Latteys Industries Ltd
Incorporated in 2013, Latteys Industries Ltd manufactures submersible pumps and motors[1]
- Market Cap ₹ 96.6 Cr.
- Current Price ₹ 16.8
- High / Low ₹ 51.9 / 13.0
- Stock P/E
- Book Value ₹ 3.14
- Dividend Yield 0.00 %
- ROCE 10.8 %
- ROE 8.09 %
- Face Value ₹ 2.00
Pros
- Company's working capital requirements have reduced from 197 days to 144 days
Cons
- Stock is trading at 5.35 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 6.27% 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 | |
---|---|---|---|---|---|---|---|---|
25.42 | 35.45 | 32.50 | 26.67 | 24.17 | 26.81 | 40.73 | 52.32 | |
23.86 | 32.89 | 29.45 | 24.12 | 21.63 | 24.57 | 37.97 | 49.35 | |
Operating Profit | 1.56 | 2.56 | 3.05 | 2.55 | 2.54 | 2.24 | 2.76 | 2.97 |
OPM % | 6.14% | 7.22% | 9.38% | 9.56% | 10.51% | 8.36% | 6.78% | 5.68% |
0.02 | -0.02 | 0.13 | 0.33 | 0.31 | 0.63 | 0.57 | 1.18 | |
Interest | 0.87 | 1.03 | 1.14 | 1.12 | 1.36 | 1.38 | 1.11 | 1.27 |
Depreciation | 0.25 | 0.49 | 0.57 | 0.68 | 0.89 | 0.80 | 0.81 | 1.06 |
Profit before tax | 0.46 | 1.02 | 1.47 | 1.08 | 0.60 | 0.69 | 1.41 | 1.82 |
Tax % | 32.61% | 37.25% | 28.57% | 25.93% | 31.67% | 24.64% | 26.24% | 28.57% |
0.31 | 0.64 | 1.05 | 0.79 | 0.42 | 0.51 | 1.03 | 1.31 | |
EPS in Rs | 0.16 | 0.33 | 0.25 | 0.14 | 0.07 | 0.09 | 0.18 | 0.23 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 29% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 45% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 64% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 8% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.54 | 1.54 | 3.38 | 4.60 | 4.60 | 4.60 | 4.60 | 11.50 | 11.50 |
Reserves | 0.95 | 1.92 | 1.74 | 8.97 | 9.39 | 9.90 | 10.93 | 5.34 | 6.56 |
8.20 | 9.73 | 11.75 | 12.08 | 13.73 | 12.91 | 12.23 | 12.31 | 15.03 | |
9.46 | 13.58 | 12.89 | 9.57 | 10.31 | 8.35 | 13.84 | 14.98 | 15.68 | |
Total Liabilities | 20.15 | 26.77 | 29.76 | 35.22 | 38.03 | 35.76 | 41.60 | 44.13 | 48.77 |
3.76 | 4.69 | 5.78 | 7.16 | 6.85 | 6.58 | 6.67 | 7.53 | 9.19 | |
CWIP | 0.84 | 0.00 | 0.05 | 0.06 | 0.00 | 0.03 | 0.07 | 0.07 | 0.00 |
Investments | 0.00 | 0.44 | 0.44 | 0.44 | 0.46 | 0.53 | 0.70 | 0.70 | 0.35 |
15.55 | 21.64 | 23.49 | 27.56 | 30.72 | 28.62 | 34.16 | 35.83 | 39.23 | |
Total Assets | 20.15 | 26.77 | 29.76 | 35.22 | 38.03 | 35.76 | 41.60 | 44.13 | 48.77 |
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 | |
---|---|---|---|---|---|---|---|---|
0.88 | -0.80 | -4.39 | 0.19 | 2.87 | 2.63 | 2.90 | ||
-0.70 | -1.71 | -2.07 | -0.57 | -0.61 | -1.16 | 0.02 | ||
0.48 | 1.57 | 6.90 | 0.28 | -2.06 | -1.77 | -1.14 | ||
Net Cash Flow | 0.66 | -0.94 | 0.45 | -0.10 | 0.20 | -0.30 | 1.78 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 78.69 | 68.16 | 95.35 | 91.15 | 101.18 | 73.38 | 70.71 | 89.02 |
Inventory Days | 162.93 | 151.24 | 170.24 | 312.96 | 472.76 | 422.16 | 281.60 | 186.86 |
Days Payable | 167.94 | 145.63 | 145.58 | 138.95 | 187.85 | 137.35 | 142.12 | 114.76 |
Cash Conversion Cycle | 73.67 | 73.78 | 120.01 | 265.16 | 386.08 | 358.19 | 210.18 | 161.13 |
Working Capital Days | 81.99 | 64.76 | 105.34 | 226.23 | 301.73 | 267.66 | 179.14 | 144.27 |
ROCE % | 17.92% | 17.37% | 10.30% | 7.38% | 7.51% | 9.14% | 10.82% |
Business Overview:[1]
Company is in the business of manufacturing pumping solutions for domestic, agriculture, horticulture & Industrial sectors. It has a portfolio of 2000+ pumps in various sizes, structures, technicalities. Company's customers are mostly dealers and direct users