Latteys Industries Ltd
Incorporated in 2013, Latteys Industries Ltd manufactures submersible pumps and motors[1]
- Market Cap ₹ 193 Cr.
- Current Price ₹ 33.6
- High / Low ₹ 48.6 / 13.0
- Stock P/E 124
- Book Value ₹ 3.40
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 9.05 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 10.0 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 8.10% 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.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 25.42 | 35.45 | 32.50 | 26.67 | 24.17 | 26.81 | 40.73 | 52.78 | 63.31 | 68.22 | |
| 23.86 | 32.89 | 29.45 | 24.12 | 21.63 | 24.57 | 37.97 | 49.13 | 58.35 | 63.37 | |
| Operating Profit | 1.56 | 2.56 | 3.05 | 2.55 | 2.54 | 2.24 | 2.76 | 3.65 | 4.96 | 4.85 |
| OPM % | 6.14% | 7.22% | 9.38% | 9.56% | 10.51% | 8.36% | 6.78% | 6.92% | 7.83% | 7.11% |
| 0.02 | -0.02 | 0.13 | 0.33 | 0.31 | 0.63 | 0.57 | 0.70 | 0.17 | 0.18 | |
| Interest | 0.87 | 1.03 | 1.14 | 1.12 | 1.36 | 1.38 | 1.11 | 1.29 | 1.66 | 1.90 |
| Depreciation | 0.25 | 0.49 | 0.57 | 0.68 | 0.89 | 0.80 | 0.81 | 1.24 | 1.44 | 1.06 |
| Profit before tax | 0.46 | 1.02 | 1.47 | 1.08 | 0.60 | 0.69 | 1.41 | 1.82 | 2.03 | 2.07 |
| Tax % | 32.61% | 37.25% | 28.57% | 25.93% | 31.67% | 24.64% | 26.24% | 26.37% | 26.60% | |
| 0.31 | 0.64 | 1.05 | 0.79 | 0.42 | 0.51 | 1.03 | 1.33 | 1.50 | 1.55 | |
| EPS in Rs | 0.16 | 0.33 | 0.25 | 0.14 | 0.07 | 0.09 | 0.18 | 0.23 | 0.26 | 0.27 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 33% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 46% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 93% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 8% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.54 | 1.54 | 3.38 | 4.60 | 4.60 | 4.60 | 4.60 | 11.50 | 11.50 | 11.50 |
| Reserves | 0.95 | 1.92 | 1.74 | 8.97 | 9.39 | 9.90 | 10.93 | 5.41 | 6.94 | 8.02 |
| 8.20 | 9.73 | 11.75 | 12.08 | 13.73 | 12.91 | 12.23 | 12.42 | 16.89 | 13.82 | |
| 9.46 | 13.58 | 12.89 | 9.57 | 10.31 | 8.35 | 13.84 | 14.58 | 13.47 | 13.87 | |
| Total Liabilities | 20.15 | 26.77 | 29.76 | 35.22 | 38.03 | 35.76 | 41.60 | 43.91 | 48.80 | 47.21 |
| 3.76 | 4.69 | 5.78 | 7.16 | 6.85 | 6.58 | 6.67 | 6.52 | 8.86 | 8.99 | |
| CWIP | 0.84 | 0.00 | 0.05 | 0.06 | 0.00 | 0.03 | 0.07 | 0.07 | 0.11 | 0.00 |
| Investments | 0.00 | 0.44 | 0.44 | 0.44 | 0.46 | 0.53 | 0.70 | 0.42 | 0.01 | 0.01 |
| 15.55 | 21.64 | 23.49 | 27.56 | 30.72 | 28.62 | 34.16 | 36.90 | 39.82 | 38.21 | |
| Total Assets | 20.15 | 26.77 | 29.76 | 35.22 | 38.03 | 35.76 | 41.60 | 43.91 | 48.80 | 47.21 |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.88 | -0.80 | -4.39 | 0.19 | 2.87 | 2.63 | 3.32 | 0.56 | ||
| -0.70 | -1.71 | -2.07 | -0.57 | -0.61 | -1.16 | -2.12 | -3.38 | ||
| 0.48 | 1.57 | 6.90 | 0.28 | -2.06 | -1.77 | -1.33 | 2.81 | ||
| Net Cash Flow | 0.66 | -0.94 | 0.45 | -0.10 | 0.20 | -0.30 | -0.14 | 0.00 |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 78.69 | 68.16 | 95.35 | 91.15 | 101.18 | 73.38 | 70.71 | 88.24 | 95.76 |
| Inventory Days | 162.93 | 151.24 | 170.24 | 312.96 | 472.76 | 422.16 | 281.60 | 186.86 | 169.65 |
| Days Payable | 167.94 | 145.63 | 145.58 | 138.95 | 187.85 | 137.35 | 142.12 | 114.76 | 85.03 |
| Cash Conversion Cycle | 73.67 | 73.78 | 120.01 | 265.16 | 386.08 | 358.19 | 210.18 | 160.35 | 180.38 |
| Working Capital Days | 81.99 | 64.76 | 105.34 | 226.23 | 301.73 | 267.66 | 179.14 | 150.69 | 149.15 |
| ROCE % | 17.92% | 17.37% | 10.30% | 7.38% | 7.51% | 9.14% | 10.93% | 11.85% |
Documents
Announcements
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Updates
9 December 2024 - Latteys Industries Limited has informed regarding 'Resubmission of Financial Result for The Half Year Ended on Sept-30, 2024 in Machine Readable Form/Legible Copy'.
-
Updates
2 December 2024 - Latteys Industries Limited has informed regarding 'Receipt of Work Order Worth 1.15 Cr plus GST'.
-
Press Release (Revised)
27 November 2024 - Latteys Industries Limited has informed regarding a revised press release dated November 27, 2024, titled "Result for Quarter & Half Year Ended September 2024".
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Investor Presentation
27 November 2024 - Latteys Industries Limited has informed about Investor Presentation
-
Press Release
27 November 2024 - Latteys Industries Limited has informed regarding a press release dated November 27, 2024, titled "Result for Quarter & Half Year Ended September 2024".
Annual reports
Concalls
-
Nov 2024TranscriptNotesPPT
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.