Focus Lighting & Fixtures Ltd
Incorporated in 2005, Focus Lighting & Fixtures Limited is engaged in manufacturing and trading of innovative LED lights and fixtures. [1]
- 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.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
- Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent 8 May 2024
- Change in Management 30 April 2024
- Disclosure under SEBI Takeover Regulations 12 April 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 4 April 2024
- Analysts/Institutional Investor Meet/Con. Call Updates 3 April 2024
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Jul 2023TranscriptPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptPPT
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]