Lloyds Steels Industries Ltd

₹ 13.0 0.39%
05 Dec 4:01 p.m.
About

Established in 1974, Lloyds Steels Industries is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the HydroCarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects. [1][2]

Key Points

Products Offered
Hydrocarbon Sector: The Co. designs and manufactures products like Pressure Vessels & Heat Exchangers, Columns, Waste heat recovery Boilers, and Air/Gas/Liquid Dryers for the Hydrocarbon sector.
Steel Sector: The Co. manufactures products like Steel Melting Shop Equipment, Rolling Mill Equipment, and Other Misc Equipment.
Nuclear Power Sector: The Co. is registered with the Dept of Atomic Energy (BARC) and Nuclear Power Corporation of India Ltd. (NPCIL) for the supply of various equipment based on the basic design engineering by NPCIL and further design engineering, Seismic analysis, Stress analysis, etc.
Marine Sector: The Co. manufactures Fin stabilizers and Electro-Hydraulic Steering Gear.
Ports, Jetty, and Refineries: The Co. also manufactures Marine Loading Arm for the Ports, Jetty, and Refineries sector.
EPC/Civil: The Co. is also engaged in turnkey EPC contracts for the setting up of DRI Plants / Sponge iron plants. [1] [2] [3]

  • Market Cap 1,285 Cr.
  • Current Price 13.0
  • High / Low 29.0 / 8.15
  • Stock P/E 51.2
  • Book Value 1.76
  • Dividend Yield 0.39 %
  • ROCE 9.96 %
  • ROE 5.11 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 41.5% CAGR over last 5 years

Cons

  • Stock is trading at 7.36 times its book value
  • The company has delivered a poor sales growth of -8.03% over past five years.
  • Company has a low return on equity of 2.63% over last 3 years.
  • Working capital days have increased from 485 days to 790 days

* 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: Steel Industry: Steel - Medium / Small

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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
14.44 42.50 24.50 9.99 16.38 39.49 4.18 5.20 7.37 19.29 18.25 50.77 29.58
14.85 41.82 27.58 11.01 16.99 39.71 12.36 8.15 6.70 16.55 11.01 38.43 22.43
Operating Profit -0.41 0.68 -3.08 -1.02 -0.61 -0.22 -8.18 -2.95 0.67 2.74 7.24 12.34 7.15
OPM % -2.84% 1.60% -12.57% -10.21% -3.72% -0.56% -195.69% -56.73% 9.09% 14.20% 39.67% 24.31% 24.17%
1.29 0.70 4.36 1.86 1.76 1.63 7.84 2.38 1.75 1.51 1.12 -1.11 2.06
Interest 0.10 0.19 0.17 0.13 0.14 0.15 0.35 0.13 0.14 0.15 0.60 0.75 1.08
Depreciation 0.27 0.59 0.44 0.43 0.43 0.38 0.35 0.31 0.33 0.35 0.35 0.40 0.58
Profit before tax 0.51 0.60 0.67 0.28 0.58 0.88 -1.04 -1.01 1.95 3.75 7.41 10.08 7.55
Tax % -0.00% -0.00% 116.42% -0.00% -0.00% -0.00% -18.27% -0.00% -0.00% -0.00% 83.13% -0.00% -0.00%
Net Profit 0.51 0.60 -0.12 0.28 0.58 0.87 -1.24 -1.01 1.95 3.75 1.25 10.08 7.55
EPS in Rs 0.01 0.01 -0.00 0.00 0.01 0.01 -0.01 -0.01 0.02 0.04 0.01 0.10 0.08
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
-0 -0 -0 -0 510 117 76 122 98 114 70 50 118
-0 -0 -0 -0 493 118 79 152 103 117 80 45 88
Operating Profit -0 -0 -0 -0 18 -2 -3 -30 -6 -3 -10 5 29
OPM % 3% -2% -4% -25% -6% -3% -14% 9% 25%
-0 -0 -0 -0 9 8 6 34 10 8 13 10 4
Interest -0 -0 -0 -0 23 4 0 0 0 1 1 1 3
Depreciation -0 -0 -0 -0 1 1 1 1 1 2 2 1 2
Profit before tax -0 -0 -0 -0 3 1 1 3 3 3 1 12 29
Tax % -0% -0% 18% 31% 9% 24% 27% 51%
Net Profit -0 -0 -0 -0 3 1 1 2 3 2 0 6 23
EPS in Rs 0.01 0.01 0.02 0.03 0.03 0.01 0.07 0.23
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% 76%
Compounded Sales Growth
10 Years: %
5 Years: -8%
3 Years: -20%
TTM: 110%
Compounded Profit Growth
10 Years: %
5 Years: 41%
3 Years: 27%
TTM: 4309%
Stock Price CAGR
10 Years: %
5 Years: 51%
3 Years: 195%
1 Year: 37%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 3%
Last Year: 5%

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
0 0 0 0 0 90 90 90 90 90 90 90 99
Reserves -0 -0 -0 -0 91 3 15 17 20 23 24 30 75
-0 -0 -0 -0 1 0 -0 0 1 1 5 26 25
-0 -0 -0 -0 834 475 450 403 277 44 33 49 90
Total Liabilities 0 0 0 0 926 569 555 510 388 158 151 194 288
-0 -0 -0 -0 12 13 12 11 12 14 14 14 27
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 4 16
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
0 0 0 0 913 556 543 499 376 144 137 176 245
Total Assets 0 0 0 0 926 569 555 510 388 158 151 194 288

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
-0 -0 -0 -0 15 1 -4 -4 -2 -9 18 -17
-0 -0 -0 -0 11 0 3 5 1 12 -17 -12
-0 -0 -0 -0 -23 -4 -0 -0 -0 -0 -0 36
Net Cash Flow -0 -0 -0 -0 3 -4 -1 0 -1 3 0 7

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 205 1,028 1,416 503 348 79 46 72
Inventory Days 55 330 349 35 324 142 162 1,627
Days Payable 194 398 630 42 340 105 62 259
Cash Conversion Cycle 67 960 1,136 495 333 116 146 1,439
Working Capital Days 45 204 323 210 269 242 424 790
ROCE % -0% -0% -0% -0% 55% 5% 2% 3% 3% 3% 1% 10%

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
46.12 46.12 46.12 46.12 46.12 46.12 53.41 53.41 53.41 53.41 57.65 57.66
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.00
0.63 0.40 0.40 0.37 0.39 0.06 0.06 0.06 0.06 0.06 0.05 0.05
53.25 53.48 53.48 53.51 53.49 53.83 46.53 46.53 46.52 46.51 42.29 42.29

* 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.

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