Lux Industries Ltd
Lux Industries Limited was incorporated in 1995 and has emerged as one of the largest players in the hosiery business having a market share of 14% of the organised industry. It is the largest mid-segment hosiery enterprise in India. The Company has more than 100 products across 16 brands to address the growing need of customers. Company’s products are available in ~4,50,000 retail points spread across India.[1]
- Market Cap ₹ 5,233 Cr.
- Current Price ₹ 1,740
- High / Low ₹ 4,644 / 1,685
- Stock P/E 15.3
- Book Value ₹ 438
- Dividend Yield 0.69 %
- ROCE 34.7 %
- ROE 29.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 41.75% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.39%
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
Sector: Textiles Industry: Textiles - Composite
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
521 | 547 | 692 | 871 | 909 | 941 | 958 | 1,078 | 1,209 | 1,664 | 1,938 | 2,273 | |
498 | 515 | 647 | 801 | 828 | 846 | 838 | 923 | 1,028 | 1,393 | 1,555 | 1,799 | |
Operating Profit | 22 | 33 | 45 | 70 | 81 | 94 | 120 | 154 | 180 | 271 | 384 | 474 |
OPM % | 4% | 6% | 6% | 8% | 9% | 10% | 12% | 14% | 15% | 16% | 20% | 21% |
0 | 0 | 0 | 1 | 0 | 0 | 2 | 2 | 9 | 6 | 10 | 17 | |
Interest | 7 | 8 | 11 | 17 | 18 | 12 | 22 | 25 | 24 | 20 | 11 | 14 |
Depreciation | 3 | 4 | 4 | 6 | -4 | 4 | 7 | 10 | 11 | 15 | 17 | 18 |
Profit before tax | 13 | 21 | 30 | 47 | 68 | 79 | 92 | 121 | 155 | 243 | 366 | 459 |
Tax % | 33% | 31% | 32% | 33% | 33% | 35% | 35% | 36% | 34% | 25% | 25% | 26% |
Net Profit | 8 | 14 | 20 | 31 | 45 | 51 | 60 | 78 | 101 | 181 | 273 | 341 |
EPS in Rs | 3.31 | 5.59 | 8.04 | 12.40 | 17.88 | 20.29 | 23.62 | 30.84 | 40.12 | 71.57 | 108.25 | 113.53 |
Dividend Payout % | 14% | 8% | 6% | 5% | 7% | 7% | 6% | 7% | 9% | 18% | 0% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 19% |
3 Years: | 23% |
TTM: | 17% |
Compounded Profit Growth | |
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10 Years: | 37% |
5 Years: | 42% |
3 Years: | 50% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 13% |
1 Year: | -52% |
Return on Equity | |
---|---|
10 Years: | 30% |
5 Years: | 30% |
3 Years: | 30% |
Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 5 | 5 | 61 | 61 | 5 | 5 | 5 | 6 | 6 | 6 | |
Reserves | 24 | 37 | 56 | 86 | 127 | 174 | 241 | 313 | 409 | 737 | 1,004 | 1,310 |
131 | 132 | 185 | 238 | 279 | 225 | 291 | 329 | 181 | 220 | 101 | 302 | |
88 | 95 | 134 | 104 | 181 | 194 | 150 | 224 | 209 | 266 | 355 | 354 | |
Total Liabilities | 249 | 269 | 381 | 432 | 592 | 599 | 686 | 872 | 803 | 1,229 | 1,466 | 1,972 |
21 | 20 | 27 | 32 | 37 | 37 | 114 | 126 | 132 | 157 | 194 | 231 | |
CWIP | 0 | 0 | 18 | 20 | 53 | 72 | 11 | 5 | 0 | 1 | 9 | 34 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 5 | 39 | 75 | 62 |
227 | 248 | 336 | 380 | 502 | 489 | 560 | 740 | 666 | 1,032 | 1,187 | 1,645 | |
Total Assets | 249 | 269 | 381 | 432 | 592 | 599 | 686 | 872 | 803 | 1,229 | 1,466 | 1,972 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-21 | 16 | -40 | -10 | -19 | 81 | 21 | -2 | 193 | 163 | 393 | -225 | |
9 | -3 | -31 | -13 | -34 | -25 | -20 | -19 | -15 | -16 | -176 | 44 | |
40 | -8 | 41 | 34 | 79 | -90 | -1 | 16 | -178 | -143 | -139 | 149 | |
Net Cash Flow | 28 | 5 | -30 | 11 | 26 | -34 | -0 | -5 | -0 | 4 | 78 | -32 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 61 | 56 | 62 | 80 | 97 | 99 | 105 | 132 | 111 | 96 | 85 | 102 |
Inventory Days | 102 | 109 | 186 | 123 | 144 | 161 | 408 | 303 | 193 | 367 | 267 | 343 |
Days Payable | 85 | 91 | 117 | 68 | 74 | 90 | 211 | 191 | 125 | 150 | 159 | 117 |
Cash Conversion Cycle | 78 | 74 | 131 | 135 | 167 | 169 | 302 | 244 | 179 | 313 | 194 | 328 |
Working Capital Days | 76 | 77 | 100 | 106 | 134 | 125 | 150 | 173 | 139 | 167 | 123 | 207 |
ROCE % | 15% | 17% | 19% | 22% | 22% | 20% | 23% | 25% | 29% | 34% | 36% | 35% |
Documents
Announcements
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015. 14 Jun
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Jun - Of Schedule of Analyst / Institutional Investor meetings under the SEBI(LODR), Regulations 2015
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
4 Jun - Transcript of Earning Call held on 31st May, 2022.
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Announcement under Regulation 30 (LODR)-Credit Rating
4 Jun - Reaffirmation of credit rating by Acuite Ratings & Reseacrh Limited.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Newspaper Publication of Audited Financial Results of the Company for the quarter and year ended 31 st March, 2022
Annual reports
Concalls
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Transcript - Jun 22
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Transcript - Dec 17
High Marketing Spends [1]
Company spends 8% of turnover in brand building.
Have signed stars like Amitabh Bachchan, Varun Dhawan as brand ambassadors.