Linc Ltd
Linc Ltd is primarily engaged in the manufacturing of Writing instruments and stationeries and generates revenue from the sale of Pen and Refill. [1]
- Market Cap ₹ 902 Cr.
- Current Price ₹ 605
- High / Low ₹ 900 / 463
- Stock P/E 25.8
- Book Value ₹ 124
- Dividend Yield 0.82 %
- ROCE 31.4 %
- ROE 23.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.6%
- Debtor days have improved from 38.4 to 29.0 days.
- Company's working capital requirements have reduced from 70.1 days to 55.0 days
Cons
- Stock is trading at 4.88 times its book value
- The company has delivered a poor sales growth of 8.31% over past five years.
- Company has a low return on equity of 10.6% 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: Printing & Stationery Industry: Printing & Stationery
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
264 | 299 | 305 | 308 | 331 | 344 | 327 | 363 | 393 | 257 | 355 | 487 | 501 | |
254 | 285 | 282 | 283 | 300 | 311 | 301 | 338 | 354 | 246 | 333 | 425 | 442 | |
Operating Profit | 10 | 14 | 22 | 25 | 31 | 34 | 26 | 25 | 38 | 10 | 22 | 62 | 59 |
OPM % | 4% | 5% | 7% | 8% | 9% | 10% | 8% | 7% | 10% | 4% | 6% | 13% | 12% |
0 | 0 | -0 | 0 | 1 | 0 | 1 | 2 | 3 | 1 | 3 | 3 | 5 | |
Interest | 4 | 2 | 2 | 1 | 2 | 2 | 5 | 6 | 5 | 3 | 1 | 1 | 2 |
Depreciation | 4 | 4 | 5 | 6 | 6 | 8 | 10 | 10 | 13 | 13 | 13 | 14 | 15 |
Profit before tax | 2 | 7 | 15 | 18 | 25 | 24 | 12 | 11 | 23 | -4 | 11 | 50 | 47 |
Tax % | 23% | 23% | 22% | 21% | 26% | 28% | 37% | 53% | 17% | 101% | 25% | 25% | |
2 | 5 | 12 | 14 | 18 | 17 | 8 | 5 | 19 | 0 | 8 | 37 | 35 | |
EPS in Rs | 1.33 | 3.66 | 7.78 | 9.68 | 12.39 | 11.67 | 5.30 | 3.48 | 12.94 | 0.03 | 5.47 | 25.15 | 23.53 |
Dividend Payout % | 75% | 41% | 26% | 26% | 24% | 26% | 28% | 43% | 12% | 0% | 33% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 8% |
3 Years: | 7% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 39% |
3 Years: | 25% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 21% |
3 Years: | 60% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 13 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 35 | 56 | 64 | 73 | 86 | 104 | 106 | 106 | 122 | 120 | 128 | 162 | 170 |
43 | 32 | 34 | 18 | 31 | 51 | 66 | 62 | 47 | 9 | 3 | 1 | 19 | |
42 | 46 | 44 | 42 | 53 | 41 | 51 | 50 | 61 | 57 | 55 | 59 | 58 | |
Total Liabilities | 132 | 148 | 156 | 148 | 185 | 210 | 237 | 232 | 245 | 200 | 202 | 237 | 262 |
28 | 29 | 33 | 30 | 42 | 47 | 67 | 75 | 76 | 68 | 81 | 89 | 107 | |
CWIP | 1 | 0 | 0 | 0 | 2 | 11 | 0 | 1 | 3 | 3 | 1 | 1 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
104 | 118 | 123 | 117 | 142 | 152 | 170 | 157 | 167 | 129 | 119 | 147 | 153 | |
Total Assets | 132 | 148 | 156 | 148 | 185 | 210 | 237 | 232 | 245 | 200 | 202 | 237 | 262 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 1 | 11 | 25 | 10 | 9 | 13 | 33 | 38 | 47 | 20 | 43 | |
-6 | -5 | -9 | -4 | -18 | -22 | -18 | -17 | -14 | -4 | -14 | -29 | |
-5 | 5 | -2 | -20 | 7 | 13 | 5 | -17 | -25 | -43 | -6 | -7 | |
Net Cash Flow | 0 | 0 | -0 | 1 | -1 | -0 | 0 | -0 | 0 | 0 | -0 | 8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 46 | 54 | 50 | 48 | 53 | 42 | 51 | 43 | 40 | 51 | 35 | 29 |
Inventory Days | 118 | 112 | 119 | 110 | 129 | 124 | 130 | 101 | 122 | 132 | 99 | 98 |
Days Payable | 49 | 46 | 41 | 37 | 48 | 31 | 46 | 37 | 62 | 81 | 62 | 49 |
Cash Conversion Cycle | 114 | 119 | 127 | 121 | 133 | 135 | 135 | 107 | 101 | 102 | 73 | 78 |
Working Capital Days | 84 | 87 | 91 | 82 | 92 | 102 | 115 | 95 | 86 | 90 | 65 | 55 |
ROCE % | 7% | 10% | 16% | 18% | 22% | 17% | 9% | 9% | 16% | -1% | 8% | 31% |
Documents
Announcements
- Board Meeting Intimation for Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Financial Year Ended 31St March, 2024. 2h
- Certificate Under Regulation 40(9) & (10) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024. 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 9 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Dec 2019TranscriptNotesPPT
Products
Pens- Ball pen, roller pen, gel pen, etc.
Marker/Hi-lighter- Permanent, whiteboard, DVD markers.
Stationery- Pencil, geometry box, erasers, etc.
Disinfectants- Sanitizers. [1]