Latteys Industries Ltd
Incorporated in 2013, Latteys Industries Ltd manufactures submersible pumps and motors[1]
- Market Cap ₹ 118 Cr.
- Current Price ₹ 20.6
- High / Low ₹ 48.6 / 14.4
- Stock P/E 65.5
- Book Value ₹ 3.53
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 9.35 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 130 days to 96.3 days
Cons
- Stock is trading at 5.84 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -3.14%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 52.78 | 63.31 | 80.27 | |
| 49.13 | 58.35 | 75.84 | |
| Operating Profit | 3.65 | 4.96 | 4.43 |
| OPM % | 6.92% | 7.83% | 5.52% |
| 0.70 | 0.17 | 0.32 | |
| Interest | 1.29 | 1.66 | 1.59 |
| Depreciation | 1.24 | 1.44 | 0.60 |
| Profit before tax | 1.82 | 2.03 | 2.56 |
| Tax % | 26.37% | 26.60% | 29.30% |
| 1.33 | 1.49 | 1.81 | |
| EPS in Rs | 0.23 | 0.26 | 0.31 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 66% |
| 1 Year: | 41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 11.50 | 11.50 | 11.50 |
| Reserves | 5.41 | 6.94 | 8.79 |
| 12.42 | 16.89 | 8.82 | |
| 14.58 | 13.48 | 17.15 | |
| Total Liabilities | 43.91 | 48.81 | 46.26 |
| 6.52 | 8.86 | 8.92 | |
| CWIP | 0.07 | 0.11 | 0.00 |
| Investments | 0.42 | 0.00 | 0.00 |
| 36.90 | 39.84 | 37.34 | |
| Total Assets | 43.91 | 48.81 | 46.26 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 3.32 | 0.56 | 10.08 | |
| -2.12 | -3.37 | -0.46 | |
| -1.33 | 2.82 | -9.66 | |
| Net Cash Flow | -0.14 | 0.01 | -0.04 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 88.24 | 95.76 | 93.22 |
| Inventory Days | 186.86 | 169.65 | 86.09 |
| Days Payable | 114.76 | 85.03 | 73.45 |
| Cash Conversion Cycle | 160.35 | 180.38 | 105.85 |
| Working Capital Days | 150.69 | 143.67 | 96.31 |
| ROCE % | 11.85% | 12.88% |
Documents
Announcements
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Change in Director(s)
14 June 2025 - Re-appointment of Managing Director and Whole Time Director for five years from June 15, 2025.
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Change in Director(s)
14 June 2025 - Re-appointment of Managing and Whole Time Directors, appointment of additional director, all subject to shareholder approval.
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Copy of Newspaper Publication
29 May 2025 - Latteys Industries published Q4 and FY25 audited financial results with revenue Rs. 8058.86L and profit Rs. 180.86L.
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Copy of Newspaper Publication
29 May 2025 - Published Q4 and FY25 financial results showing revenue and profit growth.
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Outcome of Board Meeting
28 May 2025 - Audited standalone and consolidated financial results for FY ended March 31, 2025 approved by Board.
Annual reports
Concalls
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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.