Linc Ltd
Incorporated in 1976, LINC Ltd manufactures and sells Writing instruments and stationeries[1]
- Market Cap ₹ 525 Cr.
- Current Price ₹ 88.6
- High / Low ₹ 134 / 85.0
- Stock P/E 15.3
- Book Value ₹ 43.9
- Dividend Yield 1.69 %
- ROCE 19.1 %
- ROE 14.7 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 23.1%
Cons
* 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
Fast Moving Consumer Goods Fast Moving Consumer Goods Household Products Stationary
Part of BSE Fast Moving Consumer Goods
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 308 | 331 | 344 | 327 | 363 | 393 | 257 | 355 | 487 | 502 | 531 | 532 | 533 | |
| 283 | 300 | 311 | 301 | 338 | 354 | 246 | 333 | 425 | 446 | 468 | 475 | 478 | |
| Operating Profit | 25 | 31 | 34 | 26 | 25 | 38 | 10 | 22 | 62 | 56 | 63 | 57 | 55 |
| OPM % | 8% | 9% | 10% | 8% | 7% | 10% | 4.0% | 6% | 13% | 11% | 12% | 11% | 10% |
| 0 | 1 | 0 | 1 | 2 | 3 | 1 | 3 | 3 | 7 | 5 | 9 | 8 | |
| Interest | 1 | 2 | 2 | 5 | 6 | 5 | 3 | 1 | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 6 | 6 | 8 | 10 | 10 | 13 | 13 | 13 | 14 | 15 | 15 | 15 | 15 |
| Profit before tax | 18 | 25 | 24 | 12 | 11 | 23 | -4 | 11 | 50 | 46 | 52 | 49 | 46 |
| Tax % | 21% | 26% | 28% | 37% | 53% | 17% | -101% | 25% | 25% | 25% | 26% | 26% | |
| 14 | 18 | 17 | 8 | 5 | 19 | 0 | 8 | 37 | 34 | 39 | 37 | 34 | |
| EPS in Rs | 2.42 | 3.09 | 2.92 | 1.32 | 0.87 | 3.24 | 0.01 | 1.37 | 6.30 | 5.74 | 6.50 | 6.15 | 5.78 |
| Dividend Payout % | 26% | 24% | 26% | 28% | 43% | 12% | 0% | 33% | 20% | 22% | 23% | 24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 16% |
| 3 Years: | 3% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 249% |
| 3 Years: | -1% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 9% |
| 3 Years: | -23% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 16% |
| 3 Years: | 17% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 30 | 30 |
| Reserves | 73 | 86 | 104 | 106 | 106 | 122 | 120 | 128 | 162 | 188 | 204 | 231 |
| 18 | 31 | 51 | 66 | 62 | 47 | 9 | 3 | 1 | 19 | 20 | 20 | |
| 42 | 53 | 41 | 51 | 50 | 61 | 57 | 55 | 59 | 75 | 76 | 69 | |
| Total Liabilities | 148 | 185 | 210 | 237 | 232 | 245 | 200 | 202 | 237 | 296 | 330 | 350 |
| 30 | 42 | 47 | 67 | 75 | 76 | 68 | 81 | 89 | 111 | 110 | 103 | |
| CWIP | 0 | 2 | 11 | 0 | 1 | 3 | 3 | 1 | 1 | 9 | 15 | 34 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 15 |
| 117 | 142 | 152 | 170 | 157 | 167 | 129 | 119 | 147 | 176 | 196 | 198 | |
| Total Assets | 148 | 185 | 210 | 237 | 232 | 245 | 200 | 202 | 237 | 296 | 330 | 350 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25 | 10 | 9 | 13 | 33 | 38 | 47 | 20 | 43 | 38 | 57 | 33 | |
| -4 | -18 | -22 | -18 | -17 | -14 | -4 | -14 | -29 | -23 | -35 | -33 | |
| -20 | 7 | 13 | 5 | -17 | -25 | -43 | -6 | -7 | -10 | -10 | -12 | |
| Net Cash Flow | 1 | -1 | -0 | 0 | -0 | 0 | 0 | -0 | 8 | 5 | 12 | -12 |
| Free Cash Flow | 21 | -9 | -13 | -5 | 16 | 25 | 43 | 6 | 19 | 12 | 41 | 5 |
| CFO/OP | 120% | 44% | 49% | 60% | 142% | 115% | 446% | 107% | 92% | 90% | 111% | 82% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 53 | 42 | 51 | 43 | 40 | 51 | 35 | 29 | 37 | 35 | 34 |
| Inventory Days | 110 | 129 | 124 | 130 | 101 | 122 | 132 | 99 | 98 | 110 | 102 | 108 |
| Days Payable | 37 | 48 | 31 | 46 | 37 | 62 | 81 | 62 | 49 | 68 | 64 | 57 |
| Cash Conversion Cycle | 121 | 133 | 135 | 135 | 107 | 101 | 102 | 73 | 78 | 80 | 73 | 85 |
| Working Capital Days | 61 | 58 | 62 | 60 | 57 | 64 | 77 | 62 | 54 | 61 | 54 | 67 |
| ROCE % | 18% | 22% | 17% | 9% | 9% | 16% | -1% | 8% | 31% | 24% | 22% | 19% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Average realization of pens ₹ per pen |
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| Total touch points count |
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| Volume of pens sold lacs of pens |
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Extracted by Screener AI
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 results.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Linc Ltd announced 32nd AGM voting results; all four resolutions passed, including Rs.1.50 dividend.
- MD'S Speech At 32Nd Annual General Meeting
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Aug 2025PPT
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May 2025Transcript
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Oct 2024Transcript
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT REC
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May 2024PPT
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May 2024PPT
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May 2024PPT
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May 2024PPT
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May 2024PPT
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May 2024PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023PPT
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Nov 2023PPT
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Sep 2023Transcript
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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May 2023PPT
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May 2023PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Nov 2022PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022PPT
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Dec 2019PPT
Business Overview:[1]
Linc is India’s largest & oldest writing instrument manufacturers with an assortment of ball pens, gel pens, roller pens, retractable ball pens, dark pencils and other stationery.