Lakshmi Finance & Industrial Corporation Ltd
Incorporated in 1980, Lakshmi Finance & Industrial Corporation (formerly known as The Andhra Bank Ltd) Ltd is an investment company registered with RBI, engaged in the business of investment in equity shares and mutual funds.[1]
- Market Cap ₹ 63.3 Cr.
- Current Price ₹ 211
- High / Low ₹ 372 / 154
- Stock P/E 17.7
- Book Value ₹ 196
- Dividend Yield 1.60 %
- ROCE 4.28 %
- ROE 6.21 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.08 times its book value
- Company has been maintaining a healthy dividend payout of 48.6%
Cons
- Tax rate seems low
- Company has a low return on equity of 9.28% 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
Financial Services Financial Services Finance Investment Company
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.52 | 6.52 | 4.55 | 4.49 | 6.63 | 2.95 | 2.75 | 15.03 | 7.96 | 3.59 | 14.86 | 7.69 | |
3.37 | 1.10 | 1.10 | 1.24 | 1.86 | 3.34 | 12.36 | 1.37 | 1.53 | 3.25 | 1.90 | 5.04 | |
Operating Profit | 1.15 | 5.42 | 3.45 | 3.25 | 4.77 | -0.39 | -9.61 | 13.66 | 6.43 | 0.34 | 12.96 | 2.65 |
OPM % | 25.44% | 83.13% | 75.82% | 72.38% | 71.95% | -13.22% | -349.45% | 90.88% | 80.78% | 9.47% | 87.21% | 34.46% |
0.28 | 0.36 | 0.38 | 0.00 | 0.02 | 0.55 | 0.56 | 0.47 | 0.01 | 0.01 | 0.03 | 0.03 | |
Interest | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.03 | 0.02 | 0.01 | 0.04 | 0.03 | 0.01 | 0.04 |
Depreciation | 0.08 | 0.07 | 0.07 | 0.06 | 0.05 | 0.14 | 0.13 | 0.13 | 0.15 | 0.14 | 0.17 | 0.21 |
Profit before tax | 1.35 | 5.67 | 3.76 | 3.19 | 4.74 | -0.01 | -9.20 | 13.99 | 6.25 | 0.18 | 12.81 | 2.43 |
Tax % | 0.00% | 11.82% | 3.46% | 1.25% | 2.53% | -6,400.00% | -28.48% | 34.60% | 8.80% | -205.56% | 18.97% | -47.33% |
1.35 | 5.00 | 3.63 | 3.15 | 4.62 | 0.62 | -6.59 | 9.15 | 5.71 | 0.55 | 10.38 | 3.58 | |
EPS in Rs | 4.50 | 16.67 | 12.10 | 10.50 | 15.40 | 2.07 | -21.97 | 30.50 | 19.03 | 1.83 | 34.60 | 11.93 |
Dividend Payout % | 40.00% | 18.00% | 28.93% | 33.33% | 25.97% | 0.00% | -9.10% | 9.84% | 15.76% | 109.09% | 11.56% | 25.14% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 23% |
3 Years: | -1% |
TTM: | -48% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 21% |
3 Years: | -14% |
TTM: | -65% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 29% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 9% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Reserves | 26.34 | 30.23 | 32.59 | 35.74 | 39.09 | 38.32 | 30.72 | 39.23 | 44.05 | 43.68 | 53.51 | 55.85 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.51 | 2.54 | 2.20 | 1.04 | 1.42 | 1.80 | 1.97 | 2.40 | 2.72 | 2.26 | 3.21 | 2.58 | |
Total Liabilities | 30.85 | 35.77 | 37.79 | 39.78 | 43.51 | 43.12 | 35.69 | 44.63 | 49.77 | 48.94 | 59.72 | 61.43 |
0.17 | 0.09 | 0.13 | 0.71 | 0.67 | 0.82 | 0.69 | 0.57 | 0.81 | 0.67 | 0.67 | 0.91 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 25.60 | 30.24 | 32.25 | 35.89 | 33.40 | 34.11 | 26.12 | 38.01 | 39.98 | 45.76 | 52.21 | 54.37 |
5.08 | 5.44 | 5.41 | 3.18 | 9.44 | 8.19 | 8.88 | 6.05 | 8.98 | 2.51 | 6.84 | 6.15 | |
Total Assets | 30.85 | 35.77 | 37.79 | 39.78 | 43.51 | 43.12 | 35.69 | 44.63 | 49.77 | 48.94 | 59.72 | 61.43 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.10 | -1.09 | -3.04 | -1.10 | -3.96 | 1.88 | 0.79 | -2.96 | -0.19 | 1.24 | -3.27 | -3.29 | |
3.14 | 2.09 | 2.88 | 0.17 | 8.64 | 0.40 | -0.29 | 2.63 | 5.81 | -4.27 | 7.63 | 2.16 | |
-0.43 | -0.56 | -0.87 | -0.95 | -1.01 | -1.19 | -0.87 | -0.71 | -1.06 | -1.12 | -0.86 | -1.40 | |
Net Cash Flow | 2.61 | 0.45 | -1.04 | -1.89 | 3.67 | 1.10 | -0.37 | -1.04 | 4.56 | -4.15 | 3.50 | -2.53 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 77.81 | 43.08 | 152.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | 0.00 | |||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 77.81 | 43.08 | 152.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | -85.60 | -122.04 | -64.18 | 1.63 | 133.23 | -165.80 | -177.85 | -14.57 | -94.46 | -203.34 | -40.77 | -75.47 |
ROCE % | 4.66% | 18.25% | 10.90% | 8.58% | 11.73% | 0.05% | -24.47% | 36.87% | 14.09% | 0.45% | 24.81% | 4.28% |
Documents
Announcements
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Copy of Newspaper Publication
27 May 2025 - Announcement text is unreadable and cannot be summarized.
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Dividend
26 May 2025 - Board at its meeting held on May 26, 2025, recommended Final Dividend of 3.00 per equity share.
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Outcome of Board Meeting
26 May 2025 - Lakshmi Finance & Industrial Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Board Meeting Intimation
14 May 2025 - LAKSHMI FINANCE & INDUSTRIAL CORPORATION LIMITED has informed about Board Meeting to be held on 26-May-2025 to consider and approve the Yearly Audited Financial results …
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Price movement
30 April 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written …
Business Overview:[1]
Company is a Non-Deposit Accepting Non- Banking Finance Company (NBFC) registered as an Investment Company with the Reserve Bank of India and engaged in the business of investment in Equity Shares, Mutual Funds and Other Securities.