: %
5 Years: 47%
3 Years: 86%
TTM: 113%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 16%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
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 73.36
14.88 14.32 12.33 14.02 16.01 16.63
16.37 15.98 19.54 15.64 17.54 21.13
Total Liabilities 38.42 38.13 41.34 42.57 78.98 130.28
9.73 9.16 8.32 8.22 8.15 14.64
CWIP 0.00 0.00 0.22 0.00 0.00 0.00
Investments 1.76 1.76 1.76 0.00 20.47 28.47
26.93 27.21 31.04 34.35 50.36 87.17
Total Assets 38.42 38.13 41.34 42.57 78.98 130.28

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-3.58 -7.44 -13.28
3.09 5.81 23.64
0.48 1.48 -0.60
Net Cash Flow -0.02 -0.15 9.76
Free Cash Flow -3.57 -8.15 16.82
CFO/OP -37% -60% -71%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 130.60 123.19 125.24 103.62 155.46 170.74
Inventory Days 143.02 248.73 178.41 237.55 415.60 218.87
Days Payable 136.12 153.43 163.09 120.24 112.40 68.74
Cash Conversion Cycle 137.50 218.49 140.56 220.94 458.66 320.87
Working Capital Days -30.91 -72.17 -44.59 7.73 99.99 183.79
ROCE % 11.04% 17.43% 28.28% 19.60% 17.53%

Insights

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Mar 2023 Mar 2024 Mar 2025 May 2026
Private Sector Revenue Share
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Car Parking Capacity Utilization
%
Car Parking Units Produced
units
Elevator Capacity Utilization
%
Elevator Units Produced
units
Top 10 Customer Concentration
%
Total Employees
employees
Order Book
INR crores

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2025Mar 2026
62.92% 62.92%
2.18% 0.00%
9.24% 8.68%
25.68% 28.41%
No. of Shareholders 619711

* 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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