Latteys Industries Ltd
Incorporated in 2013, Latteys Industries Ltd manufactures submersible pumps and motors[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 22.3
- High / Low ₹ 37.0 / 16.0
- Stock P/E 47.1
- Book Value ₹ 3.75
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 9.35 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Stock is trading at 5.87 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.90% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 25 | 35 | 32 | 27 | 24 | 27 | 41 | 53 | 63 | 80 | 102 | |
| 24 | 33 | 29 | 24 | 22 | 25 | 38 | 49 | 58 | 76 | 97 | |
| Operating Profit | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 4 | 5 |
| OPM % | 6% | 7% | 9% | 10% | 11% | 8% | 7% | 7% | 8% | 6% | 5% |
| 0 | -0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| Tax % | 33% | 37% | 29% | 26% | 32% | 25% | 26% | 26% | 27% | 29% | |
| 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | |
| EPS in Rs | 0.16 | 0.33 | 0.25 | 0.14 | 0.07 | 0.09 | 0.18 | 0.23 | 0.26 | 0.31 | 0.46 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 25% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 21% |
| TTM: | 68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | -16% |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 3 | 5 | 5 | 5 | 5 | 12 | 12 | 12 | 12 |
| Reserves | 1 | 2 | 2 | 9 | 9 | 10 | 11 | 5 | 7 | 9 | 10 |
| 8 | 10 | 12 | 12 | 14 | 13 | 12 | 12 | 17 | 9 | 8 | |
| 9 | 14 | 13 | 10 | 10 | 8 | 14 | 15 | 13 | 17 | 23 | |
| Total Liabilities | 20 | 27 | 30 | 35 | 38 | 36 | 42 | 44 | 49 | 46 | 53 |
| 4 | 5 | 6 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | |
| CWIP | 1 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Investments | -0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| 16 | 22 | 23 | 28 | 31 | 29 | 34 | 37 | 40 | 37 | 44 | |
| Total Assets | 20 | 27 | 30 | 35 | 38 | 36 | 42 | 44 | 49 | 46 | 53 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -1 | -4 | 0 | 3 | 3 | 3 | 1 | 10 | ||
| -1 | -2 | -2 | -1 | -1 | -1 | -2 | -3 | -0 | ||
| 0 | 2 | 7 | 0 | -2 | -2 | -1 | 3 | -10 | ||
| Net Cash Flow | 1 | -1 | 0 | -0 | 0 | -0 | -0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 68 | 95 | 91 | 101 | 73 | 71 | 88 | 96 | 94 |
| Inventory Days | 163 | 151 | 170 | 313 | 473 | 422 | 282 | 187 | 169 | 86 |
| Days Payable | 168 | 146 | 146 | 139 | 188 | 137 | 142 | 115 | 84 | 74 |
| Cash Conversion Cycle | 74 | 74 | 120 | 265 | 386 | 358 | 210 | 160 | 180 | 106 |
| Working Capital Days | 13 | 8 | 32 | 114 | 144 | 132 | 82 | 72 | 55 | 57 |
| ROCE % | 18% | 17% | 10% | 7% | 8% | 9% | 11% | 12% | 13% |
Documents
Announcements
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Outcome of Board Meeting
18 February 2026 - Latteys to acquire 12.57% of Amigo Green for ₹23,00,480 via preferential allotment; completion within two months.
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Copy of Newspaper Publication
14 February 2026 - Quarter ended Dec 31, 2025: revenue Rs 3,392.21 lakh; profit Rs 93.91 lakh; Board approved Feb 13, 2026.
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Outcome of Board Meeting
13 February 2026 - Board approved unaudited standalone & consolidated results for quarter ended Dec 31, 2025; limited review dated Feb 13, 2026.
-
Appointment
23 January 2026 - Ashish Singhal appointed CFO and KMP effective 24 Jan 2026; related to Whole-Time Director Pawan Garg.
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Resignation
19 January 2026 - CFO Sumit Goel resigned effective close of business 19 January 2026; holds no shareholding in company.
Annual reports
Concalls
-
Nov 2024TranscriptAI SummaryPPT
Business Overview[1]
Established in 2004, Latteys Industries Limited is a leading manufacturer of energy-efficient pumps and solar pumping solutions. Catering to agriculture, domestic, and industrial needs, the company exports 30% of its products globally.