Lakshmi Finance & Industrial Corporation Ltd

Lak. Fin. & Indl Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Lakshmi Finance & Industrial Corporation Ltd

₹ 158 -0.47%
01 Dec - close price
Company website NSE : LFIC
About

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]

Key Points

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.

Website NSE
  • Market Cap ₹ 47.4 Cr.
  • Current Price ₹ 158
  • High / Low ₹ 195 / 94.0
  • Stock P/E 8.79
  • Book Value ₹ 169
  • Dividend Yield 1.27 %
  • ROCE 0.45 %
  • ROE 1.17 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.93 times its book value
  • Company has been maintaining a healthy dividend payout of 44.9%

Cons

  • The company has delivered a poor sales growth of -11.6% over past five years.
  • Company has a low return on equity of 11.9% 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: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
2.78 5.35 2.16 4.10 4.15 0.52 -1.14 0.51 3.77 1.58 1.34 4.08 3.18
0.40 0.37 0.27 0.38 0.38 0.39 0.38 4.28 0.42 0.39 1.91 0.37 0.42
Operating Profit 2.38 4.98 1.89 3.72 3.77 0.13 -1.52 -3.77 3.35 1.19 -0.57 3.71 2.76
OPM % 85.61% 93.08% 87.50% 90.73% 90.84% 25.00% -739.22% 88.86% 75.32% -42.54% 90.93% 86.79%
0.11 0.10 0.11 0.11 0.11 0.11 0.01 0.00 0.14 0.00 0.01 0.00 0.02
Interest 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00
Depreciation 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.04
Profit before tax 2.46 5.05 1.97 3.78 3.83 0.19 -1.56 -3.82 3.44 1.14 -0.61 3.68 2.74
Tax % 46.34% 0.99% 116.24% 21.96% 18.80% -57.89% 57.05% 28.01% 23.55% 14.91% 44.26% 27.72% 24.09%
1.32 5.00 -0.32 2.96 3.12 0.30 -0.67 -2.74 2.64 0.98 -0.34 2.66 2.09
EPS in Rs 4.40 16.67 -1.07 9.87 10.40 1.00 -2.23 -9.13 8.80 3.27 -1.13 8.87 6.97
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1.56 3.94 4.52 6.52 4.55 4.49 6.63 2.95 2.75 15.03 7.96 3.59 10.18
1.58 3.68 3.37 1.10 1.10 1.24 1.86 3.34 12.36 1.37 1.53 3.25 3.09
Operating Profit -0.02 0.26 1.15 5.42 3.45 3.25 4.77 -0.39 -9.61 13.66 6.43 0.34 7.09
OPM % -1.28% 6.60% 25.44% 83.13% 75.82% 72.38% 71.95% -13.22% -349.45% 90.88% 80.78% 9.47% 69.65%
0.22 0.29 0.28 0.36 0.38 0.00 0.02 0.55 0.56 0.47 0.01 0.01 0.03
Interest 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.03 0.02 0.01 0.04 0.03 0.02
Depreciation 0.09 0.09 0.08 0.07 0.07 0.06 0.05 0.14 0.13 0.13 0.15 0.14 0.15
Profit before tax 0.11 0.46 1.35 5.67 3.76 3.19 4.74 -0.01 -9.20 13.99 6.25 0.18 6.95
Tax % -9.09% 0.00% 0.00% 11.82% 3.46% 1.25% 2.53% 6,400.00% 28.48% 34.60% 8.80% -205.56%
0.11 0.46 1.35 5.00 3.63 3.15 4.62 0.62 -6.59 9.15 5.71 0.55 5.39
EPS in Rs 0.37 1.53 4.50 16.67 12.10 10.50 15.40 2.07 -21.97 30.50 19.03 1.83 17.98
Dividend Payout % 409.09% 78.26% 40.00% 18.00% 28.93% 33.33% 25.97% 0.00% -9.10% 9.84% 15.76% 109.09%
Compounded Sales Growth
10 Years: -1%
5 Years: -12%
3 Years: 9%
TTM: 178%
Compounded Profit Growth
10 Years: 2%
5 Years: -35%
3 Years: 28%
TTM: 1247%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 36%
1 Year: 7%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 12%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
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 3.00
Reserves 25.58 25.62 26.34 30.23 32.59 35.74 39.09 38.32 30.72 39.23 44.05 43.68 47.83
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.37 1.32 1.51 2.54 2.20 1.04 1.42 1.80 1.97 2.40 2.72 2.31 3.35
Total Liabilities 29.95 29.94 30.85 35.77 37.79 39.78 43.51 43.12 35.69 44.63 49.77 48.99 54.18
0.19 0.22 0.17 0.09 0.13 0.71 0.67 0.82 0.69 0.57 0.81 0.67 0.77
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 0.00
Investments 27.97 26.47 25.60 30.24 32.25 35.89 33.40 34.11 26.12 38.01 39.98 45.76 49.14
1.79 3.25 5.08 5.44 5.41 3.18 9.44 8.19 8.88 6.05 8.98 2.56 4.27
Total Assets 29.95 29.94 30.85 35.77 37.79 39.78 43.51 43.12 35.69 44.63 49.77 48.99 54.18

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.27 -1.50 -0.10 -1.09 -3.04 -1.10 -3.96 1.88 0.79 -2.96 -0.19 1.24
0.43 2.59 3.14 2.09 2.88 0.17 8.64 0.40 -0.29 2.63 5.81 -4.27
-0.68 -0.43 -0.43 -0.56 -0.87 -0.95 -1.01 -1.19 -0.87 -0.71 -1.06 -1.12
Net Cash Flow -0.52 0.66 2.61 0.45 -1.04 -1.89 3.67 1.10 -0.37 -1.04 4.56 -4.15

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 0.00 0.00 0.00 77.81 43.08 152.50 0.00 0.00 0.00 0.00 0.00
Inventory Days 151.24 0.00
Days Payable 6.05
Cash Conversion Cycle 0.00 145.19 0.00 0.00 77.81 43.08 152.50 0.00 0.00 0.00 0.00 0.00
Working Capital Days -238.65 -14.82 -85.60 -122.04 -64.18 1.63 133.23 -165.80 -177.85 -14.57 -94.46 -217.58
ROCE % 0.66% 1.54% 4.66% 18.25% 10.90% 8.58% 11.73% 0.05% -24.47% 36.87% 14.09% 0.45%

Shareholding Pattern

Numbers in percentages

20 Recently

Shareholding pattern is currently not available for this company.

Documents

Announcements

Annual reports