IKIO Technologies Ltd

IKIO Technologies Ltd

₹ 212 -1.85%
16 Jul 2:10 p.m.
About

Incorporated in 2016, IKIO Lighting Ltd manufactures and sells LED Lighting[1]

Key Points

Business Overview:[1][2]
IKIO Technologies is an Original Design Manufacturer (ODM) and Electronics manufacturing services (EMS) company focused on high-end LED lighting solutions, product display lighting, energy solutions, and diversified electronics products. The company designs, develops, manufactures and supplies products largely under customer brands, backed by in-house R&D and deep backward integration.

  • Market Cap 1,638 Cr.
  • Current Price 212
  • High / Low 253 / 104
  • Stock P/E 111
  • Book Value 64.1
  • Dividend Yield 0.00 %
  • ROCE 4.62 %
  • ROE 3.03 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.26 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.24% over past five years.
  • Company has a low return on equity of 5.34% over last 3 years.
  • Earnings include an other income of Rs.14.6 Cr.
  • Dividend payout has been low at 8.98% of profits over last 3 years

* 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
57.94 61.52 67.52 59.42 52.51 66.57 57.70 45.13 38.33 38.69 49.01 44.17 37.96
51.08 51.57 57.32 53.97 49.43 59.33 52.57 41.28 36.93 37.09 44.81 41.59 35.71
Operating Profit 6.86 9.95 10.20 5.45 3.08 7.24 5.13 3.85 1.40 1.60 4.20 2.58 2.25
OPM % 11.84% 16.17% 15.11% 9.17% 5.87% 10.88% 8.89% 8.53% 3.65% 4.14% 8.57% 5.84% 5.93%
1.46 1.86 6.71 5.36 5.32 6.48 4.81 4.48 4.06 4.14 3.78 3.81 2.86
Interest 1.49 1.92 1.42 1.32 1.13 1.19 1.29 1.14 0.57 0.75 0.83 0.81 0.57
Depreciation 0.78 0.68 0.77 0.66 0.88 0.68 0.72 0.74 0.75 0.61 0.69 0.66 0.66
Profit before tax 6.05 9.21 14.72 8.83 6.39 11.85 7.93 6.45 4.14 4.38 6.46 4.92 3.88
Tax % 21.49% 26.28% 27.99% 23.22% 29.58% 26.84% 16.27% 20.93% 23.19% 24.66% 24.46% 25.00% 25.52%
4.76 6.78 10.60 6.79 4.51 8.67 6.65 5.10 3.18 3.29 4.89 3.70 2.90
EPS in Rs 0.73 0.88 1.37 0.88 0.58 1.12 0.86 0.66 0.41 0.43 0.63 0.48 0.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
141 160 220 241 241 208 170
114 129 180 202 212 190 159
Operating Profit 26 30 40 39 29 18 11
OPM % 19% 19% 18% 16% 12% 8% 6%
0 0 1 3 19 20 15
Interest 2 1 1 6 6 4 3
Depreciation 2 2 2 3 3 3 3
Profit before tax 22 28 38 33 39 30 20
Tax % 28% 26% 26% 25% 27% 22% 25%
16 21 28 25 29 24 15
EPS in Rs 3,198.00 4,116.00 11.20 3.79 3.71 3.06 1.91
Dividend Payout % 0% 0% 0% 0% 27% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 1%
3 Years: -11%
TTM: -18%
Compounded Profit Growth
10 Years: %
5 Years: -7%
3 Years: -16%
TTM: -38%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -19%
1 Year: 2%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 5%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.05 0.05 25 65 77 77 77
Reserves 28 48 51 36 403 399 418
8 5 16 25 10 5 1
16 21 20 24 19 12 15
Total Liabilities 51 74 113 150 509 494 512
15 15 17 18 17 16 14
CWIP 0 0 0 0 0 1 1
Investments 0 0 0 13 127 211 265
36 59 95 119 364 267 232
Total Assets 51 74 113 150 509 494 512

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
13 -0 -5 53 -7 19 19
-4 -3 -5 -56 -314 -9 -3
-5 -3 10 3 329 -18 -8
Net Cash Flow 5 -6 0 -1 9 -8 8
Free Cash Flow 9 -3 -10 50 -10 18 19
CFO/OP 82% 25% 9% 162% 16% 154% 199%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 12 36 43 25 33 31 28
Inventory Days 66 109 141 92 99 91 101
Days Payable 54 60 35 38 28 17 30
Cash Conversion Cycle 24 84 149 79 104 104 99
Working Capital Days 22 79 98 87 123 121 93
ROCE % 64% 53% 35% 15% 7% 5%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025 Mar 2026
Home Lighting ODM Revenue (Single Customer - Signify)
Rs Mn

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Manufacturing Area
Sq. Ft.
Number of SKUs
SKUs
Other Business Revenue (Diversified Verticals)
Rs Mn
R&D and Product Design Team Size
Employees
Number of Countries (Global Footprint)
Countries
Revenue from Outside India (Exports)
Rs Mn
Total Headcount
Employees

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

46 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
72.46% 72.46% 72.46% 72.46% 72.50% 72.50% 72.50% 72.50% 72.50% 72.50% 72.50% 72.55%
5.06% 3.18% 1.51% 1.56% 0.71% 0.69% 0.66% 0.61% 0.60% 0.60% 0.61% 0.91%
7.21% 7.50% 7.10% 4.95% 5.12% 1.71% 1.74% 1.69% 1.69% 1.69% 1.71% 1.21%
15.27% 16.85% 18.93% 21.04% 21.68% 25.10% 25.09% 25.20% 25.21% 25.22% 25.18% 25.35%
No. of Shareholders 1,03,7221,02,0061,14,6001,24,1361,17,3561,14,8271,12,1891,07,3301,04,3211,02,39298,72695,552

* 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

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