IKIO Lighting Ltd

IKIO Lighting Ltd

₹ 299 0.34%
26 Feb - close price
About

Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions.[1]

Key Points

Product Portfolio[1]
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.

<h1>IKIO Group caters to the distributor of USA’s</h1>

largest RV player (Forest River) and is well-placed to capture further wallet share by Expanding Product Offerings.[2]

  • Market Cap 2,314 Cr.
  • Current Price 299
  • High / Low 477 / 281
  • Stock P/E 35.6
  • Book Value 67.8
  • Dividend Yield 0.00 %
  • ROCE 30.6 %
  • ROE 39.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 49.7%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
49 80 115 118 108 118 117
40 65 86 92 86 91 91
Operating Profit 9 15 29 26 23 27 26
OPM % 18% 19% 25% 22% 21% 23% 22%
0 1 1 1 1 6 4
Interest 1 1 4 6 3 3 3
Depreciation 1 1 2 3 2 4 2
Profit before tax 7 14 25 18 19 26 25
Tax % 25% 23% 28% 22% 26% 30% 24%
6 11 18 14 14 18 19
EPS in Rs 2.23 1.72 2.75 2.13 1.79 2.36 2.45
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
220 213 332 359 461
182 165 254 281 359
Operating Profit 38 48 77 78 102
OPM % 17% 23% 23% 22% 22%
2 1 2 3 12
Interest 5 4 5 9 15
Depreciation 4 5 5 6 11
Profit before tax 30 40 69 66 87
Tax % 29% 28% 27% 24%
21 29 51 50 65
EPS in Rs 4,282.00 5,762.00 20.21 7.70 8.73
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 34%
TTM: -1%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 50%
Last Year: 40%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 25 65 77
Reserves 36 63 84 77 447
57 79 116 123 74
52 32 40 46 43
Total Liabilities 145 174 265 311 641
54 59 60 65 86
CWIP 1 4 9 27 40
Investments 0 0 0 0 0
90 112 195 219 515
Total Assets 145 174 265 311 641

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
23 -9 -15 57
3 -6 -9 -47
-21 10 24 -8
Net Cash Flow 5 -4 -1 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 49 56 61 74
Inventory Days 97 175 208 191
Days Payable 85 70 44 38
Cash Conversion Cycle 62 161 226 227
Working Capital Days 48 127 162 170
ROCE % 38% 41% 31%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023
72.46% 72.46% 72.46%
5.06% 3.18% 1.51%
7.21% 7.50% 7.10%
15.27% 16.85% 18.93%
No. of Shareholders 1,03,7221,02,0061,14,600

* 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.

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