LAPL Automotive Ltd
Incorporated in 2004, LAPL Automotive Pvt.
Ltd. is engaged in the business of designing, manufacturing and supplying a wide range
of automotive components and accessories.[1]
- Market Cap ₹ 144 Cr.
- Current Price ₹ 115
- High / Low ₹ 139 / 97.6
- Stock P/E 16.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 34.2 %
- ROE 41.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 62.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%
Cons
- Debtor days have increased from 59.6 to 76.1 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
Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 33.07 | 60.07 | 60.72 | 65.98 | 93.20 | |
| 30.71 | 57.46 | 55.57 | 57.13 | 78.29 | |
| Operating Profit | 2.36 | 2.61 | 5.15 | 8.85 | 14.91 |
| OPM % | 7.14% | 4.34% | 8.48% | 13.41% | 16.00% |
| 0.01 | 0.64 | 0.30 | 1.10 | 1.06 | |
| Interest | 0.37 | 0.53 | 0.95 | 1.35 | 1.76 |
| Depreciation | 0.99 | 1.26 | 1.38 | 1.73 | 2.53 |
| Profit before tax | 1.01 | 1.46 | 3.12 | 6.87 | 11.68 |
| Tax % | 24.75% | 17.81% | 30.45% | 26.64% | 26.11% |
| 0.76 | 1.21 | 2.17 | 5.03 | 8.63 | |
| EPS in Rs | 1.38 | 1.38 | 2.47 | 5.72 | 9.81 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 16% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 63% |
| 3 Years: | 92% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| Last Year: | 41% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 2.00 | 3.20 | 3.20 | 8.80 | 8.80 |
| Reserves | 2.99 | 5.25 | 8.39 | 7.83 | 16.45 |
| 4.15 | 7.97 | 13.37 | 15.79 | 20.99 | |
| 8.50 | 8.27 | 7.83 | 11.92 | 16.44 | |
| Total Liabilities | 17.64 | 24.69 | 32.79 | 44.34 | 62.68 |
| 4.98 | 7.24 | 9.95 | 20.63 | 22.99 | |
| CWIP | 0.00 | 2.14 | 6.45 | 0.57 | 0.92 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 12.66 | 15.31 | 16.39 | 23.14 | 38.77 | |
| Total Assets | 17.64 | 24.69 | 32.79 | 44.34 | 62.68 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0.74 | 3.64 | 3.50 | 2.64 | 1.95 | |
| 0.06 | -4.94 | -8.41 | -6.46 | -5.79 | |
| -0.73 | 3.38 | 4.98 | 1.44 | 3.94 | |
| Net Cash Flow | 0.07 | 2.08 | 0.07 | -2.38 | 0.10 |
| Free Cash Flow | -0.36 | -1.05 | -5.18 | -3.89 | -3.85 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 42% | 149% | 86% | 44% | 39% |
Ratios
| Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 57.61 | 26.49 | 41.72 | 61.07 | 76.09 |
| Inventory Days | 95.93 | 60.09 | 51.67 | 87.55 | 94.31 |
| Days Payable | 115.88 | 57.14 | 48.96 | 67.72 | 75.31 |
| Cash Conversion Cycle | 37.67 | 29.44 | 44.43 | 80.91 | 95.09 |
| Working Capital Days | 11.81 | 6.81 | -11.36 | 2.60 | 14.73 |
| ROCE % | 19.67% | 28.65% | 34.17% |
Documents
Announcements
-
LAPL AUTOMOTIVE LIMITED - Business Update Of The Company For The Half Year Ended September 30, 2026.
- LAPL added a global customer, began supplies to SAMARTH E-MOBILITY, and adapted headlamps for EULER.
-
LAPL AUTOMOTIVE LIMITED - Business Update Of The Company For The Half Year Ended September 30, 2026.
- H1 FY26 business update: listed on BSE SME, started Unit IV construction, added vendor codes and products.
-
Intimation Regarding Addition Of New Products To The Product Portfolio
- LAPL Automotive added Bus Mirror, Rear Reflector and Splendor Rotor to its product portfolio on 8 Oct 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of SEBI( Depositories and Participants) Regulation, 2018 for Quarter ended 30th September 2026
-
Closure of Trading Window
- Trading window closed from 1 October 2026 until 48 hours after 30 September 2026 half-year results.
Concalls
-
Sep 2026PPT
Business Profile:[1]
LAPL is an integrated automotive components manufacturer operating under both ODM (Original Design Manufacturing) and OBM (Original Brand Manufacturing) models. The company designs, develops and manufactures automotive lighting systems, mirrors, starter motors, wiper motors, rotors, stators, BLDC fans and plastic moulded automotive components for automobile OEMs across passenger vehicles, commercial vehicles, two-wheelers, three-wheelers and electric vehicles.