Lakshmi Energy & Foods Ltd

₹ 2.50 None%
17 Jun 2019
About

Lakshmi Energy and Foods Limited is engaged in the agri-business and food processing.

  • Market Cap 18.4 Cr.
  • Current Price 2.50
  • High / Low /
  • Stock P/E
  • Book Value 84.7
  • Dividend Yield 0.00 %
  • ROCE -17.4 %
  • ROE -60.5 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.03 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -17.0% over past five years.
  • Company has a low return on equity of -17.3% over last 3 years.
  • Contingent liabilities of Rs.71.4 Cr.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 237 days.

* 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: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018
261 385 267 305 268 183 128 157 170 155 21 2 2
253 469 233 260 231 171 114 140 159 480 21 3 536
Operating Profit 9 -84 34 45 37 12 14 17 11 -325 -0 -1 -534
OPM % 3% -22% 13% 15% 14% 7% 11% 11% 7% -210% -2% -72% -29,038%
0 0 0 0 0 -92 0 0 0 0 0 0 0
Interest 29 -48 6 10 9 0 0 1 0 0 0 0 0
Depreciation 6 16 8 7 8 -9 2 2 2 2 5 5 5
Profit before tax -26 -51 20 27 20 -71 11 14 9 -327 -5 -6 -539
Tax % 3% 13% 10% 8% 6% 14% 20% 15% 17% 2% 17% 18% 0%
Net Profit -25 -45 18 25 19 -61 9 12 7 -321 -4 -5 -538
EPS in Rs -3.71 -6.72 2.74 3.59 2.69 -8.75 1.30 1.65 0.99 -43.58 -0.60 -0.68 -73.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
1,600 689 1,159 1,026 1,545 1,892 607 1,051 1,022 610 179
1,279 471 956 880 1,372 1,752 518 1,002 894 893 1,040
Operating Profit 322 217 203 147 173 140 90 49 128 -283 -861
OPM % 20% 32% 18% 14% 11% 7% 15% 5% 12% -46% -480%
4 1 4 2 1 4 -292 -84 -92 0 0
Interest 50 68 73 106 135 96 118 34 25 1 0
Depreciation 34 35 37 39 40 64 33 32 14 10 17
Profit before tax 243 115 97 5 -0 -17 -354 -101 -4 -293 -878
Tax % 33% 21% 14% -172% 2,227% 96% 2% 10% 126% 0%
Net Profit 162 92 84 12 10 -1 -347 -90 1 -293 -868
EPS in Rs 25.50 14.50 13.34 1.98 1.51 -0.10 -52.22 -13.59 0.13 -39.77 -117.94
Dividend Payout % 2% 3% 2% 10% 13% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -17%
3 Years: 0%
TTM: -72%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -1638%
Stock Price CAGR
10 Years: -20%
5 Years: -40%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: -10%
3 Years: -17%
Last Year: -61%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Sep 2018
13 13 13 13 13 13 13 13 14 15 15
Reserves 479 598 732 738 743 751 405 315 322 617 609
421 525 837 966 906 861 951 1,157 1,204 1,197 1,196
163 142 168 280 423 552 195 178 100 48 44
Total Liabilities 1,076 1,278 1,749 1,996 2,085 2,176 1,565 1,663 1,640 1,877 1,864
384 415 399 373 335 308 281 252 239 803 794
CWIP 3 0 3 17 31 6 8 14 15 22 22
Investments 10 15 16 15 15 15 12 12 12 12 12
678 848 1,332 1,592 1,704 1,847 1,264 1,385 1,375 1,039 1,036
Total Assets 1,076 1,278 1,749 1,996 2,085 2,176 1,565 1,663 1,640 1,877 1,864

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
-99 39 -168 -12 170 67 33 -150 -74 -627
-190 -30 -28 -30 5 -19 -16 -6 63 582
236 17 235 -21 -173 -45 -21 155 12 45
Net Cash Flow -53 26 39 -62 2 3 -4 -0 0 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Debtor Days 5 34 49 76 29 72 222 161 152 237
Inventory Days 164 619 399 520 385 295 550 275 342 226
Days Payable 2 6 19 61 62 86 82 42 27 5
Cash Conversion Cycle 168 648 428 535 353 280 690 394 467 458
Working Capital Days 137 407 371 446 296 236 596 384 410 551
ROCE % 18% 13% 7% 8% 5% 4% 1% 8% -17%

Shareholding Pattern

Numbers in percentages

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
54.80 54.80 54.80 54.09 53.89 56.18 55.16 53.60 53.60 53.40 53.40 53.40
5.88 5.45 4.27 4.27 3.84 1.43 1.43 1.43 1.43 1.43 1.43 1.43
0.45 0.67 0.98 0.95 0.57 0.46 0.40 0.37 0.37 0.37 0.37 0.37
38.86 39.08 39.95 40.69 41.70 41.93 43.01 44.60 44.60 44.80 44.80 44.80

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