Lux Industries Ltd

Lux Industries Ltd

₹ 1,421 5.13%
26 Apr - close price
About

Lux Industries Limited was incorporated in 1995 having a market share of 15% of the organised industry. It is the largest mid-segment hosiery enterprise in India.Company is engaged in the manufacturing and marketing of innerwear, thermals, and casuals under various brands, with ‘LUX’ being its flagship brand. [1]

Key Points

High Marketing Spends
Company has invested a sizable amount in last seven years for brand building amounting to ~Rs.900 Cr. On a average Company spent 8% of revenues on branding.Salman Khan, Sourav
Ganguly, Jacqueline Fernandez, Vijay Deverakonda, Varun Dhawan, Boman Irani, Janhvi Kapoor are their brand endorsers. Company even sposored KKR team in IPL.[1]

  • Market Cap 4,280 Cr.
  • Current Price 1,421
  • High / Low 1,721 / 1,072
  • Stock P/E 38.8
  • Book Value 500
  • Dividend Yield 0.35 %
  • ROCE 13.2 %
  • ROE 10.6 %
  • Face Value 2.00

Pros

  • Company has reduced debt.

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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
533 592 415 620 658 580 564 631 458 715 521 638 447
426 468 327 482 516 473 488 566 423 671 487 580 412
Operating Profit 107 125 88 137 142 107 76 66 35 44 34 58 36
OPM % 20% 21% 21% 22% 22% 19% 13% 10% 8% 6% 6% 9% 8%
2 5 4 4 4 6 3 3 3 10 2 3 3
Interest 2 2 2 2 3 6 5 6 7 5 5 5 5
Depreciation 4 5 4 4 5 5 5 5 5 5 6 6 6
Profit before tax 103 123 85 135 138 103 69 58 27 44 25 50 28
Tax % 26% 25% 24% 25% 25% 27% 26% 26% 27% 25% 25% 24% 25%
76 92 65 101 103 74 51 43 20 33 18 38 21
EPS in Rs 30.05 36.54 21.55 33.49 34.40 24.77 17.12 14.29 6.52 10.86 6.09 12.75 6.97
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
547 692 871 909 941 958 1,078 1,209 1,664 1,938 2,273 2,368 2,321
515 647 801 828 846 838 923 1,028 1,393 1,555 1,799 2,146 2,149
Operating Profit 33 45 70 81 94 120 154 180 271 384 474 222 171
OPM % 6% 6% 8% 9% 10% 12% 14% 15% 16% 20% 21% 9% 7%
0 0 1 0 0 2 2 9 6 10 17 18 18
Interest 8 11 17 18 12 22 25 24 20 11 14 22 20
Depreciation 4 4 6 -4 4 7 10 11 15 17 18 19 23
Profit before tax 21 30 47 68 79 92 121 155 243 366 459 198 147
Tax % 31% 32% 33% 33% 35% 35% 36% 34% 25% 25% 26% 26%
14 20 31 45 51 60 78 101 181 273 341 147 110
EPS in Rs 5.59 8.04 12.40 17.88 20.29 23.62 30.84 40.12 71.57 108.25 113.53 48.80 36.67
Dividend Payout % 8% 6% 5% 7% 7% 6% 7% 9% 18% 0% 11% 11%
Compounded Sales Growth
10 Years: 13%
5 Years: 17%
3 Years: 12%
TTM: 4%
Compounded Profit Growth
10 Years: 22%
5 Years: 14%
3 Years: -7%
TTM: -42%
Stock Price CAGR
10 Years: %
5 Years: 1%
3 Years: -9%
1 Year: 4%
Return on Equity
10 Years: 25%
5 Years: 24%
3 Years: 22%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 5 5 5 6 6 6 6
Reserves 37 56 86 127 174 241 313 409 737 1,004 1,310 1,457 1,499
Preference Capital 0 0 0 56 56 0 0 0 0 0 0 0
132 185 238 279 225 291 329 181 220 110 316 231 203
95 134 104 181 194 150 224 209 266 346 339 391 447
Total Liabilities 269 381 432 592 599 686 872 803 1,229 1,466 1,972 2,085 2,155
20 27 32 37 37 114 126 132 157 194 231 284 286
CWIP 0 18 20 53 72 11 5 0 1 9 34 50 55
Investments 0 0 0 0 0 1 1 5 39 75 62 104 145
248 336 380 502 489 560 740 666 1,032 1,187 1,645 1,648 1,668
Total Assets 269 381 432 592 599 686 872 803 1,229 1,466 1,972 2,085 2,155

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
16 -40 -10 -19 81 21 -2 193 163 393 -225 182
-3 -31 -13 -34 -25 -20 -19 -15 -16 -176 44 -88
-8 41 34 79 -90 -1 16 -178 -143 -139 149 -119
Net Cash Flow 5 -30 11 26 -34 -0 -5 -0 4 78 -32 -25

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 56 62 80 97 99 105 132 111 96 85 102 122
Inventory Days 109 186 123 144 161 408 303 193 367 263 472 239
Days Payable 91 117 68 74 90 211 191 125 150 156 161 114
Cash Conversion Cycle 74 131 135 167 169 302 244 179 313 192 414 247
Working Capital Days 77 100 106 134 125 150 173 139 167 124 197 189
ROCE % 17% 19% 22% 22% 20% 23% 25% 29% 34% 36% 34% 13%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.39% 74.39% 73.95% 73.95% 74.33% 74.19% 74.19% 74.19% 74.19% 74.19% 74.19% 74.19%
4.81% 4.10% 3.89% 2.82% 2.08% 2.11% 1.88% 2.15% 2.18% 1.69% 0.95% 0.83%
6.44% 6.57% 6.66% 6.60% 6.23% 11.11% 10.18% 9.67% 8.96% 8.06% 6.94% 4.88%
14.36% 14.94% 15.50% 16.63% 17.36% 12.58% 13.75% 13.98% 14.67% 16.05% 17.91% 20.10%
No. of Shareholders 25,13039,16745,64257,75267,92975,97786,75687,37888,23992,88395,23797,862

* 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.

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Documents

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