Lotus Eye Hospital & Institute Ltd

₹ 86.2 -3.47%
07 Dec - close price
About

Lotus Eye Care Hospital is a Super Speciality eye care hospital offering ophthalmic services with personalised care. [1]

Key Points

Presence
The Co operates 7 Eye care centres in TamilNadu (5) and Kerala (2) which is at Peelamedu, R.S. Puram, Mettupalayam, Tirupur, Salem, Cochin and Mulanthurthy. [1]

  • Market Cap 179 Cr.
  • Current Price 86.2
  • High / Low 98.0 / 42.0
  • Stock P/E 42.6
  • Book Value 26.9
  • Dividend Yield 0.58 %
  • ROCE 7.91 %
  • ROE 5.57 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 33.7%

Cons

  • Stock is trading at 3.21 times its book value
  • The company has delivered a poor sales growth of 2.75% over past five years.
  • Company has a low return on equity of 3.81% 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: Healthcare Industry: Healthcare

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
10.59 10.03 8.17 4.76 7.17 9.87 10.57 5.92 10.81 11.61 10.57 11.87 11.86
8.97 9.44 8.59 4.99 6.81 8.20 8.81 5.75 8.72 9.26 9.33 9.55 10.10
Operating Profit 1.62 0.59 -0.42 -0.23 0.36 1.67 1.76 0.17 2.09 2.35 1.24 2.32 1.76
OPM % 15.30% 5.88% -5.14% -4.83% 5.02% 16.92% 16.65% 2.87% 19.33% 20.24% 11.73% 19.55% 14.84%
0.27 0.27 -0.16 0.14 0.30 0.20 0.19 0.17 0.21 0.22 0.28 0.24 0.23
Interest 0.01 0.03 0.02 0.02 0.02 0.02 0.01 0.02 0.04 0.04 0.03 0.03 0.03
Depreciation 0.62 0.63 0.70 0.57 0.58 0.59 0.59 0.53 0.60 0.63 0.75 0.68 0.75
Profit before tax 1.26 0.20 -1.30 -0.68 0.06 1.26 1.35 -0.21 1.66 1.90 0.74 1.85 1.21
Tax % 32.54% 20.00% 26.15% 1.47% -16.67% 15.87% 17.78% 4.76% 24.70% 26.84% 27.03% 26.49% 24.79%
Net Profit 0.86 0.16 -0.95 -0.67 0.08 1.05 1.11 -0.20 1.25 1.39 0.54 1.37 0.90
EPS in Rs 0.41 0.08 -0.46 -0.32 0.04 0.50 0.53 -0.10 0.60 0.67 0.26 0.66 0.43
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
19.14 26.23 29.11 28.69 29.90 31.13 33.96 38.02 38.43 40.55 32.35 38.90 45.91
15.64 24.64 25.51 25.40 27.72 27.14 30.63 33.68 35.21 36.57 28.73 32.98 38.24
Operating Profit 3.50 1.59 3.60 3.29 2.18 3.99 3.33 4.34 3.22 3.98 3.62 5.92 7.67
OPM % 18.29% 6.06% 12.37% 11.47% 7.29% 12.82% 9.81% 11.42% 8.38% 9.82% 11.19% 15.22% 16.71%
0.19 0.36 0.64 0.39 0.46 0.58 0.68 0.91 0.68 0.21 0.84 0.88 0.97
Interest 0.10 0.05 0.05 0.04 0.10 0.16 0.15 0.18 0.21 0.24 0.14 0.21 0.13
Depreciation 2.90 4.14 3.73 3.54 4.76 4.44 3.44 3.37 3.06 2.50 2.33 2.50 2.81
Profit before tax 0.69 -2.24 0.46 0.10 -2.22 -0.03 0.42 1.70 0.63 1.45 1.99 4.09 5.70
Tax % 36.23% -0.45% 8.70% 60.00% 10.81% 400.00% -7.14% -2.35% -12.70% 26.90% 21.11% 27.14%
Net Profit 0.44 -2.25 0.42 0.04 -1.98 0.10 0.44 1.75 0.71 1.06 1.57 2.98 4.20
EPS in Rs 0.21 -1.08 0.20 0.02 -0.95 0.05 0.21 0.84 0.34 0.51 0.75 1.43 2.02
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 236.36% 59.43% 0.00% 0.00% 66.24% 34.90%
Compounded Sales Growth
10 Years: 4%
5 Years: 3%
3 Years: 0%
TTM: 24%
Compounded Profit Growth
10 Years: 13%
5 Years: 45%
3 Years: 61%
TTM: 31%
Stock Price CAGR
10 Years: 25%
5 Years: 22%
3 Years: 57%
1 Year: 73%
Return on Equity
10 Years: 1%
5 Years: 3%
3 Years: 4%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
20.80 20.80 20.80 20.80 20.80 20.80 20.80 20.80 20.80 20.80 20.80 20.80 20.80
Reserves 32.37 30.11 30.53 30.57 28.59 28.69 29.26 29.84 29.32 30.46 31.90 33.81 35.06
0.09 0.43 0.26 0.18 0.83 0.66 0.48 0.29 0.22 0.32 0.40 1.24 0.00
4.30 4.72 5.31 7.01 6.20 4.68 4.40 7.28 6.18 6.53 6.12 5.74 8.08
Total Liabilities 57.56 56.06 56.90 58.56 56.42 54.83 54.94 58.21 56.52 58.11 59.22 61.59 63.94
47.88 47.78 45.31 46.94 47.04 43.57 41.32 42.52 44.14 42.67 40.54 44.07 44.35
CWIP 0.39 0.00 0.18 0.36 0.27 0.42 0.65 0.29 0.29 0.00 0.00 0.00 0.00
Investments 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
9.29 8.28 11.41 11.26 9.11 10.84 12.97 15.40 12.09 15.44 18.68 17.52 19.59
Total Assets 57.56 56.06 56.90 58.56 56.42 54.83 54.94 58.21 56.52 58.11 59.22 61.59 63.94

