Laser Power & Infra Ltd
Incorporated in 1988, Laser Power & Infra Ltd.
is a Kolkata-based integrated manufacturer of power cables, conductors and other specialised products and components.[1]
- Market Cap ₹ 2,962 Cr.
- Current Price ₹ 211
- High / Low ₹ 344 / 198
- Stock P/E 23.9
- Book Value ₹ 92.0
- Dividend Yield 0.00 %
- ROCE 20.6 %
- ROE 19.3 %
- Face Value ₹ 5.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 216 days.
- Company's cost of borrowing seems high
* 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
Industrials Capital Goods Industrial Products Cables - Electricals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 1,079 | 1,314 | 1,748 | 2,570 | 2,326 | |
| Sales growth | +22% | +33% | +47% | -10% | |
| 954 | 1,210 | 1,591 | 2,320 | 2,025 | |
| Operating Profit | 125 | 104 | 156 | 250 | 301 |
| OPM % | 12% | 8% | 9% | 10% | 13% |
| 48 | 18 | 16 | 22 | 55 | |
| Interest | 47 | 68 | 91 | 102 | 133 |
| Depreciation | 76 | 20 | 27 | 32 | 29 |
| Profit before tax | 50 | 33 | 54 | 138 | 194 |
| Tax % | 25% | 35% | 25% | 23% | 22% |
| 37 | 22 | 40 | 107 | 152 | |
| EPS in Rs | 3.44 | 1.87 | 3.44 | 8.93 | 13.18 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 80% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 6 | 6 | 6 | 58 | 70 |
| Reserves | 270 | 390 | 467 | 568 | 668 | 1,222 |
| 324 | 361 | 403 | 504 | 871 | 583 | |
| 605 | 614 | 1,111 | 1,191 | 1,036 | 1,292 | |
| Total Liabilities | 1,202 | 1,372 | 1,987 | 2,270 | 2,632 | 3,167 |
| 107 | 144 | 192 | 176 | 214 | 203 | |
| CWIP | 5 | 2 | 6 | 36 | 28 | 53 |
| Investments | 2 | 3 | 4 | 3 | 2 | 2 |
| 1,089 | 1,223 | 1,786 | 2,054 | 2,389 | 2,909 | |
| Total Assets | 1,202 | 1,372 | 1,987 | 2,270 | 2,632 | 3,167 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -56 | 140 | 171 | 60 | -119 | |
| -2 | -107 | -65 | -61 | -72 | |
| 59 | -31 | -109 | 5 | 213 | |
| Net Cash Flow | 1 | 2 | -4 | 4 | 22 |
| Free Cash Flow | -73 | 81 | 136 | 11 | -162 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -31% | 143% | 124% | 33% | -35% |
Ratios
Consolidated / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 232 | 167 | 164 | 159 | 216 |
| Inventory Days | 1,291 | 124 | 161 | 98 | 124 |
| Days Payable | 1,621 | 159 | 169 | 146 | 173 |
| Cash Conversion Cycle | -97 | 132 | 157 | 111 | 168 |
| Working Capital Days | 109 | 63 | 46 | 60 | 59 |
| ROCE % | 13% | 16% | 21% | 21% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of the Financial Results for the quarter ended 30th September, 2026
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- CRISIL monitoring report for quarter ended 30 September 2026 shows no deviation in IPO proceeds utilization.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of Q2 FY2027 earnings conference call uploaded on 13 November 2026.
-
Announcement under Regulation 31A (LODR)-(8)(d) Exchange decision
- NSE and BSE approved reclassification of two promoter group entities to public on November 12, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Board approved Q2 FY27 standalone and consolidated results; reappointed Deepak Goel as CMD for five years from 1 January 2027.
Concalls
-
Nov 2026PPT REC
-
Aug 2026Transcript PPT REC
Business Overview:[1]
The company manufactures power cables, conductors, and specialty products while
also executing Engineering, Procurement
& Construction (EPC) projects. It entered
the EPC segment in 2015 and undertakes
rural electrification, power distribution infrastructure, substations, and turnkey transmission projects. It is among the
leading manufacturers of power cables
and conductors in East India.