Focus Lighting & Fixtures Ltd

Focus Lighting & Fixtures Ltd

₹ 154 -4.77%
08 May - close price
About

Incorporated in 2005, Focus Lighting & Fixtures Limited is engaged in manufacturing and trading of innovative LED lights and fixtures. [1]

Key Points

Products[1]
The Company offers a range of products for retail industry, office and home lighting, hospitality lighting, and lighting for infrastructure projects. It has a product range of cabinet lights, Dione Cove, EOS, Lightning systems, Pendant, Recessed, Semi-recessed, surface, track, and trimless. [2]

  • Market Cap 1,019 Cr.
  • Current Price 154
  • High / Low 218 / 95.0
  • Stock P/E 67.4
  • Book Value 15.0
  • Dividend Yield 0.20 %
  • ROCE 44.9 %
  • ROE 35.1 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 30.5% CAGR over last 5 years
  • Debtor days have improved from 111 to 80.0 days.
  • Company's median sales growth is 21.0% of last 10 years

Cons

  • Stock is trading at 10.2 times its book value
  • Promoter holding has decreased over last 3 years: -17.3%

* 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.

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
16.75 21.82 21.62 21.27 24.91 33.74 24.65 38.76 58.46 40.29 44.31 44.74 30.46
15.24 20.76 22.11 19.63 22.17 29.84 21.46 30.43 43.68 33.14 37.28 37.00 28.78
Operating Profit 1.51 1.06 -0.49 1.64 2.74 3.90 3.19 8.33 14.78 7.15 7.03 7.74 1.68
OPM % 9.01% 4.86% -2.27% 7.71% 11.00% 11.56% 12.94% 21.49% 25.28% 17.75% 15.87% 17.30% 5.52%
-0.19 0.37 0.04 0.25 0.17 0.48 0.30 0.24 0.14 0.03 1.29 1.20 1.22
Interest 0.25 0.27 0.12 0.26 0.19 0.17 0.23 0.28 0.23 0.19 0.27 0.19 0.21
Depreciation 1.15 0.98 0.51 0.77 0.88 0.89 0.95 0.93 1.09 1.29 1.06 1.46 1.59
Profit before tax -0.08 0.18 -1.08 0.86 1.84 3.32 2.31 7.36 13.60 5.70 6.99 7.29 1.10
Tax % -137.50% 238.89% 16.67% 40.70% 25.00% 17.77% -24.24% 29.62% 26.54% 22.98% 32.47% 23.59% 60.00%
-0.18 -0.26 -0.89 0.51 1.38 2.74 2.87 5.18 9.99 4.39 4.72 5.57 0.44
EPS in Rs -0.04 -0.05 -0.18 0.10 0.27 0.54 0.56 1.01 1.95 0.67 0.72 0.85 0.07
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
15 18 34 41 66 71 91 110 90 52 102 162 160
14 17 32 40 60 65 80 94 80 49 93 129 136
Operating Profit 1 1 2 1 5 6 11 16 10 3 8 33 24
OPM % 6% 7% 5% 3% 8% 8% 12% 14% 11% 5% 8% 21% 15%
-0 0 0 1 0 1 0 1 1 1 1 1 4
Interest 0 1 0 0 0 1 0 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 1 2 3 4 3 4 5
Profit before tax 0 1 1 2 5 6 10 13 6 -2 5 29 21
Tax % 28% 24% 34% 32% 36% 34% 40% 27% 33% 17% 28% 23%
0 0 1 1 3 4 6 10 4 -2 3 22 15
EPS in Rs 17.50 22.00 38.00 55.00 146.00 3.10 3.47 5.76 0.84 -0.32 0.69 3.42 2.31
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% 3% -0% -0% 15% 9%
Compounded Sales Growth
10 Years: 24%
5 Years: 12%
3 Years: 22%
TTM: 3%
Compounded Profit Growth
10 Years: 48%
5 Years: 30%
3 Years: 76%
TTM: -27%
Stock Price CAGR
10 Years: %
5 Years: 37%
3 Years: 229%
1 Year: 33%
Return on Equity
10 Years: 22%
5 Years: 20%
3 Years: 18%
Last Year: 35%

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 0 0 0 0 2 3 3 10 10 10 13 13
Reserves 3 3 4 5 8 9 18 28 25 24 27 78 87
3 4 3 4 4 0 2 3 4 5 3 3 -0
4 4 7 8 10 14 16 16 22 26 43 34 32
Total Liabilities 9 11 13 17 22 26 40 51 61 64 82 128 132
1 1 1 1 2 2 3 13 13 15 15 20 21
CWIP -0 -0 -0 -0 -0 0 4 1 -0 1 1 2 1
Investments -0 -0 -0 -0 -0 -0 -0 0 1 1 1 1 1
8 10 12 16 20 24 32 36 48 48 66 105 109
Total Assets 9 11 13 17 22 26 40 51 61 64 82 128 132

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
-2 -0 2 1 2 -0 2 6 3 3 5 -14
-0 -0 -0 -0 -0 -0 -6 -9 -3 -2 -4 -9
2 0 -1 1 0 -0 5 0 0 -1 -1 29
Net Cash Flow -0 0 0 1 2 -0 1 -2 -0 0 -0 6

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 64 85 78 65 54 70 72 64 109 149 105 80
Inventory Days 92 100 45 63 45 39 42 57 88 171 108 136
Days Payable 94 98 82 89 54 69 65 61 99 171 136 68
Cash Conversion Cycle 62 87 41 39 45 40 49 60 97 149 78 148
Working Capital Days 101 94 49 49 39 42 48 62 97 160 84 121
ROCE % 19% 23% 26% 48% 49% 56% 48% 18% -2% 15% 45%

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.36% 73.36% 73.36% 73.36% 72.66% 72.66% 72.66% 56.80% 56.80% 56.80% 56.09% 56.09%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.24% 0.00% 0.00% 0.00% 0.00%
26.64% 26.64% 26.64% 26.63% 26.38% 26.38% 26.38% 42.64% 42.88% 43.20% 42.67% 43.40%
No. of Shareholders 1881883657077051,1052,2903,2374,5398,12715,28316,249

* 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.

Click on the line-items to see the names of individual entities.

Documents