IKIO Lighting Ltd
Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions.[1]
- Market Cap ₹ 2,209 Cr.
- Current Price ₹ 286
- High / Low ₹ 477 / 277
- Stock P/E 76.4
- Book Value ₹ 60.6
- Dividend Yield 0.00 %
- ROCE 35.4 %
- ROE 27.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.8%
- Debtor days have improved from 34.5 to 24.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.15.4 Cr.
* 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
141 | 160 | 220 | 241 | 250 | |
114 | 129 | 180 | 202 | 214 | |
Operating Profit | 26 | 30 | 40 | 39 | 36 |
OPM % | 19% | 19% | 18% | 16% | 14% |
0 | 0 | 1 | 3 | 15 | |
Interest | 2 | 1 | 1 | 6 | 9 |
Depreciation | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 22 | 28 | 38 | 33 | 39 |
Tax % | 28% | 26% | 26% | 25% | |
16 | 21 | 28 | 25 | 29 | |
EPS in Rs | 3,198.00 | 4,116.00 | 11.20 | 3.79 | 3.86 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
TTM: | 10% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | 16% |
TTM: | -12% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0 | 0 | 25 | 65 | 77 |
Reserves | 28 | 48 | 51 | 36 | 391 |
8 | 5 | 16 | 25 | 5 | |
16 | 21 | 20 | 24 | 25 | |
Total Liabilities | 51 | 74 | 113 | 150 | 499 |
15 | 15 | 17 | 18 | 18 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 13 | 68 |
36 | 59 | 95 | 119 | 413 | |
Total Assets | 51 | 74 | 113 | 150 | 499 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
13 | -0 | -5 | 53 | |
-4 | -3 | -5 | -56 | |
-5 | -3 | 10 | 3 | |
Net Cash Flow | 5 | -6 | 0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 12 | 36 | 43 | 25 |
Inventory Days | 66 | 109 | 141 | 92 |
Days Payable | 54 | 60 | 35 | 38 |
Cash Conversion Cycle | 24 | 84 | 149 | 79 |
Working Capital Days | 36 | 85 | 123 | 123 |
ROCE % | 64% | 53% | 35% |
Documents
Announcements
- Compliances - Statement On Deviation Or Variation Of Funds Raised Though Initial Public Offer ('IPO') 18m
- Updation Of Contact Details Of Key Managerial Personnel Pursuant To Regulation 30(5) Of SEBI (LODR) Regulations, 2015 21h
- Board Meeting Outcome for Outcome Of Board Meeting Held On 13Th May, 2024 21h
- Announcement Under Regulation 30 (LODR) - Update Intimation Of Cancellation Of Analyst/Institutional Investor Meeting Scheduled To Be Held On April 18, 2024 16 Apr
- Announcement Under Reg. 30 (LODR) - Update On Approval Of E-Form INC-28 Given By Registrar Of Companies NCT Of Delhi & Haryana On Scheme Of Amalgamation Of Wholly-Owned Subsidiary Companies 15 Apr
Concalls
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Feb 2024Transcript PPT
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Nov 2023TranscriptPPT
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Nov 2023TranscriptNotesPPT REC
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
Product Portfolio[1]
<h1>IKIO Group caters to the distributor of USA’s</h1>1 LED Lights : High-End Home Decorative LED Lights, Indoor and Outdoor Lights, LED Lights for RVs.
2 Product Display Lighting : Interior LED Lights for product display including Commercial Refrigeration (CR)
3 Energy Solutions & Others : Solar Panels for RVs, ABS Pipes for RVs, IPS Stabilisers for CR, Rotary Switches, Fan Regulators & Assembly, Lithium Battery and USB Chargers.
The company has ~1000+ SKUs.
largest RV player (Forest River) and is well-placed to capture further wallet share by Expanding Product Offerings.[2]