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
9.12 2.28 3.71 4.41 2.37 3.38 2.97 5.78 4.20 4.97 2.73 4.39
-7.86 -3.29 -1.20 -5.05 -4.65 -0.85 -1.06 -3.86 -4.01 -0.68 0.49 -3.92
-1.36 0.15 -0.16 -0.77 1.87 -0.58 -0.25 -1.51 -1.41 0.13 -0.32 -1.58
Net Cash Flow -0.10 -0.86 2.35 -1.41 -0.40 1.96 1.66 0.41 -1.22 4.42 2.90 -1.10

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 8.01 5.29 3.89 4.96 4.27 5.98 7.31 10.94 7.22 5.94 8.35 5.82
Inventory Days 132.51 94.51 135.42 166.70 121.54 113.25 60.22 79.23 128.20 124.42 138.82 150.03
Days Payable 230.90 150.77 160.79 130.52 125.08 105.51 87.32 129.95 167.37 170.41 220.72 207.18
Cash Conversion Cycle -90.38 -50.97 -21.48 41.14 0.73 13.72 -19.79 -39.78 -31.95 -40.05 -73.54 -51.34
Working Capital Days -8.39 -9.88 0.25 -13.10 -19.90 -8.56 -8.92 -26.02 -14.53 -21.33 -20.99 -10.98
ROCE % 1.47% -4.46% 0.99% 0.27% -4.23% 0.24% 1.19% 3.63% 1.66% 4.67% 3.92% 7.91%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
57.68 57.68 57.68 57.68 57.71 57.74 57.74 57.74 57.74 57.74 57.74 57.88
0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
42.28 42.32 42.32 42.32 42.29 42.26 42.26 42.26 42.26 42.26 42.26 42.12

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

Documents