LKP Finance Ltd

LKP Finance Ltd

₹ 145 4.98%
18 Jun - close price
About

Incorporated in 1948, LKP Securities Ltd is in the business of finance and trading & investment in shares and securities, derivatives etc.[1]

Key Points

Business Overview:[1][2]
Company is registered as a Non-Banking Financial Company with a presence in over 200 cities. It offers a range of solutions and services in multiple financial asset classes including brokerage services. Company is engaged in capital and debt market related activities viz. merchant banking, institutional equity, wholesale debt market, retail debt market, PF Advisory, research, retail equity, distribution and depository services of financial products (mutual funds and insurance). Group operates its merchant banking division only for the debt placements

  • Market Cap 183 Cr.
  • Current Price 145
  • High / Low 269 / 74.0
  • Stock P/E 3.07
  • Book Value 284
  • Dividend Yield 2.06 %
  • ROCE 18.2 %
  • ROE 18.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.51 times its book value
  • Market value of investments Rs.186 Cr. is more than the Market Cap Rs.183 Cr.
  • Company's working capital requirements have reduced from 108 days to 36.0 days

Cons

  • Promoter holding has decreased over last quarter: -18.3%
  • Company has a low return on equity of 12.3% over last 3 years.
  • Dividend payout has been low at 8.57% of profits 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
20 47 22 5 -4 -4 22 11 0 21 26 20 23
15 6 1 12 5 4 2 1 2 2 1 -1 10
Operating Profit 6 41 21 -7 -10 -8 20 10 -2 20 24 21 13
OPM % 28% 86% 96% -165% 93% 92% -24,000% 91% 95% 107% 55%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 1 0 1 0 1 1 1 1 1 2 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 5 40 20 -8 -11 -9 19 9 -3 18 23 20 12
Tax % -56% 15% 8% 13% 11% 6% 4% 26% 16% 20% 17% 23% 16%
8 34 18 -7 -9 -8 18 7 -3 15 20 15 10
EPS in Rs 6.60 27.41 14.40 -5.27 -7.46 -6.60 14.70 5.28 -2.34 11.56 15.51 12.26 7.96
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
78 74 143 103 44 78 15 19 96 61 28 90
47 51 98 73 17 52 16 40 25 16 9 12
Operating Profit 32 23 44 30 27 26 -1 -21 71 45 20 78
OPM % 41% 31% 31% 29% 60% 33% -8% -106% 74% 73% 69% 87%
0 1 0 2 0 1 30 0 1 0 0 0
Interest 23 22 20 20 14 5 2 2 3 3 4 5
Depreciation 2 2 4 1 0 0 0 0 0 0 0 0
Profit before tax 7 1 21 11 12 21 26 -23 70 42 16 73
Tax % 51% -283% 17% 31% 19% 6% 24% 0% 13% 13% 13% 19%
3 3 18 7 10 20 20 -23 61 37 14 59
EPS in Rs 2.80 2.07 14.57 6.06 8.20 15.84 15.75 -18.08 48.26 29.09 11.04 47.30
Dividend Payout % 72% 97% 70% 116% 24% 13% 19% -11% 4% 10% 9% 6%
Compounded Sales Growth
10 Years: 2%
5 Years: 44%
3 Years: -2%
TTM: 220%
Compounded Profit Growth
10 Years: 37%
5 Years: 24%
3 Years: 0%
TTM: 330%
Stock Price CAGR
10 Years: 11%
5 Years: 16%
3 Years: 12%
1 Year: 86%
Return on Equity
10 Years: 11%
5 Years: 12%
3 Years: 12%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 12 12 12 12 12 13 13 13 13 13 13
Reserves 142 141 141 138 110 131 157 132 241 277 284 344
192 116 166 144 96 56 36 36 46 82 121 85
48 60 53 59 18 2 2 6 17 14 7 15
Total Liabilities 395 329 373 354 236 202 208 186 316 385 425 456
15 16 14 13 3 3 2 2 2 2 2 2
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 14 10 31 37 66 50 113 82 205 182 246 337
367 303 328 304 168 149 93 103 110 202 177 118
Total Assets 395 329 373 354 236 202 208 186 316 385 425 456

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-65 72 -13 1 -8 58 -2 -14 -13 -14 11 51
25 2 41 18 -5 8 -45 18 8 -5 -56 -10
40 -78 -17 -10 16 -45 -27 -4 9 31 32 -46
Net Cash Flow 0 -4 12 9 3 20 -74 0 4 13 -13 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 248 360 232 309 85 0 393 220 27 10 9 0
Inventory Days
Days Payable
Cash Conversion Cycle 248 360 232 309 85 0 393 220 27 10 9 0
Working Capital Days 1,232 947 541 608 946 182 632 563 56 87 202 36
ROCE % 10% 7% 14% 10% 10% 13% 14% -11% 30% 13% 5% 18%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 63.62% 45.32%
3.52% 2.40% 3.56% 3.56% 3.56% 3.56% 3.56% 3.56% 3.56% 3.56% 0.00% 3.30%
0.01% 0.00% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.20%
32.85% 33.97% 32.81% 32.81% 32.81% 32.82% 32.81% 32.81% 32.81% 32.82% 36.38% 51.18%
No. of Shareholders 4,3125,2785,4665,4965,5265,4735,3985,4185,4065,3175,2195,935

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